40 Burst results for "President Joe Biden"
Bloomberg Radio New York - Recording Feed
Monitor Show 06:00 09-13-2023 06:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV batteries, environmental impact, behind sand, yeah, sand, you get context and context changes everything. Go to Bloomberg .com to get context. Your talks with a strike deadline now less than 48 hours away, plus an impeachment inquiry is official now against President Joe Biden. That is coming up in our 6 a .m. news. This hour two of Bloomberg Daybreak starts right now. And investors prepare for what could be the largest IPO listing of the year. The devastation from deadly floods in Libya, plus five former Memphis police officers face federal civil rights charges, the beating death of Tyree Nichols. I'm Michael Barr. More ahead. I'm John Stasch. Aaron Swartz. The Aaron Rodgers injury will sideline him for the season, another home run for baseball's leader. 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 119 and around the world on BloombergRadio .com and via the Bloomberg Business app. Good morning. I'm Nathan Hager. And I'm Karen Moscow. Now in U .S. stock index futures, our little change to lower this morning S &P and Dow futures little change.
News, Traffic and Weather
Fresh update on "president joe biden" discussed on News, Traffic and Weather
"Mid 50s and more showers on tuesday with highs tomorrow in the mid 60s right now in seattle rain and 58 news radio 1000 fm 977 your information station with mandy factor and brian calvert sponsored by apollo plumbing .com Frank lindsey at the editor's desk on this monday morning it's 5 46 president joe biden is said to join the union uh united auto workers picket line this week i'll travel to michigan tomorrow to stand in solidarity with the men and women uaw of as they fight for a fair share of the value they helped create he said it comes as a union recently expanded its strike to 20 states after no substantial progress was made with the big three automakers on a new contract members of congress returned to work tomorrow with no real plan to avoid a government shutdown that could come as soon as this weekend let's go to our northwest news news line abc news political analyst steve roberts is here and here we are with our annual discussion steve are they gonna get it done no i don't think they will i mean the house speaker kevin marcy he said of this rump group of republicans they want to burn the place down and that's the core of the problem if this was simply a debate about money if these these rebel republicans were serious about negotiating a budget deal you could see uh... but compromise uh... they don't come to washington to be legislators they come come to be performers they don't measure the success based on legislation passed they measure it based on how many times they're on fox news and so there's as mccarthy himself was saying saying this is a whole different way of approaching legislation and the and the job of being a member of congress and so when uh... the numbers gives them enormous leverage the republicans have a majority of only four seats at the moment and this very small group can dictate what happens and so in the end i don't think they're going to get uh... a bill this week i think there will be a government shutdown but i think eventually within the next couple of weeks it'll be settled with some sort of bipartisan measure which is exactly what happened earlier this summer when there was a very similar threat about the debt limit and government was in danger of not paying its bills uh... and it was a bipartisan bill that settled that problem i think that's what's going to happen again but it's going to take some time steve in in general though we always get to the last minute somebody comes in on a white horse saves the day we get a measure and the government goes on i guess why are you so convinced it's not going to happen that way this time uh... because uh... several factors the speaker of the house kevin mccarthy is so weak it took fifteen votes last January to even elect him he made so many concessions to this group of republican outliers uh... and his margin is only four to work with you get all of those factors uh... and uh... i just don't see resolution a coming anytime soon uh... you add to the fact that these things have threatened mccarthy saying if he even talks to democrats they're going to make a motion to improve his job as speaker so you're right in saying that in the past there have been last minute deals and I think somewhere down the line there will be a deal but not this week because the uh... the circumstances are that this very small group simply has too much leverage over a very weak speaker and when you're very weak it's very hard to get anything done steve thanks for sharing your thoughts this morning abc news political roberts
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-12-2023 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. That's six -tenths, one percent, and again, WTI crude oil up over two percent, $89 a barrel. Right now, sound on with Joe Matthew from the nation's capital, Washington, D .C. That starts right now. Bloomberg, sound on, politics, policy, and perspective from D .C.'s top names. Most people, including most Republicans in Congress, understand that we need to get aid to Ukraine. Who's going to take us in a rational way into the future and lead our country? This has really become kind of the new frontier in American politics, is this battle between red states and blue cities. Bloomberg, sound on with Joe Matthew on Bloomberg Radio. The impeachment inquiry is on. Welcome to the fastest show in politics, as Speaker Kevin McCarthy returns from his summer recess with a bombshell announcement, directing his committees to launch an impeachment inquiry into President Joe Biden because of what he calls a culture of corruption involving his son Hunter and the rest of the family, apparently. We're going to talk about this, the political implications of what it might mean for a possible government shutdown with Bloomberg government's Congress reporter Zach Cohen and Insights.
Bloomberg Daybreak
Fresh update on "president joe biden" discussed on Bloomberg Daybreak
"We've been hearing that areas regarding residuals minimum staffing revenue sharing when shows hit streaming as well as AI and data transparency have been hammered out As with all deals, union members have to vote and WGA member Al Septian says ratification should not be a problem. We know that our negotiating committee is not going to accept the deal that's subpar because The strike has been ongoing since early May. In California, I'm Ed Baxter, Bloomberg Radio. All right, Ed. Thanks, and we're also monitoring developments in the auto workers strike after the UAW expanded the work stoppage Friday. This morning, the two sides remained far apart on issues key and Bloomberg's Ed Corey joins us from Detroit with the latest. Those issues include pay benefits and job protections. In a Sunday television appearance, U .S. Transportation Secretary Pete Buttigieg says automakers can achieve a win win by sharing strong profits with workers. President Joe Biden travels to Michigan Tuesday to support striking UAW members. Meanwhile, union workers at Ford Canada have ratified a three -year deal that locks in substantial wage gains. In Detroit, Ed Corey, Bloomberg Radio. All right, Ed. Thank you. Now, staying in Michigan tomorrow, President Biden will make another pitch to residents of the state, his economic record. Bloomberg political reporter Mark Nichette says it's an issue on many consumers' minds because how the economy looks on paper is not necessarily matching up with what they are experiencing. He has a record to run on. He's passed significant legislation that is making investments in infrastructure and chips and other things in the economy. The numbers are getting better, but people are just aren't feeling it. Bloomberg's Mark Nichette says the challenge for President Biden is to convince Americans that the economy is strengthening as inflation drops. And Amy worked closely following developments on Capitol Hill with a potential government shutdown by the end of the week. House Speaker Kevin McCarthy has been trying to rally hardline members of his own party to pass a stopgap spending measure, but the speaker continues to face pushback. Florida Republican Congressman Matt Gaetz told Fox News over the weekend a shutdown may be needed for a few days to meet the demands of conservatives. Louisiana Representative and McCarthy ally Garrett Graves has a message for GOP holdouts. If you want to empower Senator Schumer, if you want to empower Joe Biden, then what you do is you let government shut down. You don't pursue a continued resolution. You don't pass the appropriations bills. You pass a federal solution. Republican Representative Garrett Graves says he wants to see a continuing resolution keeping the government open. The federal government's current funding is set to run out on Saturday. And the tech space is also in focus this morning, centering specifically on artificial intelligence. Amazon will invest up four to billion dollars into the AI startup Anthropic, a major player in the generative artificial intelligence space. Anthropic aims to make a safer kind of chatbot for tasks like searching, answering questions and coding. The AI company would move most of its software to Amazon Web Services data and use the cloud computing company's homegrown chips to train the models it uses to power chatbots and other applications. Bounded by open AI veterans, Anthropic has raised more than a billion dollars to date. Well, Amy, overseas this morning, we're also following developments in the banking industry. We spoke exclusively with UBS CEO Sergio Hermati, who is making his first trip to China since UBS took over Credit Squeeze. Hermati says he wants to reiterate the firm's commitment to clients in China. This is my first trip to Asia since taking on again my role at UBS and think I it's very important for me to reach out to all the Chinese stakeholders and reiterate our commitment to China while also updating them on the integration. UBS CEO Sergio Hermati also discussed the bank's effort to regain funds from its Credit Squeeze integration in an exclusive conversation with our John Liu in Beijing. You can hear the full conversation on the Bloomberg Talks podcast feed. Download all your high profile conversations wherever you get your podcasts. And some news this morning. Thanks may hold clues to the solar system landed in the Utah desert yesterday. Cosmo chemist Dr. Natalie Starkey says the findings will help scientists get a snapshot of what materials were present when first formed. We don't have any other samples that can tell us about those times. And the important thing is, is they're steam because they haven't been through atmospheric entry. They're going to be looked after in this capsule that's come back from the spacecraft and they're just the perfect samples that we could hope for. Cosmo chemist Dr. Natalie Starkey says he says the NASA mission has been more than a decade in the making and researchers plan to study the rocks and the use mission to inform future exploration. Malamy futures this morning are little changed to over and we're watching bond yields as well. The 10 year treasury is down 1530 seconds. The yield is at 4 % .49 and the yield on the two year 5 .12 % and straight ahead we have more global headlines plus a check of sports and this is Bloomberg. Thank you Karen.
Mike Gallagher Podcast
A highlight from Week in Review - Episode 21
"Welcome to The Mike Gallagher Show Week in Review podcast. I'm Eric Hansen. Mike's on vacation, so we had a couple of great guest hosts working this week. We begin with Kevin McCullough of AM 970 The Answer in New York. He discussed some of the new revelations about former Hunter Biden business partner Devin Archer and what he had to say about Joe Biden's involvement in his son's business. We now know that in the Barack Obama, Joe Biden administration, not only did Devin Archer and Hunter Biden business partners regularly converse with then Vice President Joe Biden. He says they never discuss business. He said he never talked about any of his business with the with the with his son. But we now know from Devin Archer's direct testimony that that was not true. But it appears there may have been other administration officials that were involved in the whole shakedown of Ukraine, get them on the board of Burisma so that they could have eighty thousand dollar a month jobs, not knowing the language, not knowing anything about an energy company. Because it's been revealed in documents that have just been brought to light that then Secretary of State John Kerry, I'm John Kerry, I may catch up. Well, no, my wife's family does. I'm John Kerry and I'm reporting for duty or something like you remember that at the convention is really weird. Secretary of State John Kerry and the Obama administration evidently met with and discussed with Devin Archer several of the items related to the Ukraine scenario, getting the prosecutor fired so that they wouldn't be putting political pressure on Burisma, getting getting permissions taken care of from the State Department so that all the whole thing would go smoother. So it's not just crazy Uncle Joe. It's also crazy Uncle John. And these two have yet to answer for any of it. You cannot sell access to American political appointees or elect or elect elected officials. That's that's but where are the prosecutions? Where's the where's the three a .m. SWAT detail bringing John Kerry in in his pajamas? The Hunter Biden scandal grows more troubling every day. Meanwhile, we've been hearing a lot of chatter in the media about a covid resurgence, but is it a real threat or is there an ulterior motive? I want to go back to the phones. Let's start with Chris calling from Rockwall, Texas. Hello, Chris. Hey, how's it going? Thank you so much for taking my phone call. You got it. I was just sitting there listening to you and I wanted to see what your thoughts were. We've had all these different variants or so -called variants. I don't even pay attention to any of them, but almost nobody knows what they're they're called anymore. It's crazy. They keep coming out with new ones. And so what are your thoughts on the economic implications? Because we've had all these variants and then no news, no news. And now all of a sudden we're here and they're setting lockdowns, masks, businesses are seemingly joining this force. And I find it ironic that it has everything to do with going into a presidential year. Oh, Chris, I don't I don't know. Wherever did you get that idea here on August the 28th? Just as we're just as we're revving up after the first presidential debate and headed towards the full primary cycle. Where could you ever get such a crazy idea? Chris from Rockwall, Texas. Thanks for the call.
WTOP 24 Hour News
Fresh update on "president joe biden" discussed on WTOP 24 Hour News
"News. Everything you need, every time you listen. The WTOP Producers Desk is wired by Local 26 where electrical contractors come to grow. Good morning, I'm Stephanie Gaines Bryant. Acacia James is our producer. The top stories we're following today, for you the Writers Guild of America and the Hollywood Studios say they've reached a tentative agreement. KCAL -TV reporter Lauren Posen has more. After 146 days on the picket lines, it's led to this deal. The Guild told its members an email is exceptional. Now, details haven't been released, but this agreement comes after five straight days of intense negotiations inside the headquarters of the Alliance of Motion Picture and Television Producers in Sherman Oaks, California. The three -year contract agreement must be approved by the Guild's board and members before the strike officially ends. Hollywood's actors remain on strike with no deal yet in the works. The Washington Post, ABC News nationwide poll out yesterday shows President Joe Biden trailing former President Donald Trump in a rematch of their 2020 20 contest. How is that? How is it that the president is trailing the former president even though the former president is charged with four crimes or in four criminal cases? Washington Post chief correspondent Dan Balz says In terms of the issues, we know that the economy is an important issue and that there are good things about the the economy right now, and there are not good things about the economy right now, and I think that people weigh this kind of the through lens the of their own financial wellbeing and this poll found that more people said they are not as economy. well When President Biden took office, as said, they are better off than when he took office. Respondents to the poll also expressed dissatisfaction over immigration and aid to crane. With House Republicans in turmoil, colleagues implore GOP He not holdouts to shut down the government. The deadline is next Saturday when the fiscal year ends. Some of House Speaker Kevin McCarthy's allies spent the weekend working on areas of government that are not opposed by conservatives. We have the Department of Defense, Homeland Security, Agriculture. We can truly reduce spending and address a lot of the fundamental problems that this administration is causing. President Biden, addressing the Congressional Black Caucus this weekend, says he had a deal with the House Speaker and that should end the problem. Small groups of extreme Republicans don't to want live up to the deal. So now everyone in America could be forced to pay the price. If the House and Senate can't agree on a government spending package, a shutdown will likely take effect October 1st, and many government services will be halted. Jackie Quinn, Washington. Archaeologists unearth the cemetery largest ever discovered in Gaza. It's a site that dates back some 2 ,000 years that archaeologists describe as the largest cemetery ever discovered in the world. Researchers came upon the site last year during the construction of an Egyptian -funded housing project in the northern Gaza Strip. Since then, crews have worked to excavate the site with the support of French experts. Gaza, a coastal enclave home to some 2 .3 million people, has a rich history stemming from its location on ancient trade routes but a number of factors including Israel's occupation, Hamas' 16 -year takeover the of territory and rapid urban growth have conspired to endanger many of the besieged strip's treasures. archaeological The skeletons discovered at the site will be sent out of Gaza for additional analysis. The remains are set to return to the Hamas -led Ministry of Antiquities and Tourism. For more UN videos visit www .un .org www A coal mine fire in China has killed 16 people. The fire happened at the site of Guizhou. China's coal mining industry has improved safety conditions for workers in years recent but fatal incidents still happen. China's the world's largest emitter of greenhouse gases and continues to depend heavily on coal for electricity. Now to Texas and the border. El Paso is at a breaking point with the influx of asylum seeking migrants. The number of migrants crossing the border into El Paso continues to rise. Deputy City Manager Mario D 'Agostino. Around 6 ,500 in custody, 2 ,000 apprehensions a day, another 2 thousand right now. It's foreseeable that we're going to see a large influx over the next few days. El Paso Mayor Oscar Leaser announced opening the of a new 400 bed shelter to help keep down the numbers of those sleeping on the streets. They're really full and that's it's why become an emergency for our community. Buses continue to take migrants from El Paso, five leaving headed New York, Chicago and Denver. Chris Fox for CBS News Austin. An Ethiopian runner has shattered the world record for the women's marathon. BBC sports reporter Alex Apstick has more on the Berlin Marathon. This was an astonishing run by the world's biggest competitors, Tigist are safer. The defending champion, who only began competing in the marathon in April last year, maintained a blistering pace from start to finish. She won in a remarkable 2 hours 11 minutes and 53 seconds obliterating the previous best by over 2 minutes. Safa dropped to her knees and raised her arms in celebration after crossing the A finish line. possible big breakthrough for people suffering from MS and the the women's marathon. The women's marathon is one of many diseases such as multiple sclerosis. It's called inverse vaccine was developed at the University of Chicago's Pritzker School of Molecular clients. Coming up, before you take out a mortgage make sure that you understand the different types of mortgage points. I'm Greg McBride and I'll tell you more coming up. from Friday September 29th to Sunday October 1st we're turning the National Mall into an international festival explore cultures from over 100 countries enjoy music and dance performances from over
The Financial Guys
A highlight from Freedom, Skepticism, and the Fight for Change
"But a lot of people don't have that, that ability. And that's what breaks my heart. These people continue to vote for the Joe Bidens of the world with the idea that yes, it will be better and I'll be able to work my way out of where I am. And it's actually going the other way. And welcome to another TFG podcast. I'm Mike Hayflick, along with my partner, Mike Speraza. Mike, how are you doing today? I am good. No complaints here. I can't elbow you. You're not, you're not like sitting right next to me. I can pretend I am, but it's not really working for me. We can figure it out. I don't know if you can see my arms over here, but we'll figure it out. Yeah, I see them. I see them. Yeah. Hey, so it's back. Not actually COVID, Mike, but mask mandates. Major movie studio Lionsgate reinstating the mask mandate. Effective immediately, Mike. It's serious. It's dangerous. Get those masks on. They will be required on certain floors in the Santa Monica offices until further notice. And, um, this is the official, uh, note here from let's see Summer McElroy, uh, is response the manager for Lionsgate slash stars. And, uh, she says employees must wear a medical grade face covering surgical mask, K on 95 or N 95. Geez. I forgot how much I, I hated those terms, Mike, until just now when indoors, except when alone in an office with the door closed, actively eating, actively drinking at their desk or workstation, or if they are the only individual present in a large open workspace. So there are some exceptions, Mike, but can you even imagine that they're thinking COVID COVID is back when a couple people, a couple people have, have gotten COVID again and have tested for COVID -19 amazing. Well, yeah, I'll tell you what's not actually back. It's COVID. Uh, COVID is not actually back. I know they're saying there's a new variance, Mike, that's the new thing, right? Whatever GB four, five, two, one dash four, whatever they're calling this new one. LGB, Q plus AI, 14, 17, and that we know isn't coming back, obviously. Um, you know, it's, this is another fear tactic gets to get people all juiced up. It's working, by the way. Um, you know, and Mike, what's coming in 2024? Hmm. What is happening in 2020? Oh, another election cycle. So we need to scare people and we need to get people worried about not going to the voting booth again. So we can do what we did in 2024. If it's not what we did in 2020, now in 2024, what we know is Mike, there's going to be a crisis. We just don't know what it is. Is it, is it more COVID? Is it going to be a climate change issue where we're afraid you can't walk in public or you're going to die. So they can't go wait in election lines. We don't know what it is. They're going to try COVID again. I'm interested to see how it works though, because I really will tell you, I don't think it's going to work the way they think it is. You know, obviously people like us aren't going to follow it just the way we did last time, but will they get all the people they scared last time based on vaccinations, Mike and booster schedules? I don't think it's going to work, but we'll see. Well, Hey, why not try it though? That's what they say. That's what they say. That's right. Yeah. Keep going. Double down, triple down, quadruple down. So, so the, there were several employees, Mike, testing positive for COVID -19. This was from Dr. Nicole Sapphire. She said, the reason you have an uptick in cases right now is not because you did something wrong. It's because for the last several years, we've seen an uptick in cases in the winter. And we also see one in the end of summer. This is just a normal cycle of this respiratory virus. Now to your point, Mike, I think this is just the normal cycle, the normal routine for liberals and Democrats. The normal cycle is to fear monger, make people anxious again, make them feel like they, they might peril from, from the COVID virus. So you, you've got to stay in and then eventually they're going to start saying, um, but don't worry, you'll be able to vote, but you're going to be able to do it by mailing in your ballots. You're going to be doing early voting, right? So to your point, this is just part of their playbook. And I swear in somebody's crazy laboratory, political laboratory on a whiteboard, this is there, I'm sure for mid to late August scare up people in, on COVID again, scare them up. And then are we going to hear about more boosters, Mike, do you think? Well, it'll be interesting to see what they do. Here's my thing. And I believe this, I think this could be a good thing for Republicans to be honest with you, Mike, because if you do this again and you, you fight this fight, like the way they did the last time, you actually may move more voters to Donald Trump, Ron DeSantis, Vivek Ramaswamy, whoever the candidate is, because people are just not going to do it. And I'm going to tell you right now, they think they're going to start to push this stuff in September, October, when kids are back to school and they're going to say the kids need to come back and mask. We need to put up the penalty boxes again. Um, it's going to cause mayhem. I thank God, Mike, I don't have a kid in school yet. Obviously both your girls are way out of school now, so you don't have to worry about that. But a lot of parents are going to have to worry about, I'll tell you if my kid was in school, I'd be ripping them out in homeschooling them so fast. I would make it work whatever my wife and I had to do. My child is not going to school and face diapers. My child is not getting boosted and vaccinated. It's not happening. Um, we'll see what happens though. I mean, again, do I think people are going to get scared and go boost up? I'm sure they will. The same way that all these people think that Donald Trump, you know, created an insurrection on January 6th, anything they hear from CNN or MSNBC, they'll run with and you know, some people, but I think a lot of the middle voters are going to say, wait a minute, I'm not dealing with this bullshit again. No way. So to use some of their terminology, do you think that literally the conservatives, the more moderate thinkers, the common sense thinkers, those that actually look at facts and evidence, do you think this is going to trigger, uh, their microaggressions, which I would say, if you tell them that they can't go out again, if you tell them that they need masks, that they must get vaccines, these are macroaggressions. These are aggressions far, far worse than not calling someone by the right pronoun. And, and do you, you think that this could really sway the more moderate thinker, maybe even the moderate Democrats and hopefully a whole bunch of independence? Yeah, I do. I think it's the same thing that we're seeing with the four indictments on Donald Trump. I think a lot of people in the middle that don't actually like Trump by the way are kind of like, wait a minute, this isn't adding up anymore. We're going after this guy on crimes that for the most part, Mike, they really have no evidence of, they just keep saying he does these things, but when called to bring evidence, they really haven't been able to. I mean, some of the crimes in New York with Alvin Bragg, you look at them and you're like, well, many people have made payments to people or, you know, many people have used different accounts and you know, you look at the one in Georgia, they're going after Mark Meadows for making a phone call to an attorney in Pennsylvania. What is the crime for that? Right. I think that's the same type of thing that we're seeing here with COVID where people are going to say, okay, enough is enough. I don't maybe love Trump as a man. I don't love Trump for who he is. However, I need to vote for someone that actually cares about me and that's not going to make my family and myself go through hell. And I do think there's fear out there too, Mike, with the indictment thing. I know I'm going back to that, but at some point, you know, it's kind of nerve wracking, isn't it? When are they coming after me? When are they coming after Mike Hayflick or Lomas or Wiggle or the financial guys as a whole? When you do these things that they've done, it begins to make you wonder again, not a conspiracy theory guy, but man, it's kind of scary what's going on right now. And if you don't see that, you're either blinded or you have a serious, serious form of Trump derangement syndrome, which I've said this on the record, Mike, and I'll let you get back in. Trump derangement syndrome has impacted and affected more infected, more people than COVID ever did. I can assure you that. Mm hmm. Yeah. You wonder, um, we'll, we'll talk a little bit more about Trump a bit later. Um, and then I want to talk to, uh, to you about our president, our president Biden, who, who, who visited Maui recently, just, just to wrap this though, many mainstream media outlets have actually been running a lot of, uh, of, of their programming on again, masking. So MSNBC, they ran a segment on kids masking to prevent the spread of the virus at the beginning of the new school year. Of course, PBS had one about wearing masks in crowded areas to prevent the spread. CBS mornings warned about the summer COVID spike that may happen due to people letting their guard down, Mike, they're letting their guard down. They're not, they're not behaving as they're supposed to. They're not, they're not, they're not programmed well enough yet, Mike, to know that they should have just been putting masks on Mike because the end of the summer was nearing. So, um, but we got to move on. It's making me, one thing I want to vomit. Let me say one more thing on that. This is, this is yet another thing that they're going to say as an Alex Jones conspiracy theory, because he was the one that came out and said, this is coming. Uh, it'll be another truth. Just like the Babylon B is now the, the full source of actual truth. Every time they joke about something, it happens. Um, Alex Jones has been called a conspiracy theorist for years now, some things he's been wrong and I will say that, but this is another one to say, Oh, they're not going to do that. Don't worry. They're not coming down with COVID mandates again. Oh, but they are. And there's evidence of it too. Target has gone to, you can pick stuff up now. They're creating pickup lines again. You have stuff talking about voting and elections again. I mean, it's, it's coming and I'm waiting for it, Mike. I'll tell you what's going to piss me off is when they do it with sports games again. Oh, you're not fully boosted yet. You don't have a mask on. Yes. Or you can't come into the bills or savers games. That will be the end of it for me. I think if they go to that, that, that extreme. I think you're right. I think when you start messing with people's sports and their inclination to want to go and get together and have some fun at a sports event, you really are. You really are needle in people at that point. Um, all right, let's talk about our president, Joe Biden. He finally makes it over to Maui to check out the conditions there. And, and this is what he does, Mike and his, I mean, literally moderate to maybe severe dementia state that he's in. he uses a minor fire at his house to claim he knows what it's like to lose a home while visiting Maui. So this is essentially what he said. I don't want to compare difficulties, but you know, he's going to as soon as he says that right, Mike. Um, but we have a little sense Jill and I have what it was like to lose a home years ago. Now, 15 years, I was in Washington doing meet the press, like to actually look this up by the way, and do some fact checking on this because you know, many of the things he said never, never proved to be true. He says, um, lightning struck at home on a little lake outside the home, not a lake, a big pond. It hit the wire and came up underneath our home into the air conditioning ducts. To make a long story short, I almost lost my wife, my Corvette 67 and my cat. So this isn't the first time he's recalled this Mike. He, uh, he, this happened in 2021. He said that his house burned down and, uh, you know, here, here he goes, you know, this is what I think people who are ill do. Um, this, this actually says it started a small fire that was contained to the kitchen. So this was not almost losing his wife and his Corvette and his cat, Mike, by the way. So a little bit of extra, what we call that hyperbole, exaggeration, um, just telling a damn right lie. So, so he is so out of touch. There's another, another thing I want to mention then about his visit there, but he is so out of touch that even in the worst of tragedies, literally standing on charred ground, looking at probably miles worth of, of nothing, it's got to look like a war zone in Maui. And he can only think of himself, Mike. Well, first thing is Joe was your house fire. Was that climate change too? Or was that just a faulty wire? That would be my first question. Number two, Mike. Yeah. I mean, look at, this is politics. One -on -one you try and reason with voters. You try and reason with people, you know, in ways that you can, just like he does with the, the Bo Biden stuff. But there's a point in time where it's not, it's just not comparable. Right. And you have to see that moment that have a brain in your head. And I don't think he has it personally. Um, this as, you know, as like you said, there's charred remains, thousands of people still missing, by the way, your, your pitch is, Hey, I almost lost my cat. I don't care about your kid that might be under the rub. In my Corvette. Your cat, your Corvette, the same Corvette that Hunter was putting the documents in and bringing hookers to same Corvette. I'm not sure. But the, the, the thing like, again, at the end of the day, these people don't know where their loved ones are and you're making comments about a small house fire that was probably from an oven that you left bread in. And you're talking to people like, Hey yo, your kid's underneath the rubble. Don't worry about it. I lost my cat in my Corvette. I mean, I know how it feels. No, you don't Joe. And that's not how you talk to people that are going through the single worst thing in their life, especially ones that lost loved ones. You know, the ones that lost their house, Mike, that obviously stinks. And you know, I deal with a home insurance that's terrible, but it's when you don't know where your loved ones are, or you don't know where your family is or your friends are because in children are right. That's, that's the stuff that to me that like, come on, Joe, man, don't, don't, don't patronize people like that and don't make people feel like crap. And then tell a story about you and your family. It's unbelievable. Yeah. It never ends. Here's a, another, another thought that he had as he, as he was walking around Maui, he basically says, you know, he he's walking amongst these people and he shaking hands with officials, of course, probably not even sure where he is at that point. Um, he stops in front of a search and rescue dog. And while petting the dog, he joked the boots, the canine was wearing. He says, you guys catch the boots here. He smiled and said, that's some hot ground, man. So here he goes with his man comments, again, just with no common sense, whatever, no compassion at all joking that the dog's got to wear boots because the ground is so hot. I mean, I just like, this just makes me wonder who still supports this man. This man is ill. This man should not be, he should not be leaving his home anymore. I don't think he could leave his home unattended and not get lost or maybe die in a tragedy himself. And who on earth is still support in this man? Well, he's, he's the guy that you're, you know, your parent, let's say that you're afraid to leave at home, or they're going to leave the stove on and burn the house down. And I'm not trying to make a, a fire comparison. That is not, that is not, I totally agree. I'm being serious, right? I mean, this is the type of guy we're talking about here. We've all had that in our family, grandparents, parents, you know, maybe even children that are, that are handicapped or something, right? I mean, we, we have these fears and they're legitimate, right? And for a guy that can barely talk in public, you do worry, is he forgetting things that, you know, whatever it may be. Um, I'll say this to him. I don't know if you saw the video. It's came out today and it's been circulating today of him at some kind of, uh, event in Maui and he's falling asleep. Did you see that? He's falling asleep. No, I thought you were going to, I thought you were going to say the one where he was doing the press conference and the guy offered him a glass of water and he kind of looked like he didn't even know what that meant and he wandered off to his left. But no, I didn't even hear about this next one. I don't think we can possibly keep up, Mike. We can't possibly keep up. And to our point, Mike, you know, we make jokes and we smirk sometimes we talk about this guy, but, but it's really not funny. And it really is a problem that we have that as our leader, again, dealing with, uh, president G in China, dealing with Putin in Russia, um, even dealing with Zelensky in Ukraine, like this is not the guy you want doing that. And again, what scares me is and not to make light of it, but you wouldn't trust this guy dog sitting for you, let alone running the country. Right. And again, to my point, how many like you you've had family, I've had family that you, you fear for their safety. If you're not around, right. That is this guy through and through. It's scary.
Bloomberg Daybreak Asia
Fresh update on "president joe biden" discussed on Bloomberg Daybreak Asia
"Flat. We'll take a closer look at all the price action right after we update a few of the hour's top business stories. Paul? The union representing Ford factory workers in Canada has secured double -digit wage increases and improved pensions and a labor agreement with the maker. Last Friday in the US the United Auto Workers got key concessions from Ford and said spare it would the company more pain at US factories. However the UAW is expanding its strike against rivals GM and Stellantis. Today Transportation Secretary Pete Buttigieg says as both the UAW and Detroit's big three automakers can both emerge as winners. Here is Buttigieg speaking on ABC's This Week. We stand with the UAW's determination to make sure that auto workers benefit from the next chapter in the auto industry. As the president has said when you have record profits in the auto industry there ought to be record pay and record benefits for the workers who create that value. Secretary Buttigieg there on ABC's This Week heard here on Bloomberg Radio. The union maintains the companies can afford to meet its demands for raises much as 40 percent. President Joe Biden will travel to Michigan on Tuesday to support striking UAW members. Well, we've got breaking news when it comes to the other big labor story, this being the writers' strike. Hollywood studios and screenwriters have reportedly come to an agreement. ABC News says the sides are haggling over language in this contract renewal, so NBC News saying this strike could end at any moment. Earlier, we were told the studios agreed to certain staffing says the number of writers will now increase with the number of episodes in a season. At the same time, the two sides created a structure for writers to receive bonuses for popular shows on streaming services. Now, the Hollywood studios and the screenwriters have met for now five consecutive days with an aim of resolving a strike that began in the beginning of May. Paul? Apple will reportedly scale up its India production by more than fivefold over next the five years. It surpassed $7 billion of production in the country in the last financial year and is now aiming for $40 billion, according to the Press Trust of India, citing government officials. The report said Apple also has plans to start making AirPods in India next year and that's after shifting its iPhone 15 production to the country. Meanwhile, India is looking to expand its overall electronics industry to $300 billion by 2026 and that's on the back of increased smartphone production and a global push to de -risk China supply chains. Let's get to global news next and we begin in China where the government is tightening procedures on with whom military personnel can associate. Ed Baxter has more from the Bloomberg Newsroom. Ready? Yeah, that's exactly right, Doug. China's appeal is urging Chinese military personnel to be careful about with whom they associate saying socializing with the wrong people as a key reason leaders have been removed from their positions, saying cadres should buy their social circle. New presidential performance poll released today paints a very dire approval picture for Joe Biden. Overall, people polled are blaming President Biden for the country's economic ills. ABC Washington Post poll shows 30 % of those polled approve of the president's performance on the economy. 64 % disapprove. Bloomberg's Mark Nikatz has an interesting perception. Here's what's next! Just to try and tell people that, what's
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 08-11-2023 13:00
"Doing something and that wasn't widely known. And then it's also unseemly. So I don't I don't know that that's really going to have any blowback on Jared Kushner scandals. All right, Ryan, thanks so much for joining us. Really appreciate you on this. What's now turned out to be an incredibly, incredibly busy August Friday as this breaking news comes out that there has been a special counsel appointed to the Hunter Biden probe for Simone Foxman. I'm Matt Miller. This is Bloomberg Sound on with Jack Fitzpatrick starts now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Now, from our nation's capital, this is Bloomberg Sound on. Former President Trump has a protected constitutional right to make statements, even if the statements are knowingly false. Israel is a democracy. A third of the country has been protesting these judicial reforms. Bloomberg Sound on politics, policy and perspective from D .C.'s top names. China may be less of a desirable investment target because of their own economic issues. I would hope that both the Senate and the House can get a plan in place and avoid any kind of a government shutdown. Bloomberg Sound on with Joe Matthew on Bloomberg Radio. You just heard it. The attorney general, Merrick Garland, announcing that he's appointing David Weiss to be a special counsel to investigate Hunter Biden, the son of President Joe Biden, over his taxes and that gun charge. We will get all the latest, including very shortly from Eric Larson, Bloomberg's legal reporter, on what exactly that means and what comes next. But of course, first, we've got to get our market report with Denise Pellegrini. And we do check the markets for you all day long at Bloomberg. It is one o 'clock, one on one on Wall Street.
Bloomberg Daybreak Asia
Fresh update on "president joe biden" discussed on Bloomberg Daybreak Asia
"Standing path leaving its monetary settings unchanged and on top of that offering Clear no sign about when things may shift using the WEI function on the Bloomberg terminal. You can You see we've got positivity in the Tokyo session in information technology and communication services Weakness though in energy and financial shares in Seoul the KOSPI down two tenths of one percent and In Sydney with that staggered open a little bit of weakness for the ASX 200 we're down about a tenth of one percent US Treasury yields drifted lower. We're steady now with a ten -year at four point four four percent and a two your -year treasury at five point one zero percent the dollar right now steady against the majors in the offshore an easy one steady as well at seven spot to nine eighty against the greenback will take another look at market action for in about fifteen minutes Paul. Well the union representing Ford factory workers in Canada has secure double -digit wage increases and improved pensions and labor agreement with the automaker Last Friday in the US the United Auto Workers got key concessions from Ford and said it would spare the company more pain at US factories however the UAW is expanding its strike against rivals GM and Stellantis. Transportation Secretary Pete Buttigieg says both the UAW and its big three automakers can both emerge as winners in the dispute. Here is Buttigieg speaking on ABC's companies this week If a whole new way of making cars is going to be the way of the world and the way of automotive the sector then workers ought to be able to benefit from that and thrive on that just like the last generations of workers did and there is a win -win future to be had. As Secretary Buttigieg pitch on ABC's This Week heard here on Bloomberg Radio. Now the union maintains the companies can afford to meet its demands for raises of as much as 40%. President Joe Biden will travel to Michigan on Tuesday to support striking UAW members. The other big story where labor is concerned is in Hollywood where studio executives and screenwriters seem to be close to resolving a dispute over a contract renewal. The two sides met on Sunday after failing to reach a deal on Saturday and we are told the studios have agreed to certain staffing levels of writers on TV shows. Now the number of writers will increase a with number of episodes in a season. At the same time, the two sides have created a structure for writers to receive bonuses for popular shows on streaming services. However, still no agreement when it to comes the use of artificial intelligence in screenplay writing. You know, these two sides have met now for five consecutive days in the hope of resolving a strike that began at the beginning of May. Paul? The EU's top trade negotiator says the European Union has a very imbalanced trade relationship with China. However, European Commissioner for Trade Valdis Dombrovskis says the bloc is not looking to disengage with China. He spoke on Saturday at the Bond Summit in Shanghai. Broadening access to China's market for foreign companies and maintaining a stable business environment is necessary to ensure fair and mutually beneficial trade relationships. Our long -term interest is to embrace reforms and stay open to international cooperation. Here we see China as an important partner. That's European Commissioner for Trade Valdis Dombrovskis. He's currently in China for a three -day trip. He's expected to meet with Chinese Premier He Leifang in Beijing later on today. And this is the EU's trying to strike a new balance in its strategy towards China, seeking to de -risk and to reduce its dependency on the Asian nation. We go to Apple next. The company will reportedly scale up its production in India by more than five -fold over the next five years. Here's the story from Bloomberg's Joanne Wong. Apple surpassed $7 billion of production in the country in the last financial year. It's now aiming for 40 billion, according to the Press of Trust India, citing government officials. The report said Apple also has plans to start making air pots in India next year. That's after shifting its iPhone 15 production to the country. Meanwhile, India is also looking to expand its overall electronics industry to $300 billion by 2026. That's on the back of increased smartphone production and a global push to derisk China's supply chains. In Hong China, Joanne Wong, Bloomberg Radio. Chinese developer Evergrande says it's unable to meet its expectations to issue new notes. Bloomberg's Bonnie R. has more from Hong Kong. The qualifications are under a proposed restructuring of its offshore debts. Evergrande made the comment in a filing to the Hong Kong Stock Exchange. news The comes after Evergrande cancelled key creditor meetings set for today and tomorrow. It said sales have not been as expected and that it must reassess its proposed restructuring. Evergrande is under pressure to finalise a blueprint for its offshore debt restructuring. It is grappling with an even bigger pile of total liabilities, amounting to $327 billion. It also faces a possible winding -up petition at a Hong Kong court hearing on October 30 that could potentially force Evergrande into liquidation. In Hong Kong, I'm Bonnie L. Bloomberg Radio. Global News is next. And we begin with a new presidential performance poll released today. It paints a very dire approval picture for Joe Biden. Ed has more from the Bloomberg Newsroom. Ed, these figures are pretty stark, Doug. ABC Washington Post poll shows 30 % of those polled approve of the president's performance on the economy, 64 % disapprove Bloomberg's Mark Nakats says an interesting perception dichotomy. There's It's kind of kind a disconnect between the progress the Fed in particular feels it's making on of a bit follows and what consumers are experiencing on the ground. They're still seeing the price for eggs and gasoline and utilities in particular going up and they're just not seeing the moderation in the data in their daily lives. But Transportation Secretary Pete Buttigieg on ABC has heard here on Bloomberg says the administration's record is good. More than 13 million jobs created that's more than any presidential term in American history and yes it takes a while for people to feel the full benefits of those results just like it's going to take a while to build all of the infrastructure that we're now underway on. Now another poll released by NBC lot of southern border getting a lot of attention as well today. Border Patrol Officer Jason Owens on ABC says law enforcement is almost an impossible job at the border now. We see a lot of a lot of folks say just push people back just don't let them cross or send them back immediately. The U .S. Border Patrol is a law enforcement agency. We enforce the laws that are on the books. We don't have the right nor should we of denying somebody due process once they are on American soil. Now in the ABC polling that I mentioned to you President Biden is blamed for making immigration, migration worse as well. China's PLA is urging Chinese military personnel to be careful about whom they associate with whom saying socializing with the wrong people is the key reason some leaders have been removed from their position saying cadres should by their social circle. Yonhap reporting Russian Foreign Minister Sergei Lavrov will visit North Korea next month, and oh well Usher has posted today that he will be the halftime entertainment at this season's Super Bowl. Join in guys. Yeah Usher you asked several months ago and now you have it. In San Francisco, I'm Ed Baxter. This is Bloomberg. Ed, thank you. Let's get to China And take a look at what's going on with China Evergrande Group. The company apparently will not be able to issue new notes under a proposed restructuring of its onshore debt a regulatory filing indicating that Evergrande failed to meet qualifications for new issuance due to an investigation of the one of company's subsidiaries. Let's bring in Bloomberg's John Liu. He is our executive editor in Beijing. We keep talking about the story. It seems that it's happening in these small incremental steps. Are we moving closer and closer to an outright bankruptcy, do you think, John? I think that the developments from over the weekend at the end of last week would raise the risk of a liquidation, yes. Yeah, we're going to have a hearing at the end of October. A winding up petition is going to get heard. So what are the chances that that's successful and we see that liquidation?
Bloomberg Radio New York - Recording Feed
Monitor Show 12:00 08-11-2023 12:00
"Very interesting story. I recommend people check out that story on the Bloomberg Terminal or on Bloomberg .com. When we come back, we're going to talk about a couple of really important cage matches. Cage matches? One possibly real between Elon Musk and Mark Zuckerberg. One just in my head between President Joe Biden and President Xi Jinping in China. It's going to be a very interesting story with our Bloomberg opinion writer. More markets up next. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. This is Bloomberg Markets with Paul Sweeney and Matt Miller. We got a lot of green on the screen here, but the volume is light. We constantly underestimate the strength of the U .S. consumer. This is a market that's much more optimistic or bullish than maybe central bankers are. Breaking market news and insight from Bloomberg experts. There's still some concern out there in the market that there is room for things to deteriorate a little bit more than what they're indicating. As small and medium -sized businesses struggle, they don't present as much competition. The supply chain has still got dislocations globally and here in the U .S. This is Bloomberg Markets with Paul Sweeney and Matt Miller on Bloomberg Radio. Matt Miller here in the Interactive Brokers Studio with Simone Foxman. Paul Sweeney is off today on a well -deserved tea day. That's what we call it when you take off. On assignment, figuring out work -life balance. Exactly. Just swimming through his pool of municipal bonds. We have a lot coming up, though, on the program. I'm very excited to get Howard Chua -Yuan with us. He's an international editor with Bloomberg Opinion to talk about the comments that President Biden made about the Communist Party at Xi Jinping, about China. Some of them, I think, pretty inflammatory, it's safe to say. Almost Trumpian.
Mark Levin
Townhall: The Biden Family Bank Statements Have Landed
"The committee says Hunter Biden sold him as the brand to read millions from oligarchs in Kazakhstan Russia and Ukraine appears no real services were provided other than access to the Biden network including Vice President Biden himself and Hunter Biden seems to have delivered this is made clear by kneels at Cafe Milano in Washington where then Vice President Joe Biden dined with oligarchs from around the world who had sent money to his son it's clear Joe Biden knew about his son's business dealings and allowed himself to be the brand sold to enrich the Biden family while he was Vice President of the United States the House Oversight Committee says Comer will continue to follow the money trail and obtain witness testimony to determine whether foreign actors targeted the Bidens President Biden is compromised or corrupt and our national security is threatened by the way this Sunday we're going to have in addition my of opening statement Alan Dershowitz for two segments where he'll be free to talk at some length and Miranda Devine for two segments who will also be free to talk at some length not line a conga of guests not interruption I don't I don't I don't go that way corner their memo released by Comer the Biden family received over $20 million in foreign transactions the payments were distributed to multiple members payments were hidden as you know through shell companies and funneled through 100 Biden's business including Devin Archer, Archer and Biden earned $6 .5 million dollars from Burisma alone and by the way they got their money's
The Dan Bongino Show
Kash Patel: Media Needs to Review Suspicious Café Milano Dinner
"The stuff the audience needs Understand that this Biden scandal there is absolutely zero chance Obama did not know about this alleged 10 million dollar bribe there's zero chance this IMF loan given to Ukraine after they fired this prosecutor looking into Hunter Biden's companies you know misdoings over there Obama had to know about that his Jen Psaki who was at State as a spokeswoman at the time was asked about it Jay Carney the Obama White House press spokesperson was asked about Hunter Biden's role of Burisma they all knew this happened with his imprimatur yeah can I just contextualize that for you remember the whole Trump Power meeting meeting it was supposed to be the epicenter of evil Don Jr. and company meeting with Russians and foreign assets to collude with Russia and I interrogated everyone in that meeting under oath during the Russia investigation they all said oh yeah we're here talking about Russian adoption that's it there was no collusion now fast forward to the actually you have to rewind it's a little weird right this happened before then the cafe Milano meeting in 2015 when Barack Obama was president Joe Biden was vice president Hunter Biden and Archer Biden and Daddy VP Joe Biden have dinner at cafe Milano with the who the mayor the wife of the mayor of Moscow a week before she had sent barista five million dollars from Russia so that Hunter Biden and barista and Devin Archer and company could benefit from that swindling campaign how about we target the cafe Milano incident as the real epicenter of what happened in the Obama administration signed off by VP Joe Biden you're absolutely right you tell me Barack Obama didn't know that funding was coming in when his VP was flying to the Ukraine the next week to get the funding approved and the prosecutor Ukrainian fired only to get one billion dollars that only Barack Obama could approve sent to the crane it's not a coincidence
DerrickTalk
A highlight from "Donald Trump Pleads Not Guilty On Federal Charges Stemming From Capitol Insurrection On Jan 6"
"Spotify for Podcasters makes it easy to become a podcaster. From your very own phone or PC, you can record and edit your podcasts, then distribute that masterpiece to sites like Spotify, Apple Podcasts, iHeartRadio, and more. Your voice, your vision, your stance. Spotify simplifies it all, free and no catch. You heard me right. Spotify has allowed me the flexibility to share my unique perspective and allow fans to interact with the Q &A polls. Download Spotify for Podcasters right now. Anybody who watched the insurrection of the Capitol, you know that that was very serious. That was nothing light, and I think we're all in agreement that Donald Trump should face some accountability for that. Very catastrophic. Many of those officers that were trying to defend Speaker Pelosi's offices and to make sure that the Capitol remained safe, they were injured. Those guys got hurt, and I just think that if Donald Trump beats this and he is not prosecuted for this, then I think he is actually above the law. Now, let's just be clear. Three officers who defended the Capitol on January the 6th attended Donald Trump's arraignment today. D .C. Metropolitan Police Officer Daniel Hodges, former Capitol Police Officer Aquilino Gonzalez, Gunnell and Capitol Police Officer Harry Dunn, they all watched the former president's arraignment from an overflow room. Gunnell told NBC News that he hopes former VP Mike Pence has the cojones to speak up. I don't think that'll happen. Now all these officers were in agreement that Trump's entire strategy during this arraignment was to delay, delay, delay. The former president's valet, a guy by the name of Walt Nauta, who was charged as a co -defendant in the Florida classified documents case, was by Trump's side today in D .C. Nauta was spotted holding an umbrella for his boss as the former POTUS departed Ronald Reagan Washington National Airport after his arraignment. The former president pled not guilty on Thursday to federal charges, accusing him of orchestrating a criminal conspiracy to try to derail the transfer of power after the 2020 election. During this intense 27 -minute proceeding, Donald Trump was seated just 20 feet away from special counsel Jack Smith, the man who is attempting to convict him in two federal trials that could result in lengthy prison sentences for the former president. This case should move quickly, but not many specifics as to when Trump will actually stand in trial. John Laurel, an attorney for Mr. Trump, said Trump's legal team might need a long time to actually look over this case, the evidence that prosecutors have against Mr. Trump. Now Donald Trump faces felony charges stemming from basically a months -long bid to seize a second term despite losing the 2020 election to President Joe Biden. Trump is being accused of a plot to spread misinformation about the election and pressure state officials to undo the results in states where Joe Biden won. Also he's being accused of undermining the electoral college and ultimately trying to So you know Trump's team is saying that they need time to go through the evidence that prosecutors are required to hand over to the defense. Now a magistrate judge did say that he can guarantee everybody there will be a fair process and fair trial in this case, which I think that's great. He's due a fair trial, he is still a citizen of the United States, but I watched the insurrection of the Capitol. I watched those Proud Boys basically tear into those offices and overthrow the security personnel and just have no regard for decency and humanity, man. They just got in there and just basically furthered their agenda to try to protest Trump losing the election. And I think Donald Trump needs to be prosecuted, but we are talking about Donald Trump. I doubt anything serious comes out of this. I guess we would just have to, you know, wait and see. You guys have been locked into another edition of Convo of Cigars. I'm your host, Derrick Andre Flemming. Happy Thursday.
Thinking Crypto News & Interviews
A highlight from JOE BIDEN BULLISH ON BITCOIN?? COINBASE SEC LAWSUIT DISMISSAL, FIRE GARY GENSLER + COREUM
"Welcome back to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. This content is brought to you by Uphold, which makes crypto investing easy. I've been a user of Uphold since 2017, they have 10 plus million users, 250 plus cryptocurrencies, and they're available in 150 countries. You can also trade precious metals and equities on this platform. If you'd like to learn more about Uphold, please visit the link in the description. Well, folks, I want to start off with President Joe Biden, who appeared to signal that he was bullish on Bitcoin today and had the entire crypto Twitter community very interested in what is happening here. But let me give you the rundown. He posted a video of him drinking a cup of coffee and on the mug that he was drinking the coffee from, it had his face with laser eyes and it said 2024. So of course, we all know that laser eyes means was part of the crypto bull market and bull run of 2020 and 2021, where people were bullish on the market. A lot of Bitcoiners had the laser eyes up. So immediately the crypto community was like, wait a minute, what's happening here? Is old Joe promoting Bitcoin? Is he long Bitcoin? But that's not the case. In fact, he's promoting his dark Brandon meme. And for those of you who hate Joe Biden, please, I'm just reporting the news. So I know people with politics get very emotional and triggered. So I'm not here to support Biden or whatever. That's not the point of this reporting, but rather what the crypto community was perceiving to to be happening around what he posted. So to put it to bed, guys, this has nothing to do with Bitcoin. This has to do with some dark Brandon meme or something like that. And I personally don't care about that. But yeah, you know, it was when I first saw it, I was like, wait, what is this guy long Bitcoin or something? Because once again, that meme was primarily used for the crypto community. But that's not the case. Now, let's move ahead Coinbase to file orders seeking dismissal of the SEC lawsuit. Paul Rawal said Coinbase will seek to dismiss the SEC suit on August 4th, which will argue that it never sold securities as the regulator alleged. Now, we all know Coinbase is suing the SEC and the SEC is suing Coinbase. Now, the fact that the SEC sued Coinbase first is ridiculous because the SEC approved Coinbase to go public, knowing their business model, knowing they were selling different tokens, had staking and much more. Now it's turning around saying, oh, all those things are illegal, right? It's just asinine. But as I've been saying, we're dealing with a corrupt scumbag regulator by the name of Gary Gensler. He is doing whatever he can because he's a puppet on strings and he's doing the bidding of the Wall Street TradFi companies. He's trying to kill these crypto startups, not kill crypto, kill the startups so that his friends, BlackRock and all these folks can come in and take over. And I think we see that, right? BlackRock and all these guys are entering the market, but many of them are launching crypto exchanges and much more. So Coinbase plans to file an order seeking dismissal of the lawsuit by the Securities and Exchange Commission on August 4th. So that's tomorrow with the crypto exchanges legal chief saying it expects to win the case on its August 3rd, second quarter, 2023 earnings call. Coinbase chief legal officer Paul Grewal expressed confidence the exchange would win the court case brought by the regulator. Here's a quote. With respect to the litigation with the SEC, I want to be very clear. We do think we can win. We expect to win. The SEC sued the exchange on June 6, alleging it sold unregistered securities and operated as an unregistered securities exchange. Grewal said Coinbase will file a motion asking the court to dismiss the lawsuit on August 4th. Here's the quote. Tomorrow, we will be moving the court for an order dismissing the case in its entirety. Grewal said it will argue that Coinbase did not list securities on his platform, that the SEC has no regulatory authority over crypto exchanges, and it never suggested to Coinbase there was a requirement to register when it declared Coinbase's registration statement effective in April 2021. So I think Coinbase has a strong case here, guys, because obviously, as highlighted, the SEC Coinbase approved to go public, right? And Coinbase went through all the hoops, right? They had to make sure they had all the bells and whistles before you go public. That's a lot of audits, a lot of registration, a lot of things that you have to have in line, all your ducks in a row, right, to go public. So they did all that. And the SEC didn't say anything, right? Hey, here you go. Here's your stamp of approval now is turning around two years later or whatever it is suing them. So right away, I think we're seeing even the judge in the lawsuit was calling out the SEC about this. Like, what is your definition of a security? You know, you can't make blanket statements. You have to give specifics. But we know the SEC don't know they don't know what they're doing. And we're dealing with a corrupt scumbag regulator that is Gary Ganser. In addition, I think Coinbase, they're going to use the ripple ruling guys with secondary market sales, these crypto assets being declared, not a security intrinsically, right, basing off of what the judge rule for XRP. So they're probably going to use that as well as they see, look, this this is asinine. We're in the secondary market sales business. So you can't say we're listing securities and you have to litigate each of these tokens specifically. And Coinbase, like I said, they're the most regulated crypto entity in the United States and possibly the world because of all they had to go through to go public. So it just makes Gary Ganser look like a fool, not to mention BlackRock is partnered with Coinbase. Coinbase is doing a lot of big things in the United States and around the world. So it's unbelievable that we're dealing with this buffoonery. But once again, scumbag regulator Gary Ganser. And here's another example. Folks, Congressman Warren Davidson tweeted out the following regarding what John Deaton's crypto law tweeted out. He said, in case you missed it, the SEC has a Gary Ganser problem and a structural problem that he has exposed to stop politicizing the SEC, pass my SEC Stabilization Act, restructure the SEC and fire Gary Ganser. This is coming from a congressman. Right. You know, you screwed up when members of Congress are calling for your firing. It's unbelievable that we're dealing with this. And guys, remember that he congressman Warren Davidson put out a bill to have Gary Ganser fire, change the structure of the SEC, remove the chairman and have an executive board. And it just would be much more better, in my opinion. And it may not happen now, but I think this this has this could be something that's put into place because you have these corrupt bureaucrats like Gary Ganser getting into power and it's all political. He's looking for the Treasury job, so he doesn't care. He doesn't care if he's stifling innovation and he's just a puppet doing the bidding of his his puppet masters at Wall Street. And here's what John Deaton's crypto law highlighted. It's a chart showing the timeline of crypto regulatory activity, what Congress has been doing and when Gary Ganser chose to take actions. So crypto law, John Deaton's crypto law, they said just a reminder that Jeff John Roberts or Jeff Roberts, excuse me, put his this handy chart together for Fortune magazine that shows Gary Ganser counterprogramming lawsuits, Wells notices and public statements against Congress advancing on setting clear rules. Ganser is protecting his power, not the markets. And you look at the dates and it makes sense, folks. He's timing these news items, right? Scumbag regulator. He's supposed to be working on behalf of the people he's he's paid by our tax dollars. He's not voted in. He's appointed. So the fact that he's trying to do these things is unbelievable. He needs to be kicked out. And as Congressman Warren Davidson said, they need to restructure the whole SEC. Now, let's move ahead. We got some very bullish statements coming out of Japan, Japan's prime minister. Here's something he said at the Webex Asia conference, which took place recently, July 25th to the 26th, he said Web3 is part of the new form of capitalism.
DerrickTalk
A highlight from Donald Trump Pleads Not Guilty On 4 Felony Charges Related To The Insurrection Of The Capitol
"Spotify for podcasters makes it easy to become a podcaster. From your very own phone or PC, you can record and edit your podcast, then distribute that masterpiece to sites like Spotify, Apple Podcasts, iHeartRadio, and more. Your voice, your vision, your stance. Spotify simplifies it all, free and no catch. You heard me right. Spotify has allowed me the flexibility to share my unique perspective and allow fans to interact with the Q &A polls. Download Spotify for podcasters right now. Welcome to another edition of Convo Over Cigars. I'm your host, Derrick Fleming. I think we're all in agreement that Donald Trump should be held accountable for the insurrection of the Capitol. This coup, this overthrow of the Capitol building was very catastrophic and people were injured. Law enforcement officers and other individuals, I mean, it was just very uncivilized the way they stamped on Nancy Pelosi's desk. They gained access to classified documents. This was just uncalled for. Now, three officers who defended the Capitol on January the 6th attended Donald Trump's arraignment. DC Metropolitan Police Officer Daniel Hodges, former Capitol Police Officer Aquilino, Gunnell, and Capitol Police Officer Harry Dunn all watched the former president's arraignment from an overflow room. Now, Gunnell told NBC News that he hopes former Vice President Mike Pence has the cojones to speak up. These officers were all in agreement that Donald Trump's entire strategy here was to delay, delay, and delay. Now, the former president's valet, Walt Nauta, who was also charged as a co -defendant in the Florida classified documents case, was by Trump's side today in DC for this arraignment. Nauta was spotted holding an umbrella for his boss as the former POTUS departed Ronald Reagan Washington National Airport after his arraignment. The former president, Donald Trump, pled not guilty on Thursday to federal charges, accusing him of orchestrating a criminal conspiracy to try to derail the transfer of power after the 2020 election. During this intense 27 -minute proceeding, Donald Trump was seated just 20 feet from special counsel, Jack Smith, the man that is attempting to convict him in two federal trials that could result in a very lengthy prison sentence for the former president. The case should move quickly, but not many specifics as to when Donald Trump will stand trial, but John Laurel, he's an attorney for Mr. Trump, said Trump's legal team might need a long time to go through the evidence that prosecutors are required to hand over to the defense. A magistrate judge has said that he can guarantee everybody that there will be a fair trial in this case. Trump faces four felony charges stemming from his months -long bid to seize a second term despite losing the 2020 election to President Joe Biden. Trump is being accused of a plot to basically spread misinformation about the election and pressure state officials to undo the results in states where Joe Biden won. Also, he is being accused of undermining the Electoral College and ultimately trying to disrupt Congress and their certification of the results on January 21st of 2021. So again, very serious charges, man. Jack Smith is not playing the special counsel. But again, I think Trump is going to beat this as he always does. Let's just be clear. This is Donald Trump. And I'm sure that he will find some type of way to to wiggle his way out of this. I think the insurrection of the Capitol was very, very serious. People were injured. A lot of these officers just basically did the best they could to try to defend the Capitol and, you know, Nancy Pelosi and the offices there. But those people, the Proud Boys, those are the very radical right wing groups just basically took over. So I think Donald Trump definitely needs to be held accountable. But I guess we'll just have to wait and see. You guys have been locked into another edition of Convo Over Cigars. I'm your host, Derrick Andre Flemming. Happy Thursday.
Live From Studio 6B
Someone Is Lying and Chuck Grassley Wants to Get to the Bottom of It
"Lying. Someone is lying more. Someone either perjured themselves or all of the above. But Chuck Grassley is going to try to get to the bottom of it. And today, Margo Cleveland writes a little more about this and how the spotlight has now turned to this Leslie Wolf. And she says Delaware you assistant US attorney was briefed in October and memory Gary Shapley is the center of this whole thing. Who, again, I can just speak for what my eyes tell me when I watch him. He comes across as very credible. When he speaks, his story comes across as very credible when he tells it. His facts come across as very credible when he lays them out. And the reality of the whole situation that he lays out is very credible knowing the other parties involved being Hunter Biden and Joe Biden and the Department of Justice run under Merrick Garland. Yeah. And when you juxtapose this against the cocaine story, you notice Gary Shapley's story doesn't change. The facts don't change. Unlike the cocaine story, it started out here, then it's over there, then it's over here, now it's over there. It could have been, it could have been, who knows? Maybe it was a vice president. Maybe it was one of the construction workers. Maybe it was somebody visiting the White House, but it wasn't the crackhead who lives there with his dad. Okay. A Delaware assistant U .S. attorney was briefed in October 2020 that a confidential human source had reported Hunter and Joe Biden each received $5 million in bribes, Senator Chuck Grassley revealed Sunday in a letter to Delaware U .S. attorney David Weiss. A source familiar with that briefing has now confirmed to the Federalist that the Pittsburgh office told the Delaware office that the confidential human source's reporting appeared credible and merited further investigation. That added detail increases the significance of Grassley's Sunday letter and his question to David Weiss about whether his deputy thwarted the investigation. Grassley wrote, quote, on October 23, 2020, Justice Department and FBI special agents from the Pittsburgh field office briefed assistant U .S. attorney Leslie Wolf, one of your top prosecutors, and FBI special agents from the Baltimore field office with respect to the contents of the FBI generated 1023 form, alleging a criminal bribery scheme involving the then vice president, Joe Biden, and his son, Hunter Biden,
Mark Levin
FBI Doc Alleges Ukrainian Partner Sent ‘Substantial Bribe’ to VP Biden
"Grassley made bombshell claims after reviewing an FBI FD 1024 that documented the informants allegations of an alleged bribery scheme involving an exchange of money for policy decisions between now President Joe Biden and a foreign national. Comer disclosed the informant tip is 2020. Yes, it is Ukraine, Comer told Just the News. This form 1023 involves a business person from Ukraine who allegedly sent a bribe, a substantial bribe to then Vice President Biden. The Biden family frequently visited Ukraine for its respective business. Then Vice President Joe served Biden as the Obama administration's Ukrainian quote -unquote point person on US foreign policy. He visited Ukraine six times while serving six to times Ukraine. Hunter joined Biden the board of Ukraine energy company Burisma in April 2014, two years before Joe Biden stated he forced the firing of Ukraine prosecutor Viktor Shokin, investigated who the company that Hunter Biden was working for. Joe Biden approved an official statement about Hunter's Burisma board position. And despite Hunter's lack of experience in Ukraine or the energy sector, he earned $83 million per month from the energy company, or $1 million a year. While was his son a member of Burisma's board, Joe Biden threatened to withhold, as you know, $1 billion from Ukraine if the Ukrainian government
The Charlie Kirk Show
Matt Gaetz Reacts to Mike Pence's Presidential Bid
"Pence is running for the presidency. I want to... Okay, yeah, there it is. Let's play cut 73, and then I want your reaction, Matt Gaetz. But today, our country's in a lot of trouble. President Joe Biden and the radical left have weakened America at home and abroad. The American dream is being crushed under runaway inflation. Wages are dropping. Recession is looming. Our southern border is under siege, and the enemies of freedom are on the march around the world. And worse still, timeless American values are under assault as never before. We're better than this. We can turn this country around, but different times call for different leadership. Today, our party and our country need a leader that will appeal, as Lincoln said, to the bitter angels of our nature. I have long believed to whom much is given, much will be required. That's why today, before God and my family, I'm announcing I'm running for president of the United States. Matt Gaetz, Mike Pence is running for the presidency. Your reaction? I'm sure Mike Pence's voter is very excited about that announcement. Didn't see a big crowd there with him, and it bears some resemblance to the Chris Christie announcement we saw recently, which seemed to be attended about as thoroughly as a regularly sized Homeowners Association meeting. But in a way, Mike Pence and Chris Christie are victims in the political industrial complex because some consultant somewhere has convinced Mike Pence and Chris Christie that they might be president one day. I know it sounds crazy, but that consultant will win or lose based on the existence of a campaign, but I don't see much of a lane for these folks. I
CoinDesk Podcast Network
Markets Mixed as Debt Ceiling Bill Could Threaten Liquidity
"Bitcoin, Ether, and other top tokens are down, and markets trading mixed, but mostly lower. Traders of risk assets broadly, though, are paying close attention to ongoing movement towards a multi -year suspension of the U .S. debt ceiling in a deal that has both Democrat and Republican members of the Business As Usual club declaring victory. The agreement passed the House last night with majority support and now heads to the where it's expected to pass as well, before being signed into law by U .S. President Joe Biden. You might think that with uncertainty around that threat and default likely to soon be over, that risk assets would be hopeful, but that's not exactly how things may work out. Once a suspension is signed into law, a few things are expected to happen. First, the U .S. Treasury will have to refill its almost completely depleted Treasury General account, also known as the TGA, which means selling some $500 billion worth of debt into the financial system, which means they will be extracting that much cash. This is likely to hit risk assets in particular, as they tend to be more sensitive to liquidity conditions than safer plays such as bonds and many groups of equities, macroanalyst Noel Acheson said, continuing, The Treasury drawing down its account at the Fed was one of the tailwinds for the market earlier this year. As money that would normally just sit there was put into the economy in the form of government expenditures, Acheson explained. She continued, Now the reverse is likely to happen. The government needs to replenish the account balance by issuing debt which will draw liquidity out of the market and back into the Treasury's
Crypto Curious
Debt Ceiling News Pumps BTC
"Let's go straight into some market talk. Is it all around what's happened with the debt ceiling, do we think? Or is there a bit more to it? I'm not sure, but that news about the debt ceiling has really pushed up all asset classes, and Bitcoin had a bit of a shakeout last week. Even you had a bit of a panic sell trace, but we're back to the races now. Police. I don't know if I had a panic sell. Come on. We're back to the pre -sell -off levels. I guess it was the debt ceiling, which you can give a bit of an update to. Let's talk about that. Crypto prices had a nice little pump on Sunday night with the news that the US lawmakers had ended their stalemate over the government's debt ceiling debate. As part of the deal agreed between President Joe Biden and Republican House Speaker Kevin McCarthy, the plans are a 30 % tax on crypto mining also has been shelved as part of this deal. So I think what exactly was the deal as well? There's no debt ceiling until January 2025? I mean, that's interesting. It's the kicking the can down the road scenario that every country is doing basically, but particularly America has been leading the way for well over a decade. I'm certainly no financial expert, but what I do know is if you keep printing money, money is going to be useless. Absolutely. We've been on the way there for a long time. I'm sure that's why many people are in crypto. I didn't see this coming. I thought they'd sort of let what needs to happen happen, but how much further can they go? They sort of keep making their own rules and, like I said, keep kicking the can down the road. So the inevitable will happen at one point or another. All they're doing is, in my opinion, making what will inevitably happen
The Breakdown
Debt Ceiling Deal Gives Unlimited Debt Until 2025
"All right, friends, well, today, as I said, we are hopefully wrapping up or at least putting a big momentary pause on the macro story that has dominated markets for the past few months. Yes, a deal has been reached in the debt ceiling standoff with both President Joe Biden and Republican House Speaker Kevin McCarthy making major concessions in order to move the matter forward. The deal on the table would suspend the debt ceiling entirely until the 1st of January 2025. Presumably this puts off the next dispute over federal borrowing until the middle of that year and uncapping the debt limit in the interim. The core of the argument is a two -year cap on federal spending, although each side is presenting the story slightly differently. The White House claims the spending cap would reduce spending by around $1 trillion over while the GOP argue that spending cuts are twice that level. New York Times analysis puts the spending reduction at around $55 billion next year and another $81 billion the following year. So let's talk about what's actually in the deal. The set of tradeoffs in the deal have caused outrage among numerous groups of ideologically aligned lawmakers and special interest groups on both sides of the aisle to the point where there are few truly happy with the compromise. Now that of course might mean in America's polarized politics that it's actually a good compromise deal. IRS funding has been cut, with $20 billion of the $80 billion in additional funding to bolster the tax department now being repurposed to fund discretionary government programs. And what's worth noting here is that early in the negotiations, this IRS funding was a red line for the president. You will no doubt remember when he said that he would not accept any deal that benefited quote wealthy tax cheats and crypto traders. Another aspect of the deal was that work requirements for food stamps recipients will be expanded. However, the cohort of people this will affect appears to be small. Only impacting recipients aged 50 to 54 while exempting veterans, the homeless and people who grew up in foster care. However, negligible the effect on the budget, the expansion of work requirements within the benefits program was an important symbolic policy for hardline conservatives. And small as the concession might seem, there are still many on the left who are very, very against
AP News Radio
Biden: Debt deal 'very close' even as two sides far apart on work requirements for food aid
"President Biden continues to say a deal on the debt limit is very close. House negotiators left the capitol in the early hours of Saturday without a debt limit deal with The White House. They're expected to return later in the day in hopes of reaching an agreement over the holiday weekend. It appears as though work requirements for federal food aid recipients have emerged as a final sticking point as president Joe Biden says he thinks a deal is very close. In the meantime treasury secretary Janet Yellen says, the deadline for a potentially catastrophic default has been pushed to June 5th from an earlier estimate of June 1st. I'm surely Adler
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"City and around the world, here's Michael Barr. I'm Lisa John president Joe Biden says he expects to soon speak with president Xi Jinping about the Chinese balloon shot down by the U.S. earlier this month. Biden says, though, he will make no apologies for taking down the balloon. Senator John fetterman checked himself into Walter Reed national military medical center Wednesday night to be treated for clinical depression. Veteran suffered a stroke last year, doctor Leah crowell and neurologist at temple health in Philadelphia says depression can be related to strokes. It happens in more than one third of stroke patients. And that can happen as a result of exactly what part of the brain was implicated in the stroke. Both sides of the aisle have offered support for fetterman, Texas Republican senator Ted Cruz tweeted mental illness is real and serious, I hope he gets the care he needs. Americans have racked up nearly $1 trillion in credit card debt. Bloomberg's at Baxter as the story. This is definitely the result of Americans wanting to buy things and spend running smack dab into inflation. Most of the increase came in the final quarter of 2022 and it breaks a record set in 2019. And the $61 billion bump from the prior quarter was the biggest scene in data going back to 19 99. Now, along with users just swiping and Tapping more, they're also missing payments with delinquency rates surpassing pre-pandemic averages. In San Francisco, I'm at Baxter, Bloomberg radio. A big change is coming to a daytime talk show after 6 years Ryan Seacrest is leaving live. Live from the Bloomberg interactive broker studios. This is global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I'm Michael Barr. And this is Bloomberg. From the progressive presents, adjusting to the suburbs. It never dawned on me how much walking I used to do until I bought a house in the suburbs. Like when I'd say, I'm going for coffee. Of course I was walking. But now it's like three miles and no lattes worth that. I find myself inviting people on walks with me, like it's a schedule of activity. This morning, my neighbor asked me what I'm doing, and I actually said, I'm going for a walk
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"The stock 600 starting the day up by three tenths of 1% the FTSE, two tenths of 1% higher. The car aunt in Paris at four tenths higher and the Milan up by half a percent at the start of trading. It was seeing a bit of risk appetite returning to European markets today yesterday, the dominant theme was that shock move from the bank of Japan to ease the yield curve control that had rippled across markets, but in terms of the sectors and the stock 600 today, we are seeing retail shares leading the gains up by 1% all of the sectors in positive territory the smallest gains being seen for auto and parts company syrup by just a tenth of 1%, but retail, real estate travel and leisure are top of the basket. They're looking ahead towards Wall Street's S&P E mini futures are four tenths of 1% higher and the Japanese yen flat this morning but a 130 less than a 132 now to the dollar as we see the ten year Japanese treasury or Japanese yield approaching the upper bound at .47%. Okay, interesting. Those are the markets. Let's go to our top stories. Ukraine's president volodymyr zelensky is traveling to Washington today to meet president Joe Biden and to address Congress, it will be his first trip outside of Ukraine since Russia invaded in February. Bloomberg's Bruce einhorn says it's a chance to change the debate. Many Republicans have expressed skepticism about U.S. policy toward Ukraine some have called for the U.S. to reduce the amount of aid that it gives. So by going to Washington by giving a speech to a joint session of Congress by meeting with President Biden, president zelensky can do a lot to try to influence the debate by being there in person. That was Bloomberg's Bruce einhorn while zelensky were hold a joint press conference in Washington later with President Biden. Biden is expected to announce nearly $2 billion in extra assistance for Kyiv during this visit, as well as moves to deliver a new anti aircraft missile battery to Ukraine. The crisis in the UK's health service is deepening as 25,000 paramedics and ambulance crews go on strike for the first time in 30 years NHS boxes are warning they can't guarantee the safety of patients, ministers are telling people to avoid risky activities. The prime minister Rishi sunak is defending setting pay by an independent review body. Pay is obviously
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"Now, with the latest news from New York City and around the world, here's Michael Barr. Lisa John Tom top Biden administration officials are voicing their fury with Saudi Arabia over OPEC production cuts. Bloomberg's head backs to reports the administration says there will be severe consequences. They are saying the administration is undertaking a sweeping evaluation of its relationship, including modifying agreements. State Department spokesman that price saying that cuts benefit Russia. But it's certainly serves the shorter term interests of countries like Russia, a country that stands to gain at least in the near term from elevated oil prices. The administration says it may ask Congress to get involved. In San Francisco, Ahmed Baxter Bloomberg radio. The Los Angeles city council is mired in uncertainty, president Joe Biden is calling for three members to resign after a recording surfaced of them participating in a meeting in which racist language was used to mock their colleagues. Three current or former members have been indicted or pleaded guilty to corruption charges. The former San Antonio police officer who shot and gravely injured a teenager eating a hamburger in his car in a McDonald's parking lot is now in custody. San Antonio police chief William McManus says 25 year old James Brennan turned himself in and was charged with two counts of aggravated assault by a public official. Chief McManus says the officer's actions are not a reflection of the department training. Our training did not does not teach that. So this was a fail. For one particular police officer and here we are as a result of that fail. Chief McManus, Brennan, says he mistook Eric cantu's vehicle for one that had fled a traffic stop the night before. The jurors deciding the fate of Parkland, Florida school shooter Nicholas Cruz are expected to begin deliberations today. All 12 jurors must agree in order for crews to be sentenced to death. Live in the Bloomberg interactive broker studios. This is global news. 24 hours a day on air. And on Bloomberg
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"Divided Supreme Court dealt a major blow to president Joe Biden's climate change agenda by restricting the environmental protection agencies ability to curb power plant emissions and saying Congress would have to act to give the agency more authority. The ruling was 6 to three down ideological lines. Joining me is environmental law expert pat parental, a professor at the Vermont law school. How big a blow is this to the Biden administration's ability to fight climate change? Well, it's not good I guess the only moderating aspect of this is that the marketplace is already moving our energy system in the right direction. In fact, we've already exceeded the goals set by the clean power plan, which the court has just trashed and said is illegal. That plan had targeted 32% reduction in carbon emissions from 2005 levels by 2030. We've exceeded that already. So I suppose you could say, even though the court has taken away a major tool from Biden and from EPA to reduce greenhouse gases from power plants, the marketplace is making up for some of that. And so maybe the focus now, of course, it has been, but even more so now would be on some of these build back better ideas. In other words, improving energy infrastructure, not only for power plants, but meaning a smarter grid, more integrated and faster deployment of renewables that are coming online, but also, of course, electrification of industries like cement and iron and steel that are going to be very, very hard to get the emissions reduction or airlines, same thing. So what the court has done is said that you can't look to regulations under existing environmental laws like the clean air act for very much progress. We're going to have to find it somewhere else. A lot of experts are saying, well, Biden is now not going to be able to meet his the aggressive climate change goals, he said. I think that was true even before this decision. I think build back better was the primary vehicle for him to actually meet the promises that we've recently made. Of course, we've increased what are called the nationally determined commitments to the Paris agreement and those were not going to be met. Even if we had the clean power plan or something like it, he needs more money, he needs more legislation to achieve those goals, but obviously this decision is a step
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"The way for consumers energy to stop burning coal by 2025. Those are some of the stories our 2700 Bloomberg journalists and analysts are working on this morning around the world. It's 5 39 on Wall Street. The following is an editorial from Bloomberg opinion. President Joe Biden and his allies in Congress are rightly concerned about surging prices. But the president's ideas for lowering inflation have been either beside the point or simply counterproductive. For example, he has again called for a brief gas tax holiday. The savings from this would be modest, and at least partly self defeating because it would increase gas demand, serving to push prices back up. There are better ways to fight inflation. For example, a moderate but broadly based effort to roll back so called national security tariffs and other trade barriers could knock a percentage point off the inflation rate. While this wouldn't totally solve the problem of rising prices, it would at least reduce the pressure American consumers are feeling. And for Democrats nervously eyeing the midterm elections, it might even pay off politically. This editorial was written by the Bloomberg opinion editorial board. I'm David shipley, for more Bloomberg opinion, please go to Bloomberg dot com slash opinion go on the Bloomberg terminal. These has been Bloomberg opinion. You can hear Bloomberg opinion editorials every weekday at this time, terminal customers can read more at go. S&P futures right now are up 24 points down futures up a 175 NASDAQ futures higher by 96 points futures pointing to more gains setting us up potentially for the first weekly gain for stocks in about a month. Right now the ten year treasury is down one 32nd, the yield 3.09%. We talked more about this market next with Jonathan Gollum. Chief
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"President Joe Biden called inflation unacceptably high and said his top economic priority is to bring it down I know the families all across America are hurting because of inflation I know you got to be frustrated I know I can taste it Frustrated by high prices by gridlock in Congress By the time it takes to get anything done believe me I understand the frustration Well it turns out that the place where inflation runs the hottest is in Arizona And it's become a focal point in the midterm elections coming up To take us through why inflation is so high in Arizona I talked to samurai Clarke She's associate professor at the university of Arizona school of government and public policy A lot of the inflation effects are coming from trade from goods from things like cars automobiles industry and that's a lot of the industry here in Arizona So a lot of the products that people are buying in Arizona are exactly the things that have been suffering the most And as a practical matter how high is it I think I saw something basically Phoenix and Atlanta are up to the top over 10% I think Yeah last time I thought was ten of course The New York Times had a great interactive trying to show you how your own personal inflation rate varies depending on your lifestyle So as an example I'm a mother of three I pay for day care We bought a car this year These are the kinds of things that really push it up I think my inflation rate was about 9.4% living in Arizona But yeah I've been seeing around 10% of the number as well So we do have midterms including that really important Senate race as well as a governor's race out there coming up in the midterms Listening to President Biden did he do you think address the question of inflation or Arizona I mean how is he perceived in the steward of the economy Well listen here in Arizona people are going to be focusing on a lot of different issues not just inflation but I think Biden's got a real uphill battle because if we want to talk about Arizona specifically this is a true swing state I mean we have a plurality of Republicans living in Arizona If you look at the registration numbers but nevertheless in our last elections we elected two democratic senators We elected Joe Biden So this was 2020 was a huge year for Democrats in Arizona But it's a really precarious place for them to be And the approval ratings that we're seeing for Biden on the issues that people really care about like the economy like inflation are not good And not to mention approval ratings for democratic politicians in Arizona are also not great most notably christened cinema So it's going to be a tough year for Democrats in 2022 which I think is unfortunate for them because they were hoping to kind of ride the high from 2020 Democrats have been gaining ground in Arizona really consistently over the last decade 2022 could be the year where they start to lose that momentum and Republicans sort of take over the dominance that they once had in the state There are reports in Washington that some Democrats particularly up on the hill are urging the administration to do more But what about the Democrats in Arizona Do people like Mark Kelly Are they urging the president to do more And if so what Democrats in Arizona are in a really unique position I think nationally And that's because democratic voters in Arizona actually tend to be quite moderate And that's one of the reasons why I think Biden did so well in Arizona A sort of a special flavor I guess for Aaron is Arizona voters Is that everyone's actually quite moderate Republicans in the Democrats both share a perception of themselves as ideologically moderate and a real appreciation for candidates who are nonpartisan postpartum however you want to put it You see this go back to John McCain very Goldwater I mean this is kind of like the winning recipe for Arizona politicians So in that sort of to that end Democrats here in Arizona don't want to be too aligned with a democratic establishment I would say Kristen sinema has probably taken that a little too far for her base in Arizona Mark Kelly has always tried to present himself as a centrist and as a moderate And I think that's why he ultimately won his election That's what he's going to have to continue to do So he doesn't want to come out to support of a Biden He wants to say a little bit critical because he knows that Democrats in Arizona are a terribly impressed with how Biden has done So he has to kind of walk that line to keep himself moderate while still putting forward some sort of solution Which may take us to another issue that I think is important in Arizona That's immigration because when they had the decision to take away the title 42 basically allowing people to come into the country without proving they were not COVID positive Mark Kelly came right out of the box immediately and said how could you do this without a plan Yeah absolutely Immigration is another really interesting issue here because again we tend to see perspectives among the voters that don't necessarily match up with the national party So for example Arizona Republicans tend to be quite supportive of a path to citizenship for undocumented immigrants As do Arizona Democrats of course So others particular issues surrounding immigration where Arizona's are actually quite liberal quite to the left of what we tend to see nationally But Arizona is on the front lines of immigration where border state we have a huge immigrant population We have a lot of immigrants coming here every day to work And buy things and sell things So it's a really important part of our economy And to have sort of take away plans for safe immigration or to take away things that Arizona businesses think are important to their safety and their success is a really big problem here At the same time is there some sympathy with immigration I mean are they for a wall For example the president Trump wall Republicans here tend to be very supportive of a path to citizenship So there is absolutely I would say more sympathy or more positive affect towards the immigrant population in Arizona than we tend to find elsewhere Support for the wall in Arizona was not overwhelmingly high So we know in Arizona that first of all there is a secure border Arizona see it many arizonans can see it from their backyards So we know that the border is secure arizonans rely on pretty easy flow from the sonora Mexico which is our neighboring province in Mexico to Arizona There's tons of business and trade that goes on So yes I would say the attitude towards immigration flow here in Arizona tends to be more to the left than what you would see nationally I want to sneak in one more And that is abortion Given that leaked majority opinion of the Supreme Court and where it's going some people are saying now the Democrats can really use that to good effect at least to motivate the base Is that true in Arizona I think it's going to be true in anywhere in the literature in Arizona and that is because Arizona is one of the states that would potentially have a ban on abortion should Roby overturned We have a pre ro ban on abortion here in Arizona That was nullified by roe V wade We currently have a Republican governor who is leaving because he is term limited out Doug ducey and there is a very very tight race for the governorship here in Arizona So if roe versus wade is overturned it is going to be absolutely essential to Democrats that we have a democratic governor leading the state It's a tight race Of course it could motivate voters from both sides as always but what we've seen in polling is that Democrats overwhelmingly favor the right to abortion and Republicans tend to also favor it So it's not really a winning issue for Republicans In fact the vast majority of Republicans favor abortion especially early on in a pregnancy Thanks to Sarah Clarke of the university of Arizona Coming up a new study on the effects of all the fiscal stimulus on American households Notre-Dame.
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"Well surrounding the war in Ukraine mixed messages perhaps at Baxter covering it all from the Bloomberg newsroom in San Francisco Eddie Well it looks like a dug although what they say in public and what they're doing in private They may also be really really two different things Let's start with the encouraging that you mentioned you're right Kremlin spokesman Dmitri peskov says a proposal for Ukraine to become a neutral country but retain its own armed forces is positive and could be viewed as kind of a compromise So here we go then Meanwhile Ukraine's president volodymyr zelensky today in front of Congress U.S. Congress has called for president Joe Biden to be a world leader People are defending not only Ukraine We are fighting for the values of Europe and the world to providing our lives in the name of the future And asking for Biden's help He speaks for a people who have shown remarkable courage and strength in the face of brutal aggression Courage is strength that's inspired not only Ukrainians but the entire world Yeah Biden there in his Bloomberg chief Washington correspondent a host of sound on Joe Matthew shows a laundry list of new munitions 800 anti aircraft systems longer range aircraft missile systems that zelensky asked for himself specifically the S 300 system that he pointed out in that address earlier 9000 shoulder mounted missiles think the stinger and javelin missiles 7000 small arms 20 million rounds of ammo and mortar as well as 100 so called dive bombing switchblade drones Now after circling back after his address the president was asked if Vladimir Putin was a war criminal He is a war criminal and senator Lindsey Graham one even further I hope you'll be taken out One way or the other I don't care how they take him out I don't care if we send him to The Hague and try I just want him to go Yes I'm on record Meanwhile Vladimir Putin vowing to cleanse the his words scum and traitors he accuses of working covertly for the U.S. and its allies Magnitude 7.3 earthquake struck northern Japan near the Fukushima prefecture prime minister fumio kishi announced saying four people died at least 97 injured It derailed a bullet train disrupted power shook buildings and parts of Tokyo nuclear irregulars at the daiichi nuclear plant say service was disrupted temporarily but there is no danger there In San Francisco I met Baxter This is Bloomberg Doug thank you Ed Let's get to our guest niraj Seth is with us He is head of Asia credited BlackRock on the line from Singapore Niraj thanks very much for being with us We've got the fed meeting now in the rearview mirror no surprise when it comes to that quarter point hike And potentially 6 more hikes at the remaining meetings this year and one could maybe be as much as 50 basis points but Powell in that press conference seemed to kind of admit that the fed is a little behind the curve Do you buy into that And if so are they severely behind the curve So I totally buy into that So overall if you could take a step back and look at whether inflation is and even the projection for inflation which is not a 4% going into the end of 2022 we still see obviously the policy behind the curve So none of this is a surprise and they're certainly a lot more focused on inflation despite all the uncertainties from the geopolitics COVID and other supply chain constraints So I do think this is very much in line with what the investors should have expected from the fed liftoff starting here with rate hikes through the year and potential adjustment to the balance sheet coming in the next meeting with potentially starting in June Jay Powell also downplayed the risk of a recession What's your view on this because there's a lot of uncertainties around in terms of the walk commodities prices supply shocks how realistic is the expectation that there's going to be no recession So overall I think share power is right about downplaying the risk of recession in the near term I don't think the recession is a risk in this year or even to some extent in the next year And I would say there are three reasons for that The first is a strength of the economy Second the balance sheets and third where the fed rate high trajectory is going and the real rate In terms of the strength of the economy even though they have reduced the growth forecast to 2.8% for this year it's still a strong growth year which I do think will continue as we go into the next year Second part around the balance sheet across the consumer and the copy balance sheets they are strong and intact And I don't think that's changing anytime in the next 12 to 18 months And lastly the fed is certainly in the path of normalization but not getting ahead of the curve and trying to go into the restrictive territory in a hurry from a rates perspective So none of these actually are going to give us a good reason to be worried about recession at least in this year and to some extent going into next year Okay maybe not a recession but I'm wondering whether or not inflation for the longer end of the yield curve becomes on anchored in a way so that we do get a lift up in rates but it's because of concern about much higher inflation that is not going to come down any time soon But I think the inflation in the medium to long term will start to come down in my view And I don't think it changes obviously next 12 to 18 months The inflation is taking combination of the monetary and the fiscal impulse that we had in the last few years is leading to where we got to in addition to the supply side constraints So the inflation is taking and I don't think the fed is trying to underplay that But if you take a step back again look at the longer term as the growth starts to slow down to some extent the high price is solved the high prices issue which is inflation slowing down the consumer spend here And as we think.
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"China has begun the cyber crackdown on rumors and celebrities as we approach the Olympics in Baxter has details Yeah we've been here before haven't we Paul The intent it says it's removed rumors and ill natured activities Bloomberg's Ivan man says this is similar to past moves Well we've been hearing so far that they're going to target content That violates laws and related accounts and platforms to cultivate this healthy environment they say and also they're going to be preventing celebrities who had engaged in illegal or unethical activities from taking part in live broadcasting also when it comes to entertainment shows Yeah von says the time frame seems to be a month Hong Kong's system of hotel quarantine for travelers is getting more criticism today The quarantine is meant to keep the infection from seeping into what has been a pretty much virus free city Now there are critics who say it has become a spreading ground actually seeding uma crawl and leading to thousands of lockdowns One example is a woman who entered the housing at Kowloon virus free came down with it while under quarantine there China is now offered Hong Kong helped a ramp of mass testing to try and blunt the omicron outbreak outbreak chief executive Carrie lam says Kwan Jong province has expressed they are happy to render support U.S. president Joe Biden says no plans at present for troops in the Ukraine We have no intention of putting American forces or NATO forces in Ukraine But as I said they're going to be serious economic consequences if he moves Yeah Biden also says Russia he believes understands a much how much of an enormous deal this really is globally Enormous consequences of worldwide This would be the largest if he were to move in with all those forces to be the largest invasion since World War II It would change the world They also says if Russia invades he would favor personal sanctions on Vladimir Putin London's Metropolitan Police department is officially opened and investigation into events at ten downing during the pandemic It complicates life for prime minister Boris Johnson but police commissioner cressida dick says to now just an investigation I should stress that the fact that we are now investigating does not of course mean that fixed penalty notices will necessarily be issued in every instance and to every person involved Yeah commissioner dick says no charges at this point In San Francisco I'm at Baxter This is Bloomberg All right Douglas Thank you Ed Let's get to Dan Schwartzman as we look at global sports.
Bloomberg Radio New York
"president joe biden" Discussed on Bloomberg Radio New York
"Not having an owner Money raised from the stock sales can only be used for things such as stadium or facility improvements I'm Brian schuck And I'm Brian Curtis in Los Angeles Let's check this hour's top business stories and the markets U.S. president Joe Biden and Chinese president Xi Jinping have held their first face to face virtual summit both sides are aiming to stabilize the relationship between the two nations Asian stocks have turned positive with most of the benchmarks edging higher the hanxing index is up a tenth of 1% I'll have more on markets in a moment Senate banking chairman sherrod Brown said he was told by White House officials to expect an imminent announcement about president Joe Biden's pick to chair the Federal Reserve Chair Jerome Powell's term ends in February and President Biden interviewed both he and fed governor lael brainard for the top job earlier this month Well shares of troubled Chinese property developer kaisa group holdings it's listed property management armed tumbled after resuming trading in Hong Kong today Kaiser prosperity holdings falling as much as 17% Kaisa health group holdings actually rose as much as 39% Saying it had no contact with Kaiser prosperity and Kaiser capital investment holdings was down about 13% Trading in these units was halted earlier this month the building stock remained suspended and the builder's stock remained suspended and at least some of its creditors have yet to receive bond interest do last week Let's check the markets we mentioned hanging index was faring well up 213 points The CSI 300 in China is up about half of a percent Then he came he is up about two tenths of 1% Olean one 14 16 and the yield on the ten year treasury 1.60% Also oil at 81.47 Global news 24 hours a day live in a Bloomberg quick take brought to you by 2700 journalists and analysts In a 120 countries in Los Angeles I'm Brian Curtis This is Bloomberg This is Bloomberg law Some complicated international law issues here What kind of docket is chief justice Roberts facing Interviews with prominent attorneys in Bloomberg legal experts Joining me is Bloomberg new Supreme Court reporter Greg store My guest is renowned constitutional scholar Lawrence tribe And analysis of important legal issues cases in headline Is this essentially the 5th circuit haunting He has presided over a so called hot bench at the Supreme Court Bloomberg law with June Grasso from Bloomberg radio Welcome to the welcome to the Bloomberg launch show I'm Jim grosso Ahead in this hour Texas schools can require masks despite the governor's edict and judge Jeffrey Sutton chief judge of the U.S. Court of Appeals for the 6th circuit discusses his new book Who decides Texas.
KGO 810
"president joe biden" Discussed on KGO 810
"President Joe Biden is providing last minute help to Governor Gavin Newsom in the recall election. It could remove the first term Democratic governor from office tomorrow is the last day to vote. President Biden will appear with Governor Newsom this evening in Long Beach. The event will come as Republican front runner and talk radio host Larry Elder. Hold his own election Eve rally in Orange County Elder is one of 46 replacement candidates have got if governor Newsom is removed. Whoever gets the most votes among those 46 will become governor of the nation's most populous state. It is Squad Valley. No more KGO spread, Burkhart explains. Get used to Palisades Tahoe. The change was made because of the derogatory nature of the word squad toward Native American women. The new name Palisades Tahoe was inspired by his own on the mountain above. It's Siberia, chairlift that's been the focus of many classic ski movies dating back to the era of pioneering free skiers. Like Scott Schmidt and Shane McConkey. Brett Burghardt kgo a 10. Apple is preparing for its annual product launch tomorrow and KGO is Mark Nieto has the low down on what you can expect. Apple's annual iPhone event is scheduled to happen virtually tomorrow from the Cupertino campus. And, according to analysts, we will see the new iPhone 13 along with updates to the Airpods and Apple Watch. Apple has had an amazing 2021 as people continue to work from home last quarter iPhone revenue was up 50% year over year while Mac revenue was up. 16% and iPad revenue jumped 12% and now the company will look to keep rolling into the holiday season. Apple is also due to refresh the iPad and MacBook pro, but it's unclear If they will hold a separate event for that launch. Mark Nieto, kgo 8 10 and this report sponsored by Juniper Networks, companies from eight to zoom run.
The Takeaway
"president joe biden" Discussed on The Takeaway
"And now we shift our focus from real life political drama to the fictional kind political. Tv shows and movies have seen unwavering popularity over the decades. We wanted to know about your favorite political shows movies and characters. And here's what you told us. Hi this is robyn from philadelphia. My most recent favourite political drama is borgen which is about a woman named. Beer jeep nyborg. Who becomes the first female prime minister of denmark. In addition to really enjoying the characters who felt to me much more real and less hollywood than a lot of characters on american shows. I also gained a better understanding of how a parliamentary system works and of what goes on behind the scenes between the media politicians and they referred to as their spin doctors. I always liked air force one with harrison. Ford is the president. Get off my plane. I think the movie. Dave offered an interesting commentary on fiscal responsibility. The time that is accounting friend came to the white house and went through. The budget is iconic on how they found so much governmental. Waste the best man with henry. Fonda fantastic manchurian candidate angela. Lansbury is so brilliantly evil. Dick with kirsten dunst aah michelle. Williams is so funny. Some people prefer comedies that parody are lawmakers but personally i'm a big fan of the political thriller. I think what i love. Best is the mix of public policy politics and good old action no matter how much high stakes tension there is going on in the actual washington. Dc were california for that matter. There's something endlessly entertaining about the best of these shows and through them. We get a peek behind the capital walls with varying degrees of accuracy. Joining me now to talk about what the best of these shows have to offer is dr lily. Goren professor of political science and global studies at carroll university and co author of madman in politics lilly. Great to have you here. Thanks for having me on today. Nancy so what do you think makes a good political thriller Well i mean a lot of it is The drama obviously so whatever. The narrative arc of the of the show or the movie is and some of the some of the ones mentioned by your listeners including things like borgen Or the mentoring candidate are among my favorites. The depth of the characters involved in how they are interacting with politics as well. Do you think that most successful political television shows tend to mirror the political reality of the moment or they usually things like the west wing that provide a more idealistic hopeful version of our politics. They usually go in either direction of something like the west wing or madam secretary which are idealistic and and to some degree fantastic Or they go in the other direction like say house of cards or scandal where there's a lot of murder and You know started duplicity and secret. Things going on In the halls of power so neither of them are really based on reality And they're they're fun to watch and of course they have you know great actors and actresses and really interesting writers who are sort of threading the plot lines. I surprised that there aren't more shows like the house of cards. I mean there's obviously a huge appetite for detective stories. Police procedural rules mysteries like that. And that you know house of cards is kind of a perfect blend of that but We we just haven't seen that many of them right. Yeah and again you know you have shows that do take this up And something like the wire is another show. That's actually quite political. But it's it's not national. It's in baltimore And it's at a lower level. It's about local politics So you do have different kinds of approaches to thinking about The you know the insanity of something like house of cards but you may see it. In some different sort of venues. I have loved access to international. Tv that street has brought us and some of my favorite shows have been. The norwegian show called occupied which is a full on political thriller. The is rarely show prisoners of war which was behind that led to the american homeland series And i think my all time favorite was the bureau which is a french spy agency show but had very geopolitical focus. Plot have have you seen much international. Tv shows are you waking. I have an an a number of the ones that you are talking about. like the bureau Are among some of my favorites particularly borgen Which you know. The first time. I never wanted to do anything else but watch borgen And it just it again. He served can contrast that to a show. That was made More than a decade or two decades ago in the united states by gina davis commander in chief that was for one season also about You know a woman. As president of the united states all of the conflicts that she dealt with at home and in the office and so forth. That were centering around her gender and in borgen you see so much of the same thing but you also see it in this. You know in a parliamentary system And all of the differences that that kind of a system in a coalition government has So you're right. They're quite a few international shows that also show us a lot of political thrillers like occupied. Which was you know again. Fascinating eating show you know are there any particular shows that really captured. The trump era in washington Well i've been asked this question before and The the television show that is about to debut its fourth season. The handmaid's tale actually Green lit or you know sort of put into production before trump was elected president. But it debuted just he became president and there was a lot of discussion about how it seemed to be capturing a third of the zeitgeist of the the the trump years in terms of you know sort of having women lose autonomy or agency over themselves and their bodies And you know some of the ways that mr trump was misogynistic in some of his commentary. about women and and so i don't think that the handmaid's tale necessarily captures the trump years per se But television also has a lag time because things often have to go into production A year or two beforehand with cova. It's been very difficult to do. The filming And and produce the shows because of the limits on the capacity to do that safely. And so i think we may also have a lag in terms of shows that kind of reflect what people may have been feeling during the trump administration right. So maybe it'll take a couple years but we'll start to see something a little less dark in a little more stick we may. There's always hope and of course we had shows like scandal that tapered off during this period as well which were kind of dark as well. Dr lily.
The Takeaway
"president joe biden" Discussed on The Takeaway
"Been on. How biden is responding. Well i think it's a little bit of both you know nothing is ever one one thing but i think we've seen that both parties over time and have gotten more extreme so the democratic party has gone to the left and the republican party has gone to the right. That's why in recent years it's been so hard to get things done You know perhaps some of this was joe biden and obviously he agreed to this agenda but some of it was. He was going where his party is going on. But i think you're exactly right. After four years of donald trump. the biden administration president biden came in. He wants to be different. Of course he is deficient in this policies but he also wants to act differently. He wants to show that he governs differently. So that's why you saw a different kind of speech you mentioned early on The tone was different. The language was different You know he he talks differently you know. He sprinkled the speech things like folks. He likes to say that word it. No it's much more personable. He even complimented republicans for sending him a proposal that i know a proposal that the white house thinks is is much too small on this funding plan but they they were trying to compromise or send something over so he wants to be the anti donald trump and he's really leaned into that in how he's governed and how he's talked and i think a lot of that is you know showing us The state of the effects of of the donald trump presidency sung men. What is the reaction among voters and the people in this country to biden's expansion of the social safety net and expansion of government spending so in terms of his actual policy agenda. They've been the voters if you look at polls it's gotten pretty a substantial support substantive support from democrats independents and republicans and i think that's been one interesting one Interesting facet and strategy of this administration that for all the talk about bipartisanship for all the push from congressional a congressional republicans particularly senate republicans who are versed in the language of bipartisanship that it even have his Even if his plans even if this legislation is not bipartisan within the halls of congress as you know the coronavirus relief package did not get republican support. It has bipartisan. Among the american people and they can look polls show that his agenda whether it is the corona virus relief package his plans to kind of expand government assistance You know obviously they have pointed to a public supporting for increased gun restrictions that their plans are bipartisan. among the american people obviously that hasn't won over republicans on capitol hill. Who have really tried to take his tone at his message of unity and turn it on his head by saying that he does he. That biden isn't interested in unifying government. He isn't interested in talking with republicans and working together but in terms of how is how his plans and his message is being received by the american people. The plans his agenda with one major exception which is immigration and how he has handled the situation on the border. It has been largely app supported by the american people. Anita the fact that president bided his spent his first hundred days pursuing these progressive policy. Items that we've been talking about it's got some. Gop leaders incensed not surprisingly this week. Senator mitch mcconnell said quote over a short few months. The biden officials seem to have given up on selling actual unity in favor of catnip for their liberal base And you both mentioned this a bit earlier but tell us more anita about how republicans are reacting to president biden's progressive agenda. While i think some of them are surprised. And we've heard You senator mcconnell and other stay look. This isn't what he campaigned on. And it's really not some of. That's not what he campaigned on. He you know said that he wanted to sit down with republicans and and compromise and work things out. But i think what's happened is as he's come into office and he's surrounded by a lot of Staffers that worked with him. In the obama administration is there. Were really remembering what happened at that time. Which is president. Obama tried alongside vice president joe biden then to really work with republicans and many times. It just didn't work out You know they were. They came to an impasse. Things were delayed and talking to people around this president prison biden. I understand that he feels. This need to hurry up. And get things done and even if he can't get republicans support so be it. He would rather accomplish something with just democratic support. Then nothing Sitting there trying to work with republicans. So it's a real balancing act for him and i'm sure it's it's the source of some frustration. Because he does. He does come from that background. He did spend thirty six years in the senate trying to work across the aisle on some of those issues Seen criticism from republicans and it really remains to be seen here in these next few weeks on some of these spending bills. What's going to happen. republicans sent over something to the white house. That democrats quickly said was not a serious proposal it was much much smaller But present biden has invited members of congress to come over again. He'll meet with the leaders of the house and senate both parties on a couple of weeks so there is that conversation but what happened with that remains to be seen it. They do seem to be sticking to kind of you know like talking about division instead of putting forward proposals or talking about what's wrong with the biden proposal. i mean. did they have an argument. About why child care should not be subsidized or why community. College shouldn't be subsidized in the past. They have made these arguments. But i haven't been hearing them lately. I think it's been hard And my colleagues on the hill. Kind of pointed this out. He's been hard for them to focus their criticism on president biden tougher than say president. Obama up for several different reasons in one. One of the reasons is that they many of them worked with him for a very long time in the senate and they know him and he has a different sort of reputation as this sort of your uncle. Joe You get along with your uncle. Joe kind of you know persona But they have talked about some criticisms. Mostly it's a philosophical disagreement that we've seen from republicans and democrats. They've had this sort of philosophical disagreement. On how big the spending should be One of the things. They're saying it's just too much. They also are disagreeing with some of the things in these plans and of course They disagree on how to pay for. They do not think that some of these tax increases should be pushed through to pay for the plan so there are huge disagreements on all three of those issues. A recent poll from nbc news found that voters find president biden more moderate than president obama at this stage of his presidency Even though you know it's very clear we can see. The president biden is pursuing much more liberal policy so sung men. Why.
WBAP 820AM
"president joe biden" Discussed on WBAP 820AM
"Chevrolet. President Joe Biden will issue executive orders today. Honing in on changes he wants to see regarding current immigration policies. Correspondent David Spot report will establish a task force that would reunite families separated out the border Administration officials. No, this is no easy task, especially making proper identification is to get those families back together as soon as possible. The U. S Senate is expected to confirm Alejandro My York US as the next homeland Security secretary, then Vice president Kamila Harris will swear my Yorkis inlay. Here at the White House. I'm told he will be heavily involved in this reunification task force. The president also expected to sign an order that looks at the root causes of illegal immigration while at the same time setting up more humane conditions at the border. Over my orcas. His confirmation is getting some pushback on Capitol Hill. Senate Minority Leader Mitch McConnell said he doesn't think my artist should be the next secretary of Homeland security, admitting that the issue is not from lack of experience, which my Orkest has not exactly. Mr New York US is all too familiar with the levers of power that control US immigration law. The problem is when he shows him to pull those levers and for whose benefit Connell claims May or Kiss has abused his power in the past May orcas served in DHS under the Obama administration, first as director of U. S citizenship, then as deputy secretary on the push to vaccinate North Texans from Covert 19 continues the drive. Thru covered 19 vaccination site and Denton County Open at Texas Motor Speedway this morning. County Health director Matt Richardson says the 131 acre site is critical to administrating shots quickly or 16 lanes.
KCRW
"president joe biden" Discussed on KCRW
"First President Joe Biden by executive Order is cracking down on the privately owned prison industry. Marketplaces dancing martial dancer joins us from Washington with more on what the president wants fixed. Biden says they're under performing facilities run by the government in areas like correctional services programs and resource is by now also says they're not as safe as government run facilities. The executive order, says. Quote We must reduce profit based incentives to incarcerate so it instructs the Justice Department not to renew contracts with privately run prisons. And early reaction from prison companies. I reached out to one big prison operator Geo Group. They sent me a statement, which said Biden's executive order is quote a solution in search of a problem. The statement also says Geo prisons are newer than federally run facilities and help prevent overcrowding in federal prisons. But there will remain Nancy a relationship between the federal government and private prison firms. Yes, The executive order does not cover the Department of Homeland Security, and it has jurisdiction over detention centers for undocumented immigrants. Some of them will continue to be run by private companies. Civil rights activists are not happy about that. And they were also disappointed that Biden didn't mention policing were criminal justice reforms. But White House domestic policy adviser Susan Rice says this is just to start and President Biden will work with Congress to do more. All right, Nancy. Thank you Profits that Boeing last quarter. The correct word is losses. There was news today of the worst ever quarterly loss for that aerospace giant the pandemic travel downturn. Course, is part of that. And the new 7 77 X jet liner they have will be late 2023 instead of next year, the stock is down 3.3% now Microsoft profits late yesterday up 17% from a year earlier, with all the remote computing services and Video gaming stuff that it's selling during pandemic. That stock is up 3%. The stock market in general down, but at the moment, not down as it was, the Dow is off by 311 points. 1% smp down 1% as well. The NASDAQ composite is down 7/10 percent. The Federal Reserve briefs on interest rates in the economy in just over three hours. Marketplace Morning reporters.
Quick News Daily Podcast
"president joe biden" Discussed on Quick News Daily Podcast
"To Kim jong hoon because he feels like it on twitter. Justin geno safer in that spirit. It's going to be a bit of a lighter. Show today as we just try to keep up with what biden's been doing. He's still on an absolute tear. So there's a lot to get through. And i'm excited to talk about it. So let's get into it. We learned some more exact specifics in a press conference. That biden held yesterday about all the executive orders that he was signing specifically. There was the one about the mask mandate that requires them to be worn on planes trains and buses that go between states. It seems that flight attendants are especially happy or at least the one in this. Npr article is according to. Taylor garland the spokeswoman for the association of flight attendants the attendance have been pretty scared to enforce their companies mask rule because they could really only threatened passengers with the most severe penalty being banning them from future flights. Now personally that. Sounds like a pretty hefty punishment myself but these anti masters different breed for example just for breaking the masking requirements. Delta has banned over eight hundred eighty passengers united has banned over six hundred and alaska has banned over three hundred again just for breaking the masking rules. This lack of real punishment is a problem because as you can imagine anti massacres verbally end or physically abusive towards the attendance. I know shocking right. However now that it's a federal crime it bumps the penalties up a little bit for assaulting other passengers or crew. The punishment is either a fine which can be up to thirty five thousand dollars or even getting jailed which makes sense. That's what would happen if you were finding someone on the ground. I would think garlan says that quote when the government establishes a requirement or a law people. Listen people will respond to the law more so than a specific airline policy or flight attendant asking as for the safety of traveling on when it comes to covid. he aviation public health initiative a p. h. i. At the harvard school of public health did a study. And they found that with universal mask. Use physical distancing and a hiba happe-. Agp a ventilation filtration system which is like what they have an operating rooms. There's a less than one percent chance of infection from covid from respiratory particles. I just have a couple of questions. I i know it's harvard but i wonder what the motivation is here. Is this in any way funded by the airline industry which is really hurting in could benefit from good studies. Also ted cruz went to harvard so second. It says universal masks so i wonder if these tests were done under all conditions or just ideal conditions. Although this new law should help get everyone to wear masks on the planes. So that's not as much of a work anymore. Lastly it makes a point to say respiratory infection in maybe that's what any covert infection is actually classified as but is that one percent just for respiratory infection. And there's maybe like other ways that you can get it. I guess. I'm just not sure but seems like a chance of less than one percent is. Were really really low if it is true though. Let's get these filtration systems in any place at we can. Speaking of covid biden held his first news conference briefing on his plan to fight the virus yesterday and it could not have been more different than the nightmares that we went through last year. He didn't tell us to drink bleach or inject ourselves with uv light. So right off the bat. That's a good start. He didn't use tremendous or fantastic for every other word biden tells how strongly he was doing things or how he was strongly looking into things and frankly he was just honest he said things like this will get worse before it gets better. We have months to go it cetera. Et cetera. you know the truth heck even made dr fauci one of the stars of the briefing instead of hiding him. So he couldn't tell the truth about she tried not to speak ill of trump. Because really. I don't think the man has an evil bone in his body. But you could just tell that he was happier. He even said quote the idea that you can get up here and talk about what you know. What the evidence is what the science is. Let the science speak. It is somewhat of a liberating feeling. He was also a very excited about biden telling him that from now on they be quote completely transparent open and honest another rule that came out of those executive orders. Yesterday was the international travelers flying to the us have to test negative for covid before they can even get on a plane to come here and when they get here they'll be asked to self quarantine since this npr article says asked to self quarantine. I'm not sure if that's an npr thing or if it is like the actual wording and in that case it doesn't sound like it'll be enforced necessarily but more of a strong request switching gears a bit from covid. I mentioned yesterday that there wasn't executive order that protected federal lands in federal waters. And i think this next story may have come as a result of that biden has temporarily suspended oil and gas permits on federal lands and in federal waters for the next sixty days. This is officially to review the legal policy consequences of the federal minerals leasing program. This is significant because these leases account for twenty five percent of the crude oil output of the us ten percent of the oil and gas supply for the us. So that means we must export like fifteen percent because twenty five is not the same as ten but it also does create twenty five percent of us greenhouse gas emissions. The extra layer to this. Is that big. Oil companies have been stockpiling permits. Just in case. This very thing happened in the article. One company said that they have about four years worth of them. One of the companies also responded by saying this will lead to quote more reliance on foreign energy and quote mother correct response to that is so what oil prices went. Negative this past summer. Saudi arabia couldn't give away their oil. Oil just isn't expensive anymore. I do want to be sensitive since industry has a lot of jobs attached to it still but the truth is that the world is moving away from fossil fuels into we can't fall behind. That's also part of the reason that saudi arabia had such trouble. Getting rid of their oil countries. Just weren't buying as much anymore especially with all the lockdowns but again obviously losing any number of those jobs will be terrible so we need to find a way to transition them and give these companies that are currently producing oil incentives to produce. I don't know some sort of renewable energy that way everyone stays employed and we move ahead with the rest of the world in terms of biden. Getting his nominees confirmed. I completely forgot to mention yesterday. Then admiral hanes was officially the first person who was confirmed to biden's cabinet. She's now the director of national intelligence making her the first woman to hold that position so congrats to her. It also looks like by getting some more help in terms of his national defense retired army. General lloyd austin got. His waiver approved which means that. He's now eligible to become the secretary of defense. The vote for that is expected as early as today and hopefully it. Hardy happened by the time. You hear this general austin needed that waiver because he retired from the military for years ago. But the law says that you have to be out of the service for seven years before you're eligible unless you get a congressional waiver that is although i think that some democrats may actually ended up voting. No because they don't want to bend the rules like this again they didn't like doing it for is four years ago but the votes to approve his waiver passed overwhelmingly and with a large amount of support from both parties according to npr. Hearing that. I imagine that he won't have any trouble. Getting to fifty one votes in the senate for confirmation just as a quick refresher the reason that you have to be out seven years is because technically this is supposed to be a civilian role a civilian is supposed to lead the armed forces and now after hearing more about it. I do get the desire for the civilian leadership aspect of it more than when i first talked about it for one. The rivalries between the branches of the military are in fact real. So having someone from the army might make the navy mad or whatever. The case could be also. The secretary of defense role has a lot to do with budgets. it's not just like strategy and pure military tactics. there's just a lot of numbers in also regular administrative jobs. And i'm not calling these generals done by any stretch but that can just be a lot for someone who isn't used to that. They're essentially the ceo of the armed forces that said if someone's qualified.
The Breakdown with Shaun King
"president joe biden" Discussed on The Breakdown with Shaun King
"It's official donald. Trump is no longer the president of the united states. As i speak. Joe biden and kamala harris are being inaugurated are being sworn in to their positions and we are about to enter a very new era of national politics of federal politics. I don't expect that it will be easy. In any way we have over-simplified our problems in the sense that we have blamed many of our deep systemic problems that predated trump. We have blamed many of those things on him including police. Brutality mass incarceration when those things were fully entrenched before he ever took office. But i want to say. And i want to talk about this this one thing today. I wanna say the one reason why. I'm going to have a serious degree of grace and patients with both joe biden and kamala harris. That i think a year ago. I probably would not have offered. Had the two of them been sworn in but a lot has happened over the past year. Let me tell you why. I'm going to have grace as they began this extremely difficult journey. Let me unpack and explain it. This is shaun king. You're listening to the breakdown. The breakdown the breakdown. If you've ever listened to this podcast or if you follow me on social media you've ever seen or heard me on the campaign trail for bernie sanders you know that. I've been a huge huge critic of joe biden and in particular. I've been a huge critic of his is policies and history and and kind of problematic past on issues of mass incarceration the war on drugs and policing and win this presidential campaign particularly we go all the way back almost two years now on the democratic primaries i started <hes> there was no coronavirus pandemic. There had been no attack on the american capital and the four hundred thousand plus people who've now died over the past nine months they were they were all alive and what has happened to our nation over the past year truly makes it arguably one of the most difficult years in modern american history of certainly over the past few generations at the very least. It's just been an unspeakably difficult year. And the truth. Is that all of the things that made twenty twenty so hard as we saw just continued into twenty twenty one now with trump out of office and with him off of twitter and i. That's no small thing. I i wasn't. I was on break from the podcast when he was booted from twitter and didn't get really didn't get a chance to really unpack it but having him off of twitter is damn near as big as having him out of the white house. Twitter was his superpower and with him no longer their misinformation and hate and so much other things so many other things just plummeted all over social media particularly on twitter. He he we now. Fully understand was the epicenter of hate and misinformation on that platform. And when you remove him all of a sudden so many other negative metrics plummeted as well now hate and racism and bigotry. Don't disappear when you remove him from twitter. But having trump out of office without the power of that position about the power to appoint judges and supreme court justices and cabinet members and white house staffers in without the power of executive actions without him and his incompetent team overseeing the a horrible response to the coronavirus pandemic a competent team can now be put in place and so a lot of the things that made twenty twenty difficult. Some of those things continue into twenty twenty one though with trump out of office his administration out of office and with him off of twitter. I think there are some things that will get better with that sale. Joe biden comma. Harris are literally about to begin. What i think will be the most difficult presidency in our lifetime
KIRO Radio 97.3 FM
"president joe biden" Discussed on KIRO Radio 97.3 FM
"Monuments, bridges, buildings and streets surrounding the White House. The U. S Capitol and the National Mall are surrounded with an unprecedented amount of security 25,000 National Guardsmen have been authorized to help local and federal law enforcement protect against threats from domestic violent extremists. In the days leading up to and just after January. 20th authorities are not taking any chances after the nightmare January 6th Capitol attack Chilling footage shot by a New Yorker magazine reporter who happened to follow some extremists as they broke into the capital has just been made public service that day has had dramatic repercussions about the disastrous security response. Lack of communication between law enforcement agencies and President Trump, who was impeached again by the House this time for inciting an insurrection. Incoming President Joe Biden is already looking ahead to the overwhelming challenges he faces fixing a battered economy. Restoring our reputation around the world and repairing the deep racial and cultural divisions within America. But his first priority, according to our CBS News poll, taking aggressive action to help bring the Coben 19 pandemic to end end we'll talk with President elect Binds Pick for the CDC, Dr Rochelle Walensky and former FDA commissioner Dr Scott's out, Lee House Intelligence Committee chairman Adam Schiff, West Virginia Republican Governor Jim Justice and ST Paul. Minnesota Mayor Melvin Carter will also be with us. It's all just ahead on face the nation Good morning and welcome to face the nation. Tensions are running high here in Washington.