35 Burst results for "July 1St"
A highlight from An Analyst Warns on TUSD, stUSDT, and Huobi/HTX
"Welcome back to The Breakdown with me, N .L .W. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Sunday, October 8th, and that means it's time for Long Read Sunday. Before we get into that, however, if you're enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, welcome back to The Breakdown. As you might imagine, a huge portion of people's commentary and op -ed writing this week is about SPF and the trial, but man, we are doing a lot of coverage around that, and I kind of get a chance to editorialize constantly about it. So I wanted to do something different, although it may be a little less unrelated than it might at first seem. Today's Long Read is going to come from Twitter. It's around a viral thread by analyst Dylan LeClair, which has some pretty serious allegations around Justin Sun and Huobi. Now, I am not presenting this as definitive. I'm not presenting this as smoking guns. I'm presenting this because I think it's imperative in the world that we live in now, the post -Sam world, to be just a little bit more cautious, to pull on threads that seem strange, to explore and dive in and use the tools of on -chain analysis that we have available to us, to ask if the leaders in the space are behaving the way that they're supposed to be behaving. I think, unfortunately for exchange owners and for basically any other leaders in the space, they're just going to have to answer more questions now than they might have needed to in the past. I think that many of us have a sense that had we asked harder questions of people like Sam, we might not be in the situation that we're in now. I certainly feel that on a deeply personal level. So, like I said, the spirit that I present this to you is one, a desire to see a cleaner, better, more above board crypto space in general, and two, an offering for you to do your own investigations, to go explore what Dylan has to say and come to your own conclusions. On October 4th, Dylan tweeted, Thread on the web of deception with Justin Sun around Huobi, STUSD -T, and TUSD, as well as the TUSD relationship with Binance and the drain of real USD liquidity from the crypto ecosystem. In late 2022, Justin Sun reportedly acquired a controlling stake in Huobi, now named HTX, which had over 1 .5 billion Tether deposits at the time. Over the summer, deposited Tether funds started getting replaced by STUSD -T. This substitution has been largely unnoticed by Huobi users. What is STUSD -T? STUSD -T, controlled by Justin Sun, claims to provide a yield by investing in quote real world assets, such as treasury bills, while the actual flow of funds from Huobi's USDT to STUSD -T, and then to just lend DAO, indicates that no such investment into real world assets occurs. We can follow these swaps very clearly on chain, and let's remember that STUSD -T and USDT are considered as the same asset natively on Huobi, as evidenced by their lack of STUSD -T trading pairs. Instead, it goes to just lend under Sun's control, and the USDT is not burned. Huobi wallets have been found to transfer significant amounts of USDT to STUSD -T's staking contract, then STUSD -T circles back to Huobi. As seen in Bloomberg, you can see a shift in Huobi's reserves from July 1st to September 15th. On July 1st, USDT made up 18 .8 % of reserves, but by September 15th, this had dwindled to just 4 .7%, while Sun's STUSD -T grew to represent 14 .5 % of reserves. As an NLW aside here, Bloomberg was actually looking at the complete set of Huobi reserve assets and found that on July 1st before STUSD -T was introduced, tokens associated with Sun, which include Tron, made up around 38 .7 % of Huobi's reserves, and now tokens that are linked to him make up about 60 % of Huobi's reserves. This is obviously very top of mind, given the fact that FTX's collapse was associated with people realizing how much of Alameda's balance sheet was just SAM coins. Now back to Dylan's thread. Huobi USDT gets staked for STUSD -T, which then moves to just lend, a platform Sun controls. The USDT never invests in RWAs, but just sits in just lend, while Huobi users end up with STUSD -T instead of the USDT they thought they owned. Looking at just lend, currently there is 1 .3 billion STUSD -Ts supplied, earning 4 .23%, with only 15 .15K of borrowing, earning 0 .01%. The real -world asset story is a lie. However, it isn't uniquely USDT this is happening with. TUSD, which is also controlled by Sun, plays a part. Over the past six months, a significant portion of TUSD burns have been attributed to just two wallets, both associated with Sun. So, isn't it convenient that you can now quote -unquote stake TUSD to mint STUSD -T? In theory, the TUSD slash USDT is burned, so that the supply decreases, and the supposed cash -backing it invests in T -bills that earn a yield that's passed on to the holders of STUSD -T, i .e., 500 million of TUSD is minted, sent to Huobi, then sent to Sun's wallets, parked in just lend, mints STUSD -T, STUSD -T goes to Huobi, TUSD gets burned, STUSD -T on Huobi remains. TLDR? Use the Tether or USDT brand and its reputation internationally, swap it for fake STUSD -T, while it appears as regular USDT in the UI -UX on Huobi. And then what? What's the end goal? Why create an IOU of another stable and trick your users behind the user interface? For one, selling the USDT, which is actually mostly STUSD -T, for USDC, on Huobi. Data from Keiko shows this clearly through the USDC -USDT cumulative volume delta on Huobi, with 350 million of Tether being sold off for USDC in just over two months. Data from just over the last few days shows every single transaction over 100k is swapping USDT for USDC on the pair. To reiterate, it's mostly STUSD -T under the surface, being sold in hoards for USDC, which can then be redeemed for US dollars at Circle. This is not unique to just HTX -slash -Huobi, though. We have seen similar developments on Binance, albeit without the STUSD -T sleight of hand, since the SVB collapse, CVD shows an $8 .9 billion difference for the USDC -USDT pair, indicating $8 .9 billion of USDC buying while selling Tether on Binance. Even if you remove the first month post -SVD collapse, the CVD for the pair is still plus $4 -5 billion of net buying for USDC. Also according to Arkham, Binance wallets preceding the SVB crash to today are minus $4 .27 billion USDC and up $384 .1 million Tether. Let's also note Binance's curious relationship with TUSD. On March 15th, mere days after the SVB collapse and Binance re -enabling USDC trading on the platform, 0 % fee trading on little -known TUSD was enabled for the Bitcoin, ETH and BNB pairs. While zero fee trading is obviously anything but organic, the chart comparing Bitcoin to Tether pairs versus Bitcoin to TUSD pairs is something to behold. Dylan then shows a chart of Bitcoin TUSD volume absolutely leaping up. He then adds, but to be fair, it was an expected development from the 0 % fee trading promo. The real interesting chart, Dylan continues, is a look at the TUSD outstanding supply and the timing of its largest mints. Convenient timing for billion dollar increases in the stablecoin sent directly to Binance at a time where zero fee trading is enabled. Quite the timing, isn't it? Never mind that TUSD attestations are blatantly unreliable and shady, and its largest mints are coincidentally timed perfectly with market sell -offs. But the world's largest exchange is promoting said stablecoin with zero fee trading for its largest pairs? By the way, let's note the token distribution for TUSD, shall we? Dylan then shares a chart from Arkham that shows the vast, vast majority of TUSD controlled by either Binance or entities associated with Justin Sun. Dylan wraps up, One, Sun is creating a web of deception in order to siphon USD liquidity out of crypto using a multitude of fake stablecoins. And dare I say, he is a fraud. Two, CZ and his embrace of TUSD, despite it being very suspect, is also ominous and reeks of desperation. Three, TUSD minting patterns during sell -offs are suspect and must be noted. Four, Huobi users get out of USDT into another asset and withdraw immediately. Number five, it's no wonder the Chief Strategy Officer for Circle is saying that the crypto ecosystem is blatantly counterfeiting USD. Alright guys, back to NLW. Now Justin Sun for his part responded to this just by blocking Dylan. I haven't seen any commentary specifically addressing this, and I also haven't seen any follow -up reporting from other outlets like Blockworks or Coindesk, but what I do see is a lot of people retweeting this, quote -tweeting this, and saying basically, this is something that needs to have an eye kept on it. Travis Kling said, read this. Now imagine a world where we collectively held our leaders to some semblance of accountability, where Justin Sun would actually have to respond to this thread thoughtfully and with evidence rather than post four. Why don't we demand a world like that? Well, friends, it is in that spirit that I share this Long Read Sunday. Go check it out, and let's see if we can't start the next bull run in a much cleaner, better, more above board kind of space. Until next time, be safe and take care of each other.
A highlight from 1415: Bitcoin Will Soon Hit $500,000 - Winklevoss Twins
"Welcome everybody to Crypto News Alerts, the number one daily Bitcoin pod. In today's show, I'll be breaking down the latest Bitcoin technical analysis as Bitcoin recaptures $27 ,000 and quoting Max Keiser, the high priest of Bitcoin, Bitcoin is the North Star guiding to the only safe haven asset in the world that protects against inflation, confiscation and censorship preach. Also in today's show, Ethereum futures ETFs can start trading as early as next week. According to top Bloomberg analysts, we'll also be discussing the SEC pushing back the deadline for spot Bitcoin ETF apps, definitely not a good look. And speaking of ETF apps, I'm also going to be sharing the five highlights of Gary Gensler's evasive testimony before Congress quoting Senator Warren Davidson. Gary Gensler's tenure at the SEC highlights two key problems. Number one, Gary Gensler's problem and number two, the SEC's structural problem. That's why I introduced the SEC Stabilization Act to fire Gary Gensler and restructure the SEC. Let's freaking go. Also in today's show, crypto analyst Michal van de Poppe predicts a very positive quarter four for 2023. I'll be sharing his targets in which he outlines. We're also going to be discussing the SEC's inaction on the spot Bitcoin ETF is a complete and utter disaster, according to the Winklevoss twins. And speaking of the Winklevoss twins, I'm also going to be sharing with you their $500 ,000 Bitcoin price prediction, which they say is coming soon. 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. This is pod episode number 1415. I'm your host JV. Today is September 28, 2023 and Bitcoin is finally back above 27 ,000 as we're pumping right when I hit the live button. We're currently above 27 ,100 up over 300 % today and we continue climbing. Welcome everyone in the live chat. I gracefully appreciate y 'all. Yeah, who knows? Maybe we'll hit 28 ,000 by the time today's live stream is over. Let's see. And make sure to let me know where you're tuning in from in that live chat as I'll be giving everyone a shout out towards the end of the show. And with that being shared, fam, now let's dive into today's market watch. As you can see here, every major crypto back in the green. Bitcoin above 27 G's. We got Ether up three and a half percent trading at $1 ,655 BNB, XRP, Cardano, you name it. And checking out coinmarketcap .com, we're currently sitting above $1 .07 trillion with about $26 billion in volume in the past 24 hours, Bitcoin dominance at 49 .1 % and even the Ether dominance on the rise today at 18 .5 % and checking out the top 100 crypto gainers of the past 24 hours, holy moly, compound up 20 % trading under 49 bucks, followed by Thor chain up 13 % trading at $1 .94, followed by Lido Dow up 8 % trading at $1 .59 and checking out the top 100 crypto gainers of the past week, massive gains, which we love to see, especially after a pretty bearish altcoin season to say the least. We got CompLead in the pack here as well up 20 % and Rune up 13 .4 % and RLB up 13 % and checking out the crypto greed and fear index, we're currently rated a 46 in fear yesterday at 44 last week, a 47 and last month, a 39 in fear. So there you have it, fam. How many of you are currently bullish on Bitcoin and how many of you took advantage of the recent dip? If so, let me know. It's good to see we pump in once again. So hopefully those positions are now in the green. Now let's break down today's Bitcoin technical analysis, check out the charts and why specifically the market is pumping right now. Here we go. Let's get it. Bitcoin hit new weekly highs after the September 28th Wall Street open as markets awaited fresh cues from the US Federal Reserve. And here you can see in the Bitcoin one hour Campbell chart, pretty freaking bullish to say the least. Data from Cointelegraph and TradingView showed Bitcoin price strength staging a comeback, having delivered what some referred to as a classic pump and dump 24 hours prior during the performance. Bitcoin hit a high of 26 .8, which appeared on Bitstamp as a result of 2 % daily gains before Bitcoin retraced all of its progress, then a slower grind higher than took hold with the bulls edging closer to 27 ,000, which we finally just recaptured here a few moments ago. Now GDP for quarter two grew by 1 .7 % year on year below the projected 2%, while the PCE index data for August came in in line with the expectations, quoting analyst Keith Allen, bring on the volatility. Now meanwhile, data from Binance's order book uploaded by Allen showed little by way of resistance standing in the way of the spot price under the 27 ,000 mark. So as you can see, just more bullishness for the king crypto, the macro data constituted just the prelude of the day's main event. Meanwhile, Jerome Powell, the chairman of the Federal Reserve due to the comment later on today, Powell, whose recent words failed to deliver noticeable volatility to the crypto markets was due to speak at the Fed's conversation with the chairman, a teacher town hall meeting event in Washington DC at 4 p .m. Eastern today. Now commenting on the state of play on Bitcoin markets, popular trader Dan crypto trades was a little more optimistic around the strength of the day's move compared to yesterday, September 27th, quoting him here back to yesterday's highs, but with considerably less open interests. No doubt there is longs chase in here, but it is less frothy than it was yesterday. Would still like to see longs chill out and not get to a full retrace later on. So there you have it. Let me know if you agree or disagree with the analysts. Meanwhile, quoting another analyst, right, capital Bitcoin is right back at the bull market support band cluster of moving averages, challenging to break out beyond them. Let's freaking go. Now, elsewhere in the day's analysis, he acknowledged that 29 ,000 could make a reappearance and still form a part of a broader come down for BTC. As he shares here, it's important to remember the Bitcoin could technically rally even as high as 29 ,000 to form a new lower high, which would be phase A and B. He explained alongside this chart. So there you have it. Let me know if you are currently more bullish or bearish on the King crypto and quoting the high priest of Bitcoin, Max Kaiser, Bitcoin is the North star guiding to the only safe haven asset in the world that protects against inflation confiscation and censorship preach. Now welcome to y 'all just joining us in today's podcast. As always, I appreciate everyone's daily support and means the world. And now let's discuss our next story of the day as Bitcoin continues to pump, shall we? We're going to be discussing the Ethereum futures ETFs, which can get approval. They say potentially as early as next week. So let's break this one down, shall we? Ether futures ETFs could start trading for the first time in the United States as early as next week. According to top Bloomberg analysts on September 28th, which is today, Bloomberg intelligence analyst, James Safart said in an ex post, it was looking like the sec is going to let a bunch of Ethereum futures ETFs go next week. Potentially. His comments were in response to fellow ETF analyst, Eric Balchunes, who said he was hearing that the U S SCC wanted to accelerate the launch of Ethereum future ETFs quitting him here. They want it off their plate before the shutdown, he said, adding that he's heard various filers updates on their documents by Friday afternoon so they can start trading as early as Tuesday next week. As outlined here on X. Now the U S S government's expected to shut down at 1201 a .m. Eastern on October 1st. If Congress fails to agree on or provide funding for the new fiscal year, which is expected to impact the country's financial regulators amongst federal agencies. Now neither specified their sources for the latest update on the long list of crypto ETFs in the queue. There are currently 15 ether futures ETFs from nine issuers currently awaiting approval. According to the analysts in a September 27th note, which is yesterday, companies proposing an Ethereum futures or hybrid ETF product include VanEck pro shares, grayscale volatility shares bitwise direction, as well as round Hill. The analysts gave ether future ETFs a 90 % chance of launching in October with Valkyrie's ether exposure on October 3rd, quoting them here. We expect pure Ethereum futures ETFs to start trading the following week, thanks to volatility shares actions. However, we don't expect all of them to launch. So do note that now as previously reported that ether futures ETFs may be approved in October causing the 11 % spike in ether prices and probably why the Ethereum dominance is up as it's been stagnant and down for quite some time. Ether prices are on the gain, currently just under $1 ,700 and we'll see how high we continue to pump, but do note crypto future products aren't as hotly as anticipated as their spot based alternatives. There are already been Bitcoin futures ETFs approved in the United States since 2021, which is a fact, which leads us to the million dollar question. Why have they approved a futures ETFs, but continue to deny and delay all the spot ETFs? We're going to be getting to that a little later as I share with you the highlights from Congress pressing the chairman of the SEC, Gary Gensler. It's going to get very interesting here in a little bit, but now let's dive a little deeper and discuss specifically the spot Bitcoin ETFs and what is happening and why they're being pushed back and the latest updates of where we're currently at. So here we go and welcome y 'all just tuning in. Make sure to smash that like fam. The US SEC has delayed deciding whether to approve or disapprove spot Ether ETFs. And like I said, we're going to be getting in October potentially get some approvals, but in separate notices filed September 27th, the SEC said it would designate a longer period on whether to approve or disapprove these proposed changes. The commission finds it inappropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised there within. The delay came the same day as the NASDAQ market filed the proposed rule change with the SEC for listing its mix ETH basically ETF, a combination of Ether holdings and futures contracts and also proposed rule changes with the New York Stock Exchange, ARCA for the Grayscale Ethereum Futures Trust, hashtag Bitcoin Futures ETF and the CBOE BXE exchange for the Franklin Bitcoin ETF were all filed. September 27th, that's right. If you're not familiar with Franklin Templeton, there are one and a half trillion dollar asset manager. They're also applying for an ETF. Now the SEC announced September 26th, it would designate a longer period to decide on these spot ETF applications. And as James Safart shares here, here's VanEx delay as expected. So another one, I mean, exactly what we were expecting from the SEC. Now in August, ARK investment manager, founder and CEO Kathy Wood speculated that should the SEC move forward with the spot ETF approvals, it would allow multiple listings simultaneously to avoid giving any single company an advantage over another in the market. Her remarks came before Grayscale Investments won a court battle with the SEC over its spot Bitcoin ETF app, which will likely be reviewed in which they're trying to turn their GBTC product into a spot ETF. So hopefully it happens. To date, the SEC has never approved the spot crypto ETF in the United States, but has allowed the listing of crypto linked futures ETFs and a leveraged Bitcoin futures ETF. Manipulation, fam. The next deadlines for the spot crypto ETF apps from firms, which include the largest asset manager in the world, BlackRock, Wisdom Tree, Invesco, Galaxy, Valkyrie, Bitwise and Fidelity are all scheduled for October. So we'll see how this is likely to play out considering October is now only three days away. Are we going to get some ETF approvals by then? Who knows? I think more than likely they're going to push it back again. However, Congress right now is pressing Gary Gensler to approve a spot Bitcoin ETF and ETPs immediately. So now let's break this down. If you missed Gensler, he was pressed by Congress just yesterday. And I know it's on everyone's mind. So let's break down some of the highlights from this recent hearing with Congress and the chairman of the SEC, Gary Gensler. Let's break it down, shall we? Here we go. Blame for kneecapping capital markets in the U .S. and slam for dodging questions around Bitcoin and Pokemon cards. SEC chair Gensler appears to have had one hell of a grilling from Congress this week. September 27th, the U .S. SEC chief again found himself in front of lawmakers in a scheduled hearing to discuss his agency's oversight of the markets. Here are some of the highlights. First and foremost, you are the Tonya Harding of security regulations. We should create a Gary Gensler diss track, right? One of the more colorful analogies came from U .S. Representative Andy Barr, who accused Gensler of kneecapping the U .S. capital markets with regulatory red tape. Barr referred to the old testimony from Gensler where Gensler argued that the U .S. is the largest, most sophisticated and innovative capital market in the world and that shouldn't have been taken for granted as even gold medalists must keep training. With all due respect, Mr. Chairman, if the U .S. capital markets are gold medalists, you are the Tonya Harding of securities regulations. Ouch. You are kneecapping the U .S. capital markets with an avalanche of red tape coming out of your commission. Preach. Barr is presumably referring to a scandal where U .S. ice skater Tonya Harding, I'm sure you all remember the story, I was a kid when this happened, and an assailant to attack her rival Nancy Kerrigan in the lead up to the 94 U .S. Figure Skating Championships and Winter Olympics. Kerrigan ended up not competing in the U .S. Championships and here is John Dickens who shared it here. Mr. Barr to Gensler, it's hilarious, you gotta watch these clips for yourself if you haven't seen them. So the next highlight, I wish the Biden administration would say, you are fired. That's right, shout out to Warren Davidson who also ripped into Gensler saying he hoped that the Biden administration would fire him. Powerful words. Davidson accused Gensler of pushing a woke political and social agenda and abusing his role as the SEC chairman. Preach. Massive shout out to the senators here doing their job. Damn good job. The U .S. Representative added that he hopes that the SEC Stabilization Act he introduced with fellow representative Tom Emmer could make it happen. Quoting him here, you're making the case for this bill, which is the SEC Stabilization Act. Every day you're acting as a chairman, he concluded, and Gensler wasn't even given a chance to respond. Now next highlight, Gensler reiterates Bitcoin isn't a security. That's right. When asked by U .S. House Committee Financial Services Chair Patrick McHenry whether Bitcoin is a security, Gensler eventually relented stating the Bitcoin didn't meet the Howie test. Quoting him here, it does not meet the Howie test, which is the law of the land. Then McHenry suggested Bitcoin must be a commodity, which Gensler avoided answering. Mr. No Clarity Gary, hence how he got the nickname, saying the test for that is outside the scope of U .S. security laws. Mr. Gensler, we're living in a clown world with this guy. Henry also suggested that Gensler try to choke off the digital asset ecosystem facts and refuse to be transparent with Congress about the SEC's connections with the FTX and former CEO SBF facts. Gensler also wasn't given the chance to respond to the claims made by McHenry. Next highlight, are Pokemon trading card securities? Gensler says it depends. Can't make this stuff up. Quoting Representative Richie Torres, I cross -examine SEC Chair Gensler about the term investment contract, which is key to determining his authority over crypto. Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are defeating and damning. Suppose I was to purchase Pokemon card. Would you constitute a security for this transaction? Gensler responded, well, I don't know the context before eventually concluding it isn't a security if you purchased it in a store. And then Torres asked if I were to purchase a tokenized Pokemon card on a digital exchange via the blockchain. Is that then a transaction? And then Mr. No Clarity Gary said, I'd have to know more because I don't know anything. Yeah, you can't make this stuff up. Gensler then explained to it when it's investing the public can anticipate profits based upon the efforts of others. Then the core of the Howie test, which it is, Torres called Gensler's evasions as damning to say the least. And the next highlight, a sign of defiance. Meanwhile, amongst the back and forth cross examinations between Gensler and representatives, the eagle eyed observers noticed a Coinbase stand with crypto logo behind the SEC chairman. Isn't that interesting? The Coinbase led initiative is a 14 month long campaign that launched back in August aiming to push crypto legislation in the United States. Coinbase also ran a stand with crypto day, which took place in Washington, D .C. September 27th to advocate for better cryptocurrency innovation and policy. So again, shout out to Warren Davidson, Tom Emmer, all the senators for holding Gary Gensler accountable. Hopefully they do something about it. What's your thoughts, fam? Do you think Gary is likely to listen to them and follow their instructions and approve a Bitcoin ETF immediately? Or do you think he'll continue kicking the can down the road as long as possible until he leaves his position as the chairman of the SEC? Let me know your honest thoughts in the comments right down below. Now let's break down the latest prediction coming from crypto analyst Michael Vanay Pop for some price actions for Bitcoin for the fourth quarter, which we are currently in for 2023. Then we'll break down the latest from the Winklevoss twins and their five hundred thousand dollar Bitcoin price action as the price action of Bitcoin continues to pump, baby. Let's go. Here we go. Let's break this baby down. Crypto trader Michael Vanay Pop is expressing bullish sentiment on Bitcoin in the coming months. Despite the recent struggles in a new video, he says that Bitcoin is on the cusp of reaching levels that offer accumulation opportunities per inch. According to the analyst, the trader Bitcoin could subsequently start an uptrend. Ultimately, Bitcoin is into an area of consolidation here, which makes it very likely we're going to have to retest here at twenty five, six and twenty five eight. If we are having a recess in that region, then there is this zone where I want to start buying my entries because of the recess, which is the ultimate recess. And if we're not going to get that, the flip to twenty six thousand five hundred, that is going to be the area where I think I want to activate my positions as well. And then we can start targeting twenty eight thousand. And then we can also start targeting the higher numbers, thirty thousand dollars plus or even more in the projection of quarter four. That is going to be very positive overall. Let me know if you agree that we'll have an overall positive quarter as we about to enter October. Let's go. Vanay Pop also says Bitcoin's current price action is similar to what was witnessed in the prior pre halving year, quitting him again. As long as we stay above the 200 week exponential moving average, we most likely are going to continue to the upside. And it starts to be very comparable to the period that we witnessed in 2015 and 2016. In this case, we needed it, but we started to consolidate and start to trend up afterwards. It is very likely to this period to slowly but surely the price starts to crawl up. And then we are going to have a case of the upside in the markets overall. And to watch this video analysis, the analyst did check the show notes below the video in the description. It's entitled Bitcoin price. I am looking to buy. So there you have it. And let me know if you agree or disagree with the analysts and are you currently bullish on the King crypto or do you think we're going to dip and test the lower levels? Let me know your honest thoughts, fam. And now let's break down our next story of the day. And the Winklevoss twins on the spot, Bitcoin ETF continuously being basically denied and kicked back and pushed back for the past decade. And then we're going to dive into their half a million dollar Bitcoin price prediction and why they're so confident that the Bitcoin price is going to hit their big target. So here we go. Let's discuss them with the SEC first. This was a story which was, let's see when their tweet was actually, let's scroll down. This is Cameron Winklevoss. This was actually on July 1st, it got 1 .1 million views. Now let me read the tweet. Today marks 10 years since Tyler and I filed for the first spot Bitcoin ETF. That's right. Over a decade ago, the SEC governor's refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why. They protected investors from the best performing asset of the last decade. They pushed investors into toxic products like the Grayscale Bitcoin Trust, GBTC, which trades at a massive discount to NAV and charges astronomical fees. They pushed spot Bitcoin activity offshore to unlicensed and unregulated venues. They pushed investors into the arms of FTX, subjecting them to one of the largest financial frauds in modern history. Preach. Maybe the SEC will reflect on its dismal record and instead of overstepping a statutory power and trying to act like a gatekeeper of economic life, it'll focus on fulfilling its mandate of investor protection, fostering fair and orderly markets and facilitating capital formation. This would have led to much better outcomes for US investors. Preach. In the meantime, best of luck to all those fighting the good fight to bring the US spot Bitcoin ETFs to life onwards. So much respect. I mean, 10 years of denying this ETF. I mean, you can't make this stuff up. I think they shared perfectly some of the reasoning. It's to hurt the investors and keep you poor and keep you wrecked and keep you desolate and dependent upon a broken government that threw us overboard so frickin long ago. So much respect to the Winklevoss twins. If you didn't know, they're the owners of the Gemini exchange and they were the very first ever to submit the spot Bitcoin ETF app to the SEC over a decade ago. And obviously they're sick and tired of Gary Gensler, his no clarity and his shenanigans. Just like the rest of us, it's time to fire Gensler. If you think Gensler should be investigated and potentially fired, let me know in the comments right down below and I'll be reading your comments out loud here in a little bit. Now for our breaking story of the day, let's discuss the Winklevoss twins and their case for a $500 ,000 Bitcoin price, which they believe is coming soon. So let's break this down, shall we? And welcome to y 'all just joining us in the live chat. Much love and much respect. So here we go. Winklevoss twins' prediction, Bitcoin will soon hit $500 ,000 per coin. And why? And again, shout out to Tyler and Cameron. Let's get, we already know their background, early Bitcoin investors, OGs, early investors as well with Facebook. Some claim that they're the real creators of Facebook and Zuckerberg stole it. But nonetheless, in a recent interview with the National News, the twins explained they remain convinced of the future of crypto. The main reason is the revolutionary and technical properties as well as the potential of Bitcoin to act as a store of value similar to gold. And in addition, crypto has many other advantages, mainly through programmability. Hence, the Winklevoss brothers believe that Bitcoin could even replace the precious metal. In the long term, Tyler Winklevoss shared the following. If you look at the properties that make gold valuable, Bitcoin matches each attribute or does better. The gold disruption story of Bitcoin is super powerful. We believe in it. Tyler Winklevoss explained his reasoning for the $500 ,000 Bitcoin price action, quitting him here. If you do the math, 21 million in the supply of Bitcoin, the market cap of gold, let's say it's 10 trillion, maybe it's 11 trillion, somewhere in that ballpark, that puts one Bitcoin if it disrupts gold and gets that market cap at $500 ,000 per coin. The two brothers did not want to give specific investment tips. However, Cameron reveals the strategy that they use, which is generally the simplest, which is simply HODL. Hold on for dear life, quitting him here. Generally speaking, if you subscribe to Bitcoin being a store of value type investment, then that strategy is HODL. The same way you would HODL gold is you buy and HODL long term investments. So according to the Winklevoss twins predicting the Bitcoin price will hit $500 ,000, they say predictions are difficult, but they believe that Bitcoin will hit the milestone within a decade. And when they were more recently interviewed and asked, where do you see Bitcoin in five years time? Here's what Cameron Winklevoss responded. We usually take a decade view on it. When we wrote a piece on the value that predicted it being $500 ,000 Bitcoin, we said within the decade. And I believe they wrote that in 2020. So they're basically saying by the year 2030, they're anticipating a $500 ,000 plus Bitcoin price with Bitcoin overtaking that of gold as far as the market cap. Now is that in three years from now or nine years? The timing part is hard, but I think the Bitcoin created $1 trillion worth of value in under a decade. That is fact. I believe back in November of 2021, Bitcoin's market cap surpassed a trillion dollar milestone and the total crypto market cap surpassed $3 trillion. But as of today, we're closer to a $500 billion Bitcoin market cap with the entire crypto market cap down to a trillion. Now, it also spawned many huge productions such as Ethereum and the entire asset class. He continues. If you look at the value increases in Bitcoin, it is this punctuated equilibrium where it is steady, steady, steady, and then boom, it reaches a new price level. This is the new normal. So it can happen very quickly. So there you have it, fam. Ultimately saying when Bitcoin takes off, it explodes quick and vast. And especially considering that two of the most bullish catalysts in Bitcoin history were on the cusp of. Six months away from a Bitcoin halving, we all know the Bitcoin cycles every four years, it drives the Bitcoin price up as it increases the scarcity as well as increase demand, basic stock to flow, numbers must go up. And we also have the approval of a Bitcoin ETF likely to take place in 2024, especially with Congress on Gensler's. But we also have the ETF experts such as Eric Balchunes given a 95 % chance probability that a spot Bitcoin ETF likely get approved in 2024. Those two catalysts will absolutely make Bitcoin rip to new all time highs entering price discovery mode like we have never seen before. So how high do you think the Bitcoin price will likely climb by the time of this next halving? Roughly six months out, scheduled to take place sometime in April of next year. Let me know your thoughts in the comments right down below. 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.
"july 1st" Discussed on WTOP
"From July 1st till now took longer than 15 seconds to answer. Many took several minutes. In a statement the OUC says are working to increase their staff offering $2 ,500 hiring bonuses and developing a junior academy to attract high school students to the career. Luke Lugard, WTOP News There may be something that looks a little sketchy about those social media political ads these days. That social media political ad you're watching may use artificial intelligence but soon Google and YouTube will have to tell you that. This as voices and faces can be changed and made to basically say anything Google says in an update to its political content policy that a closure that AI was used must be prominent and somewhere where users are likely to notice it. Fate images video and aren't new in political ads but AI is making it easier to do and more realistic looking. Some 2024 presidential campaigns including that of Florida Governor Ron DeSantis are already using it. Allison Keyes CBS News. A Prince George's County police officer has been suspended. It happened after video surfaced showing officer the and a woman embracing before climbing into the backseat of his patrol car. Children can be heard and seen playing nearby in the 47 second cell phone video shot by Nelson Ochoa of Clinton Maryland. shows The video the officer and the woman hugging near his police vehicle before getting inside. Well I couldn't believe what I was recording because uh it's not something that you see every day you know a cop going to the back of the patrol car in the uniform to do I don't know what. Ochoa says he shot the video at Carson Park in Oxon Hill
Monitor Show 23:00 09-06-2023 23:00
"Interactive brokers, clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances rate subject to change. Visit IBKR dot com slash interest rates to learn more Friday at 6 p .m. Eastern right here on Bloomberg Radio. And that does it for this episode of Bloomberg Best. I'm Justin Milliner. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg dot com and the Bloomberg Business Act. This is Bloomberg Radio. A heatwave is expected to bring 100 degree temperatures to tens of millions of Americans this week. The eastern and central U .S. were sizzled over the holiday weekend, with some cities seeing record highs. It was in the 90s Tuesday in places like Philadelphia, Washington, D .C., New York City and Chicago. The Biden administration says North Korea will pay a price if it provides weapons to Russia for its ongoing war in Ukraine. We will continue to call on North Korea to abide by its public commitments, not to supply weapons to Russia that will end up killing Ukrainians. National Security Adviser Jake Sullivan told reporters today discussions between the two countries are actively advancing. He said Russia's defense minister recently made a trip to North Korea to ask for weapons. A Georgia judge says the state can resume its ban on health care for transgender youth. Senate Bill 140 initially took effect July 1st, but Judge Sarah Garrity put the bill on hold, saying transgender children faced imminent risks from the health care ban. On Tuesday, Judge Garrity announced keeping the injunction in place is no longer possible due to a ruling that allowed a similar ban in Alabama to take effect. California U .S. Representative Josh Harder is introduced to the bill.
A highlight from SBF Behind Bars: Why Revoked Bail Is a Big Deal for Cryptos Biggest Trial - Ep. 533
"In my experience, some defendants, some clients, when they're open in prison, they'll retain. They really want or are more interested in pleading. 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 at Forbes, was the first mainstream media reporter to cover cryptocurrency full -time. This is the August 18th, 2023 episode of Unchained. Arbitrum's leading Layer 2 scaling solution offers you ultra -cheap and lightning -fast transactions, all with security rooted on Ethereum. Visit arbitrum .io today. Today's episode is brought to you by Overtime Markets, your premier Web3 sportsbook. The innovative protocol is changing the game one match at a time. Powered by Thales, explore more at OvertimeMarkets .xyz. With the Crypto .com app, you can buy, trade, and spend crypto in one place. Download and get $25 with the code LAURA. Link in the description. If you've been enjoying Unchained and find the discussions here fascinating, mind -blowing, or as crypto tends to be, downright bonkers, please share this episode with a friend to keep the conversation going. Today's guest is Brian Klein, partner at Waymaker. Welcome, Brian. Thanks for including me and having me on the show, Laura. I'm a big fan, and I've listened to many of them. Excited to have you. Former FTX CEO Sam Bankman -Fried had his bail revoked, and he got sent back to jail last week. What appears to have tipped things over the edge was that he leaked parts of Caroline Ellison's diaries to the New York Times. And Judge Lewis Kaplan said when he revoked the bail that he believed SBF had likely intended to get two witnesses to back off and not cooperate as fully with the government, Caroline Ellison being one of them. Do you agree with the judge's decision on this, and do you agree that those were likely Sam's intentions? Well, I think the defense has said those weren't Sam's intentions, and obviously the government took a different view and the judge agreed with the government. Judges do take that very seriously. Usually a condition of release for any defendant is you not contact any of the other witnesses in the case, and that you'd not try to do things. And just a general precept of that is you not try to do anything that would intimidate them from coming forward and testifying, especially when they've been identified. And there you're referring to how we contacted the former general counsel via text message, kind of implying that you should try to be on the same team. Is that what you're referring to? Well, I think that can be one thing, contacting somebody directly. There may be reasons you would contact someone, though. For example, you may still have business dealings or other things. Sometimes you will clear that through your lawyer or even through the court and have a carve out. That wasn't done from what I know in this case. And as for the Karen Ellison situation, I mean, what's been reported is he had a meeting with a New York Times reporter at his house or his parents' house and provided his diary to the reporter. And the story came out and it was somewhat salacious. And I think the judge and the government felt that that was a way to try to get her to back off from wanting to testify, bullying truthfully at this trial. She is an expected witness, one of the government's key witnesses, from what we know. And I think there have been a number of other incidents that had gotten the court's attention about Sam when he's been out. And so I don't think people were surprised that he was detained. I think most people I've talked to were surprised he wasn't detained from the start. And so now that he's detained, though, that really does change a lot of the dynamics or preparation for trial. And it does make it much tougher on the defense to prepare for trial. And just a quick point. I think at the time of his extradition from the Bahamas, there was speculation that the reason he was released on bail was that he had made it a condition of his extradition. Do you think that theory holds water? Oh, yeah, it's very possible. A lot of times when a client is being extradited, if they agree to waive extradition, which is what happened here. So he stopped his fight in the Bahamas and said, I will come back. That often is something that the defense will try to negotiate with the government because it is important for a defense lawyer to have full access to their client and just having your client available to answer the phone, meet with you, respond to emails, look at all the discovery. It's just a thousand times easier when they're out and at a residence or somewhere that you can quickly do that with them. Now, Sam is in detention. He's in jail and he was much more limited access. So it's just a much harder preparation for trial, much harder for the defense to work with their client. And his side has appealed his detention. How likely do you think it is that they'll prevail? I don't think it's likely. I think it's a tough road for them. I understand why they would appeal and they filed it. We haven't seen the briefings yet, so maybe there are arguments I'm not aware of. Judge Kaplan is a very well respected member of the bench here in the Southern District of New York, a very seasoned judge. I haven't read the transcript of that hearing, but I'm sure he documented his reasons very well and is given a lot of discretion under the rules. So I think it's unlikely that it would be changed. Again, judges are given a lot of discretion in this area of the law. So walk me through now what it is like when the defendant's side is preparing for trial under conditions similar to what he had at his parents' home under bail versus what it will look like now that he's in Metropolitan Detention Center in Brooklyn. Sure. So when someone's out, I mean, they may be restricted in terms of where they can go otherwise, but they're always given access to their lawyers. That's one of the almost always a carve out is that they can go to meet with their lawyer. They can get on the phone with their lawyer. Usually you're given the ability to email with your lawyer, sometimes not hanging on the crime or the alleged crime. And so that depends, but it's just like anything else. You can pick up the phone and call your client and talk through an issue or you can invite your client in, or you can go meet with your client and look at documents together. And it's just, there's no set times or hours you can do that. Once someone's been detained, those facilities have lots of other people there. They have their rules about when you can come, they have lengths of stay, you can stay. In entry, you could probably show up in the morning and stay a long time, especially in the lead up to trial, but you're bringing documents in and out. Your client is now detained. Sometimes there is a lockdown at the facility. No one can get in or get out. Sometimes, you know, there's some other incident that makes it hard to see your client. And so it's just a much more restricted interaction and it makes things a lot more difficult. You can't just do things on the fly. You have to really sort of plan more ahead. Again, it's not impossible. Many people are detained and prepared for trial with their lawyers and it's affected, but it just is a hurdle that defense lawyers really don't like to have. They don't have to, of course. And you know, it affects the client, it affects the defendant. I mean, he is now getting, he had some, he was detained a little bit in the Bahamas for a short period of time. Now he's going to be detained leading up to trial. A lot of prosecutors view that as a favorable thing. A lot of times, I think it's sometimes more likely that the defendant will choose to plead guilty once they've been detained for a number of reasons. So it's just overall, it's an advantage to the government and a disadvantage to the defense when someone is detained. And just a quick question. Earlier when you said that the defense lawyers will have to bring documents in and out, do you mean that they can't just go over things on a laptop together, but they have to literally print out physical documents and bring those in? You can get permission to bring a laptop in. It has to be usually a laptop that just has those documents on them. And so it's just more cumbersome overall. And the client, the defendant can keep documents in their cell. They are usually given a box and it's marked attorney -client approach or something like that. It depends on the jail. So there is a way to do things. And for them to hold documents or view them on their own, it's just more cumbersome. You know, they can't just come to your office and go work in a conference room and have lots of boxes of documents around them and be shuffling through them and looking through them with you. You know, these rooms typically where you meet them are small, very small conference rooms, not comfortable. The lighting isn't great. You know, this is a jail, right? It's not designed for comfort or for ease of meetings. The jails take their mission seriously in my experience of giving the lawyers access. You get more access than just the, his parents will get to him. Again, it is a burden and it wouldn't surprise me. I'm not saying this will happen, but it wouldn't surprise me if the offense asks for continuance of the trial date based on this. It may be that Sam does not want a continuance because he's there and he wants to get the trial as soon as possible, but the additional burden may mean there is a request for a continuance. Which means a delay in the start date of the trial? Yes, possible. This will lead to a request for that. The signs do not point to that right now, to be clear, but that is possible. And you also said that in this type of situation, the defendant is more likely to plead guilty. What do you think the odds are of that? Sometimes the defendant is more likely to plead guilty. But yes, I think, I think in this case, the odds are not high. I mean, this case has been litigated for months now. The charges are serious and extensive. There's been no indication that there are plea discussions. Every side has been filing motions, doing the things you would do as if you're really preparing for trial, not engaging in plea discussions. I'm confident just because I know how the process works. In any case, there is at least some back and forth about the possibility of a plea, whether the defense asks about it or the government just says, hey, if your guy's interested, here's what it would look like. So that probably happened at some point. But whether there's ongoing discussions, I don't know. It's just in my experience, some defendants, some clients, when they're open in prison, they're written tain. They really want or are more interested in pleading. Part of that is because the jails typically are much, you're in a mixed population with lots of other defendants, both people accused of violent crimes and nonviolent crimes. Whereas if you're a white -collar defendant and you plead guilty, oftentimes you'll get sent to a camp, which is a much more humane facility, much more comfortable, not saying it's comfortable, but more comfortable. And you're usually only in with non -violently accused defendants. So you're not with like violent drug dealers, for example, or if you're at a camp, typically. So your fellow prisoners are more like you if you're a white -collar defendant. And so usually people, when they're out, they're not dealing with that sort of situation. Sam was at his parents' home, which is presumably a comfortable, nice house in the Bay Area. Now he's sharing a prison cell or maybe by himself because he's a high -profile defendant, but he's in an uncomfortable prison cell. In a moment, we're going to talk about why it is that Sam didn't just plead guilty. But first, a quick word from the sponsors who make this show possible. Overtime Markets is your premier Web3 sportsbook. Overtime is an industry -leading Web3 protocol where users can immerse themselves in the thrilling world of sports. Leveraging the benefits of decentralization and blockchain technology, Overtime leads the charge in innovation, all the while offering fans juicy token rewards for sports events. Overtime supports over 40 leagues and utilizes advanced smart contracts to ensure a seamless user experience. Discover the future of sports trading at OvertimeMarkets .xyz. Arbitrum stands at the forefront of innovation as the premier suite of Layer 2 scaling solutions, bringing you lightning -fast transactions at a fraction of the cost, all with security rooted on Ethereum. From DeFi to gaming, Arbitrum 1 plus Nova is home to over 500 projects. And with the recent launch of Orbit, Arbitrum welcomes you to build your very own tailor -made Layer 3, or an Orbit chain. Propel your project and community forward by visiting arbitrum .io today. Back to my conversation with Brian. Sam is facing a trial in which three of his co -conspirators have already pleaded guilty. And as you mentioned, there are, like, numerous reasons why somebody in his position might do that. But why do you think he hasn't? You know, I'd be guessing like anybody, of course. I think there's a number of factors probably at play. One is, I suspect that the prosecutors, to the extent they offered a plea offering, they're not required to, to be clear. There's no obligation to engage in plea discussions. There's no legal requirement that there be a plea offered. Sam could always walk in any day and plead guilty to any of the charges. He's obviously pled not guilty. But if the prosecutors have made an offer, and I suspect they have, it's probably for extensive prison time. I would guess 25, 30 years or more, you know, they're seeking if he's going to plead based on the allegations of the loss here, which are, you know, billions in the scope of the number of victims, alleged victims and everything. So, victims alleging the indictment. I suspect for whatever reason, you know, based on his own counsel with his lawyers and probably with his parents, he is not willing to consider that at this time. Now, again, his mind could change at any point, and he may ultimately choose to plead. But I think the moment for him to plead and get the most credit for it was early on, at that point, he could have pleaded. He could have cooperated in a sense with the receiver and done lots of things like, they would love to pick his brain and figure out what happened here and what all these accounts mean and everything, right? You can imagine, right? And so, the three who did, we understand are cooperating and they will get credit for that. Presumably, we have a judge who will sentence them, but he's chosen not to. So, you know, I guess if you watch his media interviews, they'll lead up to the charges. I don't think it's that surprising that he hasn't chosen to plead, because the way he talked about what happened, the way he's presented himself publicly, both before his arrest and since his arrest, does not give any indication that this person is someone who is inclined to plead guilty. Both sides filed motions in limine on Monday. Can you explain what that means and then also give an overview of what each side said? Sure. So, there's really two sets of motions typically in federal court in a criminal case. One set of motions is early on in the case where a defense might move to dismiss a case or suppress evidence. Call those substantive motions in a sense, and that happened here, right? The defense moved to dismiss the charges, the judge denied it. And that's over. Now, you're at the next phase of the case where you're getting ready for trial. In a trial, there's obviously a lot of things happening. Witnesses get up to testify, exhibits are being put into evidence. And so, both sides have sort of started to think about the trial, what it would look like, and they are telling the judge through their motions, hey, the other side shouldn't be allowed to make these arguments or introduce this evidence, or we want to make these arguments and introduce this evidence and you should let us do that. And they were looking at the rules of evidence typically, which govern that. And so, judges want this, they want these issues fleshed out before the trial started so that they get a sense of what the issues are and if possible, they rule on them because it allows a trial to proceed in the orderly of fashion as possible. And the way I think about it is like, if you look at a trial, it's not a perfect analogy, but it's like a play or a show, right? You want to know like kind of the framework of like, okay, how many characters are there and what are the props, right? And that's kind of what this is. Who can get up on stage and talk and what props can they use? And you want to know that before you start to play. You don't want it free for all when the play starts where everyone's just grabbing props in the back, trying to put them on the stage. And the stage manager, in this case, the judge, or the director, will be like, no, that shouldn't be out there. So, not the best analogy, but I think that sort of is what's happening here. One thing to keep in mind is judges often reserve rules. So, it's very often that you'll file motions and eliminate, and the judge will, with all of them or most of them, say, okay, I hear your issue, but let's see what happens at trial. Like, let's see if that really happens. Let's see what the government says, or let's see what the defense really does. Like, we need to see it play out a little bit. It's premature. That's a very common judge response to motions in the way. Now, some issues they will want to decide in advance. There might be some exhibits or some witnesses that are so provocative or incendiary that if even just allow it to come into play, would just, you know, cause a lot of problems later if they, if the prosecutor, like, mentioned it in their opening argument and said, we're going to introduce this evidence. And then later the judge excluded it. That could be a real issue, both for the government, maybe for the jury, and creating an appellate issue. So, judges do want to see this. They filed, both sides filed extensive motions, not surprisingly in this case. It's a broad case with a lot of evidence. So, both sides have filed those. They filed those earlier this week, the same day the latest indictment was filed. And the judge will then, with his clerks, review those motions, usually set up a hearing date and make decisions. I suspect some will be deferred, some will be decided on. Some of the ones that I noticed the government said were, hey, these are based on charges that have been removed from this particular trial, but we want to submit these types of evidence that are related to those anyway. They were around, like, political donations, straw donors, like foreign bribery. Do you think that will be allowed? I think it depends. I think that was one the judge made punt on a little bit. So, I think what the government did because of what happened in the Bahamas is we know they removed some of the charges, right? They dropped some of them. But now, in their latest indictment, they've angled with like, well, part of the motive or the reason he did this is so they have this money so he can do these things. So, motive in why someone committed, why you think someone committed a crime, is you're allowed to put into evidences across here, right? You needed the money to finance your high lifestyle. You need the money for whatever reason, or you need it to do this for whatever. So, motive is always permitted to come into play. The scope of how much motive you can get into and how much you can tie it back to the actual alleged offenses is in question here. I suspect the judge will let that be. He may limit it. He doesn't want what we call a trial within a trial, right? So, he's one of the trial to focus on the charged counts, not on counts that aren't charged. But typically, putting in motive is allowed, and I suspect he will permit that to come up. Maybe not to the full extent the government wants, but to some extent. And SBS lawyers also submitted their side, and they said that the prosecutors had repeatedly failed to meet the deadlines for turning over evidence to the defense. And as an example, they said that three days prior, the prosecutors had produced nearly 750 ,000 pages of Slack messages from Gary Wang's laptop and basically requested that the government not be allowed to use evidence produced to the defense after July 1st. What do you think is the likelihood that those requests will be granted? I don't think they'll be granted. That's a hard one for the judge to grant. There's two reasons why that. One is the judge could say, if you need more time, I'll give you more time for the trial, right? Okay, so there's an October date that you wanted, but you know what? We can pick a different date later on and give you more time. So, that's a typical response to that kind of thing. Again, if the government produced it like the day before trial or the night before trial or specific order on a specific date that wasn't meant, the judge might be more harsh on that. But we're talking about July and an October trial date. I don't think the judge will grant that motion. I think that's a defense preserving in the appellate issue or maybe keeping its options open for asking for continuance, which they probably are keeping in mind more than ever now that SAM has been detained pretrial. And so, I can understand why they might file that motion. I can see the strategic reasons to do it, but I think it's unlikely that the judge will grant that motion. And so, what can we expect these next several weeks before the case goes to trial? And what are you watching out for, whether it be something before the trial or at the start of the trial? Both sides are going to be working furiously. I mean, this is the go time for the trial. I mean, the government is going to be focused on getting its exhibits in order, meeting with its witnesses and preparing them to testify. Because remember, the government, the burden is on them. They go first. The defense doesn't have to call anybody. So, they're going to be meeting with their witnesses and they're going to have a number of witnesses. They're going to be going through the exhibits and there's a lot of documents to go through. They're going to be calling out what they think are the key documents. They're going to be coming up with a framework for their case in terms of the order of the witnesses. They're going to call and how. They're going to be preparing their opening statement. And they're going to even probably start thinking pretty soon about the closing statement. Because even though you think like, well, you wait to start your close until the trial is almost over, in this kind of case, you're going to need to start thinking about how it all fits together, like the entire play right now, right? So, if you go back to my analogy, you can't just think about the first act and second act and forget about the third act. So, I think they're very busy doing all that. They're probably still looking through and discovering things too. Doesn't mean they won't supersede the indictment again or maybe change a little bit like their focus, right? They're still learning about their case. This case has moved on very quickly for a big case, a multi -billion dollar alleged fraud here. You know, this has moved on very quickly. The defense is also equally busy. So, I'm sure they are doing this and I'm sure they do feel jammed up with getting stuff at the end. They're looking through all these documents too, all this data. They're working with their witnesses. They might have some witnesses they want to call. Both sides will likely call experts. In this case, I'm sure the government will call many experts, at least one or two. The defense may have some rebuttal experts or experts they want to call. Those experts, I think in this case, would focus on how cryptocurrency works, how blockchains work, and how maybe some of the financial mechanisms work here because they are complex. You need someone to distill it down and explain it to analyze the financial records. The defense is probably doing that too. In addition, you know, they're meeting with their client. They're coming up with their theory. They're doing their own investigation. They may be interviewing their own witnesses. So, both sides, I mean, it's a ways off October, but it's kind of a sprint at this point. I wouldn't be surprised if they're working pretty close to seven -day weeks right now and lead up to October. Because the last, you know, for every week of trial, let's say, you usually need at least two weeks of prep. And so, that's how you have to backload. This, you know, multi -week trial, they're going to be prepping starting many, many weeks more in advance. And if you were to guess how many weeks the trial will take, how long would you expect it to last? Based on the more slimmed -down indictment, I would say several weeks. Definitely, obviously, more than a week. It will take a while to select a jury here. You know, this is a complex case in the sense of, you know, it's sprawling. And I would expect several weeks. A lot is going to hinge on whether Sam testifies, because if he testifies, that's going to be probably several days, two, and they might have their own experts. So, it wouldn't surprise me if this trial was, you know, two to three weeks. I don't know what the estimates they've given now. They might have to give some new estimates based on the new indictment. That's something the judge will be keen to know, because when they call the jury, and they're going to have a large jury pool here, they'll probably do a questionnaire. They're going to need to know the people are available for those periods of times. Most cases don't last weeks elites, right? And on this high profile, this is, you know, setting aside the Trump case, which is consuming all the oxygen in the room. This is one of the most high profile criminal trials happening. Yeah, well, I guess we'll have to see how it all goes down. Thank you so much, Brian, for explaining it all on Unchained.
How Bad Can Pete Buttigieg Screw up the Department of Transportation?
"Time they don't planes now on time they want you to blame the airlines ladies and gentlemen the airlines aren't in charge of traffic control the Network 5G switch over on July 1st what genius came up with doing that on one of the busiest weekends in travel history? the government did they had all kind of rules involving pilots and other people who work on planes mechanics and of course the price of fuel is going through the roof I mean I don't even know how the airlines are profitable are they profitable I don't even know how they stay in the air quite frankly but much of it is government run if not government run government control through the back door I mean the airports are TSA there's no reason TSA is government run I'm not opposed to many the Patriots here they always say hi and I want to say hi back it's nothing to do with them they are fine fine people I really had no problem with TSA one of the big wigs actually the next -door neighbor is a great guy one of us by the way and my point is this administration will never talk about privatizing things it's always amazed me when we say things like it it's too important it's so important we're gonna turn over Joe Biden and the government might as well
"july 1st" Discussed on WTOP
"July 1st, recreational marijuana sales become legal in Maryland and still those who have a medical marijuana card are encouraged to hang on to that. Adults 21 and up won't need a medical card to buy marijuana from licensed dispensaries in Maryland anymore, but there are several benefits to continuing to be on the medical cannabis registry. For one it's less expensive if you have a medical card. Medical cannabis purchases are not subject to the 9 % tax that adult purchases are. That's Karen O 'Keefe with Marijuana Policy Project, a nonprofit that works to reform cannabis laws. She says another benefit is that dispensaries will be required to prioritize medical marijuana patients in the event of product shortages or long lines. Nick Inelli, WTOP News. If you need to take a driving test to get a license, the process is changing beginning today in part of the area. returns Maryland to its former policy of having drivers prove their skills on an open road with an examiner sitting in the passenger seat. During much of the pandemic, the state switched to closed course tests with examiners standing outside of the car. Some more changes. For the first time in three years, Ocean City will be holding two firework shows on the 4th of July. It's been a long wait. In 2020, the Ocean City fireworks were canceled due to COVID. In 2021, the entire show's worth of fireworks went off during preparation ahead of the big day. Last year, a show undercited labor challenges, canceling the show at the last minute. Two shows This year, are planned fireworks in Ocean are City back at for the the beach. big night. One at the North Division Street Beach, another at
Nebraska Gov. to sign 12-week abortion ban, restrictions on gender-affirming health care for minors
"Nebraska's Republican governor Jim Helen is set to sign a 12 week abortion ban and restrictions on gender affirming healthcare for minors. The abortion ban would take effect immediately the restrictions on gender affirming care would take effect October 1st, Nebraska's conservative led legislature passed the bill that included the two contentious issues Friday after hours of heated debate. The law restricting gender affirming care was the flash point of an epic filibuster led by democratic Omaha senator Michaela kavanagh, who slowed the business of passing laws to a crawl, Bill opponents have promised to sue to try and block the law. North Carolina recently passed a 12 week abortion law, which takes effect July 1st. I'm Julie Walker
North Carolina Gov. vows to give women most access possible with new abortion ban
"North Carolina's democratic governor vows to give women the most access possible following the state's new 12 week abortion ban, which takes effect July 1st. Meanwhile, Nebraska's legislature also passed a 12 week abortion ban and restrictions on gender affirming care for minors. North Carolina governor Roy Cooper had vetoed the legislation, but the states Republican led assembly voted to override that veto. We're going to make sure that this bill gets implemented in a way that we provide the most access possible to women. He also says the bill was contradictory, conflicting, confusing, and open to interpretation while not a compromise. This is in no way a reasonable compromise as Republicans have presented it. It's a compromise between the right wing and the radical right wing. Cooper made his comments on NBC's meet the press. I'm Julie Walker.
South Carolina moves closer to abortion ban, a Southern trend that puts pressure on Virginia
"Another southern state appears ready to pass tighter new restrictions on abortion access, joining about a dozen other localities in the south. The South Carolina House of Representatives just passed a near ban on abortion access after 6 weeks before many women even know they're pregnant, and the state Senate will likely take a vote next week. It was one of the few places left in the south for those seeking abortions. With North Carolina lawmakers this week, overriding the governor's veto of their 12 week ban, which will now take effect July 1st. Doctor Erika pettigrew is disappointed. Really devastating to have a patient in front of you who needs something that you could clearly give, but the lawmakers tell you that you can't. She says she's been helping out of state women get abortion care and now she'll be helping her own patients to other states. The moral injury to physicians and to other medical professionals just can't be underestimated. Virginia remains an outlier in the south, where women still have unrestricted abortion access. The new limits follow the Supreme Court last year overturning roe versus wade. I'm Jackie Quinn
Kansas legislators impose sweeping anti-trans bathroom law
"Kansas legislators have imposed a sweeping anti trans bathroom law. GOP legislators in Kansas enacted possibly the most sweeping transgender bathroom law in the country. The vote in the House was 84 40, giving supporters exactly the two thirds majority they needed to override governor Laura Kelly's action. 7 other states have enacted laws preventing transgender people from using the restrooms associated with their gender identities, but most of them apply to schools. The Kansas law applies to locker rooms, prisons, domestic violence shelters, and rape crisis centers. The new law will take effect July 1st. I'm Shelley Adler.
Kansas abortion providers face new rule after veto overriden
"Allah takes effect July 1st in Kansas that abortion rights advocates say is meant to so fear in doctors who perform the procedure. The Republican controlled Candace legislature on Wednesday overrode democratic governor Laura Kelly's veto of legislation that would require doctors to preserve the health of newborns delivered during an abortion procedure, the newborn would have to be transported to a hospital and violating the law would be a felony. The new measure may be largely symbolic because of how Candice regulates abortion, but abortion rights advocates say it's designed to sow confusion and fear so that doctors don't want to provide abortion care and women are afraid to seek it. The Kansas law is similar to laws in at least 18 other states. I'm Donna water
Kansas bans transgender athletes from women's, girls' sports
"Transgender athletes will be banned from female sports and Kansas. I'm Lisa dwyer. Kansas is banning transgender athletes from girls and women's sports from kindergarten through college, starting July 1st, the Republican controlled legislature overrode democratic governor Laura Kelly's third veto of a bill that applies a ban to school teams and a club sports sponsored by K through 12 schools and colleges, 19 other states have also imposed such bands that ban is the first of what could be several new Kansas laws restricting the rights of transgender people. Kansas lawmakers who backed the ban are also pursuing proposals to end gender affirming care for minors and restrict
Reparations for Black Californians could top $800 billion
"It could cost California more than $800 billion in reparations to compensate black residents, according to economists, advising the state. Those potential reparations for harm caused by policing and housing discrimination are more than 2.5 times California's annual budget. The state reparations task force will review the numbers at a meeting today. California governor Gavin Newsom signed legislation creating the panel in 2020. It has until July 1st to submit recommendations on how the state can atone for its role in perpetuating damage done by slavery. Ultimately, it's up to lawmakers to decide which if any reparations to approve, opponents say California taxpayers are not responsible for slavery. I'm Julie Walker
Putin says Russia will station tactical nukes in Belarus
"Russia's president has announced he will station tactical nuclear weapons in neighboring Belarus, Russian president Vladimir Putin, said the plan was in response to Britain's recent decision to supply Ukraine with ammunition containing uranium. Russia falsely claimed these rounds have nuclear components in an interview on Russian state TV, Putin said that Belarusian president Alexander Lukashenko has long asked for the weapons. He said construction of storage facilities for the weapons in Belarus would be completed by July 1st. I'm Karen Chammas
New law puts Wyoming at forefront of abortion pill bans
"Wyoming has instituted the nation's first explicit ban on abortion pills. Medication abortions which usually involve taking two prescription drugs days apart to terminate a pregnancy are effectively banned in more than a dozen states that prohibit all forms of abortion and 15 states restrict access to the pills, but Wyoming is the first state to specifically ban abortion pills, Republican governor Mark Gordon signed the legislation into law Friday, and it takes effect July 1st, but could be delayed in the courts of a lawsuit as filed. The abortion pill ban takes effect alongside a new broad abortion ban that took effect Sunday without the governor's signature. That ban seeks to sidestep issues with an earlier state ban that's
"july 1st" Discussed on Music Swap
"And all kinds of stories from art camp and yeah. Cool. Or maybe I won't want to share them with you at all because it's like what happens at art camp stays at our camp. I see. All right, well hey, we're gonna wrap this up. Oh. Yeah, yeah, yeah, I'm sorry. By the way, last Friday, July 1st was apparently Canada day, so happy candidate to. Oh, there was something else I wanted to mention. Sorry. Sorry. Sorry. Sorry. Gosh, sorry. Always announced a new album. Yeah. Yes. Have you seen that? Okay. It's been popping up on the vinyl releases subreddit. I'm excited. I can't believe that they finally announced something. Gosh, that's amazing. Third album. Yeah. Out soon. October 7th. October 7th. Is that soon? It's four days after my birthday. That's not soon. All right, well, I was bringing it up till I first because I'm using a dead joke from the calendar. Is it from July 1st? It is Friday July 1st. Is it a candidate? It is nothing to do with Canada. But we're gonna let it fly anyway. You ready? Mmm um. Where does seaweed look for a job? Something kelp. Wow, that's a good jump. Thanks. In the kelp wanted ads. Yes. Yeah. Dude. I'm so good at this. Yeah. I'm like so good. I'm really kind of surprised you went there because I was like, you're never going to get this one. No, I know kelp. All right. Something to put in your bio, I guess. I know kelp. Yeah. Jack. I know kelp. Redacted last name. Well, with that, I think we're going to call it a wrap. And we'll see you in a few weeks check. Yeah. Goodbye. Remember to play the animal memoriam. You're not dead. Please. I'm not doing that. Please, you can just vocalize whatever you think is the saddest progression of notes. Okay. We'll see what happens. Thank you. Okay, I hope everyone has a great week and at least I will talk to you next week. Later. Goodbye.
"july 1st" Discussed on Bloomberg Radio New York
"Now global shares are set now perhaps their worst weekly drop in a month are really stumbling this morning as stocks in Asia down on the nikkei two two 5 one and a half percent stock futures in the red for Europe down 7 tenths of 1% So stork stumbling this as traders are now betting on a 150 basis points of ECB tightening by the end of the year will start trading at one 43 for German yields we saw big blowout after the ECB decision yesterday between bunts and Italian BTPs U.S. benchmark yields its three spot zero four in terms of the oil markets more COVID concerns particularly around Shanghai WTI crude futures at a $121 down three tenths of 1% breakthrough at one 22 pretty McDonald's spot index also is down two tenths of one cent so a reversal of what we've seen this week the Japanese yen is actually stronger half of 1% and the Euro trades at one spot zero 6 three three up a tenth of 1% Okay those are the markets Let's get to our top stories today It's been a 107 days since the war in Ukraine began and its country its government is worried that it will run out of money Ukraine's finance minister Sergey marchenko tells Bloomberg radio the country racks up a deficit of $5 billion every month and needs new loans Now we are discussion preliminaries discussion with IMF team in a way to have a new program because we really need it and it's not just a matter of desire It's a matter of necessity to have such a program Ukraine's economy shrank by 15.1% in the first quarter of this year amid the fighting Stay tuned for more on that conversation with Ukraine's finance minister coming up shortly Meanwhile from Amsterdam the European Central Bank brought down the curtain on years of ultra loose policy on Thursday ending its massive for quantitative easing program committing to a quarter point rate rise next month and also opening the door to a bigger hike in autumn Speaking at the press conference the ECB president Christine Lagarde said no one anticipated the major inflationary pressures that the world is now dealing with All international institutions all forecasters of repute have actually made the same mistake Of underestimating or not anticipating some of the developments such as the war such as the energy crisis The ECB president Christine Lagarde defending the bank's hawkish turn Back here in the UK we'll get an update on how consumers are feeling about rising prices later this morning The Bank of England will publish its latest survey on inflation expectations for the coming year It comes as Boris Johnson has called for tax cuts sooner rather than later in a clear nod to the demands of Conservative Party rebels who came close to ousting him earlier this week The time has come for this government to do what it's been straining at the leash to do for two years but which has been difficult during the COVID crisis And that is to enact the supply side reforms that will cut the costs of government cut costs for business and cut costs for people across the country The prime minister is set to outline a new economic plan in the coming weeks In the United States a highly anticipated hearing into the January 6th 2021 riot in the capital building has begun in the U.S. House of Representatives the chair of the committee Benny Thompson opened the hearing January 6th and the lies that led to insurrection have put two and a half centuries of constitutional democracy at risk The world is watching what we do here That was the first of 7 sessions that the U.S. committee says will reveal the key role that former president Trump played in piling up lies to build a false narrative about the 2020 U.S. presidential election Incorporate news Credit Suisse CEO Thomas got seen as batting away questions about the bank being a takeover target He said for really stupid questions you'd rather not comment at all This comes after state street said it's not pursuing any acquisition after a Swiss blog reporter that it could make a bid for the Zürich based bank Right those are some of our top stories this morning Let's dive deeper into the markets there with our markets live editor look and Roche Kelly now good to have you on look and good morning Update us on the fallout from the ECB We saw a Euro area bond market sell off yesterday Good morning I think markets were expecting the headline that rates that 25 basis point hike in June and maybe something bigger than ever That was completely like what markets expected But what markets were also looking for was some kind of idea of what these people would do about fragmentation risk That is kind of the part we saw yesterday if they were the spreads between Germany and Italy quite a lot And I'd say the question I wasn't that seems to be that concerned about what you said we'll talk about in July which kind of at 7 weeks away So kind of gives markets a bit of room to kind of test what the limit is because if there needs to be kind of not going to be there till July then they play through to sell off So let's see how progress is over the next week or two But if it starts getting a bit more hairy than a budget to be more common from the ECB 100 day plan in place or not to actually contract here it doesn't seem much there is more than that to make a market slightly more nervous Okay the next big test for markets will be the latest CPI data out of the United.
Fallen Officer Ella French Helped Save Life of Infant Wounded in Shooting
"We're learning more about L. A French, the Chicago police officer who was shot and killed Saturday night on July 1st. He had a big impact on an Inglewood family when their toddler was wounded in the mass shooting. WGN's Mike Low French was the reason the baby survived the 29 year old officer without hesitation. Rushed the baby and her mother to the hospital in her squad car. What did your sister say? That officer French was telling her that everything will be okay. We got this together. Don't panic because I was panicking, So she's like everything's gonna be okay. I got some. That's Charles Mackenzie and his sister was the woman in the squad with Officer French of French, McKenzie says she cares a lot about the community and she loved the people inside the community. Judge tonight Bond for two brothers charged in the death of L. A French alleged shooter. Monte Morgan faces several charges, including first degree murder. Eric Morgan faces weapons charges. Both brothers were on parole when they were pulled over for an expired license plate. Prosecutors say Amanti shot Officer L, a French and her partner during a struggle that began after he refused to put down his drink and cell phone. French is partner was shot three times and has a bullet lodged in his brain. He underwent surgery Tuesday and remains in critical condition.
17 New Olympic-Related COVID-19 Cases Reported, Bringing Total to 127
"Of Olympics related covid 19 cases in Japan is now 127. With one athlete added to the tally. German cyclist Simone Gretzky's positive test was announced Friday, one day ahead before the men's road race Athletes account for 14 of the 127 cases in Japan since July, 1st Art Sanders. Come
Lionel Messi Reaches New Deal With Barcelona, Agrees to Pay Cut
"Have agreed to a new five year contract as a 34 year old superstar was technically a free agent since July, 1st Messi will reportedly take around a 50% pay cut to remain in the Catalan capital coming off a five year deal that paid over $600 million messy, expressed the desire to leave camp No last summer after 20 years but was denied before Barsa voted in a new team President John Laporta, who Messi has had a close relationship with Reigning US Open winner John
"july 1st" Discussed on WTOP
"Doing on Wall Street Now, Jeff Clay, both the Dow is down 315 points the S and P 500 Index is down a half percent Money news in 10 minutes on wtlv Sports at 15 and 45 brought to you by your local Honda dealer. Don't settle for less than a Honda at 11 45 What's happening, Dave Preston, all the strawberries and cream. We still have a week's worth. They say that it takes place over a fortnight. But strawberries and cream definitely don't last 14 days. You should replenish them throughout those two weeks. Women's semifinals are almost said it Wimbledon top seed Ashleigh Barty facing Isla Tomjanovich advancing earlier today in the women's quarterfinal Action, Second seat Arena. Sabah Lanka number eight Karolina Pliskova and Angelique Kerber won. Men's fourth round took a little longer than expected to wrap up concluding this morning number. 14 Hubert Heard cuts gets passed Second seed Daniel Medvedev in a five set marathon, taking the 5th 63 baseball nationals no longer have to deal with the losing streak that began July 1st. But even with last night's Vic During the issues of Jon Lester continued for the third straight game, the left terror The left hander allowed five or more runs manager Davey Martinez when he starts nitpicking against in trouble. Um so he just got, uh, one inning started with an error and then and then, you know, hit batter walk and things just blow up. So, uh, we got to stay away from those beginnings like that and just limit the damage. Orioles after an off day take on Toronto NBA Finals Begin this evening with Phoenix hosting Milwaukee. Dave Preston w T o p Sport. What's thank you, Dave. We've got traffic in a heated up forecast Next 11 47. There's never been a better time to find out. Why bet MGM.
Illinois Basketball Star Kofi Cockburn Enters Transfer Portal, Sources Say
"The transfer portal deadline is is over. So July 1st was last night at midnight was the last time you can enter the transfer portal. There are reports out there within the last hour or so. I'm trying to, uh, see kind of where this one is headed. But Kofi Cockburn, the The really good one of the top freshman in the country last year for Illinois. Has said that he has put his name in the transfer portal and instead of going in the draft will transfer from Illinois. So that is a big college basketball thing to watch.
"july 1st" Discussed on Mornings With Gail - 1310 KFKA
"Where <Speech_Male> <Silence> <Speech_Female> <Advertisement> <SpeakerChange> i live <Speech_Male> in las vegas. He <Speech_Male> even offered <Speech_Male> to charter a plane <Speech_Male> to fly me down there. <Speech_Male> That seemed to <Speech_Male> excessive <Speech_Male> drove. I wanted <Speech_Male> to save the school money. <Speech_Male> And i am visit <Silence> friends in idaho on <Speech_Female> the way <Speech_Female> my agreed to give the talk <Speech_Female> and made <Speech_Male> plans to drive nine <Speech_Male> hundred fifty miles for <Speech_Male> the june fifth event. <Speech_Male> I planned <Speech_Male> on giving a talk. Based <Speech_Male> on the advice. 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Unfortunately <Speech_Male> mr simon <Speech_Male> texted my <Speech_Male> hands are tied everyone <Speech_Male> participating. We'll <Speech_Male> have to be there on friday <Speech_Male> for rehearsal <Speech_Male> later in a phone call <Speech_Male> mr. Simon said they <Speech_Male> were making a video of <Speech_Male> the dress rehearsal. In case <Speech_Male> were problems. <Speech_Male> They wanted the video <Speech_Male> to be just right <Speech_Male> to use it <Speech_Male> to the school market mark <Speech_Male> to use <Speech_Male> to market the school. <Speech_Male> Needless to <Speech_Male> say sherry. I'm saying <Speech_Male> this now. I'm gonna jump <Speech_Male> forward so that i don't run <Speech_Female> out of time here. He <Speech_Female> goes on to talk <Speech_Female> about how he spent <Speech_Female> the night through. Las vegas <Speech_Male> getting a ticket along the <Speech_Male> way trying to get there on <Speech_Female> time <SpeakerChange> arrived <Speech_Male> early. Did the <Speech_Male> speech did the <Speech_Male> the the <Silence> the <Speech_Female> <SpeakerChange> <Speech_Female> The video <Speech_Female> all the find <Speech_Female> out that a group called changed <Silence> the wrath <Speech_Male> had organized <Speech_Male> and <Speech_Male> orchestrated a hoax. <Speech_Female> They then <Speech_Female> took his video <Speech_Female> and they. <Speech_Female> They dubbed <Speech_Female> it and they <Speech_Female> made it. They <Speech_Male> put took everything <Speech_Male> out of context <Speech_Female> and <Speech_Female> republished it <Speech_Female> and turned <Speech_Female> literally into <Speech_Female> a debacle. <Speech_Female> He ends it <Speech_Male> was saying if gun <Speech_Male> control. 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Six to <Speech_Male> nine and northern colorado's <Speech_Music_Male> <Advertisement> voice <Speech_Music_Male> <Advertisement> thirteen <Speech_Music_Male> <Advertisement> ten k. <Speech_Music_Male> F. k <Speech_Male> mogul <Speech_Male> programming continues <Speech_Male> right after <Speech_Male> mornings with jalen. <Speech_Male> No co now <Speech_Male> the power trip <Speech_Male> all show. <Speech_Male> We are <Speech_Male> northern colorado's <Speech_Male> voice <Speech_Male> thirteen ten <Speech_Male> kfi k. <Music> <SpeakerChange> <Speech_Music_Female> Welcome back <Speech_Music_Female> and goodbye. <Speech_Music_Female> This <Speech_Music_Female> is i guess for me <Speech_Female> Gail will <Speech_Music_Female> be back tomorrow with <Speech_Music_Female> you and <Speech_Music_Male> Next <Speech_Male> up. Of course as <Speech_Female> tanner swint <Speech_Male> noko now <Speech_Music_Female> cherry pie complete colorado. It's been fun. Everybody have a great fourth of july.
"july 1st" Discussed on Mornings With Gail - 1310 KFKA
"They were in nearly every nursing home large and small across state. These numbers are amazing. And yet jill hans acre ryan the head of the c. h. e. says in this story. The state was not responsible. Well that's insane. And i mean your state have to take responsibility. He was the one making decisions. During kogas cdp jared police. Were the ones telling everyone what to do. Putting the state emergency lockdown month after month after month and and you know during november and december touting the strikeforce that he had that apparently only had one employee that was supposed to be national model. All the time. It's just crumbling around him. In nursing homes are crying out for help and they delayed and delayed and wouldn't help them and that's why the depth spiked according to this investigation. Exactly chris stop you for just a second can i. Can you hold on for just a minute and take. We're going to take a short break. Can you hold on. Come back on the next segment okay. Cool thank you sherry pipe in for gail party. Northern colorado's voice thirteen ten. Kfi a block party wednesdays from four ten pm bears plan northern colorado's voice one zero three point one and thirteen ten kfi k. We don't have a whole lot of time left Because as usual in radio time goes by so fast. And i apologize christie but in the last minute or so that we have. What do you hope to accomplish with asking for this investigation. And i guess what is it exactly that you want. I believe that people need to know what happened. Colorado's nursing homes. They need to know that the face jerry polls puts on camera is not always the truth of what happened. He needs to answer for the decision to agency make and the way that he handled the crisis incompetently that caused people to die. I believe our governor needs to be honest about what happened. Well thank you so much for doing it christie and hopefully we get to the bottom of it. I don't know that we will. But at least you're san and trying to do something and keep fighting the good fight. Kristie burton bound colorado chairwoman for the.
"july 1st" Discussed on Mornings With Gail - 1310 KFKA
"When we come the reason we're going here is last week Colorado gop chairwoman christie burton brown released a press. Release calling for an investigation into this story and into the governor of colorado and the leader of the colorado health department. When we come back i will have christie brown on the phone with us to talk about this story. And her request sherry pipe in for gail. What's happening in your own. Backyard listened to no co- now with tanner's swint a northern colorado's voice thirteen ten kfi k. Or local talk coming up next with no code now. A northern colorado's voice thirteen ten. Kfi k welcome back northern colorado sherry pipe in for gail this morning on mornings with gail thirteen ten. Kfi a you know when. I read the first paragraph of this story. By ben marcus in cpr news nine months of the pandemic had passed before a durango area nursing home diagnosis. I case of covid. Nineteen last november. It took just a couple of hours before it had its second from air. The outbreak at four corners. Healthcare center moved with astonishing speed. There were forty-six positive residents more than a week later then eighty four total cases the next when i read that paragraph i literally cried and i'm getting emotional now You know. I just told you about my mom and that paragraph is exactly how the problems with my mother and her nursing home played out last same time period late october early november of last year. Same thing her nursing home had no cases leading up to that november rally and Yeah so when. I got the press release late last week. That said that colorado gop chairwoman christie britain brown released the following statement regarding revelations made public in colorado public radio story regarding the police administration's failure to adequately test and safeguard colorado and in nursing homes during the nineteen pandemic christie said the rebel at quote the revelations revealed in yesterday. Cpr story highlight disturbing questions about the police. Administration's covid nineteen nursing home response. The apparent negligence and incompetence shown by senior members of this administration is tragic and likely cost lives in nursing homes across our state today. I am calling for a bipartisan investigation. Into the police administration's covert response the families and loved ones. We lost deserve the truth. Close quote when i read that I i knew. I was filling in for gail i immediately sent christie an email and said hey can you please come on. We have got to talk about this because not only did this hit home and personal for me..
"july 1st" Discussed on Mornings With Gail - 1310 KFKA
"That's another one that could could turn out to be rather interesting because lee comes up for reelection in two thousand twenty two but listen is Not up for election until twenty twenty four so would list and be able to continue to hold a seat that lee already holds and lee would have to just back down. Nobody knows where the that's where the supreme court is gonna have to come in and say you know what's up. what are we doing. And then finally republican senator chris. Holbert and republican senator. Jim smallwood both of parker were drawn into district. Sixteen hobart is term limited next year and small. What is up for election in two thousand twenty four so democrats have held the senate democrats held the senate from twenty four to twenty twelve republicans. Held it from two thousand fourteen to two thousand sixteen and then in two thousand eighteen democrats regained the senate Six of the seventeen senate seats are up for grabs in twenty twenty two and are sixteen six of the seventeen seats that are up for grabs in two thousand twenty two will be open because incumbent are term limited and currently democrats. Hold a five vote lead. So that's on the senate side of things on the house side of things we've got First term republicans. Ron hanks and stephanie luck were both thrown into john into house district. Thirty four republicans. Terry carver and andrey pico. Both of colorado springs were drawn into forty eight democrat. Eighty hooton in judy. Amicable were both of boulder. Were drawn into thirty. Seven publicans kim ranson and mark bazeley. Both of littleton were drawn into thirty. Three keeping in mind again. These elections are up for reelection every two years. So every one of these thirteen different incumbent house or thirteen different house seats were encumbrance will be pitting against each other. All of them will have to run against each other if they want to be reelected unless are termed out which is in the case of the house. Thirty feet kim. Ranson is actually term limited democrat. Representatives carry tipper of lakewood and lisa cutter of littleton drawn into house district ton democrat representative alex valdez and house. Speaker alex garnett both denver moved into to garnett is term limited democrat reps. David ortiz and meg frolic of inglewood moved into house. Nine democrat reps kyle meluka of north clan and the adera cavero carve. Eeo of thornton are in twenty eight. Democrats shannon bird of westminster matt gray of broomfield our in house district twenty seven and democrat representative tracy burnett of longmont and republican. Here's the one Weld county Weld county effect is republican. Dan woo of erie. We're both on into house district thirty eight now. I haven't had both of them are in their first term. I haven't had a chance to look at the new house district thirty eight but dan woo already represents a swath that includes a large section of blue in the eerie area..
"july 1st" Discussed on Mornings With Gail - 1310 KFKA
"Incumbents are placed together in at least thirteen of the house. Districts and seven include to democrats five include two republicans and one includes a democrat and republican so in house district fifty three. You will see republican house. House members matt soper of delta and mark catlin montrose have both currently been placed into the same district house district thirty five democrat representatives. Julie mcklusky of dylan dylan roberts of avon have both been thrown into that district. Republican representatives richard turf of akron and rod pelton of cheyenne. Wells have been moved into house district. Forty democrat senators faith winter of westminster and rachel zinger of r vata in senate district eight. Oh i just crossed over. And i apologize. Let me back up here. Let's let's start over. And i just flipped the wrong page. Let's go back to the senators when we're talking about the senators democrat senators. Faith winner of westminster rachel's end zinger. Of vada have both been moved into district. Twenty eight. winter is actually up for reelection. Next year while zen zinger doesn't end her term until twenty twenty four so that would be the first one that would be interesting because then zinger would be allowed to Continue her seat and faith. Winter is done anyway and there is some talk of faith winner running for that. New house district That new senate district or the new house district in the united states congress in the eighth congressional district. So we'll see how that turns out. Democrats senators chris coker centennial and jeff. Bridges of greenwood village have both ended up in senate district eighteen. Both of those are up for re election in twenty twenty. Four democrat senators. Chris hansen and robert rodriguez of both of them have denver ended up district twenty. Two only one is up for reelection next year. Now it'd be rodriguez democrat. Here's where it's going to affect those of you in this area And probably the one that you know really. Isn't that big of a deal. Because as a democrat versus a republican but democrat senator sonia lewis of longmont was placed into and republican senator barbara kirk meyer of brighton was placed into district. Thirty two so barbara kirk mar currently represents senate district twenty three. She has now been placed into sonia. Lewis's district of thirty two. Both of them are up for reelection in two thousand twenty four now senate district. Thirty two tends to be a lot more blue than the twenty three that barbara kirk mara currently represents so they have even though it would be a republican versus democrat affectively drawn barbara. Out of a report. Out of her republican. Well red district and put her place into a pretty solid blue thirty. Two republican senator kevin pre of henderson and democrat senator. This is another one of those words. Republicans pitting a democrat democrat senator. Dominick marino of commerce city were both placed into district thirty. Both them are term limited in two thousand. Twenty four republican. Senator larry listen. Democrats senator pete lee both colorado springs and district thirteen Lee is up for reelection in two thousand twenty two enlisted not until two thousand twenty four..
"july 1st" Discussed on KFI AM 640
"Mean, the partisanship here is astounding. Well, SoCal gas prices. Look at you. You're going to go to a place we haven't seen you go since 2014. Need gas money like me, and I never cared to see you go back there, but it looks like we're going to see spikes in the cost of gas that we haven't seen since 2014 because July 1st is next week. So we're going to do our summer blend on top of now We've got the prices that have already been increasing around the region. I don't know what you guys paid, but it costs $75 screen it. I was on e. When I went to fill up for gas 75 bucks to fill the truck up. Yeah, it's lovely. And 75 bucks taxes. Go up. Sure. Another half a center 750.6 sense because you can't certainly you can't have California without tax going up every five minutes. And that is that tax is connected to inflation. And you watch inflation is on its way. And it's here already. Now the question is how much Also, there's a shortage because they don't have enough drivers. Yeah, that take those tanker trucks to the gas stations. Minute that is unique. That is new. All right. I know you're gonna be talking about this later. Derek Chauvin is scheduled to be sentenced this morning in Minneapolis and police departments all over the country are loading up on officers. A New York City, New York PD. They called it, PD said. We're going to have an excess of officers just in case because you don't know what he's going to get right. You.
"july 1st" Discussed on WJR 760
"All right, six clock hour here on 7. 60 73 are all right in this hour. Maybe I know musically dunk contest. Steve's You're killing me and much more right now we're gonna Jumped to the This is kind of tied in with the auto no fault, and the change in the laws and home care agencies are are struggling. Because of a cap of 55% cap on care to injured drivers and there are efforts to try to get that cab lifted. Margaret Krusee is the executive vice president for Hope. Network. Neuro Rehabilitation. Hello, Margaret. Hello. Thanks for having me on. Yeah, tell, tell our audience quickly, You know, sort of what the situation is, if they've never heard about this Sure. So there was AH lot of changes made to our auto no fault law about two years ago, and you know, a lot of those changes were good. But there are some pieces that come into play this coming July July 1st to be exact, and they're going to really impact the people that need home care, residential care and assistant living. Type services. The beast schedules There's actually two and one of them is just fine. It's 200% Medicare fee schedule. And so there's no complaints really about that. But the other one isn't Is that, really? Even if he schedule it's a feat discount. So what's gonna happen is those providers that don't fit under Medicare, which is like home care and residential care, and the supported living services that people that are catastrophically injured might need will be paid 45% of whatever they happen to be charging back in 2019. And those that sort of discount on providers that were already charging ethical rates where they just had a small margin is gonna put him out of business. And so those individuals are gonna lose their care providers. Why did they do that? You know, I Yeah, I actually think that there was some mis understanding about what Medicare covered. And so there was a thinking that Medicare covered just about everything you know. Medicare is a huge system. And there's all these codes and these services must be covered under that, too. But the reality is Medicare is very specific. That doesn't cover custodial care and custodial care is the kind of care of helping someone who needs help eating. Or needs help going to the restroom or getting dressed all these things that someone would say a spinal cord injury needs every single day that is not covered by Medicare. So Medicare doesn't have a great set for that care. And so all that cares, falling under a 45% cut, and I think they the legislators were Shown maybe an example or two of the high priced out liar. And ironically, that out liar probably survived this cut. But all the ethical providers can't take a 45% cut and it turns out most of providers in Michigan were providing care Atta at unethical, their small margin, you know, less than 10% likely, and so when you take 45% of their revenue away Out of business. Yeah. What? Provide What business in any sort could survive a 45% cut in their revenue And and the people that you describe. These are the people who need the help the most Anyone who has a relative who has dementia, who has, uh, Alzheimer's, who has difficulty because of a spinal cord injury, who has Gosh, I think of how many different illnesses there are that that require 24 hour care and on this is on top of the fact that they changed the rules about people in a family being able to put in. You know that That's what their job is. Their job is to basically take care of their family member. They changed that as well. So they're harming the people who need who have so few alternatives? This isn't about. Well, if you can't get it there, just go get it someplace else. When when these places go out of business. Who take care of our neediest citizens. There is no alternative. These people are just going to be left alone. That's where we way have no idea where they will get care. Because so many of the providers won't be able to provide care starting July 1st. So we really have a avoidable, totally avoidable crisis of care. Um, we're asking the Legislature to Make a small change. There's there's house. Still 44 86 Senate Bill 3 14, and what those do is actually provide a feed cap instead of a discount. They provide speak cap that mimics the 200% of Medicare. So we've actually provided the solution They were looking for in the first place in these bills, and it would avoid all these providers going out of business, and, more importantly, it would make sure there's access to care for these people. Were promised care under a policy that they bought hoped never need and were unfortunate enough to have that terrible accident and should have access to care. Absolutely.
"july 1st" Discussed on 710 WOR
"Offices could operate it 100% capacity. But they still have to observe the six FT social distance rule. You heard Tim acclaim. McClellan say that that's Pretty much gonna be a little difficult, but they'll do it. The numbers are trending in the right direction. But vaccine hesitancy is a big problem now. So in New Jersey governor Murphy is offering a shot and a beer program, New shot and a beer. Program to encourage eligible New Jerseyans ages. 21 over to get vaccinated. Yeah, but you can't go get a shot. If, uh, in a beer if you already had your vaccine has to be the first time. Speaking of covert Florida's governor, Rhonda Santa's his decision to suspend all local cove in 19 orders has run into some criticism from the mayor of Orlando decided, signed an executive order yesterday to suspend the order, saying that Hold. It is not over. But the need for emergency orders is and that action takes effect. July 1st, the mayor of all, Lando. Democrats thinks that they should still be in place. Funeral service is going to be held today on Long Island for NYPD Officer Anastasios Sacco's killed last week by an alleged drunk driver while directing traffic on the Long Island Expressway in Queens. Hey, leaves behind a wife, Sexual daughter In a three year old son and big split in the Republican Party. Former President Trump and Congresswoman Liz Cheney doing battle, Cheney voted to impeach Trump and his criticizing how fellow Republicans Who support his claim that the election was stolen. She says. Those people are poisoning our democratic system. Trump called in the election as Lens had the big lie, and his supporters are moving to remove Cheney from her leadership post. And finally more proof that the media is in the back pocket of President Joe Biden. His mask. Oh, that's good. His mask What do you got? Show? This would be great. Come on, Joe. Lay it on us. You've already criticized before you've heard this is Pew Research. He was, you know, nonpartisan, very respected. The research shows no recent president has gotten more positive coverage than sleepy Joe. Maybe he deserved it. Wait, maybe deserved it. Really? No shit. The guy gets good reviews when he can lay his hands on his mask after searching everywhere for it, or we found it. Well, Great man. What a great week 30 seconds. Remember, you put his mask in his pocket. Anyway and I said, This is an objective news story. Keep going. It's these air numbers from Pew Research land. Maybe he deserves the positive press. And just like just because Trump got negative press, maybe he deserved it. Not the kind of president until you hear the rest of numbers. Not only 19% of Biden's coverage was negative 19% 27 solely deserve probably 54% neutral during President Trump's 1st 60 days. What do you think? Positive number was positive number of positive news stories? Yeah, probably 19%. To 50 God, Shelly exceeded expectations. You get a great job. Oh, man. 62% were negative for Trump again. Maybe they deserved it. Well, how about this 20% of President Obama's coverage was negative. 20. On Gwen T 8% for President Clinton and George W. Bush. Well, yeah, all the other pretzel. Maybe, you know, maybe you get what you deserve. Joe doesn't mean it Zra longer. It's in the pocket. Maybe so, as you sow. So shall you reap. They've got a plan. I have Two words for you, Newsmax. Okay, lose, Max that maybe one word when you won again tomorrow. 10 35 be fun. Oh, you bet they'll say if we welcome Michael. Right down right down every time you're on that show, they get your name wrong, all right, coming up next Warren Buffett. Warren Buffett, the great investor. He says that massive inflation is headed our way We're going to check.
"july 1st" Discussed on 710 WOR
"Did look at the questions last night. Yeah, I think, Michael, you have the edge today. Oh, well, yeah, I think there's I expected it shall. That's the deal. They stacked the deck around here trying to even their like bookies. You know, they want the same number of people betting on both sides. So they get the vigorous is same thing with our management. They want Riedel to catch up to make it a competition. So I'm gonna ask the hard questions. Well, I got I got some tricks up my sleeve. Yeah. Give me the answers. Somebody gave me the answer. I'm gonna get the questions, right. Okay. You guys because I'm waiting for that Venmo payment, please. So I think I'm gonna surprise you. I You know, I went to Stuyvesant High school, okay? Okay. All right. Well, you want to stick around for us till nine o'clock when we played tag team trivia. See if I can stage a comeback this morning. Now, here's the thing about opening up the city. So I was out about what was it Wednesday night? I went to the I was all over the place. I had my teeth cleaned. So I was in midtown. Midtown is dead. Okay? Tokyo is an hourly. Run down. Michael, What time were you with the dentist? Then where did you go? Then? What did you do? And then what did you eat? And then how's your backfield? And then what is your girlfriend? Say? Come on. Come on. We want an hourly. Okay, So my dental appointment was four o'clock. Now, This is the dentist who treated Bernie made off by the way and Eliot Spitzer. So he's a very prominent in that field that this the stars. That's right. So I was up there four o'clock, and he's on Fifth Avenue and 52nd Street. That place is dead, although it did before be an opportunity to kind of one around. Look at some amazing architecture. I don't know if you've ever been over there and Park Avenue admired the Seagram Building the Seagram's building Lynn or Lever house. Have you ever been over there? Magnificent. Magnificent mid century examples of architecture anyway, so I wandered around there. Then I went to the Lower East Side where I had a terrific dinner at the House of Hanoi. Great Vietnamese restaurant on ST Mark's place. Fantastic. Just fantastic telling you, Lynn. Sat in Tompkins Square Park. And I actually broke the law because I had a beer. Open, but everybody in the park was bombed. And having a good time. The lower East side I don't care what the was still on the air. I don't care what on the air we're gonna We're gonna open up to went to tops of square park. Well, that's gonna grip our listeners. That was an interesting part of the city. Load the Lower East side. You know, it's fascinating anyway. I don't have the Marisa's rope in July. 1st the city Natalie Laurie Side Totally Come Pleat Lee Open all right, full of young people. Nobody's wearing a mask. They're spilling out into the streets. It was beautiful day, of course. So the bars were open. People were having a good time. And my point is that I walked back home through the West Village. Same with the West Village. I mean, every bar was jam packed Wednesday night, Every restaurant was full, inside and outside, Okay, what I'm saying his New Yorkers. They're not listening to what the mayor or the governor tells them. They have opened up this city in parts of it where there's activity. Yes, I grant you. You know, Midtown is still dead because there are not a lot of office workers there. But downtown. The place is open. I don't care when De Blasio wants it open when the governor wants to open it. Is open. New Yorkers are rebelling. They've had enough of the lockdowns. They've had enough of being told how to live their lives. They had never been told when they can eat when they can't eat if they consider inside if they can, outside, said outside, they are rebelling. Life is going on in the city, and I'm Proud of it good for the workers. They're taking their fate into their own hands done deal for tonight. I have a question for you, Mr Broadway. If the city is totally re opening July, 1st is I mean, the shows are open. No. Now the shows have a lot of problems. A lot of problems. What does he mean by totally re opening that? Ask him. What do I know? I this far as I'm concerned with what if your way Don't you know where the West Village is Wide open? It is totally open. Okay, It's opening night. Eat inside and outside. Me totally open is going to be 100% capacity at stadiums is going to mean I could go in and sit at a bar and drink. You know, at a bar with 100 people around me. I mean, that's 100% open. Correct. I don't know what they're open Is Natalie Swing by after the show, Okay, come up to the West Village here and you will feel have a drink so badly, you could never get home. This is the problem. I don't think I'm ready for that. I don't think I'm ready to be crowded with people, You know, shoulder to shoulder. I think I'll freak out. Really? Yeah. Oh, come on. I'm around a bunch of people things. A lot of people like that 20 people around me. I get like, no. Yeah, like three examination extreme, but hello. You just don't want to be in crowded situations anymore. Yeah, it's true. I was invited to Ah, party this weekend, which you're fully vaccinated. You're ready to go. I know, but I tell you going. I am going. It's Saturday night. It's inside. Masks out. Yeah. Um, I'm I'm a little uncomfortable. But really, I'm gonna forge through. Try. See what happens. You're gonna come to me is only one by one. No, You're gonna be fine People, people, people get on with our lives. We have to get on with our lives. We can't be. We can't be a bunch of babies for the right, Len can but the rest of us can't be. It's so fine for lending his Dan. You know, I mean, pandemic pandemic land is here's the thing Drift. Nobody invited me to tea party. If I got invited to a party with red given some five who wants me in a party? That's true. But so let's you know, let's really leave, Let aside. Okay. Just leave him by the side of me out of it Do it is then for the rest of his life if he wants to, But the rest of us folks time to open up and go on and live our lives. I've had 11 dose of the vaccine. And I'm out about. I'm doing things okay? And you know, here's the other thing I'm doing. I'm not wearing my mask when I'm outside anymore. I'm sick of it. I walked out the other day at the mascot. It makes me sneeze. All those fibers. They're getting my nose. So I'm sneezing. I feel like I'm getting covert when I have the mask on. All right, I take the mask off and I can breathe freely and I'm fine. So I don't wear my mask like all right anymore. We're writing about on my bike. I've been running. I've been walking a bit all over the place. I'm not wearing the mask, but I'm outside. I don't care if you give me a dirty look or not. And some of those, you know you go snooty was a rebel without a cause. Can you get back to my original question? One of the Broadway shows Gonna open if the city's totally re opening July 1st, the mayor said shows, he said it They can't lend you understand how Broadway works. They can't open until every single person who works on the show has been vaccinated. Right. Every musician station every actor, not everyone's vaccinated yet. Every was vaccinated yet also, they you know they gotta can't go just a 50% capacity because they can't make any money, So they have to be able to sell every single seat in the house when they open up. You're not gonna see Broadway opening up. Probably until I would say in September. We'll see about 33 shows. Come along. I think you'll see wicked See Hamilton. You see the fan of the opera? Those will be the ones The Lion King. The Big East will open first, and then they'll be music man every time that's not opening till February, So don't worry about that. I don't have you worry. I mean lunch with you, Jackman next week. Excuse me. Heavy lunch with you, Jack. But next week You are? Yeah. We have lots to catch up on. I haven't seen him. Yeah, drop That stuff to talk about. I mean, he's starting the music, man. He'll be leaving nothing to talk about with you. What does he have to talk about with you? I would you obviously you want to get some information from him. What does he get from.
"july 1st" Discussed on WGN Radio
"Today, the city announced effective immediately. Indoor dining at bars and restaurants is now 50% capacity or 100 people, whichever is the lesser of the two. Also starting May 7th, the United Center will able to be able to see fans to up to 25% capacity. Move comes because more than 50% of Chicago adults have now been vaccinated, The city announced the launch of the Open Chicago initiative today. Dr Allison are worthy of Chicago's Department of Public Health, says the best way to continue returning the city to normal is by encouraging everyone to get vaccinated. We're all excited to get back to the Chicago we know and love the quickest, easiest way to get there is talk to everybody you know and say, Have you gotten that vaccine yet? And if not let me help you, and he won 16 or older? Register for a vaccine by going to Zach Doc or calling 3127438. Let's try that again. 3127464835. New York City also planning to advance to eventually a full reopening very, very soon. New York City Mayor Bill de Blasio said they want a full re open by July. 1st. This is going to be the summer of New York City, he says. That means 100% of capacity for bars, restaurants, gyms, arenas, theaters and more. The mayor's applauding New Yorkers for getting vaccinated. It's the cities. Seeing a steep decline in the Corona virus hospitalizations as well as cases. He also wants 24 7 subway service to return July 1st a swell Arlington racetrack opens Friday for what could be its final racing season. Churchill Downs, which operates the track is looking to sell early Tonight's Mayor Tom Hayes, is holding out hope that it will be purchased by another group. Looking to use the land for racing would be a real shame to have to tear down that. $100 million facility That's right behind us here. And so we're very much looking to exploring the possibility of racing here under new ownership. And he says While he hasn't spoken directly with Chicago bears, he's gonna consider a move by the team to Arlington Heights is a possibility. At least until they tell him it isn't Bears. Do you still have a decade left on their lease it soldier field. However, we will talk to the mayor coming up in the four o'clock hour here on 7 20, WGN. Lawmakers in Springfield are considering tweaking the state's current sports gambling rules to include betting on Illinois college sports teams state right, Mike Look. Mike's Lewinsky of Summit who introduced the measure, says he would also support letting a school petition to temporarily suspend betting. A student athlete is influence or mentally or physically harmed because of a but I think that would both draw the immediate reaction necessary to deceased sees the behavior and then when people when bettors realized that there could no longer be bad, so I think it would send out the public relations a signal that you know there needs to be a better form of behavior. The athletic director at University of Illinois is against the change, saying athletes are already threatened online after Big games. The Illinois Department of Public Health. Latest Maternal Morbidity and Mortality Report shows black women continue to die too much higher rate than white women when it comes to pregnancy related mental health conditions. The an average 75 women in Illinois died between the years 2017 and 2018. 34% died while pregnant or within a year of pregnancy due to pregnancy related issues, but leading cause mental health conditions, including substance abuse, black women were about three times as likely to die in pregnancy related issues. Then white.
"july 1st" Discussed on KQED Radio
"And millions of Americans received one time payments from the federal government, part of the $1.9 trillion spending bill that gave a big boost to the economy, which grew at an annual rate of 6.4%, according to the Commerce Department. Economists say the U. S. Could see its strongest annual growth since 1984. And last week the number of Americans applying for unemployment benefits for the first time fell slightly to 553,000. It's the smallest number since the start of the pandemic. David Gora. NPR NEWS New York President Biden delivered his first speech to a joint session of Congress last night. It was on the eve of his 1/100 Day in office by reiterated highlights of his $2 trillion infrastructure proposal. He separately called for fresh government spending. Line is asking Congress for $1.8 Trillion to invest in programs such as family and medical Leave. New York City's mayor says the city is back on track to fully reopened by July 1st as NPR's Hansi Lo Wang reports. Local officials say the rate of vaccinations is allowing the city to soon relax. Many restrictions put in place because of the pandemic. Speaking on MSNBC, New York City Mayor Bill de Blasio says what was once the epicenter of the pandemic will be ready for stores, offices and other parts of the Big Apple to re open by July. 1st at quote, full strength. I want people to be smart about the rules we've learned, you know, use the masks indoors when it makes sense Hat wash your hands all the basics. But what we can say with assurance now. Is we're giving covert no room to run anymore. Around one at a three New Yorkers age 18 and older is fully vaccinated. As of Wednesday, the mayor says he expects many restaurants be ready for indoor dining by the start of July, but Broadway theaters may have to take until September. Angela Wang. NPR NEWS NEW YORK West Virginia Governor Jim Justice has signed a bill that bars transgender girls and women from sports teams that align with their gender identity. NPR's Dave missed it reports. The measure is similar to others that have cleared Republican led state houses this year. West Virginia's ban on female trans athletes applies to public middle school, high school and college teams. Governor. Justice said earlier this week he would quote proudly signed the bill. Despite warnings from some lawmakers of the NC double A could decide not to hold tournaments in West Virginia. The human rights campaign says the bill is quote politically motivated for the sake of discrimination itself. In fairness, West Virginia, a state wide LGBT Q rights group, calls the measure unconstitutional. The American Civil Liberties Union wrote in a tweet that it plans to sue walls on the same issue are now in force in Alabama, Arkansas, Tennessee and Mississippi. Dave Mystic NPR news On Wall Street, The Dow was up about a point at 33,821. It's NPR Live from KQED News. I'm Brian what California Democrats are kicking off of virtual convention today as party leaders try to rally voters to oppose a recall of Governor Gavin Newsom. KQED POLITICS reporter Guy Marshall Ronnie has more California Democratic Party chair Rusty Hicks says the convention will be a starting point for the political fights ahead. First up the recall vote likely on the ballot this November. Hicks says he doesn't see California Democrats breaking with Newsome. You know, recent polls showed it. Nearly 80% of Democrats. Oppose the recall. And I expect that number two only grow at the virtual convention. Hicks will be sworn in for a four year term as party chair. Newsome and vice President Kamila Harris are among the elected officials set to speak on Saturday afternoon..
"july 1st" Discussed on KDWN 720AM
"It's the same station the same great lineup. But now on FM, check it out the new 1015 ff 7 28 K dog, but talk of Las Vegas. I'm Matt Damon. I'm Zachary Levi. I'm usually due to join Major League baseball and stand up to cancer. As we stand in honor of all loved ones affected by this disease. Is it stand up to cancer dot orc slash MLB. Stand up with us. That is how I feel about the MBA. You guys suck. You guys couldn't get this going. You guys couldn't figure this out. I mean, what is going on? Come on, Just get this going. It's not that hard. Listen, I know we have to take precautions. I understand the times. We're in right now. Figure this out. We're playing basketball. You don't need to be, you know, training for months on end to get going, if you have if everyone's back by June, 1st play the games by June, 22nd. I don't need a month and a half of training camp so I can play some basketball games. I mean, Come on, man. We gotta move into a bubble dance. Okay, fine. It's not July. 1st. I mean, if you need a whole month if you really need a whole month Starts July 1st. Okay, you have had weeks to figure this out. There's you know, they're gonna be in Disney world and they're all gonna be all quarantined in one place and all you know, they're not worried about if anybody leaves. It doesn't start till the end of July. It's embarrassing hell's dot com.