24 Burst results for "Charles Payne"

"charles payne" Discussed on 77WABC Radio

77WABC Radio

01:53 min | 2 weeks ago

"charles payne" Discussed on 77WABC Radio

"But it's very interesting to me the Democrats don't seem really angry about this Here they are busy getting things done that they want to rush through but they don't even want a hearing on this The SEC the failures there and the other regulatory entities that are out there You have big tech that monitors their own platforms but apparently didn't care about this And I look at this and I say to myself was this guy buying protection from the Democrat party because the Democrats are much more aggressive in their investigations and Republicans Right Yeah it's possible And in fact I had a guest on today who was a Bitcoin expert And it's not just the Democratic Party in the regulators but the media Since all of this has come out yesterday The New York Times wrote a glowing article about this guy Never mentioned a word fraud never mentioned the word crimes never mentioned any of those words They did talk about how little sleep he gets and Internet he was frugal even though he has a $40 million pad in The Bahamas He flies around in private jets Vox wrote an article saying that the talk of him having influence over the Democrats is over is oversimplified or exaggerated Forbes wrote an article suggesting he and his parents practice I think you call it it's called utilitarianism and apparently this doctrine that you go through life and you try to help as many people as possible So Forbes wrote an article saying whatever he did was altruistic in an effort to help other people This is the media circling the wagons around this guy who has ripped off a million people are now creditors in this bankruptcy Billions of dollars and they're making him out they're still trying to make them out to be a hero

Nicole Wallace Trump Joe Scarborough desantis Washington Reid Idaho New York Virginia LA county football Whittier Richard Nixon California
Charles Payne: The Connection Between Sequoia Capital & FTX

Mark Levin

01:29 min | 2 weeks ago

Charles Payne: The Connection Between Sequoia Capital & FTX

"Just one other thing I do want to mention while I'm on with you The number one venture capital firm in the world is Sequoia They raised money for him twice last year The second time in a valuation of $25 billion With that valuation he was able to get additional money so he took 500 million and invested that into Sequoia and other venture capitalist firms They published a piece on him a couple of months ago is glowing peace about him having survivors guilt some sort of a complex survivors complex And in this he brags about not reading he says people who do read are dumb you know he used a lot of curse words And I say to myself if I walked into a Sequoia the number one venture capitalist firm in the world would say listen I've got an idea for a business I would like to raise money through your firm I don't like to read What they kicked me out Think about this for a moment What's going on here They're sophisticated They're the smartest people in the world They know how to re balance sheets They know how to they know how to play So why didn't they They made money They raised a certain amount of money for him I'm not sure what it was I think 2030 40 million But it put the valuation of his firm at 25 billion He was able to leverage that for money and he took 500 million 200 million of which he poured back into Sequoia Think about that for a moment Think about that for a moment This is mind boggling

Sequoia
Charles Payne: Did Sam Bankman-Fried Buy Protection From Democrats?

Mark Levin

01:53 min | 2 weeks ago

Charles Payne: Did Sam Bankman-Fried Buy Protection From Democrats?

"But it's very interesting to me the Democrats don't seem really angry about this Here they are busy getting things done that they want to rush through but they don't even want a hearing on this The SEC the failures there and the other regulatory entities that are out there You have big tech that monitors their own platforms but apparently didn't care about this And I look at this and I say to myself was this guy buying protection from the Democrat party because the Democrats are much more aggressive in their investigations and Republicans Right Yeah it's possible And in fact I had a guest on today who was a Bitcoin expert And it's not just the Democratic Party in the regulators but the media Since all of this has come out yesterday The New York Times wrote a glowing article about this guy Never mentioned a word fraud never mentioned the word crimes never mentioned any of those words They did talk about how little sleep he gets and Internet he was frugal even though he has a $40 million pad in The Bahamas He flies around in private jets Vox wrote an article saying that the talk of him having influence over the Democrats is over is oversimplified or exaggerated Forbes wrote an article suggesting he and his parents practice I think you call it it's called utilitarianism and apparently this doctrine that you go through life and you try to help as many people as possible So Forbes wrote an article saying whatever he did was altruistic in an effort to help other people This is the media circling the wagons around this guy who has ripped off a million people are now creditors in this bankruptcy Billions of dollars and they're making him out they're still trying to make them out to be a hero

Democrat Party SEC Democratic Party The New York Times Forbes The Bahamas
"charles payne" Discussed on 77WABC Radio

77WABC Radio

01:50 min | 2 weeks ago

"charles payne" Discussed on 77WABC Radio

"I don't understand this FTX stuff I know it's a big subject but can you explain it in plain English to me Sure I'll try Cryptocurrencies have become very popular in the last four or 5 years particularly in the last two or three Bitcoin is the one that's known but there are 20,000 of them Maybe more You can create one You can have the Mark Levin cryptocurrency tomorrow if you like Really So when people yeah yeah I think you should probably think about it And so there are coins and some people use them as investments Some of them because of that they trade and so FTX is an exchange that was created for people to trade to cryptocurrencies And this is a big deal particularly for young investors millennials but everyone's involved in this And institutions have started to buy the quality to so called quality stuff right Like Bitcoin and Ethereum those are the top ten So FTX was designed as an exchange You go there you open up an account just like a brokerage account but instead of trading stocks you trade crypto And it sounds pretty good until you start to look into what was actually going on or at least what's being alleged The guy who put this together is Sam bankman freed In my mind looking at the structure of this company from the very beginning was out to deceive people was out to still out to hurt and that's exactly what he did They created their own coins As it promotional tool ended up monetizing them by shipping them off to a hedge fund that he controlled And on the hedge funds books marking them down as if having a value In this case almost $4 billion

"charles payne" Discussed on 77WABC Radio

77WABC Radio

01:38 min | 2 weeks ago

"charles payne" Discussed on 77WABC Radio

"You've got federal regulators all over the place You want to hire 87,000 more at IRS agents to chase down hardworking regular Americans Then you got a high flying guy who's 30 years old He's a multibillionaire He's not exactly hiding under his desk He spends lavishly He donates as you point out some $40 million to the Democrat party where the hell is the SEC where the FBI the department of they don't see any of this It's maddening It's maddening And it's not like it was hard As I've been digging deeper into this the last week and a half people have been talking about this in the open on social media I've seen tweets from a year ago saying this does not add up People who are in the crypto industry This is not at something is wrong Warning other folks take your money off that platform now So this has been out there It's not even a secret It's been out there And the regulators have been absent The SEC has been absent Here's the interesting thing He has spent a lot of time in D.C. crafting coming freed has been in D.C. crafting legislation He was trying to put together legislation that would actually give his company advantages over every other company I'm telling you that this is he bought that kind of influence And by the way he comes from a well to do family both of those parents are professors One of the foremost tax experts out there So you know he kind of knew how to put these things together

Charles Payne: What Happened With FTX?

Mark Levin

01:50 min | 2 weeks ago

Charles Payne: What Happened With FTX?

"I don't understand this FTX stuff I know it's a big subject but can you explain it in plain English to me Sure I'll try Cryptocurrencies have become very popular in the last four or 5 years particularly in the last two or three Bitcoin is the one that's known but there are 20,000 of them Maybe more You can create one You can have the Mark Levin cryptocurrency tomorrow if you like Really So when people yeah yeah I think you should probably think about it And so there are coins and some people use them as investments Some of them because of that they trade and so FTX is an exchange that was created for people to trade to cryptocurrencies And this is a big deal particularly for young investors millennials but everyone's involved in this And institutions have started to buy the quality to so called quality stuff right Like Bitcoin and Ethereum those are the top ten So FTX was designed as an exchange You go there you open up an account just like a brokerage account but instead of trading stocks you trade crypto And it sounds pretty good until you start to look into what was actually going on or at least what's being alleged The guy who put this together is Sam bankman freed In my mind looking at the structure of this company from the very beginning was out to deceive people was out to still out to hurt and that's exactly what he did They created their own coins As it promotional tool ended up monetizing them by shipping them off to a hedge fund that he controlled And on the hedge funds books marking them down as if having a value In this case almost $4 billion

Mark Levin Bitcoin Sam Bankman
Charles Payne: Regulators Ignored Sam Bankman-Fried

Mark Levin

01:38 min | 2 weeks ago

Charles Payne: Regulators Ignored Sam Bankman-Fried

"You've got federal regulators all over the place You want to hire 87,000 more at IRS agents to chase down hardworking regular Americans Then you got a high flying guy who's 30 years old He's a multibillionaire He's not exactly hiding under his desk He spends lavishly He donates as you point out some $40 million to the Democrat party where the hell is the SEC where the FBI the department of they don't see any of this It's maddening It's maddening And it's not like it was hard As I've been digging deeper into this the last week and a half people have been talking about this in the open on social media I've seen tweets from a year ago saying this does not add up People who are in the crypto industry This is not at something is wrong Warning other folks take your money off that platform now So this has been out there It's not even a secret It's been out there And the regulators have been absent The SEC has been absent Here's the interesting thing He has spent a lot of time in D.C. crafting coming freed has been in D.C. crafting legislation He was trying to put together legislation that would actually give his company advantages over every other company I'm telling you that this is he bought that kind of influence And by the way he comes from a well to do family both of those parents are professors One of the foremost tax experts out there So you know he kind of knew how to put these things together

SEC Democrat Party IRS FBI D.C.
"charles payne" Discussed on The United States of Anxiety

The United States of Anxiety

03:29 min | 1 year ago

"charles payne" Discussed on The United States of Anxiety

"Our community first off. Just invite somebody to join you in it. He even start listening together on sunday evenings. But however you invite other people in second you can leave a review on whatever app. You're using listen right now. You can give us a rating there. That's nice but also leave a comment. Why do you listen. Why should others join you in listening again as making an invitation. How community works so. Thanks in advance for doing either or both of those things and even if you can't do either of them thanks for being part of our commuting Welcome back this is. The united states have anxiety. I'm kai right. And we are reflecting on the life and legacy of bob moses one of the more unsung heroes of the civil rights movement. Who died last weekend at eighty six. I'm joined by rutgers. University professor charles payne whose book i've got. The light of freedom is really the definitive history of the mississippi movement at charles before we turn to the to the algebra project and math..

bob moses charles payne united states rutgers mississippi charles
"charles payne" Discussed on First Class Fatherhood

First Class Fatherhood

01:39 min | 1 year ago

"charles payne" Discussed on First Class Fatherhood

"Were born. We got so funny. And not the first person who brought that up. Man on the next logan paul undercard and the money is right. Put me in the meantime i. I had a wrote a very successful vocal call. And unstoppable unstoppable prosperity. Hundreds of thousands of books ordered my educational business went through the roof the last couple of years so i'm working on another book. They're working on a book about my childhood. I like to beef up my charity organization. And i'm working with. I'm working with the boys and girls club harlem. I'm trying to create a stem program that that we can use their but also export everywhere. the working with a company out of london. I'm just juggling a lot And i'm just trying to do good stuff for for a lot of people. I have been so blessed i have been so so blessed and i try my best to pass that on to others props to you for doing show love the charitable work that you do in the last thing i want to. He would hear charles. I love to ask all the data. Get on the podcast. What type of advice do you have for that new dad or for that about to be father who's out there. Listening man enjoy every second every second. Don't take for granted it won't come back. It is the most amazing blessing possible. You know you've got four kids enjoy every second. Yeah well said love the message. There's been a lot of fun for me. I gotta say charles first-class father all the way. Thank you so much time here. And i thank you my pleasure and my honor. Thank you.

logan paul london charles
"charles payne" Discussed on First Class Fatherhood

First Class Fatherhood

06:42 min | 1 year ago

"charles payne" Discussed on First Class Fatherhood

"So cheap is so easy you can be in business in a nanosecond Hang up your shingles put out your talent promoted. We know instagram is doing for young. Americans we know with the youtube is doing. We know what these podcasts are going and just even it's just so amazing to me and i'm really glad though because one of the things that was interesting about last year but our economy Even though they force a lot of businesses out particularly brick mortar businesses and restaurants we saw record number of new business applications last year that that is coming into this year in a lot of those young young american. So i know that so. Many people preached this notion that the american dream doesn't exist some climate never existed And and and it's interesting because often it comes from people who are themselves very successful very wealthy. i find that to be despicable. They sort of get to the top and pull the ladder from everyone. At least the hopes and i just everyone can look around and see. It's alive and well big time. Very well said charles and i want to get into a little bit of financial stuff here and start with college. Bring out a lot of entrepreneurs here guys that have really just smashed it out there and i always ask him his college necessary to succeed in today's world in today's economy. Also what kind of Opinion do you have on for for the young kids teenagers. that are just graduating high school. Do you think college is necessary to succeed in today's world. And what's the best piece of financial vice. You could give to a kid coming out of at high school. College is not necessary to succeed It helps i. Here's the thing having a college. Degree doesn't guarantee success. Not having it can be used against you by some people. But that's that's what they're trying to go through. You know the sort of establishment. We're in a different wild wild west kind of period right now. You've got skills if you got you got ability you've got passion you can go out there and you can drive. You can make an in there. I went to college. But i never got his degree. I i was i was i was going to school i went. I went to school in north dakota with the school in texas. I went to school in guam everywhere. I was stationed in the air force. I took the most classes i could take. When i got out of the air force i was going to school a baroque and then i became a broker. And i had to make a decision so i i went full force as a broker And i started making some really good money. So you just gotta have. I think the most important thing that you got to have those passion perseverance and in an attitude that that that really put the blinders on. But you gotta know what you want. The problem is a lot of young folks. Don't know what they want. I blame the education system. I gotta tell you me and my wife. We have a nonprofit organization and we donate ties. Donate shirts skirts to in to the people who are graduating young people graduating from high school and and and we were usually there. We and we talked to them. Also and we've been now to dozens of high schools in the tristate area would always blows me away as that. These kids are one day or two days away from graduating and like ninety five percent. Don't know what they're gonna do the next day. I can't tell you how heartbreaking at is like something is wrong some you know they should be looking toward something. I was lucky in the sense that we were going to hell. I knew i had to step up I never thought about money. But i knew i had to get in the market when i was fourteen years old. I told my mother. I'm gonna work on wall street so not everyone. Has that sort of epiphany that age but if you can have a passion no matter what that passion is. It could be anything you might think. Kenny the monetize. But i bet you could. Yeah i'm right there with you and and one of the things. I've driven a lot of uber. Charles and a lot of times on friday saturday nights. I talked to these kids. That are going to college there. Ma- majoring in like liberal arts marine biology. And i'm asking him like you know philosophy. What do you plan on doing with this They don't really know they don't have any plan. It's just doing it. Just because i think that's what they're supposed to do. And then one of the other things. When i tell them i have four kids they look at me like i got four heads you know and they think they think of starting a family and having kids is something like it'd be a detriment to their life and it's very upsetting and now you mentioned your to having your first child staying in the pampers one can of food the whole bit. A lot of people are afraid that you know. Starting a family finances is always one of the big major problems. So what kind of advice financial advice do you have a young couple. The young family. That's just out there starting out today. I just gotta say for me. The army was is. I don't think i would have made it if i didn't have kids. If i didn't have my daughter i would have quit. I would have quit. There was too many too much rejection. Just cold calling and cold calling. And i i quit. I would have kept my regular job. Hung out with my buddies had some beer has gone to an occasional game. Whenever i could afford never would've taken a pedestrian route life so for me. Kids were my motivation. So and that's something. I think everyone needs to keep in mind. Listen there's a thing called sacrifice right. My mom made some enormous sacrifices for me. Her parents They made enormous sacrifices for her. And she grew up in alabama Her parents owned a farm which was really remarkable for a black family. In in those days to even own a how own a farm they never had indoor plumbing at least not until the late seventy seventy nine eighty maybe And you know it was just pure hard work. And i used to let them my grandfather in. I was kinda ashamed over the years that i looked. I didn't want to say. I look down on them but i feel like in a while. We're in his place. And i gotta go outside and pump the pump and come back in a bucket of water to take a shower. Get us out house. They don't have electricity at you. Know so i was a little bit spoiled growing up an army basis and i would look at 'em and one pair of shoes that we've turned up at the toe and now it's almost like i'm so ashamed that see how great of a man he was. You know so. Have kids have kids. They'll they'll they'll get you to where you wanna go because the love that you have for them is extra incentive that nothing that no nothing else can ever match yet. Really great soft charles and one thing i talk about on now flipping the coin here one of the things i discussed. All time on this podcast. Is the fatherless crisis that we have going on because we got so many kids growing up without a father or father figure in their life and it's really having a devastating result on our society at one of the main things that a lot of guys will point to is a divorce and they'll say that the relationship was so bad with with the mother their children that they've been either pushed out or they just want nothing more to do with it. I know you come from a divorced family yourself here. What what kind of advice. Maybe do you have here for for the dad. that's listening. That's just on the onset of a divorce and he's about to go through all this stuff. What what kind of ice you have him from a financial perspective in divorce. Dan myself There's going to be tough..

instagram guam charles youtube north dakota air force texas Kenny Charles army alabama Dan
"charles payne" Discussed on First Class Fatherhood

First Class Fatherhood

04:48 min | 1 year ago

"charles payne" Discussed on First Class Fatherhood

"Joining me now first class father charles payne welcome to first-class fatherhood. It's great to be here all right. Let's kick it off like this year. How many kids do you have. How old are they. I've got three kids. i Two kids and a stepson stepson. I think is thirty nine. My daughter's thirty five. My youngest is twenty four. Wow yeah you've been at this for a little bit. How many grandkids. You got five grandkids. Wow wow that's awesome stuff if you could charles. Please just take a minute to hit my listeners. With a little bit about your background and what you do yeah well. My background goes all the way back to. I grew up as an army brat. I part of my life for half of my childhood with all over the world we in fact it felt like we moved every year and we lived in fort lee virginia and a two story house really beautiful setting in early mid seventies And then My parents divorced so we went from this amazing life and my mom my two younger brothers. All of us got on a bus from fort lee. Virginia when what's our harlem and at the time it was the poorest ammos dangerous neighborhood in america so it was like to childhoods to completely without her two completely different childhoods And because i was the oldest. I was sort of thrust in his position of responsibility Before you know growing up. I never thought about things like money. I took a lot of things for granted. I heat and hot water act. I went there in new york. We had neither one I never seen the kind of violence i saw. I never saw junkies. And shootings and murders. But i also never saw that kind of energy. Either you know the sort of energy that new york app particular harlem so it was just amazing world but we were. we were dirt poor So i had to hustle. And initially i would just get paper towels clean windshields at stop lunch and things like that and then i had a job at about dagan. I did a whole bunch of things. I worked in a butcher shop. Whatever i've been hustling since. I'm twelve years old but i knew i had to make money so for the first time in my life. I've thought about it. I quoted it with the stock market. Like everyone does at some point. And i taught myself how to read the wall street journal which is really really hard back in those days. I mean it was really intimidating. The it was it was just papers and pages and pages and pages and lines and columns and it was tough but i finally figured it out but my first mutual fund at seventeen. My mom had to cosign my first docket eighteen. After i joined the air force. When i get out the air force i went down to wall street to look for a job and got one fun. Yeah what an incredible journey that you've had here charles amazing story and so now going from all this along this journey that you've had about how old were you. Then when you first became a father and then had to becoming a dad kinda change your perspective on life. I was twenty two when i became a father and it changed everything. It just it. Put all the focus on my on my daughter right and just making sure i could provide her with this amazing life than it was a party with my friends. I i went to school. When they're forced to go to school. I went to school. None of my buddies did it was nothing for me to take a few classes and come back and catch up with them right. Just got a few brews. And i'm there with it so i was always confused why he didn't do it. But it gave me even more sharpened focus Because of her. And i gotta tell you. I took a big chance. I was working at espn. I was making thirteen thousand a year when i got the phone call. That had the job. It was one of the greatest days of my life For me it was a lot of money. And but i gave it all up for job as a broker just one hundred percent commission. I finally got my first decent check. My daughter had been in the same pampers for over twenty four hours and we had one can of food and a house But time. I wanted to quit every time. I would call a prospect out of those yellow pages. I'd say hi. This is charles fan from coke again. This is charles fan. From and i mean people vote on the twenty four. It was so scary. I didn't think i was gonna make it and then one day. I think this was a lawyer. New york city. I call them up. I read my pitch and he said you read very well. But what do you want. And i thought about it. That was a blessing. I throw away the pitch from narrow out when i call by just had a conversation. Incredible stuff and your story reminds you so much. The the typical american dream story. And whenever i talked to you know people about that american dream a lot of times. They'll snarl at that and they think that the american dream is a joke and it doesn't exist. I mean i. It is possible. I think in your example of that through hard work dedication setting goals i. I still believe that. The american dream is alive and well especially today. It seems like there's more opportunity than ever. I agree one million percent one million percent. You can start a business online. You know you can get everything. Get a lawyer. you can get everything..

charles payne fort lee charles new york army virginia Virginia the wall street journal america air force espn coke New york city
"charles payne" Discussed on WRKO AM680

WRKO AM680

03:21 min | 1 year ago

"charles payne" Discussed on WRKO AM680

"Jobs at the economy and such appointment, you know it was seeing that our economy is still growing, was still recovering. If you look at the three month average share in this country over 500,000 jobs added every single month. On. We're going in the right direction. I think that we anticipate people have anticipated that number is going to be in the million two million. But the reality the reality of the situation is was still very much in the mist of the pandemic. I understand their job to spin, how he but for them to say. It's kind of funny that we're looking at. This is the disappointment like is it or is it just people being factual? Like people on CNN? You don't know anything. I noticed about the report. Remember all that all the time that Obama was president? They would come up with these rosy job reports. And then the next month in the last paragraph of the new job report that sale by the way, we've adjusted down the number of jobs from last month, you know by like 2030%. Men all the time. Donald Trump was president. They would come up with these low ball numbers, and then they went up the number the next month, so now biding his back President again. And guess what happened from last month's job figures They were cut by about 20%. They won't revise the downward as they say, Yeah, and I thought one of the craziest things was because if you follow this when it when they come out with the jobs, reports a lot of these people on CNN and CNBC They're getting them in real time, and they have to run with it because they want to be the first ones to report it. They don't want to switch the channel and so hearing them today how we and the shock to replace some of those Jared I specifically want to play the guy on CNBC because he really was flabbergasted by these Awful numbers. We have the number here just came across. Uh, Sorry about that. It came across very quickly. Here. It looks like 266,000. It looks like it was a big disappointment to 66. Maybe I have that wrong. Let me double check the bureau website here. One second. Yes to 66 is correct. Unemployment changed little change of 6.1%. Hasn't we have some issues here? It's like when people crunch the numbers. Let me check the website again. He's refreshing it hoping it will change. Right. Charles Payne on the Fox business had the best the best take Congratulations. President by you have achieved the progressive utopia at least 7.4 million's job openings, but only 266,000. People got a job last month. Exactly And when people go over these numbers and what's happening, Molly Hemingway tweeted out that video that we just played and she said, Well, watching all of this, it seems like the American people really did get tired of winning. It's the only explanation why we're in this situation, and Joe Biden is just he's and he says that giving giving people more money to not work and to work has no measurable impact on people not going back to work. He's not a fan of the number stuff when it actually measures his failures whose only a fan of it when he could just make them up out of thin air. He's not real good with numbers, period, you know the 400,000 number and the 1920 17. Job numbers. 1920 17 was wild year for the economy. Let me tell you how we do have to say that I love how he's pushing.

Joe Biden Molly Hemingway Obama Donald Trump Charles Payne 6.1% 266,000 CNN CNBC Fox last month Jared three month over 500,000 jobs today One second 400,000 2030% about 20% million two million
"charles payne" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

02:53 min | 1 year ago

"charles payne" Discussed on Newsradio 1200 WOAI

"Know. 60% chance of went to remix, slow snow, rain and sleet. Mm. Yeah, I'm off Monday. By the way, are you? Yeah. I think Charlie is too. So you don't have to make the drive. Sorry. That's all right. I might not have to make the drive. If I can't get out of my subdivision. I'm not coming in. I guess the boss will do the show. Then I got stuff. I can do it from my house. I know how that works, but we'll just try it out for the first time. Why not? It's all gonna be about the weather it Yeah, Yeah. Yeah, that's just not I mean, I live in South Texas. I don't like this stuff at all. Not a fan. See, It's interesting because the kids their day care whatever is closed, Vito. It's for some and service day for President's Day, so I had to take the day off. So I could, you know, take care of my kids. Yeah, so it'll be interesting, but it would be cool for kind of did snow and the kids were home and we go in the backyard. The kids It's a good thing, but I'm not a kid anymore. I know I have a long way away. That's my problem is that the only way to get here for me is beyond a highway? There's no back roads. There is no back roads I used to be able to get to the other place. We were added I 10 and fortune back roads from 1 81. I could take back roads all the way in, but he can't do that anymore. Yeah, Yeah. So I don't careful. You don't know what I'm a do today. By might be calling you later on today to do a test of this stuff, Make sure work just in case kind of prepared just in case because if I prepare for it It won't happen. I can drive in. If I don't prepare for it, it'll happen and I'll be stuck at home and scrambling. Chaos. Chaos is a good way to put it s so stick around. We'll let you know how it goes. And we'll give you the forecast as it changes because you know it. Will that South Texas weather for you. It will change. But we'll keep you up to date because we are your weather station. Right here. Right. We are the weather station. Of course we are today. The official we are today because it's 37 degrees and cold outside. I'm Charles Payne and this is the Fox business report. Royal Dutch Shell parent company of Shell Gas stations saw its business last year slumped to the lowest level in it least two decades. Its earnings dropped more than 70% and it lost money is demand collapsed during the pandemic. However, the company held up better than expected, and it even plans to raise its dividend this year. Mazda's now facing the same computer chip shortages other automakers and says it's considering cutting its global output by me. More than 34,000 vehicles in February and March. General Motors is planning to cut production at several factories, including three in North America. Because of the shortage. Some of the remaining Sears and Kmart stores are closing U. S. A today, says parent company Transform Co. Will close at least 12 Sears and six Kmart stores by midday Probe. That true Fox Business report. I'm Jenny Cho Silda invested in you..

South Texas Charles Payne Sears Royal Dutch Shell Kmart Jenny Cho Silda Charlie Fox Business Mazda General Motors Vito North America Fox President Transform Co official
"charles payne" Discussed on 77WABC Radio

77WABC Radio

01:42 min | 1 year ago

"charles payne" Discussed on 77WABC Radio

"What they do for what our soldiers do that sacrifice their lives, and I just don't care for people that put those kinds of people down. If it weren't for them, we would not have the freedom to complain about what they do now. Will he ever work again? He will question because he's black and he's a great actor. But here's what's ironic about that. Denzel Washington is not a good actor. He's a brilliant, fantastic, Okay if it's Philadelphia, I don't care if it's John Q. Or training day when he played a cop, crooked cop that Zach was great Etzioni. He won one Academy Award one. And the role in training their way plays a crooked cop with Ethan Hawke. My ninja. It was just a just gives you goose bumps watching that movie, But, yeah, he was terrific and imported, You know, you know, the irony is all that here he is. He's actually defending police. And it's on Lee Academy Award came in playing the fucking. I hate what you're saying that little bit of irony there, but It was acting and either way, he's a prominent black male. And there he is out there defending the police and you gotta love this. So there's hope. Folks keep hope alive. A lot of big name guests and fun stuff coming up this hour, Charles Payne Fernando Matteo, said the song savant. It'll be interesting to hear what Charles Payne has to say about Ron Insana and Fernando Mateo has to say about Go to sleep all and Frank Murano and you only gonna hear the ranchers in one place right here on Bernie and said Whose opinion and information never miss a headline like 77. W A. B C on Facebook. W A B C traffic.

Academy Award Denzel Washington Charles Payne Fernando Matteo Ethan Hawke Charles Payne Zach Fernando Mateo Facebook Frank Murano Ron Insana Bernie Etzioni Philadelphia W A. B C John Q.
"charles payne" Discussed on 990 The Answer

990 The Answer

05:52 min | 1 year ago

"charles payne" Discussed on 990 The Answer

"This sort of, you know, pothead waste away type of guy who had no business. Quote, inflating this otherwise worthless stock and the bit was basically you know, this company's worthless. You know, this is your game stops better days are behind it. Um, you know, this is all a scam on a farce in a ruse, and you have no business. Having this kind of money was basically the thrust in the tone of the sketch, and I keep hearing that that this was Ah, game and a scam on another wise working system seems to be the take of the critics. What do you make of that criticism? The system isn't working. You know it. Imagine this is so you're like, 27 years old. You got your first job you're doing okay? And you've got some extra cash and you want to get involved in the market. You looked at your mom and Dad and 1999 and 2000. The brokers community told him. Hey! Load up for the long term. We're gonna give you a bunch of songs, and we want you to buy a home for the next 2030 years. Here's G picked that up in 54. They went to six. Well, how about I? D, um, that only dropped 50%. Hey, also, let's put some of this gnocchi and your portfolio because it's got this number one smart phone company in the world. 36. I went to two. So so That's the system they're talking about. That's perfect. That's working greatly. So then, of course their parents lost and they say, Okay, well, we'll try it again. Then came 2000 and 2009. So these these young adults who have lived through this this is not hypothetical that you know the sales pitch in the brochure doesn't work with them anymore. They know people get rich in the stock market. They want to figure it out by the way. Another notion and you brought it up a couple times. I'm glad you did that. Certain stocks are doomed. I gotta tell you something. It wasn't long ago where everyone on Wall Street said that best buy was doomed. It was absolutely doomed. I could remember going on shows where they had it on death Watch. That's my is $110 a share right now. You know. Yesterday, Amazon reported their earnings. And so Jeff Bezos, he's stepping away. That was the news of the day. There was an article There's a book in 19, and that he talks about a visit to Harvard 1999. I love this because you know, he says he spoke to the class, taking a course called managing the market space. And then afterwards, graduate students pretended that he wasn't there while they just dissected the online retailers prospects. At the end of the hour, they reached a consensus. Amazon was unlikely to survive the wave of established retailers moving online and once that you really seem like a nice guy, so don't take this the wrong way. But you need to sell the Barnes and nobles and get out now. So so, so, you know. Yesterday, Cole's got an upgrade from a major Wall Street firms. The last March. Everyone said that they were going out of business. The day before that happened to another retailer that was supposed to go out of business. You know, Gamestop does not have to be doing that does not have to be going out of business is kind of well recognized Name. You know they're improving your digital strategy. Same thing when AMC, which is another one of these thoughts, you know when we could go back to the movies would probably see a lot of people go to the movies. That's a different experience had been at home. We've been watching on TV at school, but I think there'll be a huge pent up demand ago. Go back to the theater. So You know the notion that a company is doomed. Therefore, we should allow Wall Street hedge funds T to put the final state in the heart if you will, artificially is wrong. And that's part of the system that needs to be looked at and fixed. 1,002,011. I remember sending a DVD back to a company called Netflix and they were doomed. They were doomed. They were absolutely doomed. The list goes on and on about Microsoft did nothing for 20 years until they got a new CEO. I mean, Doomed companies that are doomed that there you know, and therefore will put them out of their misery and then, but in the process of putting them out of their misery will put all the people who work. There are other business and almost small investors own. The stock will bankrupt them as well. Charles Payne is host of making money on the Fox business Network. I'll just close with this question, Charles is this Is this a paradigm shift? Or is this a temporary hiccup? Do you think this fundamentally shifts anything or we still business as usual when this settles out? I hope it. I hope it's a paradigm shift. I hope that these folks just you know they they continue to invest. They continue to in trade. You know, obviously you gotta have some discipline. You know if you're up 300% a week, maybe you take process. You know things like that, Um, you know, there's certain basic investing in trading lessons that they're gonna learn, And sometimes you learn those the hard way. I really pray that these young of the young folks stick with it that they're not discouraged and that they don't turn on each other. And do you think I mean for somebody that's never done this before? Do you? Do you advise jumping in this red it community stuff. Where do you do You think there's a better way to go for learning this? Thank you. I think it's fine to go in there and listen and get ideas. You know, I just I just wrote a book last year and it Zubin. It's amazing. And I because I've done this for over 30 years I've been a broker. I own my own research firm. I've taken my own company public. I know everything about this. I've been dealing with retail investors for three decades, and I know every single mistake they make. I wrote a book on unstoppable Prosperity's. It's sort of a blueprint to try to help you avoid some of the mistakes that you could make and also help you find ideas, toe start to populate your portfolio and actively manage it. So there's nothing wrong with going on these three sites. You know, but at the end of the day, you have to do some of this. Work yourself. You just cannot take tips. Better to go get unstoppable Prosperity by Charles Payne Host of making money on Fox Business Network, Charles I hope we can talk again. Thank you. I really enjoyed it. Chris. Thanks a lot like Weisser. Thanks a lot. That's Charles Payne 7 16 telephone number 6108 50 09 96 108.

Charles Payne Amazon Jeff Bezos Fox business Network Gamestop AMC Fox Business Network Netflix Dad Um Microsoft Harvard Barnes Cole Chris CEO
"charles payne" Discussed on NewsRadio WIOD

NewsRadio WIOD

05:30 min | 1 year ago

"charles payne" Discussed on NewsRadio WIOD

"R. A scandal in the NSC atrocities Convince you you need a watchdog on Washington with insider sources. You need Hannity every day. Glad you're with us, 25 to the top of the hour. 809 41, Shawn, You want to be a part of the program? Everybody I know is fascinated by what has been happening on on Wall Street. And you know, for example, stocks like game stops, stock and and Blackberry stock. And what is an AMC stock? All these different companies? There are $5 a share and then they're explode. I think Gamestop got upto like border and $80 a share. Now it's among their among a handful off. Previously. Wow. Unloved companies. Maybe you could put it that way is the New York Post Put it today. Prices air fuel. Now you've got these big hedge funds and the big hedge funds they charge for every trade If you buy or you sell this, there's commissions associated with those trades. But there are other places where people trade Read, it would be one of them. And so what? They have figured out there's a process on Wall Street, and I'll let Steve Moore explain it more detail and more articulately than I can, where it's part of the process on Wall Street, where the shortest stock and that is that they're going to predict and bet that the stock is going to go to a low price anyway Long story short to do that, you actually borrow somebody's real stock, and they get a piece of the action so that you can then short it and then at some point If, in fact it goes down. You get the difference in the price and the other words, you're betting on it going down big big practice on Wall Street, especially used by the hedge funds anyway, so these independent small guys Got hip to what has been going on in the millions of millions of dollars being made by these big hedge funds Billions actually, and they figured out that they were actually Shorting stocks that weren't even like phantom numbers. They're like, for example, they were shorting well beyond 100% of all the stocks that were ever even available in some cases, 140% And the idea is is when the call comes for these big hedge funds that had shorted the stocks because the little guys have banded together. And coordinated an attack against them. It all backfires and they've got to cover. They've gotta cover massive amounts of money that they never thought would happen. It's pretty fascinating, anyway. Um, my buddy Charles pain over the fox business. Channel exploded on what's going on and the whining that's going on over Wall Street. It's just to me it's pure entertainment. I'm not a wall Street guy. I've said this so many times over the years to me. I think we the little guy the investors. You know what? We're the ones that find out last And when we get in usually the ship of cells and we end up getting screwed on both sides. Anyway, Here's what Charles paints it. I've got the report in my hands and I sent out to my subscribers. And here's the list. The shorts. First of all, all of this nonsense, all of this noise, all of this wanting by Wall Street. It's making me sick. 140% of Gamestop was short. I've been here one person on TV, complaining about Wall Street trying to crush Gamestop 140% short. I told my subscribers by the stock and they made a fortune. Also talking about birds and spaces. Let's virgin. We took profits on that today. Fizz that's up huge Tanja Asses up huge Neil. You can't allow Wall Street too short 75% of the stock and nobody says anything, crushed these companies into the dirt. And then when the individual investor makes money, everyone's up in arms. They're gonna lose their shirt. Don't you think people are trading of the traded 80 billion shares? Today? People are ringing the register. I have a kid who bought a house. He had his. He made $50,000 and bought a house. So, yes, some people gonna lose this summer Gonna win. But if you want to, they want to change the rules of the game now because the general public is making money after decades of the shorts, crushing thousands of stocks into the dirt. I watch stocks being crushed completely to zero, and no one ever went, whispered anything because those stocks and have Wall Street sponsorship They were small names. Maybe they went public to reverse Take over. Whatever it was those sorts of had their way with the market for decades. No one's ever complained about it. So I am thrilled if you were going to try to destroy company by shorting 140% of its stock. You have to accept the fact that individual investors are playing the same game that you're playing, and now you're losing. All right. That was our friend Charles Payne. And obviously very passionate about this. Steve Moore joins us economists well throw of the bestseller Trump a nomics inside the America first plan to revive our economy and look, he knows a lot about this. He calls it a David versus Goliath moment. I'm not going to explain it as good as you but maybe I'll let you do it in your terms and in ways hopefully all of us can get Hi, Sean. And by the way, I love what Charles had to say my good friend Charles Payne, and he was right. He was a great call he made for his investors in buying these stocks. Game. Stop it very low price and boy, those investors have met a lot of money, and I love the story for a couple reasons..

Charles Payne Gamestop Steve Moore NSC Hannity New York Post Shawn AMC Washington David Sean Tanja America Trump
"charles payne" Discussed on 710 WOR

710 WOR

06:11 min | 1 year ago

"charles payne" Discussed on 710 WOR

"You You need a watchdog on Washington with insider sources. You need Hannity every day. All right. Glad you're with us. 25 to the top of the hour. 809 41, Shawn, You wanna be a part of the program? Everybody I know is fascinated by what has been happening on On Wall Street, and you know, for example, stocks like game stops, stock and and BlackBerry stock. And what is it A M C stock? All these different companies. There are $5 a share and then they're explode. I think Gamestop got upto like border and $80 a share. Now it's among their among a handful. Off previously. Well. Unloved companies. Maybe you could put it that way is the New York Post. Put it today. Prices air fuel. Now you've got these big hedge funds. The big hedge funds they charge for every trade if you buy or you sell this those commissions associated with those trades, But there are other places where people trade read, it would be one of them. And so what? They have figured out there's a process on Wall Street and I'll blood Steve Moore explain it more detail and more articulately than I can, where it's part of the process of Wall Street, where the shortest stock And that is that they're going to predict and bet that the stock is going to go to a low price anyway. Long story short to do that you actually borrow somebody's real stock, and they get a piece of the action so that you can then short it and then at some point If, in fact it goes down. You get the difference in the price and other words, you're betting on it going down Big big Practice on Wall Street, especially used by the hedge funds anyway. So these independent small guys got hip to what has been going on in the millions and millions of dollars being made by these big hedge funds. Billions actually. And they figured out that they were actually shorting stocks that weren't even like phantom numbers. They're like, for example, they were shorting well beyond 100%. Of all the stocks that were ever even available in some cases, 140% And the idea is is when the call comes for these big hedge funds that had shorted the stocks because the little guys have banded together. And coordinated an attack against them. It all backfires and they've got to cover. They've gotta cover massive amounts of money that they never thought would happen. It's pretty fascinating, anyway. Um, my buddy Charles pain over the fox business. Channel exploded on what's going on and the whining that's going on over Wall Street. It's just to me it's pure entertainment. I'm not a Wall Street guy. I've said this so many times over the years to me, I think we the little guy the investors. You know what we're the ones that find out last and when we get in usually the ship of cells and we end up getting screwed on both sides. Anyway, Here's what Charles paints it. I've got the report in my hand that I sent out to my subscribers. And here's the list. The shorts. First of all, all of this nonsense, all of this noise, all of this wanting by Wall Street. It's making me sick. Ah! 140% of Gamestop was short. I've been here one person on TV, complaining about Wall Street trying to crush Gamestop 140% short. I told my subscribers by this stuff and they made a fortune. I also talked to by birds and spaces. Let's virgin. We took profits on that today. Visit. That's up huge Tanja Asses up huge Neil. You can't allow Wall Street, the short 75% of the stock, and nobody says anything, crushed these companies into the dirt. And then when the individual investor makes money, everyone's up in arms. They're gonna lose their shirt. Don't you think people are trading of the training 80 billion shares. Today? People are ringing the register. I have a kid who bought a house. He had his. He made $50,000 and bought a house. So, yes, some people gonna lose this summer Gonna win. But if you want to, they want to change the rules of the game now because the general public is making money after decades of the shorts, crushing thousands of stocks into the dirt, I watch stocks being crushed completely to zero on no one ever went, whispered anything because those stocks and have Wall Street sponsorship They were small names. Maybe they went public to reverse Take over. Whatever it was. Those shorts have had their way with the market for decades. No one's ever complained about it. So I am thrilled if you were going to try to destroy company by shorting 140% of its stock. You have to accept the fact that individual investors are playing the same game that you're playing, and now you're losing. All right. That was our friend Charles Payne. And obviously very passionate about this. Steve Moore joins US economist author of the bestseller Trump a nomics inside the America first plan to revive our economy. And look, He knows a lot about this. He calls it a David versus Goliath moment. I'm not going to explain it as good as you but maybe I'll let you do it in your terms and in ways hopefully all of us can get Hi, Sean. And by the way, I love what Charles had to say my good friend Charles Payne, and he was right. He was a great call he made for his investors in buying me stocks. Game. Stop it very well. Price and boy, those investors have met a lot of money, and I love the story for a couple reasons. One is he is a child is absolutely right that it should be almost criminal that you can. You can short the stock even more than the stock is out there. I mean, it's a torpedo right in the middle of the ship, and it can destroy good company Sean on. You know, I don't have anything against shorting stocks. That's how the stock market works. But this is a procedure that's used by the big big trading companies. Torto really destroy good companies, and by the way, then the little investors go down and this is this is an example of the little investors banded together through Reddit, another groups. By the stocks, which by the way that that hurts the short sellers because then you know they're betting on the company going bankrupt..

Charles Payne Gamestop Steve Moore Hannity Washington New York Post Shawn Sean Reddit David Tanja US America Trump
"charles payne" Discussed on News Radio 920 AM

News Radio 920 AM

02:24 min | 2 years ago

"charles payne" Discussed on News Radio 920 AM

"On Wall Street, and you know, for example, stocks like game stops, stock and and BlackBerry stock. And what is an AMC stock? All these different companies? There are $5 a share and then they're explode. I think Gamestop got upto like border and $80 a share. Now it's among their among a handful off previously. Wow. Unloved companies. Maybe you could put it that way is the New York Post. Put it today. Prices, air fuel, Then you've got these big hedge funds. The big hedge funds they charge for every trade if you buy or you sell this those commissions associated with those trades, But there are other places where people trade read, it would be one of them. And so what? They have figured out there's a process on Wall Street, and I'll let Steve Moore explain it more detail and more articulately than I can, where it's part of the process of Wall Street, where the shortest stock And that is that they're going to predict him. Bet that the stock is going to go to a lower price anyway. Long story short to do that you actually borrow somebody's real stock, and they get a piece of the action so that you can then short it and then at some point If, in fact it goes down. You get the difference in the price and other words, you're betting on it going down big big practice on Wall Street, especially used by the hedge funds anyway. So these independent small guys got hip to what has been going on in the millions of millions of dollars being made by these big hedge funds. Billions actually. And they figured out that they were actually shorting stocks that weren't even like phantom numbers. Like for example, they were shorting well beyond 100%. Of all the stocks that were ever even available in some cases, 140% And the idea is is when the call comes for these big hedge funds that had shorted the stocks because the little guys have banded together. And coordinated an attack against them. It all backfires and they've got to cover. They've gotta cover massive amounts of money that they never thought. What happened. It's pretty fascinating. Anyway, Um, my buddy

Charles Payne Gamestop Steve Moore New York Post Sean AMC Tanja David Um US America Trump
"charles payne" Discussed on 790 KABC

790 KABC

07:42 min | 2 years ago

"charles payne" Discussed on 790 KABC

"Following the game stop saga continues to unfold today. Over the past few days, Essentially a bunch of people on Reddit decided that they were going to Jack the hedge fund managers. Hedge fund guys have been Super aggressively short selling Gamestop Bunch of ready guys decided. Hey, these guys have actually exposed themselves and so they went ahead and started jacking up the stock of game stock. Gamestop, therefore, creating what is called a short squeeze, forcing all these guys to buy back the stock at exorbitant rates. This has led to billions of dollars in losses for the institutional hedge fund managers. And then that In turn, led to a bunch of trading APS ranging from TD Ameritrade to Robin Hood to basically stop this sort of trading altogether. Joining some line to discuss is Charles Payne, He's host of making money with Charles Painted airs weekdays from 2 to 3 P.m. Eastern on Fox Business Network. He's also a contributor to Fox News Channel. Charles Great to talk to you. Thanks a lot Good to talk to you A swell So why don't we start with the original story here, which was a bunch of reddit guys essentially deciding to band together and take down hedge fund guys. Some people are treating this as a sort of morality play that they're going after the shark traders. The short traders are morally bad. The ready guys are morally good. I think that's a bit oversimplified. It seems to me that the short For the short selling is not in and of itself immoral and these guys just took advantage of a vulnerability in the market. And it happens to be kind of Hillary is that a bunch of ministers just took down some hedge fund guys? Yeah, No, it's it's intriguing. It's been going on for a long time, and it's I think it's also part and parcel of a wider populist movement that we've seen over the most recent years around the world on it. See, it's the rising up of the small voices in this world. T to collectively have a larger voice. And I got to tell you, Ben it really for me. The big moment was not now not this period at this moment, but last March in April When the market was in free fall and all the experts that were going a lot lower. It will be years before we recover. Individual investors stepped in and said Not this time. You told me that in 2000 and nine and I sold everything at the bottom lost my shirt. You told me that in 2000, I sold everything at the bottom and lost my shirt. This time, I'm going to do something a little bit different. I'm going to be buying a weakness, which is the first acting of investing or trading buy low sell high and so the that that there was an independent They grabbed and they took and as the market went up all the experts every time you look no matter what financial media whatever Wasp Oh, this market. I don't know who's buying their. They're not smart. It's gonna go down. Whoa. I don't know who's buying. You're not smart. It's gonna go down. Well, you know what? Since that period that the dumb money if you took Goldman Sachs as a an index of the dumb money stocks of you Well, there are 80% where the SNP's up about 22%. You know, but the narrative never changes. As far as this shorting thing is concerning is shorting. It's fine, if you if you want to short of stock, you think that then it's overvalued and you borrow some shares and you sell it at a certain price Thinking later on, I'll buy it back in the lower price. That's fine. What what's happened over the years? Is that really that's not what's been going on a lot of these very powerful hedge funds they short companies to put them out of business. They short them not for the stock to go from 20 from from 50 to 20 before they go to 50 to 0, and they launched campaigns and and they get platforms like television programs. And, of course, the very powerful and this and these reports, get out to all the right people. And if you if you layer that these campaigns Destroy these companies with the fact that you can keep selling stock you don't own Forever. You get more shares and even out there, that's artificially pressuring the stock. That's not the same thing. I think it's gonna go down. That's saying I'm gonna make you go down. So Charles wasn't one of the questions that I have here is that there is obviously some manipulation of the stock market that occurs from institutional actors. What kind of fascinating about what just happened here? Is that the folks on Reddit are openly saying that they know that they're overvaluing the stock. They know that they're purposely creating a stock bubble in order to short squeeze the institutional investors. My concern there is that If Americans start to see the stock market is nothing more than just a casino with a variety of strategies for making money, as opposed to a mechanism that yes makes a lot of people a lot of money, including for one case, including most people in the United States, but also actually is designed through aggregation of information to properly priced stocks if we stop seeing any social value to the stock market, My concern is that was actually going to lead to is people withdrawing from the stock market entirely and if, in other words of people are overtly saying, I'm screwing with the stock market just to make money as opposed to, I'm trying trying to properly value the stock shorts are part of that that this could lead to a lack of institutional trust that could actually cripple one of the only wealth making centers in America's economy over the past 70 years. Yeah, I disagree. 1000% that you're talking about exist now. Okay, You know that if you take out for one K ownership, you know, the ownership of stocks has drifted a lot, particularly even if you look at E T f influence where you do have some inflows. Ah, lot of that goes to bond market has gone to the bond market. A trillion dollars were going to the bond market over the last decade where 100 billion is going to stocks. And most of that's going to emerging market socks, not even American stock. So that would you've described has already happened. The lack of trust in the institutions that run Wall Street that was blown to smithereens when they were Belle about for their reckless actions with the American taxpayer dollars backstop a trillion dollars of reckless actions so that people who go to work on helicopters from the Hamptons Am still by their fuel, never have to leave. Never understand what foreclosure is. So that happened a long time ago. This democratization of the market is bringing people back into the market. You cannot believe the white swap of people who are now getting in this market. Every age group every political background they are singing as okay. I mean, it's not you pick up Forbes magazine for 44 400. They all have one thing in common right? It's the stock market in there Cos of publicly traded or they bought stocks. It's the greatest wealth creation machine in history and throughout history. All Wall Street has told people will tell you what, seven year cash, put it in a fund and will make your fiber 8% a year. And here's something you can do that then. Take a look. Every earning season. Look at what these firms Goldman Sachs. If they make less than 40% trading, the stock goes down. So why is the bar so high for golden and they 40% every three months? But you should make 5%. Mr. And Mrs America know what you've described is already happened was happening now could democratize the market even more. Create more information. Listen, is a learning curve to all of this there and by the way, the red of folks just part and parcel of up to 20 million people who've opened accounts. My my, my nephew. He's a single dad of two. He opened an account last year. You've got some four. He's got some of this s O to make them sort of representative of everyone now, who was sort of seeing the light that they should be invested is also a mistake, So I just think that the Wall Street is blown it. Long time ago. The arrogance of Wall Street has blown in. The greed of Wall Street has blown it. And people are saying I want to control my own destiny. I wanna have a little bit more say in what happens to the money that I worked hard to earn in the first place. We'll get some more with Charles Payne in just one second. First I've been talking about express VPN on this show for months. Why haven't you gotten a VPN yet? Ladies and gents, I'll tell you this. There has never been a more important time to protect your digital rights. It's why I and thousands of my patriotic listeners choose to secure our online data by using.

Charles Payne Reddit Goldman Sachs TD Ameritrade Gamestop Charles Great Robin Hood Charles Painted SNP Jack Fox Business Network Forbes magazine Hillary Ben Charles United States Belle representative
"charles payne" Discussed on KHVH 830AM

KHVH 830AM

06:38 min | 2 years ago

"charles payne" Discussed on KHVH 830AM

"Where are you? You are getting treatment for stage for advanced lung cancer. You don't even know if you're gonna be feeling well enough to show up on Thursday or Friday. It turns out that you are you show up on Thursday. You haven't been there Monday, Tuesday, Wednesday, and you end up dominating the analysis. Of the big financial story of the week. And then one of the staff members here said. In addition to that, that's a great compliment. By the way, I'm Very great performance. One of staff members here said. You know you are your own best PR person. And that's a you know, that's true, but it's a bummer. That in 30 years there isn't anybody but me. Who could explain what I do? There's nobody but me. Who would explain how I do it? I remember when I first When I first entertained the idea of hiring a PR firm Cause that's what you did. So I went through the motions. I was interviewing these guys. Various companies. And I noticed That every one of them's of what would you need to do? You need the calls such and such a The New York Times and explain who you are and how you do what you're doing. And then you need to call the wash. What are you gonna do? I just did it. I just advised you what? You've got to do it. So why do I have to make the call? Why do I have to call the New York Times? Why do I have to call the one? Why don't you do it? Well, you're you're seeking our advice You want to hire rested your PR firm were telling you what you need to do. So what you're telling me is I don't need you. If you're just going to add to my work load, I don't need you. And so I've never had a PR firm. I've never had an agent. I've never had quote unquote representation. Because there isn't anybody out there who can explain what I do and how I do it, Even after 30 whatever. One years or however many it is. And it's probably a good thing all in Guess it's one reason why I'm still doing it. And still unique. After 31 years, there's not a soul out there could explain what I'm doing and I'll tell you what this game stop story. Given example, there is a piece here by freedom powers. At best pack review dot com And this story is basically nothing but quotes of what I said yesterday. The first paragraph explains what the story is. And then every paragraph after that. Well, the next 45 Paragraphs six program sort of what I said. They didn't even try to rework it in their own words. And I need to thank free to power because I have never been this accurately quoted in this long a story. That I can remember. It's uncanny. Normally in a story this long that quotes me, they're going to get a bunch of things wrong. They're going to misinterpret they're gonna miss analyze or they're going to misquote this thing. None of that. It is accurate from beginning to end, radio host Rush Limbaugh compared the surging Gamestop shares and the latest frenzy on Wall Street to the political battles. Between the establishment of everyday Americans in politics. Host told his listeners on Thursday that the surge and trading volume in game stops stock price. It skyrocketed, thanks to a group of reddit users was the most fascinating thing. They were current a while noting the similarities between today's political landscape. And the way platforms such as Robin Hood and interactive brokers stepped in to restrict trading. And then they quote me accurately. Folks is not just politics. Now, The elites are bent out of shape that a bunch of average ordinary users Figured out how to make themselves billionaires, and that quote shows up all over cable news last night and this morning now, what's the latest on this? Well, you know, it all depends on how deeply you want to go. I was watching Charles pain today. Charles Payne goes back and forth between the Fox business Network. And a Fox News network. And I think I saw him being interviewed. But Bill hammering wasn't Fox Fox News. And he was he was talking about you as an example the financial crisis in 2000 and eight Does anybody remember that? That zwelithini years ago now That Was a central Seminal event. That Led to the election of Barack Obama because you know what McCain did. McCain Canceled his campaign. And it wasn't blazing any trails anyway. McCain suspends his campaign to go back to Washington to monitor events. Suspends his campaign. Financial crisis is more important campaign. No, Your campaign is how you're going to fix this, But he suspended Cameron and Obama didn't and Obama was left own the issue. And, of course, the financial crisis of 2008. When Charles Payne was discussing it today, he used it as one of the examples of white people today are so ticked off still at the elites. In finance. Now, remember what's going on here? He is all this game stop story from From my standpoint, I mean, the financial aspects of it are fascinating and the idea that people can For example, the people that knew what they were doing in one day earned their kid's college education. In one day. This has not been possible. Well, it's been possible, but it's not been as As accessible as it is now. In one day, a lot of people trading in this in this stock were able to earn enough money to pay their kid's college education four years. In one day. Which will lead me to further analysis of this here in just a second. But Charles Payne was talking about.

Charles Payne McCain Barack Obama The New York Times Fox business Network Fox Fox News Rush Limbaugh reddit Robin Hood Gamestop Bill hammering interactive brokers Washington Cameron
"charles payne" Discussed on WMAL 630AM

WMAL 630AM

06:06 min | 2 years ago

"charles payne" Discussed on WMAL 630AM

"Dot com. You know the good part of this game, stop conversation and Wall Street bets and all these people who are jumping into the market and going to war against the hedge funds. Is it starting to reveal something? It's a bit of an emperor has no clothes moment. That boy, A lot of this has been going on for years in the stock market is just not traditionally done by retail investors. Those people are typically exploited. So when you and I go on, like a little retail investment platform, and we're like trying to do our individual stock trades, what happens to us? Well, there's a lot of people were taking advantage of those trades really quickly through high frequency trading. There's they're intercepting you on the front end. They're figuring out ways to drive to make money off of normal. Retail investors, and they're also taking advantage of the emotions of retail investors right of just individual investors who are trying to, you know, make a couple bucks for their family. It happens all the time. And the value of companies doesn't always match what they're actually worth. One of the big examples of that right now is Tesla. It's Tessa really worth its valuation? Most people aren't even Wall Street was like, no, Not really. But it's at sky high levels to the point that you'll on musk is right now the richest man on the planet The richest man on the planet. It's all very fascinating, but it's exposing that there's a lot of fraudulence that runs through this system. And so I may just take you back to last year. There's all the all the whining that's going on right now, about Wall Street bets that that you just heard. Charles Payne talking about Remember last year as everything was starting to feel like, okay, Gosh, this Corona virus pandemic is worse than we thought like there's there's something going on here. Well, One of the people who helped accelerate the panic is a guy called Bill Ackman. Bill Ackman is a hedge fund manager and he went on CNBC, which is typically where these things happen. These guys, these guys will go on CNBC, and then they'll start placing emphasis on something that's about to happen in order to drive market performance in some direction. Bill Ackman goes on CNBC and he starts screaming that the sky is falling. And that quote Hell is coming. Listen to that hell is coming. This was a feeling like I've never had like there's a tsunami coming, right? Tsunamis coming and you feel it in the air, right? The tide starts to roll out OK and on the beach. People are playing and having fun like there's nothing going on. And that is the feeling I've had for the last two months, Okay? And my colleagues at work, Okay. Thought it was a lunatic. We need to shut it down now. America will end as we know it. Okay. I'm sorry to say so. Okay, unless we take this option. Okay. That was Bill Ackman. Okay, Okay. He says they're lot. That was Bill Ackman in mid march, right? Mm hmm. In less than a week when the market began actually plummeting, Encouraged by people like Ackman, who went on CNBC to tell them the sky was falling. He drives a $2 billion windfall from a bet that he had made against the market's performance. $2 billion he made off of the market crash. He subsequently took that $2 billion and then re invested it in now destroyed companies, which are mainstays in order to drive the ultimate profit that he was able to recoup through the growth over the course of last year. So Bill Ackman, a hedge fund guy goes on TV plays a role in manipulating the extent of the market's decline. Benefits from it. And that makes a ton of cash on the chief companies. And now what? We're right now. What we're getting is claims that well, the regulators really need to step in because this guy with $5000 he invested in game stopped at the wrong time. Yeah. Yeah, And they're very upset with with all these things that investors on a social media thread for you know, I guess regular investors, but also amateur investors who belong to this group who talk about you know what do you buying? What do you seeing, you know, give each other's tips and help each other with their online trading or however, they choose to do it. It sounds like a lot of online traders who do this. And they figured out how to make a better mousetrap. And now the mice are not super happy about that. It's supposed to be there game. They're the only ones who get the cheese, and these guys figured out how to get the cheese. And so they're not happy at all. Now, they wanted. As you said to your point they wanted regulated. They want these people stopped. And they're they're Subreddit Group actually was taken down for a little while. Yes, And then they reorganized. Now, the problem over it read it is that there's a Subreddit group. There's a new one. And so the original one now has been like it was always private. But now it's locked, and they're not accepting new members. And so so you've got this other sub group and apparel recon. We belong to the other one. If you have so much quote unquote karma. I don't even know what that is. And so it's. It's a big mess over there. So I'd be very careful if you head over to read because I did. I went over to read it to see if I could find this group and see what they're talking about, like everybody else. But apparently the one that you can see now is not the group. There's a lot changed. A lot changed overnight because the group as you noted, went private last night. Additionally, there discord server where they normally do real time communication about what they intend to do was shut down yesterday on the basis of dangerous speech or some some some other pretext. But what's happening now is like the forces. The powers that be are are descending really quickly to shut off the ability for this to occur. Charles Payne, who we just heard from a few minutes ago, he went on Tucker across the show last night to say Look, any time you want to stop Insurgent movement of any kind. Anyone anytime you want to knock out the ability for a movement to do anything? What do you do? Get rid of their communication. Exactly. You cut off their communication first, and that's what started happening last night. There is imagine. I mean, if you have if you're the type of place that can lose $10 billion In the course of 72 hours. You probably also the kind of place that has tremendous amount of power to reach out to your friends in these gigantic communications companies and say, Hey, look, you know it's a real problem. What's going on here you're doing this is illegal activity. You want to get to get my lawyers involved, Do you?.

Bill Ackman CNBC Charles Payne Tessa Tesla America fund manager Tucker
Trump to Nominate Eugene Scalia for Labor Secretary Job

Phil's Gang

08:11 min | 3 years ago

Trump to Nominate Eugene Scalia for Labor Secretary Job

"Eight hundred home owners of the sixty nine you sixty nine million US homeowners so they're owned by the one one hundredth of one percent control everything they say and the one one hundredth of one percent or twenty hundred individuals in twenty eight hundred US homes of sixty nine million homes at south tiny this group as control everything controls everything and controls with these people on these TV shows say because remember these twenty eight hundred people the top one under one percent they control all the shares and all the biggest companies and all the biggest five hundred companies they control all the shared they control all the shares in the form of thanks stocks the control about what forty percent of the market they control so they control these people their job is to make you feel good so you go out and spend spend more money than you have because they got confidence that these guys yours are going to another QVC and another stock buyback now listen to this are you in today I'm listening I wanted your Majerus Thomas is this well I think summer's moving with the rest of the metals and it's moving with the rest currencies it's a trade it's away from fiat currency with interest rates globally solo people are moving into alternative currencies being the metals being crypto currencies as a silver seems to be training but you may call cold still outperforming over the last year since the China terrorists took place silver real into performing gold so that might be an area to look for if you're gonna look to trade the metals here really is a little late is it me not sure why because my members I had them in silver posh I had to sell short starting in February we had a return those members had a return of twenty six percent selling short when we identified that it wasn't going to go down anymore wasn't going to be a good short anymore why would we go and look for something else to shore that doesn't make sense because of pasta is down twenty six percent then all the other groups would be down at least twenty percent twenty six percent just got a stupid when you know you're in a stock and is going down and you said I better get out because going up whether wanted you just turn around stay the same stock we did so Pasaje my member stay in and let's put our position and now we bought a June seventeenth we're up twenty seven percent already in posh so when it went down we mitigate any losses by being short we had a twenty six percent gain then we turn around we bought it back in out of twenty seven percent so what you have to flip from start to stop that stupid let's talk about go all these guys were little late though aren't they they're talking about you should be looking a silver gold now what do you not should not get we bought in June June third we're up to eighty five percent eighty five percent gold itself wrote nine percent mining stocks which I love GTX wrote fourteen percent Hey you wrote fifty two percent is your mining stocks and not get eighty five percent so we're way ahead of these people these gibber jabber disposed to make you feel good so they always get you in exactly at the time is going to turn and go the other way the opposite way in an amazing now listen to this these are the genius you listen to on these TV programs I got a Robert sorry please Robert I'm calling about Harley Davidson now for about ten years since it's now trading around thirty six dollars for our leader I think the problem with Harley is not necessarily what people worry about comes of imports it's the demographic it's just an older group of people who write Holly my no no no he's full of garbage Kramer's full of garbage the problem isn't with Harley the problem is with the investor yes with guys like Kramer that's the problem Harley is fine a guy gets into a stock isn't for for ten years he holds on the stock from fifty dollars to thirty six dollars and during that time this guy was up fifteen percent sometimes twenty percent but he held on to it he held on to it now he's down forty eight percent when I looked at it quickly it was the I think twice she was up over twenty percent at least never took of profits by your whole buy and hold I don't hold why because a juror javers they're there to make sure you feel good the don't worry bout everything's fine because you could depend on the federal reserve they're going to come in and they're going to reduce rates rose the reduced rate you're going to save us markets are gonna go down again no there's nothing wrong with Harley Davidson was a wonderful stock the wonderful stock wonderful company what's wrong is that the investor's adult and he's listening to a dope we got to go playing off each other some believable that's what's wrong you don't push it is showing some believable that's what's wrong so again ever they lied to us about inflation all the time don't today sure they lie about inflation they would say to us brought over the last six years the for reserve I met Josh thank you Paul our targets are targets to push our target is to push our inflation target you we haven't hit yeah our place for seven years there is a third place start to percent they never had it yet Daria won't all in place why what a lie like that because they have to lie because remember if they admit to inflation they got a raise rates but they're not going to raise rates because remember their jobs and make sure you have confidence in them they're going to be there they're going to protect you and make sure your investments are just terrific here are you going to make money and every time the stock market goes down they want to instill confidence in you don't worry stay with it another brick let's keep build that wall worry don't worry about it every time we get a new home sales crash in may new home sales down seven point eight percent don't worry that's just another part to the wall credit card delinquencies at the highest level don't worry about it what this keep building the wall with all this bad news we're going to be just fine because why wouldn't we we got guys like Charles Payne is still on fire yeah yeah gotcha so why not who cares the housing permits are collapsing when you got really every economic aspect that our country is the best it has ever been so so there's two branch right there you're going to add that on top of the wall or to retire and we're gonna keep climbing it because you got this great confidence in the economy that's what their job is to tell us we have great confidence the great confidence in the sellers are always going to have your rates are going I was going to lower rates are going to some will never see the mark go down again this is Shelly join my gang eight seven seven six hundred gang were every day you join our gang you follow our portfolio pick one stock from it and listen to every day we put a video what our stock how do you go wrong so caterpillar we only have a scout for a long position a scout is one share just keeping us engage with the stock until we are ready to buy more shares so if you're looking at your stuff how can you lose money we tell you exactly what to do

United States Twenty Six Percent Eighty Five Percent Twenty Percent One Percent Twenty Seven Percent Thirty Six Dollars Ten Years Forty Eight Percent Fifty Two Percent Fourteen Percent Fifteen Percent Eight Percent Fifty Dollars Forty Percent Nine Percent Seven Years Six Years
Fox Business host apologizes after guest makes derisive comment about John McCain

Indy's Morning News with Tony Katz

02:20 min | 4 years ago

Fox Business host apologizes after guest makes derisive comment about John McCain

"Candidates for lieutenant governor attack the front runner during an atlanta press club obey wsb sandra parrish is one of the panelists senator david schafer who is by far leading the three way race was accused of being untruthful by his opponent jeff dunkin who holds second in the polls you seem to have a problem with the true he went on to attack schafer's vote on sweeping adoption bill saying he hindered its passage while schaefer claims to have champion did not a single one of those things that you said is true shaefer also went on to say he supports the metoo movement that regrets unfounded sexual harassment claims against him took away real focus from victims sandra parrish wsb the pentagon points to multiple failures contributing to the deaths of for us servicemembers ambushed in each year last fall was seat of their pants and the operation itself wasn't really planned out well and they don't have the proper overhead drone surveillance could help them out they don't have additional forces nearby there were so exposed when this ambush happened on that it was just a setup for total disaster abc's louis martinez says a special ops command will decide disciplinary action the fox business news host apologizes after a guest says on air that torture worked on songbird john mccain charles payne calls the comment false and derogatory arizona senator urges colleagues not to confirm gina hospital as cia director because of her use of enhanced interrogation techniques a white house staffer dismisses mccain's opposition saying quote it doesn't matter he's dying anyway mccain's battling brain cancer rudy giuliani leaves his law firm rudy giuliani resigned from greenberg shoring saying it's in everyone's best interest giuliani had taken a temporary leave from the firm one of the nation's largest but decided to make it permanent after the firm said he recognized his work for president trump is all consuming abc's aaron katersky says it may not have been tireless giuliani's choice is high media profile bothered some of his partners former ups worker files a change of address form and gets mail intended for ups headquarters in atlanta rerouted to his apartment in chicago twentyfouryearold do sean henderson spruce is now facing charges of mail theft and fraud allegedly deposits nearly sixty granted checks for ups and his own account he claims it's just a mix up wsb news time five nineteen we're paintings holding things up on i eighty five in northern gwinnett county in less than two minutes the only fiveday forecast fun radio accurate and dependable on news ninety five five and am seven w sp brought to you by right up past management they handle bugs.

Gwinnett County Sean Henderson President Trump Greenberg Brain Cancer CIA Charles Payne John Mccain Pentagon Harassment Schaefer Senator David Schafer Atlanta Sandra Parrish Fraud Theft Chicago Aaron Katersky
Steel, sunset clause cloud NAFTA talks, as ministers press for deal

Kilmeade & Friends with Brian Kilmeade

02:31 min | 5 years ago

Steel, sunset clause cloud NAFTA talks, as ministers press for deal

"Welcome to the brian kilmeade show i'm charles payne filling in for my friend brian kilmeade lots going on today in washington dc president trump and first lady melania hosting francis president emmanuel macron and his wife a lot at stake as we see the first state dinner for this new administration on the agenda first and foremost probably the iranian deal the europeans would like to see a stay in this deal but we know that it's extraordinarily flawed and there has to be changed speaking of changes also this could be a big week on nafta negotiations we see the canadian foreign minister along with the the counterpart in mexico coming back to the united states for more extensive talks with our representative lighthizer i think something is going to happen i think is going to be monumental and i think americans will benefit from greatly this it's it's great to have the prosperity around the world in fact you could say we've had about seven or eight hundred million people joined the global middle class over the last two decades and that's good because we wanted to buy whirlpool washing machines and harley david mona since motorcycles and things like that but we don't want this to happen at the expense of american factories closing jobs leaving and unfortunately that's been a part of this does this this story that wall street refuses to see refuses to acknowledge the the economic elites of this world continued to tell the american public hey because you get cheap plastic stuff at walmart does a great deal for you you know i think almost everyone listening we pay just a little bit more if it meant that the factory was in their backyard as opposed across the pacific or the atlantic the stock market having a pretty good day so far lot earnings are coming out very impressive stuff so far i love what's happening but more important than the market i love to underlying narrative i loved the idea to caterpillars leaning away earthmoving equipment you have to move this earth to build things to build buildings to build factories to build homes speaking a homes poultry homes rocketing having an amazing session perhaps one of the best it's ever had greater earnings the ceo saying it's all about the economy the family coming back to buying homes again i love the notion that we may see family home family formation improve along with entrepreneurship and.

Emmanuel Macron Mexico United States Walmart CEO Brian Kilmeade Charles Payne Washington President Trump Representative Two Decades