37 Burst results for "80 Million"
Crypto Banter
A highlight from "DO NOT Buy Bitcoin Now! Here's WHY..." | Gareth Soloway
"I'm back and we're one day before the FOMC Bitcoin still at 27 ,175 now Gareth says Gareth Soloway He says that Bitcoin can get back to $30 ,000 But then he also says that even though Bitcoin can get back to 30 ,000. He wouldn't actually buy it. Listen to this Now interestingly enough, let's talk about how high can price rally right? So, I mean, let's let's talk about it So if you're someone who's saying wow, do I buy Bitcoin now? Honestly the answer is no now But he does think you can go back to to $30 ,000 So listen, what we're gonna do is we're gonna get Gareth on the show a bit later on He's gonna talk to us about what he meant when he said he thinks Bitcoin can go back to 30 ,000 level But he wouldn't actually be buying Bitcoin right now and that's ahead of the FOMC now. Remember it's a big FOMC why because we haven't heard from Jerome Powell since the 25th and 26th of July, so we haven't heard anything from Jerome Powell since the 25th and 26th of July and Remember that since the 21st and 26th of July we've had two very big inflation readings So the big question is what is Jerome Powell going to do tomorrow? Is he going to engineer a soft landing that is one thing that he could be doing or or or is he going to Fly the plane like that plane that got lost I think what we need to do is we need to spend some time talking about this because honestly Honestly, honestly, honestly I Mean, how can anyone? Lose an 80 million dollar plane even the Biden administration. Like how can you lose an 80 million dollar plane? No one can lose an 80 million dollar plane. Not even the Biden administration So this we've got a lot to talk about today. We're also gonna talk about finance We're gonna talk about finance in the SEC. They did go to court yesterday There was a little bit of FUD that came out of the court case yesterday Usually as you know, I don't really pay attention to the finance FUD But this time it's coming from the same people that warned me about Celsius and they were right So I took the side of Celsius and they were right So as I said, I don't usually pay attention to finance FUD because I think it's like usually just bat And I think there's too much finance FUD But I do think we need to talk about what came out of the hearing yesterday. So listen, I'm back We've got a huge show today one day before the FOMC. Let's go guys I Mean we have to laugh we have to laugh Not only did they lose a plane But then like to make matters worse they want us to help them Find the plane now. I mean, this is a true story They lost an 80 million dollar plane and they want us to help them find a plane That's the type of discussion that I usually have with James like I lost the soundboard James. Where's the soundboard? I lost it on the way to work. Anyway, we'll talk we'll talk about the plane later. There's a lot to talk about Listen guys, I'm back. I'm back in the studio. We've got a lot to discuss today Got a big show ahead of the the FOMC Also, I want to talk to a little bit about Asia I want to talk to you about Binance I want to talk to you about altcoins because we are getting bounces in the altcoins as you can see right here on the bubbles But it seems like it's stuff going up one day and down the next day Which means that there's no new capital coming in we know that and what that also means is that we're getting Asset money rotation between between one place or another and then also as a city later on gathers Garrett's coming on the show So we've got a lot to talk about we're a lot we're gonna be here together But let's talk about remember if you haven't yet subscribed the channel help us because one of the things that I realized in Singapore Was the bigger our channel the bigger the guests we can get on the channel the more attention they pay their pay to us And so when you guys subscribe to this channel when you like this content And we get the content out there and you subscribe to the channel That helps the channel grow that helps us bring more bigger guests onto the channel. That's why we need you I'll bring you the highest alpha per minute show in the world every single day and You will just like the content and then everything's fine. Everything works. It's a symbiotic relationship. Anyway, let's talk about Where we are right now Let's go to the charts what we can see when we look at the charts is that Bitcoin is above 27 ,200 one day before the FOMC meeting now, I heard rumors earlier That the reason why Bitcoin was actually rising is because the mount gox trustee may be forced to delay the distribution of the mount Bitcoin 2024 till that was actually written up by the blocks I heard the rumors much earlier today and then the block wrote something about it They're saying Bitcoin bounce may be due to mount gox delay rumors, but still targeting 22 ,000. That's a fan manager called QCP bitcoins price is largely due to rumors of delay that mount gox may drag their payments into 2024 that's actually exactly what I heard earlier today. So it could be that we may not be getting the mount gox Bitcoin hit in the market. Now you ask yourself. Why would that happen? So you very simply why would that would happen mount gox was hacked in 2014 this this this story took place in 2014 The liquidator like the FTX liquidator earns money on The longer this drags out the more the liquidator and it's almost like think about it like a lawyer Okay so the more this thing drags out the more money that the liquidator makes and it looks like the liquidator is going to continue to Pressure the side of the year now, let's go back to the charts because I want to show you something back on the chart So then if you remember but Kyle dupes said something very interesting. He said look when we get this death cross What will happen after the death crosses, but Bitcoin will go down But then Bitcoin will go up back to the price of where the death cross happened, which is twenty seven thousand seven hundred so so far Kyle's little I don't know if you want to call it a prediction is is actually playing out and playing out exactly like said Gary says we can actually go even to 30 ,000. I actually think that both of them are wrong I think that we may at some point soon this year this this month this year We will break that 30 ,000 everyone. I've been saying it for a while I don't know if you remember but I did say at the beginning of September when everybody was completely bearish about Bitcoin and everyone said oh September's gonna finish down because it finishes down every single September. I said no guys I think September's gonna finish up so far. I'm up five point five two percent So so far it feels to me like like like like I'm gonna look I'm gonna Get this but you must realize what's actually happening here James. What what's for lunch? Scacra doesn't talk but he's chewing here. I can hear the chewing going in my one ear and out and out over there Anyway, what we are seeing here is you need to look at the open interest on Bitcoin and what you realize is that the open? interest is just Completely tracking the price which means that price goes up open interest goes up price goes down open interest goes down That's what's going on here, which means it's just short term Ups and downs so to speak that are happening in the market and it's not real volume or real buying coming in So we still I'm still not convinced that this is the pump that's gonna take us over 30 ,000 But I am convinced that bitcoins gonna go north of 30 ,000 end of September Maybe even early October and I think shaldino shares the same the same sentiment as me because he's just opening lungs and lungs and Lungs and you should I think today you opened another long on the show. Did you guys did you guys watch Sheldon show today? scarecrows Scarecrows don't talk but the children open along yes or no scarecrows He opened us a line along. Okay, so say he did open a lot the guys got big big big kahunas I think the same thing was happening with alts when I look at the alt coins It looks like we're just getting a shift from one old coin to another old coin So yesterday roll, but was up today roll, but is down yesterday rune was up today rune is down and that's exactly what's happening There's no big moves. Let's just quickly check on the one hour time frame. No big moves. No big moves in all coins it's basically just a rotation of Many the good thing is that the fundamentals of Bitcoin and I said I don't say this likely but the fundamentals of Bitcoin have actually Never ever ever been stronger and what I mean when I say the fundamentals of Bitcoin have never been stronger So there's two parts of the fundamentals. The one part of the fundamental is the research So what does the research say? What are the fundamentals behind it? The other part of the fundamentals is something that is unique to Bitcoin and unique this asset class Which is the on -chain data because if you look at other asset classes, they don't really have on -chain data Bitcoin has on -chain data So, you know like when we say fundamentals we can actually just go to the chain and we can just say look Well, what is it? What does the chain say? What is the the data on chain say and here this is where it gets a little Bit exciting so it gets very exciting. The first thing is long -term The supply held by long -term holders up to the highest that it's ever been so you can see the percentage Supply that is held by long -term holds the Bitcoin never ever ever been higher that is Also evident here where you can see that 80 % of all Bitcoin have not moved in the last six months so what we're seeing here is long -term holders keep growing and then when they lot they hold they They hold for forever because it hasn't moved for more than six months What we also see is we see the short -term holders have been capitulated. They're out of the market. We don't see them anymore They were here. They they were good tourists and then we said bye -bye and they were just sending their money back to exchanges When I look at the unchain The unchain data right now and I said I don't say this lightly the unchain data right now looks the most positive that's ever been because the coins are sitting with the people who ain't gonna sell the Coins and when I say anchor solid coins, they holding the coins for for six months plus The sentiment is also very good. And I saw this tweet by Chris Paniski and he He shares the same sentiment that I shared in Asia He was struck by how incredible and what the buzz is that happened in a token 2049. You can see his his These guys are killing my ears Thanks guys. Thanks for thanks for destroying my eardrums. I used to have eardrums now they're gone Anyway, that's his version of what happened at token 2049, but he's been around for a while He says contrasting token 25 20 49 to the first bear market conference. I went to inside Bitcoin in April 2015 the worlds are completely different and that's true because Even though from a pricing point of view, we're in a bear market I'm gonna show you something very very very interesting about where we are in the market The other thing that's happening now, which we haven't seen in Bitcoin for for for a long time Since I got into Bitcoin people have been promising me that the institutions are coming into Bitcoin. It's always been the narrative It's like look we've got to prepare ourselves got to prepare us off Because you know what the institutions are coming in when the institutions come in The price of it coins gonna go to the moon and every time the institutions never came in They launched a Bitcoin futures and bang the the price collapsed So I've always been hearing since I got you That the institutions are coming into Bitcoin when the institutions come into Bitcoin They're gonna bring all the money with him But it's been this letdown because it like as much as I've been hearing about it The institutions just haven't come but they just didn't arrive now the institutions are undoubtedly undoubtedly undoubtedly here So we have got Citibank. They are now Unveiling their own Separate blockchain which is going to which which they're going to start piloting you got this is old news But you got the LSE looking to tokenize assets in the line the stock exchange As your as you will recall if you saw my video about token 2049 in Singapore I thought hey said big bull market he predicts and if you go watch that video see what he said But he basically how he breaks down why the bull market is gonna happen in 2024 he also breaks down that AI is gonna be the narrative that's gonna lead it and then he says, okay Well, then you need to you need to be buying file coin Then a German banking giant will be able to hold a number of crypto currencies for its clients So you can see what's going on here. You can see exactly what's going on Yeah, this industry is becoming more and more institutional Deutsche Bank one step closer to launching a digital asset custody service You've got Japanese banking giant Nomura launching a Bitcoin adoption fund for institutional investors You see what's going on here the institutionals the institutions are here are finally actually getting here but we are in a very very very unique time now because this is What Michael Saylor described when I interviewed Michael Saylor last time you'll remember it if you watch the Michael Saylor discussion This is what he said about where we are now about the unique time that we are now in In the cycle able to pick up the phone and call your broker and buy 50 million dollars worth of it Right. So we're at that stage where we know it's coming but We really haven't plugged Wall Street into the asset yet We're in this in between period which in my opinion is the best time to be it's like, you know the future No one else can act on it. If you if you have a crypto account with a crypto Exchange to buy Bitcoin right now So so you hear what he's saying he's saying if you we know they're coming they just it's like it's like it's like this Imagine a concert, you know, the concerts gonna start everyone's waiting at the door, but the gates aren't open yet You know when the gates open everyone's gonna come in and go to the car the concert you have the inside information But they can't act because the doors are still closed. That is where we are. Now. The institutions are coming in this morning I saw that blockchain capital Which is one of the original og funds in crypto, these are like, you know, these are two brothers original og og og funds in crypto raised 400 and say five hundred and eighty million dollars for two new funds now if you read where did they get their money from? most of the firm's limited partners are traditional institutional investors including University endowments So they've got five hundred and eighty dollars from all of these sovereign wealth funds and guys I mean if you were here in 2017 and you were here in 2018 and you were here in 2019 and notice it you look You know in next year or in two years time you're gonna get five hundred and eighty million dollars Given to two brothers in the United States Who have got a good track record and the money's gonna be given to them by institutional university By university endowment private foundations the writing's all over the world. All you have to do is You just have to Act because it's inevitable. It's completely completely completely inevitable And I know like a lot of you may may be sitting here and going yeah But you're not crypto is full of scams and you know, you know We spoke about keeping our customers happy and how every time we get the big names in crypto coming into our into our industry We destroy them, etc, etc You need to remember that every single technology goes through the cycle and I want to read you something which I saw earlier today which made me smile and and again affirm that I was in the right direction so Visa seemed like a disaster when it was first launched the kind of people who attack new things would have been all over it from From the Wikipedia article it says listen to it says they're talking about visa However, the program was riddled with problems as Williams who had never worked in a bank's loan department had been too earnest and trusting in His belief in the basic goodness of the bank's customers and he resigned in December 1959 22 % of the accounts were delinquent not the 4 % expected the police departments around the state were confronted by numerous incidents of of a brand new crime called credit card fraud Both politicians and journalists joined the general uproar against Bank of America and its new fangled credit card Especially when it was pointed out that the card holder agreement held customers liable for all charges even those resulting from fraud Bank of America officially lost eight point eight million dollars in on on the launch of Bank of America card But when the full cost of advertising and overheads were included the bank actually lost around 20 million dollars I mean if you change the word credit card there and you replaced it with the word blockchain you'd say hell them This is exactly what's going on here.
Stephanie Miller
Fresh "80 Million" from Stephanie Miller
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Crypto Banter
A highlight from These Altcoins Are In Big Trouble! (Major Token Unlocks) | *How To Profit*
"We're talking about token unlocks today very misunderstood in crypto people hear the word token unlock and they start to seize up They get all nervous tense. They think prices are going to dump but in today's video I want to explain the upcoming token unlocks that we actually have hitting the market and I want to take an analytical look a deep dive into how this could actually affect the market because I have gone through the data and Have a pretty concrete idea of how different unlocks actually end up affecting price And of course, it's going to create so many trading opportunities for you on the long side on the short side But also if you're a long -term accumulator of tokens, you know with you know, pretty steep vesting schedules this can present huge opportunities So I think it's gonna be a pretty valuable show and if you do enjoy more educational style content like this Make sure to smash the thumbs up button So I'm gonna use this week to contextualize the current state of unlocks in the market over the course of this week We have six major unlocks comprising around 80 million dollars worth of Capital that is coming onto the market ape with 11 % of their supply is the main one You've got Lido at point 2 % of their supply as a secondary one You've got Aptos as well with 2 % sweat tokens flow talk with tokens and EUL all hitting the market now There's an amazing website that I think you should be using basically every single week to keep on top of the token unlocks and it's called token app unlocks so token unlocks dot they're not sponsoring the show It's just an application that I personally use to stay on top of the unlocks And what it shows you is the unlocks as you can see in the right There's a corresponding column which shows you the date that an unlock takes place It shows you all the unlocks in the market the percentage of their supply that is dumping and where the supply is coming from Super valuable information now We're hitting a very critical inflection point when it comes to crypto unlocks because many of the tokens in the market are now Starting to mature and we typically know that when projects structure their token omics They tend to skew the more steep part of their cliffs for the mid one to two year period Of the project or the tokens existence So what we're seeing now with a lot of projects that were launching in 2020 2021 When the bull market vibes are on and there was lots of funding coming into the market a lot of those projects And now starting to hit their mid supply curve. For example, you've got dy dx with significant unlocks You've got eight coin with significant unlocks optimism with significant unlocks all these claims that are unlocking significant percentages of their supplies Tend to launch in that 2020 to 2021 period and because that was the bull market you have a lot of tokens during that period That were laying out their vesting schedules and this of course has huge ramifications for the prices of these tokens And as I said starts to create trading opportunities off the back of that So how do token unlocks actually affect price in the market? Is it an instant death sentence for a token that causes a huge dump or is there this kind of phenomenon called a bullish unlock? Which ends up meaning an unlock is fully priced into the market Well, there's data that when I looked into this actually was pretty unexpected to me That kind of gives you a good scope of what actually happens when there's a token unlock So I'm gonna read through the research here large crypto token unlocks drive price lower within two weeks research suggests So let's talk about this right now new research by analytics firm The Thai shows coins on average and they've looked through all the major unlock coins over the last few years Declined in the lead -up to the event of the actual unlock However, when the liquidity freed up represented more than 100 % of the average daily volume Prices quickly recovered only to fall deeper within two weeks following the unlock and we're going to get into this with real examples in a second So what they're saying here is that when the amount of liquidity? exceeds the amount of the average daily trading volume that you can get simply by going on coin gecko for example if we want to Work out the trading volume of ape we search up a coin and we can see here The daily trading volume is 63 million if the unlock for ape actually exceeds this amount of 63 million then they affirm that prices quickly recover But then they fall deeper within two weeks following the unlock and this firm has gone through 350 ,000 individual token on the unlocks to come up with this data Let's look at this graph and talk about what it means because I believe it's one of the biggest pieces of alpha I've found in the market honestly in the last week because unlocks are everywhere every token you're likely buying or selling has an unlock This is how crypto tokens fund themselves. They unlock onto the market They sell this enables them to generate liquidity for their treasury this enables them to to incentivize advisors market makers Etc without dumping their price by launching all at once now There are some tokens like uni what for example which have executed fair launches Which means well basically they launch all at once and then they're 100 % of their tokens are in supply This can work but for projects that are trying to bring on investors. It obviously doesn't make sense So most of the bigger projects in the market with big VC backing do have unlocks because this is how VCs are able to Recoup their initial investment without hurting the token price too much in the short term But as you'll see in a second it actually ends up hurting the price in the long term in cases where the unlock Represented more than 100 % of average daily volume as we just asserted prices tend to rebound faster But only for a brief period this could be attributed to traders feeling relieved that the unlock did not flood the market with new tokens Immediately within Nonetheless two weeks prices of tokens facing such significant unlocks fell below their initial levels at the time of the unlock this may suggest that holders preferred to wait a few days before selling into the market this essentially Debunks the bullish unlock theory. So there's this theory floating around in the market that token unlocks are bullish And yes in a bull market when liquidity is running rampant and people are you know? Ramping onto crypto and speculating into coins and money's flowing in Oftentimes unlocks are bullish because the market in general is bullish, right? But in neutral periods and bearish periods and just on average across all periods which should you know Get rid of those extremities on the highs and the extremities on the lows It does tend to negatively impact price and this is a major misconception in the market that has been like statistically debunked now Through this report that tokens actually perform worse out of unlocks I mean who would have thought right but this is what happens if this is the math that we see here So this graph which I think is just pure alpha shows the unlocks by size shows the average normalized price of a token Let's say like a dollar and ten cents and shows based on the volume Representative of the token versus the unlock size how it performs and we can see what we saw from large Tokens which are tokens where the unlock outweighs their trading volume So it's bigger than their trading volume these large tokens tend to bounce So this zero period is the amount of days post unlock they tend to bounce in price But then two weeks later start to correct and this isn't just one example as I said This is taking three hundred fifty thousand tokens and analyzing it Now the interesting thing is the small section and the aggregate section shows that smaller unlocks So unlocks all like small size that aren't outpacing, you know The average daily trading volume this tends to bottom out on the unlock date and then they tend to recover in the weeks following so What this tells us is the size of the unlock? Dictates the price action of the unlock So if an unlock is really big it tends to bounce a lot quicker because investors start feeling relieved Like think about the psychological component here But then the real weight of the selling pressure starts to impact on the market and then over the next couple weeks You start to see the real impact start to hit whereas with smaller unlocks So unlocks which don't outweigh the average daily volume It tends to actually bottom out just before and on the unlock date But you don't see that huge bounce that huge bullish unlock, you know phenomenon that we see you see a slow Grind up a slow recovery and then sometime after that, you know You may see a decline but 20 days after the event that should give us like a rough scope of how an unlock affects the market Alright, let's go practical now Let's look at some of the major unlocks in the market and let's learn how to actually make money using Token unlock so looking through the market what you should do is you should identify Tokens that you're interested in because unlocks as I said, they create opportunities in the short term They also create opportunities in the long term You can go through the list and work out which tokens you're interested in trading like you've got dy dx here You've got ape you've got optimism If you're interested in stacking these there definitely is opportunities to get in during these windows where you see these massive declines and based on The size of the unlock that is going to dictate when you actually choose to get in So a token that has a bigger unlock for example like an apron optimism You may choose to wait for a bit of a bleed and then get in get in around the 15 to 20 day mark Whereas with a smaller unlock as you can see, there are some really tiny ones like Lido is pretty small Uni is pretty small these unlocks can basically Rebound are slowly over time post unlock and make the actual unlock date or just before the unlock date where some of the bearishness is Being priced in that can be an opportunity to accumulate So the token unlocks app does an amazing job of actually doing full reports on all coins So I want to give you a bit of alpha here If you go onto the website and you click on the insights tab now some are paid But some are free if you click on the insights tab, you can scroll down and actually view Individual token unlock reports and this is alpha especially if you're interested in Accumulating any of these tokens or trading any of these tokens It gives you like a great summary of what they anticipate is going to happen with price based on previous prices For example on the ape coin unlock here You can see that in March they did a hundred and thirty four point eight million dollar unlock in September They have an equal unlock and then in April through to August. It was a much smaller unlock So when you're analyzing the ape coin Price performance you wouldn't want to compare this week's unlock with an April unlock because it's just so much bigger, right? It makes more sense to compare the September unlock with the March unlock So what you can do is you can scroll down and you can see well if we go back to March How did price actually react to the unlock? Well, it had a small pump in and then it bled then it had a rally and then it bled again So you can start to look at what the previous unlocks of similar size actually did in the market And the ape coin unlocks do line up with this phenomenon that we're seeing from the token research here You can see we get pumps into the unlock then it bleeds And then we see that rally into the next unlock and this happened basically every unlock We saw the pump then it bleeds and then it pumps again. So we know what the phenomenon is Assuming that the unlock was big which I know it was for ape versus its trading volume We know that they they actually pump into the unlock and then their big dump happens over the next couple months We can see this exhibited multiple times on the ape coin chart here. So that's why this token unlock section is so powerful So if you do want to trade like any old coin, of course and take advantage of the strategy I want to give you a reminder that if you're looking for a Dex look no further than G trade a Decentralized permissionless protocol that allows you to trade and they also have a function one -click trading So literally trade with one click on a variety of trading pairs. So all coins Bitcoin Ethereum commodities They Forex have as well So if you want to trade anything on a Dex and of course keep self custody of your own assets Which is so important in crypto and still get the benefit of being able to use leverage and set a stop -loss and take profit Of course and set limit orders short long, whatever you want to do. Um, you can do so on G trade across polygon or arbitrum There's a link in the description to check it out thought I would mention that because yeah A lot of these tokens that I'm discussing today's video They are available on Dex's like G trade to actually trade if you're taking more of the short -term angle now I want to take more of the long -term angle and look at how can you take advantage of unlocks if you're bullish on a token? So let's say you you scroll through the list. You're bullish on Optimism you're bullish on sui and you want to accumulate long -term. How can you use these events to position yourself? Long -term and get better entry opportunities for your long -term portfolio So for investors typically the weeks following a big unlock are a great place to buy the tokens if you're bullish on the long -term prospects of the token Especially if you do see that phenomenon where it sells for two to three weeks after the unlock Especially in a bearish environment like this all coins a lot of them versus their PTC pairs are bleeding Bitcoin is a little bit shaky. The market is relatively apathetic So these unlocks are starting to affect the market more in these conditions So the effects of unlocks are always based on the market conditions in which the unlocks take place and in this market You will see some of these sell -offs that we've been discussing be slightly more severe And because of this these can give you great buying opportunities So I recommend scroll through the list look at if there's a token with a big unlock and start to just pinpoint the dates on Your trading view so you can literally go on to trading view. Let's say, you know, we want to Set a date for optimism. What you can do is click on your trading list You can search up optimism and you can start putting in these Vertical lines which indicate when the next major unlock is happening So if we go on to token unlocks we scroll down We see optimism has a major unlock in 17 days on the 30th of September We can map out the 30th of September on our chart by using one of these vertical lines as we can see here Okay we put it in on the 30th and now we have a red line which shows us when the unlock happens and What you can do is you can kind of track where the price starts to falter In the two to three week period following this unlock that would then be potentially a decent zone for you to buy if you can map confluence with your Horizontal levels and you can do this for any altcoin so if you do see let's say the token price do what happens with these big unlocks typically and Pump afterwards and then start to bleed then you can look to accumulate in this period here if you get good Horizontal confluence so that is one strategy that you can use faults that is more from an investor standpoint If you want to short you can definitely take advantage of shorting these pumps if they happen post unlock and you can also map that Out with your confluence So let's say it pumps into this area and you're seeing like a major resistance in this zone and then it starts to come under You get a bearish underside retest and then it starts to roll over Well, this could be your short entry on the retest to get in such as one example Like very basic of how you can use this but token unlocks from an investor and a trader standpoint Are very very valuable and what you can also do alongside just basic ta is actually use momentum indicators So let's use the optimism example again You can go onto an application like Kyber AI which is like your ultimate AI on chain trading platform Click on optimism and see what the momentum is like for the coin at that time If you start to see after two weeks the token pump and then start to roll over a little bit and you're looking for let's You can look at the Kyber score and see if the bullish momentum of that token is starting to tick into the bearish territory So you might see the last like for Kyber scores coming bullish and then you might see the momentum starting to tick bearish Using their on chain analysis function when that starts to happen Which is likely indicative of cells outpacing buys on chain The on chain indicators can tell you first before the centralized exchanges catch up whether that altcoin is starting to get bearish Momentum and that can be a great peak data point for consulates to get into a short setup and Similarly after an unlock takes place if you want to buy optimism long term But you want to be a bit more picky with your entry then you can do the same thing You look for bearish momentum tick into bullish momentum like it's exhibiting right now And if that maps up with our net buyers starting to position themselves on chain Then that can give you an indicator alongside an uptick in trading volume that you should be getting in So always look for momentum shifts in crypto and this can help you get better entries So if you don't want to use Kyber AI for any of that, there's a link in the description We have an early access pass for people that want to use that link. You do need to get approved. I'm sorry It's not instant approval But I promise you it's worth the wait because it's been an amazing application and I want to thank them for partnering with the show Because yeah, it's an application that I regularly use in my trading But I thought I'd just mention it in the context of this video Because it's super relevant for using an application like this to help you get entries. So pretty much with unlocks there there is like a lot of nuance, but what you need to know is Have your finger on the pulse in terms of tracking them Make sure to utilize the reports at your disposal through an application like token unlocks. There are free ones There are paid ones if you don't want to pay that's completely fine Like they're not a sponsor of the show or anything You can kind of use this framework for mapping volume versus the size of the unlock and if it fits within this Of course, it's not going to happen like this every time but on aggregate if you trade, you know Based on this assumption then on average you'll probably end up ahead given the fact there's a sample size here of three hundred and fifty thousand Given, you know, they've done extensive research. So obviously sometimes there are outliers Sometimes the project might announce news before an unlock to pump the price Sometimes the market will just react differently due to like a switch in market conditions But generally if you follow the blueprint you will come out ahead in the long term Market conditions do play a huge factor in a bullish market unlocks are like always the best buying Opportunities in a bear market unlocks are often the best shorting opportunities because you have to consider the weight that some of these unlocks can have on the market when the buyers are apathetic because when buyers don't want to step in and protect price and you have additional supply dumping in a bear market that is a Recipe for disaster a lot of the time but in a bull market that's often a recipe for buying the dip So you probably want to take the short side more than the long side in a bear market And you want to take the long side more than the short side in a bull market So important to wrap your head around that concept Bitcoin actually has quite a bit of overhang. I'm speaking about Bitcoin for a second They've got the US government Silk Road Bitcoin. They've got the Mt. Gox Bitcoin or they've got the FTX Bitcoin as well Which is going to be start to be liquidated soon So there is a fair bit of supply overhang in general if we could continue to see bearish market conditions And we do get some of these like unlocked overhangs, you know Just supply increases hitting the market then that could be a reason that Bitcoin starts to correct but given the fact we're heading into 2024 when we've got like major catalysts like the Bitcoin spot ETF You know the ETH ETF the Bitcoin halving potential rate cut rate cuts on the horizon those all can be opportunities To take advantage of the unlocks in the meantime So when you know the destination it becomes easy to play the game in the short to medium term If you're a long -term investor, so just thought I would add that as well in the context of Bitcoin, too So yeah, maybe we went with a bearish tile today Figured out what my thumbnail is but if it is just know it can be bearish on but it also can be bullish and hopefully this video can act as a bit of a framework for you to be able to contextualize and then apply or token unlock trading to your own trading stuff, hopefully this video helps if it did smash the thumbs up button and subscribers in order to subscribe and of course We have a link to games if you want to trade in a decentralized manner in the description and a link to Kyber If you want to sign up to execute the AI strategy that I discussed on today's show I will see you later.
CoinDesk Podcast Network
Fresh update on "80 million" discussed on CoinDesk Podcast Network
"Do you agree that that is so, and if so, when do you think we might see that, et cetera? You know, of course, I don't focus on criminal stuff. I mean, I'm mainly focused on bankruptcy court stuff. Clearly, when you read it, it rises to the level with something that could be criminal. I mean, when people see this stuff, I mean, even take the complaint against Sam in the freezing of the Robin Hood shares, which I guess were recently sold, I guess it's some news, that was reported, I guess, two weeks ago. I mean, it's not actually such a great thing that they get criminally indicted or get a criminal complaint against them because it stops the lawsuit against them. And it also will deplete the assets that the state will be able to get because basically they'll be fighting criminal trial until the civil files tried. Any money they've got, they can fight, they can use to defend themselves from the criminal case. So, it's clearly something they're looking into, but as you can see, as they're going down the rung of FTX insiders, I think his mom and dad are probably a little lower on the totem pole than the people they've been going after, but it's clearly something where they could face something. But these things take many, many years. I mean, I think for criminal indictments, I mean, they can be years and years after the activity. So, the civil again is faster, the bankruptcy is a lot faster, but that could be coming down the pike. Yeah, for sure. Although, I mean, at least historically, the charges against Sam were, I think, sort of record breaking. I don't know if they're literally record breaking, but they were extremely fast. So many people commented on that at the time last year. One thing that I wanted to ask you about also was the parents released a statement to Coindesk after this news of the lawsuit saying, quote, this is a dangerous attempt to intimidate Joe and Barbara and undermine the jury process just days before their child's trial begins. And I wondered what your thoughts were on that statement. I mean, I don't want to curse on your pod. I don't think John Ray cares about, you know, Sam's criminal trial. I don't think there's any orchestration. He probably doesn't even know that like the jury selection is going on. I mean, maybe he does, but it's just not a focus. OK. So basically, the FTX bankruptcy pursuit is just happening on its own timeline and Sam's trial is happening on its own timeline and the two are like unrelated. I'm sure that the investigators, whether it's the SEC or the DOJ, have a request for information subpoenas on the estate, which the estate has to meet. But for the most part, and I'm sure they work, you know, they pass information. But generally speaking, like if the SEC or the DOJ, it's sort of a one way street. They request information on you. You give it to them. They don't really tell you what they're doing. And so I don't think John is in any way, you know, any sort of coordinated effort. I just think he's really focused on creditors, creditor recoveries and prosecuting the file of, you know, going through all these things. And he's got a bunch of stuff teed up. You've seen a few other adversary proceedings that have been filed and he's going picking them off one by one, you know, sort of working the file, adjudicating each file and just doing what he's supposed to be doing. So I really did think the timing is, you know, maybe to them it feels like it's coordinated, but I guarantee you it's not. And so earlier when you were saying that the amounts that could be obtained by suing the parents are small compared to the around $8 billion that are owed to the creditors, you know, what does that say to you that this is, you know, where they're at right now? Does it say to you that they're kind of near the end of trying to get money back from people or like, yeah, what is the significance of that? All the lawsuits we've seen are really fraudulent transfer lawsuits or fraudulent conveyance lawsuits. And I'll use the term because everybody uses it, but I hate it. Like within clawbacks, within bankruptcy, you have fraudulent transfers and you have preferences. They haven't started any real preferences. They've only filed fraudulent transfers. Basically deals that were unfavorable to the estate. Now maybe there's some other insiders, but most of those insiders have claims and those lawsuits will really be about objecting their claims as insiders that were unjust enrichments or something like that. Those are probably dealt with the claim objection. So right now he's getting, they filed on July 31st, I did the date for you, they filed the So that's where he's really headed, this is the plan. And as part of that, he's filed all the lawsuits he wants to file for fraudulent conveyance, fraudulent transfer. So basically bad deals that the estate did or somebody that took advantage of the estate or something that Sam did that was sort of like an insider deal. Then and they're going, you're right, you're right. They're kind of getting lower, lower down, but they haven't really started if they're going to bring any sort of preferential payment stuff. And this is a hot topic. A lot of retail investors, I'm sure are worried about it, but there are also a lot of large creditor counterparties, I will not name names, but you know them, like all the big firms in crypto that would have traded with FTX are going to have some preference exposure. And the question is going to be, that'll be the big next probably shoes to drop are those lawsuits. How are they going to be handled? Are they going to be settled early? Are they going to offset their claims? I mean, John, I think has said publicly, and he definitely said to me that he really wants to shrink the denominator to improve recoveries, and I think he was referring to stuff like that. I think under the bankruptcy code, he has to consider going after preferences, but I think as a starting matter, those will probably be the next set of a big lawsuit. So yes, the short answer to your question, yes, I think he's sort of going down the rung of interesting fraudulent transfer cases to bring. OK, yeah. And this lawsuit against the parents did also prompt Stanford University to say that it would return money that was donated to them. You know, the way that came up in this suit was that the suit alleged, quote, Bankman was involved in these donations that did not benefit the FTX group and instead amounted to naked self-dealing by Bankman, who sought to curry favor with and enrich his employer at the FTX group's expense. You know, that was an additional amount of money that they were able to get. But you're right. It's not a large amount. I've seen so many bizarre insider dealings from trying to buy people's claims. And not all bad. It's not like these people are bad, but just weird back in the envelope, like, sure, here's 10 million bucks. Yeah, here's a million bucks type of transactions with no paper and no contract. You have to question, like, why did Sam do that? I don't know that it was to, I mean, whatever. We can't get into the psychology of his head and what he was thinking, but it's some very bizarre stuff. I mean, employees with bonuses that were never, they never had contracts. The bonuses were in crypto. There's no record of the bonus other than like a whatever, a Slack message or a Telegram message. Just bizarre stuff that you would not normally see anyway. So speaking of clawbacks, I believe the lawyers are considering doing what are called retail clawbacks, meaning clawbacks from the people that are essentially also the creditors themselves. So explain, you know, a little bit more about that and whether or not you think that's likely to happen and how that will be decided. Gosh, where do I start? We've talked about this one before last time, but just to go into it, and I saw that before I came on that biology and tweeted about clawbacks or preferences, which is pretty funny. It's made it all the way up the pole of biology, but the idea of a – Biology is screaming Boston. Yeah. Yeah. Sorry. For the record. Are there multiple modalities? Well, just not everybody is like super into crypto. No, I know. I know. I'm joking. I wouldn't even know how to say his last name, so I appreciate you saying it for me. So on preferences, there's really no distinction between a preference that belongs to a business or an individual. Of course, it sort of tugs at the heartstrings a bit more if it's an individual who's just trading their account. They're just moving money around the way you would in your brokerage account or your bank account and you think, well, hang on, wait, I got to pay that money back? Like I was lucky to get a little bit off. What do you mean I got to pay it back? So there's that that comes into it when it's a retail person, probably more so than when it's an institution. But generally speaking, Clovax or preferences and a 546 section of bankruptcy code, that's important. The idea is within 90 days of bankruptcy, you received a payment that was preferential in nature even if you didn't know it. You don't have to have knowledge because the idea is you got a payment that was preferential and so the other creditors are out because you took money out. And so they're getting less because you basically took money out of a tub that wasn't full. And so it's presumed that there was insolvent. And so you have some, of course, defenses to preferences and we can walk through those. Of course, most people are very scared, I think, on the retail side of preferences. I think there are a lot of good defenses to preferences and again, we can walk through them. But the estate did come out recently and say that they were kind of showing what the preference exposure looked like to their – or I should say exposure, but their potential preferences they could go after. And it looks pretty ugly because a few things, one, they showed that there's like $9 billion in the last 15 days. There isn't a lot of case law on – That was removed from the exchange. Right. It was removed from the exchange before the petition date. And there isn't a lot of case law on banks filing for bankruptcy because they can't since 1986. I think it might have even been earlier, but 1986 onward, they could not file for bankruptcy. There isn't a lot of case law. There is some case law before 1986 and there's some subsequent 1986 about extraordinary periods where you can't argue what's called ordinary course defense. And this is a big defense that a lot of people use in traditional bankruptcy and in the crypto bankruptcies around preferential payments that could be potentially clawed back. And I think creditors will make that. I think the terms of service are not going to stand up, but people will still try to argue that. And there are some other defenses if you want to go into them. But basically, the idea is if $9 billion went off the platform, that $9 billion could be clawed back lawsuit by lawsuit by lawsuit and you would have to pay that money in before your other claim, the remainder of your claim that you have in the estate would be allowed and they have the power of offset. So let's say you have a million dollar claim and you took off a million dollars in the preference period. They can literally offset your claim with the preference. So it's kind of on one level you think, oh, this is great, this can help recoveries, but it's kind of a bloody way to get there. But this is effectively what happened in Madoff and it happens in all the big bankruptcies, which is they do look at clawbacks. The better your defense is, you know, ordinary course of business is probably the leading defense, new value defense, meaning I deposited after I withdrew money. Let's see if we can keep going. So ordinary course, new value. And yeah, those are the big ones. There might be one more. But then the other one that people are talking about is the safe harbor, which allows for Oh gosh, I don't want to go into this. The transactions between financial intermediaries cannot be clawed back under a thing called 546E of the Bankruptcy Code. This was put in during the 2005 updates to the Bankruptcy Code and the idea is you don't want financial contagion. And so the way you prevent financial contagion is transactions between financial intermediaries cannot be sort of clawed back, right? So if you get a financial crisis like 2008 or a bank run, you don't really want other banks having to pay other banks back if they all go under because it just creates contagion. What happens is everybody tries to suck money out of the system because they're worried about preferences. And I actually think it's important for the crypto ecosystem to probably argue for 546E treatment. But no one's taking me up on that. And just to clarify, like an example of that on FTX would be what? Like two trading firms that are trading on FTX or like, I don't even know if they have an OTC dashboard. No, no, it comes off the platform. So let's say a market banking firm, yeah, let's say another big financial institution that people might have capital at that's in crypto is trading with FTX and they have balances on FTX. And let's say during the preference period, they pulled off $20 million. And now if people think all of a sudden like, well, hang on, these guys have a $20 million preference. I should pull my money from them. Like, I don't know, Nexo or like name your, I don't know, Kraken, I don't know, someone else is trading or like I should really pull my money or even if I'm an investor, like let's say I'm an investor with a market making firm and you're like, oh my gosh, they have a big preference. Like they could go after them. Like I should really pull my money. Oh, got it. And so it creates contagion within the system or that's what the thought is. And that's why 546E exists. Generally it's like if Fidelity is trading with T. Rowe Price or things like that. So when you have all these Wall Street brokerage firms, but it also applies to, it says financial intermediary is what the code says. And of course this has been like super heavily litigated, like all the way up to the Supreme Court a few times or many times, what the definition of financial intermediary is and stuff like this. And it's a very highly technical thing, but it is a potential defense and we'll see how John and the guys at FTX go about arguing it. I think the judge, people forget the judge is going to be very sympathetic to the idea that if there was a bank run in the last 15 days, the people got to pay that money back. Now, he might let it say, OK, ordinary course defense applies to everything in October or whatever the other 60, 70 days. But in those last 10 or 15 days when there was a huge bank run, I'm not allowing you to argue ordinary course defense. And now that defense is out, but now you have to argue new value. Well, people were just pulling money out. So new value isn't going to apply to a lot of those withdrawals because the deposits already happened. There's not going to be a deposit. So then you're left with 546E, which is a very expensive proposition to be arguing. So it can meaningfully help recoveries, but it's also going to come off the pound of flesh of other creditors. Right. I mean, the way I look at that is that it's almost like the estate wants to socialize the losses amongst everybody. So in order to do that, they have to claw back the funds, create one big pool again, and then cut them all by the same percentage before paying everybody out. So honestly, it's not that different from what Bitfinex did. Well, Mt. Gox didn't, but Bitfinex did something similar. Oh, did they? I didn't know that. That's smart. OK. After their hack, yeah. But what they did was they introduced that token, which I think basically there were some different options on whether or not you took the token or you took cash or you could trade the token or you could just hold on to it and hope that the value of the token would eventually rise. And I think it was based on something like the revenues of the exchange. And so then eventually at a certain point when the revenues had come in enough, the who had any of those tokens left. So it doesn't sound like the state is going to do anything like that, but they will, sounds like, or at least they're considering doing the socializing of the losses. Well, yeah, I think it's a nice, well, I would say for larger firms, they're probably going to want settlements. Like if you name like the who's who of crypto who were trading partners with FDX, I assume they're going to, when they have like a hundred million dollar preference, like there's going to be like, hey, let's not burn a ball legal fees, like let's figure out a solution. But who knows? I mean, they'll be, those are kind of lawsuits that will happen towards the end of the bankruptcy and they'll be going on for years and years and years. Like that's the kind of stuff that could be going on in 10 years from now. And so when would you, like, are you imagining that there will be a decision on whether or not to try to attempt the retail clawbacks, like at a certain point, like, can you put a date on that? Right. The debtor has two days from the petition to basically start filing them to bring causes of action as they're called under the bankruptcy code. And yeah, I mean, so November, what are going to be November soon? And then it'll not be November now, it'll be November 2024, right? Is when they have to bring them by. Oh, okay. So if they're going to do that, then we would see it before that at some point. I mean, the way that code kind of works is like the debtor has the right, but not the obligation to do a lot of stuff. This is one of those things. Got it. Well, if you were to set odds, like what odds would you give that they're going to do it? I mean, I think they kind of have to, they kind of have to try it on. I just don't know how successful they'll be. If I was in a firm and I had the financial wherewithal, like I would totally fight this. If I didn't, I would mitigate the risk, maybe sell it to somebody non-recourse, someone wants to buy a claim and fight my preference or just be ready to fight it. But if it's like, hey, we're not in the business of like fighting this stuff and once the market hears about this, not going to help our brand equity, then you're going to want to deal with it. And if you're a smaller retail trader, you probably even, you don't have better odds because you need to hire a real counsel if it's like a million dollar plus preference. But if it's a smaller preference, it's hard for them to bring cases and actually collect. So what does someone say? Like possessions nine-tenths of the law. I mean, it's kind of a joke, but also like it's hard for them to collect a $200,000 preference from a retail client. So I don't want to like get people spooked like if they're a small retail client. Even like someone with like a $20,000 preference, I mean, imagine how hard it is for the apparatus of John and, you know, $2,000 an hour lawyers to collect something like that. It's very hard. Okay. Yeah. So it's probably only the bigger creditors that they would go after. All right. Well, this has been very illuminating. Thank you so much for coming on Unchained. Thanks, Laura. Don't forget, next up is the weekly news recap, today presented by veteran crypto reporter and Columbia University Night Batch of Fellow, Michael Del Castillo. Stick around for This Week in Crypto after this short break. Join over 80 million people using Crypto.com, one of the easiest places to buy, trade and spend over 250 cryptocurrencies. Spend your crypto anywhere using the Crypto.com Visa card. Get up to 5% cash back instantly, plus 100% rebates for your Netflix and Spotify subscriptions and zero annual fees. Download the Crypto.com app now and get $25 with the code, LAURA. Link in the description.
The Crypto Overnighter
A highlight from 659:SECs ETF Trap, Binance Exodus, and Chinas CBDC March
"Good evening and welcome to the crypto overnighter. I'm Nicodemus and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax and let's get started. And remember, none of this is financial advice. And it's 10pm on Monday, September 4th, 2023. Welcome back to the crypto overnighter where we have no sponsors, no hidden agendas and no BS. But we do have the news, so let's talk about that. Tonight we take a look at the growing exodus of key executives at Binance and what it means for the crypto titan. The SEC finds itself in a quagmire over Bitcoin ETFs and JP Morgan thinks they're cornered. Meanwhile, China's push for its digital wand raises eyebrows and concerns. Down under, Australia's Senate hits the brakes on a critical crypto bill. And in a tale of two Koreas, the Republic of Korea gears up to crack down on the North's crypto theft. Lastly, FTX's star -studded advertising is under the legal microscope. Stay tuned. It's going to be a time. Binance is facing a significant loss of key executives. Mayor Kemet, the global head of product, resigned after more than a year with the company. Kemet was responsible for overseeing product launches that contributed to a user -based expansion from 80 million to over 150 million in 18 months. Leon Fung, who oversaw operations in the Asia -Pacific region, has also left the platform. Fung was responsible for the company's growth in Japan, the Republic of Korea and Thailand. The departures are closely linked to regulatory scrutiny, particularly from U .S. authorities. Binance faces increasing pressure from regulators, including the U .S. Securities Exchange Commission, which filed a lawsuit against the exchange and its CEO, Changpeng Zhao, in June. The departure of key executives from finance is more than just a staffing issue. It's a symptom of larger problems that the company is grappling with. Regulatory pressures are mounting, and the SEC's lawsuit against Binance is a clear sign that the exchange is under the microscope. This isn't just about Binance. It's about the crypto industry at large. When the world's largest crypto exchange is facing this level of scrutiny, it sends a message to the entire sector. The loss of key executives, especially those responsible for product development and regional growth, could have a ripple effect on Binance's future strategies and its standing in the global crypto market. The company may be the world's largest crypto exchange, but they're not invincible. This is a wake -up call for anyone who thinks crypto companies can operate outside the reach of regulators. The departures also raise questions about Binance's ability to maintain its rapid growth trajectory in the face of increasing regulatory challenges. The crypto space is still in its early stages, and these departures signify potential roadblocks in the path of Binance's global expansion. Alright, from a crumbling titan to regulators stuck in the mud, if Binance's issues had you concerned, wait till you hear about the SEC's Catch -22. Hit that notification bell so you never miss an episode.
Coronavirus
A highlight from DeBank Announces L2 Built On OP Stack
"Welcome to your Ethereum news briefing, here's your latest for Friday, August 11th, 2023. The bank announces a Layer 2 built on the OP stack, Eigenlayer plans to increase its liquid staking token cap, Avid proposes to add Wrapped Go as a collateral only asset, and SmallDapp introduces Multisave. All this and more starts right now. Optimism is providing us with 500 OP tokens to onboard users onto the network. Visit ether .fm forward slash NFT and enter code word DBANK for a chance to mint today's podcast as an NFT on OP mainnet and earn a share of 500 OP tokens. DeFi portfolio dashboard DBANK revealed plans to launch its own Layer 2 network built on the OP stack. Coined as DBANK Chain, the rollup will provide users with low -cost transactions and native account abstraction -like features, including a new account system integrated at the chain level that will provide users with a Web 2 -like experience. The new system supports transaction signing with a dedicated Layer 2 private key. DBANK Chain is now live on Testnet and is natively integrated into Rabi Wallet. Users can use a built -in faucet on Rabi to claim Testnet funds and use the network. DBANK plans to deploy the rollup to mainnet in 2024. Restaking solution Eigenlayer announced that it will lift its cap for liquid staking tokens until any one of the tokens hits 100 ,000 tokens restaked. The lift will go live on Tuesday, August 22nd. Eigenlayer currently supports restaking for STE, RE, and CBE. There is currently no limit for restaking native Beacon Chain Ether through EigenPods. Eigenlayer is still in the first of three launch phases. The second phase introduces support for node operators, which can receive delegation from restakers and operate validated services. The third and final phase introduces actively validated services, or AVS, that can receive distributed validation from participating operators. Eigenlayer holds over $80 million in total value locked. Aave contributor Mark Zeller published a proposal to add Wrapped Go as a collateral -only asset with a new stablecoin e -mode in the Aave v3 Ethereum pool. The integration would allow Wrapped Go to be used as collateral for borrowing USDC, USDT, DAI, and LUSD. The proposal aims to enable an arbitrage incentive when Go goes below its peg. The Go Stability Module, or GSM, will focus on incentives for when the stablecoin goes over peg. The proposal also specifies a 77 % loan -to -value ratio, an 80 % liquidation threshold, and a 4 .5 % liquidation penalty as parameters. The proposal is currently under community discussion before a vote goes live on Snapshot. And lastly, SmallDapp introduced MultiSafe, a dedicated dApp for deploying a safe smart contract wallet with the same address across multiple chains. The dApp also supports cloning for safe wallets that are already deployed. The dApp supports deployments for Ethereum, Polygon, Optimism, Arbitrum One, and Gnosis Chain. SmallDapp is a registry of small dedicated dApps, including dApps for token distribution, disposal, and migration. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ether .fm. Thanks for listening, we'll see you on Monday.
Ethereum Daily
A highlight from DeBank Announces L2 Built On OP Stack
"Welcome to your Ethereum news briefing, here's your latest for Friday, August 11th, 2023. The bank announces a Layer 2 built on the OP stack, Eigenlayer plans to increase its liquid staking token cap, Avid proposes to add Wrapped Go as a collateral only asset, and SmallDapp introduces Multisave. All this and more starts right now. Optimism is providing us with 500 OP tokens to onboard users onto the network. Visit ether .fm forward slash NFT and enter code word DBANK for a chance to mint today's podcast as an NFT on OP mainnet and earn a share of 500 OP tokens. DeFi portfolio dashboard DBANK revealed plans to launch its own Layer 2 network built on the OP stack. Coined as DBANK Chain, the rollup will provide users with low -cost transactions and native account abstraction -like features, including a new account system integrated at the chain level that will provide users with a Web 2 -like experience. The new system supports transaction signing with a dedicated Layer 2 private key. DBANK Chain is now live on Testnet and is natively integrated into Rabi Wallet. Users can use a built -in faucet on Rabi to claim Testnet funds and use the network. DBANK plans to deploy the rollup to mainnet in 2024. Restaking solution Eigenlayer announced that it will lift its cap for liquid staking tokens until any one of the tokens hits 100 ,000 tokens restaked. The lift will go live on Tuesday, August 22nd. Eigenlayer currently supports restaking for STE, RE, and CBE. There is currently no limit for restaking native Beacon Chain Ether through EigenPods. Eigenlayer is still in the first of three launch phases. The second phase introduces support for node operators, which can receive delegation from restakers and operate validated services. The third and final phase introduces actively validated services, or AVS, that can receive distributed validation from participating operators. Eigenlayer holds over $80 million in total value locked. Aave contributor Mark Zeller published a proposal to add Wrapped Go as a collateral -only asset with a new stablecoin e -mode in the Aave v3 Ethereum pool. The integration would allow Wrapped Go to be used as collateral for borrowing USDC, USDT, DAI, and LUSD. The proposal aims to enable an arbitrage incentive when Go goes below its peg. The Go Stability Module, or GSM, will focus on incentives for when the stablecoin goes over peg. The proposal also specifies a 77 % loan -to -value ratio, an 80 % liquidation threshold, and a 4 .5 % liquidation penalty as parameters. The proposal is currently under community discussion before a vote goes live on Snapshot. And lastly, SmallDapp introduced MultiSafe, a dedicated dApp for deploying a safe smart contract wallet with the same address across multiple chains. The dApp also supports cloning for safe wallets that are already deployed. The dApp supports deployments for Ethereum, Polygon, Optimism, Arbitrum One, and Gnosis Chain. SmallDapp is a registry of small dedicated dApps, including dApps for token distribution, disposal, and migration. This has been a roundup of today's top news stories in Ethereum. You can support this podcast by subscribing and following us on Twitter at ethdaily. Also subscribe to our newsletter at ether .fm. Thanks for listening, we'll see you on Monday.
Tech Path Crypto
A highlight from 1206. Stablecoin Frenzy Triggering a Bull-Run?
"All right, so let's get into some stablecoin news today. There is a frenzy in the market and some of the things that have been happening, of course, with PayPal, you've learned a little bit about that here on this show, but there's also starting to be some impacts on the rest of the crypto market. We'll try to break down maybe the winners and losers here that could play out. This is going to be a big one. My name is Paul Baron. Welcome back in the Tech Path. Let's get into a couple of news stories today. And then I've got some clips that will line up for you that I think you guys will start to get how all of this plays into the future of crypto. And I think this is all a good thing. Very bullish news. So let's start up here on the top. Watchaguru says Fed is now going to require approval before state banks can issue, hold or transact stablecoin payments. This, of course, is pretty good news because when you think about just the Fed, remember that they run all the supervisory activities FDIC including insurance, all those kind of things for a bank, even the overnights, all that is handled through the Fed. So this approval or the ability to get this approval is a big deal. So the goal of the Novel Activity Supervision Program is what they call it, is to foster the benefits of financial innovation while recognizing appropriately addressing risks to ensure the safety and soundness of the banking system. The program will integrate into the Federal Reserve's existing supervisory process, meaning that will banks be able to get stablecoins approved, meaning you'll be able to grab a stablecoin within your banking system. The question would be, what kind of stablecoin would that be? Could it be a bank stablecoin? Could it be something like what PayPal is doing or USDC most likely going to be the culprit here? So a lot happening around this. All of this is good news because with stablecoin adoption, in my opinion, comes the adoption of crypto in general. And that starts to flow into Web3 activity and all kinds of other things. Let me jump over to another quick note here. According to Bernstein, this analyst, this is a stablecoin market will experience a massive rise. And he's basically saying, we think this thing's going to grow 22X in five years. Now, if you think about that, you're going from $125 billion to around $2 .8 trillion. That's a significant growth in the market. Further in the article, major global financial and consumer platforms are expected to issue co -branded stablecoins. We've talked about that many times here on the show. It's going to happen. And then other potential stablecoin issues like Amazon, Alibaba, Tencent, Apple, Google, others. I don't know if Apple will be in there. Maybe they will when they finally open up to crypto. We'll see. Report also states stablecoin regulation has more political support than crypto regulation. Very interesting. This is something we've talked about here on the show as we've felt like stablecoins would most likely get the first win. regulatory That still could be the case. If you go back to a lot of our videos where we broke down a lot of these hearings, go back to our playlist. Just check our channel. There's a big playlist in there of all the hearings. And I want you to watch the one with Maxine Waters and Patrick McHenry. Basically, it's the Dems and the Republicans going at it. And there was a little bit of slowdown on this. So the good thing is, is this may speed that up in the long term here. Further in the report also warns that stablecoins still face a number of challenges and risks such as legal uncertainty, technical glitches, competitors and hacking. You know, kind of like banks. They also face those same challenges. I don't think this is really anything new. I want to get over to a clip. And this first clip we're going to go into is a little bit of the timing of how all this is transacting. Listen in. What made you change your mind? Why now? We do think that stablecoins are the killer app for blockchain technologies. Innate advantages in terms of cost and programmability and settlement time of stablecoins are something that we cannot just sit out. We see that there is demand for additional tokens in this space and we see the regulation moving forward. And that combination of things maybe is the right time to step. All right. Some good things here. I think the fact that the timing is along with the demand and I would agree with that speed of light transactions, the ability to move in a lot of different markets and across borders is going to be a pretty significant win on how stablecoins can be used. So that is a good thing. Let's go over to this next clip, which gets into the regulator pushback a little bit. Listen in. Have you faced any pushback in developing the stablecoin? Because, I mean, PayPal is a very big company. We already saw that regulators around the world didn't let Facebook do this. Why are regulators going to let you do this? We are a regulated financial institution. We have been in this business for more than 20 years. We are bringing to bear all the infrastructure that we have built over the years in terms of being regulated in multiple countries, in terms of risk management, in terms of compliance. And we think that that's a key asset. That is a difference in the approach that we are taking. I agree with that. You know, we've talked about that also is that PayPal and many others that we've kind of hinted at here recently on the show is that there are some key players that will most likely get the ability to execute on this much faster. Any kind of money services business such as PayPal would be a natural. I think there will be some others that will be kind of the second tier that could be a natural evolution of potential stablecoins. So I think the fact that they're going to be able to get some regulatory clarity because of their current licensing and how they're set up as a money services business is a good thing. And I know that there's a lot of people on the fence about it. And I would love to get you guys' feedback. For you, is this a pro or negative to what's happening in the crypto markets as a whole? Just let me know. If you think it's bullish or bearish, let me know. Drop some comments down below. I want to go over to another clip here, and this is talking about the PayPal stablecoin versus fiat and how they're going to be handling that. Listen in. Why does this work better than fiat? If you think that when you are doing payments with digital currencies, you can settle in times that range from seconds to minutes. When in traditional payment methods, sometimes you're sending a wire internationally and that can take three to five days to settle. So when you are a merchant and you're intrigued about accelerating the time that it takes you to receive money, this has a very, very good application for that. All right. So in my opinion, this will also be used by a lot of businesses. B2B payments will be a big part of this, being able to utilize PayPal. It's already kind of built into the e -commerce systems that are out there in a lot of the Web 2 formats as it is right now. But to be able to enhance that immediately and get immediate payments instead of ACH, which sometimes takes at least a 24 -hour and sometimes longer. If it's on a Friday, it's over the weekend. But he's right. Wires are much longer. They're very costly. It's not immediate settlement and you can't track it. So all of those are beneficial to taking this onto the blockchain. So I would agree with them. I want to go over to another clip here and this is talking further about why this works for PayPal versus other stablecoins. Listen in. How many more stablecoins do we need? First of all, it's obviously the access to our two -sided network. The second one, where I think that we help, is fiat connectivity. The ability to move quickly, to acquire PYUSD quickly from your PayPal balance and pay with your bank account or with your debit card or when you want to sell it and take it out, be able to do it seamlessly. And last but not least, obviously the regulatory and compliance angle. As we said, we have been in this business for 20, 25 years. All right. So I think he's hitting on the point that you've got almost 500 million users. Average balance, we showed this the other day in the PayPal video, average balance around $450 to $500 per user on average. When you think about that and how much money could go into a yield -bearing stablecoin, that's pretty significant. In fact, it would be significant enough that it could move the market in a very, very big way. So I think this all is pointing to one direction. Who wins this on the backside? Obviously, we've seen ERC -20 being the core and kind of the backbone of most stablecoins, and obviously that is the case with PayPal as well. But I'd love to kind of get you guys' thought. If we had to choose, whether it's Tether, USDC, a PayPal stablecoin, and I know we have people watching us from 165 countries plus, what would you choose? Would you choose Tether, USDC, PayPal? What would you go with? Listen to this clip. See what he had to say about that. PayPal, it's bigger than Tether. So you could hypothetically outmarket them. Is that the goal here, to eclipse Tether both in terms of market cap and mass use? As of last weekend, I think there were about $120 billion in stablecoin. We don't think that's where it stops. We expect that one of the things that this will do is to increase the pie and increase the move towards stablecoins. All right. So, you know, yes, that's what he means. They're going after Tether. That's what this is. You have half a billion people on this around the world. Tether is a much more global stablecoin. And I think it has the most to lose against PayPal if PayPal is successful. This doesn't automatically, and it's not an automatic slam dunk for PayPal because there's a lot here. The other thing that plays into this, and if you think about the future of how, you know, just normal people out there that are transacting in small amounts, what is it that is being used the most? If you think about Venmo or even Zelle, to a certain extent, we know the problem with Zelle. Venmo has some benefits. PayPal obviously owns Venmo, and there's a great tie in here. This clip kind of explains how Venmo could be integrated in. So listen into this one. You mentioned in the press release yesterday an imminent Venmo integration. What would that look like? You will be able to send dollar denominated value from a Venmo account to a PayPal account. That's something that is one of the most requested features from our Venmo users. They want to be able to send not only to friends on Venmo, but also to friends on PayPal. And importantly, it would also allow PayPal merchants to be able to receive value from Venmo users. And it opens a base of millions of additional customers for them. If you think of PayPal and Venmo as networks that have been sister networks, but kind of separate, what we are doing with this is we are building a bridge between those two networks. And if you do believe that the value of a network increases with the number of members of those networks, now you are adding all of a sudden tens of millions of users that you can send to, that you can receive to, and millions of merchants where you can pay. So in terms of the network effects and the network economics and that flywheel of adding utility for a Venmo user, it allows you to very quickly be able to expand the base of friends, family, merchants that you can interact with the comfort of the Venmo account and the Venmo brand that you're used to. Yeah. And I think with Venmo, you've got, of course, another 70, 80 million in use. And the advantage there, of course, is just simplicity. And the key here with any kind of stablecoin is how easy is it to access? Right now, if you want to get to the USDC, most likely you're going to have to go through a Coinbase or other exchanges out there. This making it a simple process with an app you already have in your phone today already set up, whether it's PayPal or a Venmo, this starts to open up the, I think, the gate, the floodgates for where all of this is going to be going. And when you think about that, there's a couple other companies that are starting to maybe kick the tires. Microsoft and Aptos Labs teaming up on some new AI tools, and you'll recognize this a little bit. Remember Aptos Lab, they were the developer of the Layer 1 blockchain started by Facebook. And this was, of course, the company that scrapped Diem. Now, remember Diem was one of, formerly Libra, it was one of the initial stablecoin ideas from a entity. So much like what is happening with PayPal, Facebook had attempted a different kind of scenario and why it failed makes sense because it wasn't necessarily a money services thing. So anyway, Aptos, of course, surged on this about 15%. So it's up. Right now, Wednesday, the press release was pretty straightforward, leveraging Microsoft's infrastructure now to deploy some new offerings basically with AI and blockchain tech. This will also include their new chatbot, which is Aptos Assistant, which will answer questions about the ecosystem, all that good stuff. AI and blockchain tech are quickly converging. This is something I have talked about for quite some time. You have two major technologies starting to merge together, and that, of course, is AI and blockchain. I want to go to this clip right here also, which gets into how gaming will play into this, especially from Apple. Listen in. You mentioned that stablecoin being used for payments in online games and other Web3 apps. Is Web3 gaming a meaningful part of your business that you're planning for? If you think about mainstream games, mobile games, games that you would play in your console, that economy is about $100 billion in digital goods that get transacted today. And if you are a developer who are selling digital goods in any of these platforms with the current payment infrastructure, it can take you up to 15 days to receive your proceeds. That's where those advantages for micropayments, for streaming payments, for things like accelerated settlement can be applicable in the whole gaming ecosystem way beyond the early stage Web3 games that are available today. This is an ERC20 token. It is deployed on the Ethereum network, so it's very easy for mainstream exchanges and support it.
Mike Gallagher Podcast
A highlight from No Interruptions Podcast - Which Political Party Wins Over Young Voters?
"Welcome to this week's No Interruptions podcast where, again, the only rule is no interrupting allowed, unlike what we normally do, interrupting, cross -talking, shouting, screaming, pull out our hair, weeping and gnashing of teeth. Both of our guests get a chance to present their side, their perspective, their argument without any interrupting whatsoever. On one side of this conversation today about which political party is doing a better job connecting and wooing and winning over young voters, Terry Schilling is president of the American Principles Project. He's responsible for developing, coordinating and implementing their strategy, messaging and grassroots activity at the state level. He's worked in communications development grassroots for people like Representative Chris Smith from New Jersey, Senator Sam Brownback, and even managed his dad's race for Congress in Illinois. He led the Bobby Schilling for Congress campaign to a 10 -point victory. And Jake Poling is a field rep for Turning Point USA, one of our favorite organizations in America. Turning Point, of course, our friend and colleague, Charlie Kirk, founded. Jake attends all the Turning Point USA events all over America, is heavily involved in getting young voters engaged in politics, and even hosts his own podcast called The New Right Podcast. So gentlemen, let's get started. Terry, I want to start with you. Do you accept sort of the conventional wisdom that of the two political parties, it's the Democrats who do a better job of connecting with young voters? I think that there are, I think that's exactly right. I think that Democrats are doing, having the most success in attracting young voters. And it's because there are three primary factors that have a major impact on your political party preferences. And those three, three, three factors are church attendance. Do you go to church on a semi or somewhat regular basis? Second is marriage. Are you married? Do you plan to get married sooner or later? And then three is children. Do you have children? Do you want children? Do you have children at home right now? How many children? Those three things, if you're more likely to go to church on Sunday on a regular basis, you are going to be much more likely to be a Republican. If you're married, you're much more likely to be a Republican. If you have children, you're much more likely to be a Republican. If you want those three things, you're much more likely to be a Republican. But the trend lines with Gen Z and even millennials before them are not promising. Every in generation America is less religious than the one prior to it. These are what the trends are. Marriage rates have fallen through the floor. We don't have a divorce problem so much as people aren't getting married anymore problem. And then also on top of that, if that all wasn't enough for bad trend lines for the Republican Party, people aren't having children anymore. The birth rate is below replacement levels, which means that Americans aren't even having enough children to replace themselves after they go, which means that we're dying. So I think that how things stand right now, Democrats are the party of destruction. They are destroying things and they take advantage of all of these decaying institutions and things that we're suffering from. So I do think that Democrats are doing a much better job at bringing in Gen Z and younger generations. You know, Jake, I think it's fair to believe that all three of us sort of sing from the same playbook here, the same manual. We're Republicans. We lean right anyway. And clearly there's been deep concern on the part of longtime Republicans like me that we're not doing enough to win over young people. Then, of course, comes a long turning point, USA. I mean, I think the very existence of this organization that you're a part of gives a lot of us hope and inspiration. But react to Terry's very eloquent stating of three big factors which tend to favor Democrats connecting with young voters rather than Republicans. Yeah, no, I definitely do see where he's coming from with that and I'm not necessarily going to say I disagree with those specific points. One thing that I've noticed is that people in working with young people on a daily basis coming out of college and high school, I grew up actually a little more on the left than I came out of high school and college, which is crazy. Usually it's the other way around. I've been given so many great opportunities to to be on the front lines with young people every day, seeing what problems they actually are facing on school campuses and just in the everyday world right now. What he said is not wrong, but I do believe that Gen Z and millennials are trending, especially Gen Z, conservative. They're tired of the progressivism that is being pushed to them in their schools by adults that have no idea the way that they live their lives, what they believe. They're being told what to believe without having any moral, they have morals and they're hearing this from people who don't have a moral backbone. One thing that I do want to reiterate with that before I kind of go on too much of a tangent here, there is the, if you guys saw, I'm sure you did the University of Michigan study that came out, how boys in their junior, senior high school are nearly twice as likely to identify as conservatives compared to those who identify as liberal. That's huge and that comes from organizations like Turning Point that are, you know, on the front lines helping young people get involved in politics and giving them a voice. I feel like a lot of young people are afraid to speak out on their actual opinions due to fear of backlash. And we're finally at a point where the Republican Party is pushing and doing a good job, something they should have been doing a long time ago, pushing optimism and aspiration and the American dream and that's something that we haven't done a very good job of really for a long time, especially when I was in middle school and high school when I grew up under Barack Obama's administration, which was a complete disaster. And then one last thing I'd like to add, local GOP groups working at the city level or at the county level, they're doing a much better job than they used to and trying to bring in young people to the movement. We did not focus enough on young people back in the mid -2010s. Right now, we're a little late to the party, but we are really, really doing a nice job now at working together at Turning Point, local GOPs and other like -minded organizations to get young people excited about being an American citizen. It's okay to love America and I think young people are starting to believe that too. You know, I don't want to turn this whole conversation today on our No Interruptions podcast into a conversation about Turning Point USA, but I must say, Terry, that it's so impressive to see the work that they've done and the real, real powerful movement it has become. And I just wonder, do you know of anything on the left or do the Democrats have anything comparable to Turning Point USA? Certainly, they have college professors and wacky far -left activists and every kooky ideologue under the sun from Hollywood to academia and in between, but I don't know of any group on the left that's comparable to thousands and thousands of high school and college kids that are mobilized the way Turning Point is. Do you know of anybody, any such group? I don't know of any non -governmental organizations that are like that, but I think that if I were to compare what Turning Point has built and actually why Turning Point is so incredibly important is that what has happened in our country is that the progressives have taken over our K through 12 education system. So while Turning Point is doing phenomenal work, and I wish Turning Point was not just a billion -dollar -a -year organization, let's say we're a trillion -dollar -a -year organization so that they could compete with the public education system. It's quite unfair, but what we need to do really is, I'm not a fan of privatizing education as the only solution. I think we need to retake the education system. I think that Charlie Kirk, as head of the Department of Education, would be a phenomenal system and would actually allow us to start fixing the history curriculum, sort of fixing the lack of education, sort of fixing the lack of math and reading programs, but unfortunately, we are fighting from the outside while the progressives own the institutions that we are now trying to take over. To give the progressives credit, they fought this 100 -year, century -long march to take over all of our institutions, and they basically completed it all the way up until the Department of Defense, which we're seeing more and more about their woke programs that they have. That's Terry Shilling, who's the president of the American Principles Project. Jake Poling is a field representative for Turning Point USA. Jake, let's talk about going forward, and I want to be about answers here rather than complaining about the deficiency that Republicans are perceived to have with young people. How does it get better for the Republican Party? How do we win more young people over to our side? Absolutely. Well, for one, we just have to relate better. One thing that the Republican Party, and we all can admit, for a long time, we have not been able to relate to young people as well as the people on the top tab in a long time. One thing that I hate to give credit, but credit where it's due, in 2008, 2012, when Obama won both of those elections, he used grassroots. He used getting young people involved in politics to win his elections. He won his election based on the grassroots and young people. And then when it comes to the more recent elections that just happened with Trump and Biden, those elections, young people came out in numbers, apparently, for Joe Biden that we've never seen before. And we have to create this new wave now of the American youth to really hone in on our pro -American values, where we go from here. So it's really just engaging with these students and with these young people in high schools and in high school and in college, coaching them on speaking up for what they believe in, giving them the chance to, you know, if something goes on in their school or at their college, speak at their local school board meeting or Board of Education meetings, let them know what's going on in schools, give them that platform, you know, encourage them to vote when they can or register to vote when they can and speak about that to their to their peers. Hosting impactful events is another thing that students can do. It does not take money to do anything like that. I mean, it doesn't take much to go to your school and say, hey, what can we do? Maybe we can bring in the local police chief to come in and speak on the good work that they're doing, bring people that are like minded, that they can come in and get people excited to to push the agenda that we want, the the the nuclear family, the pro -American values, the pro -constitution values, capitalist values to more young people. And I think more young people will will fall in line with that when they realize that. I think at the end of the day, one thing that I've heard growing up and I didn't really understand it until now, when you grow up, it's a quote that I love, when you go up, you want to be a Republican. And that has a whole lot of meaning behind such a small statement that I really live by that. And I firmly believe it. It's MyPillow's 20 year anniversary with over 80 million MyPillow's sold, Mike Lindell at MyPillow wants to thank you by giving you the lowest price in history on their MyPillow's. Check this price out. You'll get a queen size MyPillow for $19 .98. The regular price is $69 .98, just 10 more for a king size. This is the Giza Elegance MyPillow. You'll get deep discounts on all the MyPillow products. When you go to MyPillow .com, look for the Mike Gallagher Radio Specials square, click on that box. You'll see huge discounts on sheets, mattress toppers, pet beds, my slippers. When you enter the promo code, Mike G, don't forget to enter the promo code Mike G. So go to MyPillow .com, click on the Mike Gallagher Radio Specials box and be sure to enter the promo code Mike G with anything you order. So you'll get this amazing offer on the queen size MyPillow for $19 .98 or you can give them a call, 800 -928 -6034, 800 -928 -6034. This tremendous offer comes with a 10 year warranty and a 60 day money back guarantee. Time to start getting the quality sleep you deserve. Go to MyPillow .com, find that Mike Gallagher Radio Specials square, click on the box and with anything you order enter the promo code Mike G, MyPillow .com, promo code Mike G, or call 800 -928 -6034, 800 -928 -6034, like we love to sing. For the best night's sleep in the whole wide world, visit MyPillow .com. Promo code Mike G.
The Hair Radio Show with Kerry Hines
Hair Loss 101 With Dr. Linda Amerson and Darlene Alexander
"Carrie Hines and today's topic is on the subject of hair loss and we'd like to welcome to HairRadio. Dr. Linda Amerson, doctor welcome to Hair Radio. Thank you so much Mr. Hines for having me today. Well we're glad that you're here. Now along with myself you also we have a special treat Dr. Darlene Alexander who is the vice president of Heavenly Essence Inc. Now they're the creators of Purity hair care products is on the line as well and she'll be hosting with us so a special treat for us and the listeners of Hair Radio. Darlene welcome to Hair Radio. Oh thank you Carrie for having me here today. I really appreciate it. Well listen we want to jump on in to this very, very big subject and I guess the first thing that we probably want to do is to tell everyone hair loss is so vast and there's so many different parts to it but if we must break it down and start at the beginning and Darlene you can certainly jump on in but I'm thinking that Dr. Amerson maybe it would be a good idea for you to tell everyone about or what exactly is alopecia and the general topic of hair loss. Okay absolutely alopecia is the medical term for hair loss and it is a very broad umbrella for several different categories of alopecia and many consumers do not realize that and sometimes that is not always conveyed in a very layman's term to them that just because one person has one category the other person may have something totally different or a combination of different types of alopecia. So what I do in my practice I am a doctor of trichology which means I have furthered my education and my level is directly below dermatology and right above cosmetology and barber styling. So I actually get to the root of the problem by incorporating microscopes to give an accurate diagnosis. I look at internal factors as well as external factors which is very, very important to have a regrowth possible at all. Now would you tell us a little bit on what some of those internal factors might be? Some of the internal factors may include nutrition. Now nutrition is a very, very important factor. Other factors could be mechanical such as the type of heat appliances that a person uses, whether it's the flat iron or the curling iron or the waving iron, et cetera. These are also contributors to some of the scalp damage and hair damage that I see on a daily basis. Now how much of this, just to kind of go back a little bit Dr. Amerson, how much of this would you say is a real problem? Like say for the general public, do you have any idea how many people are actually suffering with hair loss just overall, just an idea? Yes, absolutely. The latest statistics is over 80 million Americans are affected with some form of alopecia. Wow. Yes. Wow. That is amazing. Now Dr. Amerson, when you said that you stated about the types of alopecia, now can a person also have two types of alopecia? Oh, absolutely. There can be multiple types of alopecia and scalp disorders that occurs simultaneously. Okay. For example, I've seen cases where they may have alopecia areata, they may have seborrhea dermatitis, they may have telogen effluvium, they may have inflammation of the scalp, erythema, paritis, as well as hair breakage.
The Eric Metaxas Show
A highlight from Brian Godawa
"Welcome to The Eric Mataxas Show. Did you ever see the movie The Blob starring Steve McQueen? The blood curdling threat of The Blob. Well, way back when, Eric had a small part in that film, but they had to cut his seed because The Blob was supposed to eat him. But he kept spitting him out. Oh, the whole thing was just a disaster. Anyway, here's the guy who's not always that easy to digest. Eric Mataxas. Hey there, folks, welcome to the program today. Two exciting guests, Brian Gadhawa and Kerry Gress. I want to remind you that we're doing a campaign with Food for the Poor. This is our fourth day of the campaign, and we need everybody to kind of step up. So I'm just going to harp on this because we really believe in what they do. Food for the Poor. They provide emergency relief supplies in our own hemisphere. Right. So pretty much every summer we do a campaign with Food for the Poor to give you an opportunity to give to Food for the Poor, because these are the poorest of the poor. These are people who can't feed their kids in countries like Haiti. And they need our help. And the thing that I want to say, the reason they're they're really pushing now is because hurricane season is coming up and Food for the Poor realizes that they want to be prepared before these tragedies happen, which they do inevitably every year in the Caribbean and Latin America. The hurricane season is so devastating, it disrupts food chains. And people literally can't feed their kids. People literally have no homes. And so this is going to happen and they want to be prepared. And so we're asking you to step up ASAP. You can go to Metaxas talk dot com. That's our radio website. Metaxas talk dot com. By the way, while you're there, we're still doing ask Metaxas. I've been away, as you know, for three weeks, but we're going to be doing that again and we want your questions so you can email them to us at Metaxas talk dot com. But while you're there, you'll see the banner emergency relief supplies. Food for the poor. We want you to click on that banner and give what you can. I just want to challenge you to think about what it would be like not to be able to feed your kids. There are people right now in in these countries that are in that situation already. And there will be many more as hurricane season hits in a few weeks. And we so we need your help now. Whatever you give, we appreciate it. Again, you can just go to Metaxas talk dot com. Some of you prefer to text. You can do it on your phone right now. You can text the word Eric. That happens to be my name. You can text it to nine one nine nine nine. Just text Eric to nine one nine nine nine. And I say this to everybody. It doesn't matter what you give. You can give anything you can give ten dollars. Please participate with us. This is an annual campaign we do every summer for food for the poor. They depend on your help. That's that's why they come to us on this program, because they depend on your help. Now, some of you can be dramatically generous. Whatever you give up, you know, I'll throw this out there. Four thousand nine hundred dollars. Enables food for the poor to build a home. For those people who have lost their homes. Right. So any multiple of that or any any fraction of that, you know, forty nine dollars, four hundred ninety dollars. Get together with your friends. But but every four thousand nine hundred dollars, food for the poor can build a home for people who have lost their homes and they are going to lose their homes. This is as I say, this is happening for a gift of one hundred dollars that provides an emergency kit that includes a tarp. Imagine what these folks are going through, that they need a tarp, first aid supplies, blankets. So I just want to encourage you again, go to go to Metaxas talk dot com. Please do this today, folks, please. Metaxas talk dot com. If you prefer to do it on your phone, just text the word Eric to nine one nine nine nine. Again, text the word Eric to nine one nine nine nine. The link will come right up. Text Eric to nine one nine nine nine. Or if you prefer, if you're old school and you want to call, the number is eight four four eight six three hope eight four four eight six three hope eight four four eight six three hope there are hungry kids and there will be more hungry kids in in these countries, Haiti, Guatemala, Honduras and many other countries throughout the Caribbean and Latin America. And this is what we do. Those of us who believe in giving back, we give when we can. As we can. Some of you I know can't give a lot, but you can give something and you believe in giving. I want to recommend food for the poor as an extraordinary place to give because we can trust them. We've worked with them over the years and this this money gets to the right places and these kids get fed, houses get built. They are an openly Christian organization against food for the poor. The phone number is. Eight four four eight six three hope again eight four four eight six three hope you can text Eric to nine one nine nine nine again. You can just text the word Eric to nine one nine nine nine, or you can go to Metaxas talk .com. You'll see the banner right at the top emergency relief supplies food for the poor while you're at Metaxas talk .com. If you want to email us a question because we're going to reboot ask Metaxas, we would love that if you would and just to jump in here. We actually did get a listener email from a Miss Ferdy who ended up watching the Czech film or was it Polish from I can't remember you're kidding. You're kidding. She watched it at your recommendation and said, you're right. Something different was a good movie and the one that followed was good. Also, that's hilarious. That's that. I got back from Europe. I was saying the other day I got back from Europe. I was a zombie. I woke up at 2 30 a .m. Because of the, you know, the jet lag, you're going to sleep early waking up late and I watched Czech cinema circa 1963 and it was a great film. So we love it. We thank you, Chris. Yeah, you're starting a movement now. I love it. When people email us at Metaxas talk .com and just that is so funny. That is so funny. Thank you. I we love we love your emails. I got another email. Actually, let me read this. Somebody just writes to us. She writes for my senior home school daughter. I am dissecting your book. If you can keep it some of you know, I wrote a book about America called if you can keep it I'm foraging supplements and resources including the Paul Revere home cut and assemble. It's a paper. I write about it in my book if you can keep it that I made a tiny paper model of Paul Revere's home up in Boston. She says I'm doing all this to coordinate with each chapter pulling all together for the last history curriculum and class. I'll offer in my 23 years of homeschooling. God bless these people. We're going to be talking to Sam Sorbo about homeschooling in our to today. She writes to celebrate my homeschooling graduation and her high school graduation 2024. Our family will do the Freedom Trail and Paul Revere's ride. Thank you, Eric. You captured the anchors of the America promise and our hope is to remind our daughter of every one of them before she goes to the sieve of college. So that's Leslie writing to us. I won't use her last name. Thank you Leslie for writing. So folks, please go to Metaxas talk .com write to us anything you like if you've got a question from ask Metaxas most importantly, we need you to go and click on the emergency relief supplies banner for food for the poor. We really do need your help. Please do that or you can call 844 863. Hope 844 863. Hope will be right back with Brian Godawa folks. Don't go away on my pillows 20 -year anniversary with over 80 million. My pillow sold Mike Lindell with my pillow wants to thank you by giving you the lowest price in history on their my pillows. You'll receive a queen -sized my pillow for 1998 regular prices $69 .98 and just $10 more for a king -sized with a special anniversary offer. You'll also receive deep discounts on all my pillow products such as their bed sheets mattress toppers pet beds mattresses my slippers and so much more. This is the time to try out some of their other amazing products. You've had your eye on for some time. Now go to my pillow .com and click on the radio podcast Square and use promo code Eric to receive this amazing offer on the queen -sized my pillow for 1998 or call 800 9 7 8 3 0 5 7 now 800 9 7 8 3 0 5 7 this offer comes with a 10 -year warranty in a 60 -day money -back guarantee. It's time to start getting the quality sleep. You deserve go to my pillow .com and use promo code Eric or call 800 9 7 8 3 0 5 7 today. We're doing a campaign for food for the poor people who listen to this program know that we partner with food for the poor. They are total heroes food for the poor steps up because there is always there are always hurricanes flooding other natural disasters at this time of year. So because of poverty or collapse infrastructure in a lot of these countries, by the way in case you didn't know America is an amazing country. These other countries do not have a lot of infrastructure. So we need to step up those of us who have the ability to step up. I want to encourage you to go to Metaxas talk .com and give what you can. Let's get a good start. Go to Metaxas talk .com do what you can or just text Eric to 9 1 9 9 9, please do this text Eric to 9 1 9 9 9 or phone 8 4 4 8 6 3 hope 8 4 4 8 6 3 hope 8 4 4 8 6 3 hope I'd like to tell you about a stunning new movie called the hiding place. The hiding place takes you on a journey back to World War 2 as the boots of the Third Reich echoed through Europe one family chose to resist in this incredible true story loved by millions Corey 10 boom and her family risk everything to hide hundreds of Jewish refugees from Nazi invaders and they ultimately face the consequences when they are discovered the hiding place is an inspiring story of faith. Hope love and forgiveness in the face of unthinkable evil written for the stage film for the big screen Broadway world calls the hiding place stunning powerful and deeply moving. Don't miss this story of a brave woman who impacted generations. This global cinema event opens in theaters only August 3rd show times are selling out fast get your tickets now online at the hiding place film .com. That's the hiding place film .com get your tickets now online at the hiding place film .com. That's the hiding place film .com. Check it out.
The Crypto Conversation
A highlight from Swell - A Voyage Into Liquid Staking
"Hi everyone, Andy Pickering here, I'm your host and welcome to the Crypto Conversation, a Brave New Coin podcast where we talk to the people building the future in the Bitcoin, Blockchain and Cryptocurrency space. Hey folks, we have a new sponsor here at the Crypto Conversation. Today's episode is brought to you by Coinsbee .com, the go -to platform for spending your crypto. With the biggest selection of brands across all gift card platforms and live in over 185 countries, Coinsbee supports the most relevant local brands for your everyday needs. They support more than 200 cryptocurrencies and offer a vast product range from gift cards, game points to mobile phone top -ups. Can't find what you're looking for? No worries, Coinsbee also offers Visa and Mastercard prepaid cards. So just go to coinsbee .com and turn your digital assets into real -world possibilities. And now it is on with the show. My guest today is Daniel Dizon. Daniel is the founder and CEO at Swell Labs. Swell Labs is a major contributor to the Swell protocol DAO and ecosystem. Of course, Swell is a non -custodial ETH liquid -stating protocol that helps you optimize your yield in DeFi. Welcome to the show, Daniel. Thanks for having me Andy, it's a pleasure to be here. Pleasure to have you here, Daniel. Let's do what we do at the beginning of the show. Could you please introduce yourself? Some people will know who you are, but some people won't. So yeah, for those that don't, please just give us some of your backstory, what you've been doing in the lead up to creating Swell Labs. Yeah, thanks so much. So my name is Daniel, I'm the founder of Swell, as well as a non -custodial liquid Ethereum staking protocol. My background has been a mix of finance, technology and innovation. Prior to founding Swell, I was a corporate advisor to various clients on blockchain, digital assets and portfolio management. And also was a Web2 entrepreneur. So co -founded, scaled and exited a traditional SaaS business, and then have always been sort of interested and passionate about crypto, in particular DeFi, mainly from a philosophical standpoint, and then saw an opportunity in early 2022, sort of late 2021, to contribute to the ecosystem by building out Swell, which is a different staking protocol, and saw not only the commercial opportunity, but more importantly, the sort of importance at a systemic level to ensure a healthy, diversified and decentralized liquid staking protocol. And here we are today. Sure, sure. And so you can very much understand with the merge Ethereum's move to proof of stake, certainly an opportunity for, I guess, entrepreneurs such as yourself to spin up various variations on the liquid staking protocols. That's exactly what has happened. So we can talk about that. I'm interested in though, Daniel, you said that you're really interested in the wonderful world of DeFi, particularly from a philosophical point of view. So I think we can get a sense of what that means, but love you to flesh that out. And yeah, let's put some color on the tree. Yeah, absolutely. So it's really a confluence of sort of the psychopunk philosophy, as well as economics, particularly on Austrian economics, and these ideas that have Hayek, Rothbard, Mises, in regards to things like competitive currencies, things like stateless currencies and that sort of thing. And then, like most people, you delve into Bitcoin first, and then you move into Ethereum, and then you see all the innovation that's happening on Ethereum, the programmability of it, and ecosystem of builders, and that sort of thing, and the capital flow to the system, and then try to remain true to those original crypto values, which express themselves with things like self -sovereignty, privacy, autonomy, and sort of self -custody, censorship resistance, all these sorts of things. And then the sort of expression of that is through building up whatever layer of the stack that you want to build on. And in particular with Ethereum as the base layer for, effectively, the future of finance, i .e. decentralized finance, i .e. DeFi, I thought there was an opportunity to help contribute to that wider architecture being built out, and the primitive that I chose was on liquid staking. That's now the biggest category in DeFi at the moment, and powers a lot of the other categories, like lending and borrowing, DEXs, and that sort of thing. Yeah, very much so. And look, just for anyone that doesn't understand what liquid staking is and the importance of it to the current state of the Ethereum network, do you want to just give us kind of a quick high -level summary of what that is and how it works? Yeah, sure thing. So at a principles level, staking is a way to secure the network. So Ethereum moved to a fully POS system in September of last year with the merge, and what that enabled was the consensus mechanism to merge between the existing blockchains that are running separately. But just at a simple level, what it is, it's a way to secure the network. And then in exchange for securing the network or putting your Ether at stake, you earn rewards. And the whole point of liquid staking is to do that in a way where you can earn rewards, but also get the advantage of rehypothecating that collateral, using it again. So in traditional vanilla or i .e. liquid staking, in liquid staking, you have to choose like, do I want to use my ETH to earn staking rewards or do I want to use it in DeFi, like to use S collateral or something like that? That was before liquid staking, that was the trade -off, but now you can do both. So what happens is people will liquid stake and then they'll receive an LST in return to like a receipt token. They'll earn rewards, but they can also use that again in DeFi, whether that's to provide liquidity or to collateralize a stablecoin or something like that. The other advantage as well of liquid staking is that it abstracts away all the complexity of sort of spinning up your own validator and managing that as well. So it reduces the technical hurdles and there's some financial hurdles as well that it sort of abstracts away. So it's really, really easy for the user and should be a net benefit to the Ethereum ecosystem because the more that's staked, the higher the sort of economic security is for Ethereum because it's more sort of costly to attack and that sort of thing. That's right. Of course, one of the crucial aspects that you alluded to there, Daniel, is for someone to spin up a node, you need 32 ETH, right? And 32 ETH is not that much ETH, but in certain parts of the world, it actually is a lot of ETH. And that does very, very much price a lot of people out of being able to, well, stake their ETH, which is not cool and not really congruent with the principles of crypto. So of course, the Swell network and some of these other protocols also enable just average everyday users who might not have a big bag of ETH. It means that they can stake their ETH as well and participate in those same rewards, right? Yeah, that's exactly right. Tell us then, Daniel, like I was looking at Swell and I know there's one of the big platforms as Lido that people will be aware of. Then there's some others like Swell that are just also reasonably big. Love to understand, I suppose, the scale of whatever numbers you want to use in terms of how many people are staking ETH via Swell, how much ETH is being staked, and you call them voyages, I think. So maybe we can talk through some numbers and then we can tell the Voyager story. Yeah, absolutely. So Ethereum staking overall is still in the relatively earlier nascent stage. There's about 20 % of all ETH staked at the moment. And if you compare that against other sort of fully POS, more mature systems, it's hovering more towards sort of 50 to 80 % range. So we still have some multiples to go in terms of the ETH that's going to be staked. And a lot of that was catalyzed or de -risked in an upgrade called Japella, which happened in, I think, April of this year. So now you can do redemption, you can do withdrawals. I guess that's the first thing is that there's going to be more stake coming. The other thing is that, yes, there is a sort of a concentration of market share within the top players. A lot of that is just the nature of the actual vertical itself. It does tend towards these flywheels on flywheels sort of emergent phenomenon and Swell itself. So we have been live for a touch over about three months, I believe, and we're one of the fastest growing DeFi protocols and one of the largest recipients of new inflows. And we scaled up to nearly 45 ,000 ETH, which in today's terms is just north of 80 million USD. And so we've been able to add circa 3 ,000 ETH a week consistently and we expect that number to uptick as well. And part of the success of that was we had the opportunity to have a look at what worked in the market, what didn't work and why, and how we could build around that and also introduce our own sort of bits and pieces of innovation. And one of these bits and pieces of innovation was to drive a real community gamified approach to boost rapid liquidity. And so what we have done is create something called the Voyage, which is a way to incentivize and reward early adopters and early stakers into Swell protocol. And as a result, what happens is people who stake with Swell at our current stage will earn what's effectively like a points -based campaign or pearls, which is what we're calling it, and these pearl hunters or the people that are crewing pearls will then be able to effectively redeem Swell token in exchange for those pearls when we do our TGE and then instantiate the DAO more efficiently. And so that has been a success to date. Not only do we have sort of the 80 million FDB and continuing to grow, we also have 10 ,000 unique wallets. We just passed that milestone, I think, in the last 12 hours or so. And on top of that, we also have a ton of liquidity to back our TVL. And our utilization rates in DeFi, which is how many people will use Sweets just beyond holding it, is about 50%, which goes to show that we have a really quick and native audience behind us. And we're looking forward to just continuing the journey from there. And that's the Voyage and Swell. Yeah. And I mean, it's really interesting what is happening in DeFi. It's happening in crypto, certainly happening in metaverse NFT crypto spaces. But it's happening in just more traditional fintech apps, investing apps full stop as this gamification that you're talking about. And I guess part of it is just because the kind of people that are investing today, it's kind of millennials and younger as the always on, extremely online digital generation. And so they're using digital tools to conduct their investment activity, whether it's like in fintech or crypto or DeFi or NFTs or whatever it is. And I love the kind of the storytelling part of this as well. You know, collect pearls to become a citizen of the Swell Dow. I joined the Voyage. There's like some really cool imagery undersea, final destination, Swell City. And, you know, there's multiple chapters that can be unlocked. I'm sure you're kind of telling the story into the future, but it's just interesting to see, yeah, people really stretch their imaginations and you can only see this trend continuing, right, Daniel? Yeah, absolutely. And I think that's one of the awesome things about DeFi and crypto generally is that you can do these sort of wonderful experiments and, you know, create a real community around a particular idea. Yeah. I was fascinated also to see with Swell, you guys have some some pretty good backers or investors involved. Mark Cuban, Bankless Framework, Anthony Sesino. And yeah, it's some pretty big names there, Daniel. Yeah, I mean, I think it's yeah, I mean, we're very sort of fortunate to have the support that we do have from a lot of people that have been in the Ethereum ecosystem since its earliest days and have shown to be good actors within the ecosystem. And, you know, I think it's always it's always a challenge to start a DeFi protocol, but having sort of those sort of associations does help a lot. And yeah, we've been very sort of it would be very intentional as well about how we structured the support, because we want Swell to be a mainstay of DeFi and the real public good and utility for folks, not only for the Swell community, obviously, that's paramount, but also just for Ethereum and crypto more broadly. Yeah. What do you think happens into the future, Daniel, as potentially more and more Ethereum is staked? So you said that we're still very early in that staking journey. And obviously we are. I think you said that there are probably several orders of magnitude more Ethereum to be staked along the way. Of course, there'll be a narrative that builds them. They'll be just that much less, presumably Ethereum just sitting in exchanges available for purchase or trading. What kind of implications do you think that has for Ethereum going forward? Yeah, I think I think, again, we're in the early stages of staking. That sort of implies we're also in the earlier stages of Ethereum adoption. I think in terms of the Ethereum roadmap, a lot of it's sort of been the rest out with the merge and also with Chappella and also that's sort of coming with sharding accounts direction and all these sorts of things. But more concretely, in terms of what will happen in the future, I think what will happen is that we'll have more and more estate. There'll be more and more adoption and there'll be more and more complexity introduced at various layers of the stack. So even though in the state, that stake will then be replicated for users collateral and you have derivatives, you have synthetics. You have also technologies such as DBT coming through, technologies such as Iglea coming through, which will create this sort of daisy chain. And a good analogy is like DeFi speed running the evolution of TradFi, except it's just going to be on chain. And then so that sort of complexity primitive is coming. There'll be restaking LSTs, there'll be restake LST -backed stablecoins. There'll be all this sort of range of different and interesting things that those will sort of build out. And hopefully, we see product market fit and capitalism will do its thing. And then hopefully, we see more of a conference as well between sort of TradFi, DeFi and CFi. And we do it in a way that sort of learns from the lessons that we had with sort of the mid 2022 onwards implosion of a couple of things. But notwithstanding, DeFi continued to stay despite all that. So I just think there'll be just more complexity, more stake and more users.
Dennis Prager Podcasts
A highlight from Bring It Down
"Dennis Prager here. Thanks for listening to the daily Dennis Prager podcast to hear the entire three hours of my radio show Commercial free every single day become a member of Prager topia You'll also get access to 15 years worth of archives as well as the daily show prep subscribe at Prager topia dot -com Hello, I'm Dennis Prager, I thank you for being with me I Am reading Christopher Rufo's book the cultural revolution in the United States and It's truly a significant book because it gives you the history of how we got here if you read that book or if you listen to have listened to the show for decades and Not just Rufo and Prager others realize this But not enough people realize That the left wishes to destroy Western civilization if you read that book, it'll be documented for you What is being done is race is? the implement Marx wanted to bring down Western civilization a His war was in theory against capitalism, which is a Euphemism really for a Western civilization. What does it mean to bring down capitalism the means that the state will run the economy? Do you understand how a that doesn't work and be it always leads to violence and see? It will be the economic ruin of the society wealth is created by capitalism by capital to be precise But if what race is is the way in which it is all being torn down Marx used This is how I got to Marx Marx used class The contemporary left uses race His vehicle was the proletariat and The left's vehicle today is the non -white The non -christian of the non -white The non male We're living through a very very perilous time and liberals continue to vote as if everything is normal and Republicans are the enemy no matter what the left does liberals keep voting left Liberals are the problem because they are the ones who put the left in power And How did they do that how does the liberal vote for people who believe in black dormitories and black graduation exercises and in Encouraging eight -year -olds to change their sex and to give them life -changing Hormone blockers and then even by 18 to do Horrifically surgeries grotesque on genitalia and in the case of girls breasts How do they out of they vote for these people and the answer is they don't know they don't want to know and If they are ever told Because I know such people if they are ever told they say oh, it's ridiculous. Not that it didn't happen It's just ridiculous because it's they acknowledge that's ridiculous As if saying that's ridiculous gives them some Green light to continue voting. That's what it does. That's ridiculous is An acknowledgement that it certainly is ridiculous. I mean I'm 18 year old girl What is the age that you can get a tattoo without parental permission? Do you know the age Sean? It is 18, right So there you go And seventh there is there are kids under 18 that have had their breasts removed The liberal is the week The week of the three take strength to be a conservative because you're hated I Give you examples of that in a moment and it takes strength and in a sense to be a leftist doesn't take as much strength, but You you fight your let's put it this way you fight Conservatives fight Leftists fight and liberals don't That's that's the tragedy of the time I Will read to you a segment from the book about what Portland schools teach their children From what grade they teach them that this is a despicable society I'm looking that up. I'll get it for you To call this society despicable Evil permanently racist. I mean you understand it's all made up The the enormity of the left -wing lie is unique I think in in history well not unique because Communists lied Like that But it's unique in free societies The Whole left world is built on the lie of America being racist the convoluted theories that result Every white is a racist that it doesn't matter how you treat non -whites. You're still a racist Can you give another example of it doesn't matter how you act you are still bad Can can any can you give me any example of that in life? Yes, you act beautifully, but you're evil I'm awaiting a possible response. I Can't think of any it's an astonishing thing because your moral assessment is is based on how you act That that is how we call people good that is how we call people bad the left doesn't do that You are bad not because of how you act but because of who you are and This is taught to your children at at vast numbers of schools in this country the sick perverse Pathologic psychopathologic evil doctrine It is the antithesis of morality it is it stands it on its head it is upside -down morality I've said this for years because you when I say it now you will remember hearing it from me It's not that the left's moral compass is broken. It doesn't have one That Isn't they don't think in moral terms They think in what destroys what we have terms it's It's true. It's as sick as it is evil You are not your moral character your moral Label is not determined by how you act but by your skin color a Black cannot be bad and a white cannot be good. I Don't know how long it has been in the West since people were not measured by their behavior One eight Prager seven seven six This This is the greatest threat to the United States because the United States is an idea the idea is that the individual is Of supreme importance the fact that America violated it with regard to Blacks is well known is a fact But it doesn't in any way negate the idea An idea that we have driven More than any other society to embrace You matter Only Matter and You're only you matter, but you are not your skin color I mean, that's such a morally elementary principle Your children are being taught to be bad By people with bad, I mean morally bad convoluted rash irrational ideas That they would have the chutzpah to say that religious people Have irrational beliefs, maybe one normative Jewish or Christian Catholic Mormon belief that is as irrational belief As the that all whites are racist We'll be back I'm Dennis Prager Get access to my show commercial free with on -demand listening anytime you want sign up now Gold dealers are a dime a dozen. They're everywhere what sets these companies apart and whom can you really trust? This is Dennis Prager for am fed coin and bullion my choice for buying precious metals when you buy precious metals It's imperative that you buy from a trustworthy and transparent dealer that protects your best interests So many companies use gimmicks to take advantage of inexperienced gold and silver buyers be cautious of brokers Offering free gold and silver or brokers that want to sell you overpriced collectible coins Claiming they appreciate more than gold and silver What about hidden commissions and huge markups Nick Grovitch and his team at am fed always have your back I trust this man's why I mentioned him by name Nick's been in this industry over 42 years and he's proud of providing transparency and fair pricing to build trusted Relationships if you're interested in buying or selling call Nick Grovitch and his team at am fed coin and bullion 800 2 2 1 7 6 9 4 American federal comm American federal comm And I I'm telling you the The things that I have learned reading this book I'd like to give you an idea of what kids in Portland Are are learning I Am looking it up because you have to hear this using the the words that they use In In Portland and and what the early age at which they begin it it's quite remarkable a Teacher a whistleblower teacher there noted At one anti -racism session this teacher was required to participate In a quote line of oppression exercise the trainers lined up a group of educators and shouted out various injustices Racism sexism homophobia, etc Then asked the teachers Who would suffer from these harms to step forward? The room was then divided into the oppressors and the oppressed with straight white men and women forced to reckon with their identity as oppressors The objective according to the teacher was to consolidate ideological power and intimidate white teachers into submission Through collective guilt and fear of being labeled racists That's right Imagine that This actually was done in the United States of America. I read about these things when I studied communism my field of study and How common that was that was the Cultural Revolution in China and That's why the title of this book is the American Cultural Revolution What they would do is line up People in streets and start screaming at them Capitalist Roadrunner imperialist or whatever because they Let's say they weren't a an urban proletariat worker It was the teachers that they picked on a great deal the anti -racism program was the battering ram But the ultimate goal according to the teacher that is the teacher who whistle blew Dismantling of Western culture, that's right. That's what it is The beneficiaries of the greatest culture in history wish to dismantle it If you ever doubt the question of human nature, is it basically good or not basically good The American left is as good a proof as any That it is not basically good How do people Living in what perhaps the finest society ever made for the vast majority of its inhabitants How do they wish to destroy it? The dismantling of Western culture and the ushering in of a new left -wing utopia I have no doubt that that's exactly what they want. The teacher said and Dismantling means just picking it apart until there's nothing to hold it up anymore and Then they can replace it Today the ideology of Anti -racism has permeated every department in the district talking about Portland, Oregon Even the educators in the English as a second language program Have begun teaching the principles of critical pedagogy to immigrants and refugees According to internal documents ESL English second language teachers are told to develop counter stories to the dominant American culture and focus their instruction on advocacy for racial equity for multilingual emergent bilingual students As part of the curriculum they are asked to teach immigrants that quote racism in the USA is pervasive and Operates like the air we breathe and civil rights gains for people of color should be interpreted with measured enthusiasm So do you realize that do you realize that in Portland, Oregon? People Who have come to the United States and Have found here a haven of tolerance opportunity affluence freedom Are told that they have moved to a hate -filled Racist place that hates them because so many of them are not white You that Imagine What do they think I wonder what these immigrants think She it's so nice here in Portland. I Don't I don't have to worry about anything I worried about back in El Salvador or back in Eritrea But really it hates me the country that took me in well Was woman to leave The Our Somalian friend these are These are in greats massive in greats What is amazing is that small a relatively percentage of Americans a Minority that's that's the best way to put it a minority of Americans understand what is happening And I know why something I've said all of my life evil is not dark Evil is so bright people cannot stare at it That's why they don't confront the left the Dennis Prager show on my pillows 20 -year anniversary with over 80 million My pillow sold Mike Lindell at my pillow Wants to thank each and every one of you by giving you the lowest price in history on their my pillows You'll receive a queen -size my pillow for 1998 regular price It's sixty nine ninety eight and just ten dollars more for a king size You'll receive deep discounts on all my pillow products such as bedsheets mattress toppers pet beds Mattresses my slippers and so much more.
Mike Gallagher Podcast
A highlight from The Mike and Mark Davis Daily Chat - 07/24/23
"People are really getting engaged in the culture wars with movies. I went to a movie, by the way, over the weekend, saw Mission Impossible last night. Was I right? Oh, wow. Isn't it just the greatest? That really wasn't two hours and 45 minutes long. No, it flew. It felt like a half hour. Yep, yep. But people are upset about the Barbie movie, because evidently Barbie's a feminist. People are upset about the new Snow White movie, because Snow White is Hispanic. We've got to pick the hill we want to die on. I don't want to start a Monday by infuriating people by saying we've got bigger fish to fry than Barbie, but we do have bigger fish to fry than Barbie. However, the culture is reflecting sort of a radical left -leaning ideology, where Americans are saying enough is enough is enough. That's why sound of freedom right now. AMC movie theaters, which is where I almost always go, there were accusations that AMC, the chain, was purposefully sabotaging sound of freedom by the air conditioning systems not working and digital. Mark, I've got reports of that all over the country. What do theaters want more than anything else? They want to make money. No theater wants a bunch of hacked off consumers in the lobby saying it's 85 in the theater. I tend to agree, but on the other hand, would you really find it crazy that they're trying to stifle a movie that is perceived as conservative? It isn't a conservative movie. Anti -child trafficking. Thank you. And it's well done. Well, so anyway, last night the CEO of AMC, because they're in a heap of trouble, they are on the verge of bankruptcy apparently. And I remember the movie theater, the guy that runs the chain based out of Dallas, once was, he gave us some assistance with our fallen officer fund years ago. And I forget the guy's name. Is it Leroy? The guy, is it Cinemark? Is Cinemark in Dallas? I don't know. I think the Cinemark movie theater chain is based in Dallas and the guy that runs it is there. And a great guy had a meeting with him and he's a real pro -America, good, good Texan. Is it Sean Gamble? They are based in Plano. Sean Gamble of Cinemark. Does that sound ring about? Well, and that's not who I met with. The guy was - How about Leroy Mitchell? Leroy Mitchell. That's who I met with. And he's a great guy. And Cinemark, but the biggie is AMC. Well, last night, the CEO of AMC sent out a tweet that said, we're in dire straits here. COVID, now the stupid strike. It really threatens to, and so they're going to have to sell more stock. And I don't know that whole world very well, a short sale, whatever they call it, and they're going to start to get more. They have to dilute really the stock value in order to stay afloat. In any event, the AMC chairman and president in sending out this notification called on the top movies of the year that are doing so well for them. And he mentioned Sound to Freedom. There you go. So that kind of validates what you're saying. Hey, they want to make money. They want butts in the seats. And apparently they have them because over the weekend, you're ready, Barbie and Unbelievable, 155 million, Oppenheimer, 80 million. In number three, Sound to Freedom. And listen, Mission Impossible has been out for a couple of weeks now. Sound to Freedom made more than Mission Impossible this weekend just gone by. 20 versus 19 million. How much? 20 million? 20 versus 19. And it just continues to rock. It's well past 100 million. It's crazy. And it's not just a movie, it's a cause, which has brought some disparagement. Because at the end of the movie, if you go to the end of the credits, there's Jim Caviezel saying, this is vital. Please go and bring somebody, pay it forward, pay so that maybe some people can see it who can't afford to see it, which I'm all about. And so the detractors and haters have said, well, a lot of people are just buying 47 tickets and maybe those are empty seats. A, I don't know. B, I doubt it. And C, I don't care because it shows a willingness to support the film as a commodity and it deserves to be supported. The radical leftists are so dumb, they think we can't figure out that the only reason you're pushing back against a child sex trafficking movie is because you don't like the actor. You don't like Jim Caviezel and you don't like Tim Ballard because these guys are hardcore conservatives. Incidentally, have you played the clip of Jason Aldean at his concert over the set? No, I know that he tweeted ahead and said, listen, people can criticize music, but this goes too far. It's baseless. It's dangerous. I'm writing a star telegram column about this specifically. I'm going to have to plug this in. What did he have to say? He said between songs, he said, it's been a long week and I've seen a lot of stuff. He says, I've seen a lot of stuff suggested on this, suggesting on that. As the large audience cheered loudly, Aldean said, what I am is a proud American. I love our country and I want to see it restored to what it once was before this bull blank started happening to us. I love my country. I love my family and I'll do anything to protect that. The crowd then exploded into an uproar of chants, yelling USA, USA. And who didn't know this was coming? First big record for him in 2005, Hicktown, a flyover country. The guys had all kinds of records that speak to bucolic America. So Sheryl Crow says, Hey, I'm from a small town. This is neither small town nor American. Well, Sheryl Crow's roots are in Kennett, Missouri, in the beautiful Missouri boot heel. Let's go there. Let's talk to the locals and see how many of those folks agree with Jason Aldean or how many think agree with her that he's promoting violence. And then this kills me. Jason Isbell, who's so good, such a brilliant performer and songwriter. Hey, hey, Jason Aldean, I got a challenge for you. Write a song by yourself because he didn't write a small town. Like a lot of other people, he sings songs largely written by others. So here's Jason Isbell mocking him. You want to be an artist? Be an artist. Write your own song. I'll wait. Well, maybe let's wait for Jason Isbell to realize there are some other people who largely perform the work done by others. Does he want to bag on Linda Ronstadt next? Maybe he'd like to go after those pretenders names. What are their names again? Oh, yes, Sinatra and Elvis. What a weird, baseless, sloppy attack. This is a total win. God bless Jason Aldean and God bless that wonderful, wonderful record. Try that in a small town. These folks are revealing who they truly are. They don't like the idea of people being able to protect themselves. They don't like the idea of somebody saying we take care of one another. And we got guns and we know how to use them. So that's what they don't like. And to you and me and to most normal Americans, that's a message that resonates. That's America. Sorry, we ain't the UK. We're not France. We are a Second Amendment believing country, but the left, the Sheryl Crowes, the Isbells, I guess those folks just hate that message. Meanwhile, we're looking closer to closer to 2024 to see who's going to get us out of the mess, who can get us out from Washington, DC. This Harris, I don't know if you saw this, Harris -Harvard poll came out. The Harvard -Harris poll, typically pretty reliable. It was released Friday. If the 2024 Republican presidential primary were held today, of course Trump would pretty substantially, 45 to 40%. Now there's 16 % undecided. I'm back and forth on whether Trump should appear in a couple of weeks at the first debate. I think he should. I've been saying it doesn't make any sense for him. You know why he needs to be there? Tell me your reason. I'll give you mine. Good. Let me start. If you believe any of this data, his likability factor is just below that of radio talk show hosts and used car salesmen. He's way down there, right there with Biden. Biden and Trump both have an unlikeability factor, but here's the bottom line. To normal people, Trump's likable. To normal people who aren't poisoned by their Trump hatred and their Trump derangement syndrome, when you see him in a setting like that, you do like him. And I think it's important he's going to have to get that number back up. He's going to start having to win over independence. And one way to do it is to have a solid performance of the debates. Now you go. You're 1000 % correct. Let's begin with the fact that Trump is right when he says, why do I even have to show up? Why should I be taking a tax from Asa Hutchinson and, you know, people who have 2 % of the polls. I don't even need to be there. Let everybody sort it out. And then somebody come after me. He's right about that. However, you are completely correct. There is a benefit to being there, to reminding people how great he can be in that venue, to maybe duke it out a little bit with DeSantis, see how that goes, see how other people engage him, the way they address him and engage him may simply solidify his front runner status. And finally, this is sort of in harmony with what you've said, any opportunity to be on a TV stage with millions of people watching and be likable, be skilled, be quick, be sharp is nothing but a good thing. It's all good. It's all really, really good. You know, I, you mentioned the funeral for Stu Epperson and there were a lot of movers and shakers, Stu Epperson, of course, the co -founder of the Salem Media Group, who passed away this week in Winston -Salem. And I went to the funeral on Friday and many thanks to Carl Jackson for filling in and doing a great job. And there were a lot of key broadcasters there and a lot of big time Republican operatives. I'm not going to mention any names, but I had a chance to talk to people in the green room and sort of, you know, as we were meeting the family and expressing our condolences. And it was a gathering of a lot of people who loved this man's magnificent life and what a life he led.
AP News Radio
Will dashboard AM radio be saved? Bipartisan bill would require automakers to keep it in new cars
"Can a.m. radio and cars be saved? Congressional lawmakers are pushing automakers to keep the first generation technology. I'm Wyatt grantham Phillips. New legislation on Capitol Hill is pushing to keep a.m. radio in the nation's cars. On Wednesday, a bipartisan group of lawmakers introduced the a.m. for every vehicle act. The measure requires automakers to keep a.m. radio in new cars at no additional cost. Supporters cite public safety reasons and a.m. radio's critical role in emergency response. Senator Edward Markey, one of the sponsors of the act, says automakers, including Tesla, BMW and Ford, have removed broadcast and radio from their electric vehicles. Critics of the bill say mandating a.m. radio is unnecessary, pointing to the integrated public alerts and warning system, which can distribute safety warnings across a.m., FM, Internet based and satellite radios, and over cellular networks. Data from the national association of broadcasters and Nielsen shows more than 80 million across the U.S., listen to a.m. radio every month. I grant them Phillips, New York.
The Dan Bongino Show
Liberals Aren't Willing to Pay $12 a Year to Fight Climate Change
"Americans especially in the liberal side and around the world take climate change so seriously they're not willing to pay $12 a year to fight it $12 Reminds me of a story I heard once about the there's a pool of money that comes in from voluntary tax payments Surprisingly enough it does happen People pay more in taxes If it does it happens And I read a story and if the numbers if you have some data on this send it my way because I read this about ten years ago but I'll assume it stayed relatively stable They said the record amount of money they got up to that time and voluntary tax payments I thought well liberals love higher taxes I figured Jim and again I'm not trying to be silly here I was studying up for a debate I figured the number was probably in the neighborhood of 20 $30 million You know a couple people probably died and left somebody happens I mean they're liberals They believe in government Again I'm not trying to be silly about it I figured the record number I saw was 12 12 million So you figure you've got about I don't know Let's say being generous you've got about 80 million liberals in the country maybe more If they left even a dollar extra to the government each you'd raise about 6 7 times as much as they raise it but they can't even do that So they love higher taxes And they fear climate change It's existential We got to uproot the country's entire economy and put us in a national security nightmare Yet you're not willing to pay a single dollar additional taxes Matter of fact in the United States tax avoidance is a national pastime Tax evasions are crime But tax avoidance is the national pastime even with Democrats And you're not even willing to pay a dollar a month to avoid climate change and the ten year existential crisis refine ourselves in Are you kidding me 47% of Americans don't want an electric vehicle They're not even willing to pay a dollar a month You must be kidding
The Dinesh D'Souza Podcast
Reports Suggest Trump Might Return to Twitter and Facebook
"Seems like Donald Trump may be returning both to Twitter and to Facebook. Now, I say it seems because Trump isn't back on Twitter yet. He's allowed to be back. Elon Musk is rescinded Trump's so called permanent ban. Now, Facebook hasn't done that yet. Facebook had a ban on Trump. Well, initially, I believe it was a permanent ban, but then Facebook submitted the case to its so called oversight board. It's kind of funny these platforms have these oversight boards and they act like they're completely independent. I don't believe they are. Whenever the oversight board changed Trump's status to a two year ban, but interestingly, the two year ban is up in January this month now. And so I've been advocating on this podcast and elsewhere for Trump to go back on Twitter. And my reason is really simple. Trump has 80 million followers on Twitter. This compares to something like somewhere between four and 5 million followers on true social. Now, if you're running for president, why would you forgo a massive platform like Twitter? Not to mention that Trump is perhaps the greatest tweeter of all time. Some people say, well, then that's your greatest tweeter. Well, I'm the greatest tweeter when Trump's not doing. But when Trump is tweeting, I kind of fall into second place. I have to concede. In any event, the point being, Trump should do it. And he might do it. He might do it as soon as today or tomorrow. Anytime soon, now there's an article, NBC News reporting. Donald Trump prepares for his return to Facebook and Twitter. Wow. Now what does this really mean? Well, evidently, the Trump campaign has formally petitioned. Both Facebook, what he doesn't need to petition Twitter. He's allowed back on Twitter. He just started tweeting. But he's petitioned Facebook to lift the man on his account.
Mark Levin
Justice Neil Gorsuch: Biden Admin Has Been Going 'Agency to Agency' to Enact Vaccine Mandate
"Noel Gorsuch justice Gorsuch at the oral argument cut 9 go Now you are you we should not consider the major questions doctrine unless and until we find a statutory ambiguity I understand that But let's say the court does find such an ambiguity I know you'll contest the premise but let's just work on it If there is an ambiguity why isn't this a major question that therefore belongs to the people's representatives of the states and in the halls of Congress Given that the statute at issue here is as the chief justice pointed out 50 years old doesn't address this question the rule effects I believe we're told 80 million people and the government reserves the right to extend it to every private business in the country Traditionally states have had the responsibility for overseeing vaccination mandates I rejected a challenge to one just the other day from New Mexico Congress has had a year to act on the question of vaccine mandates already As the chief justice points out it appears that the federal government is going agency by agency as a workaround to its inability to get Congress to act The risks imposed here are not unilateral There are risks to those who choose not to be vaccinated that they're trying to avoid sometimes as you discuss with justice Alito and conceded to him Traditionally osha has had rules that affect workplace hazards their unique to the workplace and don't involve hazards that affect individuals 24 hours a day No so what So what To policy decision don't you see It's a policy decision
Mark Levin
Joe Biden Does Not Get to Define Who Republicans Are
"Benny lecturers ask about what the Republican Party is or is not Cut 16 go Well some courageous men and women in the Republican Party are standing against it Trying to really courageous With the media at their back with the Democrat party at their back go ahead Well that party Too many others are transforming that party into something else They see how completely politicized this is Completely Now I had want to be the party The party of Lincoln Eisenhower Reagan the bushes All right let's stop The Democrats hated Lincoln Fact they assassinated him The Democrats hated Reagan Hated his guts They wanted to impeach him over Iran if they could have The bushes they blew off the old man as a joke and his son they said he was an illegitimate president So Biden throws out these Republican names Biden doesn't get to decide what the Republican Party will be and he doesn't get to decide who the Republican nominee will be As a matter of common sense and I'll say it whether people like it or not with arm under attack or not Everybody scratches their head frankly even in the media even in the Democrat party how the hell did this guy get 80 million votes From his basement
Mike Gallagher Podcast
Supreme Court to Hear Oral Arguments Over Vaccine Mandates on January 7
"Supreme Court yesterday agreed to take up disputes over the Biden administration's nationwide vaccine or testing COVID-19 mandate. This were large businesses, 100 or more, and a separate vaccine requirement for healthcare workers. The brief court order said that the court will hear oral arguments on January the 7th in two different cases. The court delayed action on an emergency request of both of these the plaintiffs were asking for an emergency ruling, the court denied that. And appeals court on Friday allowed the workplace mandate which covers about 80 million American workers to go into a fact prompting businesses and states and other business groups to ask the Supreme Court to block it. And the other case concerns whether the administration could require healthcare workers at facilities that treat federally funded Medicare and Medicaid patients to receive shots while litigation continues. So I guess we'll wait until after Christmas January 7th to see a resolution on this.
77WABC Radio
"80 million" Discussed on 77WABC Radio
"Of the three forward by now, counting the booster that he's got out there to deal with Covid. And he's not leaving it up to us. He's saying that this is the government insisting and requiring you to get your shot or lose your job. When he doesn't say that, but it's in the script. It's in the print. He has no way of making us take the shot. He's not going to tie people down. Inject them. He is saying to employers. You require your employees to get take the shot. And if they don't you fire them. The price is their jobs, their livelihoods, and it's about 80 million people that have not had their shot and he is literally going to endanger the jobs, the livelihoods, the homes, the families of 80 million of his own constituents who elected him and he's going to use that power to absolutely Destroy them if they don't get the shot. And the logic and the stupidity of what he's proposing was evident in the speech he gave last week he had the following line in that speech. We have to We have to protect the vaccinated from the unvaccinated. Got that. We have to protect the vaccinated from the unvaccinated testing. This moron realized that if you're vaccinated, your immune you don't need protection. You're fine. And if you're not, what's the point of making everyone get a shot? What's the point of throwing matter? Work if they don't if they shot is so unreliable, But the evidence is the shot is reliable. And that if you get it, you're not going to get covid. So no matter what an unvaccinated person does breathes on you spit on you Shares shares a slice of shares a sandwich with you. You're not going to get covid because he got a shot. So how does requiring someone who is not vaccinated to get a shot? Protect someone who is vaccinated. Who's had the shot? It doesn't happen. It's not real. It's not. Even vaguely correct. It's a logical impossibility. So he's running around the country, making sure that everybody gets a shop and, uh, the intrusiveness of that is unbelievable. What if you're pregnant? What if you are allergic? What if you are allergic to vaccines? What if you have another medical condition that should interfere with that? Uh, all kinds of stuff and the one size fits all demand that you have to get this shot or lose. Your job is unbelievable. It's a level of intrusiveness into a society that is completely un American. Completely Contrary to what we should be as a people Now listen. If everybody needed to be vaccinated for anybody to be safe, then I would want everybody to be required to be vaccinated, like with smallpox. But that isn't the case. The case is that if only a portion of us, uh, vaccinated first of all, the ones who aren't vaccinated have some protection. But secondly, it's up to them. They're not in danger. The ones who've been vaccinated and not endangered, They're safe. So you have you have an option? You will protect yourself or you don't. If you choose not to. It's not the government's business to make you do it. There were plenty of other diseases. We don't we don't we don't put people in jail and cost them their jobs, the smoking a cigarette and do we? We don't even do it for using hard drugs. Uh, we don't do it for overeating. We don't do it for all kinds of conduct that in dangerous people. Why are we saying that if you get that if you get this virus because you haven't had a shot, or if you haven't had a shot, we're going to fire you from your job. That important that you get that shot. Uh, it's absurd. It's horrible and American, not constitutional. I'm sure the court's going after already out and and totally illogical. No. On a political level. This brings to mind a facet of Biden that I think is very important. The arrogance of the man. The his language. He got up there and he gave a speech. And he said, My patience is wearing then Hitler used to say My patience is not being exhausted, Ble I have to kiss Chamberlain to scare the hell out of him. And here he gets up. He says, my patients who the hell are you to have a lack of patience with me. All right, you work for me. I elected you. I pay your salary. Who are you to come around and tell me your patience is in its not is wearing thin and then to tell me have some decency have some decency. How is my getting a shot getting help people that already have gotten a shot. It's not and terms of other people. That's their choice, Their risk and for you to get up there, so arrogantly so full of yourself and say this is, I think incredible because you had to be a.
WMAL 630AM
"80 million" Discussed on WMAL 630AM
"Angry indeed. Admire from the Martian right there. They're ready to go. I didn't even know that. There's so Joe Biden here is he's going to have the Department of Labor, You know, they got that Taliban guy is the head of the Department of Interior in Afghanistan, So he controls all the people that go around with rubber hoses that beat women and shoot the pregnant female cop and stuff like that. That's the Interior Department in Communist countries. That's what the Department of Interior does, too. There has run the secret police and stuff like that. Did you see the two journalists, journalist and a photographer that were beaten? Just beaten to a pulp? If you want to know what it looks like to be beaten to a pulp. Look at what the Taliban did to these two journalists who are trying to document the the Taliban brutalizing women because this is Joe Biden's legacy taking shape. In Afghanistan. So here comes the Labor Department and new mandates for any company with more than 100 employees. Here comes the man, I'm announcing that the Department of Labor is developing an emergency rule. I'm announcing to require all employers with 100 or more employees. That together employ over 80 million workers, 80 million workers to ensure their workforces are fully vaccinated or what or show a negative test at least once a week, at least once a week as all the taxpayers going to foot the bill for that It's an emergency rule. Maybe a few more rules. I don't know. I think not so different. Maybe a few more rules. Poor woman. She was very nice. You know, It's not like she was goose stepping member of the Socialist Workers Party of Adolf Hitler or anything like that, Joe Biden and then he decided to jump into political polarization. Because it's not enough to pit the 75% against the 25%. And it's not enough to pit the federal government of the Labor Department against small business at this time winner economy might start teetering. No, no, no. Here comes Joe Biden. He's gotta polarized along political lines to school officials are trying to keep Children safe in a pandemic while their governor Picks a fight with them and even threatens their salaries or their jobs. Wait a minute. Talk about bullying in schools. These governors won't help speed the pandemic. I'll use my powers. Presidents get them out of the way. He said that one minute after he threaten the pay of 80 million Americans, alright, he it's no sense of irony. They don't understand the concept of irony. They don't appreciate the word irony whatsoever and there is bullying. He's talking about Governor Rhonda Sanderson, Florida, of course, saying that the schools can't mandate Masks right now, again, Joe Biden on the campaign trail, so you wouldn't mandate vaccines when mandate Now he's mandating it because you can't believe a damn word that he says or any of these damn Washington politicians. I'm sorry for the these darn Washington politicians, Here's job and the teachers Because the teachers unions, they flood money into the Democrats. They're run by radicals like Randi Weingarten and and extremists, and they were invited to the White House on January 21st. And toured around the White House. The two union chief something so they get everything they want because they funneled tens of millions of teachers dollars that go into the union's Joe Biden. The Department of Education has already begun to take legal action against states undermining protection. The local school officials have ordered what kind of protection any teacher or school official who's paid with health for doing the right thing. We will have that pay restored by the federal government 100%, but it just I promise you, I will have your back. He he threatened the pay of 80 million Americans two minutes earlier. Now he's got the back of the teachers union funnels millions and millions of dollars to Democrat Um, uh, Democrats running for office. And and they get the red carpet treatment at the White House. And now we're going to pay. The taxpayers are going to pick up because they want mandates more mandates some and I think maybe a few more rules. Also, here comes the Here comes the judge. Here comes the T s a today. Tonight. I'm announcing that the Transportation Safety Administration the T s, a will double the fines on travelers and refused to mask If you break the rules, be prepared to pay and by the way, they prepared to build some respect. Listen to this. The anger you see on television toward flight attendants of others doing their job on television. Wrong. It's ugly. Oh, thanks. Scoop your listen to him. Listen, I mean, really His Abe Simpson is so in the last three sound bites. He's unleashing the Department of Labor on employers and employees. He's unleashing the Department of Education on Governors is unleashing the PSA on people and listen to his angry scolding. B word tone. You're talking to me. I don't want to get all Travis Bickle on your anything here, but you're talking to me. I don't see anybody else around. I was watching it alone in my living room. I didn't start doing Travis Bickle. But there it is. And then it was. He was done with his his assault on all things that Americans hold sacred. And then he just turned his pretty head and walked away. He turned on a heel and went off looking confused. While a couple of feckless Democrats posing as reporters shouted a couple of lame questions trust stay together. God bless you all. Let's stay together and all those who continue to serve after polarizing along nine different guys protect our troops. Yeah, get vaccinated questions.
WBAP 820AM
"80 million" Discussed on WBAP 820AM
"No, I don't think we should be mandatory demand to be mandatory. But do we really hanging my power just like I don't think masks have to be made mandatory nationwide. I'll do everything in my power as President, United States to encourage people to do the right thing, and when they do, it demonstrated it matters. But not mandatory, but not mandatory. I told Sean before we went on the air this morning. I said, I'm really going to have to watch my mouth today. I'm really, really going to have to be because Just because of of Of him. Yeah. How how did you like it when he did this? Now, listen, this These pandemic politics I refer to are are are making people sick, causing unvaccinated people to die. We cannot allow these actions. To stand in the way of protecting the large majority of Americans who have done their part. I want to get back to life is normal pandemic politics, he said. Now pen and I will tell you this. I agree with that pandemic politics, but it's on both sides. Oh, yes, both sides, but it's on both sides. It's a political football. Yeah. And don't got it, Brian. It's just I think of all this. Yeah. The company's He's going to order it done to 80 million people, Obama Box and yet and yet they come across the border. We take them in and ship them out and send them in it. Another member vaccinated. Exactly. Why is that? Okay? It makes me nuts. Here's Monte Cook.
WLS-AM 890
"80 million" Discussed on WLS-AM 890
"With a high around 80. Tomorrow night. A few clouds alone near 65 Saturday. A few clouds highs in the upper eighties lows in the low seventies. Currently 70 at O'Hare 71 at midway and downtown along the lakefront. With the Covid 19. Delta variants spreading in 80 million unvaccinated Americans, President Biden outlined a sweeping strategy today The president unveiled a new emergency rule that orders companies with 100 or more employees do not require workers to be vaccinated or tested weekly. Here's a B CS Rachel Scott. The bottom line here is that hospitalizations are rising, the administration knew that they had to take aggressive action. To counter this, and the president believes the steps that he announced will save lives. The new mandate effects about 80 million Americans, Illinois House lawmakers discussing a new clean energy proposal. The revised legislation passed a House committee on a 96 vote earlier today and has the support of Governor Pritzker as well as labor and environmental groups. The Tribune is reporting that this deal will be costly. It puts customers on the hook for nearly a $700 million bailout of scandal plagued Commonwealth Edison's parent company. It's estimated the package would increase power bills for the average residential customer by about $4.50 per month. Illinois is about to have a new ethics reform law on the books. On the second attempt, the House voted to accept the governor's changes to an ethics package. Opponents argued that only scratches the surface of what needs to be done to clean up government. Representative Kelly Burke. We have an excellent bill that has many needed reforms, and it was overwhelmingly supported by Republicans in the House and Senate. We have a standing committee on ethics that will continue to hear and vet bills in the new session. So please, let's get this bill into law and then continue our work. The legislation prohibits lawmakers from immediately working as lobbyists when they leave office and bans elected officials at all levels of government from engaging in compensated lobbying. WLS news time. 7 32. Let's take a quick look at traffic here on the Tri state. This is I. 2 94 northbound after the Jane Adams tollway. An earlier accident still backing things up there on the Kennedy outbound at Canfield,.
Liberty Talk FM
"80 million" Discussed on Liberty Talk FM
"All employers with 100 more employees. That together employ over 80 million workers to ensure their workforces are fully vaccinated. Those who already says will be subjected a weekly testing is also imposing a mandate for federal employees to be vaccinated without an option for testing. The president again urged the 80 million Americans who haven't gotten the shot to do so. The PSA is upping the penalty for people who don't wear masks on public transportation. The new fines go into effect Friday by a unanimous vote. Officials with the Los Angeles County School District have ordered vaccines for all students aged 12 and older. The Justice Department is suing Texas over the state's new ban on most abortions. Attorney General Merrick Garland says the Texas law essentially restricts abortion before a fetus viability, violating a woman's constitutional choice. He gave Particular attention to the Texas laws intent to sidestep state responsibility. And as he put it, deputized citizens with no connection to serve as bounty hunters authorized recover at least $10,000 per claim from individuals who facilitate a woman's exercise of her constitutional rights. Garland says Americans should fear other states copying the model. If it stands and added the DOJ would seek to sue other states that try Grenoble. Scott Fox knew a manhunt underway in East ST Louis, Illinois, after police say suspects in the shooting with multiple victims, then crashed their vehicle into a commuter train at a crossing America is listening to Fox News..
AP News
"80 million" Discussed on AP News
"Biden and vaccines. I'm Tim Maguire with an A P news minute. President Biden calls on the 80 million people who haven't been vaccinated to do so. Because their refusal has made life harder for the rest of the country. We have the tools to combat Covid 19. And a distinct minority of Americans, supported by stink minority of elected officials are keeping us from turning the corner. Biden mandating workers and companies with 100 or more employees to be vaccinated or tested weekly. Millions who work at health facilities that receive federal, Medicare and Medicaid must be fully vaccinated. The Justice Department is suing Texas over its new abortion law. Attorney General Merrick Garland says the measure with its $10,000 lawsuit award for people turning an abortion providers, and those who help women get an abortion is vigilante ism. The statute deputize is all private citizens. Without any showing of personal connection or injury. To serve as bounty hunters. I'm Tim McGuire. President Biden will require federal workers and contractors to be vaccinated against Covid 19 as he boosts efforts to fight the surging Delta variant. It's part of the president's six part plan to address rising cases are overarching objective here is to reduce the number of unvaccinated Americans there, of course, 80 million unvaccinated Americans at this point in time, spokeswoman Jen Psaki says federal workers and contractors will have about 75 days to get fully vaccinated. Those who do not will get counseling and discipline and might be fired. The president also expected to outline plans for boosting virus testing in schools. Soccer Megane at the White House, the FDA has delayed a decision on e cigarettes from Vaping giant Jewel. Federal Health officials won't say yet whether to allow bestselling Vaping brand jewel to stay on the market. But they did order thousands of other electronic cigarettes off store shelves. The FDA says it rejected applications for nearly 953. 1000 flavored e cigarettes and related products, mainly due to their potential appeal to underage teens. Explaining there's more work to be done to complete their remaining reviews. The agency did not rule on Jewel, the most popular brand with adult smokers and many teens. I'm Shelley Antler nursing home deaths were much higher. In 2020 official numbers from the CDC are missing about 12% of covid cases among nursing home residents and 14% of deaths..
AP News
"80 million" Discussed on AP News
"Montana asked the cord not to block new laws targeting abortion. Montana's Republican attorney general is asking accord not to block enforcement of several new abortion laws. Planned Parenthood filed a suit in the Yellowstone District court, claiming the laws would unconstitutionally restrict access to the procedure in the state. The laws are said to take effect October 1st. They would ban abortions after 20 weeks of gestation and restrict access to abortion pills. The state is represented by the alliance Defending Freedom, a conservative Christian legal group. I'm Walter Ratliff. President Biden is announcing sweeping new vaccine mandates that will affect as many as 100 million Americans. The rules will mandate that all employers with more than 100 workers require them to be vaccinated for covid 19 or get tested weekly that will affect about 80 million people. Roughly 17 million workers at health facilities getting Medicare or Medicaid will also have to be vaccinated, as will all federal workers and contractors. The president said to lay out his plans this afternoon, a series of bold and ambitious steps with what spokeswoman Jen Psaki calls an overarching goal of vaccinating more people, blaming a virus surge on the roughly 80 million not fully vaccinated. The nation's seeing about 300% more new infections a day compared to this time last year Saga or Megane at the White House. The Justice Department is suing Texas over a new state law that bans most abortions. The law is the biggest crackdown on abortion since the Roe v. Wade decision nearly 50 years ago that women have a constitutional right to abortion. The act is clearly unconstitutional. Under longstanding Supreme Court precedent. Attorney General Merrick Garland says he's worried other states could enact similar laws to deprive other constitutional rights the suit as the federal judge to declare Texas's law invalid. Saga or Madani at the White House. Thank.
KFI AM 640
"80 million" Discussed on KFI AM 640
"Gotten At least one dose of the vaccine as of this morning, But more than 80 million eligible Americans remain unvaccinated. Wait. How many? 80 million eligible Americans remain unvaccinated. Wow, that's a huge crew 80 million eligible Americans remain unvaccinated. That's a big number. And recent polling shows that over 30% of Americans who haven't gotten the shot say they would if the vaccine were fully approved. Okay, Well, now we're gonna put that to the test rights has been fully approved. Well 30% of 80 million people. Get vaccinated. Wow. Look at that sun Come up. I mean, the moon. Look at the moon come up, rather sunsetting or the moon rising. And that was the moon on radio sitting. I couldn't tell what it maybe it is. Maybe you're right. Maybe it is the sun setting. You couldn't tell where they what angle that was from? Yeah, but there's a almost a full moon tonight. It was unbelievable Last night when it came out, Do you see it last? Yeah, Yeah. Wow. Yeah, Saturday night was pretty bright, too. Yeah, that's kind of cool, right? Think Dawn with that moon. I love how distracted I get. Oh, Pfizer. Yeah, Totally approved. Is that a shot? Is that a Ki moon? That Akio look school house was that a B by the FDA. This full approval, according to the FDA indicates that Pfizer has shown enough effectiveness and safety data. To meet the stringent requirements that the FDA sets, which includes at least six months of safety data from a majority of volunteers. Wow, T J As you say, Steve. The full FDA.
AP News
"80 million" Discussed on AP News
"With an A P news minute Stocks finished higher. The Dow up 586 points. President Biden is expected to fall short of his global coronavirus vaccine commitment by the end of the month. The president had pledged to ship 80 million doses by the end of June. But as they announced new plans for global sharing, officials say the president is not expected to meet the goal, they say while US produced doses already deliveries are delayed due to logistical issues, including Regulatory hurdles, The White House has announced 60 of the 80 million doses will go to the Global Kovacs vaccine sharing alliance and the rest do specific partners. So far, only 10 million have actually been shipped. Sagar Megane at the White House. The CDC says virus deaths in the US have dipped below 300 a day for the first time since the early days of the pandemic. There was another milestone 150 million Americans fully vaccinated. I'm Ed Donahue, a transgender weightlifter has been selected for the Tokyo Olympics. Laurel Hubbard from New Zealand lifted £628 in two lips. On the way to qualifying in the women's super heavyweight division. She is their first Olympian who has transitioned from my two female Karen Smith is with the New Zealand Olympic Committee Weightlifting New Zealand President Richie Patterson says Hubbard is in line with the best weight lifters in the world. It is hard to speculate rankings a total and that vicinity ranks Laurel and the top six gender identity in sports is a highly sensitive and complex issue. I would like to take this opportunity to remind us all that Carol has met all of their quiet criteria. She has a very dedicated and resilient athlete at 43. Hubbard will also be the oldest weightlifter in the Tokyo Games. I'm Ed Donahue. I'm Ed Donahue with an.
KCRW
"80 million" Discussed on KCRW
"In this moment Values calm us to do everything that we can to vaccinate the world against Covid 19. It's also an America's self interest. As long as the virus rages elsewhere. There is a risk of new mutations that could threaten our people not to help answer some of the questions raised by this plan. Let's bring in the man in charge of it, Jeff Zients says the White House coronavirus response coordinator. He's traveling with the president, and we've got him on the line now from Cornwall, England, Mr Science Welcome. Well, Please. Chapman. It's a pleasure to be with you Glad to have you with us. All right. Let's walk through this 500 million doses that the US will give to the rest of the world. The 1st 200 million to be distributed this year the rest next year. It sounds like a lot. But of course, 200 million doses this year will only vaccinate fully the population of a country the size of Egypt. Maybe Ethiopia. How much of a difference do you hoping this will make? Well, I want to start by saying all of these doses are going to be donated 200 of the lowest income countries. And this is the largest purchased by far and donation of Covid 19 vaccine. By any country. This is in addition to the 80 million doses that the president announced a few weeks ago that we will be donating from the U. S supply the vaccine. And we're going to continue to donate doses across the summer months. So all of this adds up to more than a half billion. And this is not the end of the effort by any stretch, right? I will note that these 500 million doses announced today. These are from fighter. Are you all looking at similar agreements with Moderna with Johnson and Johnson? No, we are in discussions with Johnson and Johnson and Moderna. And we will continue to do everything we can working with those two companies. You're right today is 500 million doses from Pfizer. That's the mRNA. Vaccine, which has proven to be highly effective and safe. And so far as worked against all the variants that this is really important to have 500 million doses 200 million doses, as you said, available at the end of this year with the other 300 million By mid next year. Now the U. S is asking other rich countries to pony up to and I'm seeing that G seven leaders say they will announce more covid plans on Friday. Can you give us a preview? Don't want to get ahead of the G seven announcement, but I think it would be clear that American leadership, working with other democracies and partners around the world will really help. To lead Us out of the globe out of this pandemic safe to say more vaccines are coming for the developing world. Yes, and you know, I think that's really important and it's made possible in part because of how far along we are in our own vaccination efforts. I want to emphasize that we have enough vaccine for all Americans and 64%. Of adults at this point have at least one shot. Were. I would encourage everybody who only has one shot to get fully vaccinated. And anyone who hasn't started their vaccination routine to do so. Because when fully vaccinated Americans are protected, and when you're not fully vaccinated, you're not protected the president Goal that he has announced. Just 70% of Americans, at least partially vaccinated by July. 4th is the U. S going to meet that goal. Well, we're doing everything we can to make it easy. All Americans to get the free vaccinations. Including walk up no appointments at pharmacies and other locations. 24 hour service. As you know, there's even incentives for people to get vaccinated. We also want to make sure that those who have questions about the vaccines that were answering those questions and that we continue to do. This an affair and equitable way. Yeah, and just can you give me a yes or no? Or do you know at this 0.70% by July 4th or at 64%, and we're pushing hard. And we would encourage all Americans to get vaccinated. The more Americans that are vaccinated, the safer we are as a country and individually you're only safe. Here fully protected by getting vaccinated. One piece of this that I'm curious about as you talk about the US being able to give doses to other countries. There are millions of doses sitting in US states right now. There were ships that haven't been used. They may be expiring. Uh, two questions. One was that a mistake to send so much out in the U. S with the band doesn't seem to be there. I want to. I want to emphasize that there were given over 300 million shops and yes, there are Inventories of 1st and 2nd shots in the states. Inventories vary, but it was most part or not terribly significant for the most part states and ordered what they needed. I'm the Johnson and Johnson doses that have near term expiration. We've been talking to governors, local leaders, local health officials about prioritizing getting shots and arms. And that has been, uh Youth fire partners in the states and elsewhere and at the same time there is positive. Potential news about extending the shelf life of the Johnson and Johnson vaccine so they don't expire in the New York terms. This is because you're learning more that they may last longer than you than you initially understood. Yeah, there are stability studies that are underway. Company working with the FDA. If that doesn't work, Can you go and get them, collect them and send them to? I don't know. So in Mexico pressures extended shelf life and they're not near term expiration, and we do have Ability to export all three vaccines, Modern advisor and Johnson and Johnson and we'll be doing that have already started to do that, when the 80 million doses and we'll be shipping Those doses across the next several weeks. Last thing on the situation here, booster shots. What is your most up to date? Understanding of when we're going to need them how long we are protected by the current vaccines. That's something that you know. We look to the scientists for the medical experts. Dr Value Doctor Lewinsky. I don't think there's been last I talked to them a few days ago there had not yet been Definitive work completed on that at this stage, we will be prepared from an operational perspective. We will have this supply as we have for, you know, planning for all contingencies, But there is no news on the time the need or timing for boosters. At this stage. We look to the medical experts. For their advice on that front. Jeff Science is the White House Covid 19 coordinator and we caught him traveling today with the president in England. Thank you so much. Thank you. And this update After we spoke with science, we got word that the F D. A did indeed extend the shelf life for the Johnson and Johnson vaccine from three months to 4.5 months, which may help salvage some vaccines. President Biden has vowed to make human rights a central part of his foreign policy. A key test comes next week when he sits down with Russian President Vladimir Putin in Geneva. The U. S. Has been raising concerns about Russia's crackdown on opposition leader Alexei Navalny, and the crackdown is sweeping up average Russians, too, as we hear from NPR's Michele Kelemen 1985, a well known Soviet actor, escaped Yugoslavia in the trunk of a car and then defected to the United States. I wanted to escape, I.
KQED Radio
"80 million" Discussed on KQED Radio
"Today is in addition to the 80 million doses that the president Announced a few weeks ago that we're sharing from our U. S supply of vaccines and we will continue to share additional supply across the summer months. You know, the U. S is leading here. Other G seven countries in democracies are also donating doses. So this is a U. S led effort to vaccinate the world as soon as possible. And I want to ask you about that. But in terms of the numbers 200 million doses this year 300 million Next year. Are those numbers driven by the fighter production capacity or by the US budget what the U. S can afford. No, we were We want doses as fast as possible. So the 200 million doses was a term that was very important to us to get his doses into this year, and that's the maximum that Pfizer Could provide this year in the 300 million will be delivered no later than the end of the first half of 2022 Jeff Science. There is a question about the Pfizer vaccine, and that is this is a vaccine that has to be kept very cold. What about it was their consideration given to another vaccine that could perhaps be distributed to many more places that doesn't that don't have cold storage. Well, this is not mutually exclusive. You know, the Pfizer vaccine is the RNA technology, which has proven to be a very effective and very safe. Vaccine importantly effective.
KPRC 950 AM
"80 million" Discussed on KPRC 950 AM
"That wouldn't bring to the Here's my theory. She didn't want to go down there and tell Guatemalans not to come. She knew it would make her look like hypocrites. Joe wanted her to do it so he wouldn't have to do it. You follow me. She's mad about it. 24. Hours later, she gets a fake reporter to show up at a press conference pretending to be of the Hispanic community in an effort to make her look better. What are you going to do to help us? Oh, I'm going to do a lot. But after watching her, you can see why they've been heightened her for so long and not letting her out of the house. She is as bad as Joe. And all I can say is 80 million votes my ass. Gonna call Wednesday. Hump Day. Well, Too bad. That's what we're calling my hump. My huh, Mom Day Oh Walton and Johnson Radio Network. Mm hmm. Mm hmm. Hmm. Wow. Oh, It's not quite Friday yet, but we already have so much good news to share with you today. The good news is just.
KOA 850 AM
"80 million" Discussed on KOA 850 AM
"Detail exactly how it's going to send out 80 million covid vaccine doses across the globe. Secretary of State Antony Blinken says the distribution effort will strive to be equitable. We're going to do that based on science and need And we're going to do that without any political strings attached, he adds. The U. S aims to be the leader in vaccinating the world and coming up here on Colorado's Morning news. We're going to look at the U. S plan to send those 80 million covid 19 vaccines overseas will have the discussion from the White House coming up here just in a mere moment. Right now we take a look at the drive. He's hovering in that stairway. Jet copter. What are you seeing out there day? The good stuff on the road. Absolutely good stuff has no accidents, and rather like volume. I'm quite certain at this point. A lot of folks have made a long weekend and took today off. We're in the southwest part of the Metro area. In the case of a jet copter over C 4 70 westbound, pretty much over ball aerospace firm and the former Martin Marietta. But all your major highways, no big incidents at all. There's no accidents, just a whole lot of people trying to get to their destination. Whether it's work or whatever coming in from Brighton, Man we've been noticing how heavy incoming from breaking news. I 76 westbound now loaded up from 96th Avenue, down to 70 through Commerce City, both sides to 70 running heavy, but fortunately no wrecks on that stretch coming into the tech center two and a quarter southbound. I'm seeing a longer stretch of traffic. Now we've got motorists all the way from Alameda. Down to Yosemite for CH two and a quarter. On the north End of town loaded up south down 25 from North clan through Thornton down past 84 before you get a break in speeds, then you're heavy, once again getting into into the downtown area from the bed. Fred Sports Traffic Copter no off Highway accidents to report at this hour. This report sponsored by Napa auto parts, whether it's offering curbside or next day delivery for online orders and over 160,000 parts. Getting involved in their local communities..
KGO 810
"80 million" Discussed on KGO 810
"Alright, Chip Chip Franklin here with you. Um I just got a note from the Pacific Legal, It's Pacific Legal Foundation. As I said it wrong. I said Instituted specific legal foundation. I'm so so sorry. All right, um, well, our last half arts and I'm really looking forward to it A little bit later on, you'll hear from John Rothman again. He'll talk about his show tonight. I'm gonna play a little bit of Paxton Smith that that teenage valedictorian that stood up to the state of Texas sports. Remember, parents must be so proud anyway, and also still to come here and are what the Franklin is A is a real interest. I think it's an interesting look. At you know, the whole idea of well, you know, Monopoly now, you know, you know that you play monopoly, right? We all play this game. Um, it's a brutal game for kids. Louis C. K has a really funny bit. I'll play that for you, too. And I'll tell you why Some places are banning monopoly for Children because they think it's too tough. That's a little too woke, even for me. Um And, uh, yeah. You know, it is. It's fascinating to me to think about what's happening right now. With the vaccine. As you heard earlier. We're sending 80 million doses to to Africa to Asia. Two people that really need it, especially India. And how will that all Pan out with politically I can guarantee you tomorrow. I'm going to listen to Fox News tonight that they're going to go after Biden's and he's giving it away. Now, I mean, Yeah, 33 get.
KIRO Radio 97.3 FM
"80 million" Discussed on KIRO Radio 97.3 FM
"Tell you John 80 million Uh huh. Okay. I'm sure we'll hear from Larry Later on Larry in accounting when it comes to the previous segment is Tracy. Okay? By the way, she didn't hear that last segment, Did she? Tracy Taylor, Chris listening, Bushy. We're talking about the my friends prized possession. Oh, she was listening. She's always listening. As she said many times she loves the show. John. Yes, Stop. She doesn't miss a minute of it sometimes use Don't eat her walking in with the guys. You're talking, you know. All righty on earthquake. That's how Danny West Indies describing in the Seattle Times piece in politics. Not yet, though, but some people starting to feel the tremors. He basically points out that Adam Smith, who has served for it a long time, they'd always wins going away. It's not even a race went out of Smith runs. He actually has people challenging him. To the extreme left and then sort of really left three people altogether coming after Adam Smith And the Danny looks at this is not unusual now that people are getting primary That's right. That's so the context that makes this important is that 98% of House and Senate members get re elected. So the only way to get people unrealistic is to get rid of him in the primary, So there is not an incumbent and that is what's happening. Any points is out on both sides. So we have two Republicans in this congressional district in our state that voted to impeach Trump. They have attracted three and four opponents and again there outflanking them on the right and he points. So you got your Bernie Kratz or, you know, however, you want to characterize them and you've got your trump supporters and because they're on the extremes, the question is, Will we move in that direction and become Right now. We think we're very Partisan country. But can you imagine how much more partisan it could be if instead of a standard Democrat every Democrat was like Bernie Sanders or Alexandria, Causio, Cortez and if every Republican Was instead of say, Like a. I don't know, like a rob Portman or something, You know, sort of. Ah, one time centrist. Everybody is more like a mat Gates or somebody more extreme supporting Trump on the right. That that would make us yearn for the good old days when we only had partisan bickering instead of supreme or extreme partisan bickering. Yeah, it's a threat. You better look out. If you don't you're gonna get primaried, right? Yes. And it Z compromises A sell out. This scene is a sell out. You better hold on or re primary you which means Now you don't have the war chest. You have to spend some of that money and you have to use some of that firepower to go after people that are coming out and starting to point out the vulnerabilities that you have, and you hear people like Chuck Schumer. Constantly threatening Chuck Schumer that he's going to be primary constantly going after him that they will go and get Schumer, who's the little guy that is in the house on dabbler. Jerry Nadler also gets threatened to be primary, so that's why they always have to be covering Elliot Angle yesterday. Yeah. So those guys get kicked out of there, You know they get they lose. I don't know. I do have a problem when the incumbent wins 87% of the time, primarily because the rules were written in their advantage. Plus, also, it's hard to fund raise. It's hard to get enough money up to be able to beat somebody like that. So you keep getting the same people over and over and over again and you know, it's perfectly fine to get primary day. It just makes you have to answer to that wing. Of your party? Yeah. And then in our next article is an opinion piece about how to solve that, because this guy's Arctic, actually two guys, Alan Unova, can t J. Rooney Say that they think that they've got a solution to this extreme partisanship. And what's nice about this is they are the heads of the Republican and Democratic Party in the state of Pennsylvania. So they are working politicians from opposite, you know, from across the aisle, but they agree on this on this one solution, And that is in lots of primaries. Now in the Washington state, it's It's not this And we don't mean just the presidential private. We're talking about primaries, you know for like running for Congress say in these states, you have to declare if you're Republican or a Democrat, and if you aren't a Republican, you can't vote. For Republican candidate and vice versa. For the Democrats. Their solution to this problem is to open up these primaries again. It's not relevant in this day we take the top two vote getters. But in these states, he says, what that does that invites a whole swath of people that are now independence. And he says, it's something like 50% of the state's maybe out. Independents outnumber at least one of the two parties, so if you have independence allowed to vote in the primary They tend not to be. If you're independent, you tend not to be apparently ago, according these policy guys the extremes of either party, which I suppose you could be. They tend to be more centrist, or at least you know, go between in between one of the two parties and that would suddenly allow for people that are much more willing To compromise to work through and make it like, you know, the good old days or the battle days, depending on how you see him. I think that that makes a lot of sense. We alienate too many of our voters by not allowing them to choose who the final Two candidates are going to be in any particular race. Well, that is the problem, isn't it that people say Well, it's just we're two party system and pox on both your houses, and they're both just is corrupt and justice. Horrible. Just ones, one player, one of the other flavor. You bringing independent in and they said, Well, you know, I don't vote by party. You know, I'm more of an issue person. So then you have the independent person being able to take the best from the right and the best in the left. And then you had the middle of the road, right? The problem is they just get swamped. We're going to try to do that. I have her have her. You won't have a third party. The third party go wigs or something like that. You want somebody else coming in there and setting it up And there won't be any money because that is the mother's milk of this thing, And you know that 87% of the time. It's more than 85% of the time. The incumbent wins. You have to really do something horrible to not win. I mean, they at the hang something just awful on top of you in order for you to not win again. Well, you know, it's funny that this comes up because the best way Tioga rid of an incumbent is two primary them because the whole point of you know you have extremists. They have much more rabid bases. And because they tend to vote in the non presidential elections, the rabid supporters on either side that you tend to get some of these incumbents ousted But John in this case, they're not asking Now. Maybe maybe your point is that the Republican Party and the Democratic Party in whichever state we're talking about wouldn't allow for this or you wouldn't wouldn't want to go for this. But These two guys on both sides of the aisle. Say yes, they don't independence in a established a third party. They could just weigh in and be the deciding factor in both the Republicans and the Democrats and that the theory behind this is that if you ended up getting a moderate, you know, like a, you know, slightly more liberal Republican or a slightly more conservative Democrat. That the slightly more conservative Democrat would be more willing to work with a slightly more liberal Republican..
103.5 KISS FM
"80 million" Discussed on 103.5 KISS FM
"So soon, so test so you won't pay a mission like shit If you smoke. What? You should get the hay lift your hungry gonna happen later, baby. Wait so much love it coming, Making something kissing cutlet Road fiddles in the booth girl is jumping ship so I believe that that your family That's your girl. Love me See your way. Come on, Come on. Come on, Well People keep sending me that By the way, I'm like, guys. I know. I know. You don't have to slide to the end of that one. I know that. I fear he just got paid. 80 million. I know. He's in the Bahamas. Celebrating. Why do I know this?.
KDWN 720AM
"80 million" Discussed on KDWN 720AM
"Be turned around people of this nation. The laws of the land won't stand for anything else. It's a disgrace that this Is happening to our country. Let's not normalize that live because it is delusional. Talk to me that way. You're listening, too perilous World radio. With David and Alan Masters. Well, today, the state of Arizona has joined the Texas lawsuit making that 18 states that have joined that's a third of America. States of America now involved in asking for actual justice to be served. And my friend who is a producer for one of the top shows in the country, said Well The Supreme Court. Better take this case, because if they don't and President Biden gets In as president. They will stack the court. They will pack the court and the nine that air in there right now will become sort of just part of a tag team, So it's not gonna matter if they if they step back. And to them, they will. They will become yesterday's news. I've got a report here from Newsmax on the Arizona joining the Texas lawsuit. Let's Listen, I'll see you before the Supreme Court. That's actually 18 states. We can add Arizona to that list. Great timing because one of the 18 states joining Texas in that lawsuit is Arizona, which is surprising to some because Arizona has already certified its results for former Vice President Joe Biden. The only state joining the Texas lawsuit that had done that Dr. Kelli Ward is the chairwoman of the Arizona Republican Party, and she joins us now to reaction to Arizona joining this fight in Texas. I'm thankful that Attorney General Bernard Bitch decided to do this, though there is part of me that thinks we should actually be being sued by Texas because here in Arizona, our laws were changed midstream as well. Voter registration deadline was extended by 10 days. We actually shortened the period that the group was trying to extend it. They wanted to extend it all the way until October, 23rd. We went to court. We stopped it as of October 15th. But for 10 days people were able to read. Mr and probably some of those people who registered. We're able to actually vote early on the same day, which is strictly against legislative intent. Diane Linderman, Diane Masters, our sister joining us also somewhere in the in the back lands of Texas right now. Um, so I I understand that there's there's actually more than 18 at this point, but, you know, I don't know It's gonna be changing it by tonight. When people hear this, It will probably be more But I have to tell you, Diane. I am pleased I was happy that 6789 you know all of a sudden. Here we are. 17 18 19. Whatever it is 20. I mean, I think this is this is epic. This is the miracle. On Christmas. We were hoping for if I could say that. What do you think I didn't that seem or a miracle if at least the Mexican Americans got out there there Oh, hey, it is a there is a lightning storm over this conversation. You know, she said something about. It's a miracle that 74 million people voted for Trump. I think when it comes right down to it, David that they're going to find out there's more like 80 Million people voted for Trump, you know, in It's like what they said. We're gonna believe me or your lying eyes when we see these rallies, and there is there's people that are in line for miles and miles and miles, trying to get into the rally. The rally is full beyond capacity, people standing holding onto the chain link fence, trying to just get a glimpse, trying to be able to see they have gigantic jumbotrons up so people can see his face. I mean, this is biblical. This is epic. Not that trump is this, You know, holier than thou man. He's not. He's just a man. But he's a man on a mission from God right now for us. Is he do everything perfect. No. Is he like us? All of us going? God Show me the way, you know, Like Moses said in the 10 commandments, who of I lord to set your people free, You know, I mean, we all have those doubts. Every day we wake up. Who are we to do this radio show or whatever it is, you can no matter. What your job is. You could say, who am I? But if you don't turn to God and try and derive your strength from your father in heaven, then you ain't gonna be able to do it. And even if you do, it won't be long lasting. It'll be like a drop of water in a hot frying pan. Yes, everybody in their life at some point has success and all of a sudden they puff up. And then boom. It just goes away as quick as it came. What do you think, David? Well, I think it's very interesting also to note that there are more stories that had been suppressed by the media, including the huge story of Hunter Biden's laptop. It's in the news today. And the fact is that Hunter Biden is now being investigated by the state of Delaware, the Justice Department they're about but that that's actually been ongoing. But again, this was suppressed by the mainstream media. And I just saw an article about how Twitter is now again, using suppressive techniques to control any discussion about what's going on with the lawsuit from Texas. So, look, we have a huge problem in America. The problem is that this country as we've heard about, and I have audio for this baby will play in the next hour. Talking about this representative SWAT well, who was compromised by a female Chinese agent. But he's just the tip of the iceberg. And by the way that the FBI knew about this for five years, right five years, the FBI did nothing. So I'm just saying that you know this whole the deep state is deeper than you could possibly know. It is a deep rabbit hole of corruption by and company and who? How many other people Nancy Pelosi, by the Way, has said That she doesn't have a problem with Swalwell, who's on the Senate Intelligence Committee. He has access to highly classified information. My God, this country is so deep in the hole right now, if if if our president doesn't win We are going to see things that you never imagined could happen in this once great country and will be great again, But I don't know what it's going to take well, but it's like you know what happened when the coronavirus first came here? Oddly enough, Where was Pelosi down in Chinatown, saying, Come on down to sandwiches going? Come to Chinatown. Everything's okay. What is she doing in Chinatown telling people to go there? Well, here's a crazy You know, But the thing is, she is crazy American town, you know? Yeah, but no, but she's crazy, That's for sure. But they don't have any moral standards. That's why Pelosi doesn't have a problem with this representative Swalwell who was in there trying to destroy the president in the phony impeachment scandal..