21 Burst results for "Mister Lee"
Northwest Newsradio
"mister lee" Discussed on Northwest Newsradio
"When you sit and negotiate within two parties that you got to work with both sides of the aisle. So it's not a 100% what everybody wants. But when you look the country is going to be stronger. This is going to be transformational where Congress is literally going to vote to spend less money. This year than we spent last year. House speaker, Kevin McCarthy calls it an agreement in principle worthy of the American people. As restored reductions in spending, consequential reforms and lift people out of poverty into the workforce, Rey and government overreach, there are no new taxes, no new government programs. In a statement, President Biden says the agreement represents a compromise, which means not everyone gets what they want, support from both parties will be needed to win congressional approval before a projected June 5th government default. I'm Julie Walker. 21 before the hour on America in the morning, Congress designated may as national military appreciation month. That was years ago gives the nation a chance to publicly show their appreciation for troops past and present. Perhaps no one more able to eloquently speak about the holiday than mister Lee Ellis, president of leading with honor, a leadership and team development training and coaching company. He is the author of the upcoming book captured by love more on that in a moment. More importantly, as it relates to the day he was a Top Gun fighter pilot and Vietnam shot down, captured and repatriated in 1973 after more than 5 years as a POW in Hanoi. Mister Ellis, thanks for joining us. How can America show its appreciation for our troops? I think it's so important to let people know that you see on the acknowledge them. When, you know, when somebody acknowledges you in a positive way, that's uplifting. It makes you feel better. And so first of all, acknowledging their existence and who they are. I mean, this is true for every human being, but especially for people who wear the uniform, getting involved with things in your community where veterans and service people are helped either to transition from the military into the service or in community groups that acknowledge that trans that is so important. I think it's just being intentional to do that and it just makes all the difference in the world when you let somebody know they appreciate it. Now this must have been equally as important as a Vietnam veteran coming home because the guys from World War II let's face it, they came home heroes. There was quite a different attitude in America when you came home even though you were a prisoner of war for 5 years. What was the temperament of the nation like, what was it like in the mid to late 70s? Most Vietnam veterans were treated not very well by a lot of places in public places where the anti work people would spit on them, denounce them. In fact, in many places, military people were told just don't wear your uniform there. Did that happen to you personally? No, it didn't. And here's why. Amazing story and the stories in the book of what the women at the wives and family did POWs and MIA. They got together former league and they put together a national PR campaign stayed by state to get the American public to confront our own government to make sure they put pressure on the communists to follow this any of the conventions which say that prisoners should be treated by lenient and humane treatment of allowed to write letters and so on. It really raised the attention of American public about POWs. Your book is captured by love inspiring true romance stories from Vietnam, POWs. You and your wife now celebrating 48 years together. So I'm trying to do some quick math that had to be after you came home, right? Yeah, now the book covers about 20 stories of which about ten or 11 were married and stayed married about 5 or 6 were divorced when they came home. The guys there was going to move on or had moved going. But they met someone within the first few months and married and now they've been married more than 48 years. And single guys like me, there are about 5 stories of single guys like me that met somebody when we came home and I've been married 48 and a half and that was about the last single guy to get married. Our marriages have been really so good and the book kind of covers that 95% of the POWs were tortured at one time or another, especially those most of us were there 5 to 8 and a half 8 and a half years and then they started a bombing to get us out of there and 72 when they fully invaded the south. And then about another 120 were captured in 1972. Lee Ellis was a Top Gun fighter pilot in Vietnam captured, repatriated in 1973. He resumed his air force career. Eventually retiring as a colonel in 2014. He was inducted into the Georgia military veterans Hall of Fame. DAR Medal of Honor recipient. The list goes on, we could do another show just on his awards and commendations. What do you see when you drive by, you see the American flag flying? What do you think today? Well, I think of all where we started and how far we've come and how proud I am of my country. At the same time, I'm very concerned that 40 or 50 years from now, we will not be the same country because of our stuff happening to change our values about what's really important. And of our unity, the young people today are being educated in a way that doesn't really tell the whole truth about our government's founding and our growing up and as a country. And I'm just really concerned. Well, mister Ellis, thanks to people like you and the proud men and women who continue to serve, there is hope. One last plug for the new book. Thank you so much and just go to POW romance dot com and you can read all about it. 16 till judge halts abortion law major insurance company says no to California. That and more when America and the morning returns
Northwest Newsradio
"mister lee" Discussed on Northwest Newsradio
"When you sit and negotiate within two parties, but you got to work with both sides of the aisle. So it's not a 100% or what everybody wants. But when you look the country is going to be stronger. This is going to be transformational where Congress is literally going to vote to spend less money. This year than we spent last year. House speaker Kevin McCarthy calls it an agreement in principle worthy of the American people. As historic reductions in spending, consequential reforms and lift people out of poverty into the workforce, Rey and government overreach, there are no new taxes, no new government programs. In a statement, President Biden says the agreement represents a compromise, which means not everyone gets what they want, support from both parties will be needed to win congressional approval before a projected June 5th government default I'm Julie Walker. 21 before the hour on America in the morning, Congress designated may as national military appreciation month. That was years ago gives the nation a chance to publicly show their appreciation for troops past and present, perhaps no one more able to eloquently speak about the holiday than mister Lee Ellis. President of leading with honor, a leadership and team development training and coaching company, he is the author of the upcoming book captured by love more on that in a moment. More importantly, as it relates to the day he was a Top Gun fighter pilot and Vietnam shot down, captured and repatriated in 1973 after more than 5 years as a POW in Hanoi. Mister Ellis, thanks for joining us. How can America show its appreciation for our troops? I think it's so important to let people know that you see them in the acknowledge them. When, you know, when somebody acknowledges you in a positive way, that's uplifting. It makes you feel better. And so first of all, acknowledging their existence and who they are. I mean, this is true for every human being, but especially for people who wear the uniform, getting involved with things in your community where veterans and service people are helped either to transition from the military into the service or in community groups that acknowledge veterans. That's just so important. I think it's just being intentional to do that and it just makes all the difference in the world when you let somebody know they're appreciated. Now this must have been equally as important as a Vietnam veteran coming home because the guys from World War II let's face it, they came home heroes. There was quite a different attitude in America when you came home even though you were a prisoner of war for 5 years. What was the temperament of the nation like? What was it like in the mid to late 70s? Most Vietnam veterans were treated not very well by a lot of places in public places where the anti work people would spit on them, denounce them. In fact, in many places, military people were told just don't wear your uniform there. That happened to you personally? No, it didn't. And here's why. The amazing story and the stories in the book of what the women did, the wives and families did of POWs and MIA. They got together formally and they put together a national PR campaign stayed by state to get the American public to confront our own government to make sure they put pressure on the communists to follow this. They need the conventions, which say that prisoners should be treated by lenient and humane treatment of allowed to write letters and so on. It really raised the attention of American public about POWs. Your book is captured by love inspiring true romance stories from Vietnam, POWs. You and your wife now celebrating 48 years together. So I'm trying to do some quick math that had to be after you came home, right? Yeah, now the book covers about 20 stories of which about ten or 11 were married and stayed married about 5 or 6 were divorced when they came home. The guys there was going to move on our head move going. But they met someone within the first few months and married and now they've been married more than 48 years. And single guys like me, they're about 5 stories of single guys like me that met somebody when we came home and I've been married 48 and a half. And that was about the last single guy to get married. Our marriages have been really so good and the book kind of covers that 95% of the POWs were tortured at one time or another, especially those most of us were there 5 to 8 and a half 8 and a half years and then they started a bombing to get us out of there and 72 when they fully invaded the south. And then when I bought another 120 were captured in 1972, Lee Ellis was a Top Gun fighter pilot in Vietnam captured, repatriated in 1973. He resumed his air force career. Eventually retiring as a colonel in 2014. He was inducted into the Georgia military veterans Hall of Fame. DAR Medal of Honor recipient. The list goes on, we could do another show just on his awards and commendations. What do you see when you drive by, you see the American flag flying? What do you think today? Well, I think of all where we started and how far we've come and how proud I am of my country. At the same time, I'm very concerned that 40 or 50 years from now, we will not be the same country because of our stuff happening to change our values about what's really important. And of our unity, the young people today are being educated in a way that doesn't really tell the whole truth about our government's founding and our growing up and as a country. And I'm just really concerned. Well, mister Ellis, thanks to people like you and the proud men and women who continue to serve, there is hope. One last plug
WGN Radio
"mister lee" Discussed on WGN Radio
"Yeah. Yeah, that's all right, so. I told you. Yeah. How can I forgot that? I don't know. Well, here's another one you want to forget, but you'll remember it. Number 9 is chick kaboom. Oh, daddy do drop. Fred so. Number ten, me and you and a dog named boo. Oh, lobo. Yes, I'm afraid so. Phil gernhardt strikes again. Well, first it gives us, you know, Phil gernhardt gives us the damn Snoopy versus the red baron. And then he comes up with this. Anyhow, yes, you got them all, but right. This is not memorable. No, it isn't. I just kind of picked that date out of the air. I didn't think about it. By the way. It gets worse number 11 is power to the people John Lennon and the plastic own a band. Okay. Yeah. Yeah. No, just no. Yeah. No. The nicest one on there was Timothy by the boys, at least they ate each other. Yeah. And they never had to hear most of those songs. Yeah. Yeah. So there you go. All right, well, good deal. You won again. Of course. Okay, great. Thank you, thanks appreciate it. So we had to Gary stash as well. 888-876-5593. That's 88, 88 Raleigh. And first time caller Catherine in Vegas? Well, how about that? So welcome to WGN radio. Hi, Raleigh. Thanks for calling. Yes. I wanted to take a guess on the trivia question. Yes, Nevada has more than any other state. Alabama has fewer. People moving to it. No, but that's a nice yes. I like that, but no. That's okay. Raleigh may I say one thing. Anything you want. I have been listening to you for a long time from my home in Illinois. And I'm out here visiting my sister now, but I have to thank you for being on because Las Vegas has silly Brady hopes. And I also want to I also want to thank your college that they call in naivete and they keep me so entertained and so informed and they make me feel like family. They feel like family. And I want to thank them very much for calling you all the time. Well, I thank you for that. But the way you can thank me is call more often. I will. I hope all your college keep calling because they're so entertaining and there's so informative. Well, you're now one of them, so I'm counting on hearing from you soon. Thank you for all. Okay, thanks. Appreciate all your listeners. Oh, goodbye. Good night. Yeah, all right, so Catherine, she'll be joining us. I'm thrilled about that. It is a caller driven show. So it helps when you call. And we're really sorry that we can not find Scotty, but my buddy Dennis, the pilot, is going to go to his house and see what's going on. And hopefully he's just into smallest for a while because we miss Scotty, but yeah, when he didn't call us, we knew that he couldn't call because it was all all the bumpers. You know, the bird groups were right up his alley. He didn't own in a heartbeat. All right, so Stephanie and Madison, yeah, I'm not surprised about this either. Noah is one of the bumper stumpers. What do you think Stephanie, hey, hey, it's the Baba. It is the bob Metz, yes. I don't like it like that. 1961. I know this. I know this I know this. I kind of started treated. I asked my hobby because if I don't know something, he always is like the professor, but yeah, no, the bob apps. I love the buybacks. I absolutely love them. But I was listening to the voice and it sounded a little older. A little. More character, but it was great. I love that I love that version of that song. And just I'm having fun tonight. I'm listening to all that the different calls and the commentary and I would have loved to have heard share record on the night the lights went out in Georgia. I think that would have been great to see. Sonny wouldn't let her and snuff picked her out, especially because he started handling her. He did the dark lady album. And there are some great stuff on that album. And oh my gosh. Yeah. But yeah, and by the way, I have done two stencils, jury duty way, way back when and to me it was an honor I was so honored to be picked for the jury. I loved it. And I just had to laugh between. You and Lisa and. We all have our we're all human. But yeah, I just. Love hearing you guys and Gary, happy birthday to you. Yeah. And there's one more thing. Oh, well. It kind of I understand. Yeah, I understand that. Usually I say there's one more thing too numerous to mention, but exactly. You got it. Yeah. You got more callers and I'm thinking about Scotty and praying for him. All you guys and you have a good one in my gear, okay? All right, you two talk to you soon. Thanks appreciate it. You got it. All right. So we'll add to Stephanie stash as well. She knows her bob bets. You know, they're very good, of course, there's mister Lee. But I don't like it like that. It ain't like that. Yeah, I guess. All right, so Nevada has more than any other state Alabama has fewer. Judy and grace Lake is going to take a guess. So what do you think, Judy? Okay. This is really strange. Really? Okay. Lightbulbs. I think that's a great guess. It's not right, but it makes sense to me. Okay, I have a medical question. At the end of the month. What is it? Because I get chronic migraines. Okay. So, I have a migraine, doctor amongst my own specialist. And I'm supposed to be getting Botox into the skull. Do you know anybody who has had this done? Is it going to be painful? Or what? I mean, I get at least 20 migraines a month. And the medicine takes up to two hours to start working. Yeah, migraines are a real difficult thing. And of course, you know, I'm not a doctor and never take medical advice from a talk show host, but with all that said, I'll tell you anecdotally what I know. And migraines almost always are symptom not a cause, and they're very tricky and very often people don't come up with the cause. And so what you're treating here is the symptom. You're not treating why you get them. You're just treating how not to feel more pain. And Botox has had some success. And it's a relatively safe thing, but in terms of why it works, that's questionable. It pain some people will say it's very painful other people say it's minimal. Some people will bruise some people will swell other people will not. So that is absolutely individual person to person. To bring my epidemic. Well, have you ever, by the way, if you've got an EpiPen, always bring it if you think something can trigger that, always bring that. That should be on your person at all time. But why? Well, I don't feel that far from home. Well, I don't care, believe me. If you had a reason where you had to use that EpiPen, you would be far from home, even if it was just around the corner. It's a flying insect. Okay, just like that. I know. Right. If you really go into anaphylactic shock, you want that on your person at all times, because if you ever have to use it, you want it right there. The downside of the EpiPens, of course, is they usually only last about a year. And they're pricey. But in any event, I know. And they only sell them to yeah, I know. Yeah. And there's two about laminectomy. Right. I got to go on Medicaid to get insurance I couldn't work because from the waist down, I have no nerves. It's tough. We had to develop muscle memory, but I took me a year and a half, lots of falling. I don't fall. But I
WTOP
"mister lee" Discussed on WTOP
"Buoy, 55 in Leesburg and 67 here outside the WTO studios at three 31 this is WTO P news. Everything you need every time you listen. The WTO producer's desk is wired by IBW local 26. Where electrical contractors come to grow. Good morning to you, I'm Ralph, Fox, teddy gellman is our producer, top stories we're following for you at this hour at 21 year old Massachusetts international guard member has been arrested. This in connection with the leak of classified documents with heavily armed federal officers taking Jack to share into custody. This is his mother's house, south of Boston. The Washington Post interviewed a teenage member of a small chat group on Discord, who said the leaks began with text messages quoting from classified documents. And then when no one seemed impressed, photographs of the actual documents. Glimpses of what lay beneath the documents a countertop and a kitchen floor matched photos of the inside of to share his home. A digital trail which led The New York Times there ahead of the FBI. That's David Martin with CBS News reporting from The Pentagon. And former president Donald Trump and to questions for a full day. This is in a New York fraud lawsuit. We get more from Lisa dwyer. Former president Donald Trump has visited the offices of New York's attorney general for his second deposition in a legal battle over his company's business practices, answering questions for around 7 hours. In his first deposition, Trump refused to answer questions invoking the Fifth Amendment. The Republican met Thursday with lawyers from the attorney general's office, who sued Trump last year, claiming that Trump misled banks and others about the value of his assets. He denies that. This lawsuit is not related to his historic arraignment last week in another case. I'm Lisa dwyer. Three 33, the Republican dominated Florida legislature has now passed a bill banning abortions after 6 weeks of pregnancy. The state Senate approved the measure earlier this month. Governor Ron DeSantis wasted no time. He signed the bill into law, the same day, all this yesterday, Florida previously allowed for abortions up to 15 weeks, the 6 week ban outlaws the procedure before many even know they're pregnant. The law includes exceptions for rape, incest, and other concerns. The Justice Department says it'll go to the Supreme Court after a lower court ruling a lot in abortion drug to remain available in the U.S.. It also reimposed earlier restrictions on getting and using mifepristone. We are happy and pleased that the previous safeguards that were there for over 16 years had been restored. The FDA insists myth a prestone is safe and complications rare. Vice president Kamala Harris slammed the ruling, saying it threatens the rights of Americans across the country. We are going to continue to fight in the courts. We believe that the law is on our side. And we will prevail. That's Nancy quarter with CBS News. If the justices don't weigh in by the end of the day today, the restrictions will automatically go into effect. We're learning more now about what Supreme Court Justice clarence Thomas did and did not disclose on his public financial reports. Apparently a $133,000 real estate sale between the justice and the company owned by Texas billionaire Harlan crow never made it onto his financial disclosures to the Supreme Court. That's the latest out of an investigative report by a ProPublica who previously revealed that more than two decades worth of luxury trips for the justice and his wife paid for the by the Republican mega Donna were never disclosed Thomas sold a string of Georgia properties to crow's company in 2014, ProPublica says it's the first known instance of money flowing from the Republican mega donor to justice Thomas. And the commanders at three 35 were coming under growing congressional scrutiny. When Dan Snyder first indicated interest in selling the team last year, we get more from WTO's Mitchell Miller. Today on the hill. The House oversight committee investigated allegations of sexual harassment and what some called the toxic workplace of the team. One of those who spoke to lawmakers was Tiffany Johnston, a former cheerleader and marketing manager who says she learned a lot of bad lessons from team management. I learned that placing me strategically by the owner at a work dinner was not for me to discuss business, but to allow him Dan Snyder to place his hand on my thigh under the table. Snyder denied that another details of her story. But the committee issued a report last December saying the team created a culture of fear. The month before the report came out, was the first public sign that Snyder gave of an interest in selling the team. On Capitol Hill, Mitchell Miller WTO B news three 36 tech consultant neema has been arrested and charged with the murder of cash app founder bob Lee was stabbed to death in San Francisco last week, authorities say that Lee knew many. We get more from Jonathan vigliotti. Lee's fatal stabbing quickly gained national attention, tech industry leaders, including Twitter CEO Elon Musk, blamed it on a violent crime wave that has taken over the city. Reckless and irresponsible statements, like those contained in mister Musk's tweet, that assumed incorrect circumstances about mister Lee's death served to mislead the world and their perceptions of San Francisco, we all
Northwest Newsradio
"mister lee" Discussed on Northwest Newsradio
"Flash flood emergency, the city has had its rainiest day in history this week and flooding throughout Broward county with more rain on the way. Seattle based Redfin says it will be laying off approximately 4% of its workforce, the online realtor giving pink slips to just over 200 employees due to what it's described as a housing market downturn and economic uncertainty. An arrest has been made in the murder of cash app founder bob Lee last week in San Francisco. ABC's Alex stone has the latest on the case and he's joining us now on the northwest news line. So the San Francisco police, they held a briefing to update us this afternoon. What did you learn? Yeah, so a big twist in this case today and until now police have been saying that they didn't know if it was street crime if it was random if it was targeted. Even though the DA and the mayor had kind of been indicating that maybe it was targeted saying it's not what you believe it is. So today they say that they have evidence to show not only was it not random, but the killer was somebody who knew bob Lee, the cash app founder. And it's a fellow tech exec who apparently runs a company in the Bay Area called expanded or expand IT. Police chief Bill Scott, this afternoon saying. Homicide investigators developed information that identified the suspect as 38 year old nima momeni of emeryville, California. We can confirm that mister Lee and mister mo many knew each other. Now he wouldn't say why they honed in on mummy or what they thought went on. There's some local reporting from an ultra local website that said today that the two were apparently in a car last Tuesday morning, remember this happened around two 30 in the morning. They got into some kind of an argument in that car and many then allegedly used a knife to stably prosecutors are using the special allegation of a knife being used, but they won't give a lot of those details. They say they don't have a hammer down yet, but the police chief saying this morning, members of the San Francisco police department's investigations bureau and tactical unit served several search warrants and arrests and an arrest warrant in San Francisco and emeryville, California. So this afternoon, mammy, now in San Francisco, jail charged with murder due in court tomorrow, Brooke Jenkins, the DA, she has spent the last week saying that she has brought down crime, countering critics about crime in the city, saying the city actually has a lower crime rate than most big cities at least murder rate than most big cities. She knows that they've got this reputation for car burglaries and what not, but she says murder. It's not as bad as what people have been claiming. And today she called out Elon Musk and others who have been tweeting about the horrible violent street crime in the city after the murder. I must point out that reckless and irresponsible statements, like those contained in mister Musk's tweet that assumed incorrect circumstances about mister Lee's death served to mislead the world in their perceptions of San Francisco and also negatively impact the pursuit of justice for victims of crime. It's a chief Scott only saying they followed the evidence how they got to momani isn't clear it may have been video or a license plate reader finding his car on the street at that time and then the connection, but Lee's ex-wife telling media she doesn't know this guy to yeah, they probably knew each other, but what they were doing out had they been out at dinner or getting a drink. Talking business, whatever it was, she doesn't know, but they believe they got their guy. And according to a reported Forbes, Lee and mom went to Berkeley together, do you know any more about that connection? Yeah, it could have been a college connection. Those who knew both of them say that they weren't known for being close friends. I didn't know that connection there. Lee, we understand from family, had gotten divorced, his mom had died that he moved his dad or they moved together out to Miami and he was living in Miami. He had only come back to the Bay Area for business meetings that were going on. So was he back to meet with mo many? Did they go out and grab a drink? Because he was in town, why they were together isn't clear, but police say that they believe this was very personal, very targeted, or they are indicating that. But it was not random. ABC's Alex stone on the northwest news line. Northwest news times 6 20, let's get your stock charts dot com money updates. Thanks in large part to more evidence that inflation is easing. Stocks moved broadly in sharply higher today. The Dow Jones industrials soared 383 points. The S&P 500 recouped 54 and the NASDAQ composite surged 237 or 2%, giving the market a boost the news this morning that producer prices unexpectedly declined from February to March by a half percentage point. Year over year, the PPI was up just 2.7% in February, the annual change was 4.9%. That's your money now. Money news at 20 and 50 passed every hour. Still ahead? Hardy leads the pack at the ACM award nominations. I may be sees Jason Athens and with more on that coming up. Stay with the team that more people trust for fast
77WABC Radio
"mister lee" Discussed on 77WABC Radio
"Trump is in town for a civil or a criminal case, we feel it's important to come out and hold him accountable. Trump is at tis James's office for another deposition regarding James lawsuit which alleges he and the organization misled banks about the company's net worth to obtain favorable loans, a favorable loans I should say in tax breaks, Trump already taking the 5th at a previous deposition and has called the suit politically motivated. The wildfire burning in west mill for New Jersey now 30% contained after scorching 250 acres. Right now we do have high confidence that the work that we're doing to put containment lines around the fire and to suppress some of the hotspots is working well. New Jersey forest fire chief Greg McLaughlin says at this time no structures are threatened and no injuries have been reported. However, there is some sad news. Authorities say Sussex township firefighter, Tony Devon, died after fighting a brush fire in wonton for our department officials say he responded to two calls yesterday morning and later died at his home. And at least a dozen different fire departments are fighting a wildfire in Orange County and broke out earlier this afternoon officials say dry conditions and winds seem to be feeding the flames in the south blooming grove with officials using water from a nearby Lake. A suspect is under arrest for the murder of cash app founder bob Lee. San Francisco police chief Bill Scott says 38 year old tech entrepreneur, nimai, has been booked on a charge of murder. We can confirm that mister Lee and mister mo many knew each other. Police did not share further details about their connection with many is being held without bail at the San Francisco county jail. And Senate Republican leader Mitch McConnell will be on Capitol Hill next week when the Senate returns from recess. McConnell made the announcement today more than 5 weeks after suffering a concussion at a private dinner in early March. The Kentucky Republican said the chamber has important business to tackle and big fights to win. I'm Lisa Taylor. WBC news time 6 O three sports and your full forecast coming
WTOP
"mister lee" Discussed on WTOP
"Two others yellow tagged. The next step officials say is to drill into the street to try and pull water from the damaged hillside. So after it stops raining, we've sourced equipment to allow us to dig about 20 feet below and extract any water that may be pooled underneath us in the hillside. Meantime, there are evacuation orders out for flood threats in Santa Cruz county and PG&E is hoping to restore power to thousands in Monterey county. Northern California's high-tech capital got a shock on Friday, the collapse in government takeover of a major financial institution. Silicon Valley bank caters to tech companies, which have been hit hard by rising interest rates. Recently, the bank reported its assets were running low. That was the flare that went up and said, hey, I got a problem. And that's when the run started in earnest. The FDIC took over the bank around noon today, but it only ensures deposits up to $250,000. The markets tumbled on fears that other banks could be at risk. Correspondent Nancy cordes in Texas a first of a kind lawsuit under that state's controversial abortion law, a man suing three friends of his ex-wife. Jessica Taylor. The court filing alleges that in July, Marcus Silva's then wife concealed her pregnancy and had multiple text exchanges between the women related to obtaining the pills. Joe appointment is with Texas alliance for life. Hopeful that this could mean justice for the unborn child. I'm hopeful that it could mean that poor father of the child could get some kind of compensation for it, such that this would never, ever happen again. Censoria Taylor with rise up for abortion rights dot org calls the action a violation of women's fundamental rights. Overseas, the Chinese president Xi Jinping has nominated Lee Chiang, the former Communist Party leader of Shanghai. As prime minister during the annual session of parliament in Beijing, mister Lee is, as expected, a close ally of president Xi, he's considered a pragmatic appointee to manage the challenge of reviving the country's flagging economy. He will also take over at a time when relations with the United States are increasingly strained. That is the BBC's Garrett marlowe, and this is CBS News
WTOP
"mister lee" Discussed on WTOP
"A wide range of crime, and that includes a trend involving TikTok. WTO's Mitchell Miller is on Capitol Hill. The capability means results. Do we see a decline in vital in crime? Maryland senator Ben cardin, who says there's been some progress and lawmakers are working to provide prosecutors and police more resources. But the number of cars being stolen remains high, along with carjackings. Prince George's state's attorney ayesha brave boy says a TikTok challenge to steal cars has contributed to the problem. Everyone wants to be a TikTok superstar and so they were stealing Kia's Hyundai's. While carjackings in the county have dropped slightly recently, they remain a big problem region wide. In the district, the yearly number of carjackings has more than tripled since before the pandemic. On Capitol Hill, Mitchell Miller, WTO P news. A bipartisan bill looking at railroad safety is expected to be introduced in the Senate today. It's called the railway safety act of 2023. It's co sponsored by Ohio senators sherrod Brown and JD Vance, a Democrat and a Republican. It comes after the fiery derailment of a north southern freight train in east Palestinian on February 3rd. That's when 38 cars derailed and more of them burned the Senate bill aims to address several key regulatory questions that have risen from the disaster, including why the state of Ohio was not made aware that the hazardous load was coming through and why the crew did not learn sooner of an impending equipment malfunction. I'm Peter mister Lee and here are your top headlines from federal news network. Some military service members who refused COVID-19 vaccines could still face discipline, even though the vaccine mandate has been rescinded. DoD's top personnel official told Congress yesterday cases are under review, about 8500 military members were discharged for failing to follow a lawful order. And if you have any ideas on
WTOP
"mister lee" Discussed on WTOP
"I was talking about it to this reporter, I just couldn't control my emotions. You started crying. In northwest, Mike Morello WTO news. Transportation secretary Pete Buttigieg is vowing to hold Norfolk Southern accountable for that train derailment in east palestin, Ohio earlier this month in a letter to the CEO of the freight rail company, Buttigieg says it must live up to its commitment to make residents whole. Letter comes after a fiery derailment caused hundreds of people to evacuate and release toxic chemicals into the environment. Ohio governor Mike dewine says the chemicals that spilled into the Ohio River are no longer a risk, but some residents say they have constant headaches and irritated eyes. The state plans to open a medical clinic there to analyze their symptoms despite repeated statements that air and water testing has shown no signs of contaminants. It's 8 12. I'm Peter mister Lee and here are your top headlines from federal news network. As part of its joint effort to protect consumers from quote discourage of illegal robocalls, the Justice Department and the Federal Trade Commission announced a civil enforcement action on Friday against several corporate and individual defendants for alleged violations of the FTC act. DoJ and the FTC say the action targeted companies that provided assistance to telemarketers who made illegal calls to numbers on the national do not call registry, as well as failing to truthfully identify the seller of the goods and the services being marketed. For more on this and other federal stories, go to federal news network dot com. Still a hit how a local woman made history in The White House. It's 8 12. Do you have a heating and air
The Trish Regan Show
New Proposal Calls for Wealth Tax That Follows Individuals
"Just want to highlight something that's coming out of the left coast state of California where that governor is being discussed as a possible contender in 2024 as a possible nominee from the Democrat party. Gavin Newsom absolutely absurd policies designed to only appeal to the extremists on the left, one of which is this thing I like to call full on hotel California. It's actually 90 that is not unique to California because you've had lawmakers from 7 other states, big ones, including Hawaii, Connecticut, New York, Illinois, Washington. They've all been out there introducing new ideas, new proposals for ways to tax the wealthy. And not just the wealthy. I mean, these are working working wealthy. So there's a distinction in some ways. Anyway, this particular proposal comes from an assembly member in California named Alex Lee, who wants to introduce a new tax on what he calls extreme wealth. According to mister Lee, the counter argument that says the rich will just leave. Well, they're going to fix that because they can just say, hey, look, you guys can run, but you can't hide. Direct quote, you can run, but you can't hide. And he's proud of it. I mean, forget about what that might actually mean for anybody who wanted to start a business in California or start a life in California. I don't think you would. Because these people are going to chase you down. His proposal would apply to individuals with a net worth of $50 million or more, and they would tax the well that 1% annually. Wealth beyond $1 billion would be taxed at 1.5%. So the funny thing about this is he doesn't seem to realize there actually is a real difference between 1 billion 50 million,
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"With the prospect of a soft landing here receding on Wednesday, remember the Federal Reserve chairs your own pal said that U.S. interest rates will probably go higher than people are thinking. Well, in a sign of how bad things could get in the UK, the Bank of England now estimating the economy will shrink by 1.7% over the next 18 months. Labor is shadow Chancellor Rachel Reeves says both inflation and recession will have a terrible impact on families. Families are already incredibly worried higher prices for everything and no economic growth to be seen. The government have had 12 years and what have we got? Low growth, low productivity and a cost of living crisis. Reeves counterpart Chancellor Jeremy hunt is preparing a fiscal squeeze of around 35 billion pounds to fill the hole in government finances. That's not factored into the BOE's forecast so the economic picture may be even worse than predicted. As for Europe, the European Central Bank president Christine Lagarde says that there's still a way to go on raising interest rates to counter record inflation, price rises hit 10.7% for the Eurozone last month, Christine Lagarde says the U.S. Federal Reserve's rapid rate rises could have a knock on effect for the Eurozone. We have to be mindful of each other and we have to be attentive to potential spillovers spill bags as I think the fed is also mindful of. We are not alike. And we can not progress either at the same pace under the same diagnosis of our economies. So the ECB present how inflation fighting rhetoric coming after private sector activity in the Eurozone contracted for a fourth month in October, reinforcing expectations, the block is also headed for a recession. The United States and South Korea are warning Pyongyang that using a nuclear weapon against allied nations would result in the end of Kim Jong-un's government. U.S. defense secretary Lloyd Austin says Washington and Seoul are extending military exercises in the region with North Korea's cited as the reason for continuing a barrage of weapons tests. I've consulted with mister Lee, and we've decided to extend vigilant storm, which is our long schedule combined training exercise to further bolster our readiness and interoperability. That secretary Lloyd Austin there, the defense actually from the U.S. coming as the U.S. condemned North Korea's decision to test an intercontinental ballistic missile this week. So those are our top stories just to bring you some breaking news crossing on the Bloomberg terminal this morning. This is as China is said to be preparing a plan to end COVID flight suspensions really interesting in the context of the rally that we're seeing on Chinese markets this morning, which is partly due to hopes around easing of COVID zero, but this is reporting that perhaps the system for travel could be changed. It could be, it's quite detailed though, the plan would be to scrap the system that penalizes airlines for bringing virus cases into the country this according to people familiar with the matter. We've got a full write up on the terminal. We've spent really a couple of days talking about these rumors of the idea of Concerns saying they were still hiring but of course this is no longer the case and it follows a few other FinTech companies, Khanna, for example, cut 10% of their staff and check out dot com as well. Okay, so that's interesting on the kind of broad sort of chill. But what about the difficult environment? I mean, we're in a bear market basically. What are founders startup founders thinking about this? I mean, is it going to affect women, people of color, the hardest in terms of raising money for a business? Absolutely, that's a great question. I caught up with two investors, Tatiana Sharma, who's the founder of sister fund in France and also Jesse Draper of halogen ventures and we were in conversation yesterday the fact of the matter is women and people of color already receive minimal amounts of VC funding. Women receive less than 2% funding. That's why we've seen Serena Williams, for example, get into this space very much motivated by this fact. And I spoke to Tatiana, you said it's been more difficult to raise this year. She's raised 30 million out of 100 million that she's trying to raise for women in FinTech. And what they said is, in terms of that attitude, many VCs treat other women founders as a charity case, and it's pretty much lumped into the ESG basket. Which makes it more difficult to raise even in a bull market. So let alone a bear market. And I also asked other VCs about this. And they said, you know, there should be hope, especially in downturns, early stage startups do often come through. But it's still very difficult time. Okay, Bloomberg's fine track report, ayesha Ghani at the web so much in Lisbon. Thank you very much for that. Let's get back to Bloomberg's Liang garand who very patiently is standing as we gracefully skipped over. This segment of the program Leon tell us what are you looking at for later today? I know it's Friday and you probably had enough of hearing from me. That's a reason. At 7 a.m., UK time today will have Germany factory orders for September. At 9 30 a.m. UK time, the ECB president Christine Nagar's due to speak about monetary policy that's happening at an event hosted by Estonia Central Bank shortly after midday UK time the BOE's chief economist who pearl will deliver a virtual briefing on the Central Bank's policy, monetary policy report, and that will be followed by U.S. non farm payrolls at 1230 p.m. UK time October's report will likely show a downturn. Leon guerin's with our look ahead, coming up next will speak to Antoine bouvet from ING. This is Bloomberg money minute. Retailers, including Amazon, have been warning that as people get sticker shocked from inflation and worry about a weakening economy, holiday season sales might not be too hot this year, but that's not the chorus being sung by everyone
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"Well, so let's respond to North Korea's missile launches is looking pretty aggressive. Let's get to advancement in San Francisco with the details. It. Yeah, you're right, it is, it is, Juliet, the reaction to the North Korean missile launch storm is to continue the exercise storm. I've consulted with mister Lee, and we've decided to extend vigilant storm. Yeah, defense secretary at U.S. Lloyd Austin says it's an extension of a long previously scheduled exercise. To further bolster our readiness and interoperability. And we'll continue to work closely together to develop options to protect the United States and our allies in the region. Austin says proof that the alliance with the ROK remains ironclad and says that Kim using a nuclear weapon would result in the end of his regime. South Korea meanwhile says the ICBM fire toward Japan yesterday apparently failed and that it was one of at least 6 fired yesterday. German Chancellor Olaf shoals was taking a trip to China this week to close economic ties. He'll be bringing Germany's biggest brands with him Bloomberg's Christophe ranallo says it is not universally endorsed by the EU. Is quite controversial on the one side. You have the business leaders or the business world that is largely welcoming the trip to continue a conversation, a dialog with China, if you will. And on the other side, you have many political observers who express concern about the political tension about the human rights issue. Christoph says if something, for example, should happen with Taiwan, Germany and the EU are very exposed. UN's atomic safety agency says it has found no evidence of dirty bombs or indications of undeclared nuclear activities and materials in the Ukraine. FBI says it received information of a broad threat to New Jersey synagogues saying it is taking proactive measures governor Phil Murphy says the threats are credible without elaborating. He did say, he's been in touch with agencies to provide security, New York City, says it is monitoring and sharing information. And this with a number of anti semitic celebrity posts. It follows many times. The latest Brooklyn Nets player Kyrie Irving today said, he is taking responsibility for his posts. But I also am a human being as 30 years old and I've been
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"South Korea and the United States responding to North Korea's missile launches and it is looking pretty aggressive. His head backset in San Francisco with global news. Yeah, rich, that's exactly right. The reaction to North Korean missile launch storm is to continue and exercise storm. I've consulted with mister Lee and we've decided to extend vigilant storm. Yeah, that's U.S. Secretary of Defense Lloyd Austin says an extension of a long previously scheduled exercise. To further bolster our readiness and interoperability. And we'll continue to work closely together to develop options to protect the United States and our allies in the region. Austin says proof that the alliance with the ROK remains iron, clad, and says that Kim using a nuclear weapon would result in the end of his regime. South Korea, meanwhile, says the ICBM fire towards Japan yesterday apparently failed. And that was one of at least 6 fired. German Chancellor Olaf scholz was taking a trip to China this week to close economic ties. He'll be bringing Germany's biggest brands with him. Bloomberg's Christophe renal says it is not universally endorsed by the EU. Is quite controversial on the one side. You have the business leaders or the business world that is largely welcoming the trip to continue a conversation, a dialog with China, if you will. And on the other side, you have many political observers who express concern about the political tension about the human rights issue. Yeah, Kristoff says, if something, for example, should happen with Taiwan, Germany and the EU would be very exposed. UN's atomic safety agency says it has found no evidence of dirty bombs or indications of undeclared nuclear activities and materials in Ukraine. The inspections were carried out at the request of Russia. The FBI says it has received information of a broad threat to New Jersey synagogues saying it is taking proactive measures. Governor Phil Murphy is saying the threats are credible without elaborating on what is known. And this was a play in the number of anti semitic celebrity pos Brooklyn Nets player example Kyrie Irving today says he is taking responsibility now for his post. But I also am a human being that's 30 years old and I've been
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"At luxury. Talk about tough love. A man identified only as mister Lee from nanning in southern China is keeping his $29.9 million lottery jackpot, a secret from his wife and child, saying he was worried that the winnings might make them lazy to keep up the ruse, mister Lee accepted his oversized lottery check, wearing a bright yellow cartoon costume. For a little less tough love, Disney's flagship streaming service is giving subscribers first chance to buy new toys and merchandise, Disney+ subscribers can purchase Mandalorian lightsabers and Black Panther collectible masks. Go ahead and get that grow cool onesie. Meanwhile, Gale and Lawrence, a Tennessee based billionaire with U.S. farming and banking interests has been on a wine buying spree. First Napa Valley's iconic heights seller in April 2018 then Haines, Burgess, stoney, and now chateau, and Bordeaux. Visit Bloomberg pursuits dot com for more. I'm Andrew rode. Bloomberg radio. Not completing high school is more of a social thing than it was an academic thing. I came out in the 11th grade. Nobody was embracing you. The kids were cruel. It was very difficult to be gay. Even though all these years have passed, I still had that longing to have my diploma. The hard part was determining what I was gonna do it. But I definitely didn't do it alone. At age 30, with the help of her mentor, Carissa finished her high school diploma. I have a mentor, Maria. She convinced me to continue my education and finish what I started to get my diploma
TuneInPOC
"mister lee" Discussed on TuneInPOC
"Or are they like little homing pigeons? Will they just sort of go down lampton key? Round the waterfront, orange obey. Through the tunnel mount Victoria. And back. Was I just keep going back, that's the question I really wanted to ask. Without the sound of fixed, a 13 pass four, a very good morning and welcome home, Mikey. Oh, you still are here after 43 hours of traveling from Glasgow leaving the air Friday afternoon daytime, which would have been early hours Saturday morning your time. And I arrived back to my little home here in Elvis streets last night about just after 6 p.m.. It's a lot of trouble. I know and the thing is I've got those lovely cane calls I arrived back with last night. With your calf. But they can often hit you're sitting for so long. And the important thing is I always make sure that I get up and drink lots of water because of course it's about 7 hours from Glasgow to Dubai. And then I was on the ground for 7 hours and then it's another 6 and a half from Dubai. You stop and quite a lump at the moment. Because there's no direct flights from Dubai to Auckland. So stop and climb the lumpia and then you refuel, pick up more people, drop some people off. And it's another team now is from to Auckland and then on the ground for three. And then I got a jet staff flight back from Auckland down here to put in, well, we want a difference in temperature. Arriving into them because of course, sometimes they still have it being if you exit off the back of the plane. Here in the evening, of course, you go across the talmage, which is a little bit unusual. And because usually you sort of need it from the front and you go for a say, we bridge, but yes. So back to life back to reality, I guess, really? Yeah. Oh, I look exactly. And that whole thing around moving in an airplane. It's not always that easy because sometimes you've got the seat belts on for hours at a time at this turbulence and drop into the island and do some press ups and setups and sprint up and down or we always like to sit towards the back of the plane roaming and the aisle seat. So what I do is I just I get up and then maybe sort of I mean some really good at sleeping erect. And by that I mean upright only in the seat remain. And so I can doze and see quite well. So I sort of make my way to the back of the plane. By the doorway, if you pull that off and exit to pull that lever and I wonder not that I would even do it. If you could actually pull it while the plane is actually good. I know because you know what I mean that's a really huge thing and of course it would be for emergencies only. But anyway, I use it eerie here because it's a little bit of space and often I'll just do lots of calf raises and lifting your knees up and things like that on the spot and reverse legs and some stretches. But it's not a lot of room and sometimes too often I've been in the area too often if Muslims are the trevino you said area to do the praying because you know they do the pain on the ground as well. So a lot of people and also to often a way a great way to make people too because often people do tend to go there because of course the tour is in the back as well so people are queuing there. But it's like a little meeting place. If you were to buy a first class ticket on one of those really flesh planes, they actually have a bar, a proper full bar. Maiden, like it's a curved horseshoe bag where you stand like a little nightclub meeting people and getting how you doing. On the Emirates A380 is it going to deliver a bar as well? And I mean, it's so interesting. And what's interesting, do I notice is that for whatever reason, of course, above your seats, you've got your fastened seatbelt sign. But even to this day, you've got the nice Viking signs. It's always so that help and what some years ago remain, I represented New Zealand and the team aerobic champs and Brazil, some follow. On the way back, it was back in the 80s and of course it was a time when you could spike on the plane. And I remember the seat I had was in the non smoking section. But it was the last row of the non stoking section before the smoking season. So that is right behind me. Well, Mikey, when I was 20 living New Zealand for London, I was a bit of a smoker and you go down the back of the plane for a smoke and it just seems absolutely nuts to be hurtling along at over 800 kilometers an hour in a ton vessel filled with fuel and foam seats and you're smoking. You know, it just seems bizarre. Honestly, I arrived because of course that flight from saint Paulo back to New Zealand. You came under the North Pole and after that way. So anyway, but I know you're right back in, of course, it's not like you've been a night. The other day is that you go to the mic, I was going to get home and you'd start it was horrible. Are you talking about dates and these are scones? I saw these. I should have got to me. They were called chaco dates, which were these dark chocolate covered dates. I think would have been absolutely. And of course, back in the day when from our days in bastard, when your brother attended saint Joseph's Chanel Cole, I did Jaime economics from the subform. And had four memories of my home economic teacher misses Macgyver. And of course, we learned to do things like make scones and things you do these days. And of course, I know that that was one of my highest exam results, the time economics along that. You could do middle work and would carving and you could do woodwork sorry and typing in stowing. Oh, look, I'm Dixie just writing down as you mentioned it. I went to he owner intermediate, which doesn't exist anymore. I had misses gage for cooking or home economics, whatever you called it. We called it. So we called it techno craft and technical craft was metalwork with mister Smith, would work with mister Lee clary Lee. I think his name was and cooking with misses gage and she was the loveliest, most patient woman. Yeah, she died, I think, quite tragically well before her time, but I don't know if that's still done a lot in schools these days. It certainly needs to be because people can't even poach an egg these days, can they? Are they what fits I funny because they're sort of funny when you're talking about mirrors of the past because he owned intermediate of course you might remember this, but we used to travel that from our college up to in order to do to do the metal work. There you go. So that was up there. We had to travel to and also to I remember during the week on a Monday, I think in Weinstein, he owned intermediate in the full year, I would go to drama classes with misses vinton. Barbara vinton. You joking. See, she taught me speech and drama from the age of about 8 or 9 right through till the end of college. Yeah. Oh my God, a beautiful robust woman, and of course, of course, been drama. Being used to do productions at the harlequin theater. Yes. Yeah, yeah. I did lots of plays at harlequin. We must have crossed paths. Maybe with just a few years to, I don't know. Whatever. Oh my God, remember the green room at the eloquent nature at the back end. Putting on a different stage in that and you get to put on all the different you found dice and all your stuff in the smell of it out the green room. I can still say can I? I love the smell of the green room. Oh my God, I mean, this is like a little
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"We'll get the latest FOMC decision. Widely expected to raise rates and other 75 basis points, we'll also get some indication maybe of where they are going next. To give us a sense of what this is what may mean for the economy we turn now to bill Lee's chief economist for the milken institute. So mister Lee, thank you so much for being with us. First of all, what is the fed looking at right now? What are the signals that they are really keying off of? The one thing that fed is absolutely obsessed with is not allowing a wage price spiral of the sort that we had in 1970s to take hold. So the key to the fed policy right now is to make sure that people incredibly believe that they will bring inflation back to the two and a half percent or 2% range over the next, say two years or so. And everything from Jackson hole onward has been to reinforce that message will bring inflation back to target in a short amount of time. But not all wages continue to go up, right? I mean, you can certainly look at the rail strikes all of them, which is a big raise, but if you look at the numbers overall, nominal rages, not real wages, continue to go up. Right. And that's really the key. But right now, nominal wages are rising by something on the order of about 5%. And that's right in between where the indicator of inflation, the PCE, the fighter, the headline is a little bit above 6, and the core PC deflator is a little bit below 5. So the wage, the fact that wages are holding steady and we're not experiencing increased wage demands that go into the 6s and 7s is for the fed a very good sign. But it's still way too high. You're absolutely right. And now the issue is, can we bring the inflation down to the point where people don't feel the need to ask for these 6 to 7% wage increases and the key to that is going to be containing the rising elements of inflation right now, which is core inflation, which is really mainly driven by rents and homeowner equivalents for the price of housing. Well, what about rents and owner equivalent rent as well? There's a fair amount of momentum built into that. Is there not? I've seen some estimates that say it'll keep going at least through the middle of next year. Oh, absolutely. And unfortunately, it's what's unfortunate about that indicator is that it lags behind what's happening in the real estate market. As we know, the first to feel any kind of fed tightly would be the real estate market because that's the most sensitive part of sector of our economy. And right now, what we're seeing is sales prices for real estate are starting to collapse. But unfortunately, it's not showing up in rent yet. The new leases that are being renewed are still showing incredible increases. I hear some numbers as high as 20% annual increases. But the key to the core inflation indicator is that it will take time for that to catch up and for sure be the next 6 months or so before we see the turnaround the real estate market show up in these rent prices. As far as I know, the fed continues to say that their target for inflation is in the 2% range, not 2%, but 2% range. What would it take to get it back down in the 2% range? We're a long way from there right now. Oh, absolutely, David. And the key to the fed's policy right now is they're convinced that the markets and the public in general don't believe we're going to get anywhere near to 2% range without a severe recession. And so they're going to say because we have been so far behind the curve and because we seem to like the credibility, we're going to essentially talk tough and follow up with tough actions. So expect to see the fed raise inflation, the interest rate well above 4%, possibly it's a 5 so that we can get a real restrictive tightening in the monetary posture. If, in fact, they start to do that. People are going to say, my God, I might lose my job in 6 months. I better cut back on my spending and try to save what little I can to protect myself. If that indeed happened, then we're going to find that inflation rate will start to fall even faster. And the duration of this type policy may be much shorter and maybe they start to ease off a bit. But we're not going to see a fed pivot and markets should not expect to see it fitted until we see inflation, especially core inflation, start to turn south. That won't happen unless people believe things are going to get really bad and they better start saving now. So if I heard you correctly, what you're saying is they're going to need to get pretty close to if not at a 5% terminal rate. The market is prepared for that. The market has because the two mandate, the markets convinced that essentially chair Powell is not able to channel poll Volcker. He's not going to be successful in being able to pull off what Paul Volcker did. And most market participants seem to be betting that picture of Paul will check it out once they seize the unemployment rate start to rise up to the fours and possibly 5%. And that's what the fed is fighting. That image that fiddle checking out can not be allowed to persist. So as I listen to you, a lot of it has to do with the credibility of the fed, whether the market and particularly individuals seeking wage increases believe the fed's going to get it back down or not. Has the fed damaged its credibility by the way it's handled this so far and for the longest time they said we don't really consider sundering about inflation. We have the tools to fix it. Right now it's not quite so clear. I think the first damage to its reputation was in the transitory talk. The belief that supplies that we come online faster than they thought. But the really the art of central banking has always been managing the tension between talking tough and future tough actions. If people believe in the tough talk, the need for future talk actions lessons. But right now, when the FOMC came out in March with this immaculate disinflation, inflation coming down miraculously without a rise in unemployment rate, that again added to the damage to their reputation. So right now, the fed's reputation is so damaged, they not only have to talk tough, they're going to have to act of until people start to believe it. The one thing to remember is that economics is not physics. It's not a set of physical laws where you push out interest rates and you get this reaction inflation. People are adaptive and there are certainly adapted to what they believe the future is going to hold at future policies to keep to that adaptation. And finally, bearing in mind your admission which is a good one, the economics is not physics. If in fact they go to 5%, what do you expect the range of unemployment will be at that point? I think we're going to have to see the unemployment rate rise by at least a percentage point in order to be for people who believe it's credible. But now that's coming from a very low base. Whether it's three and a half percent now. So four and a half percent really isn't bad by historical standards. My fear is that because the fed's probability is so low, it may have to go into the 5s
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"More than 50% of votes on October 2nd or run off will be held. Jury selection begins today in the trial of one of former president Donald Trump's confidants. Colony capital founder Tom Barrett has pleaded not guilty to trying to influence U.S. policy as an agent of the United Arab Emirates. Federal prosecutors have accused barrack and his assistant of using their access to the most powerful members of the U.S. government to provide information and assistance to the UAE. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I'm Mark pumped in this is Google. Thank you so much, Mark. It is time now for Bloomberg equality where we take a look at efforts to ensure diversity and inclusion in the workplace. And today we're going to welcome the man responsible for it in the Biden administration, Michael leitch. He is the first ever White House director of diversity and inclusion. So mister leech, thank you so much for joining us. I must say, I'm almost daunted by your task. I just looked it up. I think there's something like 2.8 million employees, federal employees. How do you go about trying to ensure diversity and inclusion with you and have 2.8 million employees? Well, David, it's good to see you. Thanks for having me on. It's great to be with you. It's not only myself. It's a cross functional effort across the federal workforce. And ensuring that since the beginning of the administration, one of the president's top priorities has been permanent administration, reflective of America's diversity and one that taps into the very best of our nation and this commitment to making sure we have representation some communities that haven't always historically had a seat at the table if you will, right? It's something like the president wanted to see across the federal government, including here within The White House since being one of the many reasons my role was created with us again a first of its kind portfolio to exist within The White House. And it's really intended to help build and maintain the staff and flexible by country diversity and to fossil inclusive workplace culture that empowers us to really feel free things hurt and value while advancing the president's agenda. I think oftentimes when people think about The White House or the federal government as a whole, it's sometimes perceived as very compliance and policy having, right? And while those things are important, if leaders are not careful, we think focus too much on changing policies, but not enough on changing mind, right? That is the heart from the minds of the people carrying out the work itself day today and for the people we serve, which will allow cases to be American public and so all that to say is going to continue to be a top priority underscore disbelief that the United States is at its strongest when our nation's workforce reflects the community to serve and what our public service I put to advance equitable outcome for our community. So can I be more humbled and grateful to serve in curse of what we've accomplished this far and excited for us ahead? Michael, as you know, in the business community, we like to say if you can't measure, you can't manage it. And so let me start with the most basic thing. How do you measure diversity and inclusion in the federal government? Yeah, you know, it's a great question. And it's really multilayered. You can measure it by the data by the numbers, right? Diversity is who has to see that the table inclusion is about who has a voice at that same table. So you can measure it by your onboarding metrics. You can measure by the engagement in your day to day week to week and month to month engagement activities that we name as well and so it's really not too late as part of the EO that was rolled up just recently. He decided last Joe and federal agencies are starting to execute their strategic plan as part of that. There's a maturity model, right? Every agency has a different starting place. And so it's really much layered, really depends if agencies specific because we all have the facade of places, but those are the sums of the ways we measure it. What's success for you? How will you know when you're at least making progress? I mean, you'll never get all the way there and nobody ever will. But how do you know that you've made progress? Yes, you know what? My participation, how best if we want to build a staff and selective. So we want to fall for an inclusive culture where folks will think our value. Just some of the accomplishments, the main sum. We all were the most White House staff in history, including the first ever ASL staff interpreter. I was provided training success for us and absolutely made sure we have consistent, highly and best practices training officer Harry managers. Policy making sure that we're broadening the candidate slave for every fit, open White House role. And learn and development. I'm a firm believer that you should never stop learning because life never stops teaching a social success for us. It really normalizes the conversation, making sure that leaders within the agency but also within The White House are more open and adept to how to support their change and be successful and amputated now. Michael, having tried to manage some of these issues in private business, I know that one of the challenges is typically this is certainly true in the organization I ran. You do better on diversity at the lower levels of the organization as you go up the org chart. It gets harder and harder. I've seen some statistics for the federal government that suggests you got the same issue in the administration. How do you address that? Yeah, you know, it's a great question. I think this workaround diversity, equity inclusion and accessibility to accidents would be referred to as PPI. It really requires us to listen and learn before we can truly be. I often share with senior leaders about being in a leadership on the streets we visit. Yes, you have a broader scope and view of the organization and the business with a lot of people shake it, but the challenge is that you're much farther away from the front lines, right? Which makes it much more likely to lead us to receive certain information and so it becomes more and more important than ever for leaders in organizations and boards of directors for that matter to have communication channels in place, like chief diversity officers, like chief people officer who know how to navigate and maintain a deep understanding of the day to today culture by integrating ways to improve the culture in real time. Just to ensure that the broad organization doesn't feel like there's too much distance between the overall mission and the day to today I'm a firm believer that distance creates distortion, right? The more distant you are consulting or somewhat of a policy, the more distorted you will be of that thing. And one of the primary mandates of a chief diversity officer or any senior leader for that matter is to serve as the bridge that closes the gap between knowing and doing. And again, understanding this belief that understanding may change mine for the action that changes lives and to put in place mechanisms and communication child for that reason, that tends to mitigate some of the issues and challenges. Mister Lee, thank you so very much for your efforts and also for being with us today. Really appreciate it. That's Michael leitch. He's the director of diversity and inclusion at The White House. Coming up, it's Monday, which means it's time to check in on midterms 2022 with our political contributors, Jeannie Chan xeno, and Rick Davis. This is balance of power on Bloomberg television and on radio. From the state courts. Mistake circle is bringing together developers and entrepreneurs from around
Bloomberg Radio New York
"mister lee" Discussed on Bloomberg Radio New York
"Daybreak Asia. Good Wednesday morning from the Asia Pacific at 6 30 in the morning here in Hong Kong. I'm David ingles. And I'm Doug Krishna at the Bloomberg interactive broker studio in New York. We're about 90 minutes away from opening of cash markets in Tokyo Sydney and Seoul. The futures are somewhat mixed. We also have a rate decision later today from the reserve bank of New Zealand, stateside it was a mixed finish for the equity market, a move up in short term interest rates, a lot of positivity where retail stocks are concerned on negative sign when you look at what's going on in energy shares, essentially tracking the price of crude oil today. Dave will take a closer look at today's price action to get you set up for the day of trading in Asia. We'll do that after we update a few of the sours top business stories. Dave. Yeah, and we'll start things off here in The White House with economic adviser Brian deese, talking about the U.S. economy and basically saying that the economy is facing a lot of uncertainty over the next year. However, he told us that this should be offset by a new legislation and a strong labor market. We're still very focused on some of the global threats that we face, including the energy markets and the second order implications of the war in Ukraine. But if you look at the steps we're taking and the policy actions we're taking, I think it's certainly the case that the inflation reduction act, the chips and science bill that we passed just a little while ago. Those are going to help. They're going to help meaningfully in this transition. Now, Dee said recession fears were counterbalanced by positive economic data, including a three and a half percent unemployment rate. He also said that the data showing a cooling housing market was the intended result of the fed's tightening efforts. Meantime in China Premier Li keqiang has asked local officials from 6 key provinces to boost growth measures. This is according to CCTV and it comes after the latest batch of China data showed consumption and output both down well below expectations. Now from mister Lee's point of view, it's a vow to reasonably step up policy support to stabilize things like employment, prices and to ensure economic growth. Now economists have warned that China faces the risk of even weaker growth and to that end they have called for additional stimulus saying the surprise of the interest rate cut earlier this week has done very little to alleviate those concerns. Yeah, what's seen as more symbolic than anything, but maybe the orientation of policy is a lot more constructive life. Let's see. Let's give it some time. Now speaking of policy on deck today is the RB and Z and they're set to hike rates by another 50 basis ones that's a fourth time now taking the cash rate up to 3%. That's according to our folks at Bloomberg economics, and that does signal, of course, at a Central Bank, there will spearhead a global tightening cycle, but the high could temper the pace of tightening over the next year or so. Forecasts say that that would come as the effects of earlier tightening emergent inflation pressures are expected to ease. Investors will be watching whether policy makers signal to further half point moves this year or flag the possibility of smaller moves as the fed already has. All right, let's have a look at where we are market wise here as we get underway. This Wednesday morning in the Asia Pacific. So I mean, the market mood is, let's call it cautious for now. You have futures calling for a slightly higher open in your cash markets over in Australia. And Japan, though, you have your cash market in New Zealand up and running up just one and a half points there on the benchmark itself. U.S. futures are coming off a couple of points. You're not a lot. We're down about just being very generous here. Down about two points, not percent the 22 points on the S&P 500 E mini futures, NASDAQ features off by about 9 points. Dao features down about 15. That's after a mixed close on Wall Street overnight. We talked about the RB and Z also on deck today, we're tracking energy shares on the back of the drop in energy prices overnight 6 month lows basically here for West Texas and also Brent. West Texas is now trading about 20 cents above the closing level of 85 60. A couple of other items in the agenda today. You have this rally in Chinese government bonds. We talked about the price. Rate cuts. We've had obviously the backdrop of weak data and this deteriorating outlook there on the mainland of ten year yields basically collapsed, double digits this week, so we'll see whether that continues for a third day. Tech is also in focus. We talked about Tencent and its reported plans to divest all or part of its stake in meituan there. It's also reporting earnings today, so we'll see really what happens as far as that group of stocks is concerned to sell off was really quite significant across that space on Tuesday. And yeah, a couple of other things we'll get to that a bit later on in the show. Well, can I mention the weaker yen? I mean, that was a pretty big move. Yeah, in New York trading down about 7 tenths of 1%. That setting up for yeah, a little bit of a pop maybe in the Japanese equity market. I'm looking at Chicago Nike futures now about a hundred points or so above where we were yesterday in cash. All right, let's get to global news here
The Dinesh D'Souza Podcast
America's Deeply-Rooted Double Standard of Justice
"If you don't really believe that there is a now deeply rooted double standard of justice in this country. Let me give you a couple of cases to compare one against the other. You remember Jacob chansley, the guy with the big feathers and the guy with the ridiculous outfit on January 6th. Now this is a guy who went into the capitol and basically paraded around. No weapons, no assault, no, even implication of violence. He spent 317 days in solitary confinement. And he got 41 months in prison. The DoJ actually wanted more, but that's what the judge gave him. Now, let's compare his case. With the case of another guy, this guy's name is montez teriya Lee. And this is a guy during a George Floyd riot and antifa BLM riot. What did he do? He set fire to a pawn shop. Deliberately. He was an arsonist. And there was a man inside the pawn shop. Named Oscar Lee Stewart, 30 years old, who was torched to death. This guy was burned. And his body was found afterward he obviously inhaled fumes and he suffocated to death. As a result of the actions of this guy montez, teriya Lee. This is the black guy, I'm looking at a picture of him he's kind of holding his hand up in a kind of black power salute outside the pawn shop. He was obviously very proud of himself and what he did, and he was making a defiant gesture outside the pawn shop. Look, I'm the guy who did this. And now I want to read from the Biden DoJ's statement of the judge asking for this guy not to get a typical murder sentence. Not to get a life sentence, not to get a capital murder sentence because the truth of it is if you commit an intentional felony, and in the course of that felony, even though you didn't intend to kill that guy in the commission of the intentional felony you did kill that guy, it becomes a capital offense normally, normally. But for the Biden DoJ, these are let's just say understandable circumstances. And so the Biden DoJ wants 12 years for this guy for this crime, a crime that normally carries life. I want to read from the Biden DoJ's document. They say, mister Lee's a motive for setting the fires of foremost issue. Mister Lee credibly states that he was in the streets to protest unlawful police violence and was, quote, caught up in the fury. Now they say the DoJ as anyone watching the news worldwide knows many other people in Minnesota with similarly caught up, quote there appear also to have been many people who felt angry frustrated and disenfranchised and who were attempting in many cases in an unacceptably reckless and dangerous manner to give voice to those feelings, mister Lee appears to be in that category. And then they go on to say, he appears to have believed that he was, quote, in doctor king's eloquent words. Engaging in, quote, the language of the unheard. Now, Martin Luther King of one point said a riot is the language of the unheard and here you have the Biden DoJ invoking Martin Luther King to make this guy seem like not a nice guy, but someone who sort of got whipped up into a frenzy and we can kind of understand the cause because after all, he was fighting for social justice. And then the judge goes along with this. The guy gets ten years, which when you consider what he did is an absurdly light sentence. Here is the judge. The judge says two mister Lee. And contrast this again with the judges who have been excoriating the January 6th protesters, nonviolent protesters. Oh, you overturning you're trying to overturn election. You're trying to mount a coup. You're endangering our system of government. Here's the judge. Her name is wilhelmina Wright. She says to Li that you are, quote, more than the person who celebrated your actions on social media. You are more than the person who destroyed that business by fire. You are more than the person who set that fire that killed a man. In other words, the real mister Lee is not the guy who did those things. And then the basic idea is this is how she concludes so while there are no excuses for your actions on May 28, 2020, you have a chance to move forward and live a productive life. The judge is actually even though the victim is dead, saying to the perpetrator, you know, I'd like to see you go on. I'd like to see you become a better person. We don't have to judge you entirely about what you did on that day. You were sort of carried away. You were articulating, quote, the language of the unheard. So look at the kind of gentle understanding empathetic way in which the DoJ treats this particular case and then contrast it with the tight lipped glint in your eye anger that judges, including in one or two cases Trump judges have unleashed on protesters who showed up in Washington D.C. on January 6th to simply express their frustration
BBC World Service
Pressure on Carrie Lam to end unrest after talks with Beijing leaders
"The Chinese premier Li ke Qiang is told Hong Kong's leader Carrie lam but you must end the violence and chaos caused by anti government protests during ms lambs annual trip to Beijing Mister Mister Lee offered her the government support but expressed regret to by the economic damage being done to Hong
Larry Elder
Li Peng, Chinese premier during Tiananmen crackdown, dies
"State media have announced that former Chinese premier Li Peng has died at the age of ninety the official announcement from the Chinese state media praise to leave Hong as an outstanding member of the ruling Communist Party but across China Mister Lees had long been known as the butcher of Beijing in the years following the brutal crackdown on pro democracy protests in Tiananmen Square it emerged that Mr lead was the senior official who advocated for force to be used to shut