38 Burst results for "Janet"
A highlight from SEC GARY GENSLER HEARING & SUBPOENA SOON? COINBASE CRYPTO ADVOCACY WITH NANCY PELOSI!
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a 5 star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, as you all may know, Gary Gensler testified before the House Financial Services Committee today. He got grilled. He got a lot of pressure questions and things that he was shaking and unable to answer. It's the same old nonsense. And I'm sure many of you saw the clips, so I'm not going to play a whole bunch of clips for you, but I'm going to give you the big takeaways. What can we expect next? And McHenry, Patrick out of the gate, started grilling Gary Gensler. He asked him, is Bitcoin a security? And Gary was like stumbling, like he couldn't even answer it. And of course, you know, Patrick McHenry was like, what are you doing, man? I'm giving you softball questions. You can't answer me. Is Bitcoin a security? So Gary Gensler continued his clown show. This guy's a scumbag regulator, as I've been saying for a long time, and needs to be fired. But the big takeaway from what Patrick McHenry said, folks, he threatened Gary Gensler and said, don't make me have to send a subpoena. And he highlighted that Gary has not sent documents about FTX. He highlighted Gary's losses in court and much more. So I think the next step, you know, I haven't seen this level of threat about a subpoena from these folks. So I think we're getting there, folks. And I'm actually going to be interviewing Congressman Warren Davidson, who also did a great job grilling Gary tomorrow. And he's going to I'm going to ask him about the subpoena and what are the next steps. And of course, he highlighted his SEC Stabilization Act, which essentially fires Gary Gensler and replaces that chair seat, adds another commissioner and an executive director. So it makes the SEC less political and more balanced. And he has some great questions to Gary. You know, he even alluded to the EITH Ethereum free pass. Some of you may have seen the clip. So he did a great job. And once again, I'm interviewing him tomorrow. So be sure you're subscribed on the podcast as well as the YouTube channel. And Tom Emmer also brought some heat on Gary Gensler saying, I'm convinced you are not an impartial regulator. And he went on and did a press conference about this. And Gary Gensler is a bureaucrat who does not answer to Congress and much more. So, you know, similar types of comments that we've seen historically. But I think the subpoena threat was the big takeaway for me. The other stuff was, you could argue, was said historically and said before and other hearings with Gary Gensler. Now, Democrat Richie Torres did a great job of talking to Gary and getting specific, like he highlighted, is buying a Pokemon card a security? Gary said no. So he said, well, what if that Pokemon card got tokenized on the blockchain? It's a den of security. And that's where Gary was going back and forth and saying he needs more details and yada, yada. But great questions by Representative Richie Torres, very laser targeted in detail where Gary is just like caught off guard and he's trying to dodge the questions. So Gary continues to get exposed. And I like what happened today. I think the clips and all the news that are coming out of it, while they may not be very much actionable, where Gary is getting kicked out tomorrow, right? They do paint Gary Gensler in a very bad light. And remember, I've said many times, a lot of politics is simply optics. And if you have bipartisan support against Gary Gensler, that's not good. He's not going to be in that seat for very long. So it's great to see Democrats coming out against Gary Gensler. Now, quick word from our sponsor folks, and that is Uphold, which makes crypto investing easy. I've been a user of Uphold since twenty eighteen. They have ten plus million users, two hundred and fifty plus crypto currencies, and they're available in one hundred and fifty countries. You can also trade precious metals and equities on Uphold. If you'd like to learn more, please visit the link in the description. Also, a great comment from Representative Andy Barr to Gary Gensler on capital markets. He said, if the U .S. capital markets are a gold medalist, you are the Tonya Harding of securities regulation because you are kneecapping the United States capital markets with the avalanche of red tape coming out of your commission. Wow. That is a pretty strong remark there. Many of you know about the Tonya Harding story. If you don't look it up, Nancy Kerrigan and Tonya Harden and someone who was sitting behind Gary Gensler started flashing the Coinbase stand with crypto NFT shield. Many of you have seen that. And someone also highlighted the stand with crypto logo on a piece of paper. So this is similar to what happened with the guy who did the buy Bitcoin behind Janet Yellen years ago. So they put this right behind Gary. So it's pretty funny. This is another one that's going to go in the record books. And on that note, the SEC did acknowledge that the 1 .5 trillion dollar asset manager, Franklin Templeton, spot Bitcoin ETF application. Now, that doesn't mean anything because we need an approval. But things are moving ahead for these new applicants. Now, as all this was happening, guess who was in D .C.? Brian Armstrong and the Coinbase folks. Pretty incredible. And they did this whole campaign where they're at the Hill and a Brian Armstrong tweet out here at our nation's capital for a stand with crypto day with 40 founders from across the country. It's time for America to join the rest of the G20 and get some clear rules on the books. So great move here by Coinbase because the juxtaposition of what Gary is saying and what a big publicly traded crypto company is doing with a whole bunch of founders in D .C., educating and providing advocacy is really, really great. So I love this. And you hear you see Brian posted some photos, he said a great meeting with Speaker Pelosi. Now, all feelings about Nancy Pelosi aside, this she's a Democrat, folks, and I think this is a very smart move, Brian. Very, very smart move, because today even Maxine Waters was praising Gary Gensler. Oh, he's the knight in shining armor. And Gary, you know, you've been doing your thing, protecting Americans from these crypto scammers. Right. So remember, just like two years ago, she was hugging up FTX saying she loves Sam Beckman Fried, blowing kisses, taking campaign donations from FTX. So she's can be bought and sold right pretty easily. And I really like this. Coinbase is playing chess here while Gary Gensler is getting grilled. I love it, love it, love it. And they took a whole bunch of photos here at the Capitol Hill. So smart move by Brian. Really, really smart move. Now, finally, Kraken sets sight on stock trading. So Kraken, the crypto exchange, they're looking to expand their services. And, you know, this makes sense. If you're ordering already an exchange where you sell crypto, you can easily move to stocks. And then I know some other folks have been looking to tokenize stocks and sell those. So this is a pretty big move. And we're going to see that these crypto exchanges are going to expand to other markets. And with the advent of tokenization, you know, they're going to tokenize a lot of the traditional financial markets and assets and commodities and much more. And allow people to easily get access to them globally, 24 seven trading and much more. So obviously this would put them up against like Robinhood, essentially right where you have stocks and you've got crypto in the mix. So I think it absolutely makes sense. Well, folks, that's the news. Let me know what you think. What did you think about Gary today in the hearing? And once again, I'll be interviewing Congressman Warren Davidson tomorrow. So be sure to check out that interview once it's published on Friday. And I'll talk to you all later.
Fresh update on "janet" discussed on Bloomberg Businessweek
"Unions and strikes and looming U .S. government shutdown. That is all on the agenda. David joining us here in studio and you know David I feel when like when it comes to a shutdown or even like the fear of one. We've been here before deja vu. It's the butt of jokes. Comedians love to make sense of it or make or try to make sense of it. But what's interesting is there is an Impact Bloomberg and has done a lot of reporting about that. You know we may laugh, but it really does have an impact well There's impact in the opportunity short for a short term. That's right Carol in the sense of you're shutting down a lot of business people are not going to be working people getting their services not get it. But also There's a potential longer -term impact you know that the reason why we're doing this is because of long -term deficits That many people think are out of control you can disagree with the way they're going about it But there's a real issue there we had Rashid Sharma on who's the chairman of Rockefeller International to talk about that larger question about why we don't seem to be worried about the Really record levels of deficits this is part of what he said The issue here is that no one is doing this on any great principled way which is the fact that as we have discussed in the past that if you look at the last 50 years the US run has a budget deficit practically every year in the last 50 years no matter if you've had a Republican or a Democrat president or whoever's been in Congress and that's what's happened that because for 50 years we have run these deficits the attitude has come to be of policymakers that deficits don't matter that you can keep running deficits there's been no apparent adverse effect of this so why should we care? Yeah the issue here I think is it doesn't matter until it does and then you've got a real problem and one of the points he made actually in the conversation we had is for many many years we've run a deficit and it was around 3 3 % of GDP and much of the rest of the world is running 3 % of GDP flash forward to today the rest of the world is still running three about percent we're at seven that's a big change exactly we've gone a different path from the rest of the world I always think about the cost of servicing that debt too and we know that that has risen and that's real you know you think about it maybe okay it's a number on the the government sheet balance but it has to be paid and dealt with and when we talked to lawmakers back when they were running up some of the deficits with some of the fiscal stimulus both republicans and democrats in fairness we would ask them about that and they'd say oh but the the interest rates are so low you heard janet yellen the treasury secretary saying well the interest rates are so low we don't have to worry about that was when they were zero or close to zero they're not anymore as you might have noticed right but then again you know china it looks like some people are projecting it will never overtake the size of the u s economy uh the u .s seems exceptional in some of its um you know technology growth and things like that does that can that just kind of push off any sort of impact of a larger debt burden because you know america's driving the show and it prints its own currency so exactly we have the reserve currency which lets us get away with some things and in some sense it may save us from a disaster at the same time the fact that from an investing point of view you'd rather invest here than invest somewhere else ourselves doesn't mean that we're constructing an economy that will grow because at some point as you have increasing debt service then as you look at your budget that's coming from somewhere there are things that you're not spending that money on and it's hard to see a long term growth pattern for the US economy even if we're doing better than a lot of other people it's the old you know best house in a bad neighborhood right isn't that what they say yeah well that's what I think about if you're having to pay more to service your debt what are you not then able to spend on at a time where we were talking so much about you know the transformation that's going on whether it's EVs or you know alternative energy generally just things that need to be semiconductor investment in a world that needs semis and certainly US companies need it that what can't we do as a government to support maybe some industries or initiatives here you're just so right or people think about climate I mean trillions of dollars globally we have to invest where is that money going to come from by the way geopolitics we have to invest to deal with Ukraine it was going to Russia also China doesn't seem to be sort of rolling over over in Asia so there's a lot of investment we're going to have to make here and it's got to come from somewhere it's not clear right now where it's coming from right and so I mean the logical place for it to come from is is the government you know to a degree and that would employ people and that would grow the economy more and maybe you at some moment hit an economy that kind of grows itself out of this public debt is that something that anyone sees as a possibility listen a country is not the same as a company but I think there's there's a parallel a here it's not so much how much money you spend but what you're spending on you know I always used to say at ABC you want to make sure you spend enough money and no more and the real question is are we spending money that's investing in our children's future and our grandchildren's future or are we really running up expenses so that we have more it comfortable now at least from my point of view I think that's the question so you're right spending money in himself is not bad for a government it can be great great for a government look at Keynes right Keynes would say that was a good idea but what are you spending it on right it really matters and certainly makes a difference longer term um sounds like you got a good show coming up we're looking forward to David Weston of Wall Street we catch it at at 6 p .m. Wall Street time at the top of the hour on Bloomberg Television and Bloomberg Radio David thank you so much this this is Bloomberg you I'm addicted to all right everybody the public you me everyone remains largely in the dark about a process in the making of plastic it is known as fluorination and the toxics PFAs that are generated in the process those PFAs compounds found to be so dangerous that the US the Environmental Protection Agency had moved to effectively ban them back in 2015 there is one company little little -known that seems to be at the center of it got to get to this story it is a new issue of Bloomberg Business Week on newsstands online at bloomberg .com slash business weekend on the bloomberg with us to talk about it is bloomberg news reporter as made to pres and also the editor of bloomberg business week Joe Weber on zoom in New York City Joe I feel like you just keep bringing to me and to our audience stories about things that make me little a worried whether it's the Google search abilities and location abilities or whether it's plastics and how is that maybe impacting me yeah so many as reporting on this story is sensational and it will really terrify everyone and I've spent the past few weeks since reading this the first version of the story like going through my life and just basically like flipping over every plastic bottle and container and looking for a number to assemble as may why is number two a problem yeah well let's big picture I mean this story is about PFAS which are these enormous you know this enormous class of man -made chemicals have been used for decades to make all kinds of things better but scientists are increasingly ringing alarm bells about them as we learn how toxic they are in the ways in which they harm our bodies in the environment so this the really story is about the scientific discovery of a new route of exposure to
A highlight from UNCHAINED: Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF
"Hi, everyone, welcome to Unchained, your no -hype resource for all things crypto. I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago, and as a senior editor, Forbes was the first mainstream media reporter to cover cryptocurrency full -time. This is the September 19th, 2023 episode of Unchained. Toku makes implementing global token compensation and incentive awards simple. With Toku, you get unmatched legal and tax tech support to grant and administer your global team's tokens. Make it simple today with Toku. The game has changed. The Google Cloud Oracle built for layer zero is now securing every layer zero message by default. Their custom end -to -end solution sets itself up to bring its world -class security to web three and establish itself as the HTTPS within layer zero messaging. Visit layerzero .network to learn more. Arbitrum's leading layer two scaling solutions can provide you with lightning fast transactions at a fraction of the cost, all while ensuring security rooted on Ethereum. Arbitrum's newest addition, Orbit, enables you to build your own tailor -made layer three. Visit arbitrum .io today. Buy, trade, and spend crypto on the crypto .com app. New users can enjoy zero credit card fees on crypto purchases in the first seven days. Download the crypto .com app and get $25 with the code laura. Link in the description. Today's guest is Zeke Fox, author of Number Go Up. Welcome, Zeke. Hey, thank you so much for having me, Laura. Yeah, I'm excited to chat. You just came out with your book, Number Go Up. Congratulations. Tell us what it's about. Number Go Up. I've started out as it's my the story of like the two years I spent going down the crypto rabbit hole. And when I started out, I was just kind of curious and skeptical. And I was arguing with my friend about the reasonableness of a betting on Dogecoin. It's like the height of the pandemic. And I don't know, I got kind of sucked into investigating crypto. Two years later, I was cut to I'm in the Bahamas, going to Sam Begman Fried's penthouse just before the cops showed up interviewing him about the collapse of FTX. And so you said that this was your period of going down the crypto rabbit hole. What had you been doing before? So I've been an investigative reporter for Bloomberg for a long time. And at Bloomberg, I generally write about kind of the shady side of Wall Street. So I'd written exposes of predatory lenders, penny stock scams. One of my favorites was about a Patriots fan who stole the New York Giants Super Bowl rings after the 2008 helmet catch game. So I'd always been looking for like wild stories to tell in this world of business and finance. But I kind of resisted crypto as a potential topic. I just didn't really see it as like, I mean, you're going to laugh at me now, but I just didn't really see it as like a good target for an investigative reporter. And it wasn't because I thought crypto was like the future. It's just like this may be hard to believe if you're like a big time crypto guy, but actually maybe not because I'm sure you talk about it with your family and everybody. But like outside in the traditional finance world, a lot of people are so skeptical about crypto that they were like investigating a crypto company and finding out something bad about it, you wouldn't find anything surprising. I don't even care about that story. But what I realized was that my first crypto conference was Bitcoin 2021 in Miami. And I showed up there and I just met, I realized there were so many crazy characters in crypto. There were so many people that I'd love to write about. And I'm like, these are the kind of people who I need to get to know. One of the first people I sat down with was I met Sam Bankman -Fried there. I met Alex Mashinsky of Celsius, who was very prominent there. I had Michael Saylor saying all sorts of crazy things about Bitcoin. And I came back and I told my editor, like, I was wrong. There's all sorts of weird stuff going on in crypto. This would be a great topic and it'll be, you know, it'll be a long time before. There's too many stories to choose from. Yeah. Yeah. And it's funny in terms of the years that you, quote unquote, went down the crypto rabbit hole. Those were two of the craziest years and in a way, like some of the more unusual years of crypto, I would say. Just so before we dive into, you know, the different escapades you underwent in your book, you mentioned earlier that you were both curious about crypto, but also skeptical. So, you know, before we dive into what you were looking into, I wanted to hear your overall take on crypto. You know, when you say you're a skeptic, how much of a skeptic because there are some people who are skeptics and they completely dismiss crypto, but I didn't get that feeling from reading your book. I'm sort of like a skeptic in general. I'm skeptical of everything. That's why, like, I'm an investigative reporter. So if somebody tells me, hey, like Alex Mashinsky did, hey, I'm going to pay 18 percent interest. And if you want a loan from me, I charge like as low as zero percent. This is like in the world of traditional finance, a very backwards business model. When you say something like that to me, I'm going to say, yeah, I'm kind of, can you provide some evidence, like what, how are you investing your money? How does this how does this make sense? But I tried to keep like an open mind. And the question I was always asking was, what does your product do when I meet crypto founders? Can I see it in action? Can I talk to your users? Is it being used in the real world somewhere? That's one of my favorite questions, because as a writer, it's hard to write about things if you can't see them being used. And so that took me to El Salvador to see the Bitcoin experiment there. But it also took me to Ape Fest to see what it was like to be a member of the Bored Ape Yacht Club. And I was pleased I got one of the first reviews for the book the other day from Jeff John Roberts in Fortune. And he's, I think, feels fairly positively about crypto. He thought that my take on crypto was a little shallow, but that the book was so funny, he didn't care. And I'm like, you know what? I'll take that. I think we can all enjoy reliving these last two crazy years. And like whatever your take is on crypto, like there are crazy things that happened that we have all just like so much has happened. There's no way to like remember it all. But I have done the work of writing it down so you can go read it. Yeah. Yeah. No, it was definitely it covered the range of events. But let's actually talk about one of the main through lines. And I believe, you know, correct me if I'm wrong, that this was actually meant to be a book about Tether. And because I remember like a long time reading that it was coming out and I think that's what it said. And you kind of keep saying this to yourself that you keep saying it yourself in the book that, you know, you're getting these tips about Tether and you're trying to investigate them. You keep coming up against these dead ends. So before we go into all that, why don't you at least just tell us, so what do you feel were your main findings about Tether and like what were you trying to resolve? So probably old for like most people listening, but Tether is a big stable coin. Each coin is supposed to be worth a dollar because each coin is supposed to be backed by real dollars that are held in a bank somewhere. And I when started out, I wrote like a story for Businessweek about Tether. That was sort of the start of this project. I always thought as kind of like a good jumping off point, I pitched the book as like, this is the craziest financial mania we've ever seen in the world and it's not going to last. And I want to be there to chronicle it. And I see this like interesting central mystery that is going to like take me through. And that was Tether. At the time when I started, Tether said that they had, I think it was around 50 billion dollars in the bank. It was weird because on the one hand, it was pretty widespread to be, and correct me if I'm wrong, if I'm describing what crypto people think, because you probably know better than me, but like even people who are pretty into crypto in when they were talking to me, they'd be like, yeah, I'm not so sure about their assets like this. I don't know what's going on with Tether. This is like a good question to be asking. And it was being asked at like the highest levels of the U .S. government. Like Janet Yellen called a meeting of all the top financial regulators and the topic was like, what's going on with Tether and like, could this affect the world And I just thought it was a little when I started looking into Tether and I saw that, you know, among its co -founders was a child actor from the Mighty Ducks. I was just like, what is this in that the company I write in the book, the company was quilted out of red flags, like in the world of traditional finance, you did never you would never find a company with so many weird things to look into. And yet here it was like at the center of the crypto world. And I just thought it was it was funny to me that the heads of state were discussing this coin that was like dreamed up by a child actor from from the Mighty Ducks. And I was like, this is my kind of mystery. I want to dive in. I'm going to try and find Tether's 50 billion dollars. I see. So, you know, as we mentioned at different points in the book, you do talk about how you feel like you keep coming up against dead ends in your investigation. So what's your conclusion about that fact? Like, do you think it means that concerns about Tether are overblown? Does it make you more convinced that like the company is just really hitting everything really well or like what are your thoughts? Right now, Tether has only grown bigger. Midway through my reporting, I found that Tether had invested a lot of its assets into Chinese commercial paper. And there's kind of like this conflict of interest at the heart of Tether's business model, which is that if you give your money to Tether, you want them to keep it really safe. So it's there when you go to cash in your Tether tokens. But Tether doesn't pay any interest in the way that Tether makes money is they can take the money that you trusted them with and they can go invest it. And so there was this theory that especially when interest rates were very low, they might be doing weird things with your money in order to earn higher profits. And that so I found that they were doing some unusual things that included the Chinese commercial paper and also making loans to crypto companies like Celsius and others. So to me, that seemed like that's kind of risky. What's going to happen there? And as I followed along in the summer of 2022, like crypto companies fell one after the other and Tether did not. And there was even like a little run on Tether where users cashed in, I don't know, five, 10 billion dollars of Tether. And I'm sure if those people did not get their money back, like we would have heard about it. Right.
Fresh update on "janet" discussed on Bloomberg Businessweek
"People not necessarily earning as much money in their overall careers but then they're also having pay to off these bills that just seem to be wildly more expensive right yeah I mean if you want to go to graduate school find someone else to pay for it if your parents are able to pay for it if your employer is able to pay for it if you can go to a state program that doesn't cost a lot of money then you know then in some ways it could be an easy decision but you have to do this calculus and some you know of the borrowers we spoke to in the story they just weren't sure what to do after college and they thought that these degrees would give them higher earnings and it just doesn't always happen that way. Gosh, you talk about Brielle in your story who went to Eckerd College in 2012 anyway she went off to get a law degree I mean you know Janet that she it says it's going to take until 2045 to pay off her loan she got a law degree right and she expects it to grow to about two hundred forty five thousand dollars with interest I mean that's some serious money. Yeah and she found a job that with a law firm that she really enjoys but as it turns out it doesn't require a law degree it's working in compliance which was something she would not have found otherwise if she hadn't gone to law school but you know it's just it's just the calculus and in some cases the risk that people are taking because they thought it would pay off doesn't always pay off. While we have you, can we talk about another story you wrote? The school that is so steeped in wealth and prestige has also been steeped in scandal and now for a new president the area in which it resides in in which it's so connected the US tech epicenter also going through a reboot that will no doubt impact Stanford as well. Talk to me about the standing of this institution in our world at large and and how that might change given all these factors. Well, Stanford is going to be just fine. They're going to get a good president. Tens of thousands of kids clamoring to go there but they've had to deal with a lot of scandals frankly. The president resigned. There were a lot of questions in his is a really prominent scientist and he actually had to retract a couple of which articles is a pretty big deal in the scientific community and this was all discovered in the student newspaper which is really impressive and a lot of the big scandals in tech. The Stanford name is dragged into it, FTX, the crypto exchange that Sam Bankman -Fried is going on trial next week. His parents are law schools there and our Bloomberg colleagues had a great story a few weeks ago about their involvement. Of course, Theranos, Stanford dropout had a big tie to Silicon Valley and there's just a lot of stuff going on there. So, we'll see, but Stanford raises more money in some years than Harvard. They get more, you know, government research funding than schools that are hundreds of years older than them. You know, in one sense, you know, four Nobel Prizes in the last couple of years raising a billion dollars, but on the other hand, you know, there's a lot going on there. Yeah, I love Stanford's fundraising alone the over last six fiscal years exceeded seven billion dollars. Pretty serious money. And I have to say, when Bloomberg Businessweek does the annual MBA survey, it is often number one in terms of the ranking. Well, yes. It's consistently number one, so it's kind of where students want to go and they seem to like it a lot. Lauren, Janet thank you so much. Have a good and safe weekend. Higher education finance reporter at Bloomberg News joining us on Zoom from New York City. I'm Carol Master along with Simone Foxman in for Tim Stenovick. We'll see you next time on Bloomberg Radio. Bloomberg Radio on demand and in your podcast feed on the latest sound on podcast. talked I with Congressman Dusty Johnson, chair of the Republican Main Street Caucus wrote a stopgap funding bill to to try keep the government from shutting down this weekend. No one, including Matt Gaetz, thinks that we're going to get all of our work done to be able to meet with a senator who wants to spend in general more money and a house that in general, including me, wants to spend a lot less money. It's going to take some time to work that out. So the only question is whether or not we will do that at
A highlight from 1403: This Will Send Bitcoin to $1,000,000 - Max Keiser
"In today's show, I'll be breaking down the latest technical analysis, as well as breaking news just in. The former SEC and Federal Reserve Bank of New York, Norman Reed, announced as the new CEO of Binance US? Like, what? Serious? We'll also be discussing the latest from Max Kaiser, who recently shared, we helped boost El Salvador's bonds 90 % this year. We can help Javier Malay escape the IMF, central banking terrorist, and get Argentina's economy rocking. Hope to be landing in Buenos Aires soon. Let's go. He also says that President Bukele plus Bitcoin have reinvented the nation state. Governance is being redefined in the Bitcoin age. A true meritocracy and universal economic freedom is rising in El Salvador. Socialist ideas are on their deathbed. Can the Bukele model of Bukelenomics be exported to another country? We will go to Argentina and discuss this with Javier Malay. Can't freaking wait. Also breaking news, Mark Cuban loses $870 ,000 worth of Ethereum in his MetaMask hot wallet with a hack. Rough. Also in today's show, Gemini legal team accuses DCG, the digital currency group of gaslighting Genesis creditors. We'll also be discussing BitGo and Swan unveil plans for a Bitcoin -only trust company. That's right, the trust company will target institutional investors in the United States as asset managers line up for the Bitcoin spot ETF. Send it. We'll also be discussing Bitcoin price all -time high will precede the 2024 halving according to this latest prediction by Bitcoin. Quitting him here, no, Bitcoin is not going to top before the halving. Yes, it is going to reach a new all -time high before the halving. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024. And yes, the target price is around $250 ,000 per Bitcoin. I'll also be sharing the latest predictions from Max Keiser with the Bitcoin price action I recently transcribed his most recent interviews. We'll also be taking a look at the overall crypto market, all this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1403. I'm your host JV, and it is stat stacking Saturday. So let's get it. It's September 16th. So you already know we're halfway through the September before October. So let's bring it. Let's start with our market watch. As you can see here on the screen, we're back in the green. Bitcoin up a half a percent for the day trading back above 26 ,500. We also have Ether trading above 1600. And checking out coinmarketcap .com, we're sitting just above that trillion dollar milestone with roughly 22 billion in volume in the past 24 hours. Bitcoin dominance is 48 .9%, and the Ether dominance is 18 .6%. And checking out the top 100 crypto gainers of the past 24 hours, TonCoin leading the pack up 17 .5 % trading at $2 .42, followed by ThorChain up 9 .5%, trading at $1 .91, followed by Flow up 8 .5%, trading just above 46 cents. And checking out the top 100 crypto gainers for the past week, we have a sea of green, which is a beautiful omen for the altcoin market. We have coins such as TonFlow, Rune, and Ave all pretty up between anywhere from 8 to 13%. And yeah, so there you have it. How many of you are currently bullish on the king crypto, and how many of you are anticipating a further dip? Let me know your insights. And at the end of the show, I'll be reading everyone's comments out loud as we do each and every day in the Q &A session. Now, let's dive into some technical analysis from Glassnode, one of my favorite analytics platform. The past few days have been relatively positive for the price action for the king crypto, which has been increasing since Tuesday, September 12th. At the time, Bitcoin is sitting just above 25 ,600. Now in this prediction, the co -founder of the popular crypto analytics resource, Glassnode, outlined that the US CPI jumped by 0 .6%, which led to some fluctuations of the Bitcoin price. And indeed, the core CPI, which excludes more volatile sectors such as food and energy by design, has noted a yearly increase of 4 .3%. But interestingly, the CPI itself clocked in at 3 .7%, while the estimations were for it to be 3 .6%. So initially, the news didn't really have any impact on the price, which beyond the expected initial turbulence, settled at where it was trading just before that. So here's some price predictions coming from the Glassnode co -founder. He pointed out that crypto reclaimed the support above 26 ,000 and is now eyeing a potential break beyond 27 ,000. This would help it escape a multi -week range. He went on to share, risk signals nose dive into the 60s around ,400 27 and 28 ,200. But this climb seems poised as a step before tackling the psychological barrier at $30 ,000. So there you have it. Let me know if you agree or disagree with the analysts. And are you currently more bullish or bearish on the King crypto for the short term? Please do let me know. And breaking news just came in before I went live. And I'm like, it's hard for me to even accept this, but this is what it says. Former SEC and Federal Reserve Bank of New York, Norman Reed, is announced as the new CEO of Binance US. You can't make this stuff up. Folks, what is the SEC doing? Now, Max Kaiser recently tweeted, I'm sure you know, there was a Tucker Carlson interview with the pro Bitcoin presidential candidate of Argentina, who's currently winning the polls for the presidency. And fantastic, almost 400 million views within the first day. Max went on to share, we help boost El Salvador's bonds 90 % this year. Facts. We can help Javier Malay in Argentina escape the IMF central banking terrorists and get Argentina's economy rocking. Hope to be landing in Buenos Aires soon. So the million dollar question, do you think Max Kaiser will orange pill Javier Malay? I sure hope so. He even recently tweeted here, President Bukele plus Bitcoin have reinvented the nation state. Governance is being redefined in the Bitcoin age. A true meritocracy in universal economic freedom is rising in El Salvador. Socialist ideas are on their deathbed. Can the Bukele model of Bukele -nomics be exported to another country? We will go to Argentina and discuss this with Javier Malay. And quoting El Salvador's fearless leader, Bukele, old ideas and institutions crumbled and a new generation is called on to remake the world based on the human right of financial freedom. Preach. Now, Max also shared in regards to this headline, Janet Yellen says Ukraine aid is the best boost for the global economy. Now this is hilarious and also sincere at the same time. Bitcoin monetizes war and violence by being finite and uncomfortable as this ugly, what? Illustrates money monetizes war by violence by turning humans into disposable garbage central bank Ponzi scheme. Preach Max Kaiser. Greatly appreciate all the work you're doing. You're truly doing God's work. You and Stacy's a massive shout out. Now let's discuss the latest with the hack from Mark Cuban. Now this is alarming, but at the same time, it's Meta Mass. I've been telling you guys to stay away from the Meta Mass wallet for quite some time. And also they didn't hack Bitcoin. They hacked Ethereum. I personally don't trust Ethereum or Meta Mass. So interestingly enough, so to read this story, let's break this down. Check this out. Nearly $900 ,000 worth of Ethereum was reportedly drained from one of the hot wallets belonging to investor in Dallas. Mavs owner, Mark Cuban, the man that once said Bitcoin has no intrinsic value and that bananas are more valuable. Yeah, right now, independent blockchain sleuth was the first to spot the hack September 15th at around 8 PM. So that was last night after they highlighted suspicious behavior. What one of Cuban's wallets that the 65 year old had an interacted with for roughly five months as he shared here on X LMAO did Mark Cuban's wallet just get drain wallet inactive for 160 days and all of the assets just moved. And according to the transaction history on Etherscan, several batches of assets such as USD coin, USDC tether, and Lido staked Ether were suddenly withdrawn from the wallet within a 10 minute window. Now adding complexity to the matter, another 2 million worth of USDC was also withdrawn and sent to a different wallet, leading Woz to suspect that Cuban may just be moving some assets around. However, a few hours later, Cuban confirm to DL news that he had gone on metamask for the first time in months and vaguely suggested that the hacker or hackers may have been watching and waiting for the moment to pounce. Cuban added that he had transferred any remaining assets to Coinbase custody, essentially confirming that the $2 million worth of USDC transaction was indeed him. But in terms of the hack, members of the community were quick to point out that the opposed to the hackers watching Cubans activity, he must have done something that led to the security breach. Some suggested that Cuban may have mistakenly signed a malicious transaction while others asserted his private keys were compromised given that the funds were directly transferred out of his wallets. What do you guys personally think chat? Please let me know in the comments below. This is not the first time Cuban has been taken a hit on the crypto market. Back in June of 2021, Cuban Lawson unspecified amount of capital on what he called a rug pull after the algo stable project called iron finance imploded amid a supposed bank run. So there you have it. Mark Cuban has a bad track record in crypto. Just pointing out the obvious fam, how many of you guys think that it was a legitimate hack? Let me know your thoughts or how many of you think he maybe have just moved it around and don't want to claim it. Who knows? I mean, there's infinite possibilities. No one really knows, but I'll be keeping you posted with the latest developments. We all know Mark Cuban is a multi -billionaire. So obviously a $900 ,000 loss is not going to affect him. He's not going to lose any sleep over it. But what if you were to get hacked worth of $900 ,000 of crypto? So again, red alert, be very careful with wallets such as MetaMask. Just saying. Now for the latest between the digital currency group in Gemini with the ongoing saga as it continues, lawyers representing Gemini Trust have pushed back against the plan proposed by DCG for the creditors of Genesis Global in the filing yesterday, September 15th in the US Bankruptcy Court for the Southern District in New York. New York, where you at? The legal team accused DCG of gaslighting Genesis creditors through contrived, misleading and inaccurate assertions and a recovery plan. Now the plan filed in Bankruptcy Court September 13th, three days ago, claimed unsecured creditors could have a 70 to 90 % recovery with a meaningful portion of the recovery in digital currencies, while Gemini earned users would expect an approximately 95 to 110 % recovery for their claims. This seemed like a red flag when I initially read the story. I'm like, how are they going to get back 110 %? Does that make any sense? So now I'm starting to understand maybe they were gaslighting. What are your thoughts, chat? According to the legal team, DCG was attempting to bait the Gemini lenders into accepting the deal that would allow the company to pay less than it allegedly owed. Lawyers called on the firm to significantly improve the terms of the loans provided to Genesis and not use Genesis' bankruptcy proceedings to cover for justifications of the recovery plan, quoting them here, to distract the Genesis creditors from the inconvenient facts of its facially inadequate and inequitable proposal, DCG touts proposed recovery rates that are total mirage, misleading at best and deceptive at worst, said the filing yesterday, September 15th. Make no mistake, Gemini lenders will not actually receive anything close to the real value in terms of proposed recovery rates under the current agreement. In principle, so a bunch of more shenanigans, to say the least. The legal battle involved entanglements with crypto exchange Gemini and DCG over the Gemini Earn program. How many of you have lost crypto from Gemini Earn? I'm curious. Please let me know in the chat, fam. Financed in part by Genesis, Genesis halted withdrawals as we know November of 2022 in the wake of the FTX collapse, citing unprecedented market turmoil at the time and filed for bankruptcy later on in January of this year. According to the court filings by Gemini, Genesis owed more than $3 .5 billion to its top 50 creditors at the time of their Chapter 11 bankruptcy filing. The crypto exchange filed the claim in May, aimed at recovering more than $1 .1 billion worth of assets for roughly $232 ,000 Earn users and filed a lawsuit against DCG and their CEO, Barry Silber, in June alleging fraud. Barry was not the only architect and mastermind of the DCG and Genesis fraud against the creditors. He was directly and personally involved in perpetuating it, said Gemini co -founders Cameron and Tyler Winklevoss back in June. The US SEC filed a civil suit against Gemini and Genesis in January for allegedly selling unregistered securities through the Earn program. The two firms filed a motion to dismiss the case in May, but it is still ongoing at this current time. How do you think this is likely to play out? I just hope that the investors get their money back as they deserve because we all know with lawsuits, the biggest losers are always the investors. The biggest winners are the lawyers and the courts. That's just facts. So we'll see how this plays out as well. And again, they're attacking and going after all of the yield programs for crypto with Gemini Earn being a pretty large one. Why? It undermines the banks, right? If you can earn a five or 10 % yield putting your cryptocurrency on their platform, it basically tells you that why would you even waste your time with fiat currency in your bank when you're losing more than the actual appreciation of interest because the interest is virtually nothing while you're losing 20 % in inflation on an annual basis. It just makes no sense. So it seems if I had to guess, that's why they're attacking all of these yield programs. But what are your thoughts, chat? Please do let me know. I'm going to read those comments out in a little bit. Now let's discuss the latest with Bitcoin Trust. That's right, BitGo and Swan unveiled plans for their Bitcoin -only trust company. This is breaking news as well. The US may soon have a Bitcoin -only trust company according to plans disclosed by BitGo and Swan yesterday, September 15th. The joint venture is pending regulatory approval, the company said in the statement. Now I love the word joint venture because hey, JV, just saying. The forthcoming entity will handle similar activities of a trust company, including Bitcoin custody, administration and management on behalf of its beneficiaries. And according to Corey Clipston, CEO of Swan, the solutions intends to offer Bitcoin custody without the risk of having other altcoins under the same roof. As you know, Swan is Bitcoin -only and they're pretty much anti everything, not Bitcoin. Quoting him here, for years, we have heard from major clients, partners and other Bitcoin companies that they would prefer a Bitcoin -only software and services stack that is focused strictly on the best custody and leverages of Bitcoin's unique features. The companies are in contact with state regulators about the plans, but have yet to file regulatory approval. Clipston told Cointelegraph we're evaluating acquisition options first, he disclosed as he announced here through the Swan Bitcoin team on X. As part of our long -term vision to advance Bitcoin adoption, we're announcing a major step forward for Swan and the entire Bitcoin ecosystem. BitGo and Swan announced plans for USA's first Bitcoin -only trust company. Let's go USA. BitGo offers digital asset security and custody, supporting over 700 cryptos as per its website. And in contrast, Swan's business is fully dedicated to the king crypto, allowing users to only invest in Bitcoin via a one -time and reoccurring purchases, with custody of records held at Fortress Bank and Bakkt, while BitGo acts as a cold storage for Custodian. Now, didn't Fortress Trust just go bankrupt or get acquired by another company? Was it Ripple? You guys let me know in the chat. I know there was something major with Fortress Trust. Now, the new venture will target institutional investors such as asset managers, pension plans, and family offices, along with governments and company treasuries. It will offer cold storage, fraud prevention, anti -money laundering, and know -your -customer protocols, amongst other Bitcoin -related services. Institutional investors in the crypto space are at a fast -growing market in the US, especially as the world's largest asset managers seek regulatory approval, which includes BlackRock, the largest. For a spot Bitcoin ETF, we also have several large Wall Street players offering crypto custody solutions to institutional investors, which include the Bank of New York, Mellon, as well as Deutsche Bank, quoting them here. We believe there is a high likelihood that several ETFs are approved in 2024, and thus a new round of entrants to the Bitcoin market seeking mature, reputable, technology -proficient partners for a range of needs, explained the Swan CEO. The SEC delayed decisions on the spot Bitcoin ETF product. Analysts predict the regulatory regulator may postpone a decision until early 2024 as the deadline fast approaches, quoting them again. Our teams have worked closely together for nearly a year on stronger, qualified custody models. Early in 2023, we recognized the opportunity to establish a Bitcoin -only custodian, combining the unique capabilities of each company and supporting the innovators that will be at the forefront of pushing Bitcoin adoption, noted the CEO of BitGo. So there you have it. I am curious, by a show of hands chat, how many of you have purchased or acquired Bitcoin using Swan Bitcoin, and how many of you are familiar or ever used BitGo? Let me know in the chat. Now let's break down our next breaking story of the day, and that's the Bitcoin halving, which should be on everybody's mind, because it's only six months out, estimated to take place sometime in April of 2024. Now guess what? What if we hit a new all -time high pre -halving, because that's what this prediction suggests. Let's break this baby down, shall we? Bitcoin has a $250 ,000 target for after its next block subsidy halving, but a new all -time high will come sooner. Let me know if you guys agree. That is the latest Bitcoin prediction from BitQuant, the popular social media commentator who sees a rosy future for Bitcoin. In his latest post on X on September 15th, synonymous central banker and Bitcoiner revealed a pre -halving target of 69 ,000. That's what makes this individual interesting. He is a central banker and a Bitcoiner. I didn't even know that was a possible combination, fam, just saying, but he wrote, no, Bitcoin is not going to the top before the halving. Yes, it is going to reach a new all -time high before the halving. Now Bitcoin has just over six months before the halving, the event that cuts the miner rewards, as we know, per block by 50 % every four years. Analysts argue that the resulting emission restrictions have a cathartic impact on the Bitcoin price performance, acting as something of a springboard in advance of Bitcoin seeing new all -time highs. But for BitQuant, the analysts, that alone is not bullish enough. Not only will Bitcoin beat its current record set in 2021, which we all know the current all -time high is 69 ,000, before next April, it'll go on to hit $250 ,000 per Bitcoin after the next halving cycle begins. That's what he says here. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024, and yes, the target price is around 250 ,000, which is outlined right here in the chart. Let me know if you agree or disagree with this crypto analyst, BitQuant. Now, market participants are highly divided when it comes to how the Bitcoin price action will play out into the halving and beyond. Some agree that the higher levels are possible by April, but plenty of conservative voices obviously remain, especially bears, right? Last month, Bitcoin investor and author Jesse Myers dispelled any idea that Bitcoin will be trading at six figures between now and then, and in a subsequent interview, meanwhile, Philby Philby, the co -founder of Trading Suite, decent trader, gave a pre -halving Bitcoin price ceiling of 46 ,000, quoting him here, assuming no Black Swan event, around 35 ,000 by the end of the year, and possibly as high as 46 ,000, sometime pre -halving in quarter one of 2024. So there, you freaking have it. And as he shares here, I'm going to read you his particular post on X coming from Bitcoin. Again, this is the central banker slash Bitcoiner. He says, no, Bitcoin is not going to the top before the halving. Yes, it is going to reach a new all -time high before the halving. No, Bitcoin is not going to 160 ,000 because the magnitude of every pullback is large. This means it will peak after the halving in 2024. And yes, the target price is around $250 ,000 per coin. So there you have it, fam. Again, let me know if you agree or disagree with the analysts and where do you feel the Bitcoin halving, which is around the corner, is likely to take us. As you know, the two most bullish catalysts in the market, Bitcoin halving as well as spot Bitcoin ETF. I hope they both get approved and take place. We already know for certain the halving will take place, but there's a 95 % chance of the spot ETF approval in the United States, according to top ETF analyst, Eric Balchunes of Bloomberg. Now for the moment you have all been waiting for, the latest from Max Kaiser. I recently transcribed, actually today, his most recent interview in Bitcoin price predictions, very powerful words to share. So let's break this down. So first and foremost, he says, the world is a very different place and everyone will say nobody saw it coming, but it is clearly been brewing now for many years. And it's like every single day you can just see the catastrophe inching toward the abyss. You know, it's we're at the zero line preach. He also says it is a global fiat money game and you see different countries where fiat money regimes are collapsing in real time, right? Facts. Argentina, you know, the countries like this or like Lebanon recently had a complete collapse or a central bank collapse. That's right. And inflation is definitely an indication that your fiat money regime is in dire straits and inflation is breaking out in a big way. It is not going to return to where it was before this latest inflation break inflation and the collapse of fiat money is here. Now people are feeling it right now. And the quality of life all over the world is being impacted by it and it's being impacted in the United States. You know, people can't buy a home. People can't afford food. The economy is starting to ramp back up again. So it's playing out right now. And there is nothing that can be done to stop this inflation because the economy is completely out of control. So even the interest on the debt in the United States is now over one trillion dollars. So I think it is the biggest line item on the budget, bigger than the military. What we were told for decades was, oh, you know, it's trickle down economics or what you have, what not. I mean, and he goes on to share with Bitcoin. It's kind of the end of price discovery because everything will be priced in Bitcoin preach. eventually Everything goes to zero against Bitcoin. And so for someone like myself, who has been following this for 40 years, finance markets, technology, Bitcoin is the holy grail. It is the end all. I would say my compatriot in all of this is the one and only Michael Saylor. When you hear Michael Saylor talk, he talks about the aesthetics of Bitcoin, the beauty of Bitcoin. And he speaks about it in a way that I think carries the torch from the Max and Stacey from 2011. He started buying it, I guess, when it was 10 or 12000 a coin or so in 2020 era. So we were from 2011 to 2020. I think he's kind of carried the torch from 2020 in a lot of ways and introduced Bitcoin to massive pools of capital. I am surprised that more companies haven't followed his lead, giving up the break in inflation we have had exactly as Michael Saylor predicted, the melting ice cube, as he called it at that time, is exactly what happened. Well, I guess we can say now we're in a new era where BlackRock and those other major institutions are now looking at Bitcoin. So his work on the institutional level, I guess, is now bearing fruit. Three years later, I see in the Middle East, they are starting to recognize Bitcoin. So that's a huge pool of capital. I think all of that oil money will find its way into Bitcoin and be a huge catalyst for the prices. It is a natural way for the oil industry to diversify their portfolio because Bitcoin is essentially energy and the energy eventually gets priced in Bitcoin. And there is a marriage between these two in a big way. So I think that's kind of the answer. I have always been fascinated by price discovery in markets and the architecture of how markets work under the hood. And Bitcoin is such a pristine, perfect money. And I think it is something that humans have been searching for since forever. And now we're seeing it change society on a really fundamental level with the introduction of Bitcoin. And a lot of people are freaking out because of it, because it destroys the status quo. And a lot of people who have been waiting for it to come along have had the faith that humanity can be saved. They see Bitcoin in those terms. So you have this split going on, which is very exciting. So it just continues on and on. And you cannot, how could you not be interested in it? I think the people who were into it earlier and just walked away just never got it from the beginning. Once it's characterized as an asset class, we have nothing to do except position ourselves in this asset class. Either we are going to be a small position or a big position, but we cannot ignore it. We cannot not have a position. Now check this out. So even 1 % of that multi -hundred trillion dollar funds available moves the needle on Bitcoin and it moves it up considerably. He's referencing the 700 trillion dollar plus total addressable market. And he continues, so if we get into the 5 to 10 % range, then you start to really see it raise ahead to the seven figure type predictions that people have been making, including myself, because Bitcoin is an asset class preach. And on the flip side, we have what we saw in the gold market, which is the ability to control the price discovery and manipulate the prices. It's real through the derivatives markets. So the price of gold has been lagging inflation for 20 years because the governments around the world don't like gold making their fiat money look bad. That's right. So they make it easy for the huge funds to manipulate the price of gold and to scalp it, to continuously skim profits off of gold, which is what they do almost every single day. You can watch it and see it. That's pretty clear. And they are very good at keeping the price of gold and silver down. There's something like for every ounce of silver, there's probably 50 ounces worth of derivatives floating in various exchanges around world that are used to keep the price of silver down because governments don't want gold to race ahead and draw capital out of their fiat money scam into gold. He's preaching. Now with Bitcoin, we have the ability to pull our private keys, which is not really available with gold. Technically people can take delivery of gold on these exchanges, but there has never been an organized attempt to do so. We tried to do it a few years ago with crash JP Morgan, buy gold and silver because after the 2008 financial crisis, when JP Morgan ended up buying Bear Stearns effectively for nothing, they inherited this huge multimillion short silver position that Bear Stearns was managing at the behest of presumably the government. The government likes to stay involved. And so I did some calculations and it became clear that if this short position was not covered, the price of silver could go to 60 to $70 an ounce, and it would bankrupt JP Morgan Chase. Take that Jamie Dimon. So we started this crash JP Morgan buy silver campaign, and we got the price of silver from $15 up to $50. So we got it up to $50 level. And then the Fed of course came in, they changed the laws overnight to make it possible for these banks to have and carry a much greater short position and silver. So they printed up a lot of paper, silver derivatives, and they stopped the run on their bank. And the price of silver went back down to $15 or so. So we've seen that it is possible to force capitulation in that silver market. But at the end of the day, because the ability to pull private keys is not like it is Bitcoin, I don't think it'll ever succeed. Whereas with Bitcoin, you can pull your private keys. Now, I mean, he is speaking facts right here. Warren Buffett and his own words has said, derivatives are financial weapons of mass destruction. The central bankers are using it to manipulate the markets. That's what they're doing with silver. That's what they're doing with gold and precious metals. And Max makes a great point. They don't want the gold and silver prices to rise up. It undermines the US dollar. They're trying to keep a strong dollar, right? So that's why gold has been pretty stable at like $2 ,000 and unable to really climb much above it. I think it's been pretty stagnant virtually for the past decade. So with the dollar inflating from them continuing to print trillions of dollars, the fact that gold isn't just continuously going up, it proves that the market is manipulated. You also got to consider as well, there is no scarce asset like Bitcoin. Bitcoin has a finite limited supply of 21 million coins. Yeah, gold may be rare or scarce, but they dump a new supply every year into the market. They can control it. They could invest more into discovering more gold. As Jack Mallers pointed out, Elon could maybe discover more gold on Mars. Who knows? Bitcoin, you can't say the same thing. Bitcoin is perfect money. It's incorruptible. It's unconfiscatable and the list goes on and on. So if you had the choice to put your wealth somewhere, what asset class would you choose to put it in? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Fresh update on "janet" discussed on Bloomberg Businessweek
"Actually know a few people if I look inward somebody just buying a house I know another couple looking at it and and some of it has to do with needs they're growing their family yeah they need to do it so if you need to yeah yeah yeah for people who maybe live in a city and they plan to be there for a while they would like to buy apartment an but they do the monthly math you or somebody else you're completely hypothetical person maybe completely hypothetical there's a lot of people timing the market right now did you guys see the B of data A of investors trimming cash and bonds to buy US equities yeah I saw that what did you think about well I the problem is I feel like the state is conflicting because then you look at the data we got yesterday on money market funds hitting another record so I don't know there's certainly a rotation going on but it's not kind of that big wholesale rotation that I think people want to see I just want to know who's going to the Jet game this weekend tell yourself yeah yeah what if she's not there so then and you pay all that money for a aren't you going girl you live right next to the metal lands yeah I live right next to it's like you know at my back door no I'm a fan by the way well yeah I mean it's good okay I know condolences first of all but yeah I mean it's good that are true that's good that we have New Jersey teams to root for it's good that we have New Jersey in Union the I'm just gonna say all right yeah hey Katie are you agreeing I agree all right where's that horse go home I don't know all right maybe somewhere in Weehawken he's not in Manhattan oh thank all get right home safely have a good weekend everybody tell her or no tell her and we will see you again just kick off the fourth quarter our cross -platform coverage Radio TV YouTube and of course Bloomberg Originals Beyond the Bell we'll see you on Monday Up the teacher is teaching the golden rule all right everybody we are going to talk about school a little bit and none of the third quarter is officially in the books everyone is thinking about the fourth quarter and one of the things that could help create a bit reality of a check for the world at large for investors for consumers and that is what happens when it comes to paying back the student loans absolutely I mean ? among all the companies that have brought this up but also more important did you know graduate students are taking on an outsized share of federal student loans in fact even 47 % of the total overall share of student loans went to graduate students and our Bloomberg News higher education finance reporter Janet Lauren has a great story on this so definitely read it but first listen to her here she joins us via zoom in New York City so Janet your story looks specifically at graduate graduate students who borrowed money what did you find out so graduate students are borrowing a lot of money in fact if you look at the annual disbursements who's borrowing they're almost they're set to borrow more than undergraduates and it sounds kind of crazy because there's a lot of people going to college and not as many people going to graduate school they're borrowing quite a lot of money and the reason is because undergrads are limited to roughly thirty thousand dollars of federal loans over four years but if you're going to graduate school you can borrow quite a lot up to the cost of attendance and in some cases you're talking eighty thousand or more per year and that also includes housing and living expenses so that's one reason and another reason is the interest rates this year if you're going to graduate school you would be taking out a grad plus loan with an interest rate that's over eight percent for the first time in a dozen years and grad plus loans accrue during college so you're taking out a lot of money and it's a lot more people are going to graduate school and taking these large amounts and it's accruing so so it's roughly half of the annual disbursements and education department economists are boring as it's set to eclipse undergraduate borrowing you know I just feel like it speaks to this bigger problem of cost of college the loans that are taken out and then ultimately Janet does it pay off in terms of the jobs they get we we we've seen all the studies about get a college education and you tend to do better when it comes to your income over time but having said that these graduate students who are taking on loans these do they ultimately get jobs that make financial sense so they pay it off pretty easily well it's a great question we know that college is viewed as a ticket to a better living but it's just not clear about graduate degrees it's first of all it's going to depend on the type of degree and where you're going to school if you're going to Harvard Law School or a top law school or a top MBA program or a you know engineering school chances are you'll have a better chance of getting a job to pay it top law but we spoke to some labor economists who looked at online resumes and online job postings and there's a lot more people with graduate degrees in their resumes and the job listings that looked for you know graduate degrees were really stagnating and the question is so you know what are the people who are employing you what are they valuing do they want to know you have skills or do they even care about a graduate well of course if you want to yeah oh go ahead no I was you you know I was thinking about my own career like it's like at one point I said to somebody should I go back and get a graduate degree I knew I was already doing journalism know I didn't I ultimately thought about it decided not to do it but Janet I don't know if you have the same experience well I did but I went right out of college it was a lot less expensive then well and another thing your story says too is that the costs for these degrees have gone way way up and so you have
Monitor Show 16:00 08-31-2023 16:00
"Here to date we do have the S &P 500 index up 17 % as we wrap up the trading month of August. To put that in context, NASDAQ up 34 .2 % and the NASDAQ 100 index higher by 41 .2 % year to date. The Dow by comparison up now by just about 4 .8 % in the year to date column. S &P 500 index at the bell closing lower down 0 .4 % tenure yield 4 .09 % we've got the 2 -year yielding 4 .86 % on the 2 -year and spot gold lower today by 0 .1 % in 1940. West Texas Intermedia crude up 2 .4 % 83 .56 % so again recapping a move lower as we wrap up the trading month of August. Next it is on to September we'll see in September with the S &P today down 7 points a drop there of 0 .2 % I'm Charlie Pellet and that is a Bloomberg Business Flash. All right Charlie thank you so much Charlie Pellet there back at Bloomberg headquarters in midtown Manhattan. I'm Carol Masler along with my co -host Tim Stanavick we're live at the US Open in Flushing Meadows New York on YouTube and Bloomberg Originals. Hey coming up in this hour we're going to talk a little bit about artificial intelligence you've heard of it right? You've heard of it yeah. The question is, is it about to replace my job? Listen we're going to talk to Noah Seiken over at IBM he's VP of sports and entertainment partnerships at IBM and yeah they're using AI to do commentary on some of the matches right working on it? Can they do the can they do the John McEnroe stuff though that's what I'm wondering. Nobody could be or maybe they could be I don't remember that deep thought remember the deep fake story? Yeah that's true. All right also coming up Bloomberg's Janet Lauren she's always at the US Open always keeping us up to date too and all things to have to do with the world and big money of higher education finance.
A highlight from ELON MUSK'S TWITTER X CRYPTO PAYMENTS LICENSE! CIRCLE USDC LATAM, GRAYSCALE SEC VICTORY COMMENTS!
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five -star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, I want to start off with big news around X, also known as Twitter. They have acquired a license that would allow them to integrate crypto payments. So Elon continues his push forward to build out X as this super payment social media app. And of course, it's going to include cryptocurrencies. And we know Elon, he understands crypto and blockchain. He understands payments, right? Man holds Bitcoin, Ethereum and Dogecoin. He said this, his companies have Bitcoin on their balance sheet. And we've seen that he's talked about integrating Doge as like the main crypto payment. But obviously it's going to be multiple currencies. And I had interviewed the CEO of eToro, which had partnered with X to integrate crypto and stock data. So Elon is moving forward and this is a big license. So here are some details. The Rhode Island currency transmitter license was approved to X on August 28th, according to the data displayed on NMLS. The license is required to provide virtual asset related services on behalf of users. So this is pretty cool. It will enable the social media platform to store, transfer and exchange digital assets for its massive user base. This is pretty big folks, and it comes as no surprise. Elon is moving full steam ahead. I'm sure he's looking to target some sort of launch as we enter the next bull market, right? 2024 to 2025. We'll see what the timing is, but we know for the most part, X is going to include crypto payments and crypto functionality and blockchain. To what degree? I'm not sure. We'll have to wait and see, but definitely bullish news because this platform is going to be used by millions of users. Now we got big news around Circle and USDC. So Jerry Miller, the CEO of Circle tweeted out the largest FinTech in Latin, which is in Latin America, Mercado Pago. Part of Mercado Libre is the Amazon of LATAM with 200 million users is rolling out support for USDC in key markets, starting with Chile momentum for USDC and digital dollars building around the world. This is very bullish for Circle and LATAM is a massive market. And we know a lot of folks want to use a US dollar stable coin for payments. And is USDC a big one, right? The second largest stable coin in the world behind Tether. So big move here by the folks at Circle and USDC. Jeremy continues. He said, we recently shared that approximately 70 % of our USDC adoption was non -US and a lot of that is driven by emerging markets. Latin American FinTechs will be a major driving force in the adoption of digital dollars. Here's our analysis. He provided a full link. So very bullish news, folks, and the token economy I've been talking about for years is being built right before our eyes, right? Everything running on the blockchain. You have cryptocurrencies, digital assets, stable coins, tokenization, CBDCs, and much more. Now, quick word from our sponsor, and that is Uphold, which is a great, great platform that I've been using since 2018. I've been buying a lot of crypto on here. It's easy to use this platform. They have a full website and app and much more. They have 10 plus million users, 250 plus cryptocurrencies, and they're available in 150 countries. They also offer precious metals and you can trade between cryptocurrencies and precious metals. So really cool. And if you'd like to learn more about Uphold, please visit the link in the description. Well, folks, earlier today I did a podcast talking about Grayscale's victory over the SEC. The SEC was trying to deny their Bitcoin spot ETF and the court said, no, we're not having that because the things you did were arbitrary and capricious. Now, one of the things here that was highlighted by the documenting Bitcoin Twitter handle is how many headlines from mainstream media covered this news. And it's all bullish. I mean, we're talking TechCrunch, CNBC, Fortune, ABC, Financial Times, Reuters, the Wall Street Journal, Bloomberg, CNN, and much more. And what I tweeted out regarding this, I said, you've lost the narrative, Gary Gensler, and the optics for you and the SEC are looking very bad. Time to resign. And I think, as I've said many times, optics is a big part of politics and there's a lot of Democrats that are already distancing themselves from Gary Gensler and I expect more too. This will also further push Congress to work together to pass crypto regulations. So I don't know what's going to happen over the next month if Gary is going to resign or what. He may be able to shake down small crypto companies, but he's losing the larger narrative, right? Yesterday, we talked about Impact Theory, NFT settlement with the SEC, but Impact Theory is a podcast. It's not some big company, market moving company or news, but this certainly is the court siding with Grayscale for a spot Bitcoin ETF. Now, something that's important, folks, even though the court sided with Grayscale, the SEC hasn't actually approved the Bitcoin spot ETF. And we have some folks weighing in on this, including Ripple CEO and Caitlin Long and many more. So let me share what they had to say. Caitlin Long said, still shocked at how much the Biden administration's hatred of anything crypto drove it to poor judgment, now boomeranging back on it in courts. Better to have worked with law abiding players. This was their choice. Courts curbing federal agencies power impacts far more than crypto. She's absolutely right. And you know, she mentioned it under the Biden administration because Gary Gensler is appointed by Biden and the Democrats, right? And we see that Janet Yellen and all these people have been anti -crypto. Caitlin's been fighting her own battle with the Fed and trying to get, you know, part be part of one of the Federal Reserve's registered banks. And she has a crypto bank, but we know the Fed has been stonewalling her, blocking her. And we know why, right? They were just trying to slow crypto down, you know, slow these startups down so that the stratifying comments can come in and take over.
Let's Celebrate the Celebrity Women Paying Child Support to Men
"Was reading something the other day And I was very happy to read About all these women Celebrity women that are now Having to pay child support And or alimony To their significant others Also, I want to give a shout out To my favorite soccer player He caught that hole He caught that hole Cash rules He caught that hole He caught his slippers I believe the soccer player forgot his name I think it's Steve Harvey No, Steve Harvey Well, no Steve Hardy is going to have to pay Yeah, he made too much But she got caught cheating Ain't she rich though? No, she's not on the grand scale She had money But she was dealing with drug dealers before Oh wow, okay, okay I thought she was somebody She's somebody to somebody So what I'm talking about There's this soccer player Who dated an older Supermodel or ex -supermodel Whoever the case may be, I forgot The whole situation But she basically tried to divorce him And asked for Half of his money basically Because he's like A multi -trillion -million dollar So Guess what His mama being smart And he being smart He put all his money in his mama's name So when it was time For them to go to the court And they asking for like Oh, I want this much and this much He like, I'm broke I don't got no money And she ended up having to pay Everything she had So half of everything she got Went to him and he's sitting pretty So That's what I'm talking about right there Nice move, nice Amen That's a nice move We're just gonna run off a couple of names Just a couple that's in that situation First off, we got Sherri Shepherd Give it up Let me show you Black female Celebrity, she's an actress She gotta pay her husband? Let's see We got Britney Spears Mary J. Blige She gotta pay her I love her I kind of love Mary I love Mary too Listen, Mary J. Blige is my wife right there I love Mary That's my celebrity cheat right there I can't clap for Mary I love Mary Listen, if I can get Mary pregnant And she gotta pay me child support Clap it up If I can get Mary pregnant If I can just get Mary pregnant That's what I want We got to basket The WNBA star Candace Parker She love her man for a woman Is that true? Oh good How you gonna leave a brother like that? She gotta pay him 400 grand That's all? WNBA Even though she's like the number one She's like the gear As far as like outside the NBA WNBA making money, she up there She's like There's still a little slap of 400 grand That's a good slap on the wrist 400 grand? Not if you don't got it like that She got it We got Halle Berry on the list No, I can't clap for her No, no Not Halle Berry Halle Berry She gonna pass? She gonna pass She too fine Why she gonna pass? Cause she's too fine How do you elaborate what he just said 10 times? She's just too fine There's nothing in the world that she can ask me to do that I wouldn't do to her She's just too fine She's just too fine Hey TJ, you can't be taller like that She is too fine Alright, Madonna Hell yeah, hell yeah I owe all that money Indeed I beg and care, Madonna One of the Spice Girls Mel B Whoever she is That's a 90's baby thing That's a 90's baby thing Eddie Murphy baby? I think so I think so I think she's gonna pay her ex Steven Belafonte Eddie Yo, cash out to me $5 ,000 a month in child support and $350 ,000 legal fees Damn She gotta pay a lot Million dollars in taxes and shit Your girl Janet Jackson has made the list I got him I got him Y 'all don't know what that means No, I know what that means You know what that means? Nope, but my time How old are you? I'm only 27 15 million 15 million A month or cash out? Cash out That works, I'll take the cash out Together 9 years, she gotta pay 15 million I love Janet, I can't clap for Janet Just a couple more Jennifer Lopez is on the list I guess she's paying I'll give her a pass So you guys are solely giving these women passes and not celebrating because they look good? There's certain things you just gotta be like it's understandable No, there's certain things you could just live with Alright, so If I keep on right now and holla be resilient All my anger, whatever I was bad about It's gone Open the door Jesus, you have given me a gift Thank you I don't even need to smash How you doing, thank you I'm about to eat I can't go McDonald's, Burger King, Taco Bell I'll take the pork out of the freezer right now I don't cook, but I'll cook that day What's wrong with you? That's different Ladies, we clapping I'm sorry, but this segment and this podcast today we're talking about women that gotta pay the terms have switched I mean, we're happy because, well, you know we've been getting it men been getting it for years getting fucked in the court system especially about the guy who went to jail for five years and found out the kid wasn't even his that got me tight and then she, what did she get? what kind of terms she get? smack on the wrist the judge yelled at
A highlight from Bitcoin Book Softwar BANNED! National Strategic Significance of BTC (Most Efficient Weapon? )
"Major Jason P. Lowry of the United States Space Force wrote this extremely dense book called Softwar, a novel theory on power projection and the national strategic significance of Bitcoin. And in an interview with Robert B. Love a couple months ago, Lowry said he wrote the book as a step -by -step guide for politicians, regulators, or anyone on how to win the argument that Bitcoin is a national security issue that needs to be addressed by the United States yesterday. He argues that this new technology is the next newt, and the fastest way to bypass all of the regulatory bureaucratic BS that is causing the U .S. to fall behind as the global and technological superpower in the world is to take the issue out of the hands of the likes of Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, SEC Chair Gary Gensler, who do not understand warfare by using this book to prove Bitcoin is a national security issue and catapulting it to the hands of the Department of Defense. Is Major Lowry onto something? Are other global powers already privy to this concept? Is that why Russia and China have recently pivoted and have become top Bitcoin hashers? Well, it's possible, because this book was printed and available to anyone around the world in February of 2023, and as of a few weeks ago, the Pentagon told Lowry to remove it from publication. Here's a tweet from Lowry on July 27th about the situation. For those asking what's going on with me, I was ordered to take Safwar down and asked to stop talking about the subject publicly. Doesn't appear on MIT's library either. Can't talk details, but things are good and I'm working hard behind the scenes. Appreciate the kind words. As some of you may know, I ordered the book when it first came out, and I've got a printed copy. So in this video, we are going to break down Lowry's thesis together about the national strategic significance of Bitcoin. So there are a few concepts we need to explore together to help us fully grasp the gravity of the theory. So let's start with physical security of scarce resources. Here on Earth, everything is in constant competition for scarce resources like food, territory, energy, shelter, a means to reproduce like a mate and similar, and every single thing alive in the world today succeeded at living and reproducing by using physical force or imposing a physical cost on predators, competitors, and any other living organism that was competing against them for food, territory, the ability to reproduce, etc. And to describe what imposing physical cost means, Lowry uses an equation where he explores the ROI or return on investment of attacking something and considers the ratio of the potential benefits or rewards from attacking something compared to the potential costs or downsides of attacking something. For example, what are the potential benefits versus costs of trying to harvest the scarce resource of honey from a beehive? Well, over time, bees have optimized themselves to reduce their vulnerability to attacks and to secure their food resources by imposing physical force on attackers by swarming and stinging them. And we can also imagine how this plays out across all of nature when considering most animals at the top of the food chain have pointy teeth, sharp talons, big claws, lots of muscles, strong bones, etc. All attributes that increase their ability to increase the costs or downsides of something that may try to attack it and increase their ability to secure scarce resources like food, territory, etc. Nice. Now with humans, the same concepts apply but play out in multiple domains in civilization due to our complexity, intelligence, psychology, physiology, and a myriad of factors. In those domains where we impose physical force against each other, on a global scale are land, water, air, outer space, and now, as Lowry points out, in his thesis, a new domain has emerged called cyberspace. So in each of these domains, to decrease our chances of being attacked, there must be a consequence. Otherwise, we wouldn't be able to maintain control and security over and access to valuable resources essential for survival like land, food, energy, natural resources, ports, etc. And as unfortunate as it may seem, warfare is the last resort to secure our resources if laws, policies, treaties, or agreements break down between different countries, civilizations, or similar. And we see it every day in nature. Lions don't negotiate terms with the gazelles when they are hungry, they just eat them. Snakes don't refer to contracts or similar between their prey, they just eat them. If a pack of wolves controls some territory and then another pack of wolves shows up, they don't have a civil conversation about where boundaries are or about sharing resources. They bark, growl, snarl, and ultimately, if it comes down to it, engage in warfare through physical force to try to secure their territory. So humans experience these same situations if we spend time developing irrigation and farmland, the only way we can secure it is by imposing a cost of attacking it with physical force. Throughout time, that has looked like spears, swords, arrows, and eventually guns and so forth. So the function of warfare is physical security over scarce resources to establish pecking order, settle disputes, and similar. Resources in life are scarce, so life has to fight for the limited resources to survive. However, over time, the form of warfare has changed. In modern society, we outsource warfare or physical security of force to the military, police forces, and similar. So while most of us do not participate in applying physical force to secure resources, war still wages on every day around the world. In the domain of land, we have armies that impose physical force on any attackers, or the armies impose physical force to try to secure land we may not currently control, depending on the cost and benefit ratio of attacking a particular area. In the domain of water, we have the navy that imposes a high cost of physical force on attackers like pirates to ensure our ports are secure and we can successfully trade across the ocean with other countries. In the domain of air, we have the air force that ensures we have access to this domain and that it is secure from potential attackers by guaranteeing a very high cost of attacking it with jets, missiles, drones, etc. In the more recent domain of space, we now have a space force that ensures we have access to space and can secure our resources by the threat of imposing physical force on anyone who tries to deny our access or threatens our resources. So at the end of the day, handshakes, policies, agreements, etc. are not enough to ensure we have freedom of access to our land, water, air, and space because, as we've discussed, there needs to be physical cost and a threat of physical force to protect ourselves from attackers. This is how civilization works and even though warfare sucks, a key benefit to warfare is it ensures decentralization of control over resources where no one centralized person, entity, country, or government has control over all of the land on earth, all of the rivers, seas, and oceans on earth, over all of the air space and outer space, and when or if a Hitler or similar tries to gain more power over any domain like land, it becomes extremely expensive and energy and resource intensive for them. Warfare is also a way to escape oppression and that if something starts to oppress you, warfare is how you prevent and escape from it. Cool. Now what happens when civilizations expand its footprint into the new emerging 5th domain of cyberspace? And what role does bitcoin play as potentially the most efficient weapon ever built that doesn't kill or physically harm anything? Hello, I'm Crypto Casey and in this video we are going to explore major Jason P. Lowry's theory on the strategic significance of bitcoin. Let's hit it.
A highlight from 111: Part 2: Trooper Branson Perry Has a Standoff You Wont Believe
"I've got that. I've actually got that pulled up here on the screen. We show that at every presentation, especially law enforcement because you're the people that did not choose to do nothing. You chose to make a difference. And, and you know, and, and I'm going to get on my soap box and our listeners have heard this before, but to me becoming a public servant is a badge of honor because you have chosen a career in which you're serving the public. You're not serving yourself. And we do have a few bad apples that get involved in that. And Morgan and I make this plane on every podcast we do. Nobody hates a bad cop more than a good cop. But you know, where's that, where that badge is a badge of honor because everybody else is out there is out for themselves. You know, it's out for them and their families. But here in the military and first responders, whatever it might be, that where you're serving the public, God bless you, man. That is a true calling. You know, the Bible says blessed are the peacemakers. So they should, they should be called the children of God. So I'm real proud of what they did. Well, since we're throwing out sayings, my other favorite one is people sleep peacefully in their bed at night because rough men and now women stand ready to do violence on their behalf. And I'll tell you what I know, I'm telling you, I'm a better person just to be in the room with some of these people. I know some of those people and I'm telling you right now, we are, we are safer because we got them. And I'm not, I mean, I go out and do my thing in my little realm, you know, but I tell you, I know some, some, some cops that, that are just absolutely heroes and they go out and just get it and, and they go hunt down, get her done bad, bad man now. And I'll tell you, we, we, we've got to have those people, you know, yep. Yeah. A lot of those people we've had on game of crimes. I mean, we have a roster of all my favorite one is, is our, is our Arkansas fishing game guy. I saw him in person. What a great story. Y 'all did great with that one. You know, well, I had the chance to award Mike. When I first met him was at the ICP conference, the international association chief of police, him and another guy were getting police officer of the year. And I had the chance to do that award for him with that time, the secretary of DHS, Janet Napolitano and the chief, him and I had a long discussion and then we brought them on. And you're right. I mean, you get people like that. It's like here's a guy who drove 50 miles, had to fill up with gas and because he filled up with gas, that's what put him in the place, you know, to be able to do whatever he needed to do. That was a great story. And that, you know, Brandon powder, that really hit close to home, that whole deal, not too far from, you know, where we're at. And that was a tragedy, you know, so. Well, let's talk about you now. Let's, let's, let's finish up with, we see that you've got the Oklahoma Bureau of Narcotics.
Monitor Show 12:00 08-10-2023 12:00
"The product I'm buying was treated better than the average product. And I don't think you can even have that argument when you're talking about a lot of these things. You know, so you just gotta, I don't know, you just gotta go there. Pork bellies, BLTs, all that kind of good stuff. Keep an eye on the price of bacon. S &P 500 up about four tenths of one percent. Holding on to some of the gains we saw earlier on the back of the CPI print this morning. We're going to have more coming up. This is Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Markets with Paul Sweeney and Matt Miller. We got a lot of green on the screen here, but the volume is light. We constantly underestimate the strength of the U .S. consumer. This is a market that's much more optimistic or bullish than maybe its central bankers are. Breaking market news and insight from Bloomberg experts. There's still some concern out there in the market that there is room for things to deteriorate a little bit more than what they're indicating. As small and medium -sized businesses struggle, they don't present as much competition. The supply chain has still got dislocations globally and here in the U .S. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. All right, coming up in this hour, we're going to take a look at the endowments of some of these big universities. They're starting to report their returns for the latest fiscal year. Janet Lauren, higher ed reporter with Bloomberg News, will join us in the studio, so that's good. Jeffrey Cleveland, principal and chief economist at Paden and Riegel. He's going to join the program, talk about that CPI print we got this morning, what it means for the Fed. And then Ian Whitaker, managing director and owner at Liberty Sky Advisors. He's over in London, one of the smarter voices in the media space that I know. He's going to join us, give us his thoughts on what's happening with Disney and some of these other big media companies as I guess we all stream more and spend less time.
A highlight from XRP New HUGE Partnership! (ETH Domination Heating Up)
"We are right here in the Bahamas. We are going to make it right. If you can't be a millionaire, would you keep working? The commander is here. What's going on right now? Is California trying to figure out? Don't beat me. Don't make that pop in your butt. Yeah. Oh, I can. Bad news, guys. I just got— Can we do a different background color somewhere in a blue shirt? I don't— And I'm drinking a blue drink. Nobody can see me. Fine. Purple. Purple? Purple? Green? I mean, we're having a good day. Green is good. Green. Let's do it. Let's do it. Okay. That's the show prep you guys miss out on. Guys, what would a big boy crypto, home of the big boy, the largest and greatest crypto community in all of the Interwebs? No channel works harder to keep you in the know about crypto. Someone says, Richard Hart, wannabe boy? Excuse me. Excuse me. I do not have a Burberry bonnet. Do not have a Burberry bonnet. Yet. Yet. It's on the way. We love Burberry. We love bonnets. I can't believe it's not butter. Okay, so, what am I talking about? My name is Bill. We come to you live every single day at 1130 a .m. Eastern Standard Time. Didn't even—big announcement. Didn't even need anybody to do the intro for me. I was here on time. I was ready though. You were ready. Tim boy crypto is always ready. I call him Tiny Tim Crypto. Tiny Tim Crypto. Tiny Tim Crypto. Yeah. Tiny Tim Crypto. So, guys, the purple looked better. People are asking for the purple? Oh, no, it's because it's saying salon. Oh, royalty. Let's go back to purple. They think I'm the king. They tell me I'm the king. Look at that, guys. I'm the king. Here we are. Guys, don't forget to smash that like button. Number one thing you can do as a member of the BitSquad, if you're in BitNation, make sure to smash it. Look at that. Do we put different shirts on this guy all the time? That's smart. I just noticed that today. What about on my monkey? Does he get a different shirt? Yeah, again, if you change the color of the shirt, we're like Madonna. Because, you know, do you know about Madonna? About her bored ape? Do you not know about it? I did not know she did. Do you know about it, Drew? Yes. Okay. Yes. Okay. First of all, what is this doing up here? Mmm. Johnny. The cats are in the office, so. Johnny, hide your trash. Hide your trash. Johnny, come up here and get your trash. Unbelievable. Get your trash, Johnny. Thank you, Johnny. Thank you. God. Monkeys? Okay. Mice? No good. We'll see. We definitely should have put a poll up. How many of you guys, when you use a computer, prefer the trackpad using Apple or a mouse? It's not a reliable poll, because a lot of people are dumb. Trackpad is far superior. When you understand how to use this, like a pro, you cannot do better. You cannot do better. Oh, here. You can't do better than a trackpad when you know how to use it. And when you don't know how to use it, when you're low IQ, you like a mouse. I get it. Technical analysis is borderline impossible using a trackpad. Absolutely not. High level. High level technical. Absolutely not. Kelly, what are your thoughts? Trackpad, mouse, TA. Mouth only. I'm telling you. These people are monsters. They're monsters. They're monsters. That's why I call them Tiny Tim. And that's why, well, Kelly's over there. I don't even call Kelly anything because he's just Kelly. Like I don't even, you know, he's irrelevant to me at this point. No, we love Kelly. He's coming on the show later. So I gotta be nice to him. Hey. What's the poll? Everybody's saying mouse, right click it? Yeah. Guys, it's because you're just not experts with a trackpad. When you understand the expertise of the trackpad, you will definitely move over to it. Now, what were we talking about? Bro, try playing counter. Okay, gaming, I get. I understand gaming. I understand gaming. I will give you that. What were we talking about? I lost my train of thought. Madonna. Madonna. Madonna. We love talking about Madonna. Madonna, thank you. We love talking about Madonna. Madonna Borde. This is so stupid what she did. It's so unbelievably dumb. Okay, so. You remember that NFT video? Oh, I do remember that. Not flashbacks. Let's not show that. Okay. That was terrifying. Yeah. Okay. Here it was. Wait. This is it, I think. I think that's it. Let me click images. Hmm. It's this one. Here it is. Okay, so. Here is the actual. I think this is the actual ape right here. Okay? Do you guys see it? This is the actual ape. Now, you can't really see it. Oh, here we go. You see it right here. Now, notice a couple things about it. Cigarette and background. She changed it. She literally changed her NFT. She got rid of the cigarette because it promotes smoking, and she changed the background. And this is what she put out. Madonna. It's just a scared monkey now. Madonna, that's not your NFT. That's not your NFT. That's not it. You can't change the characteristics of your NFT, and it'll still be the original NFT. Now, you can brand it, and then you could do stuff with the branding of your monkey, but that's not your NFT. I'm sorry, Madonna. I guess when it comes to these NFTs, she's like a virgin. What can I say? Don't cry for me. Don't cry for me. Okay. I can. She needs help. She needs help. Madonna. Madonna needs help. You know, she needs help. We got to say a little prayer. A little prayer. A little prayer for Madonna. It's another Madonna song. I don't know that much about Madonna. Well, it's because you're not like into like worldly things. You're not into worldly things. It's true. You're not a material girl, Tim. I'm not. There we go. Okay. Boom. That was a good one. You got a bit. That was good. That was good. That was good. Where do I come up with this stuff? I don't know. I guess I just, it's because I'm fashionable. I'm in Vogue. Okay. You just can't stop. Guys, I'm a secret. I'm a closet Madonna fan. I'm a closet Madonna fan. Like, I'm not going to rock Madonna on the radio when I'm driving around in the Lambo, but only because I'd be embarrassed. That's fine. I do love Madonna. I'll tell you this. My favorite halftime show of all time next to obviously the number one of all time, nothing touches it. Anybody know what it is? No. Dr. Dre, Snoop, and Eminem. Okay. That, yeah. A lot of people like Prince. A lot of people like Prince. The Prince one goes over there too, but like, I was, Prince, like, you know, purple rain, purple rain, purple rain, because I could have been a singer. Yeah. This purple inspired me. A lot of people like the Prince one, but my favorite halftime show ever was the Madonna one. I really loved the Madonna one. Actually. I really did like it. It was great. The Who. I don't know about the Who. I don't know about the Who. Let's see what other people. Don't Cry For Me Argentina. Yeah. I really liked that one. That wardrobe malfunction one was fun. Oh, the JT and Janet. Was that planned? It was planned, obviously. Obviously it was planned. She had a thing on. Yeah. Obviously it was planned. It was intense. Oh. Hey, my wife is here. Hang on. Hon, Ria is here. That's Ria. Ria's here. I just made an introduction from behind the camera, in front of the camera. It was amazing. Okay. All right. So, guys, let's get going on the show. Should we do the show today? We should do some form of a show. But before we do the show, if that buzzer ever stops working, I need one from my desk too. Okay. Can we get a new one? Probably. Where's my guy who made that one? A lot of people like Bruno Mars. Bruno Mars one was okay. Pregnant Rihanna. Not because she was pregnant, but I'm just not a Rihanna fan. I've never really been in love with Rihanna. I don't know why people are so. It's a strange show. Yeah. People like Snoop Cat. Snoop Cat. Snoop Cat? You do halftime show after 9 -11. What was that? Was it Bruce Springsteen probably or something? I don't remember that one. I'll look it up. Shakira. Shakira was pretty good. I like Shakira. I think the worst one was probably where they had Britney Spears, NSYNC, I think Aerosmith may have been involved in there. They had like Nelly was there. They liked too much. It was too much one year. Looks like U2 did the one after 9 -11. U2. Okay. U2. Well, I don't like U2. Okay. I've been in a few Super Bowls. So I saw the Snoop one. I was there for that one. And then how many Super Bowls have I been to? Two? Or no, I've been to three because I went to the one I forgot about, Falcon Super Bowl. Lady Gaga was a halftime show of that. So that's a great question, TC. That's a great question. I don't know what to do about that. I don't know what to do about that. Well, I think we were going to go to Berlin and say, we need to talk about this today. We're going to talk about all this today. Okay. People are asking. People are wanting me to come to Germany. Finally, The Rock has come back to Germany. The other one I saw was The Weeknd, The Weeknd, which the halftime show, The Weeknd halftime show was meh. The real life concert of The Weeknd was awesome. So there we go. Win Winnipeg? You want to do this, Winnipeg? Winnipeg, you want to do this? Winnipeg, do you want to do this right now? Look, Winnipeg. People in Winnipeg are great. Love Winnipeg people. Love, love people from Winnipeg. So great. Y 'all stole our freaking hockey team. I'm sorry. I'm not coming. Y 'all stole our hockey team. And what have you done with it? What have you done with it, Winnipeg? Yeah. Y 'all got Winnipeg. We got Winnipeg. Here. That's how it felt. You took our team. Did the Atlanta team move to Winnipeg? Yeah. Yeah, yeah, yeah. Several years ago. You know what killed our hockey team was Danny Heatley. Danny Heatley was on the cover of NHL like 2001, whatever year it was. He was supposed to be the greatest hockey, the next Wayne Gretzky, and he came here, and he came here in Atlanta. He was a rookie, I think, or a second year maybe, and he was drunk, driving I believe it was a Ferrari and crashed and killed the guy in the passenger seat, which was another guy on the hockey team, and then we had to ship him out of here. So that was the beginning of the downfall of Atlanta. Very sad story. And, no, we had the Flames earlier in the 70s. I wouldn't lie for that. I don't know. But we love the Thrashers. Thrashers were great. But we miss them. Cobalt Chuck, you stole him from us. Saints Falcons meet up in New Orleans. We'll see. I like going to New Orleans. So, here's, here, we made this incredible video, incredible video. Where is it? Here it is. Well, let's go to the, let's go to videos here.
A highlight from Bitcoin to Hit $100k BEFORE Halving in Q2 2024? (Why its Possible! ) Crypto News this Week!
"Just in. SEC Chair Gary Gensler pivots agency's attention to AI. We can get to crypto later. The SEC Chair called AI the most transformative technology of this generation and stressed the need to prepare for its influence on financial markets. Wow, how did we go from this to we can get to crypto later? Is it because Gensler is on a crusade to protect and defend retail investors like you and I? Or is it because last month a federal judge in the SEC lawsuits against Ripple and Terraform said he overstepped his authority by trying to regulate the sector? Or is it because the largest asset manager in the world, BlackRock, is now bullish on crypto? Let me know what you think in the comments below. Either way, the SEC now looking the other way, and in light of Ripple winning a battle in the ongoing war versus the SEC, Coinbase asks US federal judge to dismiss SEC's lawsuit. Coinbase leaned on the recent Ripple matter in Friday's filing, noting the SEC's lawsuit hinges on the type of transactions that the judge deemed outside of the regulator's jurisdiction. Nice. So while Gensler puts crypto on the back burner and instead embarks on a mission to protect us from artificial intelligence and the financial markets, the people US regulatory agencies claim to fight for us Americans are battling banks after accounts are frozen. Access to hard earned cash is denied. According to a new report from CBS News, a rash of banking customers are reaching out and detailing months and sometimes years long battles to gain access to their own money. Once the major news outlet gets involved and begins to report on a particular claim, the dispute is often instantly resolved. Crazy how these banks and big corporations only care about the people who give them money when they are put on blast in the media. And if frozen and denial of access to our money, property and freedom at large by banks isn't alarming enough. Also this week, customers report missing deposits from Wells Fargo bank accounts. Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct deposits had disappeared from their bank accounts. On Thursday, a torrent of customers contacted Wells Fargo on Twitter, now officially branded as X, claiming they could not access money that they deposited into the bank. One person tweeted that he had been hit with an overdraft fee after money went missing from his account. Wells Fargo, this is the second largest bank in the US. The bank has also been plagued by scandal in recent years. The company settled with the Consumer Financial Protection Bureau in December, agreeing to pay customers $2 billion and a record $1 .7 billion fine for widespread mismanagement over multiple years that harmed over 16 million consumer accounts. Since then, the bank has also admitted to several other scandals, including in its auto loan business and mortgage business. The bank wrongfully repossessed some borrowers' vehicles, improperly charged fees and interest, and failed to refund certain fees, regulators say. Wells Fargo also improperly denied thousands of mortgage loan modifications, causing some customers to lose their homes in wrongful foreclosures, according to US regulators. People are losing their cars, their homes, their money from lack of access and improper fees and interest that are never refunded, while regulators squabble over whether certain cryptos are securities and now over AI that can manipulate financial markets. Now, would you rather regulators protect your cars, homes and actual hard -earned money in your bank accounts or focus on determining which cryptos are securities and trying and likely failing miserably at preventing AI from manipulating financial markets? Let me know in the comments below. In light of all this, is it any wonder that $262 billion in deposits, exits, JP Morgan, Wells Fargo, Bank of America and Citi in one year as government reveals collapse of another US bank? America's biggest banks are witnessing a contraction of consumer deposits as another regional bank is forced to close its doors. The Federal Deposit Insurance Corporation, FDIC, says Heartland Tri -State Bank of Elkhart, Kansas failed on July 28. The collapse comes as a new report reveals the amount of cash that customers have taken out of the four largest banks in the US. So, what are people doing with their cash? What is the latest with the US dollar? What is the latest with crypto? Is there a compelling case for Bitcoin to reach $100 ,000 by the halving in April of 2024? Hello, I'm Crypto Casey and welcome to another episode of Crypto This Week. Let's take a look at the global news stories in the state of the current macro environment. Please be sure to check out our sponsors Kraken, Masterworks, and Tandrum All In. Hit the crypto gym and learn how to use Kraken Pro's latest advanced trading platform to take advantage of this once -in -a -lifetime opportunity as an early crypto adopter before the next bull cycle. Diversify your investment portfolio with the time -tested uncorrelated asset class of FineArt with Masterworks Platform and invest in your very own cold storage hardware wallet like Tandrum Wallet. It's the size of a credit card, multi -currency, multi -chain, it's by far the easiest crypto wallet to set up and use on the market right now. Tandrum is swamped, backed up for a few weeks, so pre -order one to get your spot in line for the next batch of wallets. Scroll down and use links below to access the correct and official sites as well as redeem any special offers they have for us. Sweet. This week, the US lost its AAA credit rating and the White House is just pointing fingers. For the second time in its history, the United States saw its AAA rating on long -term debt downgraded by a credit rating firm. Fitch Ratings said the downgrade of the US, which is now rated AA +, reflects the expected fiscal deterioration over the next three years, a high and growing general government debt burden, and the erosion of governance relative to AA - and AAA -rated peers over the last two decades that has manifested in repeated debt limit standoffs and last -minute resolutions. The federal government is now shelling out an unprecedented amount of money to pay interest on its debt. $476 billion in 2022, an increase of 35 % from the previous year. The nonpartisan Peter G. Peterson Foundation says Americans are likely to spend $9 trillion in interest on the debt over the next decade, making it perhaps the single largest federal expenditure in the coming years and crowding out other programs. Meanwhile, Democrats are blaming Republicans, Republicans are blaming Democrats, the US Treasury Secretary Janet Yellen is calling the Fitch Ratings decision flawed and unwarranted. And all of this is just an example of politicians' highest and best use, recklessly spending other people's money, our money, recklessly printing more money to give to themselves and their corporate cronies, and then blaming the other parties for problems and one big act of fiction to spin the illusion that the US is a two -party system when it's actually just a one -party system, the business party. Republicans, Democrats, it doesn't matter, they're all in on it and they carry on this ruse to keep us distracted, divided, dumb, numb, and poor, nice. So just to quickly explore why a downgrade in our US government bonds is bad, basically one of the main ways we pay interest on existing debt is by issuing more debt in the form of bonds. And we are already seeing countries around the world ditch the US dollar, so the last thing the government wants is our credit rating to continue to decline because less countries would choose to buy more government bonds, which we need to pay interest on our current debt. And like we explored in a video a month or so ago, countries had already stopped buying US bonds to the point where the Fed jumped in and started buying bonds. So we are already in this weird Ponzi scheme circle jerk situation where the US Treasury is issuing bonds and the Federal Reserve is one of the main purchasers of the bonds. Absolute insanity and it's not sustainable. And most people probably don't even know that in June, the national debt hit 32 trillion dollars. If you find this strange because it feels like only yesterday that the national debt was 20 trillion, you can be forgiven. It practically was. It was in 2017 that the national debt hit 20 trillion. You read that correctly. The US government racked up an astonishing 12 trillion dollars in 6 years. Sadly, this spending frenzy will have serious consequences for the future of our children and grandchildren and other countries see the writing on the wall. As this week, Brazil, Russia, India, China and South Africa bricks to settle global trade in local currency ditching the US dollar. Also this week, the president of Brazil said, quote, Everyone knows that I defend the idea that we have our own currency to trade between countries. I've said publicly, why does Brazil need the dollar to trade with China? We can do it in our own currency. Why does Brazil need the dollar to trade with Argentina? And in a few weeks from August 2nd through the 24th, BRICS along with 20 other countries are going to a summit in South Africa to discuss ditching the dollar as the global reserve currency. And here's the deal. What's important to understand is that in addition to the fact that almost 80 % of all US dollars that currently exist were printed in just the last few years, over 60 % of all US dollars in circulation are actually outside of the US around the world. So keeping in mind, the more dollars that exist, the less valuable they are, the less goods and services we can buy with them. Imagine when countries stop using the dollar, and all that money outside of the country starts coming back here and exists here domestically, that in addition to countries dropping the US dollar for trading could cause a serious hyperinflation problem for us, where US dollars rapidly devalue, and everything becomes extremely expensive, especially things that we import, which we import way more than we export bears for the US dollar, while likely bullish for Bitcoin, crypto and other types of assets that limit our exposure to currency devaluation. And interestingly enough, Bitcoin has been more stable than gold and stocks, violent price action could ensue violent to the downside or upside. Well, there is a case to be made for the possibility of Bitcoin hitting $100 ,000 before the halving in April of 2024. Let's explore why. KPMG, one of the top four largest accounting firms in the world acknowledges the positive impacts Bitcoin can have on the environment. And here's why. Bitcoin mining can happen anywhere around the world where there is electricity. So a primary driver of where mining occurs has to do with how much electricity costs. Wherever there is cheap electricity, Bitcoin mining will gravitate to, and right now the cheapest form of energy is called waste energy. Energy that is produced but not consumed. Waste energy is energy that cannot be distributed or cannot be used in a cost -effective manner because it's remote. Things like off -flaring of gas, hydro that exceeds local demand and other forms of renewable energy that exceed local demand and do not have distribution mechanisms. So whether it's hydroelectric, solar or wind, all of those forms of energy tend to have a mismatch between where the energy is produced and where it's consumed. And there are situations when energy isn't used, it's wasted. So for example, if Bitcoin miners linked up to a solar panel that is overproducing energy that isn't being used actually subsidizes solar panels and solar energy. So Bitcoin actually subsidizes renewable energy. And it's decentralized nature where no one person, corporation, government or entity controls the network, Bitcoin can be an ESG driver. Cool. Let's check out some other bullish news. Bitcoin OG bets surprising sum on Bitcoin hitting $100 ,000 before the halving. Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of its next year's halving event. And as we discussed last week, BlackRock is also extremely bullish on Bitcoin, which has a lot of people extremely bullish as well. Galaxy Digital CEO Mike Novogratz says Larry Fink's Bitcoin support is game -changing. BlackRock CEO Larry Fink's recent endorsement of Bitcoin is the number one reason to be bullish on the asset right now, according to Galaxy Digital CEO Mike Novogratz. The most important thing that happened this year in Bitcoin is Larry Fink, Novogratz said in an interview with Bloomberg last week. The investment managers support caught investors by surprise last month after BlackRock filed to launch a Bitcoin spot ETF, an investment product yet to hit the U .S. market. And what's interesting to keep in mind as crypto investors is a BlackRock Bitcoin ETF wouldn't be possible without Bitcoin miners. With institutions like BlackRock Fidelity and ARK Investments all seeking SEC approval for Bitcoin ETFs, it's time to thank Bitcoin miners for laying the groundwork for industry expansion. But a spot Bitcoin ETF also raises the uncomfortable prospect of outflows in capital from mining stocks to Wall Street financial products, wherein banks enter a more favorable regulatory climate and benefit enormously from operating expense ratio, OER fees, built into the ETFs. As highlighted in an op -ed for CoinDesk this spring, miners will meanwhile face a lower margin environment with the halving of it next year, set to reduce the amount of mineable Bitcoin by 50 percent. So another interesting thing to keep in mind is that BlackRock is invested in the biggest Bitcoin mining company called Core Scientific to help it survive through a bankruptcy. And just this week, Core Scientific appoints Adam Sullivan as CEO amid restructuring process. The company claims to have seen a boost in liquidity in recent months and is expected to emerge from bankruptcy proceedings by the end of the year. And keeping all of these interesting things in mind, this is why a compelling case exists for a 100k Bitcoin before the halving. Bitcoin miners need Bitcoin price over $98 ,000 by the halving. To avoid being in the red, publicly listed Bitcoin mining companies will need the Bitcoin price to be at least $98 ,000 by the 2024 halving. So, do you think BlackRock, the largest asset manager in the world, and their efforts to launch a spot ETF, their investment in Core Scientific Bitcoin mining company, the recommendation for 84 % of investment portfolios to consist of Bitcoin, among other things, could cause some insane price action to the upside where Bitcoin reaches 100k before the halving? Let me know what you think in the comments below. funds can be accessed if the company shut down for any reason, and instead of a seed phrase backup copies of the wallet are created on other tangent cards that we encrypt with our own unique access codes. Also note the pricing for this cryptocurrency hardware device is much cheaper and more affordable than other ones with free shipping and an option to pay in crypto, which is a plus for any beginners just getting started or anyone who is looking to onboard friends and family into crypto with a simple, easy to use, secure, self custody wallet. So scroll down and use links below to access Tangents correct and official site as well as redeem any special offers they have for us. Awesome. If you would like to watch a guide for beginners about what the Bitcoin halving event is and how it has affected the price historically, check out this video. If you would like to have that eureka moment about how Bitcoin works and how it can help us maintain complete control over some of our wealth, check out this video and to get your very own tangent wallet, click on the link on the screen. Like and subscribe for more. Be safe out there.
A highlight from Behind Closed Vaults (The PREDATORY Nature Of Mega Banks)
"The best time to get a great deal on a Jeep SUV is now during the Summer of Jeep event. Visit jeep .com or your local Jeep brand dealer to find the perfect Jeep SUV for you. Hurry in and make this the Summer of Jeep. Right now during the Summer of Jeep, purchasing at 10 % below MSRP on the 2023 Jeep Compass Limited 4x4 or Renegade Latitude 4x4. Not compatible with lease offers or with any other consumer incentive offers. Contact dealer for details. Residency restrictions apply. Take retail delivery by 731 -23. Jeep is a registered trademark. Doesn't it seem to you that banking is becoming progressively worse and it's really happened in the last few years? Well, it's because it has. And this is just the beginning. Do you know how they say the larger banks are too big to fail? Well, unfortunately, for small town USA, the regional banks are too small to succeed. All of the money is systematically leaving smaller regional banks. It's going to larger ones, and it's all by design. This is the beginning of a seismic shift for the future of the banking sector, and it's time to take a dive into the mega bank monopoly. Let's get it! Welcome to BitBoy Crypto! My name is Ben. In this video, we're going to zoom in on the idea that our own government is encouraging the largest banks in America to engulf the smaller banks in a coordinated effort to centralize control. Understand that in today's financial climate, being a smaller bank is like bringing a slingshot to a shootout. We all know that money is power, and if my journey in crypto and politics has taught me anything, it's that America cares about one thing, having control. If you think things got bad in the last 20 years, just think about how much more control they'll have 20 years from now. And narrowing down who gets to control all the money is a great place to start. Now, before we get down into the nitty gritty, I want to keep it real with you. It's complicated as all this is about to get. I want to start off with a very basic concept so you can see firsthand how bad the situation already is. Let's take a quick look at this chart of the largest banks in the US. Does anything about this chart seem suspicious to you? Does anything seem wrong here? Look at the drastic difference between the big four and everyone else. Now, I can prove my point with just this chart. It's no secret who the big four banks are in the United States. JP Mortgage Ace, Bank of America, Citibank and Wells Fargo. And Wells Fargo has over a trillion dollars more than US Bank who's in fifth place. These four banks are the main players in the game, and it's most likely going to stay that way because these banks are the main benefactor and the dilemma our own government created. You should know that all of these banks are defined as GSIBs, or Globally Systematically Important Banks. Basically, they're held to a higher standard because of the risk they pose to the system if they were to fail. They get special treatment to avoid another terrible ending to a nonfiction movie. Alternatively, now that things have worsened for smaller regional banks, the Biden administration wants to change small bank standards so they have similar liquidity requirements to the larger ones. This tougher standard gives the smaller banks less wiggle room. When you pair this with high inflation and higher interest, what you'll eventually get is a seismic shift in the banking world because that standard is unattainable for more banks than you would think, and they're going to reach a point where the only way out is to consolidate. This concept is just the tip of the iceberg. Now, remember that first chart? Now, look at this one. This is a chart of deposits by bank size. How in the world are the small banks going to be competitive when they're getting outperformed this badly? It's like a high school team having to play, I don't know, the Georgia Bulldogs or maybe like another college team having to play the Georgia Bulldogs. They're that good. Believe me when I tell you though, banking is Darwinism at its finest. It's survival of the fittest. So, what do large fund investors think about this from an investment standpoint? We'll just ask Bill Negrin from Oakmark. Watch this. At Oakmark, our view has been that the largest banks have a strong competitive advantage versus smaller banks, and that the natural tendency is for the number of banks to shrink and the big to get bigger. They just have advantages when it comes to regulatory requirements, meeting regulatory requirements, mobilization, fraud control. If you're 10 times as big as somebody else, those costs aren't 10 times as large. Now, I want you to ask yourself, would investors on this scale waste their time investing in smaller banks? Of course not. Why would they? He said it himself. The number of banks is going to shrink, and the mega banks will keep adding zeros. To be fair, the US has more banks than all the other G7 countries combined. So, of course, there will be some consolidation, but when and where will it end? The problem is the standards of banking are what caused all the recent bank failures, and those same standards are preventing the smaller banks from getting larger. It's a double -edged sword. And there's no incentive for the government to find a middle ground. What do you think our government would rather do? Help the little man or continue co -signing to consolidation's decentralized control? I feel like you already know that answer. Now, I'm not exaggerating when I say that these banks are light years ahead of their competitors, and they really are too big to fail. Think of the enormity of advantage the big four has over the rest of the game. It's like playing Monopoly against the banker. They always roll doubles and don't play free parking. Instead, landing on Boardwalk and paying luxury tax out the wazoo. Now, why don't you play along with us and become a member of the BitSquad? Be sure to subscribe, smash that like button and ring the bell for notifications. Also, big thanks to Stake for sponsoring this video. They're our No. 1 sponsor. Check out bitboycrypto .com slash stake. Okay, let's look at the banking failures in recent history. You know, Silvergate, First Republic, Silicon Valley. And now look at that through the lens of how small businesses were forced to shut their doors because they couldn't compete with Walmart. It's the same thing. Look at it through the lens of cell phone companies. Yeah, there are smaller ones out there, but let's be honest. The majority go with either Verizon, T -Mobile or AT &T. It's not supposed to get boiled down to three like cell phones. It's for advantageous your everyday American to have multiple banking options because it forces the banks to be competitive with each other and actually have customer service. Stifling that competition leads to higher rates and less choices for customers, not to mention it sets the standard for anti -capitalism. It will also hinder innovation because smaller banks are more likely to offer innovative products and services to stand out in the crowd. With less banks to choose from, you won't be able to take your money and go down the street, shop for a better rate on a car loan. Unethical banking practices will only get worse because where are you going to go? Who are you going to go to? Do you think the bigger banks have any sense of sportsmanship for the smaller banks? Absolutely not. They don't want competition. This is a win for them. They want to crush them. It's all greed. Back before the sell -offs, the mega banks circled over Silicon Valley and First Republic like vultures. Did you know that JP Morgan's profits in Q2 this year jumped 67 %? Why? Because they bought out First Republic Bank, and in the process, they kept as many of their customers as they could, and not to mention interest rates are higher. One bank loss is another bank's gain. According to the Wall Street Journal, the 25 biggest US banks gained $120 billion in deposits in the days after Silicon Valley Bank collapsed. All the banks below that level lost $108 billion over the same time span. Some people like Jamie Dimon will tell you the worst is over. He's wrong. It's yet to come. Think about this. If the small banks have no choice but to keep consolidating the predatory practices the banks already pull on us, well, they're just going to multiply. Think about how much control your bank already has over you today. Hidden fees, higher rates and bidding over backwards just to get a small loan is one thing. But what about the headache you have to go through just to spend your own money? A bank shouldn't be able to tell you what you can or cannot spend your hard -earned money on. But they do this every single day. Don't even get me started. I can't even go to a normal bank. I really can't. They won't take me. And I'm not alone. Ask Drew about the time his bank didn't want him to take his own money out to buy a house. Ask AJ about the time his debit card got shut off with no warning. Ask Nick about the time they shut down his bank account for no reason at all. When he asked for an explanation, they told him they didn't have to tell him why. I can go on and on and on. Those are just people I know. And I'm sure you've got a personal nightmare story of your own. But the point I'm making here is it already feels like we have very little control in the institutions that were put there to protect our money. They don't respect us as humans. And it's all about the algorithms designed to facilitate the transfer of control. Unfortunately, the smaller banks are going to be forced to continue consolidating, giving all the money, all the power, all the control to the chosen elite. Obvious side note. Of course, they hate crypto. It's the only thing that gives the power back to the people. That's why they're pushing so hard to eliminate it. It scares them. You want to know what scares me more than anything? Regardless, if it's one bank, four banks or whatever with all the control, America's debt is at $32 .6 trillion and counting. Maybe not in my lifetime, but there has to come a moment where we stop kicking the can down the road, when you stop spreading risk around and centralized control. We enter a situation where there's a single point of failure, which would make this 10 times worse if it all comes crashing down. We don't even need a debt ceiling crisis to ruin the US credit system. We're already centralizing all the risk into four players. So how did it get this way? And why did these consolidations happen? Well, I'm sure you remember the 2008 banking crisis that ended in a bailout. Since the government and the FDIC don't want to take another den of that magnitude, they raised the standards for liquidity and put harsh restrictions on what banks can or cannot invest in. Some of you would know this as the Volcker Rule, which was part of the Dodd -Frank Wall Street Reform Bill. You can thank our old friend the banking broad Elizabeth Warren for that one. This rule is why banks can no longer invest in anything that is deemed too risky. Sure, it prevents them from getting wrecked, but it also prevents them from using money to make money. And, of course, who suffers the most? The average Joe. You and me. So what are the banks doing now that they can't take risks on? To answer this, I want you to think back to the days when interest rates were much lower. Remember when money was cheap? It was easy to go to the bank and get a loan if you wanted to go buy a house. Why do you think so many people under 30 don't own homes now? Because they can't. That flexibility is gone. Anyway, back when interest rates were low and money was cheap, there was a lot of extra liquidity moving around the banking system. Because of that, you would see a lot of big investors and venture capitalist money moving into riskier startups and starting new businesses, and, of course, they'll get the money to do that from easier to get banking loans. When the conditions were like this, you would see a lot of uninsured deposits at the bank. Remember, since the banks can't take risk, they had to take safer long -term investments with their money. For the most part, they went heavy into government bonds and mortgage -backed securities, the kind of investments that are long -term and low risk. This move they were forced into making is part of what took them down. When the banks bought those safer securities, they essentially made a bet that the interest rates wouldn't go higher. And unfortunately, we all know what happened last year. Of course, myself, himself, Jerome Powell and the gang spent the entirety of 2022 hiking interest rates to fight against inflation. They spent the entire year creating more problems to combat a problem they created. It was a perfect storm in the worst way for your everyday American. Between higher rates and a tight money supply, people had no choice but to withdraw money out of the banks. And when banks start to see money flying out by the boatload, they get to a point where they have to sell those safer securities they bought with their excess money. The problem was because the rates were higher, the bonds they were forced to sell were sold at a loss. Because Trump rolled back some of the Dodd -Frank rules, some banks didn't have to report unrealized losses. But when unrealized losses become real losses, it became a much different story between taking those losses, bad management and making terrible risk assessments. That's when the dominoes started to fall. That's when banks like First Republic and Silicon Valley had no choice but to sell stocks and borrow large quantities of money from other banks. This caused their investor and customer base to lose confidence and try to pull their money out as fast as possible, especially those uninsured deposits who have more than 250 grand because the rest is uninsured. This right here is a main reason why so many people are siding with the big four banks because even if the FDIC insurance rate of 250K is the same for small and large banks, it would take catastrophic circumstances for large banks to fail, not to mention the government wouldn't let it happen anyways. People know that big banks won't fail, and they're not about to put their life savings into a circumstance where they can only get a quarter million back if the bottom falls out. And trust me, the interest rates, well, they're not quite done hiking yet. This cycle will repeat itself as many times as it has to. By now, you're thinking, is there some sort of plan? What are the regulators going to do? Watch this. This clip here really sums it all up. The regionals are problematic because they keep losing their deposits and have to keep reducing their balance sheet. So for the regionals, I don't think earnings have bottomed. And I wouldn't even think about buying them until I thought that they had. You know, you could traffic a little bit in the larger banks, but the problem is that Michael Barr, who's vice chair of financial services, just said that he's going to raise capital requirements for the large banks by 20%, which would take our ways down by 100 to 200 basis points. There's an irony in this, by the way. All the problems that happened in the banks were in the mid cap banks. The large banks, because of all the regulatory changes, were fine. So what do the regulators do? They go fight the last war and they're raising capital requirements of the large banks. Why? I mean, there's absolutely no reason for it, but that's what they're doing. Do the regulators do anything at all to help out the smaller banks? Of course not. In fact, they intend to raise capital requirements by 20 % for the larger banks, a surefire way to ensure the failure of everyone that's beneath them. It's as if they want to consolidate the power. Imagine that. The man from the previous clip, well, that's Steve Eisman. He's famous on Wall Street. If you've ever seen the movie The Big Short, his character was played by Steve Carell. And, yes, he really did answer his phone in that meeting. Prime losses will stop at 5%. Zero. Excuse me. I have to take this. He must be from Bank of America. All jokes aside here, what he just said in that clip is directly in line with the narrative of the regional banks failing and the larger banks taking over. I agree with him on that. Of all people, this guy knows dumpster fire when he sees one. I agree with him. The smaller banks have no choice but to keep reducing their balance sheets, and that's why they haven't hit their bottom. My opinion differs from him though when he says that there's absolutely no reason for the regulator's large bank reaction to the problems with the smaller banks. I have to disagree. The reason is right in front of our faces. The regulators are raising capital requirements for the larger banks to encourage them to keep getting bigger, and that consequently makes it that much harder for smaller banks to grow. On the flip side, the Treasury Secretary herself, Janet Fellen Yellen, aka the Tweety Bird Monster, will tell you that they're not encouraging this type of activity. Another classic example of watch what they do, not what they say. Now, this clip is my favorite. Check it out. So what is your plan to keep large depositors from moving their funds out of community banks into the big banks? We have seen the mergers of banks over the past decade. I'm concerned you're about to accelerate that by encouraging anyone who has a large deposit in a community bank to say, we're not going to make you whole. But if you go to one of our preferred banks, we will make you whole at that point. That's certainly not something that we're encouraging. That is happening right now. That is happening because depositors are concerned about the bank failures that have happened and whether or not other banks could also fail. No, it's happening because you're fully insured no matter what the amount is. If you're in a big bank, you're not fully insured if you're in a community bank. Well, in all my years of watching Janet no tell and yell and lie to Americans about how she's protecting them, I've never once seen her stumble and fumble over words like she did in this clip. The best part is 30 seconds after getting put in the political equivalent of a stone -cold stunner, she says that her judgment is that the banking system is safe and sound and depositors should have confidence. Hysterical. Then when asked why some banks get special treatment and why others don't, she said that she didn't know and it's up for the FDIC to decide. The links people like Janet yell and go to protect depositors all while simultaneously hurting depositors is astounding. Reminds me of Gary Gensler. And in that lies a part of the problem. Getting a straight answer from a politician is like asking your mom for $5 and she tells you to ask your dad and he tells you to ask your mom and you never get the $5. Lack of accountability in our government has a lot to do with the fact that it's so easy for a three -letter agency to point the finger at another three -letter agency to pass the buck. With this, they all maintain a level of plausible deniability and get to go home and tell their families they're making a difference. What a joke. It's a joke. But wait, this is our money. This is our freedom. It's not a joke. And what's anybody going to do about it? Look, it's as simple as this. Politicians and regulators need to wake up and get it through their heads that small town America needs smaller banks. Where are we supposed to go to get loans of the banks that used to support small businesses? Have their hands tied. And Jamie Dimon has the key. We need that competition for competitive rates, and we need small banks to keep innovating to earn their market share. At this point, with the way things are going for the regional banks to survive, they'll be forced to tighten lending standards, make fewer loans, slowing down the economy for everybody. And now, with Biden's knee -jerk push to heighten capital requirements on small banks, politicians cannot sit there with a straight face and say they're not encouraging the consolidations. I'm also not saying this great consolidation will happen overnight, take years, maybe even decades, let the right people get elected and care enough to prevent it. Don't get me wrong. I'm not saying small banks shouldn't have regulations. Of course they do. Just the right kinds of regulations that involve common sense. Banks should be transparent. They should take stress tests. They still need enough wiggle room to be competitive as well as profitable. Sad part is it would take nothing short of a miracle for the public's faith to be restored in smaller banks. Obviously, everyone wants their money to be safe, so don't blame anyone personally for jumping ship to a bigger bank if they have to or if you're allowed to. But when this happens in droves and the government is backing it, you have to play the tape out and see how slippery this slope really is. So, at this point, other than voting in the polls and with our wallets, there's only so much we can do to hold on to the little bit of control we have left. And we have to make the most of it that we can. First of all, you have to be aware that the landscape is changing. With that, you need to do your part and self -educate yourself and become self -reliant. I don't say it lightly. And if you made it this far in this video, you obviously care about your financial future, but you need to keep going. If you're someone who's struggling or even someone who's just trying to level up, you need to plan out every minute of your day so you can make time to be studying at least three to four hours a day minimum. If you're someone that's got a lot of moving parts, there's no shame in hiring a financial advisor or someone that can help you be more active with your wealth management. Understand that at the end of the day, the big banks don't care about you or your self -interest. It's only about the bottom line for them. So that's why you need to learn as much as you can and take the time to figure out what works for you. With that, don't make the mistakes, the same mistakes the banks are making. Don't put all your eggs in one basket and expose yourself to the risk of having a single point of failure. You cannot stress how important it is for you to diversify. Split everything up so if one vertical fails, you're still well above water. Consider buying gold, buying stocks, holding cash, buying digital assets like Bitcoin, or even ammunition. If diplomacy fails, water and ammunition will become currency. It's clear I've been hanging out with Drew too much, but, hey, he's right. He's also kind of scary, but I like him. He's a good guy. At the end of the day, your financial future is up to you. So I wish you the best on your journey and your never -ending pursuit of financial education. That's all I got. Be blessed. BitBoy out.
A highlight from BINANCE BANK RUN! (US Government SAVES Crypto Investors)
"If the United States government could collapse Binance tomorrow, they would, and they would screw you in the process, and they wouldn't think twice about it. Welcome to BitBoy Crypto! My name is Ben. And today, let me tell you, we got an absolute massive story for you guys. So huge. Guys, according to Watch Your Guru, we have this news. The Department of Justice is considering going after Binance. That's right. They're considering going after Binance and CZ. It's the first time we've heard of this. You know, nobody has told us that. Nobody's mentioned that. You know, the first time we've ever heard that Binance could be in trouble, you know. But, oh, here's the good news. Here's the good news. The good news is that the government has decided to return to this point here. Sorry. I gotta get my seatbelt. Come on, seatbelt. Come on, seatbelt. Give me some room, seatbelt. There we go. The government has decided that they're a little concerned about going after Binance for criminal activity and fraud. Why? Is it because they don't have evidence? No, no, no. Is it because they don't want to go after Binance? No, no, no, no. Why are they scared to go after Binance? Well, they're scared to go after Binance because, apparently, according to the government, they're scared that if they go after Binance, there will be a bank run. Oh! Everybody's going to take their money out of Binance if the government goes after them. I mean, obviously, this is obviously going to happen. The US government, because there's so many United States governments, you know, United States citizens around the world that have moneyinbinance .com. So I just want to say Gary Gensler, Joe Biden, Barack Obama, Janet Yellen, Jerome Powell, all the famous Democrats exist out there because they already control the government. I just want to say thank you so much for stopping, for absolutely stopping American citizens and holders of Binance from losing all of our money because of a bank run. Guys, can you imagine anything more fraudulent or stupid or ridiculous than that? How low IQ do these people think that we are? How low IQ do they think the average person is? Do you not understand? Do you not see the orchestrated campaign by literally the United States government to after go Binance, and now they're telling you that if they go after Binance, it'll collapse, and the reason they're not doing that is because American citizens will lose money, and American investors will lose money on a platform that nobody's even invested in! What a crock! Now, let me tell you what this says to me. What this says to me is what does the government always try to do here in the United States? Try to make themselves look good. Speaking of looking good, you know one thing that looks good other than me? Even though I know I do look freaking great.
Homeschooling vs. Public Schooling: Wayne Black Weighs In
"Week's No Interruptions podcast tackling the rather complicated issue of homeschooling and whether or not parents should be sending their kids to public schools as they grow up or should they be homeschooling their kids. Taya Shoemake is the founder of Home School Ready or Not. Taya is a homeschooling wife, mom, and tutor. She's taught at traditional schools. The website is homeschoolreadyornot .com. Wayne Black is the founder of Wayne Black & Associates, which is a Miami -based security consulting firm. He's one of the best in the business. He was a Miami -Dade police detective, later an organized crime group supervisor for Janet Reno. I've watched Wayne your work over the years and I know how accomplished you are. If you don't mind, I want to kind of pick your brain about the issue of homeschooling because even though your area of expertise is really about school security, you're a big advocate for education in the public schools rather than homeschooling. So let's start there. From your background and your level of expertise, and again, you are deeply respected, why do you think that a public school education is preferable to a homeschooling one? Thanks for having me. It actually depends. I think the—and I'm certainly not a child psychologist, I'm a security expert—but I think that the education in terms of growth and exposure to other children in a public school, as long as it's safe, and that's what my book's about, as long as it's safe, a safe learning environment, is fine. I mean, most of us went to public schools and I was concerned when I saw what happened during COVID, and you all can talk about this. What happened to homeschooling when it was forced during the lockdown? And did that really, like many people say, did that put our kids so far behind?
A highlight from The Man in the Arena: My Speech to the International Order of Teddy Roosevelt
"The U .S. dollar has lost 85 % of its value since the 70s, when the dollar decoupled from gold, and the government seems bent on continuing the tradition. Charlie Kirk here. From now until after the elections, the government can print as much money as they want. The last time they did that, inflation went up 9%. Gold is the only asset that has proven to withstand inflation. Invest in gold with Noble Gold Investments. You will get a 24 -carat, one -fourth of an ounce gold standard coin for free. Just use promo code kirk. Go to noblegoldinvestments .com. That's noblegoldinvestments .com, the only gold company I trust. Hey everybody, my conversation at the International Order of Teddy Roosevelt. Amazing people. I talk about Teddy Roosevelt and the need for us to educate the next generation. Become a member. We have a new way you could support the program. Don't worry all of you that support us at charliekirk .com slash support. Don't worry, we have a migration plan for all of you. Legal migration, of course. But I wanted to say thank you for those of you that are joining in huge numbers. It's amazing. At members .charliekirk .com. It's a way for you to support our program. We believe it's affordable for all income levels. It's a way for you to get behind, for you guys to get behind the work we are doing. Members .charliekirk .com. In fact, I want to mention and name some of the people that became members overnight. It's really exciting. Janet from California. Thank you for becoming a member at members .charliekirk .com. Mary Lisa from Idaho. Thank you. Janet from California. Scott from Utah. Linda from California. Dorothy from Maryland. There are levels for all types, by the way. You guys could check it out. Eight dollars a month. Members .charliekirk .com. Maybe you're on a fixed income, but I bet you could squeeze eight dollars a month. And you might say, well, what do I get, Charlie? Well, we're doing exclusive Zoom calls. We're going to have a message board. We're developing all this stuff. And you get to hear the full conversation with the legend Tucker Carlson. Here's a little tease. I was watching the other day. I'm actually not a huge Martin Luther King fan or whatever. Super flawed guy. But I was watching the last. The audio was listening the audio of the last speech that he gave the night before he was killed. April 3rd, 1968. He was killed the next afternoon. And he gave this speech and he had just been like cheating with a bunch of different women. Okay. Yeah, he had a tendency. Oh, my gosh. No, he was like a ridiculous sexually out of control. But he gave this speech in which he clearly predicted his own death. Like, there is no doubt, if you listen to this, that God is speaking through Martin Luther King. And I get I don't like Martin Luther King's program. I don't like his behaviors. A lot of worshiping Martin Luther King is absurd to me. But I got to say, if you listen to that speech, God is speaking through Martin Luther King. There's no other explanation for that. And you're like, well, that's kind of consistent with what we know. We're all flawed. The people in charge tend to be more flawed. But it doesn't mean that they're not capable of greatness. So let's just be honest about it. The second you have to feel the need to pretend that you're perfect, you become a liar and you become paradoxically even less perfect, in my opinion. Boy, if that piqued your curiosity, join as a member. Get behind us so we can keep talking about the issues that the regime doesn't like. Vaccines, immigration, Ukraine, members .charliekirk .com. Thank you, Brett from Michigan for joining, joining Charlotte from Texas, Lynn from California, Matthew from Texas, Summer from Arizona, and more, members .charliekirk .com. Also, please get involved with Turning Point USA at tpusa .com. That is tpusa .com. It's already a high school or college chapter today at tpusa .com. You can always email me, freedomatcharliekirk .com. That's freedomatcharliekirk .com. And subscribe to our podcast and listen to the end of this episode for a free giveaway opportunity. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's ever created Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here.
A highlight from THOUGHTCRIME Ep. 6: Oppenheimer v. Barbie, The Incredible Shrinking Ron DeSantis, Real-Life NPCs
"The U .S. dollar has lost 85 % of its value since the 70s, when the dollar decoupled from gold, and the government seems bent on continuing the tradition. Charlie Kirk here. From now until after the elections, the government can print as much money as they want. The last time they did that, inflation went up 9%. Gold is the only asset that has proven to withstand inflation. Invest in gold with Noble Gold Investments. You will get a 24 -carat, one -fourth of an ounce gold standard coin for free. Just use promo code kirk. Go to noblegoldinvestments .com. That's noblegoldinvestments .com, the only gold company I trust. Hey, everybody. Today on The Charlie Kirk Show, thought crimes. Okay, I'll give you a little warning. This is a very chaotic episode of thought crimes. We're in like nine different cities. We're all talking over each other. It's fun, but it's a little bit of a mess. So enjoy it, listen to it. And yes, I know it's a little bit of a clumsier episode. We talk about a different type of thought crime. We talk about Barbie and Oppenheimer, the Michigan alternate elector, and also a recap of ActCon. Text this episode to your friends. Get involved Turning Point USA at tpusa .com. That is tpusa .com. Also, become a member. We have a new way you could support the program. Don't worry all of you that support us at charliekirk .com slash support. Don't worry. We have a migration plan for all of you. Legal migration, of course. But I wanted to say thank you for those of you that are joining in huge numbers. It's amazing at members .charliekirk .com. It's a way for you to support our program. We believe it's affordable for all income levels. It's a way for you guys to get behind the work we are doing at members .charliekirk .com. In fact, I want to mention and name some of the people that became members overnight. It's really exciting. Janet from California, thank you for becoming a member at members .charliekirk .com. Mary Lisa from Idaho, thank you. Janet from California. Scott from Utah. Linda from California. Dorothy from Maryland. There are levels for all types, by the way. You guys could check it out. Eight dollars a month. members .charliekirk .com. Maybe you're on a fixed income, but I bet you could squeeze eight dollars a month. And you might say, well, what do I get, Charlie? Well, we're doing exclusive Zoom calls. We're going to have a message board. We're developing all the stuff. And you get to hear the full conversation with the legend, Tucker Carlson. Here's a little tease. We talk about this sometimes. Your faith, has it strengthened? Have you grown closer, farther apart from God? Not just through this, but just in your seven years from Fox, because you do talk more spiritually, especially in the last couple years. I probably shouldn't because, I mean, I love it. You don't want to take spiritual advice from me. Well, I'll be honest, Tucker, I don't take spiritual advice from Episcopalians. You shouldn't, trust me. When an Episcopalian tells me about the Bible, I say stop. Well, but trust me, no Episcopalians ever going to tell you about the Bible. No, they'll tell you about their feelings. Yeah, no, it's totally right. I don't lie about it. And I was talking about this last day, actually. I've been just for my own interest reading the Bible since February. It's beautiful. It's just so interesting. It's the most interesting thing I've ever read. It's the whole civilization's based on it. It's completely blowing my mind. Become a member at members .charliekirk .com. Email me as always, freedom at charliekirk .com. And listen to the end of this episode for a giveaway opportunity. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks.
A highlight from Where are the Republican AGs? with Mike Benz and Kane
"Hey, everybody. Citizen Kane joins us. Also, Mike Benz. Where are the Republican Attorneys General? We go through a lawfare summary. Email me your thoughts, as always, freedom at charliekirk .com and subscribe to our podcast. Make sure you get your friends to listen as well and get involved with Turning Point USA at tpusa .com. That is tpusa .com. Start high school or college chapter today at tpusa .com. We have a new way you could support the program. Don't support. Don't worry. We have a migration plan for all of you. Legal migration, of course. But I wanted to say thank you for those of you that are joining in huge numbers. It's amazing. At members .charliekirk .com. It's a way for you to support our program. We believe it's affordable for all income levels. It's a way for you guys to get behind the work we are doing. Members .charliekirk .com. In fact, I want to mention and name some of the people that became members overnight. It's really exciting. Janet from California. Thank you for becoming a member at members .charliekirk .com. Mary Lisa from Idaho. Thank you. Janet from California. Scott from Utah. Linda from California. Dorothy from Maryland. There are levels for all types, by the way. You guys could check it out. Eight dollars a month. Members .charliekirk .com. Maybe you're on a fixed income, but I bet you could squeeze eight dollars a month. And you might say, what do I get, Charlie? Well, we're doing exclusive Zoom calls. We're going to have a message board. We're developing all the stuff and you get to hear the full conversation with the legend Tucker Carlson. Here's a little tease. I was watching the other day. I'm actually not a huge Martin Luther King fan or whatever. Super flawed guy. But I was watching the last the audio was listening to audio of the last speech that he gave the night before he was killed. April 3rd, cheating with a bunch of different women. OK, yeah, he had a tendency. Oh, my gosh. No, he was like a ridiculous sexually out of control. But he gave this speech in which he clearly predicted his own death. Like there is no doubt if you listen to this, that God is speaking through Martin Luther King. And again, I don't like Martin Luther King's program. I don't like his behaviors. A lot of, you know, worshiping Martin Luther King is absurd to me. But I got to say, if you listen to that speech, God is speaking through Martin Luther King. There's no other explanation for that. And you're like, well, that's kind of consistent with what we know. We're all flawed. The people in charge tend to be more flawed. But it doesn't mean that they're not capable of greatness. So let's just be honest about it. The second you have to feel the need to pretend that you're perfect, you become a liar and you become paradoxically even less perfect, in my opinion. Boy, if that piqued your curiosity, join as a member. Get behind us so we can keep talking about the issues that the regime doesn't like. Vaccines, immigration, Ukraine, members .charliekirk .com. Thank you, Brett from Michigan for joining, joining Charlotte from Texas, Lynn from California, Matthew from Texas, Sommer from Arizona, and more, members .charliekirk .com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks.
Biden: Debt deal 'very close' even as two sides far apart on work requirements for food aid
"President Biden continues to say a deal on the debt limit is very close. House negotiators left the capitol in the early hours of Saturday without a debt limit deal with The White House. They're expected to return later in the day in hopes of reaching an agreement over the holiday weekend. It appears as though work requirements for federal food aid recipients have emerged as a final sticking point as president Joe Biden says he thinks a deal is very close. In the meantime treasury secretary Janet Yellen says, the deadline for a potentially catastrophic default has been pushed to June 5th from an earlier estimate of June 1st. I'm surely Adler
"janet" Discussed on Janet Lansbury Podcast
"We can't take it back, and there's really nothing I can do to erase that for the other person who's heard it. Maybe we can exhale on that and know that where we do have power is to respond in a way that takes the onus off of this. And by doing so, make it less likely that he will repeat this. I would also do as his parents says, but I would do this a moment later and very comfortably. I would say, um, you know what? Sometimes when people hear that, it can hurt their feelings. So I would say it just as a, by the way, here's some good info for you to know in your journey, my love. People can take this the wrong way. But if we're not uncomfortable about it, and we communicate that way without judgment or alarm. Then we prevent this from happening again, or make it less likely. And in the moment, okay, let's take the examples she gave, why does her hair look like that? I would write away, say something like, um, I don't know, maybe that's a style that she enjoys, I guess. Almost shrugging our shoulders as we say this. Being that comfortable. Why is his face red? Um, I don't know, maybe he's had a lot of sun. Not sure. Is that a man or a woman? I don't really know. It could be, there may be. Or I believe that's a man, but one never knows how somebody might identify their gender. So that very nonchalant response will help. It's just like with everything with children when we're not making a big deal out of it, it's not like a magnet for them that they need to keep going there. They need to keep checking that out and exploring that with us.
"janet" Discussed on Janet Lansbury Podcast
"And that is why intimacy is really that you're both co creating this experience where you're both benefiting from it. You both perceive that this is creating positivity, warmth in the interaction, but if one of you perceive that this interaction is putting me in a position where an I know have to choose do I side with my sibling or do I side with my parents, that is not intimacy. Right, that's a lot of pressure to put on a child. What other things can we do as parents to help nourish the intimacy between us and our children? One of the things that parents did was they construct distinct relationships, meaning they have these one on one interaction. So if they had multiple children, they had, for example, let's say, on a Saturday morning, they go to the baker with this one particular child to get ready for the family. This child knew this is my time with this parent. And they create that special bond with one on one. And they do that with each child. Set aside specific activities that they only did with that one child and the other sibling was not part of it. So they create this distinct relationship that the child can look forward to bonding with the parent one on one and as whole. They created meaning and intimacy. Also enjoying things such as watching TV programs together, discussing the programs for boys in particular, going into their gaming world, asking them questions about their games or even if expressionism mom you really don't understand the sporting events, but kind of following what's going on so you can have a discussion with them. My soon to be 17 year old is a big Arsenal fan. And what I've done is that as followed people on Twitter who were part of this arsenal world and so every time an arsenal news come up, sometimes our initiate conversation is like, wow, how did you know that mom? And he appreciates that I was I'm willing to continuously go into his world and share with him. So it is creating that opportunity to really knowing what's matters to your child and educating yourself on initiating those conversations. It's communicating to that your child matters to you saying I do appreciate when you helped me with this. I do appreciate how kind you are. You matter to me, it's communicating that you're not just my child and you're part of this family in general, but you are special to me in your unique way. And again, that ties into also, you know, you do the self disclosure and so on. And integrating them into your lives. So let's look at that. If you're building a bookshelf, for example, at home, is inviting your son or your daughter. They might not necessarily be hands on building the bookshelf, but are sitting there talking with you, you showing them things and then being interested in it, create that sense of intimacy. So try to integrate them as much as possible into your lives and sometimes it's when as they become teenagers, your parents might say, oh, they just want to hang out with your friends and not me so much. But the literature on teenagers do show that even though they crave this independence and need to be with their friends, they still want to know that they max out to their parents and they still want to know that their parents want to integrate them into their lives. So things like family meals, how often do you have family meals with each other? That's a time of intimacy and bonding as well because you're all other table talking about what's happening in your lives, what happened in the day, few hours ago, and you're connecting with each other over food and creating that Bond. So those are some of the ways that parents can do it intimacy. And the routines, especially with the little ones, the morning routines, the evening routines, all of those are ways that you can create intimacy, cooking meals together, leisure activities, whether you're doing sports, writing a bike or on a community together. Those are ways you can create intimacy with your child. So doing projects together, sharing hobbies, and really what you're talking about, I think, is that we're seeing our child, our child feels seen in their interests that we care enough to look into it and research it a little bit and join them in that. That we really want to know and see them and that we think what they're doing is interesting and cool. What they're interested in is interesting to us. I noticed with my older children that now, when we have time together and especially if there are confiding in me or something, I'm so tuned in. I'm like laser focused because this is precious time. I realize that. And then because I'm tuned in, I remember all kinds of weird details that they tell me, so then later we'll have another conversation and I'll say, oh yeah, that person or that's that thing and they almost seem surprised sometimes that I remember, but it feels good, right? Because that means you were really listening. You made mental notes of this and that because it was important to you. One of the things Janet wants parents to consider is that when you take the initiative, when you really make intimacy or priority with your child, you will realize that the authority domain of discipline, the resistance to requests and so on, that is reduced significantly. So when children feel that sense of connection, feeling that they matter, have frequent intimate interactions with you, guess what, they're more likely to comply, they're more likely to work with you. They're more likely to brainstorm and come up with solutions. So it all ties in. If you are having a lot of pushback from your child, it's to ask, am I creating enough intimate interaction with my child? Do they feel like they matter? Do they feel connected? Do they feel like they belong? Not just, okay, I'm a member of the family. But do they deeply feel connected to us? And if you think that's not the case, what can you do? Maybe you need to really have that distinct relationship where you focus on one day of the week for one or two hours where
"janet" Discussed on Janet Lansbury Podcast
"Hi, Elizabeth. Welcome back to unruffled. I'm so glad you could be here. Thank you, Jana. I'm so glad to be back. You are a hero to me. You are one of the most courageous generous souls that I've ever been able to connect with in my life. I'm so moved by your whole story. Just to share with listeners, Elizabeth has had severe abuse and trauma starting when she was two and she now is not only bravely working through her own recovery many years later, but she coaches others to recover from complex and severe trauma and that's become your passion in life, right? Absolutely. It's everything to me. Truly, it feels like all of the years I spent not being permitted to talk about this is now all it's all for this. It's come to this point and it feels so validating now that I can not only heal myself, but heal others too. So thank you for that. Really, really kind introduction. I'll tell you what. But you know I love you. I do. You know, honestly, there are not a lot of parenting experts out there who will go this deep, you know? It's not easy. To talk about this stuff, it's hard and I love that you bring it back to this and I think that makes you just so invaluable thank you. Yeah, well I'm definitely not any kind of expert in the healing part so that's another reason I value people like you and really I don't know anyone else that's exactly like you in this work. I mean what you've gone through was beyond the pale as a parent. It's even hard to read your story and imagine that that could be possible.
"janet" Discussed on Janet Lansbury Podcast
"Hi, this is Janet
"janet" Discussed on Janet Lansbury Podcast
"We hear ourselves asking our child to do something or not do something more than once, then usually that means we're already too late in physically following through with that limit. But, of course, we're not going to be perfect at this. And when we realize, after the fact that it didn't work or we weren't at our best, we got angry. We yelled at our child. We did things we regret, it can be really helpful after this kind of situation, like after the park or whatever, when it didn't go well, to consider with self compassion, huh, where was I going there in my mind? Why did I get so upset? Exploring this in ourselves with a lot of love and kindness towards ourselves. We're all on a journey and the goal is to make slow progress. Sometimes it's going to be two steps forward, one step back, or one step forward, two steps back, but we can pat ourselves on the back if our goal is to continue moving forward. So when this mother says that the little girl sat down and wouldn't walk, ideally, we would want to be there soon enough and before we talk about leaving the park so that she doesn't have that time to sit down and get more set in that kind of power struggle. But if she does, I would still try to get in there right away. Pick her up and if the baby's there, I would consider having the baby safe in a stroller and not be carrying the baby if that's possible at that time. Because it can be really hard for a toddler to see the baby right up there next to you and that's going to make it more likely that she's going to have a hard time in that exchange and need to express feelings around it. So just for ourselves, it's easier if we can be physically available to our toddler, but I realize it's not always possible. So if we're not and we have a baby in a carrier or we need to hold the baby, then just know that we have to be even more confident. And use what I call confident momentum coming in early, ready to move, expecting that this might be an issue. Getting that momentum going. It makes up for physical strength that we might not feel. And some parents have physical issues and they can't pick their child up every time. Confidence makes up for a lot. When we have that motion going, we don't need to use
"janet" Discussed on Janet Lansbury Podcast
"You've got those stickers I see. I'm not going to let you do that. And I'm already physically stopping my child right there. That physical limit setting is what children crave. Especially when there's a baby involved who's getting a lot of physical care. A lot of touch. A lot of holding and carrying. So for that reason as well, they feel the need for that. And that's why it's so important for parents to perceive this as much as possible as positive, a positive, loving exchange when you're actually doing something that's, yeah, it's against your child's will in that moment, but you're doing it with love and kindness and confidence. You're taking that little bear cub and you're stopping those little paws from doing this or that, and you're picking them up and taking them out of the park. And with the park, she says, this has become a thing. So, yeah, see it coming, anticipate. Not in a negative, oh, here we go again, way. But okay, my child's struggling with this. So I'm going to help, and then go close when it's time to leave. If possible, we don't want to signal by saying, okay, it's time to go. When our child is shown this behavior of having difficulty leaving because then we're kind of signaling, all right, we're going to enter this power struggle now. We're going to go back to this routine that we've had up until now. Toddlers that have babies at home are younger siblings or other reasons that they have strong feelings. Maybe they're in another kind of big transition. Like they've just moved or they're starting a new school or something's happening with their parents relationship they're very likely not able to leave the park. It's those little transitions that do them in. And as his parents says, she
"janet" Discussed on Janet Lansbury Podcast
"So this is what we're up against. And I think it's just important to acknowledge that there's nothing wrong with us for not winning that battle with this incredible love and vulnerability we have about our children. So another thing we do is when we try to fix the problem before really opening up to an understanding of where it's coming from. Like the parents did in that previous example. So we're going to always being a sore loser or always thinking bad things about himself and seeing that as a problem we want to correct it. We don't want to let our kid go off and be a sore loser with their friends. That's a positive goal, right? But again, it just doesn't work that way that we can make those things happen. Everything for our child has to come from the inside out. Making peace with their feelings, processing them through being able to behave quote better because they feel better. They feel safe in who they are. Totally accepted. They have that trust in us and therefore themselves. Staying in tune with those feelings that they're having, how important is that as a life skill and how often do we tend to kind of lose our way with that as we get older? I know I have not trusting my perspective on a situation. Not trusting that it's okay to feel what I feel. We can help our children have a lot of these tools that we didn't get with just this one very challenging idea. Welcome the feelings. Keep those channels wide open. Be curious. Open up that space. Okay, here's another specific example. Dear Janet, I have two boys nearly 6 and nearly two and my question is about the older one. Of course, we have our struggles with cooperation and boundaries once in a while, but for the most part, that is manageable. My question is actually about how to encourage him to take decisions about things. He's generally unwilling to put his opinion on things out there. It's like he's afraid to be wrong. We really don't know where this is coming from as we've tried since he was a toddler to welcome his feelings and encourage his curiosity, but it seems to me that he has a bit of a perfectionist streak and is worried about taking the wrong choice. This shows itself in many ways from being disinterested in what he wants to wear, too often answering both when asked to choose between two items, even choosing a birthday gift for a friend. He just freezes.
"janet" Discussed on Janet Lansbury Podcast
"Into a fight with them about it every day, if we're saying something like, oh, just a reminder, my love, could you please help us empty the dishwasher? And maybe we want to add as soon as you're done, we'll have our dinner. So making it a part of the routine like that. Very light and polite. Matter of fact, and we're open to doing it with them, ideally. So we're not trying to force an issue that we really don't have the power to control. Instead, we're nurturing that relationship where children want to be helpful. To us, because they're part of a family unit where they're unconditionally accepted, that doesn't mean we accept all their behavior, but we accept their stage of life. We accept that they're human and easily overwhelmed and won't want to do everything that we ask them to do, just like we don't. I mean, I don't like brushing my teeth at the end of the day when I'm tired, I do it, but I'm a grown up. So it's that bigger picture that relationship of acceptance and not getting threatened and not getting our back up about this little stuff. Seeing it for what it is. That's what's gonna help make children agreeable in the long term and that's what we want. This parents says her child seems to come out of nowhere to reprimand his parents again. That sounds like maybe he's trying to see if the parents are going to give this little guy power there to upset them. He's checking it out. And maybe they've given these kind of behaviors power and some negative attention and things like that. But I really wouldn't. I wouldn't give that behavior any kind of power over you. Maybe hear the feelings behind what he's saying, but not make a big deal out of this. That's what makes it go away.
"janet" Discussed on Janet Lansbury Podcast
"My favorite thing to hear as I'm wrapping up an extensive consultation or a group session with parents is when they say, now I can't wait to see my child and try all of this out. The secret to finding more ease and joy and caring for our children, it's a perspective shift. It's about the way we see our children and understand our role in their lives. And unfortunately, quick tips and strategies and sound bites, they can't make this shift for us. We need something thorough. We need the whole picture. I've created the resource that will give you that. The no bad kids master course. You can check out all the details at no bad kids course dot com. Hi, this is Janet Lansbury. Welcome to unruffled. Today I'm going to address a concern that parents often share with me and usually it's in the form of questions like at what age will my child stop doing these fill in the blank impulsive behaviors. Or when can I expect my child to be able to self regulate? For instance, stop having tantrums, stop flying off the handle, stop losing self control. When can we expect more consistent kindness or manners or at least that our child stops lashing out at their sibling or yelling rude things when they're upset? Shouldn't they know better by now? The short answer to that one is yes.
"janet" Discussed on Janet Lansbury Podcast
"Hi this is janet lansbury..
"janet" Discussed on Green Wisdom Health Podcast by Dr. Stephen and Janet Lewis
"It's a super super Detoxifying agent or bioflavonoids And and the research i read for that was that of journal. Free radical biology. So that's real. And here's something that janet didn't go talk about acetyl l. carnitine. It is absolutely holy. Jesus indispensable in liberty talks vacation and people say but you put me on it because of heart health. You put me on it..
"janet" Discussed on The Story Song Podcast
"Was coming. Do i think that's a good idea that he maybe even sought out this friend and was like. Hey peggy. i'm back in town I didn't tell janet. But if janet if you if you want to tell janet. I'm back in town. That's that's fine but we don't have to deal whatever you wanna do. This is peggy story right. Now i'm putting this peggy's court piggy matchmaker so suddenly the memories came back to me in my mind. i just like the way that's phrased. Because it sounds like literally she took the memories and like stuck them back into her head. But how can i be strong. I've asked myself time and time. I've said that. I'll never fall in love with you again. That listen you know. I mean that line is is a checkoffs gun blake. That puppy is going off by the end of the song you know. How would you be. This song ended with. And i never fell in love. Oh my gosh shannon's did it. The original title was good job janet. I'm so proud. I kept that promise to my sad the music video and stuff like a mentos commercial. She's just so proud. And then well. Because i think she doesn't say i promised i'd never see you again. I promised i wouldn't sleep with whenever it like. I never fall in love with you again. Ready means so she's like i again because usually like i don't think you're too worried about falling back in love with your really more of just kind of like sliding back into them just out of convenience or whatever but it's just funny she's like i have to make sure sure we could sleep together. We can hang out like we can date for a couple of years. I just. I can't fall in love with again. You know what i'm saying. I mean where even still together. I'm just not in love with. I'm picturing this like play like The the friend walks in says that he's back in town and like literally lights off spotlight on janet and the memories. Come back to her in her mind. Oh yes and then she just starts talking to yourself. How can i be strong. There's a whole aside. This is is a big dramatic moment. And i'm still here. Can we talked through. You just want to talk to you okay. So she's obviously being she's asked yourself this so do you think that she's put him out of her mind until this moment or or do you think that she just continuously has this conversation. I mean i don't think it's the only conversation she has. But i do think i mean she says time and time. I've said that. I'll never fall in love with you again. So i think this is every now and then something triggers a memory. Maybe she has the memory of goldfish and so he's keep coming back to her mind and she's like oh that's right. I keep having this conversation with myself time and time again. I keep saying never fall in love with you again. Also we're the castle come.
"janet" Discussed on Sci-Fi Talk: The First Season
"We have janet montgomery's conversation from salem. I participated in a phone. Press conference and this conversation was featured on my recent time capsule episode but for premium subscribers. You get all by its. Let's go to my conversation with salems. Janet montgomery i think janet's a pleasure to talk to you. What you've performed in what this character has been ruined the first two years or it's amazing Kind of i just did. Some eighty are man. I'll take con high quite a lot. So my question actually deals with the countess. It seems like this. You know there's usually a character comes in and kind of stirs the pot even more. It turns out that it looks like she is that and is that can be kind of like the thread for the season that every relationship and kind of the rivalry is to be part of it I think definitely. It says the rest of the season but i think what's so great about the season is you know. Mary started off slightly caulking on my since. She's sort of had like a real confidence. She you know she was in control missing twenty warning and now we thought that the the well she's gonna enemy coming everybody trying to get out. Nobody's on husayn the really. That's so there's so much coming out that it. The count is only part of a lot of other people who are trying to get married but she really is. You know the county's only one part fan you know. There's an element to her that you can't help feeling for her a little bit because the way things happen to her. This is not something that she asked for to adapt to survive. So there's an element of sympathy. That i have her market. That's what the right to the really. Well i am constantly sort of sidon. Stay it you know. I don't want The the audience to sympathize with mary And come from necessary. The writing writing i like. Oh well she did this because like she is. She's doing everything she can and she does have a hot. But also there are things that are unredeemable. She's done and she that she's doing but she's very complicated. I think a lot of concern about also been when neither good nor bad. We'll somewhere in the gray area and not that's sort of sort of catches. I wanna play an what. I'm really trying to do with. This character is every time she does something i think. Wow like how people are going to sympathize. I managed to find a way in which people can understand why she's doing it. You know we'll end of the day. Yeah she's definitely complicated with a capital c. I wanted to ask you when you guys do your read through for the episode each episode. But kind of tell us a little bit what. The dynamic of that room is such an amazing cast. But it's interesting because you know we don't always have everybody here but the cool group of us are usually at the age you know and i think we all love to hit. Hit the episode out loud. All right the coal jay and we just enjoy it. And i'm i'm glad i get to work on a show. You know lois shows don't have time for reefers guy on a show which we all get together and and read it all together. 'cause sometimes you know this year i i'd much much interaction with the seasons going on with fast and so it's nice to be able to see them every week and go through the episode. Read it and hear what's going on in the end the it's also besides a heart element is also a tragic element to this. Almost i i dare say almost shakespearean to the way the way. The show is crafted becoming on that. Yeah i it. Sounds like a great tragedy. Or something. And i think that each time he thinks catching break a lot of my office episode. It was like heartbreaking. When you feel like is it gonna get away with dolly. And then you realize that. It's the countenances shit heartbreaking you think. Oh god this shouldn't be happening to these people. I kind of love that though every time every time someone you think they're gonna escape. They don't absolutely the here. It was heartbreaking heart breaking what about the the horror aspect of the series. I'm actually surprised on how much you got. You guys can actually do. It's really amazing. You know you never know especially with like a new network how much you can show. And and how. Much much. And i think the most the thing that makes the show really work at the moment and especially we've really got it in. The second season is the broncos are not holding back and it's very shocking. And i think that really works for the show because it makes it that that that having free rein create the wells and it means that we're doing something very different from anything else is on tv and we're not holding back because of warring. We're going to upset someone out there. The show definitely has its own mythology to no doubt about it. It's amazing how you kind of weaved your own kind of brand to the witches and everything. It's very different. And as far as the period closer concerned are you a fan of them or can you. can you. do you like wait until you. You can't wait until you get back into your normal clothes. I mean on the fun of definitely the way they look and joe the culture design as for just such an incredible job. They always looks spectacular. I think you know the season. He even excelled in south asia with mary close. But it's not comfortable. I can't of course it's uncomfortable. And i can't wait to get out of the you know the twelve hours voting. You'd definitely ready to take it all. And i wanna put it on. Lock minute i will go through the house. I want from my customers and i wanna take out. I hear you preseason so far. And the first season it's great to relive that on netflix. And stuff like that. It's really neat to be able to see that again to thank you so much joining shakes. That's great thank you. This is tony tomato..
"janet" Discussed on Sci-Fi Talk Scribes
"Guess as to who she might be attracted to and possibly even fall in love with this particular people and when she when it hits upon the right person where it really thinks this is the this is the guy for her it will project holograms of the children. That patra and the person given guy might be able to conceive how she becomes smitten with one child in particular that she's asians of this one little girl that has these really startled is a in a in a good way. I mean she's just a beautiful little girl. Who reminds petra of the way. She actually looked when she was a young girl and so she feels a great affinity for this girl. But the problem is she. This is a faulty experiment. It's you know in test stages. Obviously it's an experiment and she's unable to figure out who the guy is. Who's triggering these visions. She has mystery of her own that she has to solve. That takes part over the first part of the novel. And i won't get into what it is she discovers because you've anything away but eventually she becomes wrapped up in the whole mystery of the juice. And how it's being used and it's when she and jarod and luscious come together if finally get to the conclusion of the novel and the final outcome of of what happens when the juices used when you're writing as the separate characters did you find it easy to kind of get into their head space and did you write each one separately or were you able to switch back and forth i right. In addition to writing novels. I write film scripts. And i've written them for many years. And so it's i sort of have a good muscle for dialogue in my mind. It took me a while to develop a three characters for sure were but i was playing on that that skill that i had developed as a screenwriter to get inside their heads and speak in their voices but i did have to when i first draft. There's chapters. I had to do them separately. I had to patras sequence of chapters and then jared's and lushes not necessarily in that order but it it. I found that. I had a stronger voice if i kept through one character before i went on to another and then you know at the same time when i was going between one character and the next the chapters you know went on sequentially. There also was the trick of making sure that the the story line progressed. That i wasn't just rehashing. What the the the readers had found out in previous chapters and that the story kept moving along so that was a bit tricky and took me some time for sure right one. Are we take a short break. We're talking to. Janet still sent about her novel juice. And we'll be right back back with. John is still sitting..
"janet" Discussed on Sci-Fi Talk
"I'm the composer of the matrix. Matrix reloaded and the matrix revolutions. Hi this is. John delancey kind of the things that aren't there. Well you know. sometimes you have that experience anyway. People at all they're gone in part because of the hopeful nature of genes vision but also because of its message of diversity and inclusion. Today we look at the juice interesting. A substance that makes you more charismatic and it turns you into a carries might which is a person who's very charismatic. and today we have the author jan still welcome janet..
"janet" Discussed on Janet Lansbury Podcast
"Days. It's so easy to forget about our own health and wellbeing. Neum is a lifestyle app. that helps empower you. To be mindful of yourself as you are of your kids your family and other day to day responsibilities you set your goals and new personalizes a program to help make them happen in just ten minutes a day old habits tough to break. And there's a lot of confusing contradictory information out there. But numerous designed by psychologists specifically to help you understand and change negative or unwanted behavior. It's a cognitive behavioral approach. That makes sense right because once. You're aware of why you do what you do. It's easier to change unhealthy habits. Numerous rules willpower shaming. And there's no finish line at all. Neum helps give you the self knowledge and confidence to develop your own healthy mindful habits that you can maintain for the long run for me. It's about balancing my work with other healthy physical activities but whatever your goals are eating better to feel better having more energy or stamina maybe enjoying exercise again or just practicing more self care neum works with your lifestyle on your scheduled to help you feel good about your choices and improve your chances for long term success and i love is that you're not doing this alone you're assigned your own personalized coach. A real person for support to keep you on track and help you achieve your goals. You can sign up for a trial today at neum dot com slash respect. That's neum and om dot com slash respect new mass for just ten mindful minutes a day and they'll support your journey twenty four seven. Check it out at noon dot com slash respect and start your trial today. Okay here's the note that i received from this parent. I'm having a very challenging time. Watching my son repeatedly and in
"janet" Discussed on Janet Lansbury Podcast
"That hera charlotte madeline hi. I'm charlotte i'm twenty eight years old. I'm madeline and i'm twenty four years old. We have a younger brother but he couldn't be here today. Arman gave us some questions that people ask on facebook will get to some of them and use that as sort of a guide to our conversation but overall we will be discussing. Our experiences being raised by. Ri- parents i guess here. We go when if ever did you become aware of differences between the way you were parented compared to your friends or peers. Did you have any thoughts on these differences at the time. What's something you noticed. Your parents did differently than others. That you're thankful for or didn't mike. While i think definitely was aware in a school setting as far as being able to choose activities that we wanted to do. We were never made to do anything. I i think. That's pretty fundamental to the philosophy but we were never made take piano lesson. Everything was totally organically. Had to be our idea and we did take piano and sometimes our ideal was to take piano lessons and it would be for three weeks and then we'd be over it. Read enough to take them anymore. I think actually maybe there was a moment of try to persevere a little bit but for the most part we were allowed to do whatever hobbies we wanted to. And so i think madeline was interested in mad science to dig mount zion. Yeah i feel like. We got to explore a lot of different interests which helped us gain a ton of new experiences. Even if none of those ended up carrying. I still now. If i'm doing the crossword. I know some of the music answers because i took music either in school and a little bit out of school and i learned certain things that add to my knowledge of the world but at the time i was like i don't wanna do this anymore and i just sort of through that way but i still gain stuff from it and at my own pace. Yeah i have friends. Now who say pretty confidently that looking back. They wish that their parents would have forced them to do the violin or some sport because now they would be really good at it. I strongly feel totally the opposite. It's much more important to me than my parents raised me. In a way that fostered the sense of we trust you to choose your activities and pursue the day to day basis. Yeah passion of the day. Well yeah yeah. I feel like i'm one of those people who says that sometimes kind of jokingly but like if i actually think back in valuate do i wish that i magically had some skill. Yeah but that totally discounts. All of the time. That i would have had to spend doing something i didn't wanna do instead of being able to explore stuff that i did want to do <hes>. But something that we've talked about recently. Is that when you're a kid. You don't really know how other kids are parented. You know you can go to a kids house and they have different foods. They have different toys and stuff like that. But you don't see the differences in the parenting until you're older and you can talk to them about like. Oh what were your parents like when you were younger. Whatever is in your household you consider normal for a long time. I mean i don't know that much about how the brain develops but there's got to be a critical period for like when you start comparing yourself to others. It seems like middle school. I remember in middle school. All of a sudden everything was like. I was self conscious in a bunch of different ways that i wasn't before then including like what was at my house and what other tatton stuff but that point which is arguably the more important part in terms of the philosophy that our parents us before that point. It's not something that you notice every day. You don't see other kids with their parents enough to understand what's going on in their household and you don't care if you go for a play date you think of it more as like oh catherine's brand is to have a bunch of cheese it s- there or they always have this particular game but like you don't feel that you're less than because you don't have that in your own house. Yeah so. I don't think you have to worry about your kids comparing themselves to other people in like preschool. Like no no child. Is that aware