31 Burst results for "Moynihan"
The Eric Metaxas Show
What Happened to the American Left? Alan Dershowitz Explains
"Dershowitz, I was talking to you earlier about how to my mind because I'm generally on the conservative side of things. I have been just astonished by the descent of today's left. It's not the left that we once knew. There seemed to be almost no principled liberals or progressives, those like you are so rare, I think of Daniel Patrick, moynihan. I think of people in the past that we would say he's a liberal. He's a Democrat, but boy, we agree on almost everything we can quibble about this and quibble about that. What has happened to the American left that we are at this point? How has this happened? Well, I wrote a book subtitled why I left the left, but couldn't join the right. The people like me are really stuck in the middle. We are social liberals. We believe in gay rights. We believe in a woman's right to choose. We believe in reasonable gun control, but we can't buy into the world culture. We can't buy into their repressive nature. They're not progressives. They're repressive. They don't believe that free speech in the marketplace of ideas are important. They think of free speech as a patriarchal white supremacist way of preserving a power. They don't believe in due process. If you're a man and you're accused by what, of course you're guilty, what do we need a trial for? So, you know, the hard left has always been that way. No surprise. The stalinist hard left and the Nazi horn right were the same. And today the stalinist hard left as represented by some people in the squad and people on the left left left of the Democratic Party are just reflecting the old notions of stalinism, including their virulent anti Israel attitudes, which sometimes morph into anti semitism. And so, you know, we are a country of extremes. And
The Eric Metaxas Show
The Plight of Men Lacking Fathers in Their Lives
"To say that, you know, this is as basic as it gets in the Bible. But this is not only for Jews. This is not only for white people. This is not, this is central. The ideas of the Bible are for every human being. And this idea of the blessing, this biblical idea is God's idea, and when I think just the other day, I was talking on my program about the plight of African American men and how at the heart of the dysfunction in that community. And the rates of crime at the heart of it all is the lack of the father. Broken families. People usually don't have the guts to talk about that Barack Obama had the guts for three minutes and then Jesse Jackson attacked him and he backed way off. There was an historic opportunity. He backed off. Daniel Patrick moynihan talked about this in the 60s. This was a liberal from New York, liberal senator, he brought this up, studies show. This was in the 60s. So this is at the heart of reality. If you want to deal with the problems in culture, you need to bless men. You need father figures to bless young men when you do not have that, the trouble that ensues is infinite. It is everywhere and we are seeing that. So
Squawk Pod
"moynihan" Discussed on Squawk Pod
"Has identified a case of coronavirus in Washington state, the Wuhan strain of this. If you remember SARS, that affected GDP, travel related effects, do you have been briefed by the CDC or the words about a pandemic at this point? No, we're not at all and we're we have it totally under control. It's one person coming in from China and we have it under control. It's going to be just fine. Yep, that was our own Joe kernan and then president Donald Trump in Davos in 2020, with the infamous soundbite that led us straight into the COVID-19 crisis. Since then, at least 6.7 million people have died from COVID-19, economies have shut down and opened again. Central banks around the world whipped out every tool in their toolboxes to bring our economies back to stability, and Russia started a war in Ukraine that still threatens the global supply chain. And yet somehow we're back to normal almost. Chinese leaders after nearly three years of China's zero COVID policy lockdowns aren't Switzerland too, swapping ideas with the rest of the world's elite. And this year, the World Economic Forum is all about public private collaboration and finding stability in a turbulent economic and social time. This next interview was recorded on location in Switzerland, of course, outside, as always, with a really lovely view of Davos. Brian, thanks for coming out early. You are first yes. Starting off with a bang. Bank of America's CEO Brian moynihan sat down with CNBC squawk box anchors Joe kernan Becky quick and Andrew Ross orkin. Brian, first of all, welcome. It is great to see you in person. Great to kick things off here at wef. It's great to be here and great to see the snow outside instead of sunshine last May. Remember that? And some bells ringing for you right now too in the background as well. I'm suffering Joe in another part. It is. It is. I thought since you were our first guest, you could just tell us a little bit about how the world's changed since January 2020, the last time we had a January Davos meeting of all these people. Yeah, think about the pandemic and the war. Ukraine Russia and Ukraine. I mean, these things when we left here weren't even contemplated. We heard a little bit about this. People getting sick and part of China. And so three years later, effectively, you've seen the ability of companies to push all the work at home and bring them back. You've seen the world push forward, JoJo said, you know, look at China and lockdown grew. You've seen massive intervention on the monetary side and now having to be withdrawn. You saw massive fiscal policy. So it's a very different place and I think that's what's causing a little harder to understand how this is all going to unwind is because how fast it had to come on and have a bigger volume that came on it. Just in terms of the economy, I mean, obviously this is a moving target. And I know your team has some news today. They're changing their economic outlook slightly. Still talking about a soft recession coming, but pushing that out a little bit, a little later in the year because consumer spending has been a lot stronger than most people anticipated. Yeah, so our team the research team basically, if we were here last year at this time, which we couldn't be. But if we were here, they would have said at the end of 22, you'd have seen a recession, then he pushed it into 23. Now they're pushing the mid 23. And that's because this is the U.S.. The strength of the U.S. economy continues to come through as a fed raises rates are slowing it down, but there's a lot of underlying growth in consumer spending, not the same rate. It wages growing in inflation is hurting people and they're trying to get under control, but it's interesting. So they basically say mild recession, beginning the middle of this year, fed raises funds to 5 in the 5 to 5 and a quarter, but they do it in three 25, three 25. Basis point increase as opposed to 50 and 25 meaning they'll take more time, unemployment still gets to 5, but comes on a little later. And so I think they just have kind of the old pig in the snake and analogy is it pushed it through a little bit and we'll see what happens. Do you agree with that assessment? Because sometimes the management perspective has been different than the house analyst perspective. Well, we've got internal accounts. I talked to him, and we have the research team with the best in the world. We agree with that. What we see is a consumer spending across our customer base has slowed, which means that's good news and bad news. So first quarter of 22 over first quarter 21, 14 and a half percent, about 5% fourth quarter 22 over fourth quarter 21. So far, this month actually it's back up 6, 7%. So it's resilient, but that 5% is more consistent with a 2% growth economy as opposed to a faster growing economy or in lower inflation. But that consumer spending is strong. Consumers have money in accounts. They spent it down a little bit. They still have a lot there. So my belief is a mild recession. The conundrum I keep asking, you can ask The Economist knows you have. How can you have unemployment only get to what we used to call full in formula four and a half and only get to 5 and have a recession? Are we going to have an unemployment less recession? And you keep asking that question and that's where I think you start to see the real change. Anymore. It's not too back to back quarters of negative. Ask everyone this is the market wrong, the ten years wrong and the fed's right, or is the market right in the fed run? Why should we think the fed's going to be right? A year and a half ago, I can't forecast. They use backward indicators anyway. They use statistics that have been compiled over the past three months. So why should we think that they know 5 and a quarter is going to be necessary? And I think they're back into that time frame where it's sort of climbing a wall one step at a time as opposed to any great scheme. They had to get rates up to fight inflation. They're having an impact there. Either good side inflation is coming down. And frankly, China opening may contribute to more supply to which therefore could lower prices. The tough thing in the U.S. is shortage of labor and a shortage of people. Even though the turnover rates and companies come down dramatic and you hear about people readjusting their headcount now, it doesn't mean they aren't hiring. We had to hire 5000 people in the fourth quarter of 2022. It just to maintain neutral headcount type of thing. But if wage gains just went to where inflation is. That'd be nice. That'd be fine. They need to say, oh no, we don't like that. We need to do more work. I got to be happy with that, which we're seeing already. 5% is low historically, but you're still, you can do the math on what one and a half percent means how many people lose their jobs. Is that really necessary? Do you think short rates get to 5 and a quarter? No, that's right. I think that if you listen to dialog around this discussion with economists and with the fed knows, they're trying to figure it out because to your point, this is a bit unprecedented. The idea that consumers in our customer base still have multiples and money in their checking account. They had pre-pandemic. This late in the game, at this late in the recessionary slow growth environment is very different. They didn't have that money going into the financial crisis. The difference between the housing market, which is tipped over pre financial crisis, the LTVs and the bank portfolios like 50 some percent. It's not overline. It's not of a bar to leverage isn't there. People are saying credit card balances are up. They're still below the way they were in 19 and we thought credit was pretty good then. So I think this is the tension it's going to go on, but the good news is in the best economy in the world in America. You're seeing the consumers do what they do best, which is go out and travel and do things. And that's good. But all those great things you are just describing. I was going, yeah, preach, preach. Aren't those all good things, but you were using it to say that the fed has more work to do. That's so that's so that's not the way to run an economy. So all those things bother the fed, saving rates up. Oh no. Their credit limits aren't oh no. I think the best thing about the U.S. economy is also one of the toughest things for the fed to get control as a consumer driven economy with employment levels we had Joe is a good thing and that's spending and that wage growth. Now, they've got to bring it back into equilibrium.
Bloomberg Radio New York
"moynihan" Discussed on Bloomberg Radio New York
"Still to come this hour, my conversation with Bank of America CEO Brian moynihan after the bank reported third quarter results that beat expectations. I get his thoughts on the strength of the consumer and the economy. Plus, his outlook for long-term growth and whether he expects changes in headcount, going forward. But first, here in the northern hemisphere, we are headed back into another winter and we'll have to deal with COVID again as much as we had hoped otherwise, and also of course the flu season to bring us up to speed on whether we are prepared and what we need to do, I talked to the Surgeon General of the United States, doctor Vivek, Murthy. As we look forward to the winner, what we have to look at is where we've been the last couple of years with COVID, which is that each year we have seen an increase in COVID cases in winter time. And we should be prepared for that happening this winter as well. Typically the winner we also see flu cases rise, and in some parts of the country, we're already starting to see that increase in flu cases. This is why it's so important that everyone take the precautions that they can to protect themselves against the worse outcomes of both COVID and flu. And in this case, that's getting vaccinated for both. The good news is we have updated COVID vaccines that people can take now that are targeted in particular for the BA 5 variant of COVID. That's the dominant strain right now circulating the U.S. and if you're at least two months out from your last shot, you're eligible to take those as long as you're 5 years of age and up. So I would encourage folks to do that. And to also you get through your flu shot, you can get them both at the same time. That's in fact what I did. And that'll give you your best protection against hospitalization and death from this virus during this winter. Doctor, do you have up to date numbers on the extent to which people are getting that is the bivalent version, right? That address BA 5, that newest version of the booster. What kind of take up are you getting on that? Well, we've actually been seeing the uptake increase in millions of people have already gotten the vaccine. We anticipate more will. Especially over the next few weeks, as winter gets closer, we want everyone to get vaccinated as quickly as they can, especially because we can predict with great precision the exact day that somebody may get ill. The best thing that we can do is to prepare because there's still virus circulating. And I will say this also that we've learned a lot in the last couple of years about COVID-19 and come a long way. We've actually been able to save hundreds of thousands of lives because people have gotten vaccinated and they've got protection on board. But even though we made tremendous progress and we've been able to get back so much of our lives, it's important that we maintain this protection that many of us have. And that's where the vaccines come in. What we've seen, especially in folks who are older, David, is that if you are vaccinated, you're the chances of actually ending up in the hospital or dying from COVID-19 are dramatically lower. And finally, just keep this in mind too. Even if you do get vaccinated whether you are not, there are treatments available for COVID-19 that we want people to know about. And if you are in a high risk group, if you're older or if you've got multiple medical conditions that put you at higher risk, I know that there's our medications available like paxil, which you can reach for and which also dramatically reduce the chances that you will end up in the hospital or get sick if you have an infection. Doctor Morsi, let's turn to something that is, to some extent, a separate issue, and I know our priorities, but also is linked, I believe, to some extent. And then it's our mental health. I know that's something you've really wanted to make a priority of yours, and there are reports now that the mental health in general across the country is suffering a bit in part because of the pandemic. Where are we on mental health in this country? Well, I'm glad that you asked David because a lot of people are really struggling right now when it comes to their mental health and well-being. COVID certainly has been a factor there. It's taken a toll. We've seen rates of anxiety and depression increase across the population, particularly among young people, but the truth is even before the pandemic, we were struggling as a country, especially with kids. Keep this number in mind. We had a 57% increase in the suicide rate among young people in the decade prior to the pandemic. And this is one of the reasons why I've made mental health and well-being. My priority is Surgeon General because this is really the foundation of society. Our mental health impacts how we show up in the workplace, how we show up at school, how we show up for our families and our communities. And that's one of the reasons why I released a framework on workplace mental health and well-being. It's the first time this has ever been released from the office of the Surgeon General, but I did so because we've realized that workplaces actually have a powerful impact on mental health and we are now seeing that 81% of workers are saying that they want to work in a place that supports a mental health and well-being. When you actually make that investment in mental health and we lay out 5 key essentials through which you can do so by investing in a protecting workers from harm and building social connection and commuting the workplace, helping support work life
Bloomberg Radio New York
"moynihan" Discussed on Bloomberg Radio New York
"And back to you All right great stuff Great stuff Brian moynihan CEO of Bank of America I'm going to throw in Bank of America Merrill Lynch just because I'm a Merrill Lynch alum Lisa brahmins and Tom Keene there My takeaway there Matt from mister moynihan is the consumers and good shape Yeah that I think is the most important thing we heard from him He told Tom and Lisa those stemis that Americans got back at the beginning of the pandemic You know the narrative is that Americans immediately either invested those in GameStop or crypto or kind of slowly lost or spent that money And of course if we look at savings rates we're back down to below pre-pandemic levels We're back down to below historical averages but moynihan says Americans have not spent those stemis They've still the consumer is still doing quite well And he has the credit card data to back it which is why he's just an important person to listen to I will also point out that he has done very well leading Bank of America right If I put bank America up since he started in 2014 I'm using the comp screen to do this which is a great screen I put up BAC against Wells Fargo JPMorgan Goldman Sachs city He's outperformed almost every single one of them since he took over the annual return of about 12% Only beaten slightly by Jamie Dimon at JPMorgan with an annual turn of 13% Good stuff All right right now let's get a quick business flash with Greg Jared get a reset here Great Yeah I was just thinking about a cocktail named stemi I'll take a double stemi straight.
Bloomberg Radio New York
"moynihan" Discussed on Bloomberg Radio New York
"This is a Bloomberg money minute We're facing the worst inflation we've seen in some 40 years and while companies such as Coca-Cola and Procter & Gamble worry will reach a point where we turn away from Coke tide and other products because they cost too much It hasn't happened yet Bank of America CEO Brian moynihan says people may be worried about inflation but on a given day they're spending money and engaging in economy Part of the reason may be found in bank balances And consumer with one to $2000 before the pandemic average in their account now has $7000 A lot of people were able to bank government aid money and then there were pay raises moynihan says that's part of why people haven't stopped spending With more wages people can pay the prices and do their things But a Census Bureau survey finds millions more Americans borrowing money from family and friends than a year ago Moynihan says spending from Bank of America accounts and cards is up 18% over last April He says that squares with pent up demand What they're spending on travel entertainment restaurants They're moving around again Joan doniger Bloomberg radio Wake up and text text and eat Text and catch the bus Text and miss your stop Text and be late to work Sorry Text and work Text and pretend to work Text and act surprised when someone calls you out for not working Who me Text and meet up with a friend you haven't seen in forever Hi Oh hey Text and complain that they're on their phone the whole time Text and listen to them complain that you're on your phone the whole time Ugh Text in whatever But when you get.
Bloomberg Radio New York
"moynihan" Discussed on Bloomberg Radio New York
"That beat analyst expectations pretty much across the board helped in part by higher net interest income Bank of America chairman and CEO Brian moynihan joined me for an extended conversation on the state of consumer spending amid rising inflation His outlook for the economy and the banks recent loan growth But first I got his reaction to earnings So we announced our earnings $32 billion in record earnings in 2000 21 for the company the team did a great job delivering for their clients and shareholders and communities and each other last year So I want to thank them publicly But in terms of loan growth we had $50 billion of loan growth in the quarter In a year in the quarter about 15 billion of that or so was in the markets business which can ebb and flow depend on scar conversations and things like that But 35 was core in the wealth management business and the commercial banking business the consumer businesses And so that we see you should expect us to grow faster in the economy It probably upper single digits this year And what's good about that is two things One is there's tremendous capacity to borrow still in our customers whether it's credit cards still 20 billion off the peak or whether it's line usage by our commercial clients It was a 35 went to 25 now back up to 30 round numbers to give you a sense So that means clients have an ability to borrow to keep the economy going And then secondly if the good of Bank of America's shareholders loan growth actually is the way we extract the value of this huge deposit franchise and that's good for their earnings So Brian I've talked to some people in the industry maybe not who run banks but some people are interested who say they think the opportunity in future loan growth may well be in the middle market So the smaller and mid sized businesses the big companies that borrow what they need to borrow and consumers right now don't need it Does that sound right to you Well David yeah our level commercial banking business run by one you Stewart And then we have two businesses which go to quote the middle market It fell in Raoul and I runs business banking which is up to 50 million in revenue and Wendy runs up to two and a half billion Those businesses Wendy's team I think at 8% loan growth for the quarter Those are major corporate middle market America And so there's two aspects that we're seeing more demand for loans there We're doing more clients We're actually deployed hundreds of relationship managers over the last few years investing in the future and they're now having success But importantly the second part of that is people use those lines That means economic activity is going forward So they are the window into America's economic soul and in terms of mid sized companies and small businesses By the way in the all important small business segment with Sharon Miller runs for us we actually have seen a 125 a 150% of monthly production quarterly production compared to where it was before the pandemic So not only have we gotten it all the way back we're actually growing and creating more loans per quarter which again is good for the economy and that shows you the economic activity continues to pick up Brian one of the drivers for your earnings he announced this week actually we're investment banking fees up something like 26% Investment banking mergers acquisitions has been very very hot in recent months Do you see it continuing in 2022 or do you see a trailing off Matthew coders who runs our large corporate investment banking business for not only loans and the cash management fees and everything had a great year in investment banking all four cores above 2 billion record numbers for us The pipeline is still full And some of that was always market dependent It was deals equity offerings and stuff where they get pulled or not if the market's bouncing around But the pipeline is more than full and they had a great quarter a great year and the team has continued to drive good market share gains year over year And we couldn't be prouder of them But the rowdy is that revenue can come and go based on market activity The good news we get a lot from financing activity which tends to be steadier but the advisory business which is strong right now will really be dependent upon companies make a decisions to buy and sell and things like that which right now is full in a pipeline and hopefully it continues Brian you know better than anyone It's not just the top line It's also the bottom line You've got a lot of credit for controlling expenses in the earnings view announced On the other hand there's a lot of competition for talent when it comes to banking right now You said that you will step up to the plate You won't lose people you need to lose Can you manage expenses effectively and still pay the top dollar that's really coming in for bankers now Yeah I think if you think about the broad expense base the team has done a great job over the last 12 years They've been together doing it to bring the expenses in the company down in line to get the efficiency down And then if then frankly the expenses rose during COVID for a whole host of reasons including the success of the more market related business revenue whether it's a financial adviser to.
The Larry Elder Show
Joe Biden Sang a Different Tune on Filibuster in 2005
"Flashback, Joe Biden, 2005. Defending the filibuster that Biden and 2022 claims is preventing them from saving our he calls it democracy, but he means republic. 2005, senator Joe Biden. Is what really is going on here? The majority doesn't want to hear what others have to say. Even if the truth, senator moynihan, my good friend, who I served with for years said, you're in totally your own opinion, but not your own facts. The nuclear option abandons America's sense of fair play. It's the one thing this country stands for, not filming the player and feel inside on the side of those who control and own the field.
The Larry Elder Show
This Is the Biggest Social Problem Facing America
"I've said a million times back in 1965 there was a booklet called the Negro family a case for national action, written by a man named Daniel Patrick moynihan, a Democrat. Later on became a Democrat senator from New York. And he said, 25% of black kids at that time entered the world without a father married to the mother. He attributed that to slavery and Jim Crow. Either way, though, he said it's bad. And we need to do something about it because it's going to have a relationship with crime and with inability to finish school and so forth. Well, now that number is 70%. It's now 25% of white kids enter the world without a father married to the mother. It is far and away the biggest social problem facing this country.
Bloomberg Radio New York
"moynihan" Discussed on Bloomberg Radio New York
"To get through vaccinate And if you look at the overall vaccination rate now relative to where we were in delta it's a very different story When it comes to fixed income Brian moynihan we played some of his tape this morning Again I think he's just sort of stating the obvious is that we should we've got a taper some would say already priced into the spread differential perhaps between bonds here and the states But do you think it has any risk the same question Yes indeed think that our rates are differentiated enough relative to treasuries in preparedness for a faster taper and maybe even two to three rate hikes next year Here's what I think if we look at the region here it's not only treasuries that drive the sprites and rights It's also oil prices because of the patriarchal economy So we have to look at two sides to this On the right side we are sitting on the fence of higher rates in 2022 We've been sitting there this year as well And it's been quite a rough road with rights going up and down So I think it's difficult to keep on switching or portfolios over this period in time If we look at if you stick with that coronavirus okay we had a 100% this year but 2022 were slightly more assured these hikes will come They're going to come They're going to come in 20 How many do you reckon I think three Okay super price up for me on three roadhouse because I would say to you that to your paper It's training at the highest level since pre COVID I don't get the sense these bond markets are pricing in three rate hikes In terms of the spreads And so I would agree with you a 100% A 100%.
Podcast RadioViajera
"moynihan" Discussed on Podcast RadioViajera
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Podcast RadioViajera
"moynihan" Discussed on Podcast RadioViajera
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Podcast RadioViajera
"moynihan" Discussed on Podcast RadioViajera
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Podcast RadioViajera
"moynihan" Discussed on Podcast RadioViajera
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Real Time with Bill Maher
"moynihan" Discussed on Real Time with Bill Maher
"Things. What what to say warne said or what he did smoke. I mean he'd only game. I mean the creek the kind of toxic atmosphere and climate. I am so glad that he decided to resign. Well i'm so glad mine decided. He didn't james outcry probably not. I don't think he would have survived if you look what happened. Al franken people in his own party of women came forward was degan was playing donald. Trump. i'm this is not happening. Did was not as bad as trump. Let's not put them in that good but it's still gross and he should go. we did. I asked the staff to come up with a list of people in both parties. Who had sex scandals since nineteen sixty. I crossed off all the ones that i didn't remember. I didn't the name didn't ring a bell. But i'd like to scroll through and show you here. They are both sex both parties democrats and republicans. It's quite a few men and of course the winner by six republican but still a lot. That's ninety six people and that's just the ones who got caught. I'm sure there were others slightly low to me discuss. No let's power is how we got to change the culture toxic and it has kept women behind. Okay so you said you were just sixty. Maybe sixty one to be honest. You could take a year-old. I'm telling you could take twenty years the year we all did that pandemic so to meet myself for the first time..
Real Time with Bill Maher
"moynihan" Discussed on Real Time with Bill Maher
"Okay. Well i do whistle. I save my drunk. The people i really care about you and it's so depressing. I'm glad we're laughing. Because the world's dying the the client. Linda means senior. Climate scientists of the research is just guaranteed that it's going to get worse. She said i don't see any area. That is safe. Nowhere to run nowhere to hide. Have a good summer But this latest report this is what depresses me thirty. Four scientists. fourteen thousand studies. I feel like deja vu. I feel like. I've read this story a billion times just on this show and we don't do it right now it's too late and we never do and it is getting too late. I don't i'm not doubting that it is going to happen i. It is definitely happening. If i'm just saying no one cares. No one cares enough. We just as a society made it as a world made a decision to like tumbling louise hold hands and drive over the grand canyon. I think has the opposite effect to. I mean i'm ben. I spent five years. Unfortunately it out with people who are mostly trump voters in when you talk about climate change. It's usually this comes up the way they've been saying this for so long. It's going to be a disaster and what has happened. And sometimes people point back to the nineteen seventies centers can be global cooling etc. Those are the ones that have a few more data points but it does have an effect because people can't much like spending can't get a sense of that period of time and what could happen so they say this is just the same old stuff we hear. So there's more government control more government. Spending the earth is constantly telling us the wake up right. I mean i saw in katrina katrina just literally wiped my home city of new orleans off the map. Thank god we had a few levees held up some of the neighborhoods. The truth is bill is that this has been happening for a long time and we keep ignore the signs and i'm afraid that we are running out of time on fell gore. Full story. he wrote the inconvenient truth. Yeah and he was right then. I just look at al gore and think he was absolutely nuts. We went to harlem once bill. You would love this. And i said talk about education. You had black people talk about civil rights. You were black people. He walked into the room. Drew a map on the wall. I saw matt..
CATS Roundtable
"moynihan" Discussed on CATS Roundtable
"The risks of investing in china and you know millions and millions of dollars of pension funds from americans are invested in people's liberation our military companies. And why is it. The chinese firms are exempt from audits in the new york stock exchange. This was a law passed under obama biden in two thousand thirteen. But why american companies as you knew subject to audits european companies are. Why do they get this. Exemption is frightening and the fact you know your. Your dad was a democratic and right now. Those those words have changed of. Somebody's people are going to change. America liberals ivory william regret serves. Because they want to tear down america you think the being funded by any particular group. Oh there's no doubt about it that the chinese communist party is has been funding antifa for very long time. Last year they gave antifa one hundred million dollars To as you said destroy statues to burn courthouses to desecrate churches. And i've still yet to see one story about this in the new york times and the chinese communist party two years ago walked away from a trade deal with the trump administration and lighthouse enviro and declared a people's war on the united states. Most americans are not aware of this. But they're used the doctrine of unrestricted warfare which means information warfare of spreading a bio weapon locking down societies which they pushed through the world health organization and into the failure of media. Report on this puts the american people that are great disadvantage and they also through a lot of front companies. The chinese progressive association based in one in chapter in boston. The other in san francisco has given millions and millions of dollars to candidates. So yes. it's a very serious issue and it doesn't get as much coverage as it should be hand. Please stay on top of this and come back in subsequent weeks to report on it and like murder people not truth. Wabc radio stands for the truth. Thank you john. I really appreciate what you're doing. It's very important thank you..
CATS Roundtable
"moynihan" Discussed on CATS Roundtable
"Good morning america. This is the cash. Roundtable trump castle. makishi is. Send me morning when you all worry about america. And what's going on and the reasons it's gone with us this morning were born hand She is the daughter of former. Senator patrick morning and she has certain concerns and she wants of voice of the morning wore how us morning wonderful. Thank you for having me john You were telling me before that you have concerns about a program that's been around since nineteen fifty nine and all of a sudden the white house cancer. You told america back in nineteen fifty nine. President eisenhower created captive nations week to honor victims of communism. And every year until this this this week the white house has always issued a proclamation recognizing and acknowledging the millions of victims of communist regimes and for the first time in history. The biden white house is not going to do that. Why or many people are asking this question in with some trepidation because the threat of communism is as dangerous. Now as it was in the cold war with the rise of a bellicose communist china and it The white house said they're going to change the name. It will no longer be captive nations week. They're playing around with the language and of course a great many chinese tibetan leaguer vietnamese cambodian exiles and dissidents are very concerned about this. And they're asking. Why would the white house do this. Unless they were trying to pay back china or do a favor for communist china and this certainly does not benefit the people of china who are first and foremost the victims of the one-party totalitarian dictatorship that is the people's republic of china understood as the white house said at all. Why would the reasoning is. It's a program that's been ineffectual. Sixty years now. That's correct No they haven't given a explanation as to why there's sudden change in acknowledging of the threat. The egregious human rights abuses committed by communist regimes. There are millions of men women and children in concentration camps in western china. Mostly tibet and xinjiang as we speak tortured and enslaved with methods of cruelty. That would make stalin or hitler proud and this action by the white house for diminishes their suffering and and what what the human rights atrocity being committed in the twenty century. This is what i don't..
Bloomberg Daybreak Asia
Bank of America Struggles With Tepid Loan Income as Consumers Shun Debt
"As because consumers had plenty of cash from government stimulus programs and avoided taking on new loans, loans and leases in the consumer banking unit fell 12% from last year. Even so, CEO Brian Moynihan told us that he sees organic growth re emerging. While vaccination campaigns are making some progress, the challenges we've been fighting a war on the virus and society, we've we we are winning, but it ebbs and flows and if we can keep the virus under control, I think you're hearing it never raised commentary were set up for a strong growth rate. This year in the aggregate and strong next couple quarters. Economies as big the Fed is in the U. S is very accommodating as central banks around the world and the next year's particularly grow more. Bank of America's trading revenue fell 14% last quarter and in terms of the performance in the markets today B of a was down 2.5%. All right, when we got this slew of economic data from China with GDP, headlining it, and we're likely to see the growth
Alison Rosen Is Your New Best Friend
"moynihan" Discussed on Alison Rosen Is Your New Best Friend
"And i'm like oh because that makes sense like those are both insanely early times to be four or five. Yes very much so and then what. Snl just i mean like i was a bartender for many years and like did comedy and then snl like. I've always had weird sleep patterns root for ten years. I slept for like four hours a night and then from sunday to monday. Like if for twenty hours straight i always had we're sleep patterns but now i've just kind of had somewhat of a routine for log enough that like. Yeah just get real tired. I just kind of sleep. When i feel like it's time that that's that south love or self care yet. Is it even possible to have a child. Be doing snl. I know it's possible. But oh yeah i remember bill. I think bill yeah bill hader kid while while he was honest now yeah and yet. It's hard you know. It's i i would want to looking back now. I don't know. I think obviously i would have been able to do it. You make it through everything but it would have been extremely hard i kind. There's part of me that wishes. I had The the just the implantation that a having a child gives you that you are not the most important thing in the world. I wish i had that before s. a. But but not the but i would have just i would have died from never sleeping right. Yeah did 'cause. I remember like the just the insane hours the stay up writing all night. Tuesday did that get more and more difficult as you got older. Well i mean sure Yeah but but it also lessened in a way in the sense of like towards year. Eight nine like. I didn't go to every after party and sometimes i was home at one fifteen you know. The show ended in four minutes later. I was walking through times where people were like. What just happen. Like i kind of made it easier myself but yeah i got old and tired. I was older thirty four. When i know thirty one when i got it. Thirty thirty one. So house almost forty when i laughed or forty. Was the plan math anymore. There's no need what refuse was the plan..
Alison Rosen Is Your New Best Friend
"moynihan" Discussed on Alison Rosen Is Your New Best Friend
"The world of childish. I just wanna make sure that your listeners know bed year just is wonderful. On the on the podcast. What if they don't have kids donate donate a lot of our listeners. Actually tell us they don't have kids. We talk about sex. We talk about all sorts of dirty stuff but also parenting. Yeah so the checkout childish new episodes every wednesday wherever you listen to podcasts spray. Say hey everyone hi hello. Welcome to another episode of alison. Rosen is your new best friend. I'm very excited to have my guest on today. It is actor. Comedian writer. Bobby moynihan. He was on. Snl four. if. I did my math correctly. Nine seasons he does voices on tons of animated stuff. He appears on tv. He's in movies and right. Now he is playing. Jaden on the nbc. Comedy mr mayor and he's also in something called a lo fi which i need to find out more about hello and welcome back to the show. Hey how are you good zero to see you too. You were last in two thousand thirteen and yeah. I know it's i didn't realize it was not long ago either and you're talking about the fact that you had turned you are now thirty six and you felt like it might be time to grow up and that you did want kids some day but at that point you said. Snl was like your kid. Oh yeah i know look at you like now you you know don't actual children an actual child or an actual child. Yes named her well that that makes sense. Then there's continuity in your own life You've you've moved cross country not doing. Snl anymore doing other stuff. You are married. You have a child filming filming. I wanna hear everything. Bobby that that's pretty much it other than that. We have the house in the year. Yeah yeah no that honestly. That's it ever since us. An al got married. Had a baby been living life doing a lot of cartoons moved out to la. It's it's nice out here. We bought a house note here and all is well. How are you. I'm good since i last talked to you. I've talked to to your wife. Brennan a little bit over the for people who don't know your wife is a very lovely and super talented broadway star and all.
CATS Roundtable
"moynihan" Discussed on CATS Roundtable
"What can help you take advantage of. Today's low mortgage rates and save money rocket. Can you could save hundreds of dollars every month by refinancing with rocket mortgage at today's near historic low rates. If your current rate is over four percent you could lower your payment by over one hundred and fifty dollars a month saving thousands in interest every year. Call us today at eight. Three eight rocket or go to rocketmortgage dot com savings on number three thousand morning new york. This is the catch table. Catch him keys his sunday morning. What's going on in new york. Well we got a new train station. We have the lien train station and with us. This morning is mora morning. Then she is the daughter of a great senator. Daniel patrick moynihan good morning more. How are you this morning. And it's so to hear your voice and a happy new year to you and your family. Thank you so much and congratulations. We finally finished the the money. Hand train station. The anthony Grand opening more rise and I was In a state of disbelief. Because i pushed this project for so many years. It's been over thirty years. Since senator moynihan i proposed it and there was a lot of off and start and Now the city needs it so very badly and the farley building is such a beautiful space. That was just lay fallow for so many years. And i i wanna handed to skidmore owings and merrill and Skanska and the team at the empire state development corporation for delivering to the city such a beautiful glorious new public space. Are you proud of it. You feel good about the. Has your dad's name on it. Oh well of course you know. He didn't want his name on it he he said when he was alive. Oh i think we should keep all jim. Farley's because it was named. For postmaster general farley who served in the roosevelt administration and it will still always be made the partly post office but the conversion is moynihan train hall. There's this name and It just it was a product was very near and dear to his heart because in the great depression he and his younger brother. Michael used to shine shoes and some newspapers in the open station and data. We said penn station was the greatest thing in our city and everybody knew it and summoned at go. Knock it down. It was the greatest act of vandalism and the history of new york. Wouldn't you agree absolutely correct but tell us. A lot of people haven't been there yet. Tell us what looks different. Is you know what made yourself so proud to look at it. You know we can never replace the the beauty in the grand or of the old penn station. It would be impossible to do that. And so it's a smaller space than the original penn station but it was made by mcken in white. The great architectural firm that built the original penn station based on the baz of kurokawa and ancient rome and a lot of people don't know penn station was only operative for fifty three four years before they tore it down. It is shocking. And it's terrible loss. So the first thing i feel when i walk into moynahan train hall as it's called it's a sense of redemption for the crime of the destruction field penn station. And when i see that name i know it would mean so much to him because i don't think anyone love new york quite like he did and devoted his life to the betterment of the people of new york and when he served in the senate for twenty four years he never wanted to run for president despite numerous efforts to make him run because he's felt being senator from was the best job in the world. So you know people now have a chance to of him remember him. I'm going to work on a history project connected to the station. So people can remember senator moynihan because a lot of young people did not Live we're not alive when he was senator and he thinks she's the forgotten somewhat that makes me sad so this is a way to remember him remember him always I mean I remember the day when president clinton was inaugurated in. I was in your dad's -partment and on on the balcony and mets were father. Alison watch the parade. Remember that day very well we. We always used to give a inauguration day for viewing parade party from dad's home But i think that The state also back to just what this means for new york city Everybody knows that penn station. This is a catastrophe. It's it's it's just sheer luck that there haven't more accidents. There is a public safety hazards. It's frightening traumatizing to go in. And out of it and i felt so sorry for all the people had to commute through it and it is the most heavily trafficked transportation hub in all of north america gets over eight hundred thousand people moving through it every twenty four hours that's more than jfk laguardia and newark airports combined. And it's just as pit under a basketball court so this this is also been rectified. This crime of diminishing our public space diminishing train travel and public transportation and so forth and so the the money train hall is going to be much safer. It's going to be a pleasure to come in and out of new york as a professor vin scully. Famously said in the old days you entered new york like a roman emperor now you scuttled in like a rat in reference to the penn state. And now you're going to be able to glide in like an emperor again it's wonderful to finish. Oh a great many things you know. Full well john from your many years of service and public service just you know how hard it is to to build things anymore. and and There was a a lack of interest Some the the frankly the bloomberg administration was not interested and then there was chaos in albany for a long time and Then it got back on track in the paterson administration takes to dick ravitch. Who was lieutenant governor. And it was the cuomo administration that brought it over the finish line. And i also want to give a great deal of credit to senator chuck schumer for saving the federal funds. I went down to wash it too many times and asked the new york senators and and all the other senators movie if structure committee To not not let the funds dad works so hard to raise disappear because as you know what they say about federal funds use them or leaving heard that very often when morning. He and congratulations again as a pleasure talking to you and i look forward to stop him by Station in senior dad's name on it and and seeing how beautiful it is soon. We'll be able to say. Let's meet for a drink moynahan. 'cause none of the last time anyone let's meet drinking penn station have never never a long time. Well thank you so much from you. We'll talk to you again wilson. Oh it's my pleasure. John thank you so much..
AP News Radio
New York gets new train hub, in transformed postal building
"The first trains rolled out of a new train hub in New York City the Moynihan train hall replaces the cramped and dingy Penn station across the street writer Anton Titov says this new station is a big improvement this reminds me off more that they're saying Paris because that's a former train station with a lot of light coming from the roof the station is illuminated by a ninety two foot high skylight featuring more than an acre of glass can't Lafferty is impressed it's already open they had it finished so quickly and it looks so beautiful in the midst of a pandemic the station opened on time Tim duvall says this is a good sign for the future a really good opportunity for us to see how New York can be revived the station is named after the late senator Daniel Patrick Moynihan I'm a Donahue
Wait, Wait Don't Tell Me!
New York's New Moynihan Train Hall Is Set To Open January 1st
"Hall is set to open January 1st in a press release, Governor Cuomo's office says the $1.6 billion project transforms the century old James a Farley Post office building into a modern transit hub and says the new quarter million square foot space space will will increase increase Penn Penn Station Station size size by by 50%. 50%. After After the the original original print print plan plan was was criticized criticized as as a a taxpayer taxpayer funded funded mall mall that that did did little little to to address address train train service. service. Governor Cuomo proposed adding eight new tracks to increase capacity of Penn Station Ah, plan that require acquisition of an entire blocks south of the the midtown midtown midtown transit transit transit hub. hub. hub. Construction Construction Construction on on on the the the train train train hall hall hall began began began in in in 2017, 2017, 2017, and and and it's it's it's named named named for for for the the the late late late New New New York York York Senator Senator Senator Daniel Daniel Daniel Daniel Daniel Daniel Patrick Patrick Patrick Mon Mon Mon him him him who who who advocated advocated advocated for for for the the the project project project for for for many many many years. years. years.
Squawk Pod
US House Democrats Crafting New $2.2 Trillion COVID-19 Relief Package
"House. Democrats are preparing smaller corona virus for the leaf package. All right. So it's a trillion dollars less than their last proposal, but a trillion dollars more than what Republicans are ready to do. So they split. That More, but roughly, so they split the difference source tells us that the two point four trillion dollar package would include enhanced unemployment insurance stimulus checks, small business loans, and aid to airlines, and it says here you can talk to the right or the price tag is still about a trillion dollars more than the Republicans latest offer. But. But thought the skinny deal was something like seven or eight, hundred, billion dollars trillion dollars. Rounding now I think and I. Know They are in Congress Lana rounding lot around rounding going on. In fact, they probably call this isn't there I mean if you're. Just, a couple of hundred billion. So why not round that around? That's right well like we really have to pay. Right it the idea that it looks like they're getting closer together but not really I, mean, they're still talking about a massive difference between the two sides and I don't think there's much chance Manuchehr yesterday they're ready to restart talks but didn't give a timetable for any of that and I don't see how this happens before the election I just don't. Probably not and. I think both it's weird because I think. I mean you saw Goldman Sachs yesterday for for GDP for not the third quarter but for the fourth quarter from six to three. Based on. You know not having prospects for more stimulus so I can tell you that. The election will be over but I think the administration would like six percent a lot more to be able to brag about that although we're going to get that flash number for third quarter which should be. Twenty plus. like two weeks before a week and a half before the election. So you're going to hear how great debt is biggest-ever I guess twenty, three, twenty, four percents we heard from Brian Moynihan yesterday who said that you should have additional aid, but it should be targeted the Democrats in this latest thing that they've put forth still have payments going directly to people you know payments across the board president trump has mentioned that be something he'd be interested in but I think it. Makes a lot of sense and and this is something you would probably hear from most of the Republicans with the smaller in the Senate with the smaller package that they've signed off on the idea of sending a blank check to ever sending a check to everybody regardless of whether or not you've been impacted on this. We'll probably pass the time of needing to do something like that. You need to get it to the businesses into the people who are suffering the most right now. Yes greed agreed.
Stand-Up w/ Chris Distefano
Bobby Moynihan plays a drug dealing manatee in new Comedy Central show
"Everybody. This is Bobby Moynihan and I'm here to tell you about my new show Lafi on comedy central digital. It's an improvised animated series about a weed dealing Mandy named Lafi, who has to Juggle being a single dad and the number one we'd dealer in New York City all from his tank of the Central Park. Zoo not to be confused with the much cleaner Central Park Zoo and you can expect things. Like a group of zoo animals playing DND Atar, you're trading sexual favors for a harp, a weed smoking hypnotist, a Cammo who thinks he's Markham oh inter species, relationships, outer species, relationships, Inter species, feuds, and much much more with characters voiced and improvised Ron funches Cecil strong Eugene Cordero Gina Gershon. Jason News Kevin Smith Jay Pharaoh Nina West, and Taryn kill him. It's Lo fi on comedy central's youtube and facebook pages out tomorrow.
Mark Levin
Dow lower, amid rising Middle East tensions
"Investors will spend the weekend with a nervous eye on the Middle East fears of escalating tensions sent stocks sharply lower today the Dow Jones industrial average plunged two hundred thirty for the S. and P. five hundred dropped twenty three the nasdaq composite tumbled seventy one thank of America added jobs in twenty nineteen for the first time in a decade CEO Brian Moynihan says thirty six hundred additions included thousands from low and moderate income areas it also reached a goal of hiring ten thousand veterans over five
Houston's Morning News
Brian Moynihan, Bank Of America And CEO discussed on Houston's Morning News
"Bank of America's net interest income fell short of analysts' expectations that's revenue from customers loan payments minus what the bank pays depositors however CEO Brian Moynihan said the economy appears to be
Bloomberg Daybreak: Europe
U.S. Stocks, Bond Yields Drop Amid Trade Tensions
"Let's get a look at the daybreak newsletter. Maybe for a little bit more guidance on what you should. Would be watching today. The daybreak newsletter is out on customer terminals. You can get it typing. D. A Y, B go, and we go to the editor, Brian Fowler comes to us live from Tokyo. So let's start Brian with talking about treasuries. You know, it's really been the main story in markets lately. You know, the main pure market story, as we're starting to hear how trade tension escalation is weighing on yield. We see a little bit of a turnaround today. Yeah. Well mad. I think we saw a little bit of a respite but there's a lot of general angst and it really does start with with trade tensions between the US and China. We have footsie Russell's Alec young thing that he fees at this point that the likelihood is greater of things escalating before we get any kind of near term fix, and we have strategists from various places. Talk, Jen is saying that protracted negotiations would mean two percent ten year yields would be within the realm of possibility Columbia, Threadneedle strategist. Agrees to percent is viable, especially if, if we can date a spur, even more speculation of fed rate cuts, and just to punctuate all this. We had our daily dose of invective from Beijing where an official said deliberately provoking trade dispute is economic terrorism economic terrorism as well. You know what it sounds harsh, but I can understand the sentiment whether you agree with it or not. It's, it's an understandable sentiment. We've heard from a lot of important voices in the last twenty four hours, I was talking about dally L. We've also heard from pimco from Morgan Stanley from Laszlo Bahraini. We're going to get that Morgan Stanley interview out for listeners and just few minutes. It's an exclusive but what's the general gist? Yeah. Well, there's I mean, there's a diversity of views in the first place. So, for example, pimco came out saying. That credit market risk is at an all time, high from their chief investment officer of US core strategy and time. How time high and he says it's reminiscent of before the crisis. But, but even worse than that. And he says, it's due to everything from size and duration to quality and lack of quitting thinks that underwriting standards have have fallen apart, and we've got real trouble. But, you know, we're going to get to the Morgan Stanley Feo interview James Gorman, and he actually takes a different view. He says he doesn't see the credit markets risk is being that bad. He says, I know systemic risks systemic dangerous and this doesn't seem to be it in his view. All right. But of course he has to talk to some extent, he has to talk his own book, right where whereas pimco needs to make the right calls, CitiGroup joins P Morgan. On flagging downturn in trading revenue, speaking of their books, their literal books. What's the story for Wall Street banks so Bank of America. Well, I the latest is actually Bank of America. Ceo Brian Moynihan warning that that trading revenue in the second quarter is on pace to fall about eight percent from the first quarter that drop is actually a little bit smaller than the usual seasonal decline. You might expect but he he's quick to point out that that's not because things are good. It's really because the first quarter itself is also pretty weak revenue contract to fall about ten percent on year. And yes, we had similar kinds of numbers from both city and J P Morgan. I will say fifty city THEO, Michael Corbett fed that amid all the, the bad news. They do expect to pick up some market share at city. So there are some opportunities amid all that all the in the rubble of the trading. Brian great to get some. Some time with
Sean Hannity
Jacksonville shooting victims identified as former high school football player
"One of two people who were killed in a mass shooting at a video game tournament in Jacksonville Florida was twenty two year old Elijah Clayton of Woodland, Hills he, was a, former football player at Calabasas high school and. Chaminade high school in west hills the sheriff of Jacksonville Mike. Williams says the gunman targeted his victims specifically inside the g. l. h. f. game. Bar the suspect loss of water excuse me past patrons who were in. Other parts of the business and focused his attention only gamers now there's no known motive for the shooting but the reports that the gunman twenty, four year old David Katz of Baltimore had recently lost a one of his victims cats then committed
Sean Hannity
White House orders greater access to files on FBI informant: New York Times
"In in the drought a former suny polly founder and president of len caldera's federal jury in manhattan convicting on all counts bidrigging euros received the verdict at four thirty five this afternoon in the courtroom on the twenty sixth floor of the daniel p moynihan us courthouse the jurors convicted caldera's of rigging the bids on state contracts in governor cuomo's buffalo billion initiative that was intended to revive the economies of western and central new york jury green with prosecutors that call gyros and three codefendants rig the bids of state contracts worth more than eight hundred fifty million dollars to favor developers in buffalo and syracuse getting word or reported abduction in north greenbush last night was made up in the twelve year old girl has recanted her statement reports last night of a suspicious man in a vehicle in the snyder's lake area twelve year old said she was walking in the lake meadows neighborhood about eight forty five said she was approached by a man in a grey car with a beat up paint job said the man attempted to learn at the car but she ran away again north greenbush police issuing a statement after four o'clock saying the girl has said she made up the story and she's recanted the story attacks against fbi agent peter struck get personal on capitol hill fox's john decker has more from the white house texas republican congressman louie gohmert questioned the credibility of fbi agent peter struck by bringing up the ferry ad with former fbi employees lisa page how many times did you look so innocent into your wife's and lied to her about so mr chairman this outrageous ability his shame that question raised loud protests from democrats struck maintain that he was being truthful with the house oversight committee has said that he never let his personal opinions of the president influences work at the fbi at the white house jon decker fox news.