40 Burst results for "LIN"
Bankless
A highlight from 193 - Lyn Alden's Masterclass On Money
"The cool part of this story is that we've actually never seen such a transition from money to money, fiat money to crypto money, assuming we're all headed towards crypto money. It's never been such a big transition of wealth up to this point and so we have a bunch of patterns of Bitcoin, there's scarcity that's provable scarcity, there is the communications network that is the Bitcoin network, there's just a lot of things that rhyme, but just what about this crypto future gives you such confidence that this is where we're going? Welcome to Bankless where we explore the frontier of internet money and internet finance. This is how to get started, how to get better, how to front run the opportunity. This is Ryan Sean Adams, I'm here with David Hoffman and we're here to help you become more bankless. What is money? That is the question on today's episode. You can't understand crypto until you understand money. That's why this is a core episode on the bankless journey and this is one for the beginners and the veterans alike. I think you're both going to learn something. Understanding money is the starting point to understanding crypto and that's why this is a canonical episode for bankless. We brought the best person in the world to walk us through this understanding. Lin Alden is on the episode today. Here are a few things we discuss. Number one, what is money? Where did it come from? Number two, commodity versus credit money. Which model of money is correct? Number three, why money is the ultimate game of survival of the fittest. Very Darwinistic. Number four, how the banks came to be. Number five, how those same banks became central bankers and why they keep rugging us, including some of the most recent examples. Number six, the fraying of the current fiat money system and the birth of crypto monies. And number seven, how Lin thinks this will all play out in the future. David, this is a jam packed episode. What was the significance to you? The story arc of money and I consider to be pretty synonymous with the story arc of humanity. Society doesn't talk about what money is nearly enough. Money should be taught in schools. It should be taught in universities. The concept that question what is money has such rich answers that talk to so many other adjacent academic studies like human anthropology, sociology, psychology, economics, finance. If you can answer the question of what is money you answer so many other questions about so many just laws of the way that the world works as well as just being able to understand history and also be a good capital allocator. It's weird that so many capital allocators out there can't answer the question what is money and I think that's one of the big advantages that crypto people have over other capital allocators is because they go one level deeper understanding what capital actually is. What is money? What is the form factors that allows money to emerge? In this episode Lin Alden does a fantastic job of guiding us through history and I think we could just do so many more episodes like this around the subject of money because it's a question with infinite answers. Big confession I didn't understand money before I got into crypto and I think crypto is the best way to actually learn what money is in all of those adjacent areas that David just mentioned. We're gonna talk about this episode of course as we always do David during the debrief episode which if you are a bankless citizen is available for you now right on the bankless premium feed you can upgrade to bankless citizenship and get access to that right now. Okay guys we're gonna get right into our episode with Lin Alden but before we do we want to thank the sponsors that made this possible including our number one place to buy crypto money that is Kraken our recommended exchange for 2023. 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Arbitrum Nova is quickly becoming a web3 gaming hub and social dapps like Reddit are also calling Arbitrum home. And now Arbitrum Orbit allows you to use Arbitrum's secure scaling technology to build your own layer 3 giving you access to interoperable customizable permissions with dedicated throughput. Whether you are a developer, enterprise, or user Arbitrum Orbit lets you take your project to new heights. All of these technologies leverage the security and decentralization of Ethereum and provide a builder experience that's intuitive, familiar, and fully EVM compatible. Faster transaction speeds and significantly lower gas fees. So visit arbitrum .io where you can join the community, dive into the developer docs, bridge your assets, and start building your first app with Arbitrum. Experience web3 development the way it was always meant to be. Secure, fast, cheap, and friction -free. Bankless nation today we are honored to have Lynn Alden back on the podcast. Lynn is the best person alive at explaining money, at least that is according to me. What it is, how it came to be, where it's going, and she's done so quite thoroughly in her new book titled Broken Money. Here it is. Got on my desk. It's a big one folks and it's absolutely fantastic. Lynn, welcome to Bankless. How are you doing? Thanks. I'm always happy to come on. Glad you enjoyed the book and it's certainly been a fun journey to write it and research it. Well I think that the reason we are doing this podcast, the reason we wanted to bring you on, is because money is critically important. I think it might be the most used but least understood technology that we have and it's also key for the crypto journey, for the Bankless journey. So before you can invest in crypto with any kind of conviction, I am convinced you absolutely need to understand money. Can you answer the question why is gold valuable, right? Why is the US dollar the world's reserve currency? If you can't answer those questions, I don't know that you're ready to actually invest in crypto with conviction. So this in some ways is the first step on the Bankless journey is understanding money. So we're super excited to walk through that story today and get all of the history and context. So Lynn, I think I want to start with the first question and maybe we could do things the way you did things in your book which is kind of chronological, but the most basic fundamental question in our mind today at the beginning of this episode. What is money? So I think the old -school definition of money remains very appropriate today, which is that it's a medium of exchange, liquid store value, and unit of account. It's basically a signaling mechanism. It's a ledger that we use to communicate value, to store value, to transfer value, and it's generally that useful intermediate state between things we're going to consume or more risky or illiquid assets you might want to own longer term. It is this liquid medium that we use. Like you said, it's very important technology. Another way of kind of framing that is that money is that which solves the need for barter and avoids the double coincidence of wants. And so in a world without money, any form of money, if we wanted to trade with each other, let's say we were in a more primitive context and we want to trade something, we have to find something that I have extra of that you are deficient in and that you have extra of something that I'm deficient in, right? So it's actually kind of a hard combination. There's so many frictions or ways that trade can fail. And so generally there's two main ways to lubricate trade, to basically reduce the frictions there. One would be deferring transactions across time. And so for example, if you need something now but I don't need something from you right now, I'm pretty good and I have some surpluses, I could give it to you either because I'm banking up some social savings or in another context we could formalize it so that you owe me something in the future. So I'm taking on some degree of counterparty risk but I'm basically kind of in my way stockpiling savings and you're getting a need met. And the other way to do it is to have a kind of a super commodity, a liquid, scarce, portable, divisible unit that we never really have too much of. Like how many people complain about having too many gold coins or too many dollars, for example? We can always use more. There's only so much furniture I want. There's only so much, you know, another house would be a burden. There's only so many financial things or consumable things that I want but portable, dense, liquid stores of value I can always use more of. And so in a hunter -gatherer concept or context, generally shell beads were among the earliest types of money which is that if you don't know what else to trade, various types of hard -to -make portable ornamentation served as money. They were kind of the invention of liquid savings, the invention of store value because you could always have more of them. They were wearable which increased their portability, they were small, they were dense, they were divisible. And so basically if you have one commodity that all trades can be denominated in, that makes other trades easier too. So there's really kind of different camps about what money is and they both mainly arise from the two primary ways to solve the double coincidence of wants which is either that time deferment or that universal unit of account. Okay, so we have this double coincidence of wants where I'm a blacksmith, you're an apple farmer, you want my sword, I want some of your apples to feed my family. So what do we do in those cases? Or maybe actually I don't want the apples, maybe I have enough apples would be, you know, more accurate. Well, I could give you the sword and I don't want any of your apples, maybe I have enough apples, I want to buy some wheat. And there's two ways for us to make that transaction. One is an IOU. You could say, hey, Ryan, I owe you one, you know, I'll get you more apples next season when your family really needs it. And that's kind of the idea of credit -based money, IOU -based money. Or the other is we formalize across our society some sort of super commodity, beads, shells, maybe later on a silver or a gold, or something that the entire society recognizes as incredibly valuable, right, some super commodity, and that solves that problem and that completes the transaction. And that's the basis of the two forms of money, right, and the two theories of money, the commodity -based money, which is like a gold or a beads or a shells, and then also the credit -based money, which would be in the form of the IOU. Yeah, they've often been in opposition. Different economists or theorists will have different ideas about what money is, but they're both solving the same general problem, which is making trade easier between parties that don't necessarily want what the other one has and storing value. And what they have in common is that they're both ledgers and there's just different maintainers of that ledger. So if you're relying on a super commodity, you're relying on nature to set the boundaries for that ledger. How hard are the units to make and the ledgers updated with physical possession, right? So there's only so much gold in a region, make it into gold coins. We're bounded by the parameters of nature. Nobody can just print more gold. And so we're kind of relying on nature to set the bounds of that ledger. Or if we're relying on credit, then we're relying on our—depending on what size we're doing, it could be our tribe, could be in Babylon, the temples had this more extensive clay tablet ledger system. Today we have central banks. Whatever scale you're working at, you're relying on humans' ability to control that ledger, to come to an agreement on the ledger. Sometimes there could be competing ledgers. And so money is in many ways an emergent phenomenon in the sense that it's not an accident that we pick gold rather than apples as money. Anyone who tries to pick apples as money is going to have a really bad time and it's going to select itself out. But there's also occasionally, or now more frequently, top -down impositions of money where they get to kind of find local monopolies if they have the power to do so. But then, of course, on an international scale, even those monopolies are competing with other monopolies for money. So money is still a market when you zoom out in the global sense. I really want to drill down into that emergent phenomenon because I think that's one of the reasons why the story of money is so cool. Emergent phenomenons are complex and they're nuanced and they have different parameters based on the variables in which they arise. Talking about just like this idea of credit -based money where like Ryan's got something that I want but I don't have something that he wants, but since him and I have a social relationship, I can just owe him one. And that is something based on trust. And that works because of the relationship that Ryan and I have. And that starts to create some sort of credit -based money. When we talk about the other end of the spectrum, the super commodity money, that credit, that relationship that I have with Ryan, the technology of money can embody that relationship with someone that I don't have that relationship with. So there's this, you know, the barter myth, the meme is that like, okay, we all have these like goods, but there's no money substrate. And so like we all come together and be like, hey, let's just pick up money because it's easier to barter. From understanding like the history of human progression, it's kind of like that, but it's also just a little bit not like that because money has come about in so many different ways based on just like the size of the tribe and the actual money, like what is the thing that is being transacted. Can you talk about just like the different ways that money emerges to facilitate a need? Sure. So there's been different schools of thought on that and we get more evidence over time. And generally the way I would summarize it is that barter is so inefficient that it rarely rises naturally. And when it does arise, it's usually things are not going great and it's usually like a temporary phenomenon. And so money emerged so early because barter was a problem so early. So it's not like we had this long era of barter. And then we invented money. Yeah. So that's kind of the original thought is when you looked at, say, some of the early commodity theorists, they were like imagining like a blacksmith and a bread maker and then being like, yeah, these guys must have had a lot of frictions as they try to figure what to do. But of course, when you go back in history, it was never like that. You never had a society with like blacksmiths and bread makers and no money. And so money is literally the earliest known example might be the Lambos Cave in Africa. It's over 70 ,000 years old. There's evidence of colored shell beads. The people discovering it were saying that might be the earliest case of information stored outside of the brain. And so basically going back a very long time, either proto -collectibles like proto - money or just groups of credit, groups of deferring a gift culture, deferring transactions, banking up social savings, keeping tracks of deeds and debts in a society. These have been the two main ways to do it. And like you said, basically, if you have relationships with the person that you're trading with, that's when credit can be more useful. Whereas commodity money is more useful if you're dealing with strangers. So in this case, it's almost like credit's the closed source version. You need to be like permissioned in this group for it to make sense. Whereas commodity money is like the open source one, like you can go up to a stranger and if you have a gold coin or dollar bill or a useful kind of portable object of some sort, you can trade with them even if you have no relationship with each other. And it's also a way to store value long -term that's not a liability. So if you're holding credit for long -term, you're relying on the social structure to be there, the people that owe those liabilities or remember your deeds to remember them. Your asset is someone else's ongoing liability. Whereas if you have final settlement with something more physical, like a gold coin or a shell bead or something, you have an asset that's an unencumbered asset. It's not someone else's liability. You own it full and clear. It's not reliant on the ongoing memory or liability of someone else. And so what we generally see in complex societies is that you have both types of money working together. So usually a commodity defines the unit of account. So in ancient Babylon, you had small bits of silver, you had a meal worth of grain. For example, these would be kind of the unit of account that people would think in and be defined as. And then you'd either have the physical transfer of the commodities themselves as money or, often to make that easier, you'd have credit built on top of that as well. So it's not like every single time a transaction has to take place, a physical commodity has to change hands. You can simply record it orally or in writing and then settle up at a later time or reciprocate later. And so if you have credit without a commodity money or out of a unit of account, you're kind of just recreating barter. If the Apple farmer is trading around Apple credits and the bread maker is trading around bread credits, you're still kind of stuck in this barter situation. There's no super unit of account to which to make sense of stuff in because you need a specific credit. You need to find someone that wants this Apple credit, someone else that wants this bread credit. That's a mess. And so instead, you tend to see a standardized unit of account or a couple units of account and then credit facilities built on top of that. And that's historically how complex societies seem to have arose. And even going into the modern era, that's still generally how things work on the international scale. And as money has developed, it's kind of developed alongside just the progression of humans. I think one of the important ways that I think we really want to express in this episode that money is a technology and that technology improves over time. And it improves both on the commodity unit of account that we use as well as the technology of the ledger that we used on the credit system. So both can kind of be different technological innovations in parallel along with the rise of other technologies of human civilization and different needs and different eras in human history produce different contexts for different types of money technology to emerge. Ultimately, that technology is about, in my mind, connecting more people in a trustless manner. Because, like you said, that unencumbered asset of a commodity money means that, you know, whereas in credit, it takes two to tango, in a commodity money, it will actually it's a bare asset. It's just like dependent on one single person. Can you talk about the progression of the technology of money throughout human history when we were small in tribe in network where maybe credit kind of dominated because social relationships were known? But then there's a story arc here of as money progresses, as the technology of money progresses, that is alongside the overall scaling of human civilization, correct? Yeah, sure. And I think there's kind of two parallel avenues there of technological development. One is the underlying commodity unit of account itself and then one is the records on how to maintain, you know, lists of who owns what. And so if we look at the commodities themselves, things like shell beads or teeth or grains, things like that, they would be early types of money. But then as societies go through more levels of industrialization, they get better at making more of these kind of lower tech types of money. If you have industrialization, if you have metal tools, if you have hydrocarbons, you can harvest and make a lot more shell beads or things like that. And so you can dilute and devalue those that are in a less technology setting, still relying on those. And so when we think of money as an emergent phenomenon, it's like evolution in the sense that things are you know, someone holds this thing as money and no one else knows how to dilute that. If they pick the wrong thing as money, they get diluted because someone else says, well, I'm gonna go make more of that. Other people seem to like it. And so if we all have a shared delusion and we all pick paper clips as money, it only takes a couple people to realize that we're all idiots and they can just make a ton more paper clips and devalue us. Whereas if we pick gold as money, it's really, really hard for other people to figure out how to just, you know, make more gold. And so as human technology improved, we kind of moved up the scale of hardness from things like shells all the way up to gold. It's a weird combination because the money has to be liquid, saleable, divisible, identifiable. So it's got to be common enough that everybody's seen it, people can access it, it's around, but you can't increase the supply significantly. So super rare things like meteorites or rhodium don't have the liquidity or visibility to serve as money, even though they might be a good store of value or interesting collectible. Whereas something like gold and silver, they've met the characteristics where there's a lot of it in existence, but it's hard to increase the supply more at a fast rate. And so that's been one technological avenue of money. The other one is the ledgers that we used to record that. And so obviously in the early days, it would have been oral ledgers, you know, in your own tribe. And then you had the development of writing, so clay tablets, parchment, things like that, that you could write down lists of transactions, lists of debts, lists of assets, and some sort of central authority like in Babylon, the temple state, they could maintain this. And then over time, when we developed paper, when we developed the printing press, we got increasingly sophisticated technologies for writing down and then transferring information. Obviously now we have the digital age, and with all these things came better and better ways to keep track of who owns assets. And one thing I argue in the book is that the invention of the telegraph, which ushered in the telecommunication era, really kind of broke that old commodity trend because up until then, the harder and harder commodities kept winning till you got the gold. Meaning that basically the commodity with the highest stock to flow ratio, which is different than the stock to flow price model, it's a ratio of how much of that commodity exists compared to how much can be made more in a year. But with the invention of the telegraph, we could now exchange information globally very quickly. By exchanging information, you can exchange transactions, which is a fairly low bandwidth thing to do, but we couldn't settle physical gold that quickly. You have to transport it, verify it, which can be hard to do. And so that actually introduced speed as a new variable, which was not a key variable before. And that's a key reason why these centralized fiat currency ledgers have been able to overtake gold in the modern era, because even though they're a step down from gold in terms of scarcity, they solve a lot of problems that gold was not solving in that telegraph era. So gold has not been strong enough to kind of assert itself, and nation states have been more powerful at defining their ledger and kind of even in an international sense. The United States, for example, there's 160 different fiat currencies in the world. They all have little to no acceptance outside of their own country, kind of a monopoly status in their own country. And then the global reserve currency, either the British pound or now the US dollar, serves as like the global ledger that ties them together, because otherwise you'd ironically have barter on an international scale. Imagine if you had Thai currency and Canadian currency and Indonesian currency and Japanese currency, and they were all trying to trade with each other. People would end up with this assortment of different monies and try to figure out who wants it and who doesn't want it. And you're worried about this one devaluing too quickly, whereas this one seems kind of strong. Instead, money tends to have a network effect of liquidity and acceptance. And so that gravitates towards whatever currency is big and relatively stable, has economic scale, military scale, kind of global recognition, which is the world reserve currency that kind of serves as the super commodity among currencies that serves as the one side of either all transactions or most transactions to help make global trade more efficient. This is so fascinating, Lynn. By the way, I just think that I can nerd out on money all day, like for the rest of my life, and I probably will. That's part of what the crypto journey really is. But we've uncovered a few, I think, principles for money, and this will be helpful in understanding how it will be shaped in moving forward into the future as well. And the one is it's an emergent phenomenon. So there have been ideas of, you know, why don't we just abolish money? Why can't we construct a society without money? And I think the answer to that question, you'd probably agree with this, Lynn, is as soon as we try to do that, boom, somebody comes up with a new form of money, right? So there's no money in prison except what do they use? Cigarettes to trade back and forth. And so, boom, emergent phenomenon. You can't have an absence of money. Something will always take its place. So we've got this emergent phenomenon. We've got this power law winning type mechanism because saleability, another word for saleability is liquidity. That's a huge power law winning network effect type game. But then there's the notion that you and David were just talking about where, well, societies can improve their money technology over time and they improve it in two ways, both on the medium, the kind of the unit technology, like can we make it, can we find a harder money, a more sound money, more scarce money, for instance. And then on the ledger technology itself. And one key component there is transaction speed. And so we have this Darwinistic natural selection game happening at the community level and the society level. So I can imagine that now will take us back again to ancient history. So I can imagine within one society, you know, apples aren't as good as shells. And so within that society, shells become the dominant form of money inside of that society. But then we have this world where multiple societies are meeting other societies. And so we have kind of these independent cloisters that don't really interact, but the world is getting smaller. And what happens, I guess, what's the history of society monetary fights? So if I'm a society that's using shells and then I come up against a society that is using some more advanced technology, at least on the medium side, what happens to my money in that type of an arrangement? And do you have any historical examples here? Yeah, so generally what happens is that the society with less technology finds their money diluted. It's obviously not surprising that in the history of cultures meeting each other, ones with lesser technology tend to have a bad time. Not just money, but multiple warfare, all sorts of things, various types of exploitation, colonization, that sort of stuff. But money is one of the avenues, because if the one side doesn't realize how easy their money is to create by the other side, then they can get tricked into trading very valuable resources for something that the other side can make easy. And so, for example, when people came to North America and found that they were using shells, as they perceive shells as valuable, they could use metal tools and other things to make a lot more shells and be able to purchase things. When people went to the Isle of Yap and saw that they were using these special limestone rings, these stone circles as money, which for them were very hard to make, because they had to go to another island to get the limestone and bring it back, it was a very challenging thing to do. And with modern technology, we could just make way more and devalue them. When Europeans went to West Africa and saw that they liked beads as money, in particular, they would have a lot of trade routes. And glass was not hard for Europeans to make, but it was hard for West Africans to make. And so, when that was realized, that was used as a way to exploit them. And so, in general, we can imagine a world without money, and it's a world filled with frictions, where simple things become a lot harder. And that's why humans are problem solvers. Whenever they encounter frictions, they want to figure out how to reduce those frictions. And so, like you said, even in prison or war camps, things like cigarettes will develop as money, because it's an emergent phenomenon.
WTOP 24 Hour News
Fresh update on "lin" discussed on WTOP 24 Hour News
"College Park 630 you're listening to Washington's WTOP news traffic and weather station the WTOP producers desk is wired by IBEW local 26 where electrical contractors come to grow good evening I'm Ian Kramer and I'm Shawn Anderson Mike Jokaitis is our producer breaking news on WTOP CBS News special report Hamas has released 16 hostages today among them President Biden says an American I talked with her mother and father they're very appreciative and things are moving well she'll soon be home with her three children CBS is Robert Berger on what Israel's getting in exchange for the hostages released Israel now will release 30 more Palestinian prisoners 15 women and 15 teenagers they were convicted of involvement in various incidents from attempted stabbings throwing to stones and fire bombs Mark Raghava senior advisor to Prime Minister Netanyahu says Israel's willing to extend the ceasefire under one condition pressure must be placed on Hamas if they continue to release hostages then the polls can continue Secretary of State Blinken is in Israel now with other leaders pushing to extend the truce CBS News special report I'm Stacy Lin WTOP national security correspondent JJ Green joined us earlier and talked about what Israel has learned about Hamas since the attack on October 7th. What they've learned is that Hamas just go into this saying oh hey let's just do this and see what happens they plan this thing over years they were training openly for years the kind of technology that they have I don't Israel think knew that they had access to it the skill to use it and to know that this of kind result if they did get their hands on it would befall Israel because Israel has always had a leg up on everyone in the region when it comes to technology so they've learned a ton about Hamas capability and their ability to work with others even working with Hezbollah which is their enemy so they've a lot learned about what's facing Israel moving forward that's WTOP national security correspondent JJ green six thirty three house republicans are wrestling over whether to expel new york congressman George Santos GOP leaders would like to resign but it doesn't look like that'll happen before a vote that's now expected on friday WTOP's Mitchell Miller today on the hill many house republicans are now ready to vote to kick Santos out of congress in the wake of escaping ethics report that said the GOP lawmaker used campaign funds for communications designer where in Botox house speaker Mike Johnson says he will not whip the vote allowing voters to vote their conscience I personally have real reservations about doing this I'm concerned about precedent a that may be set for that while Santos is under a 23 count federal indictment he has not yet stood trial still still the chair of the Democratic caucus Pete Aguilar says it's time for him to go is a serial fraudster there is no sense that George Santos should have ever been elected on Capitol Hill Mitchell Miller GOP news it's 634 and in Plains Georgia for a first lady Rosalind Carter has been laid to rest in her hometown with her frail husband is a silent witness Rosalind Carter was celebrated by her family and closest friends at her funeral in Plains Georgia the same tiny town where she and Jimmy Carter were born family pastor Tony Lowden her family her neighbors her friends all
The Bad Crypto Podcast
A highlight from Crypto Kingpins: The War Between SBF and CZ
"It's been almost one year since FTX collapsed and created a horrific ripple effect in the crypto industry. Sam Bankman -Fried and Chengpeng Zhao have become key players in this incident, and a new podcast goes behind the scenes to tell about exactly what took place. With SBF's trial ramping up as we speak, we're pleased to welcome Tom Wright, one of the creators of the new Crypto Kingpins podcast to the show, to share some insights. So let's go ahead and get into it today on our episode number 697 of the Bad Crypto Podcast. Five, four, three, two, one, go. Who's bad? Well, what do you know? Once again, it's the Bad Crypto Podcast, the show for the crypto curious and crypto serious. We had a week off because I was traveling en France, and was Travis keynoting at a crypto event in Manila. He was the thriller in Manila. And how was it, Trev? I tell you what, you know, I think I maybe made a quote of this before. Somebody said, go where you're celebrated, not where you're tolerated. And I do think in Puerto Rico sometimes it's like, you know, the natives tolerate, they don't really like the gringos, but they tolerate them. And then there's some people that'll throw hate. So, but in the Philippines, oh my God, they are so open and welcome and kind. And like, hello, sir, how can I help you, sir? Like just most lovable people, probably that I've ever encountered in the world. Thailand, the same, very nice people. Not a lot of crime in these places. I think maybe the Buddhist nature of that. And they're like, oh, you know, and it was so nice, very nice. And the keynote was great. They had me kick off the whole conference. So the founder came up, Dr. Donald Lin, he came up, did a little thing. And boom, then they had me kick off the keynote. And I think it was one of the better ones that I've done. I think it'll be up on YouTube here shortly and we'll share the link when that comes available. I had a few people come up and tell me it was one of the best keynotes they've ever seen. So I was like, ah, you've not seen very many keynotes. Perfect answer. Well, I'm sure you did a fantastic job and represented the Republic of Bad Cryptopia. So, you know, it's hard to believe that it's been a year since the dominoes started falling. You know, Luna was first, then FTX and Three Arrows, and then Celsius. And it's just been, it's gonna be a bear market anyway, but boy, the downward pressure exerted by these, you know, horrible black swan incidents have made it a really, really bad bear market. And of course, we've been here with you guys throughout it all. We've not abandoned you. We've not turned into bears. It was like a kick to the ass, a nudge, an elbow to your face, and then a kick to the crotch. And here we are. And the bear markets can be - Here we are. Here we go, sweetie. It was fun, fun times. Crypto goes up, crypto goes down. Or as our next guest would say, number go up. You mentioned that book right there. So we're gonna have a great conversation here with maybe my long lost relative, Tom Wright, who's been doing, who's an investigative journalist, gonna talk about what happened with FTX and SBF and CZ. And he's got his own podcast around that, multiple topics or multiple episodes. So you're gonna want to tune in. This is a pretty good interview, Mr. Joel Kopp. I think so. Let's let the people decide as they listen now. Unless you're living under a rock, you have heard the names Sam Bankman -Fried and Chengpeng Zhao, or CZ, of Binance. And you've heard about the fall of FTX. Well, Sam Bankman -Fried's big trial for basically making off with countless billions of dollars is coming up shortly. Scam bank man fraud, right? That's the guy. We have a guy with us today who is the co -founder of Project Brazen, a journalism -focused content studio. He's a New York Times bestselling author and Pulitzer finalist. And his name is quite similar to Travis Wright's. His name is Tom Wright. We're talking, it's two T Wright's here today. There's two TWs here today. And Tom, welcome to the Bad Crypto Podcast. Thanks for having me on. Yeah, tell us, just kind of give us a little more meat on the bones of your background and how that led you to this new podcast called Crypto Kingpins. Well, I was at the Wall Street Journal for about 20 years, Dow Jones and the Wall Street Journal in 2019 after writing a book called Billion Dollar Whale, which is about the one MDB scandal. That's the scandal where a bunch of money was taken out of a sovereign wealth fund in Asia and used to make films like The Wolf of Wall Street and for all these guys to party on this fraudster Joe Lowe's tab. Clearly people like Paris Hilton and big actors, Leonardo DiCaprio and others. And then the guy who I wrote the book with, Bradley Hope and I quit the journal and set up this company Project Brazen. And what we do is we make podcasts and we also write magazine articles and other things, books as well, that we use as the basis for adaptation into TV and film. So that's Project Brazen, that's a business. And our latest podcast is Crypto Kingpins, which we've done in conjunction with USG Audio, which is Universal's audio. And that just started rolling out last week and the episodes are running weekly on Tuesdays. And it's about the huge rivalry between Changpeng Zhao, who you mentioned of Binance, and Sam Bankman -Fried of FTX and how that rivalry played out and how it led to the downfall of SPF. And we went based on exclusive access to CZ himself. There was some interesting stuff that was going down with that. A lot of personality clashes and then just like, oh, CZ is gonna come in and save the day. Oh no, he's not. Because it looked like he got some, he was feeling the heebie jeebies. He was looking at some stuff and going, whoa, we better get rid of all of my FTT because this ain't working. And so this is great. We're talking about some of the big crypto frauds, right? That's what you've done. You know, actually, since Joel and I have not done this show as regularly here in the last couple of weeks because of travel, a documentary just came out about Ruja Igniktova called The Crypto Queen on 2BTV and I was in there talking about that. So I'm featured on that. So it's like, it seems like there's a lot of stuff going on right now and I'll put that in the show notes if you guys wanna watch The Crypto Queen documentary. But this is fascinating. There's so many bad actors in crypto. Hopefully we can get past this and only the good people remain in crypto. The fraudsters are kicked out. Hopefully all the good people haven't left and are chasing dreams in AI now. So hopefully there's still some good foundations here in the crypto space. Well, we got into this podcast because I'm based here in Singapore and for a long time, CZ was based here. And what he was hoping to do was get a license from the Singapore government. I mean, a lot of people were here. Do Kwan of Terra Luna was here. Carl Davis was here. The Three Arrows guys were here. Their yacht Much Wow that they bought, I think was supposed to be in the marina here but never made it, as you said. A lot of people getting washed out of the system. But anyway, I got to know CZ because he was living down in this area called Sentosa Cove which is a lot like Miami. You know, it's big mansions with a marina. And at that time, now what a lot of people do know about is what happened last November, which you just alluded to, which is when CZ decided to sell his tokens and that caused a world of pain for Sam Bagman Frieden FTX, right? But what people don't really understand is the degree to which CZ and SPF had interacted over time. People know that the Binance was one of the big first investors in FTX back in the early days. They took a 25 million stake for 20 % of FTX. But Sam really looked up to CZ. Obviously CZ and Binance go back to 2017 and Sam didn't set up FTX until a couple years later. And we show in the podcast how CZ first met Sam when Sam invited him to this party in an aquarium in Singapore in 2019. And he was just a trader, one of many traders. I don't think he was a VIP trader, but just a trader nonetheless on Binance. And so that's really when the story begins and that's how we start the podcast by showing that relationship and how it evolves and then all of the stuff in between that initial meeting and then what happened last November, which was what we call the kill shot. So he kind of went from being a trader to becoming a traitor. We're gonna talk about some of that political stuff that he did down the road, which was really crazy. It's like you look at some of this stuff, Joel, and I go, man, anybody else was doing some of this stuff where they hadn't have donated so much money to the political parties? There's no way that you get taken out of a Bahamas prison and then immediately brought to America and then released on a first class flight to fly back home to go be with your mommy and daddy if you've done this amount of fraud. So there's so many different nuances to this story. I can't wait to get into this with you. Well, the most amazing thing about that is he was released on a $250 million bail, which was I think the biggest ever bail in American pretrial history. But was it really? It wasn't really like they didn't actually pay that. No, their house is not worth $250 million. I didn't quite understand that it was backed by their house, but that was the, I think they judged him a very low flight risk based on how recognizable he is. Yeah, did they think that house would be a collector's item someday or something? With a future value of this home, yeah, that's crazy. So do this for us. When everything went down, kind of set the stage for what happened that day when this story broke. How much money were we actually talking about? How many people were impacted? And just how far did the ripples extend? Well, I think it's November the 2nd is when this CoinDesk article comes out, which basically says, look, the Alameda, which was Sam's hedge fund, FTX's hedge fund, its financial situation isn't all that it looks like because somebody inside the company leaked these documents to CoinDesk. And they showed that they were heavily reliant on FTT tokens, which were basically a cryptocurrency that Sam had made up and bought himself to prop up the value. And then if you took those out, they were about almost a half of the total assets of the hedge fund. And so at that point, CZ is pacing in his penthouse in Dubai where he left Singapore where I got to know him and he moved to Dubai.
WTOP 24 Hour News
Fresh "LIN" from WTOP 24 Hour News
"Hamas today at a national security meeting at the United Nations US Ambassador Linda Thomas -Greenfield. We're continuing to work to get American hostages and all hostages released from the clutches of Hamas and the other groups. Two Americans have already been released and we're hoping to get all of the hostages all of the Americans out. In exchange for the hostages Hamas is releasing correspondent MTS Tayeb reports some jailed Palestinians will also be freed. We are likely to see 30 Palestinian prisoners released into the West Bank again a mixture of women and children some as young as 14 years old. Secretary of State Blinken has arrived in Israel for negotiations to to try extend the truce. So far international mediators say they believe they have made progress. CBS News special report I'm Stacy Lin. CIA director William Burns has been involved in negotiations. hostage WTOP's national security correspondent J .J. Green joined us earlier to tell us why. I asked the CIA that question earlier he's in the region for for meetings regarding the Israel Hamas conflict including discussions about the hostages. Anyone who knows anything about Bill Burns knows that he's a career statesman, a career diplomat. He carries a tremendous amount of credibility with him and people know they believe they trust him and when you look at his work in in in that region when he was ambassador of Jordan he has some extraordinary experience in a lot of scenarios different just like this. So he's one of those people you need at the table. He's the voice reason of but at the same time he's a very smart guy who knows how these things go and if you don't do the right things at these tables they can go really badly afterwards so I think that's one of the reasons why he's things there. WTOP national security correspondent JJ Green. House Republicans are edging toward a that vote could that kick a fellow GOP lawmaker out of Congress. A vote to expel New York Congressman George Santos is now expected Friday. WTOP's Mitchell Miller today on the hill. The number of Republicans still supporting Santos is dwindling in the wake of a blistering ethics report that accused him of using campaign funds for everything from vacation getting getaways to Botox. House Speaker Mike Johnson says he personally has reservations about voting to oust before he goes to trial but leaves it for GOP lawmakers to make their own decision. We've not whipped the vote and we wouldn't. I trust that people will make that decision thoughtfully and in good faith. The chair of the Democratic caucus Pete Aguilar says Republicans have already cut Santos too much slack. They are trying to afford George Santos every to opportunity do the right thing and to resign. On Capitol Hill, Mitchell W -T -O -P News. This just into W -T -O -P. The financial watchdog overseeing the Trump organization tells a New York judge about 40 million dollars in cash transfers. Those transfers were not previously disclosed to the monitor as is required. The transactions included million 29 dollars sent to former President Trump which he is accused of using to make tax payments. CNBC reports the monitor Barbara Jones broke the news to the judge in a letter. Now the other transfers Workers were for insurance premiums. More than 5 million dollars the former president has posted in that civil judgment ...favor of writer E. Jean Carroll who's accused him of sexually assaulting her. A lawyer for Trump did not immediately respond onto a request for comment. 535, former first lady Rosalynn Carter was celebrated by her to her closest friends at her funeral in Plains Georgia today the same tiny town where she and Jimmy Carter were born. The The 99 year old former president sat silently in a wheelchair at the intimate gathering at the Maranatha Baptist couple spent decades welcoming guests. His grandson Josh Carter spoke. She got him elected as a state senator as the governor of Georgia and finally as president of the United States. Maranatha pastor Tony allowed and described her as the greatest first lady who served every nation around the world. Her burial plot is in the view of the front porch of the home where the former president still lives. 535 changes are coming to the Fairfax County Fire Department. Leaders there say they're going to improve how the department responds to emergencies throughout the community. In January, Fairfax County will have more response units with EMTs as opposed to paramedics. Assistant Chief Dan Shaw tells WTOP that decision was made using data from incidents that the department has responded to. When we look at that data we know the majority of calls we run and we're still gathering that information tend to be of a BOS nature, of a basic life support nature. The county also plans to introduce an EMS specialist position next year for a more advanced responder. When you look across the country there's no fire departments that have just an endless stream of resources to deploy. Shaw says it changed the protocol at the dispatch center earlier this year also is helping the department use its resources efficiently. Scott Gellman, WTOP News. Coming up in money news after traffic and weather. A DC steakhouse heads to Baltimore and sells its secret sauce online. I'm Jeff and then we're remembering Francis Stern Hagen the Tony winning actress died today she was 93 to take a proactive approach to cyber security. Maximus's defense cyber security lead Kynan Carver advises implementing attack surface management in the series Forward Thinking government sponsored by Maximus. With attack surface you're going out and testing where those vulnerabilities were those holes where's the adversary potentially going to breach inside your infrastructure or your enterprise and that's from both outside looking in and inside looking out because those are two different views that from risk a rating perspective matter. Visit Maximus .com slash federal to learn more about how to transform your agency's operations securely. In today's federal government security by design is key to achieving the highest levels of compliance from consulting and architecture design to manage services. Maximus delivers protection of critical data systems and operations. Maximus is a trusted cybersecurity partner delivering solutions that enable government to securely operate in a digitally connected world. Maximus .com slash federal. Your car donation to Vehicles for Change is worth way more than just a tax deduction. Vehicles for Change repairs provides and cars to worthy families so they may gain and maintain a job. Most of our recipients are single mothers with small children. It is virtually impossible for them to navigate life without a car. In addition, we train individuals returning from prison to be auto mechanics. If you have a car to donate, please donate to Vehicles for Change at .org. vehiclesforchange Your car will be transformational for a local family. Here's highlight a from Joni Huber, the Vice President and Chief Operating Officer of Compass Rose Benefits Group on the Open Season Exchange, sponsored by Compass Rose Benefits Group. People not looking at their health plan and not seeing what other options are out there, they're really doing a disservice to themselves. Just like their needs may change from year to year, so does the plan. So just really dig into the plan that you're currently enrolled in. Think about what may be coming up for yourself the next year. Watch the entire discussion on Federal News Network. Search Open Season Exchange. Traffic and weather, huh? On the 8th, back to Dave Dildine in the WTOP Traffic Center. At the height of rush hour, top incidents include a new crash in Virginia. 395 southbound near Edsel Road. Several rear -ending in the center of the roadway. On I -66, lots of slow stretches but no incidents. However, on 28 North End northbound, a new crash at Route 7's ramps, police should be on scene. And that major truck crash on
AP News Radio
US: Chinese agents paid bribes in plot to disrupt anti-communist Falun Gong movement
"Too suspected Chinese agents have been charged in the U.S. with bribery to disrupt an anti communist group. On Norman hall, federal authorities have arrested two suspected Chinese government agents in connection with an alleged plot by Beijing to disrupt and ultimately topple the exile at a Commodus falun gong spiritual movement. John chin and Lin thong were charged in an indictment on sealed Friday with scheming to revoke a New York based falun gong organization's tax exempt status and paying bribes to an undercover officer posing as a U.S. tax agent. Prosecutors say evidence includes war tapped conversations, the Justice Department has made a series of prosecutions in recent years to disrupt China's efforts in the U.S. to identify locate and silence critics and pro democracy activists. I Norman hall
WTOP 24 Hour News
Fresh update on "lin" discussed on WTOP 24 Hour News
"Network Star. Stacey Lin, CBS News. Sports at 25 and 55. Powered by Red River, technology divisions aren't black and white. Think red. Rob Woodfork is here to talk about the commanders practicing today. Getting ready for the big game? Yeah, I mean they're all big when you are four and eight. Yeah, they're getting ready for the speedy and high -scoring Miami Dolphins on Sunday after back -to -back blowout losses to division opponents in which you have thrown a pick six Sam Howell. You better watch out for Jalen Ramsey. I always watch, watch you know, a lot of those corners and always try to see how they like to play. But, yeah, Ramsey's a good player. Obviously, you watched know, him a lot growing up and it'll be fun to play against a good player like that. But, yeah, he's a great player and does a good
AP News Radio
USC athletic director Mike Bohn resigns after 3 1/2 years in charge
"Southern California athletic director Mike bohn has resigned, USC confirmed the 62 year old bones resignation roughly three and a half years after he succeeded Lin swan in the high profile job. The Trojans athletic department experienced a surge of success during bones ten year, the football team made a dramatic turnaround after the hiring of coach Lincoln Riley last year, while the men's basketball team has made three straight NCAA tournament appearances under Andy Enfield. Bone mentioned quote ongoing health challenges in a statement issued to the Los Angeles Times, but provided no clear reason for the surprising move. I'm geffen coolbaugh.
WTOP 24 Hour News
Fresh update on "lin" discussed on WTOP 24 Hour News
"Makes in the channel's highest paid talent under Under the new agreement the mayor of Flavortown will continue to produce diners, drive -ins and dives, guys games and Tournament of Champions and keep developing other shows with Food Network through his knuckle sandwich production He's been with the network since 2006 when he won the next Food Network star. Stacy Lin, CBS News. There's a new iPhone app that parents should be aware of. Apple's latest iPhone update iOS 17 rolled out a brand new feature called Name Drop. It lets you share your contact information by just bringing iPhones close together. It is on by default. Parents, here's your warning. I'm Kim commando brought to you by NetSuite. Right now you can get NetSuite's popular KPI checklist absolutely free at NetSuite .com slash Kim. Police departments nationwide are sounding the alarm about Name Drop safety applications, particularly for children. It's super easy to share a name, photo, phone number or email address with someone else nearby. While you do have to approve the transfer of contact info between the devices, it's still risky. Imagine how some creep could use this. Here's how you can take control. Grab your iPhone and dive right into the settings. Hit general, then AirDrop. You'll spot the bringing devices together option. Toggle off Name Drop. A simple switch can give you peace of mind. Hey, win a brand new iPhone 15. You can enter now at commando .com slash win. Sports at 25 Five and 55. Powered by Red River. Technology decisions aren't black and white. Think red. What's going on? Well, I'm going to talk about the
The Decrypt Daily: Bitcoin & Cryptocurrency News Podcast
"lin" Discussed on The Decrypt Daily: Bitcoin & Cryptocurrency News Podcast
"Hello, everybody. It's Thursday, March 9th, 2023, we're in the afternoon, and we have a special episode for you. Chung Lin. An investment committee board member of el bank labs. And he comes on to talk about investing. The markets, how to pick winners and how to pick losers. Just really quick. As you guys do know, this is just a conversation with somebody who has been investing in the crypto space. And this is not financial advice. This is just a conversation, exploratory, educational, for fun. Entertainment, but not financial advice. Enjoy this conversation with Chung Lin. Tung Lin, how you doing? You're part of the investment committee board of el bank labs. I'm very happy you decided to come on the show. Yeah, thank you for inviting. Absolutely. Absolutely. You know, one thing I've heard about and we were talking about when you were coming in the show is your unique investing thesis and it's dubbed the platform standard ecosystem. What is that, what does it mean? Well, we call it an internally PAC. It took us a couple of good months. In the last year, when we are about to enter the new investment round, as we all know that when a market is most perished, it's actually the best time to invest with a primary sector. Therefore, we think we are just almost around the corner. And with that being said, we did some time right before investing to look deeply, how does the current macroeconomic and our crypto scene look like? People were moving into a move. So we came up with a thesis called PSE platform standard ecosystem that's a rather unique to the way how everyone else does about investing to crypto in different stacks. We all understand how the stacks works. And middleware upper lower middle. But the thing is, what we really want is that we understand every time there's a new bull market or bear market at the end, we shall look for a different angle. Because if we constantly look for the same pieces throughout ten years throughout three different crypto cycles, I mean, that's just going to be weak. That's inefficient. Because the market changed so fast so fast and so much that every cycle. Therefore we decided we must find another way to look at this industry for the new investment cycle to come. So the reason why we come up with PAC is that we believe the next bull run is going to be like the next really concrete bull run after the car for most of the government regulate crypto cryptos. So for sure, we're going to see a lot of injection of capitals that are growing bigger institutions than they were before in the last quarter round. And with that injection, what is most important is that the injection comes, so how the users, because your user retention stickiness is actually the biggest issue right now. We are facing 80 or 90% of people believe between poor and bear market. Therefore, we are targeting. I don't mind whether it's middleware that provides service to B2C or to see even sometimes. Or if it is a tab or whether it's a layer two and stuff, whatever, push every second that, as long as it can retain, its clients is users stickiness that they provide in a very fashionable way. That's something that we consider as a platform. That's why we show you invest into all the sectors that provide this conservative. I want to go back. I just a little bit and talk a little bit about that. So let's just talk about your thesis really quick. First of all, stickiness. That's funny. I haven't heard stickiness since my MBA that word used in that way. But going back to what you said about looking at the different bull runs. And seeing what is going to be leading that bull run. I think that's what you said. And so if we look back around ten years ago, it's a layer one protocol. We're talking about the Bitcoin. So litecoins. Doyle's coin, even though it's a joke it came out as a layer on protocol. You want to be investing in that. Back if you want to talk about 2016, 17, 18, we're talking about layer twos, maybe ICOs, those kind of investments. This last one was obviously DeFi. We're talking about metaverse. We might be looking at AI in a future. So you're basically saying my thesis is we have to get ahead of what is going to be the new tech that is going to be built on blockchain or part of web three and focus our investments there. Is that correct? Yes. It's that I don't mind still investing to layer two or whatever, or whatever other layers, as long as they provide, they can stand and explain themselves to be a platform. That can explain it. So to aggregate and provide value for our values, within the ecosystem, we have stronger stickiness. I'm super interested to look because I think we are seeing the early stage. A lot of those things that can be still improved. That's why I try to jump out of the box of a typical layer one day or two layer middleware segment, as you mentioned. And also the thing you said was correct. I mean, that's how all those boots are where last time I met with these final 5 before. So let me ask this question then because I know that we have a wide variety of people who listen to this show. We have a lot of expert investors. We also have the mom and pop the retail that maybe don't do this their full-time. Truck drivers or they work in a restaurant. But they do like to pay attention. So give us an example of what you just said. You said, yes, there's different texts or innovations driving different bull runs, or being the leader of different bull runs, but you still invest in, say, the layer once, as long as the platform can stand on its own and it retain its customers or retain the investors. For example, I would say something that is a layer one that retained interest is Bitcoin, obviously. Sometimes that retained. Give me an example of a layer one that you thought maybe would retain and have a platform that would sustain, but did not. For example, polygon started. Initially they are all near or they will be a great example. Initially, they also wanted to be part of layer one, but then they sort of move up the layer up, knowing that they can not just be over each developer and their community ecosystem. Therefore, therefore, they move themselves upwards. One thing to be like, the faster whatever you want to cover those rainbow bridge and things. And so those are the ones that perhaps maybe did not find it all space. And then just moving forward up for upwards. And then it is very congested in
The Hugh Hewitt Show: Highly Concentrated
Fresh update on "lin" discussed on The Hugh Hewitt Show: Highly Concentrated
"All right. My number is 1-800-520-1234, 1-800-520-1234. How deep is the rot in America? Those are random people who happen to go to an Oakland city council meeting because the Oakland city council was doing performance theater at the local level. It's like summer stock and way out of the place, like Packard Music Hall in Warren, Ohio, where we used to get Paul Lin playing Fagan and Oliver Twist, right? Bad theater with one name. There were no names. We didn't even have a Paul Lin here last night. I believe it's a canary in the coal mine. That level, they're not students, all right? Stupid students running around campuses threatening Jewish students is something that was sad enough. But that level of ignorance and misinformation tells me that our minds are being poisoned by propaganda. And we've got to do something about that. While we get phone calls from you, 1-800-520-1234. I'm going to talk to play that for Dr. Michael Oren in hour two. I'm going to find out from Olivia Beavers. I'm going to talk with Lisa Nelson from the American Legislative Exchange Council. Danny Perez will be here. Tomorrow, we'll be wall to wall with Alec Guest. We were out to dinner last night in Phoenix with some of our desert friends, and we meaning General Ishi Mio got over here. I beat him here. I came from DC, and I actually got here before he did, and he came from Orange County, California. And he took eight hours to drive what is essentially a three-hour drive. And so what were you stopping and go to the Grand Canyon on your way here? Well, the factual part of the statement you just made was that we're both here. Now everything else beyond that is nonsense, of course. Let me ask you about dinner last night because my PhD, weightloss.com, is a sponsor. So I was keeping an eye on the scalloped potatoes because I had a very straight-up Caesar salad and a filet. We were at the Capitol Grill in Scottsdale, and it's a wonderful place to eat. And so I had my filet, no side dishes, and scalloped potatoes never made it past you. That's not true. No, I just saw them. They stopped dead, and then they were gone. Now I might have missed someone getting a scoop, but they were all gone, and the broccoli was untouched.
What Bitcoin Did
How the Fed Went Broke With Lyn Alden
"You've written the most amazing article. So Danny sent me this. He wanted to actually text me about three weeks ago. He said, if you read lins latest article about the fed going broke, I was like, no, he's like, you've got to go and read it. Amazing article. Thank you again. I don't know how you keep producing so much incredible content, but one of the most interesting things for me was kind of like starting to see those layers of like, we have accounts with the banks, the banks have accounts with the feds. And I'd never really kind of got that link, but the relationship between the banks and the fed is very similar to my relationship with the bank. Exactly. And actually, this came up a little bit in our Euro dollar discussion for a while ago about a series of nested ledgers. So a Central Bank has assets, which in the older days used to be, say, gold, for example. Now they're often government bonds, mortgage backed securities, other things like that. And then they have liabilities, which are the monetary base of that country. And so the United States, the Federal Reserve monetary base, their liabilities. That's the monetary base in the country. That's basically based dollars. At the end of the day, that's what a dollar is. It's a direct liability of the Federal Reserve. And so you can have that in two primary forms. One is physical banknotes. If you hold physical cash, it's a direct liability of the fed. And two, banks store their cash with the fed and digital form. It's just an entry on the fed's ledger. And that's a direct liability of the fed. And so those are those two components make up the monetary base. And then what banks do is they essentially multiply it. So when you have a deposit at the bank, you have an IOU that is for a dollar, but they have way more IOUs than they have base cash because they know that most people are not going to all redeem them at once or even try to. And so you basically have this fractional reserve system. And there's actually I didn't go in this article, but then the third layer would be international Euro dollar system. Basically, you can have a foreign bank. They have a deposit at a domestic bank. And then they further fractionally reserve it for people that might be holding dollars with them. And so you have a series of fractional reserve IOUs built on fractional reserve IOUs at the end of the day are a claim on the liability of the fed or in other case if it was Bank of England. Whatever the case may be, that liability side of the Central Bank is a monetary base of the country.
AP News Radio
Brian Walshe, accused of killing wife, allegedly looked up ways to dispose of body
"New Year's Day went online to look up ways to dismember and dispose of a body according to prosecutors. Brian Walsh, facing murder charges, was in court today for an arraignment, assistant DA Lin balon says he Googled things like dismemberment, hacksaw, best ways to dispose of a body. Grand and divorce, it is believed that my Walsh dismantling on Walsh and the Scottish her body. She says they found evidence in his basement. Blood in the basement, a knife with the presence of blood. And his mom's dumpster. Vaccine card in the name Alana Walsh. A hacksaw, a hatchet, and some cutting sheets. Anna Walsh has closed another items were found at a trash processing facility, Walsh was seen on surveillance video buying hundreds of dollars worth of cleaning supplies after
AJ Benza: Fame is a Bitch
The Spears Family Legal Fees Battle Rages On
"Quick Britney Spears update for you since I last messaged you and over the past three months, the legal fight over attorney fees has continued to rage on. Which might explain some of the anger you might have seen recently in Brittany's Instagram post. Just to keep you up to date, what's happening is her mom, Lin spears has refused to back down at every opportunity, and she's now demanding that Brittany pay her attorney fees, which are more than $660,000, no one knows this but me. No one's telling you this, but me. If you want to hear more about the ins and outs of this case and this trial this person, please go to Patreon dot com slash fame as a bitch. Where I tell you all the good stuff, there's no legal authority which says Brittany should pay these bills. The law doesn't allow shifting financial responsibility and neither should common sense if you think about it. But Lin spears and a returnees are just dragging this out. She claims she hired these attorneys not only to represent herself, but to help Britney too.
AJ Benza: Fame is a Bitch
The White Trash Fight for Britney's Money Continues
"A lot. It's the white trash courtroom drama between Britney Spears and Jamie Lynn Spears. Bad day in court yesterday. My source tells me they never got to the TriStar discovery and deposition issues that have been postponed, but most of the day in court was taken up by lawyers demanding their fees be paid by Britney's estate, sanding Vivian thorin were there, demanding payment. Jodie Montgomery got a request for fees approved. Lin spears attorney was there. He won $700,000 in fees. Why she has a right to claim fees, I have no idea. Daddy's spears has a new attorney by the name wine garden. He was fighting with Britney's lawyer rosengaard over having reserve funds for his fees, judge penny rejected that the reserve will go back to Brittany, Rosen garb said daddy spears is frivolous and has spent to date are you ready to hear this? $30 million of Britney's money on attorney fees alone. He also spent an additional 6.4 million on media manners and black box security, media manners I have you know in case you forgot is how Jamie spears would play stories with TMZ. He would spend money, pay them money for them to have stories on their shell and on their websites that were anti Brittany. That's where a lot of that money went as well.
America First with Sebastian Gorka Podcast
What Is the State of the FBI and DOJ Today?
"Back with the one and only Victoria Townsend and Joe de Genoa. Okay, let us ask the big questions. You know me, not like you, but I have had a long history with the FBI working with their agents, their Intel analysts to help them understand the threat of jihadi terrorism. And I was very proud of all the work I did driving the country going from R 8 to RA field office to field office. Now, if the FBI knocked on my door, I'd say talk to my lawyers. I don't wear those pins. I was given various field offices anymore. My coin collection of FBI coins is in a dusty draw somewhere. Can you give us your reckoning of the state of the bureau and the DoJ today and is it salvageable Joe? Well, I think that the decay started under Comey and it has continued. There has been no ability to apologize to the American people and to its victims. People have to remember this, though. The FBI does not act on its own. It acts at the direction of the Department of Justice. They did that under Obama. They subverted the Justice Department under Trump and worked with Democrats in the Justice Department divisions to the attorney generals at the time. And it has continued under Merrick Garland, so there is unlikely to be any change in the behavior of the FBI and the best example is what they've done to all the recent search warrants which have been issued for conservative organizations and people which are completely unjustified. I mean, it sounds like you're crazy when you say that. But these raids which have been conducted using search warrants instead of subpoenas, especially on news organizations. And lawyers and lawyers is just absolutely outrageous, but the FBI doesn't do that on their own. They do that at the instruction of the Department of
Impeachment: A Daily Podcast
Broadway Will Not Disclose Box Office Grosses
"You probably know usually the broadway league releases figures every monday about box office grosses. They're not releasing those this year. They they've said stuff about like well you know plays are staggered is not the same. Also there's There's reduced reduced shows for a lot of shows. Not everybody's doing eight shows a week so we don't know i do know that waitress that the night it opened they did make an announcement that waitress itself had broken All the previous broadway records for single performance ticket sales. They made it almost two hundred thousand dollars in ticket sales But besides that all when i was at passover tusa empty seats When i was at hagerstown. I didn't see a single one and i'm sure that last night i think the odds are very good. That every seat was filled last night. They would have been sold out all the people who wanted to be part of that history. How it will continue that way.
AP News Radio
Cheers Greet the Reopening of Three Mega-Hit Broadway Shows
"Other shows have reopened but Broadway made its unofficial return with the curtain rising for three classic shows Christensen weren't surprised the crowd by appearing on stage before the start of wicked it's one of the spiritual anchors of modern Broadway success along with director Julie Taymor is The Lion King you have the desire of the enthusiasm the courage to lead the way because as we know theater in New York is the life blood and soul of the city over at the Richard Rodgers theatre I don't ever want to take life for granted yeah do you Lin Manuel Miranda says it took six years to create Hamilton I'm so glad it didn't take six years to come back thank you for getting vaccinated and wearing a mask and supporting life Maxine checkers in bright T. shirts inspected phones and cards at the crowds made their way into the theaters I'm a Donahue
Anna Davlantes
Jussie Smollett Lawyers Get More Time to Prepare Arguments
"Lawyers forge actor Jesse Smollett have been granted more time to decide and prepare their arguments on several issues, including whether they can introduce a key witnesses. Previous conviction for Battery Cook County Judge James Lin scheduled the next hearing in small its case for August. 26 giving the lawyers there's some more time than originally
All Things Considered
Cross-Cultural Casting: Noteworthy for Hollywood, but Not Exactly New
"About unconventional casting choices in film and TV. Mindy Kaling playing Velma and Scooby Doo spinoff Black Jamaican actress Jodie Turner Smith playing the doomed wife of Henry, the eighth and the British miniseries and Berlin. My dear sister No holds a loose tongue in her head. So does this sort of diverse casting violate some unspoken rule about realism critic Bob Mondello takes a long view, he says. Cross cultural Casting has always raised eyebrows, even though it's as old as casting itself in the fifth century BC When the Greek playwright escalates, needed a defense attorney for his leading man in the tragedy, the Oresteia he picked the God Apollo choice You do not make if you're worried about verisimilitude in casting. Live theater has always assumed the audience can make imaginative leaps. Whether it's depicting warrior kings who rant my kingdom for a horse or founding fathers who rap. I am not throwing away my shot. Hamilton, of course, is a special case. Just like my country. I'm young, scrappy and hungry, and I'm Shot. It's a Broadway musical, famous not just for putting hip hop in the mouths of Thomas Jefferson and George Washington but for matching black and brown faces to those historic white characters. Every time I write a piece of theater, I'm trying to get us on the board Latino composer lyricist Lin Manuel Miranda, speaking with fresh air's Terry Gross, black and Brown artist. This is a story of America, then told by America Now it's our country to with inclusion as Hamilton's calling card, diverse audiences made it a worldwide phenomenon, an outcome that seems natural. In retrospect, but that flew in the face of decades of theater practice in 1986. When the stage union actors equity convened the first national symposium on nontraditional casting. It noted that more than 90% of actors hired in the U. S were white and presented scenes designed to help theatre makers consider other possibilities. In Tennessee Williams's
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"You know in my in my garage. And i'm least at least depending on my day twenty minutes and my infrared sauna and preferably today did thirty five minutes and then foam rolling dude before i get in shower at my bedroom role for like ten minutes. You know. that's something that you have to do right now. I have upper back. Because i've been traveling and i. I'm seeing my chiropractor today. Actually at three. But i i mean. I regularly just by chiropractor like once a week. Two but all of that stuff is absolutely critical. Yeah you have to do that stuff. You know a lot of people. Don't understand the value of therapeutic ipe tissue massage and unfortunately monica woman will in la. Who's in i will. I will tell you where she has. She's not available. She's absolutely amazing. But she's like locker center glendale area and she knows cranial sacred massage right so she's removing the negative energy and stuff like that. She's very energy but she's very advanced. And that's that's one thing. I miss not from her. I have 'cause. I haven't seen her since we'd left back in september last year but but all of that stuff is critical. Grow definitely and what about any kind of combative competitive sparring spores as way to cultivate masculine. Spirit all that is great. All that is great until you hit my age because it's just it's it's more injuries I know tons of guys that are still at a lot of guys. Do gene creek to multiple jujitsu. What's the other one. The what's the bonebreaking stuff. Whatever i got plenty of friends that do martial arts training the problem with martial arts training. And i'm not judging echo young buckets in there and says was far with you a bad dude at one time and you know like to take down when you get hurt man when you're my age you're out for a long time and again it's you know it's a marathon not a sprint and when you're injured at this age mad you put on body fat really quick and you can not recover like you did so. I am very against anything that can hurt me right. I don't ski. I don't ski. I get invited to skiing at least once a week around the world. I do not ski. I stopped skiing. I used to be a big skier. I love downhill skiing. It's amazing but it's not for fifty year. Old people can blow your skin. Yeah i i really liked the way. Can you think about it. It's a lifestyle choice. So but i'm curious giving that you're also very intentional about your spiritual development to i do see that there is a place you know whatever it is that one. Does i believe it to cultivate that. Ego iq that edged right. Some curious know your thoughts are you may be channeling your spirit in other areas where you're like. I don't need it from the body. Like how do you think about the cultivation of this competitive edge on. It's it's it's a good question. i mean. I was a basketball player and played very aggressive adult. Men's basketball leagues until i was thirty. Four but i just you know the best way you know a mentor of mine. Used to say j. or a human opt visor right like you'd look at the world and you like say. How can i go about life at the maximum capabilities Without getting injured and just being super productive at all times and so i think i just chose and yes there's value in what you're saying but like there's also risk and the list does not equate the reward..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"People have mentioned therapeutic testosterone with anabolic steroids. And i wanna make sure people understand. This is a huge difference. A steroid are super physiologic. Levels of all sorts of poly pharmacy and drugs bodybuilders look like cartoon characters on stage to morph their bodies into massive levels of muscle and all that stuff and look i respect body odors i consult with the top guys in the world all the time but you know ultimately. That's totally different. You know and that is ultimately very harmful to long term health. There are plenty of their biological systems and all sorts of duress therapeutic testosterone is a micro dosage of testosterone essentially. Not replacing it again. That's a misnomer you're optimizing your current levels and to saas strode sis eight or attenuates starting at about the age of thirty three as a man and there's percentages of decline that they give out but that's all bs because all that data is from fifties. Today we live in the most contaminated world ever k from the plastic from the blue light. You know. I think. I said this to count on the thing from the howiecarrshow paulie grade. High carbon plastic on the phones. Dude were being nihilistic or endocrine systems are facing disruption on every turn okay so it's a totally different day and age. Now so i mean guys in their early twenties have to saucer deficiencies. You've also got porn addictions video game addictions blue eyed addictions that rewire the brain again. The dopaminergic signaling pathways get corrupted in so to saas. Toronto is not being produced. it's not it's not pulsating. It normally does so again. It's just a really corrosive environment for hormone optimization naturally so knowing all of that is i always say to saas turn as the biggest tool to well as the ultimate solution would done right again under the care of a physician that that is what they're doing and that is the problem. There are not many there are enough. And if you're friends with me.
AJ Benza: Fame is a Bitch
AJ Reluctantly Defends Lin Manuel Miranda
"I wanted to share with you that my sister and I rose, we sat down and we watched Lin-Manuel Miranda, wait wait, I'm sorry, let me go back. His new movie in the heights. Now I'm not a huge movie musical fan. And I really don't like Lin mallin Lin Manuel and Miranda. I think he's a very talented dude. I can't believe the songs he put together for Hamilton. And even this. Writing is difficult in itself, but writing musicals and rhyming things. Man, I know what happens when you're asked while you just write a story, but what he has been doing is remarkable. I still don't like him because he's a liberal prick. But I do appreciate the passion and the culture in that New York City neighborhood Washington heights, which is when my brother in law Jack was from, I said, we got to see this. Let's just see it. I didn't even read anything about it. I want to know not touch on the movie. HBO Max. Now, the word is that Lin-Manuel Miranda did a bad job of representing the racial diversity of Washington heights, especially that neighborhood in which the movie is set. Okay, look, I know there are plenty of black folks there, plenty. But this was Lin-Manuel Miranda's vision and you can no longer have a personal vision if it doesn't satisfy the fucking Frankenstein mop. I don't like to stick up for people I don't like. But in this case, let the guy make the fucking movie he wants to
WTOP 24 Hour News
"In the Heights": A Joyous Return to the Movies
"T o P News Well before Hamilton Lin Manuel Miranda won best musical for in the Heights. The hotly anticipated movie version is now showing in movie theaters and streaming on HBO. Max, Who's Na'vi de la Vega runs a bodega in one Washington Heights, New York, Dreaming of returning to the Dominican Republic. Anthony Ramos inherits the Royal from Lin Manuel Miranda, but it won't be jarring to D C audiences who already saw him in the part of the Kennedy Center. We root for his romance with Melissa Barrera, just as we do, Allegedly Grace and Corey Hawkins, all four of which get character arts, dreaming of starting a tiki bar. Becoming hairstyle is fighting for immigrants and running a taxi dispatch director John Chu proves you can do things on screen that you can on stage, choreographing dance numbers in swimming pools, surreal subway tunnels, even sides of buildings. A tough pandemic year. It's the feel good movie we need right now for a
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"You know we're having to figure this out and leaders are having to figure this out in an environment where we're all still remote and distributed so i love this question and and my mind and heart has been exploring how do you how do you make someone virtually take trust trustfall right and like this experience together where you can be vulnerable and and play together and get that bond that comes from that the on that trust is bond that's built you know slowly over. I'm so taylor. I i have to point to you know creative play and games that you could play a even. That would take five minutes at the beginning of your next meeting. Ma is an amazing resource from my teacher. Jenny sour klein in the bay area. She runs an amazing school called scaling intimacy. So this could work for groups of people We we do work with groups of people that you know eighty hundreds of people and you can make it feel a lot really intimate using of these games but i want to turn people under her resource called play on purpose. Dot com Is she's got a whole bank and a whole library of really amazing games that you can integrate into your virtual meetings and it's amazing. How like like we were saying. Even a couple of minutes at the beginning of a meeting pausing to take a breath or take investing five ten minutes at the beginning of a meeting to do an icebreaker. Everyone rolls their eyes at the sound of an iceberg. I've worked with plenty of skeptical kind of heavy engineering types to like. No like to know that that's in the room and the benefits of doing just a really like easy icebreaker question or like drawing game. The beginning of your meetings is a great small step to just build a little bit of creativity in play and vulnerability into your culture. You know it's interesting. I so i've been engineer. Who rolls my is for these icebreakers and always appreciate having done some conscious love it. My conscious was judging it right so early in the leader. I mean now facilitates these type of things for me is like i see what you're doing you're gonna love it. Don't worry about it. let's just go right. Yeah as as a as a facilitator. I've been taught to have people in the beginning of a meeting. Just okay everybody rise. Everybody just grown. Okay get out of the way and we're gonna hang and you're right people end up you know because it's the it's the kid and us you know we keep talking about the young zeke. Am.
Encyclopedia Womannica
The Life of Lynn Conway: Computer Scientist and Transgender Activist
"Lynn conway was born on january. Second nineteen thirty eight in mount vernon new york initially assigned male at birth. She experienced a disconnect between her gender identity and assigned sex from a young age. Lynn new she identified as girl due to the limited knowledge around gender fauria in the nineteen forties and fifties. Lynn was raised as a boy. Lynn was a shy and reserved high school student. She excelled academically specifically in math and science. Her grades earned her spot at mit at the age of seventeen at mit. Lynn studied physics for two years before dropping out as a result of psychological distress with her gender identity. A few years later in nineteen sixty one linen rolled at columbia university. She earned her bachelor's and master's degrees in electrical engineering during this time. Lynn married a woman and the couple had two daughters together. Violet columbia limbs work caught the attention of professor who is a senior leader at ibm. He offered her a job on the ibm research team. That was covertly developing the world's fastest supercomputer. Lynn had secured her dream job. Then in nineteen sixty seven. Lind learned doctor named harry. Benjamin the leading researcher on transgender people and sex reassignment surgery after counseling and hormone treatments lynn decided to undergo gender reassignment surgery. To ease your transition at work lin planned for ibm to change her name on company records and transfer her to a different lab. No one would have to know but ibm corporate disagreed. They feared employees would be upset. If limb secret got out some instead of honoring their promise of finding her a new department. Ibm quietly fired her. On top of losing her job wins wife left her and banned her from having any contact with their daughters. Fourteen years would pass before. Lynn saw her children again despite being ostracized by her company and family. Lynn moved forward with the surgery and completed her transition in nineteen sixty eight.
Filmspotting
'In the Heights' and the New Golden Age of Musicals
"Early word about in the heights has been effusively positive in general and praising of star anthony ramos as a screen presence in particular if you get the film spotty newsletter. You already know that. This week producers. Sam wrote about seeing hints of ramos's potential in the filmed version of hamilton. So i thought we might want to start there atom to ask if this potential was realized for you in this screen adaptation of lin-manuel miranda's pre hamilton stage. Musical ramos plays whose navy de la vega twenty something new yorker. Who's taken over corner. Bodega from his late parents. But dreams of moving back to his native dominican republic. There two other main characters whom will get to but it's it's navy who introduces us to. His washington heights neighborhood in the movies. Bravura pre title sequence. Which is a chance for ramose to showcase his skills as a singer. Slash rapper as a dancer and just general screen presence
AP 24 Hour News
Lin-Manuel Miranda On "In the Heights"
Catch my Killer
"lin" Discussed on Catch my Killer
"Me to suffer for sure he wanted. I say he wanted to create how on earth for me and and he did. I mean he truly. It's been you know two years in august but it's really bad and how on earth you know. Luckily i'm one of the lucky people that They do have evidence and they to have an indictment and you know. Hopefully eventually we will get to a trial. And maybe i'll get some closure. Maybe you'll get some justice for mom but you know there's a lot of people out there you know obviously based on your podcast that you know. They never know who did it. They never find out. You never get that closure. So i am grateful that that i have that because oh i can't even imagine if i had no idea who or how are you know all those things but it's still bird. I mean you know sunday's great other days. I'm not and you know after it happened. I probably wouldn't sixty six months just kind of robot mode just kinda going through the motions and not really being present in my own life and then one day i just. My mom was such a big person. It's such a huge presence that you know one day. I think it was eight months after. I just woke up and i said you know what i'm still alive. I'm still here now. i. I'm just going to go big and i'm gonna live give back and pay it forward and and live big enough for both of us. You know that's what i need to do to just make it right. I mean i could never make it right but you know what i'm saying. Help do she would have done. And and go for it and go big. Go out and do all the things that she would want me to she. She was by far my biggest cheerleader in life. So tell me about the moment ads. What was going on the day that she died in your life. What what were you. Tell me about what you were doing. And then how you found out in. What were your thoughts. I mean did. Did you immediately suspect this guy or were you thinking. Oh you didn't have no idea. I had no idea 'cause like i said i. I haven't had any dealings with him in in twenty years so i had absolutely no i like. I said i didn't even know if he was that he was out of jail. As far as i knew he was still locked up somewhere sitting on the couch watching tv relaxing. Because my husband was working. The not. Just and i got a call. I think it was about seven thirty from my stepdad and he was actually at the police station being questioned and he told me my mom had been murdered. And i'm just called my husband and humanely left work and came home and then it was just a few minutes after that. The police showed up at my door to notify me and my husband took that meeting with the police and and then we just got in the car and drove straight to abilene. We ended up getting about ten o'clock or so ten pm or so and they were still questioning my stepdad. Then my sits out sister was up there me and then they questioned me which i don't even really remember all that sitting hours i was just devastated. And then they got a big press release on their avenues. The chief of police that huge release talking about the murder. Everyone was still face and you know they were walking down the crime scene and they didn't think the public was at In harm's way. I mean it was just a mmediately a media frenzy and you know the my phone started blowing up with every new station in the country wanting and they're never you want to talk to me about my mom and i grew up in abilene too so i'm pretty pretty well known there as well and so yeah. It was just crazy very thankful though that at that time i i refused all interviews. I just focused on You know what to do next for my mom and make sure that we had a great celebration of her life. How long did it take for them to Make an arrest. Well they actually what. The aberdeen places is really a a good thing. They he was on Probation or parole or whatever so because they suspected him they went ahead and put out a something about where you have to check in immediately you know. As a as a parolee or a person and they gave him. I think they let him that. He had twenty four hours to come in or twelve hours to come in or something. This is like she was murdered on friday. This was like tuesday and of course he didn't come in so that's considered a violation and so that's how they went and picked him up and then they were able to hold him long enough to wait for some of the evidence to be processed And then they were able to indict him get guided but it was all within about a week or so 'cause they did it expedited processing of some of the key and then the rest of the evidence is processed right after that. Yeah that's that's pretty fortunate. Because i've i've interviewed over fifty different people. It doesn't happen very it doesn't happen. I mean never you know i mean unless it's a clear cut case with a bunch of witnesses or something but in may the made the people i've spoken to. They've gone years without knowing anything. Well i think they were very concerned that you know he was going to come after me and you know of course i was there so they kept calling me saying you know we've got is on. I'm watching on because the men. Of course i got terrified but you know there. They were very concerned that he had more victims of mind. I guess so. They just went ahead into the probation parole violation and and were able to pick them up. I think also because like i said earlier when they found him he was also burning things in his apartment. And there's there's a lot of other things going on. So i'm not sure what all you know that that it just seems odd. Why would he wait. I mean if you hadn't spoken him and twenty five years in. I mean he was probably don't mind out of sight did you. Did you have children with him. I did. I did one son. Okay i never since the crazy part. Because i knew he was not able and because i like i told you my lawyer had said those things to me about your not face and all those things i never pursued like child support or any of that stuff Because i just like it's not it's not worth it. You know my life not worth that. So we just you know and i knew if i pursued it. It would just you know anger him. We just didn't. yeah so we. We didn't have any contact with him at all. And like i said. I didn't pursue any of those legal things and i just raise my son and and he was basically in and out of jail. I some whole life so he never even really knew him. I'll be good for your. Yeah for sure but still a lot to even though he didn't have contact with them to know that your your father has been indicted for murder of your grandmother pretty devastating. That's pretty I don't. I don't know i don't know how you cope with that. That's a lot. It is a lot for a young person to try to understand. But still i mean that's just twenty. Five years. he talked to him. He must have had one halloween grudge. The must really been angry but then if he was on drugs yet then you just don't know how people are gonna react. I mean maybe just hyped up on something one day and then he just mad and just decided to just randomly go out. It doesn't sound like it was planned because he was captured so easily so it maybe it was just something. He was mad and just went and did. Do you think that's what happened. I think because it was my mom had been playing. I mean it had been i mean. I think he's been wanting to get back at my family for twenty years. And i don't know what you know. I don't know what makes a person. I'd today's the day or not today or whatever.
Catch my Killer
"lin" Discussed on Catch my Killer
"So that's kinda the history of where all this came from. And you know it was as much shot. You know to me as it was to anyone that you know. It ended up being him when you were married to him. Was he violent towards you. I mean we see an abusive man i want. He was on drugs or alcohol. And that's that's what. I mean when he drives and things and he just became a different person when he was clean and sober he was like he was a really nice guy. But i don't know what here's years and years of congenital drug use does to a person and you know some psychologists and things i've met with and they've all told me that you know when you're a habitual drug user. Intravenous drug teaser. you know. Time has no relevance to you in his mind might still be nineteen ninety eight or whatever you know. I don't know if that's true or not. I'm not a psychiatrist but when you're on that type of drugs. I guess you just you just don't think the way normal person thinks now. Are you sure that it was definitely is so it was definitely him. That killed your mother though. Is that correct. Well he's been indicted and we have They took twenty seven pieces of evidence from the home. I can't really tell you the details about all that. But based on the processing of all that evidence is how they were able to indict him. You know can't give out those details but you know after they. They process the twenty seven pieces of evidence. It came and that's how he was indicted when they caught him found him. He was in his apartment burning things. So we're not sure. If that was evidence he was burning. Or what but yeah there was. There was Enough evidence to indict him for first degree murder. What type of relationship you have with your mother when you were married to him. I mean whizzing volatile. Was it a good relationship. I've always had a great relationship with my mom. She's very supportive. I mean she. She likes him in the beginning. You know we all did and then You know when i call from san and said hey this is not going. Well you know what he's doing things that i don't want to be involved in doing draws and acting different you know. She was very supportive. And helping me get out and away from him and you know get get back to some sort of normalcy and that made her. You know no longer like him has. None of us did after that. So but i guess you know when he was arrested for this person murder indictment. He had his criminal history. He'd been arrested. I believe at thirty seven times with seventh and he was still walking the street. So how that happens. I'm not i'm not sure. Why would he have done this to your mother. You know you think it was like. Was it like something that he was doing. Just to get revenge against you absolutely. That's my belief. I don't know if that's true. But that's my belief. I think my mom you know she was seventy five years old. She weighed maybe a hundred and ten pounds. I think she what he felt. Was that easy target. You know on two and a half hours away from their my husband's a police officer I'm not probably as easy of a target if you will Not to say. I'm not easy but you live with a police officer. And he would have to get here and there'd be a whole lot of other things that would have to take place so i just think you know. I just think. He thought she was easy. Easy target and you know she was home alone and you know he came to the front door and somehow made it into the home. We do know that she ran to the kitchen to get a knife to try to defend herself. And i guess he took it away from her and and ended up killing ultra. I mean. that's just horrible. Very what what kind of person does that to a seventy five year. old woman. I mean it's just i mean and he's he's probably six two. You know three hundred pounds. She had no shadow chance though. She didn't know definitely not last. Few minutes of life must have been pure terror right and that's the hardest part of it. All honestly is thinking about her last minute and knowing that i mean i know it's not my fault but knowing not because i was with this guy but this is you know how hard life ended even though i haven't had anything to do with them over twenty five years until it's still a lot of guilt to hold on to think about and we had just in april. This happened in august in april. We had just had her out. And you know had a big party for her. Seventy fifth birthday and i had a chef chef com. She'd never had that done for her before. So we cook the chef. Took your favorite meal and Just had a big seventy fifth birthday party and it was great. I mean it was really great and then you know just a few months later i get a call that this happened and You know it's i know. A lot of people lose their parents around my age. But it's just so different when it's murder. I can't even explain the shock and the like just the regret the guilt and all of it. It's just so. I feel guilty. Because i felt like you know. He probably really wanted me not her. So it's it's a lot of a lot of survivor guilt. I guess well it's definitely not your fault. I'm guessing that he must've known that by taking your mother out of your life and such brutal fashion that it would lead the guilt and a lot of sorrow on your part that you would have the live life without.
Catch my Killer
"lin" Discussed on Catch my Killer
"News good evening in abilene accused of murdering his ex mother in law found incompetent to stand trial fifty old. Gary shane clinton is accused of killing lynn rushing in august of two thousand eighteen k taxes. Reporter john rapallo was at that hearing this morning joins us now live from the taylor county courthouse with more john. Gary shape played won't be in court. Era the taylor county courthouse anytime soon facing a murder charge for killing his ex wife's mother. That's because late this morning judge ruled glenn and competent to stand trial for murdering seventy four hundred rushing inside of her home in august of two thousand eighteen but that could change after his transferred to evaluation at the psychiatric hospital. That's gonna take place over the next four bus that we spoke to clinton's ex wife sworn it after the hearing who is also then russians daughter. She says clinton is just trying to beat the system by serving time in a mental hospital instead of a prison. I didn't see incompetent percent on the santa. ask someone who knew exactly what he was doing. He was smiling waving at the audience in a no no remorse. No concept of what he stands by mother and family jerry. Shane clayton also asking the judge. This money to reduces by. We'll tell you what the judge said coming up at six for now..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"So i i didn't do. It wasn't a i. Guess wasn't it really wasn't tactful Because i didn't think when. I was doing it but it was willful because i just was doing it because you know why not fit in. You know you don't want people to see the real you sometime. And i think i was at that stage where i was like man. I'm just too weird man you know. Ain't nobody gonna understand this type of work ethic you know nobody understand you know what my beliefs are you know. Why even tell them you know walk. How could they understand and parents are only going to understand. You want to see you for your birthday. So it's hard for them to look pass on. Who does from child to who you are. You know you go through that now pass now going to. They always see you one light. You know so for me. I want my parents understanding you know i wanted them to do things Mvp therefore me. And do all that. But i realized with doing all of that. The pain of all of that it made me more independent An independently independencia turned that anger from that dependency into a fire than flame How customizable model train tyson. A you know you have a flame and then the fire than his or farnell and basically. That was burning on me to really. You know have excellence. Um so for me. When i was doing with that is i just created this create more and it would make me train even harder and it made me not depend on anybody you know i. It was the case. Was if you're going to train like this and if you're going to be this type of individual then you're going to have to be harder than ever. You're going to have to go through hail psychology. You know psychologically and when you go through that i'd guarantee an end you're going to be better for it. And that was my idealism for our roads mama whole diesel of understanding was if you are we supposed to be. You are not going to ever need anybody that stands for your around it. You'll be able to be independent center and understanding that which will purposes in everything else will fill in. So i've never really worried about it. So hard orb suppose on real quick that in itself is also a unusual mice set. I think you're right. It's accurate when we come into this world by ourselves. We're going to lead to swore by herself. So ultimately we are solving beings and this is our own individual journey in the collective whole right however most people do yearn for that support and understanding from others. So.
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"So i know that. That's that's sort of your vehicle for transformation to bring the also tweet introduced west african kotra in cuisines and so forth so for someone who learn about this for the first on. How does it compare to rise and we and and keen want because it looks a lot like some. Yeah what for new is on anchin. Green like like those gluten free unlike we'd Actually look the the difference is the fact that for new is a is very very very resilient you know. He's been around. Five thousand years is probably orders cultivated grain in africa and the fact. That is also very nutritious. Highly nutritious if you compare in terms of nutrition it has like five times more fiber than brown rice for instance in august this one example it has no assets that are deficient in all the major grains in has those two acid in have in abundance you know decor sistine admit union. Those amino acids are very important for human gross but they don't they don't have it abundance within grains but for new unless it's so you know i can go on a horrible. My last cookbook is on formula. Is the phone good book. You can have the background here. And it's the whole jonnu. Full new in goes activity was soy in bolton a grain. Like this for me. The fact that it grows in a pool sort any Restore the sword because it has deep roots that story exciting digs restores the absorb you know. I leaving an area code this ahead. You know senegalese. The south of the sahara. You know that scenario does very dry very arid and agreeing that bring. That could slow down. Desertification is very important. You know that glenn happened to be also nutritious in duty-free in delicious as a chef knows me Great opportunity here. You know this grain Can be transformational Is a full day. Among the poorest ones in the ward they had direct they just grow for you for did subsistence. They don't have markets before you so my dream was like well. I couldn't find markets this grin. I mean easily. I'm very naive in very Mystic as if you get to know. I think i can do anything i mean you know. What am i said i. I don't forget. Let me ask you a question about cultivating mindset. But you know if you want to continue phony will come back yet. Yeah yes so. I was like us thinking. Okay look i i've seen keno the us in know group. This grand from the end is in the became. The it grain folio has borowitz. it's not on his gluten. Free is very nutritious is great for the environment but this grant comes. The green is going to transform the culture where it's from the people. Those poor farmers who can barely make a living for new will make them importers of grain of of this and that can even change. The west africa amounted. Seneca would west africa because in a food security issue is dealing issue. Still importing food. You know when if we can grow enough for new for ourselves and fuller input in the really amazing and this is me and my head thing. I'm gonna do this thing. That's how i started. My company Was like what what is your lamey. Eulalie is let the good times roll like it's a. It's a funny. It's a funny thing. But why i used your because jahlil is a flat new woods..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"Just think the advertising model on podcast just doesn't really work. You need to have so yup yup such huge audience. You need to be like a tim. Ferriss like i. It counterintuitive cost is that it's a lot of work for not a lot of money that being said and this gets into a bit of the conversation about entrepreneurship is that i think it. I think the key is to be an aunt. Tablet entrepreneurial mindset but not have a mindset of a focus on bottom line and money. Because not you don't reject money. Money is good because it helped money is something that helps you build your thing but if the goal of the thing is to make money i just the goal of your podcast make money. Don't do a podcast go do something else. But if goal of your podcast is to create abundance in your life money will come in all sorts of different ways and in my case like life is a festival is strengthened my network like i have a brand people are aware of me and then it led to my work with maya which does amy and now i'm doing a podcast for for my therapy podcast. I'm getting paid well to to do. Because i'm on a vp salary for doing the podcast and some other things so it actually turned into a career. Doing something that i love. Maybe someday life is a festival turn into a tv show turned into something else and it'll they'll be some sort of watershed moment a financial renumeration but to your earlier. Point about love and money and spirituality all of these things this all being different forms of love. I think the key is to cultivate abundance in your life and that abundance may have the name of money but it may also be many other things and for me. It's a lot of other things. Okay let's kick out a little bit about more on the expertise of being a great host so personally for me. Look for graham norton. He's a master interviewer. Charlie rose master interviewer joe rogan..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"Famous let me just jump right into the first time when i met you it was two thousand eighteen bernie. Men can't mistake. You gave a talk at the love temple. Do you remember what the talk would remember that at all. Yeah yeah we called it the penis and vagina dialogues and it was one of the last. Men's work talks that. I gave but me and my friend alana meta had a conversation about the things that men and women have trouble talking about and we did most of the conversation naked. So right away. I said to myself. Wow this guy's courageous ballsy like literally so the literally. Yeah so for someone who's watching you and say wow. That was really courageous. Can you walk us through liberated journey of really leaning to this desire to be more and more open more and more vulnerable. Yeah wow so. I feel like acts that appear courageous to others are often incremental parts of broader trajectories. Now that it's necessarily incremental to do a talk naked. It's the first talk ever done naked. But when i think about that question kagyu started. You didn't start me on a softball really. How did you have the courage to.
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"The world. The we're here for a breast of of air in terms of the timeframe of the overall universe. So what can we do to really make that impact in. Wake up with that thought every day. What can i do to just drive it and by the way. I don't wake up fully inspired everyday. It's a process. You gotta sure you've got to grind and get up and it's not about the motivation really is about the discipline of creating the impact that will create the motivation. Most people saying when i'm motivated. Then i'm going to have the discipline to work that way. Got to create the discipline to create the motivation. What s the morning rituals that you do. As a way to that discipline exercise the muscle. So they all your. You are in control in control even though controls illusion but more sovereign in the way that you want to go after your life so the very first thing i do before you get better when i get out of bed as it but my right foot down on the floor and i'm symbolically sending a message to myself that i'm getting off on the right foot. I believe that morning ritual of how you set the world. Are you getting snooze. Are you waking up and getting out of bed right away. So all these little things add up so the first thing i do is one. If i'm struggling with a question. And if i'm struggling with needing to find an answer sometimes it will do is. I'll go to sleep the night before with looking for that. I'll ask the question with the hope that the answer will come in the morning right especially an important decision. I'll wait typically about forty of max of forty eight hours in order for me to execute on an important decision and so that starts with the nightly ritual which sets the intention for the daily ritual. Now if you notice that sometimes you might go to sleep. Thinking man only.
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"That she couldn't function so i was doing everything for her in what he told me was. Because you gave everything for your mom The universe has no other way of showing up for you. Then giving back to you tenfold. And i believe that wholeheartedly that you put yourself into a scenario where you're giving hardly were so scared of. I'll be going to get taken advantage of or maybe some. Something's going to screw me over. But you know what you just keep showing up and you keep giving and loving an abundance of come your way it just will you will attract it significantly I so appreciate saying that while we ask. Yeah why don't we ask you go on that rabbit hole bid. I wasn't expecting it. But since what the heck way you're describing is just reflect buy com my personal journey as well my younger days some so super sabbath says about me. What do i want my goals. In how do i get there and in. It wasn't until i had my moments of darkness in moments of just like all of my tools. That i have accumulated over time working harder being smarter. Legis stop working them like holy. Shit what do i do. Then that Illusion crumbles than it had to just basically say fuck. What else is there was. Beyond the intellect then. I found oh empathy and compassion for myself first and foremost than robbers. Then janda the spirit. Hey there is much bigger things out there. That's intangible that i could measure through my ego ick materialistic approach to life some curious. No from your perspective. Were there dark moments that you had to encounter for you to say. Hey there's much more to that than. Just what's measurable more actually talked about your mom. So can you zoom in on this specific moments. Where would have let you choose say. Hey there's much bigger things ahead of me yeah..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"Will i give one more. Let me just look back here. I think those are the two that i would really give. Oh actually i was wrong. I lied the other. One i would give is for people that want. Something more practical is called getting real by susan. Campbell c. a. m. p. b. e. l. l. That books amazing. And what i love about it is. It gives some head based ways to get into your heart. You don't have to be like. Oh get my heart. How the fuck do i do. That actually walks you through it. Which is quite beautiful. Don't want to take a few minutes really acknowledge you for a number of things. One you share really truly who you are and your stories and know that At some point in fell a little bit uncomfortable in religious. Getting real about the things that you struggle with or you're currently struggling with and yet you did it courageously. I really appreciate you. How you show up. Being present in grounded meaning embodiment of. What's it like to be free from illusions. Of the ego. And really step into this full expression of brilliance in the body. Sorry in the head in heart in spirit thank you so much is sharing in showing up so beautifully on this interview. Thank you. Ck this has been such a treat and it's hard to believe it's been two hours in changes just flown by..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"In a bit of a pit where her story about herself is very negative my flavor of funk would be very impatient gotta get everything done fuck off. Get out of my way. That's what mine tends to look more like hers. I suck nothing. I do matters. You're doing awesome stuff. Everyone loves you like that kind of thing. And what's interesting about the dynamic. There is she simultaneously. Wants me to prove to herself. Proof to her why that's not true but also unwilling for it to be untrue. So i can be like. Do you want to look at your views on facebook just to prove that it's more than three people that like you and we could do that. It would make any difference because again. She's in the cycle. And there's a part of me that wants to be like your amazing stop this and shouted her. That's not going to work. Of course there's another part of me that wants to be like shrug my shoulders. Fuck you then. If you're not gonna let me if you're going to argue with me about this fuck off. I'm going to do my stuff. Tell me when you're better. And that's what we would typically refer to a bit of toxic masculine or first stage practice. I'm gonna go to my solis. You need to work this out blah and the place. That i'm practicing and went today was just to really look. I don't need it to be any different. And i love you and if you want i will tell you to the cows come home. How amazing you are point to all the stuff. But i also noticed that it's not making any difference and you keep arguing with me and so. I just want to check in need me to do that. What's going to serve you best. And sometimes that makes a difference and she's no. i know i'm just doing this at just. I'm sad and then we can get below it and connect and other times..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"The truth. We can still choose back into old way. You get the choice of the red pillar of the blue pill. And that's i think that's beautiful the way you said it really allows us to pierce that vail little bit. Wanna talk on men's work a bit in jump in hard left. Yeah it's all good talking acted. I'm sure you want me to jump in any way or do you have a particular question breath japan. Define men's workforce. Gosh what does that mean for you. And what's your journey of ben's work so the teacher i work with early. I'm going to use his verbiage which is traditionally we've talked about like these almost call them like primordial energies of mascot energy and feminine. The teacher uses. He talks about alpha energy and omega. I say i'm so sorry metric. I forgot to touch on the third point that you mentioned year. We were talking about learning from Wisdom teachers right the a first nations as well as was the other the incan. Can you more about that. Because as someone who used to be a lawyer who used to be a software engineer very lebron yeah why interest in studying the wisdom teachers from peru as well as the first nations i would say ultimately because i've been i felt called in that direction. So that's one of the things that's interesting for me is the first phase of my life is really like head based brilliance learning to own my brilliance and then second was heart based billions brilliant. So coming out of my head during things out but trusting that. There's a brilliant inherent in the way i show up in the world. And then the third path has been like spiritual or spirit based brilliance. Which just making these terms up but for me. That is letting go of knowing how anything's gonna turn out full stop and not needing to really know and trusting that there's some divine current that were all flowing through and that trusting that i can be with whatever showing up i can handle myself. No matter what happens and then surrendering into that living. My life from that place..
Noble Warrior with CK Lin
"lin" Discussed on Noble Warrior with CK Lin
"Ultimately diagnosed with when i fell apart was chronic lyme disease so i went about six seven months undiagnosed in then than when i finally found myself to the right doctor who was able to do the right diagnostics. Newfound found okay. Now i knew what i was dealing with and one of the many side effects list this stealing of the sensation of shortness of breath. This went on for months. If not over a year where perfectly fit guy i used to be at the top of my athletic game competitive athlete and then i fall completely bedridden. Couldn't do anything days when i couldn't even walk to the mailbox to get the mail. I was that sick. And then as i slowly crawled out of that one of the lingering symptoms was the sensation of breathlessness. Which i later found was was a symptom of chronic lyme disease it impacts your mitochondria in your mitochondria function. You're actually not start proxy jim. But you're you think you are. And so i found my way through. I was a very committed meditation practitioner at the time and this is about two years ago and then i started on this path that led me to win off method other ancient forms of breath work but i started experimenting with all kinds of different forms of breath. Work wim hof and a combination of often. Some other techniques are really what i do on a daily basis about two months into daily practice. That symptom went away. And i have never had the symptom again since i started practicing taxation abruptly Gone gone amazing hole. Let's see. I do wanna get back to ask. Why don't we talk about the health collapse. Then we'll come back to breath work bit and we can go really deep the breath of sure not at all. Yeah how did you come about the this health collapse. You discover it was it am. Why don't you do actually focus on not just At a health problem. I saw dr arnn got prescribed describing if he can go into the experience of it the dark part of it like the emotional aspect of it. Things really important to discuss that. Because i don't think just people say about their dark moments so if you can go into battle bit i think it would be really helpful. Those who may be in their dark moments now.