40 Burst results for "Larry"
The Café Bitcoin Podcast
A highlight from Swan Private Macro Friday with Steven Lubka, Sam Callahan, John Haar, and Terrence Yang - September 22nd, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. This is like a rabbit hole, but, you know, posture is a very interesting topic because there's lots of studies out there that show that actually fixing posture doesn't do absolutely anything to preventing pain. So you could say posture is a shitcoin. The best way to fix your posture, I think, is just sell your chair. So, Sam, I've been doing a muscle activation technique, which is basically a realignment of your nervous system, I guess, so you have a bunch of different muscles that help your joints to mobilize your joints, and oftentimes we get micro injuries and some of these slow twitch deep muscles stop working and then your body compensates, of course, by utilizing other muscles around that muscle group or within that muscle group to compensate, and sometimes those muscles start refiring again and sometimes they don't. And so I've been doing this thing called muscle activation technique, and my posture has actually improved because this technician has gone through and ensured that all of these muscles that are around these joints for mobility and range of motion are activated. And I feel I actually it's almost like magic. It's just really weird thing because you don't really you can't really tell what's going on because you don't really feel a lot of these muscles individually. But after doing this for about 10 sessions now, I feel better physically than I have in a long time. My posture is better. It feels like my body is working in much better than it has in the past. And it's really been it's really and he and he actually and people have noticed my posture getting better. And it's just a really it's it's probably the best health care money because he doesn't take insurance or anything. It's probably the best health care money I have spent in the last 20 years. Wow, that's quite an endorsement. Well, that's great. Happy it's up for you. Muscle activation techniques. What's up, Terrence, Dom, good morning. Yeah, I've been working on my posture, too. I look back at like old bull market charts, Bitcoin, and then in my posture, I like puff up and my everything kind of comes much better. I just have to go on internal team videos, watch my great colleagues, Steven Lubka and put them. Sometimes they look the same to me because they have the exact same posture and they're the same height. But yes, that's always a good reminder to improve my posture. That is true, as you learn about Bitcoin and you stop watching every single five minute candle staring at the chart and just stop worrying and go outside and start learning about other things, start learning about the network, reading books, the posture improves. So there's a little benefit there. Dom, yeah, I saw you make an announcement about the proof of workforce. Congratulations. Pretty cool. You want to tell us a little bit about it? Yeah, thanks, Sam. I got a little background noise because I'm on the big red. But yeah, really awesome to get that thing up and going. We put it, we tweeted out our board, which is, in my opinion, an unbelievable board of directors, including, I see in the audience, the one, the only Joe Carlasari. So I got mad BJ Dictor sound effects. I got my BJ Dictor sound effects loaded up right now. So, yeah, no, just doing great stuff, doing some great work, really excited for it and excited to talk more about it at Pacific and connect with anyone who's looking to bring Bitcoin to workers and unions and other membership based organizations. So really cool stuff. And yeah, man, super pumped. Yeah, I think it's a super cool nonprofit just working for, to educate people about Bitcoin, these unions, these pensions. Congrats on getting that off the ground. I think it's a really important effort for the next bull market to kind of start protecting workers and their future retirement. So with Bitcoin. Yeah, it's a tough group to crack sometimes. And it really helps, you know, was thinking about like, what's the best model and the nonprofit model being able to come in with no product? No, like, hey, sign up here. Like, hey, here's the cards on the table. We want to help you figure out how this works with your organization, whether that's just education, whether it's adding Bitcoin to the balance sheet, you know, enabling lightning payments for your members, you know, whatever that is, we just want to provide the tools and then let them kind of find their way on their own. Yeah, probably use the Nakamoto portfolio. That's a great tool right there. It's going to help a lot. Check it out. Nakamoto portfolio dot com. Play around with those tools. Extremely powerful. Yeah, that's a great tool for sure. Kind of pivoting a little bit, but like. Did you guys see that video of the guy getting his engagement ring back on like a reality TV show and then saying, you know, oh, that's a Bitcoin. That was hilarious. I could play it for you if you want. Yeah, why don't you play it? Vanderpump rules, right? You're still wearing your engagement ring, huh? Yeah. Yeah. I'm I'm going to give it back to him. Do you want to know? I mean. Don't give it back. No, I'm not going to keep it right here. Thank you. That's a Bitcoin. I love that so much. It's like every Bitcoiner thinks that you start like pricing in everything in Bitcoin. It really does become your unit of count in your head. Once you give the girl the ring, don't take it back. Yeah, you're going to want to make sure you're. You're positive on that one. Another reason not to put data on the base layer, right, like marriage certificates. I kind of think the days of expensive engagement rings and expensive weddings are going to end fairly soon with housing affordability at all time lows and so forth or in all time lows for at least for decades. You mean because diamonds are a shit coin and they dump them in the in the ocean off of the coast of South Africa? Yeah, basically, I think it's already the demand is already down, but it needs to kind of die a permanent death. I think the greatest marketing campaign ever. Yeah, diamonds are a rabbit hole. Like I'm going down that rabbit hole, the De Beers company and how they control a monopoly on the entire supply. And it was a huge marketing campaign. And there's no scarcity there. Girls aren't going to want to hear that, but only it's only for certain only for certain sizing and color. But yeah, then there's like these lab diamonds, right, that you can't even tell the difference now that are better. Yeah, I'm not going to get one of those, but they're shit coins. There's no scarcity to them. And they're wow. Really, Sam? It's progressed that far. You're already thinking about a ring. Congratulations. You heard it here first on Cafe People. I wouldn't go that far, Peter, right? But if I was, there's no way I'm going to get her a lab diamond. I saw this video of somebody like in the front row of an NBA game. And I guess there's like a gun that you could check rings to see if they're lab grown or they're regular. And they were going down looking at the big rocks of these celebrities. And this guy, his wife's ring, and then it shines red that it's a lab diamond. And she just gets so pissed off and throws it at him and runs out of the game. Whoops. Rug pull. Rug pull. Or that gun was inaccurate. Because again, you're like trusting the third party source. That's the whole point of bringing it back to Bitcoin. But that's the whole point of Bitcoin is you can self verify that you got real Bitcoin from whoever sent you Bitcoin because you're running your own node. Whereas with whether it's gold or diamond, like the Chinese got swindled for billions of dollars. I think of fake gold bars that were actually tung sun and just gold plated. I like how quickly you think on your feet, Terence, but I don't think she's going to buy it. Yeah. Terence is like, oh, did you think about the gun? It was the gun, bitch. It was the gun. Oh, my God. Hey, guys. So a friend of mine, actually, this is timely. A friend of mine just bought a lab grown diamond and he paid 1500 euros for it. It was 3 .07 carats. And a traditional diamond would have cost about 50 grand. So it's completely destroyed the price of diamonds, man. That's insane. Yeah. Over three carats. And it's chemically, he showed me the certificate is chemically identical. It's still got slight flaws in it, but they literally just they're basically just printing diamonds now. Right. So they've become dollars. I thought it was funny. That's hilarious. The stock to flow is going down for diamonds. Anyway, his wife, she's delighted. She's got a $50 ,000 diamond around her neck. Does she? Got to get one of those guns around here. So check out, check them all. Yeah, I'm intrigued about that gun because what he was saying to me was that he said chemically, they're identical. So I'm not sure what the gun's doing to identify it being a... They find the flaw, right? Because natural diamonds have flaws. So if it's natural, there's going to be a flaw. It's inevitable. You can't see it, but you can see it under like a magnifying glass or whatever. Well, I saw the certificate of this lab grown diamond and it had flaws in it as well. Oh, wow. Yeah, they artificially create the... Yeah, Chris, did you verify that there was a flaw? That's a valid point. I mean, I did trust. I didn't verify. So I stand called out. Yeah, a lot of Bitcoiners are pretty hesitant to separate with their sats. But I think a white is a good investment. That's when you know you got a keeper. Like I was going to buy you a diamond ring, babe, but instead I stacked into cold storage for us. For us. Sam, you might have something there. A ring that's a self -custody hard wallet. You might be something there, dude. I'm actually seeing... I remember in 2017, I saw rings and watches with like little tiny QR codes in them. I don't know if it's a good idea to have a lot of your Bitcoin on a ring or I saw another person with one in a necklace. So there are like things like that. It's not great security. It reminds me of how like in India and stuff, they wear their gold. You know, they keep it around their neck and wrists just because it's the safest place to be. I mean, I guess if it's just a receiving address, you know, I mean, somebody could hold me down and track it down and figure out and whatever. But I mean, you know, that could be your diamond ring. You know, instead of the diamond up there at the crown, throw a QR code up there. Just be like, babe, you're going to be stacking. We're going to stack for the rest of our lives together now. We're going on a stacking journey together. How do you carry across the border more than $10 ,000 in value without having to report it? You wear it. Or Bitcoin. I have friends who move tens of millions of dollars or millions of dollars of their net worth, like 90, I don't know, 98 % plus of their total net worth to leave China, leave South Africa, come to the U .S. and never go back. And at the time, at least, they were too dumb to stop them or even question them. We just left, one -way ticket. Yeah, the fact that Bitcoin is digital and that anybody can escape like an authoritarian regime or war with some of their wealth, you know, that's when you think about like the ESG narrative and even like KPMG report talked about the S and how that characteristic of Bitcoin really helped people in really tough situations and think about how else they would do that and kind of realize that like Bitcoin is a solution there to a problem. And BlackRock and State Street are closing up ESG funds as we speak, which is, I think, a positive development. Yeah, I kind of reject that entire framing. I think it's led to a lot of misallocation of capital and kind of influencing boardrooms about how they invest their capital kind of impeding free markets. Yeah, ESG is a control scheme. I mean, we've seen that, but what are you talking about about BlackRock shutting down ESG funds? I don't know about that. Yeah, BlackRock and State Street have just been closing ESG funds in 2023, kind of shutting them up. And that's a reversal of the trend over the last couple of years. And BlackRock, Larry Fink, I mean, in the early 2010s kind of spearheaded a lot of these efforts, really gung ho about ESG. The last couple of years, they've seen a ton of pushback. And now we're kind of seeing them close up ESG funds. And I feel like we're seeing a shift in sentiment around the entire movement because I think people are realizing that like, A, some of these goals are completely untenable. And then secondly, you're hurting the poorest countries amongst us, like the developing nations, by preventing them from accessing cheap energy sources. And you're really making us weaker and less resilient by shutting down oil, gas, and fossil fuels. And so you're seeing a ton of pushback on it. And so BlackRock and State Street are starting to shut down ESG funds. It's just kind of like a flag post in my mind of this ESG narrative that was so, so strong the last decade. I don't know if anyone else has opinions there, but... Yeah, the only thing I have to say is I feel like Larry Fink kind of jumped on the bandwagon somewhat later after the ESG narrative got a lot of traction. Then he kind of added fuel to the fire, which is a huge name and was very outspoken. My point is he's added fuel to the fire. He didn't start the fire, but he kind of... So he's a politician ultimately, right? Like he's very political, even though he knows finance. To a manage massive fund that manages, I don't know, $9 .6 trillion or whatever, you have to be political and you have to read the tea leaf, so to speak. And yeah, react to the times. I think the exception would be somebody like Vanguard that might do a lot less in terms of ESG or jumping on the latest trendy whatever, because they're so focused on index funds and they're member -owned. This was not an ad for Vanguard, but... I just remember Larry Fink writing... And I just remember it made a lot of waves and kind of definitely added fuel to the fire, like I said, Terrence. So they shut down two dozen ESG funds this year, just to give some stats there. Yeah, I wish I could say like, you know, oh, maybe they really are being orange -filled and whatever, whatever. But it's probably like you said before, I mean, like ESG stuff, it's untenable over time and you get to a point, it probably just isn't profitable. I don't know than any of this, any of what I'm talking about, but just I'm just going off a gut, like the ESG stuff is unprofitable because the economics don't work. We've talked about that. You can look at the windmills and the solar panels as perfect examples of that. But I mean, just the overall thing, there's a good book, I've talked about it before, called The Prize. And it talks about the control of energy on the planet and how there are groups that seek to control other groups through the narrative of controlling what type of energy you're using, what is acceptable energy use, all of this stuff. But in the end, if you're going to try to make like, you know, bets and gambles off of this stuff, like you're going to have to pull your rug early because it's not, at some point, the economics don't work. Well, not to mention too, you know, it's the trend of like having an ESG report for a company. I want to see some of these companies that are like, you know, Nike's ESG report, which I don't know the details, you know, but you know, there's some low wage labor being done. And then, you know, you got this shiny ESG report that's like, you know, sustainability, we've done this and ethically, we've done this. And also, you know, behind the curtain, we've got this going on too. Yeah, I mean, it trickles all the way down, even now, like in web design, web development, like if you want your website to rank well on Google and whatever, then, you know, you have to build your site, you have to have that in your mind while you're building your site. You have to make sure that it's going to be well received by Googlebot and, you know, all these other stuff. And one of the things that they've been pushing is how ESG friendly is your website? Like your, the processes that it runs and, you know, are you doing it correctly and coding it correct? There's more than one way to code. And, you know, it's like, man, okay, I understand the idea, like, make your website work more efficiently. Like, of course, duh, like, that's what we're doing. But Google of all people to tell me about energy use of a web platform? Come on. Yeah, Chrome is pretty bad. Yeah, go ahead. I was orange peeling and no, I was I was just like at insurance, kind of talking to them about Bitcoin. And it was a bunch of claims professionals and lawyers. They were very like, you know, obviously, these are like super risk adverse cohort of investors. And so we were there just like talking Bitcoin as like the weird Bitcoiners at this conference. But I found out that 90 % of them take into account ESG when they're thinking about investments today. And that's in the most recent Goldman survey. So 90 % of insurers consider ESG when making capital allocations today. And at the same time, their number one worry in that survey was inflation. And so it's one of those things where I don't want to give credence to the framework. But it's so ingrained in some of these like traditional capital allocators minds that maybe just by playing into it and saying like, well, here's how Bitcoin is actually, you know, quote unquote, ESG and just kind of like Trojan horse in it through their their silly framework is the strategy that I took. And it kind of kind of went well. I kind of like said, like, although I reject this entire framing, here's why Bitcoin actually kind of achieves your goals. That's kind of the tactic that I took.
Rollye James
Fresh update on "larry" discussed on Rollye James
"It happens at next midway scheduled news at here on WGN 30 radio and i'm raleigh hi james with Larry another Elder hour here of I monday never night trivia really starting thought much in moments about how life aches just and pains a can few reduce years ago a using person's the quality stairs of life was difficult until because pain of the started back pain keeping then me from i found living relief my best factor a 100 % drug -free solution for aches and pains within a week I was on my way back to being pain help your -free body now fight the i inflammation have my that life causes back joint i and take muscle relief pain and factor the other every aches single and pains that day come relief with everyday factor life can help treat join me yourself and to more feeling than a better half a move million others more get live started more today and with just your enjoy three your week life more quick start with for relief only factor $18 about .95 70 % go on to order more because it works for them go to relieffactor . .com com to order zoe now that hoker relief is a factor welder . who com practices feel his craft the in difference the metaverse with relief with factor forge relieffactor zoe hoker is a welder who practices his craft in my the metaverse skills with and access forge to zoe opportunity hoker through tulsa welding school zoe and other welders can use forge these are zoe the ways is skilled a professionals are hoker using the metaverse today learn more at meta .com is a
Crypto Altruism Podcast
A highlight from The Web3 Nonprofit Episode 3 - Black Women Blockchain Council
"We feel that as we're building this ecosystem, there's a need for so many different hands to be involved so that we can build it the right way. I see blockchain as a revolution. I see it as an opportunity to rewrite the wrongs of the past, or at least try to start with a fresh start and create opportunities for everyone and not just a select few in tech. Hi there, welcome to the Web3 Nonprofit, a special 10 -part crypto -ultrism podcast series exploring stories of nonprofits who are leveraging Web3 technology for good. My name is Drew from Crypto -ultrism .org. In this series, we will chat about the highs and lows of being a nonprofit in the world of Web3 and how organizations of all sizes can leverage this transformative technology to grow their impact. So let's dive right in. Welcome, welcome to the third episode of our new very special 10 -part podcast series. In each episode, we will be highlighting a different nonprofit organization that is innovating with Web3 technology. Now before we dive in and welcome our guest, I want to give a special shout out and thanks to Endowment for their partnership in helping bring this to life. So before we get started, I wanted to share a special message from their team. Hey, it's day. So as you know, Endowment lets you gift over a million US nonprofits and thousands more globally and you probably want to support a lot of them. You might be like, I want to support five different organizations. Does that mean I'm going to get five different tax receipts and have to bring them all to my accountant? And I've got something that I think can help. It's called a donor advised fund. You might hear it sometimes called a DAF. Think about it as your personal giving account where you can make one donation and get one tax receipt. Oftentimes you can write off the full amount and then take your time. You can grant to those five orgs, 10 orgs, however many you want all from one place. And because Endowment funds are all on chain, they're faster than traditional DAFs, they're way more affordable and they're transparent. You can follow the money all the way to its destination. So if you're ready to simplify your giving life, go to app .endowment .org and click the start of fund button. And now a word from Larry at the lawyer box. Endowment does not give financial advice that is a job for a licensed tax professional. I love that. Definitely head over to endowment .org that's E -N -D -A -O -M -E -N -T .org to learn about their incredible work. Okay, now the moment we've all been waiting for. For the third episode, we're excited to highlight the work of Black Woman Blockchain Council. An organization incredible with a mission to create a safe space that inspires, trains and activates a talent and economic pipeline of Black women pursuing professional and entrepreneurial careers in blockchain and fintech, including inspiring and educating the next generation of diverse and inclusive blockchain leaders. Today, we welcome to the podcast, Olayinka O 'Danneran, founder and chairwoman of Black Woman Blockchain Council. So let's dive right in. Okay, Olayinka, thank you so much for being here today on the Web3 nonprofit podcast. So excited to have you. Thank you very much, Drew, for having me. I'm excited to be here with you as well. Yeah, yeah, for sure. And, you know, really excited to learn about the fantastic work you're doing with Black Woman Blockchain Council. I've been following it for a while now. You're really doing some really great stuff to just build up, you know, inclusion and to make sure that it's a really positive space to build in. And so to start things off, I'd love to hear your story of how did you end up working in the nonprofit sector? Well, I have to go back a journey to how did I even get involved in the whole blockchain space, right? Yeah, yeah, for sure. So it was around 2015, I wanted to do a startup and I met up with a guy that I had reached out to simply because his name was in a magazine that I was reading about a local startup and she had referenced his name, so I was like, okay, he must be a great person to reach out to. I ended up reaching out to him. We met in D .C. and he was talking about Bitcoin and every time that we met, he kept talking about it. So it piqued my curiosity and I started going down the rabbit hole and fell in love with the technology more than the cryptocurrency and actually got myself involved in the ecosystem as an educator through Black Women Blockchain Council since 2018. That's been going as a benefit LLC, but more for for profit. We really wanted to build a lot more programs in this space to provide access and resources to the black community, especially black women in this space and young girls as well. And so we figured going the nonprofit route would make sense for us to be able to tap into our networks and get them to feel incentivized to donate money so that we can bring a lot more of our programs to life. And that's really how I got involved in 2021. We started Black Women in Blockchain and since then, it's been a great journey that we've been going through. We've had several great sponsors and donors of our effort and brought forth some programs and we're looking to bring forth some more. Definitely. And I'm excited to learn more about those programs, including the training and mentorship and stuff that you offer. I think that's so important and I'm really excited to hear about that. So maybe to start things off, can you please just like at a higher level, introduce listeners to Black Women Blockchain Council, including your mission and impacts? Yeah, so Black Women Blockchain Council, we're here to provide education and awareness about the blockchain technology. Our goal is to make sure that no one gets left behind in this ecosystem that we're building and that there's plenty of resources that are presented to the Black community as well as underrepresented communities within the space. So that way we can continue to grow and really create solutions that can be social impactful. I love that. And I want to dive now a bit more into your programs and on your website, you mentioned how your organization is committed to empowering Black women through comprehensive training, mentorship, networking opportunities, and visibility programs, which is great. Love that, super important. So tell me about the programs you offer. Tell me more about this. Yeah, so we have educational programs. We have a two -track certification program that we created with ConsenSys, which is part of the Ethereum Foundation. They're a huge organization out there and they're really diving in into helping a lot more people get involved in the blockchain ecosystem, in particular, the Ethereum blockchain ecosystem that they're working under. And so with them, we've been able to create these certified programs to allow individuals to one, understand the foundation of blockchain, two, dive deeper into the realms of being a developer. In this space, there's still a lot more people that are just understanding the basics, but not really understanding how to create the technology or build the technical code, I should say, the technology, right? So we want to make sure that women in particular have access to that. And our goal is to bring on board half a million Black women blockchain devs. And that's an ambitious goal by the year 2030. We feel that, you know, as we're building this ecosystem, there's a need for so many different hands to be involved so that we can build it the right way, right? I see blockchain as a revolution. I see it as an opportunity to rewrite the wrongs of the past, or at least try to start with a fresh start and create opportunities for everyone and not just a select few in tech. I love that. And, you know, that's something I've heard consistently when I've spoke with builders, you know, especially builders from communities have been like traditionally excluded from like traditional tech circles and those sorts of things is that like, it's almost like this feeling of like it's wet cement, you know, we can just kind of build from the ground level, have a say in the development of this new ecosystem and learn from the mistakes of web one and web two and build from that and build a more equitable ecosystem. So really appreciate the work that you're doing. I think that's fantastic. So let's say that there's someone listening right now that wants to get involved in that course or take part in the certificate program. How would they go about doing that? Yeah, they can go to our website, bwbc .io and click on BWBC Academy. That will take them directly to our LMS learning management system that we've created specifically for this course and also for individuals to interact with others who are taking the course. They can do it that way. Or they can go to community .bwbc .io forward slash sign up and they'll be able to quickly sign up for the course that way, too. Very cool. I love that. And so you mentioned earlier that you're a public benefit LLC, a nonprofit benefit LLC. Tell me more about the structure in the community behind the organization, because I'm you know, I'm not as familiar with this this type of structure. So tell me more about this and why you chose this. Yeah, because, well, the the it really starts with what the intention of the organization was. When I came into the scene around 2015, not a lot of people were talking about blockchain. And, you know, it was it was a tech space for tech bros. Right. And so you you got surrounded by that. And but then at the same time, you saw opportunities around 2018. There was a huge uproar about a Bitcoin conference and that created avenues for women to really stake their feet into the space and let it be known that there are women in here. I started seeing opportunities being passed around and my fear was that we were in the verge of recreating Silicon Valley in the sense that only a certain group of people were known as the builders of tech. Right. And so I didn't want to repeat what I feel was a mistake. I saw it as a way for us to be able to create an avenue, as I mentioned before. So with BWBC, the intention was really to go into it, creating an opportunity to be impactful into the ecosystem that's being built, as well as the black community. So our intentions wasn't really to generate money, but really create avenues that allow people to to gain the sources, gain awareness. And so the benefit aspect is really what drove that. And so we wanted to make it clear to people that we're not just a fly by night. We really want to have intentional, beneficial programs for the community to get involved. And that's where Benefit LLC came from. Yeah, that's amazing. That's really cool. And, you know, you'd mentioned around, you know, a woman building in Web3 and blockchain. You have a really beautiful piece of artwork in the background there that says the future is female. Love that. That's beautiful. So, you know, what advice, I guess, would you give to two women that are looking to build in the Web3 ecosystem that are maybe hesitant because of this perception of like, you know, that it is maybe reality to some extent, too, that it is, you know, just a tech bro dominated space. What would you say? What advice would you give? I would tell them not to consider it that way. I would tell them that there's a lot of women in this space. One of the things that I've been privileged to have in this space is surround myself by women left, right, front, back, you know, and they're everywhere. So I don't know that type of tech space where there's no women. I know the tech space where there are women because I've been fortunate to be surrounded by them. And I want to let other females know that we're out here. We may not be as vocal. We may not be the one that are pushed to the front, but we're the one that's building. We're the one that's educating. We're the one that's creating community because, you know, you can't have blockchain without community. And Web3 is solely based on community. And the people that are actually taking the time to build that foundation to make it sustainable are the women. And so there's a lot of us here and we're coming from various backgrounds. You could be tech adjacent. And when I say tech adjacent, you know, attorneys are needed more than ever in this space. As educators like myself that are in this space, you know, we have a lot of hackers going on. So if you're in cybersecurity, you're needed in this space. Policymakers are needed. So like these are avenues that women tend to, you know, gravitate towards. But for some reason, they feel that they can't be in tech. Yes, you can be in tech. There's a lot of opportunities and positions for you. And I would say don't let the fear stop you because you just may end up realizing that you love it and you love being here and this is where you need to be. Because right now we're still in the build phase. And so we want you we want all voices to be added to how the structure is being built and what type of foundation so that it can be sustainable. We have so many different, you know, negativity that are coming our way that we're trying to build something sustainable and impactful to society. And women are important in that. Yeah, definitely. And I think, you know, what you said there, too, really stood out to me around, like you don't have to be, you know, a developer, a coder. Right. And I knew that like a lot of people have this perception that you need to have a computer science degree or background and be some super coder to be able to engage and be successful in this new ecosystem. But I think you're 100 percent spot on that, like anyone, no matter what your background can find a place in Web3. Right. If you're a lawyer, an artist, an accountant, you know, a creative. Right. There's just so many opportunities in this space for you to join it and to have an impact, which is great. So I'd love to shift now, if that's OK, a little bit, you know, because you mentioned earlier that you've done some fundraising in the space to be able to raise funds to help get this off the ground. I'd love to hear about your experience fundraising with crypto and, you know, what advice you'd have for other nonprofits, whether it's, you know, a benefit LLC or a charitable organization that are interested in engaging in crypto fundraising. Yes, so for me, it was easier to transfer into fundraising through crypto because I'm in this space, I know how it is. I've been able to meet individuals like Alexis Miller, who works with Endowment, that was able to bring us on board to their platform, which made the exchange from, you know, crypto to US dollar really easy. So I suggest that, you know, this is not a plug, but it kind of sounds like it. You know, Endowment was a lifesaver. The fact that they had such a platform in place really was helpful. But, you know, it's it's just it's just preparing yourself for the future. Right. As a nonprofit, we got to think of avenues, different ways of, you know, fundraising and different ways that people are going to show up with their funds. There's a lot of people that, you know, a couple of years ago made a lot of money in crypto, knowing the IRS is now looking at that and they're thinking, you know, long term capital gains or, you know, taxes, the word taxes is now introduced into this space. A lot of people are looking to actually, you know, find ways to assist them in being deducting their taxes. But I want to say that they're looking for ways to donate, you know, to a really good program or something that's social impactful. So, you know, this is an avenue that a lot of nonprofits are missing out on because they're not looking at crypto. I think it's it's it's just being more sustainable in this space, you know, to be able to take different resources and different funds as a nonprofit and as a new nonprofit. You know, we we can't afford to be closed minded to the way the funds are coming. Any opportunity for us, we're going to research it. We're going to look at it and see if it's viable for us. And it just so happened that crypto was something that we definitely were able to receive. Yeah, definitely. And Love Endowment as well. Huge fan of the work they're doing. Excellent platform. And Alexis, I think it was actually who connected us as well. So shout out to Alexis. Thank you for the work you're doing. But yeah, that's great advice. And I think that, you know, like nonprofits, a lot of nonprofits that I've worked with are struggling to kind of like keep afloat and keep up with all the tech advances and everything and, you know, really relying on kind of their traditional donor base and everything. But that donor base is also really, you know, aging out as well. And, you know, they're really struggling to, I think, attract new donor bases. I think what you said around like it's a great way to like future proof and like, you know, I think, yeah, definitely spot on. And, you know, I think fundraising, too, is just one piece of the puzzle, right? When it comes to the benefits of blockchain and crypto. And so I was wondering, like, you know, beyond fundraising, what are some of the ways that other impact organizations like Charities, B Corps, whatever it is, can leverage blockchain technology to grow their impact? Yeah, I mean, like NFTs, non fungible tokens, right? A lot of people have heard of NFTs, you know, a couple of years ago when people were making ridiculous amount of money, all for what they deemed to be PFPs or profile pictures. Right. But these NFTs can also be a way to incentivize your donors by giving them something, an NFT, an artwork that are either created by the people that were impacted by that donation, by the program that, you know, a symbolism of, you know, a thank you for helping us obtain our goal. I think a lot of people will find value in using NFTs in a way that will be more commemorative of actions that donors have done. And yeah, and it could also be a way to make it fun for especially the younger generation, because they're all into NFTs. So, you know, imagine if a sponsor or sorry, a donor, imagine if a donor decides to present you with some crypto currencies, right? And you send them an NFT just simply as a thank you. That's really impactful for them. And also they will keep it within their portfolio or their gallery. And others can see that NFT. And once they see the NFT has your name, it's another way of marketing, you know, that's nonprofit. So if someone sees it, they can click on it, see the name and then decide to research it, look into what you guys are doing and consider donating that way. So it's it's an ongoing gifting platform or avenue or vehicle that you can use. Yeah, definitely. I know and I think NFTs are so fascinating because a lot of people like look at them and NFTs are just no JPEGs and whatnot. But I think that there's such a cool opportunity there for like nonprofits to use them to engage donors, like you mentioned, right. You know, to recognize and reward them. It can be like a really cool like badge of like a proof of impact. Right. Proof of impact, yeah. Yeah. I've also seen like dynamic NFTs where, you know, it can be updated, you know, as you donate more. So like there's some really creative use cases there. And you're right, too. It can also be a way for the nonprofit to tell a story or to raise awareness of the work they're doing, too. So, yeah, I think that nonprofits should definitely not be so quick to discount NFTs. I think they can be a very valuable tool for them in their in their yeah, in their growth. So, you know, obviously, a lot of nonprofit leaders are skeptical about Web3 and many rightfully so as well. Right. You know, there's been a lot of unfortunately bad actors that I think have kind of tainted the space a bit, you know, which has resulted in a lot of negative coverage, that it's a lot of scams and, you know, bad actors and those sorts of things. So nonprofit leaders are skeptical. So for those that are skeptical to get involved in this new and emerging space, what advice would you give to them? Oh, if you're skeptical, I would say, you know, read up on the technology. Right. Because I did come in being skeptical of crypto, one aspect of, you know, the technology and decided to read up and started seeing, oh, there's so many different possibilities in this space. You know, my background is also in cybersecurity, so I know about hackers and vulnerabilities and all that stuff. And I want to say that just to say that, you know, the breaches and incidents that do happen in this space is not only isolated to this space, it happens elsewhere as well. It happens with fiat, you know, US dollars as well, you know, so you're not really going to prevent all kinds of, you know, vulnerabilities. But however, that should not be the reasons why you decide to stay away. Another thing is, you know, regardless of the things that are happening when it comes to the vulnerabilities and the threats and incidents, so many different industries are already incorporating, you know, the different type of use cases. We have Visa, you know, that just stepped up, you know, their game again. They issued NFTs, now they're doing, you know, USDs, you know, stable coins. And so, you know, there's a lot of people that are slowly changing and things are changing around you, you know, you don't want that negativity to stop your progress into what the future is going to be. And the future is coming. The future is tech, you know, and it's female, but, you know, the future is tech, you know, and it's important for nonprofits to stay up to date. Every single time when people ask me, you know, about why should people be concerned about, you know, crypto or not using crypto, I always think of Blockbuster, right? They were a well -known company when I was younger, you know, used to be able to go to their store, rent out videos and all that stuff. And everybody thought that they were going to be here forever. All of a sudden they're gone, right? They're replaced. And the younger generation have no idea who they are only because they didn't change with time. So as nonprofits, we have to change with time. We have to be kind of one step ahead, you know, wear multiple hats. And I hate to say it, but kind of experimental, you know, in our approaches, in our marketing and in everything, right? Because if we get to the space where we're just stagnant and say, this is the only way that we're going to receive, we're going to be left in the dust. So you do have to conform to tech. You know, even A .I., nonprofits can't be close minded to A .I. is very helpful to a lot of people. The same thing with blockchain technology. You have to be open minded to it. Yeah, definitely. Wow. Great advice. Thank you so much for sharing that. Yeah, I think, you know, it's the future, right? And to stay afloat, to stay relevant, to stay impactful in the future, you got to, you know, stay up to date with these new technological trends and movements. So, yeah, that's some great advice there and great advice all around, some great insights. I appreciate everything you've shared and obviously weren't able to cover everything about the work you're doing. So for those that are listening and that want to learn more and get involved and support the work that you're doing, what's the best way for them to do that? Yeah, so you can go to BWINB .org, which is Black Women in Blockchain, and find out more about us. We are doing a fundraiser right now. And, you know, you can check out our fundraiser. Our goal is to raise money for programs that we want to implement. One of them is a mentorship program for the younger generation, high schools and college students. It's an 18 week course that we're trying to launch. And this 18 week course will allow these younger generations of females to be able to tap into careers in the blockchain space because there's several different careers and give them access to mentors within these different careers so that they can have the opportunity to maybe transition or look into the possibility of transitioning into these wonderful, lucrative careers that are happening in the blockchain space. And there's plenty of them. It's not just developers. You have influencers. As I said, you have regulators, policymakers, lawyers, attorneys, educators, so many different positions and roles. Yeah, definitely. Thank you for sharing that. And of course, those listening in, all the links will be in the show notes so you can follow along and get involved in this incredible movement. And to end on one final note of inspiration, if that's OK, I'd love to hear a recent success story or win that you've had at a Black Women Blockchain Council that you can share with the audience. Yeah, a recent success story was our ability to provide a fellowship program to college students to attend one of our conferences that happened earlier this year. It was the Women of Blockchain, the International Women of Blockchain Conference, which is an annual conference that we put together. It gives you access to different women in this space. As I mentioned, there's a lot of us. And you get to hear from them and what they're building, how they're showing up in this space. And it's a three day conference. So we were able to provide free room at the hotel as well as their travel expenses. And that's something that a lot of conferences don't oftentimes do. They will lower the price for scholar students. But I remember being a college student, you know, I remember not having the resources, but I want to attend. And so we made sure that they were that they had the opportunity to attend for free without having to worry about how they're going to come up with the money and gave them access to a lot of networking. And to this day, a lot of them are finding success in this space. So I'm really excited about that and the potential of what's to come for them. Yeah, totally. That's amazing. I love that. What a great opportunity for those for the scholars to be able to join that conference. And yeah, I think back as a student, I would have never been able to afford to and transportation hotel and, you know, all that stuff to go to a conference. Right. So that's so important and so inspiring for those individuals that we were able to go. So thank you so much for all you do to uplift and build in this space. And thank you for sharing all the fantastic advice you have today for those listening and definitely check out the show notes to follow along. Hopefully you can also support this movement because they're doing a fundraiser right now. So thank you so much for being here, Olga. It was a pleasure to have you. And thank you for the work you're doing. Thank you, Drew. Thank you very much for having me. A huge thank you to Olga for joining us today on the Web3 nonprofit podcast. Make sure to check out the show notes so you can learn more about their work and consider making a donation to this incredible organization. They're actually running a fundraising campaign right as we speak. A big thank you again to Endowment for their partnership in this podcast series. We couldn't have done it without them. So thanks for listening in and make sure to join us again in a couple of weeks for next episode. Also, feel free to head over to cryptoautism .org to learn more about our work and feel free to shoot us a message if you'd like to chat. Until next time, let's keep showing the world the good of crypto.
Mark Levin
Fresh update on "larry" discussed on Mark Levin
"Three eight one thirty eight eleven let me go to larry in augusta georgia i'm just jealous every time i hear augusta is a golfer that just makes my day larry i hope you played it if you haven't you got to sneak on there take your chances how are you sir i'm still watching but uh never actually played the course a local talk show guy named austin rose he gets to play it every year but anyway i was going to reiterate people talking not about our national debt and right now they're debating the budget okay larry i got a bad connection with you hold on i'm going to try to come back to you okay let me go to david in new jersey you're on the hello thank you for taking my call as someone who's been voting since nineteen ninety five republicans and someone who enlisted because of september eleventh i need for every american citizen who's listening to let the republican party leaders should know whether it's a whole bottle or the guy living in the one bedroom suite with frank lutz the lease is taking also he's busy the republican party leadership including mittens romney's niece are not doing up finger to help our republic they have got to do something to control the southern border and by the way they may want to cut the spending so the check -in down flat as a former navy sailor i take it the utmost ridiculous nature that the republican party leadership is serious about anything are they even going to cut funding for npr kevin mccarthy will you cut funding p are you little spine coward thank you for taking my call god bless america is david thanks good to talk to you one eight seven seven three eight one thirty eight eleven one eight seven seven three eight one thirty eleven ben ferguson filling in for the great one don't forget grab my podcast i love to keep up with you guys during the week down with the ben ferguson podcast and we'll stay in touch that way more coming up month on on seventy seven w abc have you been waiting to buy gold as an investment lots of commercials out there but who can you really trust i didn't want to make a bad investment but didn't want to miss the boat either sound familiar fortunately i've got great news if you have an ira or 401k and and want to buy physical gold to diversify your investment eliminate fear and uncertainty from the process get the new gold ira company integrity checklist it helps you evaluate and choose the best gold ira company to get your free company integrity checklist today text levin to six eight five nine two that's l -e -v -i -n to to six eight five nine two now i trust augusta precious metals and invested myself use this checklist to choose the best gold ira company for yourself and see if you agree to get your free gold ira company integrity checklist today text levin to six eight five nine two again text levin to six nine eight five two text data message rates may apply performance varies consult your financial professionals before making investment decisions and get risk disclosures 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The Eric Metaxas Show
A highlight from Larry Taunton
"Folks, welcome to the Eric Metaxas show, sponsored by Legacy Precious Metals. There's never been a better time to invest in precious metals. Visit legacy PM investments dot com. That's legacy PM investments dot com. Hey, you have you checked your bucket list lately? Are you ready to take care of item number seven? Listening to the Eric Metaxas show? Well, welcome. Tune in and then move on to item number eight. Skydiving with Chuck Schumer and AOC. Here now is Mr. Completed my bucket list at age 12. Eric Metaxas. Hey there, folks, welcome to the program. Today is Tuesday, September 19th. Exciting stuff. First of all, in a moment, we're going to talk about John Fetterman's clothing choices and how the world is going to hell at the speed of light. That's number one. Number two, we're going to talk to our friend Larry Taunton about everything else in the world and how things are going to hell at the speed of light. Larry Taunton, of course, dear friend. So he's my guest in our one in our two. We talked to another friend, Rosaria Butterfield. She has a book out. I have a copy here. Five lies of our anti -Christian age. She is amazing. We're going to have an hour with her today. That's our two. And then I'm going to get another hour with her, which will play another time because she's just extraordinary. So lots more to say on many other subjects. Tonight, we have a special Socrates in the city patrons dinner here in New York City. I want to talk about that another time. We're launching some very exciting Socrates initiatives, brand new, exciting. But so that's that's the setup. But we have our fashion expert, O .W. Root. He's a fashion blogger, culture critic. O .W. Root, welcome back. Thanks for having me. OK, what do we make of the unbelievably slovenly John Fetterman, who is somehow a United States senator dressing the way he does and not just that, but the headline is somehow maybe you know more about this than I do. The Senate, in a nod to the devil in hell, has said we're going to relax our clothing standards and we're going to let you wear a hoodie in the Senate. It's like we're making this up. What do you think of the situation? There's two things that come to mind when I think about this. First is the unbelievable hubris that exists in Fetterman. I mean, think of the hubris that it takes to serve as a senator in the United States of America, the most powerful empire on Earth, and essentially refuse to meet the basic standards of decorum and then force essentially a tyranny of the unreasonable, force them to relax their standards just for you. Think of the level of selfish hubris that exists there. And next, when we see this, it is a physical representation of the degeneration that we see everywhere. Our clothes reflect civilization and they reflect the health of our civilization. What the does clothing of John Fetterman again? Not some random guy on the street. He's a senator, United States of America, most powerful empire on Earth. And this is what he wears. And this is what they have changed the rules to allow. It is a sign of degeneration. Do we know why they changed the rules? I mean, the whole thing, I guess I haven't looked into it. So I'm not I'm not really clear on why they did that. Well, I know this. I believe that there is a rule that you can't vote unless you are wearing a suit. And he would vote from the corridor or something. Yeah, believe it or not. So he would sort of stick his head in and vote. So this is something like a high schooler. This was something a high schooler would do. You know, someone is like, I'm here, I'm here for class. Right now. And maybe they changed it for that reason. Maybe this reflects a bigger trend, honestly, toward the generation and collapse, because you've seen the adoption of tennis shoes. You've seen some of these senators that are pushing for sneakers to be allowed. Have you I don't know if you've seen these news articles, but there are more senators and politicians who are they've had these articles written about how great sneakers are and how we need to bring them into. The government. Yeah, yeah. I'm sure George Washington, if he could have would have worn would have worn sneakers, it's obvious that he would have worn red, you know, high tops, canvas high tops. No. Now, what's interesting to me about this? And by the way, people want to find you. They can go to necktie salvage dot com o w route at necktie salvage dot com. But we're talking about bigger issues, obviously. It's not about what one wears as much as what does it mean? What is what does it mean when a building is ugly? You know, is that just a architecture thing or does it touch the soul one way or the other? You could talk about brutalist architecture and how it seems to make us feel small and insignificant. There's other architecture. You look at it. It ennobles you. It inspires you. It's beautiful. Clothing is the is the same thing. And we talked about this last time you were on that, you know, since the 60s, there's been this it's almost like this kind of false egalitarianism, this idea that, oh, we don't want to make people feel bad who can't afford to dress well. So we're all going to dress like bums in solidarity with them. Now, the irony is that if you look at pictures from the past, every poor person, you see pictures in Harlem. Everybody is wearing a coat and tie, has tremendous dignity and took pride somehow in looking dignified and adult. And that's really what is happening to me. It's always it's a biblical issue in the sense that, you know, the head becomes the tail, the tail becomes the head. You no longer have this this order. In a sense, you have to say like, oh, we want adults to dress like kids because Federman, he's just like a sloppy kid. I mean, kids wouldn't dress like that years ago. But the point is that now it's like, I don't know, he has so much money and has so much white guilt that he wants to dress like what in his mind somebody would wear, you know, in the inner city. I don't know what's going on there, but it's something to do with that. We want to show solidarity with those who don't, you know, have the ability to. In other words, it's it's not logical, but that seems to be what's behind it. Absolutely. And this it reminds you of. Let's bring it back to those pictures you mentioned. You go back to the 30s, 20s, 40s. You could be destitute and you are you see guys wearing a coat tie. And there is a sense of ascendant dignity there. It's lifting up the impoverished, lifting up the common man because clothes represent him in a higher image. So what does it mean now in our decadence and in John Fetterman's decadence in our? We have so much money, he has so much money, and so he chooses to go down, he chooses to bring it down. Like you said, this false egalitarianism and go down and down. And it's not a shock that when you see those old photos, when things were really tough, times were tough, times were hard. But there was this need to reaffirm one's dignity through the difficulties. But for John Fetterman, there are no difficulties. In fact, he has made he's essentially forced the Senate to compromise to him. And so he has no difficulties. And so he doesn't need to reaffirm any dignity because he can dress like child. a And again, my son doesn't even dress like that. My son doesn't wear hoodies. My son doesn't wear a graphic T -shirts he wears. If I had a son who dressed like that, I'd put a beating on him. No, it's kind of it's kind of interesting. It's very interesting. It's a larger conversation. We don't have time right now, but we have to have it. But because I know that there are probably many men listening to this program right now who say, well, you know, Eric O .W., I don't know, I don't know. I don't like to I don't like to get dressed up. I don't like to I get that. Now, there's there's a there's another conversation there about the whole thing, because I really think what's happened is this used to be so normal that you didn't really have to think about it. Everybody had a certain kind of clothing. You just put it on like a uniform. You didn't have to think of it. I kind of have that. You know, I kind of a couple of jackets. It's not like I got to go, oh, what am I going to do? What? And I think that's part of what's happened is that we have we we no longer know how to dress. We don't know what is the formula. What is the it used to be a basic thing. Kids, young boys would wear shorts, not long pants. At a certain age, you dress like a man. You'd wear long pants and a coat and tie. Kind of a basic thing. Policemen wear a uniform. A nurse would wear uniform, doctor or uniform, white, whatever. All of that stuff was part of the culture. It's gone out of the culture. And now we're sort of confused. And so a lot of people in their confusion, they throw up their hands, they put on a hoodie and they vote in the Senate. We're at a time. Oh, W. Root, thanks for coming on necktie salvage dot com. Coming up, Larry Taunton. And after that, Rosaria Butterfield, folks, don't go away.
Mark Levin
Fresh update on "larry" discussed on Mark Levin
"I i mean thank you so much for that way to clarify all that for us abc news i have to give them some credit i never give them credit unless they deserve it and they deserve it on this one they ran their report this weekend and told the truth for once about how bad the economy is as joe biden's out there telling you i rebuilt the american economy and i vaccinated everybody americans well mainly say they are not feeling good about the economy and that the president is to blame just thirty percent approve of his performance on the economy a career low largely dragged down by pocket book issues for families like food prices that have risen four point three percent since last year our poll showing more than nine in ten americans rating them negatively voters across the country telling abc news they are straight it costs a lot more to buy a loaf of bread these days we're all trying to survive we can't even work two jobs at point this and try to make it i don't think that anybody is really paying attention to the working man all binds economy i rebuilt it by golly i did i rebuilt the whole damn thing and i vaccinate all of you every single one of you i've vaccinated it that's my legacy i'm glad he's talking about it by the way because it will remind people you want to vote for if this is what he's gonna do right if this is this is what you're this is what you want to do but hey got a president that's coherent and his age doesn't matter 21 minutes ago at the white house this is what our president sounded like folks have the audacity to say i cut funding for and my mother i knew that i cut hpd news that's the first thing from the truth then again there you go there's your biden mumbling moment folks i have the it asked me to to say i cut funding for i saw i heard something on one of the uh um on the uh internet i guess we have several internets now because he heard on one of um uh on the internet the on one of the internets that i cut funding for hbc use but that's for the saying from the truth and again a lot on that internet that's the exact quote of united the states of america from from just a few moments ago and and what's for your message the car companies before you go to detroit with it with the auto workers there with joe biden views yelled back at a reporter a couple hours ago stay under the speed limit yeah his not age an is issue folks joanne you're on the marco vent show ben for the great one how are you oh ben i'm ben i'm fine and the woman before me was terrific in telling you that you were you great you went over to join you but i did too i wrote on there i'm the one that just wrote on there that the only thing you're doing wrong you're like a mini levine but the only thing you're doing wrong is you're not saying hello every so often i i work on that i work on that i gotta get approval for copyright reasons there oh you're right you're right it's hysterical i mean my friends we laugh about it all the time i got everybody hooked on mark anyway so now listen i just want to take a quick a couple of quick things because you're running out of time and you're also like mark in that you don't let us in enough we need to get in you need a few more of us in there so we can talk a little bit i'm taking notes coach i'm taking notes all right i'm ready go all right we go it's a great one would say go i'm on your page so you'll be you'll be hearing from me okay thank you listen real quick uh we really have to get over these mumbling bibs if i'm going to call them jelly beans just to be nice the and and including kamala behind him because you know what all i know is right now this is my main point tonight if i say nothing else we are the last doc of the world and and please make no mistake about that i mean please really with him and the only other thing is i would love to have been a fly on the wall last week when ji jian ping and putin had a meeting a private meeting i don't know who heard about it or who didn't but i saw it i read it i heard it i saw it and you know what i would love to have been a fly on that wall because they are laughing their rear ends off right now at us you know there's one thing i will say about you go mentioned back a moment ago should we be laughing i i am worried right now about national security more than i've been in in probably 10 years because of the number of people that are coming across the border right now that have ties to terrorism we're catching people on the terrorist watch now list on a regular basis all right so so understand that's happening i fear that we're going to have a terrorist attack in the not too distant future and we're going to find out for damn sure right afterwards that they came across the open border southern and and anyone by the way that that says to me ben that's absurd no you can't say that that's like that's ridiculous i i don't believe it's ridiculous okay i to want i want to make that clear i do not believe that this is ridiculous at all i think it's reality and it frustrates me because it it two reasons let me say this why it frustrates me because we know it's a threat to our national security having an open border we should have learned our lesson after 9 11 but we've forgotten the lesson of 9 11 we have an administration that makes deals with terrorists like we just did with iran sending them back what was it six billion dollars for five people paying ransom and sending back god knows who of the iranians want back it we pay ransom now for americans this does not make us safer to terrorists who kill american soldiers in iraq and afghanistan on a daily basis that's what iran did the people that are chanting death to america we just gave them six billion dollars back that they had not had access to so that's who you're dealing with and that's the incumbency of this administration but we should know that in that that an open border allows okay an open an open border allows for paris to exploit this country's vulnerabilities and that to me should be an issue i firmly believe that um i i believe that we we really really really really should have a conversation about not just the number of immigrants coming across the border okay we're we're talking about for goodness sakes our terrorists with with terrorists folks with terrorists what the hell is wrong with these people one eight hundred or one eight seven seven three eight one thirty eight eleven let me go to larry in augusta georgia i'm just jealous every time i hear augusta is a golfer that just makes
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1406: Bitcoin Will Hit $4 Million, Rising 100x - Peter Thiel
"In today's show, we'll be discussing Bitcoin Bollinger Bands hitting a key zone as Bitcoin price fights for $27 ,000. In breaking news just in, Bitcoin hash rate hits a new all -time high. Let's go. And quoting Stacey Herbert, Bitcoin is pumping on the news of President Bukele's speech to the UN tonight. Can't wait. We'll also be discussing Bitcoin Adoption Fund launched by Japan's $500 billion Nomura Bank. That's right. The Bitcoin Adoption Fund will have long -only exposure to Bitcoin and be available to institutional investors. We'll also be sharing Sam Bankman, Fried's father, dragged his mother into an FTX US salary dispute. You can't make this stuff up, folks. Also in today's show, Bitcoin gearing up for a post -having parabola, according to crypto analysts. I'll be sharing his very bullish all -time high target. We'll also be discussing crypto asset market cap should explode 5 to 10x during the next bull cycle, according to investor Raoul Pal. I'll also be sharing Peter Thiel's $4 million Bitcoin price prediction, and we'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1406. I'm your host JV. And today is September 19th, 2023. We have lots to cover as usual. Massive shout out to everyone today in the live chat. Please let me know where you're tuning in from. And at the end of the show, I'm going to be reading everyone's comments out loud. Let's kick off today's show with our market watch as we do each and every day, the entire crypto market back in the green with Bitcoin back above $27 ,100 and checking out coinmarketcap .com, the current crypto market cap on the climb at $1 .08 trillion with roughly $27 billion in volume for the past 24 hours, Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .4%. And checking out the top 100 crypto gainers of the past 24 hours, we have TonCoin leading the pack up 5%, trading at $2 .57, followed by GMX up about 5%, trading just under 36 bucks, followed by Conflux up 4%, trading at $0 .12. And checking out the top 100 crypto gainers of the past week, virtually 95 out of the top 100 cryptos are in the green. Some of the top gainers include GMX, GRT, as well as CRV and NEO. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, same as 37 in fear. So there you have it. How many of you are pretty stoked for this most recent pump? And how many of you agree with Stacey Herbert that this pump is due to Bukele's speech scheduled for this evening? Let me know, fam. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. Bitcoin could see fresh upside volatility as the price action and the strength revisits a key level according to a classic metric. In a new post, John Bollinger, creator of the Bollinger Bands volatility indicator, says Bitcoin was positioned for a breakout decision. That's right. After hitting new September highs the day prior, Bitcoin has been challenging resistance levels out of reach since mid -August, according to data from Cointelegraph and TradingView. Now for Bollinger, the signs for Bitcoin are encouraging. Bollinger Bands use a standard deviation around the simple moving average to determine both the likely price ranges and volatility. And as Michael Saylor once said, volatility equals life force. Now, currently Bitcoin is putting in daily candles that touch the upper band. And when this happens, it can signal an imminent reversal back to the center band, or conversely, an inbound fit of upside volatility. Now narrow Bollinger Bands seen on Bitcoin recently lend weight to hopes that the latter scenario will now play out, quitting him here. And then there is the first tag of the upper Bollinger Band. After the new set of controlling bars were established at the lower band, he commented alongside this chart, the question is now, can we walk up to the upper band or is it too early to answer? What are your thoughts, chat? Let me know in the comments below. Now Bollinger characterizes the current mood among seasoned Bitcoin traders and analysts on the short -term timeframes. Despite the strength seen this week, caution abounds as various trend lines previously acting as support remain above the spot price. Now discussing the situation, we had on -chain monitoring resource, material indicators share the following. We have heavy technical resistance overhead at the key moving averages and support at the lower low. It is quite possible that we round trip the range. And with any luck, we'll see a legit test of the RS levels that will give us some clarity on where Bitcoin goes from here before the end of the week. And they also shared here in update number two, as noted earlier, it appears the Bitcoin bulls are gaining some momentum, but things are not always as they seem and goes on to share that sometime after last night's candle and close open, we've seen a new trend precognition signal develop on the daily chart and it seems to be bullish. I mean, we are breaking out. We are above 27 ,000. So let's freaking go. And also more strong foundation on the technicals. You can see Bitcoin hits yet another all -time high, which virtually means the network has never been this strong and this secure. Now I'm pretty stoked to tune into President Bukele's speech to the UN this evening. What do you think he has to share besides? I told you so. Let me know, fam. And again, welcome to everyone just joining us for the live show. Lots to continue to cover. So let's continue breaking it down. Next, let's discuss this adoption fund, which is a pretty big deal coming out of Japan. Let's go check this out. Japan's largest investment bank, Numura's digital asset subsidiary, Laser Digital Asset Management, launched the Bitcoin adoption fund specifically for the institutional investors. Bring it. The official announcement noted the Bitcoin -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Now Numura is a Japanese financial giant with over $500 billion worth of assets, which basically that's half a trillion, baby, offers brokerage services to leading institutional investors. The Bitcoin fund launched by its digital asset arm will now offer investors direct exposure to BTC. The Laser Digital Bitcoin Adoption Fund offers long key exposure to Bitcoin. The financial giant has chosen Kamanu as its regulated custody partner. The Bitcoin fund is a portion of Laser Digital Fund's segregated portfolio company that has been registered as a mutual fund in accordance with the Cayman Islands regulatory authority. Now, Laser Digital Asset Management head Sebastian said the Bitcoin is one of the enablers of this long -lasting transformational change and long -term exposure to Bitcoin offers a solution for the investors to capture this macro trend. Now, the Bitcoin adoption fund might be the first of its kind launched by Numura and the digital asset arm, but the Japanese investment banking giant has been investing in the digital asset ecosystem for quite some time already. In fact, September of last year, the firm launched its digital asset venture capital arm to stay at the forefront of digital innovation. And also won Dubai's virtual asset regulatory authority license to operate in the country. The long -only Bitcoin adoption fund for investors in Japan comes amid a growing discussion around Bitcoin -based investment products from regulated and mainstream financial giants. The United States SEC approved two Bitcoin ETFs, even though there is a delayed decision specifically on the spot. Bitcoin ETFs. What's up with that, Mr. Gensler? Just saying. And apart from the US, Canada and focused investment products over the past couple of years. So there you have it, mass adoption, let's freaking go, especially on the institutional level. How many of you are in Japan? I know we have some in our audience out there. Let me know. And have you ever heard of this company before? Any plans in investing through them? Let me know how you guys feel. And now let's break down the latest. It gets more surprising and shocking every day with what all is going on with Bankman -Fried and FTX. Now his parents are involved. His parents are being sued by FTX. And it's just a nightmare of a mess, to say the least. So let's break down this latest story regarding SBF. Now, Joseph Bankman, the father of the former FTX CEO, Sam Bankman -Fried, complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a September 18 filing with the US Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging that SBF's parents misappropriated millions of dollars through their involvement in the exchange's business. And according to the court documents, Bankman's contract with FTX US should have provided a $200 ,000 annual salary following a leave of absence from the Stanford Law School in December 2021. However, Bankman seemed to express ignorance about the terms of the contract, claiming to both FTX US and his son that he was expecting a $1 million annual salary. What about all that property in the Bahamas, fam? What about all that? Hundreds of millions worth of properties? Just wanted to throw that out there. The complaint states that Bankman was putting Barbara on this, suggesting that SBF's mother may have been able to persuade her son to follow through with the salary change. Things get even more interesting. So according to the complaint, Bankman's influence paid off, with SBF later providing his parents $10 million from Alameda Research. Can you talk about commingling? A 16 .4 million property in the Bahamas, funded by FTX Trading, the ability to expense roughly $90 ,000 to FTX Trading on the island nation in the Bahamas, and options to purchase company stock. Now, when reached out to the legal team representing Bankman and Fried, but did not receive a response at the time, unfortunately, the legal action brought by the debtors was the latest in the bankruptcy case involving FTX and many of its subsidiaries filed in November of last year. Bankman Fried also faces 12 criminal charges to be spread across two trials, starting in October of 2023, which is right around the corner, fam, and March of 2024, right before the halving, scheduled for April of next year. And since the federal judge revoked his bail in August, Bankman Fried has been largely confined to the Metropolitan Detention Center in Brooklyn. Where's Brooklyn at? Before the start of his October trial, then on September 19th, a three -judge panel heard an appeal from SPF's legal team requesting the former FTX CEO to be released from jail in order to prepare for the trial, citing the lack of internet access and first amendment issues. All I got to say is this, I mean, how many people realistically have access to the internet in jail? Why should he? Million dollar question right there. But what are your thoughts, fam? How do you think this is likely to play out? And do you think that Bankman Fried's parents are just as guilty as SPF himself with the commingling and the fraud of going up north of $30 billion, making it the biggest scam in history that we're aware of? Hence why we call him Mini Madoff, because he made off with billions of dollars worth of investors' money, and Gary Gensler and the SEC was protecting him behind closed doors. So it's going to be very interesting to see how all this is likely to play out. Now let's discuss post halving. We all know there is a halving scheduled roughly six months out. We all know post halving, the price action is most likely going to reach a new all -time high and enter price discovery mode. Well, this analyst shares a very intriguing target. So let's break this down, shall we? And welcome to y 'all just joining us. Say hello in that live chat. Let me know where you're tuning in from. I stream live here seven days a week from Puerto Rico. Synonymous analyst Rhett Capital tells his followers on X that Bitcoin can rally above $80 per ,000 coin in the months following next month's event. For the halving, send it. Let's go. The Bitcoin halving cuts the Bitcoin miners' rewards in half, as we all know, expected to take place in April of next year. And while Rhett Capital is a long -term bull on Bitcoin, he notes that it is possible for Bitcoin to continue its downtrend before the halving, putting him here. Hang in there and make the most of any deeper downside in this pre halving period. You won't see the post halving parabola in the outlines here in this chart. It shows you in the yellow, the pre halving period, then in the pink, the post halving resistance, and then in the green, you can see the post halving parabola when we hit those new all -time highs. Now, Rhett notes that Bitcoin may repeat its 2019 bear market cycle when it traded within a triangle pattern before breaking out and starting off the bull market, as he shares here, if Bitcoin continues to form lower highs, could Bitcoin fill the CME, which is the Chicago Mercantile Exchange gap, at $20 ,000 later this year or in early 2024? So it makes a good point. There is currently a gap sitting at that $20 ,000 psychological level. And he continues, if so, the possible path could be consolidation to the apex of the black triangle before finally breaking out to close the halving. And you can see that triangle right here in this chart. Now, looking at the chart, he seemed to suggest that Bitcoin will confirm the triangle breakout in April of 2024, followed by a rally towards his long -term target. Now, let me know your thoughts, chat. How many of you agree that Bitcoin is likely to break out to a new all -time high, entering price discovery mode in 2024, the year of the halving? Let me know. And what are some of your targets? I'd also like to point out that the Stock the Flow model and Plan B, creator of that model, he suggests a $100 to $1 million range price for the King Crypto post halving. We also have some very other bullish predictions, which I cover on a daily basis here on the channel. But I'd love to know your personal prediction. I think we reached the cycle peak personally sometime in 2025, but I think 2024, we enter that price discovery mode. But I'd love to know your thoughts and your opinions in the comments right down below. And now let's break down our next story of the day and discuss the latest from the macro guru, Raoul Pal, who is suggesting that the Bitcoin market cap and crypto market cap as a whole does something between 5 and 10x for this upcoming bull cycle. Now, you do the math. We have a crypto market cap right now. I'm going to ballpark it at a trillion. We have a Bitcoin market cap. I'm going to ballpark it at a half a trillion, which is 500 billion. So hypothetically, if we were to 10x Bitcoin in and of itself, we're talking about a 5 trillion dollar Bitcoin market cap, which would be half the current market cap of gold. Now, with the entire crypto market cap, we can potentially hit 10 trillion. Now, also note, back in November of 2021, when we hit that all time high of 69 ,000 in November of last year, the total crypto market cap was just north of that 3 trillion dollar market cap. So he's so let's break this down and shout out to Raoul Pal. Here we go. Former Goldman Sachs executive Raoul Pal says the next bull cycle can bring an explosion in the market cap of all of the digital assets. That's right. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets, and that can cause the total market cap of crypto to skyrocket as much as 900 % from its current value during the next bull market. Quoting the analysts here, obviously, I think we'll go well through new all time highs. I think the whole ecosystem of crypto will go from 425 million users where we're at today. And I think at the end of this cycle, there'll be a billion users by that kind of use cases in which we have talked about. And let's not forget, we have got central bank digital currencies that are known as CBDCs and stable coins. There is a lot going on still. So if this entire space is going to grow 2 .5 X in the number of users, well, the market cap of the entire space is five or 10 X. Send it. Let's go. Pal also says he is closely watching development of layer two Altcoin projects for new use cases, which could boost the value of their individual market cap, quitting him again. And then let's see how people value layer twos in this. We don't really know how layer twos accrue much value. Do we have to have a massive amount of transactions in which case then you need stuff like Ticketmaster with millions and millions and millions of transactions to drive value to those chains because they batched them and batched them down to Ethereum. So there you have it. And to watch this interview, he did Raul Pal, the macro guru with Altcoin Daily entitled best cryptocurrency investing strategy into 2024. Check the show notes, blow the video in the description and let me know your thoughts on his personal prediction. Do you feel post having that the market cap for the entire crypto market can likely 10 X from the current valuation along with Bitcoin surging 10 X to roughly a five trillion market cap? And hypothetically, if the macro guru is correct, where do you think that would likely take the Bitcoin price? Well, let's run some hypothetical math. Bitcoin was the 10 X from the current price action of 27 ,000. Well, that's $270 ,000 per coin. Take that. And as we all know, Bitcoin rises like that, the entire crypto market cap would go along for the ride, including the altcoin. So please let me know in the chat, fam, which altcoins, if any, are you most bullish on in the crypto market? And what are your thoughts surrounding Raul Pal being so bullish on Solana? A few months back, I read in an interview he shared that 80 % or more of his portfolio was specifically in an altcoin called Solana. So I'd love to know your thoughts. Obviously, he has a high risk tolerance as I look at that particular cryptocurrency to be very risky, especially with all that went in with the venture capitalists and SPF and FTX exchange pumping that particular all. So I'd love to know how you feel regarding all of that. And with that being shared, fam, now let's discuss Peter Thiel and his $4 million price prediction, as well as rumor has it, and I'll be covering this as well, that he dumps most of his Bitcoin position at the top of the market practically 30 days before the crash. So let's break this down because Peter Thiel was actually one of the keynote speakers at the Miami Conference for Bitcoin. And here's what he had to share as I transcribed his speech, and then we'll discuss him reportedly making $1 .8 billion cashing out on his eight -year bet around the time he was touting these all -time high predictions. So here we go. He says, the enemy's list is a list of people who I think are stopping Bitcoin. He says there is a lot of them. They tend to have nameless, faceless bureaucratic perspectives, which of course is one of the ways they hide. He goes on to share, we are going to try to expose them and realize that this is sort of what we have to fight for Bitcoin to go up, 10x or 100x from here. Now, just FYI, to give you some perspective, at the time he made this prediction on stage at the Bitcoin Miami Conference, Bitcoin was trading at roughly $43 ,000 per coin. So you run the math. 43 ,000 times 100x is over $4 million per Bitcoin. So you know that? Let's continue with what he had to share. The central banks are going bankrupt. We are at the end of the fiat money regime. How many of you agree with that statement? I agree there 100%. The first person on the list is Berkshire Hathaway CEO, Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about Bitcoin. One was rat poison and the other, I don't own any and I never will. I also like to point out now since then, Warren Buffett has much indirect exposure to Bitcoin through Bitcoin mining stock companies and etc. So go figure. If you can't beat them, join them, right? And he goes on. He opined, I think the direct in it. Yeah, and I say also Charlie Munger goes along with him. Now, feel further noted that Buffett has a bias and makes him long on fiat money system and money managers who follow the Berkshire Hathaway executives advice will pretend it's complicated to invest into Bitcoin. I think we call that FUD. Fear, uncertainty and doubt. Now expect nothing less from one of the wealthiest people in the fiat money matrix Ponzi scheme. You know what I mean? So just saying. The next person on the list of Bitcoin's enemies is the one and only JP Morgan Chase CEO, Jamie Dimon, or as Max Kaiser calls him, Jamie the tapeworm. They'll put diamonds picture up with the following quote. I don't call them crypto currencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now you guys already know how I feel personally about JP Morgan Chase CEO, Jamie Dimon. So I won't go any deeper there. But anyways, we know he's an enemy of Bitcoin and always has been. The next picture he put up was of the BlackRock CEO, Larry Fink, with the following quote. I see huge opportunities in a digitized crypto blockchain related currency, and that's where I think it is going to go. Now just FYI, Larry Fink is the CEO of the largest asset management firm in the entire world, which owns a large share in virtually all the companies in the S &P 500, and that is BlackRock. They currently have over $10 trillion in assets under management. And for a long time, he was spreading FUD regarding Bitcoin. But guess what? Like I mentioned earlier, if you can't beat them, join them because they just most recently, a few months ago, they submitted their application for a spot Bitcoin ETF, which ultimately means they're going to be introducing this to the institutions which have trillions upon trillions of dollars as there's currently north of $700 trillion in total addressable market, and they want their piece of the Bitcoin pie. So he goes on to share, the PayPal co -founder added that Fink's quote is somewhat representative of the whole genre of Bitcoin attacks that need further context, stating that pro -blockchain is an anti -Bitcoin term, very typically. Feel then brought up the environmental, social, and governance, ESG standards, elaborating the following, the label they have come up with, and perhaps the real enemy is ESG. I think that ESG is just a hate factory. Also like to throw out there, Elon Musk, he stopped taking Bitcoin payments for Tesla, and he says it's because of the FUD regarding this ESG, and we all know it's not more than FUD, and it's already been proven that Bitcoin is more than 50 % clean energy. So the million dollar question, when will the world's supposedly wealthiest man, Elon Musk, when will he start accepting Bitcoin payments again for Tesla? Isn't that a great question, and wouldn't you love to know the answer to that? Maybe you should ask Elon and tag him on X and see what he says. Anyways, feel stressed. You can always ask the question, what's the difference between ESG and the CCP, the Chinese Communist Party? Well, when you think ESG, you should be thinking of CCP per H. Now, he also goes on to share, it is the finance gentocracy that runs the country through whatever silly virtue signaling or hate factory to them, just like ESG, the billionaire concluded. This is what I would call and what you have to think of as a revolutionary youth movement, and we have to just go out from this conference and take over the world. So there you have it, fam. What are your thoughts surrounding Peter Thiel's prediction that we are likely to 100X, and along with his enemies list, as it seems, a lot of the enemies have come around and now have direct exposure to BTC, but it doesn't stop there because around that time he was making this $4 million Bitcoin price prediction. He allegedly dumped most of his position cashing out and with over a billion dollars in profits for his fund. So let's also break this down as this is also very relevant. How many of you were able to watch the speech he gave at that Bitcoin conference? It was epic, to say the least. I recall it now. So here we go. Check it out. Peter Thiel's venture capital firm reportedly made $1 .8 billion closing out its crypto positions around the time when he was an early Bitcoin bull, still predicting the token's price to surge by 100X. And again, from 43 ,000 price action, 100X means over 4 million. Founders Fund had cashed out almost all of its bets on digital assets by March of 2022, according to the Financial Times report that cited people familiar with the matter. But Thiel was still backing Bitcoin, obviously, when he spoke at the crypto conference in Miami the following month. He went on to share where at the end of the fiat money regime, he said, adding that the token's price could increase 100 fold from its level at the time, which was reported at $44 ,000 per coin. That prediction was proven false and as rising interest rates and failures, the high profile firms like Celsius Network, Three Arrows Capital, FTX, Terra Luna dragged the crypto sector into the prolonged bearish winter. Now Bitcoin plummeted by over 60 % in 2022 and was trading at under 17 ,000 by the end of the year. And I believe the bottom currently for the cycle is 15 ,700. How many of you feel that that bottom is in? Let me know, chat. Founders Fund first started pouring money into crypto all the way back in 2014, when Bitcoin was only trading at roughly $750 per coin. So by the time Bitcoin reached its all time high in November of 2021, it had surged 8 ,500 % from that particular level. Not too shabby for a seven year run, wouldn't you say? Now Thiel has a long track record as one of Silicon Valley's most prominent tech investors. He took early stakes in startups, which include Facebook, Elon Musk's SpaceX, and ride hailing app Lyft, and even co -founded PayPal back in 1998. Thiel is also a high profile supporter of the Republican Party and continued to voice his support for Donald Trump since the former president left office in January of 2021. The fund held around two thirds of his portfolio in Bitcoin at one time, but now not has significant exposure to crypto according to FT's sources. So there you have it. Fam, what are your thoughts surrounding his prediction and him cashing out at around that time he was making those all time high predictions of 100X? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
The Charlie Kirk Show
Fresh update on "larry" discussed on The Charlie Kirk Show
"It is a authoritarian, tyrannical country mixed with the worst of all the trans stuff, the worst of all of the alphabet mafia. Canada's national identity is basically a more Marxist America and the liberals in America are nuts. So where do you go from there? Well, joining us now is Ezra Levant. I want to first kind of just enjoy in the embarrassment from the Canadian Parliament where they honored a Nazi, not an exaggeration from Rebel News. And then I want to talk just about how did Canada fall so quickly? What are the lessons here? And what are things that might have been done differently? Ezra, thank you for taking the time. Tell us about what happened at the Canadian Parliament where they're honoring a Nazi. It's unbelievable. So Vladimir Zelensky was in town on Friday and Justin Trudeau embraced him as he always did. It is very much like Joe Biden in that regard, just utterly committed to Zelensky, which you can have a debate about that. But what I think is not debatable is that for some weird reason, the liberal government invited into the parliament an actual 98 year old Nazi SS officer who sneaked into Canada about 70 years ago after the war by lying about what he had done in the war. His name was Yaroslav Hanka and he was part of the 14th SS battalion. He lied. He said he was part of the first Ukrainian battalion. So he got into Canada, led a very low-key existence, hoping that the Mossad Nazi hunters would catch him. And then out of the blue, he's 98, he gets an invitation to parliament. And he's introduced not as a Nazi, but as a Ukrainian-Canadian war hero. So most people, I mean, I'll give them the benefit of the doubt, they had no idea who this guy was. He was introduced as a war hero. They applauded. They just said he fought the Russians. But think about it, Charlie, who was fighting the Russians in the 40s? That was Hitler. And again, this guy wasn't just some conscript. He volunteered to join the SS. He would have been one of the guys doing the special political violence going after Jews, checking in the attics, shooting resistance leaders. And they jumped to their feet and applauded. And they almost got away with it because not a single person in the mainstream media said, hang on, fighting Russia in the 40s, a Ukrainian war hero? Which team was he on? Anyhow, people on Twitter, including myself, dug a little deeper. And over the weekend, we put irrefutable facts forward and started nudging the opposition and nudging, frankly, Holocaust Memorial groups to weigh in. And finally, they did yesterday, and the dam broke. But Trudeau, he's blaming it on the Speaker of the House, as if he didn't bet everyone in the room. Quick point, Charlie, this would be like during a State of the Union address, when the president gives a shout out to this veteran or that person, and they stand up and the camera pans over a highly scripted event. Don't tell me for one second that Trudeau didn't know who he was. Trudeau's saying, I don't know who did that. That's crazy. And Trudeau took the day off today, so he doesn't have to answer any questions. I mean, this is like a bad Curb Your Enthusiasm episode, where, right, Larry David comes in and says, Guys, guys, I found this freedom fighter. He's the best. He dedicated his life to killing Russians. He's done it for years. Let's honor him. That's exactly what it's like. But it's one level worse. Because Trudeau's go to insult for everyone who disagrees with him is to call them a Nazi. He even calls black MPs and Jewish MPs. Seriously, there's an M. I mean, Leslie Lewis is a black MP. Melissa Lanzmann, who's a Jewish MP, both have been called Nazis by Trudeau's government. Obviously, not true. This is this is a Jewish high holy weekend, by the way, it's Yom Kippur, the holiest day on the Jewish calendar. And they're bringing I'm going to play the piece of tape here. If it wasn't so just disgusting and sick. I mean, the only way I can cope with this is to make fun of it, which is here are these people that allegedly make their whole life about fighting right wing fascism. Here's this guy. They honored he was active in the Waffen SS. He was an SS guy. This was not just some sort of enlisted person who was drafted and thrown on the front lines. This was a guy, as you say, was like Christoph Waltz in Inglourious Basterds. OK, he walked into people's homes to kill Jews and is now honored by the Canadian Parliament. Play cut thirty five. We have here in the chamber today, Ukrainian Canadians, Ukrainian Canadian world veteran from the Second World War who fought the Ukrainian independence against the Russians and continues to support the troops today, even at his age of 98.
Bloomberg Radio New York - Recording Feed
Monitor Show 12:00 09-17-2023 12:00
"Interactive Brokers charges USD margin loan rates from 5 .83 percent to 6 .83 percent. Rated the lowest margin fees by stockbrokers .com. Rates subject to change. Learn more at ibkr .com slash compare. And that is it for this edition of Bloomberg Best. I'm Ed Baxter. And I'm Denise Pellegrini. And this is Bloomberg. Stay with us now. Top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is a Bloomberg Money Minute. Technology is changing the car business and not just with electric vehicles. Bloomberg reporter Keith Naughton says it's giving automakers a chance to sell new services to owners long after the car has left the showroom. Whether it's infotainment in the dashboard or safety features or convenience features like the hands -free driving. Automakers often sell these services by subscription, helping to smooth out the ups and downs of the car business. It gives you that continuous revenue stream that they don't have from just selling cars. And secondly, the profit margins on these subscription services are huge. And subscription services are not just showing up in electric cars. It doesn't have to be an electric car to have a working modem. All cars have modems now. And so it does not have to be an electric vehicle. Commercial fleets are among the early adopters, helping them to monitor where and how their vehicles are driven. But consumers are close behind. Larry Kofsky, Bloomberg Radio. Look through your children's eyes to see the true magic of a forest. It's a storybook world for them. You look and see a tree. They see the wrinkled face of a wizard with arms outstretched to the sky. They see treasure in pebbles.
Sound ON
Fresh update on "larry" discussed on Sound ON
"Tonight, tomorrow when things get back on track. Interesting bit of polling coming out of Goldman Sachs, a survey from the investment bank, small businesses worried about a shutdown. 91 % tell Goldman it's important to avoid a shutdown, 70 % say their business would be negatively impacted, 93 % believe their revenue would take a hit, even as lawmakers say don't fear the shutdown, at least some of them, some troublemakers at least according to Kevin McCarthy in his Republican conference, we're going to get to that as well, but let's stick with the polling data and a perplexed Washington over the weekend. Based on the latest we heard about here, not I'm only the Republican primary trail, but more importantly a potential general election up. New York Times crunches them together into the headline, polls show low approval ratings for Biden and Trump coasting in primary, that would be fair. Mr. Mr. Biden faring better than Mr. Trump when it comes to personal favorability in this poll, 39 percent say they have very positive or somewhat positive opinion of him, 35 percent the same matchup that freaked everybody out in the Washington Post ABC News poll, a 10 point blowout for Donald Trump over Joe Biden. An outlier say some, certainly Larry Sabato, I don't know if you saw his take on this, we're gonna get into all of it with Eli Yokely in just a moment. I have to pull up the Sabato cut though because it's quite remarkable. From, of course, the University of Virginia, Larry Sabato tweets, ignore the Washington Post ABC poll. It's a ridiculous outlier. My question, how could you even publish a poll so absurd on its face, will it make any embarrassment for you? How do you really feel? Separately, NBC News out with a poll shows president at 56 approval, the highest in this poll. But again, 56 % of voters disapprove of his performance in the other. We're gonna try to make sense of this, think of a shutdown and the impeachment proceedings that are about to begin this week in the U House right now with Eli Yokely, politics analyst at Morning Consult. Eli, it's great to have you back on Bloomberg Radio and here on YouTube, our YouTube channel. Get a chance. What's your thought about this before we move on to your own numbers? This this idea of an outlier. is This part of the business that you're in when you're polling the American public. But do you think twice about publishing something that just appears to be from another solar system? You know I think a lot of people like the transparency aspect of putting out numbers if you get them. I think we've heard of other pollsters doing this. When you read the Washington Post piece on this, they were pretty clear about the outlier nature of this survey. I mean, most of the polling we've seen about this contest, this hypothetical match -up between Donald Trump and Joe Biden has been pretty close. Sometimes one of them has a two or three point lead, usually within the margin of Arabic. You know, here at Morning Consult, we've been tracking this every day since early December, and the numbers just really haven't shifted much. It's been a tight contest. A lot of voters aren't tuned into this yet. And so, I think whenever we get a September year -out survey like this as an outlier, it might not be time yet to light your hair on fire if you're a Democrat. Well, there's a lot of hair on already, fire and I wonder if you can just explain to our viewers and listeners here how you get an outlier. Do you buy into any of that? Yeah, I mean, sometimes it's just you get a weird sample, a weird set of voters that might look on paper like the people you're supposed to be talking about, but in research survey science, they talk about confidence intervals. A lot of time, there's a 95 % confidence interval that you could repeat this over and over again, and every once in a while, there's that 5 % chance that the numbers draw. How about that? Well, let's talk about what you're learning. That's why you're here, Eli, thoughts and your about this precarious week that we're just now beginning. The idea of an impeachment inquiry. I know that you've run numbers on this, and we're going to see the first hearing in the U .S. House Open this week with the oversight committee. The chair, Jim Comer, says it's going to be more of a refresher to bring everybody, speaking of baseline, back up to where we are. What do Americans think of this exercise? You know, right now, the impeachment inquiry is pretty popular. About half of voters support it. two Forty percent don't support it. A good number of Republicans or Democrats think it's okay to open this investigation. I think some of that might be, you know, just do it to clear the air. But there is some dissatisfaction among the president's base with him generally. We've seen this in even some of our primary tracking, about two in 10 Democrats would support the different candidates in the race, you know, the Democratic support for this is much higher than the Republican support was for Trump's impeachment back in 2019. People do see political motivation from Congress, shocking, right? But it's a little bit less than the kinds of the share he's saying when it comes to the Trump investigations. 48 % all voters, 47 % independence that tracks pretty closely for what it's worth here. I wonder how these numbers might move once we get into the process. Eli, do people care about whether there's hard evidence in this case? It's possible. I Oh, mean, sometimes these we saw during the Trump impeachment investigation, these numbers move every once in a while. But look, views on Joe Biden are pretty solid at this point. They're not great and nothing has really made them worse. Nothing's really made them better. And so I think that Republicans are going see to a chance to do this. Clearly, this is something that excites their base. But a lot of folks just aren't attention paying to what's happening on Capitol Hill right now. We're less than a week from a government shutdown and one in five voters say they've heard a lot about this. Folks aren't as attuned to this than are. Washington Well, tell me more about that because we've got lawmakers in some cases saying that a shutdown is a good thing. People are getting used to this. They think it's part of the legislative in process many cases. We're obsessed with blame game here in Washington. What do you think? Well, I think we're about to release some polling on this tomorrow, but the electorate's pretty divided on who to blame for this, but they're just not paying attention. I mean, this is a major, major issue for the economy. As you mentioned, a lot of business folks are very concerned about this, but everyday people just aren't really tuned in. And I think that's helping the GOP, obviously, just given the dysfunction that is happening in Washington. Out in the country since 2020, the share of voters who say the GOP is competent to govern has increased. It's almost tied with Democrats right now. We got this survey last week, this shutdown debate was taking center stage. I think that is a key piece of evidence that folks aren't attuned to this despite their prioritization in of a lot surveys of reducing the federal deficit. Spending time with Eli Oakley at Morning Consult here on Bloomberg Sound On. I'm Joe Matthew in Washington. I do want to move to the campaign trail for a few. I see your latest numbers from Morning Consult Pro, Donald Trump 59, Ron DeSantis is still in second place in this poll, but he's down to 13 % now. Ramaswami 10 and Nikki Haley 6. Mike Pence rounds things out at 5%. Nobody else would make the debate stage from here based on this poll, Eli. Is that the way we should be viewing this debate this week? They're out in Simi Valley. This is going to be the biggest collection of candidates we see from here on out. I think that's probably right. We're not seeing anybody's that 3 % threshold that the RNC has set for this debate. I think that stage is pretty well set. The challenge here for the campaign is what is the point of this? I mean, Donald Trump is not on stage. He's backed by almost 6 in 10 Republican primary voters. Without him there, there's just not an interest among the Republican electorate. We saw Nikki Haley get a bit of a boost after the debate. first That has sustained a bit. I think expectations are higher for her at this point. But to what end?
Mark Levin
Caller: If Trump Can't Criticize People, Can He Praise Them?
"They're going to lose yeah no you're exactly right I mean it would he be allowed to say nice things about Jack Smith the special counsel so could he say nice things about the judge could he say wow you look lovely today your honor could he say that I wonder. I really doubt they even want to hear him make a peep at all they just want him to stand there quietly it reminds me of a person in the Bible that had to stand there quietly while they accused him of things and then of course and they nailed him to a cross but that's what's going to happen they just want to nail him to a cross and be done with them. Larry thanks for the call my friend have a wonderful weekend thank you for calling 877 -381 Steve is in Nevada Steve you're on the Mark Levin show go ahead sir good afternoon rich how are you sir doing well thanks for the call you're a good fill -in for Mark I appreciate that reason I called is really important president Trump and his attorneys they are following a playbook of government government is public all the actors who are in public office have qualified immunity to one degree or another but if they fail to follow the orders of what they're supposed to do or if they
Real Estate Coaching Radio
A highlight from Real Estate Agents: How To Stop High Mortgage Payments From Killing Your Business!
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money, and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. So on today's podcast, what Julie and I are going to be doing is explaining with enough detail that all of you will walk away feeling like you've learned a lot and you can apply that knowledge and help you to help people make money. We're going to be explaining the differences in different types of mortgages that are out there. Now why are we doing this? Because many of you are frankly walking around with a lot of misinformation about the different types of mortgage products out there and it's costing you deals. How do I know that's true? Because Julie and I trip over the agents saying things with a lot of authority that are completely wrong about the different types of mortgage products. That's right. So this is how you're going to overcome the number one buyer objection and we're also going to talk about it from the listing side in a second. Buyers are saying things like, I don't want to pay these high interest rates and high mortgage payments. I'm going to wait for the rates to come down. Well, they don't actually have to wait. You don't have to wait. They just have to utilize a different type of mortgage. Now there are several ways to overcome higher rates. We're going to show you the top three and we're going to give you enough information to make you dangerous and you're going to take it the rest of the way or join coaching. Because this is a podcast. This is not a coaching session. And this is great information as always to use if you're training your team, your brokerage. Maybe you're going to do a buyer seminar and you want to give them the drill down on all the rest of it. But really it's knowledge equals confidence, ignorance equals fear. You've got to know this stuff so you feel frankly capable and competent in the marketplace to be working with people because guess what? This marketplace is going to introduce or force all of us to relearn a lot of the sort of different mortgage products that are out there because 30 year fixed rate mortgages until the rates come down to a more or frankly, if you're doing new construction, you're going to be looking at a lot of folks that are going to be looking for ways to make the payment more manageable. That's right. So there are several ways to actually close at a lower interest rate than the going rate rate. We're going to show you the top three. Those three things are buy downs, paying discount points and adjustable rate mortgages, otherwise known as ARMS. So this information is not just for buyer's agents. It's also for listing agents to understand how these programs actually work. Now, frankly, it's mostly for listing agents because a lot of listing agents are turning away offers that are very viable because they don't understand the nature of the mortgage. We talked about this the other day when we were talking about first responder type loans. It's like you'll get a VA or an FHA loan, Mr. Listing Agent, and you'll just shoot it down because somebody told you that those are whatever, whatever. You don't have actual experience and you're listening to people, you're getting advice from people that don't, guess what, have actual experience and you're costing yourself a transaction, you're costing the buyer agent a transaction, but you're also costing in that case that I just gave you, maybe a veteran, an opportunity to buy a house. Yeah, that's exactly right. So remember, just because a buyer asks for closing costs or is getting a mortgage that's not a standard 30 -year fixed does not automatically make them a risky buyer. Maybe they're just getting a lower rate so they have lower payments. That is a big mistake that I'm seeing mostly from listing agents. As you said, they're shooting down perfectly good stuff. Okay, so note to self, credit scores are at an all -time nationwide high. Home equity is high. We've talked about this on previous pods. 30, 60, and 90 -day late payments are at an all -time low. This means that most buyers are in a strong position to buy and they are likely just taking advantage of different types of loan products versus choosing an inferior loan product like some listing agents believe. See, what's happened is, because you guys are so used to standard issue 30 -year fixed, a lot of agents think in their head that anything that isn't like that must be subprime or it must be too risky. There's something wrong with it. Let's take that to the next level. I don't think, okay, agents, now that we're exposing all this to you and there's tens of thousands that are going to hear this, now it is on you to learn what we're going to expose you to and drill down and even learn it more. But I think really the real root of the problem are loan officers who don't know how to do anything other than revise in 30 -year fixed -rate mortgages and or they don't actually have within their mortgage business different types of products other than traditional 30 -year fixed -rate mortgages. So Larry the lender, who you love, is not going to be able to work with you in a mortgage environment like this because the actual essentially list of different mortgage products he has is not versatile enough and you're going to have to open your mind to the fact that buyers are more qualified right now than you actually think they are. Oh, and by the way, some of those buyers are actually going to be sellers as well. You guys getting the point here? The reason that the market is so, I think, the feeling the way it does, a lot of it has to do with lack of knowledge amongst the professionals that are supposed to be doing the transactions. And you may have to change the lenders you're working with. You know, of course I listen to a podcast about this, a lot of the small and medium size lenders are actually going out of business because their refi business dried up and because they don't have all the products that are needed in this market. And they also don't know how to work and do anything other than refi. That's right. So you may have to actually change your mix of lenders or if you are a mortgage lender listening and we are very mortgage lender friendly, many of you are joining our coaching program and getting real estate licenses, you might need to expand what your offerings are or, you know, talk to whoever's in charge about that. By the way, we know we're giving you a lot of information. What we're trying to do is open your mind to all the amazing, frankly, information out there for you to learn because once you have this knowledge, it's going to give you an unfair advantage in the marketplace when you're talking with a prospective buyer or seller. But don't worry if you're missing any of the points from today's show, the notes are down below. Scroll down, open up the show description. They're all there waiting for you. And of course, as always, you can also join premier coaching. It costs you nothing. So listing agents do your research before you shoot down a buyer just because you've never heard of their loan program or because you believe that adjustable rate mortgages are evil and have a terrible reputation. A lot of that is a hangover from things that you might've heard about from the housing crash, but that doesn't mean it's the same product. But again, it might be not things that you heard from the housing crash. It may be your office manager or your mentor or your quote unquote coach heard from the housing crash. When you're going through the process of learning who you should be listening to and taking advice from, you've got to be ultra careful because one little bit of information, just look at what Julie and I have exposed you to. So let's say you're walking around with this attitude that arms are terrible, but arms can make it so that a lot more people can have, say, fixed rate mortgages for the next five or seven years. That's what an adjustable rate mortgage is, meaning a lot more people can buy a house. So because you think arms are awful, you turn down that, again, veteran buyer that's going to do an FHA arm, let's say. Whereas had that person bought that house because of inflation and depreciation, say for $400 ,000, and over the next, say, five years during that time when they had that adjustable rate mortgage, that house could have appreciated by over $100 ,000. You just took from that person, in my case, a veteran, the opportunity to build some significant equity in their property. You've got to be opening your eyes to the importance of having this information because at the end of the day, listeners, your job is to be of service to other people. How many people can you be of service to if you don't know how to actually do the job? Exactly. So we're going to look at three common ways to close at less than the going 30 -year fixed rate. Buy downs. Now, I want you to separate all these because a lot of these terms sound similar. A buy down is a mortgage where the buyer obtains a lower interest rate for at least the first few years of their loan. There are different types of buy downs. A 2 -1 buy down is where the buyer has a lower rate for the first two years of the loan. A 3 -1 is for the first three years of the loan. They buy down the fee, that's known as points, that can be paid by the seller on behalf of the buyer or by the buyer themselves voluntarily. When a buyer asks for closing costs to be paid by the seller, this is where the money can go, for example. Now, builders, as we discussed on yesterday and the day before our podcast, utilize this type of financing routinely. That's why closing on new construction is likely to have a lower interest rate, thus a lower payment. And sometimes you can buy the rate down on an adjustable rate mortgage. So an adjustable rate mortgage is already going to have a lower rate, and sometimes you can buy that rate down even lower. That's right. You can kind of mix these. Okay. Well, you're getting complicated now. I know, but still. Now, since builders subsidize lower mortgage interest rates, a buyer might have the same payment on a higher priced build home using builder financing as they would on a typical 30 -year fixed rate at the going rate on a resale home. And we talked a lot about that on previous pods. Whether it's a home builder or a resale seller who's subsidizing the rate buy down, typically the price is raised to compensate. So we're going to take a couple of examples. I'm going to do these kind of fast because you guys can get the notes. On a 3 -2 -1 buy down, the buyer has lower payments for the first three years. For each of those first three years, their interest rate then goes up by 1 % annually. The full interest rate then applies beginning the fourth year of the loan. They can, however, refinance or sell the home at any time. Now a 2 -1 buy down, the discount is applied for the first two years, providing a 2 % lower interest rate for the first year, then a 1 % rate discount for the second year, and then the third year it adjusts to the actual rate. Now the buyer on their own behalf or the seller or even the builder pays the lender for the subsidy and it is paid at closing. Now buyers can qualify easier with lower rates and enjoy lower payments for the first couple to few years of the loan, if it's a two -year buy down or a three -year buy down. This makes sense especially for buyers who expect their incomes to rise or add a spouse's income in the next few years. I remember we closed some of these with doctor clients. When they were still in medical school. When they were still in medical school. Now some of you guys would shoot that out, oh it's a 3 -2 -1 buy down, I've never heard of that, that must be risky. Well in fact it's a pretty kick -ass borrower that's going to make more and more money and it's the right product for them. Jules, we've had coaching clients that make a fortune off working with doctors that are in residency who know, and they're special, guess what listeners, they're special programs just for doctors who are in residency that a lot of the lenders offer, especially the local banks that you don't know about because you haven't asked yet, where it's exactly what Jules and I just said. They will be able to get loans with basically no money down. Even with tons of student loan debt, right? But why? Because remember we usually talk about risk management with lenders in kind of a yucky light that they're making it harder. In this case they actually believe more because they're doctors, they know their income is going to go up, they know they're going to pay off their student loans and they probably have really killer credit. So here's a case where the agent perception might be completely different than the lender perception and they're actually shooting down a really great qualified buyer just because of the type of loan they have. Well, the agent's perception, not to the lender, but the agent's perception versus say for loan product. Exactly. I said that wrong. You're right. No problem. Okay, so let's do the math. Here's some examples of how a buy down mortgage can work. Say you're borrowing 250 ,000 with a 30 year fixed rate at six and three quarters. You can choose between a two one buy down or a three two one buy down, but here's how the payments would be on a two one buy down. Okay. Year one. And this is, this is as of two days ago. As of two days ago. Let's, let's say that the going rate is just under seven because we're all expecting to land somewhere around there. Okay, so the going rate 30 year fixed, you would have closed at six and three quarters, but remember on a two one buy down, you have two points lower starting on the first year. So again, the, uh, you're borrowing $250 ,000 down year one. The payment is $1 ,304 because you're only at, guess what, a 4 .75 % interest rate. Year two, it goes to $1 ,459. That's at five and three quarters. And then year three is $1 ,622 at the full six and three quarters interest rate. If rates were to all of a sudden plummet that you can refinance out of this as well too. Then do it and fix the rate. But just make sure, listen, there's no prepayment penalty. Those are super rare, but write that down. Never forget. Make sure there's no prepayment penalty. That's right. Now the buy down fee, what did it cost the borrower of this $250 ,000, okay? What did it cost them to make their payments lower for year one and year two? The buy down fee for this loan would be $5 ,759. Now if you did the three to one buy down, your loan would, I'm sorry, your payment would start even lower at $1 ,158 because you're only at three and three quarters. Then the next year, $1 ,304, $1 ,459, and then $1 ,622 when it goes to the full amount, right? So here's the thing, meanwhile the buy down for that one increases on the, when you do a three to one, now it's $11 ,000. So if a buyer is considering a buy down, they should look beyond the initial low payment period to determine whether the costs involved in the near term are actually worth the savings, right? Depends on what's important to them. So let's, we don't, I mean this doesn't necessarily, all the numbers don't translate very well to a podcast, but here's the big takeaway. Let's say for example you're dealing with a home seller that's sitting on a mountain of equity in their home as most sellers are. And let's say they're real skittish about the interest rate on whatever they want to buy. Let's say they want to go from their $400 ,000 house that they owe $200 ,000 on and they want to buy something for $1 .2 million but they're just, can't wrap their mind around the interest rate. They have a lot of equity, they can buy that interest rate down, they can get that payment to exactly where they want it to be. Maybe that was an extreme example, $400 ,000 to $1 .2 million, but you guys get the point. But they're doing it voluntarily. You don't have, you know, we think of this as builders do this all the time. Any borrower can do this on almost any type of loan. Now note to self, not all types of loans or types of homes can be using a buy down. FHA and USDA loans have additional requirements and you should always monitor for prepayment penalties as you said. So what if a buyer wants to lock in a lower rate for a longer period of time? We were just talking about the buy down, which is usually a 2 -1 or a 3 -2 -1. What if they want a longer period of a better interest rate? A buyer can choose to pay the lender upfront, which is at closing, for what's called discount points. So this is a little bit different. What is a discount point? They are prepaid interest that the borrower can purchase to lower their rate on subsequent monthly payments. They are a one -time fee paid upfront during either a normal purchase or later you can do this on a refinance as well. Each discount point costs 1 % of the total loan amount, not the purchase price, the loan amount, and lowers the loan's interest rate by one -eighth to one -quarter of a percent. It's not one -to -one like some people think. It's, you know, 1 % of the loan amount, one -eighth to one -quarter percent lower. Check with individual lenders about their rules and requirements because it's not all the same lender to lender. Now, discount points do not have to be paid out of the buyer's pocket, though they can be. The buyer can ask the seller to pay for discount points or the builder in a new construction purchase. Sometimes the seller will raise the purchase price to make up for their contribution. The house still has to appraise for the higher amount. Builders who subsidize loans usually already have that baked into the price, so you don't even have to negotiate that part mostly with new construction. Discount points make more sense if a buyer is going to keep the house for a longer period of time and less sense if they're going to potentially sell in a shorter period of time. If it's a shorter period of time, you would have done the buy -down instead because maybe you're going to sell in three years. If you're worried about the appraisal, which you should be, you're going to want to then maybe ask for a full asking price, assuming it's priced correctly, and then ask for the seller to contribute to the buyer's buy -down points or closing costs and the rest of it, too. So keep that in mind. By the way, if you're a listing agent sitting on a house that hasn't sold and you're thinking about a price reduction of $20 ,000, maybe instead you do $10 ,000 towards a buyer's buy -down or discount points and you sell it instantly because you just gave the buyer that money. Or offering to pay their property taxes for a year, or offering to pay their HOA fees for a year, offering to pay all kinds of things. There's a lot of ways to avoid the uncomfortable, Mr. Seller, it's time for us to discuss repositioning your house on the market to correctly reflect the buyer's expectation. Never say lower the price, that's a surefire way to get fired. But even that conversation, even with our fancy script, is still going to raise the cackles of most sellers. So it might be a smart idea for you then to not necessarily go after the price, but offer more incentives to the buyer and the buyer's agent to sell your house over another one. People no matter, and this is true, this has actually surprised me, no matter what the cost of the whatever is, people are very payment shoppy, really. At the end of the day, people are payment shoppers more than price shoppers. That's how people think, right or wrong, judge it or not, so there it is. That's right. And by the way, we've done entire podcasts about 12 ways to sell your house that you're listing that's not selling, this is one of them, is contributing to the buyer's loan. Okay, so buying discount points can reduce their rate and lock it in for the life of the loan. That makes it better than a buy down, but again, it matters how long you plan on being in the house. Well, it's because the same amount of money, if you're doing a discount point, will buy the rate down more if you're just doing your previous option, right? So for this, you could actually spend a little bit less money and do a 2 -1 buy down or whatever, maybe it's a 3 -1 or a 4 -1, who knows, but versus an actual discount points, Julie gave you an example, the discount point might only buy, buying a discount point down might cost the same as doing a 2 -1 or a 3 -1 arm, but you're only putting, you know, you're only getting a quarter point off. Exactly. So it's a lot less or an eighth of a point. Yeah, but you know, a really great lender can do a side -by -side comparison and give you your options, right? Okay, so buying discount points can get it locked in for the life of the loan. It is not the same as an adjustable rate mortgage, we're going to talk about that next. The adjustable rate mortgage is locked in for a limited time period, commonly 5, 7 or sometimes 10 years, and then adjusts to a variable rate. I know this stuff is confusing, I'm not expecting you guys to become loan officers unless you already are one. Now let's define what the word variable rate means. Variable rate usually means in the mortgage that after 10 years, it's going to adjust to whatever the market, the prevailing market rate is, and it might be like, and they're going to write in the mortgage exactly how they're going to figure out what the, essentially what it's tied to. What it's tied to, exactly. We'll get into a little, not too many weeds, but a little bit. Okay, so adjustable rate mortgages, these are called ARMS, okay? They have features of both fixed and adjustable mortgages. It's fixed for the first 5, 7 or 10 years, and then the rest of the loan becomes adjustable. But remember, again, you can always refinance or sell the home at any time. That's, but so again, adjustable meaning that it's going to adjust after the initial ARMS. After the initial fixed part of the loan. Exactly. Then it's going to adjust where the prevailing rate is. That's right, so. So it's not like you're going to wake up every day and like be playing mortgage interest rate roulette. Exactly. No, you'll know what's going on. Okay, now, for example, in a 5 -1 adjustable rate mortgage, the rate is fixed at a lower rate than the 30 -year, but it's fixed for only five years. In a 7 -1 ARM, you have a lower rate for seven years, and then the rate adjusts. It then adjusts every year starting the sixth year based on the performance of a benchmark rate. There are usually caps to how far it can adjust during any period. So for example, if your adjustable rate, you closed at 5 -3 quarters when the 30 -year maybe was seven, and you have that fixed for those five years, the sixth year, you're not going to wake up and it's going to be five points higher. Most of these, I've read a lot of these, most of these will have a cap of two, you know, two percent higher or three percent higher, somewhere in there. They also have a low -end cap where, because it can actually adjust lower. Nobody ever thinks about that, do they? Okay, so did you know that if a buyer pays their own discount points, it can also be tax -deductible? The IRS actually considers discount points to be prepaid mortgage interest, because that's what it is, and as such, they are generally tax -deductible over the life of the loan. If they had the home purchase meet certain conditions, they can be fully deductible for the year that it was paid as well. Little known fact. Okay, so discount points can sometimes be negotiated with the lender to actually get more discount for less cash up front. If the borrower, for example, has especially high credit, a great job history, strong ratios, and a good down payment, they're in a great position to negotiate. It's also advantageous to shop these programs with different lenders since they do have some wiggle room, different lender overlays, and special offers. Now here's something, some of these things I know make you guys nervous, because I hear about too many people shooting it down, but here's a fact. Lenders actually like to receive discount point money because it's cash up front versus receiving that money over a time via the interest rate. This might seem like an unusual conversation given the years and years of three and a half percent mortgages, but it's actually quite common practice. You just have to know about it. Knowledge equals confidence, ignorance equals fear. So homework for you is to actually sit down, maybe take your favorite lenders out to coffee. Take two or three of them out, loan originators. They take you out. They should take you out. That's true. Good point. Good point. Unless you have Starbucks cards laying around. Okay. So yes, have them take you to coffee. Ask them to explain how their buy downs, discount points, and adjustable rate mortgages work. Remember yesterday's, or a couple days ago, podcast about first responders. Do they have any special first responder loans? Do they have special deals for teachers, policemen, firemen, doctors, okay? You don't have to know everything about this, but you should be fluent in what's available to your buyers. The more you know, the more deals you can do because you'll be talking about all this stuff and you want to say, you know, the really the impetus for this podcast is how to overcome the buyer's objection. I don't want to pay high rates. I'm out of the market for awhile. By educating your buyers about options, you might re -motivate them to get back in the saddle. Exactly. And again, how many of your buyers are actually, you know, also sellers, people that have houses to sell. This is how we fix the inventory problem in the United States. We just finished a two day series on new construction. We've done lots of podcasts and lots of training in premier coaching about new construction. Well the next leg of that learning is going to learn how to basically help people with different mortgage scenarios. How many of you right now, after listening to this podcast, are feeling a little overwhelmed? I'm going to guess a lot of you. That's okay. Allow yourself to feel overwhelmed. There's I think it's Maslow's levels of mastery or learning, right? Julie's looking at me because she's trying to see if I'm going to get this right. I'm probably not. Maslow's hierarchy or something. No, no, no. The levels of mastery. Oh, levels of mastery. Yes. Was it Maslow? Anyway. Don't make me look stuff up while I'm talking. Right. The first one is unconscious. Incompetence. Incompetence. The next one is conscious incompetence and it's. Conscious incompetence then unconscious competence. I know they all sound the same, but basically you're moving from not knowing what you don't know. In other words, you're walking around. Blissfully ignorant. A cloud blissful of ignorance and you're, oh my gosh, the market's so tough. There's no inventory. None of my buyers are qualified. That is your first level and what we're trying to do, especially on today's podcast, is shock you out of that first level because we want you to embrace the fact that once you are willing to say, oh my gosh, there's so much I don't know, move quickly to that next phase where you're consciously incompetent. When you're consciously incompetent, that's when you're going to be a sponge for new information but that's where the magic happens. And that's why most of you join coaching. When you have that aha moment and you say, gosh, instead of waiting for the market to magically rain listings on me and turn around and make all my buyers qualify and be enthusiastic about everything all the time, maybe I've got to find out some more tools for my toolkit so that I can be more of a problem solver and help more people. Your advantage in this marketplace does not come from buying buyer leads or from essentially doing a bunch of things that are passive lead generation. Your advantage in this marketplace comes from your willingness and your eagerness and your enthusiasm to help people. And the only way you're going to be able to help people is if you earn the right to help them and earn the right is not paying referral fees, earn the right to help them from the knowledge that you have, from the skill set that you can pass along and your quest to be of service to them. That is where you're going to find an unlimited amount of opportunity. You have to lock in to the fact that your highest and truest purpose in this plan is to be of service to other people. The way, only just to repeat what I just said, that you're going to allow, the only way the market's going to give you the opportunity to help a bunch of folks is if you have the knowledge that they need in a marketplace like this. Do you guys see the advantage you could have with understanding just the surface level of what Julie and I just presented to you? Do you see how that's going to make you more confident, be willing to have more conversations because you can help more people? Is this the way you want to go in your career? Of course it is, especially since all of you guys are the smartest, brightest, best looking real estate agents on planet earth. Otherwise you wouldn't be listening to this podcast. So guys, thank you for keeping this the number one listen to daily podcast for real estate professionals in at least the United States. As always, it is our truest honor and our pleasure to be of service to all of you. So if there's ever anything that we can do for you or if you have any show ideas, because all the podcasts in the past like 10 days have come from people messaging us with questions and I'll encourage you to do the same. You can message Julie and I over on Instagram at Tim and Julie or you can also text me directly. This is my real cell phone number but text don't call because I won't answer 512 -758 -0206. Let us know what you want us to drill down on and we will of course do it and we will do our best to keep you guys on the forefront of what is working in this marketplace so you can be of service to more people and then everything that you want in life, business and personal, will certainly follow. You guys have a fantastic day. We'll talk to you on the show tomorrow.
Evangelism on SermonAudio
A highlight from Evangelism and Church Growth
"Well good morning. I appreciate the confident prayer of Jeff as he thanks the Lord before he even hears me utter a word. There's a bottle of water under here. Am I allowed to steal this? I don't know whose it is, but charge it to Larry I suppose. Well in light of whatever I have to bring and wherever I've been privileged to serve and whatever God has been gracious to teach me, may it be today as with our forefathers that we would simply think of ourselves as ministers of the Word. Let's let's pray together and I mean wave that by Mike Woodall and I don't think he just wants to say hi. How's that Mike? Is that better? All right now we can pray I suppose. Oh God may we be absolutely brought to the end of ourselves when we come to the gospel. Let us see not just at the cross the good news of our deliverance, but let us see the horrible cost of our rebellion. And let us believe God in the cross and in the cross alone there is Oh God we would pray this day as we come this morning to the start of a new day together we thank you God for all that you have planned for us. For we know God by virtue of your word and how you have been so good in days gone by we know you will continue to be faithful. So we call God upon that faithfulness and trust in it now that you would come and that you would take your word and that you would by your spirit make it effective to speak to our hearts stir God our every affection and passion and wrap it around the cross of Christ. God we would thank you praise and you and God may it please you to send forth your word may you watch over it God even now to perform it in Christ's name. Amen. Did Jesus have to die for the church to grow? I think that is a question that needs to be fought through by every faithful preacher of the Word of God. Did Jesus have to die for the church to grow? For in fact much is taking place in today's church that is considered growth that doesn't seem to be related at all to the death of the Lord Jesus Christ. Did Jesus have to die for the church to grow? I think we need to think about that question not just in the realities in regard to its truthfulness but also if true we need to consider it in regard to the implications that it has for the labors of our own ministry. It is a question that texts like John 12 24 bring to mind. Jesus speaking of the hour of his being glorified in his cross he states these words truly truly I say to you unless a grain of wheat falls to the earth and dies it remains alone but if it dies it brings forth much fruit or think of these words of Jesus just a little later in that same chapter Jesus said and I when I am lifted up from the earth will draw all men myself to or think of Christ's words in John chapter 10 he says I am the Good Shepherd and I know my own and my own know me just as the Father knows me and I know the Father and I lay down my life for the sheep and I have other sheep that are not of this fold I must bring them also and they listen will to my voice when the seed dies it brings forth fruit when Christ is lifted up all men are drawn to him when the Good Shepherd lays down his life the sheep will follow it is these kinds of texts and bold declarations that led the Apostle Paul to draw the theological conclusion that there is an inseparable connection between the death of Christ and the end for which he died that is the constructing of a body he would refer to as the church the fruit the people the sheep would all be drawn together in the formation of a tangibly expressed group of people that he would call his own this truth led Paul to declare in Romans 1 16 I am not ashamed of the gospel for it is unless we have a big debate about what is is it is the power of God unmistakable it is the power of God Paul saw the gospel of Jesus Christ and him crucified on that gosh on that cross as the very means by which God would manifest divine power to establish equip and one day exalt and lifted up glory the fullness of his redeemed body the church the bride of his beloved son that the gospel of the cross of Christ is indeed a declaration of divine and effectual power for the establishment and edification of the Church of Jesus Christ is a sound truth held out for us in Paul's letter to the Corinthians his first letter in particular I found it encouraging after having picked this text a few years ago when our meeting when we kind of lined out this conference a little bit my heart began to lean toward this passage and just recently in the last few weeks I came across this note by John Stott he makes this comment about this particular text he says in it we find no clear exposition in the New Testament of the place of he divine power says it is perhaps the passage of scripture which preachers should read and study more than any other and by which we should judge and reform our ministry that was quite a statement to me I think he is quite right believing the growth of the Church of Jesus Christ to be a reality created and sustained by divine power to this text we want to look this morning to receive a commission as preachers of the gospel as a commission as deliverers if you will of divine power and by the grace of God to be seen as servants through whom all men will come to believe to the increase of the kingdom of Christ and the building up of his church now in this text from Paul's first letter to the Corinthians the Apostle Paul sets forth what I would say is his theological understanding of and commitment to this precious gospel of the cross yet as he sees as he sets it forth it it is not what many might expect to hear we need to read 1st Corinthians 1 18 through chapter 2 verse 5 as if the gospel is a surprise as if it's not what we would have expected we we've read that passage so long we probably go okay that's the gospel but when the when the world hears this gospel they don't go oh yeah that's good news it catches them completely by surprise it is completely unexpected it sets everything they ever thought about the gospel in reverse consider before we actually turn to the text several points of observation in the proclamation of the gospel an unexpected word goes forth that accomplishes unheard of and quite unexpected results it is a word that from all observable criteria would not have been received by any in the world it already being enamored with its own word and finding it more to its liking and pleasure a word that to the world was void of any real significance a word that was not shaped properly to be embraced by their self -shaped passions it is a word that appeared weak if not utterly impotent and foolish if not utter madness in a world that was consumed with the pragmatic wisdom of man a word went forth that in truth worked if you want pragmatic if you want something I that works present to you brothers preach the gospel because that works the rest of it is just play you want to be novel and innovative in today's world preach the gospel nobody's doing it so be different I should love all these people don't want to be different they all look the same it's like nothing they've ever seen and nothing they ever expected furthermore in the proclamation of the gospel the substance of which we find to be the very power of God something unexpected occurs in the lives among those to whom it is proclaimed God takes very unlikely subjects who do not travel in the acceptable circles of the world's elite academically politically socially and he takes them into his school he brings them into his courts and he invites them to his celebration he takes those who are far away and brings the mirror near he takes those who are nobodies in the world and makes them the somebodies of his own economy he takes the blind and gives them sight the deaf and makes them hear the mute and makes them speak the lame and makes them walk he takes dead people and makes them live that's what the gospel does like a farmer who has at his disposal see that he casts upon the ground hoping the ground to be rich and ready and some power from above like rain to fall in abundance on the seed with which he was also supplied he didn't make it himself he wants that rain to make it grow in the preaching of the gospel a man takes a message that appears from all human estimation to be weak and without power and cast it upon the unlikely the rejected the unexpected the undeserving the on everything by falling by the falling of the Spirit of God from above upon the soil of the heart into which the gospel seed has been cast God brings light out of darkness and life out of barren death one last thing to think about before we look at the text itself in the proclamation of the gospel God comes to people in a form of human weakness you ever wonder why he called you to preach every Sunday morning about 1025 I'm having this argument on my office not me yes you not me no I'm not a charismatic everybody hear that you understand you must be kidding I have a mirror in my office and every now and then I get bold enough to look at it and I'm thinking not me yes you so shut up and preach because you're the guy to do it today God comes in the form of human weakness he chooses the most unlikely bearers for his glorious gospel and comes to men in weakness fear and trembling and furthermore were it not for the true power of the message itself there would have been no lasting impact made by the vessels themselves who were in truth rather impotent and unworthy vessels to begin with but we will do well brothers to recall this gospel comes in an unexpected word it performs an unexpected work and is in truth delivered and unexpected and even unimpressive wrappings like an insignificant creature that one can take in his hand in its apparent weakness which at the same time is found to dwell in the palaces of Kings so this gospel which comes to men in the appearance of weakness and insignificance and is in truth the very wisdom and power of the king of heaven itself now this is strange to impact and change the world to say the least with such a message but it is in truth the very gospel of the cross of Christ by which the church in every age grows up into her head the ever -glorious Christ it is most important however that the claims that we have just made in summation of the text before we actually gave you the text and exposition those claims need to be rooted in the scripture themselves so I'd like you to find with me again that text in 1st the text in the broader context of the whole of Paul's letter and see why Paul would write such words about the cross of Christ helpful in this were some words by Earl Ellis and a book he wrote called prophecy and hermeneutic in early Christianity and dr.
The Breakdown
A highlight from Why the SEC Needs the Bitcoin Spot ETF
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Sunday, September 10th, and that means it's time for Long Read Sunday. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find the link in the show notes or go to bit .ly slash breakdown pod. Hello, friends. Welcome back to another Long Read Sunday. One major theme of conversations I've been having recently is what the SEC does next. What do they do now that Grayscale has won this legal decision? They have, of course, been pretty mum on it, but many have speculated that it creates a shifting opportunity narrative for them, basically a way to back off from their reject everything kind of sensibility and instead almost lay claim to a responsible regulator role by approving a Bitcoin spot ETF saying new information has come to light. Courts clearly see this in a particular way. Our goal has never been to stop innovation, and this is now finally a field that is ready for an ETF. Today, we're going to read excerpts from a set of pieces that all discuss some aspect of that and all I think reflect just how important this ETF and larger institutional conversation is to the Bitcoin and crypto narrative right now. We start with a piece from Tim Halderson, the CEO of Lunar Strategy called Bitcoin ETF applications are Bitcoin's best marketing strategy. Tim writes, The biggest financial houses in the U .S. are peddling Bitcoin's message and don't even know it. You see, modern day marketing isn't confined to catchy ads or snappy slogans. It's about how a concept is presented, the narrative that's woven and the influence it exerts on decision -making. Today, Bitcoin is more than just magic internet money or lines of code. It's actually reshaping the way we think about finance across the board. The point he says is that, quote, ETF hoopla is a net positive for Bitcoin regardless of whether these applications get the green light or face the red tape. So why is that? First, he points to Bitcoin's billion dollar cheerleaders. Tim writes, With each ETF application, the leadership of major financial giants are signing up to do word of mouth marketing for Bitcoin. This canvassing goes beyond press releases, conferences and interviews, extending beyond the public eye to the private and much more influential circles. Once an obscure outlier, Bitcoin now finds itself aligned with one of the most revered investment vehicles and Wall Street is definitely starting to notice. Next, he points to, quote, greasing the wheels of momentum. And this is basically a discussion of just how many resources these big traditional firms have at their disposal to drive public support around their bids to secure approval for Bitcoin spot ETFs. Looking at BlackRock, he said, The impact is near immediate. A powerful mood shift is building on the momentum of conversations and mainstream media channels associating ETFs with Bitcoin. The stats check out too. The price of Bitcoin surged to a 13 month high within a couple weeks of BlackRock filing its ETF application. Why does this matter? Well, Bitcoin's price is more than just numbers dancing on a screen. It's determined by an intricate choreography of supply, demand and market sentiment. And now on the verge of breaking into a trillion dollar playing field, it rightfully deserves to be the heartbeat of a global conversation. The more discussions revolve around ETF applications, the more Bitcoin becomes a household name. Third, Tim argues that that classic phrase all press is good press definitely applies when it comes to Bitcoin ETFs. He writes, Think about the bigger picture. The global economy is going through a pretty rough patch. Fiat currencies are buckling in the face of inflation where Bitcoin stands firm in the eye of the storm. Nowadays with finance heavyweights such as Larry Fink talking up Bitcoin on the world stage, the masses are finally tuning in. Shortly after BlackRock filed its Bitcoin ETF application, the CEO had this to say, Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country or the devaluation of whatever currency you're in, let's be clear Bitcoin is an international asset. It's based not on any one currency and so it could represent an asset that people can play as an alternative. Tim continues, The narrative of Bitcoin as a hedge against economic uncertainties is gradually taking shape again. This is starting to dawn on the largest market makers in the world and in turn they are seeking to use ETFs as gateways for entering the crypto playing field. A fourth reason this matters, Tim argues, is shifting regulatory dynamics. He says that while critics point to Canada and Europe as examples of a lukewarm response to Bitcoin ETFs, the impact in the US might be more significant given how hard the SEC and other agencies have historically cracked down on crypto. He writes, There is already a healthy roster of financial behemoths with treasuries worth hundreds of billions waiting in line for a Bitcoin ETF application approval. The gravitational pull of the US market cannot be underestimated and the potential involvement of heavyweight players amplifies this influence. This is another clear narrative shift. Bitcoin isn't just digital gold, it's an equal player in a global financial game. As regulation rapidly develops in the United States, this narrative could play a pivotal role in tipping the scales of public and institutional level sentiment in favor of Bitcoin as a viable medium of exchange. TLDR, he writes, The conversation around Bitcoin ETF applications isn't just about the expansion of financial regulations to include cryptocurrency. It's a strategic marketing move that's transforming Bitcoin's narrative. It's reminding the world that Bitcoin is more than just a niche curiosity. It's real money as far as the definition goes. Now, I've talked about this a lot. I obviously agree with Tim that a huge part of the significance of the Bitcoin ETF process right now, in fact, I think the biggest significance is in this narrative shift. BlackRock's ETF application was a breaker wall that stopped short the questions of whether this industry could survive the chaos of the last couple years. I believe that it will be the most significant inflection point and shifting moment when we look back at the hinterlands between bear and bull, even if that bull takes a long time from here to materialize. Next up, we turn to a piece from David Ackerman. David is the chief compliance officer and data protection officer for Mobilecoin and he writes, Stop thinking about wins or losses in the Bitcoin ETF debate. Grayscale's appeal shows that crypto innovation is an opportunity for the regulators as much as investors. David begins pointing out the shift that we have been tracking here on the breakdown, that there are signs of things working in favor of this crypto space, that the language with which the federal judge rejected the SEC's logic around their grayscale Bitcoin ETF denial is of historical significance, and he says, quote, what happens next is where opportunities for the entire crypto industry lie. Opportunities for the Web3 community, for the SEC, and for the United States to potentially pivot toward a more collaborative, innovation -friendly future. Now, David argues that it is very difficult for the SEC to simply deny the application once again. He writes, if the SEC denies the grayscale application a second time, then another federal judge will review it to determine, one, if the denial is essentially similar, two, did the commission address the previous concerns raised, and three, how does the denial either protect investors or otherwise support the SEC mandate? David continues, if a judge perceives SEC actions as more of an attack on an industry and less about protecting investors or market integrity, judges can flex their muscle. Judges, David writes, could open the door to future litigation. They could rebuke administrative agencies. And because of all this, he doesn't necessarily think that that's the path that SEC chair Gary Gensler will go for. He writes, the political capital needed to further prevent innovation in this space without clear and convincing evidence that those actions support investor protection is simply not worth it. The United States has a storied history of balancing innovation with investor protection. We have proven both are concurrently attainable time and time again across every sector. And that brings us to our third piece, which is by the editorial board of Bloomberg. The opinion piece reads, who needs a Bitcoin ETF? Actually, the SEC does. The editors of Bloomberg write, should the U .S. Securities and Exchange Commission approve an exchange -traded fund focused on the spot market for Bitcoin? The question has yet again gained relevance thanks to the District of Columbia Court of Appeals, which last week reversed the SEC's decision to reject a Bitcoin ETF proposed by Grayscale Investments. The answer is yes. With a revised approach to the issue, the SEC could turn its loss into a win. Now, there are a couple points that the Bloomberg editors make. While deriding Bitcoin and saying it would be ironic to use this very traditional instrument in an ETF to bet on a technology that was, quote, supposedly designed to displace such traditional intermediaries, at the end of the day, quote, it isn't regulators jobs to stop people from making bad decisions. Next, Bloomberg points out the strangeness of the position of trying to say that the futures ETFs are any different than spot ETFs. They write, the distinction makes little sense. If, say, wash trades on exchanges artificially inflate spot prices, they'll affect futures, too. Instead, the Bloomberg editors argue, the SEC should approve spot Bitcoin ETFs from exchanges that meet higher standards. They write, a different approach could both establish more consistency and give regulators much needed authority over crypto. The SEC could approve spot Bitcoin ETFs provided that the exchanges involved meet the same standards that their regulated competitors do. Such conditionality would rationalize the rules while motivating big ETF sponsors, such as BlackRock and Fidelity, to monitor compliance. They conclude, in the absence of action from Congress, regulators should do what they can to bring crypto into line without killing it off. Here's an opportunity. People would still be free to lose their money on ill -considered bets, but they'd be much less likely to get ripped off along the way. Now, this is something that a lot of people have talked about, that one of the things that characterizes this bear market is these big traditional firms stepping into the void to basically clean up and reboot crypto as something that is owned at least in part by them. Now, we can and should have entire debates around whether that's exactly how we want to see the crypto industry evolve, but the point that the Bloomberg editors are making is that given that all of those traditional firms are stepping in, the SEC could simply hand them the keys to the kingdom. I don't love that, of course, because I believe that crypto -native institutions have a lot to offer, but it's a perhaps rational, if not cynical, take on why at this point it really just doesn't make any sense by any rationale to keep denying every spot Bitcoin ETF application. Overall, I think that these pieces show that the walls really are closing in on this for the SEC, and it's going to be very, very difficult for them to continue to deny such a basic common sense product for much longer. Whether it will actually have the market -popping impact that so many hope for, I'm perhaps a little bit more skeptical of, but at the end of the day, that doesn't matter. This is just the right next step, or at least a step that has to happen, and we just have to let the markets figure it out from there. Anyways, guys, that is going to do it for today's Long Read Sunday. Thanks again to all of the different authors who were quoted here in, and until tomorrow, be safe and take care of each other. Peace.
Divine Naples Podcast
A highlight from #439 Matt got a free pass from doctors so he dug in to German cake quickly. Rich thinks he had to pay off all doctors because he knows he is broken beyond the fixing point. Army story will explain what not to do to your wife in the car. Someone closed his wifes hand in the door of the car so he doesnt have to go to the theater. Simply news you can use in 10 years. Iron Curtain did not allow teddy bears. Episode #439 September 9th. 2023
"Another beautiful and divine day in Diva Naples here, September 9th, Saturday, 2023, and this is episode 439 from this Mike Rich and from this Mike Matt, another Saturday, it is a Saturday, I'm so happy, how was your uh checkout, doctor checkout, it was great, you got a smile on your face, I told you yesterday that I was getting a checkup for for the insurance aspect of infinite banking, we'll talk about that some other day, uh but I had an awesome time, she checked all my blood, and what did they say, and then I had an EKG that came out perfect, oh good, hold on just a second, let me, hold on just a second, oh there you go, oh there's that German cake I had to diss yesterday, I felt really bad about it, but now I'm back to destroying my body, so I'll go ahead, destroy it, let's do it, let's eat this sugar, this looks awesome, I've been doing a lot of complaining for years about German cakes, so yeah, and since they say you are, you got a free pass, yeah, let's just destroy it, let's do it, yeah, yeah, what do I care about, exactly, any diabetes or anything else, it might be a result, you just close your eyes and say you never had it, right, it's the only problem I always tell people, like the only problem is gonna be in your head, you know what I'm saying, you're gonna have to figure it out, right, explain it to yourself, you don't have to explain to anybody else, oh my gosh, it's a little frozen, isn't it, it's absolutely delicious, is that blueberry, this is blueberry cream cheese, yeah, crumbled cream cheesecake, it's German, German, but you know yesterday was fresh and you said you don't want it, so I just shove it in the freezer, make an ice cream out of it, you know what's awesome though, because you probably had no idea this, but blueberry is my favorite berry for fruit pies and cakes, you know what, if this would have onion, you would say same thing, you mean if you put a chili dog in front of my face, you didn't have a cake for 24 hours, so everything would be your favorite, oh yeah, that's true, yeah, well speaking of that, do you know what they call train carrying bubble gum, choo -choo gum, yeah, no, choo -choo train, yeah, and in your case, you know, the dog is cheap, yeah, you will find out as soon as you talk to a lawyer, yeah, right, here it is, yeah, so be careful, all right, I will, so shove a couple more forks in your opening, yeah, and then, so you can be quiet, because I have essentials to do, I will do that, why don't you get to the essentials while I shove German cake down my throat, yeah, we will still hear it, it's gonna fall down so deep, because you have nothing there, that's right, I told you not to eat 24 hours, anything, but I've been eating all day since I got done with that EKG, yeah, it's 9 p .m and this is the perfect thing to put up there, you know, ending this Saturday, put it right on top of those burgers and things I ate today, oh did you, oh yeah, you didn't tell me that, onion rings do, oh my god, where's mine, I forgot, oh yeah, I'm gonna bring you this, I'm gonna bring you that, I'm sure, you know, loyal listeners now just laughing their faces and saying, saying yeah, he was right, he always promised him something, never bring him anything, all right, yeah, you are the one on the streets, I can barely get to the garbage can, you'd be all right, yeah, well today I had a, I closed my eye, I had a nap, no, one eye, yeah, close one eye, wow, can you believe it, three minutes, did you go past three minutes, yeah, three and a half, I think, well that's, it's a record, that's a record for you, yeah, I feel so guilty, yeah, you should, yeah, Julian Bruce, Terra Ketera, Apache music, thank you for all the music that you provide us with and the song that we start our podcast with, which is Divine Ables, very signature song for us and we are always tuned into this podcast, I hope everybody else that hears that as well and sponsor of this podcast is Divine Coffee and Wine Bar, our favorite place where we're getting all our Texas tea from and you know that this giving us the jolt and the energy that we can, you know, bring these voices to your ears, beachss .com, that's the place where you wanna go if you're interested, so 250 items available, just let us know what we can bring you, we will do our best to be there between 30 to 45 minutes, there's no charge for delivery if you order more than $15, which today it's, you know, two sandwiches and stuff, it's easy to do, yeah, easy, so, you know, we're still keeping everything very reasonable, salads from $12, organic salads, sandwiches, $13, I mean, we bring it to your beach, it's freshly made in our coffee and wine bar, not speaking of the alcohol, like the beers and, you know, cocktails and wine and everything, we have everything, now, weather, how about that? I got that weather today and we're gonna have a sunny day in the beginning, it's gonna be 99 it was today and we're gonna get down to a low of 78, a little bit of rain at 9 o 'clock, about a 70 % chance, then at 10 o 'clock 50 and at 11 o 'clock 40 % chance, so we're gonna have a pretty nice day, do you think we're gonna have rain? Yeah, we're headed towards, you know, seasonal weather, it's getting lower and lower, I mean, it's still pretty hot, my friend, during the day, but that's gonna start cooling down, well, that's gonna be so nice, just open windows and then we also see that that hurricane is out there, still, but they said it slowed down a little bit and so they're hoping that it's just gonna curve back up into the Atlantic, slow down a little bit yesterday, yeah, now, five miles an hour, yeah, back to the speed, it's picked up another five, uh -oh, but it is supposed to kind of turn it back into the Atlantic, right, until they throw the spaghetti on the wall, we really don't know, yeah, we don't know, I wish they'd throw some meatballs into that spaghetti, but the speed they said is back to 160, yesterday was from 160, that's crazy, so we are back from, you know, two days ago, so, doesn't know what it's doing, I think it's like driving with your wife, you know, it's just like, have you ever drove with your ex -wife when she said something, both of them, did she ever upset you and, and, you know, this is, you never drove like that, I tried to make sure that she never drove, I learned that in the army, right, when we, when you were out of the bunker, yeah, hold on, let me just give you another Iron Curtain story, they're the, they're the, my favorite of the day now, so, uh, we were, hold on, we were probably in the army for two weeks, you know, very fresh, you still don't know what, everything smells different, you still don't know what's going on, you know, they cut your hair, you have no hair, just look like a little, like, you know, freshly born, the little dog baby, yeah, and you just, you stick the head out of the bed, it goes like, what is today, you know, you just have no idea, so every day there was a surprise, so two weeks in, they just like, uh, you know, sound the alarm, everybody full gear, and they loaded us in this, uh, you know, very sophisticated army vehicles, you know, yeah, that has absolutely, absolutely no, uh, springs or any type of, you know, uh, no shock absorbers raining, no, no suspension, so you feel little stones on, on everything, so we're going in the road, and, uh, of course, you know, the, in the cabin, there were three seats only, and, uh, you know, the older soldiers, now we're gonna sit in the, in the, on the back, which we called pig house, you know, we call it pig house, like when you're transferring pigs to slaughterhouse, that's where you put them, that's where you guys were going, so the Russian front, so you're sitting, right, so you're sitting, uh, on a bench, very, like, a very nicely cushioned bench, which was jested from piece of wood, and you have all the gear on you, right, heavy, and now imagine you're sitting, uh, on a side, uh, towards front, so you don't, you don't sit, like, in the bus, like, facing front, right, right, you're sitting on the side, so we get out of the army base, and that soldier, that older soldier, no exactly, because they did same thing to him, when he was there, yeah, but he experienced it, and I learned it, and I later on did it to my ex -wife, she really liked that, you know, you hazed your own ex -wife, I was giving her the army special, you know, just the treatment, all the time, so she did something wrong, I just, so, so what he did, all the soldiers, like, he pressed the pedal, like, to the ground, right, the truck, it takes, like, maybe half a second to pick up, right, the speed, so just, like, move forward, and then he let it go, and press the brake, and just stop, and he did it, like, maybe 15, 20 times, some guys start puking, because they couldn't, like, you're sitting side to side, right, and you're hitting each other with this heavy gear, you got car sickness, yeah, yeah, so, you know, that's what, uh, I did to my ex -wife, oh, you're horrible, so when she was, you know, just, uh, the, you know, I'm, I'm, wouldn't it have been just better to be, do it my way, just don't let her drive, no, I was driving my ex -wife, when she was telling her where to go, and what to do, oh, yeah, yeah, yeah, I'm surprised the airbag didn't explode, oh my gosh, you know, she was really close with the face to the dashboard, it's not better than my friend from England, you know, what he did to his ex -wife, no, well, she started, I think, she got upset one day, because he forgot they had the tickets to the theater, and he came, uh, you know, what do you call it, uh, socially tired, he came from this, uh, place called restaurant, you know, after work, he worked for socially gathering, yeah, and he came home socially tired, right, yeah, so, uh, he didn't want to go to the theater, he went to social gathering, he didn't want to go, he was tired, I don't want to go anywhere, well, after a few beers, he got really tired, right, so he came home, yeah, she started yelling at him that they have to go, and they have to take shower and everything, and he's, you know, kind of like, I'm not going, and all this, so, right, he said it was so much fire in the house, that he had to dress himself, and all these things, and then when he was opening the door for her to get, uh, you know, seated in the car, he slammed the door when her hand was still between the doors, did he do it on purpose, oh my god, I guess we're staying home, so he saw her hand still holding when she was getting in the car, still telling him stuff, so he just shut the door, said we end up in the ER, I told her I don't want to go to the theater, oh, I'm surprised he didn't push her back in the car and say drive yourself to the emergency room, but yes, call me when you're, so next time, get all fixed up, when your wife is telling you stuff in the car, you just pretend you're in the army, press the pedal, gas, brake, gas, brake, and if that doesn't work, slam her hand in the door, that's the treatment, uh, but that would be the, that would be definitely, that'd be the extreme, yeah, well we're getting to our segment, which is our favorite segment of, uh, I'm thinking of it, it is my favorite segment, what do you call it, uh, decades, yeah, it is, it's of the century, maybe, we've been doing this for five years, but we just started this segment last week, but I love it for five years, I do too, I love this segment for whole five years, yeah, because it is what it is, and what is this segment, we know everything that the guy who knows everything doesn't know, so there you go, that's right, and if we, if we don't know it, we'll, we'll give the answer later, yeah, we will know it, there will be time, eventually, yeah, yeah, we will get to know it, because we're, we're on the mission on, on the know, it, I love I do too, yeah, so the idea is just to bring the news around the town, the Southwest Florida, what's going on, so you, your life is a little bit more educated, so you know, these days, there are fact checkers, and all kind of different things that are providing us from finding out what really is happening, so that's why Matt and I are dedicated, we eat cake over here, drink coffee, get fed, we have little doors, so I mean, this is, there's a situation we may not gonna get out of the studio one day, but for now, we, we are able to exit, so you know, if you're listening, you may be smarter, because, yeah, because you get all kinds of information, yeah, I mean, can I give you a couple, a little bit of information you got over a couple of decades? 1960, Yeah, oil is gone in 10 years, let me give you another one, 1970s was the ice age in 10 years, so we're gonna, that kind of didn't happen, 1980s, acid rain will destroy all crops in 10 years, what's the deal with 10 years, the 90s, the ozone layer will be gone in 10 years, what year is it right now, Rich? Did it start already? I guess, and then 2000 ice caps will be gone in 10 years, so when that started, that started in 2000, well, I think, I think Al Gore need to come back and explain that to us, so what we want to do is give you news that you can use in 10 years, oh, I love it, yeah, so let me just start with this, interesting fact that happened in Ecolier County and commissioners, they actually, I guess, start thinking, you know, what to do and how to, how to, maybe they use the crystal ball, how to plan the future here, yeah, maybe, and we've been preaching this for a while, we were always saying, yes, we were, Diva and Aprils, you know, we want to bring communities together because whatever, it's gonna be day, and it's not far, but federal government is gonna be thinking, we don't have much money left, what we're gonna do and how we're gonna distribute it, maybe we're just gonna skip some of the states and states gonna say, hey, we didn't get money, so some of the counties, and this is how it's gonna go, and counties to the cities and so on and so forth, so, all the way down to the local government, you have to realize that one day you're gonna have to be your own doctor, your own, you know, lawyer, and your own gardener, and your own everything, so let's just start practicing this, let's be independent, it's like our own community, and we're coming up with solutions, our own solutions as a community and coming together, and that's what we're all about, building community, and budgets obviously are a big part of that, and we live in Collier County, I believe the greatest county in all of Florida, that's my own opinion, but now you're gonna share some information about what's going on, I mean, we have some serious issues that we're gonna have to deal with, and this, let me say this, and we get there, okay, there's two things that could happen, you either gotta cut budgets to balance the budget, or you need to raise taxes to pay for that stuff, and we can do both, you can do both, but the real thing would be is to take an assessment and find out what we really need, what programs, where we can realistically cut the budget, and the federal government is in debt, we're all in debt, and they're gonna have to finally come to grips that you just can't spend yourself into wealth, and they're gonna have to make cuts, and the way they're gonna make cuts is doing exactly what you said, they're gonna cut their funds to the states and say, you guys are now responsible for that, and where are we gonna make up the shortcomings on that, is two things like you said both, either we're gonna cut the budgets, or we're gonna raise taxes, and as citizens, and people in the community, we should be involved in that discussion, because it's gonna affect every single person one way or the other, you may be somebody that relies on some of these programs that the county's gonna start talking about, you know, the budgets, and maybe cutting, and that type of stuff, so that's why we come here and tell you, hey, be educated, we're letting you know, they're coming up with this commission meeting to start talking about the budget, and this one's gonna involve cut, and they discuss that in accounting, what they're gonna be cutting, how they're gonna be cutting, which is smarter way to do it, because they still have time, right, so I think, you know, we're going a good direction, exactly, and here we are, Diwai Naples, we would like to educate you and everybody else, instead of cutting budgets, and you know, raising taxes, why we don't just spend a little bit more money with our local businesses, because we keep them, keep them in business, and today, you know, actually yesterday, Friday, seasonal week, or in our case, two weeks of restaurant dining, for $29, $39, and $49, depends what restaurant you go to, it's available to you, so you will support our local businesses, we'll keep people employed, you know, keep the money here in our community, local taxes going into the coffer, we don't have to raise the taxes, because we just naturally, stimulating the economy, that's what it is, that's exactly right, and you brought, that's the key point right there, so if we learn this right now, we don't have to worry about it later, right, and you know, we're gonna go as far as a school district has enough money to, you know, still have teachers, and have kids in the school safe, and learning the right things, and EMS being available to come to your house quickly, because they have a full tank of gas, proper funding, yeah, proper funding, so keep this in mind, because I think it's very important, and I'm really excited that our leaders in the county are taking initiatives, and they start already, you know, this conversation, because they can, they can see the devil on the wall, yeah, the handwriting's on the wall, baby, because that's coming, no matter what, and it's the day of reckoning, they call it, and we have a lot of programs that we are preparing, one of them is, for example, Divine Naples Club, that will be just for residents of Collier County, and once you prove your residence, there's gonna be a lot of benefits you're gonna be getting, so we wanna, you know, we're gonna participate in it, we're gonna be somehow leaders into this movement as well, so you know, just keep eye on our profile, social media, website, and on EARS on this podcast, we will bring everything to your ears, yes, so that's what I have to say about community budget, you know, budgeting, and being a community, we have 23 websites in 18 languages, so you can find a lot of information that we are passionately putting together, now, that would be the most serious stone, right, and now, since it's Saturday, and you're stuffing your face, I think we should, what else is new, yeah, we should stick to food, yeah, yeah, that's, why not, yeah, that's what everybody does this weekend, right, everybody's out, you know, dining, finding dining, they only ask two crazy people, you know, sitting here, well, we're finding a way to do it here, yeah, that's true, right, we always find a way, we do, so we don't left, where there's a will, there's a way, there's no left behind, even if we call in for takeout, so I just, you know, I have nine food dishes, signature food dishes, they are so symbolic for Florida, you have ideas, oh yeah, let me start with this, I'm gonna name them, and you give me an idea of what you think about it, okay, how about this, all right, key lime pie, oh, that is a signature of Florida, and it is probably my favorite tart dish, the key lime pie is so tart, and I just love the way it's made, and there's such a different variety, different, you can get that just about at any restaurant in southwest Florida, you know, I mean, it's a staple, bro, that's the dessert of the state, right, that, I mean, that's true, and you know what's interesting about this, this was invented in Key West, in the beginning of 19th century, before even a refrigerator was invented, what did they put in it to keep it, I mean, I'm just saying, you know, the key ingredients is pie to sweetened condensed milk, yeah, so, you know, that's just like a pickled, sugar, doesn't have to be refrigerated, yeah, exactly, yeah, just so you know, if you need to, sugar sausages, it's delicious, it's delicious, gator tails, how about that, I do, but actually, I like them better in what are called gator nuggets, or gator balls, and I like them in smaller pieces, and the way I like it, I mean, some make it and saute it and do other ways, but I like it fried, there's nothing like fried gator, and I dip my gator nuggets or balls in barbecue sauce, it's my favorite, and it is a staple, again, in Florida, it's tradition, oh, I think there's been a tradition forever, since Indians, they made them, fried them, they may just ate them differently, no, they did, they've ate it, like, I'm sure that he, he didn't have alligator sushi, did you, did you live with Indians, so, you know, no, I don't know, okay, so, you don't know, I don't know, but I want to know, because we're supposed to know everything, I know, I mean, you, you pretend, like, you know, right, but maybe they do it, like, we do marshmallows, maybe they put it on a stick and roast it over the fire, that's exactly how you would do it, with sausage, yeah, let me just correct you, I mean, you always pretend, like, you know, but I'm here to make you look like you don't know, but I know, right, yeah, and to make me look, you know, like, like, you don't know, I don't know, you're right, yeah, so, Indians were always doing it, but these days, it's kind of hard to access, or get access to this food, because it's only during the open hunting season, and people that hunt for alligators need to have a license, so it's a little bit more sophisticated, but they, from the tail, there's the pieces on the top of the tail that are used for this, you know, this delicatessen, and it's only during the certain, you know, months of the year, so unless you freeze it, then you're probably gonna have it fresh, exactly, in some of the places and restaurants, there's not many of them around, but it tastes like a chicken, yeah, everything tastes like chicken, although I never say that, because gator tastes like gator to me, yeah, well, it tastes like chicken, all right, everything tastes like cabbage, do you know what that is? No, and it's, I just learned today, so we're in the know, why don't you share that with me? It's called Heart of Palm, and it's been eaten for hundreds of years, the leaves of the branches of the palm were used to construction ever, historically known for being part of the many early folks, in fact, one group of early Americans was able to repel British army attacks because of really, yeah, so part of the palm that used for construction, they also eat and they make, you know, oh, that's right, it's, they have it in cans, right? Yeah, yeah, so that's, that's, you know, the palm is all around us, we just don't know which one it is, I know, and that's just, you know, I guess back to Indians, yeah, game, there you go, conch fritters, oh, I love crunk fritters, and those things are fried also, did you know what they call that? Escargot of Florida, that's right, because the actual meat is actually a snail, most people probably wouldn't eat it if they'd known that, but usually it's chopped up and put in a fritter, a batter and fried, it's delicious, you ever had it? I don't think so, because I don't eat seafood, I don't play the balls, and I don't watch TV, would you like me to bring it so you can try it one time, it's more like a hush puppy, let me bring it, you can have it, okay, no, I don't, I don't eat seafood, well I love them, and whenever I have a go to a restaurant that has them, I try to make that my appetizer, the dish originates from Bahamas, but it's, it transfers to the kivas, that's where it starts, you know, spreading north from there, so it just gives you an idea, fried green tomatoes, oh I love it, you ever seen that movie, no, which movie, it's a movie, fried green tomatoes, but anyway, they're delicious, you ever had those, you don't like fried food, no, I don't eat much, you eat fried chicken though, well the chicken tenders, you eat fried chicken too, not much, if I bring fried chicken here to you, you're gonna eat it, I'm gonna get you Popeyes, I don't think I've ever had it, yeah, well I think I'll bring you some Popeyes, you might like it, I'm not a big Kentucky fried chicken fan, well we're gonna talk about it today, remind me, okay, yeah, all right, when we're gonna go into the national days, something important you need to know, okay, public subs, that's really interesting, yeah, you know what, I really like their bread, because bread is a sandwich, and we are, we were able to even make better sandwich with our ciabatta bread, oh yeah, and we're getting, we're getting actually, reviews, I mean a lot of people just love our sandwiches, because the ciabatta bread comes out crispy, so crispy, and we balanced all these flavors, you know, we have, strategically, yeah, we have mustards, we have tomato, greens, pickles, European pickles, meat, cheese on the sandwich, I mean, you know, we just balanced it so nicely, the sandwich from Publix is good, but it's just, I think, too big, and also, you know, there's just a lot of bread in it, right, and our sandwich is not that much bread, but it's more crispier, so it's more like a baguette, crispier type of thing, and I just love our ciabatta, I love the little charred bit a bit on it, it's just, the flavor is great, yeah, well, then we invite people, oysters, yep, and then we have a lot of oyster bars around here, Pelican Larry's is known for it, I'm not a big raw oyster fan, I like them fried, and I like them on bread, yeah, well, a sandwich, a poor boy, somebody just posted something on the social media, how they were trying to eat oysters, and they see these little maggots coming through it, after they put lemon on it, I never had oysters, I don't like them, so if you are going for oysters, be careful, make sure you don't get it because they are raw, so it could be a lot of parasites and a lot of bacteria, so just be careful, you know, it could be a problem. Strawberry shortcake, yes, well, what do you tell me? I love it, you don't like it? I like it, I like the cake, it's usually a shortbread cake, little round circle, some people make them scratch, you can buy them in grocery stores, and you just cut up your strawberries, you can add a little syrup to it if you like, to make it a little sweeter, I like to just have mine fresh with the strawberry juice, and then whipped cream, now I would love to have your special German whipped cream on one of those, and a little touch for me is to sprinkle a little bit of nuts on top of it, that's my own personal way of doing strawberry shortcake, but I love it. Great idea, but you know what, it's really interesting to know that strawberry shortcake came from Florida, and it's from town that is called Plant City, and it's the smallest town in Helzberg County, about 15 minutes from Tampa, and they produce 15 % of the strawberries sold in the United States.
Divine Naples Podcast
A highlight from #439 Matt got a free pass from doctors so he dug in to German cake quickly. Rich thinks he had to pay off all doctors because he knows he is broken beyond the fixing point. Army story will explain what not to do to your wife in the car. Someone closed his wifes hand in the door of the car so he doesnt have to go to the theater. Simply news you can use in 10 years. Iron Curtain did not allow teddy bears. Episode #439 September 9th. 2023
"Another beautiful and divine day in Diva Naples here, September 9th, Saturday, 2023, and this is episode 439 from this Mike Rich and from this Mike Matt, another Saturday, it is a Saturday, I'm so happy, how was your uh checkout, doctor checkout, it was great, you got a smile on your face, I told you yesterday that I was getting a checkup for for the insurance aspect of infinite banking, we'll talk about that some other day, uh but I had an awesome time, she checked all my blood, and what did they say, and then I had an EKG that came out perfect, oh good, hold on just a second, let me, hold on just a second, oh there you go, oh there's that German cake I had to diss yesterday, I felt really bad about it, but now I'm back to destroying my body, so I'll go ahead, destroy it, let's do it, let's eat this sugar, this looks awesome, I've been doing a lot of complaining for years about German cakes, so yeah, and since they say you are, you got a free pass, yeah, let's just destroy it, let's do it, yeah, yeah, what do I care about, exactly, any diabetes or anything else, it might be a result, you just close your eyes and say you never had it, right, it's the only problem I always tell people, like the only problem is gonna be in your head, you know what I'm saying, you're gonna have to figure it out, right, explain it to yourself, you don't have to explain to anybody else, oh my gosh, it's a little frozen, isn't it, it's absolutely delicious, is that blueberry, this is blueberry cream cheese, yeah, crumbled cream cheesecake, it's German, German, but you know yesterday was fresh and you said you don't want it, so I just shove it in the freezer, make an ice cream out of it, you know what's awesome though, because you probably had no idea this, but blueberry is my favorite berry for fruit pies and cakes, you know what, if this would have onion, you would say same thing, you mean if you put a chili dog in front of my face, you didn't have a cake for 24 hours, so everything would be your favorite, oh yeah, that's true, yeah, well speaking of that, do you know what they call train carrying bubble gum, choo -choo gum, yeah, no, choo -choo train, yeah, and in your case, you know, the dog is cheap, yeah, you will find out as soon as you talk to a lawyer, yeah, right, here it is, yeah, so be careful, all right, I will, so shove a couple more forks in your opening, yeah, and then, so you can be quiet, because I have essentials to do, I will do that, why don't you get to the essentials while I shove German cake down my throat, yeah, we will still hear it, it's gonna fall down so deep, because you have nothing there, that's right, I told you not to eat 24 hours, anything, but I've been eating all day since I got done with that EKG, yeah, it's 9 p .m and this is the perfect thing to put up there, you know, ending this Saturday, put it right on top of those burgers and things I ate today, oh did you, oh yeah, you didn't tell me that, onion rings do, oh my god, where's mine, I forgot, oh yeah, I'm gonna bring you this, I'm gonna bring you that, I'm sure, you know, loyal listeners now just laughing their faces and saying, saying yeah, he was right, he always promised him something, never bring him anything, all right, yeah, you are the one on the streets, I can barely get to the garbage can, you'd be all right, yeah, well today I had a, I closed my eye, I had a nap, no, one eye, yeah, close one eye, wow, can you believe it, three minutes, did you go past three minutes, yeah, three and a half, I think, well that's, it's a record, that's a record for you, yeah, I feel so guilty, yeah, you should, yeah, Julian Bruce, Terra Ketera, Apache music, thank you for all the music that you provide us with and the song that we start our podcast with, which is Divine Ables, very signature song for us and we are always tuned into this podcast, I hope everybody else that hears that as well and sponsor of this podcast is Divine Coffee and Wine Bar, our favorite place where we're getting all our Texas tea from and you know that this giving us the jolt and the energy that we can, you know, bring these voices to your ears, beachss .com, that's the place where you wanna go if you're interested, so 250 items available, just let us know what we can bring you, we will do our best to be there between 30 to 45 minutes, there's no charge for delivery if you order more than $15, which today it's, you know, two sandwiches and stuff, it's easy to do, yeah, easy, so, you know, we're still keeping everything very reasonable, salads from $12, organic salads, sandwiches, $13, I mean, we bring it to your beach, it's freshly made in our coffee and wine bar, not speaking of the alcohol, like the beers and, you know, cocktails and wine and everything, we have everything, now, weather, how about that? I got that weather today and we're gonna have a sunny day in the beginning, it's gonna be 99 it was today and we're gonna get down to a low of 78, a little bit of rain at 9 o 'clock, about a 70 % chance, then at 10 o 'clock 50 and at 11 o 'clock 40 % chance, so we're gonna have a pretty nice day, do you think we're gonna have rain? Yeah, we're headed towards, you know, seasonal weather, it's getting lower and lower, I mean, it's still pretty hot, my friend, during the day, but that's gonna start cooling down, well, that's gonna be so nice, just open windows and then we also see that that hurricane is out there, still, but they said it slowed down a little bit and so they're hoping that it's just gonna curve back up into the Atlantic, slow down a little bit yesterday, yeah, now, five miles an hour, yeah, back to the speed, it's picked up another five, uh -oh, but it is supposed to kind of turn it back into the Atlantic, right, until they throw the spaghetti on the wall, we really don't know, yeah, we don't know, I wish they'd throw some meatballs into that spaghetti, but the speed they said is back to 160, yesterday was from 160, that's crazy, so we are back from, you know, two days ago, so, doesn't know what it's doing, I think it's like driving with your wife, you know, it's just like, have you ever drove with your ex -wife when she said something, both of them, did she ever upset you and, and, you know, this is, you never drove like that, I tried to make sure that she never drove, I learned that in the army, right, when we, when you were out of the bunker, yeah, hold on, let me just give you another Iron Curtain story, they're the, they're the, my favorite of the day now, so, uh, we were, hold on, we were probably in the army for two weeks, you know, very fresh, you still don't know what, everything smells different, you still don't know what's going on, you know, they cut your hair, you have no hair, just look like a little, like, you know, freshly born, the little dog baby, yeah, and you just, you stick the head out of the bed, it goes like, what is today, you know, you just have no idea, so every day there was a surprise, so two weeks in, they just like, uh, you know, sound the alarm, everybody full gear, and they loaded us in this, uh, you know, very sophisticated army vehicles, you know, yeah, that has absolutely, absolutely no, uh, springs or any type of, you know, uh, no shock absorbers raining, no, no suspension, so you feel little stones on, on everything, so we're going in the road, and, uh, of course, you know, the, in the cabin, there were three seats only, and, uh, you know, the older soldiers, now we're gonna sit in the, in the, on the back, which we called pig house, you know, we call it pig house, like when you're transferring pigs to slaughterhouse, that's where you put them, that's where you guys were going, so the Russian front, so you're sitting, right, so you're sitting, uh, on a bench, very, like, a very nicely cushioned bench, which was jested from piece of wood, and you have all the gear on you, right, heavy, and now imagine you're sitting, uh, on a side, uh, towards front, so you don't, you don't sit, like, in the bus, like, facing front, right, right, you're sitting on the side, so we get out of the army base, and that soldier, that older soldier, no exactly, because they did same thing to him, when he was there, yeah, but he experienced it, and I learned it, and I later on did it to my ex -wife, she really liked that, you know, you hazed your own ex -wife, I was giving her the army special, you know, just the treatment, all the time, so she did something wrong, I just, so, so what he did, all the soldiers, like, he pressed the pedal, like, to the ground, right, the truck, it takes, like, maybe half a second to pick up, right, the speed, so just, like, move forward, and then he let it go, and press the brake, and just stop, and he did it, like, maybe 15, 20 times, some guys start puking, because they couldn't, like, you're sitting side to side, right, and you're hitting each other with this heavy gear, you got car sickness, yeah, yeah, so, you know, that's what, uh, I did to my ex -wife, oh, you're horrible, so when she was, you know, just, uh, the, you know, I'm, I'm, wouldn't it have been just better to be, do it my way, just don't let her drive, no, I was driving my ex -wife, when she was telling her where to go, and what to do, oh, yeah, yeah, yeah, I'm surprised the airbag didn't explode, oh my gosh, you know, she was really close with the face to the dashboard, it's not better than my friend from England, you know, what he did to his ex -wife, no, well, she started, I think, she got upset one day, because he forgot they had the tickets to the theater, and he came, uh, you know, what do you call it, uh, socially tired, he came from this, uh, place called restaurant, you know, after work, he worked for socially gathering, yeah, and he came home socially tired, right, yeah, so, uh, he didn't want to go to the theater, he went to social gathering, he didn't want to go, he was tired, I don't want to go anywhere, well, after a few beers, he got really tired, right, so he came home, yeah, she started yelling at him that they have to go, and they have to take shower and everything, and he's, you know, kind of like, I'm not going, and all this, so, right, he said it was so much fire in the house, that he had to dress himself, and all these things, and then when he was opening the door for her to get, uh, you know, seated in the car, he slammed the door when her hand was still between the doors, did he do it on purpose, oh my god, I guess we're staying home, so he saw her hand still holding when she was getting in the car, still telling him stuff, so he just shut the door, said we end up in the ER, I told her I don't want to go to the theater, oh, I'm surprised he didn't push her back in the car and say drive yourself to the emergency room, but yes, call me when you're, so next time, get all fixed up, when your wife is telling you stuff in the car, you just pretend you're in the army, press the pedal, gas, brake, gas, brake, and if that doesn't work, slam her hand in the door, that's the treatment, uh, but that would be the, that would be definitely, that'd be the extreme, yeah, well we're getting to our segment, which is our favorite segment of, uh, I'm thinking of it, it is my favorite segment, what do you call it, uh, decades, yeah, it is, it's of the century, maybe, we've been doing this for five years, but we just started this segment last week, but I love it for five years, I do too, I love this segment for whole five years, yeah, because it is what it is, and what is this segment, we know everything that the guy who knows everything doesn't know, so there you go, that's right, and if we, if we don't know it, we'll, we'll give the answer later, yeah, we will know it, there will be time, eventually, yeah, yeah, we will get to know it, because we're, we're on the mission on, on the know, it, I love I do too, yeah, so the idea is just to bring the news around the town, the Southwest Florida, what's going on, so you, your life is a little bit more educated, so you know, these days, there are fact checkers, and all kind of different things that are providing us from finding out what really is happening, so that's why Matt and I are dedicated, we eat cake over here, drink coffee, get fed, we have little doors, so I mean, this is, there's a situation we may not gonna get out of the studio one day, but for now, we, we are able to exit, so you know, if you're listening, you may be smarter, because, yeah, because you get all kinds of information, yeah, I mean, can I give you a couple, a little bit of information you got over a couple of decades? 1960, Yeah, oil is gone in 10 years, let me give you another one, 1970s was the ice age in 10 years, so we're gonna, that kind of didn't happen, 1980s, acid rain will destroy all crops in 10 years, what's the deal with 10 years, the 90s, the ozone layer will be gone in 10 years, what year is it right now, Rich? Did it start already? I guess, and then 2000 ice caps will be gone in 10 years, so when that started, that started in 2000, well, I think, I think Al Gore need to come back and explain that to us, so what we want to do is give you news that you can use in 10 years, oh, I love it, yeah, so let me just start with this, interesting fact that happened in Ecolier County and commissioners, they actually, I guess, start thinking, you know, what to do and how to, how to, maybe they use the crystal ball, how to plan the future here, yeah, maybe, and we've been preaching this for a while, we were always saying, yes, we were, Diva and Aprils, you know, we want to bring communities together because whatever, it's gonna be day, and it's not far, but federal government is gonna be thinking, we don't have much money left, what we're gonna do and how we're gonna distribute it, maybe we're just gonna skip some of the states and states gonna say, hey, we didn't get money, so some of the counties, and this is how it's gonna go, and counties to the cities and so on and so forth, so, all the way down to the local government, you have to realize that one day you're gonna have to be your own doctor, your own, you know, lawyer, and your own gardener, and your own everything, so let's just start practicing this, let's be independent, it's like our own community, and we're coming up with solutions, our own solutions as a community and coming together, and that's what we're all about, building community, and budgets obviously are a big part of that, and we live in Collier County, I believe the greatest county in all of Florida, that's my own opinion, but now you're gonna share some information about what's going on, I mean, we have some serious issues that we're gonna have to deal with, and this, let me say this, and we get there, okay, there's two things that could happen, you either gotta cut budgets to balance the budget, or you need to raise taxes to pay for that stuff, and we can do both, you can do both, but the real thing would be is to take an assessment and find out what we really need, what programs, where we can realistically cut the budget, and the federal government is in debt, we're all in debt, and they're gonna have to finally come to grips that you just can't spend yourself into wealth, and they're gonna have to make cuts, and the way they're gonna make cuts is doing exactly what you said, they're gonna cut their funds to the states and say, you guys are now responsible for that, and where are we gonna make up the shortcomings on that, is two things like you said both, either we're gonna cut the budgets, or we're gonna raise taxes, and as citizens, and people in the community, we should be involved in that discussion, because it's gonna affect every single person one way or the other, you may be somebody that relies on some of these programs that the county's gonna start talking about, you know, the budgets, and maybe cutting, and that type of stuff, so that's why we come here and tell you, hey, be educated, we're letting you know, they're coming up with this commission meeting to start talking about the budget, and this one's gonna involve cut, and they discuss that in accounting, what they're gonna be cutting, how they're gonna be cutting, which is smarter way to do it, because they still have time, right, so I think, you know, we're going a good direction, exactly, and here we are, Diwai Naples, we would like to educate you and everybody else, instead of cutting budgets, and you know, raising taxes, why we don't just spend a little bit more money with our local businesses, because we keep them, keep them in business, and today, you know, actually yesterday, Friday, seasonal week, or in our case, two weeks of restaurant dining, for $29, $39, and $49, depends what restaurant you go to, it's available to you, so you will support our local businesses, we'll keep people employed, you know, keep the money here in our community, local taxes going into the coffer, we don't have to raise the taxes, because we just naturally, stimulating the economy, that's what it is, that's exactly right, and you brought, that's the key point right there, so if we learn this right now, we don't have to worry about it later, right, and you know, we're gonna go as far as a school district has enough money to, you know, still have teachers, and have kids in the school safe, and learning the right things, and EMS being available to come to your house quickly, because they have a full tank of gas, proper funding, yeah, proper funding, so keep this in mind, because I think it's very important, and I'm really excited that our leaders in the county are taking initiatives, and they start already, you know, this conversation, because they can, they can see the devil on the wall, yeah, the handwriting's on the wall, baby, because that's coming, no matter what, and it's the day of reckoning, they call it, and we have a lot of programs that we are preparing, one of them is, for example, Divine Naples Club, that will be just for residents of Collier County, and once you prove your residence, there's gonna be a lot of benefits you're gonna be getting, so we wanna, you know, we're gonna participate in it, we're gonna be somehow leaders into this movement as well, so you know, just keep eye on our profile, social media, website, and on EARS on this podcast, we will bring everything to your ears, yes, so that's what I have to say about community budget, you know, budgeting, and being a community, we have 23 websites in 18 languages, so you can find a lot of information that we are passionately putting together, now, that would be the most serious stone, right, and now, since it's Saturday, and you're stuffing your face, I think we should, what else is new, yeah, we should stick to food, yeah, yeah, that's, why not, yeah, that's what everybody does this weekend, right, everybody's out, you know, dining, finding dining, they only ask two crazy people, you know, sitting here, well, we're finding a way to do it here, yeah, that's true, right, we always find a way, we do, so we don't left, where there's a will, there's a way, there's no left behind, even if we call in for takeout, so I just, you know, I have nine food dishes, signature food dishes, they are so symbolic for Florida, you have ideas, oh yeah, let me start with this, I'm gonna name them, and you give me an idea of what you think about it, okay, how about this, all right, key lime pie, oh, that is a signature of Florida, and it is probably my favorite tart dish, the key lime pie is so tart, and I just love the way it's made, and there's such a different variety, different, you can get that just about at any restaurant in southwest Florida, you know, I mean, it's a staple, bro, that's the dessert of the state, right, that, I mean, that's true, and you know what's interesting about this, this was invented in Key West, in the beginning of 19th century, before even a refrigerator was invented, what did they put in it to keep it, I mean, I'm just saying, you know, the key ingredients is pie to sweetened condensed milk, yeah, so, you know, that's just like a pickled, sugar, doesn't have to be refrigerated, yeah, exactly, yeah, just so you know, if you need to, sugar sausages, it's delicious, it's delicious, gator tails, how about that, I do, but actually, I like them better in what are called gator nuggets, or gator balls, and I like them in smaller pieces, and the way I like it, I mean, some make it and saute it and do other ways, but I like it fried, there's nothing like fried gator, and I dip my gator nuggets or balls in barbecue sauce, it's my favorite, and it is a staple, again, in Florida, it's tradition, oh, I think there's been a tradition forever, since Indians, they made them, fried them, they may just ate them differently, no, they did, they've ate it, like, I'm sure that he, he didn't have alligator sushi, did you, did you live with Indians, so, you know, no, I don't know, okay, so, you don't know, I don't know, but I want to know, because we're supposed to know everything, I know, I mean, you, you pretend, like, you know, right, but maybe they do it, like, we do marshmallows, maybe they put it on a stick and roast it over the fire, that's exactly how you would do it, with sausage, yeah, let me just correct you, I mean, you always pretend, like, you know, but I'm here to make you look like you don't know, but I know, right, yeah, and to make me look, you know, like, like, you don't know, I don't know, you're right, yeah, so, Indians were always doing it, but these days, it's kind of hard to access, or get access to this food, because it's only during the open hunting season, and people that hunt for alligators need to have a license, so it's a little bit more sophisticated, but they, from the tail, there's the pieces on the top of the tail that are used for this, you know, this delicatessen, and it's only during the certain, you know, months of the year, so unless you freeze it, then you're probably gonna have it fresh, exactly, in some of the places and restaurants, there's not many of them around, but it tastes like a chicken, yeah, everything tastes like chicken, although I never say that, because gator tastes like gator to me, yeah, well, it tastes like chicken, all right, everything tastes like cabbage, do you know what that is? No, and it's, I just learned today, so we're in the know, why don't you share that with me? It's called Heart of Palm, and it's been eaten for hundreds of years, the leaves of the branches of the palm were used to construction ever, historically known for being part of the many early folks, in fact, one group of early Americans was able to repel British army attacks because of really, yeah, so part of the palm that used for construction, they also eat and they make, you know, oh, that's right, it's, they have it in cans, right? Yeah, yeah, so that's, that's, you know, the palm is all around us, we just don't know which one it is, I know, and that's just, you know, I guess back to Indians, yeah, game, there you go, conch fritters, oh, I love crunk fritters, and those things are fried also, did you know what they call that? Escargot of Florida, that's right, because the actual meat is actually a snail, most people probably wouldn't eat it if they'd known that, but usually it's chopped up and put in a fritter, a batter and fried, it's delicious, you ever had it? I don't think so, because I don't eat seafood, I don't play the balls, and I don't watch TV, would you like me to bring it so you can try it one time, it's more like a hush puppy, let me bring it, you can have it, okay, no, I don't, I don't eat seafood, well I love them, and whenever I have a go to a restaurant that has them, I try to make that my appetizer, the dish originates from Bahamas, but it's, it transfers to the kivas, that's where it starts, you know, spreading north from there, so it just gives you an idea, fried green tomatoes, oh I love it, you ever seen that movie, no, which movie, it's a movie, fried green tomatoes, but anyway, they're delicious, you ever had those, you don't like fried food, no, I don't eat much, you eat fried chicken though, well the chicken tenders, you eat fried chicken too, not much, if I bring fried chicken here to you, you're gonna eat it, I'm gonna get you Popeyes, I don't think I've ever had it, yeah, well I think I'll bring you some Popeyes, you might like it, I'm not a big Kentucky fried chicken fan, well we're gonna talk about it today, remind me, okay, yeah, all right, when we're gonna go into the national days, something important you need to know, okay, public subs, that's really interesting, yeah, you know what, I really like their bread, because bread is a sandwich, and we are, we were able to even make better sandwich with our ciabatta bread, oh yeah, and we're getting, we're getting actually, reviews, I mean a lot of people just love our sandwiches, because the ciabatta bread comes out crispy, so crispy, and we balanced all these flavors, you know, we have, strategically, yeah, we have mustards, we have tomato, greens, pickles, European pickles, meat, cheese on the sandwich, I mean, you know, we just balanced it so nicely, the sandwich from Publix is good, but it's just, I think, too big, and also, you know, there's just a lot of bread in it, right, and our sandwich is not that much bread, but it's more crispier, so it's more like a baguette, crispier type of thing, and I just love our ciabatta, I love the little charred bit a bit on it, it's just, the flavor is great, yeah, well, then we invite people, oysters, yep, and then we have a lot of oyster bars around here, Pelican Larry's is known for it, I'm not a big raw oyster fan, I like them fried, and I like them on bread, yeah, well, a sandwich, a poor boy, somebody just posted something on the social media, how they were trying to eat oysters, and they see these little maggots coming through it, after they put lemon on it, I never had oysters, I don't like them, so if you are going for oysters, be careful, make sure you don't get it because they are raw, so it could be a lot of parasites and a lot of bacteria, so just be careful, you know, it could be a problem. Strawberry shortcake, yes, well, what do you tell me? I love it, you don't like it? I like it, I like the cake, it's usually a shortbread cake, little round circle, some people make them scratch, you can buy them in grocery stores, and you just cut up your strawberries, you can add a little syrup to it if you like, to make it a little sweeter, I like to just have mine fresh with the strawberry juice, and then whipped cream, now I would love to have your special German whipped cream on one of those, and a little touch for me is to sprinkle a little bit of nuts on top of it, that's my own personal way of doing strawberry shortcake, but I love it. Great idea, but you know what, it's really interesting to know that strawberry shortcake came from Florida, and it's from town that is called Plant City, and it's the smallest town in Helzberg County, about 15 minutes from Tampa, and they produce 15 % of the strawberries sold in the United States.
The Eric Metaxas Show
A highlight from Larry Taunton
"Ladies and gentlemen, are you ready to listen to a man of grace, sophistication, integrity, and whimsy? Well, so are we, but until such a man shows up, please welcome Eric Metaxas. Welcome back, folks. This is Eric Metaxas, and welcome to the show. It's hour two. I continue talking to John Smirack, and after this segment, we'll bring on Larry Taunton to go over the news of the day and other things, but the news of the day being Tucker Carlson's mind -blowing interview with Larry Sinclair. Absolutely insane, insane that we're hearing about this for the first time 15 years after we should have heard about it. And the country's a different country because the media and the Republicans just squashed this information because they think you're too stupid to be able to process it on your own, so they have to censor it for you, scandalous. Okay, John, you were talking about something else. I was saying that Winston Churchill had a lot of flaws. He had been a warmonger in 1914. In 1923, he was hostile to the Germans, even though they were the Weimar Republic. He was an anti -German jingoist, but in 1940, he was the indispensable man, the only man who would stop the British from surrendering after France fell and cutting a disgraceful deal that let Hitler essentially run Europe. He was the indispensable man for all his flaws. And there were people in his party, the British Conservative Party, who wanted to push him aside and make a deal with the Nazis because it seemed like the prudent and sensible thing to do. That is exactly when you hear pious Christians condemning Donald Trump saying, well, he's got this terrible moral character. And he says, he puts out mean tweets. They wanna shove Winston Churchill aside and make a deal with the enemies of freedom and surrender to them because they find things unsavory about Donald Trump. And that's what's happening potentially in the Texas Senate right now with Ken Paxton, a heroic defender of religious freedom and the unborn and America's borders and election integrity. He's being savaged from the left by people who hate all those things and attacked from the squish center by the Bush family, which just resents him for beating one of their family members, George P. Bush, in an election. So you've got the most disgusting squish rhinos on the one hand and the far left cooperating the way they cooperated in the election of Obama. So that is my latest political article, but I've got a much more important piece I'd like to talk about. Sure. It has to do with our Lord and savior, Jesus Christ. Was Jesus a sinner? Do we get to say that Jesus was a sinner too? I can't wait to hear where you're going with this one, John Smirack, what do you got? This is a theme I've seen first in mainline Protestant preaching and then in some woke evangelicals. So now of course it eventually filters down to the Vatican. One of the closest advisors to Pope Francis is Father Antonio Spadaro. He runs the semi -official magazine at the Vatican, La Civilta Cattolica. So he is like Pope Francis' right -hand man. He gave a sermon just recently about Jesus' encounter with the Canaanite woman. And I think we all sort of remember that story, this Canaanite woman whose daughter is possessed by a demon starts basically pestering Jesus for a miraculous cure. And Jesus makes her jump through a bunch of hoops. He tells her, look, I've only come to preach to the lost children of Abraham. It is not fit to give to the dogs the bread that is meant for the children. And when we read this, I think we're all a little shocked by it at first. Jesus doesn't sound very nuts. And we're like, wow, what is this? What is this about? I think it is one of those hard sayings in the gospel that we have to think through that challenge us. Jesus was not acting like Oprah here. He was being kind of a hard guy, kind of a tough guy. He makes the woman, basically she gets to the point of saying, but even the dogs get the scraps that fall from the master's table. Then Jesus praises her for her persistence and for her faith, and he heals her daughter, just remotely, heals her daughter. A happy ending. Well, Father Antonio Spadaro, Pope Francis's right -hand man, gave a sermon recently where he says Jesus does not care. He calls Jesus angry and insensitive. He says that his hardness is unshakable. He said that Jesus replies in a mocking and disrespectful way towards that poor woman, because he's apparently blinded by nationalism and theological rigor. But - Hold on, hold on, hold on. You're telling me that one of the top priests at the Vatican genuinely publicly disapproved of the behavior of Jesus of Nazareth, our God. He said that Jesus is giving in to his own racism and nationalism, but by the end, the woman, through her persistence, heals Jesus. He says, quote, Jesus also appears healed and in the end shows himself free from the rigidity of the dominant theological, political and cultural elements of his time. So in other words, the woman heals Jesus instead of Jesus healing the woman's daughter. Jesus's racism is rebuked and repents Jesus for his sin of racism. This is what Pope Francis's right -hand man is saying, but don't take comfort in the fact that you're Protestant. This crap has been around. Protestants have been preaching this for years. You would see it if you go to Woke Preacher TV, you can see videos of Protestant ministers saying this five years ago. Well, first of all, the word Protestant is meaningless because the Protestant church has been in the tank, since Dietrich Bonhoeffer was at union in 1930. I mean, we've had liberal, progressive Protestantism for about a hundred years, so - These are self -described evangelicals. Right, that's the difference. Some of these folks would be described as evangelicals, but they are woke and they're doing the same thing you're describing. But somebody that close to the pope to be saying this, unless you're exaggerating - No, I'm not exaggerating. I was quoting directly from the translation. So let me unpack what's going on here, okay? This is an attempt to put ourselves above Jesus to where we can judge Jesus Christ, because we're so enlightened and we're so intelligent and we have made so much progress. This is the ultimate rebellion, the ultimate new gospel of the Antichrist. And this is what is being preached in our churches where we can judge even the behavior of Jesus Christ. John, it's the clearest mercy I've ever heard. I mean, for somebody to be criticizing Jesus as having sinned even slightly, that goes against every doctrine of the church from the beginning. I can't imagine that this could be - That is what the Vatican is now preaching. So really what happened in this story is this woman is a Canaanite. She's a member of a fertility cult that used to sacrifice infants. So she basically is in a religion that worships demons. She comes to Jesus. The daughter she raised in the demon -worshipping religion is, big surprise, possessed by a demon. She asks Jesus for a miracle, a miracle, a suspension of the laws of nature. God is not some water tap. We turn it on and off. Oh, I need a miracle. Okay, thank you. She's asking for a miracle from a God whom she has rejected her whole life. He makes her jump through a few hoops to show her sincerity and then gives her a miracle. And yet these progressive Christians are so proud that they want to condemn Jesus so that they can feel superior to Jesus. That is the essence of liberal Christianity, where you are the ultimate authority and the secular culture around you are the ultimate authority. George Soros, Microsoft, Facebook, Harvard, Google, they are the authority. They judge even Christ. We have less than a minute left. It's just hard for me to believe that things are that bad, but it seems like they are that bad. I don't know how your average faithful Catholic could make sense of this. This is very, very disturbing. Well, we've had terrible popes before and we've had heretical popes before. We now have one who's probably the worst, most heretical in the history of the church.
The Eric Metaxas Show
A highlight from John Zmirak
"Welcome to the Eric Metaxas Show. I shouldn't tell you this, but Eric hired someone who sounds just like him to host today's show. But since I'm the announcer, they told me, so I'm telling you, don't be fooled. The real Eric's in jail. Hey there, folks. Welcome to the program. I am Eric Metaxas Show. If you're watching this by video, you can see that I'm in Miami. Actually, no, you can't see that. You can just see that I'm in a hotel room. I'm telling you, I'm in Miami. I'm speaking tonight at the Rusty Pelican. It's oversold. It's sold out. I don't know if people just show up what's gonna happen, but in any event, all the information is on my website, ericmetaxas .com. Today's show is gonna be really different because this morning, I woke up, and on Twitter, I saw Tucker Carlson's interview with a man named Larry Sinclair. It is so astonishing that I said, we are gonna change our programming for the day. I was planning to talk to John Smirack and to Larry Taunton, who are friends and who are regulars on the program, about other things. But then I said, no, this is as big a news story as it gets. It's breaking news, and so I'll tell you now the gist of it, and then I will talk to John Smirack first and then to Larry Taunton about what we're to make of this. So Chris Himes, since you're here, and you're not familiar with what we're talking about, so you can, as I tell you this, I'm telling my audience this because most people who are listening maybe don't know about this. Not everybody's a news fan. And this was aired last night. I didn't see this last night. I just happened to see it early this morning. But here's the bottom line. Tucker Carlson mentioned a few days ago that there were credible reports, like totally credible reports that a guy named Larry Sinclair had come out in 2008 when Barack Obama first began to run for the presidency. And Larry Sinclair said that nine years earlier, he had smoked crack and had sexual relations with Barack Obama more than once. And he couldn't believe that this man was running for president and talking about being a family man and on and on and on. And he said he should come clean on all this stuff. And so he was demonized and no one would cover this. In other words, this is one of these classic cases. And this is what I wanna talk to John Smirack and to Larry Taunton about because the interview that Tucker did with him yesterday, I guess, it aired last night and I watched it this morning, there's no doubt that this is true. In other words, you can quibble about the details, but what Larry Sinclair goes into is he basically says, I mean, he comes clean on his whole life and his lifestyle and so on and so forth, but he makes it clear that in the follow -up to this, that when he decides to go public with this, folks from the Obama campaign get in touch with him, obviously to crush this story, to say that we can't, we're gonna do everything we can to keep this out of the press because we know that Barack Obama will not be elected if any of this gets out. So they completely crushed it and crushed Larry Sinclair's ability to get this information out. And in the course of that, Larry was Sinclair in touch with somebody who was working with the Obama campaign, this was the openly gay choir director at Jeremiah Wright's church, and that he indicated that he had himself had relations with Barack Obama and it goes on and on from there. And for me, the question is always, what's the news here? What's the news? Because we live in a country now where you say, people can do what they want, but fascinates what me is how the media demonized this guy, would not cover this, was told by the Obama campaign, if you mention this, not only will you be denied access to the campaign of Barack Obama, which you want, but your whole organization, whether it's ABC News or whatever, will be denied access. So this is really, really ugly stuff. And so journalists did not cover what would have been, I mean, it's absolutely mind blowing when you watch the Tucker interview, you can judge for yourself, like, is this guy making this up? The details are just endless detail and with corroboration. And so I just was so amazed that this guy is now telling this story, now he has the opportunity to tell the story because we have free speech as far as Twitter goes or X, we have journalists like Tucker Carlson who are no longer under the Fox network where they can only report on what they're told that they can report on. So it just struck me as absolutely astonishing news. And so I wanna talk to Larry Taunton about it in hour two, I wanna talk to John Smirack about it in hour one. Chris, am I forgetting anything before we go to John Smirack? No, I don't know. What's your response? Well, I was just gonna say - What's the make of this? I don't know, I mean, I don't know at this date and time what sort of ramifications it has, what significance it'll, I just don't know, it seems like, where do things go from here is my question. Well, okay, and my answer to that is it just shows a really, really sick double standard that we no longer have journalists in America. In other words, Donald Trump, anything bad that he did, they jumped on it and magnified it times a million. Anything bad that Bill Clinton did, that Barack Obama did, the Barack Obama stuff, it's unbelievable when you hear the details that why doesn't every American know about this? Why doesn't every American know that he was a crack smoking bisexual actively during his marriage? I mean, it's one of those things that if you know it, you can process it, you can forgive it, but if you never hear about it, that's not healthy in the 21st century when every detail of everybody's lives is put forth as though the media is interested in telling the truth, except you find out that in 2008, they were interested in making sure that no one caught a whiff of any of this. And so I think for me, it just talks about, it speaks to this idea that we've all been lied to so thoroughly that it's just a wake up call for every American to say we've been lied to by people we trusted. We trusted journalists basically to cover stuff basically, maybe not exactly as we would want, but basically that they would give us the facts, but when they don't like somebody, they will crush them, they will make stuff up or they will take tiny details and magnify them and you will never hear the end of it, what Donald Trump said 11 years before he ran for president to somebody on a hot mic, they will act like he said that five minutes ago and it's the most important thing in the world. And that's all you'll hear. And when you have stuff like this coming up about Barack Obama from a few years before he was running for president, not one word. And I think it's a scandal, but it's a scandal of journalism more than it's a scandal of Barack Obama. It's an American scandal. And I think we need to talk about it. Anyway, Johnson America will be here in a minute to help us process this, but it's so sick. When you hear the details, you've got to watch it. It's just unbelievable.
Tech Path Crypto
A highlight from 1239. Bitcoin ETF Approved By October? Bloomberg Intelligence INTERVIEW
"All right, so today we're going to dive into some interesting stuff. I think you guys are going to like it. It'll be breaking down some of the ETF news that, of course, we heard last week and, of course, some of the interesting aspects around what was going on with BlackRock. We'll break all that down today. I think you guys are going to love it. My name is Paul Baron. Welcome back into Tech Path. Joining me today is Eric Balshunis, who is a senior ETF analyst over at Bloomberg Intelligence. Great to have you on the show. Great to be here. Thank you. Hey, Eric. So a couple of things I wanted to kind of touch on. Obviously, some of the things that everybody was looking at last week was, of course, the delays. The letters started coming in on Friday. We saw all that happening. There was a little bit of a slowness of the BlackRock news. Just your opinion. Why do you feel like that was happening in the way that it was happening? Yeah. I don't understand because BlackRock was up after some other people, or before them, rather. And so it didn't appear as though the delays were chronologically rate -based. It didn't appear as though the delays were based on size. There was no rhyme or reason. It seemed random. And BlackRock came a little later. And the weird thing is, on the site where they consolidate all of them, BlackRock was never added. Yet, on a different place, they did delay BlackRock. So I've long equated what I'm doing here to Jim Garrison, played by Kevin Costner in the movie JFK. There's all these things that could be something, like did Lee Harvey Oswald act alone? And in the movie, he uncovers all this, some legit, some not legit, circumstantial evidence that there was multiple shooters and a conspiracy. So this reminds me of one of those things that probably means nothing in terms of that. That said, just the fact that BlackRock filed is big, and that does mean something. And obviously we can get into that, but certainly BlackRock getting delayed and Fidelity, it shows that they just delayed them all. For a minute there, there was a thought that would delay some of the smaller ones and just approve BlackRock and or Fidelity. But again, we had thought all along this was going to be delayed, because this lawsuit happened like two days before. So it was not a surprise. If they're going to put them out, I think they need more time to work with the issuers and develop some kind of a game plan and make sure all of the T's are crossed and the I's are dotted. So that would not happen in two days. So no biggie. All right. So you mentioned, obviously, the fact that BlackRock is filing in the first place. That's really the huge news here. When you look at BlackRock's position of filing, along with other major proponents, we'll just use there Fidelity as well. And you look at the likelihood with this, obviously, they have a very low ratio of losses when it comes to our non -confirmed ETFs that they've filed. What would make, first of all, what would make BlackRock to have this much confidence to go ahead in this market, the way that this market has been evolving with Chair Gensler and everything that's been happening with the SEC, it's not, it doesn't feel like it's a slam dunk. Why would BlackRock go out on a limb? Yeah. So we have a couple of theories. The best, I mean, BlackRock is a publicly traded company. They're looking to make money. Larry Fink has to appeal to his board that he's doing new things. And it does feel like BlackRock was full on into ESG. That kind of has died a bit. And it seems like this might be taking its place in terms of something BlackRock can do to grow its business, because you cannot make money battling Vanguard in terms of selling like cheap beta ETFs, because even at three basis points on $100 billion, it's not a ton of money and it's not a high growth area. It's growth for assets, but not necessarily for revenue. So we think they're obviously motivated by having a new area they can launch in. Vanguard will probably never launch a Bitcoin ETF, so they're worried about Vanguard there. They could charge a decent fee and they can make it have a new revenue stream. So I think that's largely their motivation. I also think Larry Fink, in my opinion, has heard some back channel that he thinks the U .S. is losing the sort of global battle to be a leader in the crypto space. And I think that frustrates him to a degree. So I think those are two reasons. Back to the revenue, though, think about this gold ETF GLD was launched in 2004, I believe. To this day, it's still the third highest revenue generating ETF, even though there's many cheaper ones. And the reason is, if you could be the big one that has all the liquidity or a lot of it, that gives you pricing power. You don't ever really need to lower your fee because there's just so many investors who just prize liquidity above all else. So we think BlackRock thinks they have a shot to be the one, the GLD of Bitcoin, and that that's going to be a nice little business for them. And we were talking, if it had the same assets as GLD, it would be, again, top five revenue generating ETF. GBTC, by the way, which isn't even an ETF, if it were, it would make the same money as GLD. So like two, GLD and GBTC are in the top five if you ranked all ETFs by revenue. And so I just think that's their primary motivation. I think they also like, what they tell you publicly is they're in the business of sort of democratizing investing and bringing down frictional costs. And I do believe they believe that and they would do that in this case. That said, I think revenue is definitely a motivator. Yeah, for sure. OK, so a couple of things you mentioned there. One, of course, is Larry Fink's position around ESG. He has been a very strong proponent of sustainable governance throughout the last few years. You know, in his letter to his investors over the past couple of years, that's been a big part of it. Now you move into Bitcoin. Bitcoin often accused as one of the most non -friendly carbon neutral tokens and projects out there. But yet at the same time, you have BlackRock potentially on the lead position here for an ETF. How do they balance that out? I get it that they've kind of backed off the ESG message. But how do you balance that out to the investors? Look, I mean, I'm just going to be frank. A lot of ESG, if you get too moralizing when it comes to ESG, it's tough because guaranteed you do something that makes you a hypocrite. It's just the way it is. So I think they backed off a little. And ESG ETFs haven't really sold that great. Even BlackRock took money out of its own ESG ETF from its models. Let's just face it. All this evidence is pretty strong that the term ESG is under pressure and ESG investing, I think, is also going to face some headwinds for like, what are we really doing here? How does it actually impact anything? It just, you know, I've seen this happen. This trend gets a little ahead of its skis. The media love this story. They really hyped up ESG. It's going to save the world. The millennials are into it. And then, boom, it started underperforming and it got political. And so reality set in and it's now going to be probably relegated to a very niche status in the ETF world. One to two percent market cap of the total. I mean, I look at it just in the sense of, hey, it's a capitalist market. Capitalists are going to do things that capitalists do, and that is find where the market flows. And this is obviously what's happening right now. A couple of things you had mentioned around the potential of this ETF going through. I know your percentage right now with you and James has been climbing. Have you changed your position since last Friday before the holiday in terms of percentage of approval? No. Seventy -five percent factored in the delay on Friday. We assumed that. We'd be shocked if they approved them. That said, we went from 65 percent to 75 after Grayscale. And the reason for that is in our 65 percent, we had a 70 percent chance likelihood that Grayscale would win based on our senior legal analyst. So the fact that they won gave us a little extra juice. The other thing is it was three to oh in terms of how that lawsuit was, the ruling came down. Two of the judges came from Democrats. That's really important because there are political workings here. Gensler has a Democratic boss. He is a Democrat. And if enough Democrats start to just move over on this issue and shift to the middle or to the crypto side, it makes Gensler's position more politically untenable by the minute. And so he could keep moving the goalposts legally, I think, as long as he wants. But it's going to begin to look more and more desperate and he's going to face more backlash. And this is a big deal for us. So we thought it was the decisiveness of the ruling, the language, like everything you said has to go out the window. Your whole reason for denial is vacated. And the fact that two Democrats signed on to that, huge. Then the second part was the media attention. Once every six or seven years, do I see ABC News or CNN have an ETF in the headline? I know this because ETFs are in their own little underground. Every now and then, though, something big happens. And ETFs were all over mainstream news. New York Times, ABC, Washington Post. This also matters because the headlines were like, SEC loses, paves way for spot Bitcoin ETFs. Well, now people are just sort of thinking this is going to happen because the New York Times said it and people on Capitol Hill read this. They don't necessarily read crypto trade publications. mainstreamness So the of the media attention and how they were presenting it also made us think that the pressure would increase. And our senior litigation analyst looked at the legal side and determined the SEC has very little wiggle room. That was his words. So when you add the PR aspect to the legal aspect, that's where we upped it a little bit to 75%. That still leaves 25 % for this theory, which is that Gensler being potentially a stubborn guy and or just truly, truly not feeling this should ever happen, even though, again, the stuff that's come out is way more dangerous, 2x Bitcoin futures, come on. Anyway, what he might do is he might lock into some other reason, like custody. I don't know what the custody is safe, then he might start to look at how custody could delay these further. And he may make that the next denial. Like I said, it's going to look more and more desperate every time they latch on to a new issue, but it's possible. And that's why we leave the 25 % opening for that. I want to jump over and onto the Grayscale side of things. From an analyst position, and you look at Grayscale's current scenario playing out, obviously there's a little bit of lead time here. Maybe they do some changes in the way they submit a spot ETF. What is in the future of Grayscale's potential of getting into the ETF game? So Grayscale is going to be tricky. We have this phrase that Grayscale may win the case and lose the race. I'll make some of those things rhyme if you're a headline writer. But anyway, Grayscale is a private placement trust that was just for accredited investors. We've never seen anything like that just, boom, become an ETF. We've seen mutual funds convert to ETFs. I think one closed -end fund converted to ETF, separate accounts, but I guess it's possible. It's just unprecedented. And given you just embarrassed the SEC, it's possible the SEC says, let's make you refile and get in the back of the line, and we'll prove all the other ones first. So this has been somewhat of our theory all along in why BlackRock filed. BlackRock saw a scenario where, I doubt the SEC told them this. That would be a little, I think that's illegal, but let's just say BlackRock thought of this whole scenario, which is, you could see this is a pretty viable thesis. Hey, let's file, because if the SEC loses to Grayscale, you know they're going to be pissed off at Grayscale pursuing them and embarrassing them. And maybe if we're sitting there waiting, just, oh, hey, by the way, SEC, if you want to use us and our new surveillance sharing agreement that we put in here, which is kind of novel, as an excuse as to like why you never approved Grayscale, and you can make them wait, and you can leave this whole thing with the adults in the room of BlackRock, right, you know we're not going to mess this up. I could see that appealing to the SEC, and I could see BlackRock seeing how that would appeal to the SEC. So you get to save face and kind of enact a little revenge on Grayscale in the process. Now, possibly Grayscale could sue them again for that, I don't know. But I see how that would possibly be one of the reasons BlackRock thought they had a route to approval first. Interesting. Well, I think in that kind of scenario, I mean, it makes sense in the essence of this being such a political landscape as it is right now, because you're right, it's all really kind of a card game right now, especially around the issue of ETFs. I want to get into the potential of the impact on the market. And I remember in a podcast you had mentioned potential here around $20 billion in the first couple of months, $150 billion in the first year or two. When you look at that market, do you feel like that is where this, this I'm assuming with BlackRock leading the way as kind of the premier ETF? Yeah, if you have a BlackRock ETF, okay, that's prime time. I mean, we have a saying on the team that BlackRock and Vanguard ETFs are the new IBM. And what I mean by that is if you're a 65 year old financial advisor and you were a broker 30 years ago, it used to be said, you could never get fired for buying IBM. It's just, it's just too good. It's like all American company. No, none of your clients are going to be like, what did you get me into? Now it's, you can't get fired for buying a BlackRock or Vanguard ETF. It's just, it's too good a deal. It's just too bulletproof. Whereas if you went into some crazy hedge fund and stuff, they make it mad, right? But BlackRock and Vanguard ETFs, solid. So once you put it into a BlackRock ETF, it sort of goes into this, it elevates it, I think, for the financial advisors who are like maybe willing to use as a hedge or an alternative, or they have younger, you know, their, their clients' kids are into it. And they're like, ah, now, now I feel comfortable, safe and willing to do this because I use ETFs in the rest of my portfolio. I trust BlackRock. I certainly don't want to custody it myself. They're going to do it. I feel safe with them. The fee's not that bad. It costs one basis point to trade, to trade. I think that's very powerful. And so when I come up with the 150 billion, here's the math, right? One is that's about how much gold ETFs have. Two is if you take advisors and wealth managers, they have $30 trillion that they run for the rich boomers of America, basically. If only 0 .5 % of that comes over, that is 150 billion. So that's, I think, pretty fair because I think you have some advisors who might allocate 2%, but then some that just find it to be repelling and do nothing. So I think 0 .5 to me seems like a pretty fair number. Even it could be low. That's how I get to the 150 billion over time. And gold is about there. So GBTC has 20 billion. So I think you could, let's just say that moves over instantly. That's where I get to the 28 billion pretty soon because either the people move or it just converts over. And then you get BlackRock Fidelity, you're adding to that. And I think also they'll steal some business from the exchanges, frankly. I think if you're in a crypto exchange and you're charging 30 to 150 basis points per trade, this ETF trading on NYSE at one basis point is going to be appealing. So I also think institutions could get into it, especially the one that becomes very liquid because I wrote a book called The Institutional ETF Toolbox. And institutions don't need ETFs generally. They can get everything on their own in separate accounts for almost cheaper than ETF. And they like it private. They feel like ETF is kind of like the dirty public pool down the street. That said, what the ETF does have is even an institution can't resist this liquidity. And it's also anonymity. So if an institution wants to get short or long crypto quickly, it would use this most liquid Bitcoin ETF as a way to put that trade on. We see that happen with GLD all the time. If you look at GLD or SPY, these are things that institutions can get. But the liquidity in them is great because they can go in there with no contracts, anonymous. They don't move the market and they can just get that into their portfolio quickly. So the most liquid spot Bitcoin ETF, I think, will even draw big fish in. So you add a lot of that together and I think you're looking at that much money. Now, let's say there's another FTX that could delay some of this. But I was pretty impressed at how quickly Bitcoin, how resilient Bitcoin was to FTX. It was in the gutter both PR and price wise for a little bit, but not that long. Like I said, Bitcoin, even though I don't understand every aspect of it, I respect its resiliency. It just keeps coming back. Yeah, it's one of those that has made its way finally into the mainstream. Now, I think a lot of this has been legitimized with companies like BlackRock obviously getting involved. But to your point, before we go on to other ideas around this, because there are other components key here that might make sense for how successful BlackRock might be. I wanted to go to James Saffert's post here, one of your colleagues there. Some of the key dates that, let me zoom in on that, you're going to look at a couple of dates here. You've got iShares coming in on 10 .17. There's quite a few coming up right here in the middle of October and even early October with GlobalX. They've got a refiling, I think, coming in. Anyway, when do you think the next potential timing would be for a lot of these potential ETFs to maybe get a green light, if there was a window here? Yeah, so I've got to be honest, I like October because, I don't know, first of all, it gives the SEC two months to work this out, roughly. October is when the Bitcoin futures ETF launched. We're also going to have a whole slew of Ether futures ETFs in October. As you get closer to Christmas, I think maybe the odds go down a little because the holidays hit. October is just a very vibrant month in general, and you've got a slew of deadlines coming up in October. But I sometimes put the deadlines aside and I think that, because if we're going strictly on deadlines, and they want to punt, punt, punt, the first deadline is ARK in January, final deadline where they have to approve or deny. And I don't know if they want to put ARK out first, and that'd be two months ahead of anybody else. They'd be playing Kingmaker. And I think after Bitto, they let Bitto out first like a week before Valkyrie, and Bitto has 95 % of all the volume assets. So I don't think they want to play Kingmaker here. So my guess is they're going to scrap the timeline and we're going to wake up one day and hear probably going to be a scoop or from Coindesk Wall Street Journal or something, or Bloomberg hopefully, that the SEC has decided to say okay to these and they're going to work it out. They'll launch in two weeks. That's my gut. I just don't know if they punt in October and they keep punting and they get to January and they actually deny ARK. I don't know. That makes it feel like just every other denial that's ever existed. So I don't know. I'm leaning towards we're just going to wake up one morning and we're good. I could be wrong. How does this play out, Eric? If that were the case, let's go the absolute negative side of this and they do punt and they finally go to the deadline. They don't push out ARK. They basically do a denial. What does that look like on BlackRock's record? Does BlackRock even worry about that at all or are they like, hey, this is getting out of hand here? You mean if BlackRock's denied in October again? No. I mean, look, what can they do? There's not a ton they can do. Well, if they approve others and let BlackRock, that would upset them, I think. But as long as they're in the group, their main goal is to be outburst. I think their goal is to be one of the ones launched on day one. So as long as that happens, whether it's in October or frankly next year, I'm sure they're fine with that. Now, I think the longer you wait, the longer you get into the situation of what I think also bothers Larry Fink, which is the US is behind the rest of the world in this big time. They've got spot Bitcoin ETFs all over the world and they work fine and they have less liquidity from big time market makers like we have here. So if they can work well during overseas a period like FTX and the percent premiums are pretty tight, they're going to work here. And this is why ETFs are so good. They allow arbitrage. And so I think by releasing the ETF in the US sooner rather than later, it just makes a lot of sense in terms of that race with the rest of the world. But again, Genzer clearly is tough. But the last SEC guy is Jay Clayton. And he said on CNBC after the Grayscale ruling that they have to approve them. It's inevitable. JP Morgan, my colleagues in the sell side, who I'll just say this. I feel we stick our necks out a little more and we're trying to be progressive. JP Morgan now finally after Grayscale says, yeah, they're probably going to approve them like, well, OK, well, welcome to the club. We've been here for a little while. Yeah. Very conservative position. Yeah. And Bernstein said the same thing. But again, as you get these bigger banks actually coming out, again, the narrative then becomes the SEC is approving them. And so, again, it's almost like a self -fulfilling prophecy at some point, especially, again, as you see headlines in The New York Times, it paves way, paves way.
The Bitboy Crypto Podcast
A highlight from Who Is Worse? Blackrock Or The Catholic Church (Biggest Money Cartel In History)
"Are you ready to wage a war without end against you? Are you ready to wage that war armed with nothing but bottomless poverty? I didn't think so. In that case, stop talking bullshit. And get yourself some shoes, because the air in here is unbreathable. Money corrupts, and that's not news. Today, it's Black Rock, Vanguard, and State Street. But not too long ago, there's an entity that held even more power than those multinational conglomerates. We're going to take a step back in time to the Catholic Church of the Renaissance and learn how it basically controlled everything it touched and how the game has stayed pretty much the same through the 21st century. We may just find similarities to how banks, hedge funds, and the uber wealthy elite wield political power today. Let's get it. Now, before you get your commenting fingers twitching about how I'm being mean to Catholics, know that I'm just talking about a political institution 500 years ago. I'm not talking about Catholicism as a religious practice or the church today. You do you when it comes to religion. This is America. Okay, now let's get back to the Renaissance. One big similarity the old school church has with our tradfi overlords is the emphasis on secrecy. Both institutions are shrouded in mystery. No one really knows their entire net worth or their intentions. Well, other than maintaining the status quo so they can rake in as much money as possible, both the Catholic Church and the banks have covered up scandal and corruption time after time so they can continue business as usual. Back in Da Vinci's time, there are all sorts of rumors of popes and other church officials not exactly keeping up with the Christian morals they were preaching. There is abuses of all kinds, incest, orgies, mistresses, bribery. We're not even talking about the polycule. You name the sin, the Renaissance popes were probably doing it. There is even a pope who supposedly drank children's blood. And that same corruption seems to be rampant within the banks and hedge funds in modern times. JP Morgan was found to be handling the payments between Epstein and the people he was trafficking with. In fact, the number of billionaires with connections to Epstein are startling. What were you doing on the island? And we'd probably hear more about similar corruption and scandals within Black Rock, Vanguard and State Street if they didn't own basically every news organization in the US. But we'll get to that a bit later. For now, the big boys just pay a lot of fines for doing bad things. And that brings us to the first tool you need if you want to control everything. Here's a hint. It's all about the money. Have you ever heard the phrase, money is power? Well, I'm pretty sure the Renaissance Church invented that concept. Most economists reckon the wealth of the modern day Catholic Church is actually immeasurable due to all the priceless artwork, artifacts and the money laundering going on. And the reported $30 billion net worth is still high despite countries going through a Protestant Reformation during the Renaissance and subsequently reclaiming church lands. So just imagine how much land and property the church owned back when Catholicism was the only thing on the Christian menu. Although it's really hard to know for sure just how much cash the pope was raking in during the Renaissance, economists estimate it would be a little over $40 million annually in today's terms. And remember, this income doesn't include the land or artwork they're receiving as gifts or claiming by force. This gave the pope the kind of capital countries are usually playing with. And thus, the church had the same power as monarchs. Some would argue even more. And folks, we may have ditched the funny tights and corsets or maybe you have, but we have the same kind of issue today. Vanguard, Black Creek and State Street manage almost $20 trillion, which is almost more than the U .S.'s GDP. And not only do they control more wealth than most countries in the world, those hedge funds are also managing wealth for countries, which creates a vicious, incestual cycle of corruption. Back in 2016, Forbes reported that the wealth gap is worse today than it was in the Middle Ages. And that's not very hard to believe when we know the top 1 % holds 15 times more wealth than the bottom 50 % of America. And during the COVID lockdown, the 10 richest billionaires doubled their fortunes, while 160 million people fell into poverty. So how did both the uber wealthy of the modern day and the ancient Catholic Church amass this kind of wealth? Well, the church had millions of people tithing 10 % of their income. Doesn't this sound a bit like the interest we pay banks on loans and banking fees? And 10 % is nothing in comparison to the types of interest we pay just to exist in the modern world. The highest credit card is over 30%, and most of us are paying somewhere in the 20s. And because the Fed is raising rates, other borrowing is getting more expensive, too. Student loan rates have increased, and taking out a loan to buy a home is nearly impossible these days because rates have almost tripled. mortgage rates haven't been above 6 % since the housing crisis in 2008. And yet, somehow, it's only us plebs who are paying these kinds of rates to borrow money. The corporations like BlackRock and JP Morgan take out loans with nearly 0 % interest. In fact, the wealthier you are, the less banks deem you as a risk. So you get the best rates. But in reality, this turns into a vicious cycle where the hyper wealthy hoard more money and the poor can't afford to borrow. Right now, the average interest for a personal loan is between 6 % and 36%, where the average interest for businesses is 2 % to 13%. Interest is leveraged against the average American the same way the Catholic Church used to leverage Ursary Usury is the practice of charging interest, and it used to be the biggest sin you could commit. But the church got creative with how it weaponized usury. It didn't go after wealthy banking families like the Medicis, who supplied the church with gifts and managed church money for free. The church conveniently cracked down on the practice so that the lower classes wouldn't have access to the extra capital that would give them the opportunity for upward mobility. It's wild how the past is so similar to our present. Why do you think day traders and TradFi have to keep at least $25 ,000 in their accounts? Supposedly, it's to protect the poor from the volatility of the market. But the way I see it, it's just another method of keeping smart people from changing their economic circumstances. And who do you think pressured the SEC to create that law in the first place? I'm willing to bet it was a giant money manager like State Street, Vanguard and BlackRock. They would like to have a monopoly on trading and hand all of us regular Joes a measly little 0 .01 % or whatever the bank interest is these days. I say no. And I want more than a toaster. And speaking of monopolies, the Catholic Church had a monopoly on salvation during the Renaissance, so people couldn't exactly go around negotiating that 10 % tithing rule or what exactly counted as a sin. It's really similar to how we can't really negotiate modern prices in this supposedly free market. The monopoly aspect is something the church and our wealthiest modern day corporations have in common. Look at the bank failures recently. Despite Jamie Dimon claiming the smaller banks are good for our financial ecosystem, Chase was very quick to gobble up the banks that went under. If we weren't there already, we're scarily close to a bank monopoly. Another way the Catholic Church made money was selling indulgences to rid the nobility of their sins. The Renaissance nobility were up to some shady things too and needed to be seen as moral so they could stay in power. The most corrupt nobles could buy a spot in heaven by donating land or commissioning artwork. Doesn't this feel a lot like government subsidies and contracts for major corporations? Hey, you want to look like you support green energy? Give Elon Musk millions to play with. Oh sure, Blackstone, we'll subsidize your billion dollar debt with taxpayer money because it makes us look like we're stimulating the economy. No problem. Another modern means of absolution is corporations using carbon credits to pay off their climate sins. This is how companies like Exxon have a higher ESG score than Tesla. They know who's palm to grease. Another great way to amass incomparable wealth is to be able to claim yourself as tax -free. If you can pull that off, it's an amazing feat. Just ask the NFL. Throughout history, the Catholic Church found ways to skirt taxation by the state and that practice is alive and well today. Do you think Bill Gates and Jeff Bezos are paying income taxes? I hate taxes. You hate taxes. We all hate taxes. But in our current society, we pay them. And it's a little more than unfair that the wealthiest among us are acting like they're tax exempt. Both the mega wealthy and the Catholic Church of the Renaissance controlled education and access to information. So kind of like mind control. The church kept their religious texts in Latin to keep the masses from being able to access it themselves. We already talked about how they also chose a lot of their sins to maintain the status quo in social hierarchy. It's a sin if you don't hit the like button. Similarly, corporate lobbyists have forced the government to slash education funding. That combined with other factors have made tuition exorbitantly high. We already talked about the student loan issue. Most people can't even afford college anymore. And if you take your education into your own hands by trying to stay up to date on news and media, you'll quickly realize almost every media company is owned by major corporations who have BlackRock and Vanguard as their primary investors. So you can't always trust what they're telling you because they have an agenda to stay in power. That's why it's hard to find information on the full extent of the corruption of the likes of BlackRock and Vanguard. I'm sure many reporters have pitched stories that have been shut down by the shady higher -ups. But here at BitBoy Crypto, we're proud to bring you the content that can't be bought by dark Wall Street money. Finally, that brings us to the third way the church and finance sectors control the world. It's not what you know, but who you know. And you know me. And I know you know that I know you. Political wheeling and dealing. And if that doesn't work, position your family members in places of power. Every royal court and government had pupil ambassadors that would ride back and forth through the Vatican and other church lands negotiating with church officials. That sounds a lot like a very early version of a lobbyist to me. And because as the head of the church, the pope had immense power, he was able to recommend marriages, which usually involved installing a member of his family at a high position. Pope Alexander VI married his daughter, Lucretia Borgia, off three different times. He simply annulled her first marriage when her husband was no longer politically advantageous and the Borgias may or may not have been responsible for murdering Lucretia's second husband. Pope Clement VII married one of his family members, Catherine de Medici, to the future king of France, which was a helpful political alliance during a time fraught with Protestant uprisings. This should all sound very familiar because the majority of our politicians, no matter the political party, have familial or social ties to banks, hedge funds, and the uber wealthy elite. There are so many examples of this, we can't list them all, but here are a few to sink your teeth into. George W. Bush had an uncle who provided discreet banking services for people in Washington, DC, and his brother Jeb also worked in banking before politics. Then you have the Clintons, whose son -in -law is an investor at a Texas private equity firm. Trump is friends with all sorts of sketchy billionaires across the globe. And look at Jared Kushner. And then you have Biden, whose son Hunter has been a hedge fund principal, venture capitalist, private equity fund investor, and painter. And now we have even more of Jamie Dimon's shenanigans. He doesn't have enough power running the largest bank of America. He's thinking of going into politics? And remember, guys, political corruption is like an iceberg. The evidence we have is just the tip due to how good they are at covering their tracks. And the Renaissance pope's habit of just making princes is exactly what our financial overlords do today. Pope Leo III crowned Charlemagne the Holy Roman Emperor out of nowhere, and Pope Alexander VI made one of the sons he had with his official mistress, a prince who supposedly inspired Machiavelli's The Prince. I don't think he inspired the artist, though. BlackRock and the likes are making princes, too. This is where we get into the modern day campaign financing, where it costs millions to be democratically elected prince. In 2016, only 158 families controlled 50 % of campaign financing. Our biggest banks spend millions on campaign financing for Republicans and Democrats every year, and that's just the money they actually report. There's a bigger, more illicit pool of dark money that controls politics. And if you think they're spending billions on these politicians just to be nice, think again. Nobody spends something for nothing. Billionaire Bernard Schwartz is quoted as saying, I don't ask politicians to do what I say. I want them to hear me when I have a problem. And according to Vanity Fair, BlackRock's CEO Larry Fink loved to go around saying that he told Washington what to do. Doesn't all this sound a bit like the Catholic Church saying, Well, you technically can do what you want, but if you don't do what I say, your soul will spend eternity in a very hot, not -so -nice place. You don't want to know where that poker goes. And now we get to number four on our list. It is better to be feared than to be loved. Also known as scare tactics. If the immense wealth, information control, and political corruption wasn't enough to scare the living daylights out of you, the Renaissance Catholic Church took it to a whole other level. The way the church portrayed hell through artwork and story was absolutely terrifying. Of course you're going to do whatever the Pope says to save yourself from eternal damnation. And the banks and hedge funds do this too. Make sure you have an IRA because if you aren't getting our measly 5 % every year, how will you possibly be able to retire? Don't worry, that number barely covers inflation on a good year. And if you don't buy things with credit cards or open a car loan and pay his interest, you won't have credit to buy a house later. And finally, this one's my favorite, guys. If you don't bail us out, the entire world will explode. We're too big to fail. And now we get to the final element you will need to succeed at controlling everything. Drum roll, please. Military power. Plato said, All wars are fought for the sake of getting money. And folks, he was probably right. The Pope would also deem certain wars holy and approve military actions. When Henry VIII left the church, the Pope excommunicated him and told his people that rising up against him was holy because he'd gone against God. Pope Alexander VI issued the Enter Saterra, which authorized Spain and Portugal to colonize, convert and enslave the Americas. And sometimes the Pope would even command armies himself. Did you know the Pope raised and commanded the army that was responsible for the Crusades? So I guess that we can be thankful that the hedge funds and banks haven't started raising their own armies. But then again, why would they when they have the entire government under their thumb and they could spend the free time bathing in gold? Today, massive corporate institutions lobby in favor of warfare because it benefits them financially. Corporations have made billions from the war in Ukraine and the Iraq war was conceived to financially benefit oil companies and their investors. Just look how much BlackRock has invested in military weapons. $56 .74 billion. And you can't tell me they don't have a financial interest in the military industrial complex. That was a lot of info, guys. And I'm impressed you stuck with us for this trip down History Lane. I don't want to leave you on a gloom and doom note, however. Here's the bright side, folks. The Protestant Reformation did come as a reaction to the Catholic Church's corruption and power. And hundreds of years later, the church is still powerful. Nowhere near as powerful as they were during the Renaissance. We have the same opportunity to throw off the yoke of the banks and hedge funds that control our current financial system and government. That's where crypto comes in. No matter how much they try to manipulate the market, they can't control our gains, especially when we think long term. Do your research. Find out who the biggest investors are in the companies you buy from and patronize smaller businesses. Take your business or credit unions instead of feeding the pockets of the giant banks. Really question what politicians are telling you and push for campaign finance reform. This is a potential future where we all are free. That's all I have for you guys. DZ out.
Bloomberg Radio New York - Recording Feed
Monitor Show 12:00 09-03-2023 12:00
"Investment Advisors. Switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. And that is it for this edition of Bloomberg Best. I'm Denise Pellegrini and this is Bloomberg. Stay with us. Top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business App. This is Bloomberg Radio. This is a Bloomberg Money Minute. Just in time for back to school, a major textbook publisher is offering study tools based on artificial intelligence. Bloomberg reporter Charlotte Hughes Morgan says London -based Pearson PLC is introducing generative AI tools to support students using its online textbooks. It says the tools are not a shortcut. Instead of providing students with an answer straight away, it can guide students to an answer. Pearson's embrace of artificial intelligence came after another major publisher, Chegg, expressed concern that it represents a potential threat. Chegg warned that AI chatbots were actually threatening its homework help services because students were just going directly to chat GPT to get the answers they needed. For starters, Pearson is aiming its AI tools at the higher education market. This is the beginning of the journey towards the higher education rather than school age. Pearson says generative AI represents a real long -term positive to the company. Larry Kofsky, Bloomberg Radio. What is dedication? The thing that drives me every day as a dad is Dariana. We call him Dade for short. Every day he's hungry for something, whether it's attention, affection, knowledge.
Mike Gallagher Podcast
A highlight from Guest Host Carl Jackson On Our Two-Tiered Justice System In America
"We get it. You're busy. You don't have time to waste on the mainstream media. That's why Salem News Channel is here. We have hosts worth watching, actually discussing the topics that matter. Andrew Wilkow, Dinesh D 'Souza, Brandon Tatum, and more. Open debate and free speech you won't find anywhere else. We're not like the other guys. We're Salem News Channel. Watch any time on any screen for free 24 -7 at snc .tv and on local now channel 525. The Mike Gallagher Show. I built hundreds of miles of wall. If we didn't have it, it would be hard to believe it could be any worse. They're just letting people flow into our country. A country has to have borders. Some of the wall was up there and it would be laying on the ground rusted rotten steel, rusted rotten wood, and what the radical left crazy Democrats did. If there's a piece of wood laying down, they consider that a wall. I built because this is the game. They're a party of disinformation. In the ReliefFactor .com studios, here's Mike. Welcome back to the ReliefFactor .com studio. I'm your guest host Carl Jackson sitting in with the great Mike Gallagher and Joe in Kentucky, Louisville. I'll be going to you in just a second here. If you want to call into the program 1 -800 -655 -MIKE. 1 -800 -655 -MIKE. I just want to comment on that video, the last video that you saw on SalemNewsChannel .com with former President Donald Trump in that CNN town hall that he did with the lady that just got taken to school even though she tried to take him to school. That was so annoying. I could barely take that interview. Do you realize the Biden administration, a lot of that new material that we purchased, they've literally sold a lot of it off. They've sold it off. Even to try to rebuild and keep in mind when Trump says rebuild, a lot of the wall was being fortified. He didn't literally build hundreds of miles worth of wall, unfortunately. I wish he had the left and unfortunately some rhinos did everything they could to slow the border issue down. That's something that has to be started all over virtually again with the exception of the 40 plus miles that were added because the Biden administration literally are continuing to sell off some of the material. Some of the some of the material is just setting still not doing anything but they're selling it off. They did they did the same thing as a matter of fact with material from the Keystone XL pipeline. Just so you know how evil and disgusting and despicable the Biden administration and his leading up to this and this show. I'm going to show you how and thank you Tracy for reminding me the the woman was Robin from Hawaii from the state of Hawaii. I don't recall what island and and Derek you're right. I think more more people need to read the left so we understand what the left is doing so that we're not fighting so harshly against each other because I really do believe and I understand you want Trump to win. I got it. Fight for him like heck and you should and you should but there's a mistake I believe in sabotaging Adron DeSantis. I think there's a mistake in in in in saying nobody else should compete in the race and I'm not going to lie with you lie to you. I I don't want a lot of those people on the stage. The only people frankly that I care about and I know I'm going to offend some people out there are Trump DeSantis and Larry Elder and I'll tell you why and and I want to bring I want to bring I'll tie all this together. I promise you and Joe I promise you I'll get to Joe and Louisville, Kentucky. I'll be coming to you because you got an important call here that I that I want to take on but there's a reason why I I say Trump DeSantis and Larry Elder and I'm okay with those three. I'm okay with those three hashing it out. Now I do live in Realville you know Rush Limbaugh was the mayor of Realville. If I'm looking at the polls even though I I know that the polls are skewed I know that the polls are wrong I still know that Trump has a humongous lead over everyone. That is clear even in state polling that is very clear so it is more than likely that Trump will be the GOP nominee unless there's fewer people. I'm a selfish person. I like we the people. I realize that Trump if he gets in he gets four years and I'm sitting there thinking okay we need to win 2024, 2028, 2032, 2036, 2040. How do we do all this? How do how do we do all this? If if you think that it's going to be a four -year plan we're going to somehow turn America around in four years you're sadly mistaken. You're just you're you're sadly mistaken. The DOJ issue is the biggest issue in my opinion out there. The way that the DOJ the FBI how they've been utterly corrupted is the biggest issue but there's something I got to share with you. Unfortunately the DOJ and the FBI being corrupted just shows us that we're too late to the party so it is the biggest issue out there but unfortunately all of the other issues that preceded that in order to create a corrupt DOJ a corrupt FBI we're late to the party. I believe that Trump is better when it comes to that stuff right DOJ stuff and all that man he just I think he'll go in and just wreck shop. I love that. I think I think Trump is better instinctively with foreign policy. He's just honestly he changed my views on some foreign policy stuff and that I absolutely love and adore adore him for. I love his sheer tenacity force of will but I'll be straight with you when it comes to the stuff leading up to DOJ and Ron DeSantis is better and I don't care if you like that or not he's got an instinct for that. You don't have to you can whine like little girls on the left you can lie about it you can deny it you can do what some conservative columnists and and and influencers have been done uh doing that all of a sudden DeSantis is the worst but no I'm sorry he's our second best guy and I don't think it's even close and I think you're playing a seriously dumb game if you try to sabotage them. I think you're an idiot. I think you're a fake MAGA person and I don't think you're out for the country. I think you're out for yourself if you're trying to sabotage our second best guy. I just opinion for the betterment of America. You're an idiot. I want to make it completely and emphatically clear because this is not a one election game. We've come to the party way too late. Ron DeSantis' instincts on cultural Marxism and what led up to the DOJ corruption I'm sorry he's been better than Trump on that. When it comes to the issue of COVID I'm sorry I see all of the naysayers oh well Ron DeSantis is lying he did this he did these are the the whiners these these are the guys in the MAGA movement that need testosterone uh oh Ron DeSantis he's lying about you know he was he he was what are they saying oh he he locked down Florida and guys I live in Florida yes he followed orders just like everybody else but you had what's what's her name Kristi uh and I'm missing someone the lady in Iowa that were very strong on COVID but once DeSantis backed out of COVID he was better than anybody else by far by far it wasn't even close it showed me that he was instinctually getting stuff and he was strong enough to say whoa whoa whoa whoa whoa wait a minute here's what's going on now and he wasn't falling to the pressure so that's why I want to see Trump on stage because as much as I love Trump and we've got a video here saying don't comply with COVID well I'm sorry I love Trump I love Trump but I'm we the people first I want Trump to tell me what he learned so that he does about COVID uh and and the deep state so he never gets duped again when he's in office that's what I want to know I deserve that as a voter you may not want that that's up to you but I'm a we the people person I want that because you know what I don't have the resources to fight against the deep state I don't have them if they lock me up I'm gone away forever you're never going to hear me again so I'm pretty selfish I want to stay out of prison I don't want to be the proud boys guy that I'm gonna that I'm going to talk about uh later Larry Elder the reason why I want him is simple in my opinion Larry Elder is a better communicator than DeSantis he's a better communicator uh than than Trump and I think he can communicate those ideas better than them and even to minority voters I think he can communicate our ideas better to minority voters than DeSantis and Trump can so I figure let them fight it out I think Trump is going to win but let them fight it out because you know why with those three I think we the people win and the left is an isolated on Donald Trump where they can just aim all right so take everybody out of the race let let's take everybody out of the race and let's just let the DOJ the FBI the the mainstream media big tech every look at everything that has been unleashed on Trump now let's get everybody out of the way so they can just completely focus on him you know what Ron DeSantis is do you know what Larry Elder and I pray to God Larry Elder gets on the stage larryelder .com do you know what they are they are an insurance policy I'm sorry I love Tim Scott I love Tim Scott I think Larry Elder is a better candidate than Tim Scott so I hope to God that he gets on the stage all right because I want to hear them debate but they're an insurance policy you know why the left is scared to get rid of Biden those that are Kamala Harris I had somebody messaged me yesterday uh Carl I love you on the show but I disagree with you on this part the impeachment thing because Kamala Harris the left has no problem throwing black people under the bus even a black woman they will throw her under the bus quick fast and in a hurry she's an insurance policy for Biden you know who's an insurance policy because I read them all the time I'm just telling you the truth you don't have to believe it you don't have to agree with it I don't necessarily agree with it but when I read the left when I read the radical left the person who they fear the most is DeSantis whether you like it or not doesn't mean that it's true that is their perception because they believe that DeSantis is Trump not charismatic but will get crap done when he came in the office that's true I don't believe DeSantis at this point I mean unless he gets a one -on -one and there's a miracle that he's going to win the primary but I tell you the left yes they fear Trump but they also fear DeSantis why would you take the guy the second guy that they fear out and try to sabotage them the those of you that are doing that and and I'll say it maybe I'm sabotaging my career today you're complete and utter idiots and I don't believe you're MAGA I believe you're just you're I believe you're just what what's the word I just believe you're grifters I believe you just want to follow the crowd I don't believe you're for the betterment of America I don't believe you're for the empowerment of we the people I think you're full of crap to be frank with you this is Carl Jackson and for Mike Gallagher we'll be back unveil evil in nefarious the modern screw tape letters praised by Pastor Jack Hibbs my pillow is having their biggest sheet sale of the year you've helped my pillow become one of the most extraordinary success stories in America today well now Mike Lindell wants to give back exclusively to you a Mike Gallagher listener the percale and Giza dream bed sheet sets are available in a variety of colors and sizes and they're on sale now for as low as $29 .98 with our listener promo code Mike G order today because when they're gone they're gone the percale and Giza dream sheets are breathable they have a cool crisp feel made from the finest cotton on earth comes with a 10 -year warranty a 60 -day money -back guarantee don't miss out on this amazing offer there's a limited supply so be sure to order today get them while they're hot call 800 -928 -6034 800 -928 -6034 use the promo code Mike G or call 800 -928 -6034 800 -928 -6034 or go to my pillow .com look for the Mike Gallagher radio special square click on that box and with anything you order be sure to enter the promo code Mike G my pillow .com promo code Mike G my pillow .com promo code Mike G or call 800 -928 -6034 like we love to sing in the whole wide world visit my pillow .com promo code Mike G this is your source for breaking news and what to make of it all this is the Mike Gallagher show four indictments are simply that an indictment which is just one -sided BS for lack of a better word what I will say is right now the senate is the most privileged nursing home in the country but to every COVID tyrant who wants to take away our freedom hear these words we will not comply so don't even think about it and now sitting in for Mike today in the relief factor .com studios here's Carl Jackson all right welcome back to the Mike Gallagher show coming to you live from the relief factor .com studio I am your guest host Carl Jackson sitting in for Mike Gallagher the number to call in 1 -800 -655 -Mike 1 -800 -655 -6453 thank you Tracy uh callers if you want to call back the lines are good apparently uh the uh callers were in some areas where the phones just weren't okay all right they're rebooting the phones right now so 1 -800 -655 -Mike 1 -800 -655 -6453 let me let me let me play an audio clip for you I think this is uh this is very interesting to me I'm actually surprised to to hear this but that's Derek Klingle being on it I want to go to Tucker Tucker says I agree and I quote I agree 100 after guest says uh Trump and Biden are too old to be president here's audio clip number two I'm actually kind of surprised to hear this but let's roll it uh I think both Trump and Biden are too old I think there should I don't think you should be able to be that old and be president uh but I think Trump trying to be a hundred percent more aware I I think Biden has got some serious dementia issues I'm I'm actually surprised to hear that I I can't uh I did not know he said listen I I do believe that there should be an age limitation that we we talked about this yesterday I do think that there should be some type of cognitive test obviously if you look at uh Trump he's he's I think he's 77 or 78 years old the guy acts like he's probably 60 I mean it's it's absolutely insane and then you look at Biden and it's simply not the same but I I do believe there needs to be some cognitive test and perhaps there does need to be an age limit at some point uh but I'm wishy -washy on that I'll admit I'm not a term limit guy I know a lot of people want term limits listen I just think evil people do evil things they'll just figure out how to do evil things even more quickly I think we need to leave a move a lot of these people out of Washington D .C.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1387: One Bitcoin Will Be Worth $1 Billion By This Date - Fidelity
"Let's get it. In today's show, I'll be breaking down the latest technical analysis, as well as breaking news. Google Cloud to digitize El Salvador's governance, healthcare, and education, as well as Elon Musk's ex moves closer to crypto payments with their newest state license they just received, as well as breaking news. The SEC's first deadlines to approve seven Bitcoin ETFs are coming over the next week. We'll also be discussing Grayscale's roadmap to a Bitcoin spot ETF following the most recent SEC triumph, as well as Fidelity, one of the world's largest asset managers that currently control over four and a half trillion in assets under management are predicting a $1 billion price action for each Bitcoin. In fact, did you know they started accumulating Bitcoin all the way back in 2014, literally almost a decade ago? We'll also be taking a look at overall crypto market, all this plus so much more in today's show. 87. That's right. I'm your host JV. And we have a jam -packed session for you today. Looking at the market watch here, we can see Bitcoin after almost staying above 28 ,000. Unfortunately, it broke that support and we're back down to 27 ,200 at this time, but Ether also back in the red down 2 % for the day trading at just above $1 ,700. And checking out coinmarketcap .com, we're barely sitting above a trillion dollars, which is that milestone we've been sitting at for quite some time regarding the overall crypto market and about 34 billion in volume in the past 24 hours with the Bitcoin dominance at 48 .9 % with the Ether dominance at 18 .9%. And checking out the top 100 crypto gainers of the past 24 hours, we have XDC up 8 % trading at 6 .4 cents, followed by TonCoin up 6 % trading at $1 .75, followed by BlockStax up almost 3 % trading just under 53 cents and checking out the top 100 crypto gainers for the past week. Yesterday was a sea of green as the price action pumped literally $2 ,000 in a span of 30 minutes off of the news of the SEC losing their trial versus grayscale with the conversion of the GBTC product into a spot ETF. But today we have corrected some with HEXB crypto greed and fear index. We're currently rated a 49, which is neutral. Yesterday was a 39 in fear last week at 37 and last month a 50, which is neutral. So there you have it. How many of you are currently bullish on the king crypto? Let me know. And how many of you are anticipating a lower price action so you can keep stacking them sats on the low? Holla at your boy. Now let's break down today's Bitcoin technical analysis. Check out the charts and what is popping right now in the markets. As you can see here, Bitcoin drifted towards $27 ,000, which again, we're just sitting above $27 ,200 at the time of this recording. At the Wall Street open, the dust settled on the digital asset manager, grayscale's legal victory. Here you're looking at the Bitcoin one hour candle chart. Now data from Cointelegraph showed a positive verdict for grayscale against US regulators, sparking almost 8 % gains. Bitcoin managed to tap $28 ,100 on Bitstamp, its highest in almost two weeks, before returning to the current level. So despite closing the daily candle above two key moving averages, these had yet to return as definitive intraday support. And on the day, analysts were quite cautious. In a quick take post from on -chain analyst Crypto Quant, he goes on to share, noting that the grayscale move had originated on derivative exchanges. So despite funding rates remaining fairly neutral, there was a clear absence of value. However, it is difficult to see that the spot exchange led the price increase when the Bitcoin price rose yesterday. The reason is that the trading volume ratio shows that it had decrease rather than increase. Now additional data showed trading volumes were still below those seen during the upticks of earlier this year, quoting them here. Of course, there is a tendency for prices to change significantly, even with small trading volumes, because of the overall liquidity in the crypto market, which has decreased. However, it seems that there is a need to be a little cautious about the fact that this rally leads to a dramatic rally. Now let's discuss many similarities to Bitcoin's all -time high. According to crypto analyst Brett Capital, quoting him here, we're seeing many similarities between the double top of 2021 and what we're seeing right now, he warned. Should the similarities play out and Bitcoin produce a full fractal, 26 ,000 would flip from support to resistance to initiate further downside. So for the time being, we're seeing a lot of signs really playing into all of this in which he reiterated alongside this chart. Now, another target analysts are talking about right now is 23 ,000 becoming increasingly important. Rec capital likewise flagged that level of 23K as a prominent level versus the 2022 bear market bottom structure and inverse head and shoulders pattern, as he mentioned here, that's the level that we can see the price rebound from. So there you have it. Let me know if you feel we're likely to drop sub 25 ,000, potentially touch 23 before rising back up. Or do you think we'll take off from here, off of one of the biggest news stories of the year, which is a big fat L for the SEC and a big fat victory for the entire crypto industry. Let me know your thoughts. And with that being shared, fam, now let's discuss breaking news coming out of El Salvador with Google, which is actually quite interesting. Yesterday, I saw Nigel Bokele made a tweet and this is what it was in regards to Google Cloud announced a new partnership with the government of El Salvador. Interesting, right? On August 29th to establish an office and provide Google distributed cloud services in their country, the partnership aims to digitize the country, update government services and improve the healthcare and educational systems. The GDC will also help bring infrastructure closer to where data is generated for El Salvador. Bokele, the country's president said he believes El Salvador is quickly becoming a hub for innovation. As he shares here, El Salvador is moving forward. We believe technology and foreign investment are key for development. And here's where he announced the partnership in this, I shouldn't say tweet anymore, but on this post on X quoting Bokele, Google plans to establish operations in El Salvador and he shared the official press release from Google. Now, Thomas Curain, the CEO of Google Cloud said he believes cloud computing can truly transform Latin America. As shared here, access to cloud computing has dramatically expanded across industries and regions throughout the world, he said, enabling both small companies and the public sector to utilize the very same apps and services as more mature markets. Now, Cointelegraph also reached out to Google Cloud for additional comments on its recent expansion. The additional GDC infrastructure will help support El Salvador's active stance on Bitcoin adoption and integration into society. It allows for Bitcoin full nodes with ordinal protocol support. And additionally, back on August 8th, a few weeks ago, El Salvador granted the crypto exchange Binance a license to offer crypto services to users in the country. Bitcoin had began as legal tender in El Salvador back in 2021. And recently the Bitcoin Beach Initiative took to the classroom and taught over 25 ,000 students about Bitcoin, helping them earn a Bitcoin diploma via the country's educational system. The country has already seen immediate returns on the program with the example of one teenager who earned the diploma and then returned to his former school to teach the educators about the digital asset. That's what's up. I think mass adoption is likely to continue, especially in places like El Salvador that are ahead of the rest of the world. And I think more and more major companies are going to be opening up shop because it just makes so much sense. Why wouldn't they? That's why Binance just got their license. Jack Mallers Strike Company just got their license. Bitfinex got their license and they're opening up shop. And I believe that the Bitcoin game theory is in full effect and will continue to play out as the days go by. And with that being shared, fam, now let's break down our next story of the day. As you probably know, major news was actually released yesterday regarding X, which is the platform owned by Elon Musk to integrate crypto payments. We made a pretty big development, so let's break this down before we dissect the ETF deadlines. Rhode Island's regulators have granted X, formerly known as Twitter, a currency transmitter license, marking a step forward for the company's foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and receiving money, a definition that includes both fiat as well as crypto assets. Now, this approval will allow for X to custody, transfer and exchange digital currencies. Now, X's Rhode Island currency transmitter license was approved on August 28th, two days ago, according to the nationwide multi -state licensing system, NMLS. The move marks an important step forward for Elon's push for X to become an everything app, which would include crypto as well as fiat payments. Now, naturally, social networks like X are massive, so this could help usher in that mass adoption. Now, while sources have suggested that X's upcoming payments feature will initially only offer support for fiat currencies, Elon had reportedly instructed developers at X to build the platform's payment system in such a way that crypto functionality can be added into the future. Yeah, if you're not integrating Bitcoin into your payment system, then do you even have a payment system for the future as Bitcoin is the future of money? Just saying. The approval comes nearly two months after X secured money transmitter licenses, also in Michigan, Missouri, and New Hampshire, which were well -approved on July 5th. X's latest license marks a total of seven American states it secured transmitter licenses in, so my guess is they're going to have to continue getting more and more licenses for all the states. It remains unclear exactly what financial offerings will be made available if and when X rolls out their payments feature. People familiar with the company's plans have indicated that X will initially offer fiat currency transaction services similar to PayPal, which Musk co -founded with room for future crypto integration. Do you think Bitcoin will likely be an announcement that they will be accepting crypto payments? I mean, who cares about Doge if you don't have Bitcoin integrated? So, I feel Bitcoin is a given if they're going to be integrating crypto and it seems to be going that way. But how do you feel this is likely to play out? Let me know your honest thoughts in the comments right down below. And now let's break down everything you need to know regarding the recent spot ETF deadlines for the United States and regulators. And after we discuss all these deadlines, we're going to specifically be talking about the GBTC Grayscale product, getting that victory over the SEC and what that means moving forward with the Grayscale Bitcoin ETF. And then we'll be dissecting Fidelity, one of the largest asset managers in the world, and their $1 billion Bitcoin price prediction. And then we'll wrap up with our live Q &A. So yeah, let's discuss this. The US SEC is facing its first deadlines to decide on seven spot Bitcoin ETF apps, with the latest being September 4th, which is what, virtually five days away amid its defeat to Grayscale Investments in the US Federal Appeals Court. Investment firm Bitwise will learn if its ETF will win the SEC's approval September 1st, which is what, two days away. While BlackRock, VanEck, Fidelity, Invesco, and WisdomTree will all be awaiting the SEC's decision for their funds by September 2nd, three days away, according to several SEC filings. So, that's right around the corner. It's going to be a big week. Meanwhile, Valkyrie is set to hear back from the SEC on September 4th. The US Court of Appeals ruled on August 29th that the SEC's rejection of Grayscale's app to convert their GBTC into a spot Bitcoin ETF was arbitrary and capricious. But this doesn't mean that the SEC must approve Grayscale's app or others in the future, says Bloomberg ETF analyst, James Safart. And in August 29th Bloomberg Review, he explained that Grayscale's win will definitely increase the odds of a successful outcome for the SEC. But he is unsure when that day may come though, as the SEC can delay his decisions and has two more proposed deadlines for each fund before being forced to make a final decision on the 240th day post filing. Now, what a shame it would be if they make us wait the 240th final day before giving an answer. But hey, don't run it by them. I mean, don't put it past them, especially with Mr. No Clarity Gary as the chairman. But anyways, for the awaiting applicants, the final deadlines for the SEC are all in mid -March of next year. And as someone shared here, odd and free, 99 .9999 % chance that the world doesn't know that the SEC has to decide on seven Bitcoin ETFs within the next three days. And this does include the largest asset manager in the world, BlackRock, Bitwise, VanEck, WisdomTree, Investico, Fidelity, and Valkyrie. The suits are at our doorstep per each. And how many of you weren't aware of that, that the decision within the next seven days is going to be on those seven major asset managers. Now, after the August 29th ruling in favor of Grayscale, the regulators have 90 days to file an appeal with the US Supreme Court or apply for an en banc review where the full circuit court can overturn a ruling made by a three judge panel. However, the SEC hasn't made clear what the next move will be. If the SEC doesn't appeal, the court will need to specify how its ruling is executed, which could include instructing the SEC to approve Grayscale's app or at the very least revisit it. But either way, Safer only saw two viable options for the regulator. The first option is to concede defeat and approve Grayscale's conversion of its GBTC as a Bitcoin spot ETF. But alternatively, the SEC would need to revoke the listing of Bitcoin futures ETFs entirely or deny Grayscale's app based on a new argument, says Safer, quoting him here, the second potential avenue is to deny on reasons not used before yet, which I have been saying for months could have to do with custody or settlements of Bitcoin, which is not something that futures ETFs have to worry about. The SEC has made a lot of noise around custodians. However, fellow Bloomberg ETF analyst, Eric Balchunes, considered the odds of the SEC revoked in the Bitcoin futures ETFs as highly unlikely because of the SEC reported openness to Ethereum futures ETFs, in which he makes a great point, quoting Eric here. This guy turned the last paragraph of Judge Rao's legal smackdown today into a MGMTS stylish banger, really captures the modern. Well done. Well, so there you have it. I guess this is some song I haven't even listened to yet. So I'll jam to it a little later on. We'll see if it's any good. But anyways, fam, how do you think this is likely to play out by the SEC? Do you think they're likely to approve any of these seven ETFs or do you think they'll just continue to push it back until next year? Let me know your honest thoughts in the comments right down below. Now let's dive deeper with the latest breaking news regarding the grayscale ETF and their conversion of their product into a spot ETF. And did you know that their product literally has over 600 ,000 BTC? Hence, they'd be the perfect candidate for a spot Bitcoin ETF because they already hold the underlying asset. They don't need to purchase it. So I mean, they'd be a prime candidate along with BlackRock. Which one will get approval first is the million dollar question, but let's break it down. In a seismic shift for the Bitcoin industry, the DC Circuit Court ruled in favor of grayscale investments yesterday, which is breaking news, which we've been hearing all across social media. Now, Jake Stravinsky, the chief policy officer at Blockchain Association, described the ruling as massive, emphasizing it's extremely rare for a federal circuit court to find an agency like the SEC in violation of the Administrative Procedure Act. Stravinsky stated that the DC Circuit soundly rejected the SEC's view that grayscale's ETF proposal was not designed to prevent fraudulent and manipulative acts and practices. So good for them. He also pointed out that the court did not order the SEC to approve the proposal, but rather mandated a review of grayscale's proposal with the court's ruling in mind. Stravinsky speculated on two possible scenarios for the SEC's next steps. One theory suggests the SEC could find another reason to include no clarity Gary towards crypto. And alternatively, the SEC might take this as a semi graceful exit from their anti ETF stance, especially under political pressure from traditional finance sectors ready for a Bitcoin ETF as we are long overdue. They first rejected the first Bitcoin ETF for a spot in the United States over a decade ago. And the app was from the Winklevoss twins with Gemini, just FYI. Now, many other issuers have proposed ETFs this year, include BlackRock and Larry Fink throws heavy punches in DC. Therefore, here's what the lawyer thinks. The only question is if the SEC wants to make this more painful for itself. Trust me, if there is another denial, there'll be another lawsuit. I strongly recommend that the SEC picks sooner. Let's see. Now, James Safart, the ETF analyst over at Bloomberg, corroborated the significance of the ruling stating it's a complete and utter rebuke of the SEC spot Bitcoin ETF denial orders. And quoting him here, I was initially thinking something like a deadline of 45 days or 60 days, but nothing in here saying that. However, he noted that the SEC has 45 days to file for that en banc hearing, which would involve all 17 judges on the court, good Lord, as opposed to the initial subset panel of only three judges. The Bloomberg analysts also outlined two main motions for the SEC. If they still wish to prevent the spot Bitcoin ETFs from listing, they either need to revoke the listing of Bitcoin futures ETFs or denied based on new reasons, possibly related to custodial or settlement issues, which have been a focal point for the SEC staff accounting bulletin 121. Now, Adam Cochran, partner of CEHV added another layer to the timeline speculation. He alludes to the SEC's pending decision on six other Bitcoins spot ETF filings due by September 1st for Bitwise and September 2nd for BlackRock, Fidelity and others. Here's what he had to share. Some folks are getting ahead of themselves thinking that grayscale decisions means bulk approval of ETFs by this Friday. Likely not the case. My hunches were looking at a late October, November timeline for an approval still, unless the SEC appeals in which case next spring. Now I'm not a gambling man, but if I was a gambling man, I just want to throw out there. I don't think the SEC has any intention to approve a spot Bitcoin ETF in the United States anytime soon because their actions demonstrate the complete opposite. The only thing they have interest in approving are more futures ETFs so they can continue to manipulate the markets through derivatives, which are financial weapons of mass destruction. Quoting Warren Buffett, it is what it is, but nonetheless, this is still a victory overall because they could only push it back for so long. And especially with BlackRock demanding, I shouldn't say demanding, but in so many words, they're the one that started this domino effect with new ETF apps arising with the SEC. They are the largest asset manager in the world, controlling over $10 trillion in assets under management. So I think if Larry Fink wants something, it's going to get done. But the million dollar question becomes when? I think they're going to push it back this year and probably spring next year, we're going to finally start to see the approval of spot Bitcoin ETFs in the United States. And as soon as we get that approval, that can help usher in literally trillions upon trillions of dollars that are currently sitting on the sidelines directly in to the best crypto asset in the world, which is none other than BTC. If you'd love to see that happen, let me know. And by what date or deadline do you think we're likely to get that first approval? And you already know once that approval comes, money is going to start ushering in and the Bitcoin price is going to go parabolic and in perfect time because we also have another major bullish catalyst around the corner. Six months out, the scheduled halving is estimated to be sometime in April of 2024. So between the ETF apps being approved by the United States regulators and the Bitcoin halving, I couldn't be more bullish on Bitcoin right now, which leads us to our next story of the day, which is going to be a $1 billion prediction from one of the largest asset managers in the world, which is Fidelity. Let's break this down. Then we'll dive into our live Q &A. Make sure to say hello in the live chat. Let me know where you're tuning in from. A massive shout out to everyone interacting. I greatly appreciate all the continued support. So here we go. $1 billion. That's a lot of zeros. That is nine to be exact. In 2021, a billion dollars seems like a lot of money. FYI, Fidelity initially made this prediction in 2021. I also want to point out here from some tweets, Fidelity head of sales, quoting them here, we started mining and accumulating Bitcoin all the way back in 2014. I bet you a lot of you did not know that. This was kind of under the radar, but they have been accumulating BTC almost for the past decade. So is this a surprise that they're predicting a $1 billion Bitcoin price by 2038? They're putting their money where their mouth is. But anyways, we have Julian Timmer, Director of Global Macro Fidelity, believing that one Bitcoin could be worth $1 billion per coin by the year 2038. Send it and let's go. Timmer also believes that the orange coin could hit $1 million before this decade is over, which means by the year 2030, roughly seven years away. So that would represent a 20X multiple, the current Bitcoin market price of 48 ,000. But now obviously we're half that price of what we was. So that would now be 40X. And I know anyone can make predictions like that, but Timmer lays out his cause using his own valuation model and another well -known model, which we all know here on the channel, known as the stock, the flow. Timmer's demand model is based upon Metcalfe's law. Metcalfe holds that as the number of users of a network grows linearly, the value of the network grows exponentially. Thus, if the number of users doubled, its value would grow at four times or the square of two. Now Timmer's demand model grows steadily to about $1 million by the chart. Now, by contrast, now let's discuss the stock to flow model created by synonymous analysts. Plan B is based on the supply of new coins growing at a decreasing rate each year. This occurs because of the built -in happenings every four years. So given increases and adoption and demand, the result will be prices expanding exponentially. Indeed, the price of Bitcoin has grown approximately 10X every four years. Take that, Peter Schiff. These are facts, not just by 50 % slowdown in supply, pretty powerful stuff. That's right. Now, stock to flow predicts even faster growth in the price than does Timmer's demand model, especially after the year 2030. As I commonly cover here in the show, the stock to flow model is projecting roughly a half a million dollar Bitcoin price past the halving in 2024. In fact, the model shows a very wide array in their expectation, anywhere from a hundred thousand to a million dollars, with a half a million being dead in the middle, hence in a couple of episodes previously, if you missed it, we discussed Plan B's most recent prediction, which he shared on his YouTube channel, that he believes the Bitcoin price will be north of $530 ,000 per coin proceeding the Bitcoin halving in 2024. But let's get back to this math. This is the stock to flow model you're looking at right here. Now let's go back over here. This is some more insights. Timmer stated the value of the dollar changes in relation to other assets. And he further pointed out that just a dollar invested in stocks in the 18th century would be worth $4 billion in today's money. Isn't that insanity? Talk about super hyperinflation. So going by this assumption, $1 million in today's money can be worth a billion dollars in 20 years time. Good Lord. You better start stacking them now, fam. So changes in the dollar's value, especially depreciation over several decades, render the same amount with less purchasing power, which is why huge sums back then appear less by today's standards. For instance, $1 million can purchase a lot of significant things a few decades ago, but in today's perspective, reasonably higher end houses in the US cost between, I would say $200 ,000 and $500 ,000. The same $1 million may not suffice for the same class of houses today. This is a fact. Just here in Puerto Rico alone, I've seen the real estate market literally shoot up 100 to 300 % since moving to this island roughly four years ago. And that's not just an exception to the rule. It's all across the United States, hyperinflation. I mean, check out the rent prices. That will give us some insights to the true nature of inflation. You can check out Zillow, check out real estate five years ago in comparison today, and you'll probably see something quite similar. But anyways, there's an increasing number of billionaires across the globe. Facts. Some observers even believe we may see the first trillionaire in this lifetime. I think it could potentially be CZ, the finance CEO, or even Michael Saylor of MicroStrategy. Now, the same applies to organizations with several companies now passing the $1 trillion mark valuation cap. Fidelity previously pegged Bitcoin to hit $1 million in initial prediction made by Jerry and Timmer by the year 2035. However, he ultimately said, we're way too conservative. Let's move this target on up from $1 million by the year 2035 to $1 billion by the year 2038. So there you have it. Do you feel the Bitcoin price can likely exceed their conservative target of $1 million by the year 2030 within the next seven years and hit as high as $100 million to $1 billion per coin by the year 2038? Let me know your honest thoughts in the comments right down below. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Got the mike. Welcome i would never say never life But now i'm done the acp. The american conservative conservative party. We have to get rid of republicans. And i think this is the best time in history to do it. The four or five that are in the country that are actually real republicans to either can come with us or leave. But everybody i know is tired of voting for republicans that voted for the trillion dollar bills. And everything else. They're liars and we can't stand them and we need to change and this is our first time to do it by clemmie. Let me let me let me let me press back on on on this a little bit. Because i understand your frustration and i gotta be honest with you. I've been there in the past. L- let me tell you why i don't believe that's the solution. Because the issue was the the issue is morality. They issue isn't a party whether it's republican or democrat party the issues morality so you switch to another party but you still have. Men that are flawed. You still have men that are simple so these men get a hold of money and they get all this power and all this kind of stuff and you know what happens. It starts changing their hearts to the real issue is getting involved in primaries and finding that diamond and a rough that's a real conservative and volunteering and helping that person win. I'll talk more about this on the other side but mike it is a could call. I appreciate you calling in. I understand your frustration. Man jackson will be back on. The larry elder show for your complimentary portfolio stress tests at eight hundred four nine nine sixteen..
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"This guy is just craving to be dictatorial. This is we are definitely in scary times. And i told you what they're gonna do. And i told you guys it's going to get worse. They are going to double down. They have whole other options. They can't they can't win. Based upon their policies. I mean bindings numbers are in the tank. He is hurting everywhere. And get to your car your your your calls. Next tip sean. Mcconnell bitings approval rating plunges. Ten points or more in six key swing states. After the chaotic afghanistan withdraw. The poll finds six states Including arizona florida georgia north carolina pennsylvania texas biden job approval below fifty percent and forty four out of fifty states. And you guys here. I mean last night. According to the economists you up poll he sank under forty percent only forty one percent of american voters across the. Us approve of biden. Job in office. The president's favorability favorability is also taking just forty four percent nationwide It comes as the state department faces stunning accusations. It tried to hamper the rescue of numerous americans from afghanistan after biden's withdraw. It's also after a lacklustre august jobs. Report which binding planes on cova. So it's everyone else saw so the democrats are in the white house. The democrats have the the house of representatives. The democrats hope the senate but everything is still trump soi. Everything is everyone else's for if if you don't wanna take responsibility if you don't want to do the job sir. Step aside step aside biting because everything goes back to you you're the man in charge man up man up. This is a but got their tanking. I'm telling you these people don't know what else to do. The only thing they have left is it. They've done nothing else. Well so it's fear panic and it's not you know incentivize people encourage people. Hey guys you know if you get this shot you know we can all get back to normal and this and that now we know that's ally right because we know the numbers this year with kobe or even crazier than they were last year despite the fact that i mean millions and millions of americans have been vaccinated at the numbers aren't getting any better with this new delta variant. So they just double down. They just double down. Because they want you to feel like they're the protectors. They got a solid plan. They know what to do. It doesn't matter what the results show right. Well biden is a disaster everywhere. We're still dealing with cova. I've thought this was the guy that was going to bring it in to it. And just for the record. Nobody can bring an answer the virus including scientists or doctors. They can't even stop the common cold. What makes you think they're gonna stop this user brains people this is insane and oh see. This is what this is. What the biden administration really wants to get a get away from c. They wanted to distract you in. This is a great distraction. I cannot lie because it got me really frustrated So this is a great distraction. But don't forget we. This guy is a total disaster of foreign policy. This from bright part had breitbart biden white house eternally grateful to islamic extremists taliban is businesslike and professional so the taliban the taliban that saws off people's heads the taliban that are still holding americans hostage on a tarmac. Yes i know. A couple of hundred flew away today. americans in people from other Regions of the world as well But they're still holding people hostage on the torah mac. We know we know that. Some of our interpreters people that helped us out as iv's are being slaughtered or being maimed or being beheaded are being shot dead and yet and yet Binding saying These people are businesslike and professional. I mean this is absolutely insane. National security council spokesperson. Emily horne said thursday as a qatar airways flight landed safely in qatar from afghanistan that the biden white house is eternally grateful to the taliban islamist extremists for being business like in professional. The taliban have been cooperative and facilitating the departure of american citizens and lawful permanent residents on charter flights from h kia. A complete and utter lie. But this tells you this tells you what they want to do. What they're warming up to do. They are warming up to give money to the taliban. It's unbelievable what this biden administration. There are doing not only are. They corrupt any competent and downright evil. And my i in my opinion but they don't want you. they want you to forget. They want you to forget as quickly as biden forgets this afghanistan story. This is why we can't leave it. This is why we need to talk about it. Daily even if it doesn't encompass an entire hour of our show or whatever we need to talk about this people cannot forget that he left americans behind..
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Guest carl <Speech_Music_Male> <Advertisement> jackson on the <Speech_Music_Male> <Advertisement> larry elder. Show <Speech_Music_Male> <Advertisement> our guys. <Speech_Music_Male> <Advertisement> Welcome back to the larry <Speech_Music_Male> <Advertisement> elder show. We're talking <Speech_Music_Male> <Advertisement> about <Speech_Music_Male> how biden. <Speech_Music_Male> Actually obama <Speech_Music_Male> gave the taliban <Speech_Male> <Advertisement> existing taliban <Speech_Male> <Advertisement> <Speech_Male> their generals and <Speech_Male> the obama. <Speech_Male> I'm sorry pharma. <Speech_Male> Gave the <Speech_Male> taliban their <Speech_Male> new existing <Speech_Male> generals and their <Speech_Male> new government <Speech_Male> and biden gave them <Speech_Male> their weaponry their <Speech_Male> embassy <Speech_Male> embassy and air force <Speech_Male> base. It's almost <Speech_Male> as if this <Speech_Male> is what they wanted to <Speech_Male> do. It's almost as if <Speech_Male> the <Speech_Male> The <Speech_Male> the obama <Speech_Male> embodied in <Speech_Male> and now harris <Speech_Male> legacy <Speech_Male> may be to <Speech_Male> restore <Speech_Male> the <Speech_Male> restore the middle <Speech_Male> east <Speech_Male> I mean this is. <Speech_Male> This is <Speech_Male> This is very <Speech_Male> disturbing what we're seeing. <Speech_Male> But here's good news <Speech_Male> and we'll get <Speech_Male> into this a little later <Speech_Male> in the show as well <Speech_Male> This just breaking <Speech_Male> from breitbart joe <Speech_Male> biden's approval <Speech_Male> rating collapses <Speech_Male> to thirty <Speech_Male> nine <Speech_Male> per cent. <Speech_Male> Thank <Speech_Male> the lord. <Speech_Male> The lowest of his presidency <Speech_Male> <Advertisement> joe <Speech_Male> biden's approval rating <Speech_Male> has collapsed at thirty <Silence> <Advertisement> nine percent. <Speech_Male> <Advertisement> This is <Speech_Male> the lowest of his presidency. <Speech_Male> This according <Speech_Male> to a <Speech_Male> wednesday <Speech_Male> economist yougov <Speech_Male> poll while <Speech_Male> only thirty nine <Speech_Male> percent approval <Speech_Male> by john <Speech_Male> performance. Forty <Speech_Male> nine percent. <Speech_Male> Now disapprove. <Speech_Male> This is a <Speech_Male> drop of six points <Speech_Male> in just <Speech_Male> one week. <Speech_Male> <Speech_Male> Overall biden's evaporating <Speech_Male> approval numbers <Speech_Male> are primarily <Speech_Male> due to democrats <Speech_Male> who have <Speech_Male> begun abandoning <Speech_Male> him amid <Speech_Male> the challenges of inflation <Speech_Male> afghanistan. <Speech_Male> <Speech_Male> The wuhan virus <Speech_Male> nearly nine <Speech_Male> out of ten democrats <Speech_Male> had approved <Speech_Male> a biden for almost <Speech_Male> half <Speech_Male> of this first year <Speech_Male> but democrats <Speech_Male> have since dropped <Speech_Male> support of the <Speech_Male> president by nine <Speech_Male> percent <Speech_Male> in one <Speech_Male> week. This <Speech_Male> is fascinating. <Speech_Male> This is this <Speech_Male> honestly. <Speech_Male> This is what he <Speech_Male> deserves. Why <Speech_Male> republicans <Speech_Male> are not kicking <Speech_Male> this man. While he's <Speech_Male> down we gotta <Speech_Male> play their game guys. <Speech_Male> <Speech_Male> We got. i'm <Speech_Male> sorry. the country <Speech_Male> is at stake. <Speech_Male> <Advertisement> We can't be these little <Speech_Male> solve <Speech_Male> sweet. Hey <Speech_Male> <Advertisement> will get them in. Twenty twenty <Speech_Male> two. We may <Speech_Male> not have until twenty <Silence> twenty two. <Speech_Male> This is <Silence> insanity <SpeakerChange> <Speech_Male> this <Speech_Male> guy is <Speech_Male> has just <Speech_Male> militarize <Speech_Male> a terrorist <Speech_Male> organization. <Speech_Male> This guy <Speech_Male> is destroying our economy <Speech_Male> speak <Speech_Male> <Speech_Male> up republicans. <Speech_Male> For god's sake. <Speech_Male> Let's <Speech_Male> go to john and california. <Speech_Male> John <SpeakerChange> you got the might <Speech_Male> you got a minute. <Speech_Music_Male> <Speech_Male> I karl <Speech_Telephony_Male> Real <Speech_Telephony_Male> quick before. <Speech_Telephony_Male> Afghanistan <Speech_Telephony_Male> say <Speech_Telephony_Male> The tell everybody <Speech_Telephony_Male> to vote in <Speech_Telephony_Male> person out here in california. <Speech_Telephony_Male> If you don't want <Speech_Telephony_Male> your Both thrown <Speech_Telephony_Male> away or <Speech_Telephony_Male> changed <Speech_Telephony_Male> Please vote in <Speech_Telephony_Male> person but <Speech_Telephony_Male> My thing <Speech_Telephony_Male> is that. I i really <Speech_Telephony_Male> feel that <Speech_Telephony_Male> that. There's somebody <Speech_Telephony_Male> else calling the shots. <Speech_Telephony_Male> Joe biden. obviously <Speech_Telephony_Male> he's <Speech_Telephony_Male> <Speech_Telephony_Male> not all there <Speech_Telephony_Male> and there is somebody else <Speech_Telephony_Male> pulling the strings behind <Speech_Telephony_Male> all this and <Speech_Telephony_Male> how these <Speech_Telephony_Male> people weren't guantanamo <Speech_Telephony_Male> and they just happened <Speech_Telephony_Male> to be <Speech_Telephony_Male> You know in charge <Speech_Telephony_Male> of the taliban <Speech_Telephony_Male> right now <Speech_Telephony_Male> and they were gifted <Speech_Telephony_Male> with all these weapons. <Speech_Telephony_Male> I mean <Speech_Telephony_Male> we gotta <Speech_Telephony_Male> wake up and smell the coffee. <Speech_Male> That <Speech_Male> <SpeakerChange> <Speech_Male> because john <Speech_Male> for the second time <Speech_Male> i get the point <Speech_Music_Male> i appreciate the call. <Speech_Music_Male> Listen <Speech_Male> there's no doubt the <Speech_Male> blame. The blame has <Speech_Music_Male> <Advertisement> to go to biden. <Speech_Music_Male> <Advertisement> He's the figurehead. <Speech_Music_Male> <Advertisement> I realize <Speech_Music_Male> <Advertisement> there are other people doing <Speech_Music_Male> <Advertisement> stuff behind the scenes. <Speech_Music_Male> <Advertisement> ultimately <Speech_Music_Male> <Advertisement> he's the president <Speech_Music_Male> <Advertisement> the republicans <SpeakerChange> need <Speech_Music_Male> <Advertisement> attack their <Speech_Music_Male> <Advertisement> portions <Speech_Music_Male> <Advertisement> of today's larry. <Speech_Music_Male> <Advertisement> Elder show are brought <Speech_Music_Male> <Advertisement> to you in part. By warner <Speech_Music_Male> <Advertisement> brothers. <SpeakerChange> fixtures <Speech_Music_Male> <Advertisement> cry macho. <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <SpeakerChange> <Silence> <Silence> I trust <Silence> my discount. You can meet with. The experts at midas go group and.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Oh eight oh five. Pm all right. So he's confirmed for the top of the third hour so five. Oh five pacific time eight. Oh five Eastern time so we look forward to that Having said that. I will take a call before Let's take a call. Let's go to mark in california mark. You got a minute and you got the mike. Welcome to the larry elder show. Yes it's a pleasure to listen to your show. You're doing a great job. I think ending and i did. I did vote already in. California voted for the appreciate him. Very much I would like to say this. That i would like to coin new race and rather than call it build back better. I would like to be called back. Detter de yeah because we are about to go into a load of debt mark. You are so right on the money on that all that money. the all of our money that the government is spending. You're absolutely right so mark. Are i think if i could just say this. I think it's kinda subliminal when everyone keeps saying build back better build back better you know. That's a positive phrase and it's not positive so i don't think it should be used anymore. I think everyone should start saying build back debtor. Okay build back dinner. I was saying bill back worse. But i'll I'll rethink it and and and work on that. I appreciate the call. And actually i gotta tell you stuff like that is really important. That's called reframing And that is extremely important. The left does it all the time. i remember a political Gentleman that i know a great guy told me about this bumper sticker that said i want world peace. And then he said he saw another bumper sticker. That said i want world peace or something like that to that effect. And he said every time he saw the bumper sticker. I want world peace. He thought of the other. That is a political trick and it's very effective and it's something even on the layman's level. Republicans have to start doing. This is carl jackson. Infra larry elder. We'll be back on the other side with james and more your calls. Your doesn't know how to govern for the good of the people only for..
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Because she's main washed and doesn't want to Entertain fact that what was done was many many years ago and what she's doing is actually racism and she's brian. Listen you're absolutely right. We'll keep on working on her up please. May maybe if it's not this time around. Maybe the next time around Let's go to anyone to I noticed some people don't know his name and all the window as i'm driving and i mentioned to them and they i mean. Write the right away combined for governor. I'll look him up. So another thing is again the media coverage is less than the so they got like. I absolutely love larry. He's he's wonderful man and he's doing it out of the goodness heart and he's super smart. I listen to him every day. I also listen to you but Larry is just a special person brian. Listen we all know that and listen. Thank you for the call. I appreciate you calling in. Let's go to branch from los angeles. Brandt welcome welcome back to the larry elder show. You got the mike brant. Hi carl yeah. I was born and raised in california and became a teenage hippies civil rights advocates in the nineteen sixties when i learnt the vile racism and bigotry in america's south but today under the tyranny of california's confederate governor newsom. There's even greater race-hatred violent bigotry and social upheaval promoted by democrat tea fund. Blm then took place in alabama in the sixties under governor george wallace and his democrat promoted. Kkk and so i think using crt and it's inclusive systemic. Racism governor gavin has become the great white face of marxist supremacy. Yeah you know what that is a Brennan appreciate the call. That is a that that that's a that's a good point the the great white face of marxist supremacy. I like that. I like that. All right let's take one more call before the break let's go to Lawrence in huntington beach california lauren. Welcome to the larry elder show. You got the mike. Hi carl thanks so much for having me absolutely I just wanted. I just wanted to let you guys know that my husband. And i just got finished voting for larry we are just. We are so excited. We're so ponds We're teaching our kids. The importance of voting and The two most important things that are most important to us to have leary. Win is get rid of these masks. Get the masks offer. Kids are kids are sick of it. We're sick of it And also affordable housing. We wanna buy a house for family. And these prices are skyrocketing and it's ridiculous and we just want to see our state get back to normal and just get healthy and get some sane logic and office and get rid of the mass get rid of the vaccines get rid of the segregation. It's just dump. Sorry but i have my kids in the car and my husband's in the car waiting for pizza. And um yeah. I just wanted to share the love for larry and just hope he wins and we're just so happy that he's putting in out there and we just need to get someone like him in office so all right for every song. God bless you lowering your husband and children as well. Listen you know what brings up a point. And i i wanted to ask larry this this evening. I won't get that opportunity. But i will tomorrow evening and i. I can't wait to hear his response. The left is scared that he might be able to appoint or he will be able to appoint a senator replaced. Dianne feinstein likely they're paranoid about that. But if you think about it. Another thing that larry elder would be is a dagger to the covert nineteen hysteria if you stop and think about it if he wins california he put an end to the mass mandates. That's going to serve as a referendum on the rest of.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Seven two four three and again. We're going over this story where the hospitals actually debunking a story. They claim the gunshot victims left waiting because of We're left waiting because of ivermectin. Overdoses first off. I believe it's l. Legal to turn people away. Emergency rooms in the united states across the country. A so right there is a dead Dead giveaway From the story that in of itself and all of it is to create this narrative. Republicans that red states dumb unsophisticated. They don't know any better we have to do. What's best for them. The thought of you know ivermectin. Despite the fact that these drugs. I've ivermectin hydroxy. Chloroquine have been used for decades and they are Virtually benign i mean. They're not going to cost you any damage any harm. They've been used like i said forever. And as a matter of fact to my own personal case. I used In in conjunction with taking vitamin d taking vitamin c taking Takings zinc. i used. When i get cove i get hit. Pretty hard Because i am Asthmatic although mild Mouth asthma. But it hit me pretty hard because i've had pneumonia in the past as well and Man so i mean it it. I went out working in just a dumb thing to do and i just came back. I went from filling kinda bad to. Oh my goodness do. I need to go to the hospital. Thank god Because of a doctor friend That that we know was able to get ivermectin As z pack Prednisone for a steroid and taking all of those together in conjunction. And by the way. I'm going to get the joe rogan story because the left is upset. How dare how dare. Joe rogan kick covert nineteen but in two to three days so the left is upset about that. We'll get into that as well. But as i took those medications i kid you not went to bed at night wheezing so bad i could literally hear my lungs whispering. It sound like a win. It was whenever i tried to breathe. It was just it. It was unreal. It was. I'm not gonna lie to us kind of scared and i just sat there thinking. What the heck try my best to cough. And i i just felt like i couldn't get anything up Took the medications i go to. I go to bed I had a very hard time sleeping just waking up through the night But when i woke up probably a couple of hours later. I felt like i was breathing. A little better You know i go back to sleep. Wake up and another couple of hours And i i mean. I just i felt like i could breathe again. I still had some of the simpsons. I was extremely weak. I felt like an aunt could beat me up for a couple of weeks. I mean it felt I it was intense in that way. But as far as the breathing issues after taking therapeutics. And now i know this won't be the case. I'm not a doctor. I know this won't be the case for everyone and i would suggest. Listen if you have co morbidity. I i'm i'm i'm not antibac- so i'm not a guy that's going to take the vaccine but i'm not anti vaccine do all right if they say so. I'm not. I'm not against that. But the issue that i have is that we have so many of these Of these doctors better just scared to speak out. That are just cowards. And some that are obviously left. Us that are just saying ain't no screw that therapeutics. Either you sit home and you wait and die or or you may go to You know one of these little urgent care type places and they'll give prednisone and send you on your way. Hope you don't die. You know you get better and it just shouldn't be that way. Despite the fact that the survivability rate is ninety nine point seven percent it should not be that way it should be doctors that really care for people And screw the politicians and saying listen. Here's what we can do in the meanwhile we can give you some therapeutics. Here's what we've got. We've got this monoclonal antibody we've got ivermectin. We've got hydroxy clark. Maybe you need to take those in combination with this this and that maybe you need to change your diet get outside. Get some fresh air. You know a porn into your lungs. Don't stick around with a bunch of people that you might be sick with separate so the viral load doesn't increase just simple basic instruction. Doctors should be doing that. And instead it's faxer die. Listen i'm not a doctor. But i got commonsense and this is absolutely not. This is absolutely nuts so the story goes on to say this guy the maclay guy Claimed at the emergency rooms were so backed up that the gunshot victims were having hard times getting to the facilities where they could get the care that they need it. The claim was circulated all over the place Democrats in the democrat media including the new york times the he'll newsweek the guardian insider. msnbc host. Rachel maddow the official conspiracy theorists of msnbc. She was all over it The hospital that kfi. For stated mckell. Yeah i don't know how to pronounce his name mc l. y. was associated with it was It's northeastern health system of sequoia and they released a statement revealing that michaela is not even an employee and they explained that the hospital has not experienced a single case of ivermectin overdose. So although doctor this is a this is a statement from them. Although dr jason mike kelly is not an employee of is so koya he is affiliated with a medical staffing group.
The Smoking Tire
"larry" Discussed on The Smoking Tire
"Every two weeks Why is there a ferry service. Scary service that it takes for me where i'm at. It takes me about an hour and ten minutes to get to that one. Okay hit sixty bucks or whatever. The car is which is fine right. Because i pay six dollars in tolls all the way with all she does it really sixty dollars tolls total total and so it's an hour and ten minutes then you put your car on the thing right but when you go. You don't necessarily the hamptons. There's like a fork in. I i don the north four south for then. I gotta drive another hour at the end of the day. Six of one half dozen from venice. I mean i see a business opportunity. In greenwich to hamptons ferry service. Danbury airport should be a blade later. Whatever is a blade from the city like. Hey do the blade which would be like five or six hundred bucks. I know that sounds like a ridiculous amount of money. It is kind. It was five hours in the car potentially charge it to the client or whatever. I still gotta drive this the city. I still got a parking space. I know we're crying over gold shoes here but no no the drive to eastern long island from connecticut. It sucks ball twelve years. I've been doing it. Scratch it's a great job and the whole thing. But as i get older i know that sounds like i can't my kid to bed because i can't get home in time and then my wife commute is also eight hours commute. I don't think anyone listening like that's one day paid well blah blah but an eight hour commute and not including not even do exaggerating. I'm saying conservative. Eight hours without traffic without traffic. Four ninety five and there's a one like dingle bury their that does like one weird thing the whole thing shuts down on that side or my side. That's a full work day. It's another day on the workday. Yeah so i get up four forty five that day out by five. I eat food in there. I stopped halfway. I gotta fill. I go through a tank of gas tank against mccall. That's why yeah. So i did you. Did you talk about that. You haven't told well. Larry larry tycoon. I haven't gotten it yet. But i put that cross threes. Mo- yeah russell. Neptune blue is neptune. There's usually when they show is the turbo s. But it's got everything all the press cars are in What the fuck is the blue that they're all they're all in. Oh yeah that color is it. It's out there. the What the fuck. I'm blanking on all the sack. What is the blue that every porsche oppressed car is james. Genteel blue every press car buyer fuck s. There's a trick to this whole thing. You can just get everything that israel has. Yes unless maybe i'm needed. That didn't know that until i went there. I wanted to look like that. I don't need seven thousand horsepower. Because like why do you need the wheels. And i got that but in the base model like it's a sport design front bumper and shed you all all the side cladding all that stuff all that and got hounds tooth interior fast. It's normally quick fast faster to do with a five year old in the back but like that's the auburn fat looks awesome iraq's and everything the turbo cross threes mo- that turbo turbo s turbo. It's silly i mean it's just unnecessary like and we we've driven the regular like four s and i drove the base rewrote them. All my favorite was the base want. That's the one. Yeah yeah it's like. I call it like the the has i feel like it's like this perfect balance of ballerina. It's like a for sports people's like a wide receiver. Like your big tall strong. You can run. You can do all. These things are not like lineman. You're not like a wide. It's the perfect balance. I thought this was the perfect balance that my two nine are eight. I think it's a perfect balance if you put a twelve minute. You've got to upgrade the brakes. You gotta do it. Starts getting out of wack. If you put more here you got. What did you say that balloon of water squeezing water balloon that something's got this to me was the perfect sweet spot so well and and you save like eighty five thousand dollars or whatever. It is on this stupid. Yeah no. I don't want that one. Yeah so i'm pretty so neptune. Blue collar put the order in two weeks Two months ago filmed it bobble blah and then they. I've never ordered a porsche ever. I've never had a new car. This is my first new car. Like legit like went to the dealership and did the whole thing. Porsche has a system. Where i'm sure you know this may be i know this. Would you sign up. They soon as you give them deposit the whole thing you get a number and then they send you an email and you can see where it is impacting alerts and stuff alerts and says not ready yet not ready yet and now i get it once a week on mondays because i think they must know porsche people because i call my sales guy dude. What's the deal every He says you're going to get an email from porsche. I think to purpose just to spare the salesman. Yeah like what's the deal. Of course they do but after that many months months and so what happens is they put i forget the word they put a hold on it. Correct me it's september fifteenth or sixteen. You're not allowed to change any of the specs. Oh yeah we're locked in. Yeah there's another word that they use it basically it's locked in. You can't change the specs from there. It's x amount of Day so they keep telling me the end of september and i was like and it's moved every month so i'm thinking november issues. Probably only wanna get. But it's a twenty twenty twenty two twenty two whatever order bronco because those production for stopped. You're a month or whatever i think. that's a workout. Because they gave me banana cakes. Money on mccown. Gts enough whereas like this is insane not to this. But you're still driving the makonde. Yes so i locked in that price. And that's the car driving to the hamptons. So i'm jacking the miles up on this thing is i don't have anything else. Give me the car faster. You can have this. You know what i mean. Yeah tell them to give you a demo. That's great that's to so. Yeah so mikan. Is i'm getting a little bit more than what i what i paid for it with. Twenty five thousand extra miles on it because the dick hewlett everyone. If you if you can get a new car for sticker price just cell your fucking car..
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Then after de we'll get back to this story where the nine works on. Employment rates are in the in the country or in areas run by democrats. Also there are more Biden there's more biden fall more polls that That i have for you. That i wanna go over his handling of the tree. Removal is absolutely negative This guy is catching it in all types. I don't know what nixon's i. I don't know what richard nixon his approval rating. Get into. i get a look into that but Honestly there are. Some people byron donalds congressman of florida. We gotta get him on the show by the way byron donalds of a florida is is finally a republican. That's starting to say. Wait a minute. It's time to call this guy out. It's time for this guy to resign. That's exactly what we need to hear. We need to put pressure on this guy. And i understand. People are thinking Oh then kamala. Harris is Kamala harris is going to be just as bad if not worse. I gotta be honest with you guys. I'm not concerned. I understand some people's concern. I am not concerned As far as camera harris is concerned. I think both of them will be. Both of them will be well. Biting has already proven to be a disaster but kamala harris would be The same quite frankly so we have to weather the storm till twenty twenty two twenty twenty four these special elections. And we'll see what happens. Let's take a couple of your calls before we go to the break. Let's go to randi and chino california randy. You got the mike mr jackson. I've been listening to you man. You're alright brother. Thank you a church down here. Cowboy chapel chino hills jackets hips. He He had larry a couple of weeks ago. Man was a great great time being in his presence. Man the man is a. I'm telling you the man it's got a good heart. That's what you need an office manager on all right this more want to say i heard i heard another guest speaker speaker. Say that that They were concerned about mailing ballots on. Sundays are church. We'll take in dallas and take it to the register from the four counties los angeles riverside center. And it's a good idea. It's on sundays sundays. Guaranteed if you if you are church keno hills calva cappuccino hills on sunday. All right all right randy appreciate the call. Listen we've got one more before the break the rest of you stay on the line. I wanna make sure. I get you on the other side. Let's go to grace in the bay area grace. You have thirty seconds if you can make it happen just grace you got the mike oppo are doing because what how you she will win. But then even though he has such a very speller in record What is being done to ensure that the election system is being watched. Okay i appreciate the call. Let me address that real quick. Listen we have to worry about getting out. We i mean as many bomb rushed the polls people bundles polls. That is the solution overwhelmed. The system stay tuned for more with guest host. Carl jackson condo larry elder show eight hundred seven six. One nine zeros..
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Listen joe biden is in the tape. He's he surrendered to the taliban are american our fellow americans are endanger. Listen i don't wanna i don't want sound flip it and don't want to minimize it The you guys you guys heard james care final yesterday on the on the program and We have to understand the reality that with this feckless leader in the white house this week leader in the white house and his his wheat. Vp camera harassed by the way get some stories on her Things aren't Things aren't looking good. Things aren't looking good Thank god there are There are some politicians scrambling. Kevin mccarthy did come out and say that Listen instead of worrying about coming back to washington. Dc in order to drive us further into debt. And i'm paraphrasing to nancy pelosi. Every everyone should be focused on getting americans out of afghanistan. So this point. I i still. I'm still unaware of any type of confirmation as to how many americans are there. So this is a Honestly this is just a horrible situation but bindings poll numbers are are are are tanking Thank god they are quite frankly has more and more americans are starting to wake up in a lot of people in the independent lot of independence are starting to wake up. Oh by the way. I wanted to share this my Buddy christopher hard at the american adversaries sent me this. A former democrat senate majority leader. Gloria romero has endorsed larryelder So listen even in california people understand who greasy gavin new some really is and and and so a former democratic california state senator by the name 'em the majority leader. At least she was former majority leader. Gloria romero is endorsing Larry elder so listen to a. That's a good sign that that is a good sign. There's a lot of momentum larry elder obviously. The democrats are trying to cheat Sean told me earlier sean. How many ballots did she tell me. Twenty twenty two. Oh my goodness twenty. Two million ballots sent out before the august sixteenth. deadline So there's a there's a whole heck of a lot of room For cheating unfortunately. But i was unaware that you guys could show up physically Invoked so if you can do that. I would do that quite frankly. I mean you're talking about liberty and tyranny in my opinion. And i feel like you guys have been under tyranny for so long in california and obviously i'm exaggerating to some degree right but you guys have experienced The the the the absolute corruption And the i don't know. Ju ju just the ineffective policies of the consequences of left wing or of leftism. I should say could just spit it out. So the consequences of leftism california has experienced. So there's plenty of things that you can do. There's plenty of things that elder can do. And we will get into that but this is good news. Listen the polls are looking really bad. Really bad for joe biden oppo conducted by nbc. News in august found that Vitamins approval rating among independence tanked and congressional preference increased in favor. Republicans the poll which took place. This was august fourteen to seventeen in the midst of the catastrophic withdraw. That were still undergoing right now. show biden's approval rating among independents down. Fifteen points his handling of the economy down fifteen points and his handling of the wuhan corona virus down nearly thirty points. See you would think this is you would think he would be up based upon their their mandates but no it's having the opposite effect a four congressional preference among independents swung fifteen points in favor of republicans so it looks like and listen. We're a long ways away. We still have a lot of footwork. We still have a lot of conservative. Cardio that we have to get on a. It's looking like if we get out the vote. If we straighten up our election system to make sure that every one of our states have election integrity. If you will it looks like it. Looks like we could spend some booty and twenty twenty two. And i'm so looking forward to. It's the only time the only time i watch. Cnn just because i want to see their facial reactions in in nbc's meet the press on sunday Moderator tucked chuck. Todd discuss the findings of the poll and how independence could decide the fate of the future of the elections He goes on to say. There's one small group of voters that make the polls move. And i want to show you who they are who they are. They're hard core Independence this is less than fifteen percent of our sample Todd stated they're the only people that seem to be moved by events. Finish up with this on the other side. But i think chuck i think chuck. Todd is a little wrong about this. Explain why carl jackson will be back on. The larry elder show and jackson never common. Now here's special. Guest carl jackson on the larry elder show. I want them back to the larry elder show. I'm your special guest. Host crowd jackson filling in for the great elderski carbon until you live from the relieffactor dot com studio. Let me share you share with you. Some poll numbers real quick because joe biden sinking fast. Actually i did go through. Some of them did deny so all right. So you heard the the numbers that i shared about the Independent vote and it's i mean. The independent vote is drastically dropping for joe biden. And obviously they're gonna pay attention to this right again. I'll just reiterate that he is lost. He's down fifteen points among independents And that's fifteen points down on his handling of the economy Thirty points down on his handling of the wuhan corona virus and then There's there's a congressional preference among independence that has swung fifteen points in favor of republicans. You have chuck todd yet. Msnbc believe or. Meet the. Press on. Sunday nbc's meet meet the press. Who said and i quote. There's one small group of voters they make the polls move and i want to show you who they are. They're hardcore independence. This is less than fifteen percent of our sample. they're the only people that seem to be moved by events. Here's where i disagree with with chuck. Todd who did who did trump siphon off see trump did a good job of siphoning off democrats and i believe this is an opportunity of a lifetime for the gop to do the same thing. We are seeing.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Tell me if you flipped. What flipped you. We'll be right. Back all across america though larry elder show yeah just about five minutes before the top of the hour it will slow vibe gone on their wake that up wake up. We got a lot of work to do to save this country. It eight eight nine seven one. Sage triple eight nine seven seven two four three bob france in for larry elder going to dallas. Eric you're on. The larry elder show bob france sitting in eric. Go right ahead sir. Hey bob great to talk to you. Love freedom of speech and love. America like a lot of my democratic buddies are veterans. Like me who put their life on the line for your freedom of speech and all of our liberties. I'm glad to hear that. And and i know that that is the case. And that's why. I wanted to be clear when i made that statement before i want i want answers to it. Rather certainly. I don't mean to a man when i say. The democrat party in this country hates america. Certainly there are exceptions to every rule. i would say your buddies are now when you said. You're democrat buddies. Are you one of the democrat buddies. Also oh yeah. I grew up republican. But i've been a democrat since about over four zero to maybe okay so so tell me. This isn't that's told me this eric. Thank you for your service and all your friends who serve this great country to democrat republican. I don't care what you are. You wear the uniform. You serve this country. You have my deepest respect. What do you say when your party allows things like. I've been talking about this first hour to go on unresponded to what do you say. When a prominent member of congress a sitting house member on a powerful subcommittee by the way like ilhan omar compares the united states and israel to terror groups like the taliban and hamas and you get twelve out of hundreds of democrats in the congress and in washington twelve of them to see anything even remotely critical of her as democrat. How do you feel about that. But you know i wish both parties would do the right thing all the time i mean i wish list chaining was still on the republican leadership. Because all she's doing is telling the truth. I've got a lot of my trump's friends that Don't save your your your dodge. Dodging don't do that don't do that. Don't don't be a democrat in this in this respect. Tell me about about what ilhan omar said and whether or not every democrat in washington should have condemned her remarks comparing the us to hamas and to the taliban who was responsible for al qaeda committing the terror attack a all terrorist attack attacks on this country. Tell me why democrats didn't and don't condemn that for the same reason that republicans won't say what trump did was wrong. Because i don't have enough time and you don't have enough time to go policing everything everybody else says because today all you do get on the news and say something crazy so we you don't need high to say the time to say comparing and creating an equivalency between the united states and the nation of israel which of course is routinely attacked by the terror group. Emma's to say that they are are one in the same or that our moral equivalence to one another. You don't need a lot of time to say that you just say twelve of them. Did the rest of them won't that's the issue we'll be back.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"That attention just may learn something. Hey el dorados. Today out. But baugh france will be sitting in for me. You are in good hands. That's what my Football coaches used to they. All you know now they say about my son actually good hands. That's yeah it's it's relatively in my family. And and i'm happy to say that i was g i started passed it on to the boy but i the og good hands. Welcome to the larry elder show. My name is bob. France sitting in for the brilliant larry elder the the wondering. Why i'm here. I'm here. I'll come get distracted. Because i've got a very strange echo in my head right now. I don't know exactly why that is going to do my best to get rid of it. Hopefully sooner rather than later so that we don't have any issues here but at the moment i'm hearing myself in reverberations so i apologize for that but at any rate So great to be here for Larry elder and i live in the relieffactor dot com studios of cleveland ohio. The home base is a m. Fourteen twenty the answer. And i want to start this broadcast at seven minutes after the hour. My asking you a very simple question. That's gonna sign like a very difficult question quite frankly because it's going to be. It's going to sound rude. It's going to sound like you know unfair. It's gonna sound like it's it is A little bit Insulting but it is going to be insulting and it is going to be real though. Do you believe as i do that. The democrat party writ large as as a whole democrat lar- A party hates the united states of america. I this is going to sound just like oh totally over the top. I get it i do but i want you to give me a the benefit of the doubt here. Let me explain myself better yet. Let them explain themselves. I think that's probably the best way to do. It is let them explain themselves quote. We must have the same level of accountability and justice for all victims of crimes against humanity. We have seen unthinkable atrocities committed by the us hamas israel afghanistan and the taliban. I asked secretary blinken where where people are supposed to go for justice now. Those aren't my words. Of course those are the words. And i know you've known this now. You've talked to you listening to your talk about it at many others but i i wanna i wanna go big picture here i do. I feel like it's important to do so. Those words by representative illinois omar. I call her jihad omar and i call her partner in crime. Literal crime crime crimes against humanity crimes against certainly the anti semitic rashida to leave from michigan. I call her sharia to leave. And i make no apologies for it. Gi mar and sharia to leib our to anti semitic members of congress to anti semitic members of the squad which i think requires antisemitism anti-americanism for membership in said squad. I really believe that. So what i really want to know is is when they make statements when in this case it was jihad omar comparing and making an equivalency type of statement putting the united states and israel into the same category as hamas and afghanistan. And of course the taliban nf gal in afghanistan this is expressing just an open hostility a hatred a revulsion quite frankly For the united states of america and certainly for israel is well. Now the reason. I'm asking about whether or not the democrat party. Big picture writ large hates the united states of america is that statement is one of hatred for america period. You're comparing the united states. I i'm gonna keep saying israel but bear with me here on this. I'm just focusing on the us for the moment. But she's going to make that statement about the united states comparing it to terror groups comparing to the taliban a terrorist sponsoring the terror sponsoring Essentially government. That runs afghanistan the organization that allowed the al qaeda forces to train and be funded in their country In order to carry out the worst terror attack in the history of this country on nine. Eleven which we're coming up on the twentieth anniversary in september We're talking about hamas which pretty much constantly or at least whenever donald trump is not in office is constantly attacking israel trying to kill israeli citizens civilians more specifically trying to kill jews in israel on a regular basis until the point where israel has to fight back putting the united states into that category can only indicate that they simply despised and reviled the united states. Say come on bob. How can you say that. That's the entire democrat party to have ilhan. Jihad omar make such a statement and have her squad back up and defender. How can you say. That's the whole. That's the radical element of the democrat party. well art. Let's talk about how. The democrat party reacted to that what we have since. Jihad omar made that statement on twitter. Four days ago we had twelve. Let me count them. Twelve democrats soft fit to make a public statement against ilhan omar jihad omar for that characterization of the us as being in lumped in with a group of terror organizations. Let me say it again. A group of twelve. How many democrats are there in the congress combined in the house of representatives and in the united states senate. I didn't count. But they have a slight majority in the house. And they have a dead fifty fifty tie in the senate and by the way they have people in the white house. By the name of joe biden kamla harris they have hundreds of federally elected officials at the highest levels of government who are democrats and they managed to round up twelve twelve of them to issue a statement against g. hot omar and by the way they didn't even really in make much of a statement against her they simply said she should clarify her remarks. A dozen out of hundreds criticized her statements and said she should clarify. What does that tell you about. The democrat party. There is nothing ambiguous about her tweet. The us israel hamas the taliban of all committed unthinkable atrocities and human rights abuses. Were all the same and twelve. Democrats saw fit to respond. Well except for of course the members of the squad who also responded but they responded in solidarity and support the tweet more specifically for the muslim representative of color. Let's go to the response of sharia to leib sharia to lead. The democrat from michigan tweeted in response to the criticism from the twelve democrats quote. Freedom of speech doesn't exist for muslim women in congress. The benefit of the doubt doesn't exist for muslim women. In congress house democratic leadership should be ashamed of its relentless exclusive tone policing of congress women of color. You see what she managed to do. Their what sharia to lead managed to do the same thing that corey bush managed to do in response to this yesterday representative corey bush quote stop attacking. Ill hand 'em in which is march twitter. Feed stop attacking us. I'm not surprised when republicans attacked black women for standing up for human rights. But when it's democrats it's especially hurtful. We're your colleagues talk to us directly enough with the anti blackness and islamaphobia. Do you see what they're able to do here. Suddenly the issue isn't the comparison. The united states with hamas. Suddenly the issue isn't the comparison of the united states with a terror group like the taliban suddenly the issue is. Hey you can't attack her. She's a black woman and a muslim assist and in islamaphobia dare criticize her even if she is calling the united states a terror organization. You can't respond to her in such ways. What the squids have managed to do and what so many other high ranking african american or you know what they like to say black or brown democrat leaders have managed to do is to turn their skin it just as barack obama did starting in two thousand eight into.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"I mean we. Can't you know. I i got food food me monica. I enjoyed this. We i gotta run talk sooner. Thank you we all know. The power of the irs and for business owners getting behind in payroll taxes could lead to outrageous penalty. Shut down your business and come after you. Personally larry elder here. The irs is in full force taking action to collect their money. And just how do you think the new administration is going to pay for their big spending plans. You your back taxes. The irs is aggressively going after high income. Earners and business owners wait a minute. This is america. You've got rights so if you are a business. Owner ten ninety nine w. two employees earning more than one hundred thousand dollars per year. Do not call the irs. On your own. You need an advocate. Who knows how to protect you. Fight for you and save your assets. Call my friends. And the only company i trust the leader in tax resolution rush tax a. Plus rated with the bbb and a zero complaint history. Don't wait protect yourself. Protect your business rush to call the experts at rush tax today. Eight six six two four seven six five. Oh two eight. Six six two four seven sixty five o two or rush tax resolution dot com. Larry elder here again with a message for anyone struggling with pain. Like i struggled with for years and of course i want you to know about relief factor. The one hundred per cent drug free supplement. Tens of thousands are now taking every day. Obviously i'm taking it every day. Because i like being out of pain but i know you may be skeptical just like i was but then i kept hearing about all the people who are no longer in pain so i decided to give it a try in fact. Listen to genesis story house. Skeptical at first but because of the pain that i was having when i would substitute teach and have to climb stairs asks i have lower back hip and even knee pain and after about three weeks i found that i could climb stairs pain-free but it wasn't only pain free. I could do it. Step over step without holding on the railing. I'm really happy. It makes me feel like i'm young again. That's relieffactor dot com or call. Eight hundred five hundred eighty three eighty four eight hundred five.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Is america. You've got rights so if you are a business. Owner ten ninety nine or w. two employees earning more than one hundred thousand dollars per year. Call the irs. on your own. You need an advocate. Who knows how to protect you. Fight for you and save your assets. Call my friends. And the only company i trust the leader in tax resolution rush tax a. Plus rated with the bbb and eight zero complaint history. Don't wait protect yourself. Protect your business rush to call the experts at rush tax today. Eight six six two four seven six five. Oh two eight. Six six two four seven sixty five o two or rush tax resolution dot com. Larry elder here again with a message for anyone struggling with pain. Like i struggled with for years and of course i want you to know about relief factor. The one hundred per cent drug free supplement that tens of thousands of now taking every day. Obviously i'm taking it every day. Because i like being out of pain but i know you may be skeptical just like i was but then i kept hearing about all the people who are no longer in pain so i decided to give it a try in fact. Listen to genesis story. How skeptical at first but because of the pain that i was having when i would substitute teach and have to climb stairs. 'cause i have lower back hip and knee pain and after about three weeks i found that i could climb stairs pain-free but it wasn't only pain-free i could do it. Step over step without holding on the railing. I'm really happy it. It makes me feel like young again. That's relieffactor dot com or call. Eight hundred five hundred eighty three eighty four eight hundred five hundred eighty three eighty four.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Is going to have that. I'm larry elder. We all know. The power of the irs and business owners getting behind in payroll taxes could lead to outrageous penalty. Shut down your business and come after you. Personally larry elder here. The irs is in full force taking action to collect their money. And just how do you think the new administration is going to pay for their big spending plans. You your back taxes. The irs is aggressively going after high income. Earners and business owners wait a minute. This is america. You've got rights so if you are a business. Owner ten ninety nine or w. two employees earning more than one hundred thousand dollars per year. Call the irs. on your own. You need an advocate. Who knows how to protect you. Fight for you and save your assets. Call my friends. And the only company i trust the leader in tax resolution rush tax a. Plus rated with the bbb and a zero complaint history. Don't wait protect yourself. Protect your business rush to call the experts at rush tax today. Eight six six two four seven six five. Oh two eight. Six six two four seven sixty five o two or rush tax resolution dot com. Larry elder here again with a message for anyone struggling with pain. Like i struggled with for years and of course i want you to know about relief factor. The one hundred per cent drug free supplement that tens of thousands are now taking every day. Obviously i'm taking it every day. Because i like being out of pain but i know you may be skeptical just like i was but then i kept hearing about all the people who are no longer in pain so i decided to give it a try in fact. Listen to genesis story. How skeptical at first but because of the pain that i was having when i would substitute teach and have to climb stairs. 'cause i have lower back hip and knee pain and after about three weeks i found that i could climb stairs pain-free but it wasn't only pain-free i could do it. Step overstep without holding on the railing. I'm really happy. It makes me feel like i'm young again. That's relieffactor dot com or call. Eight hundred five hundred eighty three eighty four eight hundred five hundred eighty three eighty four america. We have a country to say and now. Here's larry elder barry..
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Minneapolis. Of course where. George floyd died that the black person shot at the police. I apparently irrelevant talking about that. And new take show that. Dr fauci was supportive of so-called gain of function research and therefore might have misled congress as rand. Paul said he did triple eight. Nine seven one s. a. g. e. triple eight nine seven one seven two four three. I am larry elder. We are relieffactor dot com studio. But i want to start out with a mom. Carmel new york at school board meeting. Let's just put it this way. She's not real pleased with the adoption apparent proposed adoption of critical race theory. Good evening my name is tatyana eyebrows. And i'm here for the first time i'm here tonight. Not only as a community member but as a parent in this district. Recently you sent out a survey wanting to know why parents were not voting. Yes for this budget so my my situation. My vote for no is a little different. I think the board of education and those sitting on the panels are thieves. I think they're liars and have committed treason against our children. My message to this district and the members of the board of ed stop indoctrinating. Our children stop teaching our children to hate. The police stopped teaching our children. That if they don't agree with lgbt community that they're homophobic. You have no idea each child's life you don't know whip their family lifestyle consist of you don't know the make-up of their of their life you have children like mine. Who is muslim and christian. Think they would never believe that of her right because the way she looks or according to miss cyrus she's too hasty white. Ma'am ma'am seasoning up here. We're we're not allowed to use names if you have something you'd like to discuss about a specific person. You can pull the superintendent or leave your info vertical you tomorrow. Why are we not allowed to discuss names. Why am i not allowed. When they purposely themselves expose themselves on social media talking about calling for the death of a former president or saying that any child that doesn't believe in black lives matter should be cancelled out. Is this what my tax doll was as paying for your teaching my children and other children that if they believe in god almighty they're part of a cult these educators put their own names out there. We have mr berry. Who took it upon himself with miss cyrus to create a curriculum. Do you want the proof. I have the proof. You created a curriculum of black panther indoctrination. Ma'am us tax payers dollars. Who one more time. I have no issue hearing what you have to say. But why why can we not let the public speak. Why can't we let the public know that. You're teaching our children to go out and murder. Our police officers. Do you want the proof. I have the proof is that what scares you. The proof that apparent actually standing up against all of you is that. What scares you to call out the names of these people. You work for me. I don't work for you. You have a duty. We are entrusting our children to you. We teach our children morals values when they grow up to commit crimes and end up in prison and kill a police officer. It's our fault. No it's your fault. You're emotionally abusing our children mentally abusing them you're demoralizing them by teaching them communists us. This is still america. Ma'am and as long as i'm standing here on this ground earth of god. I will fight and i'm not. This is not the last of me you will see. i'm retired. i have nothing else better to do. We can do it peacefully. Or we can take it to the highest courts. Because you know and i know i'm not the only parent. Fighting is all across america right now. Schools are trying to poison our children's minds teaching them about things that have no right to be taught in school. so so normally. I'm just gonna if you don't mind just give you just feedback for a moment. I have no problem having a peaceful discussion. This is not a peaceful discussion. No that's your opinion. See here we go again. This is peaceful to me. This is peaceful. Well i'm not burning. Looting and murdering this is peaceful. I did not accuse you of that. But i don't have a problem having a conversation with you a peaceful conversation. Which is this is not six hundred ninety.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"To <Speech_Male> <Speech_Music_Male> <SpeakerChange> <Advertisement> <Music> <Speech_Telephony_Male> <Speech_Music_Female> vote <Speech_Male> must suffer <Speech_Male> twice <Speech_Music_Male> as much as they <Speech_Male> try to make the rest <Speech_Music_Male> of the country suffered <Speech_Music_Male> the republicans <Speech_Music_Male> are lost. <Speech_Music_Male> <SpeakerChange> They <Speech_Male> are committed to trumpism. <Speech_Male> Triple eight <Speech_Male> nine. Seven one s <Speech_Male> eight g triple eight nine <Speech_Male> seven one. Seven two <Speech_Male> four three. I am larry <Speech_Male> elder. We are <Speech_Male> relieffactor dot com. <Speech_Male> We've got a nail biter <Speech_Male> here. We have <Speech_Male> robert squaring off against <Speech_Male> jerry. Where on the fifth <Speech_Male> and final clue robbery <Speech_Male> gave the last answer correctly. <Speech_Male> By the <Speech_Male> way. That gentleman <Speech_Male> was keith. Obermann <Speech_Male> robert <Speech_Male> member keith olbermann. <Speech_Music_Male> Espn <Speech_Male> for a long time. <Speech_Male> And then they started doing <Speech_Male> politics and they went back <Speech_Male> to sports. <Speech_Male> I can't watch this <Speech_Male> man. And whenever i see him on. <Speech_Male> Tv <Speech_Male> i move away <Speech_Male> anyway. Robert <Speech_Male> here's the fifth and final <Speech_Male> clue. Whoever gets <Speech_Male> this when correctly wins the whole <Speech_Male> thing and because <Speech_Male> This is <Speech_Male> <Advertisement> your new round. <Speech_Male> <Advertisement> This time you can <Speech_Male> <Advertisement> use the phone of broke necessary <Speech_Male> <Advertisement> here. We go going <Speech_Male> <Advertisement> to start arresting. <Speech_Male> <Advertisement> Everybody <Speech_Male> come across the border not <Speech_Male> just arresting them <Speech_Male> but because this <Speech_Male> is not going to be aggravated <Speech_Male> trespass <Speech_Male> going to be spinning a <Speech_Male> half a year <Speech_Music_Male> in jail if not a year <Speech_Male> in jail <Speech_Male> <Advertisement> as well as other action. <Speech_Male> <Advertisement> That will be announcing <Speech_Male> <Advertisement> next week. <Speech_Male> <Advertisement> Who's a gentleman robert <Speech_Male> <Advertisement> and again you can use the phone <Speech_Male> abroad. You need one. <Speech_Music_Male> <Music> Oh <Speech_Male> <SpeakerChange> <Speech_Telephony_Male> role <Speech_Male> he is. The governor <Speech_Music_Male> of texas <Speech_Music_Male> <SpeakerChange> <Speech_Telephony_Male> got <Speech_Music_Female> somebody. <Speech_Music_Male> <Speech_Music_Male> <Speech_Music_Male> <Speech_Music_Female> Robert <Speech_Music_Male> <Speech_Music_Male> <SpeakerChange> <Speech_Music_Male> <Speech_Male> <Speech_Telephony_Male> was a <Speech_Telephony_Male> tough question. It <Speech_Male> was rough. Yeah especially <Speech_Male> the <Speech_Male> karl rove one. <Speech_Male> <Speech_Male> That was difficult <Speech_Male> Keith olbermann was <Speech_Male> difficult to so we didn't play <Speech_Male> around this week but anyway <Speech_Male> robert very <Speech_Male> well done you stay on the line. <Speech_Male> We're going to get your <Speech_Male> information and jerry. <Speech_Male> Sorry things didn't work <Speech_Male> out. We don't do <Speech_Male> participation <Speech_Male> trophies. On the larry elder <Speech_Male> show. If you lose you <Speech_Male> you lose. <Speech_Male> Here's a poll <Speech_Male> question. I left you with <Speech_Male> yesterday. Do you believe there <Speech_Male> have been under. Unidentified <Speech_Male> flying objects <Speech_Male> that suggests there is <Speech_Male> life beyond earth <Speech_Male> forty five <Speech_Male> percent said yes <Speech_Male> to five percent said <Speech_Male> no this <Speech_Male> next one is a four <Speech_Male> part will do it on <Silence> monday <Speech_Male> if <Speech_Male> you are white. <Speech_Male> Have you been accused of racism <Speech_Male> within the last few <Speech_Male> years if you wear black. <Speech_Male> Have you been accused <Speech_Male> of racism within the last <Speech_Male> few years if you're <Speech_Male> hispanic.
The Larry Elder Show
"larry" Discussed on The Larry Elder Show
"Show me the research. Show it to me to have that. We have from the washington post that the warsaw nonsense also review also said also research. Use a harvard professor. That also showed that black people are treated more aggressively by police off. No you are wrong in your interpretation of that. Harvard study because i read the study. That's not what he said. He said he was surprised to find is to find that in shootings of the of the most severe in shootings that he found no evidence that there was a difference. Also it should be noted. That study was a very small sampling. Police departments across the country. Many people did not find it credible but it is also interesting that in that research he found that blacks were treated differently when it came to aggressive policing but for the most egregious shootings. He found no difference based on. What just generally are we talking about high crime areas. Are we talking about police officers being under attack. Because let's go back to where this whole thing started in ferguson. The the studies to which both people referred. We talked about many times on the program. One of them is about the black harvard professor and he found as chief. Sheriff david clarke said he was surprised to find. The police were more hesitant. More reluctant to use deadly force against black people and the washington. Post study as i'm surprised on the mon- even mentioned it because it completely debunked what he was saying. That was a very long piece. We talked about it many times. April twenty seven twenty sixteen. Read it for yourself and donna. The right that the harvard professor did find the police were more likely to use. Non deadly force against black people. Eighteen.