18 Burst results for "Karen Great"
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"For multiyear. It's not just 2023. This is going to go on for a while. So that's what's changed. What makes me worried, though, and I appreciate that onshoring maybe a different thing than the infrastructure Bill and the IRA. But when you're dependent on government money and you get a change in D.C. and then the money can just stop. Even if the program, even if it's law, you can still be directed to stop the flow of money. Is how much do you think that that's priced in and that is at risk? I think particularly the infrastructure Bill, which is in itself $600 billion. That money is well underway. And we won't have an administration change right for at least for two years, right? And right now we have a split Congress. So the money is, they're not going to be able to obstacles are not going to be there to stop this money flow. So we're talking about the big equipment rental business, but folks will actually manufacture these things in the caterpillar's the deers and all the rest. I know Chris cheerleader covers them for BI, but let's be honest, you've been covering these things for decades. Nobody knows this stuff better than you. I mean, our caterpillar and deer and all the rest of the folks that make this huge equipment, are they just running at full tilt? Yes. And there's actually a shortage of equipment. And that's another thing that helps. They can not build equipment fast enough. And you can look at those stocks. They've done really great as well, right? They would build more if they could. Have the capacity. And this is another disadvantage for the small rental guys. They can't get equipment. Guess who gets to the front of the line the united rental hashtag the big guys, right? But Kat and deer and CNH, et cetera. They have huge backlogs. And they're running full tilt, which is also why those stocks are doing so well. Margins, I can appreciate the small, mid sized guys are bigger than the big ones, but talking to the margin story. This is a volume. This is very rental. It's a very capital intensive industry. About 80% of the money they spend is on equipment, right? So it's very volume sensitive. And in the last quarter, united rental had 50% EBITDA margins, which is a record. And the others are similarly in the high 40. So it's very volume driven. Also, because equipment is so tight, the rental rates are very robust as well. So they have a volume pop, a pricing pop. That's what rates are. And being capital intent at the incremental margins are very, very high. So if I go on to a united rental lot and I need a backhoe, am I paying full freight? I mean, there's no deal in here, is there? No, and rates have been extremely high now for almost two years. And they're showing no signs of slowing. So you're lucky if you can get the equipment. That's the thing. I mean, it's really, really tied out there. So if we had a major recession, would some of the industrial business slow down? Yes. But there's enough money here just from the federal bills to carry us through a slow 23. Yeah, this is a really bullish picture. I'm trying to find all the things that could worry you, but you're kind of chill about it. Is there something? I've been through a lot of downturns in the rental company. And they used to have their cash flow was extremely volatile. Their earnings were extremely volatile because the volume would dry up in a recession, right when construction would go down. But if you're looking at the trend this time, housing is down, yes. The non residential business is expected to grow this year. And that doesn't even build in all the public money. That's the non resident private money. And the other thing I should say, I didn't mention, this is a North American play. So we don't have to worry about Europe. We don't have to worry about Asia. These guys are all in North America. That's a great point. All right, Karen, great stuff. As always, Karen Uber Hart, she covers all the machinery stuff, all the big equipment stuff for Bloomberg intelligence and nobody
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"And I'm Karen Moscow, U.S. stocks are rising after better than expected earnings from FedEx and Nike improved sentiment, bonds are steadying after the previous day's sell off. We check the markets all day long here on Bloomberg. Right now the S&P 500 is up 8 tenths of a percent of 29 points at 38 51. The Dow Jones Industrial Average up 1% or 318 points at 33,165, and the NASDAQ's up 7 tenths percent or 68 points at 10,615, ten year treasury up 9 30 seconds, yelled 3.64%, they yield on the two year 4.21%. Nymex crude oil is up 2.2% of a dollar 64 at $77 86 cents a barrel, comic school that you transfer sent or $2 90 cents at 1828 30 announced. The Euro one O 6 O 6 against the dollar the yen one 32.27 and checking Nike this morning is up about 15% while FedEx is up more than three and a half percent. And as a Bloomberg business flash, Tom and Paul. Thanks so much, Karen, great leader. I appreciate it. Paul, just, you know, I never look at Tesla. I mean, you know, 300 and something down to one 39. He can barely get a bid this morning, is Karen mentions SPX is up 8 tenths of a percent. Yeah. There's apparently. Yeah, there's a lot of great reporting out on the Bloomberg terminal today about what's going on there. And we talked to Dan and I yesterday what Bush securities, who's been a supporter of Tesla, and of the electric vehicle market, and he's just kind of beside himself. The fundamentals are good. The company's doing a great job. But it doesn't matter. It doesn't matter. Okay. Right now, and this is important. We could do a three hour conversation with Jack Fitzpatrick. Ace Bloomberg's at the end of the year, it's supposed to be quiet and Washington reporter, but it's not. No. In the language I got from Anne Marie Horton Jack was stunning and that she said your city is in shock that zelensky will visit. Let's start with the why. Why is Washington in shock that the president of Ukraine will finally try to be a leader be normal travel and he'll show up in Washington? Why? Such a surprise. Well, I think the part of it is the security concerns and the logistics. I mean, even as the news started to come out yesterday that this was being discussed and was a possibility, it hadn't actually come out very clearly to lawmakers. It wasn't clear that it was going to happen. It was sort of the subject of rumors before it was a clear announcement. They had heard from zelensky via a teleconference before. They're not surprised to hear directly from him. They're not surprised to hear an appeal from president zelensky. But in wartime, the act of traveling and coming to the capitol itself is a significant thing for any foreign leader to do for him to do it as Russia continues to attack, I think, is the surprise. And the element of surprise literally that this wasn't announced in just sort of flipped out as rumors, I think, caught people off guard. He will address Congress within the chambers. Yes, in the house. So this will be the kind of setup that you see for a State of the Union, but instead of President Biden, it's president zelensky. I don't know necessarily if everybody is in the same place. I should clarify the State of the Union. They bring in the Supreme Court. That's not slated to happen here. But it's a joint address to both chambers of Congress. And it takes place in the house. Jack, give us a sense within Congress, the level of support for Ukraine here. I know he's making an appeal because there are some of the Republican Party that are concerned that are raising some questions here. Give us a sense of really the state of play within Congress. Yes, there are questions about what happens with House Republicans, especially because there's sort of a conservative wing that is much more skeptical about support for Ukraine. There have been some comments by Kevin McCarthy that then he's clarified and said, well, you know, we don't want to give them money with no strings attached. There's not a hard break though on support for zelensky. And I think if you look at the $45 billion funding measure specifically for Ukraine aid that just came out, it's pretty clear that at the leadership level, especially looking at Senate Republicans, there's a lot of support. It's relevant because president zelensky is coming here. I think hoping to continue that support and maybe making his case even to those House Republicans who might be skeptical, but they're about to pass a $45 billion measure just for Ukraine aid. So right now it's very, very significant support. Do we know Jack weather mister zelensky will meet with any Congress folks individually? He's got the one on one scheduled with President Biden and then in his tweet announcing this, he said there would be other important bipartisan bilateral meetings, he didn't specify what that means. And then there's supposed to be at least a photo op ahead of his speech with speaker Pelosi. Again, some of these specific plans still haven't exactly come out. So I don't think we can rule out maybe more with individual lawmakers, but that's the only level of detail we have right now. Maybe mister zelensky will see president Trump's tax forms along with everybody else. Eject Fitzpatrick just, you know, forget about the politics. You know, I get the Democrat Republican back and forth on president Trump's tax forms. What do we experience today? What is your prediction of what's going to happen in the next what? 6, 8, 12 hours. It's a wild day. On the tax returns, there is some confusion. I wish I had a good prediction for you on exactly how that's going to play out. I think there are still figuring that out. I don't know the exact time. So I wish I could give you a real prediction there, but on Capitol Hill between the decision being made on how to handle that. Zelensky coming and having to fund the government by Friday. We forgot about that. A lot that has to happen. Jeff is perfect. Thank you. Never dull. Let's just welcome for tomorrow right now. I mean, you know, you read the history books. There's one of my books in the summer, like ten years ago, it was a one volume on John hay. Who was one of Lincoln's two secretaries and ended up being Secretary of State for the older
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"Paul Sweeney and Lisa abroad in the S&P 500 ish lower at the open down a tenth of a percent or 31 points at 38 68. The Dow Jones Industrial Average down 8 tenths of a percent or 235 points at 30,781, and the NASDAQ's down 9 tenths of a percent or 98 points at 11,434, ten year treasury down 23 30 seconds yield 3.58% that yield on the two year 3.97%. Nymex screwed oil is down 1.1% on 91 cents at $84 82 cents a barrel. Combat school down a third of a percent or $5 50 cents, a 1672 50 ounce. The Euro is at .9961 against the dollar and the yen one 43.86. And let's look at Bitcoin this morning as well. Bitcoin, if I can just scroll my sheet down. It is off camera. It's down. It's done one in a third percent. It's an $18,850 fallen Lisa. All right, Karen, great stuff. We appreciate that. Well, I do not envy this Federal Reserve. On the one hand, they have to fight inflation, yet on the other hand, they have to try to avoid pushing this economy into a recession. I think that's what they call a soft landing, but boy, that seems like a tough tough order. Let's bring in somebody who does this stuff for a living. David Rosenberg, Rosenberg research founder and chief economist. David again, my risk is or my concern is more recession risk, but it seems like this Federal Reserve is laser focused on that inflation side of the equation. What do you expect to hear tomorrow? Well, look, I think that there are clearly going to go 75 basis points. The key is going to be, how do the dot plots look where is the terminal rate, where is going to the new estimate if there's going to be one for the neutral rate? A lot of the important stuff for the market is not going to be the actual move by the fed. I don't think they're going to go a hundred basis points. That would just be too much of a panic and totally unnecessary. But Powell's pressure and how those dot plots look somebody sneaks in a 5 handle in there sometime in the next few years, that's going to catch some eyebrows. But you're quite right. The fed, doctor Jekyll, and mister Hyde, a year ago, Jay Powell is the country's resident social worker. And now he's driving a nail in the economy. They truly made it look, you had Chris Waller come on and say, look, we're going to maintain this vigilance dance to the unemployment rate gets to 5%. Well, you're not getting the 5% from the low of three and a half on the unemployment rate without going into recession. The way their cards out. And frankly, I am a little bit baffled because the supply side of the economy is already thawing out. You see it in the participation rate. You're seeing it in supply bottleneck measures, but they're in a different orbit right now and actually has me thinking that this is less about the inflation that we see on the consumer producer side. I mean, commodity prices are already melting from where they were a few months ago. I think this is about taking the punch bowl away. I think this is more about assets creating asset deflation, getting asset prices off their bubbles than it is about consumer inflation, which to me is yesterday's story. There's a lot here to unpack. David, I want to start with one concern that people have going forward. You're talking about the dot plot and if there's a one 5% handle in there that will cause a lot of ripples. Where are we heading? Do you believe that we are heading back to a low growth low inflation low yield regime once we're done with this blip? Or do you think that we're facing a seismic change that makes a lot more sense for yields to stay higher for a lot longer? Well, really, the question is, what is the seismic change? Because when you take a look at what's happening with the economy, holistically, you know, through this entire wild roller coaster ride since the start of the pandemic. Real GDP growth in the United States has averaged 1.7% at an average annual rate. That's the initial COVID way with the lockdowns with the rounds of policy stimulus, the variance, now the feeding of the stimulus we've averaged 1.7%. Well, that's identical to the growth we had in our hands and the comparable period. Leading up to the pandemic. Unemployment rate is 3.7 right now. Where was it pre COVID? It was 3.5. The employment population ratio today, 60%, exactly where it was only 2019. So the only thing that's changed was that we got hit in the past couple of years with these recurring supply shocks, whether it was the variance, whether it was China locking down mega cities because of one COVID case, the war in the Ukraine. These were all, I'd say temporarily, big supply shocks on the inflation side. So I would have pulled the question back to you. Demand, demand growth, which is what GDP is is running the same trend now that it was in the two and a half to three years before the COVID. That's the trend. So we got hit with a gyration of the supply shocks. The Fran is going to drive the economy and the recession. I
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"Down futures currently down a 132 points. SUVs dropped 19. Well, NASDAQ futures are off by 69. The U.S. ten year, the 3.54% gold is down 7 oil is trading higher and Bitcoin is down by 1.3%. Hong Kong rose 1.2% overnight while European markets are in the red this morning led by losses in France and Italy. Back in the U.S. on the economic front at 8 30 housing starts and building permits at the Bella snipe Ford warned on higher supply costs and a deal news united health won a court approval for its $7.8 billion acquisition of change healthcare. In other news, a drastic drop in demand for crypto as a payment method has been spotted by JPMorgan in the past 6 months and wrapping things up Humana was raised to overweight at Morgan Stanley, Western Digital was cut over at Deutsche Bank. Live from the first year breaking news desk on Bill maloney Karen. All right, Bill, thank you to hear lie breaking news over your Bloomberg type squawk on your terminal sq, and that's a Bloomberg business flash. Now here's Michael Barr with more on what's going on around the world, Michael. Karen, thank you very much. Hurricane Fiona has strengthened to a category three storm with winds of a 115 mph as it barrels toward the Turks and Caicos Islands in Puerto Rico more than a million people are in the dark. Former president Donald Trump's legal team appears before the new special master, Raymond deary today, but they are opposing one of Derry's requests. Trump's legal team has refused a request by jiri to clarify actions taken to declassify material seized at the former president's Mar-a-Lago estate. It was a Monday Night Football double header the bills down the Titans, 41 7, the eagles beat the Vikings, 24/7, and baseball the mets won, clinching a playoff birth, the nationals and Orioles lost the Giants won. Global news, 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts more than a 120 countries. Michael Barr, this is Bloomberg Karen. Great Michael, thank you. It is 6 49 on Wall Street, we turned to news in
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"Maloney, though good morning. Hey, good morning, Karen. That's right. You as features are in the red after yesterday's strong clothes without futures down 98 points. Sesame strap 18 and NASDAQ futures decline by 74. The U.S. ten year old at 3.07%, gold is down 11 oil is in the green and Bitcoin trading lower by 1%. Hong Kong jumped 1.1% overnight while European markets are in the red this morning and back in the U.S. on the economic front at 8 30 personal income and PCE and a 10 o'clock fits Powell speaks at Jackson hole. After the Bella S night workday reported shares are up 11% pre market and a firm holdings is down 13% in deal news merch talks to acquire C gen are said to hit a snag over price and wrapping things up, Union Pacific was cut to neutral over at Iowa. Live from the first or breaking news desk on Bill maloney, Karen. Great Bill, thank you, and to hear lie breaking news over your Bloomberg type squawk on your terminal as few you AW K and that's a Bloomberg business flash. Now here's Michael Barr with more on what's going on around the world, muckle. Karen, thank you very much by noon, the Justice Department is set to release a heavily redacted affidavit explaining the justification for an FBI search of Donald Trump's Florida estate earlier this month. Agents removed top secret government records and other classified documents. Russian president Vladimir Putin appears to be trying to replenish his military by ordering a 13% increase in the country's troops strength. Russian forces have suffered heavy losses in 6 months of war in Ukraine. In baseball, the Yankees beat the a's 13 four. The Mads beat rockies three one, the Red Sox lost the Orioles one. Thursday night NFL preseason action, the forty-niners lost to the Texans
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"I'm Karen Moscow, and stocks this morning, their little change as investors parse through the latest corporate results by growing concern that Europe may lose access to Russian gas adds to recession fears. And we check the markets every 15 minutes throughout the trading day on Bloomberg right now. The S&P 500 is down about a tenth of a percent. It's down three points at 39 33, the Dow Jones Industrial Average down three tenths percent or 96 points at 31,731 and the NASDAQ is up about 6 tenths percent or 66 points at 11,780 ten year treasury up 1230 seconds yield 2.97%. They yield on a two year 3.19%. Nymex crude oil is down 1.9% at a dollar 97 at a $102 25 cents a barrel. Comex scroll down to 10% or $3 at 1725, ten ounce, the Euro 1.0223 against the dollar, the end of one 38 O 7, and Bitcoin is up 2.9% at $23,960. And we are watching shares of Netflix, they've been fluctuating a bit this morning moving higher than lower than higher again up about one and a half percent right now at reported better than feared earnings instead of expects to return to subscriber growth before the end of the year. And as a Bloomberg business flash, Tom and Paul. Thanks so much, Karen. Great, we appreciate that. What both Sweden and I do is we do careful research here. And with climate change being so much the story of the moment, we thought we'd go to the Singapore of America. If you go to the college of the Charleston, you know that like it's 88° today. It's not a big deal. Except the humidity is a 142%. That's the low country time. Bobby McGill from the college of the Charleston joins us right now on climate change and the president. Seriously, Bobby, what are we going to expect from President Biden today? Well, we're pretty sure that he's not going to declare a climate emergency today, but it looks like and we don't know for sure, but he's expected to make an announcement in Massachusetts. Promoting the offshore wind industry in the northeast, which is a key part of his climate agenda. But Bobby, it seems like a key part of his climate agenda was getting some congressional action, and that doesn't seem to be the case here. How much of a blow is this to the administration in one of the key parts of their platform? Well, it's a pretty significant blow, but you've got quite a few things you can do administratively And one of those things is what he is expected to do today, promoting clean energy. He's got millions and millions of acres of federal lands at his under his control, essentially. And there's a lot of clean energy opportunities there. And that's one of the things that he's focusing on now. Tell me about climate change. The impending fire season in the west, the level of drought away from the hysteria of the media. I mean, we all get wound up in this time as guilty of this as anyone Bobby. But what is the level of concern in Washington about the year after year drought and population expansion in the west? Well, I mean, the thing about Washington is that it's not in the west. So people in the beltway don't all get to see firsthand myself included, what it's like in the west. But I've been out there and I can tell you that just looking at the federal drought monitor right now, conditions there are pretty extreme. Ancient trees are burning millions and millions of I mean, Alaska is on fire right now. And it's pretty extreme. The Colorado River basin is running out of water. Yeah, I read about that. Bobby, I read about this. And yet, there's a whole group of people either as saying it's not climate change or they're saying we don't care, right? That's what they're saying. But the truth is that the drought conditions in the west are some of the most extreme they've seen in centuries. If not millennia and it's only getting worse and there's no end in sight. And the same is true for the wildfires out west. Bobby, you're down in D.C., how is this not a bipartisan issue where everybody can get together on this? I mean, it just seems like it's so well known so well understand that some changes have to be made some common sense changes, yet one senator from the state of one congressman from the state of Kentucky can just kind of put the kibosh on this whole thing. West Virginia. And it's true. I mean, there just isn't enough, you have largely a one political party that's mostly denying the impacts of climate change and the and they're just unwilling to drive the connection between fossil fuels and what's happening with you. How can they deny that to Republicans within a circle of 200 or 400 miles around Las Vegas? I'm fascinated how they can do that to people who wake up in the morning and go, what's my water bill going to be in two years? How do they do that? I think it's difficult to say, but there might be just enough plausible deniability that maybe this is maybe they think that it's cyclical somehow. But I mean, the truth is, if you've been in a place long enough, you can tell that these extremes are getting more extreme. And there's no end in sight. Bobby, thank you so much. Nice update there as we wait the president. Bobby McGill, with Bloomberg law. On mister Manchin, climate move and the rest. And we're waiting for the president to date is a language that's here for rich to pivot. Yeah. And you know, there is executive action from what I understand things that can be done as Bobby was saying that it doesn't, that doesn't feel like a fix that feels like a band aid that if you get a Republican administration in next time, whatever the president does today can just pull it back, which kind of goes back to my point. You know, unless you get, it seems like unless you get congressional action on some of these bigger issues, you don't really begin to solve or try to solve the problem. You don't have that will right now. I'm in the camp, the hysteria, hot temperatures, you know, I'm sure. It's partly July. Yes. You know? Exactly. The first time I went to Paris, it was a 104. It could have clearest memories of it as a kid. And the bottom line is wherever you are, folks listening. You know, it's 90, whatever, be careful. It's serious. Most of us have AC, we're lucky. We're fortunate. But it's not a big deal. Except now Paul, my right, it's the number of days. Right. We're at that temperature. Yeah, absolutely. And boy, I don't think you take a look what's happening with our good friends over in the UK. They're not used to this kind of stuff. That's a separate story. That's a separate story in terms of the heat and they don't have the air conditioning as well. But I also think of just the parts of the world that maybe don't have the infrastructure to kind of combat it, whether it's in some of these emerging markets around the world that are really getting hammered by climate change. They don't have some of the technology like air conditioning. For example, they're at more at risk. But it's an ongoing ongoing issue. So we'll see what the president has to say. And shout out to Bloomberg green. They've been doing great work in print and a little bit in media there as well. Thinking about this, trying to understand where we're going in this heat wave in the next one to come. And maybe even the frigid winters as well. Red and green on the screen NASDAQ with a little bit of a lift, the Vic's 24 .37 tomorrow. Our complete coverage, the important meetings, the critical meetings of the European Central Bank. This is Bloomberg. Sports are easy to disagree on. Let's see what happens when sports
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"Year's attack on the U.S. capitol wrapped up its first public prime time hearing Thursday night committee member Jamie Raskin democratic congressman from Maryland spoke to the press after the hearing The details of it are just absolutely unrefuted and they're irrefutable And the fact that we have elected officials in the country who are still trying to deny the truth is shocking to me Among the witnesses called was one of the many capitol police officers injured on January 6th Carolyn Edwards suffered a traumatic brain injury battling rioters a small group of protesters demonstrated near the home of Supreme Court Justice Amy Coney Barrett their homes of a number of justices have been targeted recently after a draft opinion was leaked that indicated the court is preparing to overturn roe V wade Three people are dead following a workplace shooting at a Maryland manufacturing plant It happened Thursday in smithsburg just about 75 miles west of Baltimore I'm Michael castner When the market day begins with chemistry help Kate you're a form this morning You can count on a reaction So then why do you say the doubt doesn't matter I'm not sure sarcasm Bloomberg surveillance Bloomberg radio Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app And at Bloomberg quick take This is a Bloomberg business flash And I'm Karen Walsh gawa and P future is moving lower this morning Let's go to the first word breaking news desk for today's morning call and here's Bill maloney Bill good morning And good morning Karen That's right no bounce in the U.S. futures after yesterday's plunge without futures down 88 points has to be dropped 7 while NASDAQ futures are only higher by 8 The U.S. ten year old at 3.03% gold is down 5 oil is climbing and Bitcoin is trading lower by .7% Japan dropped one and a half percent overnight while European markets are also under pressure led by 3.7% losses in Italy And back in the U.S. on the economic front 8 30 the consumer price index and a 10 o'clock Michigan sentiment after the Bella night AMD gave a bullish Salesforce but a forecast by DocuSign cut its full year billings outlook shares are plunging 26% pre market in other news Shanghai will lock down almost everyone in this city this weekend for mass testing and wrapping things up eBay and Netflix for both cut to sell Over at Goldman Sachs live from the first to breaking news desk on Bill maloney Karen Great Bill thank you and here lie breaking news over at Bloomberg type squawk on your terminal askew you AW K that's a Bloomberg business flash Now here's.
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"From across the aisle with New York Democrat Kirsten gillibrand partnering with the Wyoming lawmaker to finish and introduce the bill in the coming weeks The bill will cover a range of issues including banking taxes privacy and consumer protection and Thailand's biggest bank by market value has become the latest lenders seeking to capitalize on the metaverse craze SCB ten X will become the first banking group entity globally to develop a headquarters in the sandbox of blockchain based virtual platform and that's your Bloomberg crypto update I'm Jeff Bellinger Karen All right Jeff thank you and that's a Bloomberg business flash Tom and Paul Karen thanks so much Karen Great to have you back Thanks Three or four weeks It takes these long breaks and who knows where she goes Tucker was shadow Oh I know Yeah Don't like a day This felt like a day Karen thank you so much best day to checks Literally without exaggeration in the world Post training in time keen Right now Chris cassani joins us MAI capital Chris yield up price down bear market and bonds What do equity do What the equities do when a given index is down 8% in a bond world Oh I'm sorry Yeah we've got to I'm sorry Let me bring in Emily because I thought we had we do But we have Emily Wilkins is on She was talking taxes I think mister Biden is talking about taxing the billionaires Emily a 20% tax on billionaires It sounds good to me I'm not in that camp but it sounds like a revenue source to me What's the story Yeah it is going to be a new source 360 billion billion is the amount that the government expects to get in revenue If this goes into effect And this is part of the larger budget proposal that The White House is putting out today Obviously Congress that the one thing they got to do every year is past money to fund the government and that all begins when The White House sends their proposal to Congress Now usually Congress takes a look at this proposal and goes okay well that's very nice mister president and then goes off and does their own thing But it's a good way to sort of get a sense of where The White House stands and what the administration is thinking And what president Joe Biden is thinking right now is that he needs to start appealing to more moderate Democrats You're seeing a very fiscally conservative budget for democratic president the request is going to show a 1 trillion reduction in deficit spending over the coming decade It's going to go down 1.3 trillion from this year alone and a key part of this is this so called billionaire minimum income tax The only reason I introduced Christopher sante instead of Emily Wilkins is I finally discovered someone with a bracket worse than mine exactly Emily good morning I'm so sorry to not introduce you in the proper Bloomberg surveillance way The quiet word here Emily will be W wealth tax is that what they're talking about a wealth tax Well I mean the poll tested number that they ran past everyone to make sure it would be popular as though is the billionaire minimum income tax But yes I mean this is a tax that is aimed at the wealthy And this is actually something if you think about it that a lot of Democrats do have buy in and support We've seen pretty good polling among the American public saying that wealthy need to pay their fair share and perhaps even more important than that You've seen senator Joe Manchin come out Are we going to tax unrealized gains Cut to the chase I mean not that I have any but yes the idea is to tax both the income and unrealized capital gains of U.S. households worth more than a 100 million as part of this proposal that's going to be put out there So that's the Supreme Court Is that seriously They got to pass it If they pass it does it go through a judicial process We're going to tax unrealized gains That is what they're saying at this point I mean and let's be clear there are skeptics to this idea The powerful head of the House ways means committee chairman Richard Neal a Democrat that he says that you know he's proposed this income check Shirt surcharge He's a little skeptical about this idea that's been put out right now So we'll even see I mean this might not go any further than the Biden administration coming out and proposing it Congress might take one look at this and say thanks but no thanks or decide to go in a different route But it shows really the end of the day President Biden wants to continue to try and figure out a way to tax the wealthy and he's now looking at other options to do it then that social tax and spending bill the build back better which at this point the future is very uncertain on That's kind of where I wanted to go Emily what can this president this administration get done in Congress as it relates to domestic policy here I mean obviously everybody's been focused on Ukraine and Russia but in terms of domestic policy what can this president get done Well that's a really great question I mean at this point we keep hearing that there are these potential efforts to move certain aspects.
Bloomberg Radio New York
"karen great" Discussed on Bloomberg Radio New York
"To stabilize today but after one of the roughest patches ever for the digital coin analysts say holders are facing a technical price pattern with a name that suggests more pain ahead the death cross The measure shows up whenever an asset's average price over the last 50 days drops below its 200 day moving average It's an indication that its momentum is headed downward and although it hasn't occurred yet for Bitcoin quantum economics founder Matty Greenspan says it looks to be on course to hit later this week Meantime SoftBank backed Brazilian company to TM group which owns Latin America's largest crypto exchange says it agreed to buy a controlling stake in Lisbon based crypto exchange cryptologia Portugal is becoming a hub for crypto in Europe and two TM says it opens a gateway into the larger European market and that your Bloomberg crypto update I'm Renee young Bloomberg radio Karen All right ready to thank you And that's a Bloomberg business flesh Tom and Paul Thanks so much Karen great Pulse 3D and Tom Keane here To get the markets open in 12 minutes again features are lifting up Not where they were ten minutes ago but still a nice elevation The yield 1.72 percent On a pandemic and on the calibration of this pandemic there is a duration in a length amigo One of our themes today with Bucky and Sari Johns Hopkins University So if you look at South Africa I would have said 30 days However we peaked much higher in our population inherently different So I really thinking months I am not thinking that this is going to affect my summer plans So I remain hopeful that we're going to get past this peak soon So seriously you think I'm a crown will be wiped away by the 4th of July Absolutely Why do you say absolutely How do you get to that certitude So I think the fact is that when it peaks so quickly we expect the fall to be just as significant We're already seeing in New York and in Washington D.C. that there is now a reduction in cases which you know it's very very early but it makes me hopeful Plus you know they were looking at South Africa and the United Kingdom so you guys are kingdom of status as a taper South Africa from the first rise in the peak to the end was around 30 days So the viral transmission cycle here is smaller which makes us more hopeful that this will end sooner As we are more hopeful that the pandemic will end more broadly and become endemic we're left with a healthcare system that has been transformed I'm struck by the number of employees who have left the profession about the wage increases that they're demanding in order to stay there How much does this healthcare sector look completely different than what we saw two years ago So I think the healthcare workforce is just one piece of this puzzle The health system here in the United States is extremely complicated with what is the role of insurers right And how have they supported the COVID-19 response Now we're also hearing that some insurance are going to start covering COVID tests which I think is helpful for future pandemics but is that going to be the norm and how are they set up in the future And what is the power of the health system versus the state versus the individual hospitals in developing your search preparedness plans I think there is a lot of learning to be done I think with talk about series after action reports and hopefully there's a new way of us thinking about how does a health system support and a more unified retaliatory and manner What's the answer to getting people in the doors at hospitals at a time when we see massive numbers of vacancies that frankly a lot of health executives have said of our unprecedented You know I don't think money is the only answer It's very easy to say We'll just pay you more but you need to make this work environment kinda right Healthcare workers are also human beings We have the same needs So let's talk about what it means to be able to have children when your healthcare worker looking after patients who are infected How do we manage sick leave How do we give people time to recover What psychosocial services are available So it's really not just more money That is a stopgap measure We need to look at the healthcare workforce as a whole And think how does this become a place that people want to work and how do we bring back the passion of medicine Delta can I just squeeze in a final question and go to this statement from Novak Djokovic the tennis star who tested positive with a PCR test And the following day on December 18th he went to his tennis center in Belgrade for fill a long-standing commitment for an interview in photo shoot He found obliged to go ahead and conduct the interview He did ensure he was socially distanced and wore a mask except from when his photograph was taken Doctor for someone in your industry right now How do you react when you hear something like that You know I just think this cognitive dissonance right They haven't seen the worst the pandemic The worst of the pandemic sets in the ICUs behind closed doors So you know he treats it like a common cold And that is why we are here where we are right Because of individuals I make decisions like that I think my eyes roll over you know to be honest And I think oh I hope you just don't come to the relationship for a test Back to you on Saudi Johns Hopkins at university Paul it's that time of year Somebody asked me the other day when did I play my last hockey game And I gave him a story Good morning Taver academy Marion Massachusetts And there's a story Nobody cares About it but there's a point where your body just says no And one of my favorite people in baseball has just announced his retirement He's 38 years old and he's only won three World Series rings Who is that His name is John luster Yep And it was the way he carried himself through thick and thin up and down and I genuinely enjoyed watching him struggle last season You knew it was like when smoltz started to slow down or whatever but I just want to note and this is for everybody up in Boston with two World Series rings there 200 wins 117 losses 2488 strikeouts I don't know if those are any good Michael barreled Those sound like the numbers and those are numbers that I hear from the folks that are followed this Major League Baseball closely You're just not going to see those numbers again because the pictures only pitch a few inches every game and forget about pitching 6 7 8 9 innings They're pitching four 5 6 innings and therefore they're not gonna put up those kinds of numbers But yeah definitely a mainstay on that staff up there in Boston for that good run for you guys Just to see that and you know it's taken a high road Why go to spring training and be below average And it's not doing that Anyways John Lester one of the true class.
VUX World
"karen great" Discussed on VUX World
"Thanks, Karen, great to be here. It's a pleasure. It's a pleasure. So I do, and I think I do. It's only happened once and I'm yet to actually follow through on it, but usually the thing is, when people join VOX world for the third time, the hat trick, to celebrate the hat trick, which is a soccer reference for those people in the U.S. who might not be familiar. A hat trick is when a football player scores three goals and to celebrate the hat trick, which is.
WBEZ Chicago
"karen great" Discussed on WBEZ Chicago
"In schools, cases and hospitalizations among Illinois Children are up just weeks into the new school year. As of last week, the Illinois Department of Health traced 128 outbreaks to schools across the state. Chicago Tribune reporters Jomar and Karen Ann Kalata. They've been looking into this issue and they join us now. Hijo welcome, Theresa. Thanks for having me and Karen. Great to have you back. Hi, Sashi. And great to be here. Karen what is considered an outbreak And how is it traced back to a school. Sure. So this recently changed or should I say it changed back? So last spring when we were looking at what would constitute an outbreak in in Illinois school? To be five cases that was voted number and we're talking five cases from different households that shared time and space on school grounds so it could have been classroom. It could have been an activity. Now recently dropped down to two cases. Um, for this school year, I believe it was in August when I'd pH made that decision, and they were actually reverting back to a CDC recommendation that it be two cases. So as you can imagine, if you're going from 5 to 2 cases, you are going to have more reports it outbreaks because it's just easier threshold to meet. So to speak. Yeah, they make clear why they made the change from five back to two. Well, I was trying to get you know them to kind of give me a definitive answer. I was kind of surprised. The only way I found out about it was I was looking at their website of outbreaks. And all of a sudden I saw two cases and I thought, How is it too? I thought it was five and quickly made a phone call, and they got right back to me and said, No, it is two now. Um, but it sounds like If you get get it sooner rather than later, right? You are decreasing, potentially exponentially more cases. If you're waiting to hit five. There's going to be a lot more exposure, so I think they're just trying to be safe. They know the Delta Durian is Pittsburgh and I think they're trying to get ahead of this. Yeah. Where? In Illinois? Are we seeing the school outbreaks? Karen? We're seeing them everywhere. Um, if you if you go to the ID pH school outbreaks on the website and you go to counties, Um, we're seeing them everywhere from the city property to, uh, suburban Chicago. Of course, Central Illinois, Southern Illinois. It's all over. Joe. You both spoke with a number of experts for this latest story. What did they have to say about what might be driving this increase in cases among kids? Lots of big question. And, of course, there's not a lot of satisfying answers. What they're telling us number one is you look at community spread. You know, no matter the age If you live in a place for Delta, spreading your odds go up because the matter whether you're 80 or whether you can Um, But then you can also see you know which which, which helps explain that is where the spread is happening among kids. Um, we took a look at it through regions of the state that I'd pH breaks down. There's 11 regions. And when you just repopulation, you'll see kids, for example, who are 12 to 17 in the South region, where six times as likely to test positive for covid, his kids the same age in the region covering Lake and McHenry County's That's one issue. The other issue is that kids generally or drivers, a respiratory illness, typically whether there's a pandemic or not, um, they're more susceptible. They have more contacts. Um, so even like includes season. Typically, it's elementary kids, I'm told young kings That will drive it in the community and then also, you know, we have to look at where we are in this pandemic Vaccination, so kids are maybe rising faster than older groups because older groups are more vaccinated. You know, Now the older groups are less susceptible. Thank God right. The vaccines are working. Um, but when that happens, you know the groups that are more susceptible The kids, you tend to see the rise. Kids are also back to in person learning. Is that having a effect on the spread of covid, and that is the other minute. That's the other million dollar question, right? We don't have a status for it satisfactory answer, according the expert on one hand, We've talked about this infection rate when you look at it by each group those under 20 or the highest of any age group now, um and there's also what When you break it down groups that are 5 to 11 12 to 17. They're both rising. And, of course, you know the obvious. Look at his high schools are reopening. You know, it's more than a coincidence, right? But on the other hand, you've got the city arguing. Hey, there are studies out there and we saw it in the city itself. That Last year, Some schools were open and their schools weren't and we will compare the two which kids were getting sick. They say there wasn't a spike in among the kids going to school versus Sting virtually, and the experts I talked to will say, Hey, we don't know where there's not enough data. You know, that's one of the major complaints. This entire pandemic, you know is that the data can be incomplete. It can be old and what they'll tell me is in theory, Schools can be safe. You keep your distance where a mask test regularly. You can take swift action when Covid spotted Schools don't necessarily need to be a driver, but we got the reality. Right. We've got lots of complaints of schools with crowded hallways or testing. It's not regular universal. Or it takes days and days to get messages to parents to say. Hey, we've got a positive case. Um, so unfortunately, we don't have a satisfying answer. Yes to that question. Karen What more can you tell us about the response from schools in school districts across the state to these outbreaks? Yeah, I think I was disturbing saying I'm really taken by, um how in terms of Educators have been throughout this pandemic for what's like 18 months now, Um and they have dealt with Incredible challenges, not just in terms of keeping kids safe and their teachers safe and healthy, but also a lot of political pressures that were, you know, anti mask groups and so forth that have really There's been a lot of anger directed toward administrators in school board. So boy, it's been a really, really tough time for all of them. But I think what I'm seeing this far is kind of this Almost sense of okay. Here we go again. I think there has been High hopes that this would be a school year where that it would just be To be, and that is not the case and are still in the trenches. Teachers and I'm going to include parents and this has been very difficult for parents. Um And Children, of course and the students themselves. Joe, What are we hearing from students and families? You know, I think from students and families, there's just It runs the gamut, right, So it's It's almost a reflection of our political schism in this country, right? You have some students, some families who are like, what's the big deal? Let's get back. You've taken away my child's normal education. You've taken away. Prom's. You've taken away all these things. Um, and then you've got another. Wide group of people and arguably majority who are single. Hold on. We've got to take this. Seriously. We've got to do this right? Um, and they're among that group. There was frustration. You know that. We're trusting the schools with our kids. Are they doing everything right? Are they doing the kind of testing they need to be doing quickly? Are they telling us when kids are getting sick? Um and I think right now, I think most parents are going with us. Um and and it just trying to trust the system. But there is a lot of fear a lot of fear. Joe Covid hospitalizations for kids. It's that's still relatively rare and deaths even more rare. But what is the latest federal and state data show about these incidents among kids here in Illinois? Yeah, You're absolutely right. It is. It is rare, but sadly, it has been rising. Um, there's a couple ways he measure it. You can measure it through just confirmed covid cases. That's when somebody's admitted, and, you know they've got covid. The test came back positive. You can also throw in suspected cases, and they often do that because it can take tests a while to get back, and they want to keep the data and they don't want to undercount. So the truth is going to be somewhere in the middle of these figures, But roughly six a day are confirmed admitted pediatric patients across the entire state. Um and roughly 40th of looked 40 when you add in suspected cases a day, um and that's up. That's up to roughly among the highest numbers of the pandemic so far for Children. Um, so that's that is concerning You're listening to reset and I'm Sasha and Simon's and we are talking about rising covid cases and hospitalizations among Illinois kids with us to discuss our Chicago Tribune reporters Jomar and Karen Ann Kalata. Coming up in a little over five minutes on the program. We're going to hear one man's experience contracting a breakthrough case of covid..
WBZ NewsRadio 1030
"karen great" Discussed on WBZ NewsRadio 1030
"It's nightside with Dan Ray WBZ easy. Boston's news radio. Okay, we're going to try to get everybody in. Let's go to Tom and Lynn. Tom. You were next on nightside going to hit Tom. Hi, Dean. It's not why I called. The last call is Susan from Chicago. There, you know the taxes. It's uh if it if it moves saluted if it doesn't paint it. That's another. That is another phrase. That's when you're in the army, but, uh, I think the tax policy is tax only two things. Things that move or don't move one of the other. Go right ahead. Um, okay, but I like the I like the open line thing here. What I want to, uh, run by you with the new government in Afghanistan going on about three weeks ago. Started with the precedent. Uh sake, the press secretary, she said something paraphrasing her, she said. If the Taliban does not play nice, the international community will kind of rolled my eyes. Couple of days later, somebody from D O D or states that essentially same thing Now, for the last week and a half we begin that's getting a steady diet of that. The tyrant, Taliban and move government and an inclusive And I say to myself, what is wrong with you people? What do you think they're gonna call busy and say, Well, look at the Dan rate Trump. Look here. Here's the Here's the United Nations Secretary General. Antonio Guterres, listen to what he has to say He's ready to, like, Give this guy the keys to the kingdom. This is cut 29, the U. N secretary general, if you've ever if you have any faith left in the United Nations Here you go. 29 Rob, that is leverage. But it would be necessary for all the elements of the international community to come together and to engage with the Taliban. Positively because I think we need to engage with reality that is there but at the same time to provide the Taliban the idea that they can become part of a normal world if they are able to do a number of six and other things I described. Oh, yeah, they don't kill as many women. Oh Oh, yeah, He's going to be great guys. These guys would have been talking about Hitler. During World War two. Well, he's not a bad guy. You know if he's coming, just Yo, if you treat these people a little, Yeah, These guys are losers and and for us to leave the Taliban in control. There is a disgrace. We'll talk about that later this week. Okay, look in the 18 forties, They drove the British out. Then they drove the Russians vote. Then they drove us out. Now. They're not doing what they what they want What we want them to do. Why? Because they won. What do you doing is in character? Of course it is. Yeah, yeah, religion. It's their culture. Er, Yeah, You can't say that. You know you can say it on this show, but you can't say that generally, because that's that offends the sensibilities of some people, Tom, you know what I'm saying? I do. But listen to people like Millie and the defense secretary invite. It's just so incredible in the N s sick could be played from a Gutierrez where his name is incredibly simple minded. It drives me up the wall with you. I am right up there on the wall with you. We should have turned it into a parking lot. Okay. Simple as that. Time and got to let you go. I got too many calls here. Thank you Much, my friend. You need to call this show more often, Okay? Yes, sir. Have a great one. Good night. Let me go next to Andy and low in the You're next. The next accurate hit, sir. He and Ray, how are you? It's it's Andy here. The good looking guys from low that just wants to shut on a date. That's all. But I was talking about his earlier and you were talking about the electric bill. As I say, it's electric. Lookie, lookie, lookie. I had to call my guide today because they were going to shut me off now that they are They're all done. That covid thing this shutting people off, But they gave me a payment plan. I'm on. How much do you owe them In the How much do you owe him as long as I can. How? How much do you owe them, Andy? Oh, the rear was not even much about just 70 somewhat dollars. Come on. They shouldn't be shutting you off a $70 for $70. You should be considered a good customer. Well, I was going to have Vinnie and don Vito over here with the wire clippers down and catching a meter. You know, it was. I don't want to mess with the business guys, you know? Yeah, No, just, you know, Andy, look, Come on. Winter's coming here. You know, you gotta Yeah. If this was springtime and say, don't worry about a thing, But, Buddy, uh, great. Taken a drive away. Let me drive you out for the night. I'm Andy Garabedian. You're listening. Dan Ray on WBZ. NewsRadio. 10, 30. Nice job, Andy. Nice job. Thank you, man. Talk to you soon. Real quickly got to hear Darryl. I got like a minute for you in a minute for Ron. Go ahead, Darryl. Then we lost Darryl. Okay, Darryl, if you want to be like that, Darryl was up in New Brunswick. That means Ron gets like a whole minute and a half. Hey, Ron, how are you? Finally, how you been? Dann Oben Great. Been on vacation back tonight, getting back in the swing of things, so we're in good shape Run. I think that guy's electric bill. I'll take that all day long. 77 well established what he said. I asked him what he was behind. He said 500 with the run from Eureka. Whoever you just have before me. Yeah, he said it was 70 bucks. Well, that was that. That was that was Andy from Lowell. OK, 70, And then you were talking about the tax Everything Did you see? Did get the L. C at the party with her dress. No, I didn't You look you're going to sorry I told you this. Look it up. I'm not going to look at it. Look at AOC and address with maybe trashed on The back of it. Big red letters, tax the rich and fusion and she's at a $30,000 a head party. Well, that's you know. Hey, that you look at our elections have consequences. Run. I appreciate it. Okay. What did we do in 17? 76? We got rid of the British for all the taxes, right? I don't know. We don't get enough to eat a plant You got you got you got 2022 coming up, Ron. Okay, Elections have consequences. I bet talk to you soon. Yeah. Go for it, man. Doctor soon. Good night, Carol in Brunswick in New Brunswick. Darryl, I can give you only 30 seconds. I don't know what you were doing before I was calling for you and you left us. Go ahead, Darryl. No, we lost contact. Yes, we did You make out on his push to, uh, Ground zero. You did What? How Paul, you make the ground to ground zero. As a matter of fact, if you listen last week, he made it to ground zero will have to check in. Maybe maybe we'll check in. He did a great job. Maybe we'll check in with him sometime this week, because he really did do a great job. He made it there on Saturday. I think it was at 1 15. He did a great job. Really don't sports t They have since gone to coffee now, right? Who's that? The Brits reference the comment from your last collar. We've now switched to coffee. Well, I don't know. There's still people drink tea. But anyway, we'll save that for another night. I was just trying to be will common for it. All right. Well, don't don't give up the data hub. Thanks, Darryl. Duck you soon. Have a great one, buddy. Thank you very much Done for the night. Rob Brooks. Great job. Nancy Morita and Karen. Great job to all the callers. It was a fun night. It was a different night. Ladies and gentlemen, get out and vote tomorrow We'll have coverage for you. Tomorrow night. We'll let you know who will be the two finalists from Mayor of Boston. Also a lot of other important races, All dogs, all cats, all pets go to heaven. That's for my pal Charlie Reyes, who passed 11 years ago and February. That's all your pets are who have passed. They loved you. When you love them. You'll see them again. Hope to see again tomorrow night on nights. I'd have a great Tuesday, everybody. Dan Rafer nightside. Good night and good.
Weird AF News
"karen great" Discussed on Weird AF News
"I nearly covered a story recently where a woman had to be duct tape to her chair because she kept trying to open the door and exit the plane lady. You can't open the door we're flying and they duck taped her to a chair. You need training for this sort of thing so flight attendants or stepping up the game. It looks like in miami alone. The transportation security administration plans to train hundreds of flight attendants this summer and fall and self defense skills. They're restarting the half day. Course that i developed in two thousand and four but that was recently put on hold. Due to the pandemic the skills include how to strike stomp and subdue violent attacker. My favorite verb. And there's stomp we're going to teach you how to stop an unruly passenger. Yes our self defense class includes how to choke out a karen great teaching them basically how to subdue a violent attacker a scenario that these flight attendants say that they hope they never have to encounter amid the return to air travel this year the number of unruly and violent passengers is increasing more than one hundred incidents were reported to the federal aviation administration in the last week alone for a total of more than three thousand six hundred incidents so far this year that is a ton of violent passengers. Now these flight attendants are taught a very specific set of de escalation techniques to handle difficult passengers. Such as sleep these passengers might act up over a a tray table or something to do with their suitcase. That won't fit in the ben and of course there's always the masking regulations. The customers do not like to wear masks on planes and that has led to some stories that i've come across. They say the defiance violence that accompanies. This return to travel is testing. All of these skills. Instructors taught a range of skills from a defensive stance to blows that can be delivered on a would be hijacker. Desperate to commandeer the plane. Ooh they're learning how to take down. A hijacker as well or a terrorist is fascinating. One particular instructor likes to use a mannequin to demonstrate a last resort method of going at an attacker's is. Here's a quote from the instructor. You're going to possibly die on this plane. You need to defend yourself at all. Costs take out. The is teaching them how to just about someone's eyeballs these flight attendants or they're getting tough men much you just give them tasers and bear mace when he can't actually spray bear maize on a plane because that would affect all of us but i think tasers are a good thing to have. Just keep it right under their little hat as a or to. It says here. Most encounters on planes with unruly passengers never rise to the extra level but the federal aviation administration summaries of more than forty onboard incidents in recent months show the brazen descended flight attendants tasked with addressing in one instance. The faa claim that a passenger quote tried to open the cockpit door repeatedly refused to comply with crew members instructions and physically assaulted a flight attendant by striking him in the face and pushing him to the floor. After crew crew members restrain the passenger in plastic handcuffs he freed himself from one of the cuffs and struck the flight attendant in the face a second time and about three quarters of the incidents reported involve passengers violating or repeatedly define the federal requirement to wear a mask when on board a plane. Another common theme is alcohol so much so that many airlines have withheld alcohol service on particular flights. These flight attendants are finding jobs harder than ever and more dangerous than they ever anticipated. Conflicts arising very quickly these days. Everybody's tents so. The training is absolutely necessary hobby. Lobby's one point. Six million dollar epic of gilgamesh tablet has been forfeited. Why does the hobby lobby heaven. Epic of gilgamesh tablet very curious where they would buy. This is an undisputed and their stores are they. Are they selling it. What is how did they get. A hold of an epic of gilgamesh tablet is probably only like two in the world. Like what is what is with these hobby chains in their historic clay tablets..
WFAN Sports Radio_FM
"karen great" Discussed on WFAN Sports Radio_FM
"And your report down Brookie and you're not playing much your endorsements go have a good chance to be not as good as if you are a guy at a university and a star player there. And maybe that was your home state as well. Yeah, I do believe they could make more money with endorsements and and I l deals on the collegiate level. If and it's you're right. It's all speculation because when you're making the decision whether to come out and I'd You don't know where you're going to be drafted. You can get some good inside information, but nothing is going to be written in stone. I think they're going to be some guys that actually will be told it be more beneficial to stick around and do this for another year and cash. One more check with your university. And you know what? It has always been a story that when you're making those kinds of decisions on whether or not to go pro, you need to have information that you absolutely trust they that they have your best intentions truly in mind, not just financially, but For their own gain, but really thinking about what's best for that individual player. That's always been the case, and I think it's even more serious now, and I think it's good that a lot of these colleges are putting together their programs. Help educate all of the student athletes on the best ways to go about and making sure all this name, image and likeness stuff is done responsibly with the best intentions possible. I think that's going to carry over to your long term financial positions that you need to take. Into serious consideration when you are making decisions on what you're going to do, turning pro because it's a tough decision for a lot of players to make, and I'm sure that some of them don't make the best decisions as we see every year, but players that don't get drafted either in the NBA or the NFL. There are some players that you kind of scratch your hadn't seen. Maybe it would've been better to come back for another year. But it's going to be really important for colleges to make sure that these players are getting the best information possible from as many Allison's new they need. All right, let me give you another hypothetical and I thought all these things through and I don't know the answers, but maybe you're closer to it so you can give me better speculation and is rummaging around in my head. Let's say you're in a major college market pick whichever one you won't say, European state guy. You're in state college. Okay? Um, I was there for one football game. But I've never been there any other time. Um, I'm guessing there's at least one major car dealership with in State College, Pennsylvania. Would that be accurate? I always want you to say yes, that's a safe bet. Got you? Uh, I'm sure they have an ongoing relationship with Penn State. Maybe they advertised at the games or something. Along those lines. The official car dealership of Penn State football is Jim's auto on Main Street. Didn't uh, whatever nearby town just off the campus is there and they've had this ongoing relationship with Penn State. And the Star player from Penn State comes and says Listen, how would you like me to be your endorsement guy? How would you like me to go on your billboards? How would you like me to do personal appearances and they've only got X amount of dollars in their advertising budget. And they may have to take some money from their ongoing business that they do it the university because they do want this guy to be their spokesman for their cars. Will we have an actual competition between the university and its players for certain advertising opportunities? That is a fascinating hypothetical. I have not thought about that one. I don't I don't think that they will come into place too many times. But that will be very interesting to see if things uh Lead to some tension with the financial dealings. I would guess that a lot of these business partners and advertising partners probably had some contact said already met out years in advance, so I don't know exactly how that game works. But that would be amazing to me if a player comes in, and he starts feeling some of the money from his own university. Because of this, I I don't know if that would be a serious concern. But, man, I am going to be tracking that for sure. Now, all right, And when you find the first instance when this pops up, I don't need written credit. But I need you to at least say Damn. Jodie Mack was right about that. I didn't know if that was gonna happen, and I'm telling you, at some point it will become a story Don't know when might not be this year might be several years down the road. But there will be a fallout between a local sponsor for a major university because they re allocated their advertising budget toward one of the star players in that program, mark my words. It's going to happen. I don't know when I don't know where, but it will happen. And it's a story that you can go ahead and write. And you can leave my name out of it, Karen great stuff thinking about you when that does happen. You please do so, Kevin. Good stuff. I appreciate you coming on board. Have a great for tomorrow. Thanks for giving us some insight tonight. Thanks, Judy. Always a pleasure. My pleasure. Kevin Maguire from Athlon Sports. Talking about the name imaging Like this decision. He came down with the Supreme Court this week. See, And and maybe it's just because I'm a cynic. But I would let my mind go to a potential like that. That's a competition between the university and its own player for advertising dollars could rear its ugly head. And I feel badly when I do that, because I want to be happy for the players that forever. I don't want to say forever, but for too long have helped generate Millions of dollars for their university and haven't gotten enough of a slice of the pie. And again. I'll get some calls. Joe, Do you know what a college education talk? I want to send my son or daughter to that universe, But I don't have $50,000 a year that I can pay tuition and books and board every time I got that. The college players. It hasn't been slave labor. Let's put it that way. They're getting a free education, free room and board the chance to showcase their skills so they become become professionals. I'm not trying to make it out like their slaves, but I don't think the balance between general revenues generated and how people benefited from it. Was right. And this is a way to try and balance the scales a little bit. So I'm rooting hard for the young athletes to figure out a way how to best make money themselves on their talents and their skills while they're still honing other talents and skills in their sport. But I do often times let my my mind go down the road of Yeah, But what happens if I can see this becoming an issue? Yeah, That's just me. The Senate Jodi MacDonald. Get on the cynics. Telephone line 855 to 1 to 4 to 27. We call this the Saturday night Get together here on CBS portray Dia..
The Stories Behind Wine
"karen great" Discussed on The Stories Behind Wine
"That that's really interesting. In that. shows me a desire to grow and learn. And that's important to be so i'll say continuous improvement and then they need the most important is excellent. And that's how do you define excellence. And how does that translate to your interactions with guests. So what's the perfect experience. Look like and how do you strive for excellence in all of your interactions with your gas in your team members and are usually kinda wanna hear examples but those are the commonalities that i'm listening for in an interview because i think those are really important pillars to being a solid visitor center host or or hospitality professional really. Yeah and i liked that you included not just excellence toward your guests but also toward other team members because especially in an environment like quinta that luxury environment like. He's mentioned it's a small team. Everybody plays a few roles and that really does translate to the guest ultimately. I think that that's very very important. So as we wrap this up morgan. This is such an important time for napa. We've taken it on the chin. Pretty good the last year. As i know the entire country has but we got the double-whammy of no tourism and we were on fire so we've had a bad year here of a challenge a year. I should say maybe not a bad year but a challenging year. And it's so exciting. I was watching. I got an email today from wine. Jobs dot com. And i'm a big fan of theirs and there were twenty five listings. When two weeks ago there was like two so it's very exciting to see jobs opening up here and getting ready for a great summer season. The tourists are back at least on the weekends. We're full the. Are you guys pretty full on the weekends. now we're almost back to summer levels. Summertime the lao people are so excited to be out and we are so excited to welcome them. Yes yes we have. Visitor center hosts positions open. We will be opening a support physicians. Well maybe a couple but we are ready to welcome guests. Backer already seeing such an visitation. And we couldn't be happier. Yeah that's so awesome. It is very excited. And it's great because it's also bud break but just started popping out so it's like this really cool exciting time to be here in napa whether you're looking for a job this is a great time become to wine country napa sonoma wherever. It's a great time to look for work up here. it's also if you're just like experience wine country. This is a beautiful time of year to come. It's starting tomorrow with. We got nothing but seventies ahead of us. And it's going to be beautiful so either way you can't go wrong coming up to napa for enjoyment or for employment. Either one works morgan. I really wanna thank you for sharing your insight. Think it's important for our audience to really open up their minds to all the different opportunities that there are and that sometimes doesn't take the requirements they think but it takes other things. They hadn't anticipated. I think that that's really good for them to know and help them really pursue their dreams. And all that. That's with this podcast is all about so. Thank you very much for joining me today. Thank you so much for having me. Karen great and i hope the audience has a wonderful visit to napa soon contests. You never be sorry and you so much sir. Thanks morgan taken karen. Thanks so much for joining me today on. Wine were compassion. I hope our show has inspired you to follow your passion for wine and find a job in our dynamic industry. Our goal is to make this podcast all about you. So we'd love to hear your suggestions for wine job related guests topics you can submit your ideas by emailing us at w. w. p. at napa valley wine academy dot com as always. If you enjoyed the program we appreciate a good review on itunes and feel free to share wine work and passion with anyone that could benefit from it. Thanks again for listening and we'll see you again next.
Newsradio 1200 WOAI
"karen great" Discussed on Newsradio 1200 WOAI
"Under w away. I'm Mrs Sidebar Nico LaHood. Well, we need to talk a little bit about the LaHood Norton law group. You guys, They're still at it working. And, yes, we are. Have a knish. You They can make an appointment and you sure that's a good thing. I got an issue of it. Yes, it were criminal defense firm. We do other things as well. We work with personal injury lawyers because we're litigators, and that's it. And we do other areas as well. Some stubble probate, we refer cases out, but our our focal point in our new place is criminal defense work. All five of us in the office or former Prosecutors for the five high level prosecutors in the past and I'm just honored to work with him Every single day. I learned something new from our team every day. I mean, somebody teaches me something and I'm always open to learning something everyday. But collectively, we believe that we defend and protect and make sure that people that are being accused or looked at by the government that they don't overstep their bounds and that the Constitution is protected and their lives and that there is due process fundamental, fair play. And it's not just if somebody's accused, even if they're under investigation or suspected of something, or someone talking about something any time that individual is in a situation where they need to speak to law enforcement or some type of governmental agent agency or agent. They should have a lawyer with them, And that's what we do is well, it's the end and it's because of the law. The set of rules that we follow that you can do that You can have another side, but I think that right now there is no set of law like it's almost as if people are making up what the new laws should be, and that's why I feel like there's chaos. But one thing I notice is when it comes to the Democrats. Love him hate him. Whatever they are organized. They have a goal and they will not stop until they get what they wanted. With that you can disagree with that. That that that's Ah, very Think objective observation and it's It's accurate. There is more unity on that side. You think about that. I think some of the criticism I've seen and heard lately on the Republican side is the fact that You know the left hand doesn't know what the right hand's doing. And then everybody is kind of like divided. You know, every man for himself every woman for herself type deal. There is no one idea there's fighting, and there's actually consequence on the Democrat side for not falling in line, though the primary you are there will do whatever will have opponents against you. And they want everyone T B on. I've heard some Democrats over the years sake I grew with. I grew it this opinion, but I can't say it. Why not? You still freeze it is citizen. And you run it under a platform. That doesn't mean because that doesn't mean you can't have an opinion. I mean, I think Tulsi Gabbert good prancing. Her name right is an example lately of someone who's still identifies herself under the Democrat platform. But she's speaking American values really, and the way she's talking She's speaking like a classical liberal, a client, not a leftist, The classical liberal somewhat. I mean, and that's why in the past I mean, I'm glad this came up and great if you intend to do this, Karen great Sedwick. That's why you're the conductor. But that's why in the past, George and Karen Democrats and Republicans got stuff done because you had a foundation of a green on you, 30 or 40% of issues because they were American issues. We're proud of this country. We had values American values that everybody agreed on, and we disagreed over whatever else And then we can debate and banter over that issue. We can persuade at one point or another during an election cycle, but I mean, she's a wonderful example of the time in the past, where Republicans and Democrats really didn't agree on a whole bunch of things. But that's why they got a lot of things done. Yeah, I mean, there's always been some some bitter fights back and forth. You know, over the history of the republic, as Democrats and Republicans go, no question about that, but you're right. There was there was an agreement around. The greatness of the country. You know, and the God given rights of life, liberty and the pursuit of happiness, this the sense that the ideals of the country were superior and worth fighting for and worth aligning on. And coming together on and the problem is that that has fractured right now, and we have two entirely different visions of what America was. And what America should be. And so that's the problem. It is increasingly difficult to find basic common ground from which to move forward and that we have said many times in here and I think we can ever overstated. Is really false, almost squarely on the shoulders of the faltering American educational system that has been infiltrated by individuals who can't stand the country and you have a very tented view of our history. I mean, we have been meaning to talk about that for ever. And I want you to explain that because you have told me but I want you to go into depth of, you know. What do you mean, when you say like the Chinese are funding? Are colleges and that creates the influence. And why. Maybe college students don't know our history. I mean, how can they do that? Yeah, well, we know from just objectively at least a year ago, I think if everywhere, 2010 department education learned That colleges and universities over 2010 and 2020 I'm sorry for every 2020 Thank you for that. That's an important correction. She just off by a decade, But yeah, but the department education, I think I think it was reported to US News and World Report. Disclosed the colleges, universities have failed to report a part of something like $6.5 billion in gifts and contributions from nations that are hostile accuracy. United States chief among them China. And so we know this objective facts. These are objective fact. Absolutely. As an attention, 10 schools out of the list of something like 50 10 schools have, Uh, How do I say this nicely received about 3.6 billion bucks and believe it at Texas A and Amazon list. University of Texas is on that list. And what is this money being received for you Think about what George is saying. So so? So I'm gonna, um Billy billionaire who has all this money, and I want to give an endowment to ABC College. I'm gonna give him $3 Million endowment. Okay, well, then, guess who's gonna have an influence on how that money spent are are different policies Now, Is it A is it? I'm not saying it's anything the fairy is, but its influence. It's like, okay, here's this and that's why when people get big donations to campaign to two candidates, they think that they're gonna have an Inappropriate influence over that person, and that's where it takes a moral compass and integrity to say no that you can donate the money if it's legal, but you're not gonna have any undue influence on me. You get what you get with me. And so that's what George is talking about. When he's talking about this money that's being poured in by these outside influences. Well, of course, that kind of money is gonna have some pretty incredible influence. And then in the end, the evidence is going to speak for itself. So they can pay all that money if you didn't see an influence over the school, within good for the school and the moral compass of that school, But I think the point that George is objectively making is that that's not the case. You know, this is kind of on the just on the Lord Bless you. Anyway, I'm just gonna say this on the tail end of About Harvard's chair Department of chemistry and chemical biology, was indicted for lying about his involvement with 1000 Talents program, which is a Chinese. Initiative. It was a sort of overseas recruitment mission for top top to your research. You get again, George, Please come in that say that again. Okay? Yeah. The department chair of the Harvard Department chair of Chemical. I think chemistry and chemical biology was recently indicted for lying about his involvement in 2000 Talents program. Which is an overseas Chinese recruitment effort of top to your researchers and scientists and yes for nefarious purposes for the stealing of technology, the stealing of intellectual property..
WTOP
"karen great" Discussed on WTOP
"Cabinet nominees, and it could be anything but smooth sailing for some of them. Which means most will likely not be confirmed by Inauguration Day tomorrow. Joining us live to talk more about it. Washington Post National security reporter Karen Emergen Karen Great to have you here on w T o P, which nominees are getting hearings today? And why is this process so delayed? Well, you've got spiders, you said. So it's the nominee for director of National intelligence. Averil Han's secretary of state Tony Blinken, Defense secretary nominee Lloyd Austin, Treasury secretary nominee Janet Yellen and Homeland Security secretary nominee of 100 My carcass. Look, this is there's a huge number of reasons for why this is more delayed everything from the Georgia Senate races not making clear who was going to control the Senate to the right of the capital, creating delays to the upcoming the deal to work out the terms of the upcoming impeachment trial to your standard partisan gridlock that his, you know, infected all parts of DC for years now. And so what you've got is a situation where they're trying to cram in all these hearings before Inauguration Day in the hopes that maybe they can do all the procedural stuff that they have to do to actually get some of those confirmations through the floor. It's looking slimmer and slimmer like that. It's possible that any of these will actually happen on day one, even though the Haynes intelligence and yelling at Treasury nominations are really not contentious at all. I think that you may see some of them happening this week, but I think we already know that people like um, Lincoln's nomination I'm gonna pushed up to next week. Austin needs a waiver to actually be able to be defense secretary because he hasn't been out of uniform for the required seven years. So that's probably take a while. And there's um There's potentially going to be some objections from Republicans to the DHS secretary nominee, So it's you know, a gesture of moving forward and trying to hustle, but it's not necessarily gonna get them to the finish line. Um, by day one, which is standard really, for a president to have at least some of his national security team in place at the get Go. Sure, so so what can this mean for the Biden administration having these delays and not having the personnel in place? In the way that other administrations have with when they have started. What could this mean for him? You know, really getting his agenda going as early as he wants. Well, we're not talking about a delay of forever, and we're not talking about killing these nominations, so probably we're talking about adding, you know a delay of about a week ago at tops to some of these may be slightly more with with others. But just generally speaking, it's not the white the foot that they want to start out on its slows things down. There are competent career officials in places the acting secretaries for the duration it takes to actually get the people confirmed. But you know if I didn't want to come in to make a splash and and have this agenda that would say from day one he was going to correct so the ills of the Trump administration and he's slightly him strong and slightly delayed, So it's more of a You know, presuming nothing terrible happens in the next week, In which case it's a different story, right? But presuming that things are fairly common. The world. Um it's just a psychological impediment for getting going and and promising a new era, which is what he tracked do during the campaign, and they're after. But as we've seen the last few months have been hamstrung with all kinds of delays and slow down and and political arguments that have hampered that. So this is kind of just, you know, if you can't just snap your fingers and have everything change on Inauguration day, and this is more evidence of that. Karen, Thanks so much. We appreciate it. Thank you. Karen Emergent of the Washington Post. Let's get a look at Wall Street. Jeff Klee bomb the Dow is up 90 points He s and P 500 index is up a half percent. The NASDAQ's up 1% Money news in 10 Minutes on Double D T o P sports at 15 and 45, powered by Red River technology decisions aren't black and white. Think red to Dave Johnson, where you start.
WTOP 24 Hour News
Senate Begins Biden Cabinet Confirmation Hearings
"Hearings on President elect Joe Biden's Cabinet Cabinet nominees, nominees, and and it it could could be be anything anything but but smooth smooth sailing sailing for for some some of of them. them. Which Which means means most most will will likely likely not not be be confirmed confirmed by by Inauguration Inauguration Day Day tomorrow. tomorrow. Joining Joining us us live live to to talk more about it. Washington Post National security reporter Karen Emergen Karen Great to have you here on w T o P, which nominees are getting hearings today? And why is this process so delayed? Well, you've got spiders, you said. So it's the nominee for director of National intelligence. Averil Han's secretary of state Tony Blinken, Defense secretary nominee Lloyd Austin, Treasury secretary nominee Janet Yellen and Homeland Security secretary nominee of 100 My carcass. Look, this is there's a huge number of reasons for why this is more delayed everything from the Georgia Senate races not making clear who was going to control the Senate to the right of the capital, creating delays to the upcoming the deal to work out the terms of the upcoming impeachment trial to your standard partisan gridlock that his, you know, infected all parts of DC for years now. And so what you've got is a situation where they're trying to cram in all these hearings before Inauguration Day in the hopes that maybe they can do all the procedural stuff that they have to do to actually get some of those confirmations through the floor. It's looking slimmer and slimmer like that. It's possible that any of these will actually happen on day one, even though the Haynes intelligence and yelling at Treasury nominations are really not contentious at all. I think that you may see some of them happening this week, but I think we already know that people like um, Lincoln's nomination I'm gonna pushed up to next week. Austin needs a waiver to actually be able to be defense secretary because he hasn't been out of uniform for the required seven years. So that's probably take a while. And there's um There's potentially going to be some objections from Republicans to the DHS secretary nominee, So it's you know, a gesture of moving forward and trying to hustle, but it's not necessarily gonna get them to the finish line. Um, by day one, which is standard really, for a president to have at least some of his national security team in place at the get Go. Sure, so so what can this mean for the Biden administration having these delays and not having the personnel in place? In the way that other administrations have with when they have started. What could this mean for him? You know, really getting his agenda going as early as he wants. Well, we're not talking about a delay of forever, and we're not talking about killing these nominations, so probably we're talking about adding, you know a delay of about a week ago at tops to some of these may be slightly more with with others. But just generally speaking, it's not the white the foot that they want to start out on its slows things down. There are competent career officials in places the acting secretaries for the duration it takes to actually get the people confirmed. But you know if I didn't want to come in to make a splash and and have this agenda that would say from day one he was going to correct so the ills of the Trump administration and he's slightly him strong and slightly delayed, So it's more of a You know, presuming nothing terrible happens in the next week, In which case it's a different story, right? But presuming that things are fairly common. The world. Um it's just a psychological impediment for getting going and and promising a new era, which is what he tracked do during the campaign, and they're after. But as we've seen the last few months have been hamstrung with all kinds of delays and slow down and and political arguments that have hampered that. So this is kind of just, you know, if you can't just snap your fingers and have everything change on Inauguration day, and this is more evidence of that. Karen, Thanks so much. We appreciate it. Thank you. Karen Emergent of the Washington Post. Let's get a look at Wall Street. Jeff Klee bomb