35 Burst results for "I. Abc"
FBI Vetting Reveals At Least Two National Guard Members With Extremist Ties
"Capitol siege. The FBI now doing background checks on the nearly 25,000 National Guard members working inauguration security to make sure there's no threat from the inside. At least two members have been pulled from their mission. Baby sees Alex Stone is in Washington, a defense official confirming the ABC News of the vetting underway on National Guard troops here. He's found two Army National Guard members who allegedly have ties to far right groups. They've now been removed from the inauguration Security mission. They're being investigated. The background checks are ongoing. President Trump
Two Army National Guard members removed from inauguration duty
"Inauguration security in Washington have been removed from service. It's part of vetting for the security of tomorrow's inauguration with background checks underway on the nearly 25,000 troops here. A defense official confirms ABC News at vetting his found two Army National Guard members who have ties to far right groups and have now been removed from the inauguration Security mission. They're under investigation right now, commanders are being urged to flag anyone who could be a threat to security. This is a B C's Alex Stone. President elect Joe Biden,
Trump lifts COVID-19 travel restrictions, Biden to block changes
"Washington Trump administration, lifting the travel restrictions put in place on those coming from the U. K the U in Brazil, Even though the incoming Biden administration says with new variants of the Corona virus spreading quickly, this is not the time to change anything. A new ABC News Washington Post poll shows nearly nine in 10. Americans say the pandemic is not under control. Two thirds also say they intend to get the vaccine. You're listening to
Biden’s national security Cabinet nominees face Senate tests
"There'll be any approvals today, but Senate committees will take up Biden's national security nominees. The Senate squeezing in hearings for four major Cabinet officers today, Secretaries of Homeland Security Treasury Defense state and the director of National intelligence All lesson 24 hours until Joe Biden is sworn in. That means the new president will likely have no confirmed Cabinet secretaries when he takes office. Typically, the Senate holds hearings and quickly confirms appointments. The Republican controlled Senate delayed that had changes Wednesday, when Democrats take control of the Senate. ABC is
How Can You Improve The Effectiveness Of Your Google Ads?
"Hey there eric j olson. I recently reached out to the folks over at rival digital our sister company and asked. Hey is there anything you think. I should address on the podcast and eric thomas. The president arrival digital said. Yeah i think it makes sense to talk about how your quality score in google's ads can improve if you have specific landing pages that are specific to the phrase being advertised in clicked on. This is a lesson learned that we've also taken over from array digital uber to rival digital with no of both companies. Now that you really actually you. Don't you do not want to drive traffic from google at or really any on add to a generic landing page. Ideally and this is what we do for a living here every different kind of message that you have in google or even a facebook ad when you click on it and you go to a web page a landing page you want that message to be carried over to that landing page and the more the better so if a particular specific word is used you know like when someone queries google when they search on google and then they get your ad if they see that word and then when they click on the go over to your website. Nfc that same word again if you can get tight and not only for one word but for loss of different highly variations of the ad. Herff it you want what. They searched for one they see in the ad and what they see in the landing page to all match and make says i mean. Think about it. If you're searching for abc one-two-three an ad comes up. That says something totally different. You're like that doesn't make any sense. But if the ad says abc one-two-three and you click on it and you go over to the landing page. The landing page says get abc. One two three like this is perfect for me. Make sense right what you search for is the idc and the ad dc takes you to a landing page says exactly the same thing. That's what google refers to as the quality score and you increase your quality score by making sure that messaging is consistent between what search for the ad and the landing page. A lot of people. Do make sure that the ad says what the actual query with the person entered. They make sure that it's pretty similar. But oftentimes they
Grammy-winning music producer Phil Spector dies of natural causes
"The way popular music is made. California State prison officials say eccentric producer Phil Specter died in the hospital of Natural Causes. At the age of 81. ABC is Kristopher Watson. With Phil Spector's story, one of the most influential producers in pop music history. Phil Spector's unmistakable wall of sound studio mastery revolutionized recording. Produced hits for the Righteous Brothers, the run at Psych and Tina Turner and more in the sixties that it be 70 saw Specter working with John Lennon and George Harrison of the Beatles After producing the band's final studio album, Let it be Dropping Out of sight For decades, Specter resurfaced in 2003 accused and then convicted after two trials of murdering actress Lana Clarkson and sentenced to 19 years to life in prison in California. Kristopher Watson ABC News This is
Dodger Stadium Becomes Site For Mass Coronavirus Vaccinations
"Was serving is the nation's largest covert 19 testing site, but ceased testing for the virus this week because by week's end, it was converted to a vaccination site. Vaccine sites are are now now popping popping up up in in areas areas all all across across the the country. country. Let's Let's go go to to Los Los Angeles Angeles to to talk talk more more about about it it with with a a B B C's C's Alex Alex Stone. Stone. It's It's pretty pretty incredible. incredible. If If you you think think about about it, it, Sherry. Sherry. All All of of the the times times we've we've been been to to Disneyland or to Dodger Stadium. We never would have expected that one day. Not only would they be closed and for almost a year now, but also converted into mass vaccination sites during a global pandemic. I mean, I think that going to Disneyland, you and I have been there together, Sherry and I think about Being there with my kids. My mom thinks made me go back through old videos on my cell phone of what Life was like at Disneyland before. All of this started even just a year ago and went to a Christmas party at Disneyland on and if you don't live in Southern California, California, you you may may not not get get it. it. But But when when you you live live here here if if you've you've got got Children Children and and you you work work for for Disney, Disney, as as we we do, do, since since it's it's a a parent parent company company of of ABC ABC News News That's That's where where families families go go on on the the weekends weekends or or days off. And for almost a year now that part of childhood for so many kids has been wiped out. The gates have been locked. It's been shut down or Dodger Stadium. All of the games that I've covered there over the years, the very first pitch by the Astros here and Dodger Chris Taylor slammed it out. Ah, home run, this crowd went understandably wild. How many times All of us were in situations like that in a stadium? Not thinking about a deadly virus. These Dodgers fans are celebrating. Right now They're waving blue towels in the air. And now many people here in L. A. I know I have numerous times have been testing at Dodger Stadium for cold, but it's been the country's biggest testing site cars sneaking around thousands of people getting tested every day that has ended. Now. This weekend, it's morphed into a 12,000 person, a day vaccination site like all over the country, iconic places that can handle big crowds are being turned into sites to get a shot. Disneyland's parking lot now has giant tent set up and now instead of it's a small world families will be going there to get the vaccine Sama Dodger Stadium, California Governor Gavin Newsom saying This is how we're going to get out of the pandemic, speeding up the administration, not just priority groups but also now opening Up large sites to do so, meaning Dodger Stadium, Padre Stadium, Cal Expo and beginning this weekend on radio and TV, New public service announcements raring trying to convince Californians of win their chance comes to get the vaccine when their number is pulled not to bypass the chance to go and get it. Good. 19 vaccines have arrived. You've been recommended by California's top medical experts because they've been proven to be highly effective now. Luckily, California is beginning to see hospitalization numbers leveling a bit. Sacramento's region in Northern California that stay at home order has even been eased in the last few days, but 300 miles south here in southern California, each leveling off a bit, but hospitals remain overwhelmed, and public health officials are pleading with people here. Just stay home. The damaging impact to our families and our local hospitals from this surge is the worst disaster our county has experienced for decades. That's L. A county health director, Dr Barbara for rare putting out her daily message. So now we turn to these iconic sites where it still feels like a movie that now they're mass vaccination sites. Not that long ago. It's where we gathered for fun. I have every hope is soon will be able to return his family's going out and having a good time, But right now here, at least, it is a battle reporting for perspective. I'm Alex Stone, ABC News in Los Angeles.
2021 Voice AI Predictions with Thadani, Tingiris, Stapleton, and Fields
"Welcome back to the voice about podcast. Worse okay so we're gonna get your prediction is why don't you just tell who rain agency and what you do. Short so ran is an agency that sales voice assistant experiences for large companies. We work with companies like nike nestle. Flat rock in the win and we really help them design and build conversational experiences. That are going to drive business. Value so You know some our collaborations in work have been with google on. Abc mouse and we also recently built a experience for the win hotel. Las vegas where we implemented a voice enabled concierge in their hotel rooms Slept on the work that we do. That's awesome well. I shouldn't have to talk about some of these projects you've been doing so we'll figure out an appropriate time for that. Because i'm i'm interested in what's going on with the win. They were an early adherent to voice. I know they've continued to invest. So that's a good example but today's focus is on what we should expect to the voice. Ai industry over the next year and to summarize you're looking at the rise of owned some people call them cost them some people call them branded voice assistance. Why don't you describe what that is to you and why you think that that's going to come to pass. Yes so You know. I think we've all been seeing. Rain has been very bullish on this space of own voice assistance. So these are you. Can think of america's erica or walmer. Ask sam so rather than relying on the army. Assistant landforms forms like alexa. Google assistant like some of these brands have in the past. They're building their own ranted. Ai assistance That sit on their own channels. They more control over the user experience in the data that comes out of those experiences and the reason that we've been particularly bullish on this in our twenty twenty one. Prediction is just based on a lot of the antitrust regulation conversation. That's been happening over the past year. in in our view at rain there has been unprecedented. Scrutiny of tat as a whole. It's really the first time that you know. Government leaders across both sides of the aisle are taking a vested interest in antitrust topics. Actually trying to understand them and understand that they're asking. There's a lot of reason to believe that they tech companies may not look like they do right now in twelve to eighteen months in q. Add on top of that. What's been happening just past week with twitter and amazon apple after some recent events is just more ammunition that will fuel this conversation around breaking big tech which will certainly impact voice assistance. Kind of how. How wall yeah. I think that's interesting. I was just talking to someone earlier today about this. They brought something up. And i said you know. There's a lot of companies out. There have been focused on different things over the last decade. And i think it's it it might be that a company like amazon which is really just focused customer. I you know they have their strategy customer. I you know that's been a twenty five year run of that focus. They might actually start looking more legal and regulatory focused over the next decade. And i take a lot of rash or maybe justifiably so to say we have to do that. In order to keep serving our customer. That is the way we best serve our customer. But i think that's really interesting thing but like not to go down that rabbit hole too much. Because i'm sure there's plenty of opportunities to do that. You're happy to comment on that. But this idea of assistance has been something that we've been talking about On voice for awhile. I know you've been talking about it. I think there's a sense that Doing this is too hard or that. The investment is really to significant that. If you're only only amazon or google can actually get away with this I don't think you agree with that. Yeah i think there are a lot of different ways to do this right. There are ways to do it Round up a lot of investment. Probably very hard as we've talked it out in the past like thank america did with erica and i have talked about the fact that we consider that to be successful. A lot went into that success rate but there are other companies that are doing it in very different ways. In still leveraging. I think solutions are kind of being patched together because today there are a lot of really interesting tool providers out there raza pico to fi- you could very well used pieces of these different assistance to at least start to test and understand when owned voice. Assistant would look like before. Making larger investment in rain has been kind of in the gamut of those types of experiences. So everything from you know. How do you do this from the ground up to starting to piece together. Some of those providers to It'll be solutions.
Washington, D.C. fortifies security ahead of Biden inauguration
"Wednesday. Shops have been boarded up along Connecticut Avenue in downtown Washington, D C. Huge rectangle surrounding the White House down to the Lincoln Memorial, stretching all the way East past the Capitol streets are being blocked off by the National Guard. Biden's inauguration is taking place under unprecedented security. Given what happened at the Capitol on January 6th, some 25,000 National Guard troops are here to keep order. Marco Malard ABC NEWS Washington A
Grammy-winning music producer Phil Spector dies of natural causes
"Came to prominence for his production technique dubbed the Wall of Sound. He was serving a 19 years to life prison sentence in California for the shooting death of actress Lana Clarkson. State Department of Corrections said the 80 year old died of natural causes You're listening to ABC News.
Giuliani says he's on Trump's impeachment team, would argue voter fraud claims
"Trump is now trying to assemble defense team for an impeachment trial, which could start as soon as next week. Saturday, Rudy Giuliani telling ABC News he's involved and is preparing a defense based on discredited claims of voter fraud. Giuliani also not ruling out having the president testified the Trump campaign spokesman Hogan Gidley, tweeting this overnight President Trump has not yet made a determination as to which lawyer or law firm will represent him.
Show 48 "Pals for over 60 years" Willie Tyler & Lester - burst 02
"The thing part is it's fine makes you feel good the music's playing and you singing. That's one and it goes. It goes well with the comedy. I think you know. A lot of comedy variety shows would have comic and then a singer and they do tend to work well together but lester. You're one of the few professionals that pull off both comedy and singing so brilliantly bragging. When working with motown i still watch. Tv wondering watch little stevie wonder back in those days and all the temptations. And i learned. I learned from them as watch. You can watch the music and and everything like that. It made me feel made me feel real Willie i know. You're still in the room does we. Don't speak here. you're both there so did did the watching those guys kinda help train you as well as lester. Yes it's it was fun to do the fun things about singing music. Music is like Like let's see rachel was very charles. Ninetieth birthday anniversary is in september. Twenty third and it was like we did a a video a tribute to him on on his website celebrating his ninetieth birthday on that in that particular. Little thing that we did we talked about his songs and songs made you feel good. It makes you feel sad and it and it made you. You know it and that's the same kind of thing with music music and be You know put particular song can make you feel make you jump up and down and dance and another one can make the to sit down and think about what happened yesteryear. What happened that. you know. Years before music connects with people's emotions. And that's why So many people like to sing and enjoy singing. And what's interesting is that you were a very talented are very talented singer. But you are a tremendous stand comic I know lester you had some great jokes in those days. The punchline and he used to he was straight man. I was the guy that did remember you being funnier than willie. That's good will i. I had one more question for leicester. If you've got a minute leicester back back in one thousand nine hundred eighty five you me and willie work together on a fox forty tv special a one hour show and we had you and willie as the host of that show. We had some very big names. Like dave clear and dana carvey on that show but what was interesting. Lester is i let you drive my pink cadillac as part of the opening of this show. Have you done a lot of driving. That was that was first. I and last time. Well it you can see why it's my last time i got to tell you. We do have all that on tape and it was really exciting in a little scary for me as the owner leicester i gotta be honest. Have you driving my car. But i was the big car. Yeah that was. That was a big pink convertible. It was an amazing car bed. You did a great job driving it and even though it was a little little sketchy you're a little heavy on the break There was no damage. And i just want to say thank you but i did. I was able to stop though. Oh yeah oh yeah you did in fact if you remember you kind of fun forward and willie had to save you. Yeah got right in front of the club almost late. that's why we'll say It was a real honor having you and willie as emc of that show. It was our first of three tv shows. We did too short series. One for abc nbc. But it was the fox one hour special having you is the professional. Mc really added some validity in in style in class to that first production. So thank you. That was a fun night. You don't we really like that club because this idea you know. The club was downstate. Well it's sort of hard to explain but it's down. It was downstairs basement. Level rate shows at the shows. People would go upstairs. We had a little magic stuff going on right and people go up there after the shows when we would hang out a also and But place to be. I
Giuliani says he's on Trump's impeachment team, would argue voter fraud claims
"Donald Trump's personal attorney, Rudy Giuliani, says he is working on the president's impeachment defense team. With 10 Republican members joining the effort. The House of Representatives voted last week to impeach President Trump a second time charging him with inciting supporters to storm the U. S. Capitol. Giuliani tells ABC News. He is prepared to argue that the president's claim of widespread voter fraud did not constitute incitement to violence because, he says, The widely debunked claims are true
Baker Carves Up $16.5 Billion Mass. Transportation Bill With Vetoes
"Baker signed the $16.5 billion transportation bill yesterday, he also vetoed several parts of it, including a fair discount for low income riders of the tea WBZ Suzanne Saz Ville reports incredibly disappointing that Governor Baker chose to veto the provisions. City Councilor Michelle Wu says vetoing a program that would lower the fare for low income people to ride. The tea is a slap in the face all of the effort and Careful stuff that community members and the empty case own board had taken over the last year. There were numerous discussions through the fiscal and management control board about how this would be an immediate and impactful first step to getting to removing financial barriers to public transportation. When Baker veto the program, he said, it needs more study. He also vetoed an increase in fees on ride, hailing services like uber and lift and a proposed commission to study congestion pricing in the Commonwealth. Suzanne Saz BILL WBC Boston's news radio. The
Dustin Higgs executed, Trump administration's 13th execution
"In the last days of President Trump's Watch. ABC is Brian Clark. Federal government executed Dustin Higgs overnight and he was convicted of killing three women in Maryland 25 years ago. Higgs was the third federal inmate put to death this week. The 13th since the Trump administration restarted federal executions in July. President elect Biden opposes the federal death penalty. A new imagining of
Pepperoni Hot Pockets recalled, may contain pieces of glass and plastic
"And a recall of pepperoni hot pockets. The USDA says the frozen sandwiches could have materials like pieces of glass and hard plastic. The company says. There's been a report of one minor aural injury. The recall effects 54 ounce packages of 12 sandwiches. This is ABC
Washington DC designates two areas for Inauguration Day protests amid heightened security, Boston prepares for unrest
"With Inauguration Day, right around the corner security tightens in Washington and all around the country. Let's get more from ABC. Alex Stone walking around here today, The streets are nearly empty right now, beyond the road blocks that are set up the National Guard in D C. Police, sir Manning those checkpoints. National Guard with guns across her chest. The perimeter blocked by tall anti scale fencing Now in circling the heart of Washington, the White House, the Capitol, the lips, the Washington Monument, the Lincoln Memorial, will you think of is the iconic sites of D C. Now cut off by the fencing? Meanwhile, both Massachusetts state police and the FBI say right now there are no major concerns at this time. And Governor Charlie Baker agrees. This point in time, there is no specific threat to any physical structure or republic asset in Massachusetts State Police say they have now established operations plan to provide security in response to potential protests and the possibility of violence at the state House or other areas, as well as to provide the capability to quickly assess local police relative. State if needed. The National Preparedness Leadership Initiative at Harvard is now closely monitoring the situation. It also says Well, there's a lot of non specific chatter. There's also been no specific threat detected
Game Show Hosts (MM #3587)
"The with kevin mason because of the covid nineteen pandemic more and more. Tv networks are turning to game shows to kind of fill in the spaces that regularly scheduled programs that fit in. Because let's be honest. It's easier to do a game show. You don't need as many people and it's a whole lot cheaper to produce. Sometimes i've noticed lately that game show hosts are people whose names we may know. Name that tune has jane gronkowski joel. Mchale was doing one of the game shows on abc as elizabeth banks. And we've got leslie. Jones doing a version a supermarket. Sweep i have no problem with actors doing game shows but it's so different having them. They don't seem comfortable. I remember the good old days of game shows when we were growing up. It was usually former radio. Deejays people like tom kennedy. And then there are. People like alex back who actually started out as actors that became game show hosts. It's amazing. how the category of game show host doesn't really exist anymore. Maybe it will but for right. Now you're gonna be dealing with uncomfortable. Celebrities hosting game shows on tv until something changes. I don't necessarily have a problem but oh man do sometimes. They made me feel uncomfortable.
"i. abc" Discussed on Start Here
"And one last thing remember brexit that thing that's happening in Britain. Will some parts of England are getting pretty rude reminder because they realized all of a sudden that they're becoming border towns. The fast anyone knew about it was when sign went up saying that the park's been closed village of seventy in the south east of England. Near the coast, it's residents solidly backed Brexit. But. The AP reports that locals were upset when concrete mixture started rumbling through town people huge truck depot so that officials can conduct customs checks after all seventeen is right near where the famous chunnel opens up above ground it's trucks travelling from France will need to get checked out. No one told these residents though until it was too late because that was never part of. The actual selling and marketing for Brexit, Prime Minister Boris Johnson who helped lead the charge on Brexit. Now says the extra red tape could worse case scenario leave some truck stuck waiting to clear customs for two whole days this area behind us used to be had pulled skylark. obviously, they're not there anymore really ironic part of the to make room for this big truckstop, they had to tear up some cute little walking trail that conducted nearby villages. So these parts of Britain won't just be independent from the rest of Europe. The also have to take the long way to each other. It's what I want to pass by my little touche bunch of truckers who've been sitting around for twenty four hour start here tomorrow subscribe. Buttons, make it easy for you. Also remember we are living smart speaker life. So if you're doing Amazon Prime Day, something think to yourself we'll this item make it easier for me to listen start here. I've read dokie off of our back later in the wake them..
"i. abc" Discussed on Start Here
"His own doctor I went through it. Now they say I'm immune I can feel so powerful I'll walk into that. I'll walk in there. Kiss everyone in. This all seems to highlight just how confusing these last few weeks been with people unsure when they're vulnerable and when they are putting others at risk. So I want to bring in one of our medical contributors, your Doctor Todd Ellen, his treated covid patients himself. He's the director of infectious disease, medicine at South Shore. Health in WEYMOUTH. Massachusetts. Dr and I feel like we should have this figured out by now. But then my mother-in-law came to town a couple of weeks ago when I was like, let's get you a test and she said don't have to wait to get one of those tests and I said Oh. Yeah. So what's the answer to that? What are we safe? What are we not save? Absolutely Brad and obviously this is confusing. So let's try to go through some scenarios and see if we can simplify it. So basically, if I'm the virus Y-, there's an there's an incubation period. So in other words, the virus attached to those, you know receptors in the back of your nose or the back of your throat enters the cells starts replicating. You do not become infectious right away from the time that you get infected to the time that you develop symptoms is on average five days. Oh so like that's my law should actually. Get. The test. So that's right. So we generally think that you should be if you're exposed to someone who's positive and you WanNa know went to get the test it has to be less than five days because you WanNa get tested before you develop symptoms how soon before you develop symptoms is controversial but we think that it's going to take at least a few days before the virus replicates enough in your system. To be able to be detected by these various tests. I would think the viruses probably replicating on day three, four or five. So I would say anywhere from no earlier than three or no later than five or six I. So we've talked to some experts about us and Dr Fauci. For example, felt that the sweet spot is somewhere probably between three to four three to five days after exposure to someone who's positive. And I was going to say come into contact with someone who I know later test positive not just nervous like I. Know that they tested positive. How what point do I think? I should get a test like a thirty second elevator ride with that person does that count or like lunch with a friend on an outdoor patio? Does that count? Okay. So CDC guidelines are pretty clear about this, and what they say is if you've been within six feet of a person who test positive or who's infected for more than fifteen minutes, then you absolutely need to number one quarantine first. and. Then you ideally should be tested as well, and again, you want to be tested probably three to four days after last contact with that person. Oh. So quarantine wait a couple of days and if. If I have symptoms then I then I go get tested regardless. Yeah. So if you get symptoms you WanNa get tested asa pig there's no delay I came here wasn't feeling so well, I feel much better now we're working hard to get me all the way back I have to be back well, let's flip the script and let's say I'm somebody who got cove nineteen I. had symptoms in fact, let's say the president the symptoms were bad. We've seen people who have been in the hospital for weeks and months with Covid, nineteen is the virus present with him. Are they contagious that entire time or is it more like at that point? There is somebody with like a cough Ramona or something the viruses actually left them. Once you've left the hospital and it's been what I think it's ten days since your patient status improved like at that point, you're supposed to longer infectious at that point you can go around town you're good to go absolutely, and again we generally say ten days after the onset of symptoms or or a positive test and clinically improved then you can go back out into public but. Remember. After, you've recovered from covid nineteen ten days have elapsed. You're clinically improved. You're ready to go back out into public. It's still essential that you use those same prevention measures universal masking when you're out in public distancing because we still don't know how long your immunity is going to last. In fact, The Lancet Journal just came out with a study last night that documented a case of reinfection in a young male from Nevada and what what it showed was that this was the first evidence that someone can be reinfected with SARS COVA to. And have more severe disease. So helpful, do you have time for one other question has nothing to do with like any of these infections that we've been seeing in Washington rate because I feel like I know cases arising in lots of states I also know people are just looking to please just. I just WANNA get a with a friend at an outdoor restaurant table for it gets cold again. I want to know if that person is not in your immediate family in your little bubble, can we not do that? Are we still supposed to be wearing masks? Like anytime, we we're not just silently putting food and tore mouse. You know this is such. An important question were all trying to judge individual risk. What I will say right now is that in the United States, we are having close to fifty thousand cases a day and. Winter is coming that combination is extremely dangerous. Tonight. The number of Kobe cases and hospitalizations are on the rise in more than half the country fourteen states hitting a record number of hospitalizations last week. So I think right now masking as much as possible keeping that distance if you're sitting across from someone that's not in your bubble, you know you can even think about testing before you sit down with this person that's the type of I think vigilance or smart testing that's needed to try to prevent this plague from spreading more than it is I talked to Todd Ellen going full game of thrones on us. Their winter is coming helping.
"i. abc" Discussed on Start Here
"In the power of prayer and it has been uplifting to hear that. So many people are praying for me. You got a sense of exactly who she wants to be as a justice who the Republican hopes she'll be, which is a staunch conservative in the mold of Antonin Scalia and someone who is more. Franken. Faith practice than any justice I can remember well, and religion does seem like it's part of the conversation here at least for one side Mary like what are you expecting from the end of act one was was Barrett's opening statement. What do you expect from the actual questions and answers today? Well, I think Republicans are trying to make that I in people's minds. In many ways there's been a lot of attention paid to a previous comment from Dianne. Feinstein at another hearing where where she mentioned in a line of questioning to amy conybeare at about her faith giant said, the Dogma lives loudly within you what your political opponents want to paint you as is a TV or cartoon. Of a religious radical, a so-called handmade that feeds into all of the ridiculous stereotypes they have set out to lambast people of faith. In, America. And that's wrong. That is a comment that has backfired in many ways Republican seizing upon that. Let me be clear judge as you know, there's no religious test to serve on the supreme. Court why? Because the constitution says so Democrats are trying carefully not to question her about her religion and her faith this time around precisely because I think they've seen what kind of blowback that can get you've heard Joe Biden out on the trail saying that it shouldn't be up for discussion essentially but Republicans I are going to continue to try and bring up this issue in the middle of an ongoing election Senate Republicans have found a nominee and judge burt who they know will do what they couldn't do subvert the will of the American people an overturned the ACA and Overturn Roe V. Wade That's what this is about. That's why we're here. It's very simple. Democrats would look we've seen their playbook. They are going to dig deep into her previous comments, previous rulings and opinions on health healthcare and abortion. Both sides again thinking they're questioning. We'll have an eye on November are those Mary Bruce on with Terry Moran in Washington we'll see what happens today. Thanks guys. Thanks Brad..
"i. abc" Discussed on Serial Killers
"The ABC killers struck again the body of airport worker. Amelia, Deka mccown, so rob delay was discovered garroted with her own pantyhose. Sitoli had been particularly sloppy here. He seems to have identified himself to Amelia by his real name. When he picked her up from her workplace, which her co workers had overheard then after he killed her, he left her purse near the crime scene. Traced the purse back to Amelia's work and from there learned as name. Captain Leon now. A member of the Task Force remembered the missing persons photos of Makoba Mageuzi. That year he pulled the fingerprints that had been taken from the Cobra's body and ask the forensics team to check them against the ABC killer's victims. Days later, the forensics team confirmed that the same prince for the body were also on the other victims. Now the investigation had to leads that pointed straight to sit holy meanwhile thirty year olds to tollway kept killing women at an alarming pace on September twenty fifth, he strangled. Old Agnes Bouli with a belt yet as he continued his murder spree, it seems Sitoli. Realized that it was only a matter of time before he was caught, he began to plan his own on masking. On October third, nineteen, ninety-five, a man identifying himself as Joseph, telephone local reporter Thompson to beer. The man claimed to have killed many women as punishment or a false accusation of rape. The reporter knew that with the ABC killer on the front page. This call could be a huge story. A beer alerted investigators and attempted to arrange a meeting with the killer at a railway station, but he never showed later totally claimed he was scared off by the police presence. Sitoli then reached out to reporter. Charles Megani. Asking to meet at a train station where he would hand himself over Megani agreed, but did not contact the police. While, megani waited, he grew suspicious. Two men sitting in a car parked across the road from the station. He was sure they were cops suspicions that were confirmed when he saw them. Get Out and Frisk passer-by. Megani was furious. Someone had tipped off the police, and his big break was ruined. Saito lay never showed up. In this period Sitoli showed his tendency to toy with investigators, justices profile suggested. It's possible that here again. He was displaying his need for control. The tollway was approaching the end of the line, but he would still do anything to assert dominance over the police, the media and his own story. So totally did not let his flirtations with the press slowdown his killing spree while the police hunted him Sitoli manage to kill four more women. Each was strangled using a piece of their own clothing and left in a field by a rail station. My October thirteenth the police were getting desperate. They finally released a photo of Sitoli to the media and asked the public for their help when Sitoli saw these photographs. He decided he wasn't going down without a fight. Soon, only called his sister's husband Maxwell and asked him for a gun. Maxwell agreed to bring it to a factory in Benoni about a half hour west of Johannesburg. Sitoli. Arrived at the factory on October Eighteenth Nineteen, ninety five. It was quiet yet. He was suspicious. Maxwell was nowhere to be seen. As it turned out Maxwell had informed the detectives about his brother-in-law's strange call, the task force knew they had another chance to catch the tollway and they were determined to not let him slip through their grass..
"i. abc" Discussed on Serial Killers
"In the summer the police received a critical break in the case, an informant for the Brixton robbery and murder deparment tip them off. The Cleveland. Strangler was a man named David Saliba. Thirty one year old David, Celebi lived and worked in the same general area as Moses Sitoli, and he was also widely described as charming and well liked. Celebrity had a flashy reputation in his neighborhood. Thanks to his, Mercedes. With Celo became aware that he was under investigation, he fled to neighbouring Mozambique the South African. Police called on Interpol to help and on December fifteenth he was arrested and transferred back to south. Africa The South African police puts a leper through a brutal interrogation. Until he confessed to fifteen murders, investigators believe that he lured the struggling women with promises of his wealth. By that time the murderers had hit the papers and celebres capture had become a new sensation in its own right. It's unclear just how much of celebres confession police believed, but they knew they had to put it to test. The detectives took Celebi to various crime scenes and asked him to walk them through the murders at some sites celebres, knowledge of the murder was chillingly detailed at others. He seemed less certain. It didn't make the detectives anymore. Certain about his guilt or innocence but detectives were tired. They'd been traipsing Celebi all over Johannesburg he didn't have all the answers they had asked for, but his insights were accurate enough that they still felt he was there man. With, Christmas just a few days away. It's possible, but detectives were ready to clock out and be with their families. Surely they had enough to close the book on this one. Perhaps, that's why they didn't immediately react when Celebi told them to look down in the bushes and see where he had hidden victims close. CELEB- picked up a heavy tree branch. Ben Selects Struck. He hit one detective hard in the face with the log. The officer went down and select fled. Instinctively, a second detective drew his gun and fired. The gun shot was fatal and Celebi died. From the police perspective, David's Lepas death was a blessing. They had identified the Cleveland Strangler, and he had been killed by police officer and a simple act of self-defence. Now there was no need for trial. Unfortunately the question of whether he had an accomplice was now impossible to answer, but as far as the police were concerned, their job was done. It's possible that David. Selecta never killed anyone in that. He simply crave the attention that came with being labeled a serial killer. It's also possible that he and incidentally collaborated on one or more murders, but so totally has always denied ever meeting celebre. After David Celebres, DEAF DNA testing tied him to multiple crime scenes, but in mid nineties South Africa. The technique was more of a general indication than perfect forensic fingerprint. The South African police's forensic scientist could identify that Celebi had a DNA grouping of twelve twelve. The same grouping found in semen samples from various crimes. But they could not differentiate between poly markers. Salameh was one of many with the twelve twelve DNA grouping. Still with the news of celebres death, the women of Johannesburg slept easily during Christmas of nineteen, Ninety Four, so too did Moses, said Tola. With celebre, having taken the fall for the Cleveland Strangler murders, he would start the new year with a clean slate and no.
"i. abc" Discussed on Serial Killers
"In the Greater Johannesburg Metro area born in Nineteen, sixty, four in the all black community of Fos Laura's South Africa sitole as childhood was chaotic. The records of his early life are limited at best, but what we do know is that the death of his father set off a disastrous chain of events. When, toll as father died, he left the children's mother Sophie macy's with many mouths to feed and no means of supporting yourself. After a few months, the family was evicted and left with nowhere to go. They were homeless and may have been forced to beg on the streets to survive. Sophie was so desperate. She felt she had only one option left. Sophie brought totally and his siblings to a police station. She told them to pretend that they didn't know who their mother was or where they lived. According to the tollway, his mother sat him down look Tim in the eye and said that if he ever told anyone, he was her son, she would kill him. Sosa totally, and his siblings went to the police station and pronounce themselves orphans. They were entered into an orphanage and later separated. The impact of a mother, not only abandoning her young child, but threatening to murder them for trying to reunite cannot be underestimated too young tollway, any sense of home or security he had ever developed must have been destroyed in that moment. What followed was no better, said tollway experienced years of sexual abuse in the foster care system. Vanessa's going to take over on the psychology here and throughout the episode, please note Vanessa is not a licensed psychologist or a psychiatrist, but she has done a lot of research for this show. Thanks Greg. The details of Moses as developmental years are critical to understanding his heinous crimes, according to psychologist Judith Becker and psychiatrist Bradley Johnson Abuse is common in the development of killers who commit sexual crimes, Johnson and Becker route that after puberty, certain serial killers who were abused, develop violent ideation, perhaps hoping.
"i. abc" Discussed on Dr. Judy WTF
"To find someone who is steeped in systems family systems therapy to g? That's Great Education Yeah. Do you think that's awful? Believe to make an appointment with you. The perpetrator yeah. There will be no encourages some They're willing to take staffing. See Therapy with you. Wow that's pretty big a bomb but then again a whether they're they may be there denman selves or that Matthew when Hinckley the therapists better be on his toes to help to bring in the principles over people style and to help them understand that they are Using Defense mechanisms that are creating a human disconnect and to present in such a way that people are motivated to to heal and motivated gross. You bought it. You people the incentive there. They're going to get back vulnerable. You'd better given incentives while they're going to do that so yeah please do check in for all all the people listening if you just can't afford. The rates understandable do have Christians who is doing skype in London England. She's a a wonderful casler. She's been canceled people now for years. If you live in London England happen to be there than yet by all means reach out and we'll put you in touch so I know here from you. Halley thank you for calling in. I'll just belong thing. You appreciate you so much. Thank you for the work you do and I love your passion for the work. Thank you have a beautiful night? Take care saying okay. So this article was called the trauma of intimate partner betrayal. So now upping the ante conceive at ABC situation with trauma will boy that sock. Go over very well at all. So the trauma of intimate partner betrayal something that we if a psychological healing center audio With and this is one of those narcissistic abuse me peaked. Patterns of people get involved in. Why why are they key? Pick people who do award Freud without and her thumb and betrayed them while we got to look at the blueprint. And so if you're in such a patter you can get out of the. We just have to dismantle. The old system gone wrong bought a home right in to offer conscious Apathy lack of empathy. Which is the cause the conscious causal element behind? He's narcissistic so this article by George ever made junior he. Ht the trauma of intimate partner betrayal. Why had heard so much the trail as traumatic stressors? So it's easy. It's easier to forget an enemy than to forget a friend. Applied William Lay. Of course it is because if you're already with the percents Built on you built up a relationship you've built up a some level of trust and then all kinds of memories with that person. Feel that theoretically should be east with a person so if that person betrays you while the lock different than if a stranger betrays you. So what does we try out? So this article goes into describing is gut wrenching experience a searing night into your heart and I think we have a caller was that caller nuts sounded. Like someone's phone was going off. I'll have all right Okay.
"i. abc" Discussed on Dr. Judy WTF
"Counts okay. So then the third can't seem to. I would think my sister of people would have but the enough to feel my paying into understand what I'm going through. Because he's the golden child and so it's very painful. I'm thinking how is it that you can't? How is it that you still money in such high esteem? I don't understand that. And it's very painful however it impact my ability to have relationships with them. Because I feel it's a double part a double betrayal double wound. You know a double impact syndrome thing. And that's exactly what I'm getting is that and this Into Theme Endowments because we bought the parents in them. We bought the children and they're trying to be loyal to the parents in many cases. The WanNa talk about Hot in light of this called principles over people talk a lot about that in the ideo that were just releasing on recovering from Narcissistic Abuse Principles. Overnight away a little bit of that video right here. The fee is that sometimes we have to wait down our principles and then if the people side of our principles than did that vast in integrity with us but if they fall outside the lines a principles that's not in integrity to us and that's not so I think instead of putting it like will I don't like you. Sally because you still friends with the person where me as warlike principles that. I uphold our that If somebody support someone who steals money or some of these ports somebody who deliberately hurt another human being in some way than I don't know that just as principles I don't. I don't see how this relationship is going to work for me. So you see how that makes it a little bit cleaner easier to. Manch definitely definitely It because it takes it away from aligning personalities. It makes it about a higher. I guess criteria principle values principles. You know as opposed to personalities and people as you just mentioned and I do like that it feels cleaner. It doesn't have the same weightiness somehow. I don't know it just feels like okay. Well then you're making a choice based on being align in your principal and your values as opposed to just completely wanted to excise certain people simply because they somehow it just seems different really hoping that that people listening in tonight yet the difference because it's more peaceful outweigh to off off. It's not necessarily back.
"i. abc" Discussed on Dr. Judy WTF
"It or would not good enough or that the world is not a safe place is civil. Be that That trigger point that will take us down into chaos and then we'll try to defend ourselves with overeating over drinking Sleeping shutting down. And then eventually that stuff doesn't hold up over time and we break down okay so The damage is very very real. And the with these issues is really really important. So if you don't have somebody to talk to about the resentment that's just been piling up in your psyche coming out in the form of nightmares affecting your shoulders affecting your stomach. Infected adopting injecting your physical while being. It's really time to To look at getting for yourself what. I call an enlightened witness an enlightened witness Asami that can sit back and be non-judgmental and here you're paying in. Obviously the lightened witness cannot be one of those people who How do I say I wanted to hold up that that? Nbc Harvey Band Severe. Very simple eighty so your lighting enlightened witness the happy having a relationship with C. Because would not work for it so he can share you a cashier with the if being see are still palley away. Okay not gonNA work too painful. So we all have had this scenario and we've all been to wedding social occasions family events and so on and so forth where we will run into somebody that we feel resentment toward. Mason lead betrayed Aston Paige stock money cheated on our you know cheated cheated with our significant other stories. Go on and on and there you are in this place and other people who you really lie in. May Not even know what's going on will be slapping that person on the back Saturday. The scene for a long time with saw. You're just about to die because now you're starting to build up resentment toward the people who are palling around with that A WanNa hear from you. Please call in a three two three five two four to five nine nine. A missed a COUPLA calls. Last time this time I'm GonNa Chew in if that little Buzzer goes off all definitely be there to answer any questions in processes and remember we're talking about the A. B. C.'s of resentment and betrayal. What happens to the person and the relationship with the other party who is still quote friends with the betrayer not are really fun not not not not a great sustainable system there so little bit more about the levels of resentment? So yeah there's there's different levels of resentment and one of my favorite call in Haller winners call McCall inner off Robert. Who's been on the show? Several Times wrote in to talk about His recovery from betrayal of family and how his sister used to be rewarded for hurting him? And you know this is just something that people don't get over in where it's that severe again. We're talking about level of severity if it's that severe and sometimes you just have to cut the people out of your life in. We thought around around the band with contact no contact again. This is a case by case situation. You have to use your own judgment on Latin. Then there's the low Khattak situation so I always say put yourself first. Whatever works review because remember? Somebody's betraying if somebody's putting themselves before your feelings knocked considering you. Why shouldn't you put your feelings? I okay so on onto another article about What what stick with a little bit more facts about How to help yourself so. This article talks about benching to offend. I'm talking in a parallel way to yet light Witness on for you to today to somebody that you trust which is more difficult. After trust is broken. They need to be close so they can keep information to themselves so armee share with the boss for and they need to be non judgmental. So that you don't feel alight whenever you say to the president's GONNA fight you back. Acadia stopping worse than fighting with the sponsor logon or confiding in France vatted. At.
"i. abc" Discussed on Dr. Judy WTF
"If they were able to have empathy which is a big deal that I bring up. Apathy is a really important quality to have is a human being is. If you don't have empathy it could go around in people and you don't feel the pain so and even worse you're you're paying somebody else's game in in the form of they're projecting onto you and trying to release their pain onto you not a pretty picture and that's why the mind map and taking the journey. That's why the the the recovery from Narcissistic abuse of video. That's now on on on Coakley. Being put up on my website as we speak and available to you definitely contact me or the team and we'll tell you more about it so on so this is really really poisonous stuff and I don't think that anybody who has expanding all experienced betrayal sort of resentment in reaction to the betrayal is such a human colony. How can we get away from such a thing and so I think that I WANNA say? Is that if you'd feel resentment towards some because they did you wrong and you feel that you have fantasies of hurting them. Fantasies of wishing them Har- those are normal feelings. You just don't want to act on them particularly if they're really heavy fantasies. They're not worth more than jail over there. Not Worth losing a job over there. Not The just not worth it. Also resentment is defined as a feeling of anger or displeasure about someone or something and it's a feeling of unfairness. Something is wrong here. Something is off here allowing yourself to feel emotion. is Article Talks about is that it's damaging but I think that reprocessing the emotion is more damaging. So yeah feeling the emotion data sizing about your your payback time. Those.
"i. abc" Discussed on Dr. Judy WTF
"And the reason that I want you mention the cross cultural aspect is the Max speaks to various cultures. Which is why in so effective. So one of the aspects of the mind map is culturally sensitive and we do have to take into consideration culture. Which maybe I'll bring examples of betrayal right right in that. The cultural is we have such an international audience on Sauna. Read from you an his mostly. I want to hear from me I love talking to. Everybody is so wonderful when you call in and I have a live case to focus on so that we can go through a can mind map it and let's just briefly go back to the mind maps so that. I can refresh your mind and help you understand. This is a from through choose system ramblas the decoding the past through dismantling the effects on your psyche to Herod on shifting out and than healing balancing in readings sense of unity of so starting with childhood wounds pal one I e trail I very very important. Betrayal is usually the mother infant father infant connection that rakes were trust is in house If you've been listening to my shows you understand that. There are different types of abuse. There's obviously physical sexual verbal abuse is also controlling and smothering. That's another way. People abuse their children and the last of all the abandoned which is so painful because we social creatures WanNa belong and we also depend on it because our survival depends on Blogging so that be trays especially over. Our family of origin Dan specially will lupus off of that and then into relationships that replicate that abandonment control or whatever it is that went on in your family of origin. Double Wounded speaking of ripping open childhood wounds. There's nothing like replicating the childhood wounds re living and then once again feeling that you're alone in the world is zone to Church. Ooty Catcher to your mother your Father Catcher to your husband been why with grow girlfriend. Fran coworker boss. So you feel track in what I call the double dungeons of darkness. Not a good place to be saw. WanNa hear from you going to launch into some articles fear Buffet Elena why back to ABC situation. What happens if that triangle is broken? Can the other two people continue to have a relationship? Ebb knowing that that third party is still remaining to the other be party. Okay so this a good Nelson Mandela. Resentment is like drinking poison and hoping it will kill your enemies so nasty fate about resentment is that it's killing us and so especially when we have no place to put it especially if we we've been betrayed by a loved one in depending on the We have to the person is the betrayer is how painful and traumatic event is going to be so. This is an article called resentment. How destroys your mind body and how to fix it so it talks about time and time again were hurt by others. Ami become play with resentment so this is a human thing rebound to feel these feelings. We may internal is painted mask yet. A toward the other parties. Sometimes we just hold it in person may not even be somebody that we're going to discuss it with and have what. I created a peaceful healing dialogue. Which would be the best thing to do if somebody breaks your trust and situation Zeti on peaceful healing dialogue is something that I created where you can address her address. The resentment you can address the betrayal and fat person is willing to all their own stuff and really sought for Flax Ambi pair on it than you may not be able to continue that relationship. Okay so what happens subconsciously. We can start building this up. We might even have feelings like we wish that person pain. We wish that person hurt this absolutely nothing for us other than build up resentment and change our entire chemistry which I'll get into a little bit later so light Nelson Mandela plays is like drinking poison and hoping it will kill your enemies. So we're going to get into how we can process resentment because unfortunately we can't usually process the resentment for the person that acted US harm because if they had a conscience in.
"i. abc" Discussed on Slate Money
"A numbers round. Emily do you have a number number number number thirty thirty seconds that is. That's how long the PELETON ON AD was thirty seconds. It felt like and so for those of you who I guess might not know. This Peleton ad add went viral this week featuring the Peleton wife who gets a Peleton for Christmas and she's super excited but then and she's very afraid to take her first class even though she's I don't know if she's fit but she's quite thin and how she is so excited to get the pellets on if she's never never actually done a Peleton's how does he know it. So good everybody will everyone knows about Peleton. Okay and So this had I guess it came out November two not many any people notice that and then someone twitter twitter went viral. Allegedly the company stock went down because thirteen percent in two days as well. But how did they. How much the entire market go down there? The monkey was going as much. The point is the I actually looked at this because it made no sense to me until I couldn't believe leave the house to its liquids dog but what people don't tell. You is the between early October and Tuesday Day of this week. The stock has gone up from twenty dollars to thirty six dollars and then it went back down right thirty so there was an element of just kind of what goes up. must go down but there was definitely this amazing phenomenon whereby the AD has no effect on anything until he gets noticed by twitter. A which point it causes the stock to plunge which was hilarious. Yeah I guess people were taking it so far that again. I defended Uber earlier. And now I'm like listen. The AD was fine. It was I the same thought. I was like granted I if it hadn't jet all right we're going to bring Jefferson here. Just mean what did you make of the pallets on that. So Jessica and Molly Has a point that the title of the AD is the gift that gives back. And the implication being that if you give your wife Peleton tone then you get a return in the form of a hotter wife or something like that. My assumption is that I feel like if the ad had been done and it just hadn't been a gift from a guy to a girl it would have been completely different like I feel like if it's just like a woman buys herself this or whatever and I. I think that was the problem that they should've thought that through. And also the fact that she was thin at the beginning and the end of anything I feel like any different. We'll no but that's my whole point anything that makes it less body shaming. It's not like they were like like ooh my body. She's like no. I'm just want to work out. You know what I mean like. Why did she make a video? Maybe giving back is the video that she gives gives back to her husband her getting up at five. AM The the other. I mean. Maybe it wasn't a good ad but I feel the other thing. Is that anyone who I season. One of black MIRA will remember the the bike episode. Where like you you have to bike to get fifty million credits and anyone who seen that episode of Black Mirror is just going to be terrified by black near on my index card to talk about this number so thanks so okay? PS My husband. And I may be want a bike for a joint Christmas gift because we want one and we're looking at Peleton's and I just have to say they're quite expensive. They are two thousand two hundred and forty five dollars and then you have the bay thirty nine dollars a month in the class of those crazy exercise bikes. Aren't that expensive. They over our commodity like they are all exactly the same and there is absolutely no reason why. You should buy a pallet on bite rather than anyone if the eighty-seven identical tentacle other rights and in fact a lot of the competitors are not only cheaper but better like for instance. I know a tiny little bit about exercise bikes. Don't ask me why one of the things that you want to be able to do. An exercise classes is make them hot or easier over the course the exercise class and on the Peleton. You do that the old fashioned way. which is you reach down in little KNOB and you rotate it to the right and you rotate left and with all of these newfangled ones? They just do that automatically. And and then you don't need to twiddle anything so I'm like why not use one of those if it's cheaper so all Pelivan has is marketing and they fucked that up. Maybe although over a really long exactly it's a fair point what is your My number is eight hundred thirty seven thousand. Okay okay so the Tuesday before Thanksgiving dukes basketball team by this lower level team. The Stephen F. F. Austin lumberjacks. What's what's yes so but the thing that's amazing about this is there is a player? There's a player on this team. Who the Stephen F. Austin Lumberjacks Jessica who from the Bahamas and the university had set up this go fund me for his family because their home and like church was destroyed in in hurricane? Doreen and before this game two thousand dollars by the Friday after this game and at one hundred thirty seven thousand dollars because everybody hates Duke and so all these people were giving money because he scored the winning basket to be Duke. That's amazing wow tell. Say the name of the team against the Stephen F. Austin lumberjack. Swear they they university team. What what? What was the university Stephen F.? Austin the Stephen Yes. I knew that they found that. So I I I have many things including the fact. There's university equal. Oh Stephen F. Austin University the lumberjack read. Do they wear lumberjack outfits. I don't think my number is sixty six. Six million which is the number of bottles of Gin that was sold in the United Kingdom in two thousand eighteen. which is I mean? Sixty six million the population of the United Kingdom. This is a rise of forty one percent in one year. What's going on Jin has taken over the UK Jin is now like? There's a new Jin recessions. That was a big gin thing in Spain for many years but the Spanish drink nearly as much as the English to the English know how to drink and the illicit drinking gin. Is there some other alcohol. All that people aren't drinking as much to probably be how. How do they drink it with tonic? That is the normal way to drink. Gin Yeah but and and and one of the reasons why Jenner taking is that. There is a resurgence in link. As well it used to be that you had the choice of like Schweppes Bob Schweppes and now there are a million artisanal on it because the US experiment with. That's good I'd be interested in tastings Martino tonic. Maybe we'll have not his mental tonics edition of slate money. So yeah I know. I think we'll wrap this episode. We're GONNA have the bus on wires. Donald Trump picking on Gina. If you say plus listener enjoy that if you're not thank you for listening to sleep money and thank you just mean molly for producing. We will be next week with another episode of sleep money..
"i. abc" Discussed on Slate Money
"So that posited this Manchester City deal is super interesting. silverlake which is Silicon Valley technology investor or at least used to be a technology investor up until until a couple of years ago has invested five hundred million dollars in the parent company of Manchester City which is called City football group. I think at a four point. Eight Billion Dollars Valuation which is makes it pretty much the most valuable sports team on the planet. Well I mean the only only question is whether the Dallas cowboys the West more than four point. Eight billion dollars since Jerry. Jones isn't selling we don't know but it's a massive valuation unfit like city. who like when I was growing up exactly considered a major football and the thing that really fascinates me as this is not hashtag billionaire? Whimsey himse this is. This is not Stevie Cohen coming in and saying I want to buy the New York mets because I am very rich Lincoln afford them. And so there are no more Damien amy in her pieces to buy new point two point six billion dollars two billion dollars for a majority share at a two point six billion dollar valuation. That's clearly just just like still steve balanced buying whatever. That team was in Los Angeles Clippers Clippers. Yeah that's just you know when you have too much money. What you do is used by a sports team? This is not that this is silverlake. You has limited partners who are paying too and twenty and they expect to see like a three x turn on there for five hundred million dollar investment so my question for you is how on Earth does silverlake make a three extra ten when it's playing in the four point. Eight Billion Dollars Valuation. That's a very good question. I mean I think partly this is in an overall kind of entertainment strategy right. There are lots of different jobs. Entertainment companies and this is supposed just to kind of fit in and I believe they're also doing is. They're buying a lot of like they've smaller a religion like a lower level clubs as well and so it's kind of the idea that these are all going to work together together right city owns I think seven football teams around the world including the New York City football club and the idea is that whatever. They've perfected at Man City with that style of play in sports medicine and they youth development teams and all of this kind of stuff they can then take that expertise and apply it to Melbourne An and to New York and to all these other teams that they own right and whether that will actually work is a very big question. But it's also you know say you have athletes. Who are good? But they're not quite ready for the big leagues you can also potentially have them play in some of these lower level leagues as well can all kind of work move them around the world. I thought that sounded kind of genius and I was like why. And why don't the Yankees by the other teams with names cardinal of an international sport in the same with soccer. The idea that because it feels like this. This company operates like Like a sports league but it has so much has more power and strength into you know with more than one team in any given country right I believe in. MLB like control some of their minor. Interleague that are connected with them. Yeah alright can show similar. That might be one minor league team. The others not like the different have different amounts the power of what you can and can't own. I think by restricting yourself to one team per country you managed to get around all of those rules about let. You can't eat hymns. Isn't that kind of thing. Conflict of interest. But like to your point Anna. You're right the silverlake. This is just part of their water media. Entertainment push which includes Endeavour. Which bought William Morris? It's this big talent agency also Miss Universe and what's fascinating to me. Is that this idea. We've taken we were talking about this when we were talking about Alphabet Alphabet is youtube is entertainment. Technology is now media is advertising. It's entertainment and and sports is a huge part of that entertainment economy and it on some level. I guess I understand what Silverlake is doing here is. They're trying to you. Say Well this bit of the entertainment economy The the media Talent agencies the Miss Universe pageant. The Manchester City's all of this kind of stuff hasn't hasn't become rolled up scaled professionalized in the way that much of the rest of the technology world has and so that's a big bet. I just don't entirely Kylie. See how GonNa make money at it now. I mean I'll be with you on that but I do think it's interesting because right like even what you were saying with Man City like growing up you would never have thought they would have become what they became. Now in part of that is because of this kind of the Premier League has become so globalised. So I guess there's also that idea if you can kind of bring some of these other teams up to to kind of you would never think now that of what they could become in ten fifteen years so I don't know if maybe that's part of the idea that you just have such a bigger global audience for soccer now right. I suppose the idea would be that you know there's been his perennial dream in the United States. The soccer is going to become a major spectator sport. It's been a huge participation for decades but it like people don't watch whatever league I don't even know name of the League if if they ever do if it ever reaches the point where the. US League becomes half as big as the English. Actually Eagle Battalion legal. The German legal Spanish league then it is fair to assume that New York City football club will be near the top of that league. And we'll be worth you know more than a billion dollars on its own little green and also obviously soccer has always been so big and the rest of the world outside the US as well so that's already like an enormous market that you can you know some of these these teams but but I do think that as of yet. No one's quite been able to figure out how to get Americans to watch soccer and women's seem to be able to do it a little bit better than men. I'm going to play better by interesting. I mean I think part of it is that there just aren't enough breaks Americans like sports at breaks. This is very well known as thought the Americans is the TV companies. The purpose of the break is to run ADS. And make money if your TV company and you are faced with a choice between running a basketball game where there's an ad every five minutes or soccer game where there's no ads for forty five minutes straight. You're going to choose the basketball game because it's just that much more lucrative actually you're saying that nominee probably GONNA go back and I said because I will just say that because like literally. I was watching sports last week. And we were watching everything on tape delay which is wonderful because you can get a game really quickly quickly because you just fast forward through advertisements and all the like referees looking at the play to see what actually happened so I don't know but the only way that the sport takes off is if there is money money to be made from it and the only way they're going to be money to meet meet of it if is if there are advertisers and excited Salam how this seems to be no shortage of money the in England or Spain or Italy or Brazil or Germany or all these other places with soccer leagues and they don't put breaks in the middle of the Games right but they also also existed for so long and clearly figured out other ways to monetize granted. Maybe you could do that here. But I mean this is how Americans increasingly consume sports. They consume zoom them from their living rooms. And I think that's true. Why don't think that's increasing? I think that's always been the case but I do think there's a secular trend away from ad-supported television and towards Subscription TV like net flicks Hbo All of the Disney plus and as that trend continues and ESPN is certainly a large part of the Disney strategy. I think the requirement for sports is to monetize to advertising goes down and the ability for people to enjoy watching sports on television at home does no no longer requires. Why is feeding them lots of ads because there are lots of other ways you can just get them to pay five dollars a month? Whatever possible although I just say that one of the reasons that sports are are still considered you know this kind of Really valuable commodity is because it's one of the things people still tend to watch live right but the only reason that that's valuable is if you can feed them ADS like why. I don't understand that to a why is it more valuable. Why is it? Why isn't at say? I don't understand that tool like you are watching a sport live and you're willing to pay for it either. You know cat to. If you're watching a sport live and you're willing to pay for that with cash then that's a great revenue stream for whoever owns that sport whether or not they can seven ad in the middle of it but if I'm watching it actually live. I can't do do what I did last week. And fast forward to the ads so yes it is possible that if you got a subscription model the same way you had like boxing or whatever that that works on a larger scale and everyone was it's just paying then maybe that could work but as of right now. The reason that they're considered valuable is because more people are going to watch them live than almost any other type of thing and so they're gonNA almost certainly than watch the ads because they can't fast forward through them like the Super Bowl is the biggest advertising right. Exactly there is there is this idea. Had some more valuable. If people don't fast forward watch them which I mean it's it's funny I've seen Surveys like which cost a little bit of doubt on that and the like the amount of brand value get by fast forwarding through an added actually not much lower than if you get if you actually watched the ad but suddenly advertisers seem to prefer to to show ads. That people are going to be watching and so that does increase the value of the ADS. I just think that in terms of Sokha okay. The big hope of soccer as a spectator sport in the United States is one hundred percent on television. It's one hundred percent people watching at home. I just don't think it's going to be ad supported. I think the future of television is not is much less. ad-supported has ever been in. The future of soccer in particular is not going to be ad supported. Because it's it's forty five minutes straight and you're not you can't anad in the middle of a forty five minutes full as supposed to actual football. You can put an ad every it's GonNa ever be football. Soccer is just at that time is over slate. Money is sponsored this week by.
"i. abc" Discussed on Slate Money
"Emily I have a lot to say. You had advance an advance copy of this report. Yes they did it. So I was skimming through eighty four pages trying to work out what this report was saying. But you've been looking at these eighty four pages for how long and like all week. So what are the eighty four pages and what did they say so. What Uber has done? It's put out a safety. report includes data on three things that most companies never ever ever ever talk about and sexual assault traffic fatalities and deaths from physical assault which includes murder. So I'm here and I know listen would seem crazy to listeners but like this is good uber did a good thing it it froze transparency is what everyone is asking. News companies is to do and the numbers that they put out my story really focused on sexual assaults when you consider the scale of the platform. They're not big they're just not. There is fewer than five five hundred. Rapes Uber Calls Nonconsensual Sexual Penetration which is actually a more expansive definition than rape than you would find in most states but that's across two point two billion rides which is like point zero zero zero two percent and of those nonconsensual sexual penetrations penetrations. You know some of those were of the drivers themselves so I mean one of the things that jumped out to me from. This report is to a first approximation. Mation the the right isn't it drives seemed to be victims in roughly equal measure. Like if you look at the what did they call them. This fatal physical assaults. They don't use the word they use the time. MM fatal physical assaults if you look at the fatal physical assaults over the past two years there were eight writers and seven drivers so it kind of splits fifty fifty. Yeah I mean the sexual assault is more weighted towards writers but there are a lot of drivers with this is what interests what really interested me and was the way Uber went about counting counting sexual assault because no no companies like done this or if they have they have never talked about it and no one knows what sexual assault. It's like the president's been accused of Joe Biden's been accused of it. We think it's rape but it's also like pats on the ass like no one so what Uber did was like work with these like With experts in the field of sexual. She'll violence to come up with this massive taxonomy of twenty-one terms of sexual misconduct and sexual assault going from like leering. All the way up to ripe before it even got to the point where it could count what was going on. It's much more expansive definition so I actually felt like defensive of them today because people are coming out and being like this is shocking. This is a scandal and at the bottom line. It's it's about six thousand report so they're not all they may not all be true true there reports right. These are just things. Customers Data Pool A true that truly Miller true but like go to Walmart in how many people have died at Walmart in the past two years. I would bet you it's more and they have fewer users like all uber is. I mean they were bad with safety during the travis time and I bet if you looked really far back at the data it would be much worse. I would think this is the big question I have about the report. There was actually a thing at the very beginning report. I didn't make it quite to the end but there was a letter the beginning saying quote. We know that reporting goes up when people know how to report what and feel that their reports will be taken seriously. Yes so so so so the big question for me is as Yuba puts out this report because even every year from here on in every two years from here and then how are we going to be able to judge whether it's improving on. It's it's going to be really hard. Yeah so when you say that things have improved since the Travis era late. It's really hard to find any quantitative for all that there's a million numbers numbers in this and there's lots of assaults per one hundred million vehicle miles traveled with these kind of metrics. I don't know an icon. See anywhere you wearing here. The UBER has found any way of judging. Whether it's getting better or whether it's going well but I I would probably argue that the fact that they're putting this out is a sign that the company itself is getting you better just in the sense that they're taking this seriously because you know as we're talking about this you know emily as you say if you put these numbers in context the really really small the no nine murders. This is news ninety one year in context compared to what happens on public transit compare what happens in taxes compared to what happens in many many other places but are they walmart again right in the whole point though is just this kind of conversation shows it. There's almost only downside to uber for doing this. So why do you think they're doing it. I mean I think they're doing it because they had to. Because the new like like every time something happened it got massive publicity in a way that most companies do not get and they promised to do it so they had to. I think they're the advocates. Is that work with them. Are Hoping other companies do it and use the taxonomy to actually define this. Is The open source attack on me. And they're like they're like you know they're they're PR VR persons. Like you have to call the airline. You have to go hotels like they need to do this to. And they've been going out and talking to other companies and trying to get them to do to and like that would be great because it's my suspicion working on these kinds of issues that most companies aren't that much better. It's just that Uber has such massive scale if if there are numbers here if uber comes comes in and says his open source taxonomy and methodology. We've done all of the heavy lifting to create this taxonomy and methodology. Now anyone can use it and if other people music then we can start getting apples to apples. Comparisons between companies and frank feel for which companies have veteran less. I mean in principle I I it kind of half see it in practice. I believe we're ever going to get there because there will always be differences in terms of how easy it is to report. I and a lot of this is just going to be a function of how easy is report these things I mean. If you die in Walmart you go to the police. You don't go to Walmart. I mean if you get about an uber. You don't go to Uber. You go police. Some people still just go to Uber because a lot of people don't report rapes fair but one thing people talked about was the clear Act Act which requires colleges who get public funding to report crime. Statistics in part of that is rape and whatnot and there are some colleges that put out. There's there's statistics and they claim to have zero sexual assaults which everyone knows is absolute bullshit. They do everything in their power to get that number. Two Zero like not listening to the students sand everything so the appeal of the taxonomy getting used by everyone is that you don't have that situation. But maybe maybe I mean in this day and age. Aren't these kinds of things. A material risk like isn't there an argument to be made that public companies should have to report this stuff. It'd be interesting it kind of goes into the ESPN conversation. 'cause that's always hearing you talk with people in ESPN data so bad that everybody measures these things in different ways and you hear people saying we need better standards. We need better standards and granted. We don't have those standards yet but this could be one more thing where there's a push to say. We have to have more uniform standards that it's not a choice. You're going to have to report this kind of data so yeah and and one of the things which just jumps out to me. This report is the way in which as a society we and every other country in the world doesn't incredibly good job at ignoring traffic deaths. That were like thirty. Five pedestrians got killed in Cuba. Crashes Basically over the past two years which is a lot of people dead on the road and that's tiny compared to the total number pedestrian who died every two years and we you know it's really hard to find people who take this issue seriously. We Italy Mike Bloomberg takes issue very seriously but like it's in general. It's hot and just because you look at it like class. Thirty five people have been have died in a crash. Isn't I wouldn't run a company that was responsible for thirty five people pull dying but on some level. Maybe I can kind of believe them if they told me that. If you hadn't been on the road that number would actually be higher. I mean a couple of things I they looked at their data and compared it to you know overall the Nitsa data and They claim that they're traffic fatalities half regular because they have older drivers. It was pretty interesting. And then the second thing. But what you're saying made me think of Felix's there's this like really good on the media episode all about pedestrian fatalities tallies being a direct result of like public policy. And how you know. There's nowhere to cross the street and like you just need to cross the government. Walk the mile. Put this on. We shouldn't put this on company right. I mean I feel like we should. I should definitely say that it's awful. That six thousand people were sexually assaulted during Uber Rides and that there were murders murders like this is all bad and that there are fatalities. But Yeah it's I think public policy with those pedestrian deaths. Let me ask you one thing. Which is the UH other huge question which I had reading this report? Identifies to about this. which is the majority of Uber's business is outside the US has? It's nothing in this report about going and the majority by far the majority of the most egregious reports of rapes and medicine. Stuff is outside the. US doesn't seem to mention that tool they didn't all all they said to me about that was like we couldn't do this. Globally because the taxonomy is deaf would be different culture different because things that are considered inappropriate appropriate in the US like like bay counted unwelcome nonconsensual kissing of a non sexual body part which is like kisses on the cheek. They counted that for example as sexual assault. And I think it's like the the first category and like if you're in Europe lakes like there would be a million reports so that's why they claim but I kind of think they could have done the fatality stuff right. I mean other countries track that too so I don't know if that's much of an excuse. I think it's harder for them to try. I keep them in the back of my head remembering but forty percents of uber rides settled in cash and it's like Uber is much less sort of automated centralised and other countries is in the US. I mean the number of cash will do berets in the US. I think zero I think no one does it. It's it's very very common in the rest of the world that's what advocates said also is like Like if you get assaulted in some of the categories like on the subway. You're not gonNA complain about it like you're just going to go on with your life right We know this but like Uber. There's a record time place everything it's all you don't have to do anything anything and you. Just now they made easier. You just press the button and complain about it My point is just that the tech makes it easier for these complaints to happen. And what you're saying would make.
"i. abc" Discussed on Slate Money
"But but like we need them like I really need that Google search and the and the maps I need it and An Amazon is quite convenient. An Uber Works Really. Well you know these are like doc. They've made their way into our daily lives in a way that's hard to extricate right. So people might complain about them. But I'm not gonNA stop using Google. No I think and this is one of the things which really annoys me. The when people start talking about how to deal with the antitrust issues in big tech. There's a lot of backlash against that from Silicon Valley saying but AH people love it and they still continue to use it and then not leaving facebook and it's like it's not on the individual to do these things it's not on individuals to stop using these services and in in fact if you broke up these services if you did spinoff youtube from alphabet like no one would expect people to stop using Youtube. It will just stop making alphabet such a large and powerful company because it would face competition from Youtube and said of owning YouTube. I mean they're almost like public utilities. And that you I mean you need you need Google Google. You Need Your Electric Company to work. I need my cable company which everyone hates their cable company but you continue to use cable right. They just needs to be regulated there that imports. So let's talk about the most evil one of all which is uber done done mm-hmm slate. Money is sponsored. This week by Sam Adams and Sam Adams is about positively. That's not enough positively in the world than Sam Adams wants to help change that through the simple act of a simple toast. Sam Adams is encouraging everyone.
"i. abc" Discussed on Slate Money
"You want to find alphabet on the Internet is ABC dot XYZ head that that's where their blog is or it's also google but google dot logos just for Google. ABC XYZ is for the parent company. Which is alphabet alphabet because there will quirky and they put out letters from Larry and Sega who will always referred to by their first names? And what will fast name towns with Larry and Sergei the boys at their forty six. Exactly the boys who needed adult supervision. Remember that yes and the boys this cute little email with two oh exclamation points at the end of paragraphs. Because that's how like you know relatable they are saying hey we really need to run this place anymore we can just let Sunday takeover and isn't it just late friendly and we on running a trillion dollar global mega behemoth breath company. That basically controls everything that you do in every aspect of your life including your new hip it Felix including my fitbit which they now own and all of the data about my sleep does to fit bit and they say it doesn't go to Google because maybe that's who different companies. Something as I wrote in my okay new set of this week. They have so many subsidiaries like I literally lost count of how many CEO's there are within alphabet. But so the interesting thing I thought with this news was news of. Oh yeah the news is the boys are writing off into the sunset on their segues. As Matt Levine put it. They are leaving day to day operations at the company which they're already half out of anyway because they had created essentially this whole umbrella alphabet the thing just so they can focus on the fun things they wanted to do and leave like the Google business to Dr Google and Youtube. I mean ninety percent of the business is Google and then I think I might even be less than ten point three percent of the prophets not Google so they were basically just not not google that make profits. Apparently Wow who knew I mean I includes Youtube which is but then mostly well basically I think the idea is that many revenue the consumer facing staff which is linked to your Google Account. so that would be Google G.. Mail Google maps YouTube. You know all of that is part of Google and then Waymo is entirely separate which is self driving cost calicoes entice at protests like we will make medical breakthroughs that make you live forever and and all of these other random bits and pieces. I'm not sure about nest nest to separate as well right. Yeah Yeah it's a little bit. It's extremely confusing. It was done the reasons which no one entirely understood in the first place. Well I think one reason would be the two guys that are leaving who just say that like in terms of writing off on that segues they both have private seven four seven with a king size bed in it like writing off in that appropriate of course and like of course they don't want to run Google. It's like a big complicated company that's boring. It's not say started with fighting. Search companies don't quote change right. It's being heckler from within even like Google's employees. I feel like are one of the most vocal group doc of tech workers out there right now I mean there. There's some that were fired that are threatening to go to the. NLRB with complaints will walk out. There were complaints about a a project. Firefly which was Google attempt to do a search engine in China so now they're like Sunday you get all of this all of it and yeah. Why would they if you had That's one of the great mysteries of the billionaires. Why do they keep their jobs? Just go take take your doing also keeping the Class B stock right so they also still get to control. The company Rightly Festival possible word and they control the stock. And they're basically Sundar bosses still the the they control troll the board they can hire and fire onto at will he doesn't he ostensibly reports to the board but in reality her he reports Clarion Sega because they control foldable they have over fifty percent of the votes between them I did the math for my newsletter and it works out that Larry alone has fifty fifty one billion dollars worth of alphabet shares and on average. His chest have five votes. Each and Sunda is not exactly poor. He has one hundred million billion dollars worth of alphabet. Shares his shares have on average zero point zero seven votes each so yes to do all the work. It doesn't get the votes. It seems it away. Like he's got. I mean I want to say he's getting the short end of the stick at the end of the day is running Google and he is making nine figures. Exactly exactly but you you know as Google is becoming is coming under more scrutiny and he is going to more and more have to be the face and now granted he already essentially was but there it was always the thought that you know you could still kind of love the other guys in and now that's going to be a lot harder so now tech CEO used to be like a cool job right. They like the boys back in the day. They got to do cool stuff. Don't be evil Bob around harass people actually harass whoever they want that no one cared and now tech CEO is just like any other cio but the thing which is cool you the whole thing about you. Know a million dollars isn't oh cool is is is a billion dollars. Being Texaco isn't cool. Being a tech founder is cool because the thing that Larry and Sega have which no one else has is zero accountability. There's literally no way in which anyone can hold them accountable. Anything that happens alphabet despite the fact that that they control the company and Yeah Whoa well. It's also like what you're saying. It's a sign of kind of an end of an era. I think I mean we're getting a lot of these signs but like you know tech is maturing and it's becoming just eight normal incredibly dominant industry so it's been surprising that you're gonNA have slightly more boring people running. It isn't even a tech company in a lot of ways. Now like Matt Levin Point Out. It's an advertising company and we are entering the the crazy election cycle where a bunch of floor questions over political advertising and misinformation. And all of that going to be swelling and son. It's GonNa be at the center of that and the New York Times had a huge investigation a few months ago about youtube which is probably one of the most powerful vectis submissive formation on planet earth. And no one's really grappled with that within alphabet and because of the structure we don't even youtube doesn't even have to tell us very much about nothing we literally. No nothing about youtube financials. Because of the way say alphabet is structured. It is considered. It's not materialised now for bet level which is probably bullshit but it was also according to a letter to the SEC. They said Yeah. We don't break out the financials because Larry doesn't look at them which I'm sure he didn't but they can't use that excuse anymore because they say that Sunday doesn't look at them because under under still running google so it'll be interesting to see whether we see. The Youtube financials because by all accounts by all estimates youtube as a standalone the loan company would be one of the forty biggest companies in America. I mean they should probably just send it off. Weren't you get in there and break that stuff. I mean Google Shirt so okay so I've never heard Anna Hannah be in charge of late breaking up. Thanks why should they. I mean I would have a just like it would have a higher value on. Its own and be if you're thinking about like right now they're going to be having to deal on the Google level with all of this kind of antitax regulatory issues. And they're also going to be having to deal with that on the youtube level. It just seems like why do they need that extra. I think it'd be better for Google and I think we'd better for Youtube. I think Google companies better off in terms of Tech Lash Goule has it at the employee level at the at the public level the outrages more fueled towards youtube so if they did say I think the public is multiples Amazon. To be honest. I don't think that Google has faced nearly the level of public program that has the matches with with the you know media twitter obsession with privacy issues in misinformation and that stuff at the youtube level like like the coverage has been really negative coverage of the pedophilia stuff on Youtube. Alex Jones stuff misinformation although lunatics. You know that are getting tons of money through. I feel like the potential the media coverage has been really bad and the potential for public backlashes. There I just haven't seen any pop. The clash hasn't made its way to the general public really anyone that it did a little bit with Uber with delete you a a little bit with Amazon. I think I really don't think it has with Google not yet an in general. It really hasn't made its way from press coverage into the general public way to find that when people like Elizabeth. Warren comes out and says I WANNA make up the tech giant's I don't see that as a huge huge applause line where like the Pennsylvania crowds are going to be like. Yeah I break out the tech giant's it's not something which is important to them. That's fair I mean the companies. You just mentioned I feel like there's an acknowledgement and may be extrapolating from my own life that that these companies are doing lots of bad stuff invading your privacy Yada Yada Yada.
"i. abc" Discussed on RNZ: The Detail
"Listen trust. The real issue becomes. What do you do when you get to zero because they some really fascinating things. Reserve bank can do which and i'm about to tell you. It could get even worse for you guys if if the reserve bank follows the orthodox web doing thanks so what do you do when you get to zero. This is the fun part you as a reserve bank can cat interest rates below zero now. This is a lot of fun. If you are a bank aimed you have some money with the reserve bank and the reserve bank starts charging a negative interest rate on that deposit. The bank has to pay the reserve bank money to look after its money so this is just so countering judah normally when you put your money in a bank you expect some sort riverton unpacking the money with you you can use. It and i need some rain if you like for that money but this means this time we get to a negative interest rate you give money to a bank ink and the bank say. I want you to pay me some more money so i can look after your money. In europe they've had these need of interest rates it central banks for an awful long time at a decade and what typically happens is that <hes> retail banks p people in the mines banks on the main street. They don't go as far as is charging negative interest rates for typical tim deposits they just sit there and squeeze them. Just big loss banks. Take apart from really big tim to pose it so if you're aw nigel from london with three million dollars in the bank then you do have to pay it negative interest rate and so what nigel does increasingly is that cooling up his mates alexi and buying crypto currency and gold and all sorts of things because it makes no sense the whole cash fix a whole bunch of people are literally taking cash out of the bank repping bundles and taking it back to their apartments and buying safes because the safe is cheaper than the amount that you attach charge by the bank to put your money in the bank. Is this happening in europe and japan sales of safes have gone through the problem for crime because i'm thinking a a whole lot of money sitting around looks pretty attractive too big. Let's put it in a big safe but what does nargile doing fit cash. Maybe he's buying some cocaine. Maybe he's doing some dodgy thinks that this is part of the problem is as you get closer to zero the amount of cash in the economy really starts to build up and the problem with cash is is as you suggest that a lot of it gets used for money laundering and actually gets used for <hes> drags six trafficking <hes> all sorts of dodgy things and if a lot of policy makers want to get rid of fish in fact. There's an argument that you can actually make monetary policy more powerful. If if you get rid of cash because what you do then is that people can't take the money out of the bank and put it into bundles of cash. They have to take the money out and spend it or invest it because they can't put independence of cash and then people start doing what's weird things with buying diamonds. You know essentially what we yeah so you get a lot of problems with a lot of cash in the economy apart from playing around with the cash right. What other tools does the reserve. Thank have to control the economy. Yes so once you. I mean the main one until you get to zero is official. Cash rate in reserve bank still thinks that has potency okay so we know. I asked the reserve bank governor. Have you run out of potency a you impotent. He didn't look up nicely but anyway he said no. I've still got plenty of pal. I'm we've done. The research and there's still plenty of power down here. The horses still moving record. We're doing work which is incredibly similar to war steve ray how the central bank in the world outside of venezuela venezuela and argentina. I think basically every central bank is we're all in the same global walker global normal interest rates are at a critical table and say we are all within some confidence interval of zero interest rate some central banks already seth of that you know the european banks of sweden sweden japan being there for a long time and life continues however when you get to zero love economists talk about something that could zero lower bound which is where banks really grumpy because they can't pass on the negative interest rates on zero interest rates. Tim depositors the making losses every nervous this about lending money out and so the reserve bank is likely to cut to let's say minus point five and when i asked the reserve bank governor about his preferences cd i prefer negative interest rates will say is that negative interest rates can have a limit to how far they can go because people will start to say. I'm not going to.