35 Burst results for "Double Double"
Wealthy Behavior
A highlight from A Primer on Mortgage-Backed Securities
"Welcome to Wealthy Behavior, talking money and wealth with Heritage Financial, the podcast that digs into the topics, strategies and behaviors that help busy and successful people build and protect their personal wealth. I'm your host, Sammy Azuz, the president and CEO of Heritage Financial, a Boston based wealth management firm working with high net worth families across the country for longer than 25 years. Now let's talk about the wealthy behaviors that are key to a rich life. On this episode of the Wealthy Behavior podcast, we have a special guest, Ken Shinoda, portfolio manager at Double Line Capital, where he manages and co -manages several fixed income strategies, as well as overseeing the team investing in non -agency backed mortgage securities. I can think of a few people who would be better to speak with at a moment in time like this for the market, just given the sharp moves we've had in interest rates, which have impacted bonds and stocks and mortgage rates being higher than we've seen in a long time. And be sure to stick to the end as I digest this conversation with our chief investment officer, Bob Weiss, and share his key takeaways as well. I'm excited for this conversation, so welcome to Wealthy Behavior, Ken. Thanks for having me. Appreciate it. Absolutely. Could you provide our listeners maybe with a brief overview of Double Line and your role with the firm? Absolutely. Double Line is a Los Angeles based asset manager. We predominantly manage fixed income, but we also have some passive smart beta equity strategies that have done quite well. We have a commodity strategy, but I would say about 90 % of our assets are fixed income based with a heavy tilt towards securitized products, which are things like mortgage backed securities, asset backed securities, collateralized loan obligations. We have about 95 billion under management. And what is your role specifically with the firm? I know I mentioned the bio, but how would you explain that to listeners? Yeah, I am a portfolio manager across a variety of our products, especially those that are more focused on mortgage backed securities. I also have the structured products committee, which oversees the asset allocation process on our securitized focused strategies. How did you get started on this career path? How did you get to this point? I wanted to get into something real estate related coming out of school. I had a couple of interviews. I actually was interning at Trust Company West TCW, which where many of the Double Line employees came from and just happened to stumble onto this role. I never didn't come out of school thinking, hey, I want to trade mortgage backed securities. It wasn't really something that was pushed on the West Coast. I think East Coast schools are more investment banking trading focused. So, luck happens. Pretty big asset management community out in the West Coast with a pretty big presence, especially in Southern California with PIMCO, WAMCO, Capital Group out here. So there's actually a pretty big fixed income focus, at least in the Southern California area. Great. And we've talked a couple of times already about mortgage backed securities. How would you explain those to listeners or maybe people who've read the big short and have some misconceptions about what they are and how risky they could be? If you go back a long, long, long time ago before we created the government sponsored entities, Fannie, Freddie and Jeannie Mae mortgages, if you went to a bank to get a mortgage, it was always going to be floating rate, a digestible rate mortgage because the banks didn't want to take on such a long duration risk. And what happened was Fannie and Freddie and Jeannie Mae were put into place to try to get the cost of debt down for Americans to buy homes and a goal to increase home ownership or help more people get into homes. And they introduced the 30 year fixed rate mortgage and then they would package up those mortgages eventually and create bonds backed by these mortgages. So you can basically buy a bond that's government guaranteed, that's whose cash flows come from these mortgage backed securities. And so instead of taking on credit risk, what you're really taking on is prepayment risk. If rates go down, borrowers have the ability to refinance without any cost really. And if rates go higher, then the refinancing activity slows down. So you have this kind of like uncertainty of how long your investment is. Is it a one year bond or is it a 10 year bond? It all depends on the prepayments through time. So instead of sitting around and worrying about credit risk and default risk, you're really sitting around and worrying about the direction of rates and what that means for refinancing activity. And so the direction of rates is a great place to go. You've been doing this for a while. How would you characterize the investment environment, the interest rate environment that we're in right now? Well, it's been the worst interest rate environment that I've seen from a sharp movement and rates higher. I mean, we've been in a bond bear market now for three years, the 10 year yield on a closing basis. The low was in August of 2020. Intraday, we were a little bit lower in March during kind of the fiasco when the shutdown started. And we've reached new highs in August across the curve really. So it's been a really tough market. Part of it's been driven by the Fed with their reaction to high inflation. And we've seen a pretty dramatic increase in short term rates and the long end has fallen. And we have a little rally as there was hopes and glimmers of a soft landing and data rolling over. But what we have now is the soft landing narrative is still there, but the data's coming in better than expected. So I think a couple of prints, the GDP print came in strong, you had services coming strong, you had some jobs that are still coming in strong. And so the whole curve has kind of shifted back up with the market now thinking the Fed may still have more to do. And if they don't have more than one hike, they're at least going to keep rates higher for longer. And if the economy is strong, then why should long term rates be so low? Maybe they should normalize up towards, let's say, four and a half, five percent on the 10 year. So that's kind of what's happened, I think over the last 30 days is the narrative has shifted from kind of this expectations of growth rolling over to, you know, perhaps growth is better than expected. And now the market's just waiting and watching for more data to come in to guide them. So you're not to put words in your mouth, but maybe you're more in the camp then that the higher rates that we've been seeing is a good sign for the economy versus a bad sign for the economy? I think in the near term, it's a good sign. It means that the data is coming in positively. The data is backwards looking, though. So I think inevitably the lags will kick in and higher rates will start hurting certain pockets of the market. You know, the what's happened is so many high quality companies locked in such low cost of debt and so many Americans locked in such low cost of mortgage rates. Right. Three, three and a half percent, you know, maybe a year or two years ago that it's just taking long for the transmission mechanism of higher rates to come to the economy. We just have way more fixed debt than than we used to. Europe is a place where the transmission mechanism is perhaps working faster because more of their lending to companies is floating rate at banks. So the places where we're going to see the pain and we're already seeing pain now are pockets that are more floating rate. So commercial real estate is a good example. A lot of floating rate debt there. You're talking about people that borrowed it like, two percent, three years ago, and now they got to roll their debt at like seven percent. Right. It's going to create issues. Bank loans, bank loans float and the cost of debt is effectively double. The average spread on the bank loan index going back 10 years is about 500. And short term rates are now 500 basis points. So these companies went from borrowing at five percent to now having to pay 10 percent. It doesn't happen overnight. It takes time. Those are those lags that everyone talks about. And I think that they'll still come through eventually. And it's probably going to happen sometime in the fourth quarter or first quarter next year. So right now, the move higher in rates, I think it's in reaction to the positive economic data that we're seeing. But I still think it's an attractive entry point. If you haven't owned long treasuries or assets that have interest rate risk, it's been a good thing for you. So congratulations. But now it's probably one of the cheapest parts of the market. I mean, you want to buy assets when people are pricing in all the bad things. There's not much downside left. When I think about treasuries, that's kind of how it feels right now. Like everything bad that could happen is happening or has happened. Right. The Fed is hiking. Inflation was high. Foreign buying is very low. Economic data surprisingly upside. So it's kind of like all the bad news seems to be in. Last week was interesting because you had that services PMI come in stronger than expected. It will jump up. I think it went from like 52 to 54 or something. If it's north of 50, it's expansionary. And the economy in the US is very service oriented. And off that news, the bond market didn't really move much. It's already kind of at these high levels. I think you would have expected another move higher in rates on that news, but it kind of just settled in. So the big headwind right now is the supply. There's just a ton of treasury supply coming. But if you get any data surprise to the downside come kind of Q4 or maybe Q1 of 2024, I think that could ignite a pretty strong rally in rates. So the thing to worry about is really, does growth stay stronger than expected? We grow our way out of this, right? Yeah, absolutely. So would you agree that the Fed is much more influential in determining short term rates and the market is much more influential in determining like 10 year yields? Yeah, I agree with that. I think that's accurate. So maybe back it up and help our listeners understand what makes the 10 year yield move in either direction? What does it mean when it's moving up or when it's moving down? Yeah, I mean, there's different ways to models that have come out from different participants to like estimate what the fair value for the 10 year should be. One of them is what is the neutral rate of interest that's neither accommodative or restrictive? The R star. And that's, I think, the first layer. So let's just throw a number out and say that's like 2%, right? Then sometimes people say, well, then you need to layer in what long run inflation will be over that 10 year horizon. So let's call that, that's another 2 % or so core CPI gets back down to that level. And then some term premium, maybe that's 50 basis points. So that would get you to like a 4 .5 % 10 year treasury yield. You're getting the neutral rate plus some premium for inflation over 10 years plus some term premium. And you could argue over the term premium, maybe it's supposed to be 50, maybe it's supposed to be a hundred. If you think it's going to be a hundred, then you should think 10 years going to 5%. Now on the flip side, there's buying from pensions and there's buying from money managers and other institutions that kind of can drive the fair value below that four and a half number we just came up with, things like QE, right? That's why we got to such low levels is that the buying outside of those that are just looking at that fair value coming in, maybe it's lack of supply, maybe it's foreign buying and so on and so forth. So part of it's driven by kind of expectations of inflation through time. And then part of it's just driven by the supply and demand of bonds that are out there. And that can be, things like QE can affect that, right? So that first 2 % that you called, I was picturing in my head is almost like the neutral rate. What determines that? What would cause that to be higher or lower? Or is that just fairly static across time in that assumption or that model? That's the big debate upon the context right now is, are we in a new world of higher inflation where the neutral rate would need to be higher? Whereas if you go back to like the last 20 years pre -COVID, let's call it when we were in this like world of secular stagnation, where there was arguments that maybe that neutral rates is much lower since we're living in a world of lower growth, lower inflation, so on and so forth. So depending on how things shake out and what the future looks like, maybe that neutral rates higher. What are some things that could make inflation and growth stay higher? There's like the three D's I call it. It's like demographics, right? We've had a smaller workforce every year going back the last 10 years because the baby boomers are retiring. We also stopped immigration pretty aggressively too. So demographics are part of it. You got defense spending, right? Governments are definitely spending more on defense and that could be inflationary, expansionary. We've got spending on decarbonization, right? There's going to be trillions of dollars spent on decarbonization. There's infrastructure spending that needs to happen in the US. There's all these sources of potential growth that are coming that in theory could keep growth higher, inflation higher. And this is not a bad thing for the economy, but it just means that rates will probably have to be higher. And so I guess the real truth will be shown is after we kind of get through the next 12 to 24 months, soft landing, no landing, hard landing, whatever, what comes next? And are these long -term forces that are potentially pushing through into the economy going to keep growth and inflation higher in the future? Got it. So pivoting to mortgage backed securities, what are you seeing in the mortgage backed securities market now? Yeah, mortgages look the most interesting they have in almost 10 years. If you look at the spread on current coupon mortgage backed securities, which are the bonds that are being manufactured today by the loans being made today. So these are like seven and a half coupon loans get packaged into six and a half coupon bonds. The spread on them somewhere call between it like 165 to 175 and relative to corporate spreads, which are almost a hundred or a hundred ish, maybe a little bit wide of that.
The Dan Bongino Show
Leo Terrell: AG Merrick Garland Avoids Telling the Truth
"Listen I'm not sitting here telling you Leo that if you're a conservative and you commit a crime you should be given a pass it's not what I'm saying I'm simply suggesting to you and I think you'd agree being a civil rights attorney that the idea of blind justice is that everybody's treated equally you screw something up here are the penalties and the penalties are the same for both people if they did the same thing with the same conditions but that's not what happens Leo you know it I mean BLM and Antifa you know burning down attacking courthouses people nothing happened to them at all yeah you look at the you know the January 6 people find themselves in the gulag I mean this has to be deeply impactful to a guy like you whose whole life's been dedicated to civil rights it's hurtful because you want to treat everybody equally and then you know the Democratic Party has abandoned the whole concept of what Dr. King said you judge people by their character not by the skin and ever since the 2020 riots Dan that has been abandoned by the left and the Democrats and by Merrick Garland I've been practicing law for 30 years I think second place would know what I know the law and when I hear Merrick Garland during this hearing today say I don't recall know what he's saying I'm not going to tell you the truth I'm not going to tell you when you hear that phrase I don't recall I don't are you kidding me I know that phrase everyone every good lawyer knows that phrase There's pride to avoid answering the truth but I'm going to tell you something Dan CNN and MSNBC they're abandoning Joe Biden guess what they're covering the congressional hearing so the message is getting out now Dan remember it used to just be one or two stations they're now covering it they're now what's happening in that congressional hearings and I'll tell you right now everyone in this country knows that President Trump has been treated unfairly it's a double standard if you're a conservative it's a double standard talk about that Virginia parent who whose daughter was assaulted talk about the man who was charged facing those charges on the abortion clinics in
The Tennis.com Podcast
A highlight from Raising Alycia: Michael Parks On Being a Pro Tennis Player, And Giving His Daughter Every Chance To Succeed
"And with that said, now, financially, that's a whole another story that. There were people that wasn't there. I just think of that. So right now, you look at Alicia and now she's what, 22? Yes. Twenty two grown woman now, top 50. Has a singles title, right, has a doubles title. And now as an adult, how is it now? Parenting an adult and trying to help them transition into the real world, right, growing up on a global stage with everybody looking at you. And, you know, you didn't have social media back in your era. I didn't have it in my era. Right. And so they've got a lot more people have a lot more access to them positively and negatively. Right. I mean, you can you can somebody can send Alicia a negative message on her phone. I guarantee she see it on Instagram. Right. They can't resist not looking at it. Right. So how is it now trying to sort of let her grow up and have a career and still be a parent? This is tough because we're going through that now and we just you have to do a lot of praying. And then my wife discussed that all the time. It's like the social media. And I tell people all the time, this is a great thing. Social media is great.
The Crypto Overnighter
A highlight from 674:JPEX Meltdown, FTXs Family Feud, and Global Regulatory Squeeze
"Dispatch, this is Mindy at ME Flow. You know, you don't have to put off fixing plumbing problems in your home anymore. I mean, you could just ignore that clogged drain. Or visit MEFlow .com to take care of your plumbing problems. ME Flow, License 271 -001 -2450. Dispatch, this is Mindy at ME Flow. Coming to terms with a dying AC unit is tough. I know, because I've been there. I tried to get my old unit to last just one more summer, and boy did I pay the price. Longest summer of my life. So trust me, if you need to replace your AC, just call ME Flow. My team is on time, total pros, and can take care of any type of AC replacement. Visit MEFlow .com to schedule your free estimate. ME Flow. One call, one company. Well, I gotta get back to it. Dispatch, this is Mindy. Go ahead. Good evening, and welcome to the Crypto Overnighter. I'm Nickademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10pm Pacific on Tuesday, September 19th, 2023. Welcome back to the Crypto Overnighter, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight, we're diving into Hong Kong's JPEG scandal, which has rocked the crypto world and prompted regulatory crackdowns. Across the pond, the UK is sharpening its legal tools to seize crypto assets. But at what cost to financial freedom? In a surprising twist, FTX is suing the parents of its founder, Sam Bankman -Fried, for alleged misappropriation of funds. Meanwhile, the New York Department of Financial Services is tightening its grip on crypto firms with new guidelines. Down in Thailand, a new tax policy could discourage crypto trading by residents, and over in Malta, the blockchain island is aligning itself with new European crypto regulations. Since around the beginning of the year, we started bringing stories about Hong Kong's re -emergence into the world of crypto. We watched China turn a blind eye as Hong Kong politicians and officials appeared to soften their stance against crypto. We've watched as policies have been announced and licenses granted. Sadly, it seems Hong Kong's brand new crypto landscape is in turmoil thanks to the JPEG scandal. The Hong Kong police have arrested eight individuals in connection with the alleged fraud. The police received 1 ,641 complaints involving assets around HK $1 .19 billion. The authorities also seized cash, jewelry, computers, and phones worth about HK $8 million. Additionally, HK $15 million in relevant bank accounts were frozen, along with properties worth about HK $44 million. Hong Kong lawmaker Duncan Chu stated that the city is running its second round of consultation for stablecoin issuance guidelines. He hopes that regulatory guidelines for stablecoin issuers will be released by the middle of next year. This comes as Hong Kong aims to develop itself into a Web3 hub. In June, Hong Kong officially started its crypto licensing regime, allowing licensed exchanges to offer crypto trading services. The JPEG scandal is a glaring example of why regulation is both a necessity and a double -edged sword in the world of crypto. Hong Kong, unlike its hulking big brother China, has been more welcoming to crypto firms. Yet, the JPEG case shows that this openness can be exploited, and the government's response? Tighten the news. Hong Kong's chief executive announced increased efforts to inform investors to only use platforms with Securities and Futures Commission licenses. The JPEG case exposed the vulnerabilities in Hong Kong's crypto market, and it's clear that the government is now in damage control mode. The question is, will this lead to overregulation, thereby stifling innovation, or will it strike a balance, ensuring both growth and security? Either way, it's a critical moment for crypto in Hong Kong, and by extension for the global crypto community. Now before we move on, remember if you find this content valuable, hit that follow button and turn on notifications. Now from Hong Kong's regulatory puzzle, we hop over to the UK. The British are writing new laws that could redefine your notion of financial freedom. Is this an evolution or a step back? Let's find out. The UK is ramping up its efforts to combat crypto -related crimes. A new bill, known as the Economic Crime and Corporate Transparency Bill, is set to be enacted later this year. This legislation aims to empower local authorities with the ability to freeze and seize crypto assets tied to criminal activities more efficiently. The bill removes the need for an arrest or conviction before assets can be frozen. This is a significant change from the current laws. The bill also introduces new civil forfeiture powers. These allow assets to be seized even if a person is not convicted of a criminal offense. This is particularly useful in cases where the subject of the investigation is unlikely to face justice in the UK. The UK plans to spend $124 million to fight economic crimes, a 50 % increase compared to 2020. The bill has moved to its final stages in parliament and is awaiting final approval. Okay, where do I begin? The UK's new bill is a double -edged sword. On the one hand, it's a powerful tool for law enforcement. It can prevent criminals from moving their assets offshore before they're seized. But on the flip side, this could be a slippery slope towards more centralized control over crypto assets. The bill's broad powers could potentially be misused, leading to unjust seizures. Moreover, the UK's aggressive stance might push crypto activities to jurisdictions with lax regulations. This could make it even more challenging for global authorities to track illicit activities. The bill also raises questions about financial privacy. How much power should a government have to freeze and seize assets without a conviction? The UK's move is a clear signal that governments are becoming increasingly uncomfortable with the decentralized nature of cryptocurrencies. While the bill aims to fight economic crimes, it also sets a precedent that could be followed by other countries. This could lead to a global tightening of regulations around cryptocurrencies, which are something we should all be wary of. How you think seizing crypto assets without a conviction is shocking? Hold your horses. FTX is suing the parents of its founder. You heard that right. It's a family feud worth millions, and it raises some dark questions about ethics in the crypto world. Don't go anywhere. So that's gotta be a rough day. The day the company you founded sues the very people who gave you life. But that's what's happening as FTX is suing the parents of its founder, Sam Bankman Fried. The lawsuit aims to recover millions in quote, fraudulently transferred and misappropriated funds. Both parents, Joseph Bankman and Barbara Fried, are accused of exploiting their influence within FTX to enrich themselves. The lawsuit alleges that the parents received millions from FTX for personal benefit and their chosen causes. For instance, they received over $18 .9 million for a property in the Bahamas known as Blue Water. The parents are also accused of siphoning off money for lavish expenses like $1200 per night hotel stays. The filing further claims that Joseph Bankman had a unique understanding of FTX's complex corporate structure, which he used to facilitate a $10 million cash gift to himself and Fried. Barbara Fried was the point person for SPF's political contribution strategy and co -founded a political action committee that received tens of millions of dollars from FTX. The lawsuit also says that the parents were involved in FTX's business cradle to grave. Joseph Bankman is described as a de facto officer of FTX group with broad authority to make decisions. Barbara Fried was actively involved in FTX's political donations. The lawsuit against SPF's parents shines a glaring spotlight on the darker aspects of the crypto world. The case raises questions about the ethical boundaries within businesses in the crypto space. The parents, both law professors, should have known better. Their academic credentials add a veneer of legitimacy, making the allegations even more shocking. The involvement of Stanford law professors in such a scandal reminds us that even those in towers can be lured by the siren call of easy crypto riches. The lawsuit paints the picture of a family that used their intellectual prowess, not for the betterment of society, but for personal gain. It's easy to get caught up in the promise of decentralization and financial freedom, but this lawsuit shows that the same old vices, greed, corruption, and exploitation, can infiltrate even the most modern of financial systems. It's as I said at the time, the crime had nothing to do with crypto and everything to do with greed. Intrigued by the drama at FTX? Make sure to like this episode and share it. But now, let's switch gears. If you thought family drama was complex, try navigating New York's new crypto guidelines. The NYDFS is tightening the leash on crypto firms. Is it protection or overreach? We're diving in.
The Financial Guys
A highlight from Country Music and Political Bias
"This isn't about, well, they had to make some business choices because maybe people weren't buying enough milk and bread and sugar in the local Chicago neighborhoods. No, they were running for their lives. For God's sake, they were shutting down. They couldn't shut down fast enough and get those those stores closed. Welcome to another Financial Guys podcast. I'm Mike Hayflick along with my partner Mike Speraza. Mike, how you doing buddy? I am good. I am good. We talked about this on our morning show. We got a Bill's win this week. That felt good. Oh, that was so good. Yeah, so hopefully they keep that going in Washington this week. Yeah, and it's definitely like a palpable feeling in Western New York and across, I guess, Buffalo Bills fan land when they win versus when they lose. And so, I don't know, everyone moves around and walks around, talks like very optimistically. If you pay attention, some people go, I don't even know. I don't even know what the game did. You know, who won? But it's a pretty cool thing when a lot of people get together and actually there's a victory and there's a conference tough this year. So, one -on -one and go beat up Washington and then you got a big one against Miami. Yeah, oh yeah, they're a scary team. A lot of offensive power over there in Miami. So, Mike, first I need to make a correction. I mentioned on our morning Mike's episode yesterday that Philadelphia was looking at government -controlled grocery stores. I was wrong and I think it's important that we confess our sins. Fact checkers. Fact checkers. It was actually Chicago, Mike, another wonderfully run liberal Democrat city in a very wonderful Democrat -led and controlled state called Illinois. Well, Illinois, Mike, just so you know, is now also what I'll call a no cash bail required state. And this was pushed by, you'd guess it, Illinois Democrats. The idea here is judges can now determine whether individuals accused of a specific set of felonies or violent misdemeanors pose a risk to another individual or to the community at large. So, you know, once again we need to go to bat for these people that are alleged criminals. And forget about the victims, Mike, because the victims, you're victimized, allegedly, and you better seek some help, seek some safety, because these folks might not be held. They might not even have to produce bail to be held. Is it getting, I mean, is this just absolutely absurdity? Like some violent crimes, Mike, violent crimes, they might not have to post a bail. They could just basically be let out. And as long as you come back within 48 hours for your hearing, you know, then we'll deal with it. As long as you come back to court in 48 hours. You know, so, you know, we laughed yesterday because you realized right after morning, Mike, that you put in Philadelphia instead of Chicago. But it was weighing on my Christian mind. I know, I'm thinking of the Catholic school nuns and priests that I grew up with, you know, in education. I'm thinking, oh my gosh, I have to get back on the air. I have to redeem myself. And I'm sure we'll fact -check you on The Morning Show again tomorrow, too. So we'll get a double dose of it. But what I will say is you put in Philadelphia instead of Chicago, but just insert Democrat City here. So if you want to use L .A., if you want to use Buffalo, Rochester, New York City, like that's how bad it is. You screw these things up, Mike, because all of these places are the same. They really are. They are. They should be treated the same, too, because they do the same things. This government controlled grocery store thing, though, if we could just go back. Oh, yeah, yeah, we have to do that. That is as ridiculous as anything I've ever heard. A government controlled grocery store. The government can't control health care. They can't control anything. You know, F -35 planes that just go missing and or the budget or you name it. Right. Right. Now they're going to be controlling grocery stores in that area. Why? Not because they need to in terms of, you know, like every grocery store is out of business, but because grocery stores have said, I don't want to be there because that place is a hole. Right. That's exactly right. And that's that's really the absurdity of it and the humor in it. So this is this is from Amaya Powar, senior adviser at Economic Security Project. This is about that. The Chicago run city owned grocery stores. The city of Chicago is reimagining the role of government. Mike, stop, stop for a second. Yeah, let's not let's not do that and say we did. Let's never reimagine the role of government it's unless closing government down and reducing the size of it. I want to know who first imagine grocery stores run by the city, by the government, and now who's reimagining. So it was an imagination. Let's leave it in imagination. Let's not make it reality. So this was the idea though. What role can government play in our lives by exploring a public option for grocery stores? Bad idea. Bad idea. Via a municipally owned, municipally owned, Mike, who owns municipal taxpayers, right? Yeah. So municipally owned grocery store and market. Not dissimilar, Mike. So, so if you were thinking this is maybe going the wrong direction. Oh no, no, no. Think like this. Not dissimilar from the way a library or the postal service operates.
Discerning Hearts - Catholic Podcasts
A highlight from Episode 11 The Drama of Atheist Humanism Fr. Joseph Fessio S.J., Vivian Dudro, and Joseph Pearce FBC Podcast
"Welcome, and welcome back to the Forum Book Club, with Vivian Deutero, myself Father Fesser, and Joseph Pierce continuing to discuss Henri Robach's classic, modern classic, the drama of A .K. Schumann. The last session we actually finished on the end of the chapter. Let's see what we can do this time as we begin chapter three, Positivist Transpositions. The previous chapter was about the alliance that he sought with the Catholic Church as an instrument of promoting the final status of civilization, namely the positivist order. So let's see how the transpositions take place. Joseph? Well, yes, at the top of page 12 and 16, again, I like there's an irony, a role irony, I think, in Henri de Lubac's voice here. He says, then, speaking of Comte, then the new Aristotle, so the philosopher, had changed into a new Saint Paul, so basically a religious zealot, in order to complete the edifice. Quote, I have systematically devoted my life, he says, in the systeme de politicians positif, to making real science ultimately provide the necessary basis for the sound philosophy, according to which I should then build up the true religion. So we have the evolution here. Real science leads to sound philosophy, which leads to true religion. This is where this positivism is going. And I would like to back up, if I may, to the very first page of the chapter, where de Lubac points out that this alliance that Comte wants to create to bring about his true religion was intended to be purely temporary. He thought it expedient because he no longer hoped that the triumph of his own church at any rate among the masses was as near as he had at first predicted. And I would just like to editorialize that every time people outside the church try to co -opt the church for their own purposes, for them, it's a temporary phase. You know, think about concordats with Mussolini or Hitler or any of these attempts to co -opt the church. Ultimately, the end is to destroy the church or replace it with this regime having total power. And so, thankfully, as we pointed out in the last chapter, de Lubac said this temptation will come again and again, but that it won't in the end. The church will, because of the Holy Spirit, will not be prevailed upon. But it's important to know that that temptation is a perennial temptation on the part of people seeking power to use the church and on the part of people inside the church to seek a legitimization on the part of the powers that be that want to use the church for their own ends. Yeah, but again, I do love, and this is such a, we might say, a dry topic, that I do like the Lubac's raw sense of humor. So even the first part of this, the true Catholicism, positivism through Catholicism. On page 219, three lines down, according to Kant, the new Catholicism is modeled on the old. The church had her sacraments. Skipping a couple of lines, positive has his rights to consecrations or social sacraments. And he says there are nine of these sacraments in positivism, including one that is received after death. That's an innovation. Right. Yes, he, so the transposition that's happening here is, you know, for everything that the Catholic Church offers its flock, he's going to transpose that with something of his own invention that resembles it, but is actually emptying it of all of its original meaning. Well, only these got out. Yeah, just these got out. No big deal, right? Including a liturgical calendar with saints, the cults of saints, prayers. All of this is spelled out in the next few pages of all the things he's going to make. It's sort of, as Lubac says, again, perhaps broadly, this process of incorporation after death, which may rather be compared with canonization. And in fact, it is, in fact, I think canonization, it's secular canonization. These people will be immortalized as heroes. It's going right back to paganism, right? You build statues of them all over the place. You put them on the calendar. And so, you know, if you're a good servant of the positivist religion, you will be immortal, not in the sense of going to heaven, but in the sense of being remembered and revered. Yeah, I'm going to jump way ahead to the conclusion of everything here. That's fine. Just one little sentence, 266 at the bottom, where the little box says here, Cohen's spiritual itinerary is that of man himself. Lost faith cannot long remain unreplaced. You know, you leave out God, something, some idol is going to take God's place. That's right. My father going right back 46 pages, you see it on the top of page 220. He's talking about that man becomes, quote, a veritable organ of the great being, capital G and capital B. I mean, what on earth is the great being if we're not allowed to believe in God? Is it Comte? Or if it's not Comte, is it humanity in some sense? Yes, it's humanity. The abstract deity, the great being. Yeah, yeah. That's I think, Chesson referred to that as similar to being on a crowded tram, as you would say, humanity. Amorphous mass all around you. I have something on page 229. Anybody before that? Let's go for it. Like the last part of that paragraph at the top. Apart from all questions of doctrine, this is Judelbach speaking. One cannot take seriously the musings of a man who never understood a word of the gospel and who sank deeper every day into the monstrous egocentricity. The crude and lacrimose consolations to which Comte innocently abandoned himself in his sanctuary cannot be taken for genuine spirituality. Telling it out how it is, basically, that's somewhere at the end. This is a madman, egocentric, narcissistic madman. And here's the Judelbach exercising that discernment that he says needs to be when we're dealing with these intellectual systems or ideologies, there's an intellectual discernment you have to go through and think about it. But then there's the spiritual discernment, right? That's what he said in the previous part of this book with respect to you. If we can go back perhaps to 224, just a footnote there, because this, I think, is very interesting and it has this wonderful phrase moral eunuch. This is somebody writing about Comte in a pejorative way, in a negative way, I should say. Comte is a man whom the exclusive culture of scientific ideas has reduced to a true degradation. He is a moral eunuch, all feeling, all poetry, which is to say, all manifestation of feeling is something he has completely disregarded or rather that is completely unknown to him. And now this whole different moral eunuch, not only is it a good phrase, a powerful poetic phrase, but it's really, I think, also a description of many of the worst psychopaths, right? Is that they actually have no moral compass. They have no moral feeling, no moral emotion. They can do hideous, horrible things dispassionately because they're morally impotent. Yeah, it's a strange thing. We all have a moral sense and we can't be human without it. And yet it seems to be a submersion of something. I remember years ago, I heard a confession of a young woman who is from a good family and actually lived a pretty good life. But this priest kind of seduced her. And so she was spending time in his factory bedroom and she confessed it. But it wasn't like it was something really serious. She didn't feel any moral seriousness about that, even though she did come to confession. But it just seemed like, for whatever reason, there was a colorblindness almost, you know? She could see some things, but couldn't see others. So it happened. A desensitization, which is, of course, dangerous, right? When you suddenly become so habitual, you no longer see it as being anything unusual and therefore nothing too much of an aberration, right? If you do it all the time, we excuse ourselves for it. I want to jump back to 229, unless there's something in between. The second section is called The Priesthood of the Scientist, which is a good description here. So far, only the most general of the transpositions in Catholicism has been considered. But there are two others that complete it, although he divides it into three here. A form of worship, a dogma, and a regime. In other words, it has poetry, it's philosophy, and it's politics. Those are the three transpositions I'm going to talk about. Here's one on page 232. You mentioned the thing I brought up before about the specialization of science. The new paragraph there. For what type of scientist would be worthy to belong to such a priesthood? Well, keep going. Comp never cared for empty learning. See, this is this dismissal of the theoretical pursuit of knowledge just for its own sake, which is what the pure sciences are. He has no time for that because that's just empty learning. And another quote from him, cloudy erudition that contents itself with mechanically accumulating facts and which is equally fitted to serve the most contradictory opinions. Well, that is right. When people are, you know, you might have run into somewhat the different theory from your own. Anyway, he just can't abide that. The irony is that, as I understood it from our early discussions of Comp's philosophy and positivism, was it was building a philosophy which denied the existence of metaphysics. In other words, the empiricism and scientific materialism were the only building blocks upon which any truth could be built. And yet he seems to outgrow that and sort of like a Saturn five rocket jettisons, the very thing that got him into orbit. And so the next sentence there, the true positive spirit, as he conceives it, is at bottom just as far removed from empiricism as from mysticism. So he seems to have no real connection with the very, very ladder by which he's climbed. And that's a brilliant expression of the fact that he rejects what he sees as wrong in empiricism, being too specialized. And he rejects mysticism, which is a transcendent, basically. And in the middle is what? Something's going to take the place of the mysticism, which is humanity, and him he as as the pontiff of them all. At the bottom, a couple more lines down, he blames, quote, the exaggerated intellectual narrowness that comes from an empirical specialization. And that is true. But what he says on page 233, about 10 lines down, the aim in view should be systematic generality. Analysis should be subordinated to synthesis as progress is to order in egoism to altruism. At bottom, the whole thing should be one single science, namely human, or rather social science. Social science. There it is. There it is. That's how we have departments of social science on every university campus. That's where it came from. But look how scary that is, that basically all analysis, in other words, all reason, is subject to synthesis, which is, again, it's the inversion, perversion and reversion of the whole Hegelian thing, right? Where you're using reason, you have a thesis, then you have an antithesis, and then you come to a synthesis. Well, now you get to a synthesis. This is the final synthesis. We will have no more theses and antitheses. This is this synthesis and all future reasoning, all future analysis is subject to this final synthesis to which we've arrived, right? That's absolute ideological tyranny and totalitarianism of the 20th century encapsulated. That's right. But ironically, on 233, he wants the scientist to be, this is the top of the second paragraph, to be a man with an encyclopedic mind. Well, I thought you just said you didn't want all these, you know, this detail, this clutter, you know, with, no, I guess he's going to handpick the details that are important. Yeah, the encyclopedia would be the positivist cataclysm. That's the encyclopedia, and you can't read anything other than that. But again, you know, facts themselves, you know, mathematical quantities, these have to, we have to exercise our faculty of judgment to decide of all of this litter of facts, what's really important and what's the hierarchy of value that they have and what is all of this knowledge to be in the service of in the first place, but to God. So you take that out. Now you're just going to have an arbitrary selection of facts. Okay, what does this sound like? It's going to be settled science. We're going to arbitrarily pick the facts that fit our program. Anyone who makes any questions or complaints about it is antisocial, by definition, going to be canceled, right? Like what you just said, Joseph, this is exactly the totalitarian ideological mindset that we're up against, even now. Which is putting the template in place, which will lead to the murder of millions of people or several decades later. We'll return to the Forum Book Club with Fr. Joseph Fessio, Vivian Dudrow, and Joseph Pierce in just a moment. Thank you. Did you also know that you can listen to Discerning Hearts programming wherever you download your favorite podcast, like Apple Podcasts, Google Play, iHeartRadio, Spotify, even on Audible, as well as numerous other worldwide podcast streaming platforms. And did you know that Discerning Hearts also has a YouTube channel? Be sure to check out all these different places where you can find Discerning Hearts Catholic podcasts, dedicated to those on the spiritual journey. Take Lord and receive all my liberty, my memory, my understanding, and my entire will, all that I have and call my own. You have given all to me. To you, Lord, I return it. Everything is yours. Do with it what you will. Give me only your love and your grace. That is enough for me. Amen. Google Play, Spotify, and more, with a collection of insightful podcasts led by renowned Catholic spiritual guides such as Father Timothy Gallagher, Monsignor John S .F., Dr. Anthony Lillis, and more. Discerning Hearts is your gateway to a deeper understanding of discerning life's mysteries and growing deeper in your relationship with Christ. Your likes and reviews not only affirm the value these podcasts bring to your spiritual journey, but also help others discover the guidance and inspiration they seek. Share your thoughts, spread the word, and be part of a community that's committed to elevating hearts and minds through meaningful conversations. Your feedback fuels our mission to help others climb higher and go deeper in their spiritual growth. Like, review, and let your voice be a beacon of light for fellow seekers on this spiritual journey. We now return to The Formed Book Club with Father Joseph Fezzio, Vivian Dudro, and Joseph Pierce. Well, on page 234 in the middle, this is what I mentioned before. He talks about the heredity and its characteristic of science only in its academic degeneration, when dispersive particularity hampers ascetic culture and the moral urge. Genuine science, on the other hand, establishes a double synthesis, first between the various branches of intellectual research and then between poetry and philosophy. But it's true that genuine philosophy would seek to find the hierarchy of sciences and show where aesthetics require human anthropology and therefore where poetry fits in. That's what true philosophy would do. But he subsides for true philosophy a kind of mechanistic social synthesis of all these dispersed facts, with no principle except his own ego. Right. And so this is the reason why we call totalitarianism that expression because of the word total. So these men who presume to be able to see the whole, right? And now they're going to impose their view of the whole on everybody else. But it can't help but be reductionist because no human being on Earth can see the whole. That's why our knowledge is in fragments. Yeah, who wouldn't like to see the whole thing? Well, when we get to heaven, even then, we won't be able to... You know, God is so beyond us, we're going to spend eternity reaching the whole, I guess. I don't know. It's why we should not trust politically or philosophically anybody who doesn't trust mystery, right? If someone hates mystery and we have to get beyond all mystery to some totality, which is encapsulated in the human mind, that person is leading himself and others to destruction. Because it can't help but be reductionist. It can't help but be reductionist. So what does that do? Oh, the man doesn't fit in this bed? Then we have to chop off his head and chop off his feet and make him fit. And it's true what Joseph said that, you know, this leaves out the transcendent in God. It also leaves out the cross. So the two main pillars of Christianity, Trinitarian God, incarnation and redemption to the cross are still rejected by him. He wants to have a utopia where there's no cross and no God, just us. Oh, by the way, and I'm in charge. That's right. And his priesthood is on 235 to spell this out even more. This priesthood in the middle of that graph on 235, in all things, this is the total, right? In all things that will decide what should be thought. Man's understanding will be subjected to it. In the positive regime, in fact, there can be no more question of free thought or of freedom of conscience. Just look at these attempts at lawmaking going on in our own country, taking away from doctors the freedom of conscience not to perform or to perform certain procedures or certain medicines or whatever. I mean, there is an all -out attack on freedom of conscience in medicine in this country going on right now. And this is a little box thesis for this whole book, the drama of atheist humanism, namely if you leave out God, you destroy man. That's right. Because the very thing that's being done here is everything which is really human, freedom of thought, freedom of choice, freedom of conscience is being subjected to some abstraction. The look -back kind of sums this up on page 237, sums up this section actually at the bottom there. Furthermore, there's nothing now to fear from complete subordination of the reason to faith because according to Kant, it's a kind of faith, but you can actually prove it if you had to, but most of them aren't capable, so they have to submit themselves. It is tantamount to that of the mind to the heart. That is to say, it subordinates personal to social instincts or more briefly, man to humanity with a capital H, and then the look -back asks the question, can humanity be a tyrant? And that the next chapter is spiritual. That's when you say, where does this lead when you suppress man's freedom of conscience? Yeah, it's interesting. I mean, that question, can humanity be a tyrant, should be an essay prompt, really, because an abstract concept itself can't be a tyrant, but those who subject themselves to the abstract concept can become and do become tyrants. That's the way I would ask it, if someone sent me an essay prompt anyway. Yes, well, and humanity can't be a tyrant because abstractions can't do anything. Right. If you claim to be the sole reliable exponent of humanity, well, then, of course, you will be a tyrant. And you can certainly, yeah, humanity is the totality. Of course, you can sacrifice people on the order of humanity, right? And on 241, de Lubac points out that it all, the purge was beginning, de Lubac says, meaning Comte was already threatening to, quote -unquote, unmask his false adherents, you know, already the purge was beginning. So this wasn't even something that was going to be saved for later. Comte was already beginning in his own circles to weed out, you know, weed out the unbelievers or the people who aren't the true believers anyway. Yeah, on 239, about six lines down, he's quoted some of this. The social order will always be incompatible with permanent freedom to reopen at will, an indefinite discussion of the rare foundation of society. So that systematic tolerance cannot exist, and it's never really existed except in connection with opinions regarded as indifferent or doubtful. So in the bottom of the page, in short, positive faith is not open to abuses because it is always demonstrable, but people cannot demand that it should be demonstrated here and now. So we've come to the truth. We're brilliant ones. Yeah, take our word for it, or you'll be shocked. Again, this quote, I'm backtracking again to 238, the beginning of this section, that block quote there, an indented quote by Mr Jean Lacroix. Competent men are so far ahead of the masses that all sorts of political and social catastrophes have tried to happen before the latter have reached a positive stage. Besides, the community as a whole must always lag behind the elite. And here we have something which is sociological and in some sense sort of socialist and certainly secular humanist, which is also elitist. And again, that also is very much what we have now, right, where basically the socialists used to be, and I think authentically, certainly in British history, was the working class. The Labour Party was a political organisation begun by the working class in order to give the working class, to enfranchise the working class politically. But now we see the elites have completely and utterly hijacked the machine and treat the masses with complete contempt. So a word like populism has become a swear word. You know, heaven forbid that a member of the elite should be popular. You know, that people might actually like him or he might be speaking for them. So this is just really systematic elitism as now the voice of the people. Right. And yes, so we must listen to the experts and suppress any opinions that are different from those of the self -appointed experts. That's right. And these experts, we see it now, cannot tell that what's in a woman's womb is a human being or can't tell what sex a person is or whether there are only two sexes. They're the experts. If you can't figure those things out, I don't want to hear your opinions on taxation or foreign policy. Well, with the famous line by William F. Buckley, he'd rather be ruled by the first 20 people randomly chosen out of the phone book than by the faculty of Harvard.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Tuesday, September 19th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about hints of green shoots after the crypto winter, going by recent announcements of crypto funds. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours. Yesterday, we talked about how prices were rising. Well, around about midday Eastern time yesterday after we recorded, they fell sharply, with Bitcoin dropping almost 1 .7 % in half an hour. Early today, they rapidly climbed, with Bitcoin again breaking through $27 ,000. Then there was another sharp drop and another climb. And well, you get the picture. At 10 a .m. Eastern time today, Bitcoin was trading at $26 ,975, down just over 1 % over the past 24 hours. Ether was trading at $1 ,638, down 1 .2%. Bitcoin does seem to be leading the market here. Last week, I talked about Bitcoin dominance, which is Bitcoin's percentage of the total crypto market cap. Another metric worth following to gauge market sentiment is the ratio of Bitcoin and Ether prices. Simply, Bitcoin's price divided by Ether's price. When it is rising, Bitcoin is outperforming. And when it is falling, Ether is outperforming. Over the past month, this ratio has risen by more than 6%. In traditional markets, investors around the world are braced for a slew of central bank rates decisions this week. The announcements kick off with the U .S. Federal Reserve's decision tomorrow. And throughout the week, we will get announcements from 10 more, concluding with Japan on Friday. In the U .S., as we mentioned yesterday, expectations are for a pause. Tomorrow, we also get updated economic projections in which we could see the FOMC Committee signal even higher interest rate expectations and a pushing out on the calendar of rate cuts. The inflation data we saw last week showed that core inflation is still, at 4 .3 % year -on -year, more than double the Fed's target of 2%. And headline inflation for August showed a higher -than -expected uptick while the latest jobless claims continue to show employment strength. There is little reason for the Federal Reserve to even hint that rate cuts might be coming soon. Concerns about some tough language from the Fed tomorrow, as well as the impact of rising oil, have pushed U .S. stock indices lower in trading so far today, with the S &P 500 down almost 0 .4%, the Nasdaq down almost 0 .7%, and the Dow Jones down almost 0 .3%. Over in Europe, the FTSE 100 is up slightly, as traders await a U .K. inflation print tomorrow. This is expected to show an uptick to back above 7 % year -on -year, a figure which could influence the Bank of England's rates decision on Thursday. Eurozone indices also appear to be in a wait -and -see mode, with the German DAX down less than 0 .2 % and the Euro Stoxx 600 flat in trading so far today. In Asia, Japan was down almost 0 .9%, as investors sold chip stocks after Taiwan's TSNC, the world's largest chip manufacturer, signaled slowing demand. In China, the Shanghai Composite was more or less flat today, as traders await a decision from the central bank on the benchmark loan prime rate. At the monthly fixing tomorrow, the central bank is expected to leave the rate unchanged, as economic stabilization and a weakening yuan are easing the pressure to relax monetary policy. The Hang Seng index was feeling more buoyant today, rising almost 0 .4%. The relief may be the result of good debt restructuring news from the troubled Chinese real estate sector. In commodities, the Brent crude benchmark continues its climb, almost reaching $96 per barrel earlier this morning. It has since retraced, but is still up over 1 % over the past 24 hours, currently trading at around $95 .40 per barrel. The rise continues to be driven more by supply constraints than by strong demand. On top of the production cuts from Saudi Arabia and Russia, we now have lower production likely in the US. Yesterday, the US Energy Information Administration said that output from the top US shale -producing regions is on track to fall for the third consecutive month in October to its lowest level since May. Gold continued to inch higher, up over 0 .6 % to trade at $1 ,935 per ounce. Stay tuned. After the break, we'll take a look at hints of a new season for crypto funds. Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. After a long, empty crypto winter, it looks like activity in crypto funds is finally picking up. Yesterday, Coindesk reported that blockchain capital has raised $580 million for two new crypto funds, one for early -stage companies and protocols, and another for late -stage investments from Series B onward. This is notable, given that most of blockchain capital's investors are traditional institutions such as university endowments, private foundations, financial institutions, sovereign wealth funds and US pension plans. While they may not be ready to buy crypto assets directly, institutions are investing in the industry. Also this morning, we heard that the digital assets subsidiary of Nomura, Japan's largest investment bank and brokerage group, is launching an investment vehicle for institutions called the Bitcoin Adoption Fund. The fund offers long -only exposure to Bitcoin, with custody handled by Comainu, which was founded in 2018 by Nomura in partnership with crypto companies Ledger and CoinShares. Those aren't the only significant signs of increased activity we've had over the past week. We also heard that Electric Capital is aiming to raise $300 million for a new fund, Cassie Kornbank, the largest traditional bank in Thailand, has created a $100 million fund to invest in Web3 and AI startups, crypto platform BitGet has established a $100 million fund to invest in the trading ecosystem, and investment firm Reverie has launched a $20 million crypto venture fund. All this over the past seven days. Green shoots, maybe? That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us. And if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso, with executive production by Jared Schwartz. I'm Noelle Acheson for Coindesk. We're back tomorrow with more market news and insights.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Tuesday, September 19th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about hints of green shoots after the crypto winter, going by recent announcements of crypto funds. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours. Yesterday, we talked about how prices were rising. Well, around about midday Eastern time yesterday after we recorded, they fell sharply, with Bitcoin dropping almost 1 .7 % in half an hour. Early today, they rapidly climbed, with Bitcoin again breaking through $27 ,000. Then there was another sharp drop and another climb. And well, you get the picture. At 10 a .m. Eastern time today, Bitcoin was trading at $26 ,975, down just over 1 % over the past 24 hours. Ether was trading at $1 ,638, down 1 .2%. Bitcoin does seem to be leading the market here. Last week, I talked about Bitcoin dominance, which is Bitcoin's percentage of the total crypto market cap. Another metric worth following to gauge market sentiment is the ratio of Bitcoin and Ether prices. Simply, Bitcoin's price divided by Ether's price. When it is rising, Bitcoin is outperforming. And when it is falling, Ether is outperforming. Over the past month, this ratio has risen by more than 6%. In traditional markets, investors around the world are braced for a slew of central bank rates decisions this week. The announcements kick off with the U .S. Federal Reserve's decision tomorrow. And throughout the week, we will get announcements from 10 more, concluding with Japan on Friday. In the U .S., as we mentioned yesterday, expectations are for a pause. Tomorrow, we also get updated economic projections in which we could see the FOMC Committee signal even higher interest rate expectations and a pushing out on the calendar of rate cuts. The inflation data we saw last week showed that core inflation is still, at 4 .3 % year -on -year, more than double the Fed's target of 2%. And headline inflation for August showed a higher -than -expected uptick while the latest jobless claims continue to show employment strength. There is little reason for the Federal Reserve to even hint that rate cuts might be coming soon. Concerns about some tough language from the Fed tomorrow, as well as the impact of rising oil, have pushed U .S. stock indices lower in trading so far today, with the S &P 500 down almost 0 .4%, the Nasdaq down almost 0 .7%, and the Dow Jones down almost 0 .3%. Over in Europe, the FTSE 100 is up slightly, as traders await a U .K. inflation print tomorrow. This is expected to show an uptick to back above 7 % year -on -year, a figure which could influence the Bank of England's rates decision on Thursday. Eurozone indices also appear to be in a wait -and -see mode, with the German DAX down less than 0 .2 % and the Euro Stoxx 600 flat in trading so far today. In Asia, Japan was down almost 0 .9%, as investors sold chip stocks after Taiwan's TSNC, the world's largest chip manufacturer, signaled slowing demand. In China, the Shanghai Composite was more or less flat today, as traders await a decision from the central bank on the benchmark loan prime rate. At the monthly fixing tomorrow, the central bank is expected to leave the rate unchanged, as economic stabilization and a weakening yuan are easing the pressure to relax monetary policy. The Hang Seng index was feeling more buoyant today, rising almost 0 .4%. The relief may be the result of good debt restructuring news from the troubled Chinese real estate sector. In commodities, the Brent crude benchmark continues its climb, almost reaching $96 per barrel earlier this morning. It has since retraced, but is still up over 1 % over the past 24 hours, currently trading at around $95 .40 per barrel. The rise continues to be driven more by supply constraints than by strong demand. On top of the production cuts from Saudi Arabia and Russia, we now have lower production likely in the US. Yesterday, the US Energy Information Administration said that output from the top US shale -producing regions is on track to fall for the third consecutive month in October to its lowest level since May. Gold continued to inch higher, up over 0 .6 % to trade at $1 ,935 per ounce. Stay tuned. After the break, we'll take a look at hints of a new season for crypto funds. Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. After a long, empty crypto winter, it looks like activity in crypto funds is finally picking up. Yesterday, Coindesk reported that blockchain capital has raised $580 million for two new crypto funds, one for early -stage companies and protocols, and another for late -stage investments from Series B onward. This is notable, given that most of blockchain capital's investors are traditional institutions such as university endowments, private foundations, financial institutions, sovereign wealth funds and US pension plans. While they may not be ready to buy crypto assets directly, institutions are investing in the industry. Also this morning, we heard that the digital assets subsidiary of Nomura, Japan's largest investment bank and brokerage group, is launching an investment vehicle for institutions called the Bitcoin Adoption Fund. The fund offers long -only exposure to Bitcoin, with custody handled by Comainu, which was founded in 2018 by Nomura in partnership with crypto companies Ledger and CoinShares. Those aren't the only significant signs of increased activity we've had over the past week. We also heard that Electric Capital is aiming to raise $300 million for a new fund, Cassie Kornbank, the largest traditional bank in Thailand, has created a $100 million fund to invest in Web3 and AI startups, crypto platform BitGet has established a $100 million fund to invest in the trading ecosystem, and investment firm Reverie has launched a $20 million crypto venture fund. All this over the past seven days. Green shoots, maybe? That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us. And if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso, with executive production by Jared Schwartz. I'm Noelle Acheson for Coindesk. We're back tomorrow with more market news and insights.
Real Estate Coaching Radio
A highlight from Real Estate Agents: 6 Top Income Destroying, Time Wasting Mistakes
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Three, two, one and Julie Harris. We are back. And today we're going to be talking about six of the worst income wrecking mistakes agents are making in today's market. But before we get to the first point, I think you have a really great story from our friend in LA, Federico. Yes. Who is not making the deal wrecking mistakes. In fact, this story, I hope the listeners pay attention because it's going to wind a whole bunch of things together. That's right. So we're starting off by telling you the story of what happens if you don't make six of the income wrecking mistakes with this story. And then we're going to get into the weeds as far as what you need to be avoiding. That's right. Okay. So this is a text from Federico who lives and sells in Los Angeles. He says, hi, Julie. This is hot off the presses right from maybe a couple of days ago. Federico says, I just finished showing clients a new construction community while the build rep was showing us the model, a lady walked in and asked if she could listen in on the build reps presentation. She communicated that she and her husband were looking to downsize and was asking the builder how the financing would work. Okay. So let's stop just for a second. How many of you listening in Los Angeles believe that there's no new construction around? We could just start with that point, but moving forward, uh, during that conversation, I asked her what her situation was and asked if she needed the funds from the sale of her property in order to close on the one she might be looking at. That led to the build rep stating that they would only finance her if her current home was in escrow. So there's a lot to that too. Which by the way, that's probably the build rep not really knowing anything about how to, you know, sell a house using financing because the reality of it is, is the builder wasn't actually using their own money. They were using a mortgage broker and she probably still could have worked that deal, but she was looking for the easier deals of people that had no home sale contingency. That's right. And we're using kind of a lame objection handler. No, you can't do that. Exactly. Which positions our friend Federico listening. That's right. Now, when the build rep exited the room, she thanked me for helping her articulate her points. This is the walk -in potential buyer and asked if I could email her all the information for the new build to which I responded that I was the agent for the other couple in the room, but that I would be happy to help her. That led me to, led me to asking her to, uh, how soon she needed to go on the market. When she responded, uh, we are still decluttering. I don't know where to start or how it all works. I asked her where the home was and what they were asking and asked when I could stop by and see it since I may already have someone. How many of you guys would have gone for the appointment right then and there? Think about that. She answered, that sounds great. We need to declutter first. So I won't, it won't be possible until at least later next month. Let me also work on my husband as far as the new purchase goes and then we can schedule an exact date for you to come by. I got her contact information. Another mistake that agents sometimes fall into. I got her contact information and stopped the conversation since I did not want to be rude in front of my existing clients there. When I left the showing, I called this lady. There's the immediate fallback, uh, follow up. I called this lady back to continue the conversation and to schedule a tentative day and time to go look at the property. She said that she and her husband will be going on a short trip and that we can circle back after my trip. We'll only be gone for a week. During the call, she asked me what commission I would charge. By the way, people don't ask that if they're not serious, do they? Okay. She asked about my commission to which I said, that's a great question. I actually have a flexible fee. What's the best email for you so I can send you a little bit about me and my team and about how we work. That'd be the pre listing package. That way when we meet at the house, we can focus on the items that are most important to you. Also part of the script you learned in premier coaching. It's a textbook. Totally 5 ,000 % textbook. She gave me her email, thanked me for helping her while at the new construction and expressed that she was excited to have me come by their house. There you have it. Now certainly by the way, dad, on what you said with regards to the people asking about commission that quick, 99 % of the time when they ask out of the gates like that, it's because they've got another agent in their back pocket, which it probably isn't a professional agent in the sense that maybe it's somebody they just know as their neighbor or uncle Bob who basically lists the house every thousand years or something like that, who will probably do it for free. That type of question was that the agent, I'm sorry, the seller was looking for a reason to take uncle Bob out of the equation because she really liked Federico and wanted to do business with him. Most importantly though, to your point, he used the scripts that we teach these guys to use in premier coaching and that was one of the obvious scripts that we use that you learn when you're presenting the pre -listening pack and the listening presentation. All this was woven together and what we're trying to express to all of you, so hopefully you're all understanding, is there's opportunity everywhere. You just have to go where the opportunity is and quit waiting for the opportunity to come to you. Which leads us, Julie, perfectly into point number one and remember guys, these are the top six income killing mistakes that agents are making now and frankly in a lot of cases have normalized. That's right. So point number one or mistake number one, and we're also going to have some action steps how to fix these problems ASAP. Mistake number one, playing the waiting game, waiting for the market to crash, waiting for interest rates to come down, waiting for inventory. Waiting doesn't get transactions into your pipeline, nor does it help your clients and prospects to achieve their goals. You must take control of your day, your week, your month, your quarter, and your year in order to defeat the waiting game. Say this at least 10 times, if it's meant to be, it's up to me, and then take control. We're going to give you some action steps here. All right, so first action step on this mistake, accept the fact that there are zero indicators that the market's going to crash. Zero. Remove it from your head. While there are some price ranges in some markets this year where it's set to, I'm sorry, where there are some price reductions is what that should say in some markets, this year is set to close with between five and 9 % increase in home values. I wonder how many people actually know that. I mean, with all these headlines that are supposed to basically make you think there's a housing crash, do you all know that real estate in the mainland United States is increased in value by at least 5%, in some cases around 10 % year over year? So yes, despite the headlines about prices falling, home values have still increased. That's right. Now, low inventory, stable demand, lots of new construction, and rising prices are not indicators of a housing crash. Those things do not exist in a housing crash. Now, if any of that changes, you can hear about it here, we'll let you know. So it's important that we remind them that we are at, what, a 20 or 30 year low for the number of mortgages that are in any sort of distress? Yes. It's like less than 3 %? It's less than 3%, a historic low, and that includes all of the forbearances and things that happened around COVID. That's all baked in at this point. Do you remember all the people that were, you know, of course, these real estate prognosticators were trying to sell you lists on how to get into REOs and all this other stuff? How they were saying, oh, you wait until all those people on mortgage forbearance, all those COVID mortgage forbearances, those houses are all going to default. None of them defaulted, did they? You see how there are some people, guys, who only think that they can make money, only think they can help people when the market's going one particular direction. So what they do is they wait around and hope and pray that the sky falls so that they can be right. And that is, I suppose, a business model. But the reality of it is you can help people make money no matter what direction the market is going. You don't just have to wait for the direction that it's been going. For example, a lot of you, to Julie's point, were waiting around for their interest rates to lower, waiting around for the mortgage stuff to clear, become easier, inventory to increase. Stop waiting around. There's inventory everywhere. It's not just where it's like what Federico discovered. It's hidden, in essence. You have to go to where it's at. You have to go to where the market opportunity is. Stop waiting for the market opportunity to show up on your computer screen. Yes. And when you go to new construction where he went, especially in those price ranges, go where the buyers are looking. You will also find listings. That's right. OK. So again, we're back to the waiting game. So you said that. So we have to drill down. Because I always have to remind myself and you that we have people that are maybe listening to us for the first time ever. And yes, this is the number one Listen To Dilly podcast for real estate professionals in the United States. Tens of thousands of people downloading it. But for the one person that's discovered this for the first time, defining what Julie just said, if you're going to, as Federico did, go look, essentially show buyers or go to a new construction area where the new construction is, say, $800 to, say, on up, chances are the person purchasing one of those new construction homes, they're going to have a house to sell. So that means that probably realistically 90 % of the buyers, air quoting here, that are interested in new construction actually also are sellers. But how many of you think like that? How many of you think buyer or seller? You can't be both. Always assume that your buyer is actually a seller and where you focus your energy is on the listing side of things, because that's what's going to be the juggernaut to them moving forward with any, you know, like they're not going to buy anything but to sell the home most likely. So you can't, if you just focus on the buy side of the conversation, you're never going to get to where the real opportunity is on the list side. Once you have the listing, you will obviously sell that house, well, we've done studies on this, you'll sell an average of six other houses off one listing. With a buyer, you will sell a buyer a house. So open your mind to the opportunities that are all around you. Stop thinking and stop sitting around waiting for, you know, something to change. You're the change that needs to happen if you're not liking your, you know, your project, your your momentum right now into the new market. Yes. And you uncovered another mistake, which is assuming that, you know, it's just it's another buyer. I already am up to my eyeballs and buyers and there's no inventory. So why would I want another buyer? You're missing the point. Buyers bring listings and in those price ranges in the right range, you can get buyers who have a listing that are less expensive than the new construction and more expensive than the new construction downsizing. You can actually work both ends of that. Well, it's a frustrating it's frankly the wrong way to go about it. If you're trying to sell a buyer a house and try to find them the right house, the perfect house, all the rest of it, yet they have a house to sell. I'll give you a little advanced coaching here. None of them are going to emotionally commit to purchasing something unless they happen to have the cash to pay for it, which is unlikely. You know, they're not going to have the cash without the sale of their current home. So they won't emotionally commit to anything until at least their first their existing home is listed for sale, let alone in contract. So this is the type of, you know, thinking you need to adjust towards and realizing that the best opportunity is always going to be on the listing side of the business. That's right. So here's the thing back to a point or mistake. Number one, waiting around. Well, what about interest rates? Interest rates will eventually get lower, but are not likely to go below five and a half to six and a half percent, maybe even for the rest of your career. What we just went through is not the norm. So stop wishing for the old market and embrace the new market. Now, that said, there was an interesting there are some political hubbub that's floating around about the fact that, you know, different politicians are starting to lobby for the idea that there's going to be I told you about this. I heard that crazy permanent 30 year mortgages at three percent, which I mean, it sounds great, right? Even if it were four percent, it would be pretty interesting. Well, yeah, they're going to sell like 100 year bonds and finance it and the whole thing and that could stimulate something. Oh, my gosh. But it's also going to well, so let's think about this. You're going to massively increase demand. And what that's what is that going to do to the cost of real estate as well as inventory available? Right. So you might have a low interest rate, but, you know, the four hundred thousand dollar house you're interested in buying is now worth two million. So anyway, I would circle the wagons back probably to new construction if that happens. We'll see. We'll see. We'll monitor that. OK, so the weighting gain. Learn about several ways to achieve a lower rate and a lower payment. What rates are higher than a lot of people want? Refer to last week's podcast about three ways to achieve lower mortgage interest rates. Learn about what the builders are doing. Many new home loans are closing today in our times where rates are over seven. The new construction loans are closing the mid five, five and a half range right now. So take action to find out where in your market is that actually happening? All right. So mistake number two, there was a lot wrapped up in number one, number two, expecting your buyers to send you what they want to look at versus finding the right homes for them yourself. We've done so many podcasts. I know, but this is such a mistake. You know, yes, we know that buyers can find listings online. There's five million different resources. But what happens when they take them to you? Isn't it already in contract? Aren't there already multiple bids? And then you believe there's nothing and you wait for them to go discover something. It is not their job to find something. And furthermore, well, let me get in my points. I probably talked about this. So get and use the buyer presentation, which drills down on specifically what your buyer clients desire in their next home. That can be a mistake is not knowing the specifics. What is a deal maker and what's a deal killer? Are both people on the same page? If you're working with a couple, can you handle objections like I want to wait for rates to come down or prices to come down or both? We talked about that previously. Now, once you know what they need, that they are motivated and they're qualified, it is your job to find them the right home. Think out of the box. Refer to our podcast series about how to find inventory. So, for example, consider changing the type of property, single family to maybe a town home or a condo or vice versa. And the price range, in fact, sometimes going a little bit down market can actually find good alternatives, expanding the geographic search or looking at new construction. And there's a counterpoint here. I've been working on this with coaching clients, OK, which is when a buyer does send you that magic listing. I got to see that. They're really juiced up about it. And that's the only thing they sent you today. OK, so why that one versus everything else that they saw? Ask them why that one and then have two or three backup houses set up. You can always cancel showing appointments. Right. Because what if they're wrong? What if the MLS pictures didn't have the power tower in the backyard? Have another plan. You have a showing appointment. Go sell something. Does that make sense? It does, of course. But I mean, I just we could talk forever about this point because there are so many different places where they can go and look for homes that are officially for sale. But really, I was thinking if I are coaching somebody right now, this you're gearing a lot of your points towards too many buyers, basically. Yeah. And your last point, I really like because you're in essence saying, well, make make it so that the buyers are working with because there's never a true have to buy buyer. There's always want to buy buyers. In other words, there's never a buyer. There's buyers will always change their mind. That's the problem. They're always going to say, I'll wait till next year to raise the fall, wait for pigs to fly, whatever it's going to be. Whereas if you're focusing on a listing, the sellers actually have to sell usually for financial reasons or, you know, whatever it just overall right now, obviously you're going to make more money and have more leverage and freedom if you're focused on being a listing agent. So what would happen if you decided to actually become a coaching client, actually follow our system, actually build up to your magic number of listings, which for many of you is maybe five or seven listings, sometimes depending on your price point, might only be three. And the only buyers you work with are those are the sellers that want to buy something. In other words, stop working with buyers that don't actually have homes to sell. Start valuing your time more and you'll get far better results. But it's also going to force you to become a far better listing agent, far better, you know, proactively generated for the sake of listings. And you're going to get vastly better at prequalifying because you're going to be, guess what, choosing who you're going to work with. So if you're finding yourself emotionally and financially burning it at both ends, it's probably because you just don't have any standards. It's probably because you're working with just about anybody. You're willing to pay referral fees. You're buying all your buyer leads. You're not really running a business, guys, in the sake that, you know, you're going to have any kind of, frankly, security going forward. So really pivot your thinking and ask yourself, would I rather be a really amazingly strong listing agent or buyer's agent? Every single one of you want to focus on being a listing agent in a lot of ways. You have to kind of choose because the buyers will suck up all your energy and your time. Now, if you want to transition from being one to the other, go back to the fact that, you know, you need to prequalify better. You need to actually ask those buyers if they have homes to sell. Depending on the price point, you're going to discover that most of them do. And then guess what you do? You pivot and focus on the listing side of it because that's when you're going to create the leverage. Joining our premier coaching program is free. The link to join is below, along with all the notes from today's show. So just scroll below and you'll see if it's on YouTube, Spotify, Stitcher, it doesn't matter where. Scroll down their notes for today's show. Yes, Julie and I create outlines for every single podcast we do. For you. We do it so you guys can go back and you can read what we said. That way you can actually implement what we're asking and suggesting that you do. And while you're there, do join premier coaching. It costs you nothing. The link is right there below. Or you can just, frankly, go to premier coaching dot com or text the word premier to 47372. All right, Julie, let's roll up to mistake number three. Mistake number three. Yep. All right. Not having enough leads in the first place. Speaking of lead generation, if you're struggling with lead generation, it's time to get some help before it's too late. Now, more than ever, it's critical that you generate more leads than you think you need in order to do the business you need to do. To your point that no buyer ever actually has to buy. So you have to overdo your lead generation so that you can find those listing leads in particular. Well, if you want to sell, for example, if you want to sell 10 houses in the next six months or maybe it's the next 60 days or next 30 days. And normally, let's say you are you know, let's assume that you're somewhat efficient and you know, you have a ratio. Let's say, for example, if you have 10, well, let's say you have six seller leads, you know that statistically three or four of those are going to list with you in the next 30 to 60 days. You're going to need to double that in a market like this because people are there's going to be a lot of a lot of headwinds that you're not necessarily going to be able to control, mostly with lack of inventory. So you're going to have to pace out your expectations and increase the number of contacts and increase the number of leads you're working with. But it always goes back to really drilling down the leads you are working with. Otherwise, what you're going to quickly discover is that you have hundreds, if not thousands of unqualified, unmotivated, quote unquote, leads, and none of them are doing transactions with you. And why? Because you're not taking the time to go in there and prequalify them. If you're one of these agents who have falsely believed that the way to win this game is by having massive amounts of leads, I challenge you to do this. Go in, grab our seller prequalification script or our buyer prequalification script, which turns into the seller prequalification script, and call every single one of your leads. You'll discover many things. Number one, the ones you've been dripping on for a long period of time. Some of them don't even know why you're messaging them or have never even seen your messages, let alone know who you are. Number two, some of them already transacted months ago, but you didn't call them. So they didn't transact with you. Number three, you're going to find people that are actually motivated and they're waiting for you to call. You've been treating them like a buyer and sending them home buyer tips and all the rest of it through your drip campaigns. But now because you have them on the phone, they'll actually commit to working with you. You've got to stop being passive with your life, but especially with your lead generation. Well put. So that all goes back to not having enough leads in the first place. So sign up for Premier Coaching with our Harris certified coaches because they're going to start by asking some specific questions like, where did your past five transactions come from? Was it luck and hopium or did you connect with those clients through a proven system or strategy? If it was a proven system or strategy, why did you stop doing it? How many leads do you actually have in your pipeline? To your point, what your story, you were just saying, what I was thinking is a lot of agents think that they're leads, but they're just contacts. They're just people in your database. Why are you calling them leads? You don't know if they're a lead or not because you're not talking to them. Now you also might have a lead conversion issue versus a lead generation issue. That's something that the coaches drill down on. Where are you spending money to generate buyer and listing leads and what is that conversion ratio and how many contacts are you actually making daily where you're speaking with a decision -making adult about real estate? That's just the beginning of great coaching questions to drill down on why you might not have enough leads or appointments. Well, where you're spending money to generate buyer and listing leads. I mean, obviously it was assumptive, right? In other words, she's not suggesting you spend money to generate buyer and seller listing leads. Uh, but she's suggesting that you actually go in and question, frankly, uh, whether or not that money that you're spending to generate leads from those sources actually makes any sense because we know you're doing it.
Tech Path Crypto
A highlight from 1256. $300 Billion Coming To Bitcoin ETF w/Mark Yusko
"All right, so welcome in today. We're going to be diving into topics around ETFs and also what is happening with the SEC in terms of their enforcement actions and some of the things they've been doing that could be causing a slowdown in innovation for blockchain. We'll break into all this good stuff today. I think you'll like it. My name is Paul Baron. Welcome back in to Tech Path. Joining me today is a regular guest, one that I think you guys all love, and that is Mr. Marc Usko coming in from Morgan Creek Capital. Great to have you on the show today. No, great to be with you, Paul, as always, and happy Friday. It's going to be a good one, Marc. Let's first of all get into a few things. I want to lead off the show with a tweet from James Seyfert, who is one of the Bloomberg analysts on ETFs. He does a really good breakdown. He's been on our show before. There's some dates to watch here. We've got middle of October, next major days to watch. October 16th with Global, and then also October 7th. And then you've got all these scenarios playing out right here with iShares, which of course is BlackRock. I'll zoom in on that a little bit so you guys can see it. Second deadline coming up on 10 -17, and then a slew right there on that same day. First of all, I want to get your opinion on, do you think that this October is when the SEC might actually give us an early Christmas present? Or are you just going to get pushed again? No, look, I'm 50 -50 at this point. So I do think more tricks than treats for anyone who's 10 -17 date. So any decision before that date, I think is a negative decision. I'm not sure it'll be an outright denial, but will definitely be an extension and a push. And then we come to the big dog. I believe, and I've said multiple times, that BlackRock will be the first one. I've actually been saying that for over a year. I actually might even go stronger and say, oh, that'll never happen. That would be too much corruption. Well, I'm just saying it's certainly possible. What's probably more likely is BlackRock first, and then a gap, and then some number of others. But the thing is, whoever's first is going to get the vast majority of assets. Vast majority. Well, first mover is always going to be taking. I mean, that's just like the gold ETF, kind of the same kind of scenario. Yeah. The gold ETF is an example with GLD. You had the Bitcoin futures ETF with Bitto getting 98 % and then a couple others getting like 1 % each. So that's just my belief. And I believe it's who you know in this game, not what you know. There are a lot of people who have should gotten approved. The Winklevoss twins were the first to apply. They should have gotten approved. There was no reason not to approve it other than, again, kind of the way the game is played and the people in charge want to be in charge. So any new disruptive players I think are unlikely. Cathie Wood partnered with one of our companies, portfolio Amun, to do 21 shares. That looked like a great application ding pushed out. I think Bitwise is a day ahead of iShares on 10 .16 as much as I would love it. Again, portfolio company, full disclosure. I would love for them to get approved. I just don't think it's going to happen. Again, I don't think it'll be denied. I just think they'll be pushed. And here's why I'm 50 -50, Paul, to answer the question. I think they could approve on the 17th, but I don't think they will. I think they'll push it into next year. So you push 90 days. That gets you into January. January 15th. Yeah. You could push again then into March, April. But that's it. Then you have to approve. Now, what's interesting is we have this little thing called the halving coming up in mid -April of 24. And so it would be an interesting alignment of stars. But I said, could they pull the trigger on BlackRock in a month? Yeah, they could. Yeah. All right. Well, with that and to your point, the third deadline, just so everybody can put it on your calendar out there, you've got January 15th for BlackRock and then moving in all the way into March, what we're going to discuss there. March would be an interesting timing. I think you're right, because obviously the halving right there on the cusp of that, along with maybe a little bit of lightening the load in terms of inflation, because I feel like we're going to continue to see some inflation hits through the end of the year. What is your thought on how the inflation numbers came in this week and how the Fed might react? I don't think the Fed cares about gasoline prices, quite honestly, Paul. All this little blip is gasoline prices, all of it. I think most of the other components were actually negative. And the gasoline prices are because Saudi has decided to go a different direction. We had a very hunky dory relationship with Saudi from 1973 till now. And that's clearly over, right? The big guy went over to Saudi right before the election last year and tried to get them to pump more to get oil prices down and gasoline prices down, because there's this inverse correlation between presidential popularity and gas prices. And they basically said pound sand. And so he came down, he came in and said, well, this is a convenient decision to get gasoline prices down. Guess what happened? Democrats did pretty well in the election. And because there's no way out for that now, though. I mean, there's no way. Now we have an empty SPR. And the thing is, we can't fill it up ourselves because, and again, not to get too technical, but there's, there's light sweet crude, which we produce and a number of other places, Nigeria and others produce. And then there's heavy sour crude, more sulfur content, because we cut this deal with the Saudis in the seventies, we built all of our refining inventory infrastructure, sorry, around processing heavy sour. Yeah. Well, here's the problem. If now Saudi is going to sell their heavy sour to China and Russia and other places, and we're not going to get as much of it, what are we going to do? Well, we've got to build new refineries or retrofit the refiner. It turns out no one wants a new refinery in their backyard. Yeah. I think I'm right. It's been like 30 years since we built a refinery. It turns out they spit out, you know, pollutants and things like that. So nobody really wants one around. We all like driving cars by the way. And and living our lives and, you know, Oh, well, you know, we can, we can stop using oil. No, we can't. Nothing you do every, I mean, everything you do every day, the vast majority of it is powered by oil and gas, the vast majority. And yeah, you say you could get an electric car, but where'd the steel in that car come from? Did they make a little electricity? No. How about the plastics? Nope. Oil. So it's just, it's kind of comical when I hear we're going to, you know, outlaw fossil fuels, but back to the inflation number I think this might not be temporary in the sense that Saudi announced, they're going to do a voluntary cut. Why? Cause they're just sticking the knife in a little bit deeper because they're like, all right guys, you said you were going to refill the SPR. You didn't do it. Oil prices were all the way down in the sixties. Could have easily done it for sure. Now oil prices are in the nineties. Yeah. We're going to hit a hundred bucks a barrel for sure. How does this, okay. So when you look at that Mark and you look at an election year coming in, you've got all this pressure from the macro side, including most likely jobs market getting a lot stiffer. Companies starting to really get some pressure on. We had bankruptcies at the highest point ever. We've had a very long period of time for independent companies. This does not look like a rosy picture. Where do you think we come out of this in relationship to the timing of the havening, a Bitcoin ETF, maybe into next summer? How far into 2024 do you think this happens? So I believe the ETF will be approved sometime around year end, whether it's in early January or December, sometime in that timeframe. And I think that will pave the way for a very large influx of capital. I know you've had Eric on the show about Eunice and he does this great work, right? I mean, there's 30 trillion with a T 30 trillion. Remember 1 trillion is a dollar every second for 31 ,710 years, but 30 trillion is going to come into, or that's the total amount of money managed by RIAAs and others that is not allowed at this point for whatever silly reason to own Bitcoin. And they can't own GBTC and they can't own Bitcoin miners and they've called a timeout. Well, once there's an ETF, particularly if it's an ETF that BlackRock runs, there are going to be no excuse and they're all going to have to approve it. Their clients have been asking for it. I would say I have a family harmony account at UBS. They let me buy what I want to buy. And they're like, no. So I think all that goes away. And I think Eric's number is, let's say one 10th of 1 % comes in. That's 30 billion. Well, but wait, 30 billion on 500 billion. That's not that much. Well, no, it's not 500 billion. 400 billion of the 500 billion of Bitcoin's market cap doesn't really trade. It's either locked up like the Satoshi wallet or the Winklevoss wallet or, you know, hodlers that just said, you know, take it out of my cold, dead hands. It's only about a hundred billion that is the free float to borrow a TradFi term. And so 30 billion on 100, that will move the price. But I don't think it's going to be 10 basis points. I think it's 1%. I think you have to do 1%. As a fiduciary, if you got, you know, 50 % in equities at some of the highest valuations in history, and you got another 30 % in bonds, which have had the first two negative years in the history of the bond market, 140 years of history, two negative years, looking pretty ugly. And you got this asset that is the best performing asset again, 11 of the 14 years that Bitcoin has been alive. It's been the best performing asset of all assets. It's the best performing asset then this year. Yeah. Eric hit on his prediction about 150 billion in terms of market impact. Do you like that number or do you think that he's still like it? Well, again, I think 150 billion would be half a percent, right? Instead of 10 basis points. And it looks like he's updated his, his thoughts. I'll go further and say 1 % seems more likely that'd be 300 billion, 300 billion on a hundred billion of free float price goes up a lot, a lot, a lot. And here's the, the interesting thing, Paul, is the way halvings work is the fair value increases. So we've got a tailwind that the fair value today based on Metcalfe's law model that Tim Peterson runs and that I think is fantastic, says that the fair value is somewhere in the low fifties, 52, 53, let's just call it 50. So at the halving, fair value doubles. What do you mean, Mark? What are you talking about? Well, think about it. The miners who secure the network, their costs are fixed, mining machines and electricity. So if their block rewards, the number of rewards that they're paid to secure the network gets cut in half and the price doesn't move, then they're out of business. So there's a built in mechanism to move the price higher, which is actually really interesting because that attracts attention because there's movement. And so long story short, fair value, every halving added has a zero. So we went from a hundred to a thousand, then we went from a thousand to 10 ,000. Now we go from 10 ,000 to a hundred thousand. So a fair value is a hundred thousand and we're trading at 26. It's a pretty rapid increase to fair value, I think, as investors buy things that are below fair value. But then what happens in the post fall halving, you get this parabolic blow off top. And in the previous cycle, fair value was around 30K. We got all the way to 69. That was because there was too much leverage and too much gambling and speculating. I don't think we go 2X this time or two and a half X this time. Could we get one and a half X? Sure. That gives about 150K, something like that. Yeah. Well, that is OK. So that's very intriguing. If you're if you're estimating this could be in the 300 billion dollar area, you know, for based on, you know, just the exposure to these funds and obviously how that might play out. How do you think retail response to this? Do you think retail is going to come in like a banshee coming in on this with a lot of now what would be legitimized ETFs? How do you think they play? Again, it's I've been saying this for five years. My hashtag get off zero zero is the wrong number, right? This is a truly unique diversifying asset that must be in everyone's portfolio. Doesn't have to be your whole portfolio. I never said that. It should be at least one percent.
Level After Next With Katie Barnett
Quantum Physics: The "Spookiness of Life" With Dr. Victor Manzo
"What I really want to get to is quantum physics. I feel like, you know, this is something that's talked about, it's posted about, but I don't think people have any kind of real concept of that term. So, you know, I know this is, like, kind of an all over question. But I do think it's important that you start to at least, like, give us an idea, some kind of just framework for what it means when people talk about quantum physics. Yeah. So, like, the way I like to say the quantum world and stuff like that. So, when I first started teaching, like, doing energy medicine or energy healing and trying to teach it, like, even when I was in chiropractic school, I used to present on it and just share about energy and how does it work and how are we influenced by it. And a lot of times people thought that was woo -woo, especially I was down below the Bible Belt in Dallas, Texas. And so, what ended up happening was that they're like, oh, that's spiritual stuff. That's woo -woo. But then what happened is quantum physics came around. Now, it's been around for a long time. It's not something new. But it started to have experiments. There's been studies. They've done these experiments to see, to understand the spookiness. Because what quantum physics is doing playing is they're around with the spookiness of life. I call it the X factor. And the spookiness is what it means is things don't act in a behavioral way like it should. It's not linear. And I wouldn't say it's random because it's not random. But it's very like, so for an example, they've done a study that was done or experiment called the observer effect. And what this is, it's basically called the double slit study. And what it did is they were through shooting electrons the sea. Is light a particle or a wave? And how is it going to behave based upon that? And so, they did the experiment. And they have it go through the two slits. And when it goes through, it should show up on the sensors like this. And some uniformly it did when they were looking at the experiment. But when they didn't look, it would go into a wave format. So, it's like the light with the electrons spread. So, it looks like thin on the outside bands. And it gets thicker as it goes into the middle. And they're like, hold up, wait a minute. We just messed this up. So, they go ahead and they redo it over and over and over again. And they keep getting the opposite results. So, this doesn't make sense. So, maybe we did it wrong. So, let's redo it all over again. And they do it all over. And long story short, they do the study again. And it starts doing the same thing when they were looking and acted the way they expected it to. When they weren't looking, it didn't act that way. And so, what that means is that when we talk about that from a quantum perspective, we're understanding that... I don't want to use the randomness, but this non -linear experiences of what we have in life, and this is everything. So, the quantum world is that. So, this is the different world that we have with the world of one world where it's like linear. This is what you do. It's kind of like in the business world. It's hard work, grind, hustle, mentality, all this stuff. Put the sweat equity. You do this stuff over a period of time, you get this. You do this, then you get that. That's a very linear type of process. Quantum, there's infinite ways of how you can get to where you want to get to. Just which one do you want to choose?
Op Persoonlijke Titel
A highlight from Caroline van der Plas
"Up, person de ketitel, a respect van vlees en bloot, for the keike die we luestern, and the luesterer die go keiken. Keike and luestern are... Caroline, van der Plas, welcome! Thank you! Eindeke eef rist? Euhm, neewen ik sie tom ik jou. Haha, there you are. Dit is heedleker eef een sprekjeso. Ja. Euhm. Euhm, dit is heedleker eef een sprekjeso. Euhm, neewen ik sie tom ik jou. Haha. Euhm, neewen ik sie tom ik jou. Haha. That doesn't happen all the time, but we do our best for it. That's a lot of work to do. So, since the general over -winning, with the rules... ...a club in the Netherlands... ...is it enough? No. No, the over -winning of 15 months... ...that took all the provinces together... ...and the United States... ...the formation of the colleges of the United States... ...the first came, and we said no. It was a long day for now. All uni, all cities and states... ...and all cities together... ...took a lot of time... ...and we came together in the same way. That's right. And Caroline for the Plus is the overall winner. Yes. You come to the overall table. So sick. Yes, yes, sicker. So we're going to take five or six years of Israel... ...in a module. Yes, clubs. What do you need? What do you need? Now, I have a lot of work to do. I work here, naturally... ...and a lot of work by income citizens... ...because, yes, I don't belong here. I come with my parents... ...and I also like to see that I'm still living here. I have a lot of work to do. Of course, Israel has a lot of work... ...by the opening of MBO here... ...and they say to me... ...you don't have time for that... ...but I'm still living here. I'm still living here. That's why I have a lot of work to do. It's a lot of work for people... ...a lot of work for people. I have a lot of input, so... ...yes, I still have a lot of work to do... ...with my kids. Well, that's it. We're really looking forward to it. You're a journalist. Yes. Are you more? No. I'm not more. No, you're not. You're more of a journalist... ...than a journalist. Yes. Who is more of a journalist than you? Yes, my father. My father was a journalist... ...a sports journalist... ...by David Dagblad... ...and, yes, at the same time... ...I also worked with a lot of sports... ...and so on... ...and I found out... ...that I really liked what he did... ...and that I really liked the Redaxi. What kind of sport was that? I've played a lot of amateur football... ...a lot of times in David... ...and I also played with the Eagles... ...because I think it's the most important thing... ...to be able to drive a motorcycle... ...and to be able to drive the Redaxi... ...and, yes, it's a little... ...but I also really liked the Redaxi... ...and I found out that I really liked... ...a lot of people... ...with a lot of spinners... ...and what -not... ...and coffee halls... ...for the journalists... ...and so on. I also liked the chocolate milk... ...because I thought... ...that I would also be able to help... ...with the KISS Rave. And so on... ...I really liked it. So it's a lot of fun. So it's not so much the journalistic... ...in the interest of where I'm going. No, my father gave me that offer. And he said... ...that you can't do anything... ...and you're not going to do anything... ...and you're not going to do anything... ...and you can't do anything else... ...and you have to pay for it. So it's a lot of the Redaxi work... ...and then the work comes up. So we all have to do something else. And... ...no, that's what I just said. Yeah. The question of whether or not... ...you're going to stick to it... ...can I ask? Yeah, yeah. No, yeah. I'm going to ask you to do something else. And say... ...you're not going to do anything else. No, no, no. I don't know if you know... ...the journalists... ...or the younger generation... ...with which I contacted China. I don't want to get into a Gladiator List... ...but I think it's also a big part of the younger generation. You know, younger generation always SCREAMS... ...about whether you're going to talk about their kind and... ... Their own states and things like that. So we can really talk about younger generations... ...who are going to talk about their own state. I always think that the criticism... ...and everyday else is applied to younger generations... ...so sometimes we think of younger generations as Russian... ...as being assume that it's not just you. We have had insane fish. They don't mind that that's not the best. We can do it without drugs. But we still have to find a way to double this on paper instantly In the mayoralpanels. Can you repeat the question in my context? Yeah well, our publictime support goes back to the start of the setup of the FC times, and to prevent so many types of emergencies. it works .pparang The pattern will break, in the states too fast. This will be ideal cherry grass, but that has to be done spiritually. They are very special for the society. This thing isDexter from the point of view of thephone. What about the speaker? There are several questions that you can answer. At least for a Rocky Buss. It's not that it's a big name, it's just a realistic name. But that's what we're talking about. Maybe if we're talking about problems? Yes. What do you think about that? I think that I'm 33 years old now. Yes, I'm not, but I'm an adult now. Yes, you are. Yes, I know, but... You don't have anything else to say? No, no, my ears are not really working. No, I don't have anything else to say. I'm not sure, but I'm not sure. But it was more that we were actually not really talking about the fact that we were talking about the fact that we were talking about the fact that this restaurant, the cafe, which is called Dina Weis, was a place that was closed for the first time. It was closed for the first time. And now that it's closed, the cafe is still closed, so it's hard to say. And you're from Bine, too? Yes, that was for him a question that is not working. There is no real time for it. No. There comes, well, a normal work up your ass. Yeah. And what you can do is take a stand from a bisturier to an angst for a new party. Yeah. The ground is open. Each year, at least, there's a tour back of the Bible, and stuff like that, so there's no real time for it. There is no real time for this party. It's open. So, it's a bisturier with the hand behind it. And that's what, what's the name of Caroline's bisturier? Her lance bisturier, that's what you're talking about. Yeah. No, it's a bisturier, but I think that we're seeing that we're already open to it. We're always open to it, that we're always looking at it, and that's what's next. And, of course, it's been a long time. And that's what we're seeing is the need for employees. And we're seeing employees that are always looking for a new job, a new job, a new job, a new job, So we're not too far away. So, we're not too far away. So, we're finally in the middle of the day. And, of course, we're having a good time with the candidates. We're having a lot of fun. We'll be doing some work with the candidates, we'll be doing some good things, and we'll be doing some good things. And we'll have a tour where we'll be able to get to know the candidates. So, yeah. Yeah, I think that I think that yeah, what is it? I think that it's a very important thing for the candidates. Because I see it on the wall. I'm not a fan of the wall. Yeah. I think that I think that we're not going to be able to do anything or do anything. Or, I guess so. But, what's your job for your audience? What's your job for your kids? Well, for my first job, I was really lucky. I thought I had a job, of course, and I thought I was very lucky. But I thought that it would be nice for my audience to be able to do something. And it would be nice to be able to do something if it were honest, if it were a technique, or something for my audience. What was it? Yeah, I think I was in the middle of the class. I was 13, 12, 13 years old. I was in the middle of the class. I was 13, 12, 13 years old. When I was really lucky. I didn't have any other things to do. I didn't go to school or other things to do. So, that was my thing. But, I did it. I got to have my own thing. And I was interested in it. I wasn't interested in it. I wasn't interested in it. I was very interested in music, pop stars, French, that kind of thing. So, what kind of music were you interested in? Aspen, ballet, and The Renderer, Ultra Fox, U2. That was the biggest thing. Were you interested in music? Yeah, I wasn't interested in music. I was interested in Spotify, so I wasn't interested in music. I thought, oh yeah, you can't do anything amazing. You have to do things in your head. You have to do everything amazing. Yeah, that's the thing. That's the thing that you have to do in your head. Yeah. on the other hand, you have to do things intuitively. Yeah. And that's another thing in politics. Yeah. No, I have a lot of things that in my head are the biggest things that the United States was in. The United States was free and I wasn't interested in music. I wasn't interested in music at all. I was interested in music. But I didn't have the best set of shows. I had a lot of things that I had done that the United States was free. I was not interested in music. It was good. Good. It was It was good. I was music. It was good. I didn't set of shows. The United States was free. The father was free. Man was free. The author was free. Most of the were free. In fact after that I was excited about my would you be more clear with the history of the place, the land and the state? Yes, I was at my base, but in the period before I came, I was in overland. My father was there in 2013, overland. So he didn't have much money. But my brother, my mom and my friend Henk, they visited as well. And they told me to come back. I was there in 2013, and I was there in 2013, and I was there in 2013. So I was there in 2013, and I was there in 2013. But I was there in 2013, and I was there in 2013. And they had a great experience. They came up with this idea of the Great Lakes. So, yeah. But who is that in the region that believes everything about it? And is there no state for it? Yes, then you have to think about what I'm talking about. Yes. Yes, it's a little different. If a person lives, has a loss of the right to be part of it, they have to go back home with a little bit of a miss. There's also the period that you're sick. It's going to be very difficult. Is it going to be very difficult? No, it's not. I think it's going to be very difficult. But, yeah, overland. In a health care process, I can take care of it. Yes, I think it will have a lot of impact on my health. I think that, with a lot of people, it's difficult to get enough of it. You have to take care of it. You have to take care of it. It's a little bit difficult to get enough of it. But if you see that you have a lot of pain and loss of health, that is a lot harder. That is not a good idea. That I think is a little bit hard. have That you a lot of pain and loss of health. That you don't have a lot of pain, that you're sick. And that's what I really want to hear, from the fact that it's over -layed, that it's all over the place. Is it a sort of good off -site? That you have a lot of pain? Yes, for sure. That's what I wanted to hear. A hundred percent. Overall, it's what I want to hear. That's what I want to hear. If someone has a heart attack and is sick, then they don't have the person who is sick. But you have to take care of it. That's what I want. That's what I want to hear. That's what I want to hear. And if they do that, then they will have a lot of pain. And that's what I want to hear. A lot of things can be explained. And it's sort of off -site, in the sense of, no, we don't have a lot of pain. We don't have a lot of pain. So that's a big deal. Yes, that's a big deal. A big deal. A lot of people do that. And that's a big deal. For someone who has a lot of pain, that they don't have a lot of pain. But I really want to hear it. And that's what I really want to hear. It's a very important moment that you have met Okaa. And you have to think about what it can mean in one day. And you have to work with it. You have to work with it. So you can take care of it. All of that will happen. You have to work with Okaa. And if it works, then it's not going to work. And that really is a real fact. It's not going to work. It's not going to work. So it's an important moment. Our lives and our practices will work together. So if you have a partner, or maybe even a partner, you have to think about it. If it doesn't work, it's not going to work. And realize that people don't have a lot of pain. No, they can't. No. And you don't have a lot of pain. Yes. You have to have a lot of pain. No, no. A lot. A lot of pain. A lot of pain. A lot of pain. Yes. Yes. No, but I've been very much involved in my family. My direct family. My sons. My mother. My brother. My life. That I really feel very good. That it's going to work. In the end, it's a very difficult thing to do. And how I want to do it. Is the state of your life, well, on your own right. Or on your own right. But if my own right is there, well, on your own right. That's it. I find it very difficult. That you have to be good at your own right. And after all, especially from my mother, my friend, my kids, have you ever felt yourself? Yes, it's a good thing. It's a good thing for me. It's a good thing that I'm on the court. I'm in a burnout. That I overcome my own right. That's what I'm talking about. Yes, I know. I'm a good man. I don't want to sit in the bibber as a rich guy at the bank. But if I'm going to be able to do it, it's a good thing. I'm a little bit of a man, but I'm a good man. If I can do it myself, I can do it myself. It's a good thing that my son can do it himself. I'm a big man. I'm a little bit of a man. I'm good at my own right. And I find it very difficult. I find it very difficult for people to do it myself. Yes, because you go to the middle, you have a hope in Bangladesh for a lot of people who are living in the States. That's a political point. But, it's a very big challenge for people to be in the States and be able to do it. And for people to be in the States, I think it belongs to you. Yes, it does. Yes, I think... ...you feel bad in your life, or have bad in your life, then... ...it's as if you make a thing out of it, that you think... ...is it really a bad thing, or is it a drug? And I think, no, it's totally not a bad thing. The people in my life are like a group. I have other things to do. That's why I think it belongs to you. But that's what's wrong, I think. I have a lot of talk about what the ungriving of my fund is... ...but now it's more about my base. My father was a journalist. He was a doctor. My mother was a reporter. She was a reporter. A CDR. A CDR, yes. You can't blame it. You can't blame it, then. No, yes, yes. I feel that it's really a bad thing. And we can work together. We can work together. But that's not the case. No, it's not that. I think it's a drug. I think it's a drug... ...to realize that people... ...who have a letter on their hands... ...have to pay for it. I think it's a bad thing. So I don't think it's a drug. There's no social media. But I think it's a bad thing. I'm a bit scared. But we don't have that. I think it's a bad thing. Yes, it's a bad thing. It's what you're saying. Yes, it's true. It's true. But it's true here. It's true. It's true. Like Savannah was talking about. Or like a little girl. I think it's a bad thing. I think it's a bad thing. I think it's a bad thing. And then there's politics. And then there's politics. I don't think it's a bad thing. But I'm aware of politics. That's what I'm talking about. People are asking for money and money. And that's what's coming out. Irish blood. Yes, I think it's a bad thing. Yes, yes. Is that a thing you're talking about? That you're not talking about Irish blood? In my personal life? Yes, of course. We have a lot of Irish blood. We have a lot of Dutch families. But I also have a lot of Irish families. And they say that I'm poor. But when they say that I'm poor, they say that I have a lot of other problems. In family, my my mother used to say that she had children. She used to work in a mail factory. She had a lot of children. And she had children. She was very poor. So she was very poor. But it was all right. It was all right. It was all right. Everyone was welcome. It was in the eyes of nature. She was very poor. She was very poor. She was the oldest. She was very poor. But she was very poor. That's what she thought. She was poor. And she was very poor. She was only eight years old. And she wasn't very old. She had two brothers of the Philippines. But she was very poor. And she was very poor. She was young. And she was very poor. She was straight and had a coma. And that was what she knew. She had three children. She was very poor. And she was very ill, she had a lot of children. Yes, she was very ill. No, she was very poor. She was a child. And in Limerick, she used to think that I that think the state of life, there is a state of life all over the world. The state of life in the middle of the channel. It's a big part of the roadblocks. It's a big part of the society with meteors. And that's why it's so much more controlled. And not only that, but also the IRAs. They were based on the boomers. And as we know, a boomers was created. There were a lot of strangers and strackers. That was a period when a lot of people... Yeah, a lot of people were in the Republic of Ireland.
Markets Daily Crypto Roundup
A highlight from CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by Kraken. Wondercraft AI voice here to give you six crypto markets takeaways from last week. We'll start by taking a look at what happened in markets during the first half of the week. Here, CoinDesk Indices provides week -on -week data over the seven days leading up to Tuesday, September 12th. The culture and entertainment sector, which contains digital assets associated with art, media, and the metaverse, lagged early this week relative to the rest of the market, including ImmutableX down 11%, Apecoin down 15%, and Axie Infinity down 7 .8%. The majority of the market was down Tuesday to Tuesday, meaning 159 of the 183 assets in the CoinDesk market index. Bitcoin, however, relatively outperformed, while Ethereum relatively underperformed. Over the past seven days leading to Tuesday, only four protocols in the 183 -asset CoinDesk market index saw double -digit appreciation. These include Automated Market Maker Perpetual Protocol, up 41%, Shared Storage Network, Storage, up 25%, Social Platform Origin Protocol, up 20%, and Smart Contract Platform Chromia, up 16%. Stay tuned for after the break, when we'll bring you three more takeaways from the week.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by Kraken. Wondercraft AI voice here to give you six crypto markets takeaways from last week. We'll start by taking a look at what happened in markets during the first half of the week. Here, CoinDesk Indices provides week -on -week data over the seven days leading up to Tuesday, September 12th. The culture and entertainment sector, which contains digital assets associated with art, media, and the metaverse, lagged early this week relative to the rest of the market, including ImmutableX down 11%, Apecoin down 15%, and Axie Infinity down 7 .8%. The majority of the market was down Tuesday to Tuesday, meaning 159 of the 183 assets in the CoinDesk market index. Bitcoin, however, relatively outperformed, while Ethereum relatively underperformed. Over the past seven days leading to Tuesday, only four protocols in the 183 -asset CoinDesk market index saw double -digit appreciation. These include Automated Market Maker Perpetual Protocol, up 41%, Shared Storage Network, Storage, up 25%, Social Platform Origin Protocol, up 20%, and Smart Contract Platform Chromia, up 16%. Stay tuned for after the break, when we'll bring you three more takeaways from the week.
The Bitboy Crypto Podcast
A highlight from Why You Should Mine KASPA And Stake ADA!
"Why does he look like Tom from Myspace? Go back one more time. That is Tom from Myspace. Tom from Myspace is just missing the whiteboard, I think. This picture's gonna give me nightmares. This is the worst. Here it is. That's our Casper minor down in the basement. What we have is basically a picture of Tim. Look at, or a picture of me. Don't say that's a picture of Tim. Okay, this is the chaos that's going on in our basement. Just one more time. Yeah. You know? Just absolutely. There's no hot way to frame that picture. Why does he look like Tom from Myspace? Go back one more time. That is Tom from Myspace. Tom from Myspace is just missing the whiteboard, I think. This picture's gonna give me nightmares. This is the worst. Here it is. That's our Casper minor down in the basement. Let us know in the chat, what are we gonna name this minor? That's what my sleep demon looks like at the foot of my bed when I'm in paralyzed mode. I've never had sleep paralysis. It probably sounds, it sounds scary. I hate, would anyone here experienced sleep paralysis? No. Yeah? Scary? Scary? Very, very scary. Can you describe in one sentence what, was there a demon? And if so, what did the demon look like? Scary. Scary, scary. They say it's common. And my fiance, she sleep walks a little, but sleep talks, she has a slept with, like she's real, real tired. Yeah, she'll get up, she sleep talks. Oh yeah, my wife, my wife sleep talks to me all the time. Shout out to my friend, Wesley Miller. He would sleep sing church songs back when we were in middle school. What a good guy. I don't know what he's, he went to Baylor. I hope he's doing well. All right, it was me that threw an egg at your dad's truck and I still feel bad about it. All right, this is a mining dashboard here. It says Ice River. Is the mining settings, IP settings. Okay, so a hash rate. Okay, 30 minute hash rate. There's no way I'm ever gonna get this. Okay, I could see the next tab says KAS. Is this a CASPA mining portal? It's a CASPA miner and a CASPA mining situation we got going on. Wait, wait, this whole segment was guessing what it was mining? No, well, no, we're naming the miner. Oh, I was gonna say, yeah, I don't think this was a guess that because Nick is like, he talks nonstop about his CASPA mining. Yeah, we're getting CASPA in the basement. I liked, let me see here, going up to. Thank you, The Damned, thank you. The Mine Tater, Silver Surfer, Yukon Cornelius. We've got some ideas coming out of this. Okay, what are these? Are these comic book characters that mine crypto? Say one of those again. Yukon Cornelius. Okay, that is The Simpsons character, right? That sounds like a Simpsons character, does it not? All right, it looks like, so that was for CASPA. CASPA is still under a nickel, everybody. If we look at all time high, got as high as peaking at a nickel. Now we're peaking back at a nickel. I'm really not a fan of buying wicks of coins. So, you know, I'm not gonna buy any CASPA right here, even though I probably should. And you're probably gonna laugh at me when it goes to 50 cents, goes to a dollar. I just can't do it. I just can't do it, folks. I see this and I'd rather just buy Chainlink. Ah, that being said, I definitely should have bought that dip into the threes. I feel like a dum -dum. I guarantee if we touch 3 .99999, I will buy some. If we get anywhere below four cents, I'm gonna get in on some CASPA. Is that too soon? Is that too late? Should I just buy it now? Anyone hold some CASPA, let me know. You know, what do you think of my CASPA strategy? It's more at this point, I don't even care if I have great X return. I'm just mad at myself not having any. And so I'd rather have peace of mind. Peace of mind, just being able to lay your head on the pillow at night, just going to sleep easy. I highly, highly value that. And so I think holding a little bit of CASPA will also make me feel good there. It might not be the best time to be filling your bag with it right now, though. We're currently working on a double top at a level that, back a long time ago on a DA, this was the prediction I called, I hear, right under five cents. We went slightly above it. But right now, when you're looking at oscillators, four hour chart, daily chart two, we're getting overbought flashes at that double top. So I'm not saying it has to fall back down here towards this golden pocket, but more than likely there's a decent chance you could potentially scoop some more up around three cents. All right, so Brian is just too much for him. You know, he said, I give up Deezy, it's too late now. You know, should I buy like, if I buy 20 of them at a nickel for a dollar, like will y 'all not hate me anymore? I just gotta, I'll just get 20 of them. Oh, you can mine it. I do, all right, so I have a 1070 that's like four or five years old in the office. I wonder if it will work with that. I think you need one like Nick got. I think it's a very specific miner. Is it GPU? Yeah. Okay. Just take a better picture with it. All right. One more time. Just for good measure. That's perfect. All right, let's talk a little Cardano here. ADA upgrade, Cardano staking game changer, multi -pool delegation with LACE. The LACE wallet takes a huge developmental leap forward by allowing users to diversify their stake. Joining the ever expanding ecosystem is LACE wallet's latest feature, multi -pool delegation. Employing a unique strategy, they generate several stake keys from the same account, creating a new address for each pool with the set portion of the ADA the user wants to stake with the mechanism. They can now simultaneously stake their tokens in up to five unique pools, diversifying their stake. So yeah, it just makes Cardano more decentralized here. I stake mine with the default NAMI stake pool, Berry, made by Berry Alessandro. Great, great phenomenal builder on Cardano. I have a pinned tweet that'll show you how to download the NAMI wallet. If you wanna, you got some Cardano on an exchange and you're like, hey, I can get three, four, 5 % if I get lucky for free. Meaning if I got 100 and I wait a year, I'll have 104. I don't have to do anything. Okay, yeah, that sounds pretty cool. What if I have 10K? You might get 400 ADA for free. Let's say it does hit $5. That's gonna be $2 ,000 that you can earn by actually just clicking right, clicking, dragging, and then just hitting delegate. Like two mouse clicks can make you 2K if you had 10K Cardano that is. Other new multi -pool delegation feature is vital to the commitment to decentralization, allowing holders to stake across multiple SBOs, centralization, prevents overall promotes a more distributed network that aligns with Cardano's core vision. A shout out to BJ's NES pool, right? He has the NES pool. Pretty good builders on that as well. All right, it looks like we have a updated FTX asset report on Wednesday. We're falling into the X minute. Yeah, okay, okay, yeah. I thought the ADA would have more than one story. Yeah, just one story there. All right, now we're into the X minute, the Xs. Shout out to X -Pac. All right, on Wednesday, they likely get approval to liquidate their 3 .4 billion worth of crypto. Remember, there is false information in this. They can't sell all the Solana until 2028. And, you know, maybe there's going to be a similar situation with something like, I don't know if NIR's on here, but Aptos, I could see a similar situation happening with Aptos. Now their Bitcoin, yeah, they could, I think they'll actually hold it in Bitcoin. The Bitcoin, yeah, they could probably dump all the Bitcoin, but I think there's going to be some tokens with vesting schedules. I think a lot of that information is hidden in secret. And so it's like, we're relying on the whistleblowers here. So just be careful with what you see regarding FTX liquidations. There's a little bit of a false news out there.
The Podcast On Podcasting
A highlight from Ep376: Less Will Go Wrong With A Checklist Like This
"You'd be surprised how many things you can make a mistake when you don't have a good checklist and a lot less will go wrong if you listen to this episode, take a good note and have a checklist similar to what I'm about to share. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. What's up, podcaster? It's your host, Adam A. Adams. And funny story is that this last week I was playing with different microphones. I switched from a different mic to the mic that I'm using now and I didn't check everything. And I ended up recording a couple of episodes that sounded pretty bad. One of them was a solo episode and the other is an interview episode. And so unfortunately, I'm going to go back and rerecord the solo episode another time. Took me like more than a half an hour the first time. And, you know, time is valuable. Time is money. Time is our most valuable asset. You've heard all of that. And I wasted it. I wasted it by preparing, getting in the right headspace and then pressing record. But I mistakenly didn't have the microphone hooked up to where it needed to be hooked up. And if you don't have the microphone hooked up to the right mic, then it'll sound crappy. And for a solo episode that's about a half an hour, I don't want to put you through that. I don't want to put you through having to listen to that. I don't think that's the right thing to do. And so I'm actually going to go and I'm going to re -record that episode and record it again. So my teammate, luckily, Jen, reached out to me and she says, hey, you know, the audio quality doesn't sound normal. I'm not sure what's going on. And she sent me these two recordings, the one that's a solo and the one with an interview. And I listened to it and I'm like, shit, man, I'm using my webcam mic. So it's because I turned my RODECaster off that disconnected my microphone. And then when I came back, it just, I didn't double check. I did double check in the beginning of this episode before I started recording this one. Of course, I went in and I was like, I need to do this. And it brings me back to when I was a newer podcaster, I was better at using a checklist. I had a checklist of six different things. Today, I'm going to talk about 10 ideas and you can take them or leave them. I'm going to give you like 10 ideas that will go on a checklist that will help you. But when I first started, I kept on recording. I kept on thinking that I was recording an episode, but I never pressed the record button. So I'd sit there for all of that time and energy, but I never even pressed record. Another bad thing is to actually record the episode, but not be using the right mic. And so your sound quality sounds really bad and it's hard to understand you. It's hard to hear you. And the echo and the reverb kind of gets in the way of the content for your listener. And so I had a checklist and a couple of the things were make sure that you press record, make sure that you're using the right microphone. So double check the microphone every single time before you record. And it reminds me of a story that my buddy of mine told me. It's about an airplane and how he literally almost died. I'll share that in a second. Before I share that with you, maybe I'll go over these 10 things that you could use as part of your own checklist. The 10 things that I've got written down here are A, make sure that you get enough sleep. It kind of sucks to go into a recording when you don't get enough sleep. So potentially you could even have as part of your checklist, make sure I go to bed at 9 PM the night before or 10 PM or whatever works for you. Make sure that I sleep in until 7 AM on this day because I really got to be functioning well and sleep is an important part of that. Another thing that you may add to your checklist. The second thing that you might want on your checklist is food. Now, some people say that you are a lot more groggy. It's harder for you to think clearly. Some people and I would say venture to say more of the doctors and neuroscientists are going to agree with this. They say if you eat within two or three hours of recording, your brain function is just not going to be as good because kind of like the digestion, the energy that is taken to digest all that food. It takes some resources from the rest of your body, your mind, and you are likely to have a worse recording if you eat right before, especially if it's a big meal. And so the thought is for you, is that right or is that wrong? If you don't eat, are you stressed? Are you going to be more distracted because your stomach is growling or are you going to have more energy? It's possible you might have more energy by eating. But most of the science would point to don't eat within three hours. So you might say if you're going to have a lunch break and you're going to go out to a restaurant and have a big meal, like let's just say noon, you probably wouldn't want to have 2 p .m. appointment for a podcast if you knew that you were going to be eating or drinking alcohol or something like that. So just make this as a consideration. Am I in a fasted state or am I in a fed state? Whichever one works best for you. Again, I'll repeat that on number two about food that the science would normally point to that you shouldn't eat within three meals of a time that you have to be eloquent, have a time to be able to think sharply, ask good questions to your guests or put out really good content. You just need to consider if food or the lack of food should be part of your checklist. The third idea that I've got for you as part of this checklist that you may or may not use is pre prep. It's what is the pre prep that I've done or am doing or the research? And so, for example, I'll just be completely honest with you. I don't really do a lot of pre prep. I might be a bad example of this, but I don't mind winging it either. I don't mind jumping in. And I think we can always have a great product for our listener by the way that we go into something. So pre prep on a solo episode would be do all of your research ahead of time and pre prep on an interview episode. Like, for example, you read that guy's book or you read that you go to her blog or you see what her company is or you check out what stages he's been on or you listen to her podcast prior to the recording or you read her blog or whatever it is. You do some research on that person. You find them on LinkedIn. You see what they're posting about. You get to know them. You get to know their book. You get to know their podcast and that can arm you with other additional questions. Now, for me, I'm more than happy, at least on my podcast, the podcast on podcasting. I know that I can ask questions that is going to benefit my listener regardless if I do that or not. I'm going to save my time and that's not going to be on my checklist. Might actually need to be on yours. So again, the third thing is your pre prep, which is research, doing your due diligence on the person that you're interviewing. The fourth thing that I have written down that is a huge possibility for you is your wardrobe and makeup. So for example, I don't wear makeup. I can't say that I never have. There was a Halloween that I had a little bit of fun. I'll say that much, but typically saying that's not for me. I don't really have any makeup that I need to wear. It might be because I'm a guy or it might be because who knows, but that's just not something I have to focus on. So the makeup isn't going to be part of mine. But maybe, you know, shaving my beard, maybe giving my beard a trim or doing my hair or putting on a hat, maybe making sure that I have a collared shirt on or a button up shirt or maybe just making sure I have a shirt at all. Because sometimes I record sleeveless. I'll get home from the gym. I'll have some energy. I would have had an idea that came to me while I was doing some curls or some push ups or something. And then I'll have an idea and I'll just run home and I'll get excited about it. Jump right on the computer and start recording. But again, the fourth thing is consider your wardrobe or your makeup. Am I wearing? Am I looking the part that I want to look? Am I showing up the way that I want to show up for my person? And that also goes to your solo episodes, especially if you're recording. Listen carefully, because I've got some ideas here on the wardrobe and makeup on your solo episodes. There's a couple of reasons why you might want to do this. Number one is if you're recording video, then of course, you're going to want to look good on camera. But here's the secondary thing that most people don't think about is if your hair's messed up or even if you like forget to brush your teeth and you got rank breath, honestly, we'll distract you. Honestly, we'll take some of your confidence away. In some cases, if you're not wearing a suit jacket or even a collared shirt or something, for some people, that action, that omission of not putting on a certain thing or having the makeup done or having your hair done or having deodorant on or brushing your teeth or something like that, it will distract you so much that you'll put out bad content. You will not be able to put out good content. And so it gets into our mentality, it gets into our psychology and actually has us put out worse product than we could if we were to dress sharp. So even just doing a solo episode, regardless if we're recording it for the video to be shown at all, it may be in your best interest to look the part. The thoughts in your mind when you are looking sharp and feeling sharp, feeling like you did something like even just making your bed that day, hey, I'm going to make my bed. Now I feel better. Now I can go and do the rest because how you keep your house is how you do everything. That's what they say. So just make it a consideration. Should I add, you know, what my wardrobe or hair or makeup or making my bed is going to be? Should I be trimming my beard, whether I'm using video on or whether I'm having the video off? Make that consideration. Should I put this on my checklist? The fifth thing that you may want to have on your checklist is, am I standing up? I used to have a standing desk and I had a sitting desk and I started recording all of my episodes sitting down and then I found out that it will work better. You will have a better energy if you stand up. And so I would try to remember to go over to my other computer because I didn't have a convertible desk. My desk wasn't able to convert from standing to sitting. I had two different desks. I had a sitting one with three monitors and a standing one with two monitors. I did most of my work on my sitting desk with my three monitors, but when I wanted to put out a good product, I would go over to my other desk and I would stand up. And by standing up, I would have a better energy. I would approach it a little bit easier. And actually, when you're sitting down, you kind of close off your diaphragm. And so it's harder for you to breathe. It's harder for you to catch your breath. And in some cases, you sound like you don't want to be there. So for me, I would try to remember I'm going to get out of this desk and I'm going to go to the other desk. Or for others, you have to remember, hey, I've been sitting down, but for recording, I want to be standing up. And so you might convert your desk. Either way, I'm not saying you absolutely have to stand up for your recordings, but it is a good idea to stand up for your recordings. You will actually have better energy and you'll sound better and it'll just sound like you are more clear and ready. I believe that I think better on my feet. I know that sounds interesting. Excuse the pun, but I really believe that I think better when I'm on my feet. When I'm sitting down, I am more sluggish. I am more tired. I am more relaxed. When I'm standing up, it gives me that little bit of energy. And when I had the two different desks, I actually just closed down that office. Now I just have a home office. When I had that office, sometimes I would start recording sitting down and I'd be like, ah, I actually can tell that I'm not getting as good of a recording right now because I'm doing it seated. And so I had to remember to stand up to either convert my desk or to get up and go to the other desk or whatever it took to actually be standing. Because I would prefer that. And so if that's you, you might want to add that. Hey, make sure I'm standing up. You write down your own checklist and you go down the list. Sleep. Yep. I got plenty of sleep. Food. Yep. I remember to fast. Meal prep. No, not meal prep. Pre -prep. Research. Yep. I know about this person that I'm going to be interviewing. I have some ideas of what I'm going to ask her. And so I'm ready to go. Makeup. Wardrobe. All right. Am I wearing clothes that I feel comfortable in that make me feel energized, that make me feel proud of myself or confident about myself? And same thing with your breath and maybe even your stinky pit in some cases, right? Think about those things. And then the fifth one is standing up. The sixth one is a mic check. This is the one that I keep freaking messing up. And remember, remember for a second, I've got a story about a checklist about my friend literally almost died. Like he was really, really close to dying because he didn't follow the checklist. And so I will share that, but I want to get through these 10 things and we're going to take a quick break and then I'll share the story about my friend who literally almost died. Like not figuratively, actually was so fricking lucky that he's alive right now. All right. So number six was a mic check. What that means, I use Zoom. And so what I do to test my mic is that I go into the Zoom settings at the time that I'm starting it and I check my microphone. I push test mic and then it'll play it back to me and I'll make sure that the sound quality is what I'm looking for, that it's using the expensive mic that I spent the money on. Then why am I not using it rather than using my webcam like I did recently? We're going to get into that. So number six was a mic check. So you do a mic check. You make sure that you're using the right mic. Number seven is you do a pre -interview. These 10 things that I'm giving you, they don't have to be your exact checklist. But this is a framework of how to build your checklist. The seventh thing is to do a pre -interview. Now, I don't have this written down on a checklist of mine. Even back in the day, I didn't have it written down. It was so natural to me. I didn't have to write it down. You might want to. The thing that I would do and always do is before I start recording, I naturally do this. I say, this is who my avatar is. This is who my listener is. Tell me what you would like to pour into them. If you only left this podcast today with me and you only said one thing to that person, what would it be? And so that has always become part of my natural way to go. Before I start recording, I do. That brings me to an extra thing that maybe you should add to your checklist. Cause I've made this mistake before as well. So I'm going to actually give you 11 things. That's funny. I just came up with another one that I've made the mistake. And so I'm typing it down to make sure that I share it with you. I've made this mistake before and it is that I jump into the recording. I might just be meeting the first person for the first time, or I might know their first name, but not their last. And maybe they have a complicated first name or spelled super weird or from a country that you're not familiar with. Like a culture that is new to you, you know, where they have silent letters where you would normally want to use that. Like French language and English language are very different. There's a lot of silent letters in English that are completely different than the silent letters in French. And you get all of these new things like X's do a certain thing in the Spanish language, X's do a certain thing in the French language, X's do a certain thing in the English language. And in some cases they can be pronounced in different ways or the vowels might be a soft vowel or a hard vowel. There's a number of things. And so what I continue to do is I'll actually done this so many times with the person's name where I do all of the other things. And then I jump in, I'm like, welcome back to this podcast, whatever your podcast name is. Welcome back to the podcast. It's your host, Jon Smith. And today I'm joined with shit. How do you pronounce your name? Okay, let's start over. So there's an option. So you should just do it in the beginning as a part of your checklist. Like you should just make sure and verify that you are pronouncing somebody's name the way that they want you to pronounce it saying maybe they go by a nickname. Maybe they go by John or Jonathan. Mel or Melanie, whatever. Maybe they go by something else. So how do you want to be addressed? How do you pronounce your name? Okay, cool. And now you're in, now you're ready. Something that I hear people do is I just mentioned, I'm like, Hey, this is whatever podcast today I'm joined with shit. What's your name? I've recorded a couple of times where I've been in that position where I'm like, crap, man, I actually don't know how to pronounce your name. And then they correct me while I'm recording and I've published it that way. And I don't agree with that at all. I feel like that's the wrong thing to do. I don't think I should have done that. And I don't think you should do that. If you don't know how to pronounce somebody's name, you should get that cleaned up in the pre -interview time prior to ever actually recording. So you might ask them in the pre -interview, you might double check, Hey, how do you pronounce your name or what name do you want to go by? You might ask, what do you want to pour into my perfect listener? This is what they're going through. This is what they're worried about. What are you passionate about? Those are some good things. So I'm going to say that number seven is the pre -interview where you try to figure out all of those details. I'm going to say number 11 is making sure you're pronouncing the name right. Then go back into number eight, the avatar. Who is your avatar? Here's the thing that I've noticed. This happens so many times. Somebody is going to record an episode and they will not have their perfect listener in mind. They'll have a general idea of who might be listening. And they might even think that they have multiple avatars and so they're doing whatever or they might think that they're talking to a whole stage. Yeah, sure.
The Crypto Overnighter
A highlight from 669:FTXs $3.4B Liquidation and Armstrongs DeFi Challenge
"Beef, it's what's for dinner. Funded by beef farmers and ranchers. Good evening and welcome to the Crypto Overnighter. I'm Nick Ademus and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax and let's get started. And remember, none of this is financial advice. And it's 10 p .m. Pacific on Thursday, September 14th, 2023. Welcome back to the Crypto Overnighter, where we have no sponsors, no hidden agendas and no BS. But we do have the news. So let's talk about that. Tonight, we're dissecting the court approved liquidation of FTX's 3 .4 billion dollars in digital assets. We'll also delve into the tug of war between the CFTC and Coinbase's CEO, Brian Armstrong, over DeFi regulation. And if that's not enough, we have FWOBY's rebranding fiasco, the SEC going after stoner cats, Singapore's regulatory hammer coming down on 3AC and the EU passing a new crypto tax law. Get ready for a deep dive into the land of the markets that never sleep. FTX received court approval to liquidate its digital assets. These assets total approximately 3 .4 billion dollars. Judge John Dorsey made the decision in the U .S. bankruptcy court for the District of Delaware. The assets include 1 .16 billion dollars in Solana, 560 million dollars in Bitcoin and 119 million dollars in XRP. Galaxy Digital, led by Mike Novogratz, will act as the investment manager responsible for conducting the sale. The court approved plan allows FTX to sell up to 100 million dollars worth of tokens each week. This cap could potentially be doubled for individual tokens. FTX's liquidation plan was approved despite some opposition. The exchange has assets totaling around 7 billion dollars, which it aims to use to repay creditors. The exchange also has 38 real estate properties in the Bahamas. The liquidation is part of FTX's broader strategy to repay creditors and is considered one of the most significant asset liquidations in cryptocurrency history. FTX co -founder and former CEO Sam Bankman Fried is awaiting trial in October. The exchange has the option to sell, stake or hedge its digital assets. This court approval is a landmark moment not just for FTX but for the entire crypto industry. It sets a precedent for how bankrupt crypto exchanges can handle asset liquidation, especially when creditors are involved. While the court's decision may seem like a straightforward legal procedure, it has far -reaching implications. For one, it's a nod to the legitimacy of crypto assets as a form of property that can be liquidated to repay debts, a concept still not universally accepted. Moreover, the involvement of Galaxy Digital adds another layer of credibility to the process. It's not just some random entity handling the liquidation, it's a well -known firm. Mike Novogratz is a name many in the crypto community trust. This could set a standard for future cases where large sums of crypto assets are involved, from FTX's crumbling empire to a battle for DeFi's very soul. While FTX's liquidation exposes vulnerabilities, the CFTC and Coinbase's Brian Armstrong are locking horns over the future of decentralized finance. Now before we jump in, hit that like button if you appreciate unfiltered insights.
Dennis Prager Podcasts
A highlight from Shallow
"Hello, my friends, and whoa, let's see here. Adjusting. Haven't been here. I've been on the road for a week. Things need to be adjusted. Here we go. All's good, everybody. Dennis Prager here, finally back. Four time zones in five days. I do have a sense of my country. Many different countries in this country, but really two different ones, left and right. There's something that I need to stress aside from the moral character being so low on the right, but many of them are fine people otherwise, but the intellectual shallowness of the left is something to behold. There is no day that has passed in the last two months that some major medium has not attacked me and or PragerU. The attacks are so, so revealing about the intellectual shallowness of the left. You can't be deep and a leftist. It is not possible, literally not possible, because leftism is foolishness. It's like you couldn't be a communist and deep. Your perception of the world was so flawed as to enable you to do immense amounts of evil. I'll give you an example. To show how bad a person I am, they take one of my essays, which says that just as men have to be taught to control their natures, otherwise they end up engaged in terrible acts of violence, so too women have to be taught to control their natures, otherwise just as in the case of men, where their passions and appetites, etc. would rule them, women's emotions would rule them if they're not taught to control them. So across the board on the left, I'm called a woman -hater for saying that, but why am I not a man -hater for saying that men have to be taught to control their natures? Because they're so intellectually shallow, and because they believe that a criticism of just the nature of women, just as the criticism of the nature of men is important, you can't criticize anything about women. They are apparently, according to the shallow of the left, perfect. They don't have to be taught to control themselves or their nature. I'm actually called a misogynist, a woman -hater. And the comments of leftists also give you an idea of the intellectual level of these people. Here's one. He probably writes that because he doesn't get sex. This is a typical comment. There you go. That man knows my marital life. He probably believes it. Or she. I have no idea. They never put their names in. Your children are being taught not just often by sick people, truly sick, not always by any means, but often, who truly do believe that sex is not binary and that children should be exposed to drag queens at the age of five. But these people are intellectual midgets. That's the other part you should understand. When they attack PragerU, they are attacking an intellectual achievement that so dwarfs that of the people who attack us as to be laughable. I could literally read to you for three hours attacks on us because Oklahoma, Texas, and Florida are considering allowing teachers to use our materials and classes. God forbid children should be taught to love their country. Literally God forbid, well, they don't believe in God for the most part, which by the way is something I am going to share with you later. There was a piece recently in the New York Times about the decline of religion in America. I need to read to you the comments. I'm sure you didn't see this, my dear, dear producer. The comments of New York Times readers about what a joyful day it is in America that religion is dying. Those are the most very rare for a one article to get 2 ,895 comments. This is from a sweet, usually foolish, not always man, Nicholas Kristof. America is losing its faith. So I will share that with you later on because a new story is out of another young person mutilated by the left, literally mutilated. If you don't understand that the left is morally vile, then you don't have a functioning moral compass. I distinguish between left and liberal all the time. I wish liberals made that distinction. There's another story about another mutilated young person because of the sick people who are called doctors and therapists. At 16, I was diagnosed with gender dysphoria in under an hour. This is from the Daily Mail. Is this from today? Yesterday, yep. And given sex change surgery after just two appointments, I am suing the doctors who permanently mutilated me. Is there anything in American history in which the medical profession has participated? And this is an open question. There might be. I mean, eugenics, would that be an example? Would be the use of blacks for the Tuskegee experiments? But this is so much more widespread, I believe, is it not? I don't know. I don't know enough about the, you know what I'm referring to with the Tuskegee experiments. It was very hard for me in life to acknowledge that doctors could be evil, partially because we so venerated doctors in my home. Doctors are close to God in Jewish homes. And my own brother is a distinguished doctor. So it's very hard for me to, just as it's been hard for me to acknowledge that religious people could be evil, because I think of a Bible -based religious person as almost inevitably inclined to goodness. That's not the case always, to say the least. It's very hard to guarantee goodness in this world. A woman who claims she was rushed into transgender surgery is suing the doctors who gave her a double mastectomy as a child. Wow. Boy, do I hope. The lawsuits, that will be the issue. I hope these people are sued into bankruptcy. I hope they are financially crushed. And the despicable children's hospitals, again, to think of the word despicable in the same sentence as children's hospital, can you think of a more beautiful place than a place that treats children? And look at what the left has done to children's hospitals, because the left destroys everything it touches. Say that when you wake up, when you walk by the way, when you go to bed, when you stand up, when you sit down, and you will understand what is happening in America. The left destroys everything it touches. Luca Hein was given the irreversible operation at 16 and says the surgery has left her with daily pain, while the hormone drugs may have robbed her of the chance of becoming a mother. The Minnesotan, now 21, suffered a traumatizing few years as a teenager when her parents went through a bitter divorce and she was groomed by a man she met on the Internet. Poor thing, poor thing. Yes, there is such a thing as bad luck in life, my friends. Religious people are annoyed at me for acknowledging that. It's hard for me to believe this was God's will. She became increasingly withdrawn and spent more time online where she began following trans influencers and became convinced she was born of the wrong gender. Luca claims she was diagnosed with gender dysphoria by a therapist within an hour during her first session and was referred for top surgery after her second appointment. Top surgery. The left comes with great euphemisms. We shall return. I'm Dennis Prager. Gold dealers are a dime a dozen. They're everywhere. What sets these companies apart and whom can you really trust? This is Dennis Prager for AmFed Coin and Bullion, my choice for buying precious metals. When you buy precious metals, it's imperative that you buy from a trustworthy and transparent dealer that protects your best interests. So many companies use gimmicks to take advantage of inexperienced gold and silver buyers. Be cautious of brokers offering free gold and silver or brokers that want to sell you overpriced collectible coins, claiming they appreciate more than gold and silver. What about hidden commissions and huge markups? Nick Grovitch and his team at AmFed always have your back. I trust this man. That's why I mentioned him by name. Nick's been in this industry over 42 years, and he's proud of providing transparency and fair pricing to build trusted relationships. If you're interested in buying or selling, call Nick Grovitch and his team at AmFed Coin and Bullion, 800 -221 -7694, americanfederal .com, americanfederal .com.
WTOP
"double double" Discussed on WTOP
"By Red River technology decisions aren't black and white. red. Think Let's check in with Rob. The Nationals fell to Washington's original baseball team suffering a 7 loss -2 to the Texas Rangers to see their losing skid reach five straight games and 15 of 16 at home. In a retooled offensive lineup, CJ Abrams batted lead off for the first time in his young career. I'll see more pitches, more ABs on defense trying to make plays for my pitcher and they don't know if it's trying to get on base from still basis. Dave Martinez made the move and said CJ look great up there. Caught a walk ahead. A stolen base play made behind second base and unbelievable and then you know Joe with two big home runs for you know hopefully he gets it going. I know we got the all -star break but that's kind of nice to see him swing the bat like that. Yeah Joey Maness' first career multi -home run game bro came out of a homerless slump of exactly two months and doubled his season total to four. The Orioles two -run 10th inning got them a 3 -1 win in Minnesota, their third straight victory. The Mystics hot shooting first half was enough to snap a two -game slide with a 96 -88 victory over the Indiana Fever. Brittany Sykes led all scorers with 29 points by far her season high and Aria Latkins also had a season best in scoring with 26. She added 11 rebounds for her first double -double. Before the game there was a moment of silence for Nicky McRae -Penson, the third overall pick in the 1998 WNBA draft and three -time All -Star with the Mystics who died Friday age at of the 51. Read more about the Hall of Famer's remarkable impact on women's basketball Rob Woodfork, WTOP Sports. Coming up on WTOP after traffic and whether his actions after the 2020 election and the false claims about that election being stolen may cost former New York Mayor Rudy Giuliani his law license. The story coming up 826. Check it out. You lifted your car? Yep refinanced my auto loan with Navy Federal Credit Union put the money i saved towards an 18 -inch lift kit pretty sweet huh it's a minivan well now it's a mega van dad i can't get get at down navy federal credit union we're here to help our members save toward their goals whatever they may be Navy Federal Credit Union our members are the mission I want to break free. Ready to break free DC? Get ready to make unforgettable memories in Europe with Norwegian Cruise Line. Vote today and get 35 % off all cruises. Plus, enjoy free airfare for second
The Garden Report | Boston Celtics Post Game Show from TD Garden
"double double" Discussed on The Garden Report | Boston Celtics Post Game Show from TD Garden
"Playoff 16 here. 16 for 16 wins, Celtics still are at 14. Still stuck here. We're going to check in now that we've talked about HelloFresh and we're going to talk about sherrod blakely and what type of wisdom he's going to help bring a little fish to this podcast that to this point has been nothing but positive sherrod. Really? You guys have been are you sure you're absolutely bullshitting me? We're honestly we're spinning our wheels and I'm not going to lie like part of what we were talking about here is just not really certain. One thing we haven't gotten into in the morning commute. Yeah, one thing we haven't gotten into is refs, which we'll get into at some point because it was pretty disgraceful, but also not the reason the Celtics lost, but a really disgraceful game by the officials. But we were talking about Tatum and just, you know, the type of game that he had statistically looked pretty good, but disappearing at the end wasn't really there in the beginning. There's a lot of problems. It doesn't all fall on the stars, but this was one of those games where people say, before the game and this is where we were headed. Before the game, I tweeted that I don't think Tatum needs a superstar game. Everyone's like, Tatum's gonna drop 50 tonight and reclaim control. I didn't think. So I thought he just had to play pretty well, not turn the ball over, do things within the flow. But when everything else was going bad and no one else was playing well, you actually kind of did need that big Tatum performance tonight. Right. See, that's the thing that Jason, I think at some point, he's got to figure that out. I agree with you most nights that he doesn't need to be top 5 Tatum in order for this team to win. But there comes a point in games when you look at your bench and you see Derek white has one more point than gotta be most combined. You're getting nothing from grant Williams. Payton Pritchard can't hit open or contested shots. And Jalen is struggling. I mean, he's got at one point in the first half when draymond green had twice as many points as Dale Brown. You knew you were struggling. And that's when if your Tatum, you got to go into takeover Tatum mode at that point. And I thought he came out in the third quarter. I thought you saw glimpses of that. But the way that they were playing, he needed to keep that going. Yeah. I thought he got to the point where he's like, okay, I'm reminding you all that I'm pretty freaking awesome. Let me get my teammates involved. And then it's just like, no, no, no. At that point, I wanted to see him keep checking until he missed. You know, you put the team on your back. You go Cedric Maxwell and say, get on my back, fellas. I got you. And he didn't do that. And you look at his numbers and again, it's hard to be too critical because to do it at a double double before the fourth quarter even started. But when you're the best player on your team. And your team is not getting it done. You have to just grab those guys by the nexus they get the hell in my back. I'm gonna carry us home and we're gonna put this in my waiting for us in the game. And that never happened. That never happened. And again, if your email is like, how much more can you ask and expect of Jayson Tatum? I frankly, I would have, I would have kept primer that pump until I couldn't get any more..
The Passing Shot Tennis Podcast
"double double" Discussed on The Passing Shot Tennis Podcast
"Come out of nowhere and we have not. We don't see that often. We've we've seen that before yes with. Maybe maria sharp paver wimbldon. You could say we'll say Guests at the french open. But she didn't she didn't drop off the bassani for british fans with i think andy. Murray supportive yes. He's still here but his his time is winding down at some point. Soon the fact that amoretti county is some bustled to the seed You know over there at the right time has made this. I think so impactful. And i think you can see from the the number of people. He will watching that match lost light particularly amongst youngsters. You can see how it is captured. I think certainly a new generation of of tennis fans. And i think one of the questions for british tennis You know the people who run tennis in the uk now will be how how do we. How do we jump on. This moment is unexpected moment. Because we've been in this situation. Before with andy murray and that felt like they could have planned for it properly but the fact that has happened over three weeks it's gone from zero to everything and you're kenny's life will have no doubt changed teams and a pair of change as well but is going to be a big question. I think now In tennis uk How can we capture on this global superstar to were yet to really give tennis participation. I think of it in the uk. A real shot in the arm. Yeah i mean fifteen. Eighteen years from now we might have people citing this pivotal moment when they go involved in the game and yeah we'll we'll have to say because forty eight percent. I think oh feick. Sixteen to thirty four year olds apparently changed into four c. To watch it on saturday night. So it's just you know crazy. I bet shadow four like through. They managed to get that prime coverage for for the event. But i will say did see something on which Which made me laugh. Because it was a hit was now but they were saying. Oh emma's just go to one slab in his second slot in his second major like she's she's getting about it. The wrong way as british tennis fans will use suffering for years on end like we did with four. Andy finally when we would. And it's like it's so unexpected for british actually just spoilt british sports fans in general to not have years of agony unhappy before we actually went and something. It's amazing because i was reading today about how we kind of comparing this this noise to it. If we do compare it to two other sports office superstars in the uk. This feels like the last time it happened. It might have been someone like lewis hamilton in terms of the noise and the further. I think the has really got people excited about emirati county and what. She's about tennis court. Mozart mazing is the this early her second grad stab. The is going to be providing. Hopefully she can stay. Injury-free this is where the very beginning here of her story. This is not a popular chang of style situation where it's happened towards the towards the end of her career. The fact this has happened so early on and has put her on the map so many people at such a young age eighteen years old It's going to be is going to be fascinating to see how story develops because she has. She has in a way. You know not been tested. And i think one of the questions for me coming out of this is when will she be tested who will tester. and how. How will that test come because at the moment this this tournament really has been a tournament of invincibility. I think for variety county given the the school lines that we've seen. I mean six one six two six three seven five six one six four six two six three sixty six four six love six one six two six one six three six four six one. Six four kim. It sounds like they go even easier so and then six four six three in the final they go even easier as they developed into the business of the competition. So gonna be fascinating. I think to see walk that test. How that test comes we. We have granted not seen her against some of the leading lights in the sport. Light asaka at that fernandez has had to You know for example. Play in the build-up near she of sleepy asaka fisa leaner and saba alankar. So that i think for me is going to be the next real interesting element of Judy safe all this season and whether she can. Maybe even squeak three into the wto tool finals. I think that that potentially is a realistic Ambition of has now that she's what got over two thousand drag king points from winning the. Us open yes. She and she has two thousand. Forty ranking points from winning the usa because she got forty points four coming three qualities which finally enough means even if she defended her title at the next year she could only lose points because she needs qualify next year unless something. Drastic changes are not wt thinking. That eventuality was never ever topic but the father has happened. These change that should be. That doesn't feel fair if you're a To lose points that is just. That should be happening. Well you getting another one point. Eight million save this forty ranking. Boyd's bad same jerry true. Yeah i think from now on you know be so interesting to see how adapts to life on the tour. I think she's gone up to about twenty four in the world. Says she'll be obviously incident into to the top tournaments indian. Wells will be coming up in october. Be ready keen to see how she gets on there. And then put essentially. Yeah the finals oversee going into australia apron. There's a high challenge. Bc did is just going to be really interesting to train. African mating complete life is is gonna literally upside down And the team as well. It's it spin your is. This is probably felt like a journey for them already. And it's only gonna ramp up from here and again. Another question will be around. How does she handle that. That new found fame is one hundred percent coming away. Because it doesn't it doesn't feel like we've unearthed a british tennis star. It feels like we've unearthed a global. Tennis superstar is well. Yeah i just hate that. She has she continues to have a good team around her. And i just worry that with this kind of Notoriety and fame comes a little of pressure and we've seen the likes of really struggle with the limelight and you know apart that maybe because it just doesn't gel well oversaw like natural unit. Pass tight the fact that she's very introverted. Say oversee people kind of do in different ways. But i just worry that we. I hate the a few years down the line. We see emma struggling. I mean it is such a high that she started on deny. Is that going to be questions around motivation. Yeah i'm i'm thinking about you know for example. Monica pierre the the olympics when she won the gold medal and it was. I think we've kind of seen since the that. That was her peak and it was hard. I think her to get motivation after that because realistically she had done the best that she could do with a tennis crepe getting that go that gold medal. And is there a danger here. We've racked you candy. We have seen her peak or or or do you think actually this is only the beginning and you could see how potentially a multiple stan champion because we have a senior many first-time winners on the women's circuit. We have seen them. some have been fashion. The pants i'm saying people like for example. Yelena ostapenko yes. She proved me wrong. But at the moment i think we'd have to put her in that category. So where do you. Where do you stand do you think. Do you think we've seen petco or do you think that it's going to continue. I would hate. We haven't seen like samsung one slam. Chope emma's like is very different. Isn't it when it's just your second major. She's the youngest per well. She's the youngest She's the she's the first person to have won islam and in as few few the fewest attempts. What my trying to say we had andreyevsky do on her fourth slam. I think kristie don't have faith. So like the have baynes administer oris. But i mean the the manno of how she performed and played with such confidence and not being phased by the situation. Just being a amazed at biam care for like. I wanna because we have seen a lot of i. I'm sam is an you know it's different to the men's game. Isn't it words being say dominated..
The Passing Shot Tennis Podcast
"double double" Discussed on The Passing Shot Tennis Podcast
"This This whole year in fact is didn't alcohol in the wheelchair quotes because he did what djokovic could not do and was one the golden slam say he's one of the slams are knee the paralympics Which is amazing Really really fantastic. Achievement he is so of unheralded. isn't he In the school. And i love the fact that ye particularly joel pleased with his celebration in trophy ceremony at the end of that finally today yes he. I think his biggest achievement was they panted jerry. The beds fido and he put in his trae fee and so that was a great house. I get to see that old grade. He was celebrating his way. That was his dead fish equivalent. I guess he's dead fish equivalent but yeah as great to see and again. It's not it's just not an easy thing to do and to go in the next commission point on it and get the olympic gold as well for dylan alcohol. He is a in absolute trailblazer. I think for the sport for particularly for paralympic tennis as well. It's just an incredible. Even in fact he's got that. I think that approach buddhist the accessibility that they could cite down applied within twenty three thousand people around him. He was just yeah. He was just badly badly celebrating. What was Yeah a very very cellular for him absolutely and unfortunately we also had our hear it in the final off the wheelchair singles mental just singles. No unfortunate that he was in the final but he did lease at dishing gay. Kaneda's say but alfie and gordon. Who have done the The double ceos will get onto that and a bit later but some yeah fantastic that he made the final again. Let's just take a quick break now but join us in the second half. We'll be looking back on all the results from zastava including got ladies singles final between murad khani and layla fernandez who do not go anywhere. This is the policy shot to have jolan. Kim supported by download tennis dot com. And now we're gonna move on to look back at saturday night. Which saw a ladies final between two teenagers. Makoni qualifier and layla fernandez. Who has well. It's fair to say it's kind of captivated the whole of the uk. And i remember in my lifetime following this sport quite an occasion so of like this and to have a british female grand slam. Singles champion is something that i never thought we would get to see. It is kip there so everybody stories overrode into what i think with everybody. Kaddish drop to set. She's come for qualifying the fact that she's a british singles champion as well which hasn't happened in forty plus years Since virginia way. So it's been truly remarkable and i think before we kind of get into talking about the match. I think what was great about it was as he said. It was a sense of occasion and i think what really helped build. That sense of occasion was yes. It was on saturday night. And everyone i think was collaborating. T have a tv Did it was great. I think to see in the uk particularly that it was on free to air and that was a deal between channel amazon prime and as a result of that it just think catches everyone's imagination and it really raised the profile. I think for for british tennis. This was a very very big moment this moment. I think that we've exclusively been talking about in terms of andy murray for the last decade decade plus but the emirati candy eighteen years old teenager has arrived on the scene and has done the almost the unspeakable really to guy from qualifying round one to us open. Singles champion has been a story that has been so.
Hawkeye Report Podcast
"double double" Discussed on Hawkeye Report Podcast
"Doing it we do it right yeah. I'm always of the view that when i made this change. It stopped because they went to. They went twelve in that year. Your they if they had gone three and nine they probably would have stopped practicing in the morning and heaven thursdays off the next year. If you have success you're going to keep doing you're right. It was a twelve year on tom so solidified her thought process that who was going to work but they would have gone three nine eight hundred stamp. Now we all we all know about practising what happens during the week but How much of an expectation for film study for for quarterback specifically during the week. And how much do you work on them watching themselves because everything is filmed in practice versus just watching this case indiana. And what they do. Yeah for the quarterback tom. It is significant you have to. I always done under the belief. When i was a player. And when i coach quarterbacks you have to work twice as hard as the as the next persona team in other words you have to have double the film study of the next person on your football team and whoever that is you gotta have that double double double the film study. I always i was up there till nine or ten at night. You know during the course of the game week And trying to you know. Get all the film in. I mean there's just so much film you gotta look at as a quarterback every you know every situation etc you're breaking down i down second long second medium second shore third medium third long third short third next along for down. Then then you go to your you. Know coming out mill the field You know the strike. We call i. We had a strike zone which was around thirty five yard line going in. We had to red zone which was on the twenty twenty are light going in now we had to tight zone which was a line going in and we go line which was the three yard line donut so you have all those zones you gotta look at. Fill all those down dishes situations and And then i break break it down you know all their blitzes etc. But there's a lot of film study for quarterback now and the other guys watch film not. They don't have they could get they'll have to watch as much 'cause it's singular focus on their position like an office of. Why haven't what is that. What's that guy in front of me all about you. Know which is best pass russia's best hit technique. You know along with the schemes but that's what it really is for like an office of line which this guy over be all about how i block. Quarterbacks got to know where everybody is all the time so it has double the film. Study for a quarterback. That's the way i felt. I taught it that way..
Off The Vine with Kaitlyn Bristowe
"double double" Discussed on Off The Vine with Kaitlyn Bristowe
"Truck right and wrong little maple syrup on the side. Do we have a confession as a couple. A i think we need to find here. Go up e adding the surf in there. So i was trying to think of a couple's confession that we would have an unlike. I don't even know what we consider like a confession that the date thing was pretty funny because we were wondering how are they. How's this gonna work like as we were going at it. I was really sad. I was so sad and jason. What's to it was so awkward. I think what we should do is have a chef off and we'll have a whole panel take it to a self now already. It will raise money for charity. And it's got to be like one of these things like you're given you know kind of like chop you give one fridge you get like. I don't know you have to get creative with their own bullshit. Be scared i'm cooking. Let's do it. Anybody that's buys cave you can be on the panel okay. We'll do blind taste. We won't know who's it is. Good idea lanza better. Let's do the heck i'm desert. This is what's happening. You guys are cooking for us. We don't know thinking what we will rank your food and the winner gets truly the best cook no matter you know okay. I'm good with that. I will say. I think vegas odds you're up being software. I think vegas odds have used a slight advantage. But you're you're you're on your phone so you admit on the barracuda. We'll see got chopped. Oh my gosh. Just said. I think will i will keep up forever okay. You know what. That's a fun double date idea. We four of us would love games or like something fun. Like that will will make a whole thing memo podcasts about it after it will be games we might as well play a couple with you before we go wouldn't be an off the vine podcast without a game. So i've got animal mythbusters for you.
Off The Vine with Kaitlyn Bristowe
"double double" Discussed on Off The Vine with Kaitlyn Bristowe
"My china dot com to find out more confessions obviously katie. Everyone confessed to me on the podcast and we thought it would be funny. To do a couple's confession of maybe a little maple syrup accident. I don't know something embarrassing. You wanna share a. I mean i. It's not embarrassing. But maybe his family would be ashamed of our of our boat right. You'll get used to that. The boat ride what happened looking for a what software was on it. I saw fewer hold. Hold like i did like the water not like saw. Oh we're not talking about talk. Talking life scared saw. Translate that canadian. That's for sure not locating talking about well. That's why my mind went somewhere else when he said that because my mind is i'm still looking. I'm like you know what i'm talking about. I know on the bow. Yes this is his way of being like katie. Don't my family will kill me you got. That's one thing that like. You'll get over like i remember the first time to show and caitlyn shared a story. My parents like i can't believe it. Now they're like we love it so it's so funny. Family definitely was a little shocked at first. But i think once you get to know me they're like classic caitlyn but to give just jason and his dad stew. I'll kick him under the table. And he'll waikiki. Me and i'm like that the my anyways bad vote you guys. Clearly unsexy time on the boat it's fine rosy soft which was and his center. Is that too soft on the boat. We get embarrassed easily. This eastern red bear.
Off The Vine with Kaitlyn Bristowe
"double double" Discussed on Off The Vine with Kaitlyn Bristowe
"Went on a date with you. Guys and and connor be. I remember some of those conversations. Put that out. That's so funny because we still Who's obviously an executive producer of the show. He will still to this day. Be like kion. Jason is such a better cook than you off because in double date of the editor this out but katie connor and jason. I went on obviously double date having much more fun with you but it was. We had to do like a like you hold up very innocent fun game whose cleaner at home. Who's the better cook. And i pride myself on cooking because it's one of my love languages. It's an act of service. It's something i do out of love. It's something that. I put so much heart and love into because i want xanten perfectly actually didn't know this like i didn't know what was i learned that this guy is like the most like just cooks for fuel. He'll just chicken breasts and steam some frozen. Yeah keep call route. I should we learned everything. I trying to learn. So i didn't learn. I put so much love into cooking for somebody no matter who it is katie. I don't know if you remember this. But i could for people on the show. I'd be like that's just what i did. And so when jason was like non the better cook i was like oh good will enlighten. Obviously he's joking. No i think i am. I got hurt. Because i do not see the love put into cooking like i was so hurt that i and i react with. Emotions are smashing view panel. I'm like no witnessing it was like watching a couple of fight. And we're like okay. I'm oh yeah. Connor shall we of caitlyn jason. He'll be like this perfect on the right page and then like katie will be off really going out of the stupid tattle game. I.
Off The Vine with Kaitlyn Bristowe
"double double" Discussed on Off The Vine with Kaitlyn Bristowe
"I haven't been. I wanna learning lesson here. I think the biggest stressor that we had to deal with was the kind of final episodes. You know especially like the greg staff and so again very early on. I was very open about things. I sad ways that i felt like there was no hiding it. There was no like hold off to the last minute again. We just remained very open and and talked about it and we're both just kind of understanding how it would make him feel but also he was understanding might role during filming and we were able to get through that a lot easier. I think people probably expected. I remember reading. Calmest like all it's gonna suck forever. She's engaged with like watching this episode like yet. You know what we already talked about it and we've worked through it and we're such a strong couple now that that moment really didn't rockface. Let's school that's really just impressive on both parts. Because i know a lot of bachelor couples did. I'm not gonna name names by a lot of them and that's always a really tricky part of coming off. The show is navigating that part of it. So kudos to both of you for handling it like that knowing the bigger picture because i think sometimes you get so lost in that bachelorette bubble of what love is that you lose sight of the bigger picture in life. And you think that's all that matters you know when this is what i think of. You don't high school you think. That's like it and you're like up if you're not popular or in love and you get your heart. Broken people are girls are mean like you think highschool is it and then you go off and you realize how you don't even remember high school and it was just such a stupid chapter in your life like not stupid but like it. It obviously is pivotal. In how you go out into the world but at the same time you realize oh that was just a moment in time that has set me up for where i'm going in the bigger picture and it's so good that you guys proactively communicate like because i think just in the couples like we've madder people that we know that it hasn't worked out when people ask me like. Why do you think it is like bachelor. Couples don't work like what are you guys doing that. it's working. I would say the two things on if you agree with this or not. But i think one people forget that you're together for like three months then you have to go watch all this shit back like that is not easy and i think the second one is ego. I think people like you know they get off the show and they build this ego and then it becomes competition. It doesn't come supportive. It's this is my. I think that those are probably the two things. I mean ego for sure. It's it's that on top of like you hurt me on national television. It's their ego more. That gets bruce than like what they actually are feeling. They let that take open resentment. The resentment mills away so that makes me so happy about that because that's huge and that will that actually just gives. That alone is a solid foundation to start on. So i'm really proud of you. Thank you.
Off The Vine with Kaitlyn Bristowe
"double double" Discussed on Off The Vine with Kaitlyn Bristowe
"Doing this stuff is like it'll just be good for you guys in your day to day life or in your relationship because at this point i mean it's tough foundation to start on. Always say that about bachelor franchise. It's really tough foundation to start on. And i feel like just from knowing him being there and seeing guys. I know you already had like pretty good foundation compared to a lot of couples out there who come off the show. It's it's really hard but it can't be butterflies and rainbows and frappuccino is. What do you like not a double double the ice cap. So what has been something that maybe they can help you with in challenging times with some challenge you guys have come across actually spoke about the love languages pretty early into relationship because of course relying on texting and facetime because we are apart and i think that was one of our very early like difficult conversations like look. This is how i feel loved. And i need this from you. And he's like this is how i've grown up expressing less all work on it and and just having that conversation pretty early and that was really helpful that we were both very open and honest about that because we're able to kind of overcome any communication difficulties in you know texting and having this long distance relationship because katie you like correct me if i'm wrong but words of affirmation he outlets and are you more physical touch yes yes. What is your main main one. Though i think it is i can sell them yielded Yeah so. I feel like that's kind of your words. Evaporation gac service are the two. Oh that's good. Because i show love in acts of service that's definitely how i sure love russians not your words of affirmation is not my strong point now. It's it's it's really hard for me and jason's really good giving words of affirmation and that's my love language so that really works so glad. I at least do service quality time to like if you had to ask around. Okay so blake. You've had to work on like expressing. How you feel are saying like like okay. What do you struggle with you. I'm overly expressive like verbally. But i'm very i would say i'm very playful and physical and like do i don't know kate. How would you explain it like i. I show a lot but it doesn't come my mouth much. That i i over overemphasize the other stuff to make try to make up or because doesn't it doesn't feel comfortable so i it feels four times. Which has your ways much sense. Because i can relate to that obviously my. It's funny because my family like we all obviously our products our environment that my family was show loving so words affirmation through the whole family. Everyone talked about how they felt all the time how much they loved each other like it was very much words so it's very strange that i struggle with that. It doesn't make a lot of sense. But katie what were you gonna say. I shouldn't say yet like he. He's not the greatest his words. But like when. I'm stressed he figures out how to solve that for me or more together very physical very loving way so he shows love in all these other ways..
Wendell's World & Sports
"double double" Discussed on Wendell's World & Sports
"They've been gone. They've been good. All right chris paul yeah he had done in one of the game scheme for i believe it was. I forget what it was. Devon booker had gained three but for the most part. The guys have been good. You really gonna be complaining about the phoenix suns. Big three booker is averaging thirty points. A game paul's averaging seventeen point nine assists the game on fifty one percent. Percents shooting and de'andre eight minutes averaging a double double fourteen and twelve to block shots fifty four percent shooting. It's just been it's just been something here. Something there something everywhere. It's phoenix right. There from money williams. I'm saying fellas you know we we kinda gave that game we kind of slacked off a little bit in the second or third quarter milwaukee impose their will but we didn't quit we didn't give up. We didn't lose confidence. We didn't panic twice. Not only after milwaukee came back after we try to deliver that knockout punch and we thought we deliver that knockout punch by going up. Sixteen at the the first quarter. But then after milwaukee late in the third quarter. I'm heading into the fourth quarter. Turn the tables and they were the ones of by double digits. We came back. And if i'm only i'm telling them hey look man. They didn't win the game as much as they they survived yellow quote unquote won the game but they survived that game because that game would have gone to more minutes. We were the one that would have been the ones. That have been victorious. So something that's close all we need to pay a little bit more close Attention on details and we've got this so thinking look manfred game six. I'm pulling in the big three and saying look man. We need to have a franchise. Three you guys booker. Paul de'andre devon. I need you to the franchise player man. I need you to go. Kobe and needed to go ahead built in the next couple of days. Man go find anything. Kobe go back. Recall anything. Kobe toge get into that mindset. Because we need you to play like a franchise superstar we need you to elevate your play even more and i think you could do that. You shown the propensity to do that in the playoffs the series. I need you to do that for this game more than ever. Let's not talk about gainst every we're not leaving me thinking about game seven. We're going to be concentrating on you. Know what the first quarter of game. Six of them are moving on. We're going to be concentrating on the walk through that. We're going to be having to give ourselves ready to play for games. That's how minute that's house. We're going to be focusing on this but devon. I need you to be koby great. You said that you want to be great now your time i need to have the mindset. I need you to have that attitude chris..
WBEZ Chicago
"double double" Discussed on WBEZ Chicago
"Mascot dancing around double double, double double double WB, and they were so black so black so black until they didn't have to be. And then it was like a city. And then yes. Then it changes. So it's like, Yeah, we can't get comfortable just because we see us and then don't request anything else We have to keep keep putting in those requests. Keep creating. Keep Keep the content going, and now there's no excuse. There's so many outlets. There's thousands of TV stations. There's someone there's YouTube. There's all these different streaming things there so many avenues for us to create and tell our stories. There's even streaming sites that are black owned Africa based whatever that we could be. Putting our content counting up as long as we keep watching it and supporting it. They'll keep making more When we're not support them. They're like, Well, we're not making the money off of this. Why were we? What are we doing this for your listening to? It's been a minute from NPR today. Sam Sanders, in conversation with comedian Tiffany had ish No. We're talking about black movies. Black art, black productivity, But I will say. You talk a lot about Meryl Streep and how much you like her. Yeah, I'll do a movie together. What's it about? Okay, so I got a few actions. I got, like, six. Okay. You've thought about this. You thought about I don't want to give on. I don't want to give all the juice away. But we can do one where She's a coach of sorts. Okay, just your coach. And, um, I'm being coast fire. We could do that life Coach Sports coaching You name it. Never. Okay, I'll take her gun. It could be a doula. Okay? She could be my baby. Oh, wow. It could be some witchcraft that she teaching me how to you know he'll some of some crazy vortex that's being created in in in the universe. That's hurting people of color. She shows me how to fix the vortex and you know he'll to heal the nation. Shit now or Yeah, or she played my mama. Right? Okay, So this in my mind is what this is what it is. Okay, so So she marries my dad. Right? My dad. Um, is single dad raising me? She marries my bad turns out, though. She more. How should I say sassy? Uh huh. Then then you would think, right And so, like when you first met her. You think she's so like, Hello? Hello. And then you say something She'd be like What? Who is she talking like? I just want to female street. Go off, Okay. I just want to see Marriage Street. Here. Go. Let me tell you something. Okay, You messing with the wrong? I just want to see her going and I want to see her snatch the soul. You know, we throw the hand out and pull it back. When you're talking, somebody's gonna hand I put it back. That's soul snatching right there. That's like I'm pulling your card Fancy. We don't play this. I want to see so much of her soul snatching when she's in movies is like so restrained like I think of her in Devil Wears Prada, her soul snatcher. Just being like What you don't know is that that sweater is not just blue. It's not turquoise. It's not llopis. It's actually cerulean like that was a snatch. She's so subtle with it. But you're saying you want to see it uptown Elevator escalator. Maybe we do a short family. We just get just where I'm giving. I'm coaching her own Hooda tactics. I just want to see her fast see as hell because I think she could do it. She could do anything with Meryl Streep. Do anything. Have you met her before? Yes. Only once. Was she sweet. She was the best. She was the best. I ran up on her at the red carpet at the Oscars, and then I told her she gonna be my mama. One day and she was like, Okay. Was she knew who I was? Yes. I was like, I'm gonna be my mama. One day. I'm just letting you know right now, At some point in time, you're gonna be my mama or something. Some kind of way, shape or form. I don't know. And she was like, Okay. Okay, honey, And then I did my little part on the Oscars, and I said the things again is she gonna be Mama? Just for one day one day just one day today. Before all of this meeting celebrities, Governors ball. Meryl Streep business What was the worst job you had before comedy and acting took off. Sound sex operator. I did not know you did that, Huh? I read everything about you and didn't read that. It was only for 30 days. Okay. What was your persona? Your name is Patricia. I'm Hawaiian and black. I'm a student at USC. I'm also cheerleader. So, 30 days. What did 30 days of being a phone sex operator, teach you If anything men are discussed them. Oh, men are so nasty and a lot of them are so lonely. They just want somebody to talk to a lot of times. It's not even, um, sex talk going on. It's more just like my wife is there's my job is like they don't have anybody to talk to. Men don't talk. We're not trained to talk we're trying to do. We're not trying to talk. So when they calling in on this line, they just start pouring their hearts out. And it's like Wow. Manner. Your friends that some different It's so different. You know, we talk a little bit about like the work that you were doing before. Your career really took off in this way. But like It was more than just phone, sex operating like you. You were. You were broke, and I remember reading about you having sleep in your car, but you were like if I'm going to do it, it's going to be in Beverly Hills. So you were sleeping in your car in Beverly Hills. How long was that going on? Like, three months. Yeah. 15 minutes. Yeah, and then in three different times in like three months each time, so that was like I had to learn. I feel like that was like God teach me like learning to be humble in life not to have so much pride because I had a lot of pride and didn't want to ask for help. I had to learn how to ask for help. Yeah, well, And if this is correct, correct me if I'm wrong, Kevin Hart ended up hooking you up with some money to get out of your car. That's crazy. That's amazing. How much did he give you? 300 bucks. I ever saw stuff in my car and was like, what's going on with you. And I was like, trying to be real, You know, like, not really asking for help or anything, and he would not leave me alone about it. And I told him what was going on. And he gave me 300 bucks and say, Get yourself a hotel room for the week and figure out what you gonna do, like, make a list of goals..
KCRW
"double double" Discussed on KCRW
"I don't know why I'm speaking in double doubles. But anyway, um let's talk about crew. Ella First. This is the origin story for the 101 Dalmatians franchise villain Cruella de Ville, played by Emma Stone this time and here's a bit from the trailer. In the very beginning, I realized yourself the world differently than everyone else. That didn't sit well with some people. But I wasn't for everyone. I guess they were always scared that I'd be Psycho. Cue the psycho laughter. Christy tells us about this. What's the plot here? This is the crew relative Elorde in the story that you never knew you needed and perhaps still don't It is basically a two hour and 30 minute fashion show. The clothes are the star here, and they are amazing. Jenny Bevin is the costume designer A couple Academy awards under her belt, and the clothes are spectacular on both Emma Stone. Who is the young crew relative, ill and Emma Thompson as the long time creature designer that she aspires to be and then aspires to topple and it's like all about you. It's kind of like this upstart. Coming along and knocking off the long time established veteran and it's fun for a little while until you realize that it is just gonna be the same movie over and over again, and it becomes very one note and very repetitive. And while I enjoy the performances from both Emma Stone and Emma Thompson You realize pretty soon there's not a whole lot more to them than just that one kind of vibe. This from director Craig Gillespie, who did I, Tanya and this feels a lot like I Tanya meets fandom thread. It's a lot of the same kind of likes narrative structure and Scorsese borrowing in the camera work, and the needle drops so many needle drops. They spend so much money on incredibly on the nose, musical choices and even some songs, and this bothers me. I don't know how you guys feel about this when they're trying to evoke a certain period in time, very specifically. They will then choose songs that hadn't even come out yet. So this is like 19 7. It takes me right out right. So mid 1970. They're playing. Should I stay or should I go by the clash, which didn't come out till like 1981. Anyway, I'm nit picking, I realized, but this is just kind of over rotten kind of overblown and I don't really know who it's for. I think it's where I think my kids. I think it's for kids. You know anything about I do. I do think I think this movie is specifically designed to sell music and style from the 19 seventies to kids who don't understand its context yet and don't understand that the movie is getting it completely wrong. Like every single affectation in crew. Well, aside from again the performances of Emma Stone and Emma Thompson, who are good Every single affectation in this movie. Just take something that existed for reason. Something with a punk mindset something with the rebellious nature something that was actually an important artistic movement and then drains it of all its relevant context and then repackages it into something that they can sell the little kids. You can sell wigs. You can sell costumes, you could sell soundtracks. It's all just there to not only evoke Something infinitely cooler and more exciting, but also to kind of retroactively claim that these Disney characters invented it. And it's kind of empathetic Alito the whole point of the movie, Which is that Carella is this actually important artistic icon who had ideas? No, apparently all she was. Was this weird cosmic plagiarist to just Evoked other stuff that people did. Whether it's actual fashion designers and the sculptors from modern day whose designs are being like brought back into the seventies in order to suddenly make Carella seem cooler than the actual air awas or just again. Misused songs and when you realize is that the songs are so pervasive and so wall to wall that without being treated like a weird non stop progression of an iPod. I think I was halfway halfway through the movie, and I assumed we were wrapping it up. And then I looked at the time. And I'm like, what in the hell How are they gonna pass this? And it turns out very badly up next, a Portuguese slasher called Skull, the mask about a mythical South American demon. Who goes on a killing spree through modern Sao Paulo trailers and Portuguese bibs. You saw this one. Did you like it? I like this. It'll be quite a bit. Actually, This is a new supernatural slasher film about an ancient South American and skull. If it is brought into a room that people do a certain ritual around it. The skull sprouts legs, walks around like such itself on someone's head and turns them into an unstoppable serial killer who can on Lee. Perhaps Be foiled by either a secret code ball of Ah, breathe ists who have been trained in martial arts or a corrupt cop who is guilty of what the film colorfully refers to as Slaughter crimes who it's not a subtle movie. It's not what lots of Gore Gore intestines blood. There's a scene in which there's actually like a news. A news report on Repugnant imagery without warning the audience at all. This is just a weird, violent, alternate universe. And there is absolutely a market for that. This is not designed for the mainstream that should not be criticized as a film for the mainstream and to be looked at as a film for initial Bloody and extreme with a sense of humor. It's not like wacky, but it's definitely tongue in cheek and definitely knows how weird it is. Okay, that is skull. The mask. Up. Next. We have a quiet place. Part two. That's right. A sequel. It is an anxiety packed thriller about noise seeking monsters, stars John Krasinski and Emily Blunt, and here's a bit from the trailer. And why you came all the way up here..
WHAS 840 AM
"double double" Discussed on WHAS 840 AM
"Has three assists and Ryan's shooting seven of 14 50% the rest of her team, Major, just 14 of 41 for 34%. Kentucky has been Dismal shooting layups Today. Six of 15 Missouri's 13 of 19 and the Tigers have outscored the Wildcats 12 to 5 at the free throw line. And they have the 13 layups. That's how they have the lead because Kentucky's outscored them in points off Turn over 17 to 6. Kentucky's bench as a 17 to 6 advantage over Missouri's Here's Williams at the line to make this a two point Tiger League 3 56 to go in the game. Missouri's been oh so close to other winds. They lost to a and M by two. Real issue. Rather, they lost by two. They lost A and M by four. Williams hits the free throw. It's 50 to 50, Missouri. Kentucky must make a shot. Massengill right side, the Paterson. They have Edwards, McKinney and Howard on the floor. Patterson comes to McKinney free throw line left side Massengill 12 to shoot massacre looking for Howard. There she is in the lane Turnaround. Floater, short rebound loose on the floor picked up by black whale That is Blackwells 18th rebound of the game. She's got a double double Missouri with a chance to pad the advantage. Now, here's Blackwell Down the lane found by Howard two free throws coming up. Howard is barking at her teammates who have had really no help for Ryan. Today. Kentucky just has lacked focus. Nobody was guarding Blackwell and Howard had to.
Radio Free Cybertron - All of our Transformers podcasts!
"double double" Discussed on Radio Free Cybertron - All of our Transformers podcasts!
"The the double double driver itself just using as a base was anywhere from about two forty nine with fifty sixty shipping out of japan. So i got him. I got both bills a lot. Cheaper than i've seen him ever so big Again i know people issues with game stop but when they run a sale and when it's in stock he usually get a pretty good deal so i'm real happy to have gotten those but now you need one of these the jurors. The t t joker. Yeah.
Open Floor: SI's NBA Show
"double double" Discussed on Open Floor: SI's NBA Show
"That still hung up on his lack of accountability because it threw away their entire season. And i wonder like there's been discussion about trade interests there with call ins and he turned down reportedly A ninety million dollar extension before the season he obviously views himself. As you know more like a max level player. Does this really feel like a long-term home for him. If i'm fine him. I'm looking around and saying well. They just paid galadari all this money. We've got all these other offensive weapons. They bring capella. They draft a center so a lot of cheers kind of moving around the john collins chair you know it almost seems like they're kind of preparing themselves for maybe him not being there long term and if that's the case it kind of feels out a turn for him to come and be the one raising these issues so early in the season that did off get off to a really promising start. You what i mean. It's like not that. Atlanta can win without john collins. No problem but he's exactly essential force of what they're trying to do. I mean maybe he was viewing himself in that light a few years ago when he was one of the first people from this current group to to live on that roster but i think times have changed a little bit. Obviously trays established himself as a different type of player than john. Collins has almost wonder. Is this a case where john collins needs to know is role. Michael i like john. Collins is game. I wanna push back a little bit on your statement that maybe. He's not a central part of their plan going forward because i don't think if you're a front office you make a ninety million dollar offer unless you feel a really positively about a player and so it's more on the players side for acting that offer and i'm thinking that you know betting on himself in thinking that is worth more and you know the the gallo thing is Obviously they they play the same position and you know playing them both at the same time your defense is probably not going to be up to snuff but That deal is not you know for the next seven seasons and gallows an old guy. So i'm just saying. I was calling. I'd be paranoid. They bring in two centers since last march right so if i was trying to play any minutes at center that got weird you know and you're gonna assume that if they're drafting a guy with the the sixth pick in the draft he's going to be a long term investment there and then they spend basically you know not the biggest money that they put out there this summer but some of the biggest money they put out there at a guy at your exact same position who is more established than you and you know. It's that's pretty awkward. You know it's it's it's not great. I'm sure he probably wanted them to invest at different positions. A lotta sense just for someone. Who's averaging you know Fewer minutes this season than he did despite all those injuries. But like i. I don't know i just think like Authencity he's just a really good fit with trae. And i wish they could get it together and get on the same page because he's a pogo stick. He's walking double-double. He's one of the better runners that trey could possibly be matched up with..
WTMJ 620
"double double" Discussed on WTMJ 620
"No yacht is no problem for the boxes. They come away with a win 100 to 90 against the Cleveland Cavaliers, Yana sits out the game with back spasms. This is after a scary fall that he suffered in Friday's lost to Utah. A number of players stepping up, including Chris Middleton, Middleton Corner three. No, you passed on it. Middleton, Thanassis back to Middleton. Now the corner three is up. It is good. It rattles in one of 33 pointers that Middleton hits He scores a 27 points on 10 of 16 shooting. Bobby Portis. Double double 17 points. 11 rebounds. It drew holiday really fills up the box score. 15.6 rebounds, four cyst and four steals with the Wind. The Bucks go to a six and four back, added on Monday when they take on the Orlando Magic College basketball. Marquette and Wisconsin getting a few days off for Marquette. They're back at Tuesday against Providence, Wisconsin, also playing on Tuesday when they take on number 10 Michigan Milwaukee, completing a weekend a serious sweep of I u P y winning 71 to 63 Green Bay sweeps Oakland winning 87 78. NFL football. We are a little bit closer to knowing who the Packers are going to play next weekend. It's pretty simple. Now. The Packers will host either the Rams or the Bears next weekend in FC Action on Friday of the three games that were played the Buccaneers knockoff Washington Shotgun.