37 Burst results for "The Wall Street Journal"
Media Freaks Out Over Trump Dinner With Nick Fuentes and Ye
"I'm ready to give you the proper analysis over Trump's big dinner at Mar-a-Lago, which was a DEFCON one response from the media. Even conservative media. Breitbart and The Wall Street Journal national review. All running around with their hair on fire because Trump had dinner at Mar-a-Lago last week with Kanye and some white nationalist guy, some Holocaust deniers supposedly. And there was a complete media freak out. I'm on vacation, my phone's buzzing. Alerts. Trump had dinner at Mar-a-Lago. I'm thinking, what do you do? He shoots somebody at dinner? They knock the table over? Desperate Housewives style? What do you do? He had dinner with Kanye. Now, I don't remember that melting down to this extent when Kanye went to the Oval Office a few years ago. Remember that one? I guess they did. I don't remember.
Fresh update on "the wall street journal" discussed on Bloomberg Businessweek
"Right, Charlie, thank you so much. Well, newly impossible to miss the video and pictures and stories about the protests that have erupted against China's COVID zero strategy. We were talking about it with our TV colleagues in terms of the market impact. We talked about it earlier about Apple specifically. But it does represent one of the most significant challenges to Communist Party rules since the Tiananmen crisis more than 30 years ago. So great to have a voice back with us. A member of the Bloomberg family to be quite honest. He's back in our Bloomberg interactive broker studio, Andy Brown, former editorial director at Bloomberg new economy, spent three decades in Asia's both China editor and columnist for The Wall Street Journal, Pulitzer Prize winning journalist, he leads the China hub as a partner at Brunswick group today, a critical issues advisory firm. So so grateful that you came back to Bloomberg to talk with us Andy again. So the disruptions, the protests, how do you think president Xi is kind of, what's the calculus around that for him? First of all, Carol, it's great to be back. Thanks for having me. So this is historic. The events in China over the weekend. And I think it is the beginning of the end of COVID zero. And it is going to be, I fear a messy chaotic and deadly unwinding of an irrational poorly conceived and disastrously executed policy that has Xi Jinping's name all over it. He owns it. And he owns the public outraged that led to this to these street protests and campus protests all over all over China over the weekend. So a mistake by G? Look, it's an indictment of she himself, but it's also an indictment of the system that he set up. And it is a top down heavy handed, personalized system. Inflexible, ideological, highly politicized at times brutal. And the system failed in its failed catastrophically and the irony is that it has triggered precisely the thing that Xi Jinping most fears. So, you know, for the first time protest, right? Protest, but the type of protest. So there are protests in China all the time. But they're almost always localized, single issue protests. Workers aren't getting paid in a factory or in rural area, some government connected business has grabbed your land. A lot of protests, this is, but they never networked, right? And they're very easily contained. These are nation wide protests that bring together disparate groups of people, poor people, rich people, students, workers together for a common cause, and that is to defeat COVID zero, which has led to enormous amounts of frustration within the population. And the trigger for this was a fire in a room in an apartment block that killed at least ten people, including we see the picture of this lovely Uyghur lady and her children. And the suspicion was that they had got trapped in their apartment by COVID restrictions, so fire exits being blocked or in these concrete barriers to get placed around blocks of the fire trucks couldn't get in and extinguish the blaze. And this trick is something very deep, very emotional. That lady was everybody's mother. Everybody's sister. Everybody's wife. Those children could have been my kids because you've got 400 million people in China now living under some kind of a lockdown, many of those in precisely those conditions. Their front doors have been welded closed because they can't get out and people live in fear and have been living in fear now for a long time. And so this just triggered this swelling sort of surge of anger right across the country and it was so big it wasn't good you know how clever they are and how efficient they are blocking discussion on social media this outbreak a bust was just so passionate that they couldn't contain it. I was amazing like the amount of video and pictures that we were able to all see throughout the weekend. Andy, I wonder what the next few days look like, do you think? I mean, will there be an effort to suppress these protests to put them down and sort of put people in jail and counter attack against the protesters? It seems like it could get ugly in the next few days. You know, here's the reality. Xi Jinping has no good options here. He only has tough decisions difficult tradeoffs. So I'm pretty sure that with every fiber of his body, he wants to crack down, okay? I mean, he is haunted by the collapse of the Soviet Union, which he blames. They lost their ideology abandoned Stalin repudiated Stalin. But they lost controls of the levers of power. They compromised. Glasnost and perestroika. He's absolutely determined that that is not going to happen. So he doesn't want his policy. His signature policy to be derailed to be challenged by street protests. And I'm pretty sure that there are already now going after some of these leaders of the protest. But here's the thing. The more if he cracks down violently, he could he could promote an even bigger social explosion. People have had enough. I mean, they're really up to here with zero COVID. Now, on the other hand, if he opens up and opens up too quickly, he risks an explosion in cases and mass death. Even under the most optimistic scenario, as if they opened up like Taiwan did or at Singapore did, you know, because of the infectiousness of omicron and the vulnerabilities that you have in even a highly vaccinated society you're still going to get a million or more deaths. Now, that's dynamite. Xi Jinping, you know, the Americans lost a million. The Europeans lost a million. This proves the decadence and incompetence and the corruption of their system, their careless system, but we in China have a superior system. Nobody very few people died outside of the original outbreak. So he's going to be very, very careful. But look, the real problem here is that there has been a staggering failure, and it is the failure to build defenses against omicron, that they've been so fixated on zero COVID that they haven't invested in ICU beds in train specialist medical staff. But most importantly, they haven't adequately vaccinated their elderly population. And of course, they have no natural immunity now. So a lot of I've been hearing a lot of commentary that this isn't another Tiananmen Square, but could it get to that point? Is that a bad comparison? Yeah. Look, we've moved on. And look, I wouldn't rule, I wouldn't rule anything out, but we've moved on the government. Has far far more sophisticated tools now to counter descent than they ever did back then. As I say, I'm pretty sure, look, every square inch of every city in China is watched by a camera. They already know who the leaders of these protests were, voice recognition, face recognition, gait, recognition, they're probably in touch now with their networks with their professors with their colleagues with their with their families. But you know, here's the other thing. The protesters are also pretty clever too. And they've shown a tremendous amount of ingenuity. So you see these students at qinghua. This was a crazy one where they're holding up a banner with a mathematical equation. I guess you need to be a math, and I'm not. You need to be a mathematician to understand that this equation was written by a mathematician called Freeman. Okay? It's Freeman's equations. This sort of subtle algebraic cry of a liberty. Right. You know, blank sheets of paper and so on. Is this a risk of losing some of his political clout, which he just cemented? You know, recently? You know, his, his model and his governance style and are going to be open to much greater scrutiny. On a global stage? Well, our domestically. Domestically. Here's the operator. Here's the operating model, for Xi Jinping's China, okay? And it starts with this vast institutional capacity. Endless sums of money. Bottomless pit of resources. It's all powered by high technology and animated by this whole of nation, mass mobilization. It's an awesome machine, right? But and it's capable of great good. You aim this machine at the problem of poverty. And you eliminate absolute poverty. And they've done it, right? Or you aim this machine at building world class infrastructure. You get within a few years, like the most extensive high-speed train network in the world. But it's also capable of great harm. You aim this machine at Xinjiang and you get the horrors of internment camps in a million. You aim this machine at COVID and you get COVID zero. And it actually shows the limitations of this
The Liberal Debate on School Choice
"Go with a more kind of a difficult one It requires a little more explanation School choice So the liberal idea because I understand the liberal but they don't understand us The liberal idea and the way they would defend themselves and say oh we don't need school choice We should have schools that give equality education to everyone And you hear that and you're a liberal who buys into the progressive label By the way great op-ed in The Wall Street Journal about that this weekend Nothing off topic but the guy was writing how we got to get past the label of conservative The conservative label is a terrible one It sits like you don't want any It implies excuse me you don't want any change Let's just conserve stuff Progressives are always going to beat us on the label Well look progressive progress Wow that's a so don't laugh I mean the marketing may sound stupid and frivolous and silly It's not Folks not everybody is into politics as you and I are Some people just accept it Like why would I want to be a conservative I could be progressive and into progress or whatever And you look at school choice and you see how they work They're branded And they say things like well everybody should have access to a quality education And you save yourself well gosh that makes sense Of course they should Except what they don't tell you is it's not what's happening The parents who finance the school system are being forced into schools It sucks because when you give anyone monopoly power over anything education anything else they're going to abuse it The left hates monopolies but they only love monopolies when they're in their best interests like the public school system where teachers unions give them money Do you ever notice that So the liberalism is a rotting cancer It is a metastasizing cancer on the body politic It won't work My point is because it can't So why do we keep doing it and keep walking into this both financial educational and cultural abyss where we're destroying ourselves piece by piece minute by minute second by second And the answer is because a bunch of useful idiots want this
Fresh update on "the wall street journal" discussed on The Dan Bongino Show
"Show. So my Fox show this weekend I brought the rebuttal back. It's a debate segment. I really enjoy. Because one of the things I never want to be accused of by the left is ducking a debate, so what better way to defeat that stupid childlike narrative than having a debate segment on your show literally called the rebuttal. I do it once in a while. I don't do it often and candidly, the reason is, it's hard to find the right Democrat. I say the right Democrat. I mean, someone willing to defend themselves on the air. I mean, listen, I can call in a Democrat and wants to be on TV is going to agree with you to get back on Fox often. It's probably a little inside baseball. I don't know if I should pour you with the details there, but people want to be on TV. They do. I'm sorry, but break the bad news to you, but they do. Even Democrats. They don't care. I mean, conservatives go on CNN and MSNBC and you know it's a way to keep yourself out there and people just like being on TV. I don't know what it is folks is at vanity. I don't know, I'm not going to psychoanalyze everyone. So you have this problem when you do a rebuttal segment on Fox and you do a debate segment in that the Democrats you want on who are going to go out there and actually talk about insane liberal ideas so you can debate them. They don't want to come on. The reason they don't want to come on is because they're crazy. And they'll look crazy and they're always going to lose. I don't think we've ever lost the debate on my show on any issue. Matter of fact, we've had debates where the Democrat walks off the set. Remember that coward that BLM guy Hank a hawk newsome, whatever his name is, big fake tough guy. I'm outta here. I'm like, yeah, bro, you are out of here. Yeah, you are. Walked right off the set. So you get those people. They don't want to debate their ideas because their ideas are stupid. And then you get the overly agreeable ones that come on are just like, yeah, you're right, you're right. That's not really a debate. You're just saying that because you want to get invited back, right? So it's hard to do that rebuttal every week. But I never want to be accused of not defending our ideas because I'm proud of them. One of the things I've told you about often is that liberalism is a cancerous plague, folks. It can't work because it won't work. It's not that, no, how to describe this. This is so frustrating talking to people about this topic, because the idea is so just to name a liberal stance on anything. Forget taxes. That's the easy one. Oh, high tax return. That's just a simple one. Obviously people don't want to pay high taxes because they work for their money. So we get them. Go with a more kind of a difficult one. It requires a little more explanation. School choice. So the liberal idea because I understand the liberal, but they don't understand us. The liberal idea and the way they would defend themselves and say, oh, we don't need school choice. We should have schools that give equality education to everyone. And you hear that, and you're a liberal who buys into the progressive label. By the way, great op-ed in The Wall Street Journal about that this weekend. Nothing off topic, but the guy was writing how we got to get past the label of conservative. The conservative label is a terrible one. It sits like you don't want any. It implies excuse me, you don't want any change. Let's just conserve stuff. Progressives are always going to beat us on the label. Well, look, progressive progress. Wow, that's a so don't laugh. I mean, the marketing may sound stupid and frivolous and silly. It's not. Folks not everybody is into politics as you and I are. Some people just accept it. Like, why would I want to be a conservative? I could be progressive and into progress or whatever. And you look at school choice and you see how they work. They're branded. And they say things like, well, everybody should have access to a quality education. And you save yourself, well, gosh, that makes sense. Of course, they should. Except what they don't tell you is it's not what's happening. The parents who finance the school system are being forced into schools. It sucks because when you give anyone monopoly power over anything, education, anything else, they're going to abuse it. The left hates monopolies, but they only love monopolies when they're in their best interests like the public school system where teachers unions give them money. Do you ever notice that? So the liberalism is a rotting cancer. It is a metastasizing cancer on the body politic. It won't work. My point is because it can't. So why do we keep doing it and keep walking into this both financial educational and cultural abyss where we're destroying ourselves piece by piece minute by minute second by second. And the answer is because a bunch of useful idiots want this, I can't, it's strong enough terms, try to break you of the notion that this is an accident. The left and the media and the liberal activist groups out there pushing censorship, crappy public schools, take a dump on America whenever you can, men are in men, women are women, men can get pregnant, craziness, crazy ideas, are not doing this by accident. They know that the way for a society to break down. And for them to rebuild it using their totalitarian top down principles, is to start it bubbling up from inside the volcano. Break down the family first. Hey kids, you know, you could be a boy. And I'm a girl. Oh, your parents told you that? Your parents are old stodgy conservatives. They don't know anything. Come to us. We'll take care of you. You think any of this is by accident? Liberals figured out a long time ago that the best way to divorce kids from their parents and a set of liberty oriented values is very simply to create division and internal confusion that their parents won't and can't understand. Combine that with intense indoctrination into how much America sucks and what do you have? You have a collapsing culture going bankrupt in lifetime as you watch it.
Jack Posobiec Describes the 'Saudi Shuffle'
"What's going on with Saudi Arabia? Outside of silly soccer stuff. Let's go on with the pump and dump. We call it the Saudi shuffle a massive pump and dump that took place yesterday. Single source reporting, similar to the international distribution James laporta, who was summarily fired from Associated Press. I don't know why they were dumpster diving into the bargain bin of The Daily Beast of higher reporters. I hope they never do that again. After they had to fire him for lying about the Poland missile strike that turns out actually was a cream missile, not a Russian missile. It was a stray missile, by the way zelensky still yet to apologize for that, or at least offer condolences. But in Saudi Arabia, there was a single sourced anonymous report to The Wall Street Journal yesterday that said that Saudi Arabia would be ramping up oil production. Now, remember, this has been a huge strategic goal for the Biden administration to ramp up OPEC's oil production because they've put the lock and chain on all American domestic production. And so for a second there, it looked as though the oil would be flooding the pumps would be going from Saudi Arabia and all because the Biden administration had given immunity to MBS himself The Crown prince essentially the ruler of Saudi Arabia in these lawsuits regarding the death of Khashoggi. This guy Khashoggi was in a very shady, very sinister character, wrote for The Washington Post, so already someone that we should definitely have an asterisk next to. But again, you tied to some very, very bad people in the Middle East. But here's what happened. The Saudis came out and completely denied the reports of the price of oil Charlie. For a couple hours there on the markets, the oil futures just spell. They were suddenly lying down. They said, oh, there's this huge deal because the Biden White House was taking incoming all day over this Khashoggi's widow comes out and is like, oh, how about you've killed him again? So she said, you've killed him again. Well, the dirty little secret is, it looks as though this entire thing was fake, and it was either cooked up by somebody on the street who had some nice puts maybe in the oil market and conducted a literal pump and dump with oil futures or or where they working potentially in conjunction with somebody in The White House. The Biden administration that was looking for a little bit of cover fire for the fact that they had given immunity to MBS and
Allen Weisselberg Testifies Trump Family Not Involved in Tax Fraud
"Don't want to pass up on this There was testimony today in a courtroom in New York City How about the Trump organization And Alan weisselberg a senior adviser former chief financial officer at former president Trump's organization He said he conspired with a subordinate to hide more than a decade's worth of extras from his taxable income Ready And I quote but that neither Trump nor the family were involved Excuse me But neither Trump nor the family were involved Can you tell me why that's not the leading story on every single cable news show I haven't even seen it once Can you tell me why that's not the lead story the headline at the New York Post front page Let's see if it is tomorrow Can you see if this is going to be the headline on one of the editorials from the office nerds at The Wall Street Journal Maybe it'll be a headline at the national review legal analyst Andy McCarthy He'll jump into this no question about that Let's just see Ladies and gentlemen how much the media how much the media focus on this
Candace Cameron Bure Reveals the Reason She Quit Hallmark
"The actor Candace Cameron beret is facing backlash now why would an actress face backlash? What did she do? Did she make some anti you name it comment? What did she do did she say men do not give birth? Which can definitely get you. Blacklisted, fun can use the term in Hollywood. No, let's find out. She's facing backlash following her recent comments about her new TV project that she said will prioritize portraying traditional marriage. That is bad news. Cameron bure, 46th, the former full House star showing you ever watch full House. And yes, you did too. All of you did, good. I'm sorry. Oh, you went to school with her? Wow. Made the remarks in a recently published interview with The Wall Street Journal magazine, a reporter asked whether great American family, the new cable network she joined after she left the hallmark channel this year, would feature same sex couples as leads in Hollywood movies. According to the journal, Cameron beret said, no. I think that great American family will keep traditional marriage at the core, she told the magazine. On its social media pages, great American family describes its programming as quote celebrating faith, family and country.
What Will Republicans Focus on in Congress?
"We have one guy elected I think his name is stamos or something else out of New York He flipped a Democrat seat and he's all over TV And he said I don't want to spend time on investigations My dear friend newt I heard him sound TV today 90 ten 10% of the time on investigations So all of a sudden government corruption A rogue FBI A rogue Department of Justice chasing down parents using S.W.A.T. teams going after state legislatures Trying to impose abortion on demand on the state I can go on and on and on That's listen that's not our problem Inflation is And I'm sitting around okay what are you going to do about inflation We need to look forward ladies and gentlemen I'm looking What are you going to do You're going to cut spending how's Mitch McConnell going to cut spending When he participated in this massive debt increase and you'll see The Wall Street Journal and others are going to defend it When it comes time to reel and when the rubber really hits the road on increasing the dead cell you watch You watch
Thomas Baker on the Fall of the FBI
"How long were you with the FBI? I was in the FBI for 33 years and since my retirement from the FBI for quite a while, I continue to be in contact with them in my second career as a consultant to the FBI just division. What the vision is that? The criminal justice information services division headquartered in West Virginia a lot of services to local and state law enforcement mainly, most people take a fingerprint, but they also run the national crime reports and similar things. Are you still with them? No, the last year or two I've stopped pretty much stopped my consulting and focused on writing as I think, you know, I've written a dozen or more op eds for The Wall Street Journal and the others about the recent turn of events in the FBI recent over the last three or four years. And now I've just finally written this book, which you were holding in your hand a minute ago, which is going to come out on December 6th.
Daily Mail: Rupert Murdoch Will Not Be Supporting Donald Trump
"There is a report out of the daily mail. That the owner of Fox News channel Rupert Murdoch is saying that they are not going to be supporting Donald Trump in this presidential cycle. And that's why we've seen Fox News take a turn. We've already seen the New York Post and The Wall Street Journal take a turn against Trump as well. So I'm curious to know if that's going to have any impact on your viewing habits, if Fox News is ordered to stand down. And not get behind Donald Trump. And again, this goes back to a much broader question. What happens when the establishment Republicans decide they're going to take their ball and go home? Now, some of you out there are going to say, well, we're just going to keep fighting. Okay, yes, but that is a losing proposition. And this is the challenge. For the Republican Party, we're divided party right now. No doubt about it. A divided party. And we got to figure out how does everybody get along for the greater good. And what is that greater good?
Republicans Had Mixed Success Electing People to Local School Boards
"School board candidates who pushed parental rights he mixed results. That's the reason for concern. You read that article, right? It's from a Wall Street Journal, and it's very important to remember The Wall Street Journal news department is not the same as the opinion and editorial department. It is quite to the left. I wouldn't say it's left, I would say it's liberal. There is very little in common between The Wall Street Journal editorial page and opinion page and their news pages. On the other hand, The New York Times, the opinion pages and the news pages are identical. Conservative candidates who ran for school board saying they would change what students learn about race sex and gender or who opposed COVID protocols saw mixed results in Tuesday's election, according to supporters and a sampling of nationwide results, ballot PB, a nonpartisan election site, analyzed 361 races and found that about 36% of candidates who opposed school COVID protocols diversity initiatives or the use of gender neutral learning materials won their elections. Only one out of three. This is about a serious a reason for concern about the American people as I have come across recently.
The Media, RINOs Are Attacking Trump on Purpose
"So when the media including conservatives keep lighting a fire lighting a fire Trump Trump he's the bad guy He's the bad guy He swings back He attacks That's what he does And to blame this last election however you feel about the outcome On Trump is wrong but the rhinos know what they're doing too Many of them want to run for president They know exactly what they're doing And they're all over the media But that does not sanction in my view Or justify any of this I'll read you a part of this Now that the midterms are over and a success news corps which is Fox The Wall Street Journal and the no longer great New York Post I told you that the going down And it's not just them It's all in for governor Ron de sanctimonious An average Republican governor with great public relations who didn't have to close up his state but did unlike other Republican governors whose overall numbers for Republican were just average middle of the pack including COVID and who has the advantage of sunshine where people from badly run states up north would go no matter who the governor was just like I did
Rep. David Kustoff: Predictions for Tomorrow's Election Results
"This could end up shaping to be another 1928 election cycle for the Republicans where back in 1928, Republicans had a 32 point or 32 seat lead in the House of Representatives. I mean, this could be huge for the Republican Party. You know, we're on the cusp of cusp of it. And like I said, it feels good. The enthusiasm is certainly there. I think that if we could get to around 35 seats, 36 seats, something like that to your point would be the largest majority that we've had in 90 years on the Republican side. Conservatively, I feel good about 15 to 20 seats, but the potential is there. And you know, I look at things right before we right before we came on, I was looking at a story that had posted on The Wall Street Journal website, headline is GOP gaining support among black and Latino voters. And that's true. And especially, I look at some of our candidates nationwide. Who are Latino, we elected a fair number in 2000 and 20 and in special elections with my Flores. We've got a number of minority candidates and Latino candidates who are running on the Republican side who are espousing the same conservative values that we talk about every day. So it's not, it's not one, it's not one sided, it's not monolithic. We are all talking about the issues that people are concerned about. The inflation, the economy, crime and the border. I mean, those are those are the top issues. That's what people, that's what people want to see solutions about and they certainly haven't seen it over these past two years under the realm of Pelosi and Schumer and Biden.
How Jennifer Horn Is Feeling 6 Days Out From the Midterms
"We're 6 days out. How are you feeling? I feel good. I actually feel really good. Maybe and you know, but here's the thing, I'm an optimist. We know this. I always feel good, but I feel good for good reason, I think. What I'm watching is not necessarily the polling about Doctor Oz and John fetterman or Herschel Walker and Raphael Warnock. What I'm looking at is the polling about voting groups, likely voting groups, and I don't know if you saw the poll that came out from The Wall Street Journal today. Maybe you've talked about it already. No. But white suburban women have grown in support of Republicans by 16%. And they even ask the question if the 2024 presidential election were held today, 55% would vote for president Trump. I hang on hang on, hang on. We've been told for 6 years that they hate him. The white suburban women hate president Trump. They're back. What happened? They're back because I think personal freedoms were taken away from their families from their kids. The crime is a huge problem. You have to figure out if you want gas or groceries. There are all sorts of issues those kitchen table issues that Glenn youngkin in your state of Virginia talked about that brought white suburban voters to the table with him. They're now back on board if you believe the polling numbers on The Wall Street Journal. This is a huge piece of the winning strategy for the Republican Party. And even more than that, a survey that came out last week talking about Latino voters and about black voters. Latino voters support Republicans now, and this is just in a generic matchup. Who's better at serving the country, Republicans are Democrats. 40% of Hispanics say it is Republicans. Now, that's not the majority. But we don't need the majority of black and Hispanic voters. Black voters up to 20% both of these groups have gone up 8% since 2020 alone. View figure we picked up 8% of black support, 8% of Latino support, we are on the precipice of something really big. And I think now it is up to Republicans. Once we get past election day, they better deliver.
Jeff Stein: Kitchen Table Issues Matter Most to Voters
"When you look at some of these numbers coming out, Wall Street Journal, a new survey suburban white suburban women just bolting the Democrat party and embracing the Republicans. I'd like to get your take on that from the heartland and then Mary jump in. Sure. It's kitchen table issues Todd. That's what's important, the Democrats thought that group of people that you mentioned would be in the bank because of the Dobbs decision. And while that may be a factor, they're much more concerned about jobs and crime and can we put food on the table that isn't simply meatless hamburger helper every night because they can't afford everything else. So again, Democrats have their own beltway idea of what's important, there's absolutely no way it works in the heartland. And I think that's what you're going to see in these closing days.
David Bossie: Democrats Take Everyone for Granted
"I am stunned at this Wall Street Journal poll that came out. I knew that white suburban women were leaning to the Republicans, but now, according to The Wall Street Journal numbers, by 15 points, they favor Republicans that is a 27 point shift away from the Democrats. What do you make of that? Well, it's the Democrats believe just like they, in my opinion, because of the way they do their divisive identity politics, whether it's talking to the African American community or Hispanics, they take everyone for granted at an include the women vote, the female vote. And so they package them up into this group of people who are all about abortion and they believe that abortion was the key to that vote block and it clearly is not because guess what? Women are incredibly smart and they believe the science. So they're not as pro abortion as the Democrats want you to believe and it's not all women that are pro abortion. So they make these massive assumptions and the women in America on Tuesday are going to tell the Democrats it's about the economy. It's about the price of my groceries. It's about spending money for my children and sports and field trips. Things that I can't even afford anymore and I have to make tough decisions on because I got to decide whether to heat my home or put gas in the car. It is very difficult.
As Climate Change Worsens, US Weighs Which Communities to Save
"Human beings, the wretches continue to disappoint the savants at the United Nations. And never more than on climate change writes The Wall Street Journal. The global body announced last week that despite all of the world's climate sacrifices and trillions of dollars in renewable spending, we're all still doomed unless mankind makes radical changes in lifestyles and standards of living. The 2015 Paris climate agreement required countries to commit to reducing their emissions to keep the world from warming more than one and a half degrees Celsius above pre industrial levels. It's already warmed about 1.1°. Not even the alms offered up by President Biden and European leaders will do much good.
Why Are You Still Wearing a Mask?
"Now, did you ever stop and wonder why did the editors of The Wall Street Journal mock? These scenarios and the editors of The New York Times find them compelling serious and frightening. For the same reason that I assume when I see somebody walking in the street as I did today, my dear producer driving into the studio today. In Glendale, California, a suburb, if you will, of Los Angeles. Big city. Anyway, I saw a man crossing the street, middle aged man. Wearing a mask, and it's the clone type, is that the K 95? So he really can't breathe. N95. N95, yeah. Yeah, K 95. This just shows how much I take this stuff seriously. Anyway, N95. The man was walking alone, there was no one not only no one near him, there was no one else. He was the only person I could see in the street. And he was wearing a mask. Early in the morning. So my question is, by the way, I want you to know, if I could do it, I would have said to him, sir, can I interview you for a $100? Here's a $100 bill for your time. That is how much I would have loved to have had him on the show. Or even interview him privately. So why would I ask him? Interesting question, right? What would I ask? I would ask him the obvious why are you wearing a mask? Outdoors and a load.
January 6 Committee Doubles as November 8 Committee
"There's a piece in The Wall Street Journal You got to read James Freeman The January 6th committee calls it doubles as the November 8th committee What's November 8th Election day Sounds like something I told you on the phone Sounds like something I said 'cause I says my grandmother used to say oh my grandmother I mean she used to say so I says and he says so I says she was a gray woman The best of the best right But I says to you a long time ago on this show I know you P one listeners remember that That's industry lingo Tom let me learn about the industry Tom I know you just you know let me just tell you how the P ones those are people Tom's like how do I get stuck with this idiot Tom's filling in for Mike again he's like my gosh how did I get stuck on this show today How did this guy drag me in The P ones you know what I'm talking about here right I have said this over and over The purpose of the January 6th committee was threefold It only had three purposes Now one of those purposes let me be clear from the start It's not January 6th There is nothing new to add on January 6th What happened happened was it wouldn't have happened the way it did There is no new information There is zero new information Nothing Yeah the pipeline Nobody was talking about the pipe bomber We have to get Julie Kelly on about that Nobody was talking about that There is no new information about January 6th whatsoever The purpose of the January 6th committee is threefold Keep Trump off the ballot That's number one right The second is to scare Republican donors and activists Understand if you even knew someone who knew someone who was on the mall on January 6th it won't be it won't be long before the FBI is not going to do a door asking questions okay So that's point number two To scare you Point number three was to interfere in the coming elections by using the subpoena power of the committee to interfere in the midterm elections Now when I said that I got a couple of emails from listeners saying well Dan how are they going to do that How are the mechanics of that going to work And I said okay just watch Watch who gets a subpoena and watch whose information leaks
Hispanic and Latino Voters Are Going in the RIGHT Direction
"Wall Street Journal is finally following our lead here where we've been saying for quite some time that Hispanic and Latino voters are going in the right direction. Very, very quickly. Democrats are in trouble with Hispanics. Wall Street Journal William galston writes, Republican gains among Hispanic voters have generated a wave of concern among Democrat strategists. In 2020, Trump received 38% of the Hispanic vote compared to 28% in 2016, much better than Willard Mitt Romney. It's funny how the guy who talks about immigration and culture and language actually does better. It's interesting how that works. Maybe all of those Republican consultants that talk endlessly on television have no idea what they're talking about. Mister Trump's share rose to 46% from 35% and in Texas to 41% from 31%. He made very large gains in other states as well. Now, at turning point action and turning point pack, we are leaning into this. We are doing Hispanic outreach. And in fact, we have an advertising campaign that we have just launched. Can we put up the images where this is all across the country? Actually focused in Arizona, where we're putting up billboards specifically targeted towards the Hispanic community. I think we're the only group that is doing this.
"the wall street journal" Discussed on Digiday Podcast
"Is a certified financial planner and brings that expertise and that ability to give advice our consumer goods lead spent years at real simple at Airbnb magazine has worked a little bit also on the retail side. At major retailers doing content and has that viewpoint. And then our senior staff writer spent years at wirecutter writing about electronics and brings a lot of expertise there. And then we are fueled by a lot of amazing contributing editors contributing writers who freelance for us. And we look for expertise in those areas as well. And so that's just, you know, helping the reader know, oh, this is trusted. I know who these people are. I can read about their background. I can see that they've been doing this for years. This isn't just someone who's made a specialty and I know how to do a product roundup. That's not what we're about here. It's a journalistic enterprise. And our editors don't see some of the numbers that you and Josh have been talking about. They don't know which credit cards are monetizing at a higher rate. They don't know what a per page avenue average revenue is for something they've written. That's all separate because we just want to make good editorial decisions with no influence from other factors. I wanted to ask too, you had mentioned that a lot of your editorial kind of strategy and looking at which things are trending comes from analyzing SEO, but I'm also curious if you're working at all with The Wall Street Journal and looking at what's trending over there or what stories have been getting a lot of clicks. Is there any kind of crossover when you're looking for topics of coverage or questions about how to manage personal finance? How much do you work with The Wall Street Journal side or the other brands under Dow Jones to inform the content that you're putting out on buy side? I wear a separate team, so we do feel pretty separate from the newsroom, but we're all looking at the same sort of headlines and what's coming down the pike and responding in our own ways the journal is responding in a news driven way of giving people information, we're responding in a way of helping people make a decision that's going to lead to an action and a purchase or another sort of decision there. And so I think it's like the way that we react to higher interest rates to higher gas prices is different, but we're all kind of looking at the same consumer pressures in order in order to do that. So, I mean, the SEO piece is really interesting. We have a great SEO manager. And we're lucky that she has both content and product experience, which when you're building, you know, when you're building a site, that's really useful for us. So we've been able to really maximize that and feel like we can be extremely responsive to what people are actually searching for a day to today. I think you had mentioned this as an example earlier, but the story I saw on the homepage of buy side right now is a gas prices are up. Here are 5 ways to cut your car costs, which to me is a really interesting approach to a story that would be on a commerce site because it seems like it would be such a broad kind of story in terms of like, it's not a traditional roundup, right?
"the wall street journal" Discussed on Digiday Podcast
"Kind of share a breakdown of what like an average commission might be on the financial services side or what you've started seeing so far. I know it's early days, but I'm curious how that tends to compare because I imagine something like sports betting, right? Like that category has huge commission rates for publishers like sports sports publishers are getting hundreds of dollars when they refer people to DraftKings, for example. But I'm curious how they tend to compare on the financial services side compared to maybe 5 to 20% commission rates that you see on consumer products, right? Like I'm curious what the kind of averages that you're starting to see. Yeah, well, it's early days, as you pointed out, it's also, I think, more varied in terms of the models. And I think I read your piece about CPC versus cost per acquisition. The different currencies in this space that are evolving. And on the financial services side, it is a combination of cost per acquisition, cost per lead, so there's different models on certain kinds of products. It can be sort of a percentage of loan size and other models. It's a sort of flat fee of I'm just making this up for illustrative purposes. You know, $50 for every new verified credit card lead. And so on average, I think those bounties do end up being greater per CAPiTA than on most consumer products, back to the point that the lifetime value of that customer to a credit card issuer, for example, is greater. So you'll often have a range or a fixed fee on a cost per lead or a cost per new customer acquisition. And those can change over time too. Because as you grow and deliver more volume and more success to a particular issuer as an example, you may be able to negotiate better sort of per CAPiTA rates. And so I think they are on average higher. There is a range and that range can grow over time as you grow as a builder of their business. Got it. Got it. Yeah, that makes sense. I guess, I mean kind of condensing all of this into one question. Do you see financial services as being the kind of breadwinner of the commerce business or do you think that maybe the barrier to entry and to your point kind of getting all of the ducks in a row to become partners with these with these with these companies, I guess, prevents the opportunity for this to be the lion's share of where you're seeing commerce revenue coming in from? Yeah, well, I think as Leslie said, you know, we're going to learn a lot. And we will be responsive to what we learn. But we are committed to this category. Beyond the monetization, I think it's just something that people expect from the journal and that an area where we can offer value, valued, and valuable advice and provide a service. And to your point, if we can succeed in the space, I think that creates a bigger opportunity for us in the long run than if we were to just focus on consumer product categories. And so I think the barrier to entry does keep certain publishers out of this space. But The Wall Street Journal is not certain publishers, where The Wall Street Journal. I would argue we've got as much right as anyone in the world to play in this space. And so we're going to take advantage of that for sure. We're going to take a quick break to hear from our sponsor and we'll be right back. Host red ads are proven
"the wall street journal" Discussed on Digiday Podcast
"Kaylee, you have the interview this week, and you spoke with Josh stinchcomb, who is the chief revenue officer of Dow Jones, as well as Leslie asle, who is the head of content for The Wall Street Journal's new commerce brand by side. So why is The Wall Street Journal and Dow Jones getting into the commerce game now? Right. So that was the first question I asked, I believe. But yeah, it's an interesting time to come into the commerce space. I mean, as I've been covering the past couple of weeks, there's been some, I guess, new approaches to commerce that publishers have been taking given changes to consumer behavior, a looming recession, things that are kind of impacting the success of commerce businesses to a degree. So it's interesting time to kind of come into this space now after two years of commerce really being strong performers at the start of the pandemic. And I asked, you know, kind of why this is something that they're doing now versus earlier, quite frankly. And I think what's interesting about starting now is the approach that The Wall Street Journal is taking with their commerce brand by side is it's less about just recommending products and more so recommending products through a financial and personal finance lens, which is, I think, kind of an interesting approach that they're doing and a point where people might be looking at how to best invest their money or which products get the most bang for their buck. It seems kind of like a good time for them to be coming into this space. Josh did say that this has been something that they've been thinking about for a number of months, if not years. So it's an area that they've been interested in, but I think they wanted to take a very specific approach. And right now, it just kind of worked out that their approach kind of fits the times a little bit. With just people being very conscious about their money. Right. And it also makes sense since a lot of the publications we've seen jump into commerce have been more consumer oriented publications whereas a place like The Wall Street Journal.
"the wall street journal" Discussed on Bloomberg Radio New York
"Is Spencer Jacob of The Wall Street Journal. He is the author of the revolution that wasn't GameStop Reddit and the fleecing of small investors. So throughout the book, we hear the phrase democratizing finance when we democratizing finance or democratizing risk-taking and speculation. You know, it's a phrase that drives me crazy. Democratizing finance, you know, to me is basically bringing investing to a level that anyone can participate. And basically that has been accomplished through years of competition and technological progress. You know, I gave the example we were talking earlier about the paperwork crisis. It was very expensive to trade that. If you had a little bit of money, that they wouldn't bother giving you the time of day on Wall Street. You had to have a lot. And then you really got fleece. Because of big charges, even just to, you know, people talk about these long-term charts where like, oh, if you had invested in 1926, you have as much money. There was no index fund then. And it would cost you money to reinvest your dividends. And if you had a little bit of money, if you would invest in a dollar, well you couldn't invest a dollar then. So it's totally worth it. There was no partial share purchases No, no, and so today you can, you can do that and rob at Robinhood and others you can buy a fractional share. You can buy in exchange traded fund that costs 0.03% a year. You could do all these things. So the door is open for people with very little money today. And it was prior to Robinhood although the Robinhood fact did kind of accelerate things. Very, very cheap, we very easily to get on that ladder, which I urge anyone, especially in their teens or 20s, getting started out with lots of decades to compound their wealth to do. It is a smart thing to do to get on the ladder, but not on an active crazy way in a kind of put your money and let it grow and don't check it a lot way and save as much as you can weigh. And that really has been democratized. But then when you talk to Robinhood and say, hey, you guys are just encouraging you've gamified this thing and you're inducing fomo, you know, you open up your app and the first thing you show is what everyone else is doing and buying, what's up? What's down? That's not useful information. That's information that makes you feel like you're missing out makes you feel like you need to be active. And they're active customers, the people who use the app were using it in 2020, on average, over 7 times a day, opening at 7 times a day. They had customers who were trading 11,000 times over a 6 month period. This is just absolutely no reason for anybody to trade 11,000 times or even a thousand times or even a hundred times in a time span like that. It started after study, by the way, has shown that that is inversely correlated with your performance. The more you trade, the worse you do, it's a very well understood effect. And even just checking your account frequently, it's called myopic loss aversion. It's well understood that if you look at your account last, you'll do better because you're less likely to see a loss, which pays you more than again, pleases you. And so that is not the formula for success. They understood that. And you note in the book, the average Schwab account, trades 45 times less than the average Robinhood account. Those numbers are per dollar in the account. Per dollar. It's just mind-blowing. And options trading even more. And only 13% of Robinhood's customers traded options. But options were the most lucrative product for them. And you've heard a lot about payment for order flow. Paying forward flow, I don't think it's just a mechanical way of paying for trades. I don't have such a big problem with it, but it is a practice where you basically you sell your orders to a market maker that's office stock exchange that pays you to execute it, and then keeps a little bit of the money. Basically, it is very efficient at matching it up. Payment for order flow, the only problem I have with it is that it enables this behavior by making trading free. Otherwise, I don't think there's anything really insidious about it, which is a controversial view now. I know. But so let's look at the aftermath of this. So, so Keith gill took $53,000 by his deep out of the money calls and by the time the calls peak a year and change later, it's what, $47 million. Yeah, I think intraday he probably had 60 or $70 million. But yeah, but I think about 49 or 50 end of day. And he would have had more. Had he not because he cashed in somewhat. He had perfect timing almost. He cashed them in during the week that was the real mania. So what did he end up netting when everything was said and done? Because I was kind of surprised that he bought more stock. So from what I recall in the book, he cashes out about $3 million worth of options. And then later sells a bunch of the options and exercises them and ends up with $30 million worth of stock, something crazy in GameStop. Yeah, which is a pretty, even then, you know, it's real money. He was because he was called to this congressional hearing that's the only time we've ever heard his voice or seen him. I mean, he was interviewed by Twitter. On YouTube. Exactly. Sorry, yeah. But he was like a total unknown then. And he stopped doing those videos. And yeah, exactly. So people were very curious. It was probably one of the more watched congressional hearings, you know, because of him, really. And he got asked the fewest questions. Or almost the fewest questions. But it was what were they going to, they didn't want to antagonize him. And he was strange because he was the only retail investor there. And it was really all about retail investors. They couldn't ask them some pretty good juicy questions. Had they been curious about it? But I think they were. They were outraged that trading was halted. And that's a key part of it. So let's talk about that before we will circle back to gill. So right in the height of this, where the short squeeze is having maximum effect, Robinhood is adding incredible numbers of new accounts, offering incredible amount of margin to these new account holders. And a lot of option trading, why did they halt the most shorted squeeze stocks? They did because they did too good a job. That's basically that. They didn't have the capital to meet their custodial agreements. They got a call and now we have more detail, by the way, is recently a report came out from this congressional committee. Very recently. Very recently, good and a good report worth reading. That has a lot of detail. It was actually much worse than what we knew. They were very close to going under. Not only that, we knew they were very close to going under. We didn't know was how close they got to taking other people under. Oh, really? Yes. Who are they going to drag with them? Well, apex clearing, you know, got into Trump, which was the clear is the clearing broker for lots of brokers and the market makers who were processing the
"the wall street journal" Discussed on WTOP
"Fighting has shut down car factories in Germany and limited supplies for the steel industry The price of oil natural gas wheat and sunflower oil has also skyrocketed Also The Wall Street Journal reports shipping from Ukrainian ports which is an important corridor for grain metal and Russian oil shipments to the rest of the world has all but ceased What is a child's loose tooth worth Jeff claw says the tooth fairy index has hit a record high Delta dental has been surveying parents for 24 years about what the tooth fairy leaves their kids this year the average answer is $5 and 36 cents According to its tooth fairy index the value of one lost tooth has quadrupled since 1998 that beats the stock market The two theory is most generous in the northeast in an average of 7 50 per lost tooth It could be a rough start at the opening bell this morning Dow futures currently down 443 points NASDAQ futures losing two O three the S&P futures are down 64 Coming up Ukraine's president urging Russian forces to lay down their arms ahead of talks with Moscow and the UN General Assembly meeting today in a rare emergency session over the Russian invasion of Ukraine It's 6 56 This summer I want to go to melwood camp accomplish My Friends say we can swim play sports craft ride horses and more with adventures every day And it's for campers with and without disabilities I heard mellows camp accomplished with paddle boats ropes courses and outdoor stage and tons of space to run around.
"the wall street journal" Discussed on WTOP
"Expensive in the new year The Wall Street Journal's reporting that food manufacturers plan to raise prices roughly 5% in the first half of 2022 some starting at the beginning of January just a few days from now But some of those price hikes could be as high as 20% These price hikes are on top of the price increases already seen in recent months the Labor Department said consumer prices rose 6.8% in November and that was the fastest pace since 1982 Joan Jones W TOP news CBS News business analyst Jill schlesinger takes a look back at business and economic news in 2021 after the worst recession since The Great Depression the economic recovery came to fruition in 2021 The American rescue plan delivered $1400 stimulus checks and child tax credits to millions of families This bill represents a historic historic victory for the American people With extra savings consumers were ready to spend as lockdowns were lifted The rapid growth caught producers by surprise and prices spiked Hotels up 24% airfare up 19% and gas prices up almost 42% Still many Americans weren't in a rush to get back to work The so called great resignation led to labor shortages and higher wages We have very generous unemployment insurance right now People have the ability to wait for the right job to come along The hot housing market remains strong and the year introduced the phrase meme stock to the investing lexicon As small investors apparently join forces to beat the big traders at their own game For most there is no need to make a bet on any one company or even cryptocurrency The plain old stock market was up more than 20% on the year Jill schlesinger CBS News You're not doing it but quite a few people are watching TV shows that they didn't pay to get access to And this year many of them were marvel.
"the wall street journal" Discussed on WABE 90.1 FM
"Doing investing in the research So we know how to approach these issues And really even sending interventions to people who may be impacted by such harms All right Neil Potts is vice president for trust and safety policy at Facebook Thank you for speaking with us Thank you NPR tech correspondent Shannon bond has been listening to that interview with us and Shannon what stood out to you from what we just heard Well you know ever since all of this broke with huggins acclaims and reporting in The Wall Street Journal you know we've been hearing Facebook pushed really hard against what she's saying and what these documents seem to reveal especially this core premise that the company is putting profit ahead of safety So we just heard pots say those are unfounded accusations But I think the real question here is maybe Facebook wasn't designed that way It wasn't designed for example for engaging content go go viral but if that is happening what is Facebook doing about it I think it gets at that last question You asked him right What is Facebook doing And that's why we're seeing so much more pressure right now on the company about transparency I also just need to ask you briefly about the worldwide outage that we've seen today across many of Facebook's platforms That's right The company says this is a network issue they're trying to fix but Facebook Instagram what's up They've all been down since before new eastern That's long a long time it's many hours It's not really clear what is going on here And certainly this sort of timing is leading a lot of people to make a lot of jokes about this but it just shows you how reliant we all are on these platforms NPR tech correspondent Shannon bond following the story of Facebook and you will be following tomorrow's testimony before the Senate panel as well Thanks for your coverage.
"the wall street journal" Discussed on The Kicker
"Yeah i mean some of my favorite books. That i've read i. I read bad blood by john. Kerry who and i also Read you know the they did a great book called billion dollar whale. You know on the the scandal involving the malaysian sovereign wealth fund. I mean they've done great investigative stuff in they have great on investigative reporters But they're not unleashing that level of aggressiveness on in washington as much. I think in any time you get to a hot button. Issue like like religion or social media or anything that's been sort of put at the top of the national agenda by you know during the trump years Just a lot of a lot of eyes on it and a you know an army of editors Which no reporter really likes Yeah i don't know. I mean it's It was it was. It was really interesting to read. I mean i saw a lot of friends. There have a lot of fondness for the place But i do think that you know. The country became so focused that obsessed with politics and it was that just ended up being the thing that they couldn't quite they couldn't quite figure out And now maybe that were less focused on that del. It'll you know they're they're kinda sweet. Spot will swing back into something else. As as a former newspaper reporter myself. And i did cover congress in the nineties and And then worked at the boston globe. A bit In work on a big investigative project there you know reporters. They just love to do accountability journalism and break news. And it seems like there's the opportunity to do that at the journal Like you pointed out this facebook story. You know john kerry who and this no story but it's a lot harder to do in washington. I just heard that again and again in washington in nationally. it's The the accountability journalism which is so satisfying. And which people really want to do and which you know. The trump era the early trump area because he was pushing so many norms was crying out for people just fell continuously stymied in their ability to do that. By because of the paranoia of and the the editor heavy interventions On any story that sorta tied into the the the the seething controversies on on a national scale and people just found that really frustrating and demoralizing in they also founded kind of embarrassing particularly under jerry baker. But i think that's continued a little bit There there was just less freedom to maneuver and and do the kind of accountability journalism that That the trump administration was crying out for for a long time mean. Is that your husband's record..
"the wall street journal" Discussed on The Kicker
"That wasn't the story that anybody was talking about. Everybody was talking about Sort of this outrage. At the way the protesters were cleared. And so i. I've sort of put what's going on at the journal in this. Bigger frame of like how political reporters are rethinking their their coverage How do you how do you place it. And what do you think about that. Bigger question of like the need to rethink how recover politics. I mean one of the things that was interesting about the journal. Particularly under jerry. Baker is that He didn't think that it was the role of the newspaper to call out trump for quote unquote lying. You know people are having that debate and he took the sort of controversial opinion which In a position which he articulated on television. I think in which pissed off some of his staff that you couldn't actually maybe label. What trump was saying ally because that would describe a motivation to statements so You know they seem to be doubling down on this quote unquote balance in applying their standards team And just a lot of scrutiny to anything that could be a you know questions As an questioned by it seems like trump supporters as As bias you know Which a lot of reporters felt made them overly cautious in watered down. You know sort of the their take on reality you know so in that sense You know it. It has led to some interesting discussions in the journal. I guess But there's so many there's there's so many editors in there so many people in standards there's so many people looking at potentially controversial copy that the edges gets sanded down and there's a lot less freedom i guess for potentially controversial stories for reporters to kind of express their own impression of things And and i heard a lot of complaints. You know people saying that mad murray was Personally line editing. Their copy particularly out of i guess Out of washington but also a lot of reporters complained that you know it was just hard to get potentially controversial stories into the paper. They eventually got them in but But sometimes they had to jump through a lot of hoops or sometimes those stories were watered down. Did you run or you a journal reader before you started doing this story. Yeah i was reading it. I i did subscribe Would it have you read these facebook stories. Yeah those are great. Yeah i mean. I've found that Actually i found that at first. You know when i was talking to people outside of washington in the national staff Any people who are covering business They love it there and it ended. You know there's great journalists there. There's great editing I think You know when i was younger it used to be a writer's paper right. You went there to learn. You could do these in-depth things and you can necessarily do that on a daily basis as much but these investigations are still You know pulitzer worthy done in the love working there. When they're not sucked into this controversial politicization that's going on in our society right now and they also did the thoroughness stories which are amazing..
"the wall street journal" Discussed on The Kicker
"And they've gone back to sort of appealing to people's you know financial concerns although they still have a powerful and Large washington bureau But yeah i mean that was. It seems that was murdoch's business strategy at a certain point in it seems like it's still part of that but But it seems like they backed away from that to a certain extent but in terms of the you know. They seem to be very aware of what they consider. The new york times woke take on politics in and sort of balancing the record. A lot of reporters complained that you know they. They felt almost the need to respond to the way the new york times was covering the story. They weren't discovering it. They were looking at the way. The new york times is covering it and then trying to counterbalance that that's been a tendency to a certain extent this whole thing about not wanting to seem woke. Which is there with the way they think about it. Flies in the face of this other tension. They have which is That you know that they're not covering race at all And that in fact there is a lot of discontent that you report on from people on the staff who who do think this. There was enormous miss here in terms of covering race in the country. Right yeah i mean i just really. I really got the impression that there's a big you know the core of the wall street journal's readership. Is you know elderly white men and they just really don't want to. They don't really don't want to be labeled woke and they really don't want it anger that core readership so anything that might sort of upset them or feed into this culture war or allow people to you know You know they're just going out of their way to not upset them. So you know one of the reporters said we can write about hispanics buying homes but we can't write about you know. White people refusing to sell hispanic people homes in their neighborhoods. You know any anything that touches. Some of these cultural third rails. They're they're very careful about and standards gets involved and I don't know you know one of the examples That i didn't make it into the story But that i know that pissed off. A lot of people in the washington bureau was I mean this isn't necessarily race but In in june when You know when trump went over to saint. John's church and drew in posed for photos When when the police moved in sort of tear gas people The story that ran was it was very it was the entire media was was Talking about the backlash of trump walking across the saint. John's episcopal church With the bible and and protesters being teargassed but the wall street journal story it. Just the first paragraph said that drew broad criticism while garnering praise from conservative backers in the second graph is it was reassuring moment that law and order was restored for his backers right..
"the wall street journal" Discussed on The Kicker
"Hand it can be kinda good right Because some of the silliness doesn't doesn't happen there but But there's also like your comment about the star system is definitely true. It's very much an editor driven place. i mean when i was there I mean you know it was it would have been. I just can't imagine You know reporters talking to an outside. Doing outside reported doing a piece on. It was a very controlling place so a lot of what you write is about. How the journal covered trump. And the kind of i think you the sanding of the edges i think is one term that you use like talk a little bit about that. Yeah well i just. I got the sense. I mean you can read jerry. Baker who jerry baker was You know the editor in chief. Before or the managing editor of the top editor prior to mount murray. And you can read his columns now. And i mean i read. He wrote a column saying that Comparing the the pulitzer prizes to soviet medal of freedom in saying that predicting that people would win it next year for writing White privilege on a cocktail napkin. You know he's he's he's a a witty guy right but he has this total discontent for the mainstream media is dominated by a against the new york times. And so i think also just gonna say one of the reasons. People were reluctant to be seen talking to me is because they don't want to be i guess labeled you know as an upstart left-winger But on that very much seem to seems to have pervaded The political coverage to a certain extent And you know and it just seemed like there's just a lot of concern Amongst some of the political and national reporters as or a lot of sort of conflict About whether they'll be labeled kind of woke and left wing and biased in the same way that a lot of people see the new york times Certainly the way. I guess jerry baker did and some of his deputies and buttery on that. Was it your impression that the standards in terms of Both sides and being seen as completely neutral completely balanced or those standards applied unusually to trump or was that the whole. That's the whole approach of the paper in general..
"the wall street journal" Discussed on The Kicker
"To the kicker compile editor and publisher the columbia journalism review this week covering politics in a divided country so donald trump ended a lot of norms in america but one of the things that he changed dramatically was the way journalism writes about politics It got a lot of newsrooms rethinking how to approach politics. How to do it better how to do differently. What what to say what. They can't say And this fallout is still continuing the fact. The latest print issue of c. jr is called reset. And it's about rethinking how we cover politics in america Is a terrific piece in the magazine. About how all this played out the wall street journal which is a place that i work at for ten years and have a lot of thoughts about and.
"the wall street journal" Discussed on Techmeme Ride Home
"Welcome to the right home for friday. September seventeenth twenty twenty one. I'm brian mccullough. Today a deep dive. Summary of the rolling facebook controversies this week from the ongoing wall street journal reporting apple and google removing app from russian opposition after their employees. Were threatened in that country and of course the weekend long read suggestions this time with extra. Nfc goodness here's what you missed today in the world of tech. I've mentioned already this week. That facebook has had a hell of a week with the wall street journal. Dropping a bombshell story about them. Seemingly every day often using internal facebook documents for example yesterday the headlines were about how internal docs allegedly revealed facebook's weak response after staff flagged human traffickers and drug cartels using its platforms for recruitment in developing countries quote employees flagged that human traffickers in the middle east had used the site to lure women into abusive employment situations in which they were treated like. Slaves are forced to perform sex work. They warned that armed groups in ethiopia. Use the site to incite violence against ethnic minorities. They sent alerts to their bosses on organ selling pornography and government action against political dissent. According to the documents. Facebook removes some pages though many more operate openly. According to the documents in some countries where facebook operates it has few or no people who speak the dialects needed to identify dangerous or criminal uses of the platform. The documents show when problems have surfaced publicly. facebook has said it addressed them by taking down offending post. But it hasn't fixed the systems that allowed defenders to repeat the bad behavior instead priority is given to retaining users helping business partners and at times placating authoritarian governments whose support facebook sometimes needs to operate within their borders. The documents show facebook treats hermit developing countries as simply the cost of doing business and quote in those places said. Brian bolland a former facebook. Vice president who oversaw partnerships with internet providers in africa and asia before resigning at the end of last year. Facebook has focused its safety efforts on wealthier markets with powerful governments and media institutions. He said even as it has turned to poor countries for user growth and quote and now this morning the headline is that internal documents show. How anti vacs activists flooded vaccine content on facebook with negative comments despite mark zuckerberg pushed to promote cove in nineteen vaccines. You might remember how zuckerberg and facebook at the beginning of the year. Made a big show of saying how they were going to promote vaccine outreach. But according to the journal quote in the weeks before mr zuckerberg made his announcement another memo said initial testing concluded that roughly forty one percent of comments on english. Language vaccine related posts wrist discouraging. Vaccinations users were seeing comments. On vaccine related post seven hundred seventy five million times a day the memo said and facebook researchers were the large proportion of negative comments could influence perceptions of the vaccine safety even authoritative sources of vaccine information. We're becoming quote cesspool of anti vaccine comments. The authors wrote. That's a huge problem and we need to fix it. They said facebook's goal of protecting the roll out of the cupboard vaccines described in one memo as a quote top company priority end quote was a demonstration of mr zuckerberg faith at his creation is a force for social good in the world but the effort ended up demonstrating the gulf between his aspirations and the practical reality of the world's largest social platform where the company's aims can bring it into conflict with its own users. Despite mr zuckerberg's effort a cadre of anti vaccine activists flooded the network with what facebook calls quote barrier vaccination and quote content. The memo show they use facebook's own tools to so doubt about the severity of the pandemic threat and the safety of authorities main weapon to combat it and quote if new scandalous headlines in the journal every day was not enough head of instagram adam. Massery went on our friend. Peter kafka's podcast yesterday to push back on those earlier wall street journal scoops. That suggested that instagram was bad for teenage girls. And well this happened quoting cnbc. Adam massery the head of facebook. Instagram service came under a flurry of criticism thursday. After comparing the value of social networks to society to that of cars quote we know that more people die than would otherwise because of car accidents but by and large cards create way more value in the world than they destroy. Massery said wednesday on the recode media. Podcast and i think social media is similar and quote. Missouri's comparison of instagram. Two cars came after podcast host. Peter kafka asked the executive if the service should be pulled a restricted. If there's a chance it could really harm people in the same way that say cigarettes can harm people quote absolutely not and i really don't agree with the comparison to drugs or cigarettes which have very limited if any upsides massery said anything that is going to be used at scale is going to have positive and negative outcomes. Cars have positive and negative outcomes and quote. Numerous twitter users criticized massery for the comparison and pointed out that unlike social media. The automobile industry is heavily. Regulated among those critics was former facebook executive. Brian bowen quote. We have regulations and the national highway traffic safety administration for cars. Maybe adam azeri should read unsafe at any speed. Bullen tweeted kafka asked about the regulation surrounding cars which massery responded he does believe that some social media regulation is needed quote. We think you have to be careful. Because regulation can cause more problems. Misteri set on the podcast. But i do think we are a big enough industry that it's important and we need to evolve it forward and quote massery went on the defensive on twitter after the wave of criticism calling the car analogy quote less than perfect but saying that facebook executive stand by the belief that social media connecting people does more harm than bad quote headline culture. Which yes i know. Social media has contributed to is exhausting. Massery said among his series of tweets thursday morning and quote Yes the endless series of facebook. Controversies can be exhausting. Take it from someone who has to cover. These controversies every day. And i've only been doing it for a little under four years. But at the same time i kind of think that that's the point and that's why i'm devoting half the show today to this because again there have been new stories and new allegations every single day this week. Stop for a second and ask yourself why. That is i mean. Facebook has had controversies from the day it was created. So why is this all coming out now. Well as everyone in tech has been whispering about this week it is clear that the calls are coming from inside the facebook house itself. Clearly someone either. Formerly or currently at facebook is leaking this stuff. So is there a larger rebellion going on inside facebook than we know about. Let me quote this tweet thread from former facebook executive alex thomas quote. The facebook files reporting is incredible necessary and damning and misleading. The public about. It is inexcusable. But this stuff must exist on other platforms to right. Why are they less leaky. Will this disincentivize this kind of research in the future. How do we stop that. I think the big picture is that several mid level vp's and directors invested and built big quantitative social science teams on the belief that knowing what was wrong with lead to positive change those teams have run into the power of the growth and unified policy. Teams turns out. The knowledge isn't helpful. When the top execs haven't changed the way products are measured and employees are compensated so the only recourse for those teams to affect. Change is leaking to the wall street journal. I'm sure other products have the same impact some problems but they are either too small twitter and snap to build these big expensive teams that don't drive revenue or have a strategy of not looking youtube and quote in other words if you're a talented smart perhaps idealistic person who has gone to work for facebook for the last five years. At least you knew that working at facebook would be. Shall we say controversial. Some folks would look at you sideways if you mentioned where you worked but maybe you could justify it all to yourself by saying it's okay 'cause we can change things i by being here. We'll change things. Social media is new. We just haven't perfected it yet..
"the wall street journal" Discussed on Clark Howard Show
"When amazon customers leave a negative review for a product. I mean absolutely stunning. That amazon sellers member most merchandise being sold on amazon being sold by third party sellers. Most of whom are really hard. Working decent business people just trying to earn a living honestly selling goods to people but the seller rating has become so all important as people look at a product and see how many stars it has without digging deeper. That sellers are doing everything they can to manipulate the ratings to the point that they break amazon rules and start harassing you at your email address. I being really nice offering money. Maybe even when you turn them down raising the money they'll offer you to pull down a negative review or to write a positive review. Most often they start offering serious money. According to the wall street journal investigation. When you've written a negative review and then if you still won't pull down the negative review they may start being more and more aggressive in emails. They send to you. Amazon's rules supposedly prevent sellers from doing this and unfortunately in the wall street journal investigation over and over again amazon was found to ignore complaints by its customers when they would complain to amazon about being harassed by sellers. This is an area amazon. Definitely needs to work on what their relationship is. An responsibility is for hosting all these third party sellers. The other aspect involves the sale of unsafe goods on amazon. Where amazon has alleged in one court case after another. Not our problem. We're not responsible. Somebody dies make us hurt tough. They weren't buying from us. They were buying from. Who knows who. Which amazon does a very poor job showing on their website so amazon. Now under extreme pressure now says that they are going to pay damages through a process when somebody has been harmed by goods being sold. Dangerous goods being sold by one of these third party sellers. Which again is most of the goods being sold on amazon. So amazon stewing this under this extreme pressure but is captured. A thousand dollars if somebody's really hurt thousand dollars isn't going to get it done. The reality is amazon is different than.
"the wall street journal" Discussed on WSJ Opinion: Potomac Watch
"From the opinion pages of the wall street journal this is potomac. Watch welcome back well. Let's talk about a couple of the details of this disagreements. At least as far as they are leaking out of this close negotiation room. One of them is about mass transit and build. There was a journal editorial on this that says mass transit usually gets about thirteen billion dollars in federal funds. Every year there is about seventy billion dollars thrown at it during the pandemic Making up for shortfalls as as riders at quit going on mass transit So there's more spending a part of this bill but then there's also a provision that's being argued for by democrats according to this reporting To take a highway funding a gas tax money and take twenty percent of that and directed towards mass transit. In republicans are arguing against that. I mean red states. Rural states generally less area areas that have less Less mass transit funding in the first place. But also i imagine that they don't want to set the precedent that twenty percent of the of the highway funds go towards mass transit projects. Yeah you're saying the republicans don't want their president right right because the democrats. I think do want that president look in gen. I mean there's a couple of things is one Democrats you know. As as an ideology. The democratic party is part of the group that sees the automobile as the enemy. Carbon enemy all sorts of enemies right. And they've always favored mass transit. Ba mass transit really isn't effective or a profitable has to be subsidized. almost everywhere. it's impractical. In many places you know except for new york which is an island and make sense in new york big car. Traffic is so bad in. The mass transit system is so extensive but in other cities. If you have eight percent say people taking buses or trains and you even you double it. You're still only at sixteen percent. You know we need we. Frankly we need more roads and and Things like that. So i think they start the democrats start out with the predisposition against cars and four mass transit and what they would like is to have Gas taxes and stuff and they would like the automobile to subsidize subsidize mass transit. Now i think it makes sense and i wish we had done this before i think with private feet. I think it makes sense to make drivers pay for the roads. They use right so instead of having like a car tax. Where you're taxed whether you keep your car in your garage you're taxed if you.
"the wall street journal" Discussed on News-Talk 1400 The Patriot
"A major de cluttering project that can be emotional as Ellen Byron of The Wall Street Journal tells us it's Not all that easy for some of us to get rid of unnecessary items. Ellen How is the pandemic affected our relationship with clutter? Well, I spoke with a de clutter expert who says that people tend to go into one of two categories. Either they started stockpiling and they have more clutter than ever in their homes or We've been at home more than usual looking at everything in their home and can't stand being around it anymore. And those people have seen the need for perhaps some more space, so they're clearing things out. Yes. In many ways, people are looking at their homes and trying to make it more functional. Ah, lot of families have to turn their homes in the schools and offices, places to exercise places to relax places to enjoy a leisurely meal that they might have otherwise head in a restaurant, for example. And so as we rethink how our homes are functioning, people are desperate to find more space. And so what? This expert just Marcie explained to our readers. Is that that process of de cluttering can actually be quite an emotional one. Why? Well, she called certain items de cluttering landmines, and that's because we can be clearing out. Let's say a garage or a closet. Suddenly find an object that stops the whole process. And that's because that object, it could be a piece of paper. It could be a shirt. It could be some sort of my mental, but it brings back a flood of memories It brings back and experience good or bad. That can suddenly make us district did and unable to make a decision about whether to keep it or topic. We're speaking with Ellen Byron of The Wall Street Journal, Ellen What does she suggest steps to take when tackling clutter? She has several picks, and some of the biggest ones are recognized The land mine when you come across it, If you do see something that is emotional, it has Some sort of big emotional reaction in you. Just put it aside. Put those boxes that might make you cry in the one spot and keep going. If you don't know where to start, she suggests to simply open in a closet with your eyes closed and grabbing the first thing If that is an emotionally easy thing to deal with You either keep or toss do that and then move on to the next thing and just try to start with emotionally easy objects and then eventually you'll strengthen what she calls your de cluttering muscle. And that's really your skill set of deciding whether to keep or let go of something and then Ultimately, at the end of your project, you'll be able to more easily deal with those emotional objects that are in your home. Ellen does. She then suggests that when you deal with something sentimental or things tied up with grief, you also approach the approach of the same way and set it aside till the end. Yeah, and when you know that you are going to be dealing with some of those A more emotional things like, for example, inherited items or someone you love has passed away and you're trying to clear their belongings. Plan ahead. If you know that you're going to need some support from a therapist plan a unum point mint for that time period or reach out to a friend or spouse and say This is my plan for the afternoon. I'm going to need some support. Order in dinner. If you meet you that they just do what you need to do The have support that you can count on ahead of time. And that makes this process Ah lot. Of you. No more efficient. Has it gotten worse? Because we sit at home now in order junk that we don't need online. Yes, there are so many easy ways to bring objects into the home. We don't even have to show a credit card any more. We can do it with some print on a phone. We don't have to leave the home and often when people are feeling nervous about their safety, those stockpile supplies that they might not actually need. Um In many ways, the whole skill of decluttering is a new skill set that we need to learn because our parents and grandparents didn't necessarily have to do this. Good are so much more inexpensive and they were a generation ago. And because of that, we simply have or stuff to contend with. So we have more belongings, more items flowing into our home and we have blowing out We get what Just Marcie calls a cause in our home. We have to fix that. And so she recommends, when people are working with her to stop bringing anything except the most essential items into your home for that decluttering period to really try to get Arm or belongings out of your home than in and then once you are now living fully and comfortably in your space, then you can decide whether more can come in. That's Wall Street Journal reporter Ellen Byron with this weekend's Jennifer Cash Enka 30 minutes now, after the hour On this weekend. Hey, everyone, you little stop what we're doing right now and take a moment. That felt good, huh? Just like that. We had a nice special sort of moment together. Of course, they don't all need to be quiet moments to be special that they could be loud moments. Goofy moments. Sporty moments, dorky moments, moments where we talked, or walk or just Hang out. It doesn't really matter. They all count because every time Dad's like us take a moment like that to spend with our kids. Well, it's pretty momentous. Sounds like somebody agrees..
"the wall street journal" Discussed on WLS-AM 890
"The Wall Street Journal editorial page. Most importantly, the right has the Supreme Court, which might prove to be the one reliable counterbalance and the majority of Howard the state level. But here's the key point. Conservatives long ago lost so many key institutions that defined national conversation including culture, media and higher education. Now President Trump has cost Republicans those tools of political power and policy making. The party will have to rebuild around new people and ideas. Well, that's a change from what access originally argued originally and said, We're now going to rethink things like free speech, freedom of association in this country. That's what the left really would like. Now that they have all of the tools at their disposal. They're going to rethink free speech. They're going to rethink free association and the way they're going to do that is by proclaiming loudly and clearly once and for all that if you are on the right, you are in league with the people who stormed the capital. If you were a supporter of Trump or you if you didn't support Trump, if you're just a religious conservative, if you're somebody who held your nose and voted for Trump, because you looked at the left and left was getting so insane that they were openly backing black lives, matters, rioting and back in critical race theory. Trying to ram down and it is extraordinary level of intolerance on right wingers across the country and people were middle of the road and moderate liberals across the country If you looked at that, and you said, You know what? I'm not into that Now the rule is that you were in favor of what happened to the capital last week. Which is crazy and gross and the people who are saying this sort of stuff are are doing something deeply politically malevolent. If you're lumping in with the hundreds of people who should go to jail for a very long time. We did what they did last week for lumping in with those people. The 75 million Americans voted for Trump and then Bubbly. Another 100 Million Americans who disagree with left on a wide variety of issues ranging from other Children should be allowed to change their sex toe. Whether Americans should be divided along the basis of race and then special government benefits given to them. If you're lumping all those people together, and you were those people. And you know that That's the problem. You are part of the problem. Not the only problem but definitely the biggest problem for the future of the country. Because let's be real about what happened last week. What happened last week was an act of evil and it was unsuccessful. Republican Senate came back into session and then voted for the certification of the election. Mitch McConnell lead the way. Vice president Pence. Trump's own vice president presided over that it was a failure. It was a failure from beginning to end doesn't mean it wasn't evil. It doesn't mean it wasn't terrible. It does mean that the system was resilient, resilient enough, and within a couple of hours everybody was re gathering. On the floor of the same building that had been invaded. And was voting in favor of the system. Danger to the system right now is not the exogenous danger of writers taking over the capital. The danger to the system right now is the complete lack of trust the breakdown in basic cultures of rights. Do we talk on the show a lot? How culture is upstream of politics? We talked on the show a lot about how a culture matters more than the politics that that your culture shapes you the waters in which you swim right this stuff. Do you watch the church? You go to your neighbor's that that really shaped who you are as a person, And then that is manifest in politics. Politics does not change culture nearly as much. Here's the thing when it comes to your rights When it comes to liberty, a culture of liberty, a culture of freedom is upstream. Of the politics of freedom. Okay, there a lot of people today who are saying Well, you know what? You're complaining a lot. But these are all private corporations doing what they do. We believe they're allowed to do what they did. That's true. Legally, Many of these companies are allowed to do what they can fire you for being a conservative. They can They're allowed to not Do not allow you to use your credit card to pay for a subscription over daily wire. They can But a culture of rights, which means a people who prize the ability of people to do things they don't agree with, because they believe in the underlying writes, that has to undergird Any legal system of rights because sooner or later and usually sooner Culture that opposes the rights of others turns into a legal structure that opposes the rights of others. It bleeds over incredibly quickly. If you think the First Amendment's gonna protect you if the entire culture has decided the first Amendment no longer matters wrong, you are. Can we get two more of this in a second? Why This has become such an issue First, if you thought the lead up to 2016 was nuts, you ain't seen nothing yet. The best.