35 Burst results for "Garner"
A highlight from 1401: FIDELITY: Bitcoin Will Hit $1 Billion Per Coin By This Date
"In today's show, we're going to be discussing Bitcoin ignoring the CPI and FTX as the price action hit us a September high of $26 ,600 as the bulls are back in control. We'll also be discussing the court approving the sale of FTX digital assets, meaning the assets will be sold off weekly with special handling for Bitcoin and Ethereum and insider affiliate tokens. Also breaking news just in, Congressman Tom Emmer launches an anti -surveillance state act with 49 Republicans in a new push against CBDCs, central bank digital currencies. Also the SEC chairman Gary Gensler says crypto is a field rife with fraud, abuse, misconduct. It's daunting. We'll also be discussing breaking news, $800 billion asset manager Deutsche Bank partners to offer Bitcoin custody for institutions. Let's go. It virtually means that the bank can now hold crypto directly for its clients. Also in today's episode, we'll be discussing, can the Bitcoin price achieve fidelities? $1 billion price target by 2038. That's right, the $4 .5 trillion asset manager is predicting that one Bitcoin will eventually be worth $1 billion per coin. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. With that being shared fam, welcome to everyone just joining us. This is pod episode number 1401. So let's fricking go. Today is September 14, 2023 and the crypto market is back in the green. Shout out to everyone out there in the live chat. It's good to see the entire Bitcoin fam. So yeah, let's kick it off with our market watch. As you can see, Bitcoin is trading back above $26 ,600. We also have Ether trading back above $1 ,600 and virtually most all the major cryptos are in the green minus BNB barely in the red. And checking out coinmarketcap .com, the current crypto market cap sits just north of $1 trillion with $28 billion in volume in the past 24 hours, but the Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .6%. So yeah, checking out the top 100 crypto gainers of the past 24 hours. We have Axly Infinity leading the pack trading at $4 .73 up 11 % followed by ThorChain up 5 .5 % trading at $1 .65 followed by Conflux up a modest 5 % trading just above or I should say just shy of 12 cents. And checking out the top 100 crypto gainers for the past week, we can see virtually everything is in the green minus a handful including Scamcoin FTT down 5%. Axly Infinity leading the pack here as well up 12%. And as you can see, the alts are pumping. That's what's up. How many of you took advantage of this recent price dip? Let me know. And how many of you are gonna be hodling into the next Bitcoin halving, which is roughly six months out around the corner. Holla at your boy chat. I appreciate the interaction. At the end of the show, I'll be reading everyone's comments out loud. And how you doing today for Christ's sake? Holla at your boy. Don't be a stranger. And with that being shared, now let's dive into today's Bitcoin technical analysis. Check out the charts and what is popping with the King crypto. Here we go. Bitcoin hit new September highs after the September 14 daily close as markets digested macroeconomic as well as crypto. Industry news, which you can clearly see here in the Bitcoin one hour candle chart. Now data from Cointelegraph and TradingView tracked the Bitcoin price highs of 26 .5 over on Bitstamp and Bitcoin had shaken off the higher than expected US CPI the day prior, which we covered here in the show, maintaining that 26 ,000 support. Subsequent confirmation that the defunct exchange FTX had received legal permission to liquidate its remaining assets likewise failed to dent Bitcoin's comparatively solid intraday performance. And a little later in the show, I'll be sharing that ruling directly coming from the courts in regards to the FTX assets being sold. Now coming up to the range highs and once we flip these levels, we can look to finally get into a safe position and long since popular crypto trader, Crypto Tony and fellow analyst, Dan Crypto Trade suggests that the overall Bitcoin market dynamics have changed versus the period of weakness seen around the monthly close. Quoting this gentleman here, market feels different this week. The dips are being bought up relatively quick and while the price keeps sweeping highs, it keeps crawling itself back and leaving the lows untouched. The spot bid is also stronger than the past few weeks, might be wrong, but I am optimistic. Let me know if you agree to disagree with the analyst and additional analysis predicts that the longer term Bitcoin price breakout should US regulators approve a Bitcoin spot ETF or which we all know is inevitable over the coming months. He also says that BTC .d is still holding on the previous range high, which is the Bitcoin dominance chart and in the CHOP region, but ultimately says, I think this would go higher in case of a Bitcoin ETF approval one day. Yeah, that's right. They can only push it back and delay it for so long. I believe the next day they have to acknowledge it is in October and more than likely Gensler and the SEC is gonna push it back till next year. That's just my two Satoshi's. Let me know your thoughts, fam. Now more cautious was Trader Sku who referenced the on -chain volume prime to cool once more after the relief rally, quitting him here. The daily structure looks fairly good here and decreasing volumes. So could definitely be looking towards a relief rally before lower as the commentary read, noting the Bitcoin was still holding the key 25 ,000 level. Now with Bitcoin up just 1 % month to date at this time, Bitcoin is nonetheless on course for its best performing September and years. As we know, it's usually September, pun intended. According to data from monitoring resource CoinGlass, the last time Bitcoin gained in September was all the way back in 2016. That's like holy moly, seven years ago, fam. That year was its best on record at a modest 6 % while its biggest red September bear month was two years prior when it lost a whopping 19%. Talk about total bloodshed, right, fam? Now in 2022, Bitcoin shed 3 % before climbing another 5 % in October, which is a popular month amongst the bulls who informally referred to it as Uptober. So hopefully, God willing, we have another Uptober here right around the corner as we're already halfway through with September. With that being shared, fam, let me know your thoughts and outlook on the current landscape of the crypto market. Do you feel we're likely to correct lower or do you think we'll continue rising back towards that $30 ,000 level psychological resistance? Let me know, chat. And now let's break down our next story of the day and discuss the latest judgment coming from the courts regarding the FTX asset sales. Here we have it. This is just in, the Delaware Bankruptcy Court approved the sale of FTX digital assets. We have Judge John Dorsey who made the ruling at a hearing yesterday, September 13th. Major changes were made to the draft order authorizing the sale the previous day. Now as you know, there's been a lot of FUD of people talking about all the assets, billions of dollars worth of crypto is gonna get dumped and it's going to wreck the market. Well, there are some caveats, so it's important I share them here. FTX will be allowed to sell the digital assets excluding Bitcoin, Ethereum, and certain insider affiliated tokens in weekly batches through an investment advisor under pre -established guidelines. There will be limits of $50 million for the first week and $100 million in subsequent weeks. There will be an option to increase the limit with prior written approval of the creditors committee and ad hoc committee or to raise the limit to 200 million weekly with the approval of the court. So they can't dump it all at one time which is good for the bulls, right? Now Bitcoin and Ether and insider affiliate tokens can be sold through a separate decision by FTX. After 10 days notice to the committee and the US trustee, the US trustee is appointed by the US Department of Justice. Now I'm curious what those insider affiliate tokens are. If I was to guess, I'd guess FTT, that scam coin, Bankman Fried created out of thin air and I'd also throw Solana in there, but what are your thoughts, fam? Let me know. Those sales will also be conducted through an investor advisor. Information about the sales will be subject to professionalize only and confidentially restrictions with a redacted version accessible to the public. The sales will be subject to written objection by the committees and the US trustee. And in that case, the sales will be delayed until the objections are overcome or the court orders a sale. Quoting Bak Ubu here, FTX adapts crypto sale plan to address the US government concerns. FTX, the bankrupt crypto exchange is making changes to its proposal for selling billions in crypto assets. That's right. And I just broke down ultimately what you need to know. The conditions on the latter sales were added in the draft submitted September 12th, a couple of days ago. They were regarded as cautionary moves to ensure the market stability during the influx of FTX assets. Some observers noted that the sales will represent only a small portion of the trading volume and may not have a heavy impact. But according to a recent shareholder update, FTX has $833 million worth of Bitcoin and Ethereum collectively. FTX can enter into hedging arrangements using Bitcoin and ETH with the private approval of committees and can use them for staking according to the guidelines. The FTX token, as we know, is FTT, cannot be sold without further court authorization. Well, good for them. Glad to hear they're not authorized to sell their scam coin and dump it onto the market. That's definitely a good sign, wouldn't you think? Now let's break down the next breaking story of the day. Gotta give respect and credit where it is due. We have US Congressman Tom Emmer who made a very strong anti -CBDC stance and we know that's the central bank digital currencies which the central bankers are gonna be rolling out and I know their pilots have already began rolling out around the world. So let's discuss this anti -CBDC push because I'm all for anti -CBDC. That's why I promote Bitcoin every day here on the pod. Bitcoin is the antidote to the CBDC. Let me know if you understand what I'm saying. Now Congressman Tom Emmer is leading the reintroduction of the bill that aims to prevent the Federal Reserve from creating a digital dollar. God bless him. Emmer says on the social media platform X that if it isn't designed to emulate cash, then a CBDC would dismantle the American's right to financial privacy while also emboldening the administrative state. Facts. The majority whip says that the new bill attempts to prohibit the Fed from issuing a retail CBDC while protecting innovation and any future development of true digital cash. This bill puts a check on unelected bureaucrats and ensures the US digital currency policy upholds our American values of privacy, individual sovereignty and free market competitiveness. The administration has made it clear. President Biden is willing to compromise the American people's right to financial privacy for surveillance style CBDC. I don't believe in compromising American rights. That's the bottom line. If not open, permissionless and private like cash, a CBDC is nothing more than a CCP, which we all know stands for, right? Style surveillance tool that will be weaponized to oppress the American way of life. Preach. I couldn't have said it any better myself. I stand by what he is saying because I know it's fact. Now while official, the concrete plans for the CBDC haven't been released by the US government as opposition has already formed, which is a good sign. We also have US candidates who are running for the presidential election next year in 2024, including current governor of Florida, Ron DeSantis, who is running as a Republican. And we also have Kennedy Jr. who is running as a Democrat who are both pro Bitcoin and anti CBDC. So we must stand strong and oppose these weapons of financial mass destruction, which are better known as CBDCs. So again, much respect to the congressmen and those making this push. Now last month we also had Ohio Republican Warren Davidson said the CBDCs pose an existential threat to the Western civilization and was committed to fighting against them. Davidson said that he wants to prohibit the CBDCs because they threaten other digital assets like Bitcoin and impede the development of the beneficial financial technology. Facts, quitting him here. Central bank digital currency poses a serious threat, tall digital assets, as I said, at flyover FinTech. Many people wrongfully conflate even Bitcoin with a CBDC. Ignorance is bliss, huh? At least most agree that CBDC is evil, the financial equivalent of the Death Star. Great reference to Star Wars there. Don't become an accomplice to anyone designing, building, testing, developing, or establishing CBDC. Banning a CBDC is essential to the American's FinTech future. So there you have it. What are your thoughts on CBDCs if they roll out, which more than likely they're going to eventually at a theater near you, are you going to participate in them, is the million dollar question. What if they give you a stimulus and they promise you, we're gonna give every American $5 ,000 of this digital dollar, AKA CBDC, central bank Ponzi scheme currency. What are you gonna do about it? I say just say no to Bitcoin, or I'm sorry, just say no to CBDCs and fight it with the antidote, which is Bitcoin, by simply stacking stats today and preparing yourself so that you can fight the tyrants who are trying to take over our country. Just saying, fam, let me know if that resonates with you. And with that being shared, now let's break down our next story of the day and discuss the latest with Mr. Gary Gensler, the chairman of the SEC and what they recently shared with Congress regarding cryptocurrencies and enforcement. Here we go. The chairman of the SEC, everyone's favorite huckster, Gary Gensler talked about cryptocurrency during his testimony before the US Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, two days ago. Reiterating his views that most crypto tokens are securities, Gensler told the lawmakers without prejudging any one token, the vast majority of crypto tokens likely meet the investment contract test. Given that most crypto tokens are subject to the security laws, it follows that most crypto intermediaries have to comply with the security laws as well, quoting the chief right here. In terms of crypto, I've been around finance for 44 years now, and I've never seen a field that is so rife with misconduct. It is just, it's daunting. He further described the crypto industry right now. Unfortunately, he says there's significant noncompliance and it's a field which is rife with fraud abuse as well as misconduct. Now the Senator Bill Hagerty asked Gensler during the hearing what the SEC needs to see from issuers to approve a Spot Bitcoin ETF. Wouldn't you say that's a great question? Following the recent court ruling in favor of the grayscale investments, now the court found that the securities regulator, denial of grayscale Spot Bitcoin ETF app, was arbitrary and that the SEC Chairman Gensler replied with the following, we're still reviewing that decision. We have multiple filings around Bitcoin ETF products, so it is not just the one you mentioned, but there's multiple others. We are reviewing them and I am looking forward to the staff's recommendations. So there you have it. How do you feel this will likely play out regarding the regulators and crypto choke point 2 .0 as it continues? Do you think it'll keep pushing innovation outside the United States? Or do you feel that it's just a matter of time and Gensler's no longer gonna be able to push back these deadlines for the SEC approvals? Because we all know once the Spot Bitcoin ETFs get the green light from the regulator, it's game on. There's literally trillions upon trillions of dollars right now sitting on the sideline just waiting for that freaking approval. And if it wasn't for the SEC, we'd already had a Bitcoin Spot ETF a decade ago because that's how long they've been denying them, right? In fact, the very first Bitcoin ETF application was submitted by the Winklevoss twins of the Gemini exchange literally over a decade ago. And while they keep approving these futures ETFs which aren't in the investors best interest, but to keep pushing back the Spot ETFs which benefit everyone makes no logic except they're doing what they do because that's what they do and let's leave it at that. And with that being shared, fam, now let's break down the latest breaking news regarding Deutsche Bank. This is big news coming from another major institution and then I'll be breaking down the $1 billion fidelity price prediction for the King Crypto. That's right, they're saying that one Bitcoin will eventually be worth $1 billion per coin and then we'll dive into our live Q &A. So yeah, here we go, breaking news just in. The German bank, Deutsche Bank, was one of the handful of companies to invest in a $65 million Series B fundraising round for tourists in February of this year. The company offers enterprise -grade infrastructure to issue managed custody and trade, cryptocurrencies, tokenized assets, as well as NFTs and other digital assets. Let's go. Now according to Taurus' co -founder, Lamin, the partnership underwent a thorough and very detailed due diligence process before the German bank decided to use its infrastructure services, quoting them here. It started end of 2021 and ended somewhere in 2022. We won the deal a couple of quarters ago and as previously reported, Deutsche Bank has been brewing plans to offer crypto custody and trading services to its clients over the past three years, since 2020. The bank most recently applied for a digital asset custody license from Germany's financial regulator, Baffin, in June of this year, as it continues plans to offer its customers access to crypto markets as well as assets. Now brain, aka, confirm, whoever that is, the agreement is global in scope with tourists providing custody and tokenization tech in line with the local regulatory requirements. Let's get it. Good stuff. And I appreciate the live chat right now. I am tuned in and checking you guys out. Much love. Any questions, feel free to drop them. And again, at the end of our premiere story with Fidelity, we're gonna be reading those comments out loud. Anyways, announcing the partnership, Deutsche Bank Global Security Services head, Paul Maly, said that crypto space is expected to grow to trillions of dollars of assets and is likely to become a priority for investors and institutions. Preach, that's a given, right? Meanwhile, Deutsche Bank's asset management arms, DWS Group, had reportedly been in discussions to invest in two different German -based crypto firms in February of this year. This includes crypto exchange -traded product provider, Deutsche Digital Assets, and market maker, platform, Tradius, Deutsche Bank Singapore, and Memento Blockchain also recently completed a proof of concept called Project DOMA, which stands for Digital Asset Management Access, which allows for the management of digital funds and tokenized securities. And founded in Switzerland in 2018, Taurus' Series B round was led by Credit Suisse and included the likes of Deutsche Bank alongside Arab Bank Switzerland, indicating major interest from traditional financial banks. Let's go. The announcement of its Series B round also clearly outlined Taurus' aim to serve tier one banks in Europe. And they also told Cointelegraph that the platform serves close to 30 banks, with most deals going beyond cryptos to including tokenization of equity debt as well as other products. Deutsche Bank is set to offer customers crypto custody options through a partnership with the cryptocurrency infrastructure platform, Taurus. Now obviously, this is a major, major deal when you have a $800 billion asset manager, such as Deutsche Bank, partnering to offer Bitcoin custody for institutions around the world. The bank can now officially hold crypto directly for their clients. So there we have it. Another one bites the dust. And now for the moment you have all been waiting for. Let's discuss this $4 .5 trillion asset manager, Fidelity, which I believe, correct me if I'm wrong, is the second largest asset manager in the world, next to BlackRock that controls over 10 trillion in assets under management. They're predicting, their head of global macro, Julian Timmer is predicting that the Bitcoin price hit $1 billion per coin. So let's break this down, shall we? And then we'll dive into our live Q &A. Here we go. Fidelity's prediction for Bitcoin. We have Julian Timmer, director of global macro at Fidelity, put forth the notion that Bitcoin, the king crypto, has the potential to reach a value of $1 billion per BTC in roughly two decades, specifically around the year 2038. So there you have it. Right now we're in 2023. So what is that? Roughly like 15 years out. To supply the forecast, Timmer employed a combo of models and charts with particular focus on the stock to flow model and his own demand model. These analytic tools form the foundation for his primary prediction. And speaking of stock to flow, massive shout out to Plan B, creator of the Bitcoin stock to flow model. Now he believes, along with the stock to flow, the data, which doesn't lie, that the Bitcoin price is subject to hit between 100 ,000 and a million dollars after the halving in 2024. Let me know if you agree or disagree with the stock to flow prediction. And now we'll get back to this analysis from Julian Timmer of Fidelity. The above demand model employs Metcalfe's law, and according to the numbers of its users, grows linearly, the network's value, or interfiends, the Bitcoin price, grows geometrically. This means that the utility of the adoption of Bitcoin are expected to grow more rapidly compared to its network of users, exchanges, ATMs, and participating retailers. Therefore, this model predicted that the Bitcoin price will reach $1 million, which is seven figures, by the year 2030. Now I'd also like to throw out there, we also have Cathie Wood of ARK Invest predicting a $1 million Bitcoin price by the year 2030. In fact, if you've been following my show, then you know her bear case scenario is over a quarter million per BTC in 2030, her base case is over 600 ,000, and her bullish case is $1 .48 million per BTC. There's other big analysts and financial institutions as well, just as bullish as Cathie Wood. So I just wanted to throw that out there that there's others in agreement with Jurien Timmer thus far on this Bitcoin price prediction. So yeah, in contrast, Timmer's stock to flow supply model noted the event of significant price surges during each halving event. Consequently, when considering this model in conjunction with the other factors, it foresees a Bitcoin price range of $1 million to $10 million for Bitcoin defined by the year 2030. Timmer's demand model is more inclined towards reflecting the bottom of the Bitcoin price. But on the other hand, the stock to flow model seemed to provide a better approximation for the peak of Bitcoin. However, it's worth noting that the disparity between these two models widened significantly beyond the year 2030, which is where things get interesting. The reason behind this gap is expected to be the changing value of the dollar, as many, many economists are anticipating the crash of the dollar in which Jurien Timmer is as well. So Timmer proposes that the value of the dollar undergoes fluctuations over time when compared to other traditional assets. For instance, if just $1 was invested into the stocks during the 18th century, its present -day value would be roughly $4 billion. You mean to tell me $1 invested into stocks in the 18th century is now worth $4 billion? That tells you everything you need to know about fiat currency, folks. Now similarly, Timmer implied that if $1 million was invested today, it can grow to $1 billion in just a span of 20 years. This further revealed that the purchasing power of the dollar has significantly reduced due to factors like inflation and depreciation, and let's not forget, money printer continued to go. Just saying. Thus, Timmer's statement implied that keeping a fixed amount of dollars for many years may lead to a reduced purchasing power due to the assets' changing value, and over the last few years, an increasing number of are companies taking over the $1 trillion market cap, and as a result, it's foreseeable that in the next two decades, the concept of a trillion -dollar valuation will become more common. Yes, right, so much that individuals themselves could be worth a trillion dollars or even more. The scale of numbers may even reach the quadrillion range. Like, whoa, so is this milestone still achievable for Bitcoin is the million -dollar question. So despite Bitcoin's historical growth, it had recently faced a significant setback. Bitcoin's network activity had diminished, and it had fallen behind in comparison to Cardano's network, for example, the number of active addresses in the Bitcoin market had experienced a notable decline when compared to the levels seen in 2021, but we also gotta note that we're currently in a bear market, past couple of years. We hit the cycle peak back in 2021, and we soared. Remember COVID era? Bitcoin dumped all the way down to like $3 ,500 range, and within a year, by the end of the fourth quarter of 2021, we hit that all -time high, which is the current high of $69 ,000. So this just goes to show you how fast Bitcoin can climb during a bull market, and we know the past couple of years have been bearish as all hell, right, especially 2022. We had the collapse of Terra Luna. We had the collapse of FTX being the second largest crypto exchange at the time. There was mass contagion. Everything was impacted. We dropped to a new cycle low of 15 ,700, but I think the bottom is past us. What's your thoughts, chat? Do let me know in the comments so I can read those out loud here in a little bit, but let's finish up this prediction. The higher network activity, like increased transaction volume or active addresses, is viewed as a positive indicator for the growing adoption for Bitcoin. This can create a sense of confidence amongst investors, potentially leading to the rise in demand and positive effect on the price action, and although Timur's prediction may be considered far -fetched and lacks empirical evidence, it doesn't completely dismiss the possibility of Bitcoin reaching such levels. The concept of de -dollarization has gained stature, shifting global attention towards alternative currencies. The shift in focus is expected to drive the demand for assets like golden crypto, such as Bitcoin, and with BRICS pushing for the fall of the dollar, the BRICS currency and Bitcoin are expected to garner continued momentum. So there you have it, fam. What are your thoughts surrounding this whopping $1 billion price prediction for the king crypto by the year 2038? Do you think it's realistic? And before we even got to that billion prediction, what about $1 million by the year 2030? Do you think this is realistic? Do you think this is a pipe dream? Do you think this is conservative? What's your honest thoughts? And where do you feel the dollar is likely to go over the course of the next few years? Do you think it will not even be in existence and will be replaced by the digital version, which is the CBDCs, central bank digital currencies that Congressman Tom Emmer and many others are warning you about? Let me know your honest thoughts. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Hannah Sesay, VP of Health & Safety for Ferguson, Knows How to Get Leadership Buy-In
"We were talking about getting leaders buy in, which been fortunate to work with you through several different companies. And one thing that's always been consistent is you seem to always have their support. You seem to be at a garner the support of your leaders. There's so many state professionals I work with, and it's it's a real struggle. And they're like, hey, I want to do this. But, you know, I don't know if the company's going to support me and whatnot. But you through very different types of businesses have been able to get the support of your leaders. And you mentioned something the other day that you thought was important with that. And you termed it professional courage and conviction. Tell me more about what that means. Well, I think I mean, and I can see how people will struggle sometimes to get leaders buy in to to to move anything, initiatives or anything like that. But I think it's good to recognize that the fact that you work for the company, the company have recognized the importance of the role. I think that that's a place to start. You won't have a job if they don't think your role is important, especially in this economy where things are going. If your role is not important, you won't have a job. So you start with that. And I think also the reason why you're there, because they expect that you know more than they do in that area. And you're there because of the expertise that you bring. So then capitalize on that. When I first joined Ferguson, there was a reason why they hired. They never had a leader of health and safety before. They've addressed always health and safety, but they never had someone, you know, that's my sole job. Right. They've had a group of people that actually were responsible for the tactical and delivering from health and safety. But the fact that they hired me shows that they want to move in a different direction. And so coming into Ferguson, one of the things that I did was to first understand what the issues were, you know, what the desire of the leadership was, what the expectation of the role is, what do you expect? And it was very clear to me, obviously, at the time, you know what, I need to make sure that I am able to communicate to them what I see as the need and also start making sure that the language that I use is something that they identify with. You as a health and safety person, you have a higher perception of what the risks are. So it's your job to make sure you bring them along. It's your job to get them to see what you're seeing. In most cases, if you're able to articulate what the need is and you're also able to articulate what the return would be if you address that and you tie that to the values of the organization, I don't see why they will say no. You have to be realistic in what you're proposing, too. You can't be proposing to spend 20 billion dollars when the company doesn't even make eight million. That doesn't make any sense. Right. So you have to be realistic about what you propose. You have to be realistic in terms of what return you will get, what needs will be addressed by bringing those proposals up. And you have to have the professional courage to defend it. What I've seen in cases where you don't have, you know, you can't push the needle, sometimes the messenger is not certain in what they're asking for either. And when you're not certain what you're asking for, I do expect people to come along with you. And it's not all roses because I've presented something and they come back and say, we're not doing that. Right. And so I'll go back. But if I'm convinced that that's what we need to do, I will go back and come at it in a different angle. I'll keep coming at it at different angles until you see it. And hopefully I'll hit the angle which you have the same perception that I do.
A highlight from Crypto: It's So Over. We're So Back.
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Sunday, August 27th, and that means it's time for Long Read Sunday. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends. Well, today our theme is where we are in the cycle. I think we are in a very transitional moment and both of the pieces today have something to do with exactly that. The first is by John Rizzo, the Senior Vice President for Public Affairs at Clyde Group and was featured on CoinDesk on August 16th. The piece is titled How PayPal Upended the Crypto Debate in Washington, D .C. John writes, As the end of July arrived, House Financial Services Committee Republicans achieved its goal of passing a bipartisan stablecoins bill. Still, they left D .C. without the broad bipartisan vote Chair Patrick McHenry had labored to achieve. The session ended with new recriminations over old disputes, namely the degree of federal versus state regulation in a new regulatory framework, casting a dark cloud over the prospect of legislation that could garner support from McHenry, Ranking Member Maxine Waters and the Biden White House. And then PayPal and Paxos entered the chat. The surprising unveiling of PiUSD may be the accelerant needed to forge compromise in D .C. and bring about the legal enshrinement of a comprehensive regulatory framework for stablecoins. It may also represent a new, more aggressive strategy for how American fintech companies deal with the federal government and D .C. regulators. Now Rizzo continues to explain just why it's such a big deal. There are a couple parts to that. First, he says the sheer scale of PayPal's reach is really significant. As he puts it, with the flip of a switch, hundreds of millions of users can access and transact in stablecoins through a service with which they are already familiar. But the second piece is the contrast to Libra, which obviously became DM, which was Meta, then Facebook's failed stablecoin project that was announced all the way back in 2019. Rizzo writes, had it succeeded, DM would have presented two challenges which were discussed publicly at the time for the federal government to wrestle with. Libra stablecoin would have launched when the U .S. lacked a comprehensive regulatory framework for stablecoins, meaning it would exist in a legal and regulatory gray space. Beyond that, he writes, its regulatory challenge would have been turbocharged by the fact that Facebook's billions of users would have had access to this sort of regulated, sort of not regulated crypto token overnight. Now while PayPal is not at the scale of Meta and Facebook, Rizzo says, it is at a scale that creates a new urgency to actually reach a compromise and figure out a regulatory framework that is workable. And as he points out, that pressure didn't exist when only a handful of Democrats broke rank to vote in favor of McHenry's stablecoin bill. As he puts it, Democratic policymakers in D .C. who resisted McHenry's stablecoins bill in search of a better deal must account for the prospect that stablecoin adoption and usage could speed up rapidly soon, heightening some of the risks that D .C. policymakers identified when assessing stablecoin regulation. Interestingly, Rizzo also points out that PayPal is operating in an area where the federal government's ability to intervene is actually somewhat limited. The piece continues, forcing financial policy innovation without the pre -approval of regulators is daunting unless you operate in the one area of financial services primarily regulated by states. That's PayPal's ace in the hole. It's the reason it could partner with Paxos Trust and change the pool of potential stablecoin users overnight. Its core business, money transmission, is regulated through a state -by -state licensing regime, meaning the federal government's ability to impose a cost on PiUSD's backers for launching a stablecoin without seeking prior approval is limited. Basically, Rizzo's argument is that in this launch, PayPal claimed power instead of asking for permission. He concludes, Having observed power up close during 14 years of federal service, achieving a result in D .C. is not always about winning the competition of ideas. Instead, influencing power is about power and leverage. Supporters of stablecoins and market participants now have leverage over the federal government in a way that didn't exist weeks ago. It could grease the wheels for a comprehensive regulatory framework for stablecoins in Congress and begin an era in which American crypto companies forced the federal government to deal with them on their terms. Alright, so that's piece number one, and instead of discussing it alone, I'm going to read the second piece and then we'll talk about them both together. The second piece is by Daniel Kuhn, also on CoinDesk, and has the great title, The End of the End of Crypto. Daniel begins, Trying to figure out whether crypto is here to stay isn't as simple as tallying up the industry's wins and losses. For a while there, it genuinely seemed possible that the US SEC could wipe crypto off the map. Then again, there's practically a cottage industry of people who've made it their business to count all the times bitcoin or crypto supposedly died. However, as Daniel notices, it seems like the overall mood of the crypto scene has shifted. Daniel writes, Beginning with BlackRock's surprising move into the realm of crypto ETFs and running through PayPal's just -launched stablecoin, it seems like most of the major crypto news headlines are pointing a way forward. Daniel also points to Ripple sort of winning, SPF going to jail, and 3AC getting sued once again. So, Daniel asks, is the bottom in? He's not sure, but he does point out that, Now that the SEC has finally unloaded its worst against sector giants Binance and Coinbase, FedNow didn't siphon off all interest in crypto and meaningful legislation has passed never -before -seen hurdles, it seems like the worst is over. So what are the risks that remain? Daniel points out things like, The proposed custody rule changes that could put crypto in a hostage situation, DCG's bitcoin trust unraveling, and zooming farther out, quantum computers that could one day break cryptography's back. As he says, there's likely plenty of tail risks and black swans and bitter ends ahead. However, as Daniel says, At this point, it seems clear enough now that Bitcoin is battle -tested, and while governments may want to step up oversight of crypto, the real anarchic core of all of this is basically untouchable. There is a technological force loose in the world that enables completely permissionless transactions and that inspires others to build and build and build, creating a functionally self -perpetuating loop. So, okay, these pieces go together, both I think under the theme of the title of the second one, The End of the End of Crypto. And why I think this is such a compelling title is that in the period after the collapse of FTX and the unveiling of the fraud of SPF, this industry was on very, very fragile footing. I hardly need to say this to you guys as you've all lived through it, but between Operation Chokepoint 2 .0, deplatforming from banks, the ceaseless grind down of prices, one could be forgiven for losing some amount of hope. Now, of course, for those paying close attention, not all that much hope was actually lost. People were fighting fiercely against government overreach, builders were still doing all sorts of weird things, and of course, Bitcoiners didn't care really what anyone else thought. And yet from the outside looking in, we have just gone through a two -part inflection point moment. The parts are exactly what Daniel pointed out. On the one hand, BlackRock planting its flag, which by the way was reinforced by BlackRock CEO Larry Fink on national TV a number of times, and then PayPal exerting its influence, which was of course the subject of the first piece we read. These aren't crypto -native companies rising up, these are traditional finance companies coming back in, or rather saying they never left and that they believe more people are coming in the future. It might not have mattered to those who are still here listening to the breakdown this many months into the bear market, but for the people outside who will bring new energy and new capital into the space, these things are signals and they're big ones. And so yes, I believe it is true we have had and experienced the end of the end of crypto. Until next time, be safe and take care of each other. Peace.
A highlight from THE HASH: Binance's Reported Russia Risk; Coinbase Squares Circle
"This is the hash podcast. Stay informed with the latest on Bitcoin, ETH, the metaverse, web3 and more. All on the hash for your ears. You're listening to the Coindesk podcast network. Hello and welcome to Coindesk TV. You are watching the hash. I am Zach Seward. That is Jensen Asse, Will Foxley over there. It's a three box Tuesday and we are going to do some stories, four of them even, to get you up to speed on what's going on in the world of crypto. I'm ready to start. Let's do this thing. We're talking about Binance now having potentially further issues heaped upon it, the world's largest crypto exchange by volume, alleged to have been serving folks in Russia despite a whole raft of financial sanctions relating to the war in Ukraine. This one could significantly harm Binance in the long run, but this report is now out saying that they have relationships with Russian customers and that is potentially an issue should Binance want to remain in good standing the world over. So let's talk about this one. I'm going to throw it straight to Jen. What's it out to you from this report? Well, if you read the report, there's this Russian businesswoman probably like halfway in the report who says that most people in Russia are familiar with cryptocurrency and use cryptocurrency. And I think the quote was everyone except her grandma. And I think when we look at these Western sanctions, it's obvious to see why so many people in Russia are looking at cryptocurrencies and using it to change their rubles into absolutely anything else. And so, yes, there are Western sanctions in Russia, but there are people who live there just like you and me who need money to do things. And so I can understand why Russians are looking for ways to change their fiat currency into crypto. Now, when we look at Binance, it's like probably the website is not available in Russia, but probably there are Russian people who have found ways to circumvent this. There was another Wall Street Journal article that came out earlier this month that spoke about China. Another, well, there's not sanctions for China, but crypto is just illegal in China. And it talked about how China is this 90 billion dollar market for Binance. Obviously, the website is not available, but the Wall Street Journal viewed documents that showed Chinese users how to circumvent some of the things in place so that they would be able to use Binance. And so I am just waiting for more information here. It is a wait and see story for me if Binance is outwardly showing people in a sanctioned jurisdiction how to take their currency and change it into crypto. I think that they are definitely going to run into issues with the regulators, but I'm just waiting to see if Binance responds to this more than what they've already said. Yeah, I think like the centerpiece of this is the peer -to -peer nature of what they're talking about here, like the peer -to -peer exchange of crypto assets. Russian citizens, of course, who have no involvement with the war, why should they be penalized for this? Well, it's because the Russian citizens and like the banking system that they were using beforehand is being pressurized and squeezed from all sides. And so those Russian citizens are sort of caught in like this in -between zone. So crypto is a natural outlet for them. And I think it shows you the promise of crypto very shortly, just with that war going on. Interesting to get a thought from Binance on this, they told us a spokesman for Binance told the Journal the exchange follows global sanction rules, but they did not return a comment of request from CoinDesk itself. I think this story just sort of follows up though in the eyes of politicians and regulators out there in line with the SEC and the CFTC and others who are pushing against Binance right now. And there's many open investigations and cases and lawsuits against Binance for their involvement in so many different aspects of the cryptocurrency market, from securities to working within the United States or other jurisdictions without licenses. And now you can just add to this list, this open look into what's happening with people possibly using their platform for exchanging assets in a country that right now is sanctioned by the global West. Now the question here, Jen, is like not necessarily like, is this a wait and see, but more of like, what is the reaction from politicians? Like, are they going to wait and see, or are they just going to make a decision and start going for it? And I could see them actually start pushing, especially on Capitol Hill. If we continue to see more issues with the crypto and more bear market pressures and scams, Binance is a pretty easy target just because of the nature of its global business. Throwback to you, Jen. Yeah, I'm with you there, Will. I think you have Russia news, Binance evading Western sanctions, and then just a few weeks earlier you have China news. I think that those are two things that I would be surprised if we didn't hear regulators talking about what's going on, especially given what's happening with Binance. So I'm right with you. Zach, what do you think? Yeah, quite risky for Binance, right? Should this stuff prove to be sort of demonstrably true? This is based on some analysis that I think the journal enlisted from outside blockchain sleuths, right? So should this be a significant thing, this would be quite damning, I think, as it relates to how the US regulatory apparatus is kind of trying to crack down on Binance. So certainly would be growing like list of pains that CZ is facing at the helm of Binance, you know, from the stuff that we talk about all the time, from, you know, hopping from jurisdiction to jurisdiction, to again, helping those who the financial system would not like to be served with the financial options that are available to other people, this is a pretty big one. So interesting to see what the more full response is from Binance. As noted, they've been pretty mum on the issue. History corner will be good. I mean, there's been great journalism from Coindesk on this in the past, talked about the movements of funds between the Chinese and Russian border tether, I think that comes up right here. And then over the summer as well, there was a lot of interesting disputes are back and forth with some senior people at Binance leaving the firm. And then there's, of course, like the layoff of a thousand people. Binance has certainly had a rocky 2023, but hard to pinpoint a crypto company that has not had a rocky 2023. Okay, let's go over to Coinbase and talk about the Circle Consortium, which is now being dissolved, as Coinbase has garnered a or purchased a stake within Circle itself. Circle earlier this year, actually sold some of its stake to Fidelity and BlackRock. So Coinbase joins those two firms. Was this mean? Well, I think Circle is really growing and they want Coinbase to look for the ride. Circle, of course, runs the USDC network. They're adding about six more blockchains for that crypto asset, which is quickly becoming one of the most important stablecoins out there. Zach, I'll throw this one over to you. Just kind of cool to look back and think about like how the Circle Consortium worked. It did its job for a few years, now that professionalizing a little bit more, putting it all under one hood and then Coinbase continues to have a stake in the company by purchasing a stake in Circle. Yes, I will correct you, sir. It was the Center Consortium, not the Circle Consortium. So the Center Consortium is the thing that's being nuked. I think, yeah, this is interesting. I mean, obviously, the addition of additional blockchains stands out, right? Having native USDC on various layer one networks is pretty catalytic for a lot of these networks, right? You want to have that stable unit of account that you can use to zap around money natively on these chains rather than having to rely on a bunch of sort of like, you know, duct tape bridge situations. That I think is super notable. But I think also that there's clearly some interesting behind the scenes here as to why Coinbase wanted to get in on this a bit more actively. I think if you looked at the low to no interest rate environment that a lot of stuff took place in, you know, in the last three, four years, suddenly these reserves are probably thrown off a good chunk of change, sitting in some bank account somewhere, generating interest, generating returns, right? I could imagine why Coinbase would want to be closer to that, because it might represent a decent business line, right? Circle, these are dollar backed stablecoins, they're sitting in reserve somewhere, they're doing that. And if you want to cash them out, you get that dollar back. I think the business economics of being a stablecoin issuer have certainly changed given the high interest rates that we see. So it's interesting that I would, I would imagine that that may have been sort of a catalyzing factor in this change to the approach. And that's certainly interesting to see Coinbase be a bit more active in pursuing it. But yeah, I think probably the new blockchain stuff will have the longest term ramification in terms of again, maybe jump starting some of those ecosystems a bit further. But yeah, interesting business story as well here, I'd say. Jen, what do you think? Well, I read this and this is complete speculation, but I read this and thought, you know, Coinbase has been working very closely with their lawyers, very closely with their legal advisors on the suit that's brought against them by the SEC. There's a stablecoin bill that's being debated on. And I just, I feel like this is, you know, them looking at the industry, looking at the growth of the industry. The consortium was created in, I think, 2018. I think that this is them seeing kind of where regulation is going and making their, making USDC look like other stablecoins that they think are going to make it. And maybe one of those is PiUSD, PayPal, stablecoin. It just feels like they are restructuring, they've looked at the industry, they've seen how it's developing, they've heard what regulators are saying when it comes to stablecoins, and they are being flexible so that they can carry on with the product and again, bring it to more blockchain. So that's my speculation while reading this. I think this is a regulatory response that has been carefully thought through. Well, any last words on this one? Yeah, I'm just wondering about the funding side of these things. So Coinbase has a pretty good books in terms of like revenues, cash flows, and debt on hand. They did recently announce that they're raising about $150 million in debt. I think as of like August 8th, they had about $50 million of that secured. And I'm wondering if that has something to do with this, but of course right now, that's only speculation. We don't really know how they purchase this or how large the stake within this whole new purchase was. So that'd be something I'd be curious about knowing. Coinbase, of course, just a huge company at this point, and they have stakes in so many different business lines, very professionalized company, but I'd be curious about the money side of things. Keep on trucking on. I have to say it every time we talk about Coinbase, despite this lawsuit, they keep moving forward and doing what I think is like really great things for the industry. So they are leading the charge. It's going to be less confusing when writing up stablecoin stories because you always kind of had to mention like center, but it was sort of like, wasn't really key to the story. So it is nice. It'll be nice, like simplistic because the center was circle and Coinbase, and now it's like, let's get rid of that. Yeah, just straight up circle now. That's great.
A highlight from John Zmirak
"Welcome to The Eric Metaxas Show. We'll get you from point A to point B. But if you're looking for point C, well, buddy, you're on your own. But if you wait right here, in just about two minutes, the bus to point C will be coming right by. And now, here's your Ralph Cramden of the Airways, Eric Metaxas. Hey there, folks. Welcome to Monday. Chris, welcome to Monday. Happy Monday. Happy Monday. We've got a lot of exciting stuff. By a lot of exciting stuff, I mean John Zmierak. Yes, ladies and gentlemen, the tornado that is John Zmierak will be with us in hour one today. He's like a weekly groundhog day. You know, he comes around once a week on Mondays, usually, and he's got his teeth bared and, you know, it's fun. He's Punxsutawney Zmierak. So we are so we're going to talk to him in hour two today. We have a new guest. His name is his first name is Tho. And you'll notice that throughout the segment, because he's really good. We take we already taped it. You'll notice throughout the segment. I resist the temptation to say so. What's up? Yeah, there's a lot of what's happening, Tho money, Tho problems. So I but I got to tell you, he really is terrific. So he's in hour two today. We got Zmierak. Now, we got a lot of stuff to cover here. First of all, Chris, before I get to the fun stuff, I want to remind our audience that we're doing a fundraiser for Food for the Poor. And it's very important that everyone participate. And a lot of people who listen to this program think that doesn't mean them. And they kind of do this little dodge in their head. And I have to say, you know what? I'm on to you. Oh, yeah. You. Yeah. You think I'm talking to the other guy? No, I'm on to you. I see what you're doing there. And I'm here to tell you, not going to work. You need to go to Metaxas talk dot com. Your conscience will haunt you horribly, horribly if you don't go to Metaxas talk dot com. Now, if you prefer, you can text my name, Eric, to nine one nine nine nine nine. Or you could call eight four four eight six three hope eight four four eight six three hope. You know, Chris, I've noticed that most people go to Metaxas talk dot com and they click on the emergency relief banner. But but a good amount of people text Eric to nine one nine nine nine. So it's interesting that people have their phones. It's easy. They just text Eric to nine one nine nine nine more, you know, gifts. The number is is higher for tax. But the call center seems to have, you know, garnered a little more. Yes. And the call center eight four four eight six three hope.
Monitor Show 23:00 08-16-2023 23:00
"Interactive Brokers charges USD margin loan rates from 5 .83 % to 6 .83%, rated the lowest margin fees by stockbrokers .com, rates subject to change. Learn more at ibkr .com slash compare. You know, and information garnered in Ukraine that comes from Rudy Giuliani or others in the Trump orbit. Thanks so much, Josh. That's Professor Joshua Kastenberg of the University of New Mexico Law School. I'm June Grosso and you're listening to Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Former President Trump is facing criminal conspiracy charges in Georgia related to his alleged efforts to overturn the state's 2020 election results. Fulton County District Attorney Fannie Willis said Trump has until noon Eastern time next Friday to voluntarily surrender after he was indicted last night. Trump faces felony racketeering charges and more. Willis refused to comment on the indictment copy called a fabrication by her office that was posted on the Fulton County clerk's Web site yesterday prior to the grand jury finishing up its work. The 97 page indictment includes 41 felony counts. 18 other people have also been charged in the case, including Trump's former lawyer, Rudy Giuliani, and former White House Chief of Staff Mark Meadows. Willis noted she will seek a trial date within six months. The death toll in Hawaii from wildfires is at ninety nine. The massive wind driven blaze that tore through the once picturesque town of Lahaina on the island of Maui is now the deadliest wildfire in modern U .S. history. Damages are estimated at more than five and a half billion. And sadly, officials expect the death toll to continue to rise. This comes as the Hawaiian Electric Company is beginning the laboring task of restoring power to fire ravaged West Maui. Mounting evidence suggests power lines played a role in starting the fire that destroyed Lahaina one week ago.
A highlight from Why A Pro-Bitcoin, Anti-Central Bank Economist Just Won Argentinas Presidential Primary
"Alex Krueger, who I frequently quote, who is himself from Argentina, said, Mille is neither good nor bad. He is different. And for Argentina, different means good. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Tuesday, August 15th, and today we are talking about the Argentinian presidential candidate who is a pro bitcoin candidate. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review. Or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, welcome back. If you have been on bitcoin twitter in the last day or so, you've probably seen someone talking about the pro bitcoin Argentinian presidential candidate that just won a primary election. As a representative tweet, Marty Bent said, Argentina electing an anarcho capitalist president and embracing bitcoin would be pretty epic, especially when the world sees how quickly they recover from a multi -decade bout of fiat -induced economic mismanagement. This is indeed a really interesting development. However, it can be very easy, all too easy, frankly, for bitcoiners or crypto advocates to get so excited about a politician from somewhere else sharing our views on those particular topics that we fail A, to see the politician for their full set of policies and beliefs, or B, fail to put it in the context of what's actually happening in the place that politician has emerged. I think both of those things are extremely important and so today what we're going to do is just a little bit a very, very superficial background on Argentina, its recent economic turmoil, and of course the candidate in question, Javier Millet. So first let's talk about what actually happened. On Monday night there was a shock election result when libertarian congressman Javier Millet secured a victory in the presidential primaries with 30 .1 % of the vote. Millet came in ahead of pro -business center -right candidate Patricia Bulrich, who garnered 28 .3 % of the votes, as well as the candidate from the incumbent center left government Sergio Masa, who got 27 .2 % of the vote. Masa is the current minister of economy and is a party member of the Renewal Front, a part of the ruling coalition of democratic socialist parties. To get a sense of why people around the world are talking about this, economics professor Lawrence White wrote, 30 % in the first round for a candidate who wants to abolish the central bank and dollar rise. Remarkable and encouraging whatever disagreements I may have with Millet on other issues. So who is Javier Millet? Well, he's a relative newcomer to Argentine politics. He was a founding figure in the libertarian coalition, which was formed in 2018. The party's power base is centered on the capital of Buenos Aires, but they are far from a dominant political faction. The party had a glimmer of success during the 2021 elections, obtaining a parliamentary seat for Millet. Overall, the libertarian coalition holds only four seats in the 257 seat lower house and none in the senate. One of the things this could mean that if Millet is successful in the final round of presidential elections to be held in late October, he might need to form an alliance with the center -right opposition in order to pass legislation. Before turning his attention to politics, Millet had a two -decade long career as a professor of economics. He is firmly of the Austrian school, believing in hard money principles. He has been highly critical of the university of Buenos Aires, which he views as being responsible for the, quote, proliferation of Keynesian brutes. Outside of economics, he is extremely socially conservative. He's put forward opinions, for example, around the extreme restriction of abortion, unrestricted civilian access to firearms, and climate change denial. Now, one of the things that you'll note if you've spent any time with Western press characterizations of Millet is that he gets compared to other right -wing populists like Trump and Bolsonaro quite a bit. In fact, most of the American coverage of him includes some phrase like Trump -loving or Trump -admiring literally in the title of the article. What's important to note is that his political communication is significantly more focused on politics. Indeed, his election campaign has centered on the economics of Argentina. During rallies, he has called for a massive reduction of government spending, formal dollarization, and the abolition of the central bank. He's also come out as a fierce advocate for Bitcoin as an answer to the control imposed by central banks over the money supply. However, before we go deeper into the Bitcoin dimension of this story, let's talk a little bit about the larger context. The Wall Street Journal characterized Millet's victory as a middle -class revolt, and it's pretty hard to argue with that point. Millet outperformed both the center -right opposition candidate as well as the center -left candidate from the incumbent government. Indeed, his victory in this preliminary stage of the elections is being viewed as a rejection of career politicians and the ruling class in Argentina. Current ruling party is part of a coalition of Peronist democratic socialist parties which have carried forward the political ideals of post -World War II president Juan Perón. While obviously the political history of an entire country is way, way out of depth for this show, at a very high Wikipedia -style level, Peronist presidents have been successfully elected in 10 of the last 13 elections in which they have been allowed to run, and so in that way definitely represent the entrenched incumbents in Argentina. Their ideology features things like nationalization of industry, strong government -supported labor unionization, and a hefty dose of social welfare. However, this ideology has been increasingly on the outs over recent years. For example, between 2015 and 2019, Mauricio Macri from the opposing center -right party, the Republican proposal held the presidency. In 2021, the Peronist coalition lost their majority in the Senate for the first time in 40 years, leaving the party impotent to pass legislation in their own right. Now, Mille's surprise victory on Monday could represent the final collapse of power for both of the major political coalitions in Argentina. Pre -election polling had the Dark Horse candidate finishing in third place behind the more established party figures, but was obviously way off. Now, part of why there has been such a political shift is that Argentina is going on 25 years of economic dysfunction. Starting in 1998, a string of global economic shocks led to a three -year depression punctuated by a sovereign default in 2001. In that period between 1998 and 2002, the Argentine economy contracted by 28 percent. Because of that, the nation turned to the IMF for debt restructuring to deal with an exponentially growing pile of dollar -denominated debt. After 2023, growth did return. Both unemployment and the 2008 global recession with its growth intact, but the economy sputtered out again in 2013, and since then, Argentina has experienced five recessions in the past 10 years. Now, things arguably took a turn for the worst after the change of government to the longtime opposition in 2015. By the second half of that year, inflation hit 30 percent, and the Argentine peso was cut in half to an exchange rate of 30 pesos per U .S. dollar. The central bank responded by hiking interest rates to 45 percent and draining its foreign currency reserves to bolster the collapsing peso. Inflation never came back down significantly below 40 percent prior to the pandemic, and the peso continued to devalue year after year. In 2019, power transitioned back to the dominant center -left coalition, and capital controls were put in place. Citizens could no longer freely exchange their pesos for dollars. In this environment, the central bank sets an official fixed exchange rate, at which individuals are only allowed to exchange $200 per month without paying punitive taxes. In spite of that official rate, however, the nation functions as a semi -dollarized state with citizens exchanging currency at a free market rate known as the blue dollar. This exchange in physical dollar bills is illegal but generally not enforced, as anyone who has visited BA knows. Alongside the blue dollar rate, there are a range of other exchange rates designed to act as either a subsidy or a tax on certain import and export industries. Most notably is the agricultural or soy dollar rate, which was introduced last year. The soy dollar rate was intended to offer farmers a more favorable exchange rate after they began to stockpile their crops rather than participate in economically critical export markets, however still had the problem of not being the actual rate that dollars were fetching on the blue markets. Now fascinatingly, on Monday, as it became clear that Miele had outperformed his rivals at the polls, the government announced another adjustment to the official exchange rate. The peso was devalued by 18 percent to trade at 350 pesos per dollar. Blue dollar rates also shifted by more than 14 percent and now sit at 675 pesos per dollar. That is a new all -time low for the Argentinian currency. Alongside the devaluation, the central bank hiked its key interest rate by 21 percentage points to reach 118 percent. Inflation is now firmly above 100 percent per year, and there doesn't appear to be an easy way to stabilize the currency or the economy. Now the devaluation is being blamed on an economic meltdown in reaction to the election. Alejo Costa, the chief Argentinian strategist at BtG Pakchual and BA, said investors like Miele's economic message but fear the execution and institutional risk considering his lack of power in congress and aggressive style. Now one concern is that Miele or any other president will have their work cut out for them. Claudia Kalich, the head of emerging market debt at MNG Investments, said that whoever is in charge by the end of the year will need to begin unwinding unsustainable policies. And ultimately this is what makes Miele's success at the polls start to make more sense. The core pillars of Miele's proposed economic reforms are to formally dollarize the economy and slash government spending to the bone. Given that the people of Argentina have seen their peso savings slashed by two -thirds in just the past year, the message appears to be resonating. So at this point let's start to bring crypto back into this story. Argentina is a place that has embraced crypto for some time now. In fact, I've often told this story on other podcasts, but in early 2019 I actually brought my father -in -law to BA for a couple day trip where we effectively just hung out with people who were working in the crypto space and that's where it really clicked for him. It was soon after that trip that he made his first bitcoin investments, which by the way, if you look at what bitcoin was priced at at the time, was a pretty damn good time to get in. Now back to Argentina itself, local laws allow for up to 20 % of wages in kind, which some workers have used to receive part of their salary in crypto. That has represented a significant boost for global workers who otherwise would have had US dollar payments automatically converted into pesos with the banking system. According to International Payroll Company Deal, Argentina has more workers getting paid in crypto than any other nation in the world. Now a big part of the adoption in Argentina is around stablecoins. This makes sense given how dollarized the economy is. Many blue dollar exchange offices now accept and distribute stablecoins and their use in the economy as a payment method is also increasing. Several major banks even began offering crypto services in recent years. Now perhaps because of all of this, the amplified adoption of crypto in Argentina has alarmed the IMF. Since 2020, the government has been seeking IMF assistance in restructuring its debt, but negotiations have been painfully difficult. The IMF has insisted on a range of economic reforms and austerity measures, but a lack of a parliamentary majority made it difficult for the government to make a firm commitment. In March 2022, the government signed a letter of intent with the IMF on a loan of $45 billion and one of the terms of the agreement was that central bank would discourage the adoption of crypto in Argentina in order to quell money laundering, informality, and disintermediation. This was, of course, the IMF's very own Operation Chokepoint Argentina and despite there being no formal policy, multiple major banks suddenly shut down their crypto services. Now $5 .4 billion of the IMF loan was distributed to Argentina earlier this year, but with elections and potentially a change in government coming, it's not clear when the balance of the loan will be paid out. For many citizens, the current government has used the central bank to pursue a failed policy of currency controls and sky -high interest rates. And in spite of all of that, inflation is still above 100 % and shows no signs of slowing down. Is it at all surprising then, that Argentinian citizens are attracted to a politician who pledges to burn down the central bank? Now, several months ago, when Mille was enjoying a groundswell of support, he made an appearance on national TV to put forward his economic positions. In that interview, he was asked specifically about his views on Bitcoin and what its adoption could mean for Argentina. Mille answered, and of course, all of these quotes are translated from Spanish. The first thing we have to understand is that the central bank is a scam. It is a mechanism by which politicians cheat the good people with the inflation tax. What Bitcoin is representing is the return of money to its original creator, the private sector. Money is a private invention. In order to be used to solve problems, for example, in a bartering economy, the double coincidence of wants and indivisibility. Then paper money appears in order to solve portability. And then that evolved and the currencies that people chose were silver for small transactions and gold for bigger ones. Then, because back then it was very dangerous to move the gold, people used to deposit the gold and get in exchange a receipt. Then in the year 1445, in the first Genovese Congress, the states appropriated the exclusivity to issue the money. That's the legal tender, which is a key point. Because legal tender allows the politician to scam you with the inflationary tax. Bitcoin has an algorithm that one day it will reach a certain amount and there is no more. It can compete with other currencies. In fact, it competes with Ethereum and others. And what is the good thing? It's the return of private money. But what is the problem? The problem is that governments will not give up the legal tender because with legal tender they can scam you with the inflationary tax. Bitcoin is the natural reaction against the central bank scammers and to make the money private again. The flip side is that the thieving politicians are not going to allow you to go against legal tender. In economies with high inflation, the scam problem is bigger. That's why, as I suggest, you can propose to close the central bank.
Target to Pull Some LGBT-Themed Merchandise After Backlash
"Target is the latest company to suffer backlash for LGBTQ+ support and is pulling some Pride Month clothing, I'm Lisa dwyer. Target is removing some items from its stores and making other changes to its LGBTQ+ merchandise nationwide ahead of Pride Month in June after an intense backlash from some customers, including violent confrontations with target's workers. Targets said the customers knocked down pride displays in some stores, angrily approached workers and posted threatening videos on social media from inside the stores. Target declined to specify which items it was removing, but among the ones that garnered the most attention were tuck friendly women's swimsuits that allow trans women who have not had gender affirming operations to conceal their private parts. There are close to 500 anti LGBTQ+ bills that have gone before state legislatures since the start of this year. The American civil liberties union says that's an unprecedented number.
Professor Victor Davis Hanson Discusses "Our French Revolution"
"Latest piece about an hour French Revolution. So up to date, and it's been rather prosaic, there have been two options to explain what the left is doing. Number one, it's they want to take president Trump out of the running. They so utterly detest him. They literally want him in an orange jumpsuit behind bars. That is the strategic objective. And others saying, no, no, no, no, no. They want to Garner sympathy for him. So he gets the nomination because he's the weakest candidate in the most easily beaten in 24. I don't buy that version in your latest piece. You have this hybrid that I'd like you to expand upon where you say, yes, they're doing this to Garner sympathy for him, so he gets the nomination, but then like gulliver in gulliver's travels, all these cases have these lilliputians tie him down so he can't effectively campaign. That's what you see as the most likely scenario correct with all the likely motivation. Yeah. I think the grassroots is delighted, but the people who were the movers and shakers of the Democratic Party have a little bit more sophisticated agenda. They feel that they're delighted with the polls that they uptake. They think Trump will react in a very angry and attack that he called at one point, mister Bragg and animal. They think he's going to do that. And then they're going to have gag orders. And it's going to be kind of a year and a half long cycle drama. Okay, everybody admits that. But what I think is even more sinister is they're going to be able to neuter him as a candidate because they are going to issue I think this judge is going to say, I warned Donald Trump and here he attacked a judge personally. And I can't do that so he's got a gag order. What would that do? It would basically say he's no longer a viable candidate if he can't speak out publicly
When Did We Arrive at the Tipping Point? John Solomon Explains
"We arrive at that tipping point? When did the critical mass become enough that you'd have for a cabinet members? Leading politicians, speakers of the House. For example, Nancy Pelosi in the article I wrote yesterday, the arrival of the police state to America. I just reminded everybody and I embedded the hyperlink in the article. I said, you know, we had a Speaker of the House who, for four years, refused to address the president as the president called him illegitimate, talked about the current resident of The White House. You've been in this field of political reporting for decades, was this just the frog in the hot water with the dial slowly being inching forward or was there a moment? Was there an event where you realized, wow. This is not the America I grew up in. Yeah, listen, I think the period of 2016 to the summer of 2016 to the summer of 2018 is going to be a moment that when historians look back at America, they're going to say the fundamental nature of our Law & Order society change. And it may have been changed indelibly, meaning we're never going back. It started in the summer of 2016 with the creation of the Russia collusion case where FBI agents and analysts feel comfortable initiating a case that they know, according to their own bosses. Now we've interviewed people like Kevin Brock, who said, didn't meet the predicate test meeting. They didn't have a legitimate reason to open up on Donald Trump. They knew they were using opposition research from Hillary Clinton. They knew that Hillary Clinton, according to intercepts, was playing a dirty trick on Donald Trump, and yet they allowed themselves to be used to create the perception that there was a real reason to investigate Donald Trump for Russia conclusion when none existed. In fact, there was more evidence of Hillary Clinton's campaign collecting colluding with Russians than there was Donald Trump. That moment and then as that's going on and that fall 2016 election, the first major Soros backed prosecutor Kimberly Garner gets elected in St. Louis. And within a year or two, she starts the local version of Russia collusion. She goes after a sitting governor of Missouri, Eric greitens, and actually gets farther than the FBI ever got. She actually brings criminal charges. She brings an indictment against a sitting governor. And within months, it's obvious that she had neither the proof, the evidence nor the crime. She
Webby Award nominations for Harry Styles, Lizzo, Post Malone
"Musician lizzo comedian Trevor Noah and the cast of Ted Lasso are among the nominees for webby awards, which recognize the best Internet content and creators on marches are a letter with the latest. Lizzo's watch out for the big girls show was nominated for a webby, Trevor Noah has been nominated for the segment's film between scenes at The Daily Show. The Ted Lasso cast was nominated for its collaboration with FIFA 23. The social media accounts of Stephen Colbert, Jennifer Garner and lupita nyong'o are nominated. Other nominees include Harry Styles, AirPods commercial, and the corn loving kid from recess therapy. The international academy of digital arts and sciences will announce the winners on April 25th, winners will give acceptance speeches of 5 words during a gala on May 15th in New York.
NHL-best Bruins clinch Atlantic with 2-1 win over Tampa Bay
"The bruins have formally clinched the Atlantic division title with a two one decision over the lightning. Boston's 56th victory. The bruins are 6 away from tying the NHL single season record for wins with ten games remaining. Bee's newcomer garnered Hathaway scored a tie breaking goal in the second period. We've been looking forward to this. To a team that's in the playoffs, going to be in the playoffs and we potentially could see a team that's battling right now. Patrice bears are on had a power play goal for the bruins and lean is all Mark stopped 26 shots. Victor hedman had a shorthanded goal for the lightning. And Andrei vasilevskiy made 32 saves. I'm Dave ferry.
Who is Alvin Bragg: Manhattan DA investigating Trump
"Who is Alvin Bragg, the Manhattan district attorney investigating Donald Trump. The Harvard Law grad is a Democrat before Alvin Bragg won a tough primary to become Manhattan's first black DA. He was a civil rights lawyer who once represented the family of police chokehold victim Eric Garner. He was also a former federal prosecutor who oversaw a lawsuit that shut down Donald Trump's charitable foundation. Growing up in Harlem during the 1980s crack epidemic Bragg was held at gunpoint 6 times three by police. He's been criticized for wanting to eliminate cash bail and for going easy on criminals. He's also been criticized by Trump and his supporters over the investigation into hush money payments paid to women on his behalf during the 2016 presidential campaign. Julie Walker, New York
Ethereum Classic Price Prediction 2023 2025 Will ETC Price Go Up In 2023
"9 a.m. Sunday March 12th, 2023. Ethereum classic price prediction 2023 2025 will ETC price go up in 2023. The post Ethereum classic price prediction 2023 2025 will ETC price go up in 2023 appeared first on Cohen PDF FinTech news. The crypto space has been slowly garnering the attention of industrial investors. In order to attract newbies, you need crypto projects have been brewing in the market. Ethereum classic ETC is one such project that thrives to enable developers to build and deploy smart contracts. Ethereum classic is one of the oldest cryptocurrencies that happen to.
Nance powers North Carolina over No. 6 Virginia 71-63
"Pete ant since North Carolina to a 71 63 win over 6th ranked Virginia. It's been no mystery. I've been struggling. From the field and from three a little bit. Nancy scored 22 points shooting 7 of ten from the field and four of four from three point range. I was just waiting for the day I was going to break through and I feel like today was that day. RJ Davis had 16 points and ten rebounds as Carolina moved to 18 and 11. The heels and Cavaliers were tied before Carolina closed the first half on a 34 18 run. Jaden Garner had 19 points and 12 rebounds for the calves who fell to 21 and 6 overall, 13 and 5 in the ACC. I'm Dave fairy.
Lara Trump: Donald Trump Isn't Worried About Nikki Haley, Opponents
"We're just really getting cranked up in the election season, but president Trump out there on the campaign trail. We know Nikki Haley's already thrown her head into the ring. Even though she said she would never run against the former president. But it looks like president Trump not all that concerned, especially with the low polling numbers. Yeah, I don't think he's concerned at all. And actually, if you look at the numbers themselves, the more people who get into the race on the Republican side actually may benefit my father in law because he's garnering about 50% of the Republican support at this point. Any time he is matched up against a potential opponent for the primaries and the more people you have get in actually they're going to split that other percentage of the vote and it looks like it could be an easy win for him to become the Republican nominee if that's the case. Obviously Nikki Haley has thrown her hat in and I'm sure we'll see many more do the same thing. But I think he probably not concerned because he knows that the American voters are really smart Tod and at this point we have seen the degradation of our country in such an extreme way over the past two years since Joe Biden and the Democrats took over the country and I think as we head toward 2024 my goodness if we have a country left at that point, people want somebody in there who has done the job before who they know can execute, get things done quickly and quite frankly has faced the swamp head on like he did for four years and despite all he had against him look at all the accomplishments he had. So I think he's running on his record and I think he is relying on the common sense of the American people to know that there is no time to waste. We got to get to work on day one and get this country back on track.
Caps edge Bruins, 2-1, despite Ovechkin being held scoreless
"Nick Baxter, and garnered Hathaway did the scoring for the capitals in a two one one at Boston. Baxter provided the first goal 6 28 into the game during a 5 on three power play. Hathaway made it two zero midway through the second period, sending the bruins to just their second regulation, home loss of the season. Darcy Kemper made 27 saves for the capitals who have won three of their last four games to solidify their hold on a playoff birth. Nick foligno scored a Jeremy swimming stopped 21 shots for the bees. I'm Dave ferry.
The Doomsday Clock reveals how close we are to total annihilation - CNN
"The war in Ukraine has pushed the doomsday clock forward. We move the clock forward, the closest it has ever been to midnight. It is now 90 seconds to midnight. That's ten seconds closer to striking midnight than last year. The announcement comes from the president and CEO of the bulletin of atomic scientists, Rachel Bronson, who says the members of the science and security board move the hands of the doomsday clock forward. Largely, though not exclusively because of the mounting dangers in the war in Ukraine. And while there are other factors, we are releasing today's statement in English, Russian, and Ukrainian. It is the first time we have done this, and we hope it garners the attention it deserves in
"garner" Discussed on Crypto Voices
"Generally, as I said in the earlier videos, something that's sub 70% isn't that great. Generally, in statistics. So we have a 41% R squared that doesn't seem to be that great compared to just looking at how the price moves around the mean. So is the trendline really that helpful? Well, the variation is 41% less. Than the variation of the price around the mean around the flat line, that is on this chart. So that's okay. But we've already done a linear analysis in the last video with gold, so that's actually something to bring in here and understand as well. So what was our R squared for the linear analysis from the last video? It was 70%. It was 70%. So go ahead and check the prior video if you want to see how the linear trendline looked there, but if you remember, it was a, it was a flat line, a completely straight line that not flat. It was pitched up, of course. Matching the gold price, but it was a straight line that moved across the chart, and it had a 70% R squared. So that meant that the price that was moving around. The linear regression line was 70% better, with less variance than if the price moved around this $643 meme for the gold price. So compared to the linear regression, we can conclude that a logarithmic regression for the price of gold is not that good at the moment. It's only 41%. And just looking stand alone at the logarithmic regression R squared, a 41% R squared is not such a good goodness of fit, indicator. It's not that strong. You would definitely want to be above 70, 80, 90%, to conclude that you had a statistically appropriate goodness of fit with R squared. So, having said all that, just the final point to show you in this video, as we talked about before, regression trendlines are helpful because they can help us predict outcomes, whether it's in medicine or other academic studies, they can help us with prediction. Now, of course, it's always, there's a lot more hubris, there's a lot more intensity around finance and where the price of some asset will be, of course, no one knows. The market price of assets in the future. Past performance does not indicate future results, so on and so forth with all the rest. And this is never financial advice. But we can still mathematically look at where the trendline will go, based on that formula that we found before, Y equals a plus B times the natural log of X, gives us this logarithmic regression curve. We can predict it out. So let's reset the zoom. And let's take it out to the year 20 30 and see if there's any thing we can Garner from this trendline. So the last value that we have here of the gold price in our statistical analysis of 50 years, month end December 31st, 2022, $1812 per ounce. The logarithmic regression at an R squared of 41%, which is, again, not that great and statistics, $977 per Troy ounce. That was the regression line. So everything else stops after this point, we don't know the data. We don't know the all time average, but we can still predict out the trendline. We can still predict out the trendline, so here we go. Here we go, 41% R squared. All the way out. All the way out. To December. 2030. 1000 $26 per Troy ounce. So that's the predicted value of the logarithmic regression trendline, based on 50 years. Of gold price data that we plotted out. And calculated our coefficients, we calculated our natural log of X and the data that we looked at was 617 total months, which is X 617 total months on the X axis, time, our independent variable. And the price that was calculated in 2030 was $1026 per ounce. Does it seem helpful? I'd argue it's definitely a less helpful regression trendline to look than even linear. One, because the R squared is worse. It's only 41%. Goodness of fit, as opposed to a 70% goodness of fit of the linear regression. And the trendline prediction all the way out in the year 2030 is farther away to the current price than it was for the linear regression. Which just seems natural again, gold is an inflation hedge, doesn't mean gold goes up all the time as we see it definitely doesn't go up all the time. But just like those economists who thought gold was going to zero, after it was de pegged from the dollar in 1971, it's a rhetorical question to ask when is gold going to zero today? Because it's simply has it. So again, doesn't mean it's not possible in the future, everything is possible, absolutely, maybe we'll start mining asteroids, maybe we'll crash the price, who knows? But as the regression trendline finishes at $1026 an ounce here in December 2030, that seems less accurate than the linear regression which finished at 1000 $614 in 20 30. So there you have it. That is a logarithmic regression trendline drawn over the gold price, simple mathematical statistical model, 41% R squared, over 50 years. Thanks for watching.
"garner" Discussed on The WDW Radio Show - Your Walt Disney World Information Station
"That's going to do it for this week. Show thank you so much for taking the time to tune in open. Join the conversation with garner. As much as i did. I'd love to know your answer to our question of the week as long as we're talking about ataman. What is your favorite audio animatronic. Figure in the disney parks. You can answer this question and be part of the community and conversation by joining that. Ww radio clubhouse group on facebook at www dot com slash clubhouse you can also connect with elsewhere on social. I am atlema. Angelo can email me lou at. Www dot com. If you have a question roman answering upcoming show or called voicemail at four zero seven nine hundred nine. Three nine one. That's four zero seven nine hundred. Wwe one with an answer to the question of the week a comment or just a hello from the parks also wanna give huge and sincere thanks to every member of the wto nation family. I love and appreciate you and your support and your friendship and help and l. of being able to give back to you each and every month i wanna thank some new and longtime members like the macnamara family. Tim nick sleet katie. And ed buskirk if you want to help the show and get exclusive awards and help our dream team project again. Go to www dot com slash support. In addition to the podcast. Please don't forget to join us every wednesday night at seven thirty. Pm eastern live from the parks as we talk and walk and sometimes ride or the home studio as we talk about our top five live discussed this week's podcast disney plus pick of the week your questions comments and more. It's a lotta fun. Thanks to the incredibly welcoming community that you have helped create again turn notifications both on the ww clubhouse as well as on the wd page on facebook so you don't miss a thing also enjoyed our spoiler support group to talk about all things marvel. The turtles is coming out this week. I cannot wait. We literally just got a trailer for the book of pct fatness a lot of conversations about some of the easter eggs. Going on in this group again just go to. Www dot com slash spoilers. And if you know me or heard this show before you know. There's what's love connecting with. you online. Still believe that. Nothing beats a handshake and a hug and events are finally coming back. Go to w. w. dot com slash events to find out everything we have gone on in walt disney world included. Next meet of the month coming soon. I'll be cheering on the boardwalk for the half marathon. This coming sunday for weinstein weekend. If you're good at www dot com slash cruise you can find out a come. Join us for any of our cruises next year and in two thousand twenty three. We've got our marvel day at sea from miami in february are crews on the disney wish june twentieth are very maritime crews on the wish december fifth and our disney fantasy eight night overnight in bermuda april fifteenth. Twenty twenty three and in just a few weeks. I'll be act and live from at the house of mouse expo. Thanks to friends over at the mainstream mouse. November twenty seventh and twenty eighth at empty embassy suites located just down the road from walt disney world. Again if you go to www dot com slash house of mouse you'll find out. More and my momentum. Weekend workshop november thirteenth and fourteenth is now officially sold out. But you can email me lou. Ww radio dot com. If you wanna get on the waiting list and even if you've been unable to come to momentum. I'd love to be able to give back you. I'm so grateful for the opportunity that life that you've given me. I want to help you individually or your business your event where your school. Lots of different ways. I can try and do it through speaking coaching mastermind group forming and other events as well just go to luma jello dot com for more information. Thanks as always to mouse and travel my official and recommended travel provider for all your vacation planning needs whether you're going to disney destination or anywhere in the world. You get incredible levels of personal service. That comes no cost to you know. Visit them and get a free. No obligation quote mouse span travel dot com and as always my friend and you are my friend. What we have are not all asked if you liked the show. Please help spread the word. How can you do that. Share linked to this. Where your favorite episode over on social tag me at lumine jello. Make sure that. I see it even if you just tell a friend and invite them. Listen and subscribe to the show as well incredibly appreciated and if it can take just a couple of seconds to rate and review. The show is one of the best we can help our. Thanks recent reviewers like brum stew from the united kingdom. I still think it's cool. Amazing that people from around the world. Listen this part makes me uncomfortable. Says lou the legend move on. It says i've been listening now for about twelve months ahead of a planned returned to walt disneyworld in january from the united kingdom luke continues to inform and inspire me ahead of our trip. His enthusiasm is contagious in a good way. Keep up the great work. And that some stewart in birmingham in the united kingdom again just search for wwe and apple podcast www dot com slash itunes for direct link and instructions on how to do it and finally most importantly thank you thank you thank you thank you. I mean when. I say i love you. I appreciate you even. I've never met you because you have done so much for me. Just by virtue of you're listening. I know how valuable your time is. And i hope that in exchange the show is made you happier. Maybe inspired you to be better. Maybe learn something new as we step into november. A month thanksgiving a giving thanks. I am thankful all the time. And i am thankful to you and for you. It is because of you. That i choose the good that i find the good in everything. Everybody that i encounter and you do that as well. Hope that you be the good. Not just for yourself. But for other people and give to others with no expectation of anything in return. Thank you thank you thank you. I love you so so very much of anything i could ever do for you. Please does reach out to let me know out to see and talk to you on wednesday during the live shows so until next time. See you hyderabadi refer norfolk. She said Just listen to the most recent episode or maybe it was filmed before now. I'm getting anyway. One of them was about. The new steakhouse Seventy one which. I am now dying goto. I love nothing more than great comfort food in a fancier environment. So i am looking for the contemporary all to glory soon Also about Roy disney who. I think the for such a nice episode and i think it was good to some like on jim as a ask the participant character who really did make all the dreams come true and i think he never get enough credit. So thank you for shining some light on him as individual He's definitely yeah. Not enough and i liked how you mentioned where you can find them into everyday. I'm i hope everyone is surviving here in the northeast that is super rainy and cold and it feels like yeah just not summer anymore and this gross but anyway. Hey hope everyone that's not. Here's enjoying their weather. In some ways she revived and hope everyone's talking to magical day make someone's day magical magical spread magic. I will talk to you all..
"garner" Discussed on The WDW Radio Show - Your Walt Disney World Information Station
"That in a heartbeat. Yeah we do. We are going so basically. We started the maker space concept in rate school level and then we went to middle school and then we went to high school. But now we're getting our first Requests and putting our first makers spaces in college so You know technically. It is reachable to everybody. And you know it's it's You know it's very few of them in college is right now to the very beginning map but you know i hope in a couple of years. You'll see them all over the place you know. I'm ready to rodney dangerfield and go back to school. Dislike glasses again. Coming full circle garner. And you're thinking about your legacy and what you leave behind but when you when you visit the parks now do you look at your work and do you. Are you able to remember that feeling that fourteen year old boys excitement and vision. And are you able to sort of step back and go. I said i was gonna work here. I said were make this. And i made this. This is this is something that i made. And and sort of distance yourself from the work and from a personal emotional level. Yes sometimes i have to sit back and often thing. I know it's been forty five years since i was a kid. Nice little a myself wants the while on the site is giving you know this is just. It's almost just like a flash in your here and we got this giant facility. We've got another education across the street. Nowadays people building all the subtraction stuff. Like wow you know. This is really amazing and You know it's it's You know i do. I do. I go to parks. People always say will this visit ruin the magic for having built things. Well you know. Because what it is is that i i go to. The park usually formally aghast once a year. Now disneyland we go and actually take guided tour and recently do that is because you get kind of walk through the place you you kinda get special treatment and you're gonna get a chance to really not have to worry about zoom around kind of relaxing. Look around in things on them. But i don't look at the stuff that we built. I sit in about look at the people. And i see them. React to it you know. I like to watch people's faces when they see things and react to it. And i love to take people who've never been there and watch them react to it you know. And that's how i get. My enjoyment now is seeing people. Enjoy what we do you know. It's the perfect answer. 'cause i said earlier that i think there's a lot of of in garner holt productions. I also think like that's a perfect. Walt disney answer like. I think there's a lot of walt disney in garner whole to and i mean that to be the compliment that that it sounds like but let's be honest garner. I know we're all proud of all of our children equally and we love them all equally. One figure that you're proud of where makes you go. Wow or like yeah this. This is it. This is the one that's still sort of makes me smile or make me proud. Every i've been asked that before. And i've put a lot of thought into that answer in and it really goes by decade in the sense kinda by era you know when when i mean nothing was more important than my i figure uncle sam. You know as a kid. We're we're uncle. Sam now didn't create upstairs. And then you know the. I figure they hunt mansion ducks kellington. That was ground breaking the put a classic or a figured a high end figure in the classic disney attraction that didn't get built by disney by somebody else was never been done before and it wasn't built mandatory. And so that was Radiator springs that was milestone and then the dragon that was a huge milestone so kind of like every decade. Kinda like there's one on the lindell unicycle. Rider didn't have out for steeper job. So i can point to milestone figures that all were critical in the development chucky cheese. You know i walk through this building. I said the other day to of your band. I was waiting. This i said the we have the first shot and it was ever built. And i was showing it to him and i said you know we leave him here as an honorary citizen because thanks to him. I think he paid for this building. And you know. This giant building ran a slight. Thanks a lot. You always have a whole new you know and a so. We are very meeting to me and very important to me in in their own way. You know but those specific i think the milestone and say for walt. It all started with a mouse. It's mickey for you. It started with wendell but maybe it really started with chucky cheese injuries and the rodents seam insert these businesses. It's it's it's incredibly poetic. And i will tell you we have of myself and my family who has enjoyed your work and teams work for so many years. I appreciate it People wanna learn more about you. They can go to garner whole dot com or garner holt education through imagination dot com. Put both of those links in the show notes garner. I love your story as both disney fan an entrepreneur and i love and appreciate being able to Share it with other so.
"garner" Discussed on The WDW Radio Show - Your Walt Disney World Information Station
"Possible right now. You know so. I convinced the part. Share this example. So you know you have these things these bands that you're putting on your wrist. You know magic year. Whatever they call you know whatever you wanna call it says example but You know that allows you to be identified and you know through. Our flighty type. Thing and people can go attraction. Can no you are in a sense so you know. Imagine the days that you know. They are more interactive. You know you're floating by the auctioneer and you know. He looks down. He points at you in the boat and says you know. Hey jimmy you give me for this last. You know that kind of thing that they don't have the ftc not correct for this wrong but You know where they would know your name. They hit the dress. You ida i you know that type of thing You know it's it's just a the whole evolution of robotics is rocketing for right now. Have robots driving around you know everywhere in little things called tesla's you know You know they're robots are going to be everybody's life in a few years and you know hopefully some of these days and you walk into our lobby and jack in talk the receptionist while and get ready to move onto the two or all of a sudden you realize that there is evidence you've been talking to a real person you know so Really put a face on a lot of things. li were working on some customers projects. Right now there's some there's always characters always features as always you know monsters in space things. I can't mention any names but you know crazy stuff out there that you see on the screen that need to be turned into real life. Saudi tournament the real life and make them totally believable coli realistic totally alive. you know we do that. A lot for clients. And you know i have. I'm having a blast doing it because it's you know it's been my whole life. It's a lot of fun. Well and it and it has been your whole life. And i think that you seem to never have forgotton where you came from. And what i also really appreciate. Your garner is that you give back wanting to give opportunities to a new generation of fourteen year old garner holtz dismissal read about your your education through imagination project well. We created called education dramatic nation. And you know how how it came about. Was you know. I give tours of my people to have tours all the time. Wanna come through here in. The word would spread unite cub scouts and girl scouts in college and high school kids in running wanted to take a tour of the place so we would give them tours there. They would light up and they would say. Wow you don't wanna they believe and they say wow. I wanna work here. I love to work your so. They even the doctors lawyers. We take to here. They'd smile inside to be a dentist anymore on a work here and build toys you know and so everybody seemed to really enjoy it. So i teamed up with a principal at a school that Near here that. I adopted as a swollen. The head created a maker space and we teamed up in created what's called an intimate space to where it's kind of like a new shop class that you can. There's there's basically the old shop classes. That i thrive on. That really created what. I did today in schools. They all kind of went away. You know others not metal shop wood shop all that stuff it most of the stills anymore even wanna our classes went away and so we're creating kind of a room a miniature garnell productions where have all these machines in a laser cutter and back a warmer and a cnc critter or cdc mill and rapid prototype printer. And a bunch of things you can actually make in our classes an animatronic figure a tiki bird. That comes alive. And saying that's the whole thing you can make it from scratch in this room and were putting these schools all over the place. We've got them going out to schools that were building schools and even as far away as florida and just one We've we've won edison award which for education and we have the You know very excited about taking this further so really to me. It's basically a way to kind of in a say into my career. But i'm doing this for forty five years now eventually slow down. You know not not be the ten years or so. I didn't want to be sitting around on a table building e. birds and and you know in the end up with a bang. Not where. I wanted to leave something behind so i thought wow you know if we could give have a way to where a you know. A million kids could experience the excitement and enjoyment learning about robotics that in an animatronic forward includes all the arts and everything else. It's not just like a robotic. Kim classroom assist electrical mechanical. This includes everybody script writing and voice over work and and salting and costuming and as well as the mechanical macronix build the whole figure. We have a little miniature human figures that they can build and so two excited about that anxious to see saint. Continue to grow at snowballing right now. We're really excited about so. Now make me very happy someday. You know twenty years from now. If i ever do slowdown. I'll be able to look at this say. Wow this is really culminated in something. Really cool you know. I love the fact that you're thinking about legacy not just in terms of the figures leave behind but the positive impact that you have through education although you do know garner that every adult who's listening right now going hey. Why don't you have this for adults too. Because they would sign up for.
"garner" Discussed on The WDW Radio Show - Your Walt Disney World Information Station
"There one day. That line or some derivation of it has been spoken by children as far back as anyone can remember and many times. Those dreamers become doers and make good on their promises to themselves and every so often that dreamer and dur becomes a differentiator as is the case with my next guest whose work has been seen and enjoyed by millions of people around the world in disney parks all over the globe. He's garner holt founder and head of garner hold productions the world's largest animatronic company and he helps bring the magic to life in the disney parks and other themed entertainment attractions. And you have been a gardener. Holt fan you just might not have realized that yet. And i'd love to welcome garner holtz to the show. You doing good to be here. it's It is great to meet you finally again. I said that. I think we're all garner hold fans we just don't realize it. I absolutely have been and look. I love a good comic book. Origin story and yours is really remarkable to me. Not just because you literally did say. I'm gonna do that some day at a very very young age but just started making good on that promise to yourself right away so if you can share your garner holt origin story with us. Well i find. I kinda had tunnel vision where i saw disneyland. I just do what i wanted to the rest of my life. I wanted to do those kind of things that basically started when messed growing up as a child my parents had in my whole family was in the worst business in my uncles and parents. They had stables. They head verses anything else. I was on the back of a horse from you know moments after i was born and probably ten years old and they wanted me to the first businesses a veterinarian but they basically You know i i think i burned out on worsening i on so much and would during all of that. I used to watch monsters as to watch all the movies at night of my friends the frankenstein and all the universal monsters and everything and so i really kinda wanted to have the munster south so we kind of started tinkering with the little house in the backyard in one day on sunday on a disney on camera abilities chandler is a doozy program. The world of color. They had a tour of the haunted mansion at disneyland. They'd never heard of such thing that never existed and iran. I still remember to stay road running my parents and saying mom. Dad is on it mansion at disneyland. I wanna go see it. So the documentary taking need disneyland. And they did and that was Fatal mistake for people who wanna be horse because at that point on the way home i told them i said i wanna build a haunted mansion on a bill. The things that i see is the land. And that's what i want to be the rest of my life you know and a kind of pat me on the head but You know i never looked back. It just never win in any other direction but your parents thankfully so very much indulge you not just by taking you to kmart and buying you the harder mentioned album but you literally set up shop at home and describe what that was where in your house it was and your parents reaction to actually sort of making good very quickly on the promise that you made it in the car ride home. Well i started inventing things. They started building little things in the garage. I started on a card table in the garage than they had my whole bedroom. Course and basically set it up like a little shop. And i you know i got a toolbox of my dad and i would start tinkering and i started tinkering with little inches width pieces and making a little things. I made my mom a little animated pumpkin that she took the work for halloween for halloween contest. And we won the contest. Wish about in the hat opened up and it said happy halloween everything. So it started tinkering with julie small and you know my parents seem to. They seem to go along with the fact that i was busy doing things that were you know. Look like i was learning and you know I you know. I still dabbled with the animals now. I had a little petting zoo and a couple things that i created that On a reptile museum. Because i used to collect reptiles i had animals and things but will just continue to pinker and these more and more elaborate in the haunted house to step more and more elaborate. The Pretty good little haunted house than i would have been kids. Pay come through it that type of thing so it was pretty pretty pretty successful beltway. What i think is really interesting to sort of put a pin in this for second is. Let's give context. This is the early nineteen seventies. there is no youtube. You don't have angel investors coming in and giving you money to start doing this. You're literally figuring it out on your own. You know your your tony stark in a cave of using scraps to build these things and make the you're using bicycle pumps and things like that to create special effects. The my first animated figure. I don't figure i'd built in high school for my bicentennial seventy six. When i was fifteen i used. I took hacksaw inside metal off my fenceposts in the my dad's backyard You know we're the part of the frame of the figure. So i it really. Did you scrap metal hinges door hinges. you know crazy crazy things like that to building figure you know so it was. It was quite a struggle. I mean i didn't have a lot of money. I decided that allowance. And i do things. I used to exercise horses for my dad. Give me five dollars. Every time i do that. So they had a way to make some money A little bit. That i could buy some part sign would go down to aircraft surplus place like not out but you know how figures worked with air cylinders and things like that night. Some aircraft wastes that. I could cheat us old burke for world war two points and stuff like that. I am absolutely in awe of not just the entrepreneurial spirit but the foresight and the thought sort of source parts and products for these different places. But let's be clear like this. This haunted house that you built was not just a figure that jumped out at you and your garage. You literally built. You know something in your backyard that a few hundred people come and then the next year. You're actually hired by the mall in san bernardino to build another haunted house and this time. You actually repurpose trailer. Yeah i yeah. They came to me and said. Could i build one for them. And i thought well how. How could i possibly work on the whole the whole year. Because i figured i needed by the time my friends and i would need time to put something together so i thought well if i could have a trailer pulled into the mall so i found an old burned out construction trailer when it had burn the inside but still a good on the outside and.
"garner" Discussed on Movie Crush
"Yeah the casting of anneli. You mentioned earlier I remember as a kid thinking. I was eleven in admitted. Now that sounds terrible. But i just remember as a kid thinking like. She's not very good looking like she's not who is that. Yeah like i didn't know who she was and now I didn't know any of her background. Or the judy garland stuff and i just remember thinking like why. Didn't they catch some bombshell. Is that's what you're used to seeing and as an eleven year old. That's certainly what you wanna see ya. But from the moment she steps on that screen they just their chemistry there like Some old like married comedy couple. That's been doing it for a hundred years. They're so good together. And what's funny about lies on that first scene in the Bergdorfs is you can tell. She's in a totally different movie. Yeah she came with her whole wardrobe hair. Spurring that crazy redhead had cost the whole outfit. And it's steps on screen like i'm in. I'm give a fuck. I don't care what everybody else is stressed out. I'm in the movie in this out at big yellow coat yellow code red hat but and and she's holding a ferrari bag. Yeah so it's like. She's she's she's you know and that's also what helped because it wasn't just i thought i think you know it's apocryphal. Because everybody says everybody was in every movie right now. But i do. I did do some research. And they did want debra winger and she couldn't get her head around it would have been great amazing cast in your head credible. Yes she's really great and they work so well together That scene and it. It's it's sorta hard when you do a comedy like this to not just like say your favorite lines. So just cherry picked a few there but That scene has a couple of my favorites. Was when he's talking about the perfect crime and you know you know. Some girls were ties so it's not a perfect time. It's a good crime. And then gielgud goes if she moded that i would be the perfect exactly. He you know i. I read to research for this little. I did do some reading about it. He he would literally turn allies and goes. I am being funny like what's happening. Everybody was like just keep going. Don't try he was so good. Oh 'cause his eyes he'll something casually he all he had so many good ones and then you get to that crazy. Third act turn. Yes one of my favorite third acts movie ever and just that moment where he says. I'm scared yes oh yeah yeah and you just everything just. And he's not scared for him. He scare for arthur. Yes because as being okay with dying yes. Yeah it occurred to me last night how i never really noticed that arthur has learned so much from him. Arthur deals with his pain through jokes because hobson does. Yeah and hobson. He's he's dealing with his death. Yes through making humor out of yeah and then just that turn were though he he. Everybody says you look like shit yeah. He says he never seen me sober. Yeah it's just so incredible and there's two to read that scene where he's giving the toys to hopson one is that he's just a kid right. The other doesn't know what to do the other. He's trying to distract hobson dying. And you know what the train is. Obviously from his Just that's their thing. But i just love it. Gives them the hat and he goes fi. Start to die. Take this off me. It's not the way. I wanted to be remembered but you can see him just playing here. Just don't feel bad like he doesn't know how to deal with it so he's just trying to distract him from this moment of dying. Yeah and i think that stuff really works because you see the behind the scenes stuff that hobson doesn't see which is him in the hallway ordering the special meals and he doesn't want his last meal to be jello and he he stepped up. You know the movie really needed that. I mean it's one of my favorite third x. To arthur only uses money to try to help other people or make people happy. It makes you happy. Yeah and there's a really critical moment in the movie where he gives her the hundred thousand dollar check and she rips it up and then i had tries which is one of the best acting moments you just hear. Oh for the other room because that is really thank kind of the crux of the whole thing of like money doesn't make you happy right but also has one of the greatest endings of doesn't i took the money. I'm not crazy right but it's also about money can't buy you happiness. You have to find love. You have to find those people that have and take care of and is the. It is hard to be alone. I it's it's it's a. It's a really fascinating movie because i think when most people i think of it They do think of like all those great line. Yucca thought i was just doing great with you. Yeah you think of all those just really hilarious lines but under the joke down is insane. It's just crazy. I don't know how you write a movie. This densely packed with jokes. Either either and they'll have so much heart in. Yeah drama and i kept looking at like if there was some improv stuff to like. I was like going while i wonder. How much dudley improv i. read the script. Well you can. The problem is i mean not the problem. The amazing thing is you see when you over that may was an improv and then it ties in later so improper unless they wrote it down and say oh. We're going to pay like these things. Were so carefully plotted. Yeah you know. And there's so many like little tangents like just the scene with the guy who sells them flowers. You you need five. Yeah no and him do earn the difference you feel in love and then he says. Buy flowers for that girl you saw on the bus. Yeah like he remembers these things and says to people Do this for your wife right as yeah and then and then later on you know and and just the fun of i by ten in green. I don't wear sweaters anywhere sweaters. The whole movie. Yes saying that just to kind of appease the person. He's he's buying it from all these little tiny things that are layered in. Yeah that are pulled through so elegantly. Yeah and i gotta believe. It came from sitcom writing where he just put it all in there and just insanely because dudley so talented. They all words. Yeah because nine times out of ten you know like you go back and you look at the judge movies you know. He's throwing to not all working so you pull them out agree. It definitely was..
"garner" Discussed on Movie Crush
"Dudley plays it real. Where he says. I'm so unhappy I'm who i wouldn't even matter if i was here. I've never done anything in my life. Nobody loves me and he says release of your helmet and your slaps him and he says you little shit. Anybody would love to be you. And by the way and he throws away goes. And by the way. I love you. Yeah it's just those moments. It's such a good movie. It was nominated for four academy which doesn't happen anymore. Yeah i'm really. I mean someone to do. A documentary about steve gordon. And then the making of this film because you gotta know you gotta wonder what else. He had up his sleeve. We'll let me geek you out for a second so having done this for a long time and really now going back and looking at it you can see speaking. First time filming. Yeah so The producers were really. You know there were really woody's guys. They own the arc. There were a bunch of at that time there were different camps so there was the woody campus score says he can't and then the Was his name. I think of it and one other camp of guy who did really kind of great dogged afternoon like great drums. And so the woody camp you could see. They surrounded steve gordon. So it's more says the editor who edited all of these And then the the the Fred schuler who is the dp. He did king of comedy right. You could see they like surround him with the so that he could just focus on being funny getting the best out of out of deadly and i found that really interesting and that movie started paramount and they couldn't cast it uh-huh and then they went to orion so mike medavoy also have had on my podcast. He was the head of a ryan at the time and he bought that movie from paramount. And let them go make. Did you talk to them about arthur. Yeah and and again. Because he had made a lot of movies with woody uh-huh and so those guys brought it to him and he trusted them and thought. Oh that's funny you guys how to make these movies. Yeah it's not gonna cost a lot go do it. Yeah so those are the those are the fun things about the totally where you where you can really look at the movie and go and they just left him alone. In a rapidly changing world people wonder more and more about where their food comes from and how it was grown..
"garner" Discussed on Movie Crush
"Of arthur is about fathers And it's about not wanting to be alone right and so in the hit. Those beats a hundred times in the movie. And arthur says out loud gotta be twenty times. I don't like to be long. Yeah and one of the most beautiful moments in the movie is when he's when sir john gielgud says. I'm don't want you to be alone. Yeah has that. Flat flicker in his. Ira go ooh yeah. Something's wrong with him. Yeah like ten minutes into the movie. Yeah yeah the first night. First morning with the with the prostitute and so the problem. I think with russell is russell. Has this intelligence and his deviousness and i think that the movie didn't work because dudley never played it that way. Yeah he never plays. He's trying to get someone something over on. Somebody never plays it. He's smarter than anybody out now. He never plays that. He's going to you know 'cause anybody damaged an and i think that subtly people just looked at rustling. He's so smart. Yeah and so cunning yet. It felt a little cunning as opposed to you. Want to hug this guy. You know 'cause on paper. First of all i probably just couldn't have seen any arthur remake this movie so special to me but on paper when i saw it was it was russell i was like. That's perfect yeah. Like what a great casting choice I think interestingly and this this is sort of a silly thing to say maybe. But i think part of what made dudley moore work so well was his size. Yeah he was a little guy. He was tinier than everyone he wasn't threatening he was I mean he was a kid heart anyway and so it just sorta felt right. Russell is what's brand right. Yeah i was tall. He's gorgeous tall. Yeah he's looking and it was. I don't know something about it. Just didn't feel like arthur to me. Well that's why he worked. So well as atticus finch right xfinity is that his name. Atticus something in in forgetting. Sarah marshall advocates finch was killed. He worked so well because he has that live kind of good bravado smarter than you Yeah and the thing. That's so great. About dudley. is he's just so physical comedy his nothing better. Just even following a at the susan johnson sounds very slowly following him and just the themes of that movie. If you think about just the none of us want to grow up. It's a peter pan store. Yeah so you don't want to grow up and your everybody fears being alone and really the just the subtle the subtle nuances of just fathers. You know He he has a dad who is american. He's english so by happenstance. This is total break dudley. Couldn't play it american. That's what i read have been in his head the whole time. I've had this so many times especially with australian actors where you go try to be funny and do american. Yeah it's the timing is very hard going in your processing you know. You're you're not a hundred percent there. So dudley said no way so subtly. What they got is that john gielgud raised him. And that's why as an english accent. Yeah i'd love that little subtext. They're so great. Yeah and just the whole thing with your a great son at the end. Yeah in that. And then and then susan johnson has a father. Who's just a murderer. Who just it will kill anybody who gets and then. Liza has her dad. Who's just sweet. Well menia which is literally like pleased. Mary the bill. Everybody is dealing with their fathers. And yeah in different ways. It's really really really interesting. And there's no moms around in the movie at all. there's not. There's grandma's grandma who's who's who's the best. Yeah the ball buster. And so you when you have those. That's why i got away with it. because the vulnerability of him the way he played the vulnerability yeah and those big themes helped propel all that other kind of more hard to swallow stuff. Yeah i mean i have. I have a note in here that he had to have this sadness in him about his alcoholism. Yeah and they. They don't overwhelm you with it. But they're just a few beats in that movie really well placed in in fact one early on when he first goes into the restaurant with the with the lady just picked up The he's at the table and you know as a kid. They recently had. The whole. country carpeted in rhode island could kick. those are the jokes. That was dying at as a kid. You know the little more obvious ones can. It should come in there and scrub your dick for. Yes i like those were so funny to me. And they're still funny but He's going on at the table in the old guy. Says you know we also understand your very drunk and you just. It's a face acting thing you see him. Realize i've done it again and i've embarrassed myself again And yet if those yeah he does and if those little beats weren't there oh it would not have worked every time. He's sitting at the table and he has a moment where he's holding the scotch and she says something and he he goes you like me. Yeah and she goes. Yeah and he c- he stops and he goes no no. Do you like yeah. It's like little little mom heartbreaking. He has the best line. I think of any movie in the last twenty years which he says not all people that are poet not people who drank our poets. Yeah some of us drink. Were not as we're not i have. Oh my god it jus- it just got joe. That's the line hills. There's so many lines that also just like sir. John gielgud saying again right to theme. She's liza minelli says to john. So john You take good care of them don't you. And he goes. I do yeah job. I highly recommend right. He's just like those moments are so real aspirins or for you was another amazing. There's so many real amazing performances in that just just when also favorite ones which i didn't get as a kid and just really made me a lot of went over my head. This is this is a rhythm thing he walks into lies apartment in the first eight tells the data if you could just you and your undershirt but then he walks in and it is probably thirty second tracking shot with john. He's taking in the entire yet. And you think he might go give them company goes how revolting. He such an asshole in that scene. It's funny all he's doing is sort of disparaging the father and yes but she still has stars in her eyes because she'd thinks he's a sweet guy he can. I kiss on the cheek. Is something feels strongly. He's yeah no that movie by heart. It's me too. I i i have to watch it alone because i will start just doing all the line now and he you know and then again you have those moments..
"garner" Discussed on Movie Crush
"Of your world to. I mean it's so big now you go on go on someone else's podcast and we were talking about that shepherd earlier like he is a huge podcast and so you know. He doesn't need to go on anything else he can. Just go on other people's podcasts. In yeah so. It's a lot more fun to do that. And 'cause i'm kind of thinking now wasn't like lamenting that i don't wanna go. I never really. I don't know it was always very nerve wracking for me. So yeah. I worked. Joe rogan on Comes the boom and he was talking about. Yeah i think about doing this podcast. that's horrible. Yeah he's going to denver and we get out of la my good. I'm now cute. What are you doing. You can have a microphone awesome. Oh my god yeah. he's wealthy. Yeah yeah it for him All right so you wanted to do raising arizona. Yes and In that rat deck shepherd took it from you. And i think you put out a couple of more but as soon as you said arthur a jumped on it. Yeah because and this is no lie tied. I think from the age eleven to probably eighteen or nineteen. It was my most seen moving into when i got into college. I started you know. Like spinal tap and block saddles over and over and over but I h. hbo ran it. It was one of those. Hbo movies for me. Didn't see it in the theater. Either and i was an. Hbo kid who did nothing. But sit around and watch movies or mtv and Arthur was one of those movies. I thought it was the funniest fucking thing i had ever seen in my life. One hundred percent and by the way and it holds up. Oh totally hold up. And what's fascinating is i. I didn't even have hbo. My i live in san fernando valley and so my one friend had vhs machine So we just went back. And forth between stripes which also came out in the theater and and arthur and just went back and forth and back and forth and back and i wasn't allowed to what stripes really that's fascinating by the arthur was. Pg at the time then it's interesting because it was pre- pg thirteen so. I guess it wouldn't have been are really. I guess maybe now it might have been. But i mean the language. You can't even make it now. I know there's all within the first minute of the movies. Picking up a prostitute drives hammered. Right twice it's funny as an adult seeing it last night I hadn't seen that in a while but it is interesting to see a movie a comedy about an alcoholic and yeah and someone who's got a really really bad bad drinking problem. Yeah and it's so funny. And he drives drunk and like yes. No way could do that stuff. You know what's interesting about that movie. Yes but it for. I shouldn't work right. Shouldn't nothing about it. You know it shouldn't work. You have the. It's the strangest capitalism as the strangest piece of casting which is beautiful works great and it was ever winger for which would have been amazing to but and and again playing drunken comedy is hard. Yeah now if you go back and look at really just the way. They made that movie. Steve gordon was a first time he was a writer director. Yeah ripples around forever. The only other feature script he wrote was the one and only with with henry. Winkler wright played basically gorgeous. George yes he had come up through some tv barney miller and those kind of television right great tv writer. Yeah made this one movie and died of a heart attack six months later. Yeah which. I don't i don't know a lot of people know that but at forty four years old. Yeah just tragic awful. Yeah and everybody that read the script loved it but it was again really hard even then very really and then what happened is thank god dudley. Ten right so blake edwards. Prove the deadly complete drunk. Yeah which is still one of the funniest things have been going down to mexico. So dudley could play drunk and it didn't feel like a s- a bit. Yeah and the thing about dudley. That movie if you if that the first five minutes of that movie should be should be every film. School should be required to watch it He is within five minutes. You have everything you need to know. I was talking about efficiency is set up so much on the. This is the most efficient so important. Eat the first of the song lyrics of the song. Say the disguise stuck between the moon in new york city so he did obviously going through something. Amazing laugh is hilarious. Yeah i three lines of. You know are hilarious. Then he pulls up and the first thing he does he pulls up in his car and on the side it says. Abc obviously go. Okay well that's must be his initial. Yeah he's holding glasses scotch. It's got a driver who's completely unaffected so that must happen all the time. Yeah rolls underway and others to prostitutes and he says the dushi thing at first which he says with a more attractive of you pleased up for right. Neither of them do right. His face instantly changes he gets that vulnerable. Look yeah and in a very real way says with the person who finds me most attract right stuff up. Yeah and that everything you need to know. He's vulnerable he's willing to be real uh-huh and then she walks up. He has a hilarious negotiation where he negotiates against himself. Yeah she then says who is that he says. That's arthur bach. Rice is. That's arthur bach. He won't tell us something wrong with him and he thinks for about five seconds and he goes yes. Yeah everything you need to know right there. Yeah and so you go okay. This guy's got a problem. He's vulnerable yeah. He's not he's a nice guy and he goes give her a hundred dollars. You've got kevin second right right so. Just you're in yeah. He's not like and again not to disparage the the sequel russell but like you watch russell's performance russell. Has i never saw it. I couldn't bring myself to. Here's the difference between russell and dudley dudley. First of all was he drinking that movie. Was he a drunk or now okay. The whole movie.
"garner" Discussed on Movie Crush
"A a commitment to the future a want to hear your thirteen going on thirty story. Okay so this is lee movie this. There's a couple. There's a bunch of them but but not about thirteen or thirty. There's always that moment where again this is what happened with you and i am mortal kombat. There's that moment where you know you go your move your movie producer. Yeah what have you done right and you got a boy here. We go because he. You know it's going to be. What do you when you do that. What you're what are your first three movies. Your name of your own. I just been the person really okay. If i would've met you know. I did blackout down on glove. That what else. Pablo mockup big movies. The but it's not like it so anyway so a couple of times. This happened where you just like. One time i was. This is not a thirteen until the thirteenth cook. But one time. I was on a plane. And they said oh. It's going to be this movie with. The movie is going to be this movie. It's comedy like cafe scene. It's i put my headphones on my glasses when they used to have projected the main screen yet and his. This dude next to me was laughing so hard sixty old man and i'm like in my head going smooth. He's not. I know that movies. Not that fucking funny right like what the hell is this. He's being annoying easy mocking the movie. This guy. I want to kill this. And i took my things off and it was mall cop and i went. I love this guy. Enjoy this weird tenuous thing. Ego was like so fragile. Right thirty nine thirty is this is. It's a little bit of a personal story so My my wife and i lost a baby at birth. God which is why left. Settlements travel so much. We told you. I told you. I'd lie about love that movie because and One of the things. Was you know as we going through this. We were in the hospital for a couple of days and it happened to be new year's day and comedy does this thing on new year's day where they put these movies up Comedies and for briefly like our so my wife would be laughing. Both kind of forget where we're at and it's very much about like sullivan's travels when guys are in jail watching the three stooges and so i just love to make comedies. I and i. And i don't feel bad about making comedies. I i can give people joy it. It's very helpful. So my daughter molly thirteen. She was being born and we had higher doctor. And it's very emotional and scared shitless. Yeah and i'm just you know crying and just hope praying everything's gonna be okay and this nurse leans and goes. I have to say thirteen going on thirty. My favorite movie is like a sweet. Okay twenty better than you hating it. Yeah that was a really good movie. Has one of my favorite music use of any movie. 'cause i'm billy joel in yeah that vienna q- it's so great. Yeah i mean identified with that kid. Some i think the younger version sure. Yeah i mean that you know. I love the. That's why isn't a. I have a few. I've i've i've the woman that i've worked with on a few movies named gina matthews. We did that movie. Thirteen thirty we did what women want. Together we did isn't romantic together. We did this other movie. Call my life together. And so i i love making those movies and it's funny and i was thinking about this the other day i have a son who's twenty And you know when i when he was growing up i was making triple x. Lack dowd and dude movies action movies and and my daughter now like even this movie and thursday night thirty and and isn't it romantic. I always try to sneak in a little lesson in there You know about the film itself. Yeah just the theme of it like. Isn't it romantic really is ultimately about loving yourself and not being caught up in the romantic comedy tropes and and and this movie. I'm making right now senior years that way too. It's like you don't need anybody to be successful. You just have to kind of do it yourself and pull yourself up by the bootstraps and and work. Hard and thirty nine thirty was the same thing it was like. Don't try to go for popularity. Don't try to go for the things that are vacuous and shallow. Be a real person. Now i tell my daughter. All the time like specially for for for teenage girls. You don't need everybody to like right if you have to one or two really good friends. Fine because chances are the only people that are going to be in your life. Later on in life thirty brands might as well pack of people. Yeah so that's always tried to sneak a little aspirin in the applesauce that way. You're good guy producer. I'm trying now. I yeah i i just again like i watch. It's it's it's an interesting thing. I it must be like us gonna be awful and you may want to cut it out but it must be like being a good cop like if you see like their shitty cops out there. You're a good person who wants to do right by your community and just seeing your whole your whole profession just being. Yeah shit on. That's what i feel like about being a movie producer. Because like if you google movie producer right now. Nothing good is going up i. I'm sure for a while you have to go through the google search ron. I just don't yeah again. All my friends these guys that are that i interviewed every person and every man and woman that i interviewed is a good person. Yeah and and they're making ninety eight percent of the shit that's out there. Yeah that's good to know. I'm glad you're putting that message out there to Very cool again. The producers guy. Todd garner in hollywood's elite If you love movies i mean. It's getting a peek behind. The curtain is so fun for me. I know a lot of fun for our listeners. so I appreciate you talking about that stuff. Yeah i mean we. I talked to jeff probst about catering for about forty five minutes if you really want to get in the weeds. Thanks big deal. Why think about how those people for thirty nine days on the island so if you want to get into the weeds about producing. I'll josh actually on when he had his. Tv show his talk show for a little while we were on the probe show. Yeah it was one of like two or three. Sure talk shows that we ever did also wanted two or three episodes. He did wife. Lisa to yeah he he's he's the best. He's a really good friend of mine. He's probably i think he's the best host in the last twenty years. We it's funny. We got more ops like that earlier in our career. We don't get any asks anymore real anything and maybe it's just because podcasting itself is so huge now. We're just in the mix of a gazillion other people but yeah we used to talk shows and all this stuff and it's so funny too it's like especially in the world of podcasting podcasting becomes a world where you.
"garner" Discussed on Movie Crush
"It's like they're not like first time in the sense that they just like decided. Hey i was a farmer. Now right. They have tons of experience but not tons of experience. for you know maintaining a story line for two hours which is which is a different skill than even working in television. What about have you ever had like literally like a fresh out of film school experience with someone or Not that i can recall off top my head up. i don't think so but Yeah i'm generally those. Those filmmakers generally start in the independent world. You don't really get a lot of people come around at film school that go right into speaks move. Yeah they usually that is usually reserved for kassian in those guys at a go. Raise the money a couple million bucks for somebody to do that. Yeah and i imagine especially the first timers it's it goes both ways like you have to instill confidence in them so that they believe in themselves but for someone like you that's boots on the ground. They probably have a lot of confidence in you. You're not one of those producers sweeps in there right firing off notes and ideas. Yeah then the fuck is going on. Yeah i feel like a really good producers like homeland security. Yeah if no explosions happen. You've done your job. Unfortunately you'll never know right. So i always try to stay a mile ahead of everybody right so that there's no it's always a soft place to land. You're not like going. What the hell's happening you're clearing the path out and a machete and yeah very exactly right and especially actors Also just want to make sure the comfortable you know. Look it's it's it's a it's a lot. It's a lot to ask somebody to leave their home for months time. It's a lot to ask somebody to be vulnerable enough to put themselves on a screen. That's hundred feet wide tall It's a lot to get them to be emotional. And it's it's a lot to be an actor. And so i really just want to make sure it's they're going to have the best experience i've ever had on a movie. They're gonna be well taken care of. Well fed well rested. We're gonna be comfortable. They're not going to be dealing with a bunch of bullshit. Yeah and just then you're just free. It's like being a pitching coach right. Just free to let the guy throw the ball fast as hard as he can so interesting to hear you talk about it. I don't. I don't think a lot of people would say that. They would expect to produce her like one of the more important qualities to be compassionate empathy. I know that's why he want to the heart of it. If you're good. That's why i wanted to my podcast in the people that i i've got one hundred and eighty hours if anybody wants to learn how to be producer of just the best in the business. Everybody and i can recommended. I listened to those types of this morning. Great yeah anybody. I can think of and people if i were making fun of me. It's like oh great. Todd you just talking to your friends for an hour right and then as it went along. It's true they're all my you know all associates not friends and it was deliberate that way because i wanted people to be intimate and people to not. Just give me the road. Yeah you know you go to the set to really talk about what inspired them and how they got into the business and how they think about movies and how they think about the nuts and bolts of the business because it is. I was in australia for five months. Shooting mortal combat. It was hard. I quite enjoyed that movie. Think that's how we met. This is the greatest thing is. I admire you so much and i and i hear you talk about movies and i generally agree with everything you say they have a pretty high brow tastes and so when you as soon as you guys started talking about video games as shit and then as i went mortal kombat. I know it's coming. I just you know because it's just that thing you go. Oh please you seen the mortal combat but we like. Oh god no. It was good. And i'm like god. Oh man thank you. I enjoyed it. I thought it was a lot of fun. It looked great though is enough I mean they captured the video game stuff. That was enough there for the video game fans. Yeah and the easter eggs to really get into about that for hours. A tough one. I mean is it really tough but yeah but being australia for five months away from it. You know half a world away from your fans out where it was. Yeah who's in adelaide australia. Okay i have empathy for everybody. 'cause i'm doing it right again. You know i'm there and i have. I have a wife and two kids. And i know what it's like to be away for from your family and to be lonely and to be sad and that's not indicative for good comedy. Yeah so unless everybody's feeling supported taking care of. It's hard to get good stuff out of people right. And i you know i every movie i go why i've seen it all now. Yeah you know. I so most of the time if something happens to somebody emotionally or they're going through something i can say. I've seen it before and help them. Because you have to be unflappable. Yeah yeah you can't be the one not it's freaking out or if you do you go into a separate room into the loan. Yeah yeah yeah. A lot of A lot of just being by myself and my condo silently for but yeah You know for sure. You don't wanna look at the firemen and having going. I don't really know what's happening. Where's the hoes. Don't want you want the guy to go like let's go. He's freaking out right now and so again going back and reading like a lot of hollywood history and reading about those old timers and those guys. That really did it. They're just those guys now. They're just they're just the guys that just did nothing bothered him. Yeah you know the guy who you know above green who produced Arthur each pretty all the woody movies. He's in new york guy. They had their offices in new york. You know they would double bar thing. They shot in new york in the eighties man. They those guys were just the the the guys i really admire in terms of. Just that sort of Like yet just taking the beach. Yeah that military idea. that's cool. Yeah.
"garner" Discussed on Spiritual Dope
"I mean you can meditation app. And there's like forty two open 'em up in in that foreign those forty two apps thousands so just started playing around with that i went to. I just finished a training but my husband was sick. You know about that hasn't got really sick last year. Throughout the course of that had a lot of release specific they really like a of trauma. I hate that word. And i. I hate that word but i do alive really specific. Traumas that happened. I saw him through throughout the throughout that ordeal. Yeah yeah He almost died a couple of times. It was pretty hard. And i lost my ability to drop into meditation really quickly and it got so frustrating to me too. I was like this is a tool that i have that i need more than ever in a kick into a didn't know why in every to a friend and she was like. Hey i've actually been doing some studying on trauma bays meditation. In how like in times where. You are really hyper focused on these events that have created up in your brain. Meditation can actually be really damaging if you're not you know guided or led in the right way or you're not aware of that trauma and so i started reading a little bit about that in just actually went to a training on Healing which was awesome super awesome..
"garner" Discussed on Chachi Loves Everybody
"They can do on the next night for boston. Could do another one that would be a residency but we can gio fence all of that through our streaming. I mean it's amazing. You'll be able to radio from their podcasts. From their streaming from their video from there. I mean it's really a multimedia production studio we even with respect to the television crews There's a television production room walking in their shoes. There's a portal at the at the side of the building where the tv trucks common. They just plug in. And they have full access. So the whole lighting rig to be all cameras to everything we wanna make it as simple as we possibly can and we wanna have whatever it is that they may need everyone who comes through. I say what's on your wishlist. What do we need to do And it's that's factored into. I think this collection of it. His the has grown so far past any idea that we may have had initially two years ago. We've been working on this for over two years but the end result is going to be unique. The end result is going to be different. You know i'm hopeful that we can show another approach toward sustainability and viability for venues throughout the country. I'm and i'm hopeful there. There probably a lot of other great opportunities out there. And i look forward to learning more about those but this one seems to be working for us miss the one seems to be honoring a lot of attention so we are fully pregnant with it. The build out should be done early. April were looking for our. As i said i think our first live stream events mid to late april and then you know shows will roll out more on the livestream end of it until he really get cohen under control. And then as that comfort level begins to you know they'll kinda ducked help but now the livestream component will remain and you know be able to have the audiences there as well that's Man incredible what a project so exciting..
"garner" Discussed on Chachi Loves Everybody
"Someone that you don't know there in the market has since you my way. I'm looking for some new air staff. And i've heard a lot about you. Not kind of like to hear you know. See whether or not you'd be moving new york. Oh jeez mr border. That's really nice. You need to call and everything. But i just got here. Houston and i wouldn't feel right about that and so thank you so much. I really appreciate interest. But i couldn't do that. And so he so least. Would you please to semi tape. I just wanna hear. I said okay. I can do that. So i got it and i called my dad my mom immediately thereafter and i told him about it is that that's turned down. I was thinking the same. Think i said well. Of course. I didn't feel like it was the right thing to do and he goes player. You gotta at least hear what they're saying so in an effort to kind of renew. Maybe a little bit of interest. I fed ex. The tape to larry and So he got it first thing new york time and again dead asleep phone rings. It's larry larry. Hey got your tape. You're what i'm looking for. I really want you to think about coming work in the united states. I seriously thank you so much but i. I don't know that i feel right about that. 'cause do all this fly you up here just for an afternoon's flap. Look at it as a lunch. A chance to come to new york city. And that's that i said well okay as long as you understand that. That's all of it. And he said okay so because i i believe in doing the right thing right and Naive little canyon texas kid. I go into bill. Richard's office my program director there in. Houston you're not gonna believe what happened to me today. He said what i said this call from. Abc news urine. Guiding larry burgos. Yeah i know hilarie berger is is it. Yeah he's east and he's like what did you tell him. So i i'd feel right but you know he's so i sent him a tape and he's still really liked it alliance at all okay and i'm just so naive to the way that things work so i ended in by the time it was done. I turned larry down three times on believable. It became like one of those things that i literally avenue. And in fact they'll richard stolley said you know you can't turn that down now. The the guy who was the general manager not share his name out of he was none too happy about it and in the in the break room screamed at the top of your lungs to me. He said that. I fucking agents. And if i had a root of unity hanging from the side of this building right now oh my god and it was..
"garner" Discussed on Chachi Loves Everybody
"And that is the sweetest thing i know. You know what i drove. I drove by that time. I only kept. The cars would switch very commonly for me. And i. I did still have that but i also had a one thousand nine hundred eighty th anniversary blog addition to eighty z x. My gosh mazing cars. Those have really gone up in value as of late by the way. A limited number yet that additional. That's a really talking about cars quickly and it gave me chills. But my first business was auto detailing. And i had an auto detailing. Business called splash auto detailing and still to this day on my american express card. Got the splash. Name is kind of just a a keepsake and remind yes i'll send you some pictures and my dad literally just earlier this week. Sold his fifty six t bird and you're looking at the fifty seven it was read not the turquoise but it had the portholes and the continental kit on the back and the bullets on the front well full full circle story. I ended up in nineteen ninety. Eight by buying frank sinatra's fifty six hundred bird no way and it was the Turquoise with the white porthole one point he had Painted the car black when he had it. And then a guy named jack says converted remix concrete that a full conqueror restoration on it and I bought that and about sixty two m series thunderbird sports roadster from him. The the triple aspirated three ninety. A really limited edition carpeting. I've bought those from the dax's collection. So you did get your t-bird. I got my t bird you know. It's funny because i don t bird. I owned the jackson five family station wagon in nineteen seventy one cadillac. Limousine that have been converted into a station wagon with vista cruiser. A top on it. The how cool and didn't ever try to do. This is just happened. I bought hugh hefner sixty two cadillac convertible. No my gosh. The cars that you have and i love the provenance. By the way. I did never set out to do it. That way kinda fell my way that is that is the coolest when we get to the muelhausen. Wanna talk about if the cars will be of part of the meal house. But it's you'll to do to the cars okay good. I'm excited because i have that in my notes talk more about cars..
"garner" Discussed on Chachi Loves Everybody
"Other things going on that. We were probably unaware of but it definitely felt to be so much safer and so much more comfortable than and i do miss that and i think unfortunately big cities of lost a lot of that or maybe never even had it. I think too that you know. As far as that innocence social media is just such a downfall for kids ability to make a mistake in have a replayed again and again on youtube or shared among friends. Or you know. Used to be that. If i made a mistake the only people that knew about it really were the ones that were there to excellent point and now you do. Something silly just lives on forever. Yeah i think the kids are we never worried about. Cyberbullying we never worried about Think a lot of issues now that kids today do so a really good point. What did your parents do professionally. So my parents met In band my father was abandoned orchestra director. He taught at west texas state. University crawl total nineteen sixty three till two thousand seven ten. Something like that so long time but he has always been in music education. My mom she sat second chair to my father. She just thought he was it In fact she went back and told her friends she goes. I met the gary garner. That's so cute and you know it's such a blessing that they had that wonderful relationship. Sally my mom passed away. Nineteen ninety four and it's been really problematic for my dad. I know that he lives just wishing that he could go back to those glory days and nineteen seventy five four. Something like that and i know i know. It's really hard for him. My mom's made such an impact see with the true matriarch of the family and the turtle. Optimist and dreamer. And i think that what. I'd like to think a part of her lives on me. I'm not nearly as good as she was. Mother was the consummate idea person but unlike many when mom had an idea it wasn't just the the launching point for something it was an idea the beginning a middle and an end and all the steps in between how you achieve that and you know i know that my husband eric and you know my family got me because i can crowd to give out you know hundred different different ideas every single day i. I'm sure they get sick and tired of like. Yeah you got once in a while you find one that has legs like after midnight or you know than this. This will house. We'll talk about in a bit. That's know it has real substance to it or you know the ability to to become reality they went. I'm sorry i can't go off on different. I love it five. Find it completely fascinating. So you're well loved. Sounds like your parents are very creative. And that's where your your love of music came from you play any instruments. When your kid. I did i did and it was not the one that i wanted to play. I'll admit that to you..
"garner" Discussed on Chachi Loves Everybody
"I think is one of the most brilliant interviewers that is out there and he lives in he does very well because of those interviews and even if he were still on terrestrial radio. I think that his numbers would be phenomenal. So interview is a hallmark. I it's one of those things that's challenging to do. But you do it so well. Because what i believe is the foundational elements any interview in that is simply listening. You know you listened when when i listen to you laurie. Lewis watched you as well. I saw that you heard what she said. And you knew where to go. You gave a thoughtful question on the heels of what she had just said and that's he listens on a big fan of what you're doing of this podcast and the fact that you didn't hit me back to be honored i'm really honored and i'm just like beside myself now after the link. Dan was just a in order to what you just said. I thank you very much madam. Any program director. I gotta believe there's going to be a swing of the pendulum at some point That's what the onslaught of podcast this allows you to do. Exactly what we're talking about to do a deep dive. And i think there's a real beauty in that that is going to research and find itself much more highly valued than it has been recently. I i completely agree with you. And that's why. I'm really excited to get into a meal house in what you're doing there because a gigantic endeavor. I'm going to actually give a little tease. And we're gonna go into the beginning of your career and then get to what you're doing now the mule house but you have an amazing quote that your father actually said To you and he's who inspired you to have so much courage. I guess both you your mother and your father and your mother had said that early on that. The odds don't apply to you. Which i think's just a fantastic quote and then your dad said if you're gonna make mistake make it as big as possible. Don't be timid. And i love the just. How courageous you are. And i wanna get into more of the mule haas here in a few minutes but to say that it is an ambitious project. I think is an understatement. And what you're doing is just absolutely amazing. So that's the teas. And let's talk about grownup in canyon. Texas okay were the catalog number. The people about three. What was it like as a child. You know what it was in an idyllic society. I feel badly. I feel bad my brother. Who is the editor black's law. I just had a conversation moments ago about the use of bad or badly like i feel bad for somebody. Where do you go badly for somebody. What do you think a man. That's a great question i would. I feel bad. I think is what i would say. Bad right i feel bad. Otherwise it's like if you were touching like i'm not good at touching my skin them so the correct usage battle you don't wanna play scrabble with my brother. Not no he. He has twenty three books published in the legal field. He is i said is the editor of blacks law. He wrote to landmark books with justice. Scalia the supreme court only g was one of his good friends. Chief justice. John roberts is attended my brothers Speaking seminars it's all about how to rid the legal language of legalese to make it accessible to the lay. People like you. And i like you and me see right. There are just catching myself. That is as fascinating so your brother. I'm taking it highly. Educated and scalia is someone he had a quote and i'm going to butcher it but he said i don't attack people attack. Ideas is true..