40 Burst results for "Pentagon"
Mark Levin
China's Naval Dominance Rises as U.S. Focuses on Diversity
"Around the world the upper hand. China wants to set the stage right now to be able to have absolute naval supremacy in the South China Sea. What are we worried about in the United States of America? Back home? We're worried about that? We're looking at the warnings of history to think to ourselves, hey gee, maybe we should try to do something about this? Nope. Instead, what we're worried about is are we spending enough on diversity, equity, inclusion and accessibility? DOD The has scaled up its spending on DEIA in the past three years, jumping from $68 million in fiscal year 2022 to $86 .5 million in fiscal year 2023. But that figure surged another $28 .2 million to $114 .7 million in the department's initial year 2024. If a DOD's initial request for DEIA funding in the final legislation, the department will have spent $270 million on diversity initiatives across the last three years. $270 million on diversity initiatives. Biden's Pentagon has repeatedly pushed for further adoptions of the DEI agenda in its operations. The department's strategic management plan for fiscal years 2022 to 2026 listed one of its goals as
WTOP 24 Hour News
Fresh "Pentagon" from WTOP 24 Hour News
"Good morning. Welcome into WTLP. Time now is two away. Michael and Sons heating up tune for only $59 .00. Driving in weather on the when it breaks. Good morning to Jim Berger in the WTLP Traffic Center. Thank you, Dean. Good morning, everyone. Watch out the for broken down tractor trailer. This is on Southbound 95 just to the south of Centerport Parkway on the way to Fredericksburg. The right lane is black traffic getting by to the left without too much difficulty, and there are no delays on the northbound side of 95, leaving Fredericksburg heading past the work zone that blocks the right lane near the Dale City truck scales and heading up to Springfield. Still had that work zone southbound 95 near Dale City. Left lane is getting by, and then both directions of 395 looking just fine between Springfield and the Pentagon. Had that work zone southbound on 395 the 14th Street Bridge. This is a new road work. Only the far right lane is getting by. There are no major delays in the far right lane northbound EC 295 between Eastern Avenue and US 50 in Prince George's County, right around the city county line. You're going to find the left lane only is getting by that work zone. There are no major delays on southbound EC 295 in from Maryland to the 11th Street Bridge and I 295 Anacostia Freeway clear between the flyover ramp and the beltway chain south of town. Go electric the Fitz way looking for an electric car. Try the new Subaru Solterra Hyundai Ionic or the Toyota BZ4X state and federal incentives available. Go electric at fits ball com. I'm Ken Berger WTOP traffic. Plenty of sunshine later this morning and into the afternoon with daytime high temperatures anywhere from around 50 to 55 degrees that's inside and around
Bloomberg Radio New York - Recording Feed
Monitor Show 05:00 11-09-2023 05:00
"Interactive Brokers clients earn up to 4 .83 % on their uninvested, instantly available U .S .D. cash balances. Rates subject to change. Visit ibkr .com slash interest rates to learn more. And the Bloomberg Business Act. This is Bloomberg Radio. From the Bloomberg Interactive Brokers Studios, this is Bloomberg Daybreak for Thursday, November 9th. Coming up today. The U .S. carries out an airstrike in eastern Syria. We hear from Hillary Clinton about the Middle East conflict. Foreign policy takes center stage in the latest Republican presidential debate. Hollywood actors reach a deal with the studios to end their strike. And Disney shares rally following its earnings report. New York Mayor Adams addresses crime and the controversy over his campaign fundraiser. Plus, the Census Bureau says the U .S. population will likely shrink by 2100. I'm Michael Barr. More ahead. I'm John Stashow and sports. The Knicks beat the Spurs. The Nets beat the Clippers. And the Giants are turning to a rookie quarterback. That's all straight ahead on Bloomberg Daybreak. On Bloomberg 1130 New York. Bloomberg 99 .1 Washington, D .C. Bloomberg 106 .1 Boston. Bloomberg 960 San Francisco. Sirius XM 121. And around the world on BloombergRadio .com and via the Bloomberg Business Act. Good morning. I'm Nathan Hager. And I'm Karen Moscow. Futures are little changed this morning and the yield on the 10 -year treasury 4 .53 percent. Nathan. Karen, we begin with the latest developments in the war in the Middle East. The Pentagon says the U .S. has carried out an airstrike on a weapons warehouse in eastern Syria. Defense Secretary Lloyd Austin says the self -defense strike was in retaliation for attacks on American forces in Iraq and Syria. Meanwhile, Israel says some 50 ,000 men have been killed.
WTOP 24 Hour News
Fresh "Pentagon" from WTOP 24 Hour News
"17th in the majestic kennedy center concert hall tickets at national symphony .org coming right up on wtop next half hour after traffic and weather is representative george santos now on the getting kicked out of congress i'm mitchell miller today on the hill last day of the month it's a good thursday morning thanks for sharing november your 30th with us here at wcop 128 in the morning good the eighths good morning to ken burger and the wtop traffic center and a good morning to you dean good morning everyone a very nice ride for those out and about in the washington area there are no delays anywhere on the capitol beltway both in virginia and maryland all lanes are clear do you have the work zone going on on southbound 395 at the 14th street bridge only the far right lane is open where some delays earlier they've all cleared out with a late find the traffic rolling through that open right lane slow down a little bit past the work zone but other than that it's a clear ride and the earlier work zone 395 and the hov lanes between us1 richmond highway and washington boulevard has cleared no other worries either side of 395 between the pentagon and springfield south of the springfield interchange northbound 95 near dale city for the work zone only the left lane open northbound 95 at the dale city truck scales it's lane getting by in or right lane blocked in that work zone on 66 a good looking ride outside the beltway only one work zone this is westbound right around nutley street you'll find two left lanes blocked uh the westbound 66 express lanes had a work zone on the approach to the beltway that's cleared so i'll answer now open in the express lanes and over by the rosalyn tunnel westbound 66 just after the rosalyn tunnel left lane is open past the work zone i'm ken burger wtop traffic plenty of sunshine moving through the morning and into the afternoon with daytime high temperatures ranging from the upper 40s to lower to middle 50s winds will be
Dennis Prager Podcasts
A highlight from Diversity Disaster
"Welcome to the Dennis Prager Show. I'm your guest host, Karl Jackson, sitting in for Dennis Prager. The number to call into the program, one eight Prager seven seven six. That number again is one eight Prager seven seven six or one eight two four three seventy seven seventy six. All right, I want to thank first off Dennis Prager and Sue for allowing me to sit behind their microphone and then entrusting me behind their mouth. I've got my back right here at AM 950. The answer Orlando .com right here in Orlando, Florida. Sean McConnell is in my ear. I want to thank Alan Estrin as well for allowing me as well to sit in and contacting me. Who do we have watching the lines there, Mr. McConnell? Tony is on the line. Thank you, Tony. Good to see you. All right, the number to call in one eight Prager seven seven six, one eight Prager seven seven six. I'm going to do things a little differently today. Of course, we'll touch some of the hot topics and some of the leading headlines of today, but I'm going to go I'm going to go somewhere else today and and and we'll bob and weave throughout the throughout the program here. I think I want to start here. I want to make some emphatic comments, and I know a lot of people might not be comfortable with these comments, but by the end of the show, I hope and pray that you will be and you will understand just how important they are, because there's a war that is occurring not just against Israel and Hamas or, dare I say, Israel and Iran, a war, sadly, that the United States government, under the leadership of Joe Biden, has helped to cultivate. And I say that, sadly, but I believe it to be true with all of my heart. But there's a war that's taking place right here in the United States, and I believe that it's already begun. We're going to talk about several issues, and honestly, we'll go throughout the entire three hours. They're not necessarily going to be broken up, but we're going to talk about crime right here in the United States. We're going to talk about the border problem. We're going to talk about the problem that is Islamist, Islamicism or Islamism or Islamic Jihad. We're going to talk about all of these issues because I think they're very, very important. But first, let me say this. Let me start off with this. Many of you in the audience or many of you in the listening audience have been taught to believe that diversity is our strength when it comes to America. That is a damn lie. Diversity is not our strength. Diversity will be our downfall. Now, if you're talking about diversity as far as the brain is concerned, that would be one thing. But unfortunately, when it comes to DEI, that's not what we're experiencing today. DEI, diversity, equity, inclusion, CRT, all of that racist bullcrap, that is taking us down. That is identity politics. What that has caused us to do is to divide on issues that we shouldn't be divided against. Let me say this. Even if you are an anti -Semite, even if you are an anti -Semite, even if you're a bigot and you're a despicable person in that sense, in my opinion, we all should be able to agree that when it comes to, let's say, listen, I'm not going to hold any punches. So parents, for those of you parents that are listening in, I'm going to describe some of the things that we know took place in Israel at the hands of Hamas. And so I just want to brace you. And this might be a recurring theme throughout the show. So if you have little ears around, I want you to brace them. I am a Christian, so I will try to watch my mouth, but I'm going to shoot straight with you. I'm going to shoot straight with you. And I believe that you deserve nothing less than for me to shoot straight with you. But we used to believe at least that when it came to, let's say, rape, killing women and children, beheading people, that should be a line that I think we all can agree that we should not cross, right? I think we, at least in the United States of America, we used to believe that those things were evil, right? I mean, anti -Semitism is evil, but we understand that there's going to be bigots if you don't act on your beliefs when it comes to that. Okay, listen, it's a free country. I can't stand you, but it's a free country. But now we seem to have quote unquote Americans that are Hamas sympathizers, that are terrorist sympathizers, and they don't belong here. They don't belong here, in my opinion. They're anti -American. So I'm here to say diversity is not our strength. That's total BS. It's going to be our downfall. And the left is specifically and intentionally focusing on issues that will divide us. This is dangerous. Let me tell you some of the things that should happen. I'm going to talk about, man, I get so much, it's insane. But I'm going to talk about the 1965 Immigration and Nationality Act, how stupid that was and how that's coming to bite us in the butt. Another thing that the Democrats embraced because they were losing the vote, that's part of the reason and why they finally embraced or they tried to leave their racism in the past and tried to project it onto Republicans. So we'll talk about that a little bit. I want to talk about the warfare that is immigration. A lot of people are thinking of war in conventional ways, and we should be, right? We should be on our guard. But I'm going to talk to you about the warfare by immigration, the warfare that is our immigration system, the warfare that is our open borders. Also, I'm going to talk to you about popping caps. We're going to talk about the Second Amendment. We're going to talk about the lies that the Vice President Kamala Harris was spewing last week when she was in, whatever, the press conference that she gave with the Australian Prime Minister. I got some numbers for you, and the numbers and the things that she were saying were just a complete and utter lie. That lady, I hate to say it because I don't want to be mean, but the truth of the matter is that lady is dumber than a box of rocks, and she has no business being Vice President of the United States. Now, Joe Biden is almost equally as dumb, but I don't even think he's as dumb as her, despite the fact that, in my opinion, the man has dementia. This is one of these left -wing people and Vice President Kamala Harris that has literally, I believe, been trained up in some of her thinking without really thinking about it, if you will. Let me tell you where we should start when it comes to immigration, and we'll get into this, and we'll get into the war by immigration. We'll get into this nonsense about the Australian buyback program and how it allegedly saved lives and reduced the numbers of gun ownership. All of this is a complete and utter lie. That's all the left do. They lie, they lie, they lie, they lie while they destroy the country. And if you hate America and if you're pro -Palestinian, which means pro -Hamas, I can't stand you behind, and I hope you leave the country. Move to Gaza. I hear there's an excellent fireworks show happening there right now that you could be a part of. All right, so merit -based immigration. I want to talk about that. Merit -based immigration. We need to move back to a merit -based immigration, and this is very important. This is crucial for our survival. Sadly, I don't think any American president has done it effectively in quite some time. We had a moratorium, and then with the Immigration and Nationality Act of 1965, we destroyed that, and we began to destroy America. Democrats began to destroy America. Here's where we should be. Here's what we should be doing. All right, so currently, as it stands right now, we allow 1 .1, approximately 1 illegal, .1 I'm sorry, legal immigrants into the country annually. All right, we're going to have to change that makeup due to what Joe Biden has done, the open borders, because I'm telling you, guys, there's a war of immigration that is taking place. And while we sit here and we watch for, we wait for the beheadings and we wait for the mass shootings and all of this kind of stuff, I'm telling you, we are already at war. And China is at the helm. A lot of these countries in the Middle East, exception being Israel, are useful idiots for China. They don't realize that yet, but they will someday. They will someday. Russia also, they will someday. They'll realize it that they're useful idiots for China. But currently we allow in, again, approximately 1 .1 legal immigrants into the United States. The makeup of that is going to have to change. We'll talk about that. And I'm sorry, I think there's going to have to be a moratorium on that. At the very least, I believe we're going to have to cut those numbers in half until we can control the immigration process that doesn't seem to exist right now. I mean, these open borders are absolutely scary to me. This is the biggest threat. This is the biggest threat hitting the United States of these things. I've talked about how the left is trying to depopulate America. Perhaps I'll reintroduce you to that to some extent, but our open borders is a war that is being waged on us. And sadly, we have a United States government under the leadership of a Joe Biden that is participating. And it's sad. So that's going to have to be cut down. I want either that number cut in half, or I want a total moratorium for seven to 10 years. We'll be talking about that after the break. I got some other recommendations that need to happen right away when it comes to the border, if we're going to start saving this country. But we need some strong men and women that are willing to do it. Carl Jackson and for Dennis Prager, we'll be back in a few. Gold dealers are a dime a dozen. They're everywhere. What sets these companies apart and whom can you really trust? This is Dennis Prager for AmFed Coin and Bullion, my choice for buying precious metals. When you buy precious metals, it's imperative that you buy from a trustworthy and transparent dealer that protects your best interests. So many companies use gimmicks to take advantage of inexperienced gold and silver buyers. Be cautious of brokers offering free gold and silver or brokers that want to sell you overpriced collectible coins, claiming they appreciate more than gold and silver. What about hidden commissions and huge markups? Nick Grovitch and his team at AmFed always have your back. I trust this man. That's why I mentioned him by name. Nick's been in this industry over 42 years, and he's proud of providing transparency and fair pricing to build trusted relationships. If you're interested in buying or selling, call Nick Grovitch and his team at AmFed Coin and Bullion, 800 -221 -7694. Americanfederal .com, Americanfederal .com. All right, welcome back to The Dennis Prager Show. Such an honor to be sitting behind Dennis's microphone. I mean, I adore the man. He's absolutely brilliant, and we all should look up to him, frankly. Hat tip Breitbart, the Pentagon says the U .S. military launched airstrikes early Friday on two locations in eastern Syria linked to Iran's Revolutionary Guard Corps. So the U .S. strikes Iran linked sites in Syria in retaliation for the attacks on U .S. troops earlier or last week. Isn't this amazing? Isn't this amazing? So the U .S. military launched airstrikes early Friday on two locations in eastern Syria linked to Iran's Revolutionary Guard Corps, the Pentagon said, in retaliation for a slew of drone and missile attacks against U .S. bases and personnel in the region that began early last week. Man, I wonder if they could have afforded those drones had Biden not paid for them. Isn't it amazing how we've come full circle with the disaster that was the Afghanistan withdrawal, with the Taliban now running Afghanistan, $85 billion approximately in military equipment that we left behind that could be reverse engineered by China, were the Taliban to sell it to China, and let's assume that they did. I mean, it's phenomenal. It's amazing. We wouldn't be in the predicament that we are in were it not for Biden and the Democrats that voted for Joe Biden. And yes, I'm going to say that often. I'm going to say that loudly. If you're wondering what's happening around the world, if you're seeing what appears to be, I mean, the beginning steps, Lord willing, I hope that I'm wrong. I hope this does just end up being a move between Israel and Iran and their proxies in Hamas and Hezbollah. But let's not be naive. There's going to be a lot of leaders around the world that are looking at this decrepit dementia patient that are in the White House and they're saying, now is the time to make my move. And we have to wonder if those moves are not only going to reshift political allies and adversaries around the globe. It's insane. We simply don't know what's going to happen. But I can tell you what we need to do to start protecting our own border and to get ready for the fight. By the way, we'll be sharing as well, if I can get to ways that you need to prepare for a terrorist attack, because it's going to happen. And again, I think there's a war that is already being waged. I want to be clear, an unconventional war of sorts, where the ground troops are amassing their soldiers around us. And we have an administration in the White House that is fully complicit. Either they're stupid or they're complicit. Either way, we're very, very important. There's a piece, too, that I'm going to want to share by Ann Coulter. She wrote a fabulous piece last week. But I do want to get back to this immigration issue, because I believe it's important. Girl, are you a racist? Are you a bigot? No. No. I'm an American. I'm an American. Guys, we're not a nation of immigrants. This diversity, equity, inclusion, bullcrap. We're a nation of diversity. We're strengthened by diversity. That's all bullcrap that a lot of these college elites that have taught many of their students that have come through that don't have real world experience. That's just total bullcrap. All right. I'm sorry. Diversity does not make America stronger. Diversity makes America weaker. Diversity and thought and thinking, sure, where we can debate, go back and forth. That's not what the left is talking about. They love their people groups. They love the LGBTQ barbecue community. They love dividing men and women. You name it. They love dividing people because the left loves chaos. And what happens is, and sadly, we're starting to see this occur within the Republican Party, too. It's gotten so divisive within the Republican Party. I'm not even sure that we can win 2024. A lot of ignoramuses within the Republican Party. I'm so tempted to leave. You cannot believe it. But I'm not even convinced that we want to win 2024, to be frank with you. But said having that, we've gotten so divided, so divided that we're giving the elites exactly what they want. And so I'm like, can we at least unite here? We need to seal up these freaking borders. I'm sorry. I appreciate that there's a lot of people that want to come to America legally, but you're going to have to be punished because of the sins of the Biden administration letting people in illegally. So we've got 1 .1 approximately million people coming into this country. Every year, I want to ramp that back. I want that cut in half or I want a moratorium. And frankly, I would prefer a moratorium on illegal immigration, 7 or 10 years, whatever it takes us to make up this amount. And I want the people that have come in in the last couple of years deported. Full stop. Full stop. All right, for the Ilhan Omar's and all these people that think America is evil, why the hell would you want people to come to this country if it's so evil? Except that there's a plan. I want the visa overstays. They need to be deported. That's something that a lot of people don't consider. But even visa overstays, that's a way in which a lot of people come into this country. They stay in this country. We don't search for them in places like Australia, New Zealand. If you're there on a visa, a work visa of any sort, the day that your visa is up or perhaps the day before, they are knocking at your door, making sure that you're packing and ready to leave. We need to do the same thing. I really don't give a flip what your skills are at this point. I really don't. I really don't. Merit -based job -related reasons. When Trump was in office, this is one of the things that Trump said he wanted to do, unfortunately. And I got to find the quote. He literally said at the time, this is something we could work on after the 2020 election. Unfortunately, the left beat him to it. That is why when you have power, when you're in office, you better use it. You don't wait for jack crap. You use it. You use it. We can never make those mistakes again. The executive orders, great. We need legislation. And you use that power and you twist ankles, you twist knuckles, you twist elbows, you do whatever you got to do to use power. That is the difference between the right and the left. The right is willing to wait for elections, but the left, even when they lose elections, they seem to win because their agenda always moves forward. It's amazing to me. But at the time, Trump said, listen, this merit -based thing, when it comes to job -related reasons, let's grow that right now. 12 % of the people come into this country that's merit -based, job -related reasons. Let's jump that up to 57%. And I do appreciate that. We didn't get it done. We should have gotten it done. Family -based immigration currently makes up two -thirds of all immigration. That would need to decrease sadly, maybe to one -third. And again, I would prefer a moratorium, but at least we got to start somewhere. When it comes to asylum or diversity visas, they would have to be decreased by more than half. Right now, they stand at about 22 % of immigration. That's legal immigration, by the way. That needs to be cut down to 10%, again, with the caveat that I would prefer a full -out moratorium for the next seven to 10 years. It just has to stop. We've learned what diversity is. And unfortunately, what these elites have been telling our children that are going to these elite colleges and universities, and not even just the elites, I don't care if you go to community college nowadays, the stuff that they're teaching in these schools are just loony. And these people are graduating and running our country. This is Carl Jackson in for the great Dennis Prager. We'll be back in a few pretty soon. I got so much more to get to. It's insane. Stay tuned.
News and Perspective with Tom Hutyler
Fresh update on "pentagon" discussed on News and Perspective with Tom Hutyler
"With the latest on a blaze in Columbia City. It's 2 30 of us has released more hostages. Cross The Red says it's transferred 14, including a woman with dual US Israeli citizenship. The exchange as a 60 ceasefire comes to an end. Talks are now underway to extend the truce. The Pentagon confirms a rocket attack on a base in Syria where US troops are stationed. President Biden taking a talking jobs in a visit to a clean energy plant in Colorado across America. Instead of exporting jobs, companies both foreign and domestic are creating jobs here in America. The factory is located in Congress with low in Bo Burt's district. She's a Republican who has voted against the president's infrastructure plan. One person is dead after a US military Osprey aircraft crashed off the Japanese coast. Force The Air says it happened during a routine training mission. House Speaker Mike Johnson says members are likely to vote Friday on privileged a resolution to expel New York Congressman George Santos. Daria Albinger, ABC News, news radio 1000 FM 97 7. Stay connected, stay informed. Continuing our news watch here at 2 31. I'm rick fan size investigators trying to figure out what caused a vacant
The Café Bitcoin Podcast
A highlight from Bitcoin Beginner Q&A with Tomer Strolight and the Caf Bitcoin Crew - October 30th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohleit, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right, all right. Good morning to all of you Cafe Bitcoiners. It is Monday, October 30th, and it's going to be Halloween tomorrow night. A bunch of people probably did their Halloween stuff over the weekend. There was a bunch of parties and whatever. Anyway, good morning, guys. Good morning, Aunt, Peter, Mickey, Dambe, and gals out there, Tomer, Producer Jacob. By the way, Producer Jacob said that he's thinking about mixing up the intro songs and mix and all that. If you have ideas, if you have songs that you would like to hear played in the morning as we intro the show, everybody sends your request to Producer Jacob. He's going to love me for saying that. What's going on, Aunt? I'm freezing. Are you really? What's the temperature? I don't know, probably like 60 or 50, but that's really cold for Houston. We got problems, Alex. What is this wee shit? Well, Kramer tweeted out yesterday that World War III ain't happening. Why can't everyone just chill? And if the inverse Kramer index is correct, we're in trouble. Oh, yeah. I'm not a big fan of war anymore. I mean, I'm a prior military, but I can tell you from my experience, it don't help much. And it wastes a lot of resources and lives. I saw this thing the other day. I think it was Poso was retweeting something and he was like, wow. You know, people, the Pentagon is basically complaining about the fact that we're low on ammo and bombs and all this other shit and we're expending it all in these foreign wars. And I'm like, bro, who stands to gain from war? Who stands to gain the most? If you are one of these people who own a lot of shares and Lockheed or whatever company is part of the military industrial complex that is building those cruise missiles and the bombs and all that other kind of stuff, and they use it up and it has to be replaced, I guess you're doing okay. You know, I don't know if you guys have heard the name of this dude, but I believe his name, if I'm not saying incorrectly, is M. Shell Meyer Rothschild, founder of the Rothschild banking empire. And I'm going to paraphrase him, but he basically said that the best customer in the world is a nation at war. I don't know. Huey Bono, man. Fight by war, not wars. Destroy power, not people. Well, I mean, one thing you can do is people are like, some people are like, well, what are you going to do about that? Like you can't change it. Really? Really? What if you took your capital out of the Fiat system and you put it into a different system that they cannot use to fuel these endless wars? What if you did that? What if everybody did that? Quoting tip NZ track right there, that's a quote straight out of the intro track. man. Yeah, I don't know. It's time. Feels like it's time. A lot of lizard activity going on lately with all of this, uh, you know, stuff with thin sand, et cetera. We did a bunch of stuff about that last week, but I mean, it's, it's an ongoing thing and will continue to be an ongoing thing. Some people are like, well, yeah, they should know everything about what you're doing. I'm not one of those people. I don't agree with that. I mean, that's bullshit. I think, I think government was created. Government actually exists. If you want to go back to first principles stuff, government exists because of people's desire for protection of private property and persons. That's where it comes from. It's an extension of that. And when it becomes perverted and bastardized and warped, then it starts to do things that you as an individual citizen can't do without being called a criminal. That's how you know it's broken and it's gone far beyond its original mandate. I'm talking about, well, the U S in particular, but many forms of government were, were meant to be that way. It's an extension of, of personal protection and private property. You know, Alex, I wanted to piggyback off that statement you just made with like taking money out of the Fiat system to, to fight like war propagation. Just consider like the, cause like most people think, uh, speaking in hyperbole generalization here, obviously, but most people think that they like to your, your point that they like, well, what can we do about like the system? Just like consider a small, like what a small movement or a small action across a large populace is capable of doing. Like if, if there's like what, 350 million people in the United States, if, if you were to remove $1 per person, that would just be $350 million taken out of like the Fiat system and put into Bitcoin, that's like basically acting as a, uh, as a, uh, protest against the system. Right. Like if we could, like, that's the point of getting like adoption kind of like to, to carry off and to take off like wildfire. Like if we could have a system where people or anybody was capable of just like buying a dollars worth of Bitcoin a day, like that would be, that would be like a, a monumental power shift. I think that would scare the system entirely between like the politicians and Lockheed Martin and all these different contractors. And like, it's, it's in a pretty powerful message in my opinion.
WTOP 24 Hour News
Fresh "Pentagon" from WTOP 24 Hour News
"American. This has answered multiple traffic and weather on the 8th and Dave Dildine in the WDTOP traffic center. Through the district, westbound 395 695 delays from the third street tunnel lead past the remains of a crash. It's after Main Avenue and ought to be clear sooner rather than later but we said that last hour. Southbound on 395 through Northern Virginia volume delays anywhere between the Pentagon and Linconia. Northbound north of Edsel Road police is clear. On the beltway, interloop slowing down from route seven across the legion bridge, outer loop, heavy near and 66 slow from Telegraph Road to the Wilson Bridge but beyond the Wilson Bridge into Prince Georges County slow again. Oxton Hill near 414 St. Barnabas Road response to a crash had the left lane blocked on the outer loop. Farther north on the outer slowing down near 202 and on the north side of the beltway heavy some traffic moving around through Silver Spring on the inner loop. 270 northbound volume delays so far a brief through Gaithersburg, Columbia route 29 southbound. You're on the brakes from 175 past a point well it's just south of 175 and near 32 where you're getting by a crash under police direction 95 works better Baltimore Washington Parkway typical congestion Route 50 delay free between the beltway and Bay Bridge 301 northbound after Central Avenue Lane gets by the road where today it is northbound on 301 they may have wrapped up in the southbound direction. Brighten up the holiday season at City Center DC stroll underneath the twinkling lights at Palmer Alley or taste the holiday cheer in one of their delicious restaurants. Visit City Center DC in the heart of downtown DC. I'm Dave WTLP traffic. Now over to the 7 News First Alert Weather Center meteorologist Jordan Evans joins us. Jordan are we gonna warm up a little bit cuz it was really cold this morning. Well we've already had our high temperature today
Veteran on the Move
A highlight from Delmarva Veteran Builders with Chris Eccleston
"Navy veteran Chris Eccleston is the president and founder of Delmarva veteran builders a fresh gritty commercial construction firm Igniting potential and doing epic things as he brings the veteran attitude to local construction projects coming up next on veteran on the move Welcome to veteran on the move if you're a veteran in transition an entrepreneur Wannabe or someone still stuck in that job trying to escape this podcast is dedicated to your success and now your host Joe crane as A member owned not -for -profit Navy federal puts members at the heart of every single thing that they do At Navy federal our members are the mission find out more at Navy federal org All right talking with Navy veteran Chris Eccleston from Delmarva veteran builders Chris welcome to the show Got some great things to talk about what's going on in the construction industry and what good good things veterans are doing there Before we do all that takes back to us what you did in the Navy Well, yeah, thanks for having me Joe. I appreciate it. Yeah, so I was in the Navy from 2000 to 2006. I was a nuke machinist mate and I was on board the USS Theodore Roosevelt During that time we deployed three different times One for enduring freedom and two for Iraqi freedom. Awesome Yeah, Tomahawks. I Well, I worked down in the reactor room. I was an RM div so not Worked on the I think it was to plant I was on to plant and so we would stand a lot of watch down there and work my way up through all the different reactor division watches and and then also got both of my Warfare pins and all that kind of stuff. So yeah, this is a cool time to be in in the service and Got to see a lot of ocean and then also a lot of different Port calls on the second and third deployment our first one we deployed like like a week after 9 -11 So we were out to sea for quite some time. Yeah, awesome. Well good story So did your transition out of Navy come quickly? Were you expecting it? You know, what was your preparation level at that? Yeah, I think the first and second deployment just because our rotation deployment rotation was so Condensed I just kind of saw that this was a pretty hard life and That I was going to get out I wanted to you know definitely have a wife and kids and I saw I just kind of knew that this is something that I Wasn't meant out for me. I thought I wanted to stay in and be a career guy, but I decided to change So I got I knew I was gonna get out I was just gonna do my six years and then I would get out so I had Decided that I was going to go to college and actually my last deployment I had gotten that calculus for dummies book because I had been out of school high school for six years and had to get prepped for all these Tests and everything. So I was actually out out to sea on my time off teaching myself calculus so I could pass the cow tests when I got back to college, but I you know, I Decided I was gonna go to school. I went to old old Dominion for a year I was gonna I tell people I was gonna go to civil engineering and I remember sitting with a The counselor and and they said that's great You're gonna have to take four years of calculus to get through the civil engineering and I was like, oh man well, how about something that doesn't take that and I said, well, how about construction management and the reason Construction was just so interesting to me was it was so tangible You were part of the team and you could really kind of see the results I mean the reactor is really cool and exciting But once you turn it on it just stays on and then just make sure nothing happens So it's kind of the same thing over and over again So I needed to I need hands ability and that's something in the structure So that's how I ended up in the construction, but I I had a hard time finding a job. I ended up being a trash man while I was in in College I so could not I could not find a job. I mean, I remember applying You know any anywhere I just kind of needed some work to supplement my income While I was in college Because then they I had the GI Bill, but they didn't have to post 9 -11 GI Bill yet So I still had to pay rent he grow You know had to pay it had all that that I had to pay for so I had to get a job while I was going to college So I ended up Being a trash guy and that's what I did I would go into houses and then clean out like all the drywall scraps and Wood scraps and all the trash and everything then take it to the dump and I could try and get one or two loads You know, I'd structure my days half days. So you don't meet a lot of people in college smelling like the dump and You know being five or six years older than everybody else, but it is all good. I wouldn't change it for the world Yeah, so So you did finish in school? I did. Yeah, I got my degree. I got my degree in three years. I actually Changed colleges from Old Dominion to the University of Maryland Eastern Shore I ended up getting a job as a as a construction laborer at a local construction company and Then working my way up in project management I did that all in about three years and And then I started I worked at that company for four or five years and then about ten years ago I started my own business and The reason Delmarva veterans builders and for the listeners out there Delaware, Maryland, Virginia that Delmarva It's a peninsula about two hours east of Washington DC It was a testament to the the veteran attitude I thought that we could bring that kind of attitude and mentality to the local construction workforce and we would kind of elevate or make it a little bit more professional than The the competition and we would just have a lot of success really fast and that's what we did We were really really successful. We took off, you know, we had the hockey stick curve and It was just a lot of fun. So but it I wanted to Really kind of hone in on veteran employment not only like permanent employment, but kind of transitional because at that time this would have been 2012 13 when I started business 13 The wars were winding down veteran employment was really unemployment was really really high. So The the timing was was right for that. And so it was in the national news all the time But I just knew that that mentality that type of workforce and then really just the construction industry and the you know, the military have a lot of nice parallels teamwork Clear goal in mind. Yeah, they're deliverables all that kind of stuff. So it's a nice parallel. Absolutely Service isn't just what Navy Federal Credit Union does it's who they are That's why Navy Federal created tools to help you earn and save more make your financial goals a reality with great rates and low fees Navy Federal Credit Union likes to reward their members for using their credit cards and You can earn up to 1 .75 % cash back on all purchases with the cash rewards card when you sign up for direct deposit When you use the Navy Federal mobile app, you can redeem your rewards as soon as you earn them plus Rewards never expire learn more at Navy federal org insured by NC UA Open to the Armed Forces the DoD veterans and their families credit card value claim based on 2022 internal average APR Assigned to members compared to advertise industry APR average published on credit cards comm terms and conditions apply Hello everyone, I'm sergeant of the Army retired Dan Daly and I'm lieutenant general retired Leslie C Smith and we're the hosts of Army matters We bring you stories from the battlefields to the barracks to the boardrooms we have stories of bravery I don't think there's a guy that got out of that vehicle without a Purple Heart of leadership And they're the four pillars that the military taught me which I use every day in my business world stories of family to me an Army of anything is very strong and I wanted both of my daughters to have that within them Stories of how I kept Dan Daly out of trouble for all those years in the Pentagon Maybe we shouldn't tell those stories.
WTOP 24 Hour News
Fresh update on "pentagon" discussed on WTOP 24 Hour News
"A witness did tell japanese media that they saw the plane's left engine on fire as it now came the autospree is unique it's an aircraft that can tilt its rotors to fly like a copter or like a plane but it has a questionable safety record with multiple crashes including two in the pacific region one just this past august the u .s is stepping in in hopes of keeping fighting between israel and hamas at bay pentagon correspondent kami mccormick secretary of state antony blinken is heading back to the middle east will be focused on doing what we can to extend the pause so that we continue to get more hostages out and more humanitarian assistance in israel has been facing mounting pressure to extend the truce both sides are said to be considering the possibility of a new phase of the truce deal which could include the release of israeli soldiers held in gaza twelve more hostages were released last night winters not officially here yet but it's declaring itself in a big way in parts of
The Crypto Overnighter
A highlight from 699:Warrens Bill, Chinas Mining Ops & SEC on Grayscale
"Good evening, and welcome to The Crypto Overnight. I'm Nick Ademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10 p .m. Pacific on Saturday, October 14th, 2023. Welcome back to The Crypto Overnight, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight, we'll be diving into the legislative halls of the U .S. Senate, peeking behind the courtroom doors, and even taking a luxurious ride with Ferrari, all while exploring how the crypto landscape is evolving in response to these pivotal events. Buckle up, and let's get started. In a recent development that's stirring the legislative waters, the ties between the militant group Hamas and cryptocurrency have been a focal point in the U .S. Senate. This connection is lending significant energy to Elizabeth Warren's money laundering bill, which aims to tighten the noose around illicit financial activities involving cryptocurrencies. The allegations of Hamas utilizing cryptocurrency to fuel their operations have reignited concerns among U .S. lawmakers about the dark side of digital assets. This shadowy linkage is serving as a catalyst for Senator Warren's bill, which is now gaining traction in the Senate. This bill is seen as a crucial step towards bringing a semblance of regulation to the Wild West of cryptocurrency. In theory, it's designed to stem the tide of money laundering activities by enhancing the oversight on transactions carried out through digital assets. By doing so, it aims to strip away the veil of anonymity that currently shrouds the crypto realm, which has served as a fertile ground for illicit financial activities. However, the exact nature and extent of Hamas involvement with cryptocurrency remains shrouded in ambiguity. While the allegations have brought this issue to the forefront of legislative discussions, there's still a significant lack of concrete evidence linking Hamas to crypto -based financial activities directed at Israel or any other entities. This speculative nature of these allegations only adds fuel to the fire of the ongoing debate on cryptocurrency regulation in the U .S. This situation underscores the delicate balance between innovation and regulation. On one hand, cryptocurrency holds the promise of financial freedom and decentralization, ideals that resonate strongly with a large part of the global population. On the other hand, the potential misuse of these digital assets for nefarious purposes poses a serious threat that lawmakers are keen to address. Senator Warren's bill is a flat -out overreach. Full stop. It's a move that will stifle the innovation and financial freedom promised by cryptocurrencies. The recent developments surrounding the alleged crypto funding of Hamas have undoubtedly nudged this regulatory needle towards a tighter grip on digital assets. Senator Warren's bill symbolizes the growing concern among lawmakers about the potential misuse of cryptocurrencies for sinister purposes. The incident also serves as a stark reminder to the crypto industry about the uphill battle it faces in the quest for mainstream acceptance, especially when adverse events like this bring to light crypto's darker potential. Alright, that wraps up our deep dive into the legislative halls of the U .S. Senate and the dark corners where crypto and terrorism converge. If you're concerned about the impact of this news on your digital assets, you're going to want to stick around. Up next, we have a geopolitical thriller in the crypto mining world. Chinese bitcoin mines are springing up close to sensitive U .S. locations. It's a story that's sure to make you rethink the notion of friendly neighbors. And hey, if you haven't yet, do click that subscribe button and The emergence of Chinese bitcoin mines on U .S. soil has been stirring the waters of national security, igniting a discourse that extends far beyond the crypto realm. This scrutiny comes as some of these mining operations have been found to have ties with the Chinese Communist Party raising eyebrows over the proximity to critical U .S. infrastructure. One particular operation located next to a Microsoft data center that supports the Pentagon and an Air Force nuclear missile base in Cheyenne, in a note to a U .S. government committee, articulated the potential risk stating that the locations could provide advantage point for the Chinese to pursue intelligence operations. Although there haven't been direct indications of malicious activities, the scenario paints a picture of potential threat vectors stemming from the computing power of an industrial level crypto mining operation, especially with an unidentified number of Chinese nationals in close vicinity to strategic U .S. installations. Bit Origin is the company linked to the Cheyenne mine. They transitioned from a pork processing facility to a crypto data center. That's quite the renovation. The choice of location was reportedly influenced by an agreement with local utility providers, not the proximity to the Microsoft data center or the missile base. The ripple effect of China's 2021 bitcoin mining ban is evident. Many Chinese companies redirected their operations to U .S., especially to crypto -friendly states like Texas and Wyoming. The landscape shift also unveiled a complex web of connections with some operations having tied to state -owned entities concealed behind layers of shell companies. For instance, YZY Capital Holdings, controlled by a Chinese businessman and Communist Party member, acquired land near the Microsoft data center for bitcoin mining. Despite legislation like Texas' Lone Star Infrastructure Protection Act, which is infrastructure by businesses owned by foreign adversaries, the lucrative state incentives have kept the Chinese -tied bitcoin mining operations afloat. This situation unveils a gray area, where the operations, although legal, could place enormous stress on the grid and could be used in concert to wreak havoc. The narrative aligns with the broader geopolitical tension. The Office of the Director of National Intelligence warned that in the face of a major conflict, China could consider aggressive cyber operations against U .S. critical infrastructure. The extensive use of bitcoin mining machines from Bitmain highlights the dynamics at play. Bitmain is a dominant Chinese manufacturer with no direct government ties. That said, some exports were channeled through a subsidiary. That subsidiary listed its address as a Communist Party guest house. So that shows how things can become entangled. The lens through which the U .S. perceives the Chinese mining operations on its soil is tinted with national security concerns, underlining the broader implications of the crypto industry in geopolitical theater. The growing presence of Chinese bitcoin mines on American soil delineates a broader narrative of geopolitical maneuvering in the crypto mining landscape. The situation shows how real -world geopolitical frictions are testing the decentralization ethos of cryptocurrencies. Chinese mining operations, especially those with ties to the CCP, pose substantial security risks. Moreover, the situation also casts a spotlight on the regulatory gray areas surrounding cryptocurrency operations within the U .S., provoking a potential re -evaluation of legislative frameworks to better safeguard national interests. Furthermore, this underscores the ripple effects of China's stringent anti -crypto stance. As Chinese mining operations seek more lenient shores, the U .S. has become a significant player in the global crypto mining landscape. This transition also embodies a subtle, yet significant power shift in the global crypto economic framework, pivoting the access of crypto mining power from east to west. The dynamics also beg the question of how the U .S. will navigate the fine line of fostering a conducive environment for crypto innovation while mitigating the attendant national security risks. From geopolitical tensions to regulatory roller coasters, the SEC has dropped a bombshell, or rather opted not to. They've decided against appealing a court ruling in favor of Grayscale's Bitcoin ETF. What does this mean for crypto's mainstream acceptance? Stay tuned to find out. But since you're still here, give us a thumbs up and make sure you're following us for more analysis. The unfolding situation surrounding the Grayscale Bitcoin exchange -traded fund has taken an intriguing turn as the Securities Exchange Commission decided against filing a last -minute appeal to challenge an August court ruling, consequently advancing the likelihood of crypto asset manager Grayscale launching a Bitcoin ETF. This step by the SEC, although not cementing the approval of Grayscale's application, surely signifies a perceptible shift in the regulatory dynamics. The crux of the matter dates back to when Grayscale sought convert its Bitcoin trust into a spot Bitcoin ETF, a proposal initially turned down by the SEC. This rejection led to a legal contest, culminating in an August verdict by a federal appeals court. The court deemed the SEC's disapproval as arbitrary and capricious, pointing out an inconsistency where the SEC had previously cleared Bitcoin futures ETFs for trading, yet opposed the spot ETFs proposed by Grayscale. This ruling nudged the SEC to revisit its stance on Grayscale's application. The window for the SEC to appeal the court's decision was ticking away towards a midnight deadline. However, as the deadline approached, the SEC chose not to contest the court's ruling. This does not automatically tip the scale in favor of Grayscale, but it amplifies the optimism within the crypto industry about the eventual nod for a spot Bitcoin ETF. This development sent a modest ripple through the Bitcoin market as well, as its price experienced a minor surge of roughly 1 .3 % in the moments following the news. A source familiar with the matter indicated that the SEC made the decision ahead of the deadline. SEC Chair Gary Gensler, earlier in the day, chose to remain silent about a potential appeal, declining to comment when asked about it during a press conference. Jennifer Shulp, the director of financial regulation studies at the Cato Institute, emphasized that while the decision by the SEC is a step towards the potential approval, it is not a guarantee. The road towards approval could still encounter legal snags as the SEC could re -review and possibly deny the application on different grounds, potentially igniting another round of legal tug -of -war. The SEC's non -appeal may be indicative of changing tides in the regulatory landscape, changes that could possibly herald a new era of acceptance and recognition of cryptocurrency -based investment vehicles such as ETFs. This move, or lack thereof, by the SEC can be interpreted as a subtle nod to the legitimacy of Grayscale's ambitions, reflecting a potentially more open, or at least less adversarial, regulatory stance towards innovative crypto -based financial products. Gensler has been under pressure by members of Congress to start approving these things. That likely has heavily contributed to this non -action. Moreover, the SEC's silence could be seen as a tacit acknowledgement of the growing influence and acceptance of cryptocurrencies and related financial products within the mainstream financial ecosystem. It's a significant step that not only bodes well for Grayscale, but also sends a positive signal to other firms that might be eyeing similar ventures. While this development is a positive stride, it is essential to note that the road to a Grayscale spot Bitcoin ETF is not entirely clear. The SEC could re -review and deny the application on different grounds, starting the as a breath of fresh air in a heavily regulated and often unpredictable market. It offers a glimmer of hope for Grayscale and the broader crypto community that has long awaited such progressive regulatory measures. Now, who needs a weatherman when you've got the SEC and Coinbase? The regulatory forecast is cloudy, their relationship is stormy, and the SEC is demanding clarity. Up next, we delve into Coinbase's legal push for a clearer stance from the SEC on crypto regulations. If you're new here, you know what to do. Hit that subscribe button and ring the bell to stay in the loop.
The Bitboy Crypto Podcast
A highlight from Bitcoin Created By US Government? (Deep State Secret)
"Jeep Adventure Days is going on now. Hurry in for great deals on a great selection of Jeep brand vehicles. Now get 10 % below MSRP for an average of 6 ,935 under MSRP on the purchase of a 2023 Jeep Grand Cherokee 4xe. Don't miss this great offer. Not compatible with lease offers or with any other consumer incentive offers. 6 ,935 average based on 10 % below average MSRP from all 2023 Grand Cherokee 4xe models in dealer stock. Residency restrictions apply. Take retail delivery from dealer stock by 1031 .23. Jeep is a registered trademark. Did DARPA and the NSA create Bitcoin as the fall guy for Fiat currency? Many people look at Bitcoin and crypto as something that is new, risky, fad, maybe even risky business. But what if I were to tell you that NGOs and government organizations within the United States government have been working on this creation since 1974? Bitcoin's elaborate design and mysterious beginnings leave many questions for the casual speculator. Who created Bitcoin? Is it able to be hacked? And if what I'm about to lay out for you is to be true and the US government is in fact the creator of this monumental tech, why would the powers that be give life to a direct competitor of the world reserve currency, the US dollar? The earliest accounts of systems of the past paving the road for Bitcoin first emerged in 1974. A publication of a protocol for packet network intercommunication was published by Vinton G. Cerf. Cerf's research notably was supported by DARPA. Kind of weird, right? His work laid the foundation for many core concepts used in Bitcoin, including packet switching, routing, and error corrections. These concepts allowed for the creation of what we know now as Bitcoin in the decentralized network that can transmit data reliably and efficiently. Specifically, Bitcoin uses packet switching to break down data into small chunks that can be transmitted over the network independently. This allows for a more efficient use of the bandwidth and makes the network more resilient to attacks. Bitcoin also uses routing to determine the best way to send that data from one node to another, and this ensures that the data is delivered quickly and reliably as possible. Finally, Bitcoin uses error correction to ensure that the data is not corrupted during transmission without the concepts laid out in the Cerf and Khan publication, it would have been much more difficult to create Bitcoin as it is today in the decentralized digital currency. As you can see on this timeline, many different publications and developments from then have all been aimed at the same goal, immutable, secure, and direct transactions. Around 1996, things heated up in the advancement of this tech with a publication from Tatsuwaki Okamoto of the NSA. This publication was labeled How to Make a Mint, the Cryptography of Anonymous Cash. This peer -to -peer translation system mirrored the exact intentions of what was laid out in the Bitcoin whitepaper later on by Satoshi Nakamoto in 2008. The similarities of both the work done and the name were recently highlighted by Nick Carter, sparking theories of a potential connection. There is a connection that is indisputable between Bitcoin and the NSA, and that is the connection to the U .S. government and Bitcoin's architecture, SHA -256. The NSA has a long history developing cryptographic algorithms, and SHA -256 is one of its most successful creation. It's a cryptographic hash function that is used to generate a unique fingerprint for any piece of data. SHA -256 is used in a variety of applications in primarily Bitcoin mining. So if the government did create such a tool and eventually deployed it into society as a form of currency, financial thefts would become nearly impossible, tax evasion non -existent, and a clear picture on the true velocity of the U .S. dollar would be available to governments all around the world. The United States is nearing what is feared to be the end of its lifecycle right now, as commerce and day -to -day transactions continue to move online and the dollar's buying power continues to diminish from out -of -control government spending and printing, the curtains seem as if they are about to close on the empire of the United States. The government and DARPA have likely seen this coming decades ago, particularly beginning in the 70s once Nixon's gold standard rug pull shocked allied nations across the world into realizing that the U .S. was headed for a spending spree for decades to come. The perfect escape out of all this mess for the U .S. and a chance to avert the overall loss of control around world trade as BRICS countries dump U .S. treasury holdings would be to create a seemingly borderless transaction system that garners the trust of the entire world once again. What do you think we are seeing right now as the Pentagon warns U .S. lawmakers that we are running low on funds for a war in Ukraine? Why are they so intent on pissing Russia and China off until all hell breaks loose? Think about it, kick off an economic shutdown followed by a conflict with the leads of BRICS over the control of the worldwide chip production and then usher in Bretton Woods 2 .0. Once all the dust has settled around the world, countries that are still in existence are going to look for direction and as nature abhors a void, they will choose the leader. This Bretton Woods moment will likely have the same result. The chosen nation to lead the world as an example of prosperity. But this time, the currency will not be backed by gold but instead by a basket of currencies including DARPA and the NSA's decades old technology, Bitcoin. BlackRock, Vanguard, and State Street, the real controllers of America, see these threats coming and are getting ready for it. These giants of finance are already holding ownership of America's largest Bitcoin mining companies, crypto exchanges, and soon direct spot Bitcoin ETFs. Why wouldn't Uncle Sam want to keep control of the dollar as the Phantom of the Opera? To think that the government as a whole simply doesn't understand this technology is a fool's notion. The misinformed leaders that are touted on television are a distraction. Bitcoin is the future.
Bloomberg Radio New York - Recording Feed
Monitor Show 23:00 10-09-2023 23:00
"Investment advisors, switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. This week's edition of Bloomberg Intelligence on Bloomberg Radio. Providing in -depth research and data on 2 ,000 companies and 130 industries. And remember, you can access Bloomberg Intelligence through BI Go on the terminal. I'm Alex Steele. And I'm Paul Sweeney. Stay with us. Today's top stories and global business headlines are coming up right now. Several American citizens are among those who have been killed since Saturday's Hamas attack in Israel. That's according to a National Security Council spokesperson who added that officials are monitoring the situation closely and remain in touch with Israeli partners. Exact numbers for deaths and injured Americans are unknown. Meantime, at least 700 Israelis have been killed. President Biden is reaffirming U .S. support for Israel following the attacks. The White House says the president spoke with Israeli Prime Minister Benjamin Netanyahu today and told him additional assistance is on the way to the Israeli Defense Forces. The Pentagon also confirmed the aircraft carrier USS Gerald Ford, along with its strike group, is moving closer to the region to bolster the U .S. military presence. Pope Francis is calling for an end to attacks and violence in Israel. In his Sunday address to the faithful in St. Peter's Square, the pope said terrorism and war would only bring further death and suffering to innocent people and not solve any problems. Francis said war is only a defeat, and he urged people to pray for peace in Israel and Palestine. GOP presidential hopeful Nikki Haley says Saturday's Hamas attack on Israel is something that could happen here in the U .S. Hamas, Hezbollah, the Houthis, and the Iranian backers, they hate us.
The Dan Bongino Show
Sen. Mike Lee: Our European Allies Need to Step up With Ukraine
"Gum, but I'm not willing to shut down the government over Ukraine funding. I'm sorry. story. And yet it seems Mitch McConnell and a lot of swampies over there on your side are obsessed with Ukraine Ukraine over the priorities of the United States, causing us damage in the process. Yeah, there's a ubiquitous obsession in Congress with Ukraine funding. Now, look, I, they're I feel they're polite and I know they're in a tough spot. I don't like and I'm not a fan of Russia. Nonetheless, none of those things mean that this is our war to fight either their directly or through a proxy. We have moreover sent $113 billion to Ukraine already just in the last year or so alone. And so, meanwhile, our NATO allies in Europe, in whose back door all of this is taking place have not ponied up nearly to the same degree. There's no reason why we should continue to fight this war as if it were ours. It's not, especially considering that Russia has nuclear weapons and it has a lot of nuclear weapons. That doesn't mean that under no circumstances do we go to a war against that nation. But we ought to go into it with a clear mind that that's what we've been doing. We've been going into a war, albeit a war through proxy. We have to tread very, very carefully. And under no circumstances should we turn a blind eye to our $33 trillion debt that the law firm currently wants to extend to the tune of an additional $2 trillion for the next fiscal year, simply so we can make sure that we enter into this proxy war even further without any additional commitment from our European allies. This makes no sense. It also makes no sense that we have no plan to achieve peace there. We have no military strategy that's been ever outlined, not by the president, not by the Pentagon, not anyone. So my response
The Financial Guys
A highlight from Rising Auto Theft Rates: Urban Consequences and Solutions
"Well, you see how easy this is now. Now you look at how they move money around and how the in your face money laundering folks, this is what this is. This is corruption and fraud. Some of the Bidens are great at the money laundering part. They got 20 shell corporations, but guess who's getting the guess who's going to be controlling the funding to rebuild Ukraine. We pay to destroy it. And guess what? The Hillary Clinton Foundation gets paid the rebuild Welcome right. to the podcast. We are in the same studio today, which is kind of nice. So thanks again for downloading. If you're just listening, if you're watching or watching the clips, uh, thanks for watching as well. And just for a quick mention, so I don't forget, if you haven't downloaded our app yet, I'm noticing we're getting a lot of downloads and the cool thing is when the morning Mike's program is going Monday, Wednesday, Friday, I'm the, seeing the view count go up and up and up, which is awesome. So I know we're only, you know, we're still in the dozens. I'd like to get into the hundreds and eventually thousands, um, but it's a cool program. If you haven't listened to it, it's a quick 15 minutes to quick by morning, run down three days a week of the top five topics, three minutes each. Do a great job. They do an awesome job when we're, when we fill in the stuff. We screw the whole thing up. Yes. Yeah. We, we blow the whole, the whole, uh, the schedule, but, um, but they do awesome and they're funny. I love it. It's a quick, you know, down and dirty 15 minutes, top five items of the day. And now you get your day started off on the, uh, they, you know, I think on the right foot, they were saying this week, like, Oh, it's so negative all the time, but I think they're hilarious. They take the negative stuff that's going on, but of course the negative stuff isn't the news. Yeah. Yeah. That's what we're seeing. I mean, carjackings again, Rochester had another, you know, record night. I mean, it's incredible how that was going on. And so it's amazing is, is like the Democrats just sit around and watch this happen in every city and every city. It's insane. Yeah. I sent you an article earlier this morning about Philadelphia. Let's see. I can find it. It's, uh, not that it's anything out of, you know, anything that we don't know about, but let's see here. Philadelphia swarmed by alleged juvenile. Come on, come on. Juvenile looters targeting the Apple store, Lulu lemon and footlocker. Yeah. So, cause they're starving. They're starving. They just, just need a little piece of ham and some Turkey. They need clothes and food. That's, that's only fair. I mean, they, you know, and once again, I know we've all heard this joke, but footlocker is not missing one pair of working boots. No, no, all the Nike's, all the Nike. Yeah. Well, some of those Nike's, I mean, Oh my God. Crazy. You know, talking about like, you know, thousands of dollars for a pair of, thousands, thousands of dollars. I was talking to my daughter and she said to one, one of her friends has a, as a pair of shoes were $1 ,200. I'll never forget the most expensive pair of shoes I ever bought. We were just starting a business. This was like 30 years ago now. Right. Crazy to think. And I remember somebody told me that maybe my dad was like, you got to have a decent pair of shoes. Right. And so I went up and I bought a pair of Justin and Murphy's. They're like 120 bucks at the time. Yeah. The most money I have ever spent on a pair of shoes. Now boots, I've spent more money on since because boots are more expensive, you know, hunting boots. Well, there's a purpose to them. I still don't spend more money on shoes. Like I'm wearing like Skechers or like $40. Like some of these Nike's $500. You can't tell me you're running faster. It's different when you're going to go out and buy a pair of like waders or something. You're going to use them. First of all, you're going to use them for the next 30 years. Right. And there's a purpose to them, right? Like, okay, they're more expensive, but I can walk through the water with them. Right. But if I bought like, if I had five, 600 hour pairs of shoes, I'd be afraid to leave the house. I wouldn't, I wouldn't get off the carpeting. Well, they're targeting the Apple store here, Glenn, because they'll buy jobs. And that's the only way to get a job is to make sure you've got an Apple iPhone. So it'll be like Chicago. We talked about this the other week with, with, uh, with Mike Speraza, Chicago is now forced to open or, or just talking about opening, you know, a, a government run grocery store in the inner city because they've all that. Well, they're going to, so they're going to, they're going to, the plan is to fight the communism with more kind of communism, right? That's going to work really well. But could you imagine how inefficient, first of all, Walmart's pulled out, Costco's pulled out, all the stores have pulled out because now target, have you heard targets now closing stores across the country? So target is now going through and discussing all the stores across the country, liberal target, liberal target. They put a black lives matter that they ripped down the smash of the window. I thought that'd be some sort of a shield or that we're just going to put up this, uh, this plywood and we're going to spray black lives matter on it. Hashtag hashtag BLM. And we'll be safe as they rip it out and use that same plywood to smash the window with. It's pathetic. There'll be nothing left in these inner cities. The problem is when it starts to spill over into the, into the, Oh yeah. This is, this is where it gets ugly. Well, they want it. That's what they want. That's, that's why people like, uh, the governor of New York, uh, you know, Kathy, the ice queen, Kathy Hochul is, is, you know, they first tried the push for section eight housing in the suburbs because that was only fair. Yeah. Now they couldn't get that through because the people in the suburbs are like, whoa, whoa, whoa, whoa. Now they're busing in illegal immigrants in the middle of the night. And I tell you something, if these Democrats like Mark Poland cars were proud of what they were doing, they would have a welcoming party at noon at noon, high noon. They'd have a press conference welcoming our newest community members off the bus so that the whole community could see these family units that are getting off. You got the husband, the wives, the two kids, you know, the things that we see in our country, right? No, it's not happening. They're bringing them in at two o 'clock in the morning. So nobody sees, they're all, they're all 23 year old males, right? Or 18 to 25 year old males. Some of which are from the Congo. I don't know about the, uh, you know, the, some of the social norms in the Congo, but I'm just thinking that maybe they're a little bit different than the Western world. I don't know. I'm just thinking maybe not. Maybe they're exactly like us. I don't know. But they're exactly like us. Why would they want to come here? Why are they aspiring to come here? I don't know. Anyway, it's a fentanyl fentanyl up again, by the way, there was another report. I think it was on a Fox news. Well, good for the Republicans. I mean, at least part of them, I should say good for the five or six Republicans that are the extreme right wing, according to the media, that's holding this garbage up. No, shut the government down, shut it down, shut it down until there's no more money. Take the money, go into Ukraine and send it to Texas, which they did right to the border, which they didn't do last time. Right. Kept it open. That's what do you need? What do you need? We're out of control. The founding fathers gave the power of the purse to Congress and the, and the Pentagon, the Pentagon goes, yeah, you know what? We're just going to exempt Ukraine funding from the budget. So ha ha. We just went over 33 trillion. If you go online and look at the clock, it's moving fast, right? So we're on our way to 34 or 35. Can you even see the numbers anymore? They just blur blur now. So, so fast. Oh no. And, and good news, by the way, we're refinancing this debt at 5 % now, not at 1 % or zero like we were doing. Yeah. It makes a lot of sense. Yeah. It'd be great. Yeah. The fence talk about keeping rates higher for longer. I don't know. They're not going to be able to do that. They'll be cutting interest rates by next year. Mark by where? And the number one reason I say that is because when you talk to every economist, I say, that's not going to happen. And they are typically wrong. So if you take the, it's like saying betting against the casino, it's like saying, you know what? I don't think MGM is going to make money in the sporting books next year. Ma, they're going to figure out a way to make money. They'll rechange the lines, right? Well, you, all you need to do is look at it and get a bunch of economists in a room and ask them where they think the market's going to be and then do just the opposite and you would be way better. Yeah. Pretty much that's usually the way to go. No doubt about it. So the, the, the, the Pelosi, we were talking earlier about the Pelosi stock trader. Yeah. You can follow online. Now, some of these folks, we did the game show game last week. We talked about the, uh, the net worth. I picked the poor ones too. They were like 23, 21, you know, $20 million. Some of these folks are amazing. I mean, really just, you know, the wizards of smart on some of these are just really, timing is impeccable up here. This is somebody who is selling some software that I'll track it, which you can, you, you've pointed out, you can get it for free online, but, but the, the numbers are really astonishing. This Democrat Senator sold her Aspen vacation home for $25 million. That was just after she sold her Lake Tahoe vacation house for $36 million. Well, by the way, why, why do they own these big $25, $36 million homes? Well, a big, big part of it is because the taxation of it, right? So a Feinstein who's telling you your ordinary income tax rates are too low. She's shifting that to a capital asset, which is going to create a capital gain in the future or no gain. Or no gain. I mean, they're 10, 10 31. This is why when Donald Trump looked at Hillary Clinton right in the eye and said, you will not get rid of the carry interest deduction and you know it because all of your, I use it, of course, all of her bigger donors donate money to Hillary Clinton. And this is exactly the truth, right? They will never get rid of some of these things. Like they talked about, we're going to get rid of the 10 31 exchanges. Yaha. Yeah. Uh huh. Yeah. So the big developer strokes a giant check to the, to the Democrats off the table. Let's listen to her success though. Amazing. A Senator sold her Aspen vacation home for $25 million just after she sold her Lake Tahoe vacation house for $36 million. Only two years earlier, Diane Feinstein has been a member of the political scene for 32 years and her salary is only $130 ,000 per 130 grand a year. Now it's more now. That's a little bit dated, but it's up, it's up to probably 180 now. But, but listen to this. First of all, if it was up to 580, you're not buying $23 million homes, $36 million homes. No, no, we're going to put in multiple homes. We're going to, we're going to put the Paul Pelosi onto our research committee. You make a million dollars a year. First of all, most of, most business owners that make that kind of money, they didn't make it throughout their whole life, right? They didn't start making a million dollars at 20 years old. They started making a million dollars at 50 years old and it took 30 years to get to that point. Right? So my point is, you're not at a million dollars a year at age 50. If you did it the right way, the hard way, and you did it yourself, you're still not affording a $23 million home, right? Multiple ones. Yeah. Multiple, multiple. Right. Those aren't even her primary residence. Those are her vacation homes. She lives in, she lives in California. Listen to this though. And it's, it's all of them. It's all of them now. This is a, this is from Nancy Pelosi, stock trader. Uh, this is a tweet, uh, a Twitter feed. You can follow Pelosi tracker is what it's supposed to track or underline or something like that. You'll find it. Anyway, uh, three weeks ago, sitting politician bet against the U S economy so far. He's been right. Tom Carper bought $45 ,000 of PSQ and inverse ETF on the tech sector on eight 23, August 23rd. Since then he's plus 3 % while the market is negative 4%. Go figure. Wow. Go figure. Man, these guys are so good. Yeah. And they're not by, they're, I mean, these are, that's some pretty technical strategy. You started getting into options strategies and stuff. I mean, yeah. Yeah. These guys have become very, very slick. It's not just about buying a, you see, it used to be, okay, I'm going to buy X, Y, Z. Then I'm going to vote for or against something. You know, I'm going to short the stock and then I'm going to vote against them for both that, that, that. So the stock goes down or I'm going to vote for something, knowing that it will benefit the company. The stock will go up and in a sense front running. No, they're, they're in the options strategies now. They're in the market. Yeah. They're doing butterfly spreads. Yeah. Crazy stuff going. They're very sophisticated. They shouldn't be allowed to two things. When you go into Congress, I, you know, I would love to have a Congress person run on or present around the following platform, right? Number one, term limits, term limits, top of the list. Number two, though, while you're in Congress for the eight years, or wherever we allow you to serve 10 years, 12 years, whatever it is, you could not invest in a stock market at all. All your investments are frozen or your choices, a model, some kind of a model liquidated go to cash, or you could buy the fidelity balance to counter. You could buy the, you could buy the T -rope price, you know, target retire, whatever, you know, or you go to goes into a blind something or other where you have no idea. Right. It just goes into what you picked a one through five tolerance for risk and somebody else invest. Maybe it's just broad indexing. Maybe that's it. Right. Something that doesn't allow this kind of garbage to go on where, you know, they buy, you know, Tesla stock and then approve a huge, you know, oh, we're going to, guess what? We're going to build a, you know, for government funded battery stations all the country. Of course, Elon comes out and goes, we already got those, you idiots. I did that like four years ago, you morons. Amazing what Elon can do and what the, what the government can. Going back to target for just a second, not to digress, but I found WGRZ, thankfully came up with a list of the, uh, the target stores that will be closing, Mike, the full list of locations all in, all in Republican run. You'll be shocked. Yeah. Yeah. Right in the, uh, the thriving, the, uh, you know, thriving, the Minneapolis, uh, location, the retailer said the decision, the close was really difficult. I wonder if that was after half. That was the one they put the BLM on. Yeah. Oh, that was the one they put the sign on that said, please don't burn our store down. We love you. I hashtag BLM lit it on fire. Yeah, that's right. Yeah. Uh, let's see. I'm shocked though. I wouldn't, I'm surprised you wouldn't stay. I mean, you know, like just collecting, you love them. You love, you support them. This is what you supported. Remember you, you, you raised money, you gave money. Yeah. And guess what they did with that money. They agitators hired to whip up people in the community to smash and burn down your store. You idiots. So there you go. There you go. Nice, nice work. What else do you think, Mike? Uh, New York city's East Harlem neighborhood. That's going to be one that's goes down. I wonder why. Chicago, San Francisco for sure. San Fran. Yeah. San Fran. Uh, by the way, before I forget San Fran, Democrat San Francisco mayor, announces plan to require drug testing, which is good in an effort to, if you're going to receive homeless benefits. Right. But the funny thing was in this same passage, they're going to Texas to try to recruit police officers. The funny thing is is that the people they sent from San Francisco to try to recruit people. They didn't come back. They defected like North Koreans. Some of them got jobs. They get over the wall. They come out, they get over the wall. It was hilarious. No, they didn't go back. Well, the other five stores, Mike, three in Portland, Oregon and two in Seattle, five, three in Portland. They're pulling out of Portland together. All of these inner cities folks will be food deserts. You're going to hear that term. It'll be business deserts. It'll be nothing. Well, business deserts, nothing left, but there'll be, but target, don't forget target. Does target sell food? Yeah. Well, yeah. They sell food. Yeah. For sure. Yeah. Well, I don't go on target. So Walmart I know does Costco for sure. Costco is a food store. I don't think target is as big as Walmart as far as like fresh fruit, but definitely frozen food, all that kind of stuff. You know, aisles of pop and water and chips and right, right, right. And all that kind of stuff. But you can definitely frozen food. You can buy bulk frozen food there. So, so there's going to be food deserts, all over the place, business deserts, whatever you want to call them. You know, it's amazing because you know, the, there's no policing. And the sad thing is that is the problem. It's not, there's no policing. I shouldn't say that. Excuse me. No, you're policing your asses off. I get it. There's no ability. There's no prosecution. There's no bill. You guys are arresting people, putting them in and they go right back on the street. They're getting, they're getting appearance tickets. It's a joke. Your point is no, there is no policing anymore because of the system, the Democrats put together where the police officers aren't going to bother. If you're a police officer and you know that somebody is going to be this, this carjacking or whatever is robbery. And you know that there's a potential, you're going to get an altercation where you're in New York state. There's two police officers that have been brought up on charges recently with almost a hundred percent chance that if you do catch that person, that person will be right back. Yeah. A hundred percent. Why would you bother? Why would you bother? You're not going to put your life in line. No way. You want to go home to see your wife and kids too, and your mother or your husband or whatever. You want to be able to spend your Christmas with your family. Why would you do that? And they know that, right? The Democrats know that. This is, you can't be this stupid. I mean, who allows these people to go right back on the streets and say, this is a good idea without correcting this right away. You can say, okay, bail reform. Our intentions were one thing, but when you look at the fact that in New York state, we are now breaking records in towns like Rochester and Buffalo for the most amount of vehicles being stolen. We can say, okay, look at bail reform, put it in place. It clearly did not work. It's been a total disaster. These towns have turned to shit. We absolutely need to go back in the other direction. They're not doing that. They don't care. They want to, and they're doubling down, tripling down on it, tripling down. We invited this liberal on, you actually were on the show with him and he said, things are actually safer since bail reform. That's what his argument was. His argument was, and by the way, his argument was if we have even less police officers, cities like Buffalo will get safer. Well the thought was less police officers, less arrests. Less arrests means less crime. Dude, you got the whole thing backwards, bro. And not only that, but now we know that, right? Now we know, now you can, I mean, literally auto thefts are up 360 % in Rochester. They're not up 3%. You can say, well, you know, in Buffalo and we're in second place. And they can't play, they can't play in COVID. They're trying to like, well, it was a lockdown. People were at pent up, whatever. Remember that was the, that was the reason for the rioting and the ballooning and burning like, well, people had a lot of pent up. We probably should have locked them down. That was a little bit of the reason for the increase in suicides. You guys, you guys increased suicides because you locked kids in their homes, but it wasn't the reason that they went and decided to steal Nike sneakers from a footlocker. So check this out. Speaking of COVID, this is huge. This is, I don't know if you saw this or not, but this is absolutely ginormously huge. Dr. Fauci was smuggled into CIA headquarters without a record of entry where he participated in the analysis to influence the agency's COVID -19 investigation according to the house select subcommittee on the coronavirus pandemic. Did he need to do much with these left -wing CIA agents? Probably not. No, no, no. That's what they're smuggling him in for. Well they smuggled him in because they didn't want anybody to know that he was part of the PSYOP operation, which was hydroxychloric. By the way, the I think it was a Mayo clinic and some other hospitals now have come out as well as the CDC and said hydroxychloroquine, yes, indeed is an effective treatment for COVID. Oh, by the way, ivermectin also an effective treatment. The CDC now approving that. Now mind you, we're going to keep in mind that if there was any other treatments that couldn't get the emergency use authorization for these vaccines that clearly don't work. Amazingly, I'm still seeing people online go signing off my sixth booster on our way for the sixth shot, proud to get our sixth shot. How about how about one the other day, local left -wing nut job got her sixth booster shot, six shot and she still got COVID and then she said, well, I was so good hiding and it got all my shots and then I went to a concert and I got it at this concert. Well, first of all, you don't know that, but second of all, if you have six shots and you six shots and you still got COVID and you actually think that was a good idea, you don't need a vaccination. You need a mental, you need a mental check. I tell you, I know people during the during the COVID, the height of the COVID that were older, some of our clients actually that were prescribed by a doctor a hydroxy quirk when they were taking it once a week as a as a preventative measure. Yeah. And they, to this day have never had COVID. Yeah. And it's, it's, I mean, so it, but the sad thing is again, you know, we couldn't, it's all about the money now. And that's, you know, when people talk about the evils of capitalism, you're seeing some of that. Now, capitalism is the best thing on the planet, right? As far as, you know, lifting the masses out of poverty and creating amazing amounts of wealth. But the problem is this isn't, this isn't capitalism. What's going on. This is cronyism is what's going on. It is, Hey, look at, I will give you these government dollars. You're going to get this patent. You're going to get this. Unholy marriage between business and government. Mark my word. We were talking about Feinstein selling 25, $30 million homes. This Fauci will be on the board of Pfizer. He'll be on the board of Moderna. He's going to get shares of those companies. He will be blessed with with with millions and millions of dollars. His family watch and see, we'll be talking if we're, if you and I are fortunate enough to be around 20, 30 years from now, we'll be talking about the Fauci trust and watch and monitor that trust and see how big that family trust. Well, you see how easy this is now. You look at how they move money around and how the in your face money laundering folks. This is what this is. This is corruption and fraud. Some of the Bidens are great at the money laundering part. They got 20 shell corporation, but guess who's getting the, guess who's going to be controlling the funding to rebuild Ukraine. We pay to destroy it. And guess what? The Hillary Clinton foundation gets paid to rebuild it. Right. And guess who's going to get the contracts to rebuild. Oh, that'll be probably one of the Biden family members or somebody else's politically connected. Right. Remember it was, it was a Joe Biden's brother who got the contract, the multi -billion dollar contract to rebuild Iraq. No building experience, never been a contractor, right? No idea. Right. This is why these projects cost 500 times what they're supposed to cost. This is why when money comes into Buffalo, for example, $25 million to build homes, five get built. And you were, wait a minute, five, are these $5 million homes in the East side? Each of those homes would have been built for a quarter million dollars or less. And yet where did the rest of the money go? And the, the answer is never, we don't know. We don't know. We can't account for it. Or we'd have no idea. Or I mean, how many times have we've seen that in so many places that whether right down the local level or God forbid at the federal level between, you know, Iraq and others. I was telling you last week on the radio, I was reading an article about the grants that were coming into the city of Buffalo to plant trees. And I thought, okay, wow, like this could be sweet. Okay. You know, like I'm a big tree guy. I love trees. I plant trees every year. I do think, okay, that's one way to, first of all, I think it's one way to make a community look great. When you, when you drive around, let's say North Buffalo, all the streets are all tree. They look beautiful. You drive around the East side, it looks like shit, right? So, okay. You're going to take some of my tax money and you're going to directly plant trees. Okay. It's a win for the environment. It looks nice. It's going to bring things together. I'm like, well, where's the catch? This is a government agency. Where are they going to screw it up? You read through and you find out that they're paying $1 ,000 a tree. Now you and I both know that if they're saying it's $1 ,000 a tree, by the time it's done, it'll be two to $3 ,000 a tree. Now you, you're talking about $13 million worth of trees. You and I just planted trees. Every year we plant a few trees around our office, you know, three, four in the spring, three, four in the fall, just so they can start to grow and work their way in. And then, you know, plant more. We pay $250 a tree, plant it. Right.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-27-2023 13:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context, and context changes everything. Go to Bloomberg .com to get context. Supply and demand drivers for WTI crude, so we'll keep an eye on that as crude continues to move higher. Right now, sound on with Joe Matthews from Washington, D .C. And that starts right now. Just four days to go. Welcome to the fastest show in politics. As we move ever closer to a government shutdown, as the border now emerges as the wedge, latest wedge between Republicans and Democrats, we'll get the latest on all of this from Bloomberg Congress reporter Billy House, and we'll discuss the whole situation with Congressman Seth Moulton, the Democrat from Massachusetts, also a Marine combat veteran, we'll weigh in on Senator Tommy Tuberville's single blockade of military promotions over the Pentagon's abortion policy.
Coin Stories with Natalie Brunell
A highlight from News Block: Shocking Lawsuit Against SBF Parents, UAW Strike, Anti-Bitcoin Senator Indicted, Housing Crisis Ahead?
"Welcome to the CoinStories news block. I'm Natalie Brunell, and in the span of just 10 minutes, roughly the same time it takes to mine a new Bitcoin block, I'll provide you with concise, insightful updates on Bitcoin and the global financial landscape so you're well informed on the week's top stories. Everything you need to know, in one place, in one block. Let's go. Let's begin this block with shocking new information coming from the FTX bankruptcy. In a court filing last week, managers of the bankrupt FTX estate sued SPF's parents, Joseph Bankman and Barbara Fried, who happen to both be renowned legal and ethics scholars and professors at Stanford Law School. The lawsuit alleges that millions of dollars were fraudulently transferred to SPF's parents from FTX Group, and lawyers want to claw those funds back. The filing describes in detail how SPF's parents were more deeply involved with FTX than many people suspected, with SPF's dad routinely calling it a, quote, family business. The filing says Bankman and Fried exploited their access and influence within the FTX enterprise to enrich themselves. It alleges SPF's dad acted as a de facto manager, hand -selecting recipients of charitable contributions, directing hundreds of millions of dollars in loans, hiring and firing employees, and overseeing key investments for FTX. In one exchange, he was upset about his $200 ,000 a year salary and told his son he needed it to be a million a year, even saying, quote, gee, son, I don't know what to say here. This is the first I heard of the 200k a year salary, putting Barbara on this. SPF's father appears to have been richly rewarded for helping to perpetuate the FTX fraud. He flew in private jets, received millions of dollars in cash and real estate, and even appeared in a Super Bowl commercial. He also used his insider status and wealth to influence his circles, including his employer, Stanford University, and various political groups. Stanford has said it will be returning millions of dollars worth of, quote, gifts it received from FTX. Among the most shocking revelations was that it appears Joseph Bankman understood that FTX was nearing insolvency and transferred funds into assets like primary residences so they would be protected in the event of bankruptcy. This included transferring a $16 .4 million luxury property in the Bahamas to himself and his wife. Now, SPF's mother, Barbara Fried, was also deeply intertwined with the FTX scheme. She was the beneficiary of cash and properties and appears to have been the mastermind behind the illegal political donations. Barbara Fried was described as SPF's primary political advisor and allegedly pressured FTX insiders to, quote, unlawfully avoid federal campaign finance law. She pushed FTX employees to use straw donors, which are people who illegally use another person's money to make a political donation in their own name. And lawyers say more than $100 million was stolen from FTX customers to make political donations, making FTX the second largest donor organization behind George Soros Fund management. Although SPF's parents have not been formally charged with anything yet, this lawsuit provides shocking evidence of their involvement in the crypto criminal enterprise. Let's turn now to Robert Menendez, the senior Democratic senator from New Jersey who has been indicted on bribery charges. According to the indictment, Bob and his wife accepted hundreds of thousands of dollars worth of bribes in cash, gold bars, mortgage payments and a Mercedes Benz convertible. What makes this particular bribery case notable in the crypto community is that Senator Menendez has been a long time outspoken critic of Bitcoin. Specifically, he has voiced concerns about corruption in Bitcoin and its use in illicit activities. In 2017, the senator wrote a letter stating that the, quote, anonymous nature of Bitcoin transactions makes it an ideal choice for criminals. Menendez was also one of the three co -sponsors of the Accountability for Cryptocurrency in El Salvador Act, which sought to, quote, mitigate risks of El Salvador's adoption of Bitcoin. When it comes to Bitcoin critics in Congress, it's really best to focus on what they do, not what they say. Senator Menendez's charges are just the latest development that supports a 2021 report from former acting director of the CIA, Michael Morrell, who found that criminal activity that takes place using Bitcoin is negligible compared to what transpires within the traditional financial system. This news only further speaks to the corruption present in our political system today and how criminals still prefer good old cash over Bitcoin for illicit activities. Now, speaking of Congress, the clock is ticking to pass yet another new funding bill to prevent a government shutdown. Congress has until October 1st to pass new funding legislation, but Republicans and Democrats are not even close to making a deal. So how could all of this impact the economy? Well, under a government shutdown, hundreds of thousands of federal employees would be sent home without pay. Also, government services like the court system, national parks and economic data reporting institutions would be suspended. According to The Wall Street Journal, government spending makes up about a quarter of U .S. GDP, so a sudden slowdown in spending can impact the economy significantly. But get this, in the event of a government shutdown, those workers won't be paid. But the Pentagon has announced that Ukraine operations would be exempt from any potential shutdown and will go forth fully funded. And that is making a lot of people very upset out there.
The Breakdown
A highlight from Could Oil and a Gov't Shutdown Screw Up Powell's Plans?
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, September 22nd, and today we are talking oil, macro, everything that could throw the economy off. But before we get to that, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link at the show notes or go to bit .ly slash breakdown pod. All right, friends, well, we are sort of continuing the macro story today that we picked up around Powell and the FOMC this week. And one of the questions that Powell was asked was about risks that threatened to knock the economy off course. Two that he mentioned that we're going to spend a little time on today include oil prices and a potential government shutdown. Let's start with oil first. The price of crude oil has steadily increased over the past four months. From a low of around $70 in June, oil reached almost $90 a barrel for the US -based WTI benchmark contract and $95 per barrel and $95 per barrel for international Brent crude earlier this week. The price increase for crude has driven US gas prices back above $3 .80 per gallon, the highest level since last October. Overall, gas prices have ramped up by 20 % since the beginning of the year, according to AAA. Now, there are a number of factors all contributing to steadily increasing oil prices since the June lows. The first is OPEC+. The economic group of oil producing nations led by Saudi Arabia and Russia have recently curbed output. Production cuts, which were agreed to late last year, have been gradually implemented over the past six months. In July, Saudi Arabia voluntarily cut an additional 1 million barrels per day from its production quota, about 10 % of its previous output. Existing production cuts across OPEC have already been extended into next year and analysts expect Saudi Arabia to extend their voluntary cuts until March. On Thursday, Russia further constrained supply by banning the export of diesel and petrol. Russia is one of the world's largest suppliers of diesel alongside their status as producing around 12 % of the global supply of crude oil. The International Energy Agency said last year that Russian refineries produce, quote, roughly double the diesel needed to satisfy domestic demand and typically export half their annual production. Analyst opinions focused on the simplest explanation for the ban, retaliation for sanctions. Henning Gloestien of the Eurasia Group said, Russia wants to inflict pain on Europe and the U .S. and it looks like they're now repeating the playbook from gas and the oil market ahead of the winter months. They're showing that they're not finished using their power over energy markets. The Kremlin said the ban was temporary and aimed at addressing rising energy prices in domestic markets. However, they gave no timeline on when the ban might be lifted. U .S. and European policymakers have largely banned the importation of Russian refined fuel since February, which has required Russian supply to be routed through third party regions including Turkey, North Africa and Latin America. Now, OPEC cuts over the past year were predicated on a weakening demand profile heading into this year. At the time they were announced, recessions were expected across Europe and the U .S. China was an open question with the potential of reopening pushed back in the midst of additional pandemic waves. But since then, the European economy is sputtering along, albeit with dismal manufacturing data out of Germany. The sanctioning of Russian supply has caused European demand to be displaced to other regions with refining capacity, largely India and the Middle East. In the U .S., recession has been continuously pushed off into the future and oil demand is now back at all time highs with no signs of slowing. Although the Chinese economy has hit some turbulence recently, oil demand remains robust. Analysts expect China's oil demand to remain high as Beijing secures strategically important resources. What's more, analysts expect China's oil demand to remain high as Beijing secures strategically important resources in part to mitigate geopolitical risks as well as to shore up its manufacturing and transportation industries. So with oil prices spiking, many are wondering whether the White House will once again intervene in markets using the Strategic Petroleum Reserve. Between November 2021 and September of last year, the White House authorized a number of SPR releases. The final policy saw one million barrels per day provided into the market over six months. A small amount of oil was restocked earlier this year, but the SPR still sits at a little over half its pre -pandemic level. Earlier this week, a headline circulated proclaiming that quote, Biden says depleting SPR is on the table. This was later found to be a hoax with no legitimate source, but it demonstrates how difficult high oil prices could be for the U .S. economy heading into election season. To wit, many saw the SPR release as a political decision rather than an economic decision heading into the 2022 midterms. In the private sector, U .S. oil inventories have recently hit 40 -year lows of 46 -day supply, well below the longer -term average of 65 days. And while August's inflation reports already showed a small uptick due to oil -related prices, the effect is expected to be more profound across this month. Dario Perkins, an economist at T .S. Lombard said, That said, it is important to keep these recent inflationary developments in context. We are not yet in danger of undoing 12 months of solid disinflationary progress, not even close. Others suggested that high oil prices would have a greater impact on growth rather than inflation. Maya Bhandari, head of multi -asset at BNP Paribas Asset Management said, It really impacts the growth side of the Goldilocks equation rather than the inflation side of things over the long term. Theory is that sustained high oil prices begin to eat into disposable income for households alongside higher costs of production for manufacturing and logistics. These combine to reduce growth and potentially tip the economy into recession. Overall, this situation in the oil markets has, to some, many parallels to the liquid natural gas spike in the winter of 2022. Prices in some markets rose more than tenfold, European energy companies scrambled to secure supply at any cost, and multiple firms went bankrupt due to the volatility in markets. This week, Bloomberg reported that the trading arm of French supplier Total Energies has played a major role in bidding up the price of U .S.-based oil. Their source claimed that the firm is paying a premium for physical U .S. barrels, pushing the spread against futures to levels not seen since last November. With all of that said, there are some signs that the oil market is beginning to cool off. On Thursday, Brent crude futures fell to $92 per barrel, which represented the third straight day of price declines, which is the longest streak in almost a month. Warren Patterson, head of Commodity Strategy at ING, said the Fed's hawkish messaging has quote, put some pressure on risk assets, including oil. The dollar index has risen by 0 .8 % since Chair Powell left the podium, a large enough move to weigh on asset markets. Patterson said he still expects Brent crude to move above the $100 mark in the near term, but that he doesn't anticipate the move will be sustainable. So that is the view on oil overall. The thing that I am definitely going to be watching more than anything else is the political dimension of this. We are now entering the period where everything, even more than usual, is going to be completely wrapped up in what it means for the election season. If prices at the pump keep trending up, it seems very likely that the Biden administration will be willing to do what it takes, including SPR releases, to get those prices down. But that's just something we're going to have to keep an eye on. Now what about that other factor that Powell mentioned? Well yes, indeed, my friends, the US government is once again hurtling towards a shutdown after efforts to pass a short term spending bill were scuttled on the House floor on Thursday. House Speaker Kevin McCarthy attempted to marshal Republicans to vote through a package to keep the government funded past the end of September. Closed door negotiations continued late into Wednesday night, but were apparently unconvincing. The bill currently being considered is the $886 billion Defense Appropriations Act. The bill was stifled in the House after five GOP representatives refused to allow debate to begin by voting against a preliminary procedural rule. Democrats also voted against the measure and appeared to taunt Republicans apparently reveling in seeing the GOP's slim majority descend into chaos. Among the Republican dissenters was Marjorie Taylor Greene, who opposed the inclusion of $300 million in funding to the Ukrainian war effort. On Thursday, Politico reported that Pentagon sources have said Ukrainian operations have been exempted from any shutdown, making that part of the dispute rather moot. McCarthy sent House members home on Thursday night to return to Washington on Tuesday. He told reporters after the failed vote, quote, two people flipped, so I got to figure out how to fix that. That wasn't the impression they had given us. Now, this was McCarthy's third attempt at bringing the bill to the House floor. The current proposal on the table is a 31 -day stopgap funding mechanism to forestall a shutdown to begin next weekend. McCarthy remarked on the change in tone in Congress among that extreme element of the Republican Party, stating that, quote, this is a whole new concept of individuals that just want to burn the whole place down. Now, even if a 31 -day stopgap is passed in the House, it seems unlikely to make its way through the Democrat -controlled Senate. The bill includes a 30 percent temporary cut to domestic agencies and immigration law changes, neither of which are likely to get the seal of approval from Dems. Senate Majority Leader Chuck Schumer said instead of decreasing the chance of a shutdown, Speaker McCarthy is actually increasing it by wasting time on extremist proposals that cannot become law in the Senate. House Democrat leader Hakeem Jeffries remarked that the situation was playing out as a, quote, Republican civil war. Now, if it comes to pass, this would be the 11th government shutdown since 1980. The logic is that hard -line positions that don't enjoy support in the Congress can be put directly to the American people by shutting down the government and drawing attention to the impasse. Republican Ralph Norman said last week that, quote, we're going to have a shutdown. We believe in what we're doing. The jury will be the country. Still, the record on government shutdowns doesn't really support that strategy. Not one of the 10 previous shutdowns resulted in the dissenting group extracting concessions. Typically, the American people quickly turn on the party they view as blocking access to government services over a petty squabble. Alex Conant, a Republican strategist, said, This is such a dumb fight because there's no principle that we're standing on here. It's just bad tactics. While the dispute is nominally over excessive government spending, with Republican dissenters pushing for funding to be reduced back to 2022 levels, the underlying problem is, of course, the level of discord within the Republican Party. McCarthy was voted in as House Speaker after a record 15 attempts. The process took four days and frequently descended into a farce. This was only the second time in the post -Civil War era that a House Speaker had failed to be elected on the first attempt. Conant noted the terrible optics of a government shutdown of the Republicans' own making heading into election season, stating that, quote, Biden didn't win because of his political skills and soaring oratory. He won because Republicans blew themselves up with Trump. I'm afraid we're seeing history repeat itself, with the GOP once again helping Biden by shooting themselves in the foot. Of course, never one to shy away from controversy, Trump fanned the flames on Wednesday, posting that, quote, Republicans in Congress can and must defund all aspects of Crooked Joe Biden's weaponized government that refuses to close the border and treats half the country as enemies of the state. He added that, quote, This is also the last chance to defund these political prosecutions against me and other patriots. They failed on the debt limit they must not fail now. Use the power of the person to defend the country. Now, zooming out and trying to get away from the politics of the situation, which obviously is not the focus of this show. The reason that this was brought up at last week's FOMC press conference is that a government shutdown would halt the publication of government data. This would include employment, inflation and growth statistics, which are currently playing a key role in guiding Fed policy. Now, given how much the Fed has said over and over again, their policy is going to be driven by data, presumably not having access to that data would be a fairly big deal. Yet in spite of that, Powell tried to put on a brave face, saying, If there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't be getting some of the data that we would ordinarily get and we would just have to deal with that. Now, by way of some history, the longest ever government shutdown lasted 35 days. The dispute was around funding for the border wall and quickly turned public sentiment against the Trump administration. Republicans controlled both the House and the Senate, but the administration failed to convince their own party to fund the wall. At the time, Democrat Senator Jon Tester called it the most stupid shutdown I have ever seen in my life. However, if this week's display is anything to go by, that 2019 shutdown could soon have some competition for that title. Now, what does this all have to do with the crypto sphere? Well, I think in many ways these are just exemplary of the state of politics in general. And given that, perhaps it's not surprising that former Senator Pat Toomey is not optimistic about the chances of crypto legislation being passed during this Congress. Just prior to retiring from Congress at the beginning of the year, Toomey introduced his own crypto bill, which focused on stablecoin regulations. Now, the House currently has two major crypto bills eligible to be brought for a vote. One would establish a stablecoin framework while the other introduces more broad crypto regulations. While speaking at a Georgetown Law Seminar on Thursday, however, Toomey said, I don't see a path forward in the Senate regardless of how the vote goes in the House. He added that of the two, he sees the stablecoin legislation as having the best shot. The sticking point will likely be Senate Banking Committee Chairman Sherrod Brown. While Brown has been outspoken about the risks of crypto and the need to bring the industry to heel, he has so far remained extremely quiet on exactly what form of legislation would meet his approval. And of course, any crypto legislation would need the support of Democratic senators to pass a vote to become law. Still, during an interview on Thursday, Coinbase Chief Policy Officer Faryar Shirzad said that she thinks that Brown's lack of commitment to a legislative position might actually be a good thing. Shirzad said, Now, last week, Brown wrote a letter to head regulators at multiple agencies urging them to use their existing powers to crack down on non -compliant crypto firms. This of course seems to be the clear intention, at least at the SEC. On Tuesday, the head of that agency's crypto assets and cyber unit, David Hirsch, warned that more enforcement actions would be coming against crypto intermediaries, including DeFi protocols. Still, Toomey, who serves now as an advisor to Coinbase, views stablecoin legislation as the solvable problem. At the moment, Democrats are pushing for the Fed to serve a central role in regulating issuers rather than granting oversight power to state regulators. This preference is believed to be driven by the White House. Toomey said, He thinks that senior Democrats will get on board once the White House is satisfied with the stablecoin proposal. Although that proposal might have to wait until after the election, as Toomey said in the next Congress, I think it's quite possible to get something done.
The Financial Guys
A highlight from Growing Unease: Current Administrations Approach to Security and Travel with David Bellavia
"What do you think they're doing with cash, right? What deal do you make where someone says, I'll bring a box of money to you? Yeah. What do you, it's, this is a state sponsor of terrorism. Ladies and gentlemen, distinguished guests and my fellow citizens. America's comeback now. starts right Welcome back Financial Guys podcast. Mike Speraza in studio live today with a guest in the studio. I haven't had this in a long time. Staff Sergeant medal of honor recipient David Bellavia joining me for about a half hour today. David, thank you for joining us. Thank you for having me. I appreciate it. Absolutely. So I'm going to stick based on your background. I'm going to stick with a lot of military stuff today and I want to start, we'll go all the way back to the beginning of the Joe Biden presidency. The Afghanistan withdrawal, in my opinion, did not go very smoothly. I'm sure many people listening agree. What were your overall thoughts of that withdrawal and how it actually ended up happening? I know we lost, you know, sadly lost 13 soldiers in that, in that withdrawal. People say we went off the wrong air base. People say that we shouldn't have gone out in the middle of the summer. There was a lot of different things there. What were your overall thoughts on that? I think it's like the worst day in American history since Market Garden. Just absolutely. And the reason why it was so difficult was it was totally unnecessary. So let's rewind to the Obama trade, Bull Bergdahl and the three first round draft picks. They get Marshall, they get MacArthur and they get Patton that end up the resurgence of the Taliban. These men not just go back to the enemy, they go back to the battlefield. They're in power when the government falls. You have misinformation coming from the White House that the president of Afghanistan is leaving with billions of dollars on his plane, which wasn't true. And then you leave the equipment, the cash. There's no recovery. We're getting reports of sales of American equipment left in Afghanistan in Southeast Asia. We're moving material across the globe. Our children will fight and pay and have to atone for these miscalculations. Let's talk about that. You being in the military and you knowing that area too, why did they just find it the easiest way out to just say, you know, just leave that billion dollar billions of dollars of equipment there and not think, again, if it was me and I'm speaking that someone that's never been in the military, but if it's me and I'm the president, I'm thinking, OK, I don't want to leave all our weaponry there. I don't want to lose any of my men. Number two. And number three, I want to make sure that everybody knows when and how we're getting out of there. And it just felt like poof. One day they said we're getting out of here. Well, it's because the military didn't make any of those decisions. I mean, look, Millie, it can criticize him. You can criticize Secretary of Defense worthy of criticism. However, none of these individuals are making decisions. This is about NGOs on the ground. This is about the State Department. So you've got Bagram Air Base, the equivalent of JFK. You've got Karzai International Airport, the equivalent of Teterboro. Right. Why would you ever do an exfil out of Karzai International Airport? It makes absolutely no sense. It's tactically unsound. But and then you've got all the ISIS -K. We retaliate from the murder of 13 of our bravest and we drop a bomb on a guy delivering water. He's on our payroll and we kill children on that. Then we take out Borat on a tuk tuk driving around like that wasn't even really what was happening. It's just a den of lies. And Tony Blinken and Jake Sullivan, all the heroes that brought us, you know, the Bergdahl deal, the Iran nuke deal. This is these. They the State Department is running all foreign policy, including what the DOD used to run. Well, that's I was going to say. I mean, I know Biden's the president, but do you blame him at all or is it everybody underneath him that, you know, maybe was giving him bad information? And again, some of these decisions, David, is Biden even involved in some of these decisions? Like, I don't even know anymore. Is he around? Is he paying attention to anything going on? Well, I mean, just from the press conferences, it was apparent he didn't know what was going on. And the great irony is that they actually were predicting that Ukraine was going to be invaded and, you know, no one believed them. So it's like you can't influence your friends. The allies don't trust you. The enemy doesn't respect you. You know, I mean, you've got Ben Rhodes is really proud of this State Department. Susan Rice loves what they're doing. But, you know, again, Americans died. And, you know, and what is the perfect culmination of the adventure in Afghanistan? Looking at your watch at Dover Air Base when bodies are coming home. I mean, nothing could you couldn't ask for a just it's it's a debacle. Yeah. And it's sad that that's that's the leader of our country there. Let's move in. You brought up the Ukraine there. So the Russia Ukraine conflict will get to Zelensky in a minute. He is as we speak in New York City right now. But so Trump's in office. We don't see many of these conflicts or any conflicts actually started under his watch. And then we have the Biden administration come in. And a year later, we have Russia invading Ukraine. Why did this happen and why? Why the timing of February of 2022? So let's go back to when we were fighting ISIS. Trump engaged and destroyed estimated some say 300 members of Wagner forces. But those were Russian nationals. We engaged. We destroyed them. What was the response from Putin? Nothing at all. So what do people in that section of the world, Eastern Europe, the Middle East, what do they respect? They respect power. They respect authority. You're not going to get any respect if you don't engage the enemy when they present themselves. I don't understand the calculus of again, I'm trying hard to figure it out. I don't get it. I don't. You know, Romania and Hungary and Poland, you're letting them unilaterally decide whether or not they want to send reinforcements into Ukraine. That's an act of war. If NATO members engage the enemy, all of NATO is engaged against the enemy. Poland doesn't unilaterally make that decision. Hungary and Romania don't unilaterally make that decision. We can't even articulate what the mission is. And if you look, go to the Institute for the Study of War, there's a plug for them. Check out their overlay from when the battle started, when the war started with Russia. And tell me what success this offensive in Ukraine has produced. I mean, let me ask this question, because I get confused. The answer is nothing. I asked this on Twitter, X, whatever it's called, all the time. What is the end game and how do we get there? Because all I see the answer is, hey, just blank checks. Hey, just write a check. Hey, here's a billion. Hey, here's 20 billion. Hey, here's another 10 billion. I don't actually see a look. I mean, like anything, right? If I write a business plan of what I want to do in 2024, my goal is X. I write down my steps to get X. I don't just write down X and say it's going to happen. I don't really know. And then the answer always is, well, we have to fight. We have to back Ukraine. Okay. But when does that end? Because the Afghanistan war and the war in Iraq lasted 20 years plus, right? And was there a real end to it? I don't know. That's where it gets frustrating for me, Dave, where I'm like, how do we know what the end game is? Do you win or lose? When does that happen? I don't know. I don't know. At least you're thinking about it. And I have fear that our leaders aren't, and that's the problem. So here's what this comes out. You're going to get a negotiated settlement out of Ukraine, right? But you talked about the billions of dollars that we're spending and giving to Ukraine as a blank check. First of all, Zelensky visited Ukrainian soldiers in the United States. Did you know that there were wounded Ukrainian soldiers in the United States? I did not know that. Well, today he visited them. So what's happening there? So that's a cost that no one is putting on the ledger. So now let's look at the blank check that Ukraine is getting. And by the way, I'm pro Ukraine. I want to fight communists all day and night. So let's punch Putin hard in the face. However, you're giving them a blank check and you're giving them munitions. Now here's the problem. We have to replace those munitions. Those munitions were purchased for 20 year global war and terror. And let's be honest, inflation is involved. So what you purchased for $10 is now $17. So you're not just giving them the money. You're giving them the equipment and the munitions that you have to replace yourself at the value of what is valued today. We haven't scratched the surface for the amount of money. CBO absent at the wheel. No one is tracking this. 2024 can't get here fast enough. How does this work, though, when you talk about some of these NATO nations coming together and making decisions, but us not just giving weaponry, giving everything money, whatever we're giving there? Is that not an act of war, too, though, David, at some point? We're continuing to fund Ukraine continuing the war in Ukraine. I mean, that to me seems like we're backing a war. Well, I mean, by the letter of the law and NATO charter, it's not. But here's the problem. It's schizophrenic because we were told that what was an offensive weapon was going to mitigate, you know, that wasn't going to help peace at all. So we went from, I don't know if they should get tracked vehicles to I'm not sure an artillery piece is what they need to high Mars rockets being launched. And let's be honest. I mean, the Ukrainians are I mean, the payload that they're going through, what you would have to have cataclysmic casualty numbers to be able to to the spandex that they're doing on the ground that they need to replace Patriot. If you're going through thirty five Patriot to, you know, missiles, I would expect to at least the C 20 makes that are shot down. They're using them for air artillery. They're using there for indirect fire. I don't know what they're doing, but this is going to end with Don Boss going to Russia. This is going to end with that land chain that Putin wanted through Crimea. And again, our friends in NATO, what are they even doing for Ukraine? What? Look, if you they said that Trump wanted to kill NATO, Biden did it. Right. Biden did it. And now Germany. And so Putin was selling oil at thirty dollars a barrel. What's it at ninety six? Yeah. He's making more money than he did before. And he's financing a war and killing innocent people. You mentioned before, too, and I think this is a good point. Everybody on the left and I'll say the media, the establishment, whoever you want to say, says that if you don't agree with the war in Ukraine, you're like pro Putin. Right. And that's just the most outrageous thing in the world, because I agree with you. I feel for the people of Ukraine. I don't want this for them. I don't want this for innocent people. However, at some point, the world's every every one of the world's problems can't be America's problem when we have a border crisis. And then I think they said yesterday ten thousand people came across. They got, I think, eight thousand of the ten thousand. But you see the numbers day over day. It's a problem. We have crime that's rampant. We have overdoses that are at record numbers. We have we have suicides at record numbers. At some point, we have to maybe just think about ourselves and not everybody else, because if we fall, sadly, I think the world falls at that point. Amen. The thing that I would add is I love the way the Ukraine refugee has been crowbarred into the migrant crisis in the United States. New York leaders from the city to all over Kathy Hochul, the governor of the state of New York, mentioning that, you know, like the Ukrainians in Poland, the the Polish have no intention to keep Ukrainians forever. That's a temporary you know, they're leaving a conflict to return to their country after the conflict is over. Again, this is just we're we're putting a round peg into a square hole and just hammering it away. But but there's no the media. There's you're our destroying military. I go to parents all the time around this country and ask them to give us their sons and daughters to join the military. And the one thing they bring up is Afghanistan. It's not about anything. It's Afghanistan. How are you going to assure us that you're going to maintain your commitment to our son and daughter when you betrayed us in Afghanistan that has lasting effects? And there's not a I'm trying to find a segment of our of our of our nation that's functioning. I don't know what it is. I saw in Chicago, they're going to have municipally owned grocery stores. Maybe that will figure it out there. Yeah, yeah, it's good. Real quick, do you think and we'll finish up on this topic, but do you think that they will we will ever have boots in the ground on Ukraine? I mean, I hope not, because I just don't know what the I mean, look at I'm I'm we're getting ready for China. We're trying to revolutionize everything. I don't know what the what the plan is. I mean, again, if you want to put a base in Ukraine, and you want to make that a sustainment operation going forward, that I here's the point. I don't understand what the inactive ready reserve call up was for. Why are you bringing those troops in the non combat support? Why are they going to Ukraine? What are you building infrastructure there? Here's what I do know. We're talking a minimum of $11 trillion to build Ukraine back. That is cataclysmic amounts of money. There isn't water, electricity, internet, you know, you want to help Ukraine. You're going to Russia is not paying for that if you negotiate a settlement. So I don't know what the plan is. But I hope we never see boots on the ground. I could guess what the plan is. I won't I won't say for sure. But I could guess that we'll be paying a chunk of that. And I do have one last one. So I did interview Colonel Douglas McGregor a few months back. And he talked about he's a real optimist. But he is really very, very bullish on Ukraine. Yes, very, very optimistic. I'm dropping some all over the place. But he brought up some staggering numbers, though. And even if they're half true, it's a problem. The amount of casualties and wounded soldiers on the Ukrainian side that we're not hearing about the media. I don't know if you agree with some of those numbers or not. But he's saying, I mean, it's people are acting as if this is an even war right now. And it's not even close. First of all, McGregor's a stud. I mean, he's an absolute, you know, that we're glad he's on our side. He's a military mind. I don't know if those numbers are accurate. I could tell you they're juxtaposed to almost everything we're hearing from every institution that we have, including a lot of our intel from Germany and England. But again, I don't know what to believe. So when you don't have when you don't have transparency, when you're not holding regular press conferences, when your Pentagon spokesman is now working in the White House and now you're getting a triple spin. I mean, the U .S. Open double backspin. You've gotten so many spins on the narrative. I don't know what to believe. But if he is even close to what is a segment of truth, you know, then look, Ukraine needs an investigation. There's a lot of investigations. We've got to start on Afghanistan. We were promised that by Speaker McCarthy. We need a hot wash on Afghanistan. And then we need to go to what who is oversighting the money that's going to Ukraine. And what have we got for our return on investment? Yeah, I'm not asking for much. Really, all I'm asking for in this conflict is can we just talk about what the end game is? And to your point, can we get an accounting of where the money's going and what's being spent in a real accounting of it? The Iran deal that just happened last week. First off, the fact that that was negotiated and completed on 11th September to me is just the ultimate slap in the face. But you again, you know more about this than I do. We do a five for five trade. OK, I'm going to use sports analogies. We trade five for five. And then we also approved of six billion dollars that apparently wasn't ours, but it was in a fund that now they can release to Iran. How are we winning on that one? Well, first of all, I was hoping that at least it was a digital transfer. The fact that it went as euros in cash through Qatar. And OK, so what happens the 24 hours after that deal is made? We're now getting issues in the West Bank. We're now hearing about issues in Yemen. We've now got Hezbollah that's reinforced. I mean, look, what do you think they're doing with cash? Right. What deal do you make where someone says, I'll bring a box of money to you? What do you it's this is a state sponsor of terrorism. They haven't changed. By the way, their president is now in New York City addressing the United Nations. This guy's killed 6500 of his own people. He admits to it. He killed the students that revolted and wanted democracy when we did nothing. He killed 5000 of his citizens in 1988. He's killed over 300 Americans. There's no accountability whatsoever. I don't understand what it is about Jake Sullivan and Tony Blinken that believe that Iran is a partner. All you've done 10 years ago, they were refining 10 percent of their oil. And now they're a force. Now they're working with Maduro in Venezuela, and they're a huge part of their members of of the international community. They're in good standing there. I don't get it. Does anyone believe that the Iran nuke deal? Look, we got hit with cruise missiles under Trump in Iraq. How did they have those cruise missiles? Those cruise missiles were illegal under the Obama nuke deal. So how are you refurbishing missiles in two years? Do we believe that their centrifuges have stopped? That they won't have a program if they don't have one already? No, I mean, I guess my question, David, is how I mean, I know that you pay a lot of attention to this stuff, but how do people like in the media not ask these questions? Right. I mean, these are legitimate. I mean, we just traded to I put this on my notes here. This is on the heels of trading a WNBA basketball player for the Merchant of Death like six months ago. Right. I mean, and again, I'm glad Americans are coming back to America. I don't want to sound pessimistic on that. That's great news. But we also I mean, this this stuff just seems like I don't care what side of the aisle you're on. It warrants questions, but nobody seems to care. I'm in the world that if you take hostages, we take hostages. You want to exchange people? We'll exchange people. You know, we definitely have the partners in the area to do that. For whatever reason, this administration, they're they're they're contrarians. They're contrarians to you know, they claim Bush and Cheney are their best friends, yet they just go 180 degrees from that doctrine. I don't know what the Biden doctrine is. I don't know what Bidenonomics is either, but I could tell you that they believe that Iran is a partner. Now, here's another thing. Our envoy to Iran not only is no longer the envoy, he doesn't have a security clearance. Does anyone curious at The New York Times as to what happened to the lead negotiator in Iran that is escorted off a bus, taken into American custody, given a job at Yale or Princeton or wherever he's working now? I've never heard of a person going from top secret classified negotiations to no clearance whatsoever and in the custody of American intelligence community. No one cares. No one cares at all. It's fascinating. And again, for me, I mean, these are big decisions that we're making. And correct me if I'm wrong, but it used to be, you know, maybe we did a two for five deal and then we made the six billion. Now we're like, we're giving stuff away and we're on the losing end. Correct me if I'm wrong, but America was never, you know, America losing. It was always America winning, right? America getting the best of deals. At least McDonald's has a five for five. We didn't even get that. You know what this does though? Honest to God, if you're thinking about traveling overseas, things go sideways, cartel, South America, Mexico, wherever you're going, you have a price in your head now. No one in their right mind is going to bring you back whether it's Haiti or wherever you are, you're worth $1 .25 billion. And thugs and scumbags are going to take advantage of that. I mean, that's a great point too. Do you think about leaving the country? I don't know anymore. That's a little bit concerning. I don't care where you're going, right? That's concerning. This one I just had to bring up because it happened two days ago or yesterday. How do we lose a plane? And I heard that's like a third one in the last six weeks that something like this has happened. How are we losing $80 million planes? Well, they're not $80 million anymore because they've got a new engine and all this other stuff. Look, the F -35 program is a complete disaster. You want to talk about why our allies think we're crazy. We sold them a plane. This program has been around since the early 90s and we've got nothing on return for it. So basically two planes are flying in a buddy team. They're doing training and a guy punches out. We don't even know why he punched out, but that plane could have easily hit a building. It didn't, thank God. But the wingman didn't follow where his buddy went. So what is he doing? He just kind of went on and did his own thing. And now the Marine Corps put a Facebook post like a dog is missing. We're expecting the Ukrainian farmers to carry the F -35 out with their tractors. I don't know what the point of it's wild. Look, stop embarrassing us. Just stop humiliating us. That's all I'm asking. Just be the army and the Marine Corps that we know our men and women are capable of being. Get out of their way. This gender garbage, this social experiment nonsense, stop humiliating our military. That's all I ask. Why can we not get the... I mean, I know why we can't get the answer, but I'm asking this to you. But why can't we, at a press conference at the White House, why can't we say, I want to talk to the guy that was in the other plane, or you can tell us the transcript of what happened when that happened. Talk to the guy who jumped out of the plane. Why did you do that? And again, I'm not trying to put our military on the spot, but these are kind of big questions to ask, right? I mean, if I do something in my business, I have to go face the music on that. Why doesn't everybody have to face music for their decisions or why things are happening? I think it's kind of important. Well, you don't want to talk to generals because they're going to tell you the truth and they won't be generals anymore. True. And you don't want to talk to enlisted people. Because look, I mean, let's be honest. How many people are... Is this a merit -based military anymore? Do we have a meritocracy? Are we promoting people based on pronouns? Go figure. When we're putting politics above military strength, accidents happen. We don't know the facts, but the fact that nobody cares about getting to the bottom of it, the day of the Pentagon paper reporters are gone. Yep. Yep. Let's just talk about the 2024 race quick, and then we will wrap up for today. So your thoughts on the Republican primary so far, I'll stay away from the Democratic side till the very end, but your thoughts on, you know, there's obviously Trump who is now in a, has a huge lead. Ron DeSantis seems to be crumbling underneath himself. Vivek Ramaswamy has jumped up in the polls. Nikki Haley's there. Tim Scott's there. A few others that probably aren't going to get a lot of votes. Chris Christie's the anti -Trump candidate. Mike Pence is, I don't know what Mike Pence is. I'm not really sure. Your thoughts about the whole field so far? I mean, look, it's impressive. They've got a deep bench. There's a lot of diversity. I, you know, none of it matters. Trump is the guy. The more you indict him, the more you empower him. You know, I'd like him to work on his communications a little bit better. You know, but if Trump is Trump, Trump is a Frankenstein monster of Barack Obama. As long as you have that faction, you're going to get, you know, Trump is going to be empowered. I just don't want to see Governor Noem anywhere near the White House. And I, if he's going to pick a running mate, you know, it's hard to find an ally here, you know. But it would be nice to find a governor. I don't want to take anyone from the Senate. I don't want to take anyone from the House with the margins that tight. But I mean, the idea that Governor Noem is being floated right now. I mean, I'd rather take North Dakota. Yeah. A little sled there. You know, it's funny you mentioned that because I saw a lot of that this weekend. I mean, can we just, for lack of a better term, keep it in our pants for about a year and then do what you got to do? It really is. I mean, every time you turn, somebody's doing something idiotic, whether it's Boebert. And again, I say this, David, a lot of people know who you are. A lot more know who you are than they'll ever know who I am. But when you go out in public into a movie theater like that, and I'm going to Boebert, not Noem for a second, you're, you're extremely well known. I don't care if it's dark or if it's as light as it is in the studio right now. What are you thinking? I, you know, she's, she's, she's an embarrassment. She is. She's bad, too. Who would have thought that Marjorie Taylor Greene would have been the, the oasis of the Maryland? I mean, seriously, I, again, you're, you're in Congress every day. You're out in public, you're on the job. You know, at least she wasn't wearing a hoodie, you know, that's all in shorts. She was at least dressed for the occasion, but I, it was, it's wildly embarrassing. Vaping, singing, whatever you're doing. Getting groped. Yes. Who is your VP candidate then? Because I think, you know, you have names thrown around. There's, there's, the vague has been thrown around in there. You know, Byron Donald's has been thrown around in there. Carrie Lake has. I don't know. I love Carrie Lake. I just don't know that Trump needs to go with somebody so divisive there. I think he's got to go with somebody that's, that's firm in their beliefs, but also not maybe going to turn off half the country. Well, you know, it's, it's impossible. One of the, one of the problems with making Trump, you know, the, the enemy of the state that the left has done is that you've really made it difficult for him to even put a cabinet together. You know, I mean, what are you going to do with it? You've got a lot of loyalists out there. You know, the vague is, is I think maybe the most intelligent dynamic candidate we've ever seen run for president, but experience does matter. But you know, I love the way he thinks. I love the movement. I don't know if he would even take the job to be honest with it. I don't think he needs it. But you look at a Tim Scott, I think Tim Scott is, you know, there's a whole lot to his message and I think he's, he's got the experience in the Senate, but honestly, you could literally take the Clint Eastwood chair and, and throw it in there as vice president. I'm going with that because this, this from top to bottom, we have to have seismic change in 24. Do you think he would ever choose Kristi Noem at this point with all that now? Yeah, no one knew Mike Pence was a, was a 24 hour story and then he was the vice president candidate. So who knows? I mean, a lot can happen between now and then, but I just, I don't need, you know, let's just pick people on their merit. Let's pick people that are ready to be the president. Imagine this, imagine picking a vice president that can lead the country. If something happens to a 75 year old president, you know, like Kamala Harris. Yeah. Someone like that.
Mike Gallagher Podcast
A highlight from The Left Is Removing Statues & Erasing Americas History
"It's a real blessing to be surrounded by good people, and there are people who have my back struggling a little bit today. Two dreaded words, dry socket. Anybody who's had a wisdom tooth extraction knows the perils of dry socket. Well, good old dummy me got it and not doing so hot. So we're going to bring in my pal Kevin McCulloch. Kevin and I got to visit on the big Salem, New York, cruise around the island of Manhattan a week or two ago. Kevin, of course, is an accomplished talk show host based in New York City. He's been heard for years on our Christian station and on the news talk station. This is a man of faith, a terrific guy. And Kevin, you're going to help back me up a little bit today. I might be handing off the baton right off the bat. Have you ever had wisdom tooth dry socket problems before? No, I haven't. And just the sound of the words dry socket strike fear into my deepest being. So I feel very badly for you, Mike, and we've got whatever you need from us today. We're here to help. It's every bit as bad as it sounds, and it's not a good thing. It's what you don't want after you have a... I knew it was going too easy. I had the wisdom tooth removed Friday afternoon after the show. Everything was going great. Saturday, I was feeling great, Sunday not so good. And so it happens sometimes. So it's good to have you here with us. And first of all, many, many thanks to the great job you always do when you fill in for us. Of course, I've been listening to you for years, and it must be a fun experience for you because you're sort of transitioning from your own audience and your base into sort of another platform with our show. And I know our listeners have welcomed you with open arms. Well, I have, and Mike, the Mike Gallagher audience continues to be, I think, not only the most informed because of your daily efforts, but they prove to be generous in all of the campaigns that you do. And as I said when I filled in for you the last time, because I work PM Drive, I'm a big Mike Gallagher listener. I listen and actually many times watch your show on the Salem News Channel. And it's just fun to hang out in your sandbox. So thank you for letting me do that. Thank you. And thank you to Jerry Crowley and everybody at Salem Media of New York that allows us to have all the connections to do. It takes a lot of technology to do what we're doing at this very moment, Mike. And if it weren't for them, we wouldn't be able to. You'd be in dry socket hell if we didn't have a better management team. And speaking of Salem News Channel, That Kevin Show has become a big hit on SNC. You're doing a great job with that. And I love the mix. And I was one of your first guests. I was really honored to be on your show. And you've got a great blend of politics and pop culture and lifestyle and all kinds of neat stuff. In fact, speaking of that, let's kick off with some breaking news. Donald Trump Jr.'s account on X, formerly Twitter, was apparently hacked earlier today. I don't know if you've heard this story. There were a series of – well, get this. There were a series of offensive tweets, including one that said, I'm sad to announce my father, Donald Trump, has passed away. I will be running for president in 2024. You know, Kevin, there's such evil out there and there is such sickness and mean -spiritedness and viciousness. And somehow this almost seems par for the course, doesn't it? Well, it's one of those things where if Donald Trump lives this rent -free in the left's heads, just imagine how effective he'll be if he's reelected. I mean, this is – you've got to remember, and I know that you do, Mike, but for people that are listening, particularly cynics, Donald Trump's one of the few presidents that campaigned on a slate of promises and then went and actually did what he promised. If he comes back, he's already making promises about what's going to happen. There's going to be cleaning of the House and the FBI and the DOJ. There's going to be getting rid of the deep state at the Pentagon and places where wokeness has overtaken actual common sense in terms of policy. So of course they're going to play dirty and of course they're going to try to do everything they can. And all I have to do to compare what they think about Donald Trump Jr. is just ask the question, Hunter Biden? Question mark? No kidding. No kidding. Is there any comparison between the two? And you know, speaking of Trump and his promises and his predictions, something has come to fruition in New York City, and you know the city as well as anybody. Now comes news that these goofballs in Manhattan are actually going to consider taking down statues or any commemoration of George Washington, of Christopher Columbus. And I want to go back to 2017. I want to play this for you, Kevin. Check out what Trump said, because when he said it at the time, they condemned him. Oh, how crazy is he? Check this out. You had people in that group that were there to protest the taking down of to them a very, very important statue and the renaming of a park from Robert E. Lee to another name. George Washington was a slave owner. Was George Washington a slave owner? So will George Washington now lose his status? Are we going to take down excuse me, are we going to take down are we going to take down statues to George? How about Thomas Jefferson? What do you think of Thomas Jefferson? You like him? OK, good. Are we going to take down the statue? Because he was a major slave owner. Now we're going to take down his statue. So Kevin McCullough, do you remember the backlash? Do you remember the backlash he got when he said that and they mocked him and they said, what a lunatic. And he's a fear monger. And now just look at what's happening in New York City, what he predicted could be coming to fruition. Yeah. And you know, what's particularly sad about that, Mike, it's like if people have a different view of history, so be it. That doesn't mean, number one, that they should set policy for what everybody thinks about history. And certainly I would make an argument that history is made by flawed people. And it's really people that overcome the worst flaws of what they have that really do great things and that we should celebrate the great achievements, not expect every single human being to have been perfect. But beyond all of that, this city's in a mess. We have crime. We've got migrant overpopulation in ways and areas that we can't even begin to deal with. And this is what people want to focus on. I mean, and it is you're talking about a warped mix of priorities for sure. It's upside down. And it's absolutely happening as I mean, I've been following this and I'm in just absolute utter amazement, as you say, New York City dealing with crime, crippled under monumental budget cuts due to the illegal immigration issue that frankly the Democrats created. I mean, you want to be a sanctuary city, be a sanctuary city. And now the City Council's Cultural Affairs Committee is going to hold a public hearing on a measure to remove works of art on city property that depict a person who owned enslaved persons or directly benefited economically from slavery. Well, of course, George Washington's at the top of that list. So Trump was right. These nuts in New York and in other blue cities are going to try to remove the founding fathers from our consciousness because they own slaves. And it's exactly what Trump said back in 2017.
The Bitboy Crypto Podcast
A highlight from Bitcoin PUMPS on Bullish Europe Inflation!
"Hey, everybody. Let's discover crypto. I was seeing if it was going to come back in a camera frame. It is Tuesday, September 19th. It's 11 .33am. Thank you for joining, everybody. We got AJ and Drew on the 1s and 2s. How are we all doing today? Another day in the life. It's Tuesday. Okay, okay. I thought that said XRP for a second. No, that's EXP. Express. Yeah. Okay, okay. That's what I'm wearing. That's what I'm wearing. It's today's show brought to you by Express. Nice. You know it is brought to you by the Express conduit of information flowing directly into your brain. That is discover crypto. We also got Drew on the on the board here. Now, Drew, you were late today. You're looking for a F -35, right? Yeah. No luck. No, no luck. There is a debris field in South Carolina. I don't know if you've seen that. You know, it's kind of just incredible that you act like you can lose an F -35. You know that. I mean, you've got to assume that there's some tracking systems on one of the most advanced technologically advanced hardware. No, it has stealth capabilities, and they turn it on. It's like I understand, like, you know, losing your sunglasses. Yeah. You know, I understand losing your wallet or your cell phone or like my ID on a plane that has happened. But to lose an airplane, I don't know, man. It doesn't add up to me. Where are you at? So it is like they lose three million dollars on a seed phrase or a hard drive in a landfill. Right. That's easy to lose. That's easy. Yeah. It's you know, it's this small, you know, it's in a gigantic landfill. Yeah. No, we have something like cruising around. I've heard that NASA, they can track everything bigger than a football. So that probably means everything bigger than a softball. Pretty much. Yeah. Well, you know, the Pentagon does lose trillions of dollars at a time from here and there. So it does happen. I know that they misplaced trillions of dollars. Things happen. DN says they have one for sale. I don't know if you guys saw that. Was it Craigslist ad? And it was like F -35, I have to move this thing fast. You know, it's like in South Carolina. It was pretty funny. That's hilarious. Guys, make sure you are sub to the channel. We putting out the lives, putting out the shorts, putting out the videos on the regular AJ. What is your next price prediction? I think I'm going to do it on Casper. I've had a lot of people asking me about a Casper video, just so many because, you know, it's. But the thing with this video is that with the all the other videos, I can go back and like look at, you know, all the previous price action, the previous dominance levels, the previous market with this. It's like, here we go. It's basically just a video on its tokenomics and a range of like what's going to be possible with its market cap compared to other coins that are doing a similar, you know, kind of thing that they're doing. So I'm excited to dive into it. Haven't done it yet. Probably going to film Thursday. Well, make a price prediction video where it goes to a penny so that I could buy a bunch. But speaking of prices, let's look at the crypto prices for today. It looks like the markets are maybe slightly edging up. We're going to go ahead and refresh this just to make sure. Yeah, it is a slight movement to the upside here. 0 .3%. We have 24 hour volume coming in at 38 billion dollars. Bitcoin dominance. I think is up 0 .1. It was 47 .3 is now 47 .4. And we have gas really, really low coming in at 18 gwei. Bitcoin is up slightly 0 .6%. So not a whole lot. The one hour candle is bigger than the entire 24 hours. So we went from negative into the positive in the last 24 hours. Ethereum still playing catch up, still down slightly. BNB down slightly. Lido staked Ether down slightly, but Cardano up above 1 % and Dogecoin up above 1 % and Solana up exactly 1%. Matic 2 up .2%. Polkadot, I think it got a little bit of bad news lately, right? It's down 1 .1%. All these are not really moving too much. We have Chainlink cooling down. Cooling down, it was, you know, close to 10 % now coming in at 1 .6%. So 15 % for the week. What about the biggest gainers? And guys, I haven't checked this and today I have a good feeling. Today, none of my coins are going to be in the top losers. How do I know? I don't know. I'm just trying to manifest it because I think this is a simulation. If I say it and I believe it, I'll make it happen, everybody.
Bloomberg Radio New York - Recording Feed
Monitor Show 15:00 09-19-2023 15:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. 35 laying in a field. There goes a hundred million dollars. That's right. A rounding error at the Pentagon. Thanks for the time, Kaley. We'll meet you back here tomorrow. I'm Joe Matthew in Washington. Bloomberg Business Week starts right now. Live from the Bloomberg Interactive Brokers Studio, we're streaming on YouTube. And on Bloomberg Originals, it's Tuesday, September 19th, 2023. I'm Tim Stenebeck here. Terrell Masser will be joining me shortly here in Hurstead for just a few minutes. We got Charlie Pellet. Hey, Charlie. Hello there and good afternoon. We're looking at a down market right now, but I tell you, we have got a lot coming up right here on Bloomberg Business Week. Not only are we covering the markets, but also too, we've got a conversation about the new world order, the new economic world order, what a Bloomberg economics analysis of foreign direct investment tells us about the geopolitical bets that companies are making. Yeah, that's right. It's today's The Big Take. You can read that story on the Bloomberg Terminal at Bloomberg .com slash The Big Take. Charlie, you mentioned that stocks are falling, bond yields are higher. This on the eve of the Federal Reserve decision, we've got higher oil prices too, Brent topping $95 a barrel. That adds to the concern that interest rates are going to be higher for longer to prevent a flare up of inflation.
Mark Levin
Gen. Mark Milley Says He Never Received ‘Illegal Order’ Post-Election
"Never received an illegal order. You were in this building on January 6th. You saw what happened on January 6th. Are you nervous about that happening again? Can you honestly say you're not nervous about that happening again? I'm not nervous about it. No, I think that first of all, I think Do you worry about it? You will be long gone from the Pentagon. No, I don't worry about a lot of things, Martha, I don't get nervous about a lot of things. I've seen a lot of combat. So I'm beyond that actually. So, But I would tell you that the United States, the institutions of the United States are very strong and very silent. I just want to clear this up. Whatever words you use, worry, concerned, but are you confident that that won't happen again? I am confident that the United States and the democracy of this country will prevail and the rule of law will prevail. absolutely I'm confident of that. And these institutions are built to be strong, resilient, and to adapt the to times. And I'm 100 % confident we'll be fine. Isn't this amazing? I know you know liberal. It's even more than that. She wouldn't let him finish his thoughts. She was pressing him hard to give the answers that she insisted on. Because, I hate to say this in so many ways, but the man deserves credit. He was not going to accept her narrative. And he was in the Oval Office. When Donald Trump offered Guardsman the National to the Speaker of the House and to the U .S. and DC. And they said no. He was in there. The Acting Secretary of State was in there.
Dennis Prager Podcasts
"pentagon" Discussed on Dennis Prager Podcasts
"Oh, Dennis, thanks for taking my call. I was just curious, you seem to brag about being an underachiever in high school, how did you get into Columbia? I got into Columbia graduate school, and I did work in college. That's how I got into Columbia for graduate school. Undergrad. Brooklyn college. And the university of the university of Leeds in England. All right, well, I'll see I got that. No, no, you didn't get it wrong. It was a perfectly legit question. I graduated in the bottom 20% of my high school class. I did no homework. I enjoyed myself for four years in high school. I thank God that I did. It was really I've never had any even brush with burnout. I have the same joie de vivre enthusiasm about work today as I did 40 years ago. There is zero diminution in my energy, and I think in part, it's by nature. It's my inclination. It's my idealism, but it's in part as well. The fact that I decided to start really working hard later. And I look back at that as a very, very good thing, a very good decision that I made in life, at least for me. I'm not saying it works for everybody. But as soon as I got into college, I knew I can't horse around like I did in high school. I didn't horse around. And in fact, I won, they gave one sophomore at Brooklyn college a year. A scholarship all expenses paid to study anywhere in the world, plus a stipend and travel. And I want it out of 2500 sophomores. I obviously did apply myself, although that, to get that award, you had to have a certain index as they called it great, great point average. It was not the once you had that, then it was decided on interviews. And to be honest, I had a very strong sense that I might win this award once it got into the interview phase. Okay, let's see here. Salt Lake City, Utah, Arthur hello. Dennis, the first time I called you, I think I asked you have you been trained as a rabbi? I have been trained around by, but I'm not a rapper. Rabbi, yeah, I'm calling now for a question because you don't have a dog in this fight. Can any Christian in the light of Luke 22 35 and 36 be a pacifist? What is Luke 22 35? During this last supper, Jesus said, when I said to you out with no purse or script or shoes, lack anything, and they said nothing. Then he said, but now I send you out and he that has a purse let him take it likewise his script and he does not have a sword let himself his cloak and buy one. In that light can a Christian be a pacifist. Okay, thank you for calling. Even without the scripture from Luke, it is inconceivable to me how any religious Jew or Christian. Following the Bible could be a pacifist. It is actually painful, morally painful for me, that to hear of a believing Christian or Jew who was a pacifist. If you're an atheist near a pacifist, I disagree with you, but it's not painful. When people get scripture wrong, it's painful. One of my favorite verses is from the psalms, those of you who love God, you are obligated to hate evil. How do you hate evil if you don't fight it? There is no answer to that question. You can not hate evil and not fight. You're fooling yourself and you're not but you're not fooling God. The idea that it is morally wrong to defend yourself or anyone else when their life is being threatened by someone who is intent on doing evil, pacifism increases the amount of evil on earth. I don't see why that is God's will. Dennis prager here, thanks for listening to the daily Dennis prager podcast to hear the entire three hours of my radio show commercial free every single day become a member of prager topia. You'll also get access to 15 years worth of archives, as well as The Daily Show prep. Subscribe at prager topia dot com.
Dennis Prager Podcasts
"pentagon" Discussed on Dennis Prager Podcasts
"It's a pleasure to speak with you again. While I was on hold, I was thinking it's important. A therapist did point out to me once that there was a difference between a justified resentment and one that was not so justified. And that sometimes to justify ones are harder to deal with, so she asked me to concentrate on those. Oh, that's entirely accurate. I'm going to deal with I'll deal with that when we come back. That's right. There are, of course, they were justified resentments. And of course, they were unjustified resentments. That's right, as a great call, thank you, I will comment on it. Hello, everybody. I'm Dennis prager. It's the happiness hour of the subject is resentments. The last caller notes and the actually triggered a discussion here, I salute you. That you're there are his therapist made of clear to him there are justified resentments and unjustified resentments. Entirely true. There's no question about that. I think the macro resentments in this country are unjustified overwhelmingly. So that even makes it worse, even if they were justified. It's not healthy to keep it up. But I'm mostly concentrating on the individual here and not the group. So let's say you, here's a simple truly, I'll use a simple, almost simplistic example. Somebody cuts you off on the road. You are a 100% right, the person was a 100% wrong. And to make things even worse, they gave you the finger. Because you honked or flashed your lights or whatever. So it's a good example in that you're a 100% right. You have every right to resent what they did. So the question is how long will you carry that resentment? That's what I'm referring to here. That's why I'm using this simple example. Because you would consider somebody who spoke about this 5 days later. And was still seething, you'd think that they were mentally ill. Right? Even probably 5 hours later. So. That's a little good, simple microcosm example of how long will you hold on even to legitimate resentments? In the case of the individual I know who isn't speaking through his parents. As an adult, because of the childhood resentments, I don't even think they're justified. Not that he didn't have some hurts. But who doesn't have hurts? I promise you, I can give you a list of resentments that I could I could have entertained in my life. A Vis-à-vis my upbringing, I got rid of them so early, it's one of the reasons I've been I've been happy virtually all of my life. I just realized what good are they?.
Dennis Prager Podcasts
"pentagon" Discussed on Dennis Prager Podcasts
"Now, that's an interesting question. And by the way, there might be some truth to that. The, who was the determinative vote in Chicago's desire to commit suicide. Which I mean literally Chicago is killing itself, and it did show in the last election. What is most remarkable is that the people hurt most by the increase in homicide, homicides in Chicago were the ones to overwhelmingly vote for the left wing candidate. So the question is did black Chicago vote overwhelmingly for him because he's black or because he's leftist? Most people think because he's black, I think it's because he's leftist. Blacks have come to believe that the left is their ally, based on what that's one of the great puzzles of life up there with why God made the mosquito. But remember, had it been a black moderate, the odds are overwhelming that the individual would not have gotten much of the black vote. So the guy who is most anti police, the one of the most important things that the black community in the living in any event in crime zones would benefit from, namely, police presence, the one who wants less police presence is the one that blacks voted for. It shows you, by the way, that ideology trumps reality. That women support a trans women and their right to compete against women shows you that ideology has trumped even self interest. That's why you must understand as I have explained all of my life. That all of these all have leftism is secular religion. That's what it is. Its secular religions, feminism, environmentalism, people will hurt themselves, they will monitor themselves for their faith. So please play a clip from the president of the United States, Joe Biden. The single existential threat to the world. Is climate change. We don't have a lot of time. And that's a fact they're even recognizing and finally, everyone's recognized in America. Whenever he says that's a fact, I assume he's lying. It's like a signal what I just said is not true. It's the single greatest existential threat in the world. It's the single best way for me and the left to overthrow western civilization as we know it and destroy the economies of the western world. That would be the truth. I wonder if you have ever said that during COVID that this is the greatest existential threat right now. Just curious. I'm curious. Though we all of these great threats, let me take away the rights of people. He said that in Ireland, see the Irish prime minister's dog started barking at him and did you see that? Oh, it's really, it's remarkable. Now, I'm not using this as proof that the dog knows what I know that this is the scummy as human being to be a president of the United States and our history. But dogs are sensitive to meanness. So it's not proof, just I thought it was very, very funny to see the dogs reaction. To our president, Wall Street Journal, Biden's EPA remakes the auto industry, his new car rules are a de facto order to make and buy EVs electronic vehicles. That's right. And then they call out Donald Trump as fascist. When the government tells business what to do, that is one of the true signposts of incipient fascism. The U.S. industry is nominally still privately owned, but it is slowly becoming a de facto state directed utility. That's correct. This is all done with an excuse. There is no existential threat from climate change. It's one of the gigantic lies of human history. But we bathe in lies like men give birth. Men give birth and biology, biological life is existence is threatened by climate change, are equivalent. What they do is they serve to destroy because destruction is intrinsic to leftism. Did my quote remember I quoted Time Magazine last month it was this 100th anniversary issue and it says we will continue to do and live by our purpose. Change and disruption. Not report, not tell the truth. Change and disruption. Yes, that is truly that is a perfect synopsis of leftism. Change and destruction look at what they've done to art, architecture, music. Education, it's all just been disruption. That's what they know how to do. It gives them meaning in their vapid secular lives. That's the meaning of the Environmental Protection Agency's proposed new vehicle emission standards Wednesday that will force feed the production of electric vehicles, whether or not consumers want them. The EPA is using its authority under the clean air act. God was Barry coldwater right. Government just passes these acts and then uses them. Which.
Dennis Prager Podcasts
"pentagon" Discussed on Dennis Prager Podcasts
"So it's an interesting question. Why is Latin America? That means Central America and South America, so behind North America. I don't have a perfect answer for you, but you can't get answers if you don't ask the right questions. That is a right question to ask. And there are any number of possible responses, one might be that North America's Protestant and the rest of Latin America is Catholic. There's no knock on Catholicism, just different work ethics seem to have grown up or different types of governing patterns. On the other hand, France is Catholic, and France is in the fully developed world. And Poland is Catholic, and it is tremendously advancing. So I'm not sure that that is the answer might be part of an answer. What was the famous book by was it max Weber Protestantism and the work ethic? So there was an advanced idea about that. Another one is climate, hot climates don't tend to produce as robust and economy as a moderate climate in order to climates that have both cold and heat. And in the middle, so that's a possibility, but the American south is certainly developed. Of course it developed slavery and that killed its economy ironically. It was good for slave owners, but economically, but it wasn't good for the south. But here is an answer that I have found very compelling, which I offered you many, many years ago when I actually interviewed the author of a book titled who prosperous. And it's such an important question who prosperous. And his theory, Lawrence Harrison, who was in aid AID, much of his life working in South America. His theory was or one of his theories was what he calls familism. Discrimination on the basis of family. In North America, the tendency was you hired the best guy. And in Latin America, you hired your brother. Your brother in law, your son, your son in law. That's that was a very compelling argument. And then finally, because of familism and whatever other factors, there's a tremendous amount of corruption. Corruption is the road to poverty. It is also the road that is a dead end to getting out of poverty. When I was in Africa, one of my many trips to Africa and West Africa. I don't remember if it was Togo or Benin that this took place. I believe it was one of those two countries in West Africa. And I was in a van, my wife and the producer of the show and his wife were in a van. And the van came to a stop, a roadblock placed by police. And the driver looked at us and said, watch this. And what did we watch? The van was stopped at the roadblock by police. Was there an accident? Was there road work? No. They were police stopping the car to get a payment so that the car could continue on the road. Remember that? We don't have that yet here. We're getting there. The amount of corruption in the United States is unprecedented. And it will be the road to our impoverishment and the failure of the society. That is the C word. Corruption. The more corruption the more poverty. You can't get out of poverty. When you have corruption. When I was at this resort, when you walked along some of the corridors, everything was open. I mean, you were open to enormous amounts of pool water you could actually swim, my grandson swam from his dad's room, my son's room two hours. I mean, how's that for a rare thing at a hotel? And so it was open and you could see from the other side, not looking out onto the pool and the ocean. You could see apartment buildings across the way from this lavish lavish hotel, and you saw the face of real Mexico. In the state of the apartments, I don't know how you get out of corruption. He says when there's enough corruption, if you fight corruption, there's a good chance you'll get killed..
Dennis Prager Podcasts
"pentagon" Discussed on Dennis Prager Podcasts
"I'll tell you one thing about this release of papers by this young man in the National Guard is that correct is that the area he was in. Two things that are just a given. Had this been a Trump war and somebody had revealed papers. Had revealed papers that they themselves revealed, things were happening that shouldn't be happening like American troops in Ukraine with British troops. Then he would have been regarded as a whistleblower and a hero. And of course one famous case, if you may not have lived through it, but you should know about it called The Pentagon papers. Which is exactly what they were. Vast troves of Pentagon papers to harm the American effort in Vietnam. And the people responsible for the Pentagon papers published, by the way, of course, by The New York Times. And Washington Post, these people were heroes to the left. So if you reveal confidential or highly confidential matters and the left doesn't like the war, you're a hero, and if the left likes the war, you're a criminal. That's the world in which we live, and it's just worth having clarity over agreement, which is one of my mottos. On the positive side, Anheuser Busch is losing billions of dollars, whether this will continue or not is unknowable. However, if you buy an Ann Hauser bush product now, you are contributing to the decay of the United States of America. To put a man who says he is a woman on a can of beer, is an act of such a middle finger at the vast majority of Americans, including Democrats. That it takes a woke female to come up with the idea, which is exactly who came up with the idea. I was reading an article, I don't know if you sent it to me or I was reading it on my own or you saw it on your own about how the upper echelons at Anheuser Busch had no idea that this was happening. Did you happen to see that? No. Yeah, they had no idea. She just did it on her own. And there's no doubt in my mind there in sense that the woman. It's not like Bud Light needed this. And what is remarkable is the feminist support for men who say that they are women even to compete against women not only for fashion contracts, modeling contracts and the like, but of course, even in sports, even in female sports, and there is a reason and I have said this all of my life. Feminists do not give a damn about women. They feminists are a first leftists, and B, they have generally a deep hostility to men, hence the use of the term patriarchy, toxic masculinity and the like..
Let's Get Civical
"pentagon" Discussed on Let's Get Civical
"Specific <Speech_Female> <Speech_Female> vibe <Speech_Female> <SpeakerChange> <Speech_Female> <Speech_Female> Type of <Speech_Female> person like <Speech_Female> it's it's like just <Speech_Female> a world <Speech_Female> and a culture that lake <Speech_Female> we. I <Speech_Female> don't understand and have <Speech_Female> no exposure <Speech_Female> to i feel like very <Speech_Female> people have exposure <Speech_Female> to that level <Silence> agreed <Speech_Female> so therefore <Speech_Female> <SpeakerChange> i want <Speech_Female> in the <Speech_Female> on the <Speech_Female> exclusive. I want to be a joint <Speech_Female> chiefs chief <SpeakerChange> of staff. <Speech_Male> You <Speech_Male> should be joint chief. <Speech_Male> The <Speech_Male> <Silence> dogs adopts. <Speech_Male> I <Speech_Female> the cat <Speech_Female> sausage council. <Speech_Female> Absolutely <SpeakerChange> need you <Silence> to be up. <Speech_Female> You're right <Speech_Female> i'll call <Speech_Female> counsel. Yeah <Speech_Female> i get. I get the paperwork <Speech_Female> in <Speech_Female> for <Speech_Female> you guys. That is our <Speech_Female> episode on <Speech_Female> the pentagon <Speech_Female> <SpeakerChange> <Speech_Female> so happy <Speech_Female> anniversary to the <Silence> pentagon being <Speech_Female> <Speech_Female> built basically <Speech_Female> or or <Speech_Female> breaking ground <Speech_Female> which is happening <Speech_Female> <Speech_Female> Very soon <Speech_Female> or has <Speech_Female> just happened. Depending <Speech_Female> on what day <Speech_Female> <SpeakerChange> today <Speech_Female> is <Speech_Female> it has. <Speech_Female> Let's see <Speech_Female> what's about to happen. <Speech_Female> It's gonna happen <Speech_Female> And a couple of days <Silence> the anniversary <SpeakerChange> <Speech_Female> <Speech_Female> but in the meantime <Silence> <Speech_Female> we <Speech_Female> love you so <Speech_Female> so much and if you <Speech_Female> like what you heard you can <Speech_Female> find us on <Speech_Female> twitter and instagram. <Speech_Female> at let's <Speech_Female> get cynical. <Speech_Female> you can rattus. <Speech_Female> You can <Speech_Female> review us. You can subscribe <Speech_Female> to <Speech_Female> us. We <Speech_Female> love you so so much <Speech_Music_Female> and we will see you next <Speech_Music_Female> wednesday <SpeakerChange> <Speech_Music_Female> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Music> from.
Let's Get Civical
"pentagon" Discussed on Let's Get Civical
"So then the house of representatives passed the necessary legislation for the project on july twenty eighth nineteen forty one and the senate just a little bit later on august fourteenth by that time however controversy had arisen over the scale of the building as well as its location so close to the hallowed ground of arlington national cemetery. I mean sure. Very valid concerns. Yep moved by the protest. Fdr declared that the project should be moved to a site. Three quarters of a mile south of arlington farm adjacent to the washington hoover airport. He also directed somerville to reduce the size of the building to no more than two point. Two five million square feet which is still huge show gigantic. Still josh norman. But smaller ma and also i liked that was like we have to move the project Let's pick it up and put it over here. I mean assuming they had not broken ground no. It was very close to being started. Yeah and it's like you can't. I mean we have to now. Make sure there's no swampland and next to the airport god yup. Obviously there was pressure for the temporary building to become permanent yup at the height of world war two the pentagon house more than thirty three thousand people and it's worth exceeded expectations officials discovered that they did in fact need to keep such a large military force active once the war was over so instead of turning the building into something else it remained the military's command center so again they're like we love this. I think this is great that we have this huge office dedicated entirely to military operation. Yes we should keep this building ouija. Gabe in nineteen ninety two. The building was designated eight national historic landmark due to its age renovations began around that time on the building billions now four million square feet of space will. Yeah i mean it's been around for fifty years right. We built it quickly. Yes with a shortage of steel So there's leaky roofs and faucets. You know you gotta gitte up a bit and just fifty years of like new technology and right new fortifications and the us military had grown immensely and of some stuff. Do they have some rough to in september of nineteen forty seven. Congress passed the national security. Act ushering in the single biggest military reorganization in american history. The act created the national military establishment. Split the air force from the army formally established the joint chiefs of staff and created the central intelligence agency or the cia and the national security council. Jesus christ donna valet packing an end to a bill like real a real overhaul which makes sense because we were a country at war in the post world war two era. The pentagon's role was shaped decisively by growing cold war. Tensions is that a chill in the air war as the wartime alliances with the soviet union disintegrated into a fierce rivalry the old by the nuclear arms race and the growing number of us security commitments around the world. I mean when you think about it. There's not a lot of time in between the end of world war two and the beginning of the cold war no not at all. So yeah there. Like i wonder if they were even like i don't know let's let's stay in the pentagon for like five years and make sure there's make sure that every ends with they're doing exactly half sense started acting up and they were like we're keeping the pentagon. Oh yeah they're like. we need the pentagon. We don't trust those soviets so an incredible amount of workers and materials brought together the pentagon the grounds and building went up in a stunning sixteen months. I'd say insane. They're like nuts buildings in new york. That literally still not done for like ten years crazy. Yes here's like these people on it i know. Get the get the military on it. They that's the thing. So i i love military's because when they're in charge of a project when they were in charge of the vaccine distribution as got done dang that did that shit get. Donna was a lean mean will organize machine. Yup hell helje. The building was officially completed in january of nineteen forty three. Thanks to the help of one thousand architects and fourteen thousand. Tradesmen who worked three shifts around the clock a staggering amount of materials were needed including four hundred and thirty five thousand yards of concrete. What to measure concrete and ours. I know i that is such a weird statistic. I mean i guess once it solid laid out sure. Is that a yard. How tall is the yard right. Toll the but that's just one dimension right like if you lay it down. Sure you're thinking like as tall as it wider yet like. Yeah yard which way which way i understand it also needed forty three thousand tons of steel and six hundred eighty thousand tons of sand and gravel. I don't i understand. That sand is used a lot but the idea that the pentagon is made up of that much samd is odd. She'll blow over and yeah we're by. The first tenants moved into the building in april of nineteen. Forty two several months before the building was finished. So they're like look. We've got three offices done uh-huh three people can work here. Chairman of the joint chiefs come on down intestine at the pentagon instead of steel. The building was primarily built of reinforced concrete. Hence the amount of yards. Much the filler. For this concrete was dredged from the grounds around the pentagon itself including the potomac river. And they're like we need. We need to make something. Go dig all go down to the river. Bring us back. some sand. Concrete was also used to build a series of rams throughout the complex which eliminated the need for. Steel enforced elevators. So they're like we can't. We can't use steel. Let's get creative What can we do. What can we do roads. No under this thing needed so many renovations. God yeah in. An america still highly segregated by race the pentagon's planners found it necessary to design a building with separate facilities for black and white employees including white and colored cafeterias for the construction crews and two hundred eighty four bathrooms twice the number needed for anticipated staff levels however in june of nineteen forty one president roosevelt issued executive order eight eight zero two which prohibited segregation among federal employees Okay so there were like Doing this now during this federal aunt no at first virginia authorities determined to enforce the regulations laid out and its jim crow era. Separation of races law insisted that the facilities be segregated before finally relenting and ceding control of the pentagon to the federal government. So virginia is trying to be a little piece of shit about and try to keep the pentagon segregated even though it was a federal law or i guess a federal executive order that this couldn't happen so stop acting up. Virginia digs eat from its opening all facilities were open to both black and white employees making the pentagon for a time. The only non-segregated building in all of virginia which is wild files because virginia's not small and it also houses other major political government buildings. Yes yeah all. I wonder if it's because of its virginia. Not dc still. I mean they're still like the things that are in. Virginia that are not dc true and also it's like still a huge us state. It.
Bro History
"pentagon" Discussed on Bro History
"We have no idea what they are and they seem to be exhibiting characteristics. That defy physics. So isn't this what that this is what that guy i ask. Did you mention him Was lewis or lew luella. Zondo lou zonda yet. He's the guy who's who's he's very unlike. All the spokesman for the stuff right so lula's onto i was gonna talk about him but I the report dropped. And i stopped doing on notes on him. But i can give you a basic overview of him so lula zondo was evidently. The pentagon seems to Disliked this man go figure Louisville's ondo he was allegedly the director of a tip so the advanced aerospace threat identification program. The one that harry reid created And perry created in two thousand eight and then he took over the program in two thousand and ten And from two thousand and ten til like two thousand seventeen. He was the guy that was responsible for collecting all the data. And all these reports like basically put all together. And you know we're talking about this this report that just dropped recently. Says they started in two thousand and four and they ended in twenty twenty one so this guy was responsible for the collection of the data for the majority of this report. You know and he was a former he was in the military obviously He was like a counterintelligence guy right and he was working with like you know getting intelligence on mike terrorists and shit like that you know like he he do interogations and like all countries like a very specific set of skills. You know like Like the guy from taken like liam niessen kind of bad ass type of figure but apparently the pentagon says that he had nothing to do with a tip. Even though plenty of people including harry reid who signed a document said no yet he was a part of it and you know he was the head of it and that was my program so i should know you know So this guy has been doing this for a long time. And he decided to to leave the program because he felt that the way that the united states government was handling this and keeping the secrets was was bad for the american public and was generally bad for human beings. Super fascinating guy He's been doing a million Interviews like if you literally google this this particular issue at any point. You're going to come across. Louis louis el zonda or louisville's ondo He also ended up create Linking up with tom delong from blink. One eighty two. You know this guy who's like apparently also like huge. ufo guy. He created like a like a school basically for ufo studies and he's linked up with these people. He's linked up with hundreds of different. You know former military active military congress. People you name it like this guy's luos on his very very well connected and he has all the data and all he really wants to do is help promote disclosure of this information. Well here's the thing. Here's my opinion on this on blue. L. zondo because he i listened to the interview he did with new york post And i listened short ones unlike. Cnn he did. I'm veal and here's my gut feelings. I can't really Back this up with we're in conspiracy..
Bro History
"pentagon" Discussed on Bro History
"And the speed of light is in in miles bro. That's meters per second in miles per hour. The speed of light is a number that you can't even display it's one It's it's ten times six point seven ten to this six point seven miles per hour. Ungodly fast right is actually easier to to figure out in in you know a meters per second so meters per second is also a number. That's ridiculously fast. Because like with our current technology we would require colony ships to make it. They're right we'd have to like basically sleep in hibernation or something like that because we've only ever been able to achieve a minimal fraction of the speed of light right so if the speed of light is one we probably hit like maximum two percent the speed of light three percent the speed of light. That's how fast able to go so if it takes us for if it takes light for years to get to you know To and tori it would take us. I'm really bad at math on the fly here a lot longer. Let's just put it that way. A lot fucking longer it would take as one hundred times four four hundred times longer basically. It's like i you ever hear of the concept of a colony ship. I think it is a pretty interesting concept Where basically wally right. That's the reference can have right. Wally ship wally turn into link fat whale creatures and all. They do live on the internet until they reached their planetary destination. But i guess a concept is is that it'd be generation to generation of peens appeal that would be You know living there and it'd be like over a thousand years or so and enabled eventually you know. The final generation would be the the the generation that would repopulate whatever planet they land on but ram. I would assume that you know there'd be summed up some type of war in that ship for every won't be massacre before it released before it gets there. Yeah i mean if there were awake right. So another option scissors like asleep or that we just send embryos and robots right so maybe we send some embryos that are chilling on ice for a long time and then the robots will incubate those babies. And then they'll raise the babies and then eventually get there. There's actually an interesting. Hbo max Show that's called something about wolves raised by wolves or something like that is pretty much exactly that concept Interesting show you should watch it if you have. Hp amax okay. But but i want to get back to this thing though. Because i feel like this is getting lost on you..
Bro History
"pentagon" Discussed on Bro History
"The largest nuclear power plant in the united states the palo verde nuclear generating station in arizona provides about three point three gigawatts of power for about four million people. So we're talking about eleven hundred gigawatts versus three point three gigawatts for one station scale. That up rate we're talking about you know hundreds times more people that we could power with this kind of energy and that device was able to whatever it is was able to generate enough energy to make it go that fast in an instant so either this is the scandal here either that thing generated more power than the entirety of the us nuclear production immediately or this thing has a propulsion system that allows it to bypass physics like Physics donate it right either. Explanation is crazy well so at. Let's say we invented a device with our own within our own realm of realm of the law physics that traveled at the speed of light. Now is in alvis torian. Isn't it like what How many do you have an idea. How many light. Years away it is. It's a lot like thousands of light years away right. No it's not that far okay. It's four point three six seven light years away opening. You traveled at the speed of light. And take you for years to get there okay. So the speed of light is incredibly fast. You like way way way way way faster than anything we've ever been able to achieve. Well i think. I heard something where if we traveled to alison toria m- With our current technology. Right now it would take like with thousands of years to get there yet so the fastest speed in space. And i'm just googling this right now I believe was Our Like our moon missions and the the vehicle reached. Okay on google. I gold itself the alpha apollo ten That was in sixty nine The cruise vehicle reached a speed of twenty four thousand seven hundred ninety one miles per hour so twenty..
Bro History
"pentagon" Discussed on Bro History
"That i think helps kind of set the stage here so it says these unidentified craft typically exhibit anomalous flight characteristics such as travelling at extremely high speeds changing direction or accelerating at extremely high rates and hovering motionless for long periods of time furthermore these craft appear to violate the laws of physics in that they do not have flight or control surfaces any visible means of propulsion apparently violating newton's third law and can operate in multiple media such as space so low earth orbit air and water without apparent hindrance. Sonic booms or he dumps. so he's very smart people. They did the math. The crunched the numbers and they're like. Hey there's some weird shake going on here so we've got these things that are flying around and that could apparently do stuff that seems to be impossible. Making them effectively untouchable for us. And they seem to frequently hang out around our military assets and the fact that they're just hanging out near a military asses thing but you know. Sometimes they pose a direct threat to us so this is from the report that was dropped. There was eleven reports of documented instances in which pilots reported near misses with. Ufo's meaning they almost crashed with these ufo's so even if it isn't hostile it could be sometimes dangerous when we're just flying around and all of this is to say that the threat is amplified. When you consider the fact that the report admits that we have no idea what the hell these things are. We we have no idea so if you you know if you're like henry as an example and you don't want to buy into the alien bits you don't have to for this to be important. This could easily just be a super advanced chinese spy weapon or something like that. I can't figure out which is worse yet. Aliens were lined xi jinping but honestly. It doesn't matter because the fact that we're basically powerless against these things is kind of concerning. So i guess yeah like the standard threat of just like crashing into it for adjust. That's dangerous in itself. But what do you think the possibility it is. It's just like some of our own stuff that we're just not disclosing to the public like your more likely. That were that the that the united states is going to have some advanced technology up in the air that is like super-secret rather than rusher china. That's equally possible and it could be the case in little. That's just shit. Like okay like we kind of need to keep this stuff secret. So we'll give the plebs some information send him down the long wrong tracker atlas psi ops campaign that that that is entirely possible. I will point to the fact that i read before A little earlier that the report says that they were not able to confirm if it's something of ours that doesn't mean that it's not but it is relevant to this particular story right so we don't know if it is or it isn't it could be but if we're talking about specifically just this tic tac story report i think the implications of it being one of our things are equally crazy right and i'm just gonna skip ahead a little bit because i think what are you gonna recoup What if it's elon. Musk is i mean. A b b. Before i jump into some of these theories and conspiracies and talk specifically about whether or not it could be one of our in some some of our own technology in i..
Bro History
"pentagon" Discussed on Bro History
"We'll have to make some type of new aircraft that will be able to combat these things because we don't know where they're from they could be from our adversaries like china and russia or you have stories such as a planet voter Tar we have firm inclusions that van. Plant fo- tar is. They have weapons of mass destruction Underneath their dictators palace i look. Here's the thing they they might not have directly so they like. Hey okay there's aliens and shit but they do make some assumptions about the types of explanations that they might land on if they do more research and it's actually kind of interesting to see where their head is at these reports. So here's one part If and when individual. Uap incidents are resolved. They will fall into one of five potential explanatory categories so they go onto describes him some categories all old paraphrase them so the first one is airborne clutter so they imagined that there are probably gonna say some number of these are going to be like birds or balloons. or or drones people's like dj phantoms fine around the sky or like airborne debris they they made a. They made a lot of like hoopla about plastic bags. Apparently and how they could muddle plastic bags back. Yeah okay. The second category is natural atmospheric phenomena So things like you know swamp gas ice crystals moisture thermal fluctuations if something if the temperature dips really hurting might be pretty. Sure that's the move and final fantasy right ice crystals that like spell while you know the russians are developing ice crystals lazaga. They're finding a way to make that cost less. Mp when they normally do so we're going to have to develop a shell. A fire spark fires shellfire aga. Okay there's another one so. Us government or indus- industry development programs. So obviously this is the this is the bits that will never hear about because there. It's going to be classified so we're talking about things like Classified programs by us. Entities like lockheed martin program or like a new plane or something random that we have that we can talk about they also said and i quote. We were unable to confirm however that these systems accounted for any of the ap reports collected so. I'm not sure if that reads as like we're unable to confirm or deny that these are that or if they literally could not confirm That any of them were ours on asher wishes true about that. Particular steam as written weird Last you here. There's four an adversary system. So this is the one that's gonna get a lot of people a lot of media attention especially like cnn sgarbi russia's like ufo's and we need to like kill russia before they kill us and then you know fox news is gonna be like china. China's got these weapons that are flying a louver or airspace and we need to be tough on china and biden's tough on china. They're i mean they're both pretty hawkish on now like i was watching a nice story. Podcast but sean sean. Hannity basically took rachel maddow script and read it on Under the the trump Putin summit like after they agreed to like haven't passengers go back to two disease like oh wow What's what capitulation it was..
Bro History
"pentagon" Discussed on Bro History
"Come on please By you know it's interesting. I feel like every single. I don't think it was true. Trump did this. But i know obama said he did this the first and i think clinton did it till it usually democrats who are more interested in for some reason It might be while we can just speculate with reasons are but obama said you know the first thing i did when i got to weiss i said hey where you keep the aliens right and i get a tour tour civilians and and they told him now. I didn't get anything about you. Know there are things on radar systems that we can't explain folks. I think clinton had same thing. I think clinton was real into it as well I think trump didn't give a shit every every It literally every president Since i think it was Every every president since Obama minimum has shown in an open interest but definitely also clinton and maybe george bush. I didn't. I didn't find any specific ones on on him. I asked him about the aliens but he was kind of a dumb ass. So you no no curiosity so how something. I've heard so i was listening to. I sent this podcast over to you. bye radio warner d-. Yeah and they did a podcast. Radio warner is a really good podcast That does the same type of subjects that we do Encourage you to listen to that one. But they did one on Ufo pentagon stuff like that and they were saying that There's kind of two classes in. This is kind of like an oversimplification of what they're saying but the more republican aligned generals Are people in. The pentagon are Less likely to care about this. Ufo stuff or or thinking about aliens because they were saying like rejection you know kind of undercuts. Maybe their religious views right things like that And then the more democrats are or the ones more aligned with the liberal democrat. Party are are more inclined to be interested in that stuff But guy who i know who's really instrumental in washington who's like a really big ufo nerd. Is john podesta. yup john. Podesta's is super big nerd when it comes like ufo stuff. I know he pushes really hard fort. I mean maybe he is. You know what. I mean certainly would believe it. If you're like a this is one of the lizard people from the i. Oh that well that kind of winds up with the whole pizza gate thing too. What i know. He had a like a an x. Files themed like fiftieth birthday. Really or exile anything birthday..
Bro History
"pentagon" Discussed on Bro History
"Yeah it makes sense I guess what i hear your other skeptics saying well you know. A lot of this is just isn't a lot of this This diese radars Signals intercepted or discovered by like the. Us navy has a A reason to put this information out there. Like hey like there's all this stuff that we we have no idea You know what it is like. Don't we need to get a budget to find out what this is and you know. Make something makes them a tool that can combat if it's a hostile object or well. I think you're you're on to your basic. You're basically picking up what what is about to be sets all skip ahead a little bit. So number six says ident- identification of potential aerospace or other threats by the Ua p t to national security and assessments of whether this unidentified phenomena activity may be attributed to one or more foreign adversaries. So there's that and then later on It says recommendations those last point their recommendations regarding increased collection data enhanced research and development. And as you pointed out additional funding and other resources so yeah you hit the nail on the head. there is basically. They're saying figure out if it's a threat figure out if it's you know russia let's put more money into it. You know Let's spend more money about it. Which is hilarious. You know so. I swear i i remember there were some i think. In the fifties and the sixties there was The cia was covering up. they were kind of making. I don't really know the story. So i'm paraphrasing and I might be getting this wrong but The cia was kinda letting this information. This ufo information. Get out there. Because they didn't want people to know about their own technology at the ray plane so they're like buildings glows declassified that we have these these these planes like the the sr seven one blackbird. Things like that. Yeah things like that so it will. Maybe they are aliens they are who knows. Yes like outlying the cover up some of the spy spying technology that we had totally totally totally. And this is actually the last sentence of the of the thing and i think. It's a total bummer. For people like me who are hoping to get like alien disclosure out of this. The last part of it says the literally lessons. This report shall be submitted in unclassified form. Woo but may include a classified annex. Sounds like fuck you know like They're basically going to tell us something but they're not gonna tell us everything and so. I think probably any of the bits that have to do with like you know maybe like some special technology that we have will be included in a classified annex That we won't see unless fingers crossed. Somebody leaks it..
Bro History
"pentagon" Discussed on Bro History
"Six months and so it basically said that the report had to include a quote detailed analysis of the unidentified aerial phenomenon data and intelligence that was collected by the officer the naval intelligence the fbi and the the unidentified aerial phenomena taskforce among many others so the letter is often called the the us task force a. Yeah so it's it's the ua pt the unidentified aerial phenomena task force and. That's the program that the department of defense created last summer to basically like set up. You know detection and eliza and cataloging of all these sightings and and reports To figure out if any of this poses a threat on it and they're not like a bunch of not a bunch of nutters who are nyc none at all your you know. They're not letting no we're talking about like we're talking about fire pilots. That like happened to notice something that looks off on the radar and then or like radar operator will see something crazy and they set up like structures on. How how do we report on it. What information do you have to give and like. Where does it go in like. How does it classified things like that. So it's not men in black. It's it's none of data collection and then the the other thing that you pointed this out you. Ap's so unidentified. Aerial phenomena is the new fancy term that the government is using to just basically described goes for the remainder of this podcast. I'm just gonna say you like better But but the important part about it is is that They changed the word. Object in ufo unidentified flying object to phenomenon Which basically allows them to lump in things like technical glitches of radar or like targeting systems. Where like strange weather. Shit you know alongside physical things like maybe secrets weapons technology or aliens you know. So they're able to you. A is a bit of a broader term right so more it allows for more things under its umbrella. I think that makes sense but that also sounds appropriate because lot of the It didn't they discover that a lot of the things that they think are Objects are just like weird weather patterns or no. Let's get to the report first before you make any assumptions..
Paranormal Analytical
"pentagon" Discussed on Paranormal Analytical
"And that kind of thing because this is something that's coming in that people have been waiting for and i think it's finally going to happen. Bill says your intro music by pink. Floyd nope actually thought it was at first. I night to fight with facebook for awhile on copyright stuff they. They realized that i was right. They were wrong. Magin that so yeah let me read some of the stuff and then we're going to jump into the ufo topic so the pentagon has six months to disclose what it knows about ufo's six months. Everybody so i guess they got to get their act together and figure out what lies are gonna feed us as far as not knowing anything but this came out january fourth twenty twenty one in on military dot com and As part of the newly passed covert nineteen relief legislation matching. It came out. Covert nineteen relief legislation this. Ufo thing comes out anyway. Lawmakers are demanding answers from us intelligence agencies and the defense department on the potential existence of ufo's and other unidentified aerial phenomena. We already know that they're there. I mean everybody does. I mean it's like no big surprise but it's gonna be interesting to see what they put out there and what they tell us they know about it The two point three trillion. I'm never bus. Appropriation legislation passed a last month includes the intelligence authorization. Act for facial. You're twenty twenty. One which provides more resources toward investigation gathering and strengthening open source intelligence collection among the agencies. According to a release from florida. Republican senator marco rubio who introduced the bill in june senate passed the legislation in july. Some of that information include or includes what the pentagon the federal bureau of investigation or the fbi and his counterparts know about an identified aerial phenomena. Also known as anomalous aerial vehicles. Now that's a new one on me. And i'm gonna aerial vehicles like ufo's lot easier to say Anomalous anomalous aerial vehicles. Yeah wow okay. Lawmakers expect to see the lawmakers expect to see a report on the collected. Ufo data one hundred and eighty days from the bill's passage according to the legislation. Let's see news website. Complex was the first report the details the report will be unclassified but will include a classified supplement. Oh boy so yeah so. So here's where they're still trying to hide shit of moore's so i'm sure a lot of it's going to be in the classified section Lawmakers are concerned that there is no unified comprehensive process within the federal government for collecting and analyzing intelligence on unidentified aerial phenomena despite the potential threat. Which is why a sweeping report on all relevant information regarding you. Ap's is essential according to the bills text lawmakers want information on any uap's that were found using geos battle. Jio's said how you say that you geospatial spaghetti or whatever. Intelligence signals intelligence human intelligence or measurement and signal intelligence regardless of which agency or service collected the data. The bill states basically. They're wanting all the intelligence from all over the. Ufo's don't have to be out of this world either. The legislation requires information on any technology china. Russia iran north korea and others may possess in this field including aerospace or other threats posed by the unidentified aerial phenomena to national security and to this estimate of whether this unidentified aerial phenomena activity may be attributed to one or more foreign adversaries. It adds now. Let me tell you something if this is the case and these. Ufo's that were filming. That are going hyper. Velocity out running our jets. An if this is the case this belongs to one of our One of our enemies out there. You know the. Us has really dropped the ball because we are way behind all these countries if that's the case and they have this stuff and we don't i mean come on. Let's see it says in april. The pentagon officially acknowledged three incident reports by navy f eighteen hornets of fighter pilots after years of speculation that pilots were encountering alien spacecraft during training missions. The defense department that month publish videos of the incidents of one taken in november two thousand four and the other and the other two in january two thousand fifteen which had been circulating in the public domain after an unauthorized release in two thousand and seven and twenty seventeen officials said in a statement after a thorough review. The department has determined that the authorized release of these unclassified videos does not reveal any sensitive capabilities or systems and does not infringe on any subsequent investigations of military airspace. Incursions by unidentified aerial phenomena pentagon spokeswoman sue gross said at the time the video confirmation came a few months after navy pilots. Got the word out that there had been an increase in ufo sightings sightings in recent years as a result the service issued new guidelines on how best to document sightings or encounters according to twenty nine thousand nine hundred report from politico. The new york times reported that two pilots at sightings and in one instance a near collision while flying training missions off the east coast between twenty fourteen in two thousand fifteen the last last august. Deputy defense secretary david norquist officially created the unidentified aerial phenomena task force. A navy led unit to hunt down any pertinent encounters service members may have had with aerial objects that pose a threat to national security. I think the pose a threat to national security. Honestly because we don't know what they are where they're from or what they're kansas. I mean that's the main thing the. Us government has looked into ufo's for years most notably between twenty two thousand seven and twenty twelve when the pentagon began its advanced aerospace threat. Identification program an effort companion by. Then senator harry reid. A democrat from nevada and a senate majority leader at the time the program was meant to pursue research and investigation into unidentified aerial phenomena. The defense department said motivated by defy events. Such as the two thousand and four tic tac incident which was documented and one of the navy's release videos and we talked about that one when i in that incident f eighteen pilots from the aircraft carrier. Nimitz you know in the nimitz has been involved in a ton of ufo. Type scenarios atone. They have operating off the coast of san diego Reported spotting a large tiktok shake shaped object that appear to be floating without the assistance of an engine or exhaust plume. So there you have it folks so within six months from when this bill passed they're supposed to be giving us the information we need and we've been looking for in that. We wanted for a very long time. Finally but as you can tell some of it is still going to be classified. Which means there's going to be a lot that we still don't know but at least they're starting to open up some gentlemen thoughts. We'll.
Paranormal Analytical
"pentagon" Discussed on Paranormal Analytical
"Ooh If you haven't heard about anchor it's the easiest way to make a podcast. Let me explain. First off it's free. There's creation tools that allow you to record. And edit your podcast right from your phone or computer anchor will distribute your podcast for you. So it can be heard on spotify apple podcasts. And many more you can make money from your podcast with no minimum listenership. It's everything you need to make a podcast in one place. It's how i started. So trust me when i say anchor is the way to go. If you're making a podcast. Download the free app or go to anchor dot. Fm to get started blow everybody and welcome to paranormal analytical..