35 Burst results for "Ten Years Ago"
WTOP
"ten years ago" Discussed on WTOP
"But some writers may not jump on that while the striking Actors Union is still fighting for a new contract. That's KCBS's Jeff Nguyen. up Coming after traffic and weather. Will a shutdown shut down your travel plans? I'm Jeff Glabel. Plus, the Ukrainian strike on the Russian military yields a big result. 536. Wesley Financial Group is law not a firm. This story is called the ugly truth about timeshare. If you think you've done your family a favor by buying a timeshare, you need my help. Hello, I'm Chuck McDowell, CEO and founder of Wesley Financial Group. Ten years ago, I started helping folks cancel their timeshare and in the process started what's now called the timeshare industry. cancellation Timeshare is the only thing that you can buy that you can't tell me how much it's going to cost or when it's going to end. When you buy a timeshare, you give them a blank check to fill out any amount they want for annual maintenance and assessment fees. The crazy thing is this never ends. Even when you die, your family's now going to be stuck with this burden. Stop the insanity today. Call my office now. If we take years of client, I guarantee we'll cancel your timeshare or you'll pay nothing. Call for your free information kit. 800 -990 -3434. 800 -990 Here's Mario Orsini, Associate Director Security of with Raytheon Intelligence & Space When our nation needs the best in cybersecurity, they look to RTX. We are currently hiring in Northern Virginia for software engineers, CNO developers, and vulnerability researchers with TSSCI and electrical engineers, system engineers, and network engineers with TSSCI with Poly. Join us and make a difference. Apply today at rtx .com slash cybercareers. That's rtx .com slash cybercareers. A new Academy Sports and Outdoors is coming to Fredericksburg with great brands at the best prices, from sports equipment to outdoor gear and apparel and footwear Academy is all about bringing the fun and your store is coming soon to Fredericksburg. Until then, check out academy .com. It's 5 38. Traffic
Stuff You Should Know
A highlight from Selects: Cockney Rhyming Slang: Beautiful Gibberish
"Hello everybody, the Xfinity 10G network was made for streaming giving you an incredible viewing experience now You can stream all of your favorite live sports shows and movies with way less buffering freezing and lagging Thanks to the next generation Xfinity 10G network You get a reliable connection so you can sit back relax and enjoy your favorite entertainment Get way more into what you're into when you stream on the Xfinity 10G network learn more at Xfinity .com Hey everyone the new fully electric 7 -seat Volvo EX90 comes with the latest technology to help keep you and those around you safe because hey We're all human and distractions can happen even when we're behind the wheel That's why the Volvo EX90's two sensor driver Understanding system is designed to prevent distractions by helping you stay focused by detecting when you're driving drowsy or distracted So the car can alert you safety comfort and fully electric reserve your Volvo EX90 today learn more at Volvo cars com slash us Everybody it's your old pal Josh and for this week's select. I've chosen our episode from November of 2019 on cockney rhyming slang. This is one of those silly episodes That's also packed with a lot of interesting information and I remember Chuck and I having fun making it So I hope you'll enjoy listening to it, too enjoy Welcome to stuff you should know production of I heart radio And welcome to the podcast I'm Josh Clark and there's Charles W. Chuck Bryant right there. There's Jerry Roland right there So that makes this stuff. You should know right Can't top that I was trying to think a way to say welcome to the podcast in cockney rhyming slang Can you make an attempt my I'm my brain is so broken right now. I can't even try. Okay, good good Well, welcome. It's a good good time to record a show You're gonna do some cockney in here, right? We want to offend as many Londoners as we can I don't know just just channel a little Dick Van Dyke. Oh You know Yeah, the American Doing a bad cockney accent. Well, I did recently rewatch the limey Yes Casey's for benefit. Yeah, the great great movie from Steven Soderbergh. Never seen it. It's awesome. Is it really? Yeah, I mean, I know it's like a classic and everybody loves it. But I mean, it's really that good Yeah, because a lot of people liked I don't know the hangover. I Like the hangover. Well, how would you how would you like the limey and the hangover same level? Yeah, they're the same movie almost. All right, it's weird. Well, then I've seen the hangover so I don't need to see the limey Lemmy's great and Terence stamp is Awesome, and it then uses some cockney rhyming slang and one great scene My big exposure to cockney rhyming slang is lock stock in two smoking barrels Snatch. Yeah, which I think are both directed by Guy Ritchie, right? Wasn't lock stock like his first attempt and snatch was the one that like Got him married to Madonna you a fan of his yeah, I mean as much as I Like his movies, I don't like him personally necessarily cuz he like hunts bore like a jackass does it like yeah No drunk with his friends in the most like disrespectful way of murdering a pig. I admit his movies But yeah, I do like his movie sounds like he's a creep, too I'm not gonna go on record saying that but Yeah, those movies are okay and then I guess what's his name Don Cheadle a little bit in Oceans 11 sure he did a little bit of that right and I mean like It's code to Americans. It's oh, there's like a criminal a British criminal, right? That's all that means these days Yeah, I think so in movies. It's definitely Like all of those are criminal right criminal people in the movies They're like, you know kind of slick cool criminals that wear leather coats and stuff like that Not dumb criminals that wear like football jerseys or anything like that. They're like, you know smooth criminals That's I think what I was looking for. Yeah, but This this idea of associating it with cockney is not necessarily associating it with criminals. It's more associated with like Lower class working class less educated definitely not the aristocracy over in Britain yeah, or the upper class sure and that by by speaking with a cockney accent or More to the point using cockney rhyming slang you could really differentiate yourself To as a point of pride, right? Like you were speaking like your group your in -group which was at the time cockney, right? But the big surprise to all this is it's really possible and even probable that it wasn't the cockney that came up with this Rhyming slang that it was somebody else altogether. Maybe who knows should we say what it is? No Not for the rest of the podcast cockney rhyming slang Wasn't even Very clearly defined in this piece. Okay, did you think it was? It's in there. Okay, you got to just kind of separate the wheat from the chaff So it is a two -word phrase and is a slang phrase Consisting of two words so far so good where the last word of that phrase rhymes with the original word and It can be and I think the best way to do this is just to throw out a few no. No keep describing Well, the two -word phrase it can be it can be a lot of things it can be a person's name It can be just something random can be a place could be a place. It could be a lot of things it can be anything Yeah, sure. I guess it can be But shall we illustrate it through? Well, there's a second part to it. Okay, the second part and this is very important the Two -word phrase that you're using to that where the second one rhymes with the word you're actually saying Yeah, the original word the original word. Thank you Usually has nothing to do with it. There's no metaphor. There's no connection. There's no Nothing, there's no there's no context to it It's supposed to just be random or in most cases. It is just random words right one of which rhymes with the word you're replacing and To further complicate things sure In a lot of cases and no one knows why sometimes this happens and sometimes it doesn't a lot of times that one of the words Of the two -word phrase is dropped. Yeah, and then you're just left with the one word Which doesn't even rhyme with the original word anymore, right? That's I mean, that's probably the best description of cockney rhyming slang anyone's ever given So I think we should illustrate it with a couple of examples. I pulled some from From something called the internet Here here's one the the tip and tete That's how long it took me to come up with that Tip and tete for internet, but in ten years, it'll just be called the tip I'm gonna log on to the tip governor So let's say your word was and this was in oceans 11 specifically trouble is the word that you're trying to say Cockney rhyming slang for trouble is Barney rubble awesome And so you would say you're making a bit of the bonnie rubble again, right when somebody that was kind of Who was that? Making a bit of bonnie rubble not the see I already did it wrong No, but I think you that's not like a real person to an American for sure. Oh, yeah Um, I can't I can't I'll shout it out. Later. Oh, man. I finally did a good one No, but it wasn't a cockney person, okay for Another example Queen They would use the term baked bean Look who's on TV. It's the baked bean And that's the Queen. I like that one or in the case of one that's been dropped What is Ed use here bees and honey? That one is not dropped for money. Okay, but which one was apples and pears right? Right, so you would say I'm gonna go up the apple and stairs Apples and pears. Oh, man Let me retake this everybody You would say I'm going to go up the apples and pears to go get my wallet to pay for this pizza Or something to that effect. Okay, but then over time people drop the pears And so now the word for stairs in cockney rhyming slang is just apples Which if you're just standing there on the outside like a normal American bloke sure, which by the way means person You have no idea why this person just called stairs apples You got what they were saying because the context is there you're going up the apples to get your wallet to pay for the pizza But why would you just say that did you did you hit your head? Is there something wrong with you? What's the problem? Why would you just call that apples? Yeah, that's why it's so confounding But the great thing about cockney rhyming slang and in particular the great thing about researching cockney rhyming slang is you learn How you get from apples to stairs and then it makes sense sometimes Yeah, that's true. It's not always. Yeah, sometimes there's It's not documented which ed points out is one of the problems sometimes you can draw the line the through line But because it's not documented and sometimes these things take years and years to morph into its final version right unless you unless you're you know on the What would you call street on the dole? No on the streets, then I wouldn't know but I don't know what streets is you can't just make stuff up like there's real words I'm the drums and beats So you're on the drums right, but they probably have a word for streets like that's the whole point You can't just make anything up, but the you could if it hasn't been taken yet sure Also, that's the other thing about cockney rhyming slang is it evolves right so old celebrities that that no one even knows about anymore Fall away to new celebrities whose name also rhyme with you know whatever word you're saying right? I thought you meant old celebrities who maybe used to talk this way like Michael Caine no He's never said any rhyming slang in his life. No of course you got to see the movie Alfie Maybe that's who it was it might have been Michael Caine. I'll take that Michael Caine. I think it was as a matter of fact Thank you, I'm glad you did it. Noel always says a good joke is to say Michael Caine in the correct accent say the words my cocaine And it sounds like Michael Caine saying it then it sounds like that the correct accent for Michael Caine all right say it my cocaine Well you just blew that one out of the water You Gotta set me up in the future Okay, well there's I've got it two ways now, man, okay, here's the thing my cocaine That's my cocaine That's pretty good Michael Caine. It is good. You're right. No. You just got to say it the right way and not like a robot Josh So here's that one of the things is sort of confounding if you want to look up a like a glossary and Say well, here's what I'm gonna. Do I'm gonna learn cockney rhyming slang so for my trip to England I'm really you know. I'm really in with everybody First of all bad idea yeah second of all it's it can be very localized Mm -hmm and the accents are all different Yeah, so even people in London sure who both who all use well people in London Do but the people who use cockney rhyming slang in London yeah might not even agree on what word is means What I'm just picturing all the people walking around England laughing their arses off. I can't wait to get to that one As we stumble through this um yeah, it had a really good Example of why there's no codification of the cockney rhyming slang He said that when people are creating a language especially informal ones like slang They don't write it all down quote dear diary referred to my house as a cat and mouse today because it rhymed We all had a good laugh might try. Just calling it cat tomorrow and see how it goes It is it sounds funny, but that's that's how it works stumbling across the diaries And here's the other thing too is there are cases where there is a little bit of a reflection of the original word and the example that it gives here is twist Yeah, like to call a woman a twist mm -hmm Which I don't know if that's derogatory or not or just some weird slang that no one uses anymore I don't think so although I don't know so yeah these are also the people who use the C word like it's nothing Man I can't wait to go back there Which we're gonna do soonish right? I'd love to do in 2020. Maybe yeah, all right So twist came from twist and twirl which meant girl which is They were talking about like dancing with a girl twisting and twirling in a nightclub Let's say so there is some connection in that one. Yeah, so girl and ended up becoming twist So that sort of makes sense there's another one called on your Todd After a guy named Todd Sloan and it means on your own Right and the thing is is like on your Todd it makes sense Sloan rhymes with own It doesn't have to have any connection, but that one actually does yeah Cuz Todd Sloan was a famous jockey in the 19th century like horse jockey. Yes, okay? What other kind is there disc jockeys? Oh, yeah, sure So his book his memoir was called Todd Sloan by himself Which is weird to refer to yourself in third person for your memoir Hmm, but there was a line in it that apparently East End East Enders in London like really picked up I was left alone by those. I never ceased to grieve for It's still like the idea of being alone or on your own Became synonymous with Todd Sloan his name just happened to rhyme with that So it's one of those rare ones where there is a connection to it and also rare Chuck in that This is a 19th century horse jockey and still today on your Todd is recognized as on your own Whereas a lot of people probably have no idea exactly who he is and when that happens That frequently that person gets moved out for potentially another celebrity or another word That's a little more understandable or recognized another new jockey two people today, right? Yeah exactly which can you name one? Nope? Nope Alright, maybe we should take a break and we'll talk about some of the other some other examples after this message In a world where modern technology is rapidly reshaping our day -to -day lives the new podcast Technically speaking an Intel podcast uncovers the remarkable ways tech is improving our livelihood across the globe brought to you by Ruby Studios from I heart media in partnership with Intel technically speaking is your passport to the forefront of AI's marvels in modern technology each episode will Take you on a riveting journey as you discover the awe -inspiring innovations of our modern world from game -changing innovations Revolutionizing early cancer detection to AI software that detects pests on crops that can be detrimental to seasonal yields tune in for Conversations that are shaping tomorrow today.
Bloomberg Radio New York - Recording Feed
Monitor Show 07:00 09-22-2023 07:00
"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. This is Bloomberg Radio. We still think rates are somewhat too high over the long run. As long as the politics lets the U .S. be exceptional, you can have higher yields and a stronger dollar. Turning to the U .S., we are a lot weaker than consensus with U .S. growth. Inflation expectations are fairly well behaved for consumers. What we're seeing is the lagged impact of fairly aggressive monetary tightening really starting to bite. This is Bloomberg Surveillance with Tom Keane, Jonathan Farrow and Lisa Abramowitz. This is Bloomberg Surveillance live from the city of London for our audience worldwide. Good morning. Good morning. Alongside Tom Keane and Lisa Abramowitz, I'm Jonathan Farrow, your equity market positive here by 0 .2%. It's been a rough, dicey couple of days in this market. Let's put it all together. Biggest one -day loss on the S &P 500 in about six months, yields we haven't seen for more than a decade, cycle highs on a ten -year, on a two -year. This morning in today's session in Asian trading, we went through $4 .50 briefly on a ten -year. We come back about a basis point, $4 .48. TK, putting it all together, what a ride it's been over the last few trading days. I'm going to go away from the equity market. I really take issue with the worry and the doom and gloom on equities. It's barely a pullback here with a VIX at 17 .12, I believe, as a level. You think we had a 20, a 22, a 25 VIX. We got nothing. It's been resilient equity markets with the bounce back today. In the other areas, you're right, John, in foreign exchange, I can tell you it's an interesting study. It's not one or two pairs. It's like 10 or 12 pairs you can study. Sara Velles with us from Deutsche Bank.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Relief in Bitcoin Pressure, Stablecoin Concerns, and South Korea's Offshore Holdings
"This episode of Markets Daily is sponsored by Kraken. It's Thursday, September 21st, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Crypto's Macro Now newsletter on Substat. On today's show, we're talking about some relief in potential Bitcoin selling pressure, renewed concerns about crypto's largest stablecoin, and South Korean offshore crypto holdings. So you don't miss an episode, be sure to follow the podcast on your platform of choice. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Assets around the world reacted with surprise yesterday at the FOMC statement that left U .S. rates unchanged, but that also loudly signaled that U .S. rates will remain higher for longer. Among the more surprising moves was the lifting of the FOMC projection for the Fed funds rate at the end of 2024. This has moved up to 5 .1 % from 4 .6%, effectively taking two rate cuts off the trading at $26 ,415, according to CoinDesk indices. Ether was down 3 .3%, trading at $1 ,577. Despite declining correlations, macro sentiment still weighs heavily on crypto markets. Higher rates weaken the short -term investment case by reducing overall monetary liquidity. This especially hurts long duration, high volatility assets. A stronger dollar further impacts the crypto market by pushing up the denominator of the most often traded pair, which is Bitcoin in U .S. dollar terms. And low -risk yields of over 5%, such as those available in some U .S. treasuries and money market funds, are likely to incentivize a preference for safer assets. In traditional markets, U .S. stocks and bonds moved to a higher -for -longer stance. The S &P 500 closed down 0 .9 % yesterday and looks weak in trading today. It is currently down a further 1 % from yesterday's close. The Nasdaq is faring somewhat worse, down 1 .4%, while the Dow Jones is down 0 .6%. Bond yields shot up yesterday in reaction to the FOMC messaging, with both the two -year and ten -year Treasury yields reaching their highest levels since 2006 and 2007, respectively. After falling in sympathy with their U .S. cousins at the open today, U .K. stocks have largely been recovering this morning, with the FTSE 100 up almost 0 .5 % from the open. Investors appear to be encouraged by the Bank of England's decision to cause rate hikes for the first time in nearly two years, despite inflation at 6 .7%. Concern about the state of the U .K. economy no doubt weighed on that decision. Last week, we saw U .K. GDP and industrial production data amid notably worse than expected. And while inflation is still a serious problem, it seems to be heading in the right direction. European stocks have unfortunately not had a similar boost. Both the DAX and the EuroStock 600 are down over 1 .1 % on the day. In Asia, Japan's Nikkei index followed Wall Street down, dropping 1 .4%. The Bank of Japan announces its decision on rates tomorrow, but consensus forecasts are signaling no change. China stocks were also weak. The Shanghai Composite fell by almost 0 .8%, while the Hang Seng fell almost 1 .3%. In commodities, the Brent crude benchmark slid earlier this morning, as concerns about global economic growth weakened the demand outlook. At one stage, the price had dropped to below $93 per barrel. It has since rebounded, and is currently just above $94. Gold took on board the climb in the U .S. dollar by retreating off its multi -week highs. Earlier today, it was trading at around $1 ,925 per ounce. Stay tuned. After the break, we'll take a look at Bitcoin's sellering pressure, weather concern again, and offshore crypto holdings.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Relief in Bitcoin Pressure, Stablecoin Concerns, and South Korea's Offshore Holdings
"This episode of Markets Daily is sponsored by Kraken. It's Thursday, September 21st, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Crypto's Macro Now newsletter on Substat. On today's show, we're talking about some relief in potential Bitcoin selling pressure, renewed concerns about crypto's largest stablecoin, and South Korean offshore crypto holdings. So you don't miss an episode, be sure to follow the podcast on your platform of choice. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Assets around the world reacted with surprise yesterday at the FOMC statement that left U .S. rates unchanged, but that also loudly signaled that U .S. rates will remain higher for longer. Among the more surprising moves was the lifting of the FOMC projection for the Fed funds rate at the end of 2024. This has moved up to 5 .1 % from 4 .6%, effectively taking two rate cuts off the trading at $26 ,415, according to CoinDesk indices. Ether was down 3 .3%, trading at $1 ,577. Despite declining correlations, macro sentiment still weighs heavily on crypto markets. Higher rates weaken the short -term investment case by reducing overall monetary liquidity. This especially hurts long duration, high volatility assets. A stronger dollar further impacts the crypto market by pushing up the denominator of the most often traded pair, which is Bitcoin in U .S. dollar terms. And low -risk yields of over 5%, such as those available in some U .S. treasuries and money market funds, are likely to incentivize a preference for safer assets. In traditional markets, U .S. stocks and bonds moved to a higher -for -longer stance. The S &P 500 closed down 0 .9 % yesterday and looks weak in trading today. It is currently down a further 1 % from yesterday's close. The Nasdaq is faring somewhat worse, down 1 .4%, while the Dow Jones is down 0 .6%. Bond yields shot up yesterday in reaction to the FOMC messaging, with both the two -year and ten -year Treasury yields reaching their highest levels since 2006 and 2007, respectively. After falling in sympathy with their U .S. cousins at the open today, U .K. stocks have largely been recovering this morning, with the FTSE 100 up almost 0 .5 % from the open. Investors appear to be encouraged by the Bank of England's decision to cause rate hikes for the first time in nearly two years, despite inflation at 6 .7%. Concern about the state of the U .K. economy no doubt weighed on that decision. Last week, we saw U .K. GDP and industrial production data amid notably worse than expected. And while inflation is still a serious problem, it seems to be heading in the right direction. European stocks have unfortunately not had a similar boost. Both the DAX and the EuroStock 600 are down over 1 .1 % on the day. In Asia, Japan's Nikkei index followed Wall Street down, dropping 1 .4%. The Bank of Japan announces its decision on rates tomorrow, but consensus forecasts are signaling no change. China stocks were also weak. The Shanghai Composite fell by almost 0 .8%, while the Hang Seng fell almost 1 .3%. In commodities, the Brent crude benchmark slid earlier this morning, as concerns about global economic growth weakened the demand outlook. At one stage, the price had dropped to below $93 per barrel. It has since rebounded, and is currently just above $94. Gold took on board the climb in the U .S. dollar by retreating off its multi -week highs. Earlier today, it was trading at around $1 ,925 per ounce. Stay tuned. After the break, we'll take a look at Bitcoin's sellering pressure, weather concern again, and offshore crypto holdings.
Bloomberg Radio New York - Recording Feed
Monitor Show 00:00 09-20-2023 00:00
"Interactive brokers clients earn up to USD 4 .83 % on their uninvested instantly available cash balances rates subject to change visit ibkr .com slash interest rates to learn more here the full conversation on the latest edition of the masters in business podcast subscribe on Apple Spotify and anywhere else you get your podcasts plus listen anytime on the broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act this is Bloomberg radio this is public daybreak Middle East and Africa our top stories this morning it's that day the central bank is expected to pause but leave the door open for another increase as early as November five and ten year Treasury yields hit levels not seen since 2007 amid higher for longer fear oils recent rally will certainly be a cause of concern for the FOMC meanwhile sources tell Bloomberg that one single trading firm is behind the recent price up in the u .s. physical crude market inflation also in focus for the UK this morning with CPI data due in a couple of hours expected increase will make the Bank of England's already difficult job even harder we're gonna go live to London later this show and Saudi Arabia's football spending spree may have transformed it into one of the world's biggest transfer markets league games are averaging just eight and a half thousand spectators and then highlights just how far it has to go just got 8 a .m. across the emirates 6 a .m.
The Bitboy Crypto Podcast
A highlight from Are Millionaires Buying Bitcoin? (Time Is Running Out)
"Seven out of 22 private families have already deployed some of their money into Bitcoin or crypto that is seven out of 22 Call it a third tiny tiny bits two and a half million dollar allocation 397 ,000 families requires 37 million What's up everybody welcome to another Saturday edition of the alpha series with myself Kelly Kellum director the bit lab Academy I'm so excited to have an incredible guest on today. Another one. Mr Gary Cardone and we're gonna be diving into that here in a few moments And if you want to watch the full length of this interview The link is in the description down below and you also see a link at the end of this video Stick around because we have a lot that we're gonna be digging into about Bitcoin and aetherium and this digital asset ecosystem So without any further ado, it's mr. Gary Cardone. How are you doing my friend? I'm so happy to have you here Doing good, man doing good. It feels like it's the end of a week and it's only what thirsty So I've been to three states already and I think eight podcasts or some crazy number so it just keeps getting more interesting and I Think it's becoming very clear what the real opportunity is. So I'm doing good Well before we really dive into this I have to just express my gratitude for you being here I've had the opportunity to be on a number of different podcasts and spaces with you and You even kind of pulled me aside at one point we got on about our zoom call and just talking life and markets and so many people get so focused on the dollar and the you know, What is the thing that makes money and you did something that I absolutely commend in business in life? Which is who's the person who's the person underneath this? How can we how can I help you? How can you help me and I just want to say I thank you for that and I appreciate you and As we're diving into this before we even get into it What if somebody were to walk up to you on the street and pose the question or even the resistance about Bitcoin an? Opportunity that is or isn't there underlying What would be your brief sort of you know few minute? This is why whether your retail or institution? Why is Bitcoin? Despite the price action that's been going on. It might feel frustrating zoomed in on a one -hour chart Why is this something that is an absolute? Necessity for people's attention to at least pay attention to if not yet get involved in how many green lights do we need? Okay Now this is the math two and a half million dollars I have far more than two and a half million dollars and I am NOT a super hotnet war player Okay, which like I'm probably at the very bottom of the food chain Seven out of 22 private families have already deployed some of their money into Bitcoin or crypto that is seven out of 22 Call it a third tiny tiny bits two and a half million dollar allocation 397 ,000 families requires 37 million Bitcoin 37 million Bitcoin will allow a extremely wealthy guy like me to buy 92 Bitcoin. That's it So you guys consider and do the math all you want but like no everybody's thinking about the under bank We should think about the over bank. The over bank will drive this market I've been saying this forever The under bank are going to come along when this when the value of a Satoshi is somewhere between a penny and half a penny Then we'll see Satoshi's working But that means bitcoins price actually has to move so Satoshi's become something that can be exchanged In the meantime, you're gonna have a lot of tokens make up the little payment rails, right? Whether they're fake tokens or CD DC tokens or whatever tokens they are. They're gonna fill that gap until we're there So that that's my best explanation and by the way, that's before 62 millionaires across planet Earth deploy $2 ,500 So just Just $2 ,500 each for these millionaires Okay for the multi wealth the super well it's You can do it over ten years $25 ,000 a pop or you can do it all at one time. Okay, they need 5 .7 million Shit, the millionaires can't even buy $2 ,500 worth of crypto do without moving this market substantially Okay, there's not five million Bitcoin floating around So that is my thesis. Okay. I don't know any rich people that have ever found a product that They can beat their neighbor to bind like guys like us love doing that. Well, I can buy something you can't have that is awesome So I think we forget I can I think actually most high net worth players Have are already at max consumption That they look literally no more planes. They don't need anything else. I don't need anything else now. It's all just investment It's all the future so You can do that math any way you want. You can take those three hundred ninety seven thousand dollars and factor that down to 10 % I am wrong by 90 % It's still four million Bitcoin Okay, any way you work this number you can also back into it and say well The high net worth players are actually moving into an eight hundred trillion dollar market, you know I have assumed that no one even changes their allocation to eight hundred trillion.
The Hugh Hewitt Show: Highly Concentrated
Who's Feeling the Pinch? Everybody!
"Fuel prices are soaring. Who is feeling the pinch? Ask The Wall Street Journal. Well, I know who's feeling the pinch. Everybody, every single person out there is feeling the pinch. Yesterday, the Dow was off 70 points. Now, the NASDAQ and the S &P 500 eked up a win. Amazon, for whatever it look, I own two stocks, Amazon and Palantir. Palantir, because Teal started it and I figure he's a genius and it'll win someday. And Amazon simply because I like to follow one stock. I used to own Apple for many, many years. And I got, I dumped Apple because they're too, they're in bed with the Chinese. So I dumped Apple and I got Amazon and Amazon happens to be benefiting from the artificial intelligence. They're actually pretty good at it. And I see yesterday, they released a new AI product. And so they went up 2 .56%. I mean, this week has been nuts. This year has been nuts for Amazon, but they're the outliers. Unless you own AI stocks, you're just, you've been watching the market drift around a little bit. Ten -year treasury went to 4 .264 and the cost of gold stayed low at $1 ,927 an ounce. Now I've always said, my financial advice is worth nothing, but I suspect your financial advisors will tell you to diversify your portfolio. I wouldn't be surprised if they say you have 5 % in precious metals and or dirt unrelated to your house. Things that cannot go away. Things that can't disappear.
Simply Bitcoin
A highlight from Michael Saylor: Bitcoin to $5 Million is Inevitable | EP 824
"It's all going to zero against Bitcoin. It's going up for everyone. Bitcoin! You're against Bitcoin, you're against freedom. Yo! Welcome to Simba the Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution cover breaking news called dramatic warfare will be your guide through the separation of money and state today is September 14th 2023 another day in Bitcoin another day on the Bitcoin roller coaster they don't call the Bitcoin roller coaster for no reason there's ups and downs we hit 25k we're back to 26 ,697 but if you zoom out if you zoom out in the grand scheme of things if you believe in the meme 21 million divided by infinity or infinity divided by 21 million I think it is we all know we're early but there's something I want to talk about today specifically there was a very famous spaces that Michael Saylor did and I think he did it with some some legacy media people there's a huge spaces and there was three things that he said needed to happen in order for Bitcoin to 10x and then during that spaces he even said if these thing if these three things happen Bitcoin will inevitably hit five million dollars per coin now what were those three things first thing was the changing of the FASB rules right with the accounting the fair value accounting rules and that happened not too long ago we broke the news I wasn't there I had some swan duties that day but Opti and I think it was Rustin were holding it down so we covered that and then number two was large banks right I'm not talking about like small banks or you know these these Bitcoin crypto focused banks I'm talking about large banks offering institutional custody of Bitcoin of digital assets for their clients check that off that's happening you have banks all around the world whether it's Panko Santander the news that came out today which is I wanted to cover this is Deutsche Bank is applying for a license to custody digital assets for their customers and then there and the third thing which has been like the big news of this year is the BlackRock spot Bitcoin ETF or now I would even I wouldn't even call it the BlackRock just a Bitcoin spot ETF those are the three things that Michael Saylor said needed to happen in order for Bitcoin to just go parabolic into this five million you know etc etc and those things are basically already happening like the FASB check that off right that was a huge does a massive deal so check that off the list that doesn't start that doesn't start going into action until the year 2025 then you have so that's the FASB ruling then you have banks large banks cussing Bitcoin check that off the list as well really the only thing out of those three things is the BlackRock spot ETF or sorry the spot I keep saying BlackRock maybe it's a Freudian slip the spot Bitcoin ETF how long will Gary Gensler be able to delay this he got absolutely hammered in in Congress there was a hearing this week so yeah I mean this is pretty crazy and it's really interesting if you've been here for a while you know Opti and I are class of 2016 Opti's class of 2017 but it's the same epoch really you know one of the narratives that existed when Bitcoin was falling you know it fell from 20k back down to 3k and one of the coping narratives all the way down was the institutions are coming the institutions are coming the institutions are coming I think you could say without a doubt that the institutions are here you can't deny that now the thing is do the institutions have the necessary infrastructure to onboard on to Bitcoin and I think that's an open question but you can't deny that the institutions want exposure to Bitcoin that's undeniable right we broke the news the other day that BlackRock had a lot of micro strategy had a lot of exposure to public to publicly traded Bitcoin mining companies as well right so it's some very interesting stuff now here's the thing though right so yes this number go up whoop -dee -doo but remember the revolution is individuals taking back financial sovereignty by taking Bitcoin into self -custody so just because you're buying a Bitcoin spot ETF for BlackRock's Bitcoin spot ETF do Charles Schwab or Robin Hood or whatnot that that isn't real Bitcoin that's paper Bitcoin that's an IOU the only way that you get true real Bitcoin is by you know buying Bitcoin earning Bitcoin mining Bitcoin and taking that said Bitcoin into cold storage right and then preferably the step after that is stop trusting someone else's copy of the blockchain run your own run your own node the one I recommend personally because it's the one I use is start 9 they're freaking awesome so definitely check them out if you're interested in running a Bitcoin node but yeah it's a very interesting times that we're living in but uh you know I don't think I've ever been so bullish how you doing Opti and we're in the the simply Bitcoin merch today bro you're modeling I love it yeah yeah it's uh it's raining right now it's it's officially hoodie season so you're raining but you're inside yeah whatever I feel like wearing a hoodie today if it's nice it's comfy I'm wearing this all the time get yourself one at simply Bitcoin calm yeah man it's hey let your boy live for once geez yeah crazy you're not in uniform bro you you went from collared shirts to hoodies what happened you're regressing well suits coming soon I had a conversation with Chris yesterday I missed that episode man I love Chris shout out the coin shout out our boys over a Bitcoin mag but yeah crazy uh crazy developments and we really talked about it yesterday as well pretty pretty extensively on the show of how it is undeniable that the institutions want your Bitcoin there is so much institutional investment and there's just so much capital waiting on the sidelines for everyone for to get a shirt into Bitcoin you know like all the biggest asset managers well not all of them but many of the big asset managers of the world are looking to get exposure to Bitcoin we're seeing huge banks do the same thing and it just goes to show you that you guys are early and we are on the precipice of an amazing bull run as far as I'm concerned and now is the time to be stacking sats it's still what 26k so like we got the best opportunity ever and I know everyone is losing their mind because this bear market's been so long but this is where legends are made anyways on today's culture I saw this a couple tweets from Tom Luongo and if you guys aren't familiar with him he's a great I guess you call him like he is kind of low -key a gold bug and I know he's kind of maybe loosely understands Bitcoin but he created this meme in and I really wanted to touch on it today because it kind of changed my views on what we've been talking about we're always talking about you know the normies out there or in the not so nice way you know the sheeple out there and he coined this new phrase about like the masses comfortable are our wolves and I really want to cover this because I think it does change the framing and it's a little more positive view on what's going on in the world and we talk about it constantly that people need to feel pain and once they feel that pain and they wake up man shits gonna get really crazy and it really does feel like this is where we are right now so you know just prepare yourself it's it's you know are we on the precipice of a global recession who knows are we you know are we currently in a depression I don't know the official numbers are lying to us but we know that inflation is higher than they want and your purchasing power is going down the drain and I have these conversations with a bunch of my Bitcoin friends and we're all feeling the same thing it's like man dude things are getting more expensive and it's only a matter of time until people start to ask what the hell is going on right now and this is why we keep planting the seeds here on the show you know in personal conversations with people in real life and it's like we have built the foundation for people to protect themselves to get on the exit boat get on the safety net which is Bitcoin so get on the Bitcoin standard guys get on the Bitcoin standard that's right just get on the Bitcoin standard get on the life raft and you know you be watching the world around you doing doing its thing but you know that your future your family's future your wealth your time your energy your work is protected by the largest decentralized computing sorry I'm laughing at the chat you guys are wild breath the Bitcoin numbers is your Bitcoin in cold storage really secure is your seed phrase really secure stamped seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamp seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamped seed that's right ladies and gentlemen don't put yourself in a position where you have to explain to your grandchildren while you lost your generational wealth because you decided to store it on paper store your generational wealth on titanium one of the strongest metals on planet earth you could scan the QR code on your screen right now to take you directly to stamp seed website use promo code simply get 15 % off at the time of recording the Bitcoin price is twenty six thousand six hundred and forty sats per dollar three thousand seven hundred fifty four block height eight hundred thousand eight hundred and seven thousand six hundred fifty blocks to having thirty two thousand three hundred and fifty having estimate April 22nd 2024 total lightning Network capacity four thousand seven hundred seventy six Bitcoin capacity value a hundred and twenty seven million US dollars realized monetary inflation 1 .75 % the market capitalization of Bitcoin five hundred and nineteen billion dollars with a B Bitcoin versus gold market cap four point zero seven percent very very very nice all right good numbers overall you know I love my favorites that I always tell you guys this is the realized monetary inflation of Bitcoin 1 .75 % that number is going to continue to go down forever so it continues to take fiat currencies absolute school even if they get it to their targeted Holy Grail 2 % inflation you know it's not even gonna come close anyways I do have some ways you got my favorite number is block height cuz that number is going up forever Laura that that that number just it just makes an all -time high every ten minutes the matter what next block it's almost like a coin walk next block anyways here's a clip I have two clips for you guys here's a clip from SEC chair chair Gary Gensler and he said some interesting things at the hearing we're gonna play you some clips of this hearing as the days go by though so let's check out this clip and I have another one then we'll talk about it and help protect Americans from the crypto abuses that cost consumers billions if they were to live up to the investor protection built into their current laws it would help investors but right now unfortunately there's significant non -compliance and it's a field which is rife with fraud abuse and misconduct and help protect Americans from the so I I want a friend two things right I agree in a way and I agree in the sense that it is full of fraud it is full of abuse it is full of misconduct now the initial part and help protect Americans from the crypto abuses that cost consumers billions I'm gonna reframes that right from the crypto abuse that cost consumers billions fine you could say shit coins you could say this what about from the governmental inflationary abuse that cost people all around the world millions if not billions of dollars why is that never talked about and that brings me to one of Tucker's episodes that he did in Argentina he did an episode about a 10 -minute episode covering what's happening in Argentina he's gonna cover he's gonna interview Javier Maly Javier Maly is he is he's a hardcore Austrian economist libertarian he wants to end the central bank you know he wants to cut down on the administrative state all of that stuff he said some pretty crazy stuff not gonna lie Tucker's gonna interview him tomorrow but what was really interesting about Tucker's opening monologue which we're going to cover extensively tomorrow is he said the quiet part out loud the invade and inflation is deft politicians aren't productive the way that they raise money is through direct taxation but they could only do that for so long until people revolt so they do that through the hidden tax of inflation we must continue to chip away at this like you know peacefully of course but Chico chip away at this move the Overton window start get start getting people to ask the question what is money why does my money lose purchasing power is it necessary for my money to lose purchasing power that's when people are gonna start asking really big questions and remember they do not have a response to this anyways talking about shifting the Overton window here's Joe squawk five years ago you would have never have believed this we did have a a Bitcoiner who was a writer for Forbes and he got a bit upset when I said that the legacy corporate media changed their tune because of the black rock spot ETF and he said no that's not true I was working at Forbes from before okay I take his word for it he's a cable are news you trying to tell me that the interest from black rock to launch a spot ETF has not influenced their change of tune whatsoever I don't know about that anyways here's Joe squawk it's about a one -minute clip and then we'll talk about it and move on to crypto if you'd indulge me for a second because we always have these crypto conversations and there seems to be this thing happening I don't know Joe we were talking about $25 ,000 with Bitcoin meanwhile black rock and all these folks all the folks that we thought were never gonna do this are now doing it and yet it's not moving at all well it's moving today well I mean sure 26 this is 26 it was for when when we started saying it wasn't going anywhere 4 ,000 oh okay but so but the question is is this now a risk on a risk off thing what do you how do you even correlate this to what's happening with the Fed because for a long time used to talk about crypto in regard to the Fed so I think crypto settling as part of the ecosystem I think people have recognized it is not the new global currency people have also recognized not going to disappear tomorrow is becoming institutionalized and I think actually if I were a crypto person I think this maturation process is a good thing where it moves from day to day is I can't really comment on that I still think it's outperformed every asset one year five year and ten year I mean I think I think he's pretty jaded a little bit right like you know it's going to zero at 4 ,000 and mind you like Pete Russo does a great job doing this but like he goes back in time and finds like original posts of people which is why it's so important to zoom out when in doubt of people posting a Bitcoin isn't going anywhere and Bitcoin was at like $100 Bitcoin was at like $200 at the time right so like when in doubt zoom out obviously Joe is completely converted he's like why have we been talking about the short -term volatility when we started when we started covering this it was literally at $4 ,000 it's at 26 ,000 at the at the you know depths of bear market he gets it I mean and this is actually one of the things that has helped me orange pill as many people as possible it hasn't been me saying the bitcoins better money it hasn't been me saying like oh look you know separate money from state hasn't been me saying you know it's a deflationary currency blah blah blah blah blah blah you know it's been the biggest converter of people you plant the seed you say Bitcoin right they ignore you for like a couple of years and two three years later pass number goes up and all of a sudden you get that text from that friend that you haven't talked to you in a long time and he's like hey about that Bitcoin thing ng you is the biggest converter of people it is the biggest orange pillar in my opinion is the most effective way and clear you could see that with Joe right he was like hmm yeah I mean we started covering this was at 4k I don't know why you're talking about the short -term volatility what the hell's wrong with you anyways why are you pulling that up Opti oh it's from wine it's from wine anyways why what's why you know all the disgrace you've ever done and all the controlling calling me why it might be the worst no I'm just trolling love you wine anyways first and foremost you know shout out the Joe Kernen absolutely love to see him just constantly battle the corporate BS FUD around Bitcoin and and I say this all the time you know like number go up love it or hate it is the fundamental thing driving all a Bitcoin adoption there's that and then on the negative side all of the crazy stuff coming out from you know the bureaucrats out there we covered the g20 stuff where they're trying to roll out a digital ID CBDC central bank digital control mechanisms and these two things together are in my opinion the driving forces for Bitcoin adoption it's like you we say it all the time and and the memes been catching on Nico I don't know if you've been seeing it on Twitter but Bitcoin is slavery it's starting to catch on and people are starting to notice that it's not even hyperbolic anymore but anyways starting with the first video I totally agree with that congressman or whatever like crypto is full of fraud like what a hundred percent agree hence why we're Bitcoin only like there's Bitcoin and there's shit coin and it triggered the thought in my mind about I think I brought it up last week it was the idea I forget what video it was but we played something on in the numbers about the the scene versus the unseen consequences of economics and it's very clearly visible the scene consequences of crypto scams and it very easily noticed and you know it's always rolled out as like the detriment to the whole Bitcoin industry and those are the scene consequences obviously there's been a lot of people getting rug pulled getting you know losing their their life savings because of shit coin scams and so it's very easily an emotional thing you can roll out so people are like ah let's protect the little guy but as we've going to cover and I really thought you were gonna play that Tucker Carlson video that you put on your Twitter I'm sick dude I mean so I was divided I was divided about what I wanted to make the show I was like I was like are we gonna make it about Tucker are we gonna make this about the sailor I think the sailor thing I was I was much more excited about the sailor thing it's a little little thing came out in my head I'm like holy cow the three things that Michael sailor said needed to happen for Bitcoin to hit five million all of those things have happened they've all happened right so I was like we have to cover this we will cover Tucker tomorrow's really actually made a thumbnail for everything it was awesome but I guess I guess you know we'll put we'll put a pin on that thought but tomorrow remember we're gonna be talking about the unseen consequences of money printing and that always gets obfuscated it always gets lost on people because it's not like a linear connection you know like you you gotta you know there's some nuance to this and most people can't think past like 20 seconds you know ADHD or whatever like we're all being inundated with so much dopamine from from social media that we either tune out or it just like it doesn't seem like it's important and and I can see people in the chat saying the same thing that we always hear is like once you start talking about Bitcoin once you say the B word people instantly tune out and it's only a matter of time until people wake up to what's going on here so you know plant those Bitcoin fundamentals into people's minds without using the B word usually helps and and goes a long way and then you find like hey you know have you heard about Bitcoin here's the pill take it but yeah man it just it just goes to show that the world is waking up and every metric that I'm seeing is pointing towards the fact that I think in 2025 more people are going to wake up to the scam that is Fiat and of course the safety boat that is Bitcoin and hey we're here for it so I'm I am super excited yes yes hold on hold on Arthur you can buy our merch with Bitcoin if you so want to yeah exactly go and go click scan the QR code it'll take you directly to the website and you could you could pay you pay in Bitcoin I think a lot I think wine set up the lightning yeah yeah yeah we got you got we got you guys back we got you guys rep some simply Bitcoin merch anyways so yeah man it's a really really exciting stuff alright guys let's jump into the news we got a lot to cover today before we get into news actually right now we are currently sitting pretty at 70 likes help us maintain our streak let's break a hundred likes within the out first hour of the live stream so if you're enjoying the show make sure to smash that like but it smashes mess mess wait wait wait can we do a legacy smash the like button Nico something like that anyways guys let's get to the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
Katnip & Coffee
Katbrat Meets Eugene, A Camera-Shy Bard Owl
"So where are you from you're from the yes we're done in largo George C Macau Park okay we have like so many names the park is George C Macau are called Friends of Largo Turtle Park and the narrows okay there narrows are going to be going away but we're down on off of waltzingham I think it's called which is the bridge right before going to Indian Rocks Beach okay our park is right there we've got we're nonprofit we have Eagles Hawks Falcons different owls we have the great horned owl we have her the barred owl and a bunch of the little screech owls I don't know if you've seen the smaller one right but they're all unreleasable they either have an injury or their imprints to human okay can you tell us a little bit about her story her name is Eugene so she came to us we thought it was a male turned out to be a female we kept her name Eugene she came to us with an injury to the eye we don't know what caused it we think it could have been a branch or a fight they tend to be very territorial birds so they get into fights over nests all the time especially when they have their their young so she's been with us since then the eye ended up getting infected so we had to get it removed and she's been with us since we have another barred owl there at the park but yeah she's a sweetheart a sweetheart what is can you explain what a barred owl yeah so you might have heard barn owls yes and this is a barred owl and you can tell because she's got the bars okay she weighs about two pounds because you think she'd be about ten pounds but she's only two pounds they're pretty hollow no we don't reason wise we've got oils on our hands okay and their feathers are waterproof or cages outside so we you know she may get wet and we just want to make sure that her feathers stay what is their normal lifespan so in the wild they may last anywhere between eight to ten years but in captivity or cared for as we have her and they can go into the yeah 20s yeah they last pretty long time just not in the wild right what so let me ask you this as far as taking care of them are what is the percentage of being able to get to go back into the wild afterwards and being on their own on the injury she also has tendonitis okay I'm so when I guess it depends on the injury right I don't know the percentage but a lot of them that come to us and abstain okay yeah and probably the age as well right yeah it depends on and a lot of them we don't even have the money to get them tested okay you know DNA tested to find out if they're male or female how we can tell if it's male or female is by weight so they get weighed in every Monday and the males always tend to be less in weight than the females okay so the females are heavier so that's why at first we thought it was a boy because of he weighed less but then when we got her tested when the whole eye thing and then turns out it's a female where can we go online to donate so George C McGowan Park okay you can find that on on Google okay and I'm not a hundred percent sure if you can donate there okay but there's definitely contact where you can contact the park someone can swing by and donate but yeah they would love to oh yeah so nice they they eat and you know from all the donations we have birthday parties there as well to raise money for them and on field trips and that sort of thing that's right you're a star look at that thank you so much for your time I appreciate it. Oh, you're welcome. Thank you. I appreciate
Veteran on the Move
A highlight from The CoverBag with Murp McCarthy
"Marine veteran Murph McCarthy is the creator of the cover bag the best protection for your dress hat or dress uniform cover Coming up next on veteran on the move Welcome to veteran on the move if you're a veteran in transition an entrepreneur wannabe or someone still stuck in that J -o -b trying to escape this podcast is dedicated to your success And now your host Joe Crain As a member owned not -for -profit Navy Federal puts members at the heart of every single thing they do Find out more at Navy federal org All right today we're talking with Marine Corps veteran Murph McCarthy owner of the cover bag calm and The women's rugby coach at the Naval Academy, that's pretty cool So Murph welcome to the show before we get to talking about business and entrepreneurship As a marine fellow aviator having had one of those on this show for a long time. Tell us what you did in the Marine Corps yes, so I Actually, I enlisted right out of high school and things went really well I was a tower air traffic controller and I ended up at the prep school for the Naval Academy and then graduated from the Naval Academy in 2000 then TBS and then went to down to Pensacola and When so helos went out to the FRS out there in Camp Pendleton quickly fell in love with it learned how to fly frogs Then I went to East Coast and I did two deployments on the East Coast And when I came back from that second one, there was a bunch of ospreys on the tarmac you know, I wasn't sure I wanted to get into that so I solicited my services back out to Camp Pendleton and then I ended up with the Purple Did foxes a couple deployments with them and then along the road. I got I got the the drone stink on me Stick with VMU doing drones and when it came time for me to get out of the cockpit I actually my services were sought by people other than myself To go do that again. So I went To VMU three and did a couple deployments With those guys then I came back to the Naval Academy where I was working in the Stockdale Center for ethical leadership and I was teaching leadership and that's when I started coaching rugby at the Academy in 2011 and then I had one last gig down at DITRA defense threat reduction agency where I was doing I was working on the open skies treaty which is a fascinating gig if you can get it, and I don't think you can get it anymore, but and then I retired in 2017 and You know, that was my Marine Corps story from the end of high school 92 to 2017 interesting so You know, sometimes transition is different. You're retiring because at least you got that paycheck of the month club membership, but Sometimes retirement isn't any easier than you know being in being in the military for four years and then getting out also So what was your transition like? Well, I wasn't sure what I wanted to do when I grew up You know, I was still like volunteering coaching rugby and that I Didn't see myself ever getting out of that because that was just a really fun thing for me to do It filled a lot of the you know, what you miss about the Marine Corps stuff for me But I started looking into a couple different business opportunities. I Started a business before I retired probably almost ten years before I retired and that was the cover bag and what ended up being the cover bag calm and that just grew and grew and grew to where You know, I could definitely take up a lot of time just working that when I retired But I'm I knew that was I wanted one more thing at least And that's when I started looking into other business opportunities and I got into fitness I a started franchise in Annapolis and did that I looked at a Number of other franchise opportunities, but I knew fitness was probably going to be what I wanted to do, right? So Was there an entrepreneurial bug inside of you the whole time? You're in the Marine Corps to just come about at a later time Totally. Yeah, like I've been into that kind of thing when I was since I was a kid So I remember getting in trouble for selling fireworks in the bathroom at my junior high school You know, I came up with ideas for stuff to put on ball caps Slinging t -shirts like that was always a thing but the cover bag was an idea I had when I went to the Naval Academy and You know, you're always wearing that combination cover like in the Marine Corps You're lucky especially if you're in aviation like you already ever even see that thing Yeah, buddy with the chicken you're trucking that thing all around all the time and it's white And you know, all you got to do is sit on it once or you know Be holding an ink pen that you probably should have retired a week before next to it And you gotta take the whole thing apart or buy new parts or buy a new one And I'm like man if I just had a bag for this thing, so it was like a couple years of me sketching out what it probably should look like and then designing it and then You know once you make the first couple and then you kind of go from there, but no I've always had that Hey, wouldn't this be a good idea Like I probably I probably do that like three times a week. Yeah, I've always been the same way but I think like especially when I was when you're a kid or when you're really young you have no idea how to Capitalize on your idea like yeah idea how to implement it or execute. I mean, you just don't have those capabilities and then especially nowadays with the internet and all the technology and everything and in Alibaba and China and all these resources that are available You can you could come up with a harebrained idea in just a few months be taking it to market Whereas like 20 30 years ago. It was like almost impossible to do to do. Yeah. No, and that's something you People should keep in mind. Like if you've got what you think is a crazy idea Just keep kind of fleshing it out and then you know for me it was a buddy of mine He's like, hey, I got a buddy who's got a hat and bag factory in Newark, New Jersey And why don't you send me that sketch you talked about? So I sent it to him and the guy produced a demo and And that was the first one like just like that dude. That's awesome. All right, hold that thought we're gonna take quick break We'll be right back As a member owned not -for -profit Navy Federal puts members at the heart of every single thing that they do Low fees and great rates resources to help you crush your financial goals 24 -7 access to stateside member service representatives with award -winning customer service Earnings and savings of four hundred seventy three dollars per year by banking with us an average credit card APR That's six percent lower than the industry average a market leading regular savings rate nearly two times the industry average I'm still with Navy Federal after 33 years and not going anywhere. Maybe federal is insured by NCUA NFC you reserves the right to change or just continue promotions and rates at any time without notice Dollar value shown represents the results of the 2022 Navy Federal member give back study Credit card value claim based on 2022 internal average APR assigned to members Compared to the advertising industry APA average published on credit cards comm value claim based on 2022 internal regular savings rate average compared to 2022 industry regular service average rate published by FDIC gov learn more at Navy federal dot org In a startling description the UN food chief warned the world with words knocking on famines door He called what we're facing a perfect storm of a perfect storm He's not alone parents published that a food shortage could be coming even in the u .s. Farmers see it to John Boyd jr. 4th generation farmer till Fox News that we're gonna see empty food shelves in the coming months That's why getting survival food is more important than ever Now create your own stockpile of the best -selling for Patriots survival food kits. It's not ordinary food We're talking good for 25 years super survival food Hand -packed in a family -owned facility in the USA and giving jobs to over 200 Americans They have different delicious breakfasts lunches dinners. You can make these meals in less than 20 minutes Just add boiling water simmer and serve and right now the next few days Listen to the veteran on the move podcast will get 10 % off their first order at for Patriots calm by using code veteran Go to for Patriots calm and use code veteran to start your stockpile today With hello fresh you get farm fresh pre -portioned ingredients and seasonal recipes delivered right to your doorstep Everywhere she could spend less time planning shopping and cooking for the family and more time with them From easy time -saving breakfast and family dinners to kid approved lunches and snacks Hello fresh has what it takes to keep everyone including you Happy and satisfied my wife and I love cooking. Hello fresh meals together and when it comes to options, honestly more is more That's why hello fresh's menu includes 40 recipes and over a hundred add -on items to choose from every week We love how hello fresh takes the stress at a meal time by delivering fresh ingredients and easy recipes right to your door This fall skip that extra trip to the grocery store and have dinner ready in no time with America's number one meal kit Go to hellofresh .com slash five zero veteran and use the code five zero veteran for 50 % off plus 15 % off for the next two months to get America's number one meal kit. Go to hellofresh .com slash Five -zero veteran and use code five zero veteran for 50 % off plus 15 % off the next two months I'm back talking with Marine Corps veteran Murph McCarthy from owner of the cover bag calm. So When I saw your interview come through Murph I gotta admit I'm like the cover bag and I went to your website and I saw it and I'm like ding I get it instant instant like yep thumbs up and Cuz my wife and I were Amazon sellers for many years. We're totally out of the business now. Amazon just got to be Amazon was like walking through a minefield you like you thinking you're fine all sudden kaboom your right leg's missing You're like what the fuck? anyways So we're out of Amazon now, but I loved Amazon cuz like we talked about earlier when you're when you're young You come all these hair brained ideas. That's a great idea for product That's a great idea and I could I could run them to ground and be and be putting it on Amma be putting a great product on Amazon, you know within a few months sometimes Sometimes that's not a good thing because if it turned out not to be a good idea you lose a lot of money At least I could exercise these ideas for the first time in my life. And so I have a true appreciation for a great product and I Remember, you know getting my uniforms at the Marine Corps shop or the marine the marine shop in there in Quantico And I think I still have that white shredded cardboard box with my white cover in it somewhere back in storage and and I The whole time I'm like, how am I supposed to carry this thing around? I mean for 20 plus years in the Marine Corps I carded that thing around in a cardboard box and somehow it managed to work out for him when I saw the cover bag I'm like, oh, yeah, like I get it that that's it. Like like how did how'd you just come up with that idea? It was just I mean I get it It's like it's like a problem every one of us dealt with but nobody ever thought of the idea or at least executed on the idea Yeah, well, I always thought we you know, they're expensive So all you gotta do is have to replace one and you're like man, how do I not do that again? Yeah, and that's where it started but when I had You know that run -in with my buddy's friend who said he could make me a demo I was like a demo sounds like it sounds like I'm in it But he he produced, you know The first cover bag from my sketch and I and all I had was like a little couple tweaks And he sent I ordered about 15 of them and I opened up the box of these 15 cover bags And I handed him out to the guys that were doing the color guard For the ball when we had the ball the next night and when the Marines were like, holy shit, sir This is awesome. Where'd you get these? I was like funny story like I invented that and they're like what and then I knew that I had something and that's Really? Yeah pulling my money together and like spending quality time thinking about how I was gonna do it Wow Yeah, I got like a thousand questions cuz and like I said, I'm a product guy Like I love cool products and the idea behind it. So interviewing somebody that created a product it became successful Because it was just the right idea and Let me tell you man. I don't know if you realize this bit. It is hard to find to Manufacture something in the US and it's great that this is a military product Which by the way, I want to point out like I know in the Navy Marine Corps. We call it a cover your uniform hat The other services. I'm sure the Air Force didn't call it a cover. They probably caught a hat I'm not I'm not sure about the army But you know, I want to point out a cut the cover is your official military head piece or your you know It's your military hat but in the Marine Corps Navy, we call it the cover So your product is called the cover bag But I suppose you you wouldn't have wanted to call it the hat bag because then it would have just been like anything No, and I you know how you always wondered like you watch a commercial Or hear like a radio ad you're like I'm confused but like three minutes later you're still talking about it I think some of that. Yes, I think some of that has happened with calling it the cover back You know because I thought that I was gonna be selling to guys like you and me Like I thought this was gonna be you know by the troops for the troops type thing Yeah, but I have a ton of customers that are moms and Grandmas wives like they don't know what a cover is So they're like I pick up the phone and somebody says cat bag 95 % of the time really and I just I just kind of roll with it because it's one of those You got all these old ladies buying it to you're talking about it. So let's keep that up It's like the the the Red Hat Ladies Club is buying your bag for their hats and stuff or fancy hat No, they're buying it for their husband's boyfriend's grandchildren The cover bag is a huge gift idea like I'll send I'll sell like six figures worth of these things through the Marine Corps exchanges in a year I sell a lot more than that to friends and families of people graduating Parris Island and MCRD San Diego. It's it's absolutely fascinating and Much in the same way as cover bags hat bags hat covers all that stuff My favorite is that you know, I don't pay anything for advertising like I tried it a couple times It was to me It was like wasting money because I couldn't figure out if it was doing anything at all But people will get on Facebook and argue about what should be Embroidered on the cover bag. No, it should be last name first name. No, it should just be the initials No It should be first name and then the middle name and then the last name and I'm like this is amazing because it'll go on And then the website goes ding ding ding Yeah, well I suppose you know first initial middle initial last name, you know, maybe rank before that might you know if you're selling them to all the eighth and I Marines if it becomes that if he becomes a Regular issue piece of gear. Well, then you gotta you gotta do by right? I think that's probably eventually gonna happen. Yeah Yeah, the Marines like solve a lot of your problems. They just make you do stuff The Marine Corps ever figures out. Hey, we don't want anybody walking around with a bad -looking cover again We're gonna put one of them cover bags in their c -bag issue. Yeah, that's it. That'll solve that. Yeah Yeah, well then they won't have to walk around with it in you in there with their bent arm and hand, you know So So what are some of your numbers that you can share with us or just to give us a perspective on? How successful the cover bags? Well, to be honest The company's not openly for sale, so I'm not really in tune exactly with the numbers But I've been trying to get in with the Navy exchange So the last gentleman that worked there He didn't really understand and like how the cover bag was an amazing piece of gear But they're starting to get the memo now and the main number I've been talking with them is like hey Do you know I I do over six figures worth of business with the MCX at the Navy exchanges of which there is many Many more. Can you imagine how good this would do if it was available? Yeah to the Navy first hand and then retail, you know I do I do a lot more business retail than I do goals for sale. So well, dude, that's awesome. This is good you're always gonna need to protect that cover and like I said the the parents and Girlfriends wives and grandparents are on Facebook talking about what needs to be on a cover bag and they're like, what's a cover bag? Cover and then there I am my website just gets the pinks. Yeah You know, it's like that the old the old Henry Ford story where he says Well, if I had asked the customer what they wanted, they would have said a faster horse, you know, or right There's a quote similar from Steve Jobs Like sometimes the customer doesn't really know what they're looking forward what they need until they see it You can have any color car you want as long as it's black the other Henry Ford one yeah, and The cover bags kind of like that because if you said what's one of the biggest, you know You know pain in the ass things you do you deal with with your uniform? Nobody would have said I wish I had something to carry my cover in but I mean hardly anybody would have said that but When they see when they see the cover bag, they're like, oh, yeah I want one of them because I that is a pain point for me I just never realized that there would be as ever solution for it yeah, no, it's it's a no -brainer and eat and like People that aren't, you know actively using the cover like the parents can figure out that a cover bags a great idea And the other thing is, you know, mom's don't want to be buying their kids, you know, whiskey flasks and knives Something Practical they're not gonna put alcohol in or possibly shank somebody with It works out pretty good to get him a cover back and embroidery everybody loves embroidery that Yeah Now it's got your name on it, oh, yeah The embroidery thing for the cover bag is when it really exploded Yeah, and there's a nice big surface area on the thing for plenty of embroidery you can Yeah It takes a while if you come up with a design and you want me to put it on there that takes a little more time a little more involved, but I got plenty of patch choices and You can put whatever name you want on there nicknames Like if people get too wrapped up in what name they want in there or what order I'll be like Does your does your son have a pretty cool nickname? They're like, oh, yeah, we call him Sparky.
Mike Gallagher Podcast
A highlight from Will You Ever Comply With Mask Mandates Again?
"Cable news, noisy, boring, out of touch. That's why Salem News Channel is different. We keep you in the know. Streaming 24 -7 for free. Home to the greatest collection of conservative voices like Dennis Prager, Jay Sekulow, Mike Gallagher, and more. Salem News Channel is unfiltered and unapologetic. Watch anytime on any screen at snc .tv and local now channel 525. Joe Biden's like that grandpa that you love. Would you give this grandpa a high -stress job for six more years? Liberal ideas are amazing and they're beautiful. As long as you never do them, they were actually impossible. When they were implemented, you have misery. They're demolishing the election. The deep state, the fourth branch of government, doesn't want the people to be able to have the voice. Now from the ReliefFactor .com studios, here's Mike Gallagher. JD Vance, the senator from Ohio, came so close in trying to stop the government from forcing masks on Americans. But don't worry, the Democrats blocked it. Massachusetts pride and joy, Senator Ed Markey shut it down. JD Vance was trying to advance a bill that would prevent the federal government from imposing mask mandates in places like, you know, airline, the airline industry or trains or buses. They're going to bring it back and they're going to bring it back because they want to impact the outcome of the election in 2024. And we can talk about not complying. I got a lot of response yesterday to my question, are you going to comply or not when they start forcing and imposing mask mandates? You know, let me give you a pragmatic example. I have to travel a lot for my job. What am I going to do, take a bus? I mean, I'm taking a train Monday for our big event Monday night in Philadelphia, but I can't exactly take a train from Tampa to Los Angeles. I got some challenges here. You think I want to get on another airplane and wear a mask? What do you do? What if you go to what if you have to go to work on the bus and the and the local transit authority makes you wear a mask to get on the bus? What are you going to do when you go to work and your office says you got to wear a mask to walk into the building? I don't know why I keep having this flashback to this screaming match I got into with somebody at my at my office in Florida when somebody said you got to wear a mask to walk, you know, 30 steps from your car to through the empty building into your empty studio. I said, this is insane. You better do it or we're not going to allow you in the building. Thankfully, cooler heads prevailed at the time. And the consensus, not that I'm any big deal, I'm not trying to brag here, but the consensus was if Mike doesn't wear a mask, we're not going to wear him wear a mask. But see, I'm in an unusual position. I'm in an unusual place. I'm fortunate and privileged to be in a position where I kind of get to do that. Although I suppose if my company really wanted to be hardcore about it, they could have said, Mike, you want to lose your job over this? OK, but nice knowing you. And listen to the way the Democrats brag about it. Listen to the way the Democrats are so they love they want these mask mandates so badly. This was something called the Freedom to Breathe Act, which would have prohibited any federal mask mandate from being imposed on an airplane, a public transit system or school. J .D. Vance introduced it on Wednesday. Democrat Senator Ed Markey of Massachusetts intervened and he shut it down. Here he was. This is, I believe, from the floor of the Senate, if I'm not mistaken. But this is audio and video from C -SPAN, where Ed Markey proudly shut down the Freedom to Breathe Act. It would silence and hamstring public health experts who have guided our nation out of the one hundred and thirty nine thousand people in our country in three years. Well, where's your mask, dummy? Why are you standing there without your mask on since you worship at the altar of the mask? Incidentally, if you're watching that video clip on Salem News Channel, there's some dingbat sitting behind him with a mask on. You see that? I don't know who she is. She's got a nice big black mask on. Look at me. I got my mask on. I'm not going to give or get covid. I mean, these people are just clowns. I saw one this morning. Driving into work. On a bike. Pedaling with all the prerequisite bike stuff that bicyclists, you know, the spandex and the helmet and everything. And the and the the, you know, Tour de France get up guy had as he was ready to go. And he had his mask on. Nothing's going to happen to him. He ain't going to get covid. He's got his mask on while pedaling down the West Side Highway in New York City outside with nobody around. Man's wearing a mask. So I don't know. I mean, I hate all these flashbacks. I was talking to my producer, Derek, about it earlier. And he said, you know, I'm you flashback to all the covid memes. One that one of the memes that Derek loved said, I'm more afraid of a Democrat in the White House than I am covid. I'd second that. But what do we do? Where do we go? I'm serious. I want to ask you an honest to gosh question. What are you going to do? If your company, if your local transit system, if your kids school tries to impose a mask mandate, let's flood our Ph .D. weight loss and nutrition phone lines with your phone calls. Eight hundred six five five. Mike, this is Friday. This hour. I want to I want packed lines. It's always a bit of a challenge this time on Friday every week to get people revved up. And back into the swing of things. So let's go. I just want you to give me your pragmatic answer. What do you do if you're confronted with a mask mandate? Because I need you to prepare yourself. It's probably coming. And it's coming because not because of any pragmatic, scientific approach. They want to scare you because they want to change the election rules again in time for 2024. That's what's happened. I'm convinced of that completely. So what do we do about it? Give me some answers. I got the smartest audience in America ready to go. One eight hundred six five five. Mike, that's the Ph .D. weight loss number. Press one to come on air. Press two to leave a voicemail or text us your comments on the MyPillow text line. Eight hundred six five five Mike. Eight hundred six five five six four five three. Hope you join us. Left leaning activists are attacking Supreme Court Justice Clarence Thomas. Read The People's Justice Clarence Thomas and the constitutional stories that define him. On sale now from Regnery Publishing. MyPillow is having their biggest sheet sale of the year. You've helped MyPillow become one of the most extraordinary success stories in America today. Well, now Mike Lindell wants to give back exclusively to you, a Mike Gallagher listener. The Percale and Giza dream bed sheet sets are available in a variety of colors and sizes, and they're on sale now for as low as twenty nine ninety eight with our listener promo code Mike G. Order today because when they're gone, they're gone. The Percale and Giza dream sheets are breathable. They have a cool, crisp feel made from the finest cotton on earth. Comes with a ten year warranty, a sixty day money back guarantee. Don't miss out on this amazing offer. There's a limited supply, so be sure to order today. Get them while they're hot. Call eight hundred nine two eight six zero three four eight hundred nine two eight six zero three four. Use the promo code Mike G or call eight hundred nine two eight six zero three four eight hundred nine two eight six zero three four or go to MyPillow .com. Look for the Mike Gallagher radio special square. Click on that box and with anything you order, be sure to enter the promo code Mike G. MyPillow .com. Promo code Mike G. MyPillow .com. Promo code Mike G or call eight hundred nine two eight six zero three four like we love to sing. For the best night's sleep in the whole wide world, visit MyPillow .com. Promo code Mike G.
Bloomberg Radio New York - Recording Feed
Monitor Show 14:00 09-05-2023 14:00
"Rick, Vivek or ten -year -old Grace? You hear the way she asked that question? No, I'm all about Grace, too. I want to make sure she's eyeing office in a higher land. I just can't imagine what her parents must be telling her at dinner. By the way, China's going after Taiwan. Ask Vivek. Rick, Jeannie, thank you so much. Great to have both of you here. Bloomberg Politics contributors are a great panel and our friends on Sound On. You even get to see them this time. Join us on YouTube. I'm Joe Matthew. Hour two of Sound On starts now. Bloomberg Sound On. Politics, policy and perspective from D .C.'s top names. Federal spending combined with too -lax monetary policy has produced this 40 -year high on inflation. China policy is driven basically by domestic politics. American families are finding themselves further behind the eight ball. To get anything done in this Congress, it's going to have to be done in a bipartisan way. Bloomberg Sound On with Joe Matthew on Bloomberg Radio. They're back. Welcome to hour two of Sound On. I'm Joe Matthew in Washington. As senators return to the Capitol after the big summer recess, House members return next week. And there is still no agreement on how to fund the government, on how to avoid a shutdown. And we've got some difficult decisions to make here. We're going to compare notes just ahead with Bloomberg Congress reporter Megan Scully. We'll talk about the challenges facing Washington with Congressman Don Beyer. The Democrat from Virginia joins us, serves on the Ways and Means Committee and will be central.
Mark Levin
Republicans Who Do Not Support Impeachment Should Be Removed
"Refused to get involved in campaigns I changed all that with the tea party over ten years ago and even before I got involved in a lot of campaigns Ted Cruz Marco Rubio Mike Lee again begin to remember everybody although Rubio doesn't talk to me anymore I have no idea why these people do what they do I don't know maybe I'm too hot I don't mean that way I mean this way all right but that's not what I want to get into in Florida I mean the Gulf Coast got whacked not long ago getting whacked again starting tomorrow morning it's so nerve -wracking I understand that and so you're gonna see the leadership abilities yet again of DeSantis not talking not the gift of gab I've had to turn a phrase but you're gonna see this guy he's just he is what he is he say he grabs things by by the horns and he wrestles them to the ground but let's get moving here I want to read something to you because I doubt you've heard most of this anyone
Mark Levin
Judge Sets March 4, 2024, As Trump Trial Date in Election Interference
"Are extreme so I will decide March which 2024 is two months after the Department of Justice asked this is a phony fan dance in other words she gave DOJ and mr. Smith what they wanted this wasn't Solomon this wasn't Solomon a type decision this was a Marxist kind decision and so President Trump's lawyer rightly says we can't possibly prepare proper defense under the Constitution under this time frame well give it a shot she says why because the ability to appeal substantively the issue the President Trump might want to appeal which is he cannot possibly get proper representation legal or the lawyer cannot possibly give him the kind of representation he needs in other words ineffective counsel would be after the fact she knows this she's metabolical now as for moving the venue here's what she says she doesn't even read to comment on that yet but she's not going to she says I'll watch very carefully the jury and what but people have to say and so forth why and why is she doing that it's a setup because she knows Donald Trump is going to criticize the process in her and then she'll turn to Donald Trump's lawyers and say well the jury's it's you mr. president you're the one who's biased the jury against you it's sick it's Ocean Drive in Coney Island Ocean Drive is the only luxury in New York with a spectacular ocean view you wake up in the morning and breathe that ocean air I'll that you're gonna live ten years more when I became successful I want to live on the ocean if you have worked hard you deserve an apartment on Ocean Drive
Veteran on the Move
A highlight from WIN Home Inspection with Jeff Starr
"Episode number 500 is up next on the veteran on the move podcast Ten years of podcasting 500 interviews with the veteran community great military veteran military spouse entrepreneurs out there Holy cow, I can't believe it's ten years in 500 episodes. Thank you for listening. Thank you for all your support Looking forward to another 500 episodes another 10 years Jeff star with win home inspection is up next on veteran on the move Welcome Welcome to veteran on the move if you're a veteran in transition an entrepreneur wannabe or someone still stuck in that J -o -b trying to escape this podcast is dedicated to your success And now your host Joe crane Whether you're taking a trip to relax or see somewhere new You deserve a travel card that does the work for you for more on Navy Federal's flagship rewards visit Navy federal org Coastguard veteran Jeff star from win home inspection Jeff 30 -plus years in the Coast Guard. That's awesome Looking forward to talking about business and entrepreneurship what you're doing these days. So take us back Tell us what you did in the Coast Guard Hey Joe, thanks for having me on your show. Well, it actually started in high school I joined the Missouri National Guard when I was 17 went to boot camp in Portland win, Missouri Graduated from that went back to high school and did my senior year and then moved on to AIT which is the training for the army and I was a tactical radio communicator So basically I carried a backpack radio and worked on their radios got a chance to go to Germany For a large NATO US exercise and kind of opened up my world view and my eyes a little bit You know as an 18 year old coming out of Missouri central, Missouri There's a you know, I lived in farmland. So I got to see what was going on there now I'm in another country traveling around with people that are a lot older than me that been around so Got a got a good view into a little bit about what the world was going what was going on in the world So fast forward I decided to go to college I'm in college pursuing a degree in aviation and Too much college activities and not enough good enough grades and they they gave me the invitation not to return You gotta see MSU Yes, yeah, right there in Lawrenceburg. Yep Yep, so great program great school Just it wasn't a good time for me at that time too. I wasn't ready So now I'm deciding what am I gonna do am I gonna join the army and Start seeing some commercials about the Coast Guard on TV. I'm like in Missouri You don't see a lot of Coast Guard, you know, because we're in the center of the country. We're landlocked There's there is a Coast Guard there. I found out later on but not to my knowledge at the time So I get in my car. I live in Colombia and I drive to st. Louis to see a recruiter I get the recruiters office goes. Hey, thank you for your interest But I can't recruit you you live on the wrong side of the Missouri River you need to go to Kansas City So now back in the car driving to Kansas City and Get all the stuff done and there's an eight -month wait list to get in so I go ahead and sign the paperwork and delay entry finally getting the Coast Guard and After graduating boot camp, I end up going to Tillamook Bay, Oregon So basically they've got a motor lifeboats that are like the tanks in the water They're meant to take 30 40 foot waves you get there the windows are made of bulletproof glass 300 bulletproof glass you get into the boat and You strap in with a helmet your dry suit and the seat belts and buckle in And you go out there and take waves and try not to take waves But sometimes you have to for the fishing boat to fleet that's coming in So what an exciting job, you know at 21 years old you're out there charging these giant waves Get in beat up by the waves and pulling people out of water and rescuing them It could have ended right there. I could have stayed in that job forever. It was it was amazing. It was an adrenaline rush But I wanted to do aviation still So I put my name on the school list to go to aviation the Coast Guard and I went to Elizabeth City, North Carolina for and Electronics avionics Had to wait a year for that school, so I got to play around in Oregon for a while the school 38 weeks Learn how to do all the component repair of all the electronics on the plane Graduated from there and get my first units in Traverse City, Michigan like where's Traverse City, Michigan and it's all the way up north and As far it's in the northern part of the Lower Peninsula of Michigan So and at the time they were flying Of course each series or what the army would have or other services BC Kings or or Jolly Green Giants So I get there and I learned that after going to school all this time. I really don't know anything So it's time. It's time to start learning. You're an apprentice. So, you know, you start learning everything about the plane and the organization And Soon as I learned everything about the HCI thought I needed to know we transitioned to 60s So then we get the Seahawks the Coast Guard version of the Seahawk so got to do that and so spend eight to ten years Learning, you know my craft and trade and and just enjoying the Coast Guard You know the camaraderie the people in the organization the mission And then took a took my next tour to Alaska So I got to go to Kodiak, Alaska and help them transition because nobody was qualified to fly the 60s yet only the first units so I got to go up there and help stand up the program and Start, you know training everybody and flying that mission with the 60 But they didn't have the 60s yet. So I had to go back to the X trees and fly that again So it's kind of flying in both at the same time. So it was nice I mean I was getting you know, three and four hundred hours a year flight time and You know, it was Alaska some of the most beautiful flying you can imagine we do stuff that you know, I couldn't pay for So got to do that And then after leaving Traverse City or after leaving Kodiak my transition again to another helicopter I moved in Detroit and we moved to the Eurocopter 65 Which is a smaller business corporate helicopter that the Coast Guard uses for its ship based operations so I got to do that and then I'm starting to roll up on my my my 20 20 years it's gonna be coming up here pretty soon. I'm at 15. I'm starting to think what am I gonna do? So I started doing, you know different college programs. So they give my associate degree Well, I got my associate degree knocked out while I still in Detroit and then we go back to Alaska where? I'm within a two -year window now so planning on Transitioning out at 20. I go ahead and get my my Microsoft engineering degree And then that takes a year to do that so the tour in Alaska is only three years so back to Traverse City and I'm looking at getting out at that point in time and that's where I start my first business up there I started business in 2002 building computer repair computers and servicing Computers for large corporations. Yeah, where did the where the desire to where the desire to search your own business come from? Um, well, I knew I needed to get out and I didn't really want to it was gonna be hard to replace an organization I'm already in I didn't necessarily want to work for a company Yeah, and so doing my own thing in my own, you know not have to rely on somebody else To get the job done because I know I can do the job and I wanted to do it myself So there was a desire. I did that job for about four years and then Lo and behold I promoted myself out of my position. I was in in Traverse City So it was either I was in you seven at the time and I was gonna make a yay So like okay, where can I go and you know make that kind of money? I'm not I'm not generating that kind of income at this point in time So kind of put that in the back burner and shelved it for a while also, I was seeing I'd get my Microsoft degree and I saw that everything was getting outsourced and Working on hands -on technology You're always chasing the certification because everything's changing so quickly within the computer industry I wasn't sure how how much I wanted to stay continually chasing that certification So decide to go back to school we transfer to Miami at that point and That was a Big culture shift going from Alaska to Traverse City down to Miami because the missions are different. Yeah cold to hot Right. So I went more from more of a search and rescue law enforcement to more of a law enforcement search and rescue So the emphasis was more on law enforcement down in Florida with the international treaties and border protection type mission So I started going back to school again get my bachelor's degree and Finished up that and then again, so I wasn't looking at getting out at that point. We're at year 24 at that point Promoted again made Master Chief for E9 and was waiting and Wanted to go back to Detroit fortunately, nobody else wanted to go back to Detroit and I was able to pick up that job as The command enlisted advisor working for the CEO in Detroit What great job great experience wonderful people I worked with and then at that point I started working on my master's degree and business with Masters in health care administration some kind of shotgunning, you know the different things I'm planning on doing when I get out I want to make sure I could cover all the bases. I had done troop the teacher signed up for it Got a degree in history got a degree and business and then what got an MBA and then an MHA and Didn't do any of that when I got out So, what was your transition like you end up getting the JOB and was it smooth on the way out because I mean you're you're prepared educational wise but What was the twist in turn? Yeah, it's interesting because you know and it's not from the organization you don't hear but I think ourselves we underestimate our Capabilities when we're in we're thinking hey, we're in this job We've been doing the same job on the military side But when I get out I'm gonna I don't I can't how do I deal with and how do I work in that? Organization, you know, how do I fit in and how do I provide value? Yeah, and hey Jeff before before we get too far? let's take a quick break and Re -attack this on the way back Getting a new car is exciting and you deserve a hassle -free buying experience You can get a decision in seconds and enjoy great rates with everything You need in one place Navy Federalist Car Buying Center is your one -stop shop for researching Financing buying protecting and enjoying your next car you can search for new and used cars access vehicle history reports enjoy discounts on auto insurance and more and you can make the most of your time on the road wherever you go with our flagship credit card whether you're taking a trip to relax or see somewhere new You deserve a travel card does the work for you in my 33 years as a Navy Federal member I've had the flagship credit card since it first came out and we use our travel points all the time flagship credit card will earn you three times points on travel plus up to $100 in statement credits towards TSA pre -check or global entry and a free year of Amazon Prime With two times the points on all purchases outside of travel the rewards don't have to end where your vacation does For more on Navy Federalist Car Buying experience and flagship rewards visit navyfederal .org Open armed forces DoD veterans and their families credit and collateral subject to approval Navy Federalist insured by NCUA Visa is a registered service mark of Visa used by Navy Federal under license All right back talking with Coast Guard veteran Jeff Starr from Wynn Home Inspection so Jeff anyways failed to mention We talked about this for you at the record button your episode number 500 Which is a major milestone for any podcast or any podcaster So I wish I had a door prize for you or something, but I just didn't acknowledge Yeah, you're one of the few coasties I've had on the show.
Andrew Tate Motivational Speech
A highlight from HAVE A PLAN - Andrew Tate Motivational Speech
"Don't understand how many humans function in the world today. I don't get people who don't think like me I don't understand it. I'm like, well then how do how have you survived this long life is hard life is difficult I maybe I've just been unlucky which I don't believe in but I've had so much trauma and bad events and Negativity and stress and all these things have happened to me and I've used all of it to be monumentally successful People are functioning if you're not thinking like me and you're going through life with any other mindset You've been extremely fortunate that God smiled on you and allowed you to sit around most of the time doing jack shit and you have Yet to be punished for that I I could never have lived that life if I was a bit lazy or a bit You know or I was a bit of a snake or if I lied to people I'd be dead by now like so a lot of these people are just absolutely and utterly blessed by God that they managed to go through life with such a non -competitive mindset and they still breathing like I Don't get I don't understand how people can think any other way There's nothing that God hates more than sloth and laziness if God were to create a man and that man were to sit around and Do fuck all God will frown upon you. It's why you're never lucky if you're listening to this and you think I'm never lucky I'll tell you why cuz God dislikes you because you're fucking lazy Start to work start to show God the beauty of his own creations. You'd be amazed how lucky you'll become God is unhappy with these people and inside their hearts. They're unhappy We talk about depression anxiety all those things you mentioned earlier on this podcast you load their own weakness. You load their own laziness This is what all of these things are. I don't feel depression How can I feel depression when I'm the most powerful version of me that I could ever fucking be? Most men are walking through life and they don't realize that it's constant competition every single pound They want someone else wants every single girl They want someone else wants and they're just sitting there just fucking floundering and wandering through life Unaware of how competitive the world is and this is my point if the world is truly that competitive You do not have time to be depressed because it's a non -competitive mind state you could be depressed for XYZ whatever I'm not depressed and I want the money you want and I want the girl you want I want the status you want and the car you want in the house you want and I'm gonna get it and you're fucking not I don't give a shit what happens to me in my life. I don't care how bad it is I don't care if the worst most heinous things I could possibly imagine happen to me I know that my sadness my depression will be temporary because I will never stay a loser It's against my Creed's not my DNA. All of your minds are broken. You can't even focus on anything anymore You are caught Distracted to the point where you can't even appreciate the good things in your life. You're distracted. Your minds are broken You need to rewire your mind and resist the slave Programming if you cannot control your own mind, then you are just a feather in the wind of life Because your own mind is the only thing you can control you can't control the weather. You can't control other people You can't even control whether your heart stops beating you might have a heart attack tomorrow You can't control anything besides what you think if you cannot control your own mind then you go through life with zero control Zero influence you can't control anything You're just a feather in the wind waiting for life to blow you from happy place to sad place to happy place to sad place Completely hoping on the gods to be fortunate to you because if any genuine discomfort comes your way you're fucked It's so easy to win if you can control your own mind But it seems that nobody fucking can your own father's ashamed of you and you don't even feel fucking motivated to do shit It's a fucking shame You're to go and look your father in the eye and said, you know what? I could have been a fucking I could have been a UFC champion. I could have been a Multi -millionaire could have been a race car driver could have been a fucking nuclear physicist Could've done all these things but I was busy on porn. Hope it gives me proud of you. Fuck. No people who go Yes, I'm wasting my potential. Those are the ones who have potential the ones who stand up and go I am wasting my potential I could be anything and I am NOT that yet. They have a chance This is your prerogative as a man, but you need to be instilled with a sense of duty duty to your bloodline You must want it. You need to want it deep inside your soul I can't die as anything less than Emperor as a man If you don't make yourself valuable, you have no value you have to get up and do it Just like a video game you start with fucking zero you have to decide if you want to complete it You have to upgrade your character So I find it amazing that men are gonna play video games and fuck about and waste their time instead of upgrading their character Everyone knows what to do. You know what you have to do If you hadn't become the most dangerous intelligent respectable man on the planet, you know, you're supposed to go to the gym You know, you're supposed to train learn how to fight. You know, you know all these things you don't do them That's your just that's your decision. It's your prerogative. I didn't I didn't make that choice. I made the choice to do it All I decided all that every single man watching this to do the exact same thing Which is why I have very little pity when I want when I do these streams and people think I'm arrogant or I'm rude to People but if you if you've made a fucking decision To be less than you should be Then I believe you should be mocked for that and me as a man when I put myself through hell And I have had such exacting such stringent standards for myself Why would I then have less exacting stringent standards on the people I meet? Why would I put myself through hell? Me and then meet someone who didn't put themselves through hell and then treat them like my equal no, fuck you I suffered when you didn't so you're not my equal because you decided not to suffer You have enjoyed comfort when I haven't and that's fine But don't expect me to look at you as my equal because you're not because I put myself through hell I put myself through hell because I decided to throw comfort away for ten years of my life I was never comfortable My basic premise is that I refuse to believe in things that take power away from the idea I believe that if you feel depressed something is depressing you and you should try your best to fix it You should take control of your life and do your best to fix it Let's say your girl leaves you you start to feel depressed, but you believe in the idea of depression You're now going to start diagnosing yourself as clinically depressed self -hypnotizing yourself into being clinically depressed and it's amazing how you can speak things into existence I cannot become depressed because I don't believe in it Let's pretend I'm completely wrong right the best option the best thing to do is still to get up Be an adult control your emotions be stoic and do the things you're supposed to do day after day Laying in bed and doing nothing is never gonna be the best option The best option is still to go to the gym to work hard to run your business to be successful So it doesn't matter we're talking about the different positions on the chessboard But if the rules of the game remain the same regardless of the position you're still trying to win You still have to do the same things So does it even matter at this point if you come along and say he's depressed because of X and he's depressed because of Y He's depressed because of Z and the answer to all of them is still the same thing that I don't give a fuck why you're depressed Yeah What I'm saying is you're playing a game and it's a competitive game and you need to build a mindset that allows you to be Ultra competitive if you want to sit there and say no, I want a non -competitive mindset then fine You know what you call people who do not win competitions Correct. This is just a bottom line of life and and it's kind of interesting because everyone pretends they give a fuck but nobody does Especially women women truly don't give a fuck If you ask a woman the kind of man she wants she will never say depressed or sad ever She wants a man who is ultra capable ultra competent They want someone who is fun and spontaneous and charismatic and success. They don't have time for sad dudes They don't care. So the world doesn't care. The world has never given a shit about sad men So if you're gonna sit there and self diagnose yourself as a sad man You're gonna have a shit life and nobody's ever gonna give a fuck and you're gonna perpetually lose forever and that's your decision I am so scared of being that person The idea of that terrifies me to the point where I don't even want to accept that as a reality that can possibly exist I don't give a shit what happens to me in my life. I don't care how bad it is I don't care of the worst most heinous things.
The Breakdown
A highlight from The Next Phase of Stablecoin Competition Begins As Coinbase Invests In Circle
"Welcome back to The Breakdown with me and LW. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Tuesday, August 22nd. And today we are talking about updates in the circle and Coinbase relationship around USDC, followed by a number of macro updates. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review. Or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello, friends. Happy Tuesday. So today we are going big picture and we're starting in the crypto sphere with some updates around one of the biggest stable coins in the space. The TLDR is that Coinbase and Circle are dissolving their center consortium partnership and restructuring the relationship between the two firms. The center consortium that governs USDC currently will be wound down and Coinbase will take a minority equity stake in Circle. The size of the equity stake was not disclosed, but one anonymous source said that no cash had changed hands as part of the deal. Coinbase CEO Brian Armstrong and Circle CEO Jeremy Allaire said in their joint blog post that, quote, The nature of the investment means that Coinbase and Circle will now have even greater strategic and economic alignment on the future of the financial system. So let's take a step back for a moment. The center consortium was founded by Coinbase and Circle in October 2018 to establish the USDC stablecoin. The effort was originally envisioned as an open standards effort which could facilitate additional USDC issuers and broader industry participation. That said, since the consortium's founding, Circle has remained the sole issuer of USDC, with the center consortium acting as a jointly managed self -governance organization. As part of the restructuring, Circle will bring issuance and governance of the stablecoin completely in -house. In their blog post, the two companies explained that, quote, With growing regulatory clarity for stablecoins in the US and around the world, the requirement of a separate governance body like center is no longer needed. They said the move will, quote, Alongside the restructuring, the firms announced that USDC would be issued on six additional blockchains, bringing the total number of supported networks to 15. The firms didn't identify the new blockchains, but Circle had previously announced plans to support Polkadot, NEAR, Optimism, and Cosmos this year. Coinbase's new base blockchain would also make sense as one of the remaining additions, but was not formally announced. Now, revenue sharing of the interest earned on USDC reserves has become an increasingly important driver of profits for Coinbase over the past year. Coinbase earned $151 million in interest income from the revenue sharing agreement in the last quarter alone. The two companies confirmed that revenue sharing would continue under a revised agreement, stating that, will now equally share an interest income generated by the broader distribution and usage of USDC. In a tweet, Coinbase said they, quote, Executives from the two firms reinforced the idea that additional regulatory clarity and competition drove the decision. Circle Chief Strategy Officer and Head of Global Policy Dante Despartes said, Of course, in addition to newly arrived competition from PayPal, USDC has also been under recent pressure from crypto -native rivals. Since the March banking crisis, which briefly threatened a small portion of USDC reserves, the stablecoin has lost more than $17 billion in market cap. In the same period, Tether has increased its stablecoin market share by over $10 billion and is now more than three times larger than USDC. Discussions on Twitter around this had a lot to do with this idea of regulatory clarifications. Columbia Business School adjunct professor and former Paxo staffer Austin Campbell wrote, The reality is that Coinbase and Circle have held tightly to the Mint burn control and issuer status rather than expanding into an actual consortium. To some extent, this just validates this is the path forward for this partnership. Second, with more issuers of stablecoins arriving this year, PiUSD, FDUSD, etc., and others on the way, scale is going to become increasingly important, so these firms binding together to leverage that also matters. Third, I don't know what the public pathway is for Circle, but a purchase by Coinbase, which this ultimately sets up, is one pathway to get to that, and essentially allows Coinbase to have more control over cash on platform and cash management. Tommy Shaughnessy from Delphi Digital also brought up this idea of this as sort of a pre -merger. He wrote, Now the flipside interpretation is almost exactly the opposite, that Coinbase might have been coming up against regulatory pressure because of its vertically integrated regulated financial services. There has been a lot of scuttlebutt about how the crypto industry does away with distinctions that exist in traditional markets, such as separating brokerage and custody, and how part of the path forward from a regulatory perspective might be to reimpose those barriers. Bitwise researcher Ryan Rasmussen said, Now one thing to speak briefly to the decoupling of Tether and USDC over the last few months. This is something I've talked about before on this show, but I think has far less to do with a vote of no confidence in Circle and USDC and far more to do with a vote of no confidence in the United States regulatory apparatus. Circle and USDC have gone to pains to be as compliant as possible when it comes to issuing a stablecoin in the US, and the fact that they had a decoupling event and almost got screwed by the failure of a major US bank, even as the US government was putting undue pressure on the crypto industry via Operation Chokepoint 2 .0, I think increased the risk profile of USDC, not because of anything that Circle did, other than try to comply with US regulations. The move towards Tether and away from USDC is, I think, a reflection of the lack of regulatory clarity that we have. Overall, though, I also agree with the point that this just formalizes what has effectively been the case for some time now, and that sort of streamlining usually does make sense. Now, next up, let's move over to a macro update. The US bond market continued to sell off on Monday as long -dated Treasury yields hit fresh multi -decade highs. The 10 -year Treasury yield climbed to nearly 10 basis points to 4 .35%, a level not seen since 2007. Meanwhile, the 30 -year notched up by 7 basis points to reach 4 .45%. 10 -year inflation -protected Treasuries reached 2 % for the first time since 2008, and the 2 -year yield, which is sensitive to changes in Fed policy, moved up to 5%, coming close to previous peaks in March and July. The overwhelming sense in bond markets is that traders are positioning for continued tightness in central bank policy and potentially a re -acceleration in inflation. Recent macro data indicated the risk of another pulse of inflation with GDP estimates coming in scorching hot. Last week, the Atlanta Fed published the results of its GDP Now modeling, which forecast third -quarter GDP growth coming in at an annualized rate of 5 .8%. We haven't seen growth that strong since the final quarter of 2021, when the data came in at 7%. This is a complete reversal from economic concerns over the first half of the year, where below -trend growth and the risk of recession was front of mind. Zachary Griffiths, senior fixed -income strategist at CreditSite, said, Now, of course, one of the underlying narratives of the past 18 months of Fed policy is that the central bank is seeking to close the door on post -GFC zero interest rate policy, returning to most historically normal policy settings. These bond market movements could be a ratification of the Fed's strategy, signaling a growing belief that a return to the zero lower bound won't be required at the conclusion of this hiking cycle. Now, it's also worth putting this in context of upcoming comments. The bond market route comes just ahead of Fed chair Jerome Powell's speech at Jackson Hole, which is scheduled for Friday. Jackson Hole is the annual Fed symposium for the discussion of longer -term monetary policy strategy among central bankers and interested parties. Last year, the conference was punctuated by a brief and terse speech from Powell that had been apparently rewritten just before the event. At the time, the stock market was in the midst of a strong relief rally, and according to reporting, the Fed chair threw his prepared notes in the trash shortly before the speech. Instead, he opted to deliver the simple message that the inflation fight is not over and that it would involve pain to households and businesses. Andrew Brenner of Natalyon Securities thinks that expectations around Powell's speech could already be providing tailwind for bond traders betting on higher yields. He said, Now, lastly today, a brief China update. For more background on this, go listen to my episode from last week, where we did a bit of a primer on the China economic situation, which is increasingly coming to dominate macro conversations in the U .S. as well. Chinese banks have held a key interest rate steady this week in a move that surprised economists. The five -year loan prime rate was held at 4 .2 % on Monday, according to data from the People's Bank of China. Economists had expected a 15 basis point cut to the rate which prices retail mortgages. The choice to keep rates steady represents lenders choosing not to pass last week's cut to central bank policy rates onto borrowers. Now, the decision is highlighting the dilemma facing Beijing. Policymakers are seeking to drive borrowing in an attempt to combat deflation, while at the same time needing to preserve financial stability in the banking sector. Allowing banks to capture a little more of the interest rate spread should preserve banks' revenue and profitability. This concern was highlighted in a report from the PBOC last week, which said banks need to maintain Goldman Sachs economists wrote in a note, Chinese stocks continued to fall on Monday, with the iShares China large cap ETF now reflecting a full retracement of price action dating back to 2006. Offshore yuan pricing also softened by 0 .3%. Ten -year bond yields fell to 2 .55%, the lowest yield since 2020. The Chinese government has signaled more urgency in shoring up lending, urging banks to expand credit growth amid a slump in borrowing demand. Deflation pressures also continue to mount, with simultaneous trouble in the housing sector and an as -yet unresolved liquidity crisis at major shadow bank Zhangji. And really the big theme is the continued lack of decisive action out of Beijing. This policy of cutting central bank rates while allowing mortgage rates to stay flat at commercial banks kind of continues that weirdness. Bloomberg economist Eric Zhu said, Second, it could be a signal that other non -monetary policy support is in the pipeline. These policy settings might indicate that Beijing is attempting to navigate the economic downturn without taking measures that would reaccelerate housing prices. China already has some of the most overpriced property on earth, and President Xi has been clear that he wants to put an end to excessive housing speculation. Bruce Pang, chief economist for Greater China at Jones Lang LaSalle, said that the policy actions send a signal that, In some ways, this more moderate intervention could represent a transition away from the infrastructure -heavy, growth -at -any -cost mindset of a pre -pandemic China. In remarks released over the summer, President Xi expanded the scope of national success outside of growth, emphasizing national security, risk preparation, and lower pollution. Michael Herson, a former U .S. Treasury attaché in Beijing, commented that, that local officials should stay disciplined against financial risks and not chase short -term goals, but now they are also being told to support growth. Many officials are thus likely to see the safe course of actions as taking modest efforts at stimulus, but nothing particularly bold. So, taken altogether, this really still leaves us in a very liminal in -between moment. In crypto, we've got USDC and Coinbase preparing for an anticipated regulatory clarity coming down the pipeline, but which still isn't there. Fed watchers policy are trying to grapple with what might come next, and different and conflicting signals in again another wait -and -see period. And then in China, they continue to thread a needle between political goals and economic goals, while all around, continued global realignment is happening. A quiet August may be in some ways, but with, it seems, a lot of change building under the surface. Anyways, friends, that is going to do it for today's breakdown. I hope you enjoyed, and until tomorrow, be safe and take care of each other.
The Charlie Kirk Show
A highlight from The Lefts James OKeefe Persecution Complex
"You've spoken and we've heard you loud and clear. We're proud to announce our brand new ACLJ Life and Liberty Drive. Our legal teams will be focusing on the issues that you, our ACLJ members, have told us matter the most to you. Life and religious liberty. We're redoubling our efforts to beat back the radical left's attack on your constitutional religious freedoms and to defend the sanctity of human life. This is your moment to get in the fight. Every tax -deductible gift will be doubled. Join the ACLJ in the fight to keep America free. or college chapter today and also consider becoming a member it's members .charleykirk .com at members .charleykirk .com you get content with no ads you also get exclusive ways to contact me and so much more that is happening including exclusive interviews of Tucker Carlson Steve Bannon and more members .charleykirk .com as always you can email me directly freedom at .com charleykirk that is freedom at charleykirk .com subscribe to our podcast buckle up everybody here we go charlie what you've done is incredible here maybe charlie kirk is on the college campus i want you to know we are lucky to have charlie kirk charlie kirk's running the white house folks i want to thank charlie he's an incredible guy his spirit his love of this country he's done an amazing job building one of the most powerful youth organizations ever created turning point usa we will not embrace the ideas that have destroyed countries destroyed lives and we are going to fight for freedom on campuses across the country that's why we are here brought to you by the loan experts i trust andrew and todd at sierra pacific mortgage at andrewandtodd .com i'm going to read this article here by the way we have significantly moved the overton window new york magazine writes today lock them up is now the republican party's highest goal it's no longer about policy or even culture war but prosecutorial revenge we are in the second sentence the second sentence of this article in new york magazine donald trump supporters as you might expect have not taken his latest indictment in stride charlie kirk writing the federalist proposes a list of democrat or liberal groups to be charged and goes on and on this program you all of us together have significantly moved the overton window i know it's not enough i know you're gonna say oh charlie where's the action before action you must build narrative consensus and that's what we have done this week i know i know i know you don't want to hear it charlie wears the handcuffs the perp walks i hear it i feel it i see it i harmonize i agree with it but something good has happened this week this program along with bannon along with many other people jack pasobek we have and are moving the overton window and the media is starting to take notice new york magazine by the way just how dishonest this is locking up our political opponents is our biggest priority now that's you guys you're the ones that are about to sentence steve bannon you're the ones that just indicted 16 michigan electors most of which are senior citizens drawing on social security just to survive you're the ones that and mark meadows you're the we're simply responding this is james lindsay dr james lindsay one of my favorite people beautiful trouble .org he isolated beautiful trouble is kind of the playbook of the left he said the reaction of the right is always the action of the left and at first it didn't really make a lot of sense you guys can go to beautiful trouble .org it's a left -wing social justice warrior training camp for all these left -wingers and their react the they provoke you and then they say here's a great way to here's a great example and and blake you know there's like an internet meme that shows this they'll slap you and then you punch them back and then they'll say see they punched me they punched me they punched me they punched me that's the best example better example if anyone has watched the nfl or ncaa football it is always what who the second guy that gets the flag always it's the guy that pushes back always it's like the iron law of football now referees have gotten better at this they have but it was like an old running joke that you know some cornerback will push a running back and then the running back will throw him down and the guy that throws him down gets the 15 yard penalty and maybe even kicked out of the game they're getting better at forcing that the left is the one that provokes you they're the ones that push you and then you dare punch back and the media says what are you doing the right there are a bunch of fascists that want to put people in jail meanwhile literally half our movement is under indictment like i'm not exaggerating douglas mackie and i'm gonna get to james o 'keefe in a second douglas mackie steve eight to ten years ago on a campaign finance thing that was so ridiculous the left breaks those rules all the time and they're not stopping so we have called repeatedly for local action action action because now the new prerequisite is local das local das can become national attorney general attorneys general they could do whatever they want again our side is standing still doing nothing doing nothing doing nothing we just bend over and we take it in the latest news this is breaking news this morning shouldn't surprise any of you one of our all -stars one of the top five most important people in the conservative movement who actually drives results and gets stuff done is now under criminal investigation by the westchester county district attorney in new york so if you're to say charlie who are the top five most important people in the conservative movement obviously donald trump tucker carlson and you could debate about the others but james o 'keefe is top five no doubt all -star team 10 out of 10.
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"OK, and so how big did it become? You know, it's probably a billion and a half dollar at business this point. Who owns it now? It's owned by a private equity firm. We sold it to a private equity firm. And that's the transition to private equity. People always ask, like, how did you go from being in the parking business into being a private equity? Well, when I was in the parking business, I bought my biggest competitor in partnership with a private equity firm. So in other words, you had a parking lot business with Penny Pritzker. You sold a piece of it to or some of it to a private equity firm. You said these guys are not that much smarter than I am if they're as smart as I am. So if they can do it, I can do it. Basically. It's known well that it's harder to raise money for private equity today because some people are over -allocated, they would say, and also interest rates are higher, people are looking at private credit more than private equity. So how hard is it today to go out and raise private equity dollars? Yeah, it certainly has gotten more difficult than it was in the last previous five years. Ten years ago, it was really hard for us because we're a new firm. But look, yes, the the obviously the equity markets change that sort of did not have that denominator effect for a lot of capital allocators, and that makes it hard for them to commit more to private equity. But, you know, we have a niche, very focused strategy, and we've had some success. I think the industries we focus on are pretty resilient. And so it's taking us a little longer to raise capital. But I think we'll get there. But it's no doubt tougher. And your capital mostly comes from the U .S. or do you raise money outside as well? Mostly from the U .S., but we do have some some capital from Europe and the Middle East. And what about finding deals? Is that easier or harder today in this environment? It is harder. Well, sellers are less eager to sell in an environment where they can't get the best price. And certainly rising interest rates have made it harder to justify higher prices. And so there are fewer deals available. And of course, those companies that are being sold are really, really good companies and there's a lot of competition for them. And so prices are high. So you have to be very disciplined and selective and pick businesses that you know a lot about, where you think you can systematically create value and that you have confidence in over the long term. And so that's what we try to do. And look, we will over -equitize businesses in this environment and worry about financing them to their capacity later, when the debt markets are a little bit more stabilized. So it's tougher. But you got to have an angle, you got to have a network, you have to have a systematic way to create value. Now, when he was elected president of the United States, Barack Obama was said good to way to have been go about elected as Barack Obama, or when people say no, he's really, really substantive, and he knows more than just Barack Obama. So how did that work? Well, I remember Barack asked me before he ran for president what was the most important thing he could do for young people of color if he ran for president? I said, And well, the most important thing you could do is win because it would the way the world perceived people of color in a pretty profound way, young people would think about their futures in different a way. Certainly he handled himself as president with grace and integrity, and so I think there is a halo associated with being the friend of person a who conducted himself in such an admirable way, even people who disagreed with him, trusted him, knew he was being honest and do wanted the to right thing. And so I think, broadly speaking, that helped. And Nesbitt, that was Marty founding partner and co -CEO of Vistria Group on Bloomberg Wealth with David Rubenstein. And coming up, we'll hear more from Nesbitt on his relationship with Obama. Plus, Ed, about Obama's long -shot presidential run. You're listening to Bloomberg Wealth with David Rubenstein, part our of Best of Bloomberg series. And this show is brought to the Bloomberg Daybreak U .S. edition podcast. Bloomberg's Valerie Tytel joined us on this week's Everything Rally. What a bout of optimism we've had this week. You know, even I've got a smile on my face that the door to this mythical soft landing is opening a bit further. You know, after the CPI and PPI came and in cool, and most importantly, the sticky components of inflation, the ones that we were worried about that weren't going to to budge lower, without a rise in the unemployment rate, without some real weakness in the U .S. work, those are showing a disinflation trend. And, you know, I want to say we might get We're at a point to this a point year where you're going to have to throw out that economic textbook that inflation can
Northwest Newsradio
"ten years ago" Discussed on Northwest Newsradio
"Ten years ago i started helping folks cancel their timeshare and in the process started what's now called the timeshare industry cancellation timeshare is the only thing that you can buy that you can't tell me how much it's going to cost or when it's going to end when you buy a timeshare you give them a blank check to fill out any amount they want for annual maintenance and assessment fees the crazy thing is this never ends even when you die your family's now going to be stuck with this burden stop the insanity today call my office now if we take years o 'clock i guarantee we'll cancel your timeshare or you'll pay nothing call for your free information kit 800 -462 -3333 that's 800 -462 -3333 800 -3333 -462 take control of your wealth with stock charts dot com for more than two decades stockcharts .com has been recognized as the industry's most trusted technical analysis platform delivering the charts tools and resources you need to succeed in today's market there's never been a time better either because stockcharts .com is giving investors a free one -month trial track your stocks scan for new buying opportunities and get automated alerts when you need to take action it's all in one place it's all at stockcharts .com don't wait until summer call stay roofing today and you can have a new roof three within weeks plus you'll get $500 off a composition roof or a thousand off a metal or rubber roof state roofing has been making homeowners happy for more than 50 years they do it all with an impeccable presentation and they help you save money too with no money down no interest and no payments for one year full check them out online at state roofing .com 132
KGO 810
"ten years ago" Discussed on KGO 810
"But is it the purpose of the Federal Reserve to show stability? Again, I don't know this. But certainly, this is ten years ago when I was a bank board of director before we sold our bank to unquote bank, but I don't know how the Federal Reserve can backstop Silicon Valley bank and not. Now, the word on the street was that Silicon Valley bank, you know, there's talk of lawsuits because of the fed reports on the bad behavior. We don't know if there's been any bad behavior on first republic bank. So how can you justify backstop in a bank that you had concerns about and is first republic simply just simply a victim of being the wrong place at the wrong time. Because it had a similar but different business. I mean, in my mind, this hearkens back to the days of the Great Recession when you and I were making our mortgage payments, but we and I got hurt because of bad behavior by a few. And I know I've heard the analogy that hopefully this issue with these smaller regional banks has been fenced in. And it's not going to have hurt the overall banking sector. But you've got to wonder, you've got to wonder 8 6 6 four 9 6 2300 is the number that's 8 6 6 four 9 6 2300. Now if you have exposure to individual companies, if stocks and you're grown a little bit tired of the noise because you just don't know. Or maybe it's a function of the fact that the last 18 months, 18 months, 17, 16, 17 months have been a little bit wearing on you. If you'd like to take advantage of our complementary review process, no cost no obligation, more than happy to do a holistic review. We could just do an investment review, but that's really looking at things in a vacuum, right? Because we all know it's going to work until it doesn't work. And then you don't know what your vulnerabilities are. 8 6 6 four 9 6 2300 is that it's 8 6 6 four 9 6 2300 is the number. Gifts from the IRS. How is that possible? Let's talk about it. 8 6 6 four 9 6 2300. This is the Greg O'Donnell financial hour. You're listening to me? Greg O'Donnell, on the OD 5 radio network. When the market does well, everyone's happy. But market gains, of course, can camouflage a lot. Like how well you're really doing compared to the markets today and how well your protecting your investments in the event of a market correction tomorrow. It all depends on your portfolio diversification, many investors in their advisers don't even know how diversified they are beyond just their first few holdings. Greg O'Donnell and the people
AP News
"ten years ago" Discussed on AP News
"Cooperation? It was ten years ago that bombs went off during the Boston Marathon killing three people and injuring hundreds. Our Julie Walker reports. A bagpiper plays as families, runners, the mayor and governor look on at a wreath laying at one of the sites of the three memorials for the Boston Marathon bombing victims. It's a day of remembrance and a day of community service in a city a decade ago rocked when two pressure cooker bombs were set off by brothers at the marathon finish line. A new yearly report from the national urban league says there are major threats to democracy for black Americans, including new limits on how history can be taught in schools and obstacles that undermine how black officials perform their jobs. And England's grand national core rambler produced a strong finish. The world famous horse race was delayed because of animal rights protesters, one horse died in the competition. Officials at TikTok are vowing to challenge a proposed ban against the app that was passed by the Montana legislature. This is a P news. Contentious times for worshippers in Jerusalem. I'm Walter ratliff with the religion minute. Religious Jews celebrating Passover sing at the entrance to the Al-Aqsa Mosque compound this year pass over overlapped with Easter. It also coincided with the Muslim sacred month of Ramadan. The overlapping holy days in each faith was felt on the streets of Jerusalem. Leaders of the Greek Orthodox church say Israeli police are unfairly limiting worshippers right to celebrate the Easter holy fire ceremony. And inappropriately placing the burden of the churches. The Roman Catholic Church in the Holy Land says there has been an increase in brazen attacks on Christians here. Most Israeli officials have stayed quiet about the attacks, and the introduction of a law criminalizing Christian proselytizing and the promotion of plans to turn the mount of olives into a national park, prime minister Netanyahu vowed to block the bill from moving forward following pressure from evangelical Christians in the United States. I'm Walter ratliff. And I'm Jackie Quinn. AP news. China has said it has carried out a successful ground based missile interception test, the test is a sign the nation is able to bring down weapons such as ballistic missiles that are in coming from space. China's defense ministry says the operation was carried out within Chinese territory and achieved the desired test objective. The ministry also insisted the test was defensive in nature and not targeted against any country, referred to by the U.S. as ground based mid course defense or GMD, such systems are hugely complex and expensive to build test and maintain. China's capabilities in the field are not well known. I'm Karen Chammas. The tenth anniversary of the Boston Marathon bombing is being marked today throughout the city. A bagpiper plays as families, runners, the mayor
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"Lot of different things with that watch. I remember when I started reporting on watches almost ten years ago and we learned about the I learned about this brand and it was not like Andy said it was not something that people knew about only only watch Gees knew about it and now now these things are much more in the mainstream and lots and lots more people are lining up to buy them. Andy, we can't see you right now, but Chris is wearing an Apple watch because you're in Switzerland. Okay. What are you wearing on your wrist and what do you think of Chris's Apple watch? First of all, Apple Apple watch is a very interesting and clearly carefully designed watch. I'm wearing a Swiss brand called Narcan, their GMT watch. I think we actually wrote about it in December. And I just actually visited them today. Very interesting and that's another independent brand. What they are is basically making pretty classic watches, but they're making and they're an independent brand. But they have great distribution there are about 5 years old and their watches are now available in the U.S., Switzerland, and Japan. And they're in that three, that 2000 to 5000 Frank or dollar range, which is actually used to be quite crowded. And now the trend in the industry is for everybody like omega and everybody in brands like oris and other independent brand to move up in price and so there's a vacuum or avoid there for reasonably priced watches. That's Bloomberg for seats senator Chris rouser along with Bloomberg news reporter, Andy Hoffman joining us from Geneva. You're listening to Bloomberg business week coming out by the secret to successful innovation is falling in love with the problem, not the solution. They were amazing
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"Completely from a year ago three years ago, 5 years ago, ten years ago. But actually, it gives us a lot more optimism now in terms of fixed income actually giving you a decent yield. I mean, obviously we're relatively cautious in this environment, but fixed income now is really, I think, a very decent good asset class once again. You can get the decent return with little risk at the moment if you're in the front end with low duration. So I think for the long term and going into next year, then I think there are a huge number of opportunities in fixed income that we haven't seen for such a long time. So I think in terms of the team and fixed income investors in general, I think this is a far better environment going forward than we've seen for such a long time. Do you think we can break out into this environment a new equilibrium and new normal on a sustainable basis? Do you get the feeling we can? We get a ton of pushback around a table that we just can't live with these levels of interest rates. Do you think we can? Well, we've seen this in the past. We've certainly seen interest rates much higher than this in the past and I certainly think we can live with interest rates being much higher. And I think to a certain extent to get back to a healthy financial environment, I think to have rates a little bit higher. I think is beneficial for a lot of different businesses. So I think it's certainly possible to get to a sustainable level. There's beneficial for the economy. The world has changed. That's for sure. Thank you. Also want to catch up. Marilyn Watson, a BlackRock. Foreign exchange interest in again, Tom. After being boring for a long time, fixed income interested again after being boring. For a long time, I think we've all seen those stock shows over the last ten years, they're now talking about Mooney bonds Tom. All of a sudden this tell us about fixed income and Mooney's. Well, it's there. You know, kid is anyone. You mentioned it's about the risk free rate, which has been gone for exit over years. And within the risk free rate is the idea is, as I said, this 15 times tele is a great quote. Yeah, I love that. And on a Matthew basis, that's what it is. It is a whole new math, after all, just like I will take Maryland's point, we've lived with this before. I don't share the gloom about our inability to live in a high rate. I will say, I'm watching the real yield very carefully, not only the real yield, but the television property. You can see that Friday. Thank you for that. Thanks for the primary. Later after appreciate that. Well, I'll just add this and just to give a little gloom to offset that because that was way too optimistic. But in all honesty, the real tension here is how much debt has been issued at rates that are not sustainable at this point. So what happens with all of those companies? And so you'll do. And well, exactly. And does this end up with an unsustainable number of corporate failures if this does persist for the decade to come. And that, I think, is attention. The self in debt profile has changed. Completely. In a massive way. Massive. Since the last time we had rates here, coming up, Stephen Shaw, the principal at the short group. I imagine he's got some things to say about OPEC plus and this White House. Look forward to that. Live from New York. This is Bloomberg
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"Takes to preserve the Euro. And believe me, it will be enough. Ten years ago, the European Central Bank was facing a different kind of crisis, bond yields were spiking across the Euro area over fears that Greece may default on its debts. In a speech in London, then ECB president Mario Draghi said he would do whatever it takes to save the currency, those three words marking a turning point in the crisis. We've been speaking about this to Patrick Helena, and he was on the ECB governing council at the time. He's now a senior fellow at the Peterson institute for international economics. He told Caroline Hepburn and I that in the months prior to the speech, there had been discussions about technical options to shore up the Eurozone, but that Mario Draghi's words on that day still contain some surprises. Whilst the speech prepared in the sense that every member of the governing council knew the day before he spoke, but he was going to say no. People knew he was, there was a sense that he was going to do something. And something important, and we knew that the range of possibilities that were there. And I certainly, I knew he was going to do something, but I didn't know what he was going to do. But why did I not know he knew I had he? He would have my support. So he didn't have to loving me. Others might have known more a little more. But I think that largely, in a sense, he says himself that he really departed from the script because he sensed that speaking in London to a bunch of brandies including a lot of Euro skeptics, including foreign government king, was there. I think he was the chair of the event. And Larry was saying, look, I have to say it now. So he did depart from his speech. He also used some words in addition to whatever it takes, which I think will rather important. He said, within our mandate, we will do whatever it takes. What does that mean? It's sort of conveys the idea that I'm not just throwing this out. I have given legal consideration to this within our mandate. Within our management, he's going to say something important here, something that is going to hold up legally. And then he says another thing and it was just with the toss of his head. He looked up and he said, and believe me. It will be enough. And believe me, it will be enough. It's a great theater there. And the audience, there were people who would go commanded lots of money. The audience realized, actually, this guy is trying to convey to us that he is going to do something because he's put his personality guns. Marriage is a great theatrical presence. And I think that believe me it would be enough was almost more important than whatever it takes. Those reflections are so fascinating. When you look at the debate now over the anti fragmentation tool, we of course have a new ECB present and so on. Do you think that the ECB has retained that power that personality to convince markets through rhetoric? The ECB continues to have divisions, if you like political divisions, divisions between the idea that countries that are in difficulty should solve their own problems, as opposed to if countries aren't difficulty, the system isn't difficulty and the system has to take control of the situation. Those divisions will remain there. And there are new personalities in place. It's not just a question of a new president, but the same kinds of divisions nevertheless an awareness and awareness of speech and the measures that were put forward the concrete measures that were announced a couple of months later that they did stabilize the system that things can be done and they can be done legally and they can be done with sufficient political protection. That was Patrick hone former governor of the Central Bank of Ireland and I senior fellow with the pieces and institute French national economics reflecting on that whatever it takes speech from ten years ago an interesting to hear his comparisons about how he sees the situation facing the UCB now versus where it was ten years ago as well. We'll have more of that interview coming up later in the program. For now though, let's take a look ahead at some of the key events the markets are watching for today. Leanne. Steven, good morning, great interview, by the way, now let's see what we're watching. So at 8 30 a.m. UK time, the European Union will hold an emergency meeting on energy ministers are starting to arrive at around about now so keep an eye out for that. At 1 p.m. UK time will have Hungary's Central Bank rate decision that followed by some U.S. data the afternoon, including consumer confidence and new home sales, some big tech earnings so alphabet and Microsoft reporting after the bell and the IMF will release its world economic outlook update later too. Also something to note if you're living right here in the UK as the day goes on, you might see train services hit as preparations for tomorrow's national strikes are made, so network rail employees than those at 14 companies are walking out, so check before you travel. Okay, thanks very much Leanne go and look ahead. We're coming up next. We'll be back to the markets with Valentina news
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"Has driven the investments more than the investments have. So David, it's a pretty incredible thing. And part of what we're trying to illustrate on the support is if you've been investing 20 years ago, ten years ago, it was all about the Central Bank's reaction function to the economy and how the Central Bank would react when inflation or employment moved too far away from normalcy. The last ten years and certainly anybody we've hired or worked for us has been there ten years has been an environment where the central banks are over functionally all you have to focus on because they are driving the dynamic around how prices are moving. Why is that the case? I mean, listen, you need aggressive monetary policy. When you go through a financial crisis, or you go through a pandemic, you need aggressive policy. But there's been this process of tweaking to get back on the line that I would argue is creating more volatility to markets. I would argue, including this Central Bank, including the fed, we need to get to neutral quickly. Get to neutral, the system has an ability to recalibrate itself, be flexible. I always say, high prices of the cure for high prices. The U.S. economy is incredibly adaptive. And you're seeing it, it was a good article today about, you know, you'd look at gas prices higher consumption comes down. The system recalibrates, but we've become used to the Central Bank is kind of trying to put us back on a line of 2% inflation and full employment. And I would argue it's actually creating more volatility at times than is warranted by how much the economy actually actually gyrates. When you say get back to neutral, we heard from a chair Jay Powell and his testimony for Congress this week saying he still thinks neutrals around 2.5%. But even he is saying now we may need to go above that. You have other people saying, we need to go way above it in order to really put a stake through the heart of inflation. Is that wrong? Listen, I don't think you have to go away above it. I think the chair is right. And I think what they're doing now is exactly the right policy. And others have been critical about, we waited too long to move, and I think the fat has been clear on that being the case. But there's a question of what is the tradeoff from if you get to neutral and a bit beyond. We shouldn't be at easy policy like we are today. Get to neutral, do another 75, get closer to neutral. Let me do a 50 on the backside of that. You know, you think about what you could do, fiscal policy, solar battery. You've seen some developments recently. What you could do in precision ag to help the food market multi-family housing incentives, to build more multi-family, housing affordability is really hard, is really expensive today. Multi-family is going to be people are going to stay in rental. We need more development of multi-family. These are fiscal initiatives that need to come in and can be and by the way I have a real velocity to them, create multiplicative economic impacts. Just raise just keep raising rates and taking people out of work, it's a blunt tool, and maybe it doesn't work. And maybe it doesn't bring the inflation down. I just don't agree. Okay, Rick, thank you so much. I always great
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"A look around your home because your home feel you or does it feel you ten years ago Maybe it's time to update your home with a fresh coat of beer premium plus interior paint Today make your home feel more you bear the most trusted brand ranked most trusted paint brand based on the 2022 live story research study Business finance and the latest news evicting world markets powered by more than 2700 journalists and analysts in over a 120 countries This is Bloomberg radio Now a global news update President Biden fell off his bike while riding near his vacation home in Delaware today the Secret Service quickly swarmed the president who told onlookers he was good and he was looking forward to spending the rest of the day with his family The president said he had trouble taking his biking shoes out of the pedals when he stopped to greet some well wishers A CDC panel is expected to quickly sign off on COVID-19 shots for kids under 5 The panel is meeting this weekend to review the FDA's approval of both the Pfizer and Moderna shots for very young children That would make the vaccines available for about 18 million children within a matter of days President Biden hailed the FDA's decision is a huge relief for American families A Philadelphia firefighter has died after being trapped in the rubble of a collapsed building Local news reports say the building in the city's fair hill neighborhood caught fire around three of this morning but was put under control several firefighters remained on the scene to check for hotspots when the building collapsed on them That's the latest I'm Brad seal This is Bloomberg intelligence with Alex Steele and Paul Sweeney on Bloomberg radio I'm Katie Gupta filling in for Alex Steele and Paul Sweeney this.
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"There This is Bloomberg opinion Have a look around your home does your home feel you or does it feel you ten years ago Maybe it's time to update your home with a fresh coat of beer premium plus interior paint Today make your home feel more you bear the most trusted brand ranked most trusted paint brand based on the 2022 live stream research study And JIT New Jersey institute of technology makes innovation happen The university helped biomedical engineering professor Tara Alvarez launch a startup that may revolutionize vision therapy Our startup through NGT is called ocular motor technology We create virtual reality vision therapy in a head mounted display So it's gaming and basically sugarcoating the therapy so that children and young adolescents don't even realize they're doing therapy To accomplish this we need biomedical engineers which are here in on GIT campus a computer scientist artists people that are into story development and then we are collaborating with a lot of the large pediatric medical centers This idea of a startup culture is extremely important to not just NG IT and the national science foundation but also to the U.S. as a societal hole And JIT New Jersey institute of technology learn more at nj IT dot EDU Not completing high school is more of a social thing than it was in academic thing I came out in the 11th grade Nobody was embracing you The kids were cruel It was very difficult to be gay Even though all these years have passed I still had that longing to have my diploma The hard part was determining that I was gonna do it But I definitely didn't do it alone At age 30 with the help of her mentor Carissa finished her high school diploma I have a mentor Maria She convinced me to continue my education and to finish what I started to get my diploma.
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"A look around your home because your home feel you or does it feel you ten years ago Maybe it's time to update your home with a fresh coat of beer premium plus interior paint Today make your home feel more you bear the most trusted brand ranked most trusted paint brand based on the 2022 live story research study Money minute with rising mortgage rates the American Dream of owning a home is more challenging than ever and for those paying off student loans it's even tougher They have a huge amount of student loan debt Some of them like a 180,000 Linda McCoy president of the national association of mortgage brokers says many lenders have been reducing their qualifications on student loan debt I know FHA is only a half a percent now where they were 1% They're getting income ratio goes higher than it does on conventional A lot of your programs will go to 56% of your debt to income ratio on an FHA Some mortgage lenders are even offering to pay off as much as $13,000 in student loan debt for approved borrowers Even builders are pitching in But McCoy says there's a bigger issue at hand The real problem is going to be a sustainability You know are they going to be able to afford the home once they get it Lisa Matteo Bloomberg radio If you're having a business dispute the process can be slow and drawn out especially if you rely on litigation in the courts you can wait for years before your case is resolved and the longer your case proceeds the more your case can cost not with the American arbitration association Arbitration or mediation with the American arbitration association is faster In fact nearly 50% of our cases settle prior to hearings ADR dot org resolve faster Hey guys it's me Isabella Gomez filling in for smokey bear because he's got more to say than just Only you can prevent wildfires Like if you're outside enjoying a barbecue don't let a hamburger distract you from fire safety Make sure you aren't dumping your hot coals or ashes onto the ground because that could start a wildfire So take wildfire prevention seriously and let's save the world one day at a time Go to smokey bear dot com to learn more about wildfire prevention Brought to you by the U.S..
Bloomberg Radio New York
"ten years ago" Discussed on Bloomberg Radio New York
"At some of our favorite conversations from the past year one in which retail traders emerged as a market moving force That was a big theme of the year too It really was a big theme in our next guest is on the board of corporate giants like Nike McDonald's and The New York Times he's also chairman co CEO and chief investment officer of Ariel investments We're talking about John Rogers He joined me in Bloomberg news New York deputy bureau chief shirt of Brantley back in July and expressed concern that novice traders particularly from communities of color are not yet fully equipped for long-term investing success I do worry about it The good sign is we're getting more and more African American investors and places like Charles Schwab have really democratized the stock market and it's very cheap to get involved and you can do everything online and not be intimidating by traditional white shoe investment firms So all that is really really good But the downside is often this happened when the Internet bubble at the turn of the century we get pulled in the market gets sucked into the latest themes too often because we haven't been as engaged in the stock market as white Americans So I do worry that we're getting pulled into some of these risky areas and exactly the wrong time And we know the way that we came to this country the traditions that we had to fight against the Jim Crow and all the challenge that we faced in our community put us behind the 8 ball when it came to investing and getting comfortable in the markets And so again whenever at least get pulled in I do worry sometimes it's late in the game Well let's talk about financial literacy and how that plays into alleviating your concerns Well you know I think we need to continue to do more and more We have just scratched the surface when it comes to financial literacy During the Obama administration I had the privilege to be able to be able to share his council on financial capability for young Americans And we talked to the president about how can we get more financial institutions to partner with urban public schools to teach kids about the market Give kids real dollars to invest in real stocks The role models for young people of color to getting engaged in the financial services sector as career choices So I think we have a long way to go because there's just so critically important that African Americans get exposed to the markets at young ages We know the wealth gap in this country has gotten larger and larger We've fallen further behind because of the historical discrimination that we face in this country So the way to catch up is to get folks involved in the best parts of the economy where the wealth and jobs are being created today and learning about the magic of compound interest and getting comfortable inequities because we all know when you get a job now you have to be your own money manager with your 401k plan So financial literacy is more important in this country than ever John how do we get there The reason I ask is I actually came across a Federal Reserve paper that was done by a researcher about ten years ago I think talking about the importance of financial literacy I think about someone like Warren Buffett who talked about compound interest like knew it when he was at a young age We have been talking about the importance of financial literacy across society for a long time And I wonder how do we really move the needle on this Because I agree that this is something that unlocks the financial is the key that unlocks financial wealth for more Americans and certainly for black Americans Well I think one of the things I talk about all the time my father bought stocks for me every birthday and every Christmas after I was 12 years old And I got exposed to the markets at an early age and loved it You know there's a program in New York New York City rise that is doing that with young people getting kids into 5 29 programs that write in kindergarten and on the way And the aerial community academy that's now 25 years old we give kids real money to invest in real stocks and they get to see the money grow from kindergarten through 8th grade And I think that's just so important You got to get exposure You know get your hands a little dirty with the markets learning how to do the research seeing the inevitable ups and downs but seeing how markets steadily climb even after you have some ups and downs we come back from downturns and bounce higher So I can't overemphasize the importance for corporate America to work with public schools get public schools to have robust financial literacy programs and get volunteers from the corporate community to get in there and talk with kids about how to do the research And the magic of our capitalist democracy that really builds wealth over time Just a quick follow Should it be mandatory in schools I personally think that kids should be starting in kindergarten learning about financial literacy Make it part of the curriculum Do you think that's what needs to be done I think that's really critical I think that's exactly right I know local communities make the decisions on their own local schools It's hard to dictate that federally But I always joke with my friend Arne Duncan the former secretary of education that the French class is maybe not as important as that financial literacy class I think I've been to France 5 times in my life and I spent 5 years studying French Financial literacy is so important to our economy and so important to our country and all communities Well there have just been so many efforts if you will announce post George Floyd You know your organization has launched project black Can you just tell our audience a little bit more about that And what has been the response so far Well our co CEO created project black in partnership with JPMorgan Chase and Jamie Dimon melody hobson had this vision this idea that we would create a fun that would build stronger black.
Get A Grip On Life
"ten years ago" Discussed on Get A Grip On Life
"Because he thinks at that age. They're they're learning so now they think. I gotta wear masks. Every time i go side yeah. I'm scared safe. We're creating a generation of germaphobe I don't know if these kids will ever get over it man. No i don't either. You have a generation of white kids that that hates themselves for being white and is scared shitless of any germ very true or being close to people. Yeah that's another one that to me is the whole skin. Hunger thing the whole skin hunger. That's what that's there's something called skin hunger. It's it's like what's a disease but it's like result of not touching other humans enough so there's actually a pathology or a psychological condition. You just want to have og rain. So what they started for these people that live alone. Is they started these. Hug clubs where people would just come. That didn't know each other and they would hug each other and then they started these things where people would just cuddle wherever that. Yeah about ten years ago right us. Like you'd get some old dude and some old lady. Hey they don't wanna they don't wanna get funky. But just cuddly hug cutler shuttle together on the band they touch each other and they touch each other up and it says it's so obvious that we need to touch each other. It's so i round people. Yeah i shook guy's hand the other day and he's like. Oh god i felt so good. I'm like.
"Diary of an Unemployed Actor"
"ten years ago" Discussed on "Diary of an Unemployed Actor"
"Out there is still need the love interest. They still need the father. Apparently the tool of a brother. Whatever i don't care what we need. Yahoo need girls out there especially in the stunt world like there was i think ten years ago. We were still wigging guys. Just not noble girls. Oh yes why no. It's it's time time from our girls. The under martial arts and get an apartment or do that into the park. Were world's definitely. That's something that we're like advocating hardware right now is getting more girls into it and making it more equal and friendly and it's good exercise into sounds because you car exactly is great exercise. Is there anything you've ever said like no to like. Have you ever received an audition or anything and you're just like you know what no i'm not interested. Not necessarily i definitely received auditions. Where like some of the feedback prior to it or you got asked to audition for stuff in the description of it was dislike pretty thin like this. Is this weight female. But it was for you know something. We were doing a resume widey here. What side like one. I weigh should hinder somebody getting a zoo modest. I understand like no. I doubt because the way doesn't matter only your size. Let you know if you need somebody sizes for costuming. That make sense like view already. Have costumes made or you need to make costumes but telling somebody like this is the size of the expect. Somebody referral super weird. And then i went back and looked through in nanny. The guy stuff said oh. I i will say i have seen stuff like that for guys though i mean stuff. They're like you know height or like you know. How often do you go to the gym. Kind of like descriptions stuff around it just. Yeah so. I've said no like. I declined additions based on stuff like that before. I'm not willing had anything uncomfortable to say no to at this point for me..
Creative Therapy Umbrella
"ten years ago" Discussed on Creative Therapy Umbrella
"There is a definite effect. And so what i did was i kind of pitched my idea about the chapter. Which they the editors were completely on board west and i was able to show several key studies of different families that i've worked with some of which definitely had more amicable morse's whereas some were a little bit more contentious and I will say those are the ones that i probably see more often. Unfortunately but it's you know it's very important to realize and especially for parents and educators and clinicians but when a child comes in and they're seeing you for something totally unrelated let's say or seemingly unrelated when you learn that there was a divorce. Some people might discount that more. Just have it be okay. That happened ten years ago. And you're fine with that now or you know. There's nothing obvious going on with that right now. As you really start to work with those clients so you see that. There's a lot of unfinished business there. And there is a real lack of closure surrounding what happened in the divorce. I've seen so many kids turn. Just have all of this guilt. I really feel like it's my fault. I really feel like it's something that i did. And then imagine trying to cope with that in your day to day life very traumatic and then of course i have you know really on the other end of the spectrum. Some pretty awful situation that children are put into that eventually. Leads to divorce and those situations really needs to be tended jew and cared for in a careful way. You know through the therapy session. So there was just a very large need to push out there. This idea that shakes or coming from a family of divorce or going through a separation or divorce. They need a lot of extra care and here is how we can look at it through an art therapy lights. So that was. The idea of the chapter. And i was able to showcase of different directives that i use to help families and or hid or sibling works through this work through what their family is going through because it is a very big an important part of their life and they're going to carry it with them. I mean think of how many adults do you probably know that still had shoots relating to their.
Marsha's Plate: Black Trans Podcast
"ten years ago" Discussed on Marsha's Plate: Black Trans Podcast
"But do you feel that. They way about women down. Have to tell you if i had a sex-change ten years ago if that's what they wanna do no i think that's their business absolutely absolutely. I think it's i think my identity is reminding. Health is for me to tell. But i also am a realist too. I know that there can be consequences for me. Not telling my teeth. You know what i'm saying. I know that there. There's a there's a reality of those consequences. But that still i choice to make is by choice to make if i want to take the risk bringing new governor dick without telling them that's my choice to make. I'm i'm making the choice to be deceptive and so i'm also accepting the consequences but i'm also not saying that the consequences should be me being beat or me being murdered or you saying there's a ladder who artisans and so it's still my business. Detail is still my choice to make when it comes to accepting what consequences or may or may not come and i still feel like whatever it is. I don't deserve to be murdered. you san. that's that's just. I don't.