35 Burst results for "D.C."
Rep. Lauren Boebert: Holding the Line on the Debt Ceiling
"One of the other things you guys fought for ladies is some fiscal restraint We're going bankrupt We're $30 trillion in debt It won't be a formal bankruptcy we can print money but it will be a de facto one through inflation Your money will just be worth nothing How do you see the debt ceiling debate which is getting hotter by the day now as we get closer to some serious deadlines progressing I had I think it was Jim Jordan on and he insisted that they were going to hold the line How do you feel about that Yes So when it said that we're going to hold the line I think we've proven that we mean it We were able to get amazing concessions out of the speakers race One of them being a balanced budget being brought to the floor But before we do that we do have to deal with this debt ceiling issue that's at hand Democrats went through a complete spending spree in the name of COVID in the name of a pandemic And now here we are hitting our debt ceiling again that was just raised We brought in a record $4.9 trillion into the treasury And it shows that Washington D.C. does not have a revenue problem We have a spending problem So there absolutely has to be serious cuts And I think some of the things that I'm floating out there we're all getting together and organizing our thoughts on this But one of the things I'm floating is first of all take that $600 billion that's left over that unspent COVID money that was approved by Congress And put that towards it We certainly need to end the COVID emergency because there are people who are still on Medicaid that can not be kicked off Medicaid They could be working well able body adults working and they are not able to be kicked off Medicaid because of the congresswoman
Raheem Kassam Weighs In on the Pence Document Discovery
"We think about the Pence discovery of documents? We actually haven't talked about this yet today. It was the breaking news yesterday. What's your take on this? Yeah, I did a I did a short podcast on my substack, there's my little plug for that. Yesterday, when this happened, not least because of course, Mike Pence had already gone out there and said, no, I would never do this. I've never done this and then sure enough, you know, transparent that he had. And that's interesting enough in and of itself. I'm not sure why you would voluntarily offer that information if it were if it were false or you knew in some way that it would fall. So odd as far as that's concerned. But the bigger picture about all of this is and you mentioned the polyp bureau earlier. And I think that's a really great word to use as far as the Washington D.C. set is concerned because what are they really trying to do here Vis-à-vis declassification? The trying to make it seem and you've already seen the op eds, The Guardian, The New York Times, I've read one in The Boston Globe as well. Yesterday. The declassification process is so dated and we shouldn't have to rely on these old men to not steal documents away from whichever government department or whatever part of Congress that they had ever worked in. And that everything is basically too old and white and pale and stale. And what we really need is a committee driven approach to this, right? Which they mean a polyp bureau driven approach to this. The people like Alexander vindman should really be in charge of this the national security apparatus in D.C. should decide what gets declassified. Well, what happens, Charlie, if the national security apparatus is in charge of releasing information pertaining to the national security apparatus? Will they hide their malfeasance? That's what happens. I think that's the broader brush stroke here that they are trying to subsume power away from the commander in chief. So
How Did We Get Here? Devin Nunes Explains
"First, can you give us your take as somebody who's, you know, been responsible for matters of national security, especially in the intelligence community for oversight. In this ever burgeoning scandal, every day there seems to be another iteration, another facet, first it was the Penn Biden office in D.C. with the closet with the TSS CI documents, then it was the garage with the Corvette, then it was his private library, now we find out thanks to that document, it wasn't Joe Biden's home, it was Hunter Biden. So, and now we find out that Hunter Biden may have had access to those top secret documents. How far is this going to go? What do you think is behind it? Give us your expertise as the former champion. I think for this for this hour that you've been very gracious to have me here. I think we need to back up from all of this. And how did we get here? We got here because the national security division at the DoJ and the FBI are hopelessly corrupt. And Obama, his team, they knew exactly who they were doing exactly the right people to put in place there, so that it would become essentially, I think I've heard you say this, but the Gestapo for the Democratic Party. And everything from that, you can build off of that, whether it be the Russia hoax or this latest FBI guy or the fact that the Hunter Biden laptop from hell was censored before the election. All the way to why hasn't anything happened to Hunter Biden? I mean, all of this stuff is related. And they use the national security division as you very well know. Because they can wall it off and silo it from the rest of DoJ and the FBI.
Joe Biden Now Sending Heavy American Tanks Off to Ukraine
"War in Ukraine, Russia's invasion of Ukraine is increasingly murky. It's unclear exactly what does success look like there. And why is the United States getting more and more involved? So the Washington D.C. ruling elite are insistent that Ukraine is close to a massive breakthrough that Ukraine is taking back land that their liberating cities. Now that very well might be true. I've seen conflicting reports on that, but let's pretend that's true. Let's say Ukraine is marching forward, but then what does absolute success look like? I don't think we have it in the cut sheet, but if you guys get Lindsey Graham, flanked by the two Democrat senators, lady Graham went to Ukraine just to continue to beat the drums of war, and you have to wonder why does a foreign nation, again, Ukraine is not America. Get so much attention, so much funding. So much energy, so much enthusiasm, breaking right now. Biden will send 31 Abrams tanks to Ukraine. Which will assuredly escalate this proxy war of Ukraine versus Russia. Now, some of you in this audience are very pro war in Ukraine. I won't say a majority of you actually think a majority of you are right where our opinions are on this program. You're exhausted. You want our leaders to actually care about our own country. It's kind of a crazy concept. But some of you say, hey, Charlie's most important thing. We have to try to push back Putin Putin is modern day Hitler. I don't think that's true. I do think Putin is a bad guy, but not everybody you don't like who's in charge of a country's Hitler. Just not responsible. It's not fair. It's not true.
Why Hasn't Joe Biden Addressed the Albanian Prime Minister?
"But one of the most disturbing angles a former FBI agent reached out to me yesterday disgusted by this whole indictment as FBI guy who's alleged to have taken money again from overseas folks To get people arrested and locked up here and to get other people to do basically political things here right Those are the allegations He was so disgusted by the piece But the part that bothered him the most and I didn't get to dig into yesterday too much because the story was so big and broad I had to kind of just move through it rather fast There are people in D.C. if you read this Washington examiner piece by Tom Rogan from 2022 that have been really concerned about why Joe Biden who is our the Americas effectively CEO our chief diplomat It's at the Secretary of State Joe Biden ultimately is going to be the one doing the negotiations for something serious There are people in D.C. who've been really curious as to why Joe Biden has done nothing about the Albanian prime minister who quote according to Tom Rogan and the Washington examiner appears to be involved in a narco trafficking conspiracy involving the Sinaloa Cartel The cartel responsible for the largest share of narcotic smuggling into the United States And Rogan notes and for whatever reason the Biden administration does not appear terribly bothered by this Now this made it into the Washington examiner in September of 2022 A good outlet It's not a liberal hack outlet They're kind of like census Republican outlet right So Tom Rogan had no agenda for this piece He's writing it because he's legitimately curious like hey we've got a major fentanyl drug trafficking crisis going on in our southern border There's apparently some nexus to the prime minister of Albania at least according to this piece supporting the Sinaloa Cartel which is running a lot of these drugs Why does Biden again claims to want to do something about the border and the drug problem Why is he doing Jack squat and Jack left town I don't get it What's the deal here
'Black Frankenstein in D'Souza's 2016: Obama's America'
"I subscribe to an academic service that sends me scholarly articles and they have a search function that sends me scholarly articles that refer to me. I just got one, I wanted to talk about it. It's quite amusing. It's written by a communication scholar, a PhD at the University of Texas at Austin. This guy's a professor in Queens, New York. His name is Michael lacy and the article is called black Frankenstein in D.C.'s 2016 Obama's America. So the article is an analysis of my Obama film. And the article is full of the typical academic gobbledygook. But fortunately, there's a sort of abstract or summary up front. And that's the summary I want to comment on because it's just so it's just so typical and it's also so entertaining. First of all, this essay offers a critical rhetorical analysis of neoconservative filmmaker dinesh d'souza. Stop right there. I've never called myself a neoconservative true. I was at the American enterprise institute with along with a lot of neoconservatives, but I don't think I've ever been fairly described as one of them. He goes on and talk about my quote popular political documentary, and he goes, I argue that the documentaries narrative emulates conservative, black Frankenstein stories. Now, first of all, I've never quite heard that phrase. And so I was like, black Frankenstein stories, is this some kind of a genre? So I look it up. And it turns out there was a movie that came out a couple of decades ago called blackens time, which was apparently about a black Frankenstein, but what this guy is basically saying is I'm using the Frankenstein theme, which by the way, never mentioned in 2016, but I guess he means I'm sort of subtly invoking it as a kind of dog whistle. The idea that Obama is a black Frank Frankenstein. Quote, quote, whereby a monstrous black slave revolts against his white slave owner justifying a violent white backlash to restore white supremacy.
Who Is Watching the Eyes of the CCP?
"You received an invitation or you asked for an invitation to speak to the Republican governors associated to the national governors association. NGA. And they said, huh? And you showed up and you told them that each of them had been classified by the Chinese government, that got their attention. When you tell the audience a little bit about that story, which they've got to read in full to appreciate, but the CCP has a file on every governor and they are classified. So I had seen hints of this when I was a CA director, but I became Secretary of State. I was able to see it more clearly. And I was able to get this document declassified. It was written nominally by a Chinese think tank. But what they've done at the direction of the Chinese Communist Party was to continue to evaluate all 50 governors of the United States of America. And they would rank them. Friend foe or were working on them. And by the time I got it to classify, I'd also noted that there was a meeting in Washington, D.C., where all the governors would be. And so I called governor Hogan and then governor of New York, Cuomo, and asked for 20 minutes. They gave me 20 minutes on a Saturday afternoon. It was pretty sleepy day. But when I began to lay out for them the fact that the Chinese Communist Party was watching them, observing them, running influence operations against them and had measured them, had raided them, essentially said, do we have them in our pocket yet or not, boy, I had their attention. They all, they all turned immediately to their devices or to their chiefs of staff and says, hey, I got to have a copy of that. I got to know where I am. And I wanted them to just be a little taken back, but mostly I wanted to remind them that this isn't just an attack on our federal government. It is at every level of our government today that the Chinese Communist Party is conducting its assault against our freedoms.
The One Way Ratchet With the CCP
"All right, mister secretary, one of the things you put in here that I did not anticipate seeing. And I don't know that many people will pick up on it on page one 79. China is not part of the intermediate range nuclear forces agreement. We know that Russia violates it. China is not a party to it. You write quote, we will one day need capabilities of our own installed, meaning intermediate range nuclear missiles within reach of the Chinese periphery. That's a big deal. Do you expect pushback on that? Goodness. From who, here, from D.C. establishment. The blob. From the blob, almost certainly. The central thesis that I talk about with the Chinese Communist Party is it's been a one way ratchet. They do something we bow down. They move, we turn the other cheek. They're aggressive. We tell them please don't do that again. And they just keep rolling. So the central thesis is this concept of being reciprocal. Just we should behave the way they do. They now are capable of using their boats intermediate range and long-range missiles to strike things that matter an awful lot to the United States of America. And these intermediate range missiles are important for lots of reasons. We don't have time to speak to it. The book talks about it a little bit. But yes, I'm confident that we will find nations that want to host our intermediate range facilities and that we will do so. This will be the way that we gain the deterrence, the very deterrence that Ronald Reagan came to understand in Europe in the last century. We will have to execute to make sure to protect America from the threat of the Chinese Communist Party in this century.
Doug and Ben Lieberman Discuss the Energy Policy Dance
"You think most people have any real idea of the energy policy dance between an administration and the congressional, because even being there for 8 years, I would love to say we do oversight. I love to say we set policy, but in many ways, Congress is reactive. And I think that's become an issue over time and energy policy and other things where the Congress seems to always be reacting to what the administration is doing and especially if they're of different parties. Oh, absolutely. But part of it is Congress's fault. Congress passes these grandiose bills and allows regulators who may be in a few years controlled by the different party to do a whole bunch of things. And then you have members of Congress saying, oh, we can't stand what these regulators are doing to my constituents, but they're using statutory authority that that same member may have supported several years earlier. So you've hit something that was my pet peeve in Washington, D.C.. Number one, bill authors who had no idea what their bill did. And number two, leaving the language blank. Pelosi took a hit by beating when she said we don't have to pass it to see what's in it. The truth of the matter is she was actually being truthful, not the way to do, but she was actually being truthful. There was no way ObamaCare could be understood in the language that the bill was passed in.
Jeff Katz: Virginia Schools Discriminated Against Top Students
"It sure seems as if this was done intentionally to keep certain kids from being notified of these honors and then getting scholarships and early admissions. And this was originally it was at Thomas Jefferson high school, which is one of the top schools in America public schools in America from what I understand Jeff, but now we understand there may be as many as 16 high schools where this happened. Absolutely tied to TJ as it's colloquially known. And fairfax is one of the greatest high schools in America. It's also the subject of ongoing litigation on the part of Asian American families who say they are being discriminated against as TJ and some of the advisers and fairfax who said, well, we need to be quote more equitable in admissions and stop looking at test scores and grades. And you're right. It's now comprising apparently 16 different schools here in Virginia channel 7 out of D.C. is covering the story pre extensively and it seems to be I guess the motivation, the best way I can say it because everybody is pushing back, as I said, but the motivation seems to be that this is all about that equity push that says everybody has the same outcome. So these students who have broken their rear ends to score the highest get the best grades and their entitled to these things, they're being denied the opportunity to number one even know that they received this designation, which is huge and then to utilize it when they apply to some of the best colleges in America for early admission, early decision, and as you rightly point out, and I think this is probably where the litigation is sure to follow actual scholarships that amount to dollars and cents.
Maria Bartiromo Makes the Connection Between Money, Biden & China
"How much did Joe Biden know And was Hunter Biden using his dad and selling his dad out too while his dad was selling out the country That would be the ultimate irony Listen to bartiromo Lay out the disturbing new churn in Biden's document scandal New reports this morning indicate some of the documents were placed at yet another temporary address This time in D.C.'s Chinatown neighborhood Before traveling to the Penn Biden think tank in D.C. which of course paid Biden $900,000 after the think tank accepted a donations millions from China Also the daily mail is reporting that the packing up of the documents at the tail end of Biden's vice presidency were overseen by an aid recommended by first son Hunter Biden We do not know what she knew about the classified documents Kathy Chung was ultimately reporting we do not know if she was ultimately reporting back to the Chinese Communist Party Joining me right now with more on the committee's work following these new discoveries is House oversight and reform chairman congressman James comer Mister chairman your reaction to these new discoveries what do we know about the links between Joe Biden and communist China in terms of the money paid to the Biden family has that dictated the way he treats our number one adversary Look I think most Americans would be shocked if they saw how many connections the Biden family has to people directly affiliated with the Chinese Communist Party It's very startling Yeah congressman it sure as hell is
The Bad News for J6 Defendants Keeps Coming...
"The bad news for January 6th defendants continues, you might know the case of Richard Barnett, this is a 61 year old guy. In fact, he's the guy who put his feet up on the desk of Nancy Pelosi's office, and you could sort of see him grinning as he did that. But this is a guy who went into the capitol, he didn't hurt his soul. We'd in vandalize any property. And guess what? He is facing up to 20 years. I repeat 20 years in prison. Now, this is nuts. It's not, and it's only explained by the fact that you've got swamp, judges, and you've got a swamp D.C. jury that is not giving these guys a fair hearing, they're not giving them a fair trial. And they don't get fair sentences. I mean, even if they are found guilty of doing what they did, obstructing justice, which this guy didn't do. Nevertheless, you need to have penalties proportionate to the crime. And in case after case, this is obviously not happening. Now, Joseph McBride, the lawyer who's been on this podcast who represented Richard Barnett. Made a motion to move the trial out of D.C., said, listen, you got 92% of people in D.C., 92 to 95% of people in D.C. voting for Biden. So in what sense is this guy getting a jury of a spear as you just, it's just political vengeance that is being inflicted on him by people who hate what he believes and what he stands for and in a sense quote wants to teach him a lesson in other people a lesson by destroying his life.
Never Give an Inch
"You know, I am surprised that you're not in Davos this week. We are pre taping this the week before never give an inch comes out. And John Kerry's in Davos, so I just assume that every former Secretary of State would be in Davos. Have you ever gone to Davos, mister secretary? Never been to Davos, kinded out my vibe, you. You and me both, I got invited this year didn't go. I want to ask you know about the Aspen institute. The one thing that didn't get dragged in never give an inch and there's a lot of D.C. that gets dragged here and we're going to get into that is the Aspen institute. I think it's been totally captured like the Chamber of Commerce by the left wing and now doesn't serve the function it used to serve. What say you, mister secretary? Yes, it's too bad. It's always been a place where ideas were to exchange, I think, in fact, they call it the ideas form, something like that. I did go there once to speak. I was interviewed by Brett Stevens. There's an example of someone who's just brain melted down, right? Brett's David was with someone for whom I still have enormous intellectual respect, but he lost his mind with respect to president Trump. He just he could no longer breathe in his way through problems and solutions and accept when we got it right with a handful of exceptions. I went and I went to the Aspen forum. He was the unfortunate bystander when I spoke directly to The New York Times about something they had done that was devastatingly awful. They had named one of my best at CIA officers. They put his name in print. I had spoken to the publisher. I'd spoken to the editor. Asking them to please not publish this man's name, we had to provide security for he and his family as a result of what The New York Times did. There was Hugh. There was no news element to publishing his name. He had simply been responsible for large pieces of the counter terrorism operation for the last 20 years. He was running my Iran mission center. They didn't like that. And so they put his name in print, risking the lives of his family forever. It was
Linda Ronstadt Insults Mike Pompeo
"Welcome back and they're gonna do you it. I'm joined now by the former Secretary of State Mike Pompeo, his brand new book never give an inch is a fabulous read. I have been immersed in it for a couple of weeks. Good morning, mister secretary. Congratulations. You did not hear, but you're opening music with Linda Ronstadt singing. When will I be loved? Well done, Lou, are you? Well played. Well, I want people to begin with that anecdote because it sets the tone for the book. You are perhaps no holds barred when it comes to Washington, D.C. culture, and the Kennedy Center Honors is really Washington D.C. culture. So I like moment. Tell people about what happened there. Oh, here we the State Department's responsible for putting on this big event to honor great Americans talented Americans for music and the arts Secretary of State hosts the dinner on the evening before the big event. And you know these folks don't like Republicans very much. They certainly didn't like me or the Trump administration. So my wife and I said we're debating whether we should go. But you know, we wanted to honor the tradition. Great people. Earth wind and fire, Linda Ronstadt. There was a great group of folks. Very talented. That's a way we went to this event. It's intended to honor the musicians. And the Secretary of State does a little bit of introduction work. And so I decided to keep it both sincere to honor them and with a little bit of humor. And so I joke when I was introducing Linda Ronstadt to the podium, I asked the audience, I said, goodness gracious. When will I be loved? Harker back to one of her songs. The end of she doesn't get up and look at me and look me straight in the eye and say, you're not going to be in love till you leave this guy Trump or something like that. Yes, the roof, by the way, left and right in the room could see this was both inappropriate, nasty, mean beneath the level of the nice evening we were having. But I just got a chuckle went on with our lives fully expected in today's Washington D.C. that those of us who believe in traditional value sets will be mocked by those who want to undermine our country. That's what miss ronstadt was doing. It was most unfortunate and a little bit funny. No,
The Ever-Increasing Number of Classified Docs at Biden's Home
"Start with headline here. 68 days, 68 days. It took for the president's team to come forward and tell us about these documents that have been found at the Penn Biden center. His little think tank there in Washington D.C. that was, well, heavily bankrolled, frankly, by the Chinese to the tune of millions of dollars. Anyway, we didn't know about this until somehow it got leaked. Even though it was known, before the midterm elections, I mean, just think about the implications of that alone. You had Joe Biden out there telling 60 minutes in the months leading up to the election how atrocious it was. I mean, really. Unthinkable that anybody could be so, so careless, except that he himself, it turns out, has been careless for years and years and years going all the way back to his Senate days. That's the latest. You see, they just found another trove of information. More and more and more keeps coming out. I just like to know why is there no FBI raid? Why is the FBI just allowing his lawyers to try and look for things? I mean, I find that rather suspicious, rather concerning in that clearly, they're not finding everything because we keep getting more buckets of stuff coming forward. And by the way, they don't even tell us, right? They try and mislead you. They're like, oh, 6 more things found. 5 more things found. Are we talking boxes? Are we talking documents? We don't know yet, because Joe Biden's like, hey, I did nothing wrong. I have no regrets.
US: Ex-FBI counterterrorism official aided Russian oligarch
"A former high ranking FBI counterintelligence official has been indicted on charges. He helped a Russian oligarch in violation of U.S. sanctions, Charles mcgonagall, the former special agent in charge of the FBI's New York counterintelligence division, is accused in an indictment of working with a former Soviet diplomat turned Russian interpreter on behalf of Oleg deripaska, a Russian billionaire energy magnet. Mcgonagall, who had supervised investigations of Russian oligarchs, including deripaska before retiring in 2018, allegedly worked to have deripaska's sanctions lifted in 2019 and took money from him in 2021 to investigate a rival oligarch. Mcgonagall was separately charged in federal court in D.C. with concealing $225,000 in payments. He received from an outside source with whom he traveled to Europe, Julie Walker, New York
LightningWorks Launches Worlds First Interactive Comic Book and Game
"8 p.m. Friday January 20th, 2023. Lightning works launches world's first interactive comic book and game. E crypto news update provides the latest articles on technology and cryptocurrencies. Siege world zero new projects on Ethereum and polygon, including artists from marvel, DC Comics, a Grammy Award winning producer San Jose, Costa Rica, January 20th, 2023 globe newswire specialized in comic NFTs, telling legendary stories through interactive comic books and web three gaming, lightning works HTTPS lightning works that I owe launched the world's first interactive comic book today in its collectors. E crypto news dot com
ADA dcSparks Flint Wallet for Cardano Adds Milkomeda C1 Token Support
"4 p.m. Sunday, January 22nd, 2023. ADA D.C. sparks Flint wallet for cardano adds milkomeda, C one token support. On Sunday, January 22nd, 2023, blockchain startup, D.C. spark, announced an important update to its lightweight and user friendly wallet for cardano. In case you are wondering what D.C. spark does, according to its development team, the main goals are to extend blockchain protocol layers implement first class ecosystem tooling develop and release user facing apps the firm was cofounded in April
"d.c." Discussed on WTOP
"D.C., it's also 46 in oxen hill and the same in Sterling brought to you by dulles place for all your glass mirror and shower door needs visit dulles glass dot com, dullest glass, love your glass. Coming up on how to be kinder to your wallet during the holiday season since everything costs more. It is 9 51 There's a reason Comcast business powers more businesses than any other provider. Actually, there's a few, Comcast business offers the fastest reliable network. The peace of mind that comes with security edge, helping to protect all your connected devices and the most reliable 5G mobile network. Want me to keep going? I can, whether your small business is starting or growing, you need Comcast business. Technology solutions to put you ahead and give you serious savings. Comcast business, power and possibilities. There's never been a better time to get gig speed Internet and advanced security from Comcast business. With our new gig bundles, you'll get 20% more speed for less. That's more value for your business and more speed to keep all your connected devices running smoothly. So get an incredible offer from the company that powers more businesses than anyone else. Call one 805 O one 6000, or go to Comcast business dot com today to learn more. Restrictions apply, not available in all areas. Comcast business Internet required, actual speeds vary and are not guaranteed. Caring for atrial fibrillation requires a team of medical specialists working in rhythm to create the best treatment plan for your unique risk factors. At anova, our integrated a 15 works together to provide personalized care that is proven to achieve the best results. We work in sync to make sure your heart beats and regular rhythm. Schedule your A-fib consult today at anova dot org slash heartbeat. Without the ones like you, who work tirelessly to keep things running, everything would suddenly stop. Hospitals, factories, schools, and power plants. They all depend on you. No matter the weather, emergency or time of day, you're the ones who get it done. At Granger we're here for you 24/7 with supplies and solutions for every industry. It access to product specialists ready to help. Call, click Granger dot com or just stop by. Granger, for the ones who get it done. This is WTO news. It's 9 53, no one has to tell
"d.c." Discussed on The Breakdown
"So we are dealing with smoke signals here, but it seems that based on our understanding at the very least it would have implications for DeFi. Intended around intended a bit beside the point. Ball is in the SEC's court on that one. They could finalize it this evening, or we could never hear about it again, which is what we're hoping for, at least what I'm hoping for. And then I think the other issue that is top of mind right now is tornado cash. We're seeking a general license for U.S. persons who had assets in the protocol before its designation. And I think my number one objective there is to convince folks in treasury and the government that sanctioning open-source software protocols is a bad idea for many reasons. Number one being that it doesn't accomplish their objectives in any coherent or systemic way. The goal being that they don't do that again. I think is the best outcome from the tornado cast situation. We'll see whether they have the legal basis to. There are multiple challenges in the works, some individuals and from corn center. So we'll be closely monitoring that. Grayscale litigations active ripple litigations active. So there is a lot going on right now. Europe is working on their DeFi reports, UK, as a lot going on themselves right now, but crypto and D 5 being one of them. Encourage that soon act is going to be prime minister. He's probably like the most crypto friendly legislator outside of Lisa Cameron in parliament. So that will be interesting to see play out. Some of the international groups, like ieyasu, which is kind of the international club for securities and market regulators, just put it together at DeFi report. So there's a lot going on. I know I'm forgetting like 18 things, but definitely right now, top of mind D.C. DPA, okey dot. So in an ideal world with all of this going on,
"d.c." Discussed on The Breakdown
"The entire country. Because I think that they could have adopted other theories of liability from anyone, frankly. Do you think this is reflective of sort of, you know, it's been memeified as regulation by enforcement, but really what it is is sort of on attempt to create norms in the absence of actual lawmaking process, right? And this is what's been so frustrating to people. You know, I noticed sort of a shift probably around a year ago where crypto companies basically started to say, okay, I guess we're going to have to avail ourselves of the legal system versus kind of waiting for regulators to have substantive proactive regulatory discussions on this stuff because that's kind of that's your only natural response to sort of the actions we've seen. What is the sort of the goal or the hope as relates to this case? What would be the positive outcome and what are the steps between here and there? You know, I think there's so many different ways that this could play out. I mean, ideally, and I would say probably pie in the sky, the CFTC tweaks their theory of liability such that no other part of the gaze changes other than they're not trying to hold people liable on the basis of having voted using a governance token. I hope people liable, for example, for promoting an unregistered futures commission merchant, making money off of it, for me to get on Twitter, what have you. Anything other than Dao governance token holder. That would be number one. There's infinite possibilities, but there is a process that is in place moving forward. The judge originally granted the CFTC's motion for alternative service, essentially saying the court ruled that the CFTC's service to the website was valid. Which is something we commented on in our brief and asked the judge to consider reconsidering that order, which is agreed to. So the ball is now in CFTC's court to respond to ours and others amicus briefs.
"d.c." Discussed on The Breakdown
"All right guys, well today I am joined by Miller White House Levine. Miller runs policy at the DeFi education fund, which is a non partisan research and advocacy group that's working to explain the benefits of DeFi, achieve regulatory clarity for the future of the global digital economy, and help realize the transformative potential of DeFi for everyone. In his role as policy director, Miller is charged with developing the execution of programs that bring the organization's mission to life, which as you will see are pretty interesting. Miller was previously at the blockchain association and has a deep knowledge of what's going on in the D.C. crypto debate. Today we discussed why the DeFi education fund is getting heavily involved in the oki Dow case, the state of DeFi and the regulatory discourse and much, much more. Hey, this is breakdown editor rob, just with a note that this interview was recorded on October 24th. All right, Miller, welcome to the breakdown. So good to have you here. Thank you for having me. Finally, I'm excited to be here. Yeah, yeah, so we were just talking about this up before the show started, but sometimes when I'm preparing my notes for a show, it's like, okay, so this is the thing that I think is super interesting about this person or what they're doing, even if maybe it's sort of not necessarily kind of what a ton of other people are spending their time on. Whereas for you, it's just like, you are living inside. I think a lot of the issues that just day in, day out, make up the kind of the substance of the breakdown. So I'm really excited to chat. But before we get into all of that, if you want to give just kind of a brief background of who you are and what you spend your time on, I think it would be great. Sure, yeah, I got into Bitcoin in 2013, 2014. I was in high school at the time, and I've been in crypto personally or professionally ever since after graduating from college. I immediately started working in crypto at a multi client lobbying firm. I had some crypto clients. One of which was the blockchain association where I went next and ran policy for that organization, which grew substantially through no part of my own. I don't think during my tenure there and joined this new organization, the DeFi education fund last August, which was created pursuant to a uniswap governance proposal to focus on DeFi education policy research and advocacy. So we got started up last August, and we go about trying to accomplish that mission in various ways. We meet with policymakers, try to explain to them what the hell DeFi is. We write comment letters in response to rule makings or regulatory proposals. We offer our perspective on legislation, which I'm sure we'll get to today. And we also participated litigation most recently that if
"d.c." Discussed on CoinDesk Podcast Network
"I think that's part of my job is in quipping my organization to be able to do both, which is why I need to raise a bunch of money. I think that there is no prospect for anyone in DeFi policy to not be dealing with live fire drills over the next ten years, probably. And so it's a matter of being able to walk and chew gum at the same time because you're absolutely right. You know, being proactive is hard to do and there's so much going on. But I think to get to a good place down the road, it's absolutely critical. From a standpoint of the average kind of enfranchised crypto user who cares about these issues, what are the best ways to sort of be a part of the fight in a way that's sort of more than just arguing on Twitter. Yeah, the number one proactive thing you can do is email or call your congressional office and explain to them why you care about DeFi, why you think it's useful, why you think it's cool and should be protected. The more that legislators hear from constituents who are the people they care about, that they care about the tech and their ability to use it. The way better all of this will eventually shake out because if they've heard from a few constituents in this issue pops up, they will not only recognize what the term DeFi means, but also be like, oh, you know, I do have constituents that care about this. Which is very, very important. So I think that there's one thing I think that people can do proactively to advance hopefully what ends up being a good outcome here is to speak up as to why they care about DeFi, why they use it and tell their elected representatives that awesome. Well, listen, Miller, super great to hear kind of more of the inside baseball this stuff. I would love to have you back. Especially as azuki evolves and you guys are kind of learning more about the state of play on the ground. And in general, keep up the good work and we appreciate all you guys are doing. Awesome. Thank you so much for having me. My pleasure. One of the most interesting trends for me over the last year or so is the crypto industry getting comfortable. Availing itself of the legal system. And I think I want to point out that this is not an antagonistic thing, despite the fact that obviously all legal challenges have an element of antagonism to them. What you're seeing in cases like the okie Dow case and DeFi education fund getting involved is basically people with deep legal knowledge and deep crypto knowledge, saying, look, we got to have it out about how the traditional system is going to absorb or adapt these new forces. And one of the ways that we can do that is through legal challenge. I think that we should see this not as some scary step or a sign that things are getting more contentious in D.C., but that things are actually progressing towards some outcomes that provide clarity and insight and new battles to fight. I want to thank Miller not only for being on the show, but for his and everyone else who's in D.C.'s work, trying to fight for those positive outcomes. As I want to say thanks again one more time to my sponsors next to IO circle and FTX for supporting the show, and thanks to you guys for listening. Until tomorrow be safe and take care of each other. Peace
"d.c." Discussed on CoinDesk Podcast Network
"Of waiting for regulators to have substantive proactive regulatory discussions on this stuff because that's kind of that's your only natural response to sort of the actions we've seen. What is the sort of the goal or the hope as relates to this case? What would be the positive outcome and what are the steps between here and there? You know, I think there's so many different ways that this could play out. I mean, ideally, and I would say probably pie in the sky, the CFTC tweaks their theory of liability such that no other part of the gaze changes other than they're not trying to hold people liable on the basis of having voted using a governance token. Hold people liable, for example, for promoting an unregistered futures commission merchant, making money off of it, for me to get on Twitter, what have you. Anything other than Dao governance token holder. That would be number one. There's infinite possibilities, but there is a process that is in place moving forward. The judge originally granted the CFTC's motion for alternative service, essentially saying the court ruled that the CFTC's service to the website was valid. Which is something we commented on in our brief and asked the judge to consider reconsidering that order, which he has agreed to. So the ball is now in CFTC's court to respond to ours and others amicus briefs. To essentially argue that their service was valid, we will be able to respond to their response by November 14th. And then it will go to oral arguments on November 30th. So we'll have much more clarity where things go from there. There is no defendant has showed up. So right now, we are parties to the case. So it's kind of puts us in a weird situation. But we'll see where the judge gets after November 30th. Yeah, weird, I think, is a good description of it. But I've never seen anything like it. But it's like to live at the frontier. Yeah. It's certainly cutting edge. In a bad way this stuff. Yeah, right? What are other kind of big flashing red topics for you guys outside of this particular case that you're thinking a lot about? This and DCC PA is really top of the list right now, you know, Congress is kind of winding down the elections are coming up. I don't think the stablecoin package is going to move this year, they haven't even released a draft yet, but I think that will be top of my next year. And then there are some more latent issues that I'm always thinking about and worried about. Number one is the SEC's exchange rule making. They issued a notice of proposed rule making earlier this year and solicited comment on a proposal to expand the definition of a national securities exchange to include persons who quote unquote make available, quote unquote, communication, protocol systems, anyone who does that, they don't define what a communication protocol system is, which means it could be interpreted in any which way. As potentially being national securities exchanges, that would have to comply with regulations like the New York Stock Exchange. They never mentioned crypto or define that rulemaking. So we are dealing with smoke signals here, but it seems that based on our understanding at the very least it would have implications for DeFi. Intended around intended a bit beside the point. Ball is in the SEC's court on that one. They could finalize it this evening, or we could never hear about it again, which is what we're hoping for, at least what I'm hoping for. And then I think the other issue that is top of mind right now is tornado cash. We're seeking a general license for U.S. persons who had assets in the protocol before its designation. And I think my number one objective there is to convince folks in treasury and the government that sanctioning open-source software protocols is a bad idea for many reasons. Number one being that it doesn't accomplish their objectives in any coherent or systemic way. The goal being that they don't do that again. I think is the best outcome from the tornado cast situation. We'll see whether they have the legal basis to. There are multiple challenges in the works, some individuals and from corn center. So we'll be closely monitoring that. Grayscale litigations active, ripple litigations active. So there is a lot going on right now. Europe is working on their DeFi reports, UK, as a lot going on themselves right now, but crypto and D 5 being one of them. Encourage that sumac is going to be prime minister. He's probably like the most crypto friendly legislator outside of Lisa Cameron in parliament. So that will be interesting to see play out. Some of the international groups, like ieyasu, which is kind of the international club for securities and market regulators, just put it together at DeFi report. So there's a lot going on. I know I'm forgetting like 18 things, but definitely right now, top of mind DCC PA, uki da. So in an ideal world with all of this going on, you can press a freeze button and just spend a year or two years teaching policymakers about this space. Practically speaking how much do you anticipate this being just live fire drills from here to forever, where hopefully each time you kind of fight off the worst excesses of what legislation might do and then hopefully kind of teach some people along the way versus there being sort of a more proactive policy advocacy educational element along the way.
"d.c." Discussed on CoinDesk Podcast Network
"Overall I completely agree with your assessment. I think that generally, when there's legislation proposed that captures DeFi, it's generally our experience that that's unintentional and we can go to the member or the draft or the legislation, say, hey, look, there's this thing called DeFi. It's new and four years behind crypto as far as excuse me, centralized players as far as the policy regulatory conversation is concerned. And generally the reaction is like, okay, cool. Thanks for flagging that. Definitely cutting it out. I don't want to deal with this problem. Because precisely the reason I just said, it's way too soon, I think, for comprehensive legislation to be passed that touches DeFi in any way. Nobody was using D 5 when the first conversations about custodial spot market regulation were happening. And we're just getting years later to the point where Congress is ready industry, I think, is agreement and movement on custodial stable horn spot because dodie will spot market regulation is baked and I think appropriate generally at this time. I think that the unique aspect of the DCC PA is that it did not unintentionally capture DeFi. That is certainly the intent. The idea being that if you're regulating the spot markets, then regulate the spot markets, be they. C 5 or D phi. And that is, I think, rightly thrown everybody for a bit of a loop because that conversation is difficult to have in a 6 to 8 week period under the gun of a legislative deadline, the end of the year for all intents and purposes. So I think it would be, I think it's a appropriate what Mike did, which is essentially start a comprehensive process that the commission is going through to consider how they're going to have vindicate their policy objectives in the context of DeFi. And I hope the U.S. follows suit, DCC, PA or not. Man, there's a lot to dig into. I'm trying to figure out the right the right kind of sequence in. Maybe let's go back to sort of the more general piece. So holding aside the specific context of this piece of legislation where this became unintentional. What has your experience been around sort of the most common questions the most common misunderstandings among policymakers as relates to DeFi? Yeah, I think it's, I think people have a lot of trouble getting over the quantum step to understanding something like Bitcoin. And then they're like, oh, wait. There's turtles all the way down all of a sudden with this DeFi stuff and other networks via file chlorine or the uniswap protocol. So I think there's a bit of that definitely get a lot of questions, what is the difference between a cryptocurrency and a DeFi protocol? And what is DeFi is definitely question number one. I think the really more difficult profound questions are around societal utility. I think that there are a lot of folks in Congress and among regulators that think the existing financial system works quite well. And that the risks in it at least since the global financial crisis have been appropriately mitigated. And DeFi crypto is coming along and messing with the magic, so to speak. That isn't a question that comes from a place of misunderstanding or a lack of education. It's a question of what one values and what one thinks is important as far as the goals and objectives of policy are. And that's always a much more difficult or at least tricky conversation to have because for the most part, questions from policymakers regulators around DeFi do stem from just a lack of awareness education or knowledge. But for certain for certain number of questions we hear from people is what is default. Want to keep more profits when trading? Get the best possible prices and trade with 50% lower fees on nexo pro. The new spot and futures
"d.c." Discussed on WTOP
"D.C., 82 at national harbor and 80 in Sterling. It's three four 8. The Federal Reserve last week raised its benchmark interest rate again by another three quarters of a point, so that key rate which affects many consumer and business loans is now at its highest level since 2018. Bank create senior economic analyst Mark Hamrick joined Hillary and demetrian Skype to talk about the effect this will have on you, the consumer. We are now well down this path of raising interest rates with that benchmark rate, essentially at about 2.37% having previously been between zero and .25 and the chairman at his news conference signaled that there could yet be another basically full 1% of rate hikes in the cards, probably on through the end of the year. So the basic impacts have been seen since the beginning of this year. We've seen the volatility in the stock market. Mindful that this is a battle against inflation by trying to dampen demand. We've seen a significant slowdown in the housing market as mortgage rates have sort of baked in these rate hikes. We're seeing a higher cost of borrowing more generally. And ultimately, the impact will be to slow the economy further. And of course, the hope and prayer is to bring down this really horrible inflation problem. Right. In some cases, of course, it will hurt consumers, those higher interest rates, what about businesses Mark, is there a better potential for them to possibly default on loans? Not so concerned about that, Hillary, I think that the main issue that I asked chairman Powell about at the news conference is with this essentially forecast weakening in the economy that is an extension of this move to tighter credit and a higher rates. The chairman said that he would expect that there will be some weakening of the job market and my question was along the lines of what do you say to people when essentially they are the collateral damage in this process. So I think what the fed essentially wants to achieve here is obviously a soft landing. That means no recession or at least not a severe one. And if they see that the sort of springs are starting to become unwound, so to speak in the financial system to the point of your question, they would address that and possibly try to back off to the extent that they view that credit conditions and become too tight. That's bank rate senior economic analyst in
"d.c." Discussed on TIME's Top Stories
"Trump returns to D.C. to pitch fellow Republicans on his comeback by Philip Elliott. Typically, presidents wrap up their last full day of work on January 19th, perform their final nod to ceremony and welcoming their successors and the family to The White House the next day, and then book it to an overdue vacation. Of course, el return when the roles legacy function demands, state funerals come to mind, as do portrait unveilings, and natural disaster fundraisers. But at least for those who don't stick around in D.C. to let their daughter finish high school, they leave town as soon as they can. And don't much look back. Then again, most ex presidents long for a fade into the worn background of history. That is decidedly not the playbook in the hands of former president Donald Trump, who despite his exodus from Washington remains an agenda setting figure in town. His endorsement remains a powerful factor in Republican politics, his return to politics looms on the horizon for 2024, and his conduct ahead of and on January 6th, 2021, dominates much of Congress's agenda. Like so much of his presidency, his post presidency seems to delight in shattering expectations. In fact, Trump exited the presidency before his successor could show up and take over. Effectively punching out before his carriage reverted to a pumpkin when the clock struck noon. Like a bad hype reel for a reality show, Trump this week returns to Washington for the first time since he left the presidency. Bill as a summit of his nonprofit America first policy institute, the two day event is heavy on maga world quasi celebrities, and will feature a speech from the man who is still nursing wounds from 2020. In a way, though, the return to the swamp by one of the most unapologetic figures comes as a many launch of his comeback tour. Trump has hinted that he'll be on the ballot in 2024 and his advisers are at this point just trying to keep him from pulling the trigger on a campaign until after November's midterms. Republicans look poised to have a good showing and could well take back control of the House and Senate alike. But Trump and his ongoing show could shade the GOP's polling if the party isn't careful to control for the bleed. Trump remains a driving factor in politics, although the appetite for his shenanigans has diminished as more time has passed since his term, as times Brian Bennett reports, the January 6th hearings may have exposed Trump's glass jaw. So what is Trump's play here? He clearly has his eyes on 2024 and is laying the groundwork for his return to office. His contempt of the political elites has not abated, even as he retreated to Florida, and then to New Jersey, a second act serves as much as a restoration of power as a way to stick it to the man. After all, so much of Trump's animating power comes from his personal preferences and individual grievances. But he might find a more skeptical GOP with some who have newly soured on the Trumpist wing as they learn more and more damning details about Trump's behavior around the January 6th insurrection. The timing of the trip comes at a near perfect state managed moment. The committee investigating the January 6th attack on the capitol has seemingly completed its summer schedule and is poised to start drafting at least an early version of its report. Congress seems coasting into the August recess. Voters are just now starting to really tune into the November elections, and Trump's political circle seems ready to turn the key on another go with a maga crowd just needs a nudge to remember why his blindingly loud rallies caused so many hearts to flutter. The real question, facing official Washington, namely Republicans who wield power, is one about its pain threshold. Trump proved a winning vessel in 2016, but couldn't convince enough voters that he was worth the hourly drama four years later. Come 2024, it will have been 9 years since Trump coasted down a golden elevator in Trump Tower and proceeded to break Republican politics. The party has yet to reclaim its equilibrium. Meanwhile, the bold novelty of a Trump candidacy has long faded, much like how most of his predecessors have blended into the background. Put another way, Trump's most immediate task this week in Washington is convincing fellow Republicans that he's worth the aspirin and the grimace and pursuit for a potential but not guaranteed victory. It may take every ounce of his skills as a salesman..
"d.c." Discussed on The Times: Daily news from the L.A. Times
"I'm Gustav Ariana. You're listening to the times, daily views from the LA times. It's Thursday, June 30th, 2022. Today, with the most exclusive power lunch, D.C. tells us about the evolution of the vice presidency. Noah beerman covers The White House in Washington, D.C. for the LA times. Noah, welcome to times. Thanks Gustavo. So what's the origin story behind what you call the most secretive and exclusive power lunch in D.C.? Well, it starts with Walter Mondale. Jimmy Carter picked me as running mate. In 1976, I was elected vice president. You may not hear much about Walter Mondale these days. But if you are into vice presidents, he is the gold standard. He's credited with creating the modern vice presidency. Basically turning it from a joke or a political deathbed into something that had some power and some relevance. And to get there, he basically starts with a lunch. I mean, it doesn't really start with the lunch, it starts with an 11 page document that he gave to Jimmy Carter saying, here's what I want to do as vice president and as part of it, I want to go into all the meetings. And I also want to meet with you one on one once a week, just you and me, and that later becomes a lunch that other vice presidents adopt. Walter Mondale, while people, so before that vice presidents were like, I don't know, walking around The White House doing nothing. You know, they were going to funerals. They were often just sort of purposefully marginalized by the president. It was not a popular job to get. It was not really a job that people talked about much as any kind of political launching ground. There's a famous quote that we couldn't print, but we could say in the secure podcast about the worth of the vice presidency. So if you could say it, that would be very funny. Yeah, it's often sanitized to a warm bucket of spit, but the original quote was a warm bucket of piss. That was John Nas Garner, not very well known, except for that quote, which gives you an idea of how valuable the vice presidency was. But he served under FDR, who was obviously a much more consequential president than his vice president was a vice president. So Monday, why did he want to reform the vice presidency to give that power and why did he think a lunch of all things would help him do that? You know, he was a veteran of Washington. He had been a senator and, you know, if he was going to take this job, he was going to be working for somebody who had a lot less experience in Washington. Jimmy Carter had been a governor of Georgia and he had been a peanut farmer, but he had not been somebody who was schooled in the ways of Washington. So mondale, you know, for himself, wanted a relevant job, but he also felt he could be of service to the president by being somebody who could give him the straight dough presidents are almost often surrounded by people who don't want to tell them no. Don't want to disagree with them. And of course a one on one meeting helps because you don't have somebody else in the room who's going to be leaking it, which is a big deal in Washington as all of us who've ever read anything that happens in Washington knows. But also there are people who are trying to enhance their own power or advance their own position, and those people wouldn't be in the room, and they wouldn't try to read, okay, here's where the president's going, here's where the vice president's going, how do I position myself for my idea to fit within that framework. So you would get rid of a lot of the sort of second tier ambitions by doing that. And a meal is always, of course, one of the great equalizers, especially at one on one meal. Yeah, exactly. You know, we break bread for holidays. We break bread for business. It's an important ritual. And it also took away some of the formality. And the history that you offered is really interesting because, you know, after Jimmy Carter, of course, you have Ronald Reagan and his vice president was the first George W. Bush, George H. W. Bush. What role did those lunches that they had played in solidifying their relationship because they were really bitter rivals in the 1980 presidential campaign? Yeah, I really like this story because again, George Bush had way more Washington experience than Reagan, who had obviously been governor of California and an actor and a well-known person, but George Bush was one of the most experienced vice presidents in the history of vice presidents, but he didn't have a good personal relationship with Reagan. They had been rivals in the primary. He famously described Reagan's whole economic theory as voodoo economics. So he needed to resurrect his personal relationship. And one of the things he did was Reagan loved jokes. You have bush, George H. W. Bush, especially, who's this patrician new englander, not a guy known for his great sense of humor. So he knew a writer with The Tonight Show, a guy named ray siller. So he would call him and ask for jokes. He'd call his brother and ask for jokes. He called his staff and asked for jokes. He just wanted to make sure he had something to warm up the president every time. And if it was a really good joke, the president might steal and use it himself, which was fine with bush because then he knew he was in his ear. Did that camaraderie continue when Bush became president that his vice president became Dan Quayle? Well, you know, we think of Dan Quayle as sort of a punching bag among modern vice presidents. He did not have a good reputation. Lee off quail. That's the message from the Dan Quayle fan club of Peoria, which wants TV personalities to stop making fun of the vice president. The group is drafted letters and sent them to Jay Leno, there are a lot of historians who feel he actually gets a bum rap, but he did have the lunch, regardless of what you think about his cloud. And the lunch was very important and there are actually interviews he recorded after the vice presidency, where he talked in detail about the lunch, because one of the things he did to make sure he stayed relevant and in the loop was he would take calls and requests from people either aids in The White House or politically important people. And he would be very transparent with the president. He'd say, you know, this is what this cabinet secretary asked me to bring up. He says he's having trouble with another cabinet secretary. I just wanted this to be on your radar. And that was a real key for him, according to his own account of giving him an extra level of relevancy and administration, really which he was not.
"d.c." Discussed on Bloomberg Radio New York
"D.C. just got easier pods new city service has arrived Cod city service is designed for city moves We handle all the driving and watch over your container while you load up That means no rental trucks traffic or parking drama Store your things with pods between moves and will deliver to your new home when you're ready Visit pods dot com or call 8 5 5 8 6 zero 7 6 three 7 to get moving with pots Your personal moving and storage team For 40 years Michael Myers has haunted this town Is the essence of evil And evil dies tonight We're gonna hunt him down and we're gonna put an end to this I want to take his mask off And see the life on his eyes Happy Halloween Michael Halloween kills rated R Under 17 out of me without parent in theaters and streaming only on peacock now Before and after the pandemic Is it driven by politics or by science That may be how we keep track of our lives from here on out What do you think the political effects of that impatience will be And through it all there's been Bloomberg We begin on Capitol Hill the most accurate business world and healthcare news before and after The fundamentals do not justify this price action Bloomberg radio the Bloomberg business app and Bloomberg radio dot com Bloomberg the world is listening This is Bloomberg daybreak Asia it's 45 minutes past the hour time for a check of sports from around the world Here's Dan Schwartzman Thanks Doug Arsenal needs a last gasp goal 5 minutes into stoppage time from Alexander lacazette to play Crystal Palace to a tool draw Emirates as a gunner's move to 12th in the Premier League table Arsenal legend Patrick Vieira who starred for the Gunners for 9 years returned to Emirates manager of Crystal Palace England has been hit with a two match stadium ban and has been levy to find of a €100,000 by UEFA for trouble that occurred in the Euro 2020 final against Italy The next few matches England will play at home would be played behind closed doors Some of the problems that were highlighted in the investigation included thousands of fans storming the stadium without tickets to gain access The daily star reporting that Manchester United will give boss.
"d.c." Discussed on Bloomberg Radio New York
"D.C. This is I wanted a career in which everything would matter So I joined the CIA and now I help protect our families our Friends and every fellow American Find out how everything you do in your career can impact our nation visit CIA dot gov slash careers to learn more and apply When will you be able to go to a meeting where nobody smells like hand sanitizer Who knows But we can give you the latest business and financial news fragrance free Plus tease out some of what you just said Are there tools in the toolbox for the fed Does that point to the need for continued monetary support Bloomberg radio the Bloomberg business app and Bloomberg radio dot com You do realize the mark that this is having on a younger generation Bloomberg the world is listening If knowledge is power the Bloomberg terminal is your power up connecting you to the real-time financial news data and analytics that can take your workflow to the next level Power up at Bloomberg dot com slash professional Why do hedge funds and other alternative managers rely on purging for a highly personalized experience Mark Eldorado managing director at BNY Mellon's Pershing and head of prime services shares how we help you consider everything In today's every evolving environment the team at Pershing's prime services wants to know what are you focused on now Are you confident in the stability of your counterparty Do you feel they can help you grow your business When it comes to fundraising do you have access to the mindset of the adviser or have what you need to navigate the ODD process Exceptional service for our clients is at the core of what we do Our award winning team is just one of the benefits of working with BNY Mellon whether it's customized financing or securities lending solutions BY Mellon's Pershing is a prime book who's committed to this business and dedicated to meeting your demands So you can focus on growing your business and producing results for your clients To learn more about the unique and industry leading solutions for hedge funds and other alternative managers Visit Pershing dot com Persian LLC member finra.
"d.c." Discussed on This is Today
"This day unique. It's thursday september ninth twenty twenty one. I'm russ and here's what you need to know about today. Yeah those school photos you know. Yeah i've got a got the mullet going on today. I've got the sweater with multiple weird patterns on it. I'm all set for school picture day. Today why is it today. We'll actually this only goes back to twenty nine thousand nine. This is rather new one of those Yearbook school photo companies. That said. hey let's make this a day and so it's today the point of the day. Actually i guess share those high school or even the elementary school photos of yourself in social media so that people can really have a laugh. No you were cute really yeah. It's also international box wine day today and before you share those photos or look at other people's photos you might wanna grab some wine. Just 'cause there's going to be some comments just say it's national weiner schnitzel day today as well now. I'm not talking about the food place. Now that's the us food chain right now. No no not talking about that. I am talking about the thin breaded. Pan-fried veal cutlet is primarily from switzerland and austria and germany. It is actually the national dish of austria. Which means arnold schwarzenegger probably loves this. So if you eat a lot of weiner schnitzel. You'll probably look like arnold schwarzenegger. I'm just putting two and two together here and i think that's likely the largest schnitzel way two thousand six hundred sixty three pounds and it was made it a festival in germany back in september of twenty nineteen So there you go. Oh by the way it goes back to eighteen thirty one i. It's also national teddy bear day today but instead of talking about teddy bears i can tell you. They're named after teddy roosevelt or theodore roosevelt and the whole hunting story. And all that stuff. But no i i. I'm talking about very specific. Bears today specifically care bears. Yeah because it's care. Bears share your care day. Yeah that's an actual thing. Believe it or not yes so this is actually from the care. Bears website Care bears and that's a trademark. So i could get in trouble for this. Maybe i don't know share your care. Day is celebrated annually on september ninth care. Bears are on a mission to spread carrying and sharing around the world and encouraged fans to spread carrying sharing. Love friendship acceptance. Fun happiness to those that you love everyday so it's got a good thing behind it. I i should note and went to the care. Bears website to go. Look all of this stuff up right and what's interesting about it. Is they have a kid section and they have an adult section now the adult section before you get frightened there. It's it's just so that you can buy care bears for your kids. But when i saw that. I kinda took it the wrong way you know. I thought maybe they're going to check my age or something. make sure i'm eighteen Before i access the special care bears don't know anyway. Yeah they they started out as a greeting cards right they. They basically were little characters inside of greeting cards and as with everything in the eighties. They were super commercialized. They each have their own personality. There was also books and candy and stickers close. I remember somebody coming to. School is probably in their school photo. with a care bear on there. I don't know why. I remember that but sweatshirt of a care bear. I think i remember 'cause i might have been laughing a little bit back. Then i don't know anyway They were basically repping their own. Little personas count like seven wars. And they were small. I guess kind of like the seven dwarfs. Maybe that's where they got the idea. I don't know why they did. Do movies The interesting one about their movies was the care. Bears movie to it featured a young girl who sold her soul to a shape shifting demon. That's a kids movie She did that so that she could be better at sports. And by the way. I should mention she was killed in the movie by the demon slayer bear. Okay i made that last part but that would have been a cool ending right. Yeah okay after the adult section remark and the demon bear thing. I don't think the care bears are going to be happy that i'm talking about today. Let's move on shall we. Let's move on to our historic events of the day and we start in seventeen ninety one washington. Dc the capital got its name. Yeah now okay. So washington dc actually would love to become a state by the way. Why well okay. Let's get into that. There's first of all. They're several hurdles that they're going to have to jump through before they can become a state now last year the house actually voted to allow dc to become a state. But that's as far as the got the okay the real question here is why do they want to become a state. Will currently congress essentially controls the local budget for them they also Give them very little say in just about anything and they have very little say in what the country does because yes they've got a congressional rep but that rep can't vote. Yeah it's a nonvoting rep. She can introduce bills and things like abbott. that's it. She can't actually vote on anything so their license plate there. They say taxation without representation so really. It's small area right. it's a city. How're you gonna turn the city into a state but if you think about this state would actually have more people in it than vermont and wyoming. So it's got about seven hundred thousand people and actually alaska only has seven hundred forty thousand people so it would be a pretty decent size as far as population goes. So what's the big deal. Why can't it just become a state will see they would get two senate seats Voting rights would happen in the house and that would perhaps shift control of both the house and the senate because dc is a blue area so it would be a blue state so therefore republicans are very happy about this whole thing. So the chances of this happening. I think it's pretty slim at least right now but if things change then perhaps we will see a difference in some point. Maybe they will get the statehood that they have been asking for for a really really long time. Speaking of statehood will california was admitted as a state on this day in eighteen fifty. Yeah california became the thirty first. Us state now. Let's you know whenever. I talk about a state becoming a state. I always like to give details about that particular state and this one. I actually live it. So i can tell you firsthand. What's going on here in california. Well there's forty million people in california and sometimes all of those people are on the freeway the same freeway in los angeles. Yeah we have five hundred faultlines here in california and that's why we're known for earthquakes. Four thousand seven hundred wineries and that's why we're known for wine. We've got movie studios national parks national forests out. I should say that many of those national forests are closed. Actually all of them are right. Now because of fire concerns so yeah. There's some bad things here in california. Like for instance. We're a big state which might give us political power. We've got that political power but.
"d.c." Discussed on The Majority Report with Sam Seder
"And one of the scenes i describe in the book is going to domestic violence call with a partner male partner and a young woman Sixteen seventeen year old girls in our own living room. She reached into her own bag to show my partner that she was the person who called nine one one and he freaked out in a raptor armies shouted at her but you can see them and you know. She was like officer. What are you know what what is the problem. I'm cooperate and he and you know it was fine. You know there's no report. No no harm no foul and some level but the invisible harm is boy that girls not gonna call nine one one anymore because she got scared out of her mind by a cop who was jumpy and that you know the fear that humiliation that people experience when you have a jumpy scared cop who screams of them that is hard to quantify but it's obviously an enormous negative impact. Wanna get into that more and talk about the Your experience on patrol But but first we should go back and just Talk a little bit about the you mentioned that you think that the Or you know that the the academy has has changed a lot in the past five years and the in the dc police force has also changed. I'm interested in in because a part of that was a function of essentially a consent decree from the doj. And so we just tell us a little bit about that that history you saw the implications like whoa what. The applications of that consent decree did to the police department. How you saw that manifest now. By the time i started. I think most of the impact of the consent decree had had already been felt but late nineteen nineties. Washington dc police have one of the highest rates of officer involved shootings in the nation. And as you said that led to a justice department investigation ultimately a consent decree that required the department to really revamp its training on use of force And its policies on responding to officer uses a force so much so that round the was around twenty sixteen or two thousand fifteen. When i started at the police academy an independent auditor. Didn't evaluation and essentially said dc complied. And no longer has a problem with excessive force. doesn't mean there's none but relatively speaking right which which to me. Actually when i when i talk to people you know a lot of my students at georgetown our police abolitionists and and ovens take perspective. Police reform is a mistake. It just sort of softens a system that is so terrible that softening it makes it seem more legitimate than it's better for this to be so awful that people just recognize that we can't have it all and my response to that is is you know. Maybe someday we will get to a point in society where we don't have police Maybe we can do that. Maybe we should do that. But we're not there yet. It's not going to happen anytime soon. In the meantime reforms don't change structural problems. It doesn't fix structural racism or anything like that but reforms can save lives. And that's not. That's not chopped liver The the other maurice unchanged the police academy. I think you know some of them you know we one of the things that i did together with some colleagues. We started a program where we brought outside speakers in the academy of workshops for young officers and they gave the police chief in ear full about what they thought was wrong at the academy and to his credit Your these young officers tend to be a lot more progressive than than the older generation and to the chiefs credit. He made some significant changes in response. Let me just ask one more question about the consent decree and then i wanna move onto The to your your time on the beat T to what extent can we look at those things and you know the a lot like a consent decree and we should say that came out of The ninety four crime bill which it largely was I think you know people at the time but In retrospect atrocious but the the the concept of the doj being able to comment in at least impose certain guidelines accountability Did the tough part about sort of assessing that the the efficacy of consent decree is of course like the crime has gone down yes adequate the course of that same period time and have different theories as to why. That's the case. I'm i'm sort of a Lead unleaded gas A proponent of that theory of just you know that it's generational function of of lead largely. But how how do we know that that consent decree or do you. You're right that's that's fair. it's overall in policing. It's extremely difficult to distinguish causation from correlation You know crime goes down. Nobody has the faintest idea. Frankly precisely what it was and there are all kinds of theories lead paint and unleaded gas theory kinds of others and none of them can be definitively proven Because they're just you know there's too many different things going on And i think that's that is absolutely fair to say about consent decrees that being said both in dc and in a number of other cities with consent degrees. The correlation is sufficiently strong even if you tease out some of the other factors like like crime. Dropping that it's highly suggested that they're making a difference Can we prove it. One hundred percent Nope we can't did did did cops in your experience have a sense of like..
"d.c." Discussed on WAMU: Local News
"Srivastava and claire valdivia about a major uptick in requests for assistance d. I want to start with you. Can you describe the heightened need the dc abortion fund is seeing right now are fund is volunteer leaden run and mostly a gets its resources from rousers fundraising and individual donors. Sometimes it's been hard to keep up with the need but it's never felt quite this tenuous before last year. Dc abortion fund pledge for about thirty five hundred people and that amounted to just over four hundred. Eighty one thousand dollars for this fiscal year. So far we have pledged for a little over thirty four hundred people. So that's minus the last two months of the year so may june And that has amounted to almost seven hundred ninety thousand dollars. We have never ever pledged that much in a single year and that this is far exceeding our annual budget in the years. Not even over yet. Claire who are the people. The funds serves and how has the pandemic further complicated their ability to actually access abortions. The dc abortion fund serves people who are living or getting their worship procedures in dc maryland. Virginia and our caller is often face tons of systematic barriers A lot of our callers are black and brown people and people with low or no income. They're calling an abortion fund talking to a stranger to ask for money for healthcare procedure that they're seeking they're often calling in coordinating with the clinic in multiple local and national abortion funds to cobble together the funds that are necessary and this is not just to on the abortion procedure itself but also related costs a need surrounding transportation housing and childcare related to the procedure. Kobe has further amplified these barriers in the district accessing abortion is actually a dc statehood issue. I'm d can you explain what the doernen in hyde amendments are and how they limit dc residents access to abortion so the heightened dornan amendments are both annual appropriations writers that are attached to congress budget package so the hyde amendment states that no federal funds shall go toward abortion care outside of very limited circumstances and that counts for all federal insurance including medicaid but also insurance for federal employees. Those and try care. Those were fairly incarcerated. The door and amendment takes that a step further and snakes it so that. Dc's locally raised tax dollars also cannot be used to cover abortion care for dc residents and so of course this diminishes access but also autonomy and the political will of the district on its mostly black residents so some states have recently passed laws to restrict abortion access Claire how could these restrictions and a potential news supreme court battle over abortion affect your work here in our region the dmv has to the only clinics east of the rockies that provides leader abortions so many colors traveling across state lines to access their abortion. Care and this could certainly increase with increased restrictions in other states anti blackness drives a lot of what happens around abortion access an antiabortion legislation in. So what we expect is really disparate impacts legislation national cuts to fund dean Covid and the creation of new barriers at target the black and brown communities will make access even more difficult deon claire. Thank you so much for unpacking this complicated issue with me. Thank you so much..
"d.c." Discussed on The Peter Schiff Show Podcast
"Interviewing but the minute. He started talking about inflation and a weak dollar all of a sudden. He's oh bitcoin. The guys is what do you think about bitcoin. This sounds like is great for bitcoin. This sounds like use your recommend that people buy bitcoin right now. This guy kevin. Warsh never would mention bitcoin at all. If it wasn't for the cnbc anchor drinking bitcoin into the conversation. He didn't bring golden the conversation. He immediately brought bitcoin into the conversation. Which is what every cnbc anchor is trained to do right. They have to do that. They have to ask everybody who comes on about bitcoin right. Because that's what they're advertiser needs. That's what gray scale need. They need to keep pumping up bitcoin. So they're saying oh you're saying there's going to be a weak dollar. There's lots of inflation. People should buy bitcoin so now that the guy's been asked about bitcoin. He actually said well. Yeah you know. I think is certainly feeds into the band for bitcoin. People are looking to get out of the dollar and so they can buy bitcoin so now he's kind of talking to bitcoin playbook and even brought up gold and he said you know i think gold would be much stronger than it is right now. If it wasn't for bitcoin he said if bitcoin hadn't arrived on the scene. I think gold would be much than it already is and he thinks that some of the demand that would normally go into gold is going into bitcoin and to a degree. That may be happening. I think what's probably happening to a greater degree is. Some people aren't buying gold or bitcoin. They might buy gold but they're saying well. I don't want to buy gold. Because bitcoin is the new gold. I don't really wanna buy bitcoin. But i'm worried about buying gold if bitcoin is gonna steal splendor so maybe is preventing people from buying gold. They're not buying bitcoin either. But they're not buying gold but there probably are some investors that are buying bitcoin instead of gold. I think it's unfortunate. They're gonna lose a lot of money. in fact. I think one of the reasons that some of the hedge funds may have an interest in bitcoin. Because it's moving up so much and number hedge funds day take twenty percent of the prophets but they mark the prophets to market every quarter. And so if you've got a big bubble it keeps going up even though you don't actually realize the profits by selling because if you try to sell the prophets will evaporate you can still charge your clients twenty percent of those paper prophets and put real money in your pocket while your clients are just holding fake money and so then when the bubble pops and all that paper profit evaporates and your clients have huge losses. You still have your actual incentive the money that you charged on the way up. You get to keep that. That's real money. You took those chips off the table while you left claims money totally at risk on the table and so your clients end up getting wiped out but you still end up with a pretty good payday. So there's there's some of that going on where you have an incentive for people who are managing other people's money to put other people's money at risk and then get paid as they marked a bubble higher but have nothing on the table of their own when the air comes out..
"d.c." Discussed on The Peter Schiff Show Podcast
"Thirty first one a day so much to discuss. And i might as well just do it. All chronologically starting with these special elections that we had yesterday in georgia. We got the results late last night early this morning and unfortunately the democrats toke both of the senate seats. I was pretty clear that it was going to be a winner. Take all it was hard to believe that voters would split the take it when people were voting for who they wanted to control the united states senate. Did you want the democrats to control or did you want the republicans and since that was the rationale behind the vote. It wouldn't really make sense that people would just vote for the candidates. They were really voting for the party. And so that's why it was either going to be the republicans winning both or the democrats winning both at it ended up being the democrats. And if you're looking for somebody to blame for this loss. I think the one person that is the most to blame is president. Donald trump and i criticize trump. The day he stabbed any relatively fiscally responsible. And again i put that in quotes. Because i don't know that any republicans really are still fiscally responsible. But clearly on a relative basis there are some that are less irrresponsible than others and whoever those republicans are donald trump stabbed them in the back in a very visible way when he threatened to veto the stimulus bill. Which of course he didn't follow through with but the reason he said he wanted to veto it was because he wasn't generous enough he didn't think a six hundred dollar check was big enough and he wanted everybody to get a two thousand dollar check and of course. He didn't care how much larger the deficits would be to make. Goes checks possible right to make sure they didn't bounce. He didn't care how much money to federal reserve was going to have to print. So the checks wouldn't bounce. He wanted americans to get two thousand dollar checks now that put senate republicans in an untenable position where they were the only thing standing between voters and a two thousand dollar check because the soon as donald trump made the selfish mistake of grandstanding about how he was the one that wanted to give everybody a two thousand dollar check as if he was writing a check out of his own bank account. It's easy to be generous with somebody else's money but donald trump said. I want two thousand dollars and nancy. Pelosi being the good politician that she is right immediately seized on the opportunity that handed her to immediately call for a vote in the house of representatives unanimous consent to agree with the president and deliver additional checks. Two thousand dollar check to every voter and the only reason that that didn't happen was because you had republicans in the united states senate that didn't want as big a hole in the deficit. Not that they're already isn't a gaping hole in there anyway but i guess they had to draw a line somewhere and so they said that's it. We're not going to do these. Two thousand dollar checks it's too much borrowed money. It's too much money printing. It's not necessary. You know we're not gonna give checks to people who don't need it and so they stopped the checks and that opened up a great window of opportunity for president elect joe biden because he basically was able to frame the george election as a referendum on those checks biden actually bribed the electorate the voters by basically saying. Hey if you want your two thousand dollar check you need to vote democrat if you vote republican and the senate stays in republican hands. You're not going to get your two thousand dollars because those greedy republicans won't sign onto the legislation but if you send to new democrats to washington that will approve of the two thousand dollar checks..