35 Burst results for "Fiat"
Berlin Model Y Timeline, TSLA Stock, Consumer Reports Autopilot Ranking
"Everybody robbing our here and today we're going to start off talking about about Tesla stock obviously a tough day for the markets. Today, we have some news on Mata. Why from gigabytes win an update from consumer reports on self driving technology and some news on the Fiat Chrysler Tesla credit situation. So Tesla's stock today was down four point four percent to four hundred and six dollars two cents compared to the Nasdaq down three point seven percent. So I think most of that move tesla was macro driven the S. and P. Five hundred and the Dow Jones Index had their worst days since. June I don't think volatility should be expected. Of course, we're heading into the US federal election next that's on Tuesday and a lot of places. Today are attributing the down market to a continued rise in covid nineteen cases, and in some locations that is causing restrictions that had previously been relaxed to be put back in place. So for example, I'm pretty close to Chicago. We heard today or yesterday that they are closing down indoor dining, and as we head into winter, obviously outdoor dining can be a little bit less appealing. So that can have even bigger economic impact than it would have during. The summer months for example and places like Colorado there at restrictions, doing things like closing down gyms. So we're seeing this all happen at the same time as the election approaches we haven't heard much on another round of stimulus or other. We have heard a lot about it, but we're not seeing any action there yet, and all that seems to be weighing on the stock. But at least at this point in time I don't see a whole lot of fundamental impact for Tesla. I'd be really surprised if had to end up shutting factory again I think eons comments and actions last time. That happened would make it difficult move politically to do that, but it's also not outside the realm of Boston. So we'll keep an eye on things as they develop. All right next up here we've got a story from Tusla Roddy, and before we even get into this unrest GonNa, add a huge preface that this report is just based on one person's interaction with one tesla employees. So a Lotta Times, information like this can just be completely inaccurate, but we're also here just trying find any little tidbit of information that we can. So I do think we're talking about. So test the ratty got. A message from a reservation holder for a model. Y. In the Netherlands and this person told Tesla Rati quote this morning. I got a call from Tesla in the Netherlands with some questions on my order. In that conversation, the Tesla employee told me that they expected deliver my Berlin build model y in q one or q two of twenty, twenty one they had just received an internal update on the billing process and Berlin and quote. So if we again go back to you this nice little timeline that was put together by Toby lend on twitter, we can see that four. Giga Shanghai. It took about five months ago from the first walls being constructed to the first body and and then a little bit over three months after that for first deliveries if Berlin can stay on the same schedule which so far it's actually been a little bit ahead of schedule from what the timeline was for. Shanghai could be looking at the first body and white sometime in January, and then maybe first deliveries sometime around April or may even March, and again that's based on Shanghai and there does seem to right now at least be a possibility of Berlin dragging even faster the other recent information. We got here was from the earnings call when dramatically no. When asked about the use of the pilot for forty six eighty cells and Fremont said quote we can use our pilot production facility in Fremont to support the new factory and Berlin as it ramps and quote. So within twelve months Tesla. Hopes to get that pilot lion to ten gigawatt hours of annual battery production that's a hundred and thirty three, thousand, seventy, five, kilowatt hour packs, and while it's not going to media, we hit that rate it shouldn't be too long from now where the output is you know maybe thousand or two. Thousand packs per month that would seem to hopefully track nicely along with the model why ramp up in Berlin. So again, on book this, saying take this with a grain of salt but to me, this does seem like a pretty plausible timeline q one or to, and this is obviously going to be even more interesting than normal vehicle ramp up would be because of the new technology tesla will be using in the Monowai. From Berlin I think we're all incredibly curious to see what the specs on that vehicle are give thing just while we're on the topic of motto that I want to. Motto I production is just about to explode. Next year I mean think about Tesla said in the ten Q, they're trying to ramp model white production not only in Shanghai not only Berlin but also in Texas in addition to having production of the why in Fremont came out on production on model y over the next two years is going to be incredible and prices are gonNA, come way down on that vehicle as production volume and look Liz ation increase. All right. Let's move onto the next topic here. This is from consumer reports. This got a lot of media attention. Today we're not gonNA spend on the time on it, but consumer reports today came out with their rankings for driver assistance systems, testing such systems from seventeen different automakers, and they actually have Cadillac supercrew coming out on top with a score of sixty nine and Tesla autopilot coming in second with a score of fifty seven. So of course, a lot of attention on this. But as I emphasized in the beginning, this is consumer reports testing for driver assistance systems.
More companies pledge to give workers time to vote
"Are involved in this next organization. You know their names were talking about all birds. Amazon Lulu Lemon lift Major League baseball uber target. The list is kind of endless and they've got a common interest. It's about strengthening our democracy. And encouraging participation. Now there's 545 of these companies in total. They basically just want to encourage civic participation. Okay, get out involved. So we're going to talk to the executive director of the Civic Alliance. He's Stephen Levine. He's on the phone with us from Los Angeles is also the co founder of Meteorites, Social Impact investors. Steven. It's great to have you. I imagine you guys have been quite busy over the last few months. We definitely have Kaylie and thank you for having me on this evening. I appreciate it. A CZ you mentioned the Civic Alliance is a nonpartisan business coalition that is strengthening our democracy by supporting face healthy and accessible elections. And by really inspiring every American to participate in our democracy. And I'm really proud of the work that we've seen so many extraordinary cos. Lead this here many for the first time encouraging both their employees and their consumers. Tio specifically active and get out and vote. Can you give us some specifics on what you've done? What kind of what kind of efforts Absolutely. So we've helped many companies, many major employers think about what policies they could have to make sure that all of their employees not only feel supported but also encouraged to vote. We're very proud to share that companies like best buy and Tax office are actually closing their retail locations. Either early or opening them late on election day to make sure that all of their employees have time off to vote. Other companies are closing completely for the day like Fiat, Chrysler on Patagonia, which are literally shutting down all of their operations on election day to make sure that their employees have the time they need to vote. We're also helping companies think about how they can message and provide all of their employees and consumers with the latest information about the different ways that Americans can vote in this election cycle. 20 is definitely a unique election cycle because you can say that again. The challenges represents so so we're really we're really excited that that many companies are are helping to fill in the gaps and educate Americans about about how they can vote early this year. Interesting fact. 99% of Americans can cast their ballot before Election Day in 2020, and we're thrilled that more than 75 million Americans already have. It's pretty just 30 million more than 60 students. It's no forgive me. I'm interrupting you. It's staggering, though. When you kind of get your head around those numbers. It's also staggering that you know, we talked about a story last week. About a Silicon Valley tech CEO that emailed all 10 million of his customers urging a vote for Joe Biden specifically like it used to be go back a few years. It was a no no for CEO or an executive to get out there and talk politically. What's different. We have about a minute and they will come back and continue. Okay, Great. Well, what I would say. First of all, I want to reiterate that specific alliances a nonpartisan all right, No, I understand Organization, but I think it's pretty exciting is that I think companies have started to realize that that civic engagement, nonpartisan civic engagement actually isn't partisan or political. It's patriotic and its civic And I think what we've seen is that because employees are really pushing companies take stands on important social issues. Companies are in turn, turning back to their employees and their consumers and saying, You know what? We will take a stand and we're taking a stand to encourage you to vote and really helped shape our country's future in our communities future and so I think. Encouraging voting and civic engagement eyes really the both politically safest and a really powerful move that many, many companies they're coming? Yeah, I would say employees. Consumers also, you know,
City of Miami announces road closures ahead of President Trump’s arrival on Thursday
"Up Miami commuters, You could have some major traffic issues. This afternoon's vice president Mike Pence, and President Trump arrived for campaign events. There will be rolling road closures for pants who's appearing at Memorial Kumano, followed by Obama Educational Center in the next few hours. Entire MacArthur Causeway said to be shut down completely between 7 P.m. and 11 P.m. as president. Trump appears at the Perez Art Museum, the alternate arteries such a 79th Street causeway. Julia Taro or the Venetian to go in and out of Miami Beach without any traffic. Miami police officer Kenya Fiat says Biscayne Boulevard will also be shut down between 7 39 30 Tonight between North East 8th and and 13 13 streets streets about about
WNBA Finals: How Did We Get Here
"China it's great to have you back on ESPN daily. Thanks for having me. Pablo good to be here with you. It's been a while but I kind of want to ask you about what time has been like for you. Since we last talked because this WNBA season, it was a truncated twenty, two games a sprint that started in late. July. So does it feel like the finals or here already like so soon or is it kind of leg? The finals are here at last after forever it's finally happening. It kind of feels like the finals are here at last because you gotta think the conversation around whether or not. There was even going to be a WNBA season started in like March, right? When sports was shut down. So we thought we were going to have a thirty four or thirty, six game season. There was supposed to commissioners, but it didn't seem like at one point there was going to be a season at all. So you have to tip your hat to the wnba Players Association and the WNBA Commissioner Cathy. Engelbert because they were able to create this bubble in braided in Florida Zero Positive Corona virus tests at a lot of fun basketball. So but here we are finally in the finals. Yes, and we are at the top of the mountain and so for those who aren't in the know China, how did these two teams get here? Very different path. So Fiat came into the season. I would say the favourite amongst boasts because they were getting sue bird back into their lineup. They were bringing back a steward both players Miss Todd, last season of due to injury, and this was the Seattle storm team that despite not having those two players not only did they make the playoffs last season but they actually one game of the playoffs. Also keeping in mind that there were Wnba opt-outs I believe that four of the top five vote-getters from last year for MVP did not play this season just a little bit different looking landscape than we may have expected coming into twenty twenty wnba states or a pandemic wnba season. Should I say? Las Vegas Aces were interesting case they were picked to finish fourth preseason. Now, Bill Beer has a ton of talent on his team I mean a number of number one picks lottery picks. He added Angel Cartridge this season, which is a huge acquisition after she of last year. So you know we knew that Vegas would be good I. Don't think we knew that they were going to be finals good but the play of the MVP. Asia Wilson has been incredible this year and you just have to tip your hat to what Vegas has done. Yes. So Asia Wilson is who I wanted to follow up with you about because she won the MVP. This season Brianna Stewart finished second in two thousand eighteen stewart was the MVP and Wilson was the number one overall pick in the rookie of the year. So we have this collision of stars, Legit Stars, and what do you expect to see out of the battle between them? I four both I just think it's fantastic for us to get a sneak peek into what the future of the WNBA is going to be over the next ten years. Asia Wilson Umbrian to Stewart are the future of the WNBA and Brianna Stewart obviously has already wanted wnba championship. She's been in MVP and you see Asia Wilson really coming into her own as as a player in this league but when you look at the Style of these players Brian Stewart six four can shoot the three incredibly versatile likes to play in space moves well, without the ball Asia will on the other hand she's going to play fifteen feed in likes to bang very physical. A ton of an one plays and I think that's what made as Wilson's performance this year. So oppressive is that you know that she wants to score fifteen feet in, but you cannot stop her. So you mentioned before that Radha to Stewart Sue bird injured in two thousand, nineteen year before that Seattle had one at all and it feels like they're stronger for their path year. So the bench on this team clearly has to be super important. How deep is it? Oh, they're incredibly deep I believe sue bird said at one point that they had an entire starting lineup coming off of the Bitch 'cause they could essentially start their second five at any given game. Now, keeping in mind that Seattle is going to be without Sammy Wickham in the finals and I think that's a huge loss for them because she's a big spark plug is a streaky but can be a great three point shooter but you know when you look at the development of that supporting cast that we talked about earlier without Subarea Stewart has was the Defensive Player of the year. Jordan Canada led the League in steals. Last season Jewell Loyd has been fantastic in even in these playoffs shooting sixty percents from the field in her three playoff games including two twenty point performances issues a former number one pick. So the cover does not bear at all for for Seattle in not to mention a leash Clark who is one of the great defenders in a wnba right now, they've got a lot of depth in their inner lined up in their rotation on the roster.
U.S. Auto Sales Show Signs of Recovery in Third Quarter
"And the automotive industry appears to be bouncing back faster than expected strong demand for trucks and SUV's combined with easier credit is strengthening the recovery. General Motors reported a ten percent drop in US sales in the third quarter far less than the thirty four percent decline in the previous quarter rebel Fiat. Chrysler posted similar results with sales falling ten percent to after a thirty nine percent decline in the second quarter Ford releases its sales figures
Celo: Towards Prosperity for Everyone with Marek Olszewski & Rene Reinsberg:
"You guys. I was reading through the website a little bit before and read somewhere that sells philosophy is based on Charles Eisenstein Sacred Economics cures like we say guy, what's sacred economics? Shots philosopher been very influential on work. We've been doing you know I. Think we can chat about some of the concepts that he introduced that. We think this technology brought to life at a at a big scale. I think one thing maybe for people who are new to settle into the community maybe let me just kind of lay out of the community tenants that we kind of set for the work that everyone is doing and that. kind of in a way make sure people have a sense for what Selah stands for independent new regardless of where the building and what kind of application they building, how looking to kind of use the platform those attendance are designing for all big one loss. You know you brought up finish choosing but think it's less about just puny focusing on tradition inclusion but it's designing a system that is truly accessible to everyone and I think by focusing on communities that are more excluded today, you actually have a shot at having ultimately something that that is accessible to everyone can work for everyone set the first one. The second one is innovating on money, which is kind of. Vein of Prima money and I think this is where you see some of the. Ideas that shots introduced in among other things. Book Cigarette Mixing Charles has been an advisor Selah which has been awesome but I think when you look at the history of money, you see it hasn't really changed the sixteen hundreds, and now we have this opportunity to really kind of actually change what money is that what it can the benefit can bring to communities in. So with that looking at really revisiting the future of money, and of course, we're starting in a much more pragmatic place, stable coins, digital that represent Fiat currencies but you know in the future we see currencies take different shape and you know concepts like natural currencies are things that are really interesting to us. Related to that striving for beauty attendant that is important. You know when you create isn't GonNa make the world in maybe a little bit cheesy. But more beautiful places that actually bringing things that will bring joy in value to communities and just someone who's debating whether they want to be part of community think seeing that and thinking about the things that they. Want to build gifts for more information at the last one. This is maybe one that does feel even more important in today's kind of times. This is about humidity embodying your mentality that has helped us. You know I think we if you talk to us get you know this already I mean we don't pretend we know all the answers have all the answers. Certainly like the undertaking of the mission, for Sallow, to have a better financial system that allows prosperity for everyone, it's not something that smoke with people can just build and roll out and like grow, but it is a team after it's an effort of a growing community, a lot of people being involved over the world to shape that drive that and so the best way to kind of go about it by asking questions by showing vulnerability humility, those are the the broader tenets for several. In addition to those tenants. Have a separate vision statement for the future. Some specific target you're looking to achieve or is it more that you owner achieve something that brings about financial inclusion and like mobile in the world and? So, tell, US, mission at its core is to build a financial system that creates the conditions for prosperity for everyone, and the way that we're doing that is by building a permission lists platform that makes financial tools accessible to anybody with a mobile phone, and maybe those also taking a step back for those who are. What hello can concretely it's a preface state platform that is fully compatible. I would say that there are three key innovations that help us and if achieve this mission, each of which were really specifically chosen to make fellow more usable to someone using it via mobile phone. Has. A CLIENT PLUTO, which leads mobile devices think chain can endure instantly. The current version that we've launched requires certain about seventeen thousand times, less data to sink than a traditional espe- based like client and these soon to launch SNARK based version of this will be one point seven, million times more efficient, and this allows anybody on a mobile phone. To sink in a fully peer manner with the chain in a police censorship assistant manner. There's no need for something like in fuhrer to be able to connect with the chain from your mobile device. Secondly, fellow has a stable coin that's native to the platform called fellow dollars or C. USD Algorithm Mick and Crypto collateralized. been currently, there's about just over six million, US the circulation, the network launched and the number been growing steadily since launch. This is collateralized with around two hundred, twenty million dollars worth of trip to assets which include fellow the native acid on the platform bitcoin and if and then critically even the USDA is implemented. As a token on the platform, you can actually pay for transaction fees with Tokens on the platform. So you can actually pay transaction fees with the US. And then finally stellar has an on chain PKI which maps. Phone numbers or Hashes phone numbers to public keys in Wallet addresses so that people can find each other really easily by phone number, and so this allows people to send payments to anyone in their contact with even if the recipient hasn't even. Create an account on this network, and so these three things can have taken in unison really allow us to build a really great mobile kind of experiences that are
Nearly 190K Ram pickups recalled for poorly installed floor mats
"An issue with formats, prompting a recall at Fiat Chrysler. These pickups have four maps that could interfere with a gas pedal. It evolves about 186,020 19 and 20 Ram 15 hundreds, no accidents or injuries reported There was one case when an accelerator pedal became stuck. But the vehicles involved all have override. So if you touch the brake It shuts off the acceleration dealers are able to modify the floor mats until Fiat Chrysler can build ones with a new design. Jeff Gilbert w W. J. Freddy, go 1950.
Nearly 190K Ram pickups recalled for poorly installed floor mats
"It's an issue with floor matting. That's not prompting a really big recall. At Fiat Chrysler, these pickups have formats that could interfere with a gas pedal. It involves about 186,020 19 and 20 Ram 15 hundreds, no accidents or injuries reported There was one case when an accelerator pedal became stuck. The The vehicle's vehicle's involved. involved. All All have have override. override. So So if if you you touch touch the the brake, brake, it it shuts shuts off off the the acceleration acceleration dealers dealers are are able able to to modify modify the the floor floor mats mats until until Fiat Fiat Chrysler Chrysler can can build build ones with a new design. Jeff
The Surprising Connection Between the VW Golf and the DeLorean
"There's a very solid chance that Georgia Jaro is the greatest car designer of all time. His genius was in his ability to combine amazing artistic creativity with practical engineering know how his designs are futuristic even fifty years later. But when he drew them, they weren't just concepts. They were practical blueprints. WHO's measurements were strictly proportioned to be something. A driver could actually use that combination of artistic innovation and practicality made Jaro one of the. Most bankable designers of the seventies and eighties all told his decades long career. He designed over two hundred cars totaling over sixty million in sales sixty million units. You've almost definitely ridden or driven a car that Gerardo originally designed I always confused by that sixty million because I was like that could be just the mark one Gulf in one year. That's like, yeah, that's the mark one golf if they sold them for sixty dollars. Yeah like not even they sold them for like three like. Yeah, yes. Sixty million units. That's nuts. That's like conservatively. A. Like a Billion Dollars Oh like billions I'd probably say more than that. Yeah. Long Story Short to jar continues to have a massive influence on automotive design but who influenced to Jaro? Born in one, thousand, nine, hundred, thirty, eight he couldn't come from a long line of car designers because cars hadn't been around for that long. Instead his father grandfather and great-grandfather were all artists who specialized in painting elaborate murals and frescos in the churches and palaces of Italy. Naturally Young Georgetta himself wanted to follow the family tradition and be a painter himself. However, real life intervened in the depressed post World War Two economy of Italy Mario Jer. Father recognized his son's artistic talent but wanted to make sure Jetta learned practical applications for his skills. Italy was no longer a country of churches and palaces that needed painting after centuries of tradition it was now being pushed into modernity by global forces of change. So as a teenager Ger, jetta was sent sixty miles north from Garesh CEO father's town to the city of Turin to study technical drawing and costume design. Strange Mix. Drafting table on one side of the room. One of those cool. Sewing Mannequins on the other yet no head no arms no legs just that torso the bus. All of his costumes look like little cars. For centuries, terrain has been a major cultural hub of Italy with centuries of painters opera, an architecture that tradition of creativity was alive and well in the nineteen fifties when Georgetta arrived to the city. It must have been an incredibly inspiring place for a brilliant teenage artist to be sent to study. Terrain also happened to be the home of the country's automotive industry which had thrived in the early twentieth century but had been knocked on its by World War Two with scoreboard alert Italy Kinda lost most importantly though Fiat was based in Teheran Fiat was the General Motors of. And as time went on, it acquired. So many of its competitors that a couple of decades later Fiat was practically the Italian auto industry. Have you guys ever seen the test track? They have on top of the Fiat factory yet so cool it's so cool. So much of success is simply being in the right place at the right time and for a young designer to Rin of the nineteen fifties was exactly that time and place by then the Italian economy was picking up and car manufacturing was a vital ingredient to the recovery. Meanwhile, Jaro was studying at art school during the day and studying technical design at night among the things he was drawing were cars and one fateful day jar sketches crossed the desk of Dante Giacosa Fiat's technical director. GIACOSA was the designer of the Fiat Five, hundred, a compact city car that would sell nearly four million units and cement Fiat's postwar dominance. He was impressed enough to bring Jaro, who had no work experience to that point on board as a junior designer at the age of seventeen. That's a gamble I mean that's. Amazing. What kind of drawings were you guys doing at seventeen? I actually had this cool skull that I was really cultivating through high school I was doing skull. I would draw zero. Skull. And the Greg Logo. Nice that's all you need. So we would probably work at We'd probably be doing designs for Spencer's sounds like. A. Jarrah started at Fiat during a golden age of the Italian auto and a big reason for the industry success was the increasing collaboration between the engineers and designers.
Judge refuses to reconsider GM lawsuit against Fiat Chrysler
"It will keep pressing forward even as a judge today refused to reinstate its racketeering lawsuit against Fiat. Chrysler, saying We will not accept corruption. GM planning to take their case to the sixth Circuit Court of Appeals Judge Paul Borman, saying GM didn't provide evidence that would have changed the original ruling that they weren't materially harm by Fiat Chrysler. Foreman, also agreeing with Fiat Chrysler that the new evidence of offshore bank accounts wasn't proof of corruption via Chrysler, saying today's decision confirms their contention that the suit is nothing more than a baseless attempts to smear a competitors. Jeff Gilbert.
Judge refuses to reconsider GM lawsuit against Fiat Chrysler
"Co. General Motors is still trying to revive its racketeering lawsuit against smaller rival Fiat Chrysler automobiles. But a federal judge in Detroit today rejected GM is bid to reinstate that case. GM had claimed had new information on foreign accounts You center alleged bribery scheme involving F C, A and leaders of the United Auto Workers. But Judge Paul Borden said the new evidence is too speculative to warrant re opening the case. GM quickly vowed to
Paypal, Banks and Real Life Infrastructure Inversion
"When the hit reactions were dramatic CEO of Wyoming based Avantis Bank and passed on the showcase on long tweeted game on USOC sees announcement that it's following Wyoming allowing national banks to custody digital assets is great news for Crypto long-overdue, and hopefully we'll help the US regain ground. It lost to other developed world countries by dilly dallying for so long winters, equal customers and crypto venture capitalists. This will spur emanate boom as us. Banks acquired digital asset custodians, and that was only the first two of her twenty four tweet storm on the topic link in the show notes for those who missed it. In other parts legal mind mark, Coyne hoarder, and passed on the show Preston Burn tweeted I've never been more bullish on crypto today crypto lending, and saving maybe how the payment of interest becomes thing. Again, thanks are desperate for yield the faster they move the more market share there will obtain lawyers and bankers are definitely excited. But why does this matter and what is it mean? Jonathan let's start with you today. Well looking at it from my perspective of someone who's tried to do startups in the for some time, the largest filter that is a had versus half not versus based on the technical or Business Acumen. Or Merit of your company is to do with getting a bank account and keeping a bank account and being able to even have customers in every state I mean the whole point about the bit license was the fact that banks were refusing to service customers of people running crypto startups. So what this does if? The executions being the statement says it is is it means that we're going to enter an age where crypto startup can actually have a bank account in America and actually be serviced and not just be a crock in or a Gemini or Aucoin base, but actually be three people you know asking for bank services. So you know the government tends to break your legs and then ask you to thank it when it gives you a crunch and it's really glad to see that at least now, they're giving entrepreneurs a crutch. Because like spin broken for a very long time hang on. I'm a bit confused here because this regulation is about freeing up the ability of banks to directly custody Crypto, and at least what you're saying seems to be more about whether banks are allowed to extend. Fiat. King Services to crypto companies why do you think the two are related one of the purposes? As to why money transmitter licences became such a big deal for crypto services is that the act of transmitting your token your value instrument is itself currency or is considered a value transfer, and so banks would onboard in dollar terms the ability for people to get crypto. But if you actually wanted to engage in crypto related services with Crypto you yourself had to. Take. That on, get a custodial and become a money services business because there weren't any financial service providers that would do that for you, and so there are a lot of projects that I know of that have lodged. That are in existence that can't even deliver the tokens to their system to people because they're waiting for money transmitter licences because the act of. Giving it to their customers would be considered money transmission, and so I think that we become so blinded to think that banking means crypto banking for crypto means the dirty Fiat side of it and not the awesome crypto side of it and a lot of the crypto related activities now can be done natively by a bank, which means that as a small startup. Become a bank. I don't have to become a crack in order to be able to do trivial thing I wanted to do with bitcoin or a colored coins. So I, just want echo that on the one side our experience on the show with trying to have a bank account. Well, we've actually been d platform because the word bitcoin is in the name right and that was for a while fairly controversial, and then on the other side of things, the work that I did with token Lee we often found ourselves without the ability to have a credit card processor because even the. Idea of touching tokens that were non speculative in nature that did not have prices that could appreciate. Well, that was still something that was on the other side of we know what we're talking about right and so you had banks that were just wildly uncomfortable with this and even the high risk tolerant ones you know the ones that specialize in dealing with really kinda sketchy applications, even those oftentimes wouldn't deal with noncontroversial uses of. Tokens and sort of anyway. So just the clarity that. So long as a company is following, the law banks can interact with them that I think is a pretty major statement and a major change from the way the banks have at least behave to this point. We'll see if they actually do anything differently with it but I think again, we're going to talk a little bit later about kind of the pay pal announcement and Sort of this shift that we've gone through where Crypto was on the one hand kind of in the very early days, people would adopted or companies would adopt it and get kind of an earned press boost, and then that went away for a while as things got boring. Now we're kind of on the entire other side of that curve, but we're going to have that conversation for just a little
After The Mississippi Raids
"When It's a Monday in February of twenty twenty. Which means it's a couple of weeks before the coronavirus outbreak is going to bring the nation to a halt. But right now, we are deep inside the state of Mississippi near the town of Carthage and we've come here to meet a group of Watermelon immigrants who have just finished up an English class Sulak here righty don't they win cash. Not, what I Wreck attack Karl and linguists call. By the time we got their class had just been dismissed but people were mingling outside surrounded by plane single storey buildings. We approach to women and I can hear that they're speaking mum Oakton skomer when. On those. It's a centuries old Mayan language. and. So it's pretty surreal to be hearing it right here in the heart of Mississippi. Oh. Three. D.. Understand it all one of the women for the guy has her daughter with her for that. He is not her real name by the way she has a case pending with immigration. Her daughter has a long black ponytail and she's curious but also a little shy and I'm immediately impressed by her talent. She's trilingual. You wait a second year you're like a queen here. So how old are you to the twelve? Yeah. So you speak and speak. English you speak English, you speak Spanish and man and mom. FIDGETY and her daughter came to Mississippi from what the mullahs they're undocumented and they're not the only ones over the past twenty years. The undocumented immigrant population in the state of Mississippi has doubled. So what do you think about Mississippi? You'd like it here. Yes, you do. Because I lacked in school. Your mom does she work in the chicken? No Chill Howard. Has something faith. Ono. Can you show me in? Oh my goodness. My goodness. So she's wearing an ankle shackle. This is the kind of ankle shackle that immigration authorities us to keep track of immigrants once they're released from detention, and while they wait for their court date, it is a plastic ankle shackle and it is. Resting on her foot right now, and it's leaving a permanent bruise indentation. It's Black Infinity Gus case her troubles started when she went to one of the areas chicken processing plants looking for a job. Just as thousands of undocumented workers have done in the last decade, there are a number of major plants around here in small towns such as Morton Forest Carthage, and Canton, which are not too far from the capital of Mississippi. Jackson he'll Fiat Stilo. In Seattle, they are. Your. Stomach, I-I Gumbel throw. Is the whole hold on a second? Are you telling me that you saw your mom went to look for work? At. The chicken? Plant. and. She just happened to be there on the day. When the Raid Happen Is that what happened? August seventh twenty nineteen the day of the largest single state immigration raid in US history. Ice Agents on foot and helicopters descended onto several poultry plants in small towns throughout the region. The arrested hundreds of undocumented workers for the Cup happened to be there on that day looking for work but she was arrested to see if we is the Style. Why? those day. You didn't even work there was did not need neither our how. No fifty gut was released by immigration authorities like many others on the day of the raid. because. She told them she's a single mother several months later though she got into a car accident. And that accident landed her in the hands of immigration authorities again. She believes the local police may have been targeting her because they knew that she had been released on the day of the raids on the. Committee who Senora about the net. Panella For Casino. Lago immigration agents told her that in order to be released and be reunited with her daughter. She'd have to wear an ankle shackle see. Okay. You'll get NYDIA utterly circle me. Okay. Alone only just our Camille. SIP on three stairways CEO. Bob. Nothing. The muscle at the moment is. that. He goes daughter fears that one day her mother could be deported and Teen Day immigrants. She will backing in were model and what about you? Angry alone. You're going to stay here alone. Is that what you want? You want to go back to what the? On Wednesday here with my mom.
GM Tries to Revive Legal Battle With Fiat Chrysler
"Again with its racketeering lawsuit against Fiat Chrysler. There's double jump. J Oughta be reporter Jeff Gilbert. GM says new evidence has come to light showing that it Wass harmed by Fiat Chrysler Now the suit was originally dismissed with Judge Paul Borman saying If anybody was harmed, it was Fiat. Chrysler workers. GM says in the past 10 days it's learned of foreign bank accounts used by former Fiat Chrysler CEO Sergio Marconi. We'll bribe individuals within the U A. W and G M AM saying this proves FC A used the W to put pressure on them to force a merger via Chrysler is cold GM suit without merit. Jeff Gilbert
Charlie Kirk: Coronavirus stimulus
"And you have Schumer Pelosi. In Biden one hundred twenty five years, Charlie Kirk of failure, unmitigated failure, swap failure and I. Think of my kids. You met my son. He's twenty one years old. My daughter's eighteen and I would think about your America their America and when I say you know, live free or die, American, the world on the brink I'm not joking. And very specifically will be probably the biggest choice election by far in my lifetime, and maybe since eighteen sixty, and there's a lot at stake We can go through the issues if you want, but it's. It's there's there's not one issue we agree on that. I can think of for the most part yet, and you wrote this, and it just really sent chills down my spine. You wrote this book to sound an alarm as a warning. Warning to my fellow patriots about the left's undying commitment turn America into a land, our parents, founders and framers wouldn't recognize it. It's perfectly put, and that's the direction that they're headed on page twenty seven. You have a great part about how Ben Franklin says we ever republic. If you can keep it, can you talk more about how this truly is? A referendum election in some sense and the left is trying to do to our country. Well the the story about Franklin's interesting, because it's, it's the constitutional convention and somebody says he comes out one days, says, is it a monarchy republic republic? If you can keep it Reagan, I quote him off. When I give speeches, said Freedom Charlie and you know this is but one generation away from extinction. And you know when if you want understand if socialism is adopted if their stated goal is adopted America as we know, it then becomes unrecognizable look, I can understand psychologically. There's a component of maybe people that that have been indoctrinated in schools, and you're great at this because you're going in to hostile environments every day, and you're saying you know what there's another way of thinking here, so maybe the idea that people think Charlie that some things are oh, everything's going to be free and they're gonNA forgive my loans at I'll have a guaranteed government job guaranteed government food. How did obamacare workout now? We're GONNA have Medicare for all or or double down on the stupidity of Obamacare and guaranteed retirement. Guaranteed vacation sounds great. But simple math shows you that you'll never get there. And that's why in the Fourth Chapter of the book did this whole history of socialism which is a history of failure? The point is look at the issues. If if we're talking about law and order. They've cited in Portland in Seattle and new. York and Chicago with the radicals. Joe Biden his yet that I know of said one good thing about the ninety nine percent of cops protect and serve and put their lives on the line for us every day. You're right. Okay, so law and order taxes. He's pledging to raise your taxes through the roof. That will destroy the economy Then they're gonNA just add all the bureaucracy. The Donald Trump spent almost four years. Eliminating that'll be gone. That means nobody's GONNA WANNA DO Business. That's why the Biden Obama economy was so bad. Then you look at where now energy independent for the first time in seventy five years with a number, one producer of energy in the world will lose that for sure We'll shut down coal fracking. Oil Gas exploration production those tens of millions of jobs high paying jobs career jobs for people. Then it's about amnesty. Or the United Sanctuary states of America versus Border Security and law and order of never mind foreign policy. We haven't even touched that part yet, so. There's a lot at stake. If those plans stated plans are implemented. America will go down the past you know. The Trash bin of history as Reagan, said Freedom One generation away from extinction we will. It I shudder to think what will happen the three you and your children by kids, and and maybe one day grandkids. ARE READY FOR THAT And I love the framing, because as the founder said either we're GonNa live free and defendant right now, or we're gonNA. Have a country that you know. We don't WanNa live it, and that's really the framing. That is so important right now, and you talk about and I'm really pleased about this. Shawn because I think we have forgotten about the Russia hoax too quickly in. In the conservative movement, you have been the leader on this every night. You were covering it. You didn't let us forget you help. Muller Accountable, you had investigative journalism and it just seemed that an Oxana names, but other conservatives just kind of drifted away from like Oh. That's what happened happened. You have two chapters on this in the book. Can you talk about that? Yeah I mean I call it Charlie, the the biggest corruption abuse of power scandal in history and the Ukraine was oh. Okay, we failed with Muller after three years. We won't. We won't even bother with a special prosecutor not to I'm going backwards here but to get to Ukraine. You? Know they're talking about quid pro quos, but you have to ignore their presidential candidate on video saying you're not getting a billion US tax payer dollars unless you're fire. That prosecutor is named Shokhin. WHO's investigating my son Hunter who went on a and said? Do you have any experience in oil? No Gas, no energy, nope, any experience in Ukraine. Nope, why are you being paid millions? No, because you dad, so there was a quid pro quo and millions of dollars for the Biden I call crime family. That's exactly right, so. Listen and China's even worse. You get to this whole thing what we now know and I believe what's coming. It's like, and this is where the media's corrupt because. They're just the propaganda wing of all things democratic. Socialist. We now know and have all the evidence that we'd ever need is that they protected their favorite candidate. Hillary Clinton. For things you and I and everybody you know that follows you and you have a massive audience would. Literally never get away with. If you had subpoenaed emails Charlie Kirk and you decided to delete them, and you decided to acid. Wash your hard drive with something. I had never heard about bleeped bleach bit and bust up your devices with hammers. You'd go to jail. If you violated the espionage act, you'd go to jail. They protected her. Then the narrative began we now know began in August. We know crossfire hurricane representatives actually went to brief. President Trump General Flynn. Flynn on national security, but they were there to try and get information on trump and Russia, the most amazing part of this, because the Democrats and the media live for all these years is that they knew and they said and they wrote, and they even testified. There was never any evidence, but there was a dirty Russian dossier. And now we know even the New York Times acknowledged full full of Russian disinformation and that was used. And they were warned not to use it, but high ranking people abusing their power, wanting to take out candidate, trump, transition, team, trump, and then deep into the Presidency Donald Trump. They use the dirty Russian misinformation dossier to ruin Carter pages life and roomed his civil liberties and constitutional rights, but more importantly to spy on candidate trump, and then they had their insurance policy. The fact that the mob in the media ignores it is beyond comprehension. I have so I have two chapters. One is on the Russia hoax, and the other is on this whole impeachment witch hunt. And I want everybody in your audience to understand one thing here if I can get one point across. Yeah, they hate Donald Trump, but they hate us more. They think we are as Peter. Struck, said the smell by the way I probably shop at Walmart say money. Why not you have a woman I love Walmart I love COSCO's. I Love I love it all. And I've shopped there my whole life I mean people always stopped me when I'm in a grocery? So, what are you doing here? Shopping? Wa I like to eat a cracks me up. So but think about that. smelly Walmart Shoppers while irredeemable deplorables, wow! Bitter Americans as Obama said that WANNA cling to their God. I'm guilty their Second Amendment Rights Guilty Bibles and religion I'm guilty of that, too. But. It's contempt for your audience. It's contemporary my audience. It's because they knew better. And they will ling. This was an attempted coup. Now do I think there's going to be arrests and prosecutions I? Do spend much slower than any of us would have liked, but the evidence is overwhelming. It's incontrovertible sad actually that this could happen. That was going to be my follow up. Question Sean because when I travel and we get thousands of e mails a on this topic. When are people going to go to jail? And can you give me insight on this? Can you give us any clues any crumbs that we're starting to see from Durham? It's I call them. It's funny. You say crumbs because call them the the Attorney General Bar breadcrumbs. It's like Hansel and Gretel. Remember. We're we're trying to follow and see the trail exactly yeah. He did say that the president was spied on. It did happen illegally. The. Think about this. If you go before Judge Judy I wouldn't WANNA lot because Judge Judy I. I've met her once she'll eviscerate. You I watched her show. You. Don't go before a court. The information that you have not verified. It actually said at the top of a FISO Warren Charlie. It says verified. Okay. We now know the dossier was unverifiable. The sub source we now know, said this this bar talk. We were making this up. This was never meant for anything and again Hillary paid for it funneled money separate issue. And so, what is going to happen I don't have a crystal ball but I. do know all of the facts that are in the public. Are Enough to indict many of the names that your audience is most familiar with. I would argue. Komi McCabe struck page. I'd like to know a clapper. Brennan's role in all of this ends up being and and others. The more fascinating deep question is. Will they get to that January fifth twenty seventeen meeting inside the Oval Office? This is when member Biden said George Stephanopoulos Oh I. Don't know. Anything about this, you know this whole impeachment Russia thing. He was the one same. Bring up the Logan Act fifteen days later Susan Rice in that meeting did the Cya memo the day that Donald Trump was inaugurated. Obama in that meeting shot Sally Age by saying a He. He knew everything about the Kislyak Michael Flynn call. If we look. To sum it up. I think we're GONNA get there because the evidence. Is that overwhelming? If we don't. I fear for the country? Because of you. GonNa Raid Manafort's home predawn raid and you're going to raid Roger Stone's home. For lying to Congress by the all many of the names I mentioned were referred for the same crime and you're gonNA. Pull it twenty nine guys in tactical gear, frogmen and tip off CNN cameras and. Have a biased jury for person. We won't have equal justice and equal application of our laws, and worse than that Charlie is. We lose our constitution. Yes, all our laws are are predicated on next great document and some `perfect, but it creates the path to perfection at a more perfect union so. Long answers. I'M GONNA talk. Show I love it. No, this is what our audience needs to hear, and and thank you for that and look I I completely agree because if we do not have people and I, say this as carefully as I can in handcuffs for what they did Donald Trump then I I will lose faith in the American justice system I. Don't want that and I don't want revenge I don't retribution I want people to be held accountable and I would want the same if someone did this to Barack Obama because it should never happen to a leader ever. Yes. and. They've gone after every single trump friend confidant, and yet if you oppose Donald Trump you get different treatment, talk a lot about the constitution in your book and the founding of our country, Sean going to be honest, I've been very let down by some of these supreme. Court decisions lately Can you comment on that and the importance to get more people like Kavanagh? Who's actually ruled brilliantly? Unlike John Roberts. I! I'm a little. I don't know what's happening. Roberts I have my theory I guess I have my sources people that. have their own ideas based on some knowledge? For whatever reason and I think this goes back to the obamacare decision. He has allowed. How the court appears to influence his decision making. I also sense with no evidence whatsoever. You're not a big fan of president trump, but that should not come into his thinking. Now. If getting rid of bureaucracy and lowering taxes and energy, independence, and securing our borders, and law and order are all part of this election. Let me tell you another big part of it. And it's you know we're taping this ninety. Whatever days away from the Election Day, I what about and we got asked. What about the Supreme Court? Yes, I go through a whole list I. Forget what paid maybe sixty seven I forget. A. In the book. Of. All the things Democrats would do if they're getting power one, is they? WanNa, stack the courts. Get rid of the Electoral College. And I. What, they're saying they. WanNa do is scary. They used to hide it Charlie. When I every single Liberal Democrat running for office, they would run to the left in the primary. They race back to the center, but you knew they wanted the left. There now openly embracing the most radical elements in the country and you know. Unfortunately we're watching it all. Play out nightly on TV and and that sad what I see happening when I think we have to remind a trump supporters that these are not trump appointed justices, a gorsuch I think ruled incorrectly on one ruling. That's it besides that gorsuch and cavenaugh have been tremendous and terrific verses Roberts. I just think we have to give the audience a sense. Sense of continued conviction that the trump appointed justices will continue to rule correctly and Clarence. Thomas and you know the the Thomas Family. They get no credit at all. I mean what he has done. And can you comment on that? 'cause I, E, you've actually been you open my eyes to that like eight years ago and I never learned about Clarence Thomas as a high schooler until you I mentioned it just as a quick aside on his incredible career. I like to do on TV and antidote on radio, too. Sometimes I call it the Hannity history, lesson 'cause I lived through all of this. I know this is going to see. You're not even thirty three, but my radio journey started in nineteen eighty-seven crazy right. Now on my twenty fifth year of Fox, I didn't think I last two. So I feel very blessed. As a side note if you haven't read my grandfather's son. Which is about Clarence Thomas is life. It's amazing. But. You know it's interesting because him and Scalia. To my opinion, my to most favorite justices in my lifetime. Scalia this incredible wit and genius and understanding and. They got a little acerbic side to when when he was questioning Clarence Thomas always set by quietly. What they called a high tech lynching at the time, the more modern. Let it. You gotTA. Remember Yeah. And you know. It was then Senator Ted Kennedy you know Robert Bork's America the borking of America. That was Clarence Thomas. Now we see it more recently cavenaugh. It exposes. The, who is Joe Biden? Who is his team? Because Clarence Thomas and Justice Scalia or the people we need on that court. We call them constitutionalists or originalists, the original intent, not people that would sight foreign law as liberal justices have done or not people that feel that they can rule by judicial Fiat and dictate or legislate from the bench. Democrats always wanted the court to do that which they could never. Do legislatively or win at the ballot box and that's why they want. We call them. Activists Justices Clarence Thomas. has shown a fidelity to the Constitution at the Antony Scalia. That is beyond enviable And the differences styles always interesting, too because Justice Thomas will always be quiet. That's very few questions. Anthony Scalia was in there in a wrestling with people. I don't know about John Roberts. I can't get into it, but I do believe the next president United States is a very good chance. You have a lot of older justices may want to retire. And I think that the next this election in just three short months. That's on the ballot and that's that's generational now. And Sean I think we have to pressure the Biden campaign to do what trump did and release a list of justices I mean president trump was so transparent and Joe Biden hasn't done it yet. Intentionally, of course, because he'll probably put repeated to lieber something on the United States Supreme Court I mean as horrifying as that might be so in two two quick closing question Sean and thank you for being so generous with your time anchorage, everyone you know. Know go by live, free or die. the first is this. Can you just talk about? We are heading into the election. A lot of trump supporters. They're failed. They're falling victim. They suppression pulse I wish that wasn't the case, but it seems like the memory of two thousand sixteen as faded where people forget. We were down by double digits. Can you just give a little vote of confidence to some of our listeners out there? That think we're just losing. I WANNA. Give the vote of confidence, but I want people to feel this way. I want people to think I'll use a football analogy that our mutual friend Linda that you know. Who's your biggest fan? My radio producer? He's amazing. Amazing, but she doesn't even know how many points you get a touchdown, so I'm giving these football analogies. I, want this election. I want people to feel the way I feel which is. We're on our own twenty. Two minutes to go. We have no time outs We're down by six. We got a cross. The plane marched down the field, cross the plane and hit the extra point to win. So if people feel a sense of genuine urgency and worry and concern, I'm cool with that because fear often as a great motivator, not irrational field fear, but if people do not vote, you will get the government that they're telling you. They're going to give you believe. That that is their agenda. To be a Republican and win. You GotTa always use this analogy got to run the table I gotTA. Get Florida Georgia North Carolina can't win without Ohio. No Republican's ever become president without it right? You got hold Iowa then you got pick off Pennsylvania Wisconsin hopefully Michigan maybe MINNEA- Minnesota will be play. Maybe the city of Arizona will be in play. By Joe Biden reference for those of you. That didn't get. We got a hold Arizona Gopher Nevada New Mexico. New Hampshire and Maine's second congressional district. If every single mom, this is a battle cry. You started out this interview with this. I wrote this book not because I like writing books. My last book I donated every Penny I made to charity I don't care. It's not that. This is a tipping point. Charlie this is I, don't. See if these policies are implemented how America recovers. Irreparable harm the to the rule of law to our courts to our economy, they want to wipe out the lifeblood of of the world's economy. This this promise of socialism and I go into such detail about how it's always failed. Here's a quick socialism of example. Member obamacare. Keep your doctor keep your plan. Save on average twenty five hundred dollars a year per family right? Okay. Millions lost their doctors. Millions lost their plans. We're all paying about two hundred percent more and add to that. Forty percent of Americans almost forty percent have only one obamacare Biden Carriage James Choice now. How did they do with that promise? Medicare is going broke. How did they do it? That promised social security. Charlie hate the break this here. He paying into it. You probably won't get it I. Barely Skate through, and they might give me ten cents until they means tested and then take it back, How does it? How did Liberal government work in New York City with all the anarchy cutting a billion dollars, so please? How's IT WORKING IN CHICAGO? All. These liberal cities have where the violence we've been talking about takes place. They all have one thing in common. They've been run by Liberal Democrats for decades right. Most of these states have been run into the ground by Liberal Democrats for decades. If you WANNA know what America will look like if Biden Bolshevik Bernie. Pelosi Schumer and Bozo. That team gets place look at new. York state and city look at Chicago the City Illinois. The State Look at California. Look at Oregon. Look at Portland, the city. Look at Seattle. Look at the state of Washington. Yes. And I. Love this country too much. You know it's an all hands on deck moment and Every everyone of you've got this connection with younger people in this country. You have this incredible. A credible platform you built, and it's become powerful and meaningful and transformative to the country, and you're going out there, and you're fighting on these college campuses and you. You know it's not easy to be in the middle of a I call it a shift. Show all the time, but let's well put, but you do it. And it's freedom works. Every time you give up freedom for security, you lose your freedom because the security that they're offering. These promises that can never ever be fulfilled. In America. The land. I'll close with this unless you want to go further I can keep going the. Barry Farber who was a mentor of mine. Just recently passed away like ninety ninety one. And he always said there's never been a country in the history of mankind that has accumulated more power and abused at less than the United States well I add. A country in the history of mankind that has accumulated more power abused at less, but used it to advanced human condition. The reason America is great and exceptional. If I can say that today, it's not perfect, but it's great. An exceptional is because of its people, and because of the fundamentals of liberty and freedom. So that? Natural rights versus government or rights, natural rights come from God doubt by our Creator. Life Liberty pursuit of happiness while you can't pursue happiness these days in Chicago New York Moreland Seattle. So there's a lot on the line. I love your audience. I'm so thankful for all you're doing, and you've got a great team that you building review and you're out there fighting the fight and I just urge you guys. Just fight like your country depends on it. Because America's, we know it. It's all hanging in the balance. Yet was Sean. You've been so generous the last quick thing I defend the president all the time personally as a person. Can you comment on that because I've had the opportunity to meet him? not as much as you obviously and get to know him, but a lot of people here misrepresentations in lies about who he is as a human being. Let's close on this note. Can you just mention one or two things that that people can take away from that? You know first of all. It's interesting. Nobody seems to understand Donald trump yet. They don't want to understand. I mean Donald Trump. The Dog Bites the beasts, things you feeling sad or get cancer. You Complain Trump. I mean that's how saying the leftist. But here's a guy that is so unique he this guy is like a soon nami force of energy like I've never met my life. The most distinct and unique quality he's had is as president. You mentioned the Supreme Court. He put those people that he said he put. He cut the bureaucracy as he said he'd caught, and he cut the taxes as he said he'd cut. He did the North Dakota. A keystone pipelines Anwar Likey said he would. He's building the wall or almost four hundred miles. A wall by the by election will be over four hundred miles. He found a way it was. It was an uphill climb He said he wanted to pull us out of foreign conflicts, but not back away from evil defeated. The Caliphate took out. Baghdadi and Associates took out Sola Mani took out the Al. Qaeda leader in Yemen. So? What makes him special and unique in terms of presidency is that he is who you see is who you get. The guy that's fights on twitter is the guy that's fighting for a better trade. Deal the guy that fights. Against Liberal Democrats and the media mob is the same guy is fighting to keep his promises that to me makes him the most unique transformative political figure in our lifetime. And Right now. The. We tip the scales. You have a choice. It's never been a bigger choice. He will keep his promises. Coronas been a little bit of a curve ball to the world, but even that ten days after the first case, the only guy that I know of thought about a travel ban will be donald trump. They were teaching at the time and Joe Binder Biden was call them Sinophobic, so he's a man of his word. He's a man that will fight to his last dying breath for this country and the promises he made, and that makes them in my view very transformative. Men will. The book is live for Your Die God bless you, Sean, thank you for that. You do and we really appreciate. It helps you soon. Thanks bye. What a great conversation that was! Please email me or questions freedom. Charlie Kirk Dot Com freedom at Charlie. KIRK DOT COM please type in trolley. Kirk, show your podcast provider. Hit subscribe, give us a five star reviews screen shot at an email us. If you want to win a signed copy of the Maga- doctrine, please get involved with turning-point USA at Teepee USA dot com that is Teepee USA DOT com. Check out divest you. Dot Com if you want to divest some of. Of your dollars from the sinister backwards malevolent higher education cartel check out our professor watchlist, professor watchlist, dot org professor, watchlist dot Org. We have some incredible new additions that you do not want to miss of radicals that are teaching your children right now to hate. America is professor watchlist dot org email me directly freedom at Charlie Kirk Dot Com your ideas and questions. You want me to ask our guests here on the Charlie Kirk show. Thank you guys so much for listening. So next time God bless.
Twenty-Five Years Later, Ford Resurrects the Bronco
"If you're an offroad aficionado or even just WANNA be. This story is a big deal. After a quarter century Ford is resurrecting the Ford Bronco a direct rival to the jeep. Ford produce the Bronco for thirty straight years starting in nineteen, sixty six. The vehicle had only two doors reportedly one reason why Ford discontinued it in Nineteen ninety-six consumer sentiment was shifting toward four doors. Historians say the Bronco Developed Cult Status. After it was discontinued today, the beefy muscular vehicles, a sentimental favourite restored vintage models can sell for up to two hundred thousand dollars with a corporate unit called Ford icons. Ford is Heavily Marketing Nostalgia that division includes the Bronco, a Mustang and a new line of Ford F one fifty pick-up trucks, including a hybrid version, and soon to be debuted all electric. And Nostalgia sells, but it's far from the only reason. The automakers releasing a Bronco for the twenty first century. The company is capitalizing on a trend according to the automaker offroad vehicle, so called rugged SUV's. Twice, as popular as regular SUV's CNN reports that has engineered the new bronco models for quote hard off road driving. You know the kind that allows you to quote. Get far from civilization. An even stay there for awhile. Is the perfect escape for pandemic induced cabin fever. Get a dose of Adrenalin while avoiding the plague. It's a combination made for advertising. Heaven Kit needs to be the jeep wrangler as the Juggernaut of off road vehicles. CNBC reports that automakers have been trying to quote dethrone the Wrangler for decades. Without much success. Even during the pandemic GPS kept selling Fiat Chrysler sold an average of seventeen thousand jeep wrangler every month for the last five years according to the Detroit news last year, almost a quarter, million wrangler flew off dealership. Lots and experts say jeep owners are loyal. To a fault. Still Ford executives have moxie. They're predicting sales of two hundred thousand broncos over the next year, according to Automotive News. and. Keep in mind that the low end version of the new line. The broncos sport won't even be out until years end higher end versions of the Bronco won't be at dealerships until next spring. Ford is doing everything it can to make the Bronco enticing enough to away jeep lovers, and of course to persuade new off roaders to come into the Ford camp that includes besting the ramblers largest tires thirty three inches with whopping thirty five inch tires, Ford says a Bronco outfitted with the almost three foot in diameter tires can easily go through a couple of feet of water models also come with removable roofs and doors. Drivers can store the doors in the Bronco. For, it says. At about thirty thousand dollars, the price of the two door base Bronco comes in at only two hundred dollars more than the base price of the jeep wrangler at the top in a limited number of first edition for door Bronco started about sixty one thousand dollars, Ford began taking one hundred dollar deposits on Broncos last Monday when it released the new line I edition reservation slots sold out within a couple of hours. Still as bullish as the auto press is about the Broncos, the release comes against bleak backdrop for the auto industry. Overall vehicle sales plummeted when covid nineteen emerged shut the industry down for two months recently, both Ford and GM reported second-quarter sales declines of about thirty three percent from a year earlier jeep parent, Fiat Chrysler did even worse with sales down forty percent. And that puts a lot of pressure on Ford to live up to its promise of adding a billion dollars to the bottom line next year through Bronco Sales. And it adds pressure Chrysler to keep jeep at the top of the OFFROAD HEAP Stakes is high as the boulder strewn rocky mountains. The war between Bronco in gene. We'll be fascinating to watch.
Merged Fiat Chrysler-PSA company to be called Stellantis
"Where where customers customers can can pick pick up up orders orders placed placed in in advance. advance. It may not say it on the hood. But your next car, maybe made by a company called Still Entous, Fiat, Chrysler and French automaker P. Ece have conjured up the name for their soon to
Greece condemns Turkey's decision to convert Hagia Sophia into mosque
"The top leaders of Greece are slamming. Decision to turn the highest Sophia Museum into a Mosque Is considered the greatest example of Byzantine Christian architecture in the World Joanna. Kakissis reports from Athens on Greece's response to Turkey's move. I guess a Fiat. which the Greeks Call I guess of? Yeah was built fifteen hundred years ago as an Orthodox Christian Cathedral Greek Prime Minister Kitty Echoes. Mitsotakis said turning this museum back into a mosque would damage Turkey's relations with Greece in the Western world. The Ottomans converted I. Associate to a mosque and fourteen fifty three when they conquered the. The Byzantine city of Constantinople and changed its name to Istanbul Mustafa Kemal Ataturk who founded modern Turkey, a secular nation ordered idea Sofia's conversion to a museum eighty five years ago for NPR news I'm Joanna Kakissis in
"fiat" Discussed on WJR 760
"The merger between fiat Chrysler in the French automaker PSA group merger talks are going well and Mike Manley the CEO of fiat Chrysler says the deal should be done in about a year FCA and PSA will bring together jeep ram and Peugeot it'll be the fourth largest auto maker the two companies agreed to merge in a fifty billion dollar deal in the face of mounting costs of making electric and self driving vehicles while global demand for new vehicles is slowing down an important factor for the new company is which platforms will put their products and how many platforms they need the platform is the base of the vehicle which determines their size and how many versions of tooling assembly lines are needed another important factor is the information came from badly a sign that the fiat Chrysler boss may be in line to be the chief operating officer of the new company decay for W. J. R. news governor Whitman to take part in the state of the union address governor Witmer will deliver the democratic response to president trump's state of the union address which is taking place on February the fourth that announcement was made by speaker Nancy Pelosi and Senate democratic leader Chuck Schumer governor Witmer says she's thrilled to have the opportunity to deliver the response speaker Pelosi says that what more is a forward looking leader who is laser focused on solving problems for everyday Michigan there's and is uniquely qualified to deliver Democrats message of progress for all Americans I met a Landrum W. J. R. news the governor makes the state of the state address next Wednesday night in Lansing well millions prep their tax returns the IRS is warning taxpayers to watch out for goals you want to repair their taxes RG and Johnson has details by law anyone who's paid to prepare or help prepare federal tax returns must have a special ID number they have to put it on the return not signing your return the iris says is a red flag that a ghost prepare maybe looking to make a fast Buck tax officials say a ghost probably won't sign the tax return they prepared they may require payment in cash without a receipt claim fake deductions to boost the size of the refund or direct refunds to their own bank account instead of the taxpayers account I'm Jim Johnson the Superbowl broadcast will drop tens of millions of viewers next week course let it seep Kassebaum says companies are paying top dollars to access the audience the five point six million dollars foxsports received for a thirty second commercial during the big game is a record the commercial space sold out in record time so it's no surprise that Fox Sports is capitalizing on that demand by adding another floating commercial break ad week reports that the additional two and a half minutes of commercials could earn the network another twenty five million dollars and checking WJR sports and pro basketball and that's with the win over the pistons last night one twenty one to one eleven Michigan state will play at Minnesota today tip off at three PM W. G. R. news time six oh five it's time to check the drive.
"fiat" Discussed on Slate's The Gist
"Only if you're too stupid to get into trump you in fact every rational person should do anything to get alone that they could label an education loan if if they knew it was going to be forgiven moral hazard number or like a guaranteed boondoggle or not because you know Elizabeth Warren's not dumb which he really allow such a system system to take hold wouldn't she place limitations as to who could ask for there to be forgiven. Well if she did that I think she would come into office with credibility shot on day. One wait you promise to erase my student debt. What am I sucker for voting for you? How would this affect the college loan industry? I'd say not well L.. I'm not sure how alone would work if the government would automatically forgive it. Why would any lender make alone? They'd never make any money in interest we for the lenders. I probably wouldn't have to because they won't be any left. Most student debt winds up being owned by the government actually but not all of it. Even the experts agree that. There's there's no plausible mechanism for debt. Forgiveness held outside the Department of Education. Sorry those five million people who has student debt about a third of American adults. Never I went to college. Another third did but don't have student debt when you factor in children are left with about a little less than fifty million people who have some college debt. Who are they? They're wealthier and whiter within the country. As a whole there are more likely to be wealthier in the future if they are graduates and they should be colleges long conveyed in earning advantage though less oh now and burdensome debt. That is a problem. I'm not denying that. But there's plenty of evidence including from the Liberal think tank demos that eliminating all student debt would actually increase the wealth gap between white and black households that by the way his Bernie Sanders plan. That's essentially a stimulus for anyone with debt to Warren Plan has always said it will exclude the very rich rich but it does allocate a trillion and a half dollars for college graduates. Where could be spending that money on a variety of programs for the poor or or he'll just cash transfers to the poor that most economists say would make the poor better off all of us better off true one point five trillion dollars it could also be wasted in Iraq that is the case? But what does that prove. The cancelling student debt is a slightly better policy than cancelling Saddam Hussein. And then there are the obvious issues of executive overreach. Why you'd have to do this? Why would you have to do this? Without Congress's approval that alone is troubling more trump more than troubling it's quasi-dictatorial Bernie Sanders. Like I said has this plan for eliminating all debt. which as I said it wouldn't be the in my opinion? Best use of resources sources for our country but at least that proposal is a legislative one and therefore constitutional one it would be passed by Congress not by Fiat when Donald all trump killed Sulamani. He said we had a crisis and couldn't wait for Congress. Elizabeth Warren introduced her plan about student debt accompanied by this tweet and I quote. We have a student loan crisis and we can't afford to wait for Congress to act. This isn't the Obama Dreamer policy that he tried time and time time again to institute through Congress to ask you beg Congress to solve this glaring problem Elizabeth. Warren doesn't even know what the composition of Congress will be and still. She won't be waiting for their input optional. Though it may be considered the people who favor college debt cancellation call it or really really any debt cancellation. But they're calling it with us. They call it the debt jubilee a jubilee. Let's you're paying for it. This jubilee has roots in the Bible. Were they admonished. The forgiveness of debt every seven years. Of course the preceding admonishment to that is we promise not to give our daughters others in marriage to the peoples around us or take their daughters for our son's. I've always thought grand scale debt. Forgiveness was unfair unwise policy to that Elizabeth Warren is adding the procedural vices of its own collaborative unethical possibly Sibley unlawful. Just think there are better ways to spend our money. There're better recipients of our money. There are better ways to enact this sub optimal way to spend our money. There are so so many second and third order ill effects of this policy. I almost feel like to engage with it. Intellectually as serious proposal is strange and off off because it has such glaring shortfalls like the moral hazards. I laid out the effects of this policy on the loan industry. They're just hand waved with. Oh it's just an idea it's just a negotiating strategy or even if it doesn't work she's making a point she's getting attention. She's responding to the Trumpian idea of being grabbing more important than being well thought out. Think like that. I don't report like that. I won't vote like that. I think is the worst idea that Elizabeth Warren has endorsed and pursuing it. To its end would be pretty horrible a horrible mistake and abandoning ending it at this point as mistake if elected would be a terrible breaking of faith with her voters and I don't know why she did it. This has not been tried in any country has not been tried by any state industry. Hasn't done this. This would be an unprecedented social and monetary experiment for a problem that represents burdensome some reality but not a tear up the constitution crisis. Elizabeth Warren's brand has been. I have a plan for that but I always took the unstated premise to be. I have researched considered possibly tried and tested plan for that. This plan is not any of those things. It's not even much.
"fiat" Discussed on Diana: Case Solved
"Felony the driver about her car about the about everything consult with then the my garbage one religion one about a Wi fi edge and let me just cite here in not which Diana and Dodi traveling this fit which existed which left residue on white paint all the records of the settings has never been found on the driver. All the whites in which collided with the Mercedes has never been identified..
"fiat" Discussed on Diana: Case Solved
"Against that it was just a tragic accident the live feed you wall then and it didn't touch the lady but that's all it did it did I didn't know whether the drive of long others do not in the days weeks months and even years following the Paris now there was a car in the tunnel of fear Bona parts of it have been found on the floor along with disappears it was re I'll head who launched this whole cannot about how the royal family had been responsible for the murder of Diana in you say to myself and something this who benefits then you begin to see the trial him Marjorie want blake inquest paroled nine so was the fate who knows contact with a Mercedes no matter how fleeting deliberate was the little what affectively a murder weapon and if so who was behind the wheel either way excellent or ambush tragedy Oh treason there was one way to be sure to find the fit and it's driver Sabine had even recalled that the car had Parisian number plates I remember license number is ninety two or seventy eight some department like this so how hard funding that car really be there I five thousand feet like this just in the Paris area alone they've had about twenty detectives from the Paris creamy now which only has a hundred twenty talking about going to a broader area whether Henry Two thousand in that case it could just take forever and they're really questioned giving defensively truly believe that this is nothing but I Lina drink and driving accident as to whether it's worth finding that you know if they're gonNA spend months and months and please please manpower just trying to find something that maybe mythical or has the gentleman said earlier could conceivably be from another country..
"fiat" Discussed on Masters of Scale with Reid Hoffman
"And cannot survive for long unless you have a truth teller the top and that executive team must also tell the truth to the people around them and so on up and down the chain of command hard truths should fly like an electric charged throughout the organization and Sergio hit Fiat like a defibrillator there Sergio has always been someone who likes challenges and also has a profound dislike of situations which are not working well when things don't go well and organizations. It's quite revealing in how people behave and what is incredible is the amount of abuse you have mean how much money wind up suspending and consultants in investment banks and lawyers. I mean FIA by Dan was definitely very dysfunctional to root out the dysfunction seven Fiat. I had a severance relationships with the banks. So who would finance the company instead John Convinces family to reach into their own pockets and fund his turnaround plan. It was risky to be sure but the family didn't hesitate to put their savings on the line as the family investing a big chunk the money in the company as bank loans were converted into equity and to make sure that the company would stabilize that's really when we realized that the company was viable that it had a great leader and we committed putting a big chunk caviar money into it usually hairpin turns like this are delayed by turf wars fights in the boardroom activist shareholders circling and in calling everyone morons and I thought if you add family to the mix you have a downright combustible situation on the contrary. John tells me families precisely the reason. Fiat was able make such a daring maneuver. I think it was very straightforward. Read because the older generations well to me have the moral authority subsequent to those years years we organized ourselves as a family in what I think is an effective way where we have family members were responsible and these family members meet a couple of times a year and then we have a broader family meeting once a year and we've made sure that that communication is very clear and then within the companies. We've made sure that we have very good directors and that has so far. I worked very well as John explained how his family came together to back this move. It occurred to me that the presence of these family members holding moral authority can be a real strategic advantage. It can provide you the certainty and believability you need to navigate a perilous shift and allow you to rise again. There's an interesting corollary and started culture. You'll find a widespread preference among investors in Silicon Valley for any startup. That's founder lead with the same. Co the top hop from the first higher onward and you might mistake this for some vague almost mythical belief that the CEO embodies the DNA of the organization not quite in fact the CEO has a duty to set a strong culture that scales with the organization. You never want the culture encoded in only one person's head. The real benefit of having the founders stick around is their ability to take big risk to say. We must take this risk. We must adapt to the future. We can't just preserve what we built and that's not not just say it but have the whole company believe in it and rallied to their cause the willingness to take that risk and the moral authority to drive it is actually quite hard to replace place once the founders steps down and that's why find. Fiat's family run business so fascinating. The family and a sense reflects the authority of the founder down through the generations generations. They've solved what Silicon Valley's iconic companies only now just beginning to figure out how to create the long-term moral backbone of an organization and that will naturally tend to grow big and complex it with his traditions and so the existence of the managing family. Maybe one of the keys to becoming a few weeks the fact of having so many enemies unified very very much the family. I'm very grateful to my grandfather's generation and my cousins everyone was very supportive and everyone one put personal money for the company to be stronger and really to make sure that it had the necessary capital to go food as turnaround so the family was an incredible plus. Fiat now a family concern broke free of its financial burdens and began a process of reinvention working on the launch of the Viet five hundred which was launched in two thousand and seven which was done the fiftieth anniversary of when it was first launched and that was really the moment where things start to really take and be positive and two thousand eight was the record earning year in history two thousand eight also happened to be the year of global financial meltdown as I pointed out to John. Out of one frying pan into another of xactly clean exactly so two thousand eight would should have been Fiat's banner year was instead the your Fiat's fire sale. We went from a massive of exercise of simplifying. We had too many companies. We want to be in less companies that we want to be in global businesses that can compete in a global scale. Kale and the reduction of complexity definitely was of immense help. You had your own global upbringing. I mean mean many countries many languages many cultures. How did you kind of map between which the global opportunities which the right light businesses of the future focus on within the family portfolio so all answer you in two ways the first one is the reality is when you need to sell companies you generally sell the good ones and so there are many businesses that we had to sell because you know positions additions of choosing the ones which we were left with we then prioritized on the ones which we had a fair our chance of competing on a global basis. If you're an enthusiastic listener of the show you may recall episode pay Pal Co founder Peter Thiel he the incursions entrepreneurs to escape the competition by pursuing a wildly original idea. You really should do that to the extent you can but to be clear. Even the most innovative innovative companies must imitate their competitors in fact Silicon Valley companies study their competitors quite intently. How do you build a good server infrastructure. How do you build good data centers. What are you doing in terms of emerging technologies. Your competitors can give you a clue so that kind of engaged with the competition is actually I think true for everybody. Those competitors can spray your own team to take surprising leaps and it can be disorienting to travel forward. You must travel backward in time and rediscover the traditions that really constitute the core of your business. John has an interesting term for this experience. He calls it a return to the essence sense of what you do. I think it's important to stick to the core and the essence of what you're gonNA. Sation is trion listen to very limited number of people because everyone ends up having his opinion so as you go back to the essence you somehow find a lot of the answers and I think the truth tally being very candid about the problems being very very open about the issues and then building the confidence that you can overcome things get resolved so one of the issues that had occurred was really that global markets opened up and so fear at which we we're really a diversified conglomerate would very strong market positions in Italy faced incredible competition from outside and the big change was really to open up to competition and not to fear competition but really to engage with it and that's where Sergio being a truth teller was incredibly important in allowing the conversation to happen and having de Organization be willing to engage and get the confidence that it could engage and I think that's really the big changer engaging with the competition will be key need any company that wants to rise again you can only ignore the outside world for so long and as John says this takes organizational confidence you have to you believe in your abilities and importantly you have to know who you are. This often takes explicitly returning to the essence of the company. Radio Flier is another another example of how a legacy company can return to its essence remember Robert Patterson. He is the third generation. CEO of Radio Flier Another Phoenix company David Making Little Red Wagons for a century when I came into the business about twenty five years ago the company was kind of at a crossroads we were for more of an inwardly focused manufacturer which had worked great for a long time but we miss the fact that consumer tastes had changed and these plastic wagons started taking away sales from our traditional steel and wood wagons and so it was really a moment of beginning to redefine and reinvent the company Johnny so there are two ways. Robert might have responded to this competitive threat he could have raced to catch up with the competition and rush into the plastic red wagon market instead. He asked himself a much deeper question. What are we are. We manufacturer we a brand design company think about that seven decades of making little red wagons and this. Co has to ask himself. What are we and what can we be the best in the world at an an ultimately. We decided that the thing that we had that was the most value was the relationship that consumers have with radio flier when we asked people able to describe. What is radio fire means to them? All these wonderful images would come up like you know I was playing outside. The Sun was in my face. The wind was in my hair. I was playing being with friends and family that I loved. I was imagining that I could go anywhere that my wagon was a race car or spaceship and so we really focused in on the fact that Radio Flyer is a vehicle of the imagination can be anything you imagine it to be a can take you anywhere you want to go and so then we said well. Let's really focus in on vehicles and one of the things we found we start asking people to describe the Radio Flyer. They had as a kid they would often describe a wagon of course but they've many times I had a radio flier tricycle when I was a kid and we'd ask them to describe the tricycle and they say well the tricycle was shiny and read and it had chrome handlebars uh-huh bars and it had a big bell on it and it was radio flier and we said wow that's crazy because we never made a tricycle so we came out with it and people point point to it and say I had the radar tricycle when I was a kid and it quickly became one of our bestsellers and then we leverage that product into becoming the number one brandon and tricycles radio flier sales have quintupled since Robert took the helm and they've gone on to make everything from little red scooters too Little Red Tesla's but only after Robert decoupled the wagon from the deeper idea of their essential design little red shiny vehicles one of the things that really Mike GRANDPA GRANDPA baked into the DNA of this company as a designer and craftsman was bad anything that we put the rate of fire name on has to be beautiful design and and it has to be really good quality and I think those are the enduring values that have caused us to be able to not only survive for one hundred years but to thrive it's a story for Newell echoed by Paula Cole CEO of ABC Carpet and home and ABC kitchen. Her father opened an iconic carpet store. You're in Manhattan in the nineteen sixties and when Paulette decided to join the company twenty years later. She started asking that question to what are we. I mean literally the the store was a carpet store across the street with twenty seven inch carpet cut up samples and all the windows with dust three inches thick..
"fiat" Discussed on Masters of Scale with Reid Hoffman
"Hi Listeners it's read. We've seen a lot of high flying startups. Go public in two thousand nineteen. It's even been called the year of the Unicorn corn. IPO as we head into the final stretch of the year I wanted to share an unexpected episode with you. It's with John Elkin. The chair of Fiat Chrysler Eisler a company more than one hundred years old. It's an episode that reminds all of us. There's more than one way that companies succeed lead. You can strive to be a unicorn. Yes but you can also be a phoenix. One of the first things he made was a little wegener that he used to haul tools around the workshop. That's Robert Passing the CEO Radio Flier. He's talking about his grandfather. Antonio passive who came from a long line of Italian cabinet makers he started making little red wagons for his workshop in Chicago mostly just a card around tools also Danny noticed those wagons were selling better than any of his other products like any good entrepreneur he pivoted pretty soon he was out of the furniture richer business and in the wagon business and that was really the birth of the iconic Little Red Wagon from these Metal Stamp Wagons Antonia Growth Family Business is there remains a heavyweight and toys a full century later. We had a year long celebration of one hundredth anniversary. The Capstone Stone event was a big event that we had here in Chicago. We brought the world's largest wagon down Michigan Avenue for a birthday celebration. The world's largest wagon is an an exact replica of the original red wagon but it's nine times the size. It weighs fifteen thousand pounds. The wheels are eight feet in diameter radio. Flyers ars brand is so recognizable the giant wagon sub everyone on Michigan Avenue in their tracks. We had lots of busy commuters going to work kind of heads down looking at their phone and then suddenly they realize they were walking past the world's largest wagon and they looked up and smiled and started laughing and taking pictures and texting into their family and friends so it was just a day of you know lots of smile. The thing is it wasn't always all smiles for Robert and his company in fact the very first year that Robert took the reins. He faced a company in crisis. The company had been doing meanwhile for seventy plus years but a lot of things were changing and we had to change to and one of the crisis moments that happened in my first year. Was that competitors I came out with plastic wagons and we didn't really see coming plastic. Wagons are existential threat. When your company makes wagons kinds from wooden steal those materials were part of Radio Flyers heritage and identity they had defined the company for decades but time stops for no one and it brings with it it and never ending parade of new threats. Robert knew he would have to take a new look at his family's company it would have to distinguish between the essential elements there were truly record of the company soul and the traditions that were holding them back and he would have to do this again and again because even the most successful companies they setbacks and stumbles as they insure way toward the centennial celebration in studying with humility these companies that have staying power. I I believe this is the secret to longevity in business. You can scale a business that lasts a century or more but you have to learn to rise and fall and rise is again forget being a Unicorn and learned to be Phoenix. You gotTa have incredible talent at every position. It's like this. There are fires burning out such an idiot. Go back to Earth so an it easy which I have no idea what sorry time at work. The apartment just seems absolutely not off. Often years later invaded Kaya do this. His master's scale will start the show in a moment after a word from our sponsor capital one spark business it is like a full sensory experience these bright pink and Fuchsias and oranges and the purples and violets. Let's in lavender's you've got pallets stacked higher than you can climb and just flowers everywhere as you walk down the aisles of the warehouse. You're just going from one beautiful smelt the next of flowers he recognized roses and lavender and Lily to new flowers that I've.
"fiat" Discussed on KFI AM 640
"Fiat is driving the next hour of music for all unite Shifter's on the road and visit Fiat, USA dot com. Nothing rankles. We more. Well, we shouldn't we should point at who's responsible. You do have to point fingers, and then you have to grab them. Town. Weekdays two to six. Three. From the San Francisco. Coasttocoastam rule wide on the internet? This is coast to coast AM with endpoint. Whatever happened to blues image. It's one hit wonder beds, right kept. Right. Great. So, so, so we're talking with, with a guy who has been. Tracking shipwrecks as.
"fiat" Discussed on WSJ What's News
"That's ADP always designing for people theat Chrysler withdraws its merger offer for Reynaud is actually is weird because Fiat Renner deal has fallen apart. Posse, and sinks into a bear market investors, every sort of reassess thing, the post specs global growth, US arrest at this southern border rise sharply in may. This is what's news. From the Wall Street Journal. I'm Kim Gittleson? Let's get started. Now before we get in terming story this morning, Fiat Chrysler is decision to withdraw its offer to merge with the French carmaker. Renault, here's what you missed arrest at the southern US border rose sharply in Maine, US customs and border protection said they apprehended one hundred and thirty two thousand eight hundred eighty seven people that's an increase of over a third compared to April the figures were released as Mexican officials met with vice President Mike Pence, and secretary of state. Mike Pompeo on Wednesday, although the meeting broke up without a deal on proposed tariffs. Mexico's foreign minister Marcelo abroad said he was optimistic that tariffs could be averted optimistic because we have a good meeting with respectable respective position from both parts talks are set to resume today, and the global grounding of Boeing seven thirty-seven max has upended air travel, but there's one little notice corner of the aviation industry, that's benefiting..
"fiat" Discussed on WSJ What's News
"The thing is particularly interesting about this is Mark unit made a name for him, so, well, I you made any from south saving Fiat, and then saving Chrysler, a lot of people in the states, forget that Chrysler was near vision, two thousand nine hundred year body, but he became an even larger than life figure that he already was in two thousand fifteen when he made this very public case about the need for consolidation in the car industry. So that became his thing he was the cheerleader for. Consolidation. The current history except the only problem, I guess if you will is that he, he was known for having a really aggressive negotiating style for being a very hard bargainer. So we've heard from several people that they were wary of just sitting around the table with him afraid that you may walk away with the deal that you weren't just that enthusiastic about. So that was my CUNY Goan was also a larger than life figure, you know, he had put he had done something that in the car industry was thought impossible he had found. What, what everybody thought was the third way, right? There was the do it yourself was the merger which often didn't work. And there was this alliance that he had put together with, with Renault Nissan later, Mitsubishi, he, of course exited the scene late last year when he was arrested. And, you know, he he was replaced by, by new by new chairman who as but by all accounts has gotten on well, with the chairman join Al Kuna Fiat Chrysler, and, you know, a lot of times, these deals, not just in the car industry in general, if we look across across industries, you know there has to be the industrial. Of logic or anyway, the people who are engineering, the merger need to think that it makes sense today, but you also the, you know, it really helps increases the the gears there. If you have some sort of report between the two sides, and it looks like that's what really happened. So it was sort of a perfect alignment of, of things here that led to the announcement of this deal. What are the potential roadblocks? Yeah. Well, that's, that's a good question. Because one of the problems often when you have this kind of deal is that I it's hard to sell it as a merger of equals, for example, when this new company comes out what percents going to be held by each company, right? Of, of the of the pre merger company in, in this case, they managed to do you know, a real merger of equals can be fifty fifty so that in theory shouldn't be a problem. But, you know, these boat, both of these companies were no for the French in yacht for, for the Italian Chrysler for the American side of via Chrysler, these are companies that, that have a hundred years and sometimes more, you know what was founded in eighteen ninety nine. So these are national icons, if somehow. You know, the PR firms of these companies are not able to control the narrative in somehow, the narrative comes out that Renault is, he's taking over Fiat Chrysler in this man, one of the key issues. We don't know where, where the effect of headquarters of this company is going to be the fifth turns out, it's in Paris, and it's not in Detroit or turn, you know, that's gonna be a sticking point. You can find our full coverage of the proposed merger at WSJ dot com. You might know ADP is the biggest name in payroll. But that's just the beginning because ADP is transforming the way great work gets done with HR talent time benefits and payroll informed by data and designed for people, that's ADP always designing for people. On to markets in Asia markets, were mostly muted after US markets were closed on Monday for Memorial Day. One thing that's cheering investors. The prospect that Alibaba, the Chinese e commerce giant that's basically Amazon, EBay and pay pal in one might be pursuing a second listing from Hong Kong are markets editor, Quentin Webb has more home. Call today with this idea that Alibaba could listed Hsieh's hair as well as having a stock market listing in New York where I think it set records by raising twenty five billion dollars..
"fiat" Discussed on The Bitcoin Podcast
"I don't know how even do because right now, there's no Tim, though, Sony Buchan, Microsoft, they all got the game on law. I don't agree with that. Because in market hitting. You're not trying to build a better product. On top of each other. You're trying to figure out what are we trying to solve if I'm coke? I can't make a better beverage than Dr Pepper. I have to create a different taste. What problem is crypto trying? The solve Fiat is already more convenient. It's more intuitive is accepted everywhere the US government, they're incompetent, but they're not scamming you with initial fee offerings. There aren't thousands of variants that are indistinguishable from one another if someone robs you there's financial institutions back you up. Crypto can't solve that right now. That's why people are lazy people don't care. That goes courage is says that it defends its money. It's how you defining money. But it goes against your analogy, you build something better. It needs to have an easy solve a problem that something else, isn't that? Great. I agree with that wholeheartedly. Okay. So what problem what problems that we have with money? It's for structure, it's underserved, people who can't get access to sets of things or create a micro community. And then make a living off that micro community based on the interaction of value within it. Right. You can people would quit their job in mmediately. If they could do what they loved in a community that supported them and get paid to do it. Yeah. There's not a really good way to do that. But without a large amount of these days. I think currency allows for that set you can come up with new ways of making money because cryptocurrency is basically just digital scarcity. It's a way to like sin value over the internet without having to rely on someone else to verify it for you. That's it and that allows for small communities of people who care about something similar to transact with each other value as opposed to transact information right now with the internet. He will. Create echo chambers information really easily, but there's no value associated with it. When you add value that type of thing, you're going to build a lot of different like social structures that allow people to make a living off the thing they love doing at not essence be a slave some job. It'd be unhappy. Yeah. I mean, yes, I think the biggest problem is that right to because we're gonna talk finance or we're gonna talk money, right? It is undeniable that even at this point right now, I'm talking objectively not subjectively Curto currency is already better than any Fiat in existence. That's a objectively is a fact that's obvious shit s- threes. Why it's come the way it's came in this amount of time. Now, the problem that cryptocurrencies having is when we're talking about is the subject of point in honestly, a lot of that comes from miss education in even more than that this education, meaning people purposely miss educating you so that you don't understand that. Because if you if you start looking at the finance world, and you look at our just say just the US and you look at the history of the. US dollar our monetary systems prior to that up until this point this shit is a fuck it's a shit show. It's a complete shit show. It's a smorgasbord of basically scams. You know what I'm saying? But people feel comforted by why? Because people were comforted by the idea of government. They're comforted by the idea of banks. Right. But at the end of the day, they're confident comforted by the same people. That's technically, Robin the fuck out of him. So if you've been taught in a world to basically follow you've been basically blinded to think that the people were Robbie Muir actually good guys, you're going to continue to usually operate in that way, it's only through education that people are going to be able to open their mind see outside of the box of the Fiat world understand crypto currency. And I can only say there's only because I've had this conversation with several people in you sit down you lined up. The fact. And a person has the mind open enough to go outside of their comfort zone, Fiat, and they just objectively laid out facts. It's like, ding, ding, ding. It's like, oh what the fuck..
"fiat" Discussed on KIIS 102.7
"Brought to you by testing Toyota. Fiat glendale. Got a condo. So. Pop. I'll bet. Else? If you. If you own. Just. Sir. Lucky? Lucky for you. rico? Thomas. In paris. Tell me who. Is it? Saves. Just deserted. Vision. Lucky for you. Lucky for you. Kiss FM..
"fiat" Discussed on CRYPTO 101
"Built by bankers, and that was what Mario brought. And we launched in the summer of two thousand fourteen. We launched on coin ex, and this was the first crypto Fiat exchange out of southeast Asia. We started instable with clinics. Were you doing the Asian currencies to clinics or the US dollars pound or what was your via to cripple exchange currency with Mario building FX exchanges in the past. So Li immediately launched with at the five or six. Fiat currencies USD obviously JP y. Singapore dollar remedy Australian dollar over remember euro. Yes, we had all those noble because as you know, in two thousand fourteen, there was still no ethereal. There were still it was only bitcoin in maybe like by coin was there or something like that. So there was no need for a crypto only exchange. People wanted to buy bitcoin by the only way to buy it was through Fiat currency. So we have to have at u. s. t. r. s. GD or j. your instincts right now you went, you're born in Japan, went to school in the United States. I've been in Asia as listeners know for about fifteen years when it comes to blockchain people's ideas of maybe the future or the technology, what do you find the differences are between the west and the east? Also, I think they're essentially saying except for one thing. So I think in the western. World. They look at blockchain as -application to build services on top of it that similar nature as well. But one more thing that is very different is in Asia. They looked at crypto currency more as a financial asset class as investment as well. Right. So for example, when you live in the US, the US dollar is the global currency is the dominant currency that is used for International Settlements, trade finance and everything that when you need trusted currency US dollar is while when you go to Asia with predominantly like export import manufacturing and you.
"fiat" Discussed on Venture Stories
"And here I am totally agreement that I think the sufficiently suitable form of government issued Fiat could absolutely display stable coins. I think it's pretty unlikely for a few reasons though. So the first thing is that it's very, very unlikely that the US government is going to issue a stable coin or sorry, issue on chain Fiat anytime soon. The US government is extremely risk averse. It has the most to lose from participating in the issuance of digital currencies. Most likely, many other much more sort of centralized and authoritative governments are going to start first in issuing digital currencies, and especially given that the US government has, you know, essentially is is running the reserve currency of the world. It is the most infrastructure that. To be updated, be able to prepare be prepared to interrupt with Blockchain's my guess would be that. You know, the US dollar would be one of the last to ever become on chain Fiat if unchained Fiat didn't in fact become a thing. So most likely the governments that were to issue on chain Fiat I would not be the most interesting currencies to hold. You still want something that was pegged to the US dollar because that would still be the reserve currency of the world in sort of in practice. And the second aspect of it is that if those, let's say the US government does decide, you know what was still reserve currency, the world. We're going to issue some on change Fiat. However, that on chain Fiat is, for example, tied to your identity in the real world, and there are restrictions on where you can send it, and it automatically applies taxes and tariffs improbable, my guess is going to be that that version of the digital US dollar is not going to have the properties that people wanted out of, you know, the the, the, the USD pegged Stevens that they originally invented in being that their censorship. Their border lists, they can be transferred anywhere in the world. There's no central oversight over where those things go in no restrictions on how you can use them. My guess is they're going. There's going to be some fairly significant demand for the peg US dollar that could be spent in an international marketplace without any restrictions. Most likely, though, if the US government or a similarly, powerful government does issue a stable on chain Fiat though it's probably gonna eat the majority of the volume running through sable coins, but almost certainly they will not wipe out all of it because there will be, I would guess a lot of market demand that's not satisfied by a sort of government back in most likely government monitored Fiat Fiat corn. So that'd be my take. But in the end, all these things are so far away that you know, bitcoin becoming stable or governments issuing serious on chain Fiat I, I think that is all you know, many, many years away, not a decade or more zooming out a little bits is dumped. Where are you most excited at you? Invested stable messages going. If not what we need to be for us. Yeah. So we, we have invested in basis. We were early vessels. They're good friends with the founders business. I think they're super fascinating project were they were one of the early innovators in the senior chairs space in a lot of these other protocols that have come up really came out when they saw the successes of basis. Very early on the the I, I'm really excited by really curious to see how they evolved the protocol as keep trying. I mean, you know, and like I mentioned earlier answer, I'm also very fascinated by the Columbus stable because I suspect they are going to be probably for the next few years or the next couple of years. At least the predominant place where a lot of this value is exchanged until there is some kind of event that makes the market lose confidence in these Fiat collateralized coins. So I find this base super interesting. At the same time. I do have the side of me that you know is kind of where miles claim to be, which is that you know, there's, there's always a healthy skepticism that I approach each of these..
"fiat" Discussed on The Crypto Street Podcast
"In in Rome with that, but everyone ran with or seems to me every cooler and that's even if they've operated, you know, like with with any kind of with any kind of values in the respect to to their community. Because you know there are all the exit scams, like the mercury protocol who just decided to change everything about how they how they initially decided to pitch themselves. Nobody immediately Fiat pegged their crypto and a hike. Well, after the ICO. Is something ever. I read on Twitter in something that what do they call the consumer is a consumer Togan and it's not coins be speculated on they pegged Fiat after ever. I think I think below there is yo- brise it's like, whoa. While I want invested to have their money to lock their money in against inflation, like. It's just choose. It's. Yeah, it's. No more out of save some value and to show you how, how, like how widespread and rampant degreed was taken example like tasers. Okay. So tasteless raised all this money. And at one point they said they were going to liquidate part of that massive amount of money they had and put it in traditional assets like bonds stocks, you know, bonds that are paying maybe five, six, seven, eight percents. If they're lucky, which is a really smart thing to do, you know, with all of it, but with a part of it. But people were outraged at that decision. And I was like, you guys are out of your minds like this is a perfectly smart thing to do. But the mindset at the time was this is never going down. Look. They could have all their money and all they couldn't have because they had too much of it, but they could have bought all of.
"fiat" Discussed on P&L With Pimm Fox and Lisa Abramowicz
"I actually would choose fiat chrysler right now and the reason is the transition that gm and ford or making right now on ford made a very bold statement about this that they will be by twenty twenty only making the mustang in the focus crossover vehicle but fiat chrysler is already done this they've done this over the last two years they're in the process they're on a cadence converting four plants from car production to truck suv production so we've seen that stock you know do very well and they're really the very well positioned right now already with that that bias towards truck and suv production over cars recommending fca instead of putting money into ford or putting money into in by topic with right now it'd be fca okay what effect you think that nafta trade talks are going to have on investments in the auto sector it's still hard to tell because it's it's such a complex equation about how the you know parts move from between the three countries when they get integrated into the car where the cars eventually made in ships but you know overall net net it will be bad for the autos because it will it will disrupt the supply chain and potentially add cost in that is just just parts moving within the same company or you know or those parts from suppliers david i want to turn our attention a little bit to the credit side of things auto loans total outstanding has surged over the past eight years now it's starting to get more expensive to borrow given the increase in short term rates i'm just wondering did any of the companies have they addressed their concern about sort of rising credit costs crimping demand.
"fiat" Discussed on Masters of Scale with Reid Hoffman
"The fact of having so many enemies unified very very much the family i'm very grateful to my grandfather's generation and my cousins every one was very supportive and everyone put personal money for the company to be stronger and really to make sure that it had the necessary capital to go food this turnaround sold the family was an incredible plus fiat now a family concern broke free of its financial burdens and began a process of reinvention working on the launch of the fiat five hundred which was launched in two thousand and seven which was done the fifth anniversary of when it was first launched and that was really the moment where things start to really take can be positive and two thousand eight was the record earning year in fierce history two thousand eight also happen to be the year of global financial meltdown as i pointed out to john out of one fryingpan into another of zachary exactly two two thousand eight which should have been fiat's banner year was instead the euro theats fire sale we went for a massive exit size of simplifying we had too many companies we want to be in less companies that we want to be in global businesses can compete in a global scale and the reduction of complexity definitely was of immense help you had your own global upbringing i mean many countries many languages many cultures how did you cut a map between which are the global opportunities which are the right businesses of the future to focus on within the family portfolio so all answer you in two ways the first one is the reality is when you need.
"fiat" Discussed on The Critical Path
"Yeah i know i know the the doubters application we struggled with was what went la houses can affect that people's lives if if if i can't the use it to replace fiat um it seemed like kind of an amusing exercise young back in in phnom you know when when the when the web was really starting to kick off when i asked the cell showed up in an in a kind of the more formative blocks beyond just you know the ability to to bring up a website on showed up in and you were starting to get um in the likes of amazon but a very very small version of that feels like where we are right now it's pretty clear that the mechanics of exactly how you do an ico or not quite you know gelled yet some decimal some things have been tried but we're we're really not we don't have the esa cell moment or something like that figured out yet not yet feel like this where yet absolutely ed u n remembered also all the issues there were were were being faced the security issues that people didn't know how to use thing that are howard credit card state you would you would really type in your credit card into a web browser that seemed like such a stupid thing to do a lot of people were laughing at it and and then we had span we had abuses of all kinds and yet you know the smart.