40 Burst results for "Paul W."
Evangelism on SermonAudio
A highlight from WM 290: Sermon Review: Five Dangers of Calvinism: Part 4
"Greetings and welcome to Word Magazine. This is Jeff Riddle, I'm the pastor of Christ Reformed Baptist Church in Louisa, Virginia. And in this episode of Word Magazine, we're going to be continuing and hopefully completing the series we've been doing recently of reviewing an anti -Calvinistic sermon. Now this sermon is preached by a man named Yankee Arnold. And we have been looking at this sermon that was titled Five Dangers of Calvinism. I've done three previous episodes and hopefully again this is going to be the fourth and last in this series. I was talking to some people at church on Sunday who were following this and including with the man who was really the reason for the series, a fellow who asked me what my reaction was to this video. Someone had shared it with him and I told him that I would try to do a review of it and so I've been doing that and it's been appreciated by him and I'm glad of that and he has given us some good ground for some conversation. In reviewing this video, we've seen that not only is there a question at stake about the sovereignty of God and salvation but also what the perseverance of saints is. If we persevere in the faith, is it our work or is it God's work? And we believe that both salvation and perseverance in the faith is a work of God. One of the other key things we have noted is the importance of the doctrine of regeneration. That when God saves a man, that he transforms him, he changes his heart. Like Lydia in Acts 16, the Lord opened her heart to heed the things that were spoken by Paul and so there's a change of heart, there's a change of nature. It's not complete in this life because we're not yet in the state of glory but there is a work of progressive sanctification and we sort of have uncovered this as we've gone through it. This is another aspect of the Bible's teaching that Pastor Arnold seems to be denying. Well again, I hope that we can listen in and complete this series today. I think there's about 11 or so minutes left and so without any further ado, I'm going to pull this up and let me just say once again, I've just got my Bible in front of me. I've got some notes. I have my second London Baptist confession of faith and also have a copy of a little book that I've written that's available on Amazon on the doctrines of grace, an introduction to the five points of Calvinism and if this is something you weren't previously aware of, a teaching in scripture you weren't aware of, I would commend my book to you. So let's go ahead and again see if we can pull up Pastor Arnold's message here on YouTube, Five Dangers of Calvinism. We're going to pick it up here about the 38 minute, 50 second mark and so let me just say where we are. You might remember if you listened to the last episode, he had been talking about Romans 9 and he had tried to give an alternative explanation to the understanding of the potter and clay image that Paul uses in Romans 9, beginning in verse 21. And he gave, I think, a very fanciful explanation of it. He said, it's not about the potter being sovereign over the clay, but it's really about the sovereignty of the clay. The clay can change itself. The clay can make itself malleable. The clay can allow the potter to work upon it. And I suggested the last time that that interpretation just doesn't work on a plain sense level. Paul was saying that God is like the potter and the potter is sovereign over the clay. The clay doesn't dictate to the potter, but the potter is sovereign and he takes the clay and shapes it and uses it as he wills.
Evangelism on SermonAudio
Fresh update on "paul w." discussed on Evangelism on SermonAudio
"Coming tonight and thank you for being willing to participate in reading those verses at the appropriate time if you just get them ready and if you can quote them that's great how about we pray that's probably the best place to start so let's do that now let's pray Heavenly Father thank you for the rain thank you for the fact that it reminds us of your care for us summer and winter and sea time and harvest and day and night cold and heat all the seasons the weather that you send is an evidence of your gracious provision for the earth and your hand upon us and we just want to acknowledge that and thank you for your goodness and grace thank you for blessing us in many ways thank you for giving us the scriptures and we pray that the word would be instructive to us help us Lord to rightly divide the word of truth to study to show ourselves approved workmen and Lord for the work that needs to be done we pray Lord that you might bless us as we seek to labor for you help us to be good laborers together with God we pray that we'd be equipped to be fruitful and productive in your service pray that tonight would be helpful to that end and that we ask this in Jesus name and for Jesus sake amen okay well for the for some time now we've been considering the evangelistic example of Jesus but tonight I would like to do a bit of a shift and hey Elliot there's a sheet there you grab it if you like but besides the Lord Jesus there in your nose beside the Lord Jesus the next probably the good word to include that the next outstanding example of evangelist in the New Testament is the Apostle Paul evangelism was the heartbeat of his life by the end of his ministry the gospel had launched Gentile churches throughout the Roman Empire and put practically every Gentile convert could trace the gospel message they believe back to the preaching of Paul it's quite incredible to consider the impact and the fruitfulness of the effective in evangelizing the lost well he was a he was obviously a very very gifted man a chosen vessel unto the Lord however there are at least seven explanations for his effectiveness here in the scriptures and so again this is being going to be for our benefit and instruction and help this evening just welcome we've just started Paul had the right message okay who's got 2nd he was concerned that someone else would come along and preach a different gospel and they would just accept it they would be seduced as Eve was okay Paul's greatly concerned about the content of the gospel Galatians 1 6 to 9 Ronald very very strong words there for someone who would preach another gospel that is not another of the same kind another of a different kind okay is the Greek there Paul was an effective evangelist because he held fast to the right message Paul clearly held fast to the truths of the gospel and did not tolerate any variation of the gospel message one of the reasons people are not effective in evangelism because they're not sure about the content of the gospel and this is something we're going to come back to tonight okay this is going to be the what is the gospel message the truth of the gospel we'll come back to this it's going to be our main point but let's push on Paul to begin with he was effective evangelist because he had the right message he knew it he could spot a phony an imitation a counterfeit a mile away had the right message secondly he had a compelling motive a compelling motive who's got second five Thank You Jeffrey verses 10 to 15 a patient with glory on our behalf that he may have somewhat to answer then which glory appearance and whether we decide ourselves it is to God or whether we be so that it is for your cause for the love of Christ constrain of us because we thus judge that if one died for all then were all dead and that he died for all and that they which live should henceforth should not answer live unto themselves but unto him which died for them and rose again. okay thank you Paul understood that every Christian is going to eventually stand before the judgment seat of Christ okay not to be judged for our sin because that's already been taken care of but our life and what we've done for the Lord those things were either good gold silver precious stones as if we follow the analogy 1st Corinthians 3 or bad that is wood, hay and stubble worthless things and this was a great concern to Paul he understood that people would be rewarded for how faithful they serve the Lord and Paul knew that he himself was accountable to God and for that reason he wanted to make his life count that's why he says in verse 14 the love of Christ constrains us Paul understood that his life had been redeemed by Christ and that was a remarkable thing you know the chief of sinners and how could he be saved and the Lord had done a wonderful thing in his life and that stirred up love in his heart for the Lord and he wanted to spend his life serving the Lord and winning the lost and that was a constraining thing for him because at the end of his life he'd have to stand before the Lord noted immediately after he describes that this judgment seat for rewards verse 10 then he writes the following verse verse 11 in light of that judgment he makes it the aim of his life to persuade men to persuade men about the truth about Jesus and so it's he's motivated he has a compelling motive because he knows he's going to stand before the Lord one day and a given account of his life and he wanted that to be a joyful day not a grieve a day of regret and so it is for us okay let's not just let's not just think that Paul's the only one who's going to stand before the Lord and given account of his life we all will and this should be a compelling motive for us as well thirdly number three Paul had a divine call 1st 16 who's got that one thanks Aaron okay well is unto me for preaching at the gospel you know not it's not a way of condemnation you know I'm in fear of my eternal security I got his God has called me to do this and I'm obliged to do it it's in this necessity is laid upon me it's a necessary thing got a commission Paul to preach the gospel take the gospel to the Gentiles and Paul certainly had a sense of a divine call to evangelize and and maybe maybe we don't sense the same divine call but the thing is we have the Great Commission okay we've got the Great Commission to go and preach the gospel to every creature and so if we listening to God's word then again that there's there's pressure that comes upon us that way as well number four Paul had an eager boldness and eager boldness our reference there is first is Romans 1 16 perhaps you know it Paul says I'm not ashamed of the gospel of Christ it's the power of God unto salvation to everyone that believe the Jew first and also to the Greek Paul is Paul is confident he's confident to proclaim the gospel because it does work it's powerful and that gives in tremendous boldness Philippians 1 21 for me to live is Christ and to die is going that's incredible boldness that enabled him to preach the gospel fearlessly if he dies that's a win for him such was his confidence in the Savior okay number five a walk in the spirit who's got Ephesians 5 verse 18 thanks Jarrell okay Colossians 1 9 okay so let's just take a couple more here while we're going up first first Thessalonians 5 verse 19 good that's alright that's alright so JC it's good we put a Bible in your hand for that massive verse wasn't it and acts 13 verse 2 okay couple of verses there let's put a few things together here Paul was dependent upon the Holy Spirit's power and guidance okay he lived his life he knew what it was to be continually filled with the Spirit he knew what it was Colossians 1 9 to have his mind filled with the knowledge of God's will he knew what God wanted him to do and he's the Spirit of God is is fills his life enabling him to do what he knows what God wants him to do he had no pattern of unconfessed sin in his life he wasn't perfect okay we know that there would have been times Paul need to get things right with the Lord but that was a that was a they sort of the the atmosphere is his life to to be constantly doing the will of God filled with the Spirit of following the Spirit of God walking in the spirit directed by the Spirit is on his evangelistic journey he's making his plans but the Spirit of God says no don't do that go here says okay no worries we'll do that this was what Paul was like in the bit from the beginning of his life acts chapter 13 verse 2 when the Holy Spirit said you know separate Paul and Barnabas these are men whose lives are directed by the Spirit of God from that moment to the end of his life in martyrdom all the way through Paul experienced the power of the Spirit of God working upon his life and through him again this is this same Spirit of God in fills us and is available to empower and guide us as well number six Paul had a deliberate strategy a reference there is acts chapter 18 we won't look it up but this is Paul going to Corinth and Paul when he went into Corinth did what he did in most other places you always go to the synagogue first if there was one there this was his strategy he would go to the synagogue first because he was accepted there he was a Jew they had a Bible Old Testament scriptures and this was great for Paul to evangelize he could open the Old Testament and teach them about Jesus they believed the Bible as a as a that's a benefit okay you get at least you get started a conversation and this was Paul's strategy always go the Jew first and then to the Gentiles if the Jews shut him down ran him out and they just go to the Gentiles sometimes you go to the synagogue Jews are get saved he gets some co-workers there co-workers hell to help him with the evangelism amongst Jewish people and Gentile people were wherever he went this was Paul's strategy you know some people think that depending upon the Spirit of God means you don't have any strategy like this you just do whatever the Spirit of God leads you to do without a strategy well to not have a strategy that is a strategy isn't it that's a strategy we don't plan anything our strategy is not to plan anything but Paul was filled with the Spirit led by the Spirit we also planned things pretty meticulously as well again all of his plans were subject to the Lord's sovereignty there was no problem got it a better plan let's go with that but Paul approached his evangelism deliberately and strategically and if we go out evangelizing with a strategy in mind that's a good thing the Lord might lead us otherwise that's fine but it's not irresponsible to plan Paul did it now number seven he had an unwavering desire he's got Romans 1 14 and 15 thanks Jeff to the wise okay Paul understood himself to be a debtor to unsaved people he had something that they did not he knew they desperately needed it he felt obliged to share it with them he felt like is a man under obligation I have the truth you don't have it I'm obliged to give it to you Paul evangelized like a man in debt and again we ought not see ourselves as being any different okay so there are there are let's just you know just we're just surveying the scriptures here gleaning there's seven things there that were impacts upon Paul's life that helped him to become an effective evangelist but let's come back to this major point for this evening about having the right message to share with people the right message let's turn over please to 1st Corinthians 15 1st Corinthians 15 in a in a minute just stay at the bottom just stay at the bottom for now we'll turn over in just a minute okay 1st Corinthians 15 I like to read verses 1 to 5 1st Corinthians 15 verse 1 moreover brethren I declare unto you the gospel which I preached unto you which also you have received and wherein ye stand by which also you saved if you keep in memory what I preached unto you unless you believed in vain for I delivered unto you first of all that which I also received how that Christ died for our sins according to the scriptures and that he was buried and that he rose again the third day according to the scriptures and that he was seen of Cephas and then of the 12 okay now we have this some facts of the gospel not not not everything but some study the New Testament we can there are other elements of the gospel which we can assemble and what I've done for you on the bottom of the first page there I've provided you with a definition of the gospel that is going in here and there in the scriptures pulling together things which provide with a succinct statement eight phrases that I think provide a fairly robust definition of the gospel now there's got all blanks there hasn't it okay okay let me just I will read through it and I'll give you the black give you the fill in the blanks as we go okay the gospel is the message the gospel is a message the gospel is the message of God's plan the gospel is the message of God's plan and his work to blank something sinners save there you go the gospel is the message of God's plan and his work to save sinners from his wrath very good it's the message of God's plan and his work to save sinners from his wrath and to bring them into a relationship with himself through life death and resurrection of Jesus Christ and to offer that rescue to all who will turn from sin and trust in Christ now there's a fairly robust definition it has been if you look on the bottom of page three little footnote there that the content that I'm about to share with you is adapted from a book by James B Carroll called collateral damage in which surprisingly I was very surprised to find this very helpful definition of the gospel which I've modified just slightly for our purposes this evening and we're going to unpack it in detail each of those eight phrases and I've given you very comprehensive notes saturated in Scripture and I hope this will be a good resource for you I'm sure it can be improved and maybe that was something that you might do you know work at coming up with a definition of the gospel which you know is something that you know you've labored over to put together and you just know what the content of the gospel is all right so let's let's unpack these eight phrases firstly the gospel is a message okay we're over the over the page now and there's plenty of blanks so hopefully you can keep up and if you can't that's okay we can come back I've got an answer sheet here I can end you at the end or look on look on with the person next to you this is not cheating this is called helping one another firstly the gospel is a message it's a message from God to man revealed in the Bible it is a specific message and it is a good message it's a good message in fact it's often called good news because it proclaims good tidings of great joy to all people Luke chapter 2 verse 10 God intends the gospel message to be universally proclaimed case for all people God intends for the met the gospel message be universally proclaimed and personally believed okay universally proclaimed to everyone but it's got to be individually and personally believed it's a message to be joyfully received for it's the best news that a person can ever hear gospel is a message from God revealed in the Bible secondly next phrase the gospel is the good news of God's plan and his work it's the good news of God's plan and his work the message of the gospel begins with God he is he's a holy righteous creator he is eternal meaning that he exists before all things he is transcendent meaning he is above and beyond all things he's absolutely and perfectly holy which means he is unparalleled in the majesty of his incomparable being his blameless faultless and unblemished in his moral purity is a holy God okay and that is a an essential element of the gospel it's because of that that we are in such need because we are unacceptable unworthy to be in his presence the gospel is his story it's a holy God's story it's the narrative it's the one narrative he's been unfolding from could it be before the foundation of the world and does anyone know what our reference there is first Peter Peter had some significant things to say about the gospel content of the gospel God is not reacting to man's whims or figuring it out as he goes along God is working out his sovereign and meticulous plan in the gospel God's plan is announced otherwise we wouldn't know about it but the gospel isn't merely about the plan it also tells how God works to accomplish his plan he is not a mere bystander he doesn't direct affairs from afar God works to reveal his plan and to accomplish it he is the author of the plan and the one who works to bring it to pass all right third phrase the gospel tells of God's plan and his work to save sinners the gospel tells of God's plan and his work to save sinners because God is perfectly holy he cannot commit or approve of evil he's totally separate from sin for he is of purer eyes than to behold evil and cannot look upon iniquity and does anyone know what our reference is there it's a key verse I think you put it in your gospel arsenal Habakkuk chapter 1 verse 13 God is of purer eyes than to behold evil cannot look upon iniquity Habakkuk chapter 1 verse 13 because because all people without exception have sinned we're unworthy and to approach God and a cut off from his presence but the good news of the gospel is that God should be is rescuing God is rescuing men and women from their sinful condition people are as it were and this might be a helpful illustration for you people as it were drowning in the sea of their rebelling against God and he is reaching into the water to save them Jesus said I am NOT come to call the righteous but to seek and to say that which was lost now taken two verses there put them together parts of two verses Matthew 9 13 and Luke 19 verse 10 according to the Bible every person born on the earth has inherited a nature that is inclined to sin Psalm 55 verse 5 inherited a nature that is inclined to sin we've been every person born 51 become 51 verse 5 we've inherited a nature inclined to sin and all people are will willingly choose to rebel against God where sin is by nature sin is by choice okay again these are things which are self-evident but they are significant in having gone for gospel conversations we're sinners by nature and you have to teach children to do the wrong thing they do it naturally we all do it naturally but we also choose to do the wrong things ourselves from our earliest days we shake our fists at our Creator seeking to usurp control of our own lives the gospel makes strong statement about mankind namely that we're all sinners and we stand in desperate need of rescue from our sins and its consequence and its consequence fourthly the gospel offers salvation from God's wrath the consequence of a rebellion against God of our rebellion is the wrath of God Romans 1 18 for the wrath of God is revealed from heaven against all unrighteousness and ungodliness of men the wrath of God abides on us because of our sin God's wrath is best understood as his holy and justified reaction against sin unlike human wrath God's wrath is never out of control and never lacks wisdom it is his directed intense righteous reaction to sin the practical practical result of his wrath is death death John 3 36 shall not see life but the wrath of God abideth on him shall not see life the wrath of God abides on him Ezekiel 18 verse for another key verse the soul that sinneth it shall die God's wrath against sin we die physically as we pay the penalty of our sins Romans 5 verse 12 wherefore as by one man sin entered into the world and death by sin so death passed upon all men all have sinned we die physically as we pay the penalty of our sins but we also die spiritually as we pay the penalty of our sins Romans 6 23 a Rome Ephesians 2 verse 5 a even when we were dead in sins the ways of sin is death the Bible describes his spiritual death as separation from God Ephesians 2 12 without hope and without God in the world separated from God Ephesians 4 18 being alienated from the life of God the Bible describes spiritual death as separation from God the reality of this separation will reach its horrible climax when God judges all people and brings everlasting punishment upon all who have continued in their rebellion a couple of references there the Bible calls the place where these people will suffer for eternity hell and describes it as a place of suffering Luke 16 24 the rich man who and Lazarus okay that rich man being in hell lifted up being his eyes being in torment I am tormented in this flame it's a place of suffering it's a place of darkness it's a place of unquenchable fire so the gospel is the message of God's work to rescue or save people from his wrath which they justly deserve because of sin fifth the gospel tells of God's work to bring sinners into a right relationship with himself the gospel tells of God's work to bring sinners into a right relationship with himself he fee Isaiah 59 verse 2 makes a clear and alarming proclamation about sin and its effect on a person's relationship with God but your iniquities have separated between you and your God your sins if it is hit his face from you so that he will not hear again another good Bible verse for your gospel Arsenal Isaiah 59 verse 2 we're not in a right relationship with God where the relationship has been broke we're separated because of sin as sinners we sit hopelessly under the condemnation of God's wrath which separates us from him despite his great love for us he will not and cannot overlook our sin he cannot he will not and cannot overlook our sin and tarnish his perfection and justice the gospel though is the good news of how God crossed this chasm created by our sin and is bringing sinners back to himself sixth the gospel tells of the work of Jesus Christ God works to say sorry God's work to save and accomplish God's work to save was accomplished through the life death and resurrection of Jesus he is the only begotten Son of the Father a full member of the Godhead yet he became flesh lived as a human being okay became flesh 1 John 4 and 1 John 1 for John 1 14 lived as a human being Philippians 2 providing us with the only way of salvation that's the gospel story centers on Jesus and his God's standard perfectly he lived a life of perfect righteousness which we never could then he dies a sacrificial death upon the cross in our place bearing God's wrath for us and making the tournament for our sin through the shedding of his sinless blood shedding of blood for an atonement what's of reference there 17 11 Leviticus 17 11 again another important verse the life of the flesh is in the blood I've given it to you upon the altar to make an atonement for yourself it's a blood that makes atonement for the soul pastor enemies to say the blood is the only cleansing agent for sin first peter one again we were dealing with the precious blood of Christ Jesus died the death that we deserved again Peter first Peter 3 18 Christ also once suffered for sin the just for the unjust that he might bring us to God Jesus died the death that we deserved he the just one died for we unjust ones but he could not be held by death on the third day Jesus rose from the dead first Corinthians 15 20.
Tech Path Crypto
A highlight from 1278. Gensler LOST AGAIN! | Judge Shreds SEC Appeal! | XRP Update
"Let's get into some XRP news today and talk about the SEC taking another black eye. These guys are taking round after round from the judge, and it's going to be an interesting one for sure. You don't want to miss this show. All right, my name is Paul Baron. Welcome back into Tech Path. Let's get into it. A couple of topics that we'll break down from the judge, but also the kind of impact this could have for the overall crypto markets, even the Coinbase case. We'll give you guys kind of a rundown. One thing I do want to do is thank our sponsor, and that's iTrust Capital. If you guys are looking at going into long -term investing into crypto IRAs, this is one of the vehicles you can use, and it's very simple to do it. Easy to start up, there's no monthly fees, and all you have to do is you can do your own self -directed trading. So if you want to get into XRP or others, you can do that right here within the iTrust Capital IRA. Very easy to join, and you'd be joining 200 another ,000 accounts that have already created IRAs there with iTrust. So check the link down below. You get a $100 funding reward if you decide to do something there. Helps our channel out. Appreciate that. All right, so let's get into a couple things here. I want to go over to the PDF here. This is the judge response, and there's a few points. I'm going to kind of zoom in on this a little bit for you guys. There's a few spots in here. There's going to be a lot of scrolling, but the point is we're going to get to a couple of points here. I want to go down here to page five. All right, so let's get into this. First, SEC has not presented a pure question of law. This is one of the things that the judge has already pretty much put in in the judgment on the first ruling, and of course, kind of them just saying, hey, this is, you're still in the same position here. In fact, the court specifically rejected defendants' essential ingredients, the legal test, and applied the SEC's legal standards. So this was where the SEC was essentially trying to create their own rules. Judge says, nope, not going to work here. Further into the document, the SEC seeks to appeal question C, and issuers offers and sales of crypto assets and trading platforms create a reasonable expectation of profits based on the efforts of others. But the court did not hold that offers and sales on a digital asset exchange can create a reasonable expectation of profits based on the efforts of others. So I think that is pretty much the same kind of scenario that's playing out in the Coinbase trial that we will most likely, I think we're going to see a win there as well. Ripple's programmatic sales were blind, bid -asked transactions, same as almost every crypto transaction out there. Ripple's programmatic sales represented less than 1 % of the global XRP trading volume, did not make any promises or offers, and the SEC failed to provide evidence. The SEC failed to provide evidence, and she just keeps on, failed to provide evidence over and over on all of this. So really kind of hitting home on the SEC, just not holding up their end of being able to even prove that XRP or other digital assets are securities. Further in this document, it says the SEC failed to provide evidence and the development of use cases for the XRP ledger, which constitutes a tangible and definable consideration to Ripple. That's important. Court also rejected the SEC's argument that XRP provided Ripple employees as compensation and bonuses satisfies the Howie's first prong. So getting into a lot more detail here, and I think this is going to flow into the rest of the civil cases that are still out there against Garlinghouse and Larson. All right, so court rejects the SEC's remaining argument that the courts have accordingly found section five violations where unregistered crypto asset transactions occur not between the issuer and the investor, but through intermediaries, including on trading platforms, keyword on trading platforms. That is Coinbase in a nutshell. And I think that's the scenario. Digital assets I think are getting ready to fall outside of the guise of the SEC. Court rejects the argument that there is a substantial ground for difference of opinion, meaning it doesn't matter what you think the court has a rule of law to go by and we're going to affect it. And, uh, the SEC is not creating their own law, which is the other scenario. Okay, so further in the court, uh, in the document, the court cannot draw any conclusions about library's core reasoning, uh, to an issue because it was never litigated. Therefore the SEC fails to point to any digital asset cases which conflict with the court's holding as to the other distributions. If you don't know about what happened in the library case, this was a really a milestone event for the SEC, but now the court is pretty much saying, man, not really. Listen into this clip right here. After the blockchain was launched and we didn't do an ICO and this was during the ICO boom and then we said we were trying to be a conservative company and eventually the SEC sued us and they declined to actually bring the trial until shortly before the statute of limitations was going to hit on our, on our first buying time. Yeah. We came in and we did a whole presentation and they just used that stuff against us. Never answered a single one of our questions. We've said we'll destroy the entire company. We'll give you our entire pre -mon. You can have every dollar in our bank accounts, right? But what we want is the status that Bitcoin has, right? If I have to blow everything up, if that's what's somehow the difference here. Okay, fine. Just tell me that that's what I have to do. They won't tell you that. They'll say you're, I mean, seriously, it's so it like gives me an energy. That's crazy. I mean, that would be in the founder of library talking about how much pressure and just gravitas that the sec is wielding out there on small companies. And that's the problem of overreach that we talk about all the time. All right, so let's go back to, actually there's another clip I want to play for you. This is John Deaton. Listen to this one. The judge agreed with me, promised me, assured me that he was going to make sure that the world knew that his decision did not apply to secondary market transactions. And that was a very important point because judge Torres in the ripple case cites that hearing Jeremy Kaufman and library spend between one and $4 million and they spend another couple million dollars in legal fees. The sec spends ungodly amount of hours taxpayer money. And when it's all said and done, the government protected us by getting $111 ,000 in legal fees. From library. Well, we've successfully destroyed them financially. We did what we told Jeremy Kaufman we were going to do when he argued with us and we said, we will bankrupt you pal. What happened is the library is appealing the decision by the judge granting summary judgment to the sec. I think that they have been emboldened, if you will, because of the grayscale ruling by the ripple decision by maybe even the Uniswap decision by judge failure and hopefully a really good decision that comes down in the Coinbase motion to, to dismiss. Remember people, there's not a case in 80 years that supports taking an asset that may have been an investment contract in the beginning and then calling it an investment contract. The underlying asset forever. None. Yeah. So Deaton pretty, pretty benefit. I'm pretty passionate about that. And I think he does kind of hit that point home is that the sec kind of plays unfairly, not surprising and to anyone out there. But the good thing is, is now the courts are starting to rule against them. And this seems like they are finally in a position where they're taking the bully to class here further in the conclusion denied at the sec's request for a stay is also denied. So this court basically just lashed everything down. This is an interesting statement at the end prior to the final pretrial conference council for both parties along with parties themselves shall meet in person for at least one hour to discuss the settlement of the match. So they are really meaning the court is really pushing to get this done. This of course is Annalisa Torres, judge Annalisa Torres, which I think is the one that has pretty much outlined that the sec has no case here for digital asset control and most likely is going to fall under, under outside the graces of the court when it comes to the, to the Coinbase, uh, case as well. All right. Just a couple of tweets here. Uh, corrupt sec got an effort fail on their appeal. Judge Torres wrote the fail 10 times. Uh, here's Stuart Alderati, of course, the ripple attorney courts, um, July 13 ruling was and remains law of the land XRP is not a security. Jeremy Hogan comes in and says, Hey, okay, look here. A couple of things here that I want to note. Uh, and that is really this statement right here. This is a disaster for the agency. I'm going to mark that just it's there. This is a disaster for the agency, but I think this is, this is a good thing for crypto in general and digital assets. But more importantly, I think for digital asset technology and how all of this is moving forward, keeping government overreach out of industry and innovation is important because as you know, Deaton kind of mentioned, they went through all that, you know, millions and millions and millions of taxpayers money for $111 ,000 for a library case, which is probably going to get overturned out. So not a good one. Here was Scott, Scott Chamberlain, uh, further talking about the XRP case and he kind of hits something here. So there's a lot in change. SCC failed to prove its case. Now it has to push not something nice uphill with a pointy stick if it wants to win. So they have a huge boulder in front of them to get this done in being able to win. I think the SCC has lost this and I think it's going to start either looking very bad for Gensler or the SCC is going to start to pivot their position. Now you look at it politically, that could be the case because we're starting to see some things in DC that could also kind of tie into this. I want to go over to this last clip, which is Deaton talking about this a little bit further into what this might mean. Listen in. She said some XRP holders, no doubt bought XRP for speculative reasons and they may have relied on the efforts of Ripple, but the SCC didn't prove that. Programmatic sales of XRP on exchanges are not securities. XRP itself is not a security. And what she did in this decision was solidify it. And I'm telling you it's untouchable. It cannot be touched. She even said, look, I never said that it's impossible for some crypto token to still be a security when it's bought on an exchange. I've just said that XRP in this case with these facts are not period. She even made it more clear that as of right now on this day, excluding Bitcoin, XRP is the only one clearly, with legal clarity. I'm really hoping that judge failure comes through on the Coinbase decision because I think that will be when Gensler is forced to pivot. And that's when Elizabeth Warren has to accept that her anti crypto army is a bunch of old people about to die. All right, there you go. Anti crypto army dead. Uh, and I think back to my point is that I think that Gensler is going to pivot. He has to, this is starting to impede political positioning. It's also impeding the benefits of what the SCC is going to try to do in really the work they should be doing, which is real securities law. And that is the challenge because right now it's just overreached. This is just power grabs. You look at what Graywall was saying here. Of course, this is the Coinbase attorney. SCC just filed its opposition motion to dismiss their case. This is the opposition to the motion for Coinbase trying to get this dismissed. This is going to take on a light of its own. If you look back down here at the end, it says, we look forward to filing our reply in October 24th. So as always, we appreciate court's consideration. So this is probably going to move into November, but the key here is the SCC continues to lose and they're losing in very, very grandiose ways. And this is not good for anything from a governmental overreach standpoint. I think it's even worse for the political position of the SCC. And this also starts to change things dramatically, I think in digital assets as a whole. Most likely Coinbase is going to come out of this. Coinbase is going to look really good pretty soon. So, all right guys, we're going to get into that more. We're going to be covering more of this. Obviously we had the speaker house change up this week. There's a big implication there on crypto and digital assets as a whole. We'll cover that. Make sure and stick around on the channel. If you're not subscribed, make sure and subscribe right now. Just hit that little button down there. If you want to get some of our live streams, I'm doing as much lately, but we do want to bring those back. Just hit that bell. You'll get notifications when we do this. All right, if you're not in our diamond circle, get in now. It's another place where we drop additional content. We've got a really special surprise for you. We've got new TA videos coming only to our diamond circle members twice a week. Those will be dropped on, it looks like Monday and Thursday. Plus you're going to get Kyle's webinar, excuse me, web3 podcast, and he's adding another show to it. So you're going to get four new pieces of content that you don't get anywhere else. Not here on YouTube, only in the diamond circle. Click the link down below. You guys want to catch me? It's out there on Twitter at Paul Baron. We'll catch you next time right here on Tech Path.
Bloomberg Markets
Fresh update on "paul w." discussed on Bloomberg Markets
"In America's labor market, which has been instrumental in providing support for battered by doubt. The government issues official payroll data Friday. Vinnie del Judice Bloomburg Radio. Thanks, Vinnie. The FDA grants Novavax emergency use authorization for its updated covid -19 shot. Shares of Novavax currently down more than six percent. Rival Moderna up less than a half a percent and Pfizer down more than one percent. And that's a Bloomberg Business Flash. I'm Steve Rappaport back to Bloomberg Markets right here on Bloomberg Radio. All right, Steve, thank We you so much. appreciate it. Matt Miller, Paul Sweeney live here in our Bloomberg Interactive Broker Studio. We're streaming live on YouTube so you can go check us out there. Our
Tech Path Crypto
A highlight from 1277. Crypto Regulation Under Threat | Republicans Fight + FTX Trial Begins
"All right, so we could be nearing a space in time in which crypto regulation could be at its worst risk ever. And that's going to talk about a breakdown of a lot of things that are happening all at once right now, starting with the Speaker of the House. We'll break into all this good stuff. You guys don't want to miss this one. My name is Paul Baron. Welcome back to The Tech Path. All right, let's start with where this kind of this rub between Matt Gaetz, Kevin McCarthy, Speaker of the House. If you know anything about politics, basically, you got a good guy, bad guy. One guy said that I was going to do this. He didn't do it. And it all kind of boiled up to the shutdown that we just averted. Listen to what they had to say here. This is leading out with Matt Gaetz. If there's a deal made with Democrats, the only deal is to make one with McCarthy, because I'm not offering anything and won't offer anything. So if the Democrats want to adopt him, they can adopt him. Declaring the office of Speaker of the House of Representatives to be vacant resolved that the office of Speaker of the House of Representatives is hereby declared to be vacant. The vote has to take place within two legislative days. We don't know exactly when that's going to be. Have you talked to anyone to gauge their interests on becoming speaker? It's McCarthy. I've had a number of people call me sua sponte to express their own interest. Can you name it? I could, but I'm not going to. Will you block or vote against every Republican rule if he remains speaker? I haven't contemplated that. All right. So Gaetz has definitely got a burr under his saddle for McCarthy. And mainly this, again, goes back to this whole broken promises scenario that happened when McCarthy was put into the speaker position. Now, why is this important to crypto? This could cause a massive slowdown in regulatory alignment with what's going to happen around because right now we're talking about pushing back out of October. This is going to have a lot of effect. And then you've got other things playing into this. So stick around because this whole video, we're going to break down all these little things that you need to be paying attention to because it will have some significant impact here. A couple of things from this article right here, let me go to the headline here. Matt versus Goliath now a nuisance has become a mortal threat to Kevin McCarthy's speakership. Couple of points I want to highlight here. If all Dems vote against the speaker, if all Dems vote against the speaker, Matt would only need Matt Gaetz, would only need the support for four Republicans, which he is likely to get. That would be the scenario that would oust the speaker of the House right now. And as you heard in the clip, it's going to happen in the next couple of days. So pretty big deal. Democrat Jared Moskowitz, who has known Gaetz for over a decade and served him with Florida, obviously Gaetz out of Florida legislature, used an analogy from Avengers movie and the House had come to an Armageddon. We're also kind of here because McCarthy gave Matt Gaetz the Infinity Stones and now what a surprise Matt Gaetz is trying to snap his fingers and make him go away. It was inevitable. I thought this was fun. Anyway, point being, we've got a lot of disagreement in D .C. and unfortunately crypto legislation is going to get caught up in this. And I think that's the concern we have to look at. I want to go to this next clip really breaking down McCarthy's position as opposed to what Matt Gaetz had to say. Listen in. Speaker, what are the Democrats asking you for? As you try to build support, I imagine from Democrats in this case, I imagine they're going to try to drive a hard bargain. You know what? They haven't asked for anything. I'm not going to provide anything. He's been blaming me for some for an ethics complaint against him that happened in the last Congress. I have nothing to do with. He wants me to try to wipe that away. I'm not going to do that. That's illegal. If that's the case, then I think we've got real problems. He says he's coming for you. Can you survive? Yes, I'll survive. You know, this is personal with Manta. Democrats could cross over and follow Gaetz's lead on this. Look, Gaetz is trying to work with Democrats. He's reached out to Swalwell, to AOC and others. But if that's the way we're going to govern, I don't think America is going to be successful. Look, most of it in the press probably thought we would have shut down yesterday, too. But no, we did not. Were you confident we wouldn't shut down? I was confident I could get something on the floor to make sure the option that we would not. But you weren't sure it was going to pass. Well, I wasn't sure it was going to pass. You want to know why? Because the Democrats tried to do everything they can not to let it pass. They did. Democrats were the ones who voted for this in a larger number than Republicans. 90 Republicans voted against it. You got 45 days. That's right.
Bloomberg Markets
Fresh update on "paul w." discussed on Bloomberg Markets
"24. urn That's .com a urn .schemas You So capital we're talking plan. know, billions, the -microsoft So I'm big thing guessing is, the -com can you just dude. fix next plan Penn Station? So, um, urn will be Can you double do that, that? .schemas -microsoft tens of True. billions at least. of Can you make Penn dollars. Station -com That's urn Right. kind of the So, like .schemas -microsoft -com 24 hours a day. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Markets. With Paul Sweeney and Matt Miller. We got a lot of green on the screen here, but the volume is light. We underestimate constantly the strength of the U consumer. .S. This is a market that's much more optimistic or bullish than maybe central bankers are. Breaking Market News. An insight from experts. Bloomberg There's still some concern out there in the market that there is room for things to deteriorate a little bit more than what they're indicating. As small and medium sized businesses struggle, they don't present as much competition. The supply chain has still got dislocations globally and here in the U .S. This is Bloomberg Markets. With Paul Sweeney and Matt Miller on Bloomberg Radio. All right, coming up in this hour, we're gonna check in with Michael McKee Bloomberg's International Economics and Policy correspondent. Looks like we got kind of yields stabilizing here that's pushing markets higher. So we'll get his outlook on the economy. Markie Patel is going to join us as well. Senior Portfolio Manager at AllSpring
Tech Path Crypto
A highlight from 1276. Crypto ETF Race Begins | Which Token is Next?
"All right, so let's dive into ETFs today, take a look at the market, how things are going within not only the potential for spot ETFs, but also the future side of things with Ethereum. We'll break into all this for you guys today. My name is Paul Bearer. Welcome back to Tech Path. All right, so we're going to get started, but I want to thank our sponsor, and that is Tangem. If you guys are looking at securing your crypto and you want to do it in a self -custody way, this is one of the options you can use. You can use the hardware devices, you can use the cards. This is one of the best cards that I've seen so far. I've tried a bunch of different ones, and I like Tangem, and it's a very intriguing model. There's a couple things you can do with it as well. If you go over to their website, just go to tangem .com, click on Get Tangem, and now you can get this new wallet, which has just recently launched, and you can do this where it gives you your optional seed phrase if you like going that route, or you can go with the classic wallet where it auto -generates this stuff. It's NFC, ties it into a real slick app, and very easy to use. Very secure. Also, we've done a couple of videos on the security for Tangem, but check them out. Make sure and use our link down below to help the channel out. All right, so let's get into a few topics here today, and I want to go over to Eric Balchunas and what he had to say about the current status of what's happening in the ETF race. So let's take a look at Eric's clip right here. It's a special day, Katie. This is an unprecedented day in the history of ETFs. Never seen this happen before. We have a multitude of Ether and Ether plus Bitcoin futures ETFs launching all on the same day. Remember when Bitto launched? That was two years ago. Those Bitcoin futures, only one launched, and it got like all the volume basically. So the SEC was like, well, we don't want to do that anymore. Let's have them all out to have fair play. So here's the ones all in the market trading today. There's their volume. I kind of sorted it by the most volume as of noon. Total of two million dollars trading. Not that much, although compared to a regular launch, it's a lot. But it's not a lot versus Bitto. So little less interest in here, interest in these. And it's going to be an interesting to watch these ETFs jockey position because the one that gets the most volume typically gets the most assets and has a lot of pricing power. So Katie, this is a Derby, I call it. And we're going to see who wins. It's very early still, though. All right. So he hit on a couple of things there. One of the things that he hit on, of course, is the issue of who wins this race. Now this, of course, could also start to have a lot of implications of how spot ETFs might end up also positioning in the market, especially when you get people and investors that become more and more aware of what's happening right here. And obviously, you saw the list there of all these different ETFs. Of course, VanEck, one of the leaders out there on the space, one of the first that were filed, now currently around 66 on their expense ratio, 0 .66 on their expense ratio, one of the lowest total net assets, about $840K right now. I think they were the number two on the list that we showed right there. A couple of other things that are happening right now, volatility shares canceled their ETH ETF plan for their futures, and they didn't really see an opportunity for it. I would kind of agree with that in the sense there's just so many now into the market. So it's really going to become a marketing play of how those ETF futures do. And also the institutions that also are out there promoting it, what they're going to do in terms of adding value to it. VanEck, we talked a little bit about yesterday. Not that we're saying you should go that route if you are checking a future, but they are doing some unique things, which I thought was interesting. If you didn't catch that video, go back and check that. We did a full breakdown on all that good stuff. The other thing that's happening right here, you have Tim Draper reflecting on Bitcoin ETF as Grayscale announces a new Ethereum fund. Now there's a couple of things that he notices, and just full transparency here, Tim Draper, one of the biggest Bitcoin holders out there. So he's talking his book, just so everybody's aware of that. And if you don't know who Tim Draper is, go out and Google that. This is one of the PayPal Mafia guys. These guys have been around for a while.
Bloomberg Markets
Fresh update on "paul w." discussed on Bloomberg Markets
"Jelly adjective jelly is a shorter better way to say jealous as in Chloe I am like so jelly of your unicorn phone case you don't have to speak teen to be a perfect parent thousands of teens in foster care will love you just the same visit adopt us kids org brought to you by the US Department of Health and Human Services adopt us kids and the ad council economics this is a disinflationary Paul's findings people just are not spending savings if they have their saving more investment where do we bank and is that bank big enough Bloomberg surveillance Tom Keene Jonathan Peril Lisa Abramowitz and the names that shape the world's markets the chief executive officer JP Morgan James Diamond listen to Bloomberg surveillance weekly mornings at 7 Eastern thank release get a little bit of
Mark Levin
Part 1: How Freedom Caucus Members Voted on Kevin McCarthy
"For McCarthy Paul Gosar Arizona 9 voted for McCarthy Darrell ice at California 48 their Freedom Caucus members voted for McCarthy Lauren Boebert Colorado 3rd voted for McCarthy Ken Buck who we now know as best buddies with Liz Cheney for God's sakes who hates Kevin McCarthy well he did as he was directed apparently he voted against McCarthy Matt Gaetz you know well Kat Florida's third voted for McCarthy Bill Posey Florida 8 voted for McCarthy Anna Luna I think she just had a wasn't there Greg Stube Florida 17th voted for McCarthy and where Trump supporters Byron Donald's Florida 19 voted for McCarthy Andrew Clyde Georgia 9 voted for McCarthy these are Freedom Caucus Mike Collins Georgia 10 voted for McCarthy Marjorie Taylor Greene Georgia 14 voted for McCarthy Russ Fulcher Idaho 1 voted for McCarthy Mary Miller Illinois 15 very delightful lady my wife and I met her and her husband voted for McCarthy Clay Higgins Louisiana 3rd voted for McCarthy Mike Johnson Louisiana 4 voted for McCarthy Andy Harris Maryland 1 voted for McCarthy Eric Burleson Missouri 7
Bloomberg Markets
Fresh update on "paul w." discussed on Bloomberg Markets
"Jamie Patton come on. Right now let's kick everything off with Mr. Alright John Tucker. we see green and red on the screen the major stock averages Paul mixed. Treasury yields lower for now in the S &P 500 eight of the 11 major industry groups are down the biggest drag coming from energy as we see crude oil prices they're declining right now close to four percent. Among the data today America's service industries expanded at a slower pace in September and ADP reporting businesses added the fewest jobs in more than two years. time Katrina Means Dudley at Franklin Templeton telling investors calm down the economy she says is not nearly headed off a cliff at this point. The economic
Bitcoin Audible
A highlight from Read_769 - Orange is the New Green
"Our existing financial system is a mirage of wealth and liquidity, sustained by an ever -expanding money supply. Bitcoin emerges as the ultimate shield against the inevitable reckoning that will shatter this illusion. The best in Bitcoin made audible. I am Guy Swan, and this is Bitcoin Audible. What is up guys, welcome back to Bitcoin Audible. I am Guy Swan, the guy who has read more about Bitcoin than anybody else you know. I just want to thank, off the top, our amazing sponsors for this show and our supporters. Thank you to the audio -nauts and everybody who donates sats on fountain. I don't get to go over there and check on that stuff a lot, but I just want to say that I do see it. I do read them, and even though I don't mention them on the show because I feel like I'm always just rushing to get to the next thing lately, I do really, really appreciate it, and it is amazing. I can refill my Zap wallet on Nuster, and I can also take some and buy the final sticks of RAM for my AI machine and get that thing finally up and running. It really is amazing to just kind of have that constant support from you guys, and I just want to say thank you because I don't mention it enough. Also, our amazing sponsors who keep the show alive, seriously, and I don't take my sponsors lightly. I use companies that I use. Literally some of my absolute favorite and most used products that let me have a Bitcoin life. They are Fold, the Fold card, the debit card that pays me sats back on everything. I just paid for a big bill and got 87 ,000 sats. I've got 87 ,000 sats. It's my biggest ongoing payment for the business expense. I got 87 ,000 sats. That's crazy. And then the cold card hardware wallet where I keep those sats safe and get to use them with NFC by tapping my phone to the nunchuck wallet because I love it. It's just magical. And then, of course, Nodeless .io, a simple, no obligation, no KYC way to accept Bitcoin directly in your online store, your fundraiser, or your project, or whatever you want to set up. Understand, if you use my link to check these guys out, this actually helps the show because they know that I sent you there. They know that people are hearing about them and checking out their products and services. So if you want to check out any of our sponsors, the links will be in the show notes. Now today's read, I'm a little bit behind on this. I wanted to get this out earlier, but this is another amazing read from Axiom BTC. The previous was their announcement piece, Capital in the 21st Century, and talking about moving to the Bitcoin as the standard, as the unit of account. And I thought it was a really, really great piece, and I loved the framing, and I've been very, very interested to stay up on what these guys are doing. And the last piece was written, I think, exclusively by Alan Farrington. I can't remember. I'll have the link in the show notes where all the details are. And this one is by Théo Mongeau. And this one is about how Bitcoin can completely change the plumbing, the foundation, the base of the global financial structure, and that there is actually a path to Bitcoin, even in its volatility, being the best option for short -term cash holdings. If that sounds crazy to you, you are absolutely going to want to listen to this piece. So with that, let's go ahead and get right into today's article. And, it's titled… Orange is the New Green By Théo Mongeau The Emergence of Bitcoin Money Market Funds Introduction The transformative power of Bitcoin as a savings technology is now widely acknowledged. No other asset class in history has been able to rival its long -term returns, underpinned volatility, and the commitment of its holders to long -term accumulation. During a recent interview, legendary investor Stanley Druckenmiller shared an insight he gained from Paul Tudor Jones II, perfectly illustrating this dynamic. When Bitcoin's price plummeted from $17 ,000 to $3 ,000, an astonishing 86 % of those who acquired it at its peak did not sell. This steadfast HODL mentality is vividly illustrated in the HODLwaves chart, as shown below in Figure 1, a graphical representation of Bitcoin supply categorized by time held. The chart demonstrates the gradual reduction in circulating supply as long -term holders transfer their coins into cold storage. This process explains in part Bitcoin's appreciation, but also its characteristic volatility, as a significant influx of capital into an asset with a fixed supply naturally leads to pronounced price swings. That said, I believe there is a plausible scenario in the medium to long -term in which Bitcoin absorbs short -term cash balances. To be clear, this would be before attaining anything like the status of a global unit of account, and despite its seemingly disqualifying volatility relative to fiat competition. This may seem self -contradictory at first glance, but I believe that by introducing Bitcoin into a flawed incentive structure and teasing out its less -than -obvious properties, a compelling solution emerges, incentivizing holders of cash balances to actively contribute to Bitcoin's adoption. This article delves into this intriguing prospect. It commences by dissecting the challenges faced by holders of cash balances. Subsequently, it explores how Bitcoin can offer a deposit facility superior to existing alternatives. I conclude by examining current prototypes of Bitcoin money market funds and contemplating alternative designs. Unlike quote, basically risk -free crypto yield products, throughout the article I will draw attention to the intricate trade -offs integral to designing the types of product discussed.
Discerning Hearts - Catholic Podcasts
A highlight from IDL84 Part 3 Chapter 40 Introduction to the Devout Life by St. Francis de Sales Discerning Hearts Podcast
"Part 3 Chapter 40 of the Introduction to the Devout Life by St. Francis de Sales. This is a Discerning Hearts recording read by Corey Webb. Chapter 40 Councils to Widows Saint Paul teaches us all in the person of Saint Timothy when he says, Honor widows that are widows indeed. Now to be a widow indeed it is necessary, one, that the widow be not in body only but in heart also. That is to say, that she be fixed in an unalterable resolution to continue in her widowhood. Those widows who are but waiting the opportunity of marrying again are only widowed in externals, while in, will they have already laid aside their loneliness. If the widow indeed chooses to confirm her widowhood, by offering herself by a vow to God, she will adorn that widowhood, and make her resolution doubly sure. For the remembrance that she cannot break her vow without danger of forfeiting paradise, will make her so watchful over herself, that a great barrier will be raised against all kind of temptation that may assail her. Saint Augustine strongly recommends Christian widows to take this vow, and the learned Oregon goes yet further. For he advises married women to take a vow of chastity in the event of losing their husbands, so that amid the joys of married life they may yet have a share in the merits of a chaste widowhood. Vows render the actions performed under their shelter more acceptable to God, strengthen us to perform good works and help us to devote Him, not merely those good works which are, so to say, the fruits of a holy will, but to consecrate that will itself, the source of all we do, to Him. By ordinary chastity we offer our body to God, retaining the power to return to sensual pleasure, but the vow of chastity is an absolute and irrevocable gift to Him, without any power to recall it, thereby making ourselves the happy slaves of Him, whose service is to be preferred to royal power. And as I greatly approve the counsels of the two venerable fathers I have named, I would have such persons as are so favored, as to wish to embrace them, do so prudently, and in a holy steadfast spirit, after careful examination of their own courage, having asked heavenly guidance, and taken the advice of some discreet and pious director, and then all will be profitably done. Two, further all such renunciation of second marriage must be done with a single heart, in order to fix the affections more entirely on God, and to seek a more complete union with Him. For if the widow retains her widowhood merely to enrich her children, or for any other worldly motive, she may receive the praise of men, but not that of God, inasmuch as nothing is worthy of his approbation, save that which is done for his sake. Moreover, she who would be a widow indeed must be voluntarily cut off from all worldly delights. She that lives in pleasure is dead while she lives, Saint Paul says. A widow who seeks to be admired and followed and flattered, who frequently balls in parties, who takes pleasure in dressing, perfuming, and adorning herself, may be a widow in the body, but she is dead as to the soul. What does it matter, I pray you, whether the flag of Adonis and his profane love be made of white feathers or a net of crepe? Nay, sometimes there is a conscious vanity, in that black is the most becoming dress, and she who thereby endeavors to captivate men, and who lives in empty pleasure, is dead while she lives, and is a mere mockery of widowhood. The time of retrenchment is come, the voice of the turtle is heard in our land. Retrenchment of worldly superfluity is required of whosoever would lead a devout life, but above all, it is needful for the widow indeed, who mourns the loss of her husband like a true turtledove. When Naomi returned from Moab to Bethlehem, those that had known her in her earlier and brighter days were moved, and said, Is this Naomi? And she said unto them, Call me not Naomi, which means beautiful and agreeable, call me Mara, for the Almighty hath dealt very bitterly with me. I went out full, and the Lord hath brought me home again empty. Even so the devout widow will not desire to be called or counted beautiful or agreeable, asking no more than to be that which God wills, lowly and abject in his eyes. The lamp which is fed with aromatic oil sends forth yet a sweeter odor when it is extinguished, and so those women whose married love was true and pure give it a stronger perfume of virtue and chastity, when their light, that is, their husband, is extinguished by death. Love for a husband while living is a common matter enough among women, but to love him so deeply as to refuse to take another after his death is a kind of love peculiar to her, who is a widow indeed. Hope in God while resting on a husband is not so rare, but to hope in him when left alone and desolate is a very gracious and worthy thing, and thus it is that widowhood becomes a test of the perfection of the virtues displayed by a woman in her married life. The widow who has children requiring her care and guidance above all in what pertains to their souls and the shaping of their lives, cannot and ought not on any wise to forsake them. Saint Paul teaches this emphatically and says that those who provide not for their own and specially for those of their own house are worse than an infidel, but if her children do not need her care, then the widow should gather together all her affections and thoughts in order to devote them more wholly to making progress in the love of God. If there is no call obliging her in conscience to attend to external secular matters, legal or other, I should advise her to leave them all alone and to manage her affairs as quietly and peacefully as may be, even if such a course does not seem the most profitable. The fruit of disputes and lawsuits must be very great indeed before it can be compared in worth to the blessing of holy peace. Not to say that those legal entanglements and the like are essentially distracting, and often open the way for enemies who solely the purity of a heart which should be solely devoted to God. Prayer should be the widow's chief occupation. She has no love left save for God. She should scarce have aught to say to any, save God. And as iron, which is restrained from yielding to the attraction of the magnet, when a diamond is near, darts instantly towards it as soon as the diamond is removed. So the widow's heart, which could not rise up wholly to God or simply follow the leadings of his heavenly love during her husband's life, finds itself set free when he is dead to give itself entirely to him, and cries out with bride and the canticles, Draw me, I will run after thee, I will be holy thine, and seek nothing, save the savior of thy good ointments. A devout widow should chiefly seek to cultivate the graces of perfect modesty, renouncing all honors, rank, title, society, and the like vanities. She should be diligent in ministering to the poor and sick, comforting the afflicted, leading the young to a life of devotion, studying herself to be a perfect model of virtue to younger women. Necessity and simplicity should be the adornment of her garb, humility and charity of her actions, simplicity and kindliness of her words, modesty and purity of her eyes. Jesus Christ crucified the only love of her heart. Briefly, the true widow abides in the church as a little March violet, shedding forth an exquisite sweetness through the perfume of her devotion, ever concealing herself beneath the ample leaves of her heart's lowliness. While her subdued coloring indicates her mortification, she dwells in waste uncultivated places, because she shrinks from the world's intercourse, and seeks to shelter her heart from the glare with which earthly longings, whether of honors, wealth, or love itself, might dazzle her. Blessed is she if she so abide, says the holy apostle. Much more could I say on this subject, but suffice it to bid her who seeks to be a widow indeed, read Saint Jerome's striking letters to Salvia, and the other noble ladies who rejoiced in being the spiritual children of such a father. Nothing can be said more, unless it be to warn the widow indeed not to condemn or even censure those who do resume the married.
Tech Path Crypto
A highlight from 1275. Ethereum ETF Launches! | VanEck Predicts $11,000 Ethereum
"All right, so let's roll into the ETF futures launch today. It has happened. This is going to be a big episode for you guys. You don't want to miss this one. If you're an Ethereum lover or maybe you're just trying to venture into crypto for the first time and you're finding out, hey, there's an ETF futures out there on this thing. We're going to teach you a little bit about that. My name is Paul Baron. Welcome back in The Tech Path. Let's talk a little bit about Ethereum, some of the projects it could affect, and also its future. That's what we're going to try to break down for you. I think you guys are going to like this. James Seaford, he's been on our show before, one of the ETF experts over at Bloomberg. He tweeted, updated version reflecting the change due to the end of the Kelly and Hashtag's partnership will just be the Kelly ETF's product. And he kind of breaks it down. But the point is, is you've got the ETFs that have launched here with VanEck leading the way right now. Of course, we've got a whole litany of these starting to roll out now. So this is going to get interesting around the ETFs as when it comes to the futures ETF for Ethereum. And we'll show some stuff on this and how this plays out. But very, very interesting. So further over here, here's kind of just the layout of the VanEck. Obviously the cheapest total expense ratio at about 0 .66. So one of the lowest fees out there in being able to get into an ETF for sure. VanEck also is starting to do a little bit of advertising. This is kind of interesting with them actually starting to promote an Ethereum ETF future. This is crazy. So truly, and this is obviously institutional finance, so good stuff out there. I want to play a clip of them talking about this. Let's go to that. Ethereum has emerged as the system for an age where connections are no longer bound by location or space. We're not just using the network. We are the network. So when you're ready, enter the ether. Now you can tap into Ethereum's potential with the VanEck Ethereum strategy ETF, EFUT. All right, there you go. Big, big news because that is mainstream advertising. And when you get into mainstream advertising, it means you're going to be getting into mainstream investing and investing is going to start to shift that. That's why ETH and this ETF is such a big thing. It's why we're seeing a little bit of movement on Ethereum itself. VanEck, of course, their Twitter account says, what sets the EFUT apart? Typical ETF setups don't give futures, good tax benefits. C Corp is set up now designed to have potential for better performance after taxes for people who invest in a long time. So there are some apparent tax benefits here that VanEck, of course, is touting. So if you are in that case, make sure and, you know, investigate it. Let me know what you guys think. Further into this, just to show you where you can get this, now you can invest through your brokerage account in Robinhood, SoFi, Charles Schwab, E -Trade, Fidelity, pretty much anywhere you can buy EFUT. So easy to do and easy to get into. I want to go to this next clip right here that kind of breaks down a little bit further into what VanEck is trying to do with Ethereum as a whole. And this is Mr. VanEck himself What do you see coming in the crypto space that you thought it was important enough to get your firm that was established in the 50s moving towards this new area? Talk about Ethereum and there was CryptoKitties and all the potential of the blockchain. It felt like a lot of talk back then and a lot of PowerPoint presentations. But over the last three years, especially this year, I mean, it's just amazing how many software projects are not only coming to the market, but also upgrading in a very significant extent. And that includes Ethereum. I see three major areas of finance being potentially disrupted. One is the banking and brokerage. The second is payments. And the third is banking and lending. I think the larger point is that Ethereum is the leader and Ethereum is making enhancements, if you will, to its software. And so it's getting better over time. I like the fact that we're starting to see real business people recognize what's happening because this is one of those things that happens in those early curves. And that I think VanEck is obviously all in. But there's many of them that are all in on this. And that's including companies like Fidelity. You look at what ARK and Cathie Wood has been talking about in terms of Ethereum growth. So where is Ethereum going as a whole? Well, here is a report by VanEck talking about Ethereum's price prediction. And this was $11 .8K by 2030. Now, I want you to think about that because Ethereum right now trading around $1 ,700. And look at that kind of growth in a very short period of time. We're talking about 2023, end of right now as we're recording this video. That's an accelerant that's pretty heavy. Let me go through a couple of things they highlighted in the report. So it's revenue rising from an annual rate of $2 .6 billion to $51 billion in 2030. Big move. ETH takes a 70 % market share amongst smart contract protocols, which implies a token price of around $11K by 2030, which we discount to around $5 .3K today. So that's what they think the core value is. And then we value Ethereum by estimating cash flows because they're kind of treating the chain much like a business would be treated in terms of revenue and et cetera. A couple of points here that they look at here in their revenue price targets. You see the base case, bear case, and then the bull case. $11 .8K right there on the base case. $3 .43K on the bear case 2030. And then a $51K bull case. That's $51 ,000 per token right there on the bull case. So a lot in terms of confidence around what this is in terms of Ethereum as a whole. There was a We introduced a novel revenue item called security as a service, which is interesting, which is going to help businesses will be utilizing security through the ETH ecosystem to enhance, obviously, security around businesses themselves. So another big advantage there. Since ETH is a bearer asset, ETH can be locked behind some businesses or protocol guarantees to act honestly. So it's another way for how blockchain is permissionless. And it makes it easier for so much of what we see in Web2 to be completely revamped in Web3, which is what Van Eck was talking about there around blockchain and what Ethereum is doing in the banking space, the investment space, tokenizing a lot of things that we typically have to have these intermediaries to be talking to. Further into this report, we assume that 5%, 20%, and 10 % of the finance, metaverse, media, and tech infrastructure activity will move on chain. And what they're looking at is the base case, bull case kind of scenario that plays into finance, metaverse, and media, which is kind of an interesting mix between those. But media, we've talked about one of the reasons we do what we do. We believe that media is going to be moving on chain in the future. Further into this, let's see, we have one more couple of points here. Yeah, all right. Base case 2030 price target $11 .8 to Dermot valuation today's dollars. And then we find today's discounted price to be around $5 ,300. So not a bad value if you're looking at the overall on this. Let's go over to another clip here. And the other clip I want to get into is Matthew Siegel and kind of how they got to this level. Listen in. We're seeing a base case for 5 % or so of revenue banking is applied in some way to crypto and public blockchain. So that'd be the base. And so we dial it up a notch to 10%. Likewise, we do the same thing with each of the other categories, metaverse infrastructure, the bear case, we pull that down to 1%, 5%, 1 % respectively. And the idea behind that is that we see regulatory climate or adoption curve failing in each of those from the bear, hyper bear scenario. Not only is like the end markets not using blockchain, but Ethereum has a very small market share. Our assumption in the base and in the bull case is there's thousands of interchangeable L2s that don't have any real way to differentiate themselves. And so in that kind of scenario, you can see the cut rate that Ethereum can take of those settlements would be much, much higher or the underlying businesses. In our base case, we assume that Ethereum will take 70 % market share of all open source blockchains. And when we do our models on Solana, like that, our base case is that Solana takes 70%. And then we see what type of upside we get when we put in those assumptions. And we look at owning each of these tokens is basically we're owning a bunch of call options that each protocol will become the dominant protocol, even though it's impossible that they all could do so. And then we manage our position size based on what type of upside we see. Most of our deep dives have been on either layer ones or application specific. We have not done one of these models for L2s. And I think there's just more uncertainty around how that's going to play out. All right. So those were the VanEck analysts breaking this down that were part of that report that we just showed just a minute ago. So both of them kind of indicating that obviously ETH in a very bullish case, also Solana in a very bullish case. So another thing that is happening within VanEck, which is kind of interesting, is this right here. So they announced, let me kind of zoom in on this for you guys, that they intend to donate 10 % of our ETF profits into Protocol Guild for at least 10 years. So Protocol Guild obviously designed to help the ETH ecosystem develop, prosper, build on new Ethereum projects that are really kind of growing the ecosystem. So that is a pretty big statement, but it's also kind of investing in the infrastructure. It's interesting because you didn't really see that happen during the evolution of Silicon Valley, which is kind of where I case what's is we're in that kind of zone. They talked a little bit more about it. I'm not going to buy ETH Futures ETFs, but if I was, I would buy VanEcks mainly because they're doing what they should be doing, and that is supporting the industry and supporting where the growth is going to come from. So that's always benefited. I think the interesting thing there is that the space likes it. Here's Eric Balshunis, and they're off. ETH Futures Derby underway. VanEck is in slight early lead. Although it looks like a few of them are not necessarily out of the gate. We'll post updates as we go. VanEck, of course, leading the way right there and you've got Valkyrie coming in with a little bit of activity as well. VanEck with their low fees and what they're doing as an overall strategy might be the winner here. Remember, they were the first one. So it goes back to first mover. If you look at the current ETH Fut, of course, it's very early trading, but you can kind of see the big boom and then a little bit of a slight down where they are holding right around $16 .91. So interesting stuff. Let's go over to this next clip. This will break down a couple of things, I think, when you really consider what the store of value argument is around Ethereum. Let's just play this next clip. You'll get what I'm saying. So the whole exercise of the store value discussion is a little bit, you know, I really have to put a big caveat in there because what I'm really doing is mind reading. I can't point to a statistic and say, people, there was no poll that says I bought Bitcoin because it's a store of value. Things could be built on top of Bitcoin as well. And maybe they're just saying, oh, no, actually, I think Bitcoin's the best smart contract software. So I'm not a mind reader. So these are kind of generalizations and best guesses based on the narrative. And if you look at the transactions, on -chain Bitcoin transactions are about $400 ,000 a day. And that hasn't changed a lot over the last several years, which I think is interesting. But if you look at Ethereum, the Ethereum transactions, the total amount of transactions on the Ethereum blockchain is in the trillions annually now. That's a big number. Ethereum is the most famous. Solana has performed really well this year. I actually think that will continue next year. That category of digital asset tokens has been the best performing this year. We think that's kind of accessing the blockchain and that's the space that we're most interested as a firm. All right. Well, it's good to know. I mean, because I think they hit on both the tokens that we like, which is Solana and ETH. And if you do look at Bitcoin's transactions that it was mentioning there, and I meant to say Bitcoin transactions, but this is the one year and if you just go out to the three year, there has been a little bit of an uptick here. But I think some of this has been the idea of where all of this is going, because just in the essence of what is happening in crypto in general, it's starting to accelerate in a big way. And what he mentioned there, meaning Van Eck mentioned, is that the explosion has been happening around Ethereum. Of course, if you look at Ethereum's transactions, almost same period of time, you see the kind of movement that we're talking about here all the way back from 2019 right there into 2020, all the way to where we are right now, which is in the depth of a bear market. We are in the depth of a bear market when all this is happening. And when NFTs are dead and all those kind of things that really cause pain in the ETH that's ecosystem, the kind of transaction levels that we're continuing to see. Now, other things that are driving this, there's been a couple of projects that have launched here recently. One, of course, is Pudgy Penguins. We did a full report on this, but Pudgy Penguins ran a live shopping experience on TechTok. And there are some interesting things within this that is going on. And what I want you to think about is just forget that it's Pudgy Penguin, I just want to think about retail in general, because retail in general is going to start to implicate. Now, obviously, a Pudgy Penguins project, they're very native to what's happening in crypto. But the cool thing is, is direct sales, they have some key insights. Let me zoom in on this for you. Direct sales showcase products, increase discoverability, audience engagement, global reach. Any retailer out there, especially direct consumer, etc., would love those kinds of insights coming out of something in terms of a digital campaign. So, big deal. A couple of things that came, they did a pin appeared, allowing viewers to add the featured toy to their cart and then check out directly within the app. Remember, this is the digital version of the NFT. And then Pudgy Penguins received over 33 ,000 likes. TechTok Shop recently launched in the U .S. It was available through parts of Asia and the United Kingdom. And then live shopping is expected to reach around $235 billion in sales this year in China. That's insane. And then Pudgy Penguins obviously is a unique position to leverage TikTok Shop to expand their brand. This will grow globally for them, but I think what you're going to see is more retail and also more projects that understand how to leverage all of this. Remember, this is all riding on Ethereum. So, it plays right into the hands of think of what's happening here. So, it's not all friendly Penguins. Now, we've got the Swiss bank UBS launching tokenized money market fund on ETH. And I think this is just one of those things. They're doing an exploratory initiative, but they are going to go through traditional financial institutions, fintech providers, etc. Further into this, you get Ethereum applications from the New York Stock Exchange to the SEC. All of this riding on Ethereum. This is the point that I talk about often, and that is this whole adoption curve. Many people think it's that slow curve, and then all of a sudden it's just straight up. I don't know if we're there yet, but what I am thinking is that there's so much activity in this space and the timing through this bear market has been so suppressive of some of these digital assets that we could be right there on the cusp of an explosion. Now, obviously, there's a lot of other things that have to happen. Some of the things that could happen to cause that kind of explosion are things like this. Is BlackRock's next to file for a spot ETF? That would be huge. If BlackRock said, we're going to go the Ethereum route as well, absolutely massive for the ETH ecosystem. So, for sure. Now, this was an interesting statement. Ripple effect of grayscale decisions is massive. SEC would have faced similar legal challenges for denying ETH futures and ETFs. By approving ETH futures, ETF, now the SEC is effectively conceding that ETH is not a security. This will no doubt impact the Coinbase and Binance litigation. All of that starts to play into this. You start to get a picture of this global reaction that is going to happen within this ETH ecosystem. And I think this is the kind of thing that starts to put you in a position where you can really start to leverage against these. Now, it's not all beautiful, but this was Dave Levine. He talks about this whole ETF futures thing as a scam. I want to play a clip for you. Listen to what he had to say. Do not be fooled by the news that there is an Ethereum ETF. There is an Ethereum ETF, but it's not buying Ethereum. In other words, Bitcoin went up 35%. It's a pretty big game. But if you bought the fake ETF that is not buying Bitcoin, you only went up 14%. So where did that other, where did 50 % of your gains go? They're lying in the pockets of the bankers. Again, it's supposed to be protecting investors. You know, that's why I call these ETFs a scam and they use the name Bitcoin to say what you're buying and it's not what you're buying and it's guaranteed to underperform. I mean, what is the definition of a scam, right? He is a hired gun to do that stuff, right? And the, and the court ruled on it. They said that the SEC loses on all counts because its case and its, and its, uh, its arguments are capricious and incoherent. And there is this risk that, you know, ETH goes up so much, so fast. The Wall Street bank that is trying to track the price because they don't actually own ETH can't actually track it because whatever they're holding doesn't go up anything close as much. And then they go bankrupt because they can't meet the obligations. Believe me, if some Wall Street bank goes bankrupt because ETH goes up or Bitcoin goes up so much because they were playing games and they got exposed, they're going to blame crypto, not their shenanigans. So the whole thing stinks. Coinbase has a thing, it's called stand with crypto click. It tells you who your Congress person is, gives you a little script. I went off script and gave them an air full. Do it. All right. So he hits on a few things with point with these future ETFs is it happens in all markets. This is, this is just one of many out there that are non crypto related. It's obviously being crypto related. So I would dispel the fact that these are scam. These are yes, they're high fee scenarios. There are other ways to invest in these assets, but people look at this in a different way. Mainly this is mainstream investors wanting to go in on these assets and they're not ready to open an account with Coinbase or other things like that. But he did mention something at the end and that is stand with crypto. Listen, this, if you're not already doing it, you should be doing it. Go out and just hit stand with crypto. You can call your Congressman, email your Congressman and it helps you kind of go through the process of letting people know where you stand on all of the 16 ,000 contacts right now at the Congress. So huge, huge movement here. 150 ,000 crypto advocates. This is going to be a big part of next year because next year we are talking about an election year. So it's going to be huge. So definitely. Now if you are interested in buying ETH directly, you can actually do this in a traditional finance way right through the Fidelity app. So check it out if you're not a Fidelity customer. They're not a sponsor, but we've used it, we've tested it and it's fantastic. So that's another way to go. All right guys, we're going to wrap that one up from here. One thing to remember, and I'll leave you with this, this is Mr. Patrick McHenry hitting it in right there home. And that is SEC Chair Gensler refuses scheduled commission vote to provide Congress with requested documents. They are talking about the first subpoena to the SEC ever. That would be huge in the way of who knows what they'll find. What would we see in the way of bipartisan, you know, enforcement that we've seen the FCC pretty much put at will to go out. This may play its course right now with Patrick McHenry. He's not playing around anymore. We'll see how it all plays out. But you guys know what to do and that is join the diamond circle so you can follow what's playing it out. Not only the legislative side but also taking a look at some of the projects that we break down and of course some of our additional content including our Web3 podcast over there with Kyle. We do a We'll leave a link down below if you guys want to catch me on Twitter. It's out there at Paul Baron. We'll catch you next time right here on Tech Path.
Tech Path Crypto
A highlight from 1274. Shutdown Delayed, Uptober Begins | Crypto Market Outlook
"All right, so here we are. It is October, October. You get the message here. We're going to dive into that today and find out if Bitcoin and some of these great crypto assets are actually on the move or we're going to get a correction here. We'll break it all down for you guys today. My name is Paul Bearer and welcome back in to Tech Path. All right, let's jump into it. Before we get started, let's go over to iTrust Capital. If you guys are looking at doing some long -term holding on your crypto assets, one of the ways you can do it is through a crypto IRA. So check it out right here, itrustcapital .com. It's the number one crypto IRA platform in America right now, $7 billion in transactions, 200 ,000 accounts created. Definitely, they are killing it over there. Use our link down below. It's going to give you a $100 funding reward. And of course, we get a little help from iTrust to help you guys continue to see this content for free. So that's one of the ways you can help us out. All right, let's get into a couple of the notes today and really kind of talk about where and what has been happening over the weekend. Obviously, Bitcoin's been up. Most of the top 20 have been up. And for the most part, we've even seen some of the Web3 projects also get some good positive action. So what's causing that? Obviously, the biggest issue was the, I guess, the scenario that played out right now over the weekend where we actually came to an agreement, somewhat of an agreement, to not shut the government down, which is always helpful. Kobe Easey comes in and says, breaking Senate vote approved the short -term funding bill to keep the U .S. government open till November 17th. Not bad, 45 days away. This bill includes $16 billion in disaster funding and keeps the U .S. government open for 45 more days. The U .S. government is seeing a new crisis every month now. What's going to happen in 45? I think that's the big question right now everybody's asking is, do we see maybe the month of October as our correction month? And then we have to kind of go into a realization that we're back to where we started. Love to get you guys' feedback on that. What do you think is going to happen here in the month of October? Drop some comments down below. Make sure and smash the like button because it does help us get into the algorithms and help other people kind of explore what's happening in the market. Let's listen to what Mr. Chuck Schumer had to say about this. Let's play this clip for you guys. It's been a day full of twists and turns, but the American people can breathe a sigh of relief. There will be no government shutdown. Democrats have said from the start that the only solution for avoiding a shutdown is bipartisanship. And we're glad that Speaker McCarthy has finally heeded our message. In the end, more Democrats supported this bill in the House than Republicans, proving bipartisanship was the best answer all along. I want to thank my colleagues here in the Senate, especially our appropriators, yourself, Madam President Susan Collins and Leader McConnell. Our bipartisan work in the Senate set the tone for the bill we're about to pass. Our bipartisanship made this possible and showed the House that they had to act. All right. So you saw a couple of things here with Schumer, and that is the whole scenario around the bipartisan approach. A lot of Dems had to come into play on this. Obviously, the Republicans were the ones that were seemingly holding a lot of this back. Now you even have Gaetz really pushing hard against McCarthy, trying to dispose him as the speaker. There's a lot happening there, and it's going to continue to push forward into next month when all of this has to go right back to the drawing board and redo this. So this could get a little up and down. And especially I'm concerned with November because of the scenarios that we will see in both the jobs numbers, the Q4 will start to play out in the sense that we'll start to see what's happening in the markets itself. And it could be a very bad timing for this to occur again. So hopefully this all gets corrected and playing into it. Let's listen to what Squawk Box had to say about this and the impact it might have on the markets. Listen in. Joining us now is Jared Bernstein. He is the chair of the President's Council of Economic Advisers. And Jared, let's talk about this. We have a deal that nobody really expected we'd see. So we made it through this weekend. But what happens in the next 45 days? Well, first of all, good to see you, Becky. This is good news for the American people in the sense that an unnecessary crisis that would have inflicted pretty deep and wholly unnecessary pain on millions of Americans has been averted. That's good news for over 1 million active duty troops, for over 7 million women and kids who risked lacking nutritional support for travelers because of the reauthorization in this bill of the FAA and disaster relief that was also in this continuing resolution. But it did not have to happen. I think what you just played from the president is, of course, exactly right. He shook hands. He had a deal. In fact, there was a law passed with McCarthy back in in June, in early June at the end of the debt ceiling debate that was designed specifically to avoid this Senate. All right. So, you know, they kind of take doing their victory lap, even though I think it's a little bit premature. But the point is, is that there was a huge economic disaster that was averted. So I think that's the positive news. Obviously, the markets responded in such ways that have helped adjust for that as well. But that's not necessarily all of it. We've also seen some other implications coming across from external resources out there in the markets that have caused a little bit of this movement. I think the question everybody's asking now is, is Bitcoin going to continue higher or are we going to start to see Ethereum start to adjust now? Do we see some of the projects like Solana, Avalanche, etc. start to really fly? We'll break into all of those. So don't miss those. We'll look at some charts for you guys as well. I want to go over to a couple of stories here. Why Bitcoin prices up today? A couple of points that were hit on here. US shut down a version, obviously, and also the ETF launches. Now, that is the opportunity. Because remember, Ethereum ETF launches today. And the other idea around this is that when you look at not only the Bitcoin opportunity for ETFs, by the way, if you're not following our market sentiment indicator, you guys should because we are tracking both the Bitcoin and the ETF, the spot ETF sentiment as a whole. It's interesting to see that sentiment kind of go up and down. But the point that they're hitting on in this article is that October is historically one of Bitcoin's best months and is often called October, named in today's video. Bitcoin's October overall. You can kind of see the rundown right there. That green line right there, as you can kind of see where I'm waving my cursor, almost all green over the years going all the way back to 2013. So not bad. Nearly 43 million worth of shorts were liquidated. That's another scenario that plays into that. And of course, I think when you look at the general move with what Bitcoin had to do, I think this is going to be an interesting week ahead of us. Now, there's a lot more that could be happening this week that could still maintain Bitcoin around the $27K to $28K range. That will be a very, very interesting thing to watch because if Bitcoin starts to edge toward around $28K, this is where it's going to get interesting for the future. All right. A couple of things I want to hit on. Right here is Ben Cowen talking about lucky number seven. First green September for Bitcoin in seven years. That's a good sign. But is it a short -lived sign? That's, I think, is really the scenario that plays into this. Sellers have lost momentum. Buyers are now in charge. Target is near the top of the range right now. If it breaks this range that we've been talking about, which I'll show you the chart here in a second, that Bitcoin has been moving to. If you look at just here on the daily, right there is that little high right there around $25 .73 and a little bit. And then, of course, the red candle started to point its way down on the hourly on Bitcoin's move over the last $24. So interesting moves for sure. How are you guys playing this? Is this a zone? Because this has been up and down on the sentiment charts for us. We still see sentiment somewhat waffling with Bitcoin. Not necessarily as much with Ethereum, but definitely with Bitcoin. But the real question is can we hold around this $28K mark, which is where we're hovering right about now. All right. Other things. China's central bank continues to stimulate. So reverse repo injections now at levels not seen since 2020. This is another factor that plays into it. China is starting to inject liquidity. This, of course, causes movements in the markets. It also causes some ripples in the markets as well, because I think China is going to be one that we have to continue to be cautious about in the sense of awareness of what's happening in China, both from a real estate standpoint, but also just from their GDP and their economic growth. Those are the other things that play into this. A couple of reports from Chain Analysis that are kind of interesting here. I thought this would be larger, and it's not. But right now, eastern Asia, fifth most active crypto market accounting for 8 .8 % of global crypto activity. And this is July 22 through June 23. So it kind of gives you a little bit of insight to that. Point is that you do have a significant amount of the market that is in control. Remember, the United States still has a large percentage of what is happening around the world in crypto markets, ironically, without legislation. Can you imagine what is going to happen with legislation and institutional adoption really kind of playing forward? That's where it's going to get super. I think that's when we're going to start to see some big market moves overall.
Evangelism on SermonAudio
A highlight from The People of God
"His people are protected by God. You may think, but Ethan, we look through church history and they're martyred. Yes, because God had chosen for them to go through that persecution and to go through that martyrdom. One of my favorite eras of church history that I've just been in baked with and I'm reading a book right now with my family is through the book and life of Jonathan Edwards. I love the era of the Puritans. When Charles I goes up into Edinburgh in Scotland, if you haven't read these story, they're the covenanters who are these individuals to that refused compromise on the truths of scripture and they covenanted by their own blood thumbprint on a covenant saying, we will stand by scripture alone. Those people were slaughtered in the streets of Edinburgh where historians say that blood flowed through that city like a river. Can you imagine that? Well, God, why would you do that? Look at the example those individuals set because they knew that their life was not their own, their body was not their own and if this isn't God's will for this to happen, then so be it. And the example that they have set for us today and we're like, oh, America is such a bad spot, all borders and this. God's in control, get off your high horse and just trust in God and pray in God. I'm not saying we can't be active in politics, we should be with Christian individuals but how dare you think that we are somehow God's chosen nation as the country of America, we are not. God rises emperors up, he crushes emperors down, he rises civilizations up, he crushes civilizations down and far be it from us to think that this is the bleakest time in history, then you know nothing about church history. But we are still protected by God. Even if our body is killed, Jesus talks about this in Luke, do not fear those who can kill the body but fear those who cannot just kill the body but also the soul and that is Christ. Because we know where our trajectory is, we will enter into that Sabbath rest. His people have no claim to anything of their own. His people, guys, this is the biggest one that if we walk away with nothing else today, his people, you and I, if we're in Christ, we exist for his glory and for his majestic purpose. Why? Because his people were purchased with his own blood. The final three, his people comprise a spiritual family united together in Christ. There's no races, there's no ethnicities, there's no slave, there's no Greek, there's no Jude, there's none of that. We are all together if we are together in Christ. That goes much deeper than any surface level connectivity we have here on the earth. Christ is this glue that melds us together that is only in the unity of Christ that comprises his 1 Peter 2, 9. We are a chosen family. We are the church local here, but then there is the church universal of our brothers and sisters around the world that are sharing in that common bond of Christ. Might we have slight theological variances? Of course, I guarantee in this room we have a hundred different variances in theology, but what we do understand is that salvation is by grace alone, in faith alone, through the work of Christ alone. That is what we know and that is what we can agree on. Last two things. His people will live, die, breathe, eat, and drink, what, for God's glory. Whatever you do, do it for the glory of God. If you're a garbage person, you're taking out garbage and you're thinking, what am I doing, do it for the glory of God. If you're scrubbing the bottom of boat barnacles and stuff like that, do it for the glory of God. If you're a receptionist, do it for the glory of God. If you're a real estate agent, do it for the glory of God. If you're a lawyer, yes, do it for the glory of God. If you're a mom, do it for the glory of God. If you're a father, for God's glory. Everything you do needs to be done to bring exaltation, rejoicing, and majestic glory to God. Do you view God this way? Is that who God is for you? If that is not how you are living your life, if that is not how you view God, then you have made God in your own image. Because the God of the Bible has all power and all authority. Everything in this earth is subjected unto him. With the blink of an eye, a wisp of his hand, this entire universe will cease to exist should God will it. So I don't need to worry about climate change, I don't need to worry about aliens, I don't need to worry about any of this other stuff, because God is in control. We must live this way, glorify God this way, because God is in control. And we must give God glory. And even if you are a person that is bedridden, and you can't get out of bed, and you think that your life is over, one of our elders' fathers is a beautiful testament to this. Faithful man, pursuing after Christ his whole life, and even though he can barely turn, he's still glorifying God. As long as there is breath in my lungs, I pray that we can follow that testimony. That if we find ourselves paralyzed or debilitated or whatever else, that we can still bring God glory, even in the horrific circumstances, we can bring God glory. But we so often get so focused on ourselves, we lose focus of the majesty and glory of God. We must remind ourselves who God is, and we must be completely dependent on God. So we must always begin with God, then work backwards to ourselves. The world tells us the exact opposite. The world says, look deeper into yourself, and you can figure it out for yourself. The culture, news, media, and everything else is continually promoting and encouraging you to dig deeper, and you'll find the true meaning of happiness. Here's what we need to remember. I belong to Christ, I was created to glorify him, I was purchased. That finds so much solace in my own soul. So as we finish up Acts chapter 18, you're like, Ethan, we've got seven more verses, don't worry. Get back into verse 10. I have many people, we answered this. So how long did Paul stay there? Verse 11, he stayed there for one year and six months doing what? Teaching the word of God. That is the priority for Christians. If you're his people, you should have a desire to hear the word of God proclaimed. You should have the desire to read the word of God. Verse 12, here's what's great. When you look at verse 12, down to verse 17, remember what I said in the beginning, when Claudius expelled the Jews from Rome, why did he expel the Jews from Rome? Because they were continually creating an uproar against the Christians. Do you think that the pro -counsel in this province knew that? Yeah, because it was issued by the emperor. And so what happened here? God's promise comes to fulfillment when he says, don't worry about anything. No harm's going to happen to you because I have many people in the city. And then look what happens. The Jews rose up against Paul and Paul's like, here we go again. I'm going to have to defend myself. This man persuades people to worship God contrary to the law. Paul's about to open his mouth. I would love to see his pause probably. And then Galileo is like, he puts them in their place. Not because Galileo was a righteous person, he wasn't a believer, but because he was being used by God for God's purpose to protect Paul. And so this happened, and look at what happens with this. The Jews were so outraged, they took the leader of the synagogue and beat him in front of Galileo. You talk about a flip. Instead of beating Paul, who do they beat? The leader of the synagogue. And no, let me quickly iterate. When you read in 1 Corinthians, this is not the same. So Synaethus, wow, Sophonis, as is mentioned in 1 Corinthians. Sophonis, wow. These are Greek names, I tell you what. But what happened? Galileo was not concerned about anything. So what does this mean for us? As we see that God is continually protecting people. We must understand that the deeper we study God, the deeper we know God, the better you understand who you are. It's not the other way around. It's not starting with yourself. You start with God, you'll know who you are better. Let me say this again, too. If you are in Christ, you are one of his people. No matter what you may think or feel, you are not alone because Christ lives in you. The word that we read, the word that we hear, it gives life. We are owned by Christ. There is no place we can go, no mountain too high or valley too deep. And I leave us with this promise in Romans 8 verse 31. What then shall we say to these things? If God is for us, who is against us? And we as a people of God, God is for us.
The Financial Guys
A highlight from Prioritizing American Families: A Disconnect with Career Politicians with Stefan Mychajliw
"American families are struggling to put gas in their car to pay six dollars a gallon. They're struggling to buy milk and eggs and groceries. People are really hurting in Joe Biden's America. The difference was crystal clear on that debate stage. The vague ramasami talked about his positive America First vision of how he's going to improve the American economy, put money in the pockets of people. Ladies and gentlemen, distinguished guests and my fellow citizens, America's comeback starts right now. We are live with Vivek Ramaswamy, deputy communications director and friend of the financial guys, Stefan Mihailu. Stefan, how are you? That's right. I'm a financial guys client and deputy comms director for Vivek Ramaswamy. I say that's a great one -two punch. That is. It's a great thing. So tell us a little bit about the overall feeling from Team Vivek or the Vivek camp, I should say, about the debate this past week. Well, I actually drove over with Vivek Ramaswamy here to the Reagan Library and there was a mission to do two things. One, let Vivek be Vivek, be presidential, be above the fray. We knew the attacks were coming. We knew the career politicians on that stage were going to attack Vivek Ramaswamy. And why? Because if you're, you know, getting kicked in the rear, that means you're out in front. So we're wholeheartedly expecting attacks from career politicians is exactly what happened. And so I'd be very concerned if a lot of the career politicians on the stage did not attack Vivek Ramaswamy. They did, and we are more than pleased with his sharing of the American people, what his America First vision is to build on the success of Donald Trump, to build on what Donald Trump laid down that foundation with Vivek Ramaswamy as a candidate for president now in 2024. So you mentioned being the hunted, and I talked to you at a different interview about this, but in debate number one, Stefan, people were trying to just learn who Vivek was at that point, right? He had a couple of zingers. He had a pretty good performance in debate one, but as debate one ended, he was getting attacked and mauled by everybody on the debate stage that night. And then debate two, they started right after him right from the get go. And I do agree with you. I think that was a very interesting thing to see. Hey, you know, and I'll tell you, Ron DeSantis didn't take that right. That beating that, or that, that try to take a beating like that. Nikki Haley didn't, Tim Scott didn't, they were going after one, well, two people, Donald Trump and Vivek Ramaswamy on that debate stage. I was really shocked at the fact that now Chris Christie has a potential running mate in his campaign of vengeance and anger and grievance against Donald Trump. And it's Ron DeSantis. Ron DeSantis attacked not only Vivek Ramaswamy, but Ron DeSantis attacked Donald Trump and Vivek Ramaswamy appeared presidential. He's staying above the fray and he's letting the American people know he's not running against Donald Trump or Ron DeSantis or any politician on that stage. Vivek Ramaswamy is running for the American people. So while we were in the green room, basically watching the debate unfold, we were very thrilled that all the queer politicians went after Vivek Ramaswamy and look, it's no different than what the queer politicians did in 2016 against Donald Trump. History repeated itself. The fact that they were going after Donald Trump in 2016 and they're doing the same thing with Vivek Ramaswamy. So let's look at a couple of those attacks that he received, Stefan. Number one was the TikTok, the TikTok attack with him doing a video. Was it Jake Paul or one of the Paul brothers? Many of the candidates on the debate stage had an issue with him doing any type of TikTok due to the China influence with TikTok. Your thoughts on that or Vivek's thoughts on that? Well, look, Vivek Ramaswamy did business in China. He saw how basically dirty and crooked the process was. So what did he do? As he said on the debate stage, he got the hell out. Now compare that with Apple and Nike and LeBron James who stayed in China, who's profiting from China. So Vivek Ramaswamy says all the time he is going to declare independence from America's greatest enemy and that is communist China. And who better to take out an enemy than someone who knows the enemy. And so as far as TikTok is concerned as well, look, Republicans, shockingly, are in the business of basically not playing within the rules and parameters of a campaign and letting Democrats run all over us for the past few decades. The Democrats are on TikTok. That's how you reach young voters. And that's exactly what Vivek Ramaswamy is going to do. Play by the rules and reach young voters. So I want to ask that question because Jake Paul actually tweeted about Vivek this week about this exact issue and I agreed with what Jake Paul said. The majority of young people between the ages of let's call it 12 and 30, their primary platform is TikTok, right? I mean, that's where they are. And was this totally calculated by Vivek Ramaswamy to get into that voting base because everybody's on Twitter, everybody's on Instagram, but TikTok and everyone can have their feelings on TikTok, Stefan. I don't personally love it either, but was this a calculated move? Vivek has feelings on TikTok. He is crystal clear about empowering parents to make sure that kids 16 and under are not on any social media platform, because as he says all the time, we don't like kids engage in highly addictive drugs like alcohol or tobacco at a very young age. And so Vivek Ramaswamy, his president, says he'll do the same with social media, empower parents and make sure they know that their kids are not on any of these platforms when it comes to running for president of the United States, you have to talk to voters in every means necessary. The Democrats are taking advantage of this medium and so too is Vivek Ramaswamy. We're here to win an election and talk to young voters. That's the way he's doing it. Before we get into the specific issues of the debate last night, I do want to talk about two quick things. Number one, what was Team Vivek's thought about the way that that was moderated, the way that the debate went? It looked very sloppy from afar. I was not in the room. I was not there like you were, but it looked very sloppy. It looked very messy with people talking over each other, people going over on their time, the moderators not asking pointed questions, getting lost in the shuffle. What were the thoughts from Team Vivek? Well, look, as a former news anchor, I know how hard it is to basically try and round up feral cats and get them to play by the rules. For the most part, Vivek Ramaswamy did. The most important rule that he honored was Reagan's 11th commandment, speak no ill will of a fellow Republican. That was the most important rule when it comes to either the moderators or the debate platform or being here in Reagan's presidential library. Don't speak ill will of a fellow Republican. Vivek honored that commandment. He talked about his positive America First vision, how he's basically going to increase and strengthen GDP growth, strengthen and protect the border using the US military to bomb cartels, keep us out of World War III, all the other career politicians on that stage just in the same way they treated Donald Trump in 2016. They wanted to attack and attack and attack not only a fellow Republican, but a business owner and political outsider. It happened eight years ago in 2016. It happened again in the second GOP debate here at the Reagan Library.
Discerning Hearts - Catholic Podcasts
A highlight from The Guardian Angels Building a Kingdom of Love with Msgr John Esseff
"Discerning hearts provides content dedicated to those on the spiritual journey to continue production of these podcasts prayers and more go to discerninghearts .com and click the donate link found there or inside the free discerning hearts app to make your donation thanks and God bless discerninghearts .com presents building a kingdom of love reflections with Monsignor John Assef Monsignor Assef is a priest of the diocese of Scranton Pennsylvania. He has served as a retreat director and confessor to St. Teresa of Calcutta. He continues to offer direction and retreats for the sisters of the missionaries of charity. Monsignor Assef encountered St. Padre Pio who would become a spiritual father to him. He has lived in areas around the world serving in the Pontifical missions a Catholic organization established by Pope St. John Paul II to bring the good news to the world especially to the poor. He continues to serve as a retreat leader and director to bishops priests and sisters seminarians and other religious leaders. Building a kingdom of love reflections with Monsignor John Assef I'm your host Chris McGregor. Angels are so much on my mind today to talk to you about and I would like to begin with the guardian angel. I was very much enamored of my angel as a child. Ever since I can remember my brother and I were roommates and we had in our room you know that picture of guardian angel guiding this child across a bridge and we certainly he and I had so many scrapes as children we have some of them in our book but as two boys growing up and we were so companions because I can't remember being my memories go way back but they they don't go back before my brother because I was only a year and a half old when he came along so I always had this companion and so it's kind of easy for me to believe that I have a companion the angel the guardian angel is given to us from the first moment of our conception the guardian angel is interuterine he is given to you from your mother's womb and from the first moment that that egg fertilizes that is for that seed fertilizes that egg that soul that's blown into that person who now is going to be that's the beginning that's the moment your guardian angel begins to protect you and watch over you so he's with you and assists you in your life in the womb because how many more things are being told to us these days about what happens to the child in the womb it's a whole life in there if you're a single birth if you're you know are you my mother tells the story about that what do they talk about when a child is turned around and I was a breach breath I was going to be a breach birth and what happened to me is I got turned around and there's like all kinds of assistance that goes on within the womb guardian angel is right there assisting you in the birthing you know I think so many times we've it's good for a mother to know that that baby is being watched over and protected how that life is there and how the mother loves that baby from the moment that she knows she's pregnant and so the the baby is being watched over and cared for within the womb and then in the birthing your guardian angel comes with you that that angel stays with you from that moment of conception not only until you die but if you fail to go to paradise that angel reminds people on earth to pray for you so often you know some people who are not yet and may be in purgatory and not yet settled in their in their home forever in heaven that angels work is to go to the people on earth or to others to pray for that soul and I really believe that many of us are reminded oh my grandmother or my uncle so -and -so or having a mass offered for so is really inspired by the angel who comes and asks why don't you have a mass said for your dad why don't you have a mass said for your aunt Tilly so that there's there's that reminder to pray for the dead so until that's also because even in the liturgy itself it says at the death of a person may the angel lead you into paradise may the martyrs receive you on your way so as we go into the eternal city the angels are individually created angels do not multiply like humans so therefore if there are six billion people in this universe and each one of us has a specific guardian angel then there must at least be six billion angels God in making angels we always hear scripturally that there are myriads you know what myriads is millions and billions he just makes them and he creates them individually the least angelic creature is greater than any human creation you know after all man is only half spiritual half of him is material or physical he's half animal half spirit so that our bodily part it's no less beautiful it's a creation that we have feet and arms and legs and and we have a sex to us know that individual creation of my body is a very beautiful creation God has made the the marvel of a human body you know when I go to doctors and see especially if a person becomes ill the functioning of a healthy organ and a body is such a magnificent the eye the complexity of what an ear is or what a face is so what a brain is this is a magnificent each one of us who are human have been given this body creation and we have be given a spirit which is that part of us we are a body soul composite so that when we do die it's not only that the soul goes on to live because that's the part of us that will live eternally that's the part of us that's immortal but so is our body going to be so when the body and we believe that it's going to be raised from the dead we believe in the resurrection of the body so that it will participate in the glory of God in heaven forever or in the damnation in the fires of hell or whatever there is for eternal damnation and torture so we do know that we have any we are not made to die we are made to live eternally and because of Jesus who gives us a new life we are called now to live eternally in heaven he has given us the opportunity of salvation when he died on the cross Jesus saved everyone from the time of the cross back to Adam and Eve but they were not able to enter into glory because of Adam and Eve sin so he by his death on the cross brought salvation to every human being from Adam and Eve down to the year 33 and from the third year 33 to the end of time so that the cross is the salvation of all of mankind the desire of God was to save all of the human family each member of that family has a guardian now I'd love to go over that prayer angel of God my guardian dear to whom God's love commits me here so that God has sent an angel to be with me to watch over me to guard and to assist me to enlighten me to inspire me to guide me so this and we usually like to use the word guard because I think each of us is dealing with a lot of hostility in the world in which we live so there's a protective nature to this friend of ours and be careful watch for yourself and these inspirations that we receive daily and how many times you know driving along there's like an inspiration of why don't you take this street instead of that or that some different you slow down here this is like our guardian protecting us and I I often think how important it is to develop that relationship with our guardian angel to become more familiar I developed a very strong relationship with my guardian angel I think I had it as a child I kind of lost it and then it came back to me very early in my priesthood and I remember meeting a long tradition with Carmelite nuns who said to me why don't you ask your guardian angel its name because your guardian angel has a name it's a particular spirit and if you ask your guardian angel what your name is you would be able to become more familiar because you could call him by name and you could become more dependent on him and ask him and and then develop a closer relationship with him because every guardian angel has a nature it's an angelic nature it is hugely powerful and not incidentally every guardian angel is not the lowest rank of angel you could have a guardian angel from the archangel class you can have an archang you can have an angel that's your guardian from the seraphim or cherubim or Thrones I'll talk about those choirs of angels because they have enormous power each one in gradation and they they come according to the power that was given to them in their nature which is vastly different from each other they are all invisible creatures but they are all creatures made by God who have this nature and it's a particular nature I'm starting off with guardian angels because they're the ones I think that we're most familiar with we'll return to building the kingdom of love with Monsignor John Essip in just a moment did you know that discerning hearts has a free app where you can find all your favorite discerning hearts programming father Timothy Gallagher dr.
Timothy Keller Sermons Podcast by Gospel in Life
A highlight from The Professors Disillusionment
"Welcome to Gospel in Life. This month we're looking at directional signposts through history that point us to Christ. All through the Old Testament from Genesis to Jonah, you see signs that point us to Jesus. Listen now to today's teaching from Tim Keller on Pointers to Christ. Verses 15 to 26. Then I thought in my heart, The fate of the fool will overtake me also. What then do I gain by being wise? I said in my heart, This too is meaningless. For the wise man, like the fool, will not long be remembered. In days to come both will be forgotten. Like the fool, the wise must die. So I hated life, because the work that is done under the sun was grievous to me. All of it is meaningless, a chasing after the wind. I hated all the things that I had toiled for under the sun, because I must leave them to the one who comes after me. And who knows whether he will be a wise man or a fool? Yet he will have control over all the work into which I have poured my effort and skill under the sun. This too is meaningless. So my heart began to despair over all my toilsome labor under the sun. For a man may do his work with wisdom, knowledge, and skill, and then he must leave all he owns to someone who has not worked for it. This too is meaningless and a great misfortune. What does a man get for all the toil and anxious striving with which he labors under the sun? All his days, his work is pain and grief. Even at night his mind does not rest. This too is meaningless. A man can do nothing better than to eat and drink and find satisfaction in his work. This too, I see, is from the hand of God. For without him, who can eat or find enjoyment? To the man who pleases him, God gives wisdom, knowledge, and happiness. But to the sinner he gives the task of gathering and storing up wealth to hand it over to the one who pleases God. This too is meaningless, a chasing after, the win. This is God's word. one Now, of the things that an awful lot of people have said is that Ecclesiastes is a great book. In chapter 97 of Moby Dick, I know it so well, Melville says the truest of all books is Ecclesiastes. Thomas Wolfe in a pretty well -known American novel, You Can't Go Home Again, he says, one of his characters says this, Ecclesiastes is the greatest single piece of writing I have ever known, the noblest, the wisest, the most powerful expression of humanity's life on earth, the highest flower of eloquence and truth. There's an awful lot of people who talk like that, say this is the best book in the Bible, this is the truest, this is the greatest. But I can almost guarantee you that none of them felt that way the first time, not the first time they read it. Because what you have when you first read Ecclesiastes, what you're struck with, is a teacher, a professor, as we'll see, in absolute despair. The very first verses, the first few lines of Ecclesiastes go like this, meaningless, meaningless, utterly meaningless, everything is meaningless. And of course, the passage I just read is just the same. And so you have someone in utter despair with the bleakest view of life, and the reason people generally get very confused when they read it, people who are believers, people who believe in God, people who have the traditional faith, they say, I'm confused because it seems like he's contradicting everything the rest of the Bible says. And people who don't believe or have trouble believing or who are not as believing, when they read it, I'll tell you what they say. What they say is, who needs this? They say, this guy is a professor, this is the kind of guy who drinks himself into a raise on the left bank talking about the meaninglessness of life, this is the kind of guy who makes these art films that, you know, are so bleak and terrible that play in obscure little corners of Greenwich Village. Of course, the world has people like that, but most of us aren't like that, we don't see life like that. Who needs this rant? Who needs this pessimism? Now, the reason why it's so confusing is because a couple of things are missed. The first thing is because people don't realize the instructional approach. We don't exactly know who wrote Ecclesiastes, I won't get into the debate, it's debatable that Solomon writes, it doesn't matter because in the very first line, he calls himself a teacher, a word that can mean a professor. And if you read Ecclesiastes, you'll realize that this man, and it's the only book like this in the Bible, this man is running a seminar. He's not lecturing, he's not preaching, like a good philosophy professor, he's running a seminar. He is making you think. He is goading you with questions. Ecclesiastes, unlike any other book of the Bible, is not pedagogy, it's andragogy. Pedagogy literally means child instruction, memorizing, wrote, you see, drill, spoon feeding. Andragogy is a word that means adult instruction. Goading, asking questions, getting people to look at their own foundations, discovering truth for themselves. That's one of the reasons why Ecclesiastes seems so odd. But the other reason it seems so odd is because people, I don't think notice, unless you look clearly and I'm going to try to show you this morning, that the teacher is looking at life all the time. He's always saying, I see, I see, I saw this, I looked at life and I saw this, but he looks at life in two different ways and he goes back and forth between them. Let me show you the first way he looks at life and the second way he looks at life. It'll teach us a great deal. The first way he looks at life, in the first view, let's say how he looks and what he sees and why he sees it. Now, the first way he looks at life is he looks at life under the sun. You notice how three times in this passage, verse 17, 20 and 22, he says, I found this meaningless under the sun. I saw all my work under the sun was meaningless. This is a term that's used 30 times in the book. This is a term that is not used anywhere else in the Old Testament, so it's clearly critical to and very important to the whole book. And what he means by this, almost all the commentators I've ever read agree, what he means by under the sun is life here and now considered in isolation from anything else. Life under the sun is, he says, I'm going to look at the world as if this life under the sun is all that there is. I'm not going to look at life above the sun. I'm not going to think about God or eternity or heaven or hell, see. I'm not going to think of anything beyond. I'm going to look at life as if this is the only life we have, at least the only life we know. You know Carl Sagan in the beginning of every one of his Cosmos PBS segments, in the very beginning you'd hear Carl Sagan's voice come on and he would say, the cosmos is all that is or ever was or ever will be. Now most people are not atheists in the strict sense like Carl Sagan. What Carl Sagan is saying is, this life, this world, there is no heaven, there is no hell, there is no eternity, okay? There is nothing but this life, life under the sun, there's nothing else. Most people aren't atheists. Most people would say, well, I believe in God, but the modern person says, I believe in God or something, but we can't know. We can't know God's will for sure. We can't know about the after. We can't be sure. And so essentially the modern person says, we have got to live life as if this is the only life we know. And the teacher says, deal. I'm going to look at life as if it's the only life we know. That's how he's looking at it. That's the first way he looks at it. I'm going to look at life under the sun. But what does he see? What he sees is absolute inconsequentiality. Now, he kind of looks at it in several ways. He notices the injustice. If you look down, he says, it's unjust. Some people work very, very hard and never enjoy the fruit of their labor, and other people who don't deserve it at all enjoy it. And then he says, and worse than that, it's possible that you could work very hard to accomplish something in life, and then when you die, not only don't you get it anymore, but some fool comes along and takes over, and next thing you know, everything you've worked for is gone. You build an institution. You establish a school of thought. You do some good deeds, and somebody else comes along afterwards and just ruins it. But you see, that all is just, those are all just symptoms. Because up in verse 15 and 16, he really gives you the bottom line. In verse 15 and 16, as I read, he says, the fate of the fool will overtake me also. He says, therefore, this is meaningless, for the wise like the fool will not long be remembered. Now what he's bringing out here is something, again, incredibly modern, but something he's trying to grab you by the scruff of the neck and show you. And we're going to talk about why, but for now, let's say the what. We'll talk about why he's doing this, but right now, let's say what he's looking at. And what he is saying is, a wise life, a wise action, or a foolish life, a foolish action, a compassionate life, a compassionate action, a cruel life, a vicious action. In the end, makes no difference at all. None at all. If it's really true that life under the sun is all there is, if it's really true that when we die, that's it, and eventually the solar system dies, in other words, eventually something will sweep everything away, civilization will all be swept away, it won't make a bit of difference how you've lived at all. And therefore, there is no way, if you realize that life under the sun is all there is, that you can say one action is more significant than another, because it makes no difference in the end at all. Now, that's very bleak, you say. And the question comes up, why, you know, we're all smart people, we walk around, why is it that the average person, and the average person in Western culture who shares the teacher's premise that this life is all we know, but they go on out there and they don't feel that life is meaningless, they don't say one thing is as insignificant as another, that everything is ridiculous, everything is meaningless and vain and futile, no. So why does he, and here's the reason why. He looks at the whole of life, the big picture, and we refuse to. The key is, take a look at this question that he brings out, I have been meditating on this question for some years, and I just saw something this week that I'd never seen before. Here's the question he asks, and he dares you to ask the question. He says, down here in verse 22, what does a man get for all the toil and anxious striving with which he labors under the sun? That's the question. Every word is significant. First of all, he says, assuming that this life is all there is, first of all, he says, what is the gain? What do you get? What is the difference? Now, why do you ask that question? Because he's really showing us that you ask that question about any individual piece of your life, do you not? If somebody says to you, I would like you to go to the corner of so -and -so place, and I would like you to stand there for an hour tomorrow, you would say, for what? Well, the person says, I don't want to tell you, I'd just like you to do it. And you say, no, no, no, no. I want to know what difference it'll make, what gain there will be, otherwise it's a waste of time. You would never do anything. If it made absolutely no difference at all, if nothing came of it at all, you'd never do anything. But the thing that, in other words, we look at every part of our life like that. But the reason that the teacher comes to despair, existential despair, is because he uses a little word in that question that is so critical, and that is the word all. What do you get from the whole of your life? And the reason the average person shares the teacher's premise but does not share the teacher's despair in this world, in this Western culture, is because we refuse to use the word all. See, the average person, I mean, there's probably a lot of people right here listening to this, and you're going to sit through the 30 minutes or whatever, but you would never sit through 30 minutes personally with somebody. If somebody sat down and said, well, what do you believe about life? And you said, well, I'm kind of an agnostic, I'm kind of a, I sort of believe in God in general, it might be true, but the one thing is all we know is that we're here, we don't really know for sure why we're here or where we're going or, you know, we can't be sure. Now, the person says, well, in that case, you must, you have to look at life and say that nothing means anything, that there's no right and wrong ultimately, there's no significance between one action over another, that no one action is more meaningful or more significant than the other. And you wouldn't stand for that. You would say, oh, give me this, I took philosophy 101, this meaning in life, so philosophers need this, philosophers ask the big questions. The average person, the average person lives for the daily things. Sure, I don't know, I'm an agnostic, but I'm optimistic about life, why? Because when I take a boat ride in Central Park, I feel good, it's meaningful. When I hug somebody I love, it's meaningful. When accomplish I something at work, it's meaningful. When I do a compassionate deed as opposed to a selfish deed, it's meaningful to me. I'm having a fine life. You can't throw all this on me, you can't put me back into philosophy class. Now, you know what you're doing? You're refusing to ask the word all. There was an old Mutt and Jeff cartoon some years ago. Remember Mutt and Jeff? And at one place, Mutt, Jeff comes up and there's Mutt, and right in the middle of a street, right in the middle of a, you know, a road, a street, he has built a very, very tall pile of stones, and at the top of the pile of stones, there's a lantern, and Jeff says to Mutt, oh, Mutt, why did you build this pile of stones? Oh, he says, that's easy, so I could put the lantern up there. So that it's up high so that it gives a lot of light. Oh, okay. Why did you put the lantern up there? Well, I want the lantern up there so the cars will see the pile of stones and they won't crash into it. Why did you put the pile of stones there for the car to crash into? Well, so that I could put the lantern up there. Now, what is he doing? It's very simple. He's finding meaning of one part in the meaning of another part, but he's refusing to ask the question, does the whole thing have any use, or is it just stupid? Why do you work? Usually, a person says, I'll tell you why I work, so that I can do things that I like to do. I have avocations, I've got hobbies, I've got leisure, I like travel. Why? Well, that really recharges my batteries. Why? So I can work. See, the lantern is for the stones, the stones are for the lantern, and if you refuse to stand back and say, but what is the whole thing for? What is the whole thing for? How do you know your whole life isn't stupid? That your whole life isn't pointless? How do you know your whole life is not just a very, very large stone lantern in the middle of a highway? How do you know this? Now, here's what the teacher is saying. The teacher is saying, grow up. This is not pedagogy, this is andragogy. Don't be an ostrich. Ask yourself the question. If you would never do one thing, if it made no difference at all, okay, it would be meaningless, it would be a waste of time, unless it made a difference. What difference does your whole life make? What are you living for? What difference does it all make? Now, the average person just does not want to hear this. I had a little conversation with somebody, by the way, I know very well, I'll get back to why I think this was a valid conversation, but it's a dangerous one. I had a conversation not too long with somebody I knew very, very well, and this person had just said, what he said was, he says, you know what, the way you know what's right and wrong is, there's no reasons for it, there's no way to know what's right and wrong, you just have to know what's right and wrong in your heart, and if you know in your heart, then it's right, and then you just need to do it, and that's how you live, that's how you find meaning in life. And I said, well then, what do you say to Hitler? He felt it real hard in his life, and he did it, so that was okay. Oh no, my friend said, well you know, he says, the trouble is, most of the people's hearts in the world know that what Hitler was doing was wrong, therefore it was wrong. And I said, well you know, up to 150 years ago, most of the hearts of the world thought slavery was just fine. Do you think slavery was just fine? No. Why not? And he just looked and he shrugged and he says, you know, these things are so complex, if you think about this, you'll just dig a hole. Now this is a person I knew a very long time, and it was very, very cordial. Now here's the question. The teacher is saying, when someone says, I don't need to ask this question, I don't need to ask this question, what you really are saying is, my optimistic agnosticism, and that's the worldview the teacher is trying to absolutely smash, my optimistic agnosticism will fall apart if I ask that question. It can't deal with that question. It is demolished by that question. It is absolutely inadequate to that question. Optimistic agnosticism. Life under the sun is all there is, but there's moral truth. There's human rights. There's human dignity. Listen, if your origin isn't significant, you come from nothing, and if your destiny is insignificant, you're going to nothing, have the guts to admit that your life is insignificant. And stop talking, as if, on the one hand, you feel like you can poke holes in other people's inconsistencies. You'll poke holes in Muslims who say, I believe in God, but then they do something wrong, or Christians who say, I believe in God, do something wrong. You'll poke holes in everybody else's inconsistency, but you won't look at your own. You know, Jean -Paul Sartre made a very interesting statement. His most famous essay was right after the war, 1946. He wrote his essay called Existentialism and Humanism, and this is what he said. He says, God does not exist, and we have to face all the consequences of this. The existentialist is strongly opposed to a certain kind of secular ethics which wants to abolish God with the least possible expense. The existentialist, indeed, thinks it is very distressing that God does not exist, because all possibility of finding any values disappears with God. There can be no a priori good, since there is no infinite and perfect consciousness to think it. So nowhere is it written that we must be honest. Nowhere is it written that we must not lie, because the fact is we're on a plane where there's only us, human beings. Dostoevsky said, if God didn't exist, everything would be permissible. That is the very starting point of existentialism. If God does not exist, there is nothing within or without that can legitimize any conduct. Now, you know what is very interesting to me? Sartre took this idea, life under the sun is all there is, and you know what he says? He says, don't talk to me in any way that says that you believe that one kind of conduct is more legitimate than any other kind. One of the things that's come out recently, he died in 1980, one of the things that's come out over the last few years is what a misogynist he was. Jean -Paul Sartre was very bad to women, the women he knew, and he was very misogynist, but you know what? Whenever I read the people who accept his premise about life, and then get very upset about it, if he was alive, he would rise up, and he was only 5 '2", so that's, he would rise up, and he would say, please. He would say, you want to be free. You want to say, I am free to do what I want to do. You want to be free. As far as I know, this life is all there is. I'm not controlled by eternity, by moral absence, by God. I want to be free. Then you have got to have the guts to accept the utter meaninglessness of all distinctions. You want to be free, fine, but you have to accept it. Meaningless, meaningless, utterly meaningless, everything is meaningless. Come on. You know, Christians look like real hard -nosed skeptics compared to a view that says, life under the sun is all there is, but I'm optimistic. I have meaning in life. I can enjoy things. I know some things are right, some things are wrong. I know it's better to be compassionate than to be violent. I know these things. Talk about blind faith. Talk about naive religiosity. why Now, is he doing this? Because he also tends to see life, the preacher, the teacher, the professor sees life in a different way. One of the biggest obstacles for people to believe in Christianity is that they think they already know all about it. But if we look at Jesus' encounters with various people during His life, we'll find some of our assumptions challenged. We see Him meeting people at the point of their big, unspoken questions. The Gospels are full of encounters that made a profound impact on those who spoke with Jesus. And in His book, Encounters with Jesus, Tim Keller explores how these encounters can still address our questions and doubts today. Encounters with Jesus is our thanks for your gift to help Gospel in Life reach more people with the amazing love of Christ. Request your copy of Encounters with Jesus today when you give at GospelInLife .com slash give. That's GospelInLife .com slash give. Now, here's Tim Keller with the remainder of today's teaching.
Evangelism on SermonAudio
A highlight from Biblical Motivation for Evangelism
"Well, as Albert already announced, as we give our attention to the study of God's Word this morning, I have been asked to do two special messages on the subject of evangelism this week and next. Today we want to talk about biblical motivations for evangelism, and next week we want to talk about how to pray evangelistically. I know that these are subjects that we have covered many times in the past, but I think it's still very relevant for us to revisit it. If you've been here for very much time at all, you know that we do an evangelism campaign in the fall and in the spring, and we try to shake it up a little bit as far as differences and details specific as to what we encourage you to do and ways we give you to participate in the event, et cetera, but it might interest you to know, am I not able to be heard? No, we're good, okay. So it might interest you to know that we don't really do this just for the sake of the campaign. In fact, our main focus in doing an evangelism campaign every spring and every fall is not because those are the two times a year that we are trying to do evangelism, we do two corporate exercises a year in order to help to both equip all of us and to remind each of us, as Albert pointed out at the beginning, that this is something we should be doing all the time. And that's why sometimes we go knocking on doors, sometimes we go to a park, sometimes we go to the laundromat, sometimes we have you invite friends and neighbors, coworkers, et cetera, and I would just say two things. Number one, with regard to Dan, wherever he went, so just so we're clear, no, Albert did not use my time. He used your time with his long announcement today, but no, I'm just kidding, well, not totally, but anyways. And then secondly, I would just add to what Albert said, which is I'd encourage you to start looking around and the people that maybe not are next door to you, nor down the street from you, but your family, your extended family, your coworkers, your friends, the people you meet at, I don't know, the gym, the bridge club or in your underwater BV stacking hobby group or whatever it is, there's got to be somebody that does not know Christ that you encounter and that you know and that you haven't shared the gospel with or haven't broached the subject of their eternal standing before God in a long time. And that's the person that you just thought of right now that I want you to have in your heart and your mind as we go through a study of a string of texts this morning and talk about reasons why we ought to be motivated to evangelism. You know, we've covered these topics in the past, but the one that we're addressing today is still very, very relevant because the first of all, evangelism is scary and it could cost you something. I mean, it really is. Sharing the gospel of Jesus Christ from the time that I first came to saving faith in Jesus Christ did not cost me a promotion at work, but it did change the way that people looked at me and related with me at work. Now I'm paid to be good. In those days, I was good for nothing. And most of you today are in the good for nothing category, right? That makes you number one, a better witness for Christ in many ways, because you're not the people that get discounted by most of the world as being Christians and sharing the gospel of Jesus Christ because you're paid to do it. You're doing it because not that I'm not doing it because I really want to. So if you didn't pay me, I'd still be here. But if if you if you want from a world's perspective, OK, at the end of the day, your testimony, you may think that if I could just get them to sit down and talk to Pastor Brian, then then maybe they get saved. You know something? Your testimony to them, to the people that you know, to the people that you interact with and relate to every day, every week, every month, every year, you have a more credible testimony with them than I do. I'm somebody they don't know. You're somebody they do know. However, if you start to share the gospel with somebody at work, somebody that works across the hall from you, somebody that you encounter that in a regular basis that cleans your teeth, that does your eye exams, that comes over and does your lawn or whatever, you start to share the gospel with them. And guess what? Yeah, they're going to look at your life different. And yes, it is scary to be more accountable. It is. In a sense, I could just say welcome to my life. And frankly, whether you realize it or not, as a Christian, that is your life. That absolutely is your life. And and so one of the reasons we need to be motivated for this is because it is scary and it could cost you something to stand and point people to Christ and stand up and be publicly identified with Jesus Christ. Not just on the day of your baptism, not just on Sunday when you're together with a bunch of us that are all in that same boat together. But as you live your life through your daily encounters, living for Christ and being recognized as one of his. OK, yeah, that can be scary, but that's the call of Christ, is it not? Is that not what Jesus called the disciples to from the very beginning? I don't just mean Peter, James, John and rest, I mean everybody. Secondly, it's good to be purposely motivated to evangelism and be reminded of this because it does require some degree of preparation. One of the reasons why I think some people are afraid to start to broach the subject is because they know they don't know their Bible well enough to answer all the questions and objections, can I just share with you a little secret? You know why it seems like I know most of the answers to the questions and even can? I mean, Michael, tell you this in class I go, that's a good question. You know what a better question would be and the question you ought to be asking is you want to know why I know that because for the last 30 plus years, that's what I've been doing. That's what I've been doing, and it didn't start when I went to seminary and it didn't start when I became a pastor. It didn't start when I started as a professor. It didn't start in the last week, last month, last year. It started when I first came to saving faith in Jesus Christ. I just started reading my Bible. I started purposely trying to learn my Bible and trying to obey it principle by principle, precept upon precept, book by book, chapter by chapter. And you know something? I mean, you start sharing the gospel with somebody if you can just be a humble servant of Christ and I sit down. Maybe I choose Dave. I sit down and I share the gospel with Dave and Dave goes, what about this? Instead of going, Oh no, Oh no, I don't know Dave's answer to Dave's question. I just go, Dave, that's a really good question. I know the Bible has an answer to it. I'm going to find that answer out and how about I get back to you? Or Ruben asks another question and it seems like a silly question, but all of a sudden I start thinking about it. Go, Oh, I don't know about that and it starts to shake my faith. Ever felt uncomfortable when an unbeliever asks a question that seems to undermine a fundamental faith and you're like, why did I even get into this conversation? I'm no good at this evangelism thing. I'm not going to do it. Can I make you? I'll make you a promise. When your faith gets shaken like that, when you actually study the scripture, you know you'll find. You'll find that God does have an answer. There is an answer. It's right there in the scriptures. You can work through it and find it and all of a sudden, after you had your faith challenged in a way, your faith will be stronger as a result of having been challenged there and found the answer. I know I've done it many, many, many, many, many times. Now, at this point, when you ask me something out in left field and I go, I had a student ask me this week. He's also pastoring. He says, hey, Dr Murphy, can I have a minute? Sure, and so we sit down. He says, this is what this is. Somebody in the church. They're asking about this, and it's some really far off thing in eschatology. He says, how would you answer that? I said, well, first of all, how? How are you going to answer it? He says, well, this is what I'm thinking so far, but I said, well, that's pretty good. I'll tell you this. No, I've never heard that question before, but I do know fundamentally the answer is always going to be going through this way, and this is what the scripture does say. And then as far as yours goes, go do your homework and come back and tell me what you learned and I'll. And I'll go chase it afterwards. You know something? You can't be shaken. Does the do you believe the Bible is true? Do you believe that it has everything pertaining to life and godliness in it like it claims? OK, then then they live and act like it. And don't be afraid to share the gospel with people who might ask questions that you don't know the answer to and don't use your your unfaithfulness to really spend time in scripture and pursue understanding of scripture. You want to know one of the things that have been a free motivation for me for years and years and years to keep studying the scripture is the fact that I committed myself to show up every Sunday and preach and teach to you. That's a free motivation. I mean, it is Sunday comes about the same time every week. Have you noticed now I get a break in the fall of an hour once. OK, and then I lose that hour I gained in the spring. OK, other than that, Sunday comes about the same. You want to know what my Wednesdays, Fridays and Saturdays are full of? The sense of the impending coming of Sunday. So I just work to be ready for it. And when I study the scripture, I know there's an answer. I know there's a point. I believe it's true, and I have never found God lacking answers to any question or objection anybody has ever raised. Never. And if you have trouble finding an answer because you've sat down with somebody and tried to share the gospel with them, well, listen, that's what the elders are for. That's what we're here for. Now I can promise you, Chuck's going to be snarky with you. Dan will probably graciously give you the answer. OK, I'll give you homework and then I'll grade it after you bring it back in and say you got it right or wrong. And Albert is probably a coin toss, but you just ask and we'll help you and then you go back to your friend and you share the gospel. You go back and give the answer. OK, that's that's that's what we're that's what we're talking about. You don't have to have the gift of evangelism. You're not in the 1st century. OK, there is no functional gift of evangelism after the 1st century that was unique to the time frame of the apostles. You want to know why there were miraculous gifts given like and prophecy languages or speaking in tongues and even the sign gifts like healing and administration and teaching. You want to know why those were miraculously bestowed in the 1st century? Because they started a church from nothing. And in order to have elders in the first month of a church's existence, God had to dispense some spiritual gifts that wisdom included and insight and direct revelation from God, etc. Plus, you didn't have the New Testament written yet. So that's unique to that occasion. And you had some people were gifted with the gift of evangelism. But you know what Paul says to Timothy? He doesn't tell him to exercise the gift. He says, do the work of an evangelist. And that's what we're all called to do.
Evangelism on SermonAudio
A highlight from An Example in Good Works and Doctrine
"Titus 2, verses 7 and 8. Titus 2, verses 7 and 8. In all things, showing yourself to be a pattern of good works. In doctrine, showing integrity, reverence, incorruptibility, sound speech that cannot be condemned. The one who is an opponent may be ashamed, having nothing evil to say of you. The grass withers, the flower fades, but the word of our God stands forever. You may be seated. Let's pray as we come to this text of Holy Scripture. Our Father, we pray that you would help us to understand your word. Help me to minister to this dear flock in a way that would be edifying, applicable, and helpful for them. Help me to minister in a way that would be pleasing to you and truly beneficial to those who are in front of me. Help me to have the privilege of seeking to serve this flock well this morning, that you might receive the glory and these people might receive good from your word. Help them to be attentive, to be desirous to hear, to be longing for your word, and that all of us will be doers of your word and not hearers only, deceiving ourselves. And so give us all grace. Help me especially in delivering your word that it would be faithfully applied to this dear flock of Jesus Christ. We pray all this in Jesus' name. Amen. We are now on Titus 2 verses 7 and 8, thinking about now the transition from still probably under the category of younger men. It seems like Titus was probably a younger man, so it seems to be somewhat connected. But now Paul is particularly addressing Titus. Before it was Titus who he was to address older men, older women, how they're to address younger women, and then how he was to exhort younger men. But then now we see Paul by the Holy Spirit particularly addressing Titus. Titus was to minister on the island of Crete and help these churches. And so he was to be an example to them. But before you tune out and say, I'm not a minister, I'm never going to be a pastor, all of us are influencing someone. If you're a father, you're influencing your children. If you're a mother, you're influencing your children. If you're a husband, you're influencing your wife. If you're a wife, you're influencing your husband. If you're a church member, you're influencing other church members. If you're a friend, you're influencing other friends. If you're a son, a daughter, a person that lives in this world, you're influencing someone. And so all of us should be able to take from this text things that we can apply because all of us have influence on other people. And I don't know about you but I want to be a good influence and hopefully all of us want to be a good influence upon other people. Where when they see us they don't see someone to say I don't want to be like that person. I don't want to live like them. I don't want to make decisions like them. I don't want to have their priorities.
Tech Path Crypto
A highlight from 1273. Ethereum Built on Bitcoin | Spiderchain Layer-2 INTERVIEW w/Botanix Labs
"All right, so today we're going to dive into Bitcoin, but not in the normal and usual way. Actually, we're going to break into possibly an alternative for Bitcoin through an Ethereum EVM. We'll talk all about that today. You guys are going to love it. My name is Paul Veron. Welcome back into Tech Path. Joining me today is Willem Schrow, who's coming over from Botanics Labs. So, great to have you. Great to meet you all. Great to meet you, Paul. Hey, Willem. All right. So first, let's get into just in general what you guys are trying to do with Botanics. Give me kind of a breakdown. Yeah. So Botanics is actually a layer two on Bitcoin, but it is fully EVM equivalent. What that means is any of the applications that you see on Ethereum today are now possible on Botanics and are possible on Bitcoin. So with any of the applications, suddenly you will see Bitcoin instead of Ethereum. And so we bring the whole world of the EVM to Bitcoin and we bring the whole world and the capital of Bitcoin to the EVM. So why bring EVM to Bitcoin? What's the core behind it? What are you guys trying to solve in terms of just the overall technical aspect? Yeah, very good question. Well, it went back like a year where we tried to figure out where is this whole crypto infrastructure going to go to 10 years from now. And very interesting, we saw like a paradox play out. On the one hand, you have Bitcoin, which is the biggest market cap and still considered by many the one and real decentralized reserve currency. And on the other hand, you have Ethereum and the EVM with so many applications built on top of it. And how do you fit these two together? And basically what we saw play out is, OK, Bitcoin, almost no applications on top of it. And the EVM, which is what powers Ethereum, is actually where all the applications are built upon. And you can actually take the EVM part and put that on top of Bitcoin. And suddenly you can use all the Bitcoin that you have and you can use it in the applications that you find on Ethereum. OK, all right. Is it a scenario where Bitcoin benefits more or does Ethereum benefit more in this particular scenario? In this scenario, because we are fully on Bitcoin, so the whole protocol will run on Bitcoin, you will use Bitcoin to buy NFTs, you will use Bitcoin to be in DeFi indexes. Bitcoin is here, the big winner, and our applications that we want to bring are really to the Bitcoiners. All right. So I was looking at your website and on the how does Botanics work, and it gets into the spider chain. You know, I'm kind of highlighting that on screen right now. But the question I have for you is the difference between the spider chain and what Layer 2 Labs is doing with their BIP sidechain, because we've had Paul on before talking about, you know, what Layer 2 Labs does and what sidechains do and how they would kind of change the dynamic. What is the difference between what you guys are doing and them? Yeah, so the end goal is actually very similar to bring the EVM or other sidechains to Bitcoin. However, the approach and the technology is very different. Drive chains need a Bitcoin soft fork, so they need an upgrade to the Bitcoin protocol while we do not require any soft fork. So the spider chain is actually possible on Bitcoin today, which is a big difference. So in reality, this is actually a proof of stake. And so the random subset of participants are all stakers. So anyone in the world will be able to run the full protocol. Anyone will be able to stake and then the decentralized multistake will basically choose random participants out of that staker set. And so right now we are fully building it. I actually saw the testnet run this week. We will go public with that very soon and then we will start building towards the main net. Now, one of the things that happens when you run proof of stake on top of Bitcoin, it also means that in the very initial phases, when you have very little Bitcoin staked, you are very vulnerable to an attack, basically someone coming in with 5000 Bitcoin, taking over majority control of the stake and attacking the platform. And that's why we will start off federated in a more centralized way. We will be like liquid basically on Bitcoin, have some federated partners that we work together with until there's sufficient activity in win and we can make the full protocol permissions. All right. I think that's a good step, you know, because you're right with these kinds of things and this kind of scenario that would make it a little bit of a thing at risk. All right. So when you look at both Bitcoin, what we've seen in terms of the core, the core devs on Bitcoin, very reluctant to change over the years. And then you look at the evolution of what's happened within the Ethereum ecosystem and it's the exact opposite. They're just a constant, you know, throw of new devs. There's a constant new innovation happening, a test of all sorts. I mean, when you look at Bitcoin and Ethereum, is Bitcoin ever going to catch up in terms of dev activity and real movement to become something of a true currency or at least the use case of currency? Because I think that's obviously for Ethereum what ETH seems to be trying to achieve. Bitcoin ever going to catch up here? What do you thought? Yeah, I think Bitcoin itself as the Bitcoin protocol, I don't think so. It's most important for Bitcoin that it's decentralized and secure. And so that also means not a lot of upgrades. I think for all the layer twos and a lot of applications that are built on top of Bitcoin, absolutely. I think we are going to see a very big explosion of applications and layer twos in the coming years. And maybe to go further on to that point, I actually believe a big portion of the differences between Bitcoin and Ethereum is because of their foundational beliefs, which leads to a culture difference. Like the Bitcoiners, they align more with decentralization is the first principle that matters the most. The Ethereum proponents align more as a first principle. It needs to be composable. It needs to be a virtual machine. And then you have, for example, people who like Solana more, they say speed is the other most important. Same for Monero and privacy. Now, out of all of these properties, I would say Bitcoin as being the layer one for reserve currency is the most important. But all the other properties who are also very valid and have reached product market fit, you can bring them on top of Bitcoin as a layer two. And that's what I think will happen. Yeah. So in terms of the user experience on on spider chains like this, is this going to be different from other layer twos that would play into this? Yeah. So in terms of user experience, we have optimized for that and we think it's going to be extremely easy to go on to Botanics. For people who have used Arbitrum, Botanics is going to feel like you're bridging from Ethereum to Arbitrum, exactly the same. We will provide you with a certain Bitcoin address you send from any wallet, any exchange, any cold wallet, Bitcoin to that address. And boom, you have Bitcoin in your metamask. I like it. Which is that is so bizarre to see how this is going. As far as timeline, when you look at the current progress you guys have made so far, what the roadmap looks like. I'll get to the roadmap in a second. I'm just kind of curious, just from a framework of timing here, you've got a halving coming up. There's going to be a lot of acceleration around Bitcoin and its use, along with a lot of people getting into it, just recognizing Bitcoin for the first time. How long before this could potentially be a real solution? Yeah, it's very interesting. Development, as long as you're not online and the blockchain is not fully running, can go really fast. So our iteration steps, our testing process are going very fast to the moment we will go out with a testnet this month in October. And then after that, we actually are very happy with the timing that the Bitcoin halving is coming very soon because we actually aim for the mainnet by the Bitcoin halving. So mainnet basically means you will be able to use it. You will start having all your favorite EVM applications, but using Bitcoin with it. So explain to me, Willem, how Spiderchain would be different than, say, something like Stacks, you know, building obviously with ordinals playing into this. How is it and what are the core attributes that would make it different? Yeah, two big differences there. So Stacks runs on the Stacks token, Botanics runs on Bitcoin. And a second big difference is we are fully EVM equivalent. What means that any application that is built on Ethereum is able to be deployed, plug and play, copy paste on top of Botanics. OK, so we have a lot of Bitcoiners on our show, people who just think it's kind of the only way. And then we have a lot of people where I would say we're a neutral network. You know, we look at people that are really into Web3 and the development of what's going on with Bitcoin, along with other projects that are in the layer one camps, especially if you think about even Cardano and Avalanche. But you look at Bitcoiners and they're very, very centralized into the, I should say, the culture, not decentralized, obviously, as a platform, but the culture itself kind of has one vision. Have you had a lot of pushback from Bitcoiners in general? Yeah, more than I expected, actually, and the biggest pushback is actually on the EVM part, even though our whole protocols run on runs on Bitcoin. So I expect that a lot of Bitcoiners to actually fully love this. A lot of the pushback has been on the EVM, which is the Ethereum virtual machine. And it is actually because of the connotation and the bias that they have with Ethereum. But you actually argue that the EVM is a hugely powerful virtual machine and actually think the EVM has won out what we call the virtual machine battle. We think a lot of the applications that we're seeing have been built on virtual machines and the EVM is the biggest virtual machine out there. Yeah. Is there, in terms of support, where is that coming from for this project? Yeah, very interesting. It's everyone who aligns with our vision that says, like, OK, we see Bitcoin is the currency, but it's very good at being digital gold and being very decentralized and secure. But then on the other hand, they also love the EVM. They also love playing around in DeFi, on DEXs, by NFTs. And so it's basically someone who is active in the application ecosystem, but still holds Bitcoin in there called Wal -Mart. And so these two visions, they're not mutually exclusive. You can build the EVM on top of Bitcoin. And those are the people who we've seen the most support from.
Audio
St.-Therese-I-Will-Be-Love-LOH-23
"From the Liturgy of the Hours of the Roman Rite, from the Office of Readings, from the Autobiography of St. Therese of the Child Jesus. Since my longing for martyrdom was powerful and unsettling, I turned to the epistles of St. Paul in the hope of finally finding an answer. By chance the 12th and 13th chapters of the first epistle to the Corinthians caught my attention, and in the first section I read that not everyone can be an apostle, prophet or teacher, that the church is composed of a variety of members, and that the eye cannot be the hand. Even with such an answer revealed before me, I was not satisfied and did not find peace. I persevered in the reading and did not let my mind wander until I found this encouraging theme. Set your desires on the greater gifts, and I will show you the way which surpasses all others. For the apostle insists that the greater gifts are nothing at all without love, and that this same love is surely the best path leading directly to God. At length I had found peace of mind. When I had looked upon the mystical body of the church, I recognized myself in none of the members which St. Paul described, and what is more, I desired to distinguish myself more favorably within the whole body. Love appeared to me to be the hinge for my vocation. Indeed, I knew that the church had a body composed of various members, but in this body the necessary and more noble member was not lacking. I knew that the church had a heart and that such a heart appeared to be a flame with love. I knew that one love drove the members of the church to action, that if this love were extinguished, the apostles would have proclaimed the gospel no longer, the martyrs would have shed their blood no more. I saw and realized that love sets off the bounds of all vocations, that love is everything, and that the same love embraces every time and every place. In one word, that love is everlasting. Then, nearly ecstatic with the supreme joy in my soul, I proclaimed, Oh Jesus, my love, at last I have found my calling, my call is love. Certainly, I have found my place in the church, and you gave me that very place, my God. In the heart of the church, my mother, I will be love, and thus I will be all things, as my desire finds its direction. Oh God, who open your kingdom to those who are humble and to little ones, lead us to follow trustingly in the way of Saint Therese, so that through her intercession, we may see your eternal glory revealed through our Lord Jesus Christ, your son, who lives and reigns with you in the unity of the Holy Spirit, one God, forever and ever. Amen.
Discerning Hearts - Catholic Podcasts
A highlight from BKL496 St. Therese, the Little Flower Building a Kingdom of Love with Msgr. John Esseff
"Discerning Hearts provides content dedicated to those on the spiritual journey. To continue production of these podcasts, prayers and more, go to discerninghearts .com and click the donate link found there or inside the free Discerning Hearts app to make your donation. Thanks and God bless. Discerninghearts .com presents Building a Kingdom of Love Reflections with Monsignor John Essif. Monsignor Essif is a priest of the Diocese of Scranton, Pennsylvania. He has served as a retreat director and confessor to St. Teresa of Calcutta. He continues to offer direction and retreats for the sisters of the Missionaries of Charity. Monsignor Essif encountered St. Padre Pio, who would become a spiritual father to him. He has lived in areas around the world serving in the Pontifical Missions, a Catholic organization established by Pope St. John Paul II to bring the good news to the world, especially to the poor. He continues to serve as a retreat leader and director to bishops, priests and sisters, seminarians and other religious leaders. Building a Kingdom of Love Reflections with Monsignor John Essif. I'm your host, Chris McGregor. What's on my mind is such a, such a humble and beautiful saint, the little flower of Jesus, St. Teresa. The story of the little flower is so powerful in itself. It's so contra what our modern day sees as successful. First, like she goes to a Carmelite convent and, you know, people of our day say, well, she buried her talents, she buried her life, and even the idea of prayer being contributory to the world and its happiness. The little flower spent eight years in a Carmelite convent, a very short life. She died at 24. Even when she was in the convent, the sisters hardly knew anything about her life of holiness. She had kept a journal, her autobiography. She was asked and in fact ordered to write it by her superior. The wisdom of that book, I know, and I was in the seminary in the 40s and the 50s. Her story of a soul is one of the most popular spiritual books and it's so simple. She is the saint of the ordinary. She transforms every act of her life into an act of love and also a desire to unite her prayer with the sacrifice of her love. She became a victim of love for souls. Her whole desire during those eight years was to save souls for God through prayer, through sacrifice, through love. The hiddenness of her life, in fact, when she died, her sisters, who didn't know the depth of her love and her sanctity, said, what are we going to say about her? She has done nothing extraordinary, nothing that would catch the attention of anyone. She takes something like the rattling of the beads, which drove her crazy. She was so highly sensitive and some nun would rub the beads up against the bench in back of her and it would cause her like chalk on a blackboard and that's what would do with her system. She used that as an act of sacrificial love and transformed it and took it as an occasion and an opportunity to offer a sacrifice to God. The crankiest and the most rejecting of all the sisters, she would see them and embrace their rejections. I was just recently with a priest. His face would crack if he would smile. He was so unhappy. It's amazing and just to be around him, it was like pus oozed from his system of unhappiness. He wanted to know everybody to know just how unhappy he was and he would want to make everybody as unhappy as he was. And even to stand next to him, you know, what an opportunity that would be that St. Therese would say, why don't you just give him love and offer him the love so that he could have an opportunity to love. You know, just being around a person who's angry, upset all the time. So all of us have these opportunities in our day and the scripture in the mass that Jesus taught us, the church is teaching us on her feast, the disciples came to Jesus with the question, who is the greatest, most important in the kingdom of God? He called over a little child and stood him in their midst and said, I assure you, unless you change and become like a little child, you will not enter the lowly. Becoming like this child is the greatest and most important in the kingdom of God and the heavenly reign, the simplicity and the humility of a child. Now I believe in order for us to see a child who just simply looks at you with simple love. And so therefore, I really believe what Jesus is looking at is a little, little child in our society. Take today and see where in your neighborhood, in your family, look at a child. My cousin, Christine, of baby, she was so sweet, Olivia, just her eyes, her every smile, everything that would come into that child's face would be some of the most beautiful things that I could remember. I think that's the kind of child this was that our Lord meant in the gospel. There's a prayer. I was with my cousin and he had been making an avina to know what job he should take. And his favorite saint, and she is a favorite saint of so many, was the little flower. He would say this prayer to God through the intercession of St. Teresa. And she claimed, those who are devotees of St. Teresa claim, that they receive a rose or would have a rose as a sign that their prayer would be answered. And he made an avina and he got not only a rose, but his wife had given him this 30 roses. She didn't know that he was doing this, saying these prayers. He got an offer for a job that was absolutely unable to refuse. It was so powerful a sign right after he had received this bouquet of roses. And it was a sign to him that he should change his job. So many that I've talked to, the beautiful example of the little flower of humility, simplicity, childlikeness, and the prayer. My mother's middle name was Cecilia Teresa Esef. It's on her tombstone. She had this tremendous devotion. In fact, she gave a middle name to my sister Marlene. Marlene is Marlene Therese and also Mayanne Therese. And she had great devotion to the little flower. And she herself was a third -order Carmelite. And she had a way about her. My mother's prayer was very powerful for all of us. All of us, my cousins and so many people in our family. She never was out there. She wasn't someone who got into the mother's in school or in the altar and rosary in the parish or outside the family. She had five children. When I was a little boy, I would get up in the middle of the night to go to the bathroom and I would see my mother on her knees. I thought every mother did this. When she would take us for a walk, she would stop in the church and she would make the Stations of the Cross. And we would kind of be there with her. But we just took for granted. That's what mom did. All her life, her entire life, her rosary, her prayers. And she had this power about her. Not really being noticed. But in our family, I would say, everyone who would refer to my mother would say she was like the holiest person they had ever met at her death. That's what she was known for. Prayer, humility, and childlikeness. She had a simplicity about her. And I saw this characteristic in some. When a person has this hiddenness, this characteristic of trusting in the power of prayer. Although the little flower never left her caramel and died at the age of 24, she has been known all over the Catholic world as the patroness of the missions. She is the saint of Vietnam.
WJR 760
"paul w." Discussed on WJR 760
"Best of the Paul W. Smith show. You know, I get a lot of books. Uh and I meet a lot of people. And it's rare that I meet somebody who is really very good at what they do in one area, and then they have this little side thing They do that I had no idea about and that goes for our next guest in an Thomas Did you know? Did you? It seems to me when we talked about this. You were aware of the the photographic talents of Glenn Stevens has as he sent us pictures before. Did I miss it on Social media or what? I think you missed it on Social Media, Paul. He Is a fabulous photographer. I have been watching his work on Facebook and Instagram for a long time now, and I just cannot believe what a beautiful job he does. It's just wonderful it let me be of the many that congratulate you. Glenn Stevens Jr. Who to me? Has been a fine executive director of Mish Auto. You've heard us talk to him in that capacity, a number of times vice president automotive and mobility and that Glenn Stevens Jr. I had no idea you had this talent as well. Good morning, Glenn and congratulations on your new book Coffee table book called Michigan Street. Well, Good morning, Paul. And, yeah, I think it's pretty easy when you have such a beautiful world in a beautiful state around you to kind of capture it, So that's what I try to do, and You know, it's it's kind of a labor of love for me, so I I I've enjoyed it. Well, it is a labor of love, and I'll get into that in just a minute. But, yes, you're right in Michigan. We have some great to Some great scenery, but you have to have a very good I to capture it through the lens as you have, and it's and it's all from an inspiration that you had. From meeting a guy named Manny Dimes. Why don't you tell a little bit of that story? Well, sure, Paul, you know, I think like a lot of people when this tragedy of the pandemic hit, we had an opportunity and I took that opportunity. I'm not going to lie to you. It wasn't easy right out of the gate to grind to a halt with how busy of the lifestyle we live. Right, but I thought to myself, you know, what can I do? You know, how can I use this time and without the pandemic? I wouldn't have met Manny. I wouldn't have had this idea with some friends of mine to make this book and and Manny is battling ALS, and he's become a friend of mine. I met him about a year ago through church. And I said, You know what? I'm going to build this picture book and we're going to. We're going to donate all the proceeds of it. To raise money for a well wheelchair equipped minivan for Manny and his family, and that's what we've been working on. It's a lovely, lovely idea, and it's one of the one of the positives. We don't hear a lot of them, but there are some maybe even many positive stories. That we can draw from all of us having to I know Some people don't like to use the word because it's used a lot but pivot. Pivot to doing something else when we're not allowed to do the job that we love or the job we've been doing and and you certainly Glenn Stevens Jr have done that. With this book, but I I just had no idea that you had such talent. This is this isn't a book you buy because you want to help somebody out and raise money for Manny All that's fabulous. That's That's reason enough, But my point I want to make clearly is Uh, the Michigan Street. Volume one, which means they'll probably be others. This this This is a great coffee table book or even more so a great book to send a friends. Who might ask the question. Why do you live in Michigan? This would be the perfect answer for anyone who would have that kind of question. The beauty of these photographs, the breath of these photographs, just magnificent. Now with the thought in mind that we do want to help Manny and his his machine. Um is there a is that what's the best email address to go to? Would it be? The Manny's machine dot Cheddar up dot com Or would it be Michigan Street? We can do it even easier. Easier. My website which I've repurposed for the book, and for Manny is Michigan ST dot org. And if you go to Michigan ST dot org, you will find a link right away to take you to how to get the book or to make a donation, And we've had both our goals 50,000 or about a third of the way there. It's absolutely incredible, uh, to see the goodness of people that's come out and And you're right. Um, I I think we have a beautiful place and a beautiful state and to be able to put it into a book, and I've actually been shipping this thing all over the country and a couple overseas and and by the way, my parents, Glenn Sr and Betty there my distribution center. They've been packaging the books and shipping them right. That's great. But please tell me, Glenn, I'm not the only person who's known you for years who had no idea you had this kind of talent behind the lens. Well, I mean, I You know, my dad taught me a lot of things. And I think the most important thing in this world is If you keep your eyes open and you look forward and you look around. It's amazing what you see. And yes, I mean, capturing things a certain way. I actually spent all day yesterday on Mac and island. I took the day off. Kind of, you know, you're never on Untethered all the way from the electronic device, But I spent the whole day.
WJR 760
"paul w." Discussed on WJR 760
"The best of the Paul W. Smith show. I looked at some of the notes on our next guest, Dr Marty Makary, who is a renowned Johns Hopkins health policy expert and surgeon happens to be a Fox news contributor. And when I saw some of the things that he writes, I thought I like this guy, Dr Marty Makary. Welcome to the Paul W. Smith show, Dr. Good morning. Good to be with you, Paul. Well, it's our pleasure in this new book called the Price. We Pay What Broke American Healthcare and how to fix it. But in there, I'm reading that we've had failed medical leadership. We've talked about that extensively on my show. I call him, sir. Anthony Fauci now because certainly by now he's been knighted. But Fauci and the CDC failed to warn us of the pandemic, and I've also said the C D. C in the I now call them the worthless health organization didn't do what they were all set up to do. To warn us and prevent and protect us. And yet they gave the wrong advice on transmission and a whole bunch of other stuff. I was calling for masks by the way. Back in March, and I was told by the CDC and and the surgeon general of the United States that I was an idiot. Basically, they didn't call me an idiot. They said it the nicest way. But they said masks were worthless and blah, blah, blah, blah, blah. They were so wrong. I was so right. And you were so right, Doctor. It's been very frustrating because you can. You can say something, and then people say Well, this CDC is officially saying this or not, Fauci said that He doesn't seem concerned that we're going to have a pandemic in the United States. That was what I heard repeatedly when a few of us were out there sounding the alarm and by the way Covid 19, which is stars Kobe to spreads just like SARS. Kobe one or SARS. It's airborne and masks worked in Asia. Back then, when, during stars and They told us to wear them in the United States. And so we've gotten a lot of bad guidance, and we're still getting terrible guidance by the way, for example, right now our public health officials ignore natural immunity. It's about half of the unvaccinated have it and it works and it's effective and the science now supports at all. Fascinating to me. And you've also pointed out Dr Marty Makary and in his new book called The Price. We Pay What Broke American Healthcare and how to fix it. We'll get into that medical debt. One in five Americans currently has medical debt in collections. We'll talk about that a little bit with good doctor. But you also point out we've had flawed vaccine approach. Give me your approach. Well, we should have delayed the second dose as the UK did to get as many people of first dose as possible. The first dose is very effective, and so you can essentially double your vaccine supply for a couple months. Just delaying that second dose to three months and a matter of fact, you get better immunity when you delay it to three months long term and then I don't think people even know about this, but there's an extra half dose at the bottom of the pile after you draw the vaccine out. And doctors have said, Let us pulled two of those vials together and give another person of vaccine. And the FDA said No, You can't do that. And you know that rigidity from regulators resulted in us throwing in the trash 15% of our vaccine supply. And so these are the things that are so frustrated to see. Yeah, We hadn't heard that. We We thought, In fact, they were squeezing out one additional vaccine from the vial. We thought they were using that stuff. We did not know that. And by the way on that natural immunity, it now occurs to me that I I read maybe a series of of your articles on that in the Wall Street Journal doctor. Yeah, put together all the science because you know people. I often hear Dr Fauci kind of suggest while the science is on my side, you're not scientific. So, you know, I've studied epidemiology at the Harvard School of Public Health, got a masters in public health and have been on the Johns Hopkins School of Public Health Faculty for 20 years. I feel a responsibility to put together the science and put it out there because it's very hard to compete with Dr Fauci. He's on TV 10 hours a day. Get invited to go on a podcast, and my staff will say, Marty, and there's only two reviews on iTunes. Nobody really listens to this. We're going to decline it for you. And then I find out. Dr Fauci is on it. He's got to voluntarily suspend themselves from being a full time media person to doing his job and it's very disappointing and it's frustrating and it's very hard for me to say something and compete with him. When he's got the title that the media has has given him the nation's top infectious diseases. That's why they bestowed upon him. They knighted him, and we don't usually night people in America. But anyway, a lot of good thoughts you have about treating More diabetes with cooking classes instead of insulin, treating back pain more with ice and PT physical therapy instead of surgery and opioids, and you're going to talk about that, and the medical debt thing that I brought.
WJR 760
"paul w." Discussed on WJR 760
"Detroit Golf Club, once again from the 2021 Rocket Mortgage Classic, presented by Rocket mortgage. Here's Paul W. Smith. You know as bad as we all think we've had it and we've had it pretty bad with the flooding and all the annoyances that have come up from Mother Nature and our Seemingly inability to deal with a lot of rain. Be that as it may well, get to the bottom of that We're not going to let this go. But as bad as it's been for us, it's worse for others. Including the people who are out there, working. Including At least One DTE worker who we've not been able to get the name. I asked Dan and she's looking, but they may not have released it. But A D T worker working on our behalf. To get the power back. Died. You probably saw that or heard that by now. So as bad as it's been for everyone, it's not, thankfully, been that bad. The other people who are working hard. The people on the roadways. That's very dangerous, too. That is something that I have to remind us all about that When we come upon workers, they're working on our behalf to make things better. And in the past, when workers were out on the roads, people were swearing at him yelling at him. That's just crazy. Now, believe me, It's been a generally crazy time for the last year and a half. Whatever Covid excuse were using there is no excuse. Yell at the people who were Working on power. 50,000 people. T customers still without power about 50,000. And those workers that climb up and work on those wires. One died I know that Diane Cross worries about things like that. With her job as spokesperson for the Michigan Department of Transportation and always being very helpful to us under the toughest of circumstances. And Diane Good morning. Thanks for coming back. I know how busy you are. Slowly but surely we're going to see some normalcy. Good morning, Paul W. And let me also add our deepest condolences to the DT families that were affected, and those people do truly risk their lives every day as you are road workers and that I can add to what they go through. People also throw things At the workers. Oh, my, Believe it or not, that the water? Yeah. Thanks from there, throwing things at the workers that are trying to help things get better. Don't I'm really at a loss. That kind of frustration that we we all feel it. But the idea that common decency just is very often lacking, But we do have some very good news that westbound did reopened last night about 4 20. Westbound 1994 between I 96 Michigan Avenue and Dearborn going from Detroit to Dearborn. We do have one small spot that's has still has the right lane closed near West Grand. Where we had to do some repairs, but we hope to have that reopened by tomorrow. So that will have all three lanes open eastbound. Unfortunately, another story, it turns out, he had quite a bit of damage about 300 ft across all four lanes. Of east from 94 near Warren. We have to dig up the roadway and, um, put down new gravel support because the water just eroded all of the earth kind of underneath that section, And so it's just kind of collapse. The roadway did. So we're having to rebuild that. So it could be at least a week week and a half before we can have eastbound that 94 open going from Dearborn into Detroit. If anyone ever questioned the strength, the damaging ability of water they.
WJR 760
"paul w." Discussed on WJR 760
"J R and Ford Motor Company continues to make it easy for us as it's been announced they booked up $3.3 billion profit in the first quarter. We've got a team of people working, hard working smart. And no one happier about that and thankful to the employees than the Ford Motor Company CEO On the other end of my line, Jim Farley. Good morning, Jim. Congratulations. Thank you. Thank you Pulled of you. So nice to be on with you. Record quarter for us. As you said, you summarize the numbers. Very proud of the team. Well, these air great numbers under under great duress. I mean, we have heard Over and over again. The problems we've even seen with our own eyes, the cars that are parked and can't be sold that people want to buy because of this worsening global semiconductor shortage. That's right. We we thought that somewhere between 10 and 20% of our production of first quarter would be impacted. I want to be in 17%. We lost about 200,000 units. And despite all of that the employees did such a great job. As you said they were able to offset 100% of that production loss. But we think the problem is going to persist this quarter of second quarter be the most difficult and then things will ease up as we get through the year. Short of Ford Motor Company going into the semiconductor chip business. How do you handle something like this? Or Paul W. We have had lots of practice. You know, the pandemic was a great practice for us. You know the way we organize it. We have a crisis group. We get to work as you would expect. We we just solve the problem at the right level in the company. Um, and everyone worked hard. We start to, for example, um, shift the chips that we do have to our most critical vehicle lines globally. We we make sure that we ship the product to the best parts of the world. For us. It's very complicated work, but, um, you know, it's important work. Well, it is, indeed is Ford becomes stronger, more resilient company obviously showing that you can deliver under pressure revenue was up nearly 6% over the first quarter of 2020. Adjusted pretax earnings of 4.8 billion mark to record as you point out, Jim Farley, Ford Motor Company CEO here on the Paul W. Smith showed WJR and some great improvements to financial results. In regions around the world Outside North America, the company saw pretax earnings tied to the automotive business of 454 Million, which is a rather incredible improvement. Over the $526 million loss that you posted in the same period last year. That's a big swing, Jim. It. Is it really helping our numbers? Paul W. You know we lost $5.8 billion in our overseas markets in the last couple years, so that billion dollar swing you just went over. It's a big deal restructuring in Europe. Going into SUVs increasing our commercial vehicle sales were restructuring South America, their numbers are improving. China's now near profit. We were losing a billion and a half years two years ago. So the team oversees has really focused. We spent a lot of cash and a lot of money to restructure those businesses to focus on where we can make money. And now the results were coming home. Well, good for you. That's certainly a very, very exciting news. For all of the stakeholders for Ford Motor Company and the other good news. It goes with the fact that you must have just who did out loud, Jim when When the president said in his speech. There's no reason why American workers can't leave production of battery powered vehicles Hashtag POTUS and says the buy American When the announcement has come out that Ford is accelerating battery are Indy with a dedicated team, a new Global Battery Center of Excellence named Ford. I am Park. Well, this is a big deal for us. It Ford, you know? Yes, It's a $200 million investment here in southeast Michigan. But more importantly than that is, we're building a team from all the different key functions manufacturing engineering supply chain. They're going to be together and we are going to figure out how to make On developed the best cells in the world here in Michigan to be built in North America. I I understand you're selling every Mustang Mach e. You can make and again, Then we worry about those those chips. We could probably build more sell more. Oh, my heart new lineup. Paul W we talked about the last time were on. I mean, our our lineup now is out. We're sold out a Mustang Maki. Four days on the lot gone. We're now accepting orders to the G T. By the way, the Bronco sport sold out the new Bronco couple year order bank, the F 1 50. Sold out 20 days on the lot. So you are new lineup is pretty breathtaking. 70% of the customers for Bronco Sport and Mustang Mach. You're new to the brand never met these people. I was just going to say that's something that you can say While we're being really successful with the Mustang Marquis were very specifically the Bronco sport, but what you just said Jim. Is extremely important 70% new customers to the Ford brand. That's a very big deal. When a vehicle brings people into the dealerships that haven't been into the dealership before. Absolutely right. You know, Mustang Maki is a real phenomena. We're very proud of the sales. You know, we keep be hair sales forecast, and we're running short of product really short now, um, but the good news is people really, really love the product of technology. I think mortgage Stanley came out a couple of months ago and said, you know, in February Mustang Maki was the number one conquest vehicle for for Tessa. We're leading the You know the electric sales, So I'm really I'm really so thankful for the four teams. You said Bronco. We've never been in the Bronco business for you know, many, many decades. We've been cross shop with deep for a long time now and now we finally have the product, so it's going really well. Dealers are doing a fantastic job taking care of customers, and we still have the Bronco to go in June. Uh, the F 1 50 is doing great, but we're gonna be launching the transit Electric and the electric f 1 50 here soon enough. Well, you've you've deployed your first software updates already for the Marquis and the F 1 50. You have swept the pickup categories in the influential Kelley Blue Book, five year cost to own awards, Ford Ranger and F. 1 50 of both been named the most affordable trucks in their respective classes. Over the course of a five year ownership period. And today, apparently at Ford, you're hosting your global day of understanding, Jim Farley explained to us what that's about. Well, this is.
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"Any case. Yeah. It's such a lousy time in our country and A lot of people getting caught up in it. A lot of people just want who at this point, try to heal and move on. I wish that President Biden would do what? Gerald Ford did a very unpopular thing a long time ago. But historians say he was absolutely right to hell. The country. He didn't want to continue to beat up on Richard Nixon and the country moved on and got healthy again and we need to move on and get healthy again. And stop giving our government the excuse of not getting anything done While they do this work, it's starting to get annoying. It's time consuming and expensive. Certainly there's big budget issues to be debated. And this was taken up oxygen left cigarette now. Yep. And in Washington, Jonathan hosting always doing a good job there for Bridge magazine. Thank you, sir. Thank you for that bit. 7 28 and 7 60 wjr. This report is sponsored by churches. This season's hottest collection is dropping just in time for lunch featuring church's new All white meat. Texas tenders accessorized with Butterfly shrimp flavor. This Biggs always on point snapped your Texas tenders and shrimp meal today for just five bucks churches bringing that down home flavor. I think this will be remembered the age of chicken. And soon now with Popeyes and a new fish sandwich. Oh, there it is. We got our W. J. We've got our wjr traffic and weather first and Dana Clark. We've got a couple of accidents have reported Paul W. Down River 75 North bound at your telegraph connector. That's in Taylor accident. Has you slow from dicks? Toledo also 75 North bound before dicks Highway. Ah collision their blocks the left lane, seeing delays from at least North line road. WJR Weather first from the Weather Channel, sponsored by Reamer Floors, shot Reamer floors during the Cara Stan Free Cushion event Now through February. 28th save on all Caris stand carpet. Let's receive free deluxe carpet cushion shop online shop from home or shop in store by appointment. Reamer Floors on telegraph, one mile north of square leg. Remark floors dot com. Still in the deep freeze for the rest of the week and on into the weekend. It feels like zero outside clear skies currently 10 degrees going up to a high of 22. Today we'll get some peeks of sunshine.
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"60 wjr Way have a heads up to on the general dispensation for all Catholics in southeast Michigan that began in March of last year. When the covert 19 pandemic was spreading into the region. Public masses were suspended. Our lives changed totally. We're trying to get back to normal and and sometimes that's even more difficult given Some of the variance center out there, but we are trying to. It's important to get our society. Our businesses are our schools, everything. It's important to get back to normal, and it could be argued that it never should have been disrupted the way it was, but again. I'm not going to go down the politicalization of Ah, Disease road anymore. My listeners air pretty pretty dog gone smart. They understand all of that. So the Archdiocese of Detroit now urging the faithful to return to the Eucharist. And they say with renewed amazement as general dispensation is expiring to give us all the details. Father Steven Polish choices. He's the director of evangelization and missionary discipleship. For the Archdiocese of Detroit. Good morning, Father. Good morning. How are you this morning? I am excellent. Thank you and Archbishop of in your on, maybe at the urging of the Vatican. I'm not sure how this works. She'll tell us Is going to continue to grant particular dispensations. For those at greater risk of illness. You're not asking the elderly or anybody who's at greater risk of illness to come out. But you're saying basically if I could some of them if you could go to a restaurant now, and you do. Well, for goodness sakes. You go to church and you should is that about it? That's pretty close to it. All we have. We've had public massive back sent Memorial Day weekend. We had our Catholic schools back in person all across the Archdiocese of Detroit across Mexico, Detroit Since August. We've been able to play sports in the fall and made a big break because of the governor's rules. But now we're back playing sports. We've learned how to have restaurants and stores open. And it's very important that people know the spiritually good that comes from being at mass. And we don't want people Spiritualized be the last thing or kind of the you know the part of their lives, Tickets left behind. And so, the archbishop has said. Instead of everyone thing don't worry about going to mass were going to say you should come back to Mass. And if you have a good reason that you can't do that, then you have what we're calling a particular dispensation instead of a general one. Father Polish you, You make a very good point. I appreciate it, and that is something that we've talked about, but not Ah lot. But we have mentioned that in fact, the parochial schools held it together and kids were coming back to the classroom when our public schools were not We see the fight going on in Chicago, for example, and everywhere a lot of places, but the parochial schools got the kids back together. You did a lot of things to make them safe. And apparently, you were successful in making them safe. I've not heard of and believe me, I would have. I've not heard of any parochial school massive break out of the virus. There wasn't any West there. There wasn't There were occasions where someone had had been in contact. They're tested positive and either that students or sometimes the classroom or sometimes the whole school had to go home for a day or even a week. But you know that's part of learning how to do it. You're never you're never gonna figure all this out just in a lab or in some kind of perfect situation that doesn't take into account human behavior, and it's just it's important when we do that for church. We have really safe and good and tested guidelines that make it a safe place. But we don't just want to live in fear and kind of closed our lives and we want to receive what God wants to give us and part of that is the community. We get a church and most importantly, the spirituals relationship we get with the Lord coming to church. There is, by the way, the archdiocese has updated their mass finder dot org's, which says what it is mass finder dot orchids been updated. To help the faithful easily search for a list of mass times in their area. A Swede heard in the schools. You have no major problems. With with priests and others in the church. Did we have any kind of an outbreak or were they able to get the vaccines and a elevated level or Expedited level know the city of Detroit has been great. I am scheduled Get by that beat down at the TCF Center. I'm on the younger end of the clergy. Paul W So I, you know, kind of waited a while, but they've invited all clergy to come forward. I know lots of older priests or priest who have preexisting conditions have gotten it and the safeguards we have in place that math have to be warned. We have reduced capacity and social distancing were Cleaning and sanitizing the church's regularly and as I said, we've been doing this since since May, and we've been able to do it safely, and I think our track record points to the fact that people can come to church and it's not a great risk of being exposed to the virus. And there are all sorts of goods that we get coming to church. And so we really wanted to invite people that if you've been thinking about it or have been away for a while, Now is the time to come back to church and as we're calling it to come home to hopefuls. Again. If.
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"The Paul W. Smith soon what a pleasure and privilege it is. Welcome back, Professor Bob called amazingly and we've been here for many of them, most of them. This is the 24th year in a row that professors from MSU's Department of advertising and public relations Raided the ads on Super Bowl Sunday, They raided national commercials on a scale of 1 to 5 taking note of each commercials. Creative production execution. Message placement and advertising strategy. They also considered whether each and was memorable whether the commercial might prompt a sale in particularly in 2021. Whether the tone was right for the Times Professor. Good morning. Welcome back to the show. Good morning, Paul W. It's always fun to be here and last night was kind of funny. Even though our party was virtual. We were all connected online as opposed to being together thanks to the covert virus. We were all connected. Virtually frankly, I mean, some people went to parties and all of that, but most of us stayed home and if we communicated it was with family and friends. Uh, and over online and we kept our distance and try to keep safe. Best weekend. I thought And and I had to write a column for today's paper, and I had to write it Thursday. So imagine writing about the Super Bowl several days before it happened, But I got it plenty right eye guy said It was kind of a try effective that I thought that the game would be good in that Tom Brady would win. And I thought that the halftime show would be okay and a little eccentric, But people who people like the weekend love did on then, of course, the commercials. I thought we would do Okay, even though some of the big guys like Well, Budweiser didn't bring the Clydesdales, but I thought the commercials were pretty good. Did you think that commercials overall We're pretty good. Yeah, There were some ads that were pretty good as a whole as a group. Maybe a little below average because there were some bad adds, um, the Skechers. Ad with Tony Roma was kind of bad. The only CEO plane, you know the piano in the middle of a field. That was bad we weight was weird was it was just weird, but we had some great ads. I mean, the Eminem's ad was very popular. We loved the Toyota ad with the Olympic competitors. We, um we like the Jeep ad, and that was very emotional. A two minute spot. So that said $20 million check right there to run that spot. Um, but you know what? You know what one of the one of the keys of that commercial honestly. Is that Bruce Springsteen did it and he doesn't do commercials and one of the problems that they've had is some people complaining. The Bruce Springsteen was very political. During this last election cycle, so They're kind of saying, Well, why is he saying Let's let's meet in the middle if he didn't say that during the last administration, but that's that's what you expect. And that's not how you look at these ads. Nor do I frankly. Right. You look at it for what's in front of you. And it was a very poetic well, the cinematography um the good visuals that you know. In the end, though, they had a map of the United States and they cut off the upper peninsula so apparently opened in the in the U. P is gonna buy it cheap. Everybody's a critic. For goodness sakes. It's not the first time sadly. If the U. P was missing, But I think Olivia Francoise did a an incredible job V. This is the guy that brought us Eminem. This is the guy who brought us. Paul Harvey the farmer. Remember that one. I don't remember what the what? The gist of the Clint Eastwood. One was, but he's brought us classic commercials. And I think he did it begin. Well, The Springsteen ad is the iconic ad. Of the game. But there were other cute, funny Super Bowl, You know, humorous animal kinds of things. The Cheetos ad was pretty good with Ash Ashton Kutcher. And Mila Kunis. It was pretty funny, and you know, there were just the will Ferrell. General Motors spot was just cute. You know, you have to. There was a lot of promo up to it. And some of the pro mo's were not as good as the actual ad. And you saw the editor. Well, that's kind of funny. Yeah, it was kind of funny. I did see some of the teases and seeing the entire ad. Made it much easier to understand exactly what was going on. And I did. I did think it was clever. And you mentioned in fact, on my list that I have from you folks on beer talking once again with Professor Bob. Cold image, you, advertising professor. You're number One spot was an auto commercial. The one for Toyota. Kurt McAllister is coming up a little later. And it was Jessica. Long Story and Brian. Give us just a taste of that, Mrs. Yes,.
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"People will be doing it right there on their phone rather than calling Vegas doing whatever they have to do otherwise. And right now it is Kansas City and three Canto. Is it all right? I heard that somewhere. You're right. Sticks. So you have to pick Paul W you don't you know I'm gonna I'm going with Tom Brady. I don't think being a fellow Michigan grand. I'm not allowed to go against Tom Brady in there. It's in the rules. It's not a bad baddies won't know. Yeah. I, You know, it's what he's doing. MM lettering what he's doing. He's a veteran than that matters in something like this sick stuff. 14 wjr. This report is sponsored by Michelin endurance XT silicone wiper blades. Sometimes driving is great, but sometimes it's not so great like when it's pouring outside. That's when you need the new Michelin endurance XT silicone wiper blades designed to repel water, snow and ice get yours today on Lee at Wal Mart. Coming up. Anthony Tony Socko operating partner at Moots Pizzeria. He's going to be featured coming out of these reports. He is one of our Great opportunity to try interviews for this weekend show opportunity to trade will run it one o'clock. This Sunday on W. J. R. So bear that in mind and Jim Farley at about 6 35 coming out of Marie's news, afford president and CEO, So we'll get it to all of that. As we get out or wjr traffic and weather first Miss Dana Clark, and then when I kiss you, goodbye is getting and it's kissing Dana, and it's always kissing Kim. It's also kissing our wonderful calls pals Goodbye as well as they will be able to come back on and see us with Greg Russell. At what time 8 18 right, Annie 18, So we'll be back on camera back and any team, but Along the way, and our reb loyal listeners who only your response 7 60. We're right here right there and will continue to be now as you were saying, wjr Traffic.
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"All right. Very good. Well, we're hold you to that, Geraldine Wheeler. Thank you for being with us. And best of luck with this big news. I know its meaning. As the senior manager of sustainability. It's music to your ears way are delighted. We're delighted, and we're happy to see that others are coming alone with us in the journey, including players. Absolutely. Even if they're kicking and screaming Now they're coming along. Thank you, Geraldine. Thank you, Paul. Have a wonderful day. You do the same Geraldine Bond wave. Oh, General Motors, senior manager of Sustainability. All I'm saying is Change doesn't come easy to everybody. But change is coming. Whether it's coming easy to us or not, It's coming. 7 28 WJR. This report is sponsored by Merrill. When questions find you Merrill Edge, Self directed investing has personalized tools and insights to help you find answers get started at Merrill edge dot com slash within. Reach. Merrill Lynch, Pierce, Fenner and Smith incorporated registered broker dealer member S. I P C, R W J R Traffic and Weather first at 7 28 the one and only Dana Clark. New accident. Paul W. 94 West found Andy Course road accident There has a slept traffic black backed up. I should say, at least from a telegraph. So we are still watching two separate accidents along 75 north bound between Dixie Highway and Grange Hall Road, please avoid the area, seeing big backups. There. There's a one crash at Grange Hall Road and then one just at East Holly Road. All lanes are blocked. Dixie Highway can.
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"paul w." Discussed on WJR 760
"Blades upgrade to the wiper blades trusted by Rainer's Eat low to break world Records. Michelin endurance XT Silicon wiper blades are real world proven for extreme weather performance that last two times longer than any other blade. The new Michelin endures XT Silicone wiper blades on Lee available at WalMart. As we continue on this Friday morning, we have our WJR traffic and weather first with David Clarke. We just have Ah closure out there. Paul W 75 North bound between East Talley Road and Grange Hall Road, multi vehicle crash there that's in Springfield Township. Avoid the area. Police obviously are on the scene. You could take Dicks Highway instead. Now WJR whether first from the Weather Channel, sponsored by shelving dot com, shelving dot com, has durable storage products for your business from trusted metro brand wire and plastic shelving to you direct palate racking. They also offer high density storage and gravity flow racks to help optimize space. Order. Now it's Children dot com that shelving dot com We rack your world found a terrible looking Friday forecast, but cold chilly started. Some clouds mostly cloudy at times, But for the most part we go through the day, we'll clear it out becoming mostly sunny 28 overnight tonight, some passing clouds down to 13 suburbs being the single digits. Batting over tomorrow with high 30 degrees and some snow showers tomorrow into Sunday, maybe light accumulation highs in the low thirties on Sunday from the weather Channel Meteorologist Ray Stage Account News Talk 7 60 wjr. All right to race again. 13 degrees. Okay, enough already. We know it's winter. All right, coming up. In the moment, we'll get a little promo for our opportunity. Detroit program We've begun again for the new season. We think Uh, a lot of folks bedrock and quicken and all the people that make that program possible, giving us a new opportunity to meet new entrepreneurs and what they're up to opportunity to try will air this Sunday. At seven. And T compel the founder of Dose collective coming up out of this little break, So that's what we'll have for you on this Friday morning and the number of times I've been watching sports and wanted to bet the game.
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"paul w." Discussed on WJR 760
"It's important to make it clear. 211 is a free service that connects people with non profit agencies in your community. Bear that in mind, because, frankly, there are a lot of people who've never had to call to 11 but find themselves in the dire straits of dire position. Now, it might have to So I mean, that's just the way this pandemic has been and the way it is affected So many people so Bear that in mind, and there's no shame in asking for help by calling to 11. There are people like consumers, energy and others who want to help who will help. Who can and are helping And a lot of people need that help. And you've been also working that hard. I should mention to keep energy costs low forest to Brian. We have particularly, you know, you mentioned you mentioned the weather just coming out of break called of you. And, um you know, natural gas prices are historic low. We are lucky in Michigan that we have the ability to actually purchase a lot of natural gas in the summertime storage and our underground facilities and then extracted at times like this so natural gas bills are at their lowest in 10 years. And we work hard to really keep those those cops low, particularly during this heating season, when there's really no choice but to keep your home warm, So that's exactly right. We're working hard to keep our bills as low as possible for customers. Honestly, where else can we say like this consistently for the last 10 years? The customers are paying should be paying 20% less for natural gas this year compared to even a decade ago. So I mean that Zaveri Big deal. It's a huge deal. Now. I always remind customers and a lot of customers will tell me. You know, I don't touch my thermostat and get my bill goes up. Obviously, on days like this here, your furnace is working harder. So even though as you mentioned Paul W. The bills couldn't be lower in the last 10, year time horizon. Your furnace is working harder. And, um, you know, it's just bills cost. It does cost more this time of year. You know, I was having trouble earlier with my quote unquote smart television that decided to reset itself while we're in the middle of doing the show, and I depend on monitors here for other information. I have trouble with my smart rheostat. In the house that for whatever reason, even though it's not set on any program if I said it down to like 67 at night, which I do 66 67 When I come up in the morning and look, it's it's 70. I don't know how it's doing that. You're like me. I like it cold at night, too. Yeah. I mean, there's there's a setting where I guess you could turn it off of the learning teacher. And you could. You could actually set a schedule. Um, do you like me who have colder is better? Older is better sleep hygiene, and I'm not afraid to say it. It's cheaper. It's cheaper. That's right. We've become so dependent on the smart things that sometimes we we fight with them. Yes, having an argument with my rheostat. All right, and I found out it's smarter than I am, which is not saying a lot. But there it is, thanks to help us get the word out this morning called W Well, thanks for doing all your doing. We.
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"Base with your 6 99 mattress purchase on Lee during the year on sale at Mattress firm And at 6 43. We've got it are wjr traffic and weather first Miss Dana Clark. Well, finally, that disabled vehicle Paul W. In Lincoln Park is clear from 75 North found at fourth Street now WJR whether first from the Weather Channel sponsored By Gordon Chevrolet. Gordon, Chevrolet. Sign and Drive lease is starting under $200 on select vehicle 0% up to 84 months plus bonus Cash. Three payments of up to $1000 waved on select vehicles. Ford Road, just west of Merriment and Garden City, Gordon Chevrolet dot com. Gordon Chevrolet, Find new roads Graduate of West Little Better chance of getting some snow showers off the Lake Lake Michigan that is and let's look like we will see some of those snow showers trying to sneak in here. Flurries snow showers this morning. Partly to mostly cloudy. This afternoon High 32 overnight Tonight some snow showers around early 20 teen suburbs tomorrow, becoming cloudy again with a high of 27 Thursday. Milder partial clouds highs in the upper thirties from the weather Channel Meteorologist Restaging on Newstalk 7 60 wjr. We're hearing that Paul W. Smith Show News Talk 7 60 wjr up a degree to 30 degrees at almost 6 46 and a quick check E and here with Tanya J. Powers on the Pole W. Smith show until the huge Jr our Fox news correspondent and WJR contributor. Good morning, Tanya. Hey. Good morning. So you are going to be keeping track. Are you going to count the 26,000 federal troops that are going to be in Washington D. C by this time tomorrow morning? No, not personally. I'm.
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"60 WJR for Paul W. Here's Guy Gordon. And it will be about this time Wednesday morning that Trump supporters gather at joint base Andrews to bid farewell to the current president of the United States, and then we'll Migrate to the capital. Not necessarily that group. But many others migrating to the capital to welcome in the incoming administration. Tanya Powers is covering it all. Fox news correspondent WJR contributor thana Good morning to You Just give us a sense of it's been called a lockdown. Does it feel like a lot down there in the nation's capital? Well, actually, I'm not in D. C. I'm in. I'm in New York, but I'm glad that you mentioned to the things that on Monday Where the president is going to speak. We're actually going to carry that. I'll be anchoring that part at eight o'clock that morning. So when President Trump is kind of farewell address, if you will, if if he's going to speak, we will be covering that as well. But yeah, you're right. The inauguration. There's a lot of security. Obviously, you know, tens of thousands of National Guard troops have been Employed the Washington Um you know, there's been those those so called unstable herbal senses the really, really tall fences. You've probably seen pictures of over the weekend that they have erected in a perimeter around the capital for safety. Obviously, the that is one of the reasons that the inauguration this year of President elect Joe Biden is gonna look like no other inauguration we've ever seen before. In terms of some of the things that are going.
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"At Merrill edge dot com slash within. Reach Merrill Lynch, Pierce, Fenner and Smith incorporated registered broker dealer member s I P. C. And let's check it are WJR traffic and weather first Miss Dana Clark. Still watching that closure. Paul W. S U V early this morning had a head on collision with a garbage truck. This isn't Clinton Township. Gross Back Highway shut down both direction to North bound in south Found between 15 Mile and Metro Parkway. Expect that to remain closed For most of the morning drive. You could take a Grasset or Garfield instead. Now WJR. Whether first from the Weather Channel sponsored by Sleep Solutions suffering with sleep apnea. You deserve a rest full night's sleep. Sleep solutions is your local easy solution. Don't wait to replace that old mask, Tubing and headgear. Call Sleep Solutions Home Medical 877 M i or visit Sleep Solutions Inc dot com. If this is all we get, won't be in too bad a shape. Overcast with some patchy freezing drizzle around this morning this afternoon an overcast sky with a high of 33 overnight Tonight cloudy 29 Wednesday mostly cloudy with high up to 40 on the southwest breeze from the Weather Channel. Meteorologist Race Data Condos Talk 7 60 W. J. This is a cautionary tale so you might want to pay attention. Most of us know that oral health care is important to save teeth and enhance smiles. Many are unaware of the most recent medical studies and research linking gum disease to the major systemic diseases of our time. The ever increasing list of catastrophic diseases. Most cannot be linked to gum disease and other.
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"And it will be better tomorrow as we're reminded again and again by the late Dr Maya Angelou. Meanwhile, I suspect we would get the same thought. From a guy who was in the thick of things in Washington yesterday. Basically locked down in the House gallery in the U. S. Capitol under siege. And a guy who joined us already this week, Congressman Tim Walberg is back to talk about the experience, Congressman A Good morning. Welcome back. Are you there? Cause I don't hear him. Really Well, you know, you know. Wait, wait, wait, wait. Start from the beginning because we didn't hear you at all. If I had taken myself off Mute s, I would have coughed it cost in here. I didn't feel fine, but it's you know, I'm almost feel like Paul W. In bed last night 33 a m. I guess this morning 3 A.m. and then now up How do you I don't know how you do this, but, uh, we're glad to be with you this morning. Yeah, it was. It was. It was a terrible day yesterday for part of it. It was a great day for other parts of it. We We started out doing the things that Constitution requires Electoral college counting of votes. Getting into debates about objections to certain of the state's votes on then everything broke out crazy, but I'll go to the end we we went back into session and completed. Task of counting the votes yesterday. And I think that was a demonstration to the world as well as to, uh, sadly, the people that chose to use their First Amendment liberties In a way that we don't do in the United States and cause destruction and death. And a lot of pain and frustration in the process, But in the end America came through and I'm glad to be part of it. And I'm glad we did show the world that even though there was a momentary blip You got back to doing what you were supposed to do. You were not prevented from doing What you were supposed to do, and you you accomplished what you set out to do in the There's been a lot of confusion this year between what's a protest and what's a riot, and I blame Much of the mainstream media for forgetting the word riot and thinking that everything was a quiet to protest. They right away. Thought of even the quiet protest is being a riot. But when you cross a line As people did you are then writing and it's not right anywhere, but especially in the United States Capitol so there should be no confusion. All of that should be pretty clear to people. And and we move on from there, and that's what we're doing. We will have in the president's own word who called for peace early in the morning this morning. And said, they'll be in orderly transition of power. Which is good to hear him say, because that's what people Needed to hear all along as difficult loss, as it might have been, and with all of the allegations that are still raw, and who knows what went on and where, but the bottom line is We stand for democracy. Around the world we did yesterday morning at this time, and we do this morning at this time. Well said Well said. We are a republic Republican form of democracy. That means we're constitutional democracy. We're not just a democracy that says majority wins, that we've taken great consideration to make sure that we all have a say we don't have an opportunity. And the rights of the majority as well as the minorities are protected. And what we saw yesterday. Um I think was the culmination of a lot of emotions that went on. And maybe some rabble roses assed well. But in the end in the end, um We move forward, and I was delighted this morning to hear that the president said there will be orderly transmission. Uh, the transition transition. You see, you know, you said in the beginning. I don't know how you do this. I didn't know what you were talking about the first but I know what you're talking about. How do you get two hours? Three hours of sleep. Come on the air and makes sense. I'm not sure I do make sense. But I understand how difficult this is for you. Hey, e. I appreciate that. Let me ask you before we leave. Um uh, since I don't have an opportunity to was speak to too many people who were there. Locked down in the chambers. What was it like from your standpoint? Well, it started out much like what you'd hear on a state of the Union address in recent years, you'd hear a demonstration noise going on somewhere in the capital, and normally it's 2030. People that are demonstrating are doing a sit down that type of thing and Banging drums or whatever. And you hear that, But this could began to get closer and closer and we were going on with our debate. Constitutional Abate said. It was over their chambers. We were in ours. And all of a sudden the sergeant at arms and the Capitol. Police began telling us various reports. We we recess for short periods of times, went back into the bait. And then all of sudden they came and said, Listen, we want you to pull your gas mask out for underneath your chairs. And have them in your lap already. And if we ask you to get to the floor, get the floor because there is some protection with the backs of our seats..
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"paul w." Discussed on WJR 760
"You're hearing the Paul W. Smith Show News Talk 7 60 wjr about 33 degrees. Typical for this Wednesday, January 6th as we continue on this Middle of the weekends. Dana would put it Hump day and the nation awaits the fate of the Senate as Georgia counts the votes never short of a thought or two of opinion. And the spirit of working together. Congresswoman Debbie Dingell. On the other end of our line. My goodness, I haven't talked with you that it's a happy New year to you, Congresswoman. Good morning. Good morning, Paul W Happy New Year. I'm so glad 2020 is in the rear view mirror but still feels a little like it's too much in 2021. Well, it does you It would have been great to have a clean break. There is no such thing in this cove. It 19 era. Andre would have been nice to have a clean break and clean answer through the election. Nothing seems to be that way anymore. What do you hear in your position about? I guess the very latest from Georgia. So we've got one candidate has been declared a winner, Reverend. What you work next. I'm having my morning revenue, more neck and we're still uh, hey defeated Senator Kelly Leffler and then the second runoff between Senator David Perdue and John Oh, Sof is too close to call. They say that the areas that are remaining are likely Democratic to come in. We'll have to see But you know, I'm look, I'm choosing to look at this. In this way. We have a close house Close Senate, and maybe it's going to force people to talk to each other. Listen to each other and work together. Well, That's because that's because the way you think about things, but it it Whoever leads whoever is is the leader in the house of the Senate. In this case, it looks like it'll be the Democrats. Let's remind them and you can remind some of you Colleagues while you're there in Washington to do that, but they don't have to. That's the whole point of being the ones that owned the house. Our own the Senate. I'm going to be. I'm looking at this very pragmatically. Joe Biden will become elected president or it will be certified. We may go into tomorrow could be a very long Next two days, But Joe Blanton wants to work with everybody. He wants to bring people together and he's gonna set the tone and come come. My Harris will be the tiebreaker in the Senate. If that second sanity goes Democratic. And in the house. They're gonna be people like me. They're gonna be saying, Hey, we got to get some stuff done. We cannot not deliver. First thing we have to do is get the pandemic under control. We need a national strategy to bring this under control. Cases. We're going up or not getting the shots into people's armed. We're now rationing, health care and emergency rooms in some states across the country were rationing oxygen for saw that last night that they were It was a hospital system running out of oxygen. Come on, You know it's not okay. So you know what it's time for help us to get over whatever we are and work together and get some solutions going for the pandemic. Now it look, it's such a topsy turvy screwed up time. We have people. Not lots but enough to get garner a news report of people rushing into malls and stores. Non massacres harassing people because they're wearing a mask. Give me a break. I have to tell you that the last couple of days on Capitol Hill have been very disturbing. Look during the summer I always was out double mast with people but are fouled the rules. Am I do not. It is very disturbing to be in Capitol Hill. Right now. A number of people are not wearing masks. You know, Yesterday I got very angry because one of the new members wasn't wearing a mask and I said one of the policemen they're not wearing masks. Sitting goes, ma'am. You have to go talk to him or not allowed to say anything, And when I came back from voting, he called me over and he said Thank you for fighting for us. We have to work here. We can't say anything. It's our lives that are being endangered. You know, we need to think about it. It's not just us. It's other people in the world. Those frontline workers that are out there that are really scared to death. All that I never I never talked. I've talked to a lot of them. I've never talked to a frontline worker who doesn't understand and appreciate. In fact, with urgency, the idea of wearing a mask Never ever talked to a frontline worker who has real experience, not Bs, but real on the line. People dying in their hands experience that doesn't say with great passion and emotion and sometimes anger. People should be wearing a mask. I don't know what it takes. It's not politics. It's medicine. And it's It drives me crazy. Don't get me started. Well, I'm with you. One of our listeners don't want you and I both going crazy to go, You know? Oh, I don't know. I think they like it. When we go crazy. Some of them would like it if I would yell at you a little more, but I You know, I don't yell at you. We've known each other too long. We can agree. We can disagree. We can agree to disagree. And and I respect you and your friend and s O. You know, if you're waiting for me, the yellow what's that We respect each other. That's part of the problem. Right now way need to weaken, disagree agreeably that we are losing stability in this country. Yeah, I once had a newspaper say that I had mastered this is years ago had mastered the art of disagreeing without being disagreeable. Well, you have. Well, I try. I mean, it's not like I It's not like I don't have passion and feelings and my own thoughts. But I want to hear when you're on your thoughts and feelings, and I agree with some might disagree with somebody that I don't invite you into my house. To beat you up. That's not what I do. Um, if I did, you'd never come back to my house. We learned from each other. You know, now that have different life experiences. We don't have a lock on what's right and wrong. If we, John Diggle used to say God gave us two years and one mouth for a reason you need to listen more and talk less. Does that happen every day? Do you think of what John would say or thinking all these? I would love to have I said yesterday because we just passed L. Brooks Patterson's birthday. I miss L. Brooks Patterson's take on everything that's happening right now. And I would miss John Dingell's Take his well, Don't you wish you could hear what you don't hear? But don't you wish you could see his tweets right now? Yeah, right. Yeah. Yeah. John was a tweeter man here, and, uh, you know, initially, some people thought where he can't be doing this. Somebody else is doing it now. That was job Share town. It was pure John tweeting away like that. I thought you were gonna say. Don't. I wish I could hear what they're talking about in heaven right now. And, frankly, with other respect, I'm not quite ready the here I'm not quite ready to go there and listen to what they have to say. But I'm sure that that's a kind of fun and interesting as well. You know today, It's not clear what's going to happen today in the I mean, it is clear what's going to happen, But I don't know that Michigan will be challenged or not challenged. If Michigan is challenged, I will speak on the floor. But I'm going to talk about John Dingell and George Bush and their friendship and how They put the country ahead of any political gains, and that's what we really need to be thinking about right now. Well on both sides of the aisle. That'd be great if somebody would put the country ahead of their own political thoughts and aspirations, But I'm not sure that many people on either side of the aisle by the way, historic note. It was January 6th 20 years ago. Vice President Al Gore, presiding in his capacity as president of the Senate. Congress formally certified George W. Bush, the winner of the bitterly contested 2000 presidential election since you mentioned President Bush there this is this is one of those special anniversary's January 6th the 2001..
WJR 760
"paul w." Discussed on WJR 760
"19 topic. It is. AH Book by best selling number one Best selling author bread. Meltzer. Brad Meltzer wrote the book The Lincoln Conspiracy. The secret plot to kill America's 16th president and why it failed. Brad. Welcome to the Paul W. Smith show WJR. Thank you, sir. And as a Michigan grad, I I really appreciate you having me on. Well, a fellow Michigan grab great to hear that. I know that's why I said it. Oh, I didn't know Shin too. Okay? What class of wind 99 90 92. Yeah, I was a little before that, um All right. That was a lot less familiar eyes a lot before that. Meanwhile, Brad, this is obviously something you were working on before there was a Corona virus. Even though this is a savior for people who want to have something they could lose themselves in a good book. What led you to writing the Lincoln conspiracy? The secret plan to kill Americans, 60 of president and why it failed. You know, it was just the story itself. We all know the story of John Wilkes Booth and ink Lincoln's presidency. This is the story of the first secret plot to kill Abraham Lincoln at the very start. In order to be sworn in as America's 16th president Lincoln had to take a train from his home in Springfield, Illinois, for Washington, D C. And the only way to get there was to go through Baltimore, But Maryland at the time was a slave state, so the plan was simple. A secret society plotted to kill Abraham Lincoln when he came through Baltimore and then this presidency before it even began. And needless to say, that's not exactly what happened. Imagine how history would have been changed if it had succeeded. That's exactly the whole thing. Right in the middle of the night is a speeding train filled with passengers, including two businessmen, a woman and her invalid brother. None of them are who they say they are on this train. The man is famed Detective Allan Pinkerton, head of the Pinkerton Detective agency. The woman is Kate Warne, America's first female private eye in the fourth man isn't an invalid or her brother. His name is Abraham Lincoln. They give him a code name. They dressed him up in a disguise. Even along in the middle of the night to avoid the men who were trying to kill him, And that's the end of Chapter one. And when I heard that I was like, Can you imagine what happens if it works like you said all of history changes. And that's why the book is important right now. I mean, it's a time in America. The Lincoln Conspiracy is set where the Civil War is just about to break out. America's divided in half. One side hates the other. Whatever side you're on. You think the other side is a bunch of awful horrible people? Does that sound familiar to you? On what you think What you see in the book is what great leaders do in that situation and the greatest of leaders. Abraham Lincoln. The sides, Of course you don't divide us. You unite us. And so the book takes on. Especially in this covert environment, especially where we are politically just a beautiful, beautiful look at real leadership. My goodness you have M Grant. Brad Meltzer, number one New York Times bestselling author of the Escape artist and many other bestselling thrillers, as well as the ordinary people Change the World. Syriza's Also host of the history Channel TV shows Brad Meltzer's decoded and Brad Meltzer's lost history. And you have this thing about Presidents that almost were assassinated. Didn't you have that? Didn't you write the first conspiracy? The secret plot to kill George Washington? Yeah, we started with George Washington. And I found the secret plot to kill George Washington, which really happened in 17 76. And now we said, How do you top you know George Washington, but, of course, using Abraham Lincoln in that book. No. Was blurbed by two U. S presidents. We, you know, loved the book. It was an incredible thing to work on. The amazing part. Was it a kind of overlapped again in the linking conspiracy Because Is this wonderful moment they might favorite in the book. Where the Pinkerton detectives finally go in. Tell Abraham Lincoln. Hey, there's a secret plot to kill you. They go to his hotel room and Lincoln. Stay. Stay. Don't listen. You gotta leave on the next train. We've got to get you through Baltimore Quicker. Skip your event in Philadelphia tomorrow is supposed to be in Philadelphia the next day. On Lincoln's responses. I'm not missing my event in Philly. You wanna know why? Because in Philadelphia the next day, they're honoring at Independence Hall, Abraham Lincoln's greatest hero. A man named George Washington on his birthday. Lincoln says. I'm not missing honoring George Washington, and he risked his life to go there. You'll see a longer on the team, but he gives a speech about uniting the country and says if you don't we don't stand together. You might as well assassinate me and what we know now, when you read the book. That he actually knew there was a plot to assassinate and when he said that, and it's one of the most amazing moments behind the scenes of Abraham Lincoln you've ever seen. I love the fact that even in the midst of all this, they honor George Washington then right after that again, this is where it all kicks in. They jump on this train. They put a disguise on Lincoln. The Pinkerton detective gave Abraham Lincoln's life. I won't I won't ruin how, but it's an amazing moment of their defeat in this secret society. What a great great story the.