38 Burst results for "Long Island"
A highlight from How the Crypto Investing Landscape Has Changed
"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 24. 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 a link in the show notes or go to bit .ly slash breakdown pod. Hello, friends. Welcome back to Long Read Sunday. Today we are getting into a topic that relates to maybe one of the biggest themes that we're watching right now, which is capital fun flows and the institutional engagement with the cryptosphere. Now, our piece today comes from Jeff Dorman, the CIO of ARCA, who has some really interesting insights to share about the time that he has been running his fund. The piece is called What I Learned Managing a Crypto Fund for Five Years. And because I am recording my sixth podcast of the day, I am going to enlist a little help from AI me, but I will be back as regular old NLW with some wrap up thoughts at the end. I've been running a crypto fund for one thousand eight hundred and twenty five days. ARCA just achieved a major milestone, reaching a five year track record of managing outside capital in our liquid hedge fund. Five years in any other industry may not seem like a long time frame, but in crypto, we often joke that one crypto year is equivalent to five normal years. And with twenty four seven trading hours, it's not untrue. During these past five years, I have seen many of our peers come and go, leaving a bit of survivorship bias as it pertains to crypto asset management. As chief investment officer overseeing this fund, as well as three others under the ARCA umbrellas, I experienced firsthand the evolution of this industry through good times, bad times and constant innovation. The five year anniversary provided a natural timestamp to reflect upon what I learned about managing money and about the industry. Here are five of the most important takeaways from managing a crypto portfolio for the last five years. In short, investing in these markets is very challenging. One tweak assumptions and risk models. This perhaps goes without saying to any person who has invested in this market, but this is not an easy asset class to invest in. For starters, the frequent booms and busts creates a false sense of liquidity and an often accurate depiction of expected beta and returns. All risk models, expected loss provisions and sizing parameters are based on historical data and correlations, which change incredibly quickly. There is a reason why most funds in this space are early stage venture funds, where many of these real time market related issues are not relevant. For those like ourselves who manage liquid funds, it is a constant game of tweaking assumptions and risk models to interpretation over speed. Contrary to popular belief, just because crypto markets trade 24 seven globally does not necessitate 24 seven trading coverage. Overtrading every tick is costly in any asset class, and the additional hours of crypto trading often try to lure you into more activity. But the reality is that the fragmented global investing landscape actually gives you more time to react to news and information. While there will always be bots and algorithms that react immediately to news, much like after hours equities trading post earnings, these initial knee jerk reactions are often wrong. And since one third of the world is sleeping at any given time, it often takes days for the true market reaction to play out. A correct interpretation of information is much more important than the speed with which you react. Three, careful documentation is crucial. On the flip side, the 24 seven workday does lead to difficulties not seen in traditional markets. In TradFi, even your worst day week eventually comes to an end, giving you ample time to reset and think through decisions while markets are closed without price gyrations clouding or influencing your thought process. In crypto, these natural resets often don't exist. Take the events of Terra Luna, for example. The entire unwind of a 30 billion dollar ecosystem happened within three days, with continuous trading and new information flow over the 72 hour period. We made decisions during this stretch that in retrospect would not have been made with more of a grace period. And we have since learned how to better implement risk management during a future period like this. In hospitals, mistakes don't often occur because doctors are overworked or tired, but rather because of improper handoffs to the next doctor who lacks that full set of information because the previous doctor failed to document fully. Crypto asset management requires similar knowledge, handoffs and documentation for balance between short and long. In debt and equity markets, quiet periods of time, summer holidays often lead to slow grinds higher in price. It is expensive to stay short and dividends and coupons continue to accumulate, adding more buy interest to the market. The opposite is true in digital assets, since the majority of crypto projects accrue value through network activity, slower periods of time tend to slow momentum of an asset. And since most assets have no distribution of cash flows, the cost to short is minimal. As such, negative price action tends to be more prevalent when markets are slow, leading to difficult decisions with regard to hedging and long exposure. As a result, active management continues to trump passive indexes. Rules based passive index strategies simply cannot keep pace with the innovation and changes to these markets. Similarly, these indexes can't take advantage of the volatility, which creates quite a bit of alpha. Over time, this will likely change as the market matures, but we're not there yet. Building a good team is fundamental for success and incredibly challenging. I've worked for seven different financial firms over the past 25 years. I've seen thousands of resumes and have interviewed hundreds of people. I've worked personally in just about every financial department, banking, trading, research, sales, business development. If a TradFi Wall Street firm asked me for a candidate, I could find them one pretty easily that best fits their needs. Five, hire people passionate about the industry. But what are the best attributes and qualifications for a research analyst in crypto? What makes the best trade ops person? Who is best suited to handle investor relations? These are still not easy questions to answer in crypto. During the first few years of our fund, we took what we could get, which is to say, whoever wanted a job. The pay sucked, the hours were long, and the future was very uncertain. Anyone who wanted a job in this industry in 2018 shared a true passion for blockchain success and was willing to learn any part of the job necessary to succeed. Most people who joined this industry pre -2020 are still working in this industry, and their job responsibilities evolve in real time. But in 2021, I could have handpicked any person I wanted from every major bank, brokerage, and hedge fund, who all had zero crypto experience but saw big money ahead. The resumes were pouring in. Many of these employees didn't work out. In 2023, we're back to the passionate souls who will do anything to work in this industry. Six, everyone wears multiple hats. This is a very hands -on business where research analysts have to test functionality of applications, challenge status quo financial modeling, and network live with other industry veterans at conferences. Traders have to navigate back and forth from US macro to Asian currency markets to crypto -specific on -chain wallet movements depending on the current correlation du jour. Back office employees have to test new service providers every three weeks to keep up with changing regulation, best practices, and LP demands while navigating constant bankruptcies, closures, and hack attempts. The common denominator seems to be a real willingness to test new theses. If you give 10 equity analysts the same inputs, they will give you largely the same answer and will present the same homogenous modeling techniques to arrive at this answer. If you give 10 crypto analysts and traders the same inputs, they will most likely give you 10 different answers using entirely different analyses. That's refreshing and often leads to outsized alpha, but also creates challenges when it comes to creating a repeatable formula for success. Seven, trade ops is the most important department. When I worked at credit and equity funds, the back office was overlooked. They were usually young kids eager to move into a real trading role as soon as they could. The job was basic blocking and tackling. Make sure trades settled, make sure your brokerage statement was accurate, and make sure the fund admins did their job. Compliance teams were there simply because they had to be. We all knew the rules, we obeyed them, and if there was any doubt, we checked with compliance but knew the answer would be, don't do it. We should be so lucky in crypto. Trade operations is the single most important job in crypto. You have to touch the assets every single day and a single mistake could cost the firm millions of dollars. As a result, not only do these need to be the most trustworthy people in the firm, but they need to build redundancies that can still operate even if they themselves vanish. Getting into a trade ops role is more glamorous than getting out of trade ops, and those who build their careers in this subset of the fund business end up learning the most about blockchain. Similarly, compliance is not an afterthought in crypto. Unlike in TradFi, it cannot be assumed that your employees know the rules, as most come from completely different backgrounds than Wall Street. Constant education and monitoring is a must. Further, a compliance officer can't just read the rules and assume compliance since there are few clear rules to follow, despite Gary Gensler telling us otherwise. To do your best as both a fiduciary and a law -abiding company is a Herculean effort. 8. The sell side is getting better. In traditional finance, the sell side offers a pretty valuable role. They underwrite new transactions, create novel financing ideas, advise companies on how best to participate in the capital markets, facilitate trading in existing securities, write research on new and existing securities, and pass along market color between participants. Both full -service investment banks and niche broker -dealers exist, but regardless of whether you use a one -stop shop or piecemeal the services with multiple firms, the services themselves are all covered. While the sell side is getting better in crypto, it is still incredibly fragmented and many of these services still do not exist. As a result, fund managers are often on an island, forced to manufacture its own deals, structure its own financings, and do its own research from scratch. Written research from OTC trading shops has greatly increased in volume and improved in quality, providing a necessary channel check on the state of the markets. But the trading itself continues to be very exchange -based, black box, and therefore lacks natural axes between investors. Trading color about flows and activity has improved, but there are fewer market participants to glean information from. There is still no full -service investment bank, and in fact, true investment banking services for underwriting and advisory of token launches is probably the biggest white space going forward. I'm constantly shocked at how few well -known Wall Street capital markets tools are utilized within crypto. Most token launches are doomed from the start. From low float, high fully diluted valuation, FDV token launches, to direct listings at insane prices, to poorly written tokenomics, token issuers, who are often developers and lack financial knowledge, continue to have to come to market without the assistance of those who know how to do this best, which subsequently leads to worse investment opportunities for asset managers. Some service providers are getting a lot better, like Custody Solutions, OTC Trading, and Options Liquidity. Still, others are getting worse, like fund admins and auditors, who in the wake of FTX are pulling back from these offerings. On the tech and research side, it's amazing that Bloomberg's crypto services continue to be irrelevant. The coverage list, their index, and all functionality is still from 2017 and does not take into account how much this industry has grown and evolved. Fortunately, newcomers like Nansen, Masari, Glassnode, Dune Analytics, Telegram, and others have innovated fast enough to take this corner, and we are grateful for these companies. It is entirely possible to run a crypto fund in 2023 without ever logging into a Bloomberg terminal. Overall, fund management is still challenged by the lack of sell -side tools. As the sell -side improves, so will the number and breadth of funds. 9. The investor base is getting smarter. When we began our fund five years ago, we knew the educational journey for prospective LPs would be slow. We were learning constantly as we invested and doing our best to educate interested investors in real time, but it was not practical to expect anyone who wasn't focused full -time on this industry to keep pace. Questions from prospective LPs tended to focus more on how we invest versus what we invest in, and there was definitely a bit of a leap of faith by investors. Fast forward to today and the script has completely flipped. LPs are getting much smarter about the asset class and the investment universe, thereby asking better questions. In some cases, the LPs now know more than we do as they are exposed to different areas of the industry that may not be in our everyday focus. That said, the amount of bad information that continues to flow effortlessly through the media and influencer accounts continues to reach LPs as well, often surprising us in regard to certain topics of interest that we deem irrelevant, but our investors believe are topical. As investors start to become more digital asset savvy, they want far more control over investments and specificity has increased. Asset managers in this space have launched highly specialized funds based on investor demand, including DeFi focused funds, NFT funds, etc. Many asset managers, including ARCA, have started creating funds of one inch that allow for more specificity, but provide the professional team to manage the investments. In 2018, if you asked us, we would recommend going with a professional investor, but as information is more readily available and UI UX of projects get better, we encourage retail investors to research and invest. However, to generate alpha where information asymmetry exists, it's still valuable to have professional fund managers who can take advantage of the 24 -7 news cycle, market volatility, and a murky regulatory environment. Overall, running a fund in this new and innovative space has been incredibly rewarding and we look forward to the next five years. Fund managers will continue to straddle the line between becoming more TradFi -like and adopting best practices of Wall Street, versus finding ways to take advantage of crypto -only opportunities, yield farming, airdrops, testing new applications. The most important factor for success in the digital asset space is faith in the future. We have to believe we are at the frontier of building a new financial system that has the capacity to transform society. While we fully expect bumps in the road and pushback from incumbents benefiting from the status quo, we know that as long as we continue to move forward, fight for the necessary changes, and adapt as needed, this industry will succeed. Okay guys, back to regular old non -AI NLW. The thing that stands out to me after reading that article, as trite and as cliche as it sounds, is just the how early we are theme once again. Every cycle it feels like we see it as the mass flow of new institutions into the space and to some extent it's true. We obviously got a lot more market participants from the traditional sector last time around than we had before. It feels, however, now that we're inching ever closer to a period in which those traditional actors aren't just tourists, but are long -term participants in the space. Certainly right now you have an interesting jockeying for position where the Blackrocks and Fidelities and Franklin Templeton's of the world are laying the foundation for what seems like a much more proactive end -to -end from the beginning of the cycle on through whatever happens after kind of approach. I've said before and I'll say it again that I think Blackrock's ETF application will mark a significant pivot inflection point of this cycle when we look back at it historically. I think we will see it as a firewall that stopped whatever further slide might have happened and reinforced for market participants that crypto, despite being as down as it was in every sense of the word, was going to come back. And so I think about Jeff's next five years running a fund and how different they'll look. The different participants that will make up the market. The different ways in which people will engage. It's pretty hard to imagine from where we are, but it's certainly interesting to think about. Anyways friends, that is going to do it for today's Long Read. I hope you are having a wonderful fall weekend wherever you are. Until next time, be safe and take care of each other.
Fresh update on "long island" discussed on WTOP 24 Hour News
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Are You Offering A+ Services?
"Along with products, you also have services and relationships. So for you guys right now, you're cutting, you're mowing the lawn, listening to this, or you're doing some hardscape work, listening to this, or you're a grower and you're out on the field right now. Think about what services you provide right now. And are they A plus? We've heard many people talk about answer the phone. It's that easy. That's the first start. The services you provide guys need to be A plus like you really have to work on it. I know it's tough and you might have a lot of stress on you and you have a lot of things going on, but your service needs to be 100 % if you're a landscaper, make sure you go and you walk to the job after with the person. If you're there right now, you're doing an island. Don't just leave the rock next to the grass. That way, when the maintenance guy comes, now the person's complaining, calling you, telling you that the rock gets thrown everywhere, put a border. Oh, but it's not in the budget. Will he make it fit in the budget? Explain to them why they need that and how it's going to cost them money down the road if they don't do it. Think outside the box. And also with products, let's say you're an irrigation company, buy good sprinkler systems, buy good heads, buy good valves. If you're installing wireless boxes to be able to control different zones and turn on your customer's irrigation at a specific time, buy a good brand. Don't go on eBay and don't buy just whatever brand to try to save money. Look into the future as you're doing this type of stuff, guys, the better products you put in from day one means a happier customer day two, and that will bring nothing but referrals and we all know that the best type of advertising is word of mouth right now you're working. What can you do right now on the ground that can better your customer's experience? Do they have a tree that needs to get trimmed? That's about to touch a power line. Whatever it is, think outside the box, you know, make it happen at the end of the day, if you're doing service, the more services you can provide, the better turnaround it is, not just for the client, but for you as
Fresh update on "long island" discussed on WTOP 24 Hour News
"California florida and long island sea after full terms at you live they know firsthand the road to this is an uphill climb uline started in the family basement and through hard work is now north america's most trusted shipping and industrial supplier they get what it means to have the support of reliable hard working partners so they keep forty one thousand items ready to ship whether your company is still in a basement office or expanding cross -country uline will be there on your road to success uline dot com is a kale chip the way to a kid's heart? more than you might think says kate arson who leads the anova healthy plate club a program for title one students in our region anova partners with to
Jennifer Robbins Bell Describes Her Best and Worst Marathon Experiences
"Tell me the best race that you've done so far. What's been your favorite? What city, state, whatever? That's a tough question. I loved the St. George Marathon out in Utah. It's just so, the scenery is just so different from where I live in Massachusetts, the Red Canyon. It's just so, I love that area. Like, all the canyons. I think it's beautiful out there. I haven't done that one. But I have done Crater Lake in Oregon. And it was like that for me. It was just breathtaking. Yeah, that's my favorite. It's very cool to go somewhere that's just so different. Absolutely. What was your least favorite so far? Was there one that you're like, oh, I'll never run here again. I don't know if I should name it. You can just describe it. You don't have to put a city name on it. How about that? What was bad about it? So I was almost done with running my 50 states. And it was one of my last few states that I had to do. So I signed up, traveled, flew out there, stayed in a hotel. And we got up in the morning, started running. And then a storm rolled in. And I got to mile four, and they canceled the race. That's the worst. It was awful. Yeah, they don't understand that all the money, all the money, the flight, and the hotel, and probably a car rental, time off work. Oh, that's the worst. I was just like, it's not that bad. Just let me go. Yeah, it should be optional, honestly. I mean, let me sign a waiver quick during this downpour that if I get stuck by lightning, it's OK. It's my own fault. Yeah. Oh, man, that's the worst. But then there wasn't really very many options in that state. So I actually had to go back and run it anyways a couple of years. The next year, I had to go back and run it. Man, oh, I feel your pain. I haven't had one canceled while I was there. I was supposed to do Jekyll Island, Georgia last January. And they were worried about the hurricane things. So they let us know a few days ahead of time. And so we were able to cancel the flights and all that. So I got the vouchers and stuff. So at least I hadn't actually wasted my money and had to do that part again. But it was still disappointing because you're really all jazzed up to go in three days. And I mean, looking at the weather, I know they don't know for sure. Yeah. In that day, it barely rained. It was fine. We would have been fine. Yeah, I've had two cancellations. One was when I was at mile four. And the other one is I had just landed in Philly. And they canceled the race. And I was like, ugh, I'm not going to go all the way to the, I was out of my layover. So I just went up to the airline. I said, I'm getting back on it. I'm going back home. Oh, wow. So they were very, the airline was really, they understood. They were very nice. They just got me on another flight. And I just turned around, came right back home. Because they said, what I'm going to do, sit in a hotel? Yeah. So yeah, that happens to us. And we got to kind of take the good with the bad. It's almost more disappointing than an injury when they do that.
Fresh "Long Island" from WTOP 24 Hour News
"By Red River, technology decisions aren't black and white. Think red. And here's Frank Ben have a reality check for the commanders. They lose to the Buffalo Bills 37 -3 and land over a lot of mistakes. Turnover prone quarterback Sam Howell had four interceptions on the day sacked nine times wide receiver Tara Mclaurin says even though there are two and one we need to get better quick forces us to really dig deep and figure out what can we do to make sure we get better in seven days to make sure those things don't happen and so to a certain degree we kind of have to rest our bodies look at the film these next few days and come back stronger but at the same time we have to address the issue so they don't show up again so we're not in this situation yeah commanders will visit philadelphia next week eagles in action tomorrow night taking on tampa bay chiefs all over chicago forty one ten dallas upset at arizona twenty eight sixteen baltimore falls in overtime the twenty two nineteen miami puts up seventy points beats denver seventy twenty just the fourth time in nfl history a team has scored seventy baseball right now nationals playing the braves and they've got a three zip lead top of the fourth inning as the nationals won the first of this uh... double header three to two as action rutledge picked up his first career major league win oriel's beat the guardians five one and in preseason hockey caps lose to the buffalo sabers four three caps hockey is back frank and ran to be to be sports thank you and coming up after traffic and weather how members of the military would be impacted if there is a government down it's seven twenty seven get any large hot coffee for only a dollar forty nine at seven eleven seven with reports and not just the plane coffee any copy so go ahead load up on the well hazelnut don't be shy get as much in that cup as you can our finance guy got super mad at us and started crying for giving so much away but that's his problem not yours grab any large hot coffee for only a dollar forty nine at seven eleven with seven rewards valid through one nine twenty four participate in u .s. stores excludes california florida and long island sea after full terms at you live they know firsthand the road to this is an uphill climb uline started in the family basement and through hard work is now north america's most trusted shipping and industrial supplier they get what it means to have the support of reliable hard working
A highlight from Week in Review - Episode 24
"Cycling isn't just cycling. It can be cycling or cycling or even cycling. Peloton isn't just one thing. We have classes that will ease you in and classes that will make you sweat and a range of instructors so you can find your match. Whatever you're in the mood for, we can get you in the zone. See for yourself with a worry free 30 day home trial. Visit one Peloton dot com slash home dash trial terms apply. Welcome to the Mike Gallagher Show Week in Review podcast. It's just about everything that's happened this week. I'm Eric Hanson, and we begin with President Trump, who made some controversial statements about abortion this week and called Ron DeSantis's six week abortion ban a terrible mistake. We might as well get this out of the way. We got President Trump with an answer to Kristen Welker on NBC's Meet the Press and her debut as the new host, which gave a lot of ammunition to Trump haters who want to hurt him and try to wreck his chances of becoming the nominee in 2024. This is an interesting dilemma that Republicans have. Here's the dilemma. Pro -life fighting for the sanctity of those unborn babies, the sanctity of their lives, the sacredness of the innocent. That's a centerpiece that's foundational for the Republican Party. And whether we like it or not, this particular debate that we're having in America over abortion is crushing us at the ballot box. And Donald Trump, I believe, was trying to address that with Kristen Welker on Meet the Press. Let's get it out of the way. I've been dreading this all weekend. Well, it wasn't all weekend. I mean, this first broke, I think, Saturday. They gave a little preview of his answer. I don't love his answer, but I also don't love the way Trump critics are pouncing on him, claiming he's not pro -life. I got into a big knockdown drag out, as I expected I would with my friend Mark Davis in Dallas, because Mark is now hell bent on proclaiming that Donald Trump is not pro -life. And he's saying that because of this exchange with Kristen Welker yesterday on Meet the Press. If a federal ban landed on your desk, if you were re -elected, would you sign it at 15 weeks? Are you talking about a complete ban? A ban at 15 weeks? Well, people are starting to think of 15 weeks. That seems to be a number that people are talking about right now. Would you sign that? I would I would sit down with both sides and I negotiate something and we'll end up with peace on that issue for the first time in 52 years. I'm not going to say I would or I wouldn't. I mean, the sanctus would really design a five week and six week ban. Would you support that? I think what he did is a terrible thing and a terrible mistake. But we'll come up with a number. But at the same time, Democrats won't be able to go out in six months, seven months, eight months and allow an abortion. Now, there are people who took that answer and proclaimed that Donald Trump is not pro -life, like it's important to proclaim or make some kind of declaration that he is not pro -life. I believe it's ridiculous to claim that a guy who's the only president to ever attend the March for Life, the guy who promised to get Roe v. Wade overturned because that was terrible federal. That was a terrible federal ruling and appointed Supreme Court justices who did just that to claim that Donald Trump is not pro -life is preposterous. It's absurd. It's virtue signaling. And perhaps it's just. The opportunistic way you chalk up some points for Ron DeSantis, because clearly Team DeSantis is pouncing on Donald Trump over this remark. I believe two things can be true at the same time. You can be pro -life and you can acknowledge that this issue is killing us at the ballot box. And we're losing elections. So President Trump has some campaign trouble to manage. Meanwhile, our current president can barely navigate a simple speech. If you miss Joe Biden at the U .N. this week, well, buckle up. Remember when Trump went to the United Nations and gave a really good speech and the media freaked out and said how goofy and wild and unpresidential and unprecedented it was, they had a complete meltdown and he gave a really decent speech. Compare that to the appearance of Joe Biden yesterday at the U .N. Now, even as we have all our institutions and drive creative new partnerships. Let me be clear. Certain principles of our international system are sacrosanct. Both Biden and Kamala Harris do the same thing when they say, let me be clear, run for the hills, because when they say, let me be clear, you're going to see nothing but mud and gibberish. I mean, babbling incoherently in front of the United Nations. And if that wasn't wild enough, you've got the Ukrainian President Zelensky. He marches in with his entourage. You know, I used to say I was torn about Ukraine. People that I respect insist that we have got to continue to fund the Ukrainian battle with Russia, that the American people have to help Ukraine with its border. We dare not have a wall for our own border, but we better, by God, help Ukraine with theirs. We better fund them. We better give them the missiles they want. We got to give them the ammunition they need. We need to. We got to stop Vladimir Putin. And if you push back against that, you're a stooge for Vladimir Putin. You're a Putin puppet. Just ask Tucker Carlson. When Tucker dared to express the belief that the American people have bigger fish to fry than funding Ukraine, he was thoroughly denounced and renounced as a stooge of Vladimir Putin. So there goes Zelensky marching into the UN yesterday with his bodyguards and his entourage, and he gets up to that podium. And what he said was pretty stunning. I expected he would stand at that giant podium in front of that ugly green background at the UN and talk about the need to fund his military. Talk about Russia's aggression against the Ukrainian people. Talk about Ukraine's place in the whole worldview of things instead. We got this. Even though humanity is failing on its climate policy objectives, this means that extreme weather will still impact the normal global life and some evil state will also weaponize its outcomes. And then people in the streets of New York and other cities of the world went out on climate protest. We all have seen them and when people in Morocco and Libya and other countries die as a result of natural disasters and when islands and countries disappear underwater and when tornadoes and deserts are spreading into into new territories and when all of this is happening, one unnatural disaster in Moscow decided to launch a big war and killed the tens of thousands of people. No wonder loony leftists have the Ukrainian flag in their front yard. You would think the Ukrainian president had bigger problems than climate change. Meanwhile, the United Auto Workers hit the picket lines this week. They made a few modest demands like a 40 % pay raise in a four day work week. Speaking of the UAW strike, I watched Sean Fain, the president of the United Auto Workers Union on the Sunday morning news shows. And you know, I admit I'm not a real big fan of unions. In fact, quite the opposite. I kind of think that unions have helped destroy many aspects of our economic system. In fact, it's a commonly held view that pension plans that used to be in place contributed to the decline of the U S automakers. Well, now the UAW is demanding pensions come back. They want the old fashioned defined benefit plan. And as Bloomberg points out, pensions are not worth striking over. You know what I find interesting about the UAW dispute? I heard all the talking points about how the corporate executives at the big three automakers make too much money. That's a Bernie Sanders mantra. That's an Elizabeth Warren trope. The executives make too much. You know, a company can be producing billions of dollars of revenue, but the Bernie Sanders of the world want to cap what an executive at one of those companies earns, which I always find so fascinating. It's as if they want to equate the guy or gal on the assembly line with the big automakers. Well, they're not the same. I mean it'd be nice if everybody made the same amount of money in life hate to break it to your life doesn't work that way. Some people make more than others and admittedly a lot of it is luck. I don't deserve the living that I make, but I'm very blessed to make a good living. There are people make a lot more than I do and I don't begrudge them anything, but simply because somebody that might have a show on television might make 10 times what I make. I don't think I should make what they make simply because we do the same essentially same thing. I mean, and Democrats always have such hypocrisy on this issue. Like somebody just texted me, how many homes does Bernie Sanders have again? It's more than one. But here's something that I noticed when I heard Sean Fain, the president of the UAW talk about executives compensation and how we're not making enough and we're taking steps backwards. I mean, the fact of the matter is the union gave up the defined benefit pension plan in a previous negotiation. Now they want it back. When you give up a benefit like that, you're not going to get it back. That's not realistic. And here's what I'm interested in. You know what was missing from all the coverage of the UAW strike? They never talk about what auto make auto workers make. Now I kept hearing how somebody on the assembly line can't feed their family. Really? What do they make? I kept hearing that Sean Fain kept saying the auto workers have taken three steps backwards. Really? How much do they earn? I know what they want to make. They want a 40 % pay increase and they want to only work four days a week. Now that's a pretty good deal.
A highlight from The Left Is Removing Statues & Erasing Americas History
"It's a real blessing to be surrounded by good people, and there are people who have my back struggling a little bit today. Two dreaded words, dry socket. Anybody who's had a wisdom tooth extraction knows the perils of dry socket. Well, good old dummy me got it and not doing so hot. So we're going to bring in my pal Kevin McCulloch. Kevin and I got to visit on the big Salem, New York, cruise around the island of Manhattan a week or two ago. Kevin, of course, is an accomplished talk show host based in New York City. He's been heard for years on our Christian station and on the news talk station. This is a man of faith, a terrific guy. And Kevin, you're going to help back me up a little bit today. I might be handing off the baton right off the bat. Have you ever had wisdom tooth dry socket problems before? No, I haven't. And just the sound of the words dry socket strike fear into my deepest being. So I feel very badly for you, Mike, and we've got whatever you need from us today. We're here to help. It's every bit as bad as it sounds, and it's not a good thing. It's what you don't want after you have a... I knew it was going too easy. I had the wisdom tooth removed Friday afternoon after the show. Everything was going great. Saturday, I was feeling great, Sunday not so good. And so it happens sometimes. So it's good to have you here with us. And first of all, many, many thanks to the great job you always do when you fill in for us. Of course, I've been listening to you for years, and it must be a fun experience for you because you're sort of transitioning from your own audience and your base into sort of another platform with our show. And I know our listeners have welcomed you with open arms. Well, I have, and Mike, the Mike Gallagher audience continues to be, I think, not only the most informed because of your daily efforts, but they prove to be generous in all of the campaigns that you do. And as I said when I filled in for you the last time, because I work PM Drive, I'm a big Mike Gallagher listener. I listen and actually many times watch your show on the Salem News Channel. And it's just fun to hang out in your sandbox. So thank you for letting me do that. Thank you. And thank you to Jerry Crowley and everybody at Salem Media of New York that allows us to have all the connections to do. It takes a lot of technology to do what we're doing at this very moment, Mike. And if it weren't for them, we wouldn't be able to. You'd be in dry socket hell if we didn't have a better management team. And speaking of Salem News Channel, That Kevin Show has become a big hit on SNC. You're doing a great job with that. And I love the mix. And I was one of your first guests. I was really honored to be on your show. And you've got a great blend of politics and pop culture and lifestyle and all kinds of neat stuff. In fact, speaking of that, let's kick off with some breaking news. Donald Trump Jr.'s account on X, formerly Twitter, was apparently hacked earlier today. I don't know if you've heard this story. There were a series of – well, get this. There were a series of offensive tweets, including one that said, I'm sad to announce my father, Donald Trump, has passed away. I will be running for president in 2024. You know, Kevin, there's such evil out there and there is such sickness and mean -spiritedness and viciousness. And somehow this almost seems par for the course, doesn't it? Well, it's one of those things where if Donald Trump lives this rent -free in the left's heads, just imagine how effective he'll be if he's reelected. I mean, this is – you've got to remember, and I know that you do, Mike, but for people that are listening, particularly cynics, Donald Trump's one of the few presidents that campaigned on a slate of promises and then went and actually did what he promised. If he comes back, he's already making promises about what's going to happen. There's going to be cleaning of the House and the FBI and the DOJ. There's going to be getting rid of the deep state at the Pentagon and places where wokeness has overtaken actual common sense in terms of policy. So of course they're going to play dirty and of course they're going to try to do everything they can. And all I have to do to compare what they think about Donald Trump Jr. is just ask the question, Hunter Biden? Question mark? No kidding. No kidding. Is there any comparison between the two? And you know, speaking of Trump and his promises and his predictions, something has come to fruition in New York City, and you know the city as well as anybody. Now comes news that these goofballs in Manhattan are actually going to consider taking down statues or any commemoration of George Washington, of Christopher Columbus. And I want to go back to 2017. I want to play this for you, Kevin. Check out what Trump said, because when he said it at the time, they condemned him. Oh, how crazy is he? Check this out. You had people in that group that were there to protest the taking down of to them a very, very important statue and the renaming of a park from Robert E. Lee to another name. George Washington was a slave owner. Was George Washington a slave owner? So will George Washington now lose his status? Are we going to take down excuse me, are we going to take down are we going to take down statues to George? How about Thomas Jefferson? What do you think of Thomas Jefferson? You like him? OK, good. Are we going to take down the statue? Because he was a major slave owner. Now we're going to take down his statue. So Kevin McCullough, do you remember the backlash? Do you remember the backlash he got when he said that and they mocked him and they said, what a lunatic. And he's a fear monger. And now just look at what's happening in New York City, what he predicted could be coming to fruition. Yeah. And you know, what's particularly sad about that, Mike, it's like if people have a different view of history, so be it. That doesn't mean, number one, that they should set policy for what everybody thinks about history. And certainly I would make an argument that history is made by flawed people. And it's really people that overcome the worst flaws of what they have that really do great things and that we should celebrate the great achievements, not expect every single human being to have been perfect. But beyond all of that, this city's in a mess. We have crime. We've got migrant overpopulation in ways and areas that we can't even begin to deal with. And this is what people want to focus on. I mean, and it is you're talking about a warped mix of priorities for sure. It's upside down. And it's absolutely happening as I mean, I've been following this and I'm in just absolute utter amazement, as you say, New York City dealing with crime, crippled under monumental budget cuts due to the illegal immigration issue that frankly the Democrats created. I mean, you want to be a sanctuary city, be a sanctuary city. And now the City Council's Cultural Affairs Committee is going to hold a public hearing on a measure to remove works of art on city property that depict a person who owned enslaved persons or directly benefited economically from slavery. Well, of course, George Washington's at the top of that list. So Trump was right. These nuts in New York and in other blue cities are going to try to remove the founding fathers from our consciousness because they own slaves. And it's exactly what Trump said back in 2017.
A highlight from MONEY REIMAGINED: CBDCs Unleashed: Changing Finance for All!
"You're listening to Coindesk's Money Reimagined with Michael Casey and Sheila Warren. Hello and welcome to Money Reimagined. I'm Sheila Warren. A reminder, you can listen to us weekly on the Coindesk Podcast Network or wherever you get your podcasts. And we'd love to hear from you. Tell us what you think. You can email us at podcasts at coindesk .com with the subject line, Money Reimagined. I'm in Washington, DC this week at the Congressional Black Caucus Foundation's annual legislative conference, which is taking place at Walter Washington Convention Center. The theme is curing our democracy, protecting our freedoms, and I am extremely grateful to be invited to participate in this event. But our topic today is much broader than that. I'm joined by Carmel Cadet, who's the founder and CEO of Mtek, which is a New York -based fintech startup with the goal to rebuild central banking infrastructure for the Web3 era. Now, Carmel and I have had the opportunity to speak many times in the past, including when she was instrumental in developing the world's very first national digital currency, the Bahamian Sand Dollar, which many of you will be familiar with from discussions we've had on it on this show. That was her first big government project. But since then, she's signed on six other central banks in the Caribbean and Africa and has plans to onboard more to their platform and their regulatory sandbox design offerings. I'm really looking forward to Carmel joining me today to talk about the advances in central bank digital currencies and CBDCs, particularly how they're being used by diaspora populations and how we're thinking about this opportunity and this technology in spaces that don't necessarily get the attention of groups like the Bureau of International Sutterments, the BIS, or even, frankly, the U .S. government. So, Carmel, welcome. Let's start off by just a little bit by way of background. Tell us, this is an interesting thing, an unusual thing to have gotten so deeply engaged with. And what was the moment when you kind of realized, hey, digital currency is something really critical and important? Your background, of course, you grew up in Haiti. I'd love to hear a little bit about how all that came together to make you the ambassador for this technology opportunity that you are today. Yeah, I never thought I would actually play that role, but I'm happy to be here. So, as you mentioned, my name is Carmel Cadet. I'm the founder and CEO of EmTech. It started really with my story. I'm originally from Haiti, born and raised. And when I migrated to the U .S., I became fascinated by the concept of financial markets, the access to credit cards, the access to mortgage, and car loans, and student loans, and realized that how access to capital and access to money really impacts lives. So, when you think about helping people out of poverty, it's one thing to do aid, but it's another thing to really build a better infrastructure that are more long -term, better institutions, and better access to financial markets, more importantly. So, I was really curious about that, but I didn't know what to do about it at the time I was 17. So, my mom told me to go to school and get a job. In the meantime, as I figure it out, but sure enough, my background is in corporate finance. I ended up lending. But before that, one of my first job was as a teller at a credit union. This is one of those jobs you get to see how people experience money. Day -to -day, paycheck to paycheck, every Friday, every two Fridays, people have a different experience in how their lives are changed with the fact that they get paid, or sometimes when they lose their job as far as how that impacts their lives. Then I got into mortgage underwriting, got to see how the credit system works in the U .S. How do you provide credit? How do you buy houses? How do you get home equity lines of credit? And how do you build value and invest in other properties? I've seen so many different lives changed by financial services. Yet again, I did not know what to do about it, but I landed an internship at IBM. I spent 10 years at IBM. This is where I fell in love with technology. So marrying the two, fast forward to around 2017, IBM was launching the IBM blockchain division. For me, I heard about blockchain before I heard about Bitcoin, believe it or not. The ability to use a technology that really flattens out the intermediaries or the models that you get access to financial services is something that I really, really got excited about because a lot of the policies over the years have changed the makeup of the financial industry in a lot of emerging markets. If you think about Basel III, if you think about the de -risking of a lot of countries, I've seen the results of that, kind of how more and more people in emerging markets did not have access to banking services. And that impacted my family. That impacted how we sent money and how much it costs us to send money back home. And the idea of using technology, I got to see that from IBM. IBM builds just amazing, big technology that impacts the world, so much so that you don't even feel it. You don't even see IBM everywhere, but IBM runs just about everything that we run on and that we use. I fell in love with that concept and blockchain for me was the first technology that really made sense for me for how to do that. So the very simple concept that ignited my curiosity to go into this space is to say, you know, we've been waiting for the banks to bank the unbanked. This is something that different policies and different efforts have tried to drive. And even if you think about Senator Sherrod Brown's bill around fed dollar accounts, the idea of forcing the banks to provide a digital cash or a fed dollar account to unbanked users or low deposit holders, it was a debt on arrival type of proposal because commercial banks would never have the incentive to do something like this. And the fact that I worked at a retail bank and a commercial bank, I understood the business model very clearly. So what blockchain represented for me was really an idea. What if we take the most used asset that people use every day and trust every day, especially those in emerging markets, which is paper cash, what if we digitize it with blockchain? Could we provide financial inclusion by design and having people be part of a digital financial service infrastructure that could be built on and give them an access to a new world? And that's around the time where I got the opportunity. I saw the RFP from Central Bank of Bahamas. And of course, I'm from the Caribbean. I got super excited. I cannot tell you. I remember the first time meeting that RFP, when Central Bank of Bahamas said that they're looking for a blockchain solution to modernize their overall payment infrastructure to drive financial inclusion across 700 islands that make up the Bahamas. I don't think most people know that. It seems like one island is 700 islands. So that was a moment for me. And sure enough, with no architecture, with no reference at the time, me and my team at IBM got together, found partners to work with, and really pitch an idea that the Central Bank of Bahamas ended up really selecting and has now deployed. And I just came back from the CBDC conference in Istanbul, where they were presenting their efforts and their progress. And I think they're one of the shining stars. Yeah, well, I would agree in part because they were the first in part because to your point, it really was about inclusion by design, not just laying over, I use this example a lot, the way that roads were built in Boston and Cambridge is they just saw where the cows were walking and laid down concrete, basically, right, or whatever was used at the time paving. And I think the Central Bank of the Bahamas did not do that. Their goal was actually to create a system that was better in some ways, not just digitize the existing system. And I do think we've seen some other efforts at CBDCs really just digitizing existing systems, not interrogating those systems in the way that I think you and the bank did. But I've got a million directions we could go. But let's start with let's start with this. Because it would be interesting, actually, I could see how you'd be interested in something like a Bitcoin or something like that. Instead, the idea of paper cash was the most compelling thing. Can you just talk about how a how you see CBDC is playing out in the broader digital currency landscape? But also, why that? Like, why fiat, right? Like, why your approach focusing on that specific opportunity as opposed to the broader, let's say, you know, crypto opportunity, or even, I mean, as we were so ended up in the IBM Blockchain division, looked at blockchain in different use cases, so global trade, food provenance, and different application of technology. When it came to financial services, of course, Bitcoin was the first use case that really broad gained visibility and broad access and even fame, if you will, as a token, but in itself, what we continue to see is one, the learning curve on how to get into Bitcoin. I remember how proud I was when I was there. Oh, yeah.
A highlight from A Sober Journey to Becoming an Author
"You know, I had maybe 100 or 150 failed attempts behind me, you know, of me saying, that's it, no more. I'm not doing it today. I honestly can't say what the difference was that one time, but that one time I was well and truly freaking done. And I just said to my wife, I have to get help. It's out of control. I can't control it. And it was terrifying. Hey, everybody. Welcome to the Addiction Unlimited podcast, where you get to learn everything you want to know about addiction and recovery. I'm your host, Angela Pugh, co -founder of Kansas City Recovery, Life Coach, and Recovering Alcoholics. To learn more about me, you can listen to episode zero on your podcast app or find us on the web at addictionunlimited .com. Hi, Will. Thank you so much for coming on and doing this show with me. It's so good to see you. Hey, Angela. Good to see you too. Take a couple of minutes and tell everybody a little bit about you and what you do. Thank you. So my name is Will Thacher, and I'm an author of addiction fiction novels. I'm also an addiction fiction nerd and fan. And that's my little world. I'm a sober guy and I love these stories. I'm a big lifelong avid reader. And I just sort of found this space, which there's really not that much in it. There are a handful of authors that have done some great work and I'm passionate about it. And so that's how I'm doing it. There are so many typical books that you get in the recovery space, right? It's not self -help based. It's not personal story based. It's not a memoir or a how -to or a guide, right? This is really reading for enjoyment. Totally. Yeah, that's exactly right. And you know, there are so many good books that are in the categories that you just listed. And there are new ones out every year and it's very well represented. Personally, I love fiction. It's something that I grew up with. I always had a book in my hands. And from my perspective, it's 90 % enjoyment. And there is a 10 % value in terms of relating this to my recovery, reading about people who are going through the same types of things, albeit in much more extreme circumstances in my books, relating that back to my own recovery. When we watch a movie, for example, that has characters in recovery or in active addiction, I have a very direct emotional reaction to that because I've lived through that pain. And I won't quite call it a spiritual experience, but certainly I'll have an emotional experience, a connection to those characters. So I do think that there is some little residual benefit to my recovery when I read these books. Yeah, I would agree with that for sure. And I think the audience can relate to this also in that recovery can be heavy work. Especially in the beginning, it takes so much of you and your time and your energy and it can start to feel very overwhelming. So to not constantly be immersed in the self -help, the personal development, sobriety, recovery, change your life, get your act together, to have something that has some pieces of that in the familiarity of recovery and recovery language, but to have it be just for enjoyment, I think is so powerful. And I'm really excited to watch this category grow. It's nice to hear you say that. And I personally agree with that entirely. This is deadly serious stuff, literally. But also, I'm a big AA guy and we always say there has to be some fun in it or else people aren't going to want it. And so I think that this is a way to keep a foot in the work, keep the themes and the ideas that you're trying to bring into your mind, trying to bring into your life and take a little bit of a break from the hardcore recovery aspect of it. I think it's worth mentioning that a lot of what I write is definitely not so much for people in their first three or six months of recovery. There are much better things that those people should be reading than fiction. Frankly, their lives are at stake. My work is really much more for people who have a little bit of sobriety under their belts, they're living a sober life and they want to relate to and hear stories about sober characters that are out there. I'm getting ready to publish my second novel now. And what I write about is what's interesting to me. What's going on in my life and in my head, which are next step sober problems. Okay, you got sober, your life got good, then what? Because that's what I'm interested in at this point. And that's what a lot of my characters go through. Yeah. I appreciate you saying that. And it reminds me of when I was new, I'm a 12 step person also. And I remember when I was really new sitting in those rooms and for several months, right? Not understanding a lot of the lingo and like the one liners. And now I love those things, right? Because I've been in it for a hundred years and it all makes sense to me. And it's this beautiful sort of shorthand, like you can pop out this one liner and it has so much profound meaning. Once you get it, it simplifies things. But when I was new sitting in there, I was like, what the hell are these people talking about? I just didn't understand those things. So I appreciate you pointing that out, that there is some depth of knowledge, but I think it can also bring some really great familiarity to the recovery world and some of that terminology and what it means. So I think it could go both ways, but you definitely want to have some basic understanding of a sober life. Yeah. I mean, that's why everybody recommends what they recommend to the newcomer, right? 90 and 90, there's an immersion that should happen in the beginning so that to your point, you start to speak the language and you start to think in those terms. And then from that point on, yes, you don't have to necessarily go to a meeting or two or three a day like I did from my first three to six months in sobriety. Yeah, for sure. So let's talk a little bit about your personal journey. What was it for you? At what point did you recognize that you really had a problem? I mean, I knew I had a problem for a good year or two before the rest of the world was rudely introduced to it. My problem came to light to ring a family vacation. I've actually heard a couple of other people tell versions of this story in the rooms, which was gratifying to me. I had spent the last really year, year and a half of my using and drinking in isolation, and I had gotten very good at hiding away from my family and from friends and doing my thing, doing at that time what I thought of as whatever I had to do to get through the day, surviving in this head of mine. And then we booked a vacation. I went away with not just my direct family, but my extended family for two weeks, and there was no hiding. There was no sitting in my office behind two closed doors, and it was unmanageable. And so I ran around for the first half of it, trying to keep a buzz going, trying to figure out a way to do this. And it just became clear that not just to me, but to everybody else, that this was a real problem and it needed to be addressed. And it was really humiliating to have that happen in such a public way, but probably the best thing that could have happened. What did you do when you really understood, okay, this has to stop, right? We get to that, what I call what everybody refers to as that sort of rock bottom moment. And just to clarify, because there is a misconception about rock bottom, rock bottom doesn't have to be a huge extravagant event. Rock bottom is just the very moment you hit in your head that you're like, oh my gosh, I cannot live like this anymore. Something has to change. So you have that epiphany. What was your next thought and next action to get started in making the change? Well, I had maybe 100 or 150 failed attempts behind me of me saying, that's it, no more. I'm not doing it today. I honestly can't say what the difference was that one time, but that one time I was well and truly freaking done. And I just said to my wife, I have to get help. It's out of control. I can't control it. It's totally out of my hands. Whatever happens, happens. And it was terrifying. So we came home from the vacation and my plan was to get myself into a rehab, go spend 28 days somewhere and let them tell me what to do. But in the meantime, I decided to hit a couple of AA meetings while I got that all sorted out. I have a good close cousin who's in recovery, who's a huge AA proponent. I actually have two cousins, both of whom I adore and whose lives are incredible because of recovery. And they always talk about AA. I guess they talked about it in front of me for a reason. We call that planting seed. I think that's right. So I went to AA. I sat down in a meeting and I heard my first couple of sober stories and I was hooked. I tell people that's what got me sober was the stories that I heard before there was fellowship, before there were steps, before there was service, any of the other key aspects of recovery. Before I even knew what those things were, I heard those stories. I read myself into every one of them, even if the circumstances were totally different from mine. I loved the arc of the qualification, what happened, how it is, how it is now. Just people amazing being incredibly honest. And I really thought, okay, if they can do this, I can do this. They sound just like me. They're literally saying the things that are inside my head. So I must be in the right place. I'm not a stupid person. I can connect those two things. I think I can do this. So I held off on the rehab thing because I thought I could, the great and powerful me, could sort this out on my own. But I did AA immersion, like two or three meetings a day. My work was in the garbage at that point. It turned out to be a blessing in some ways. And so I was doing two or three meetings every day and following guys around and that was how I got sober. Hearing you say all of that just again takes me back to my early days and so much the same experience. And I know a ton of people listening right now are nodding their heads in agreement, where you sit and you hear the other people share. And this isn't a 12 step specific thing. People say the same thing in my online community, and I'm sure they have the same experience in other people's online communities. But you hear people share their stories and you hear your story just with their details. And it's a really powerful experience when you can sit back and go, oh wow, I'm not the only one. Because I think in active addiction, it's so isolating. Even if you're not isolated physically, even if you're going out and drinking with people and you're not isolating in that way, mentally and emotionally, psychologically, it's so isolating because you feel so different from everyone else. I know for sure I felt like I was the biggest piece of garbage on the planet. I was disgusting. I thought my drinking was worse than everybody's, right? Because in my immediate friend group, I was probably the worst, you know? And then I got to the rooms and I hear other people talking and sharing those stories. And I was like, oh wow, okay. I'm not so isolated. I'm not on this one man island all by myself. I do have people that I can connect with and that truly understand. Yeah, totally. And there's a whole room full of them here nodding along the way that I am. For me personally, that's how I learn the best is through stories, which is why I do what I do. It's a passion of mine. But the thing that you pointed to just now that was really powerful for me also was just the self -talk that was going on in my head at that point was so vicious. It was so negative. And I was just brutalizing myself by the time I got in there. Like you said, I was the worst person. Let's be honest, I did some pretty bad things. And so there was some evidence available for that theory. But that's not the whole story. I was also a sick person. And I'd also done some really good things. And so being among people who have felt that way in the past and getting their compassion back in such a direct way was life -saving for me. Yeah. That's so important what you just said too, that it wasn't the whole story. I always say, we are all a thousand piece puzzle and I definitely have some bad pieces. I have some trauma pieces and I have pieces of my personality that can be really unpleasant. I have bad pieces, but that's not all my pieces. We all have good ones and bad ones. And luckily because of recovery, my bad pieces have gotten a little bit smaller and my good pieces have gotten a little bit bigger. But it's important to remember that, that it's not the whole story. And just like as a sober person, I'm sure you'll agree with this too, being sober a long time, my sobriety isn't my whole story either. There's still all these other pieces and facets of my personality that are super important that I have to be mindful of. And I have to nurture all those pieces too. Totally. Yeah. And maybe the most valuable thing that I learned in early sobriety was to discount my thoughts by about 90%. For sure, yes. Whether they were good or bad. On the long list of things that I have no control over, my thoughts is at the top of that list. This brain just cranks out bad data on a regular basis. So the most useful thing that I can do is to understand that. And when I get an idea or a thought or whatever it is, say, okay, that's just a thought. That's not a fact. That is not how the world is. That is not how this person is. That is not how I am. It's just the latest thing that comes out of this head of mine. And I learned to try to lead as much as possible with my heart and not with my head because my heart is much more reliable. My love, my compassion, if I lead with that, I really can't go too wrong. I can't really mess things up too badly. I'd been in the process of messing things up for a long time. So I was in the stop messing things up business at that point. And so that was a very good strategy for me for a long time. It remains a good strategy. Yeah. Remembering too that those thoughts don't put down the drink. Those thoughts in my head, that self -talk and how vicious it was, didn't magically disappear when I stopped chugging tequila on a daily basis. That's the stuff. That's really the recovery part that you have to work on and shift that. And just having that understanding is so powerful too that I couldn't trust what my head was telling me early in the game. I needed outside counsel. I needed another human that was farther along in the process that I could talk those things through. I think, well, this is what my head's telling me. This is what I think I should do to have that person go, oh, no, that's not what you want to do at all. Exactly. Yeah. I totally relate to that. For me, the tone of the voice changed over time. It was equally unreliable, but it was not as negative over time. And that's actually one of the themes in Killing Hurt is that the main character, because he's been sober for a little while and he feels better and his life conditions have improved and he's living a sober life, he becomes much more confident in this voice in his head and he doesn't realize that he's still full of bad ideas. So he has all of these sort of judgments and all of his thinking and he's so sure of them because he's a smart guy and he establishes in the beginning of the book how smart he is and how vital that is to his character, but he's wrong all the time. It's like amazing how often this guy's wrong and that's me. That's how I walk through the life. That's kind of what I like to do with the book is whatever I'm journaling on, whatever I'm 10th stepping in my recovery, it ends up being sort of embedded in one of these characters somehow. Okay. So you just mentioned 10th stepping. So I want you to explain to everybody what that is because a vast piece of my audience is not going to understand what that means. Oh, sure. Yeah. So steps 10, 11 and 12 are in AA, the maintenance steps, meaning these are the steps that you're supposed to do for the rest of your life once you finish your step work. So the 10th step is essentially your inventory. So each night, the way that I do inventory is that I sit down with a notebook every night and I just write what's going on in my head and then I look at what's there and I try to identify where are my character defects at play in this story that's playing out in Will Thatcher's head. I point them out. I'm like, okay, there's some greed, there's some dishonesty, there's some fear, a lot of fear in my inventory.
A highlight from 674:JPEX Meltdown, FTXs Family Feud, and Global Regulatory Squeeze
"Dispatch, this is Mindy at ME Flow. You know, you don't have to put off fixing plumbing problems in your home anymore. I mean, you could just ignore that clogged drain. Or visit MEFlow .com to take care of your plumbing problems. ME Flow, License 271 -001 -2450. Dispatch, this is Mindy at ME Flow. Coming to terms with a dying AC unit is tough. I know, because I've been there. I tried to get my old unit to last just one more summer, and boy did I pay the price. Longest summer of my life. So trust me, if you need to replace your AC, just call ME Flow. My team is on time, total pros, and can take care of any type of AC replacement. Visit MEFlow .com to schedule your free estimate. ME Flow. One call, one company. Well, I gotta get back to it. Dispatch, this is Mindy. Go ahead. Good evening, and welcome to the Crypto Overnighter. I'm Nickademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10pm Pacific on Tuesday, September 19th, 2023. Welcome back to the Crypto Overnighter, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight, we're diving into Hong Kong's JPEG scandal, which has rocked the crypto world and prompted regulatory crackdowns. Across the pond, the UK is sharpening its legal tools to seize crypto assets. But at what cost to financial freedom? In a surprising twist, FTX is suing the parents of its founder, Sam Bankman -Fried, for alleged misappropriation of funds. Meanwhile, the New York Department of Financial Services is tightening its grip on crypto firms with new guidelines. Down in Thailand, a new tax policy could discourage crypto trading by residents, and over in Malta, the blockchain island is aligning itself with new European crypto regulations. Since around the beginning of the year, we started bringing stories about Hong Kong's re -emergence into the world of crypto. We watched China turn a blind eye as Hong Kong politicians and officials appeared to soften their stance against crypto. We've watched as policies have been announced and licenses granted. Sadly, it seems Hong Kong's brand new crypto landscape is in turmoil thanks to the JPEG scandal. The Hong Kong police have arrested eight individuals in connection with the alleged fraud. The police received 1 ,641 complaints involving assets around HK $1 .19 billion. The authorities also seized cash, jewelry, computers, and phones worth about HK $8 million. Additionally, HK $15 million in relevant bank accounts were frozen, along with properties worth about HK $44 million. Hong Kong lawmaker Duncan Chu stated that the city is running its second round of consultation for stablecoin issuance guidelines. He hopes that regulatory guidelines for stablecoin issuers will be released by the middle of next year. This comes as Hong Kong aims to develop itself into a Web3 hub. In June, Hong Kong officially started its crypto licensing regime, allowing licensed exchanges to offer crypto trading services. The JPEG scandal is a glaring example of why regulation is both a necessity and a double -edged sword in the world of crypto. Hong Kong, unlike its hulking big brother China, has been more welcoming to crypto firms. Yet, the JPEG case shows that this openness can be exploited, and the government's response? Tighten the news. Hong Kong's chief executive announced increased efforts to inform investors to only use platforms with Securities and Futures Commission licenses. The JPEG case exposed the vulnerabilities in Hong Kong's crypto market, and it's clear that the government is now in damage control mode. The question is, will this lead to overregulation, thereby stifling innovation, or will it strike a balance, ensuring both growth and security? Either way, it's a critical moment for crypto in Hong Kong, and by extension for the global crypto community. Now before we move on, remember if you find this content valuable, hit that follow button and turn on notifications. Now from Hong Kong's regulatory puzzle, we hop over to the UK. The British are writing new laws that could redefine your notion of financial freedom. Is this an evolution or a step back? Let's find out. The UK is ramping up its efforts to combat crypto -related crimes. A new bill, known as the Economic Crime and Corporate Transparency Bill, is set to be enacted later this year. This legislation aims to empower local authorities with the ability to freeze and seize crypto assets tied to criminal activities more efficiently. The bill removes the need for an arrest or conviction before assets can be frozen. This is a significant change from the current laws. The bill also introduces new civil forfeiture powers. These allow assets to be seized even if a person is not convicted of a criminal offense. This is particularly useful in cases where the subject of the investigation is unlikely to face justice in the UK. The UK plans to spend $124 million to fight economic crimes, a 50 % increase compared to 2020. The bill has moved to its final stages in parliament and is awaiting final approval. Okay, where do I begin? The UK's new bill is a double -edged sword. On the one hand, it's a powerful tool for law enforcement. It can prevent criminals from moving their assets offshore before they're seized. But on the flip side, this could be a slippery slope towards more centralized control over crypto assets. The bill's broad powers could potentially be misused, leading to unjust seizures. Moreover, the UK's aggressive stance might push crypto activities to jurisdictions with lax regulations. This could make it even more challenging for global authorities to track illicit activities. The bill also raises questions about financial privacy. How much power should a government have to freeze and seize assets without a conviction? The UK's move is a clear signal that governments are becoming increasingly uncomfortable with the decentralized nature of cryptocurrencies. While the bill aims to fight economic crimes, it also sets a precedent that could be followed by other countries. This could lead to a global tightening of regulations around cryptocurrencies, which are something we should all be wary of. How you think seizing crypto assets without a conviction is shocking? Hold your horses. FTX is suing the parents of its founder. You heard that right. It's a family feud worth millions, and it raises some dark questions about ethics in the crypto world. Don't go anywhere. So that's gotta be a rough day. The day the company you founded sues the very people who gave you life. But that's what's happening as FTX is suing the parents of its founder, Sam Bankman Fried. The lawsuit aims to recover millions in quote, fraudulently transferred and misappropriated funds. Both parents, Joseph Bankman and Barbara Fried, are accused of exploiting their influence within FTX to enrich themselves. The lawsuit alleges that the parents received millions from FTX for personal benefit and their chosen causes. For instance, they received over $18 .9 million for a property in the Bahamas known as Blue Water. The parents are also accused of siphoning off money for lavish expenses like $1200 per night hotel stays. The filing further claims that Joseph Bankman had a unique understanding of FTX's complex corporate structure, which he used to facilitate a $10 million cash gift to himself and Fried. Barbara Fried was the point person for SPF's political contribution strategy and co -founded a political action committee that received tens of millions of dollars from FTX. The lawsuit also says that the parents were involved in FTX's business cradle to grave. Joseph Bankman is described as a de facto officer of FTX group with broad authority to make decisions. Barbara Fried was actively involved in FTX's political donations. The lawsuit against SPF's parents shines a glaring spotlight on the darker aspects of the crypto world. The case raises questions about the ethical boundaries within businesses in the crypto space. The parents, both law professors, should have known better. Their academic credentials add a veneer of legitimacy, making the allegations even more shocking. The involvement of Stanford law professors in such a scandal reminds us that even those in towers can be lured by the siren call of easy crypto riches. The lawsuit paints the picture of a family that used their intellectual prowess, not for the betterment of society, but for personal gain. It's easy to get caught up in the promise of decentralization and financial freedom, but this lawsuit shows that the same old vices, greed, corruption, and exploitation, can infiltrate even the most modern of financial systems. It's as I said at the time, the crime had nothing to do with crypto and everything to do with greed. Intrigued by the drama at FTX? Make sure to like this episode and share it. But now, let's switch gears. If you thought family drama was complex, try navigating New York's new crypto guidelines. The NYDFS is tightening the leash on crypto firms. Is it protection or overreach? We're diving in.
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.
A highlight from Lexy Boudreau | EFM jobs in PEPFAR, USAID and OIG
"This is Lauren with the Available Worldwide Podcast, and I'm here today with a friend who I met at post, I think my second post, I don't know what it was for her, so I'll have to ask, but I'm here with Lexi Boudreau, who has had, you know, a classic EFM career with a little bit of work with several different agencies and businesses and self and family and all sorts of things pasted together. Lexi, we usually start with a few questions, kind of to get to know you a little bit, so I'm going to ask you, where are you currently located and who do you live with? So, we just PCS'd, or I just PCS'd back to the US with my oldest son who just graduated from college and my youngest son who is going to start his junior year for the first time going to school in the US as a junior, and my husband is starting in Pakistan, so this is my first unaccompanied tour. So, everybody's got new things going for them this year? Every single one of us. I have four children and we're all doing something new. My daughter is a freshman in college and my son is a senior in college, so all six of us have something exciting going on. So, I know that we live together in South Korea. What other countries have you lived in? So, that was our third post. Our first post was, I always say it was our hardest, our hardship post was Bermuda. It was very fun but a little challenging living on a very tiny island, but it was great and our kids were the youngest and then we were in Ukraine and then we were in South Korea and then we were in Uganda and most recently we were in Jordan. With all those different countries, you must have some ultimate comfort foods. Are they country specific or is it a memory from home? My comfort food is crab cakes, which is a traditional comfort food, but that's my favorite food from growing up and it's what I miss most when I'm overseas because not it's something you normally get. So, it's honestly the first thing I try to find when I'm back in the U .S. Are you from Maryland? Sort of. I grew up in South Carolina and Maryland, but Maryland is where my heart is, yeah. Okay. I mean, I feel like crab cakes are pretty regional, though they are also one of my mom's favorite foods. Yeah, it's a Maryland thing. Yeah. So, I have a kind of complicated growing up.
A highlight from With All Confidence
"Let's turn together to the triumphal ending of the book of Acts this morning chapter 28 verse number 11 to begin with Not feeling so triumphant so the Lord's wants us to learn today that despite our feelings this this stuff is true. Amen so acts chapter 28 verse number 11 After three months we set sail in a ship that had wintered in the islands remember they were on the island of Malta a ship of Alexandria with the twin gods Castor and Pollux. These are the gods the patron gods of sailors with the twin gods as a figurehead putting in at Syracuse we stayed there for three days and From there. We made a circuits and arrived at Regium and after one day a south wind Sprang up and on the second day. We came to Puteoli there. We found brothers believers and were invited to stay with them for seven days and so we came to Rome and the brothers there when they Heard about us came as far as the forum of Appius and three taverns to meet us on seeing them Paul thanked God and took courage and When we came into Rome? Paul was allowed to stay by himself with the soldier who guarded him After three days he called together the local leaders of the Jews and when they had gathered he said to them brothers Though I had done nothing against our people or the customs of our fathers Yet I was delivered as a prisoner from Jerusalem into the hands of the Romans When they had examined me they wished to set me at liberty Because there was no reason for the death penalty in my case But because the Jews objected I was compelled to appeal to Caesar though. I had no charge to bring against my nation For this reason therefore I have asked to see you and speak with you since it is because of the hope of Israel That I am we're that I'm wearing this chain and They said to him we have received no letters from Judea about you And none of the brothers coming here has reported or spoken any evil about you But we desire to hear from you what your views are For with regard to this sect we know that everywhere it is spoken against When they had appointed a day for him they came to him at his lodging in greater numbers From morning till evening he expounded to them Testifying to the kingdom of God and trying to convince them about Jesus from both the law of Moses and from the prophets and some were convinced by what he said, but others disbelieved and Disagreeing among themselves. They departed after Paul had made one statement The Holy Spirit was right in saying to your fathers through Isaiah the prophet Go to this people and say you will indeed hear but never understand and you will indeed see but never perceive for this people's heart has grown dull and with their eyes they can barely With their ears, they can barely hear and their eyes their eye and their eyes they have closed lest they should see with their eyes and hear their ears and Understand with their hearts and turn and I would heal them Therefore let it be known to you that this salvation of God has been sent to the Gentiles They will listen He lived there two whole years at his own expense and welcomed all who came to him Proclaiming the kingdom of God and teaching about the Lord Jesus Christ with all boldness and without Hindrance and to all these words God's people say Well Here at the end of acts we have moved from a huddled mass in Jerusalem back in chapter number one To the masses of Rome the capital city of the Roman Empire the center of the world as they saw it so from a little huddled group of 120 in that upper room in Jerusalem the day of Pentecost all the way to Rome where millions upon millions of people lived Let alone pilgrimage every single year and this is all just as Jesus promised Remember back in chapter 23 if you will when Jesus was Testifying before the Sanhedrin before the Jewish Council sometimes called the Jewish Supreme Court chapter 23 verse 11 The Apostles said the following night the Lord stood by here our looks at the following night The Lord stood by him Paul and said quote take courage for you for as you have testified to the facts about me in Jerusalem So you must testify also? where in Rome So Jesus has promised To Paul that he was going to go to Rome to testify of the gospel so he's Moved from the center of the Israelite religion in Jerusalem The temple was and now he's moved to the center of as the Romans described it the center of the world And in fact, this is this is in fulfillment of what we saw the very very beginning Of the book of Acts in chapter number one if you go back there all week the beginning verse number eight Remember Jesus promise and his call and his commission To the earliest church and he told them that they would receive power the power of the Holy Spirit who would come upon them to be my witnesses in Jerusalem and Judea that's the larger region Samaria.
A highlight from S13 E10: City of London & Equal Opportunities Discussion
"Alright alright yeah they might join us well hopefully yes that'd be good yep so I'm ready when you are alright let's go okay so I've been looking at lighters and cigars lately oh yeah mainly the point lighters and yeah the point lighters st. the point the point later it's just been curious might be something I might want to do I might want to collect lighters for some weird reason I think it might be cool don't like the smoke I don't really have anything to celebrate so maybe not smoke them but it might be good to try one at least once yeah sweet I'm hoping that Faith be joins come on ask her what's her why she it's on your teeth yeah that'd be interesting I mean I on one hand I can understand where she's coming from with what's being said about him but on the other hand I think it's important to do research because you never know unless you understand the full context not not to say everyone doesn't understand but you never know if you'd be lied to what if what we see right now is just an illusion true make to believe what we want to believe then you can live in your own fantasy land yes and a matter how hard you tried to be red -pilled you're always gonna get blue pill out of nowhere yep you gotta have a sharp mind yes yes I don't get why she thinks that men thinks she was much who I don't get what she was talking about earlier well and get understand that she doesn't want men to take over but the country of the world was built by men it was built by it every major corporation was built by a man or the vast majority of them I'll give them that I'll give the there have been some very famous male sign to female scientists Madden Curry Mary not to mention I will give them the fact that they a woman did help create the atomic bomb well I did help Einstein create the atomic bomb basically finished the Manhattan Project so they did help build that I'm not saying they can't become the biggest richest man the richest person in the world but I don't think it's gonna happen anytime this century I could be wrong I think it takes determination for women to show that they could do whatever man can it's just that that little amount of determination that there is representation on their behalf they need they need they need there needs to be something that's shown that it is possible regardless of gender religion sexuality at most whatever people group whatever people group there is a chance that you can make it I am gonna say this not all women were Putin present not all women were given their position because they're a talent a vast majority of them and this is sad to say but it kind of means women success but which is true happenstance is the fact a vast majority of these women they were put in positions that they had no business being put into didn't have the skills enough talent they were just put in there because it what's fp they want to say oh we hired a first female VP yeah oh bug off this also experience was her background exactly they don't know it they do what they do it's just ridiculous I know there are people I'm not saying all women are all women were put in this position like this I'm sure there's some ones are very qualified for the jobs and they were put given this corrosion given these opportunities but you've got a quick question of a lot of them were they truly given this jokes of our talents or they just get promoted for worship for virtue like the GM CEO Mary Barra she's unqualified unfit and quite honestly I'm surprised she hasn't been sucked and she's gonna be one of the main reasons why General Motors probably goes under that's just one not to mention I think that will be there I personally believe the future of American companies are all being run by Indian India like so basically yeah Google Indian feel Microsoft Indian there's probably offers swells is there so uh have you heard the news what news up Obama might be gay well I already know that I'm talking about another thing what's over news okay you see no there's this new immigration rule for the UK what's the immigration law so basically in short even if you're a foreigner where you're allowed to enter the UK visa -free you still need something that's called an ETA so you need permission even if you're a foreigner in a country where you can answer enter the UK visa -free you'd certainly permission to come into the country to do whatever and you can stay no longer than six months with the exception of going there for work or even long or long -term study so even if you so they have to get they actually have to go for citizenship yes you need to ask permission to the government to enter the country apply for citizenship by it seems how's the vast majority taken that well what do you think well I shouldn't you should you should know that unless we don't have a fucking field day but let's be real here yes is a little bit concerning but something has to be done about immigration yeah but but not like this so what so what so what let's repeat what they're doing again so basically blocking anybody from coming into the country technical yes what they are promoting is they need to ask the government permission to enter the country even to foreigners in countries that are given free to free access into the UK you still need to ask the government hey can I come in and then if they say yes then you can go in I wonder how that I wonder if I'll stop the boats I don't think I don't think it's about the boats what do you think that that's a separate story what do you think it's about then what do you think it's about control or for it is well has soon that killed his opportunity of staying in in power or is he oh no he's killed his chances ages ago at this point people can people are safely saying then the next election labor majority as I'll never fucking happen that'll never fucking happen well the odds say otherwise I know you don't believe I don't believe everything here in the media I wouldn't trust I wouldn't trust stormer without ever could touch him with two pennies oh no I'm not I'm not painting this in the media the the book he's saying that well the bookies are always the bookies said but Trump would never win and he did win so he's still got his chances if he can fucking fix the economy cuz trust me it's not gonna get better under stormer storms a fucking idiot if you're under stormer Jamie you're gonna be getting rid of your oil and gas you'll be dependent on the thingy and we'll be literally sucking up will be sucking will be the LGBTQ will be plastered around every fucking set will be plastered all around England you've seen the state of Scotland don't let it come to that point I feel sorry for Scots we are gonna hit I hate the LGBTQ I think some a lot of nonsense called mentally ill people doesn't help fun to smoke the representative in my stay in my down the road representative in like one of my districts that is transgender I never happens it is very important to ask people why why are you feeling the way you are why are you doing the things that you're doing I think it's a lot of it I think it's mainly really for attention at least if what we need to do is stop giving these people attention stop giving these people stopping knowledge in their existence because we acknowledge your existence we're just encouraging their behavior it's like saying when you are when a baby when a cries baby cries you don't give it attention cuz it just it you're just rewarding it what we need to do is figure out a way to lower prices on properties what we need is cheap food we need the pricing on food to be as cheap as possible need the prices on property to be cheap so what I'm thinking to stop to solve that I'm thinking what if we were to create a bond what we were to create like a special thing right about basically help give give give everybody give people everyday people an opportunity to basically buy a house so basically cutting the prices in half right and give and give it it's only a certain type of thing that's only allowed for everyday people for the everyday people for the people and not and called big corporations can't use let use it what I'm suggesting we do is give like give massive loopholes for everyday people but bar and control property it's limit them at property but but like the likes of Blackrock the crop price Warhouse Cooper TSB and all these banks in Britain can buy so I've heard rumors that TSB is looking to get into the property market rental property markets which is quite interesting I so else's sir be bought into any new companies lately good strategy the changes in the stock market or the economy for that matter you got anything in pharmaceuticals besides John and Johnson and Johnson there's not much big father I'm investing in it till right now sure if things go away I think is you might be getting a shitload of money off Johnson Johnson soon because of the the sniff yes a district in California basically banned masks in backseat basically banned wearing on masks let's start yeah but it's a district that's always mainly Republican okay okay that makes sense you'd be surprised but there's a lot of Republicans in in California the only thing is so it's not enough to clear the state I do think that California is not big it should be split into two states I'm saying like it should be the north and the east of California one side we should do north of California and east of California and split it down the middle and basically one I personally think that should be it give more delicate seats but remember give more opportunities but not to mention it might be a thing that it might give over can I think all the all the side with Ellie I think everything to do with Ellie and Cupertino should be Cupertino LA California Cupertino all of that should be under one state and the rest of it should be the number let San Francisco I kind of like the north -south California divide yeah well I think in San Francisco part of California oh yeah it's a famous coastal city of California why can't we make that and why can't we make that and it surrounds areas its own state I don't think it's big I don't think it's big enough to be its own state I think it'll be as close as Rhode Island or Delaware it's it's the smallest area let's go but I'm saying the Bay Area maybe California big you know yeah I think I think San Francisco Bay and other neighboring neighborhoods that I think that should be enough to it for it to become its own stuff yeah it could be the next Washington DC what do you mean a shithole well yes but it's also like a district that's predominantly Democrats Washington DC ever since the u .s.
A highlight from THOUGHTCRIME Ep. 13 Willard Romney's Revenge? Dems Legitimizing Prostitution? Oliver The Fake?
"Hey, feeling unsure about your finances these days? You're not alone. That's why Noble Gold Investments is here to help. Just hear it straight from the people who they've helped. The Noble crew walked me through everything with no stress. With their help, I could finally sleep easy at night. And now this month, Noble Gold Investments is handing out a free 5 -ounce silver America the Beautiful coin if you qualify for an IRA. Invest in gold and silver with Noble Gold Investments. Go to noblegoldinvestments .com right now. That is noblegoldinvestments .com right now. Hey, everybody. Happy Saturday. Thought Crimes. I joined late to this because I was at our Pastor Summit. But Andrew, Blake, and Jack carry the water for the first part of the episode. Talk about Mitt Romney. Talk about the Virginia Hooker. And then we also talk about Oliver Anthony, who I call a ginger Bernie Sanders with a banjo. Thought Crimes, where we say things that you're not even allowed to think in Western society. This is your warning. I'm just warning you that, yes, there is things in this episode that are not always appropriate for homeschoolers. Email us as always freedom at charliekirk .com and get involved with Turning Point USA at tpusa .com. That is tpusa .com. Buckle up, everybody. Here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campuses. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Ladies and gentlemen, welcome to tonight's edition, this week's edition of Thought Crime. Are you ready to commit thought crime? Because we've got a lot. Let's go around the horn. I'm not even sure because we got a lot of craziness going on right now. Our gas prices are up almost a full dollar here since last week, almost. And I was in California about a week ago. And I think are you guys hitting about six, almost $6 a gallon right now? Yeah, we are. Yeah, it's about five. How do you do it? I mean, honestly, Santa Barbara is a small town, so we don't drive a whole bunch. We don't feel it as much as probably like, you know, our Los Angeles friends. But I mean, at the end of the day, I mean, California is and actually this, this includes Arizona, Nevada, I believe, Washington and Oregon are considered the same sort of gas island. So they are as it has to do with where the oil comes from. It has to do with where they're getting refined. California has all these special additives and regulations that the refineries, these these benchmarks that refineries need to hit. So it can only come from certain refineries. So it limits the supply even more. It's a whole problem. So Charlie will be here in a little bit. He's at the Pastor Summit right now. He's dealing with some stuff. He's taking care of business on assignment, of course, for Turning Point USA, the faith coalition. But we're here. We're going to hold down the fort until Charlie returns. So shoot us your emails freedom at Charlie kirk .com. Let's get into the first topic here. This one, I think we've all talked about it, but we haven't all mentioned it together. This one, the the revenge or should we say the elegy for Willard Romney? Willard Mitt Romney has announced he's quitting the Senate total rage quit right before the 2024 election. So he's going to serve out the remainder of his term. And of course, as befits his character, he's riding off into the sunset by having the globalists at the Atlantic publish a completely obnoxious passive aggressive interview, trashing his colleagues, trashing Trump, trashing the GOP base. So what is the final word on the GOP 2012 standard bearer, the man who was the nominee for president in 2012? And, Blake, I think you actually have an excerpt from the from this article that's by McKay Coppins in the Atlantic. Oh, well, yeah, exactly, Jack. It's it's amazing. So, of course, he's everything about Romney is, you know, the supposed like, you know, politeness and decorum and all the damage that Trump does to our democracy by being always the last Boy Scout. Yeah, yeah, the last Boy Scout. So naturally, what he does is he announces he's retiring. And then, you know, in perfect timing with it, McKay Coppins has this biography that he's putting out that's, you know, all about Romney and has all these like data points in it. And he's basically just like Romney doing like a drive by shooting on other members of the Republican Party as he leaves. Let's see, like one of the lines from it. This is a summary as Axios summarizes it helpfully for us. Romney shares a unique disgust for senators Josh Hawley of Missouri and Ted Cruz of Texas, who he thought were too smart to believe Trump won the 2020 election. But, quote, put politics above the interests of liberal democracy and the Constitution. And then the even wilder one is for Senator J .D. Vance of Ohio. He says, quote, I don't know that I can disrespect someone more than J .D. Vance. That is a direct quote from Senator Romney describing Senator Vance, who he still has to, you know, share a Senate chamber with for the next year before he actually quits. But, you know, J .D., I mean, can can someone explain what what what is J .D. Vance done in his time in the Senate that's been so ill reputable? It could. Does anyone have what when he went to East Palestine and it seems it seems his crime is that went on there? I'm trying to figure this out. It seems his crime is that, you know, J .D. Vance came out of Ohio. He went to Yale, I believe it was. And then he was in finance and was, you know, and then wrote his memoir, which was very well received. And he's this up and comer on the coast. And then I guess he moved back to Ohio, started doing too many appearances on Tucker Carlson tonight. And like, according to Romney, it was like the transformation was just was just too jarring, like it was too too much of a transformation for for Mr. Romney, who himself has basically transmuted into this like Democrat, I guess. But that doesn't count. This is an interesting this is an interesting take on on all of it. And Andrew, maybe you can give us a sense of it, because what I think that Romney is really upset about here is that he's considering J .D. Vance a class a class traitor. He's calling him a class traitor and saying, look, you're allowed to make money in finance. You're allowed to make go to Yale. You're allowed to go to the great schools. But the one thing and you're certainly allowed to run for the Senate. But the one thing you're not allowed to do is actually go out to the people of your state, listen to the their interests and listen to their issues and then grow and go and try to actually represent them in the United States Senate. This I is think class traitor. I think that's really smart framing, Jack, because at some level, a lot of this is much more about vibe. It's much more about what Mitt Romney thinks is classy versus gross or respectable versus, you know, essentially untoward and beyond the pale. Right. So it's all based on his own little framework of of class structure, of decorum, those sorts of things. So it says here in this, he says he was also highly critical of Senator J .D. Vance, Republican of Ohio, who reinvented his persona to become a Trump acolyte after publishing a bestselling memoir, Hillbilly Elegy about the working class that Romney loved. So Romney loved the book. So at some level, I think it was just like, so I love this book. And how can this kind of become like a Trump bootlicker? Go ahead. Right. So I can there's there and just real quickly, it's kind of like because in the book, J .D. Vance's conclusions, I would say I don't offer this as criticism. I just say it's sort of it's an evolution on J .D. Vance's part because he sort of just says in the book, well, that that sort of that blase classic Republican line of, you know, and everybody just needs to pull themselves up by their bootstraps. I can do it. So can you. And we should cut taxes for big businesses and the one percent pays most of the income tax and that that's kind of it. And then when he went to actually run for office and started really engaging with people politically, that's when he shifted, not socially. Right. But he shifted economically to become more of a populist. Blake, what you're saying? Well, what's so telling in this article is like some of the just a little specific anecdotes that it does pick. And I almost wonder if Coppins is like subtly trolling Romney. Apparently Romney lives by himself and his family in D .C. It mentions let me get let me get the line here. It talks about his his his pad that he lives in. And it says the place had not been Romney's first choice for Washington residents when he was elected in twenty eighteen. He'd had his eye on a newly remodeled condo at the Watergate with glittering views of the Potomac. His wife, Ann, fell in love with the place, but his soon to be staffers and colleagues warned him about the commute, which, by the way, it's like a mile and a half to the Capitol. So he grudgingly chose practicality over luxury and settled for the two point four million dollar townhouse instead. And then, of course, this is not good enough for for Ann. So she never visits him when he's in D .C. So it turns into a gross bachelor pad that has it mentions there's crumbs everywhere.
A highlight from Selects: How Floods Work
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A highlight from How Impactful Will FTX Estate Selling Be on Crypto Markets?
"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 Friday, September 15th, and today we are talking about how much pressure FTX selling will put on the crypto markets. 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 a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, happy Friday. We have lots to catch up on today, starting with what has emerged as a key narrative. That is, of course, that FTX has been granted approval to begin selling their crypto assets. On Wednesday, the bankruptcy judge ratified the sale plan, which was filed in late August. Galaxy Digital has been appointed as the selling agent. At last count, FTX said it had $3 .4 billion worth of liquid crypto assets to sell. Galaxy has been authorized to sell $50 million worth of crypto this week and next week, then $100 million per week after that. Creditors can agree to increase this amount to $200 million per week on a temporary basis before seeking court approval. Galaxy has also been given permission to hedge their sales using Bitcoin and Ethereum derivatives without sizing limits and at their sole discretion. Staking of assets will also be allowed if Galaxy deems it necessary. During the hearing, the judge questioned the need to sell crypto rather than distribute it directly to customers. FTX lawyers explained that there was no meaningful segregation of customer assets and balances held didn't line up with customer accounts. They said, quote, it's all part of one pool. There are assets that are associated with the exchange we call the dot com customer pool and the US pool, but they don't necessarily match customer entitlements. So when we dispose of this, we'll be turning it into cash effectively and the cash will be available for distribution pursuant to the plan. Now, all parties appeared concerned with getting this liquidation moving quickly while also limiting the price impact on the portfolio. A lawyer representing the ad hoc creditors committee said, the sooner we can get this process rolling, the better. Now, the speculation all over Twitter has of course been that this would lead to incredible downward price pressure across the crypto markets with any asset that was being sold. However, Jeff Dorman, CIO of ARCA pushed back on notions that this liquidation will be an uncontrolled dump. Here's a summary of his Twitter thread. He pointed out that Galaxy Asset Management, not their trading desk won the bid. They must act as a fiduciary and sell gradually and opportunistically. He pointed out that Galaxy is receiving massive amounts of reverse inquiry already, some from real funds and some fishing expeditions, but over the counter sales will dominate the buying. In other words, we're less likely to see a lot of selling on exchanges or via TWOPS. As good bids come in, they will engage. Hedging, he points out, will be opportunistic, i .e. long puts to offset a large drop in the portfolio. And he points out that people thinking that Galaxy will rush to sell $3 billion in futures right away is crazy. The goal, he points out, is to outperform a static portfolio, not turn the estate into a long short fund. He reminds that Galaxy cannot front run the sales and profit internally, that that is very illegal and that their asset management business is completely walled off from their prop desk. Finally, he points out that this is not some half -baked plan. It involved months of working with the courts to win this business, and that the point of bankruptcies is to maximize the upside of the estate, not speed of distributions. In other words, this may be capped short -term gains due to opportunistic sales and to strength, but it is not a fire sale into weakness. Now getting even more granular, much of the speculation in recent weeks has specifically surrounded how sales of the hefty FTX Solana portfolio will impact that market. In their most recent accounting, FTX said they hold $1 .1 billion worth of Solana, which is able to be sold. That would be around 14 % of the current market cap. It was previously believed that much of this supply was staked and would be unlocked between 2025 and 2028, although the latest FTX filing threw this into question by lumping all of the Solana holdings in together. FundStrap published a report earlier this week detailing the FTX crypto holdings and claimed that less than $150 million worth of Solana is liquid and able to be sold off. Now, ultimately, no matter what people say, it's going to be very, very hard to get people away from the concern that this amount of selling will impact the market. Liquidity is incredibly thin right now, and probably the best that we can hope is that some of the negative price action over the last few weeks has been in anticipation of this and trying to front run it. But ultimately, the only way out is through, and so we just have to deal with this as the next thing we have to deal with. Now moving over to that other big exchange, two more Binance US executives have joined the exodus from that embattled company. The head of legal, Krishna Juvadi, and the chief risk officer, Sidney Majalia, are leaving the company according to WSJ sources. Juvadi was one of the firm's main contacts for communicating with the SEC, which is currently in active litigation with Binance. This makes three executives reported to be jumping ship from Binance US in less than a week. Remember on Tuesday, sources said that Binance US CEO Brian Schroeder had left his position. Now, Schroeder has not been active on social media since February, leading some to speculate on whether reporting was simply catching up on events that had quietly transpired much earlier. According to a company spokesperson, chief legal officer Norman Reed has stepped in as interim CEO. Bloomberg ETF analyst James Safart said the obvious thing when he tweeted, well, this cannot be a good sign for whatever is going on at Binance. On the flip side, crypto has at this point, I think, written off Binance US as a going concern. The Flow Horse writes, why does anyone care about Binance US employees leaving? They don't have a job to do. The exchange is a placeholder and no one uses it. Proof of Talent founder Rob Hayon writes, Binance US doing $9 million in 24 hour volume right now. At what point do they shutter the doors? Gotta be soon, right? Now, staying on the Binance train for a moment more, the SEC have accused Binance US of refusing to cooperate during the discovery process of their ongoing lawsuit. A court filing made on Thursday noted that only 220 documents had been produced by the exchange. Binance US had signed a consent order regarding the scope of discovery in June, but the SEC are claiming that many of the documents produced in accordance with that order, quote, consist of unintelligible screenshots and documents without dates or signatures. The SEC noted that Binance had refused to produce essential witnesses for depositions, including former CEO Brian Schroeder. Instead, they unilaterally limited the list of witnesses to just four employees. The SEC said that Binance US quote, has responded to requests for relevant communication with blanket objections and has refused to produce documents kept in the ordinary course of its business, claiming those documents do not exist only for the SEC to later receive such documents from other sources. Now the bulk of the SEC's filing related to SEFU, the wallet custody system at Binance US, which is provided by Binance International. The regulator called attention to contradictory statements about Binance's involvement in the management of US customer funds. They argued that the usage of SEFU violates the terms of a prior agreement that Binance US customer funds would not be diverted offshore. The heavily redacted filing also included information obtained by the SEC with the cooperation of a former Binance US auditor who has provided over 6 ,500 documents related to Binance's accounting. The SEC are treating the lack of disclosure of these documents from Binance US directly as evidence of a lack of transparency. Now continuing on the cleanup theme, three Eros Capital co -founders, Kyle Davies and Suzu have been slapped with a nine year ban from the regulated financial services industry in Singapore. The pair have been prohibited from taking part in the management of or being a major investor in any regulated firm involved in capital markets. Now MAS, the Monetary Authority of Singapore handed down the ban after concluding its investigation into the collapse of the once high flying Singapore based crypto fund. They found that 3AC had failed to notify the regulator of the appointment of a new fund manager, falsely claimed that this manager wasn't conducting regulated activities and failed to have in place appropriate risk management. MAS assistant managing director of policy payments and financial crime said in a statement, senior management of fund managers are required to implement robust risk management measures to protect the interests of investors. MAS takes a serious view of Mr. Zou and Mr. Davies flagrant disregard of MAS's regulatory requirements and dereliction of their directors duties. MAS will take action to weed out senior managers who commit such misconduct. Now, alongside spending much of the last year ignoring requests to engage with the 3AC bankruptcy process, Zou and Kyle launched a new offshore exchange based in the Seychelles. However, that crypto and bankruptcy claims marketplace was recently reprimanded by Dubai authorities for advertising within the emirate. They were issued a $2 .8 million fine, which big surprise remains unpaid. Moving on to yet another hanging chat on Wednesday, Digital Currency Group formally proposed their Creditor Agreement as part of the Genesis bankruptcy. The agreement seeks to refinance a $630 million intercompany loan owed by DCG, which fell due in May and remains unpaid. According to DCG, the plan could offer, quote, all unsecured creditors a 70 to 90 % recovery with a meaningful portion of the recovery in digital currencies. DCG claimed the repayment of loans over time using crypto would allow creditors to, quote, capture the appreciation of cryptocurrency up to $85 ,000 for Bitcoin and $8 ,500 for ETH. We'll come back to that in just a moment. DCG called the deal a, quote, remarkable outcome for any liquidating Chapter 11 case, let alone one in the volatile cryptocurrency industry. Now, the deal will, of course, require the agreement of creditors before moving forward. DCG have secured the consent of the unsecured creditors group. However, the major creditor, Gemini, have so far been silent on the deal. Gemini claims to be owed approximately $1 .1 billion in the bankruptcy on behalf of hundreds of thousands of their customers. The Gemini claim is in a much stronger position than unsecured creditors, as Genesis posted about 31 million GBTC shares as collateral when taking loans from Gemini customers. This collateral has appreciated significantly since the bankruptcy and represents about 60 % of the total balance owed to Gemini. DCG indeed claimed that Gemini customers could see an excess recovery of up to 110 % under the new agreement. They wrote in their filing, at current pricing, the Gemini user collateral is worth approximately 607 million. If Gemini agrees to provide 100 million to Gemini earned users under the proposed agreement as it previously did, or to distribute even a small portion of the Gemini user collateral to Gemini earned users, there would be little doubt Gemini earned users would receive a full recovery. DCG then contended that Gemini is failing to, quote, put its money where its mouth is. The filing stated that Gemini, quote, is not contributing a single penny to provide Gemini earned users a better recovery. Now, the crypto community was not as convinced as DCG made it out that this was a great deal. Lumina Wealth CEO Rama Lawalia writes, The deal between DCG and Genesis reeks of self -dealing at worst and incompetence at best. The deal presumes an $85 ,000 for Bitcoin and $8 ,500 for ETH. The defaulted party should make the creditors whole, not speculate yet again on a risky gamble on behalf of creditors. Creditors lent money expecting credit risk, not volatile equity -like risk. If DCG truly believes those numbers, they should ensure that outcome for creditors through an options contract. Genesis creditors should seek the removal of the Genesis CEO, who was conflicted in a party to the alleged fraudulent balance sheet statements, petition the judge to have a new trustee, pressure Genesis to focus on the turnover motion and resume litigation. What a mess. Now, speaking of Genesis, Genesis will also cease all trading services according to a company spokesperson. If you're surprised to hear that Genesis's trading services were continuing, you're not alone. Although the crypto lending arm of the firm declared bankruptcy in January, many other DCG subsidiaries which shared the Genesis branding continued to operate throughout this year. Earlier this month, the Genesis company which handles US -based over -the -counter trading announced it would be shutting down throughout September. At the time, it was believed that Genesis would continue providing offshore OTC trading from their British Virgin Island companies, but with this announcement, Genesis has signaled their exit from OTC and derivatives trading globally. A spokesperson for the firm said, this decision was made voluntarily and for business reasons. With this termination of services, Genesis no longer offers trading services through any of its business entities. Now, while this was highly expected, it still marks something of a big moment. Wayne Vaughn tweeted, the former largest OTC crypto trading desk is officially closed. Genesis announced today that they are no longer offering trading services through any of its business entities. Seems like a juggernaut falls with every cycle. In this cycle though, friends, I think we can agree that numerous juggernauts have fallen, but perhaps it is just to clear out the way for companies who will use that juggernaut status a little more responsibly. Anyways, friends, that is going to do it for today's episode. I appreciate you guys listening as always. Until next time, be safe and take care of each other.
Lyla the G.O.A.T. Is Here to Share Her Amazing Hair Wisdom
"Got to listen to the hair radio morning show each day and that will be bringing you the amazing Miss Lila, we call Lila the goat right here on our broadcast To share her unique we call it unique wisdom because I think it is Yes, I gotta start by talking to a little bit about your background now Where are you out of where you based from and and all that wonderful good stuff anything you can share with us this morning? Yes, briefly. I was born on Staten Island, New York. Yay, New York. All right Yes, I acquired my first out I'm gonna call it cosmetology culture in my spirit When I was about six years old. Oh, tell us how so Oh, I my grandmother would not buy toys when I was a little girl She showed me how to make a doll baby out of the joy dishwashing liquid bottle and showed me how to put the yarn on the top of the little ball and Told me that's gonna be your baby and I'll be damned if I didn't make that my baby Now Wow, that's how I learned how to break because I didn't have nothing else better to do because she would not buy me toys She would not spend her money on toys taught me how to make the dress Taught me how to sew the stitch to put the dress on and showed me how to secure that hair on to that That dishwashing liquid bottles, you know the little joy it remember joy. We don't even see those anymore Wow, yep, and that's how I learned how to break and then I braiding started Talia why did only Baby sister's hair initially. She was the one that used to get her hair done by me She's super well known. She's like one of the leading hair Entrepreneurs out there and has been for a while. We are big fans of hers the hair radio more Absolutely Yes hands down. Yeah, she taught me everything I know about how to secure that that undetectable knot That's very important that high price undetectable knot that we have an industry a lot of ladies that you know that are not doing now But it's okay and Moving beyond that I Also attended Baltimore studio school of hair design in Baltimore, Maryland Came to South Carolina got reciprocity here and Pretty much have covered. I want to say Pretty much 85 % of the industry from hair color hair cutting braiding We've The gamut Natural hair care makeup lashes facials pedicures nails you name it There's pretty much nothing that I haven't done even professionally under the light
A highlight from The Great Taking
"Would you like to get paid to listen to this podcast grab the fountain app for free and get all our badness But earn some sweet satoshis download for free now at fountain FM here in the Republic of bad, Cryptopia We've been talking about the great reset for many years Designed to strip normal citizens of power and privacy the global elite have their eyes set on making themselves Kings and queens of the modern era you and I well were to be serfs And we shall eat bugs and like it, but if the world were to transition to this final dystopian phase How might it take place a book titled the great taking by David Rogers web? provides scenarios in which it might all unfold you might say it's a blueprint for world domination or Oppression we give you our take on the great taking today on our hey We can't all be kings and queens so suck it episode number 696 of the bad crypto podcast you This is the bad crypto podcast the show for the crypto curious and the crypto serious We are your blockchain blockheads your crypto clowns the nifty nerds It's the DeFi do fight the metaverse morons and the bad crypto badasses Joel calm and sir Lord Travis right and and we're here for you We are heater Definitely not only that we want to you know we've been talking about a lot of this stuff and some people go oh my god It's conspiracy you guys but part of the reason that I know that I got into crypto was because I understood how fiat money works right and Once you understand how paper money works in the Federal Reserve Bank that's neither federal nor reserve and then paper fiat money is always inflationary it always crashes eventually and Always create these depressions and whatnot and so it's like once you understand that you start Trying to figure out how the rest of the system works right Joel kind of yeah absolutely and you know hey conspiracy Theorists are batting pretty high right now like if you know you were a Vegas odds maker You'd have to put your money on on the conspiracy Theorists and look some of it is just obvious as the nose on your face Unless you know you unless you have no nose in which case it's just obvious that you don't have a nose on your face Which is even more obvious than having a nose on your face, so by the way Travis. I was reading through you know our list of Funny things that we call ourselves You know usually we say we duck duck go things so people don't have to and that that has to change now now We're chat GPT stuff so people don't have to Well we're Claude a eyeing stuff also you found a great site called Claude AI That you can upload documents to and tell it to give you summaries Mm -hmm yeah, it's really good. It's one of those tools that can help you learn faster Right as long as these tools don't become bastardized and be completely biased from a liberal bent right that only gives you Oh, I give you upload stuff, and it goes and we don't want to tell you that because it says things We don't want you to know. I think it's we're still early that that's not the case I I do think chat GPT is getting a little more biased Claude doesn't seem to be yet, right? But what I did was I found this document. I think I found it on a Twitter Thread or a YouTube video. I don't remember exactly where I found it But then if you go to the great taking dot -com you can actually get this PDF download the PDF then Upload it into Claude dot AI when I say Claude that's like Claude Monet CLA ude dot AI Upload it in there, and then just you can start asking it questions, right? You can do this with any PDF that you want to upload, but this this author right here David Roger Webb He's worked in finance and investing for many years, and he started to realize that most of these major economic crises are Intentionally by caused these very powerful people who control the central banks and the financial system, and then you go hey Travis What do you mean these powerful secretive people who own the control the central banks and the financial system? Well that goes back Joel to our G Edward Griffin Conversation with the creature from Jekyll Island and how they created the Federal Reserve Bank at the same time They created the IRS same time They created the Federal Reserve Note and the paper money and their goal has always been to over time Not immediately like the people who created it in Jekyll Island the in the Federal Reserve Bank They know they're not gonna be the ones that see this true fruit to fruition But they know their grandkids are probably gonna be the ones that lead it So there they want to consolidate power and control humanity and orchestrate this economic turmoil Over a long period of time like they don't have just a four -year cycle of goal like a typical president does Joel They have like hey, we're gonna do this over the next hundred hundred and twenty -five years right right. It's generational You know it's kind of the Chinese have been so successful because you know as you've noted before they have a 500 year plan And so the powers that be are looking you know forward to the generations to come here and going how do we bring this? To a place where we have all the control on the world and we decide how the world is run and so this book provides one theory on How this all comes together and how they bring about this great reset And so it doesn't mean that this is what is going to happen But all of the things we're going to talk about that are described in this book are definitely we're on that path To these things taking place and fortunately you know Satoshi Nakamoto created Bitcoin and If it weren't for decentralized cryptocurrency, I don't know that you know there would even be a chance of Fighting back against the the tide that has been set against us to you Yeah, yeah, well what we're seeing is a collapse in monetary velocity Just just like what happened in the 1930s depression where money has an ebb and it flow It's like that would they'll flood the market with more paper dollars and printer go burr And then they get to the point where they start pulling that money back And there's less money and then that signals the end of the debt cycle Right according to this book and according to other experts, and that's what we're seeing right now is there's this slow collapse that's happening and That's what's most likely Motivating the great reset plan right so they're talking about oh, you'll have nothing and you'll be happy well What does that mean? What do you mean? We're gonna have nothing and be happy.
A highlight from Preventing Terrorism and Illegal Entry: Border Security
"Some of this stuff, like I'm almost speechless. Like I can't just keep yelling about it anymore. And it's that feeling of like, oh God, here we go again. Right. But like, that's what it feels like. It's just a never ending cycle of like disappointment because it's, and again, like it's the simple, like one plus one equals two. Welcome to another Financial Guys podcast. I'm Mike Hayflick along with Mike Speraza. We are actually recording on September 11th. So Mike, we're going to start a little bit with September 11th. We're going to end with Buffalo Bills talk because tonight, Monday night football in New Jersey to play the New York Jets. I always thought that was fun. Yeah. We decided to record this morning in case we have a couple too many pops tonight and we don't want to get in at seven 30, eight o 'clock in the morning. So that's the reason for this one. Hopefully out of celebration, let's not even talk about the other reason we might have a couple more than usual. That's right. That's right. Mike, so September 11th, 22 years ago, since the Twin Towers fell, America attacked. Couldn't stop thinking this past weekend about how united we became after that attack, yet how divided we are right now under this current administration. First, where were you on the day, September 11th? I was, I believe in third grade and I was in school on Grand Island at the time. I remember, not very much, but I do remember the school, of course, and I'm sure your kids, Mike, probably dealt with this if they were in school. Everything was shut down and you had to have your parents come pick you up. They wouldn't bus kids home. I just remember utter chaos, really, is what I remember about it. And it's something I feel like we may never feel again, hopefully, right? Knock on wood, we never feel that again. But it was, and days after it, because we had, I think, a day or two of school off after that, because I believe it was a Tuesday, and it was just crazy watching that unfold on TV. And again, I was a young kid, so I didn't really understand the moment that it was, but it was wild to watch on TV. You see people jumping, you see planes continuing to hit. I mean, it was craziness. Couldn't make sense of it. I remember, so I was a career changer a few times, and that was in the midst of a career change for me to go into teaching. And I was just about to start my fall, which would have been basically my last of three semesters to get another master's in this time in education. And on 9 -11, I had gotten invited to an interview to a nice little Catholic school out in Alma because they needed a math teacher. So, and I got this tip by a Canisius College professor. So I said, hmm, I remember calling my wife, in fact, a few days prior to that, saying, hey, they need a math teacher. And she kind of eyes me up and down, and you know my wife, she's like, hmm. Yeah, you could probably do that. I could help you with the lesson plans and so on. So anyway, I go for the interview on 9 -11, and it's like 7 .30 or so in the morning, and I ended up getting that position. So I went home, and it was funny because Mikayla, my older daughter, was actually only two and a half, just going on, or no, she had just turned three years old. And Maddie, my youngest, was like eight weeks old. And I'm with my father -in -law, who has now passed, rest his soul, wonderful man, Al. He was with the baby and with Mikayla. And I remember saying, hey, yeah, turns out I'm gonna go out and work as a math teacher out in Alma while I'm in school for this last semester. I'll go to classes at night. You know, and we just chatted a little. I walked into the family room, and I see the TV, and I'm like, hmm, plane hits tower. And I'm like, that's crazy. And of course, right away, I think, private plane. You just, you know, small private plane. You hear of these accidents, you know, an engine failure, whatever it was.
"long island" Discussed on ESPN Daily
"That's the truth. It certainly is true that Lewis's legacy lives on helping people to this day. But I want to know, more than 20 years after Lewis, I can bore lost his life tragically. We've got helmets and face masks and neck braces. Does equipment exist to protect athletes from Commodore Cordis? This is a really big development Myron because when I first did this story, there were no devices that really experts felt could really protect you. One of Karen and John's biggest accomplishments in addition to the EDs has been working with key experts to develop safety standards for the gear that kids can wear to prevent commodious Cordis. Within just the last couple of years, they have finally figured it out and you as a parent can now buy baseball and lacrosse chest protectors that have received the official stamp of approval. Karen's is so far they have not received any reports of Commodore cordes when a child is wearing one of these approved devices. It is super important, however, that before you spend any money that you actually take a minute to pull up a list of what's called Nazi certified in SAE. Certified chest protectors. U.S. lacrosse has mandated that the Nazi logo must be present on the device to be legal for play. And at this point, only some positions sort of like baseball catcher or lacrosse goalie are required to wear them, but Karen thinks every kid on the field ought to be wearing them, especially lacrosse defensemen who have died from Commodore Cordis as well as baseball batters and pitchers because remember Jack Crowley was pitching when he was hit. It's amazing tissue that Jack Crowley survived to tell you this story. Where is he now? Myron, this is my favorite part of being a reporter because you never leave your stories and you stay in touch with folks. And Jack is currently getting his master's at Boston University because he's getting ready to go to medical school. He's already AMT and he told me this week that he has saved multiple people using an AED. So now he wants to be an emergency room doctor. And he's so committed to this that he even carries a portable AED with him in his car at all times and Myron. You know who gave it to him? I'll give you one guess. Karen, acampora. What a story, Titian, what a legacy for young Lewis I can pour and what he's still doing to help people today, what are the outcome pores up to right now? They just had their 21st jamboree on Saturday. Lewis would be 37 years old today. He has a nephew who was born after he died, but his name is also Lewis, and he is now 14 years old, and he plays attack on four different lacrosse teams. So he loves the sport, his uncle and his grandfather played. Karen, however, says it's super hard for her to watch him play. But as she says, you have to keep on living and she always has an AED with her and she's not done yet. She says there's still way too many states who don't require aedes and site schools and near fields and she says, way too many people lock up their AEDs or hide them behind a desk or inside a building that's too far away from where they're really needed. The AED needs to be within sight and easy to access if it's really going to be effective. She still wants more youth leagues to just require AED training set that they know what to do. And she's headed to Washington in June to help throw a CPR AED training event on the national mall right there under the Washington Monument in support of some thorough legislation that they're trying to get through Congress to improve AED access. And saw at the end here, I want to bring it back to demar Hamlin because his experience with Commodore cordes was captured on national television. And it put this conversation in the public's eye in a way that it might not have been before. What's the impact of people seeing this happen at such a public event? Before Hamlin was hit on national television, there were very, very few commodo Cordis events that were caught on camera. And I mean, it's only like a half dozen. And I have actually watched all of them. And this happens in January, and we're talking about this right now because he came out at his press conference saying, I'm going back to football, I've been cleared to play football. Over these last few months, I've been on a journey and this event was life-changing, but it's not the end of my story. So I'm here to announce that. I plan on making a comeback to the NFL. It's a big moment for folks who have been trying to get the word out about Commodore Cordis like Karen acampora because she also was almost positive. It could be there it was Commodore cordos Jack Crowley said to himself, it could be a whole host of things and we're going to have to rule out all those things but he too thought it was commodity accord us. And what they're hoping and what Karen says in particulars, she hopes that the NFL puts its money where its mouth is and really does continue to fund AEDs and really does promote CPR and AED training. It's an incredible story, tissue Thompson, thank you for talking to us about this legacy of Lewis I can pour in the family around him to make such an effort to save other people's lives. Thank you very much. Thank you and go out there and get CPR training and learn how to use an AED. I've done it. It's easy, just go do it. It's a great advice. Thank you again. Amari Metcalf. This has been ESPN daily. I'll talk to you tomorrow.
"long island" Discussed on ESPN Daily
"I'm a father of three and I just can't imagine what that must have felt like to see that. How did Karen and John react in that moment? You're a father of three. I'm the mother of three. My kids play lacrosse. I think most parents who have kids who play sports know that you don't want to be that parent who runs under the field freaking out and Karen and John were trying not to be those parents. Karen then starts to push John to go to the field. Go, John go. But he didn't want to be what he calls the neurotic parent. But then they hear the coach say, Louis answer me Lewis wake up. They know something really serious is happening. So John runs onto the field. And he gets there right before what John describes as his quote a deep deliberate breath. And then there was a gurgling sound. He remembers saying, come on, Louis. Take another breath. But John would later learn that Louis had just taken what's called an agonal breath, which is a warning sign of imminent death. And it's associated with cardiac arrest. They started CPR, but they would later learn that alone was never going to work. Louis was gone. Again, I just can't imagine what they must have felt in that moment. And then you naturally, I would think any parent you turn to say, what exactly happened? What were Karen and John Kemper told about Lewis's cause of death? The medical examiner tells them it was natural causes. He couldn't find anything else wrong with Louis and Karen just refused to accept this because her son was healthy. But you have to remember, this was march of 2000. And for perspective, I had just gotten my very first dial up email account a few months earlier than that. And it was basic. The Internet, as we know it today, just did not exist. So Karen had to go old school. She started calling people. She was going to the library. She was pulling old newspaper articles. She was pouring through medical journals, and even then she still just wasn't finding anything that fit what had happened to Louis. She finally connects with a young doctor at Tufts University named doctor Mark link, who finally starts to give her some answers. We know this is a rare condition and circumstance. What does doctor Mark link discover? Well, Karen will tell you it is not rare. And it is not unusual. And the trick was figuring out how to recognize it and diagnose it because they believe it goes woefully underreported. What doctor link had figured out was that some children do die when they're hit with a hard ball like a baseball or lacrosse ball, and he describes it to Karen, she'll never forget. He said, I'm going to tell you that what you're describing to me was Commodore Cordis. She remembers how Louis would come home covered in bruises because dozens of balls would hit him whenever they practiced. And she said, it just never knew that something like this could be a possibility that a ball hitting Lewis, which had hit him hundreds, maybe thousands of times prior could kill him. Karen sees this tragedy unfold with her 14 year old son. She finds doctor Mark link and discovers there is more to this story. Now that she seems to have her answer, what is her next move? In working with doctor link, she quickly realizes you can survive Commodore cordes. But only if you have access to an automated external defibrillator, which is what most people call an AED. As Karen describes it, an AD actually stops the heart, which remember is in this chaotic rhythm. And as she puts it, it's kind of like rebooting a computer. The AED actually puts the heart at rest. So in the hopes that it will restart in a normal beating pattern. She just recently told me 60 to 80% of the cases it works. What's remarkable about AEDs is that they can detect the heart's rhythm and will only shock someone if they need it, and will not shock someone who doesn't need it. So you can't really screw it up, so to speak. But back when Lewis died, AEDs were rarely available outside of a hospital. So Karen pledges to get AED devices were people actually need them, especially near playing fields in courts where sports are played. So now Karen clearly is on this mission to make sure that this doesn't happen to other young athletes around the country around the world. How does the campora family actually put this mission into motion? Well, first, she and her husband John create the Lewis J acampora foundation to begin sharing their story in schools and events around Long Island. They begin to push for a law that require all county buildings, parks, and police cars to have AEDs. About a year and a half after Lewis died of 15 year old boy named Muhammad Shah collapses while walking to class inside smithtown high school. Now that's on Long Island. But this time, instead of what happened to Lewis, there are now trained personnel at the school who use an AED that the school had just purchased a few months earlier. So sha lives, he is the first of what Karen calls her saves. Okay, thanks to the Akbar foundation, we have a breakthrough. What happens next? More saves start to follow, in 2002, just two years after Lewis died, New York governor George pataki signs Bill number a 8 7 7 9, which mandates all public schools in New York State have AEDs in their buildings and at all sporting events. Karen and John are sitting next to the governor. And he signs that law and it becomes known as Lewis's law. What an incredible development in the face of tragedy that that family has now found a way to help save lives. The law is in place, obviously that helps him in their mission. What are they doing? They're going to come poor a family to spread awareness. In 2002, they started the annual Lewis on campora lacrosse jamboree, all of the high schools and top teams in Long Island participated in every year. I've gotten to go to it. It's awesome, Myron. Because there's only one requirement to participate. After you play your game and these are fiercely competitive games, they count. Every coach and every player must then go to a tent where Karen, John, and a bunch of other folks teach them how to do CPR and use an AED. So they're all these sweaty exhausted kids. Some is little as 8 years old and they stop everything they're doing and they actually sit there and they listen and they're pushing on a CPR dummy and they're learning how to apply the pads of an AAD and they're just all taking it so seriously. And what's even more astounding is that some of the adults teaching the classes in the tent were themselves revived by an AED that was in their gym or was on a field because of the acampora foundation. But for me, Myron, there's one save in particular that just still to this day gives me chills because I interviewed him and he described what it was like to die from commodo Cordis
"long island" Discussed on ESPN Daily
"Tess I'm always curious as the reporter about how someone tracks down a story of significance like the one that you've been reporting on since 2017. How did you find this story about commodo Cordis? I had literally just arrived at ESPN and I was their newest investigative reporter. And for more than 15 years at that point, I had always been drawn to stories of what you can call preventable death. And it's the kind of story where if you dig into it a little bit, you can find a solution that ultimately prevents others from getting hurt. So now that I was working at ESPN and everything I did involve sports, I went to the consumer product safety commission, which is a place I'd gone to a lot. And they had this list of products and when I went to look at what was hurting kids when they played sports, I kept seeing things like 8 year old boy baseball, commodo, 12 year old boy, lacrosse, commodo, ten year old boy, baseball, commodious. And I was like, what on earth is commotio? I soon came to realize it is the second leading cause of sudden cardiac death in youth sports. And unlike the leading cause, which is an enlarged heart, this was happening to otherwise healthy boys. Typically between the ages of 8 and 25 years old because at that age you still have a really flexible rib cage that if it's hit hard by something and when I say hard, I only mean 30 to 50 mph to put that in perspective, college lacrosse players throw a ball at 90 mph. This is 30 to 50 mph. This is more like middle school speed. It rarely, if ever happens past the age of 25, because that's when adult rib cage is hardened and can no longer bend. And Hamlin, if you remember, turned 25 on March 24th, two months after his incident. So he fits the profile. I think a lot of people tissue thought how can tragedy strike in such a moment like this where we're so used to athletes playing games, you end the game, nothing tragic happens, but we've seen this. Your story centers around a 14 year old boy named Lewis a, where this happened to him. Where does his story begin? In Long Island, where lacrosse is practically a religion. His father, John had played, and when he was born, he John bottomed this tiny little lacrosse stick, and he was so excited about his son playing lacrosse. I bought a little across the to the hospital when he was old enough to walk. He was dragging a lacrosse stick around with him. And by 5th grade, Louis announces he wants to be a goalie. Well, it's a great position because right here on the cul de sac, I could practice what you as much as you like. I wish I wasn't that encouraging for him to be a goalie. I do. He and John are playing in this cul de sac in front of his house and just enjoying that time, father and son. As he's growing to love this sport, Lewis works hard, it becomes the captain of his freshman team, he plays his first ever game. March 25th, 2000. Tisha, what can you tell us about what transpired on that day? Well, Lewis told his mother not to be late and like every parent I know on a typical Saturday morning, they were late because they were trying to get their kids to all of their games. Karen, his mother remembers Lewis was already in the goal, looking for them in the stands, spots her and waves at her. By the second quarter, a typical shot comes towards them, it wasn't a very hard shot. It wasn't a closed shot. It was actually from a distance,
"long island" Discussed on What's the 311
"Welcome to stores to Sonya's story time podcast. So one day I was sitting with my man, he said, did you know that there was a serial killer in Long Island? So y'all know I told y'all in my other killer instant podcast that I didn't even know there was warehouses in a Long Island. So I said no. You didn't know that I said no, I really didn't. So this is the story. Allegedly, there was. A doctor who killed escorts. So the story went like this. The doctor will call. Will get him and his friends to call for escorts. This is a true crime story. And one day they call one girl, I forgot her name. I forgot what he said her name was. They call her out to be an export. She came out at one of the front house. One of the doctors for his house. She got dear. According to my man, did she got there? Something happened. They called, she calls the police, so they have a recording of her calling the police. So they call, she calls the police, she's saying something on the police tape. I don't know exactly what. 'cause he said that tape never even got listened to. So she's calling on the police tape. She's erratic. She wants out of the house. She runs out of her house into like some Woodland area where it's like some water. And all of a sudden she disappeared. So doing that investigation, he said, they actually found bodies. I think around 6, 7 bodies. Of escorts. One was even a transgender. And. Had made the news, it made the news well as the news casters were speaking. There was never mention of this doctor ever being involved. And somehow, as time went by. They found I think one of the schools if I'm not mistaken, he said survived. And she based no. No, a race that. One of the escorts sister came and told the story of how the doctor had called about her sister in her was harassing her. And the other girl, her parents, her parents, and I think her sister both was still investigate. Long story short that this doctor in Long Island never got charged basically got away with murder. And I guess because the reason are, the reason is that they were escort soul, no one really cared about, you know, it didn't matter. But the problem I have with that is that how people choose to live their life, you know, they still are humans, they still are people so because they live their life in a certain way that, you know, like I said, most of y'all are most of people would not approve of doesn't mean they less than they're still belonged to they still have family. They still have friends. They still have people who cares about them. You know, so for you to just go ahead and kill these innocent people because they still innocent, to kill them, and to drove them away like they trash, it's disgusting. And the fact that allegedly this was a doctor and allegedly he didn't get charged for any of this and got away with this. It's still disgusting to me. I like to thank you for listening to my podcast. Please give it a 5 star review. This is a true crime story. Please give it a 5 star review on speaker Spotify. Our heart radio where the spark has said, please, share, you can follow me at it so end up in a 7 9 5 Instagram so you stand down for Twitter so you stand there on Facebook so I see it all go Pinterest so I sent you all the YouTube leave a comment here as V 7 6 6 5 5 20 mail dot com, you can go to my website HTTP dot dot slash side podcasts dot WordPress dot com WWW ABI all use promo code science WW is to call my 53 like to buy me a coffee, you can buy me a coffee. Please listen to my son sounds album on Spotify Apple. Where we listen to your music at following my sounds. Thank you and have a great night..
"long island" Discussed on Bloomberg Radio New York
"Weighing whether to declare monkeypox a public health emergency. Yesterday, the head of the World Health Organization declared the global outbreak a public health emergency of international concern. Rockaway beach closed for almost 20 hours yesterday and today, according to the city's department of Parks and Recreation, is because of shark sightings, the beach had to close for swimming on Saturday just after 2 p.m., but it is now reopened. It was opened up again at about 10 a.m. this morning. The closure came during a heat wave that is bringing high temps to the city. There have been 5 reports of shark attacks along coastal areas near Long Island in the past two weeks. Lululemon athletica workers are petitioning to unionize extending a wave of organizing at previously union free U.S. retail firms. Bloomberg's Greg Jarrett says, this is happening in the nation's capital. Yes, employees at one of the athletic wear companies, Washington, D.C. stores, filed this week for a unionization election with the national labor relations board. The proposed bargaining unit would cover 33 employees, according to the filing from the workers new labor organization, which calls itself the association of concerted educators. Lululemon refers to retail sales staff as educators. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm susannah Palmer. This is Bloomberg. Your listening to balance and power with David Westin on Bloomberg radio. China's economic
"long island" Discussed on Bloomberg Radio New York
"You see the value in worldwide market news to push for a global minimum corporate tax rate is still alive and well and you want it first The Labor Department has sent an emergency regulation to The White House Bond yields around the world are tumbling Bloomberg daybreak With Karen Moscow and Nathan Hager Straight ahead religious local headlines plus a check of sports We pay mornings at 5 eastern On Bloomberg radio the Bloomberg business app and Bloomberg radio dot com The winter storms slamming the east coast is officially a bomb cyclone the weather prediction center confirmed the news in a tweet that began with the word bombogenesis in all caps Some areas are expected to see anywhere between one and three feet by the time it's all said and done The storm is turning deadly Nassau county New York executive Bruce blakeman said it was an elderly woman on Long Island One of our snow operators found an elderly woman who was in her car We don't know the cause of her death We are thinking that it's probably a heart attack or some other sudden event Officials stress the importance of staying off the roads noting the dangerous conditions include piling snow and blowing winds making it hard to see More people are being left in the dark along the east coast in Massachusetts around 120,000 customers are without power It's especially bad on Cape Cod That's where the bulk of the outages are concentrated That's the latest I'm Julie Ryan And I'm Susanna Palmer in the Bloomberg newsroom As we've been reporting snow will continue through the day in our area The latest from Bloomberg meteorologist Scott Kaplan Blizzard warnings in effect for eastern Long Island.
"long island" Discussed on Bloomberg Radio New York
"6 to ten in the city and a quarter more on Long Island Mayor Eric Adams says the city has deployed tons of salt to roads that were already pretreated with brine Governor Kathy hochul told residents to stay home because she doesn't want to see a repeat of the disaster on I 95 earlier this month that left people trapped in their cars for 24 hours I don't want to see Long Island a new state on the national news or everybody's jammed up on a highway stranded for hours kids are crying People are desperate That happened in Virginia The winter storm warning for much of the tri state will last through this evening Hard to believe after seeing the volatility in the markets this week that stocks broke a three week losing streak still investors should be cautious says Anaheim equity strategist at Wells Fargo securities It's sort of a reversal we saw in 2021 Now we're going to tighten monetary policy We're going to take away accommodation So you're going to see a little bit of a weaker hand as we say For the week the S&P 500 rose 8 tenths of 1% New York City transit officials seeking a speedy solution to boost rider confidence or encountering a problem platform doors would fit in fewer than 30% of stations The metropolitan transportation authority which operates the nation's largest transit system has faced growing calls to install platform doors following the death this month of Michelle go who was pushed on to the subway tracks at the time square station Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts in more than 120 countries I'm Susanna Palmer This is Bloomberg.
"long island" Discussed on WFAN Sports Radio_FM
"It was gonna hit Long Island was going to hit right over. Bombard was going It was going to do all this. Yeah. And then it ends up turning toward Rhode Island. How do we not have the technology with all these Doppler and all these radars? How do we not have the technology that tells you exactly what's going to happen with? Said Storm they were beyond gutless. I don't get it. We have We have technology on our phone. You have technology everywhere. You can find it. We can't get the technology for this. Get him out. Totally fair. And with this system, you got this guy by rope and tying down his bar. I got so much road, you guys, you guys are so wrong on this. It's DHS Does Joe of death You're so wrong on this end of other people Until my last day on this planet, you're asking them to know in advance perfectly where miles and miles and miles of clouds and energy and rain and wind is going to go Local combat. I'm not saying them into other big features. No, But you are you wondering, you said exactly that they want to know where it's going. Finish him. No, I'm not. I'm saying the technology. I'm not saying them. I'm saying the technology that why haven't we invented something that can tell us that? You have really stopped. We invented technology told he was going to do two days before that it was spinning off the Florida Coast. And they said, it's coming generally up here. So be ready in Long Island, Rhode Island, Massachusetts, and that's exactly what it did came up the entire coast of America. I'm running around looking for a generator specialists. There's none of them out there. Well done, Warrior. And and nothing. That's your fault. That's not Mr Geez fault. Definitely Mr Keyes fall and his radar shit epic fail u loser.
"long island" Discussed on Unraveled: A Long Island Serial Killer
"Said we're him wouldn't hurt him to till more people i started getting. Emails burned infants wishing death upon my child. Who the fuck does. He's one of the most dangerous people. I've ever had to investigate. He was brilliant. Brilliant beyond words than fortunately that intelligence has been used for nefarious reasons. He does have the ability to completely ruin your entire life. I was just kind of suicidal. They'd definitely send you into that. Spiral his victims have been devastated for decades. I just wasn't a crime to stalk somebody over the internet. Go on the computer lab record people logging in and get their credentials that way. The internet was still the wild wild west law enforcement. Just didn't know what to do with him once. He's made up his mind. That's it yours erased. What would you do if an invisible monster was tearing your world apart and putting your life in danger for multiple decades and please couldn't stop him. I'm alexis linkletter. I'm billy jensen from discovery plus. Id and joke productions and six part podcasts. That unmasks one of the most prolific cyber stalkers to ever prowl. The wet unravelled the stalkers weap- coming june sixteenth sixteenth. On apple podcasts. or wherever. You get your podcasts..
"long island" Discussed on Morbid: A True Crime Podcast
"She can't feel her bullet. And i can't feel my silicone. What's like yeah. I don't think she feels super guilty. Unleash now i guess these days. She's working as a cam girl. So what an idiot i think. She probably is saying that because she knows the reaction. She's gonna get. I think she knows what she's doing. Things more tablets coming brings more more reporters wanting to get a racier comment. I think you're right because we've seen like regular celebrities do that. They put on a persona. Yeah they go they go with it even and then like outside of that persona that like i don't believe any i mean even because i'm going to get paid even the whole thing. Audiences reunite reunited thing like. She wasn't in love with him. she was still buried. Like i'm just trying to make money. Yeah yeah and she knows there are a group of the audience that will eat it up right and we'll like it right so she's just playing to that base and that is the case of the long lita ruthless saying all around the gracious because tyrod the tabloids talked about. This story is disappointing. You know like the long island low. Yeah and i'm like. Why did it focus on her. They focus on her as if he didn't do a damn thing and poor mary jo. She's a minor own damn business. She gets brian just living her. Life is just trying to live in the house just trying to trust her husband. Do you're damn saying get sean. The fate high. Be fucking pissed. Okay i would be our way. And then it just haunts sir for the rest of her life. Not only because she has to see it in the mirror because every time she probably turns on the tv. There's something new. Yeah and she. I mean she can't even smile michigan for twenty five years right. Be happy and problems with like drooling and stuff. After she had the plastic surgery done she was like this was like the bus and she looks beautiful. Could get it. Mary jo mary jo's astonished she do now. Do you know. She just still a housewife. She is having like well. they're divorced. I know that she had a boyfriend for a little while. She was having health problems so her daughter actually moved in with her and that was like the last update that song. I haven't seen anything about like in those kids won't get all lost in this whole thing. And her daughter ended up having like problems with drugs problem with drinking and eating disorders just because her dad went to jail for a while and she was probably just trying to make sense of the whole thing. She was like nine years old..
"long island" Discussed on Morbid: A True Crime Podcast
"A little bit about joey and mary jo. Though he had married his wife back after they met in high school they actually met in summer school. And i thought that was like the cutest thing ever i was like i feel that real hard but they had built a really nice life together. He worked for his family's business and then eventually ended up acquiring the business. They were making good money and they had a nice life but in the beginning of things they were kinda like just dabbling in drugs like they were again really young when they got together and mary joe found out that she was pregnant and she was like okay. I'm done without life. Obviously like. I'm not gonna do that anymore. And she had never really become addicted to anything in the first place. But joey on the other hand was having a really hard time trying to transition into his life as a family man and he kept like doing cocaine pretty regularly with his friends and mary jo was like yelich. Oregon have a family and be married. You can't be doing not so. She just like threw an ultimatum at him and it was his family or the drugs. Luckily he chose his family the first time. Hey one good thing with positive. Joey and he went to rehab ended up getting clean and once that was over he came home to the peking home and was the old joey that mary jo like remembered meeting. She had no idea. Though that joey and amy would eventually become involved with each other and once the truth started coming to light she actually stood by her husband for years. Still trying to like only believe the best about him. Mary jo is like a little angel. She's like the nicest woman ever. I feel like that breaks my heart. It's so sad. So after seeing joey amy pretty much became obsessed with him and she decided to bring her own car into the shop at the time she was driving. A dodge dakota that had seen fair share of accidents. I think she was a very bad driver and then so joey agreed to fix it up for her but then she continued getting into accidents on purpose. Being like oh i just have to go joey shop again then. He can fix my car. I didn't even know that she actually likes later on really. That's how well when you're sixteen in your infatuated with someone you go out of your way to find to see them. Go to great lengths. Oh i remember. When i was in middle school i liked this one boy and i would walk by his class at the same time like every day. And i'd be like looking back on that now. I'm like wow that's like psychotic though. It's so creepy. Same thing would be like. Oh i'm just in the area crazy at the same time every day happens to be near your classroom and my classroom may be on the other side but we're just getting my steps into the every squawk heart health is important exactly. I did the same exact thing. I would come down actually after lunch a certain stairway because a guy i had a crush on used to work in the office during that period so i could just and it was literally to walk by to look at him..
"long island" Discussed on Morbid: A True Crime Podcast
"Hey weirdos i'm ash i'm elena in i'm bailey. Syrian and this is like the best episode morbid. Listen i'm so excited.
"long island" Discussed on Talking Junk
"We <Speech_Male> <Speech_Music_Male> <Silence> <SpeakerChange> <Speech_Female> <Advertisement> want to thank <Speech_Male> you guys again man <Speech_Male> for coming on it <Speech_Male> was a pleasure having you <Speech_Male> guys on <Speech_Male> Before <Speech_Male> we get <Speech_Male> out of here is there <Speech_Male> anything else. You wanna plug <Speech_Music_Male> your upcoming eastern. <Speech_Male> <Silence> <SpeakerChange> <Silence> <Speech_Male> No <Speech_Male> right now. <Speech_Male> that's what we <Speech_Male> <Speech_Male> you know. 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"long island" Discussed on Talking Junk
"We are family. We come together. We leave together again. We're more about. Were about the cause of the love the cars but that's not our main focus. Our main focus is the community. It's not can you hear the vp talking in the background. I told her to be on this show and want. We're we're an organized organization. So like she was saying we have bylaws. There's rules to follow. There's due to pay you know it's the general stuff but again fails to be made so you know what we have the toy drive and you know there were two hundred seven. Kids roy toys. We felt like we didn't have enough. We came out of pocket and bought extra toys. You know what. I mean like we just come out of pocket and guess what. We went overboard so there was more than two hundred toys. Go to the hospital after giving all the kids in the shelter two or three toys each. You know what i mean so there's always extra there's always enough to spend and if there's not guess what. Were yelling at the road captain. Hey run across the street. go pick this up. We ran short and we all we were doing real quick talent. Tallin off like mike. China is is all about family friends. You've you've built up that connection and to really answer the question Different perspective is not that i was showing my age. Is ashley show a wisdom because yeah you have auto clubs where people think for themselves. Oh i could do this. I could do that. S with the bullshit happens that separate your friends or your members so what are to be together. Yes china's right. You make one phone call. Six people come to help you. If it's a car break down maybe financial situation. Maybe you know your dog food or something. Maybe you go well. I'm not giving anybody else on but long you got a mask on. We.
"long island" Discussed on Talking Junk
"Far Many clubs Like now since it's been winter and everything. I'm getting invited. People that idea that i don't even know you know club that been out for twenty four years. I would just called into a to join them on this easter thing which that was amazing to me because for a club for twenty four years to private tax me for me. That was a big thing. You know what i'm saying and feel free. Let's make it happen. You know what i mean. So what are you guys gonna do for you sir. Well we're gonna gather up a lot a lot a lot of.
"long island" Discussed on Talking Junk
"Welcome to talk junk. Friday night we back at it with my man tallin. How's everything going tonight. Silent or doing all right ma'am we will sleep day and go live but We're here resin. We're excited are you doing we do. I'm doing all right doing all right. I just want to let all the pothead. junkers out there know that mike patching He had a family emergency so he won't be joining us tonight. But in the theme of mike's we got money. Mike coming on tonight from The street projections auto club are in long island. We're going to get into that in a second but before we get into that. Let me let you guys know that. Tonight we are sponsored by sugar. Works distillery out in new smyrna beach florida. This saturday that pass when we had Sugar the shop on. We tasted the toasted coconut tomorrow night. When we talk to you guys. About a john metheny or metheny. Whatever the hell is fat ass. Name was is the spice flavored wrong. So we're gonna preview that tomorrow for you guys. See if you're into florida area get over to new smyrna go for the live tasting if not get on the website. Get those orders in there. One of the few local distilleries that sells their stuff online. So definitely support them. It's it's a great product so far so good the toasted coconut rum. I can give the talking junk steel of approval while more like the break. Because we don't drink on socking junk. I'm not drinking nothing tonight without further ado. Let's bring our street productions pres- money mike. Good brother are you doing. How's everything thank you for coming on and we. We know miss china. She got her hands and everything. What what was your name. I'm sorry well what's going on. We'll how's everything stopped back. Thank you for being with us. Thank you thank you for having us. Thanks for having us you shona once you guys tell us a little bit about yourself before we ask about the auto club. Well we do. We do a lot of car shows. we do. We give back to the community. We do a lot of homeless. We do shelters as a kidney toys. Or whatever we give back to them It's not about the cars all the time you know what i mean. It's about giving back in the best feeling. Is that when these kids get these presents or whatever it is. They happy man. They are happy. Happy campers seats on your some of your videos. How did you start auto club. Well i've been disc for little minute now and other clubs.
"long island" Discussed on 710 WOR
"Samsung Q. L E D L G O l E D Sony Oh led and more go big for the big game at P. C. Richard and son Mr New York. Mark Simone on 7 10 w O R. Hey, let's take some calls. 803 2107 10 is the number. Let's go to Lou in New Jersey. Lou, how you doing? Yes, small. I wanted you're competing stations there. They got Sinatra Sunday nights with Joe Piscopo. What? Your thoughts on that? I gotta be honest. I love Joe Piscopo. Great guy, but I have not spent a lot of time sitting around thinking about tell you may have thought about it, but he's a very nice guy, and we love Joe Piscopo. But thanks for calling. Job, Arlen your thoughts on the subject. I share yours, Mark? Yeah, very nice guy. But if you said your thoughts on boomer, a science and doing the morning show, and if a and E haven't really thought about it. What way? Let's go to David. Long Island. Hey, Dave, how you doing? Hey, Mark, You know, I understand his restaurant or today I'm get together. And like demonstrator or go to the city Go. I mean, go to Albany with sign. I mean, I'm sure they'd get thousands of people together and protest. You know, the science is on this site. They just anything was less than 2% chance of getting it in the restaurant at 1.4% chance of getting thrown in the restaurant. Yeah, I didn't still you're saying it's a very good question. The problem is these restaurant owners. They're all great guys, Listen, you hear them on the show. They're great restaurant, guys, their chefs. They know how to run a restaurant in it that they're not. Uh, organized and it's a good It says something good about them. They're not organized into a powerful political union. Lobbying. Uh, you know, it's not like the Those guys fixing the highway. I mean, they've got a union and lobbyists and they're making donations and they got some political clout. Restaurant owners never did that. And why would they do that? Why would they need to do that? They have a restaurant association. But they're all nice people. They don't know that walk in Albany with 10 suitcases of money and donations, and they're not those kind of people so I'm doing. It's a problem. They can't You notice what stayed open, even in the worst part of the lockdown last March. It's like this is allowed open. That's all the highway construction construction. Those unions know what know how to move politicians. Let's go to Dave and the Long Island Dave, How you doing? No, we don't have Dave. Let's go to Robin. Long Island. Rob, how you doing? Did Mark tell you very good for himself. Wanna go Good morning, but I think we should wait. Hey, has got s so we know that the media is not, you know, uh, they're no longer journalists have their bias right? Everything's fires. So I think it's incumbent upon us to, you know, try and educate as best as we can. So what I've been doing is I've been going up on my media platforms that I've been. I mean, you know, sort of reporting the story is that One. That's where your reporting these Just on media platforms. I don't want Oh, don't want toward give it away. This must be some media platform. If you can't mention it was like rob dot com. Yeah, it is, uh, from long island dot com. A media platform Well on what? What story? You think it's the worst right now? Well, you know, I gotta tell you what What story is the worst of the one that isn't being reported, So I don't think many people knew that they were going to vaccinate the prisoners in Guantanamo. All that's one You know, but I remember that during the election, they didn't you know, they knew that if they kept quiet about hunted Bible that many people wouldn't hear about it, And that's a problem. But it's good point. Thanks for calling, Rob. Yeah, he brings up a good point. By the way I from what I hear. There was so much controversy about Guantanamo that they stopped that vaccination program. But what crazy left wing Biden Cuomo Ideas that they have who you want to remove from eligibility you want okay? Guantanamo prisoners. Prisoners and all our prisons in the United States. Let's start there. Somebody has him. But what about vaccinating the restaurant workers? Sounds like a legitimate question. Maybe you should. Maybe you shouldn't. Maybe we could do it. Maybe we can't. But it's a legitimate question for reported asked, and Joe Pesci here starts beating up the guy. Insincere discussion. Yes, I would like to see restaurant workers eligible makes total sense. Job, Arthur When you were the new reporter there, covering the briefing and yesterday question today, punchers ever say to you? That's a cheap political question. Well, I remember his dad always used to yell at people of even like the question, too. He would always kind of challenge you. What do you you you're not smart. What us? He said. Just stupid question. It was different, though. His dad was like, Obviously, his father was very statesman like he was a great or it er. He had an air about him. Let me know He had his weirdness, too. But he had an air about him like this older gentleman who had been in a lawyer or something, and The Cuomo again. Show passion. It's just who you want to remove from eligibility. My funny, funny how you think I'm already don't have enough. He had removed that silly guy. Tell me who Who should I remove? How about all the prisoners about the hundreds of thousands of prisoners you're vaccinated? Remove them. How about not putting political operatives in charge of the vaccine program Because we know people will be getting vaccinated or donors or whether about starting there That kind of stuff anyway. Enough with him. Let's go to let's go. Toe. Orlando is in Buffalo, New York. Orlando. How you doing? Oh, Mike, Mike and Oceanport. Mike, How you doing? Yeah, I'm fine. Mark, How are you and Joe? I hope you're all right. Where do you mention a while ago? The coming election in 2022 for Congress. Why would we have a decent shot at regaining power in Congress after a phony election kept us from having our president reelected? I'll never run in a non ist election again. They got away with that. Why should they ever have an honest election? That is a cheap political question? Big in death? Instance, sea or discussion. No, actually, Hey, Mike. That's a very good question and a very important question. I'm glad you asked it. Thanks. It's a very important question. How if you don't you know, voter fraud. Listen. Everybody admits even the fake news anchors. There was voter fraud that they're saying Well, wasn't enough to make a difference. But who knows? And why would you allow any voter fraud? Obviously, the mail in ballots. That was really a question mark on that. So he's got a good point. How can you ever Ever fix this. If you don't do something about it well, Pennsylvania, where they allowed all those mail in votes, and for the first time ever if the mail ins didn't have an address attention, and they still counted well, that's going to the Supreme Court. Hopefully, the Supreme Court will straighten out Pennsylvania. And then Rand Paul. He's going to be the hero here. He has said he will go. There's like 11 states where real questionable practices took place, he said. He will go state by state passed laws or do whatever you have to do or take it to court to clean up the questionable practices in those 11 states. He's got until 2022 until that election to do it. So hopefully he'll get it done anyway. When we come back, Joe conscious will be with us. So what's gonna happen? The fake news? They are so fake and we'll get to that in a moment on 7 10 W. O R. Let's get the latest news. Here's Joe Bartlett. Already Mark Mary DiBlasio says schools will be open for in person learning tomorrow..