35 Burst results for "Three Billion Dollar"

The failed Plaid-Visa merger is interesting fintech tea

Marketplace Tech with Molly Wood

03:39 min | 3 d ago

The failed Plaid-Visa merger is interesting fintech tea

"The financial tech firm plaid announced this week that it's doubling its workforce in europe that is largely because it's planned five point. Three billion dollar merger with visa fell apart earlier. This month after an antitrust lawsuit from the department of justice is a platform that lets you a customer link your bank account to cap like ben mo or robin hood you log in using plaid's interface but the bank itself might be totally cut out of the loop. They hate that. Visa could use plaid to expand beyond payments and maybe legitimized platt itself. Lisa ellis researchers payments at the firm moffitt nathanson. She said the doj Worried that these might be trying to kill the competition. There was sort of making an example. Frankly visa because obviously this is a theme that recently the doj has been focusing more on this idea of big tech firms buying small nascent potential competitors to kind of take them out of the market early on that was the angle that the doj came and they had leaked documents from internal strategy documents of of visas that explicitly indicated this as a risk. And so that was sort of the basically visa visa is facebook. They didn't want plaid to be the instagram right. Exactly i mean. Does this signal. Do you think a real shift then antitrust policy where that will be a more normal calculation that the doj makes it's definitely an angle that the doj is much more focused on it's a component of antitrust. That's historically not been instead of the usual measures that you would use to determine if something needs the bar of being an antitrust violation there now incorporating this thought this idea Much more actively this concept that larger firms are motivated or maybe motivated to kind of stymie competition in their space is by acquiring and then sort of retrofitting or in an extreme scenario. Actually just outright shutting down small competitors. Do you think that there will be other. That's than specifically inventec like do you think there's going to be more scrutiny. Assuming the day is on a new anti-trust push that also includes not stopping out baby competitors. Do you think there will also be increased scrutiny on because of the sensitivity of the information involved i do i do and that's also With the change in administration with a biden administration. He's been very open that the cfp is one of his big priorities. In terms of broadening and increasing the scrutiny on consumer protection in general which will include presumably will include fintechs and then in addition to that fintechs have gotten an enormous boost from the pandemic because of people being at home bank branches closed people having a little bit of extra cash because of stimulus checks. That's why you've seen this huge growth in robin hood in Coin bays in pay pal in van mo- in all of the i mean they've all had huge growth and so they're also just suddenly much larger and on a lot more people's radar screens. And so i think over the next year or sue we're going to see a lot more clear regulatory framework around fintechs and how they operate and how they interact with banks and what they need to be licensed for and all the consumer privacy and data concerns

DOJ Ben Mo Lisa Ellis Moffitt Nathanson Robin Hood Plaid Department Of Justice Platt Europe Biden Administration Facebook CFP
Plaid plans European hiring spree despite Visa deal falling apart

FinTech Insider

04:16 min | 6 d ago

Plaid plans European hiring spree despite Visa deal falling apart

"Clad and visa have ended plans for their monster merger almost a year after it was announced visa has cooled off. Its deal to buy fintech plaid for five point. Three billion dollars off to the us department of justice sued to block the transaction on antitrust grounds. We're confident we would have prevailed in cooled as plaid's capabilities. A complimentary to these is not competitive. Said al kelly chief executive when the deal was announced in january. Twenty twenty mr. Kelly said it would put the combined company at the epicenter of the fintech world but the doj moved to block the deal in early november arguing. That visa had chosen to a quiet plod because it was developing payments platform that would challenge visa dominance in the sector. Zach perry plaid. Ceo says it has only just begun will also stating it grew. Customers by sixty percent added hundreds of banks to the platform recently So ouattara thoughts on this. I suppose i double on the doj's decision. They made the right decision And then on top of what you think is next applied and indeed for visa you know visas strategists the scott. What's it gonna do instead Who wants to confessed on this one. I have no obvious. Talk on the story bradley. I'll go straight to you oklahoma. Dj positioning oversee. This was a memo. I think the visa describing is future competitor. But it's kind of like if you look at shell or chevron will be one of the big oil and gas guys if they go and invest heavily all by one of the renewable energy providers without be something the doj against odin think. so so. i don't view necessarily a competition. It definitely is an aggressive move would have been by visa. I'm but it's not. Apples to apples. Is competing new way of paying the more. Traditional banking rails. I'm it wasn't than buying competing conference. That i think would have been than trying to own their own. Their own immedi system. So i'm sure agree. With the ruling on deeply never went cold so almazo writes Will arenas once it's interesting time. Isn't it broadly. The famous volcano picture was the Was was the that was mentioned and this idea that plot was gonna move in that direction. The doj's argument was always that will fees is nearly sixty sixty five percent market share in the us. It's clearly dominant position if they're acquiring something that could compete with the very called rails itself then. A potential competitive type was being taken off the table and visa would continue to own a even if the rails would move from called to something that was more account based are the question to your point as to whether or not that was ever going to happen but certainly in a lot of the country. I've seen online In the past a couple of days and days since cisco announced on twitter a lot of the vc community is sort of saying it looks like plot themselves may have been motivated to terminate this because five billion dollars for a for an api data company. Seems like a really big price when visa. I pays it. But it's a testament to why we are infantile. That plot could probably got a better deal. I'm and actually the growth in neo biking and challenging ranking during the pandemic has been so astonishing that why wouldn't plod to go somewhere else and could they built mobile themselves than they cut on the on. The visa's umbrella suddenly seems like fintech. Twitter is very very bullish homeless firm plots perspective. I'm but then also people who all big funds of visa think. This is a good move for them as well because it kind of moves them away from being They were always very friendly with the banks kind of the position with the big banks. They have a great relationship. Plods account dates are access is not very well liked by a lot of the major. Us banks indeed. Many of them have been trying to block access to screen scraping together on direct deals in place and that might be one of the biggest threats in plots business model so visas business just gets a lot clearer. All of a sudden plot may be able to go onum become that competitor or something else so a good result all around personally

DOJ Al Kelly Zach Perry Ouattara Almazo Chevron Kelly Bradley CEO Oklahoma Scott Shell Twitter Cisco United States
Visa abandons takeover of Plaid after DOJ raises antitrust concerns

Techmeme Ride Home

02:35 min | Last week

Visa abandons takeover of Plaid after DOJ raises antitrust concerns

"Visa has announced it is abandoning. Its five point. Three billion dollar planned acquisition of fintech firm plaid after the doj sued over antitrust concerns back in november. Now maybe visa plaid is a unique case. And i'm open to people's opinions about this. But i feel like this is the sort of acquisition that would have sailed through without anyone blinking an eye five or six years ago quoting the journal plaid. The government argued was a nascent but important competitive threat to visa and eliminating that threat would lead to higher prices less innovation and higher entry barriers for online debit services. Visa initially vowed to fight the government and a trial was scheduled for june in a california federal court. Visa and plaid mutually agreed to end of the deal. Plaid chief executive zach. Parrot said in an interview. That plan is in good shape to prosper independent company. Because consumers flocked to the digital finance plaid powers during the coronavirus pandemic the number of paying plaid customers has increased more than sixty percent since the visa deal was announced. Mr parrot added and quote. So what i've been hearing overnight is maybe plaid isn't all that broken up about this deal breaking up as it were because in a world where square is worth one hundred billion dollars pay pal is at two hundred and fifty billion five billion dollars for a key. Part of all of fintech was frankly looking like an absurdly low price like the steal of the century given the current markets. If somehow plaid could tomorrow how much you wanna bet. They'd hit at least a fifty billion dollar valuation. Or something crazy though. I would question what made them went to take the deal in the first place. What do we or do we not know about their underlying business. As alex ramble at a sixteen z tweeted quote plaid underpins virtually all offend tech. It is the strategic pillar that is allowing this industry to be built at unprecedented scale and speed. While i believe the doj decision to be misguided. I'm more excited for plaid. Anzac parents decision to remain independent. Plaid has been and will continue to be the most important piece of financial infrastructure. Powering the fintech services we use today and those we will use tomorrow. The opportunity for fintech has only accelerated and plaid's roadmap is even bigger better and more. Ambitious ludicrous speed. Go and quote and as ham hamster jogi tweeted your move. Patrick collison

DOJ Mr Parrot Plaid Parrot Zach Visa Alex Ramble California Government Jogi Patrick Collison
EV Used Car Values Are Holding Up

EV News Daily - Electric Car Podcast

03:23 min | 2 weeks ago

EV Used Car Values Are Holding Up

"So the altium battery cells Gm and lg's the nine they've given it to the platform more than just the cells or the batteries that made into recently. They've been calling it. The ltm platform and that is going to be the foundation for all of their electric cars and thanks to a youtube channel by ray non navia. We can now check the construction process of that facility. That's going up in lewistown. Ohio a joint venture between gm and lg. Like i say according to inside hof the construction work is already done. The buildings are up the reeves on on. But you can see the buildings going up and surely there is so much still to do. But within several months they are on target to have that facility finish. There is an unhealthy obsession with watching tesla build factories and the busiest aspects of germany. Right now is probably drones above some way just outside of berlin or maybe texas facility asli. They're all the gigafactory is being built. Gm's with algae is coming along very nicely baking. It'll be out of the oven soon. And they company will install manufacturing equipment later this year. Production starts in two thousand nine hundred twenty two the spending two point three billion dollars on it. It's going to create one thousand one hundred new jobs in lordstown ohio and they're gonna make about thirty gigawatt hours annually of cells which is huge. It puts them just behind. Tesla's gigafactory in nevada. Funnily enough okay. Let's move on and on the podcast next. We're going to be talking about what's fascinating story next on the show an official look into battery safety and that's not to say that batteries are unsafe in any possible way but the american. Nhtsa nitsa is creating and a battery initiative for visas to coordinate looking at things like the research the investigations and the safety standards around battery safety. And that's a good thing because you know these are incredibly safe like the comic is themselves and the battery. Maker's is an amazing job with this. I feel so safe driving around. Evt's and you just think about because we've had cars combustion costs for hundred years. You don't think i'm driving. I'm putting my family and my baby inside a car which is carrying around litas. Some gallons of very high highly combustible liquid blows up. I mean when you look at the fire department and the fire brigade stats on cough. Is they've really coleman. And so when there's an incident of course it makes the news because they're so rat but normal 'cause burned down all the time. So i feel very safe driving a navy if you're drive already but it's really good news. The nhtsa has created an initiative to look at the kind of coordinated analysis of data investigations. When there's a crash an anon- crash event and look at diagnostics and even cybersecurity as well. That's all very important. According to the website Techno codex this initiative nitsa that it will conduct investigations into safety related defects in vs and be a central point on battery safety. That's very very important. Lots of people are doing this. But i think it will give consumers more confidence.

GM LG Tesla Lordstown Lewistown Reeves Nhtsa Youtube Ohio Berlin Texas Nevada Maker Cough Coleman Navy
Dominion sues Trump lawyer Sidney Powell for defamation

AP News Radio

00:50 sec | 2 weeks ago

Dominion sues Trump lawyer Sidney Powell for defamation

"A company that makes vote counting equipment has filed a defamation lawsuit against one of the lawyers representing president trump in a series of unsuccessful lawsuits contesting the outcome of the presidential election Sydney Powell has claimed without evidence that dominion voting systems was part of a scheme to steal the election from president trump saying it needs to set the record straight the election technology vendors lawsuit seeks one point three billion dollars for what it describes as Powell's wild accusations dominion voting systems notes there are mountains of direct evidence to conclusively disproved Powell's claims millions of paper ballots audited and recounted by officials of both parties in Georgia and other swing states that have confirmed the accuracy of dominion's count Ben Thomas Washington

Sydney Powell Dominion Voting Systems President Trump Powell Georgia Ben Thomas Washington
Cheques, imbalances: Americas fraught stimulus

The Economist: The Intelligence

07:53 min | 3 weeks ago

Cheques, imbalances: Americas fraught stimulus

"America's house of representatives passed another version of stimulus bill yesterday. This one promising. Two thousand dollar checks to the majority of americans use would make a difference in the lives of americans who are facing the greatest uncertainty that they've experienced for many of them in their lifetime. It's unclear if the measure will pass in the senate making it yet another twist in a last minute. Saga to provide economic assistance to millions of struggling american workers and businesses the original two point three trillion dollar spending package included nine hundred billion dollars for pandemic relief in addition to funding the federal government for the next year. They was hastily negotiated in the run-up to christmas by a bipartisan group including president. Trump's treasury secretary steve mnuchin but after it was passed by the house and the senate. Mr trump criticized the bill saying it didn't do enough to help. Ordinary americans in really is a disgrace for example among the more than five thousand pages in this bill in the end. He didn't make good on his threat to veto the legislation on sunday but he demanded another congressional vote on increasing the value of the stimulus checks. A measure supported by many more democrats than republicans. I worry that this wapping four. Hundred and sixty. Three billion dollars won't do what's needed stimulate the economy or get the jobless back to work. Whatever the outcome the relief couldn't be more needed. Government has been deadlocked on the matter for months and in just over three weeks. It'll be president. Joe biden who inherited the budget. The stimulus plans and the problems brought about by all the footdragging. Congress rarely compromises these days injuries. Cologne is the economists. Washington correspondent and it was truly a compromise measure. That will do some good I think for the american people. So what's in the bill actually been passed by both houses and signed by president trump. the new sumo's spill that president trump signed into law includes a couple of important provision. One of which is another round of direct checks civil. Go to americans. These are going to be half as big as the ones that were passed in march so these will be six hundred dollars per person as opposed to twelve hundred and there's also going to be a new federal top in unemployment benefits. Most americans have beginning six hundred dollars a week until those benefits expired back in august. The new benefits are going to last for eleven weeks and they will be about three hundred dollars per week. And there's a few other things it's very long. Bill is fifty six hundred pages. Almost that was negotiated very much at the last minute. Among the more important parts are another three hundred billion or so which are going to be allocated for the payment protection program which subsidizes businesses to make sure that they don't have fire people and why the president trump had Such a hard time signing why the delay. That's an interesting question. Depends on how generous he wanted to the president. Many people pointed out the seeming lack of logic about refusing to sign a bill that had been negotiated with his administration. Nancy pelosi of negotiating with steve mnuchin. The treasury secretary about the contours of the bill and this compromise was was forged with mitch. Mcconnell the republican leader in the senate there had been little indication before the bill was actually passed that donald trump had match of objection to it wants. It came to his desk. He thought of the bill was pathetic and that it needed to have much more generous person check but ultimately donald trump decided not to hold up the bill and and this is a relief package that americans have really been waiting some time for. Yeah absolutely the initial cares. Act was a huge injection of stimulus. But it was passed all the way back in march and a lot of the major provisions of the cares act expired back in august and interestingly because that was more than two trillion dollar bill what you saw in the first month of the pandemic was actually pretty solid progress against already in america. You saw a twenty five percent reduction from its pre pandemic levels and what you've seen since the expiration of those benefits is a very fast resurgent so all of those gains in poverty reduction have been Erase this point and if you look at other indicators of hardship whether it's the sheriff families who say that they can't afford food thirteen percent of american families right now are saying that they have not had enough to eat in the last week from the latest census bureau. Polls you see thirty percent of americans who are renting say that they have little to no confidence that they will be able to pay next month's rent and those measures that we've been tracking have gone up significantly in the past couple of months and put this into some context. How does this This relief package on the whole compare with with similar ones offered by other countries britain germany. And so on so at this point america. We'll have done over three trillion dollars of direct stimulus. And if you compare. America to other countries on the basis of how much money does it immediately inject into the economy. America looks fairly outstanding. Where america doesn't look as generous on the stimulus front is on its guarantee. Liabilities made with businesses so european countries are much more likely to guarantee loans use the central bank much more than america has used the fed as part of their strategy for addressing similar. So depending on whether or not you think. Direct relief to americans is more important You could say that america's really well if you think that subsidising businesses and making sure that they stay open is the vital point of covid relief that you could say that the europeans have done better but another facet of this was that the bill apparently contains what president trump called the pork but a lot of provisions that aren't sort of directly related in that way it does and that's in part because it was attached to the bill that keeps the government open in funded for the next year and that obviously has a lot of unrelated provisions because it is the bill that funds entire federal government. You know there are measures on a teddy roosevelt presidential library. Independent commission to oversee horse racing. Racine those kinds of things have been snuck in but also some provisions that might not have been obviously related to covid but that are probably good like an end to the practice of surprise billing which is basically where you go to a hospital. That's in your insurance network. You're treated by dr who is affiliated with a different network and you get a very large bill and all this is happening of course in the in the twilight of mr trump's presidency. Where does this leave. Joe biden as as he starts to come in this really sets the initial conditions for joe biden's presidency a lot of the unemployment benefits for example will expire in mid march which will mean that there will be some period of renegotiation. We saw chuck schumer. Who is the democratic leader in the senate say that the bill will only partially cover some of the depths that americans are in right now economically. Unfortunately the troubles are so deep. The abysses so long that we need more and this is just a first step. This is an emergency. We need a second bill to continue. So that's going to set up a new challenge for them in the opening days of the administration when biden would probably rather try and pursue a big legislative victory like infrastructure. Or something else. A lot of it is gonna turn on what happens in the upcoming senate races in georgia. The runoffs will decide the last two seasons senate and that will determine whether or not democrats or republicans control it if republicans keep those seats and democrats. Don't have control of the senate. I think it's probably quite likely that this is the last big stimulus measure that americans are gonna see addressed. Thank you very much for your time. Thanks so much for having

President Trump Steve Mnuchin America Senate Mr Trump Treasury Donald Trump Joe Biden House Of Representatives
NBA looks to sports betting to fill the gap

CNBC's Fast Money

03:08 min | Last month

NBA looks to sports betting to fill the gap

"The nba season kicked off with a bang last night. The brooklyn nets beat the golden state warriors. One thousand five hundred ninety nine in the first game of the season with no fans in the stands looking likely anytime soon. The league is looking at new media strategies and sports betting to fill the gap and they aren't the only league doing so. How could that look. Our next guest has ideas. Let's bring in paul rebel. Founder the premier lacrosse league Paul great to see you again. Of course. The pl just merged with major league lacrosse. You say that this provides a singular destination for fans. I would imagine this. This gives the sport an advantage as well in terms of selling itself whether it be media coverage or streaming rights or any other kind of rights to carry the games. Yeah absolutely it's back. Happy holidays I think with sports in particular the ability to coalesce that have a singular message is important and for us when we look at future road profitability and just larger revenue Looking at the commercial opportunity of on now entering our third season twenty years or pro across history. That's looking like close to four thousand hours of twenty years of games at the mo of played that we can provide streaming service package as well as part of the announced we said we will get span to eighteen. Which is additional commercial assets and market now and as we continue to grow. We'll catch up to the legacy leaks. Hey paul dan great to have you back but in congrats on the deal. Quick one for you here you guys. You had that that bubble season this past summer very successful you know it was all over. Nbc all their properties. That sort of thing. Obviously no fans of how important was the sports gambling integration. You guys had done a deal with draft kings was that did that help engagement. And do you see that as a really important part of the offering the media offering going forward. Yeah it's huge allow. The sports properties have learned that we need to be more nimble. And not as reliant as call it major league baseball the traditional path to building a sports league on ticket sales the nba. What you reference malas typically rely on twenty or thirty percents of their revenue on tickets were looking at a modern sports age where it's meteorite sponsorship now sports betting merchandise in many cases the epl leapfrogs ticket sales and on the sports betting front. Dan we did a deal trap games last year and it was huge. I think what the sports betting this new gaming offers looking at now is live broadcast. Live odd integration And we're seeing networks now. Cut deals with gaming operators. If you look at espn's draft or mdc in points that so the properties are going to wedge their way and that's part one part two is i think in twenty twenty two to twenty twenty one. We're going to start seeing the entrance of bio data Related to players. So where will technology like lou on players that integrated the broadcast experience leaning more viewership and a larger handle sports ban in october. Three billion dollars legally registered. So we'll see that number continued to grow and more league revenue opportunity and board network revenue opportunity into twenty twenty

Brooklyn Nets Paul Great Major League Lacrosse Golden State Warriors Paul Dan NBA NBC Baseball DAN Espn LOU
XRP, The 3rd Biggest Cryptocurrency Might Be In Big Trouble

Techmeme Ride Home

02:58 min | Last month

XRP, The 3rd Biggest Cryptocurrency Might Be In Big Trouble

"The sec has indeed gone ahead and sued ripple. Labs it's ceo. Brad garland house and chairman. Chris larson alleging that they violated federal securities laws by selling x. p. to retail customers. This is actually a bigger deal than i thought it might actually lead to the delisting of x. Rpg from major crypto currency exchanges the price of x. p. is down over thirty percent at the time of this writing quoting coin desk according to a lawsuit filed tuesday ripple raised one point three billion dollars over a seven-year period to retail investors through its sale of sarpi on an ongoing basis. Ripple ceo brad garland house announced monday. That the sec had told his company of the impending lawsuit and published the payment firms wells response a document that seeks to tell the sec wise. Certain activity did not violate us securities laws. The san francisco based fintech firm has long maintained that x. p. the cryptocurrency is separate from the company the cryptocurrency was often referred to as ripple through two thousand eighteen and shared logo with the company. Until later that year the impact could be wide ranging. Several exchanges list are in the us with only one deciding to delist the cryptocurrency ahead of the tuesday lawsuit. If the sec prevails platforms that continued to list. The crypto may have to register as securities exchanges according to the complaint which names ceo. Brad garland house and chairman. Chris larson in addition to ripple labs as defendants ripple violated sections. Five am five. C of the securities act of nineteen thirty three by failing to register x rpi as a security or seeking an exemption quote over a long unregistered offering securities. Ripple was able to raise at least one point three eight billion dollars by selling p. Without providing the type of financial and managerial information typically provided in registration statements and subsequent periodic and current filings the filing said quote ripple use this money to fund its operations without disclosing how it was doing so or the full extent of its payments to others to assist in its efforts to develop the use for x. Rpi and maintain excerpt secondary trading markets and quote. So it turns out that there actually is precedent for the sec sort of inflicting mortal investigations on a crypto currency. And not good precedent. If you're ripple remember excerpt was the third largest cryptocurrency by market cap quoting fiona kobayashi on twitter. Those of you saying the sec suit on ripple will not affect p have a. Look at the sec's twenty. Nine nine suit on kick and its effect on the qin token in the lead up to the filing and over the ensuing one and a half years as noted by catherine wu. It's the same play in terms of process and ugliness and quote

Brad Garland Chris Larson SEC Ripple San Francisco Fiona Kobayashi United States Twitter Catherine Wu
Nike's New High

MarketFoolery

02:10 min | Last month

Nike's New High

"A new all time high. Yeah well i mean we. We've been saying it all year regarding strong businesses in trying times like these ceo. John donahoe even even reiterated on the call when he said and i quote these times when strong brands get stronger and certainly nike is one of those strong brands. Going into this. i mean we. We knew that it was going to be able to pivot and deal with with the situation better than most. And then it's proving out to be the case as you noted strong strong really funny to performance across the board revenues of eleven point. Two billion dollars. It was up seven percent on a currency neutral basis nike direct sales. This was really impressive. Nike direct sales were four point. Three billion dollars. That was up thirty percent. But if you do a little math and you can see. Direct was actually almost forty percent of the company's business. So listen we talk about these companies that are taking more ownership of the brain in the experience and nike is doing that. And it's really benefiting in nike digital sales up eighty percent on a currency neutral basis. That's now three straight quarters of approximately eighty percent or better digital growth china as you mentioned was the real star of a quarter the they working on a little bit of an accelerated time line there and recovering from covid nineteen of course and and so i think that management is is learning a lot from what they've done in china and they're able to bring that over to north america and into the digital sphere north america flat not terribly impressive but really given the situation that that's actually pretty good. They've got inventories. And check gross margin. Compressed a little bit just due to basic costs regarding the pandemic and in some higher promotional activity. But when you look at this quarter in total just another just another stellar really quarter from from what i consider a stellar business. I think you're right about north america. I mean just the fact that it's basically flat. It's like that's fine and i think part of it is because of what we just saw out of china even when you factor in.

Nike John Donahoe North America China
Oklahoma asks court: Make J&J pay $9.3B to end opioid crisis

AP News Radio

00:52 sec | Last month

Oklahoma asks court: Make J&J pay $9.3B to end opioid crisis

"The state of Oklahoma seeking even more money from Johnson and Johnson to help cover the cost of treating the state's opioid crisis Oklahoma Attorney General Mike hunter went back to court against Johnson and Johnson now seeking nine point three billion dollars to provide complete relief for the pharmaceutical companies roll it over supplying highly addictive pain killers he says a court order last year for four hundred sixty five million dollars would cover just one year of the state's abatement program Johnson and Johnson argued last year the award should be reduced to offset pre trial settlements between Oklahoma and two other drug makers so now the attorney general's office is asking the state Supreme Court to uphold the judge's finding Johnson and Johnson is to blame for the state's opioid crisis hi Jackie Quinn

Johnson Attorney General Mike Hunter Oklahoma Supreme Court Jackie Quinn
A Big Publishing Plot Twist: Penguin Random House to Buy Simon & Schuster for $2.2 Billion

Business Wars Daily

05:09 min | Last month

A Big Publishing Plot Twist: Penguin Random House to Buy Simon & Schuster for $2.2 Billion

"Biggest news to hit the publishing industry this year. Possibly several years happened last wednesday. And we're betting that you missed it after all. You were probably contemplating cooking a turkey for two and planning zoom thanksgiving dinners with relatives right so just in case here. It is again the parent company of penguin random house's buying simon and schuster for two billion dollars penguin random house or pr h has already america's largest book publisher according to the new york times. Should the acquisition go through and there are some caveats which will get to pr. H will be. The industry's first mega publisher. The times claims. Let's delve into this just a little bit as we've talked about here before simon and shuster is among the oldest of today's big five publishing houses and one of the most distinguished dick simon and schuster founded the company in nineteen twenty four. The partners first product was hardly a literary masterpiece. It was a book of crossword puzzles. And according to simon and schuster's corporate historian it was a runaway bestseller today. Almost one hundred years. After the lowly crossword puzzle got the entrepreneurial venture off the ground simon and schuster or s operates in a different stratosphere. Today it is america's third largest publisher over the years it's published scads of famous even legendary authors including ernest hemingway and f scott fitzgerald also political figures from both sides of the aisle including jimmy carter hillary clinton and donald trump and contemporary authors. Like bob woodward stephen king and anti prue as well as judy blume s prints and authors have won fifty seven pulitzer prizes and innumerable other literary awards including several caldecott medals one of the highest honors given to children's books the company now sells about two thousand titles annually all told s and s takes in close to nine hundred million dollars a year but early this year. Parent company viacom. Cbs decided to go all in on streaming video in sports looking to cut close to a billion dollars in operating expenses ceo. Bob bakish announced that s wasn't what he called a core asset hence the sale in march the rumored price for us and s was one point two billion dollars a bidding. Were hike the final price to two point. Two billion dollars among other contenders america's second largest publisher harpercollins also vivendi. A french company. That owns a stake in. American publisher has yet and rupert murdoch's news corp clearly penguin random house's parent german media giant bertelsmann was willing to pay top dollar for s and s one reason in addition to the competition between publishers for blockbuster bestsellers the big five face. A formidable rival in certain amazon and when it comes to fighting off amazon size matters since two thousand nine amazon has been a publisher. Not just the world's largest both retailer today. It has sixteen imprints that publish everything from thrillers. To romance novels it signs. Top selling authors like dean koontz patricia. Cornwell taking them and their millions of sales away from traditional publishers in two thousand seventeen amazon published more than twelve hundred titles according to the wall street journal if those numbers have grown in the last three years amazon could well already rival simon and schuster for the volume of new works. It's producing what makes amazon such a tough competitor is a book publisher of course is it status as a bookseller. Moreover it has a number of marketing weapons that traditional publishers. Do not such as the ability to easily promote low priced e books to millions of amazon prime members and kindle owners. The wall street journal reports that along with oodles of cash to lure away big name authors as the largest american publisher penguin. Random house has the clout and logistical network to compete successfully with amazon. The merged company would have annual revenues of three billion dollars according to book industry bible publishers. Weekly but we should note here. The acquisition faces obstacles worthy of an epic novel authors and agents represented by the authors guild. Say such a deal will make it even harder for new authors and so called mid list writers to get published meaning. If you haven't written a blockbuster or a solid backlist title your chances to get published and your earnings could shrink. Pr h says. Simon and schuster will remain editorially independent and both publishing houses say they remain devoted to readers and writers still publishers weekly reports that by blending s. npr h german-owned. Bertelsmann would own about one third of the us book market. That's the number that could trigger antitrust. Investigators to closely scrutinize the deal. According to the new york times but those market share numbers are in dispute in both directions. The authors guild which causes tie up says a combined. Pr h. s. would wind up publishing half of all trade books in the us. Meaning not textbooks penguin. Random house's leadership argues not true and says future market share would be less than twenty percent and that an antitrust investigation is unlikely what happens next will likely hinge on which of these numbers comes closest to reality

Penguin Random House Schuster Amazon Dick Simon Simon F Scott Fitzgerald United States Bob Bakish News Corp Random House Shuster Judy Blume Bob Woodward Dean Koontz Patricia
Amazon doubled its profit during the pandemic

Today in Focus

01:39 min | 2 months ago

Amazon doubled its profit during the pandemic

"Given this huge surge of demand. How profitable has two thousand and twenty pm for emerson. Well it looks like in terms of its of its revenues. It's just off the scale. Really a big big on both the top and bottom line. We've got revenue coming in amazon. Report is third quarter results. Companies revenues were ninety. Six point one. Five billion dollars is not income. Increased to six point. Three billion dollars in the third quarter. That's nang well. The stock is up almost two percent here after hours. Mike that's quite a bottom line. Beat here for amazon operating cash flow increasing fifty six percent. Everything he's going through the roof. I mean the numbers are so big that have no sense really of what they mean but i can tell they made the amazon has done very very well and so that leads me into my next question. Is this a company that pays its taxes and plays fairly in the marketplace so there are huge questions about amazon taxes. They pay the taxes all over the world. The question is how much tax they pay. So in september it was reported that its sales in the uk had surged fourteen billion pounds but it paid only two hundred ninety million pounds in uk tax. Now that as far as i understand it is because the level of profit that it declares is relatively small but it's turnover and its revenues arguably speak for themselves and that's a huge source of control busy so for example in two thousand eighteen in the usa amazon posted income more than eleven billion dollars but the company paid nothing in federal taxes. Nothing nothing and that's because they would say well they've only just started to turn a profit

Amazon Emerson Mike UK USA
Amazon Launches Online Pharmacy, Shakes Up Healthcare Industry

Business Wars Daily

04:17 min | 2 months ago

Amazon Launches Online Pharmacy, Shakes Up Healthcare Industry

"Amazon made big news last week when it announced the opening of its online pharmacy in a dark twist. The announcement appears to be timed perfectly as of this writing. More than twelve million cases of covid nineteen have been confirmed in the us according to nbc news and the country is averaging close to two hundred thousand new cases a day that adds up to a mammoth need for prescriptions. On top of that fewer and fewer of us want to venture out and those who are sick can't while the news is hardly unexpected amazon. Spent seven hundred fifty million dollars to buy pill pack in two thousand eighteen. That startup specializes in divvying. Up prescriptions into packets intended to make taking multiple prescriptions easier for patients but it was the infrastructure and logistics. That pill packet already built. There was to serve as the foundation for amazon's new online pharmacy business regardless of whether the announcement was expected or not. It's still hit. The healthcare industry hard with observers reacting both positively and negatively amazon says it's pharmacy will accept insurance and payment through flexible spending in health savings accounts. It will adhere to hip a privacy rules around patient data. One of the biggest draws without insurance or prescription drug benefits for prime members. Paying cash amazon is offering huge discounts. Forty percent off on branded drugs and eighty percent off on generics two day shipping is free for prime members others get five days shipping for free but can pay a few bucks to speed it up. Two days. amazon will fulfil most medicines including birth control. But it won't sell schedule two drugs which include but perhaps the biggest innovation is something healthcare consumer have been wanting for a long time a step toward pricing transparency. The retail giant says consumers will be able to compare drug prices at checkout both with insurance. And without you know just like we can with. Tv's books and blue jeans. One caveat drug pricing is a black box and it will still be hard to tell where those prices are actually coming from. The three billion dollar american drug business is highly influenced by pharmacy benefit managers or p. b. m.'s. Middlemen who negotiate prices with manufacturers insurance companies and retailers to get its pharmacy online amazon must navigate these murky waters to as the wall street journal reported amazon's announcement sent ribald stock prices plunging. Cvs drop nine percent. Walgreens boots ten amazon is stalking pharmacies. Now the journals. Charlie grant reported and shareholders are rightly spooked shareholders. See amazon is a threat to these. Retailers dominance as well as to walmart where many patients fill prescriptions. Don't count out. Cbs in the others just yet. However two years ago as amazon was gobbling up hill pack both cvs and walgreens announced same day prescription delivery and in march when the pandemic hit they wave home delivery fees altogether. And here's the other thing is still fill their prescriptions in person. The journal reported. That's a habit that could be hard for amazon. To change the specially among seniors and cbs in particular has been building in more and more reasons for us to walk into their stores namely health clinics most. Cbs is now have clinics on site where you can go for covid tests among other things one can only do in person and yes you got it vaccines. According to see an cvs is gearing up to offer twenty five million covid nineteen vaccinations a month. The first tranche in december depending on fda approvals. We'll go to nursing. But the average person should be able to get the vaccine beginning next february or march. Cbs chief medical officer. Dr troy brennan told cnn. And if you're walking into a brick and mortar pharmacy you'll probably fill your other prescriptions there as well while you buy makeup paper towels and the cat food. You've run out of right. Vaccinations urgent care. Visits are something. The world's biggest digital shopping mall can't compete with at least not now in the future we'll amazon at pharmacies to its whole foods and amazon. Fresh brick and mortar stores. You know that. Cvs and walgreens watching for that additional threat to appear very very closely

Amazon Nbc News Charlie Grant Walgreens Hill Pack CBS Wall Street Journal United States Walmart Dr Troy Brennan The Journal
America’s Zombie Companies Have Racked Up $1.4 Trillion of Debt

CNBC's Fast Money

07:41 min | 2 months ago

America’s Zombie Companies Have Racked Up $1.4 Trillion of Debt

"Zombie apocalypse on wall street. Hundreds of big name companies wants american icons are now among the walking dead names like boeing carnival delta exxon macy's. They aren't making enough money to pay the interest. On the mountains of debt they feasted on during the pandemic. Nearly two hundred companies have joined the zombie ranked since march and their numbers are growing total debt obligations now nearly one point four trillion dollars. So is there any hope for the walking dead here guy. I mean what's interesting. Is that a lot of these names. They are names that we talk about trading on this show. So how should we start thinking about this before we get in the walking dead. I just want to point out. That's a great job by our crack. staff leading. With of course the cranberries zombie which is a bit of an obvious choice in the great delors. Oh reared who lost too soon. She was obviously the founder of the band wonderful vocalist. I might have gone a different direction. And maybe we could've played something like this for example. Melissa leo the crack staff is listening into the show. Why the zombies. No it's important to point out the folks at home. It's more important than actually trading our first topic in what is known as the block of the. It's not it's not more important. And i and we'll talk about the black and we'll talk about zombie companies because i think it's important and last night we mentioned macy's and you talked about one hundred dollars table. Then tim said might be the thousand dollar table. And i think collectively. We thought there was a real good chance that with test that nine fifty five level which was the june high and i think it got up to nine twenty five today on two or three times normal volume. Now's the time to be taking profits. A lotta shorts have been squeezed other companies that you mentioned delta for example. I think that's a completely different ballgame. But what i will say. This counterintuitive is. This may seem if the economy starts to get better. You would think this is good for these companies but that means interest rates economic higher. And that's going to cripple some of these companies. We talked about it last night. And i'm sure one of our guests coming out. We'll talk about that again. Tim how do you start thinking about macy's and that debt that they apparently can't service. I mean when i think about dombi i think about that thriller video and i know guys got that red leather jacket with all the zippers on it. So just just to be clear. I think when i think about those companies you just mentioned they're all they're all different in terms of their Potential to be proper zombies a great band by the way. But i think you know boeing not assam company You know it's not Boeing is a company that has the ability to raise debt. But more importantly yes. Boeing's business has been totally disrupted boeing. His burned through so much cast in the last year. And it will burn through some castro most of twenty-one but it will be free cash flow positive by twenty two in probably be neutral by the fourth quarter so calling them assam company. I think is absurd. Calling macy's zombie company is something that's at least a fair analysis although again macy's showed that free cash flow with something that they expect they're going to have in twenty twenty one two and a company that raised a lot of money To to at least be able to fight another day including having a three billion dollar asset back facility is something you don't do cartwheels over macy's position right now but the recovery there and i'm long so i've made this clear. I actually think there's more of a recovery story even though i don't think macy's gets better overnight. Delta relative to other airlines is not even close to his ambi- story dealt is actually going to start to make money towards the fourth quarter of next year and we're not talking about a normalized business. We're talking about a business where odyssey international comes under a lot of pressure. So i also just think that the fed and the role that the fed is playing here and the role that the fed will play just through talking About the bazooka in their pocket means a lot of these debt markets. Don't have a whole lot of an impact in the next six months To what people think they're gonna do. I really don't expect it so it doesn't matter that these companies zombie companies it doesn't matter that delta added twenty four billion dollars in debt since the pandemic started by baldwin. At what point do we start getting worried about that. Debt load and these companies guy made the point that if the economy gets better you would think that that'd be better for these companies that can make more money they can etc said sell more whatever they make but then interest rates go higher. So how do you weigh that. Yeah those are all interesting. Factors that keep into To keep in the front of your mind. And tim did a good job of laying out the differences of these companies. But speaking to your question right the commonality of all these of these companies that they have as you have looted to have added significant portions of the balance sheet this year and they're burning through cash at a rate and their revenues are down at rates that we just haven't seen we're talking about you know seven and a half billion dollars of cash burn and eighteen billion dollars of casper burn boeing's example seven and a half carnivals example. So you have this push pushing pull situation. What i will say is that you've seen across the board. All these companies put one thing. I right and that is runway. And so they've taken on this debts that they have enough cash to get them to their next stop in order for them to continue to be able to operate what we've seen is them trying to achieve operating leverage by reducing staff count. And that is what. I think the topic that we're kind of trying to speak to. Here's when you start slashing human capital when you stop investing in capital expenditures when you stop innovating that is what leads you to being somewhat of a dead zombie company even after you've getting on the other side of this debt service coverage ratio also something to keep in mind. You can't meet your interest. Can't meet your debt service coverage ratio. You got serious problems dan. Yeah i think bond would makes a great point there and just look at our auto industry over the last ten years and obviously gm came out of bankruptcy ten years and wiped out a lot of that debt but they had a huge government interests that was really carried along and probably hurt them a lot of different ways as far as innovation and the way the bhawan just described it. It's clearly hurt for a lot of ways and look at the auto companies are doing really well right now so i think that's a great point. The other point on this make about this is that this is the world that we live in. It's the world that a lot of parts of our planet have been looking at japan over the last thirty years or whatever and then we are going to be saddled with debt whether it's consumers whether it's sovereign balance-sheets whatever the heck it is corporates. That's just the way it is. And that's why interest rates are really never gonna meaningfully. Go up again. Because we can't service all the debt and just make one other point if you think about twenty twenty and what's happened here. Obviously the fed has done their job. They hit this crisis early to make sure that we did not have large-scale bankruptcies right of some major corporations which would really snowball the unemployment situation here but let me just tell you this here. We are now four months out from expanded unemployment benefits. Were heading into the holiday season. We're in a very rocky transition and a lame duck. Congress and there is no more fiscal stimulus for small businesses and consumers. That need it really bad. So the fact that we have a trillion dollars for a bunch of companies that were buying eighty five percent using their free cash flow to eighty five percent of their free cash flow to buy back their stock over the last five years. The airlines and we can't bail out restaurants so we can't bail out consumers that is really troubling to me. Yeah we're really tough spot right now in terms of that bridge to the other side waiting for that other side for the vaccines actually be distributed and as well as injected into the arms of americans

Macy Boeing Carnival Delta Exxon FED Melissa Leo Odyssey International TIM Castro Delta Baldwin
Acoma Hospital Cuts, Navajo Marijuana Crackdown, and Tribal Transportation Improvements

Native America Calling

03:59 min | 2 months ago

Acoma Hospital Cuts, Navajo Marijuana Crackdown, and Tribal Transportation Improvements

"This is national native news. I'm antonio gonzalez. The governor of the pueblo of aca in new mexico is concerned about the health and wellbeing of the people of alabama as a reduction of health services takes place amid the pandemic governor. Brian is reaching out to us. Lawmakers for legislative relief in funding after a hospital on academic lands no longer full-service able to offer emergency services or critical care congress and urgent and decisive. Requests were received uninterrupted Healthcare an emergency medical service food services at the canyon. Cto laguna service. Unit have moved to primary and urgent care due to inadequate staffing as a number of staff have decided to leave after being notified of a redesign of indian health. Service care for the area. The hospital located off interstate. Forty west of albuquerque has provided services since the nineteen seventy s to the public of aca and laguna and navajo community in july the tribes were notified of potential changes due to an agreement with the pueblo of laguna a majority shareholder in the hospital. At forty seven percent the navajo community moved its allocation for its own facility in two thousand sixteen in september laguna health corporation entered into an agreement with ihs to open a new facility. In february removing it shares from the facility the agreement started the process of the redesign including notifying employees and establishing a working group via says aca did not expect changes in service until early next year and is calling on the indian health service for immediate resolution option it could allocate funding from the one point three billion dollars from of that and we are five hundred million dollars specifically designated provider relief fund all of these funds intended to address the pandemic. And all that meant to deal with just the situation. We are faced with the indian health service director. Michael we ocoee says they're consulting with all three tribes involved we ocoee says. Ihs supports tribal self determination and self governance to assume health services for their own communities. And he says the ihs has committed to the retain services at aecom a- mitigating To the extent possible any negative consequences as a result and making. There's just a smooth transition. As possible is the goal and we are looking at every available resource whether that's coronavirus funding Any other emergency funds. That may be available to after your. We're looking at all resources available to the agency can make. There's just a smooth transition possible. Make sure that nobody else for the galileo estimates the funding needs the aca. Hospital is around five to six million dollars. He says alabama has received support from state leaders lawmakers and some members of congress a multi-agency operation took place on navajo lands last week in an effort to put an end to marijuana operations. In the shiprock new mexico area federal state local and tribal officers led the raid on twenty one farms and two residences where marijuana was housed in more than one thousand grow houses about two hundred and sixty thousand plants were radically agents also found nineteen trash bags filled with processed marijuana in baggies about one thousand pounds the navajo nation is on board to crack down on what it says is illegal hemp and marijuana operations in the area more than seven million. Federal transit dollars have been awarded to twenty-five tribal governments for improvement projects on tribal lands. The us department of transportation announced tuesday the projects range from storage to maintenance facilities to helping tribes of an appointment to improve transportation services. The funding supports projects operating costs planning activities. I'm antonio gonzalez.

Antonio Gonzalez Pueblo Of Aca Pueblo Of Laguna Laguna Health Corporation IHS New Mexico Alabama Congress Albuquerque Brian Aecom Galileo Michael Us Department Of Transportatio
Catastrophe in Yemen as U.N. warns of famine

THE NEWS with Anthony Davis

01:45 min | 2 months ago

Catastrophe in Yemen as U.N. warns of famine

"Millions of men women and children in war-torn yemen a facing famine again top united nations officials warned yesterday as they appealed for more money to prevent it again. We are on a countdown right now to a catastrophe. Un food chief. David beasley told the un security council. We've been here before. We did almost the same dog and pony show. We sounded the alarm then. The united nations describes yemen is the world's largest humanitarian crisis with eighty of the people in need of help if we chose to look away. There's no doubt in my mind. Yemen will be plunged into a devastating famine within a few short months beasley told the fifteen member council a saudi arabia lead military coalition intervened in yemen in two thousand fifteen backing government forces fighting the iran. Allied houthi group u. n. officials are trying to revive peace talks to end. The war is the country. Suffering is also worsened by an economic and currency collapse and the covid nineteen pandemic in late twenty seventeen. Unh chief mark. Lowcock warned that yemen was then facing the largest famine. The world has seen for many decades with millions of victims. We prevented famine two years ago. Lowcock told the security council more money for the aid. Operation is the quickest and most efficient way to support famine prevention efforts. Right now he said the world body had received less than half of what it needed about one point five billion dollars this year for its humanitarian operations in yemen. Last year it received three billion dollars.

Yemen UN David Beasley Lowcock Security Council Allied Houthi Group Beasley Saudi Arabia Iran
Johnny Depp exits "Fantastic Beasts" franchise

Pop Culture Cosmos

03:02 min | 2 months ago

Johnny Depp exits "Fantastic Beasts" franchise

"Depp. It the road johnny. And don't you come back no more warner and saying because he's out as his character for fantastic beasts three fantastic beat three was also very quietly. Shock upon all shockers moved to twenty twenty two at the same time they announced warner brothers and johnny. Depp have parted ways. So i want to hear your thoughts on johnny depp. No longer being part of the fantastic beasts series. You know. it's it's interesting because like we. A lot of people predicted this was going to happen. I wonder if warner brothers is kinda waiting to see where that's slander lawsuit wince. Before they really like made a move with that. But i'm curious of like all with all the controversy that has been surrounding members of that franchise. I wonder like the whole johnny depp. Scenario was supposed to be like them going. Hey look we're doing something about this and not to not to defend johnny depp. In any way. I don't really i. I didn't think he was at great of colonel. I don't really even. I'm not a huge johnny depp. Fan like i like the jack sparrow's we talked about in parsa carribean. But i've never really been a fan of anything else. He's been in not that i don't respect the work he's done but you know so. There's just a huge deal for me. But i'm curious like with all the other things that happened. You know with a lot of those actors. Like why was johnny depp. Like prioritized out of all the other bad things that have happened there. Do you have any thoughts on that. Well the fantastic be serious remember. The sequel underperformed at the box office. And they wanna make six of these or five. I think five live so the three more to make. And i at this point like they can't just say hey. We're not going to finish this because there's already so much money invested in this property. So they're kinda like stuck. They have to finish whether or not people watch him. I was equating this the other day. I was talking to my daughter and equating this to the hobbit series the hobbit series. Nobody seem to really care about or nobody really seemed to want it going back on the screen you know when it came out neighbors a little bit of interest as far as lord of the rings coming back and then after one after the other de other people really didn't seem to saying. Oh okay it's something to see on the screen. And in fact i believe i'm just off the top of my head of the numbers. I think that the hobbit series either just about equaled or gained more over its trilogy than the lord of the rings trilogy. Because i think they both had around. Riding around three billion dollars both trilogy so and ended up being a success for the hobbit. But do you really remember the hobbit movies. I don't and i know the people as well. And i think the same thing is going in the direction for fantastic apiece were after the series of five movies are going to be done to say. I didn't really care. Yeah i mean in. That's not to say though that they're not going to make you know some amount of money that's going to make it worth making another one because i'm sure it will eat fantastic beasts to underperformed. It's still obviously made enough to justify moving

Johnny Depp Warner Brothers Johnny Depp Warner Jack Sparrow
Midnight Moment - The NFL - burst 1

The Midnight Patriots

57:00 min | 4 months ago

Midnight Moment - The NFL - burst 1

"Patriots Pau Spartan here from the Midnight Patriots. So, one of the. Feel about anchored now. When we started this insanity, we always tell people. The reason we do this is because insomnia sucks almost as bad as tyranny. We would have these conversations between ourselves the group chats. Throws and things like that. We thought, hey man, you know we should just record a podcast, but the more we looked the more expensive became. Get Cross anger. Anger gives you all the tools you need to do this to make your voice heard and get your voice out there. You have an opinion you gotta use anchor everything from recording to editing to distribution that you'd be all the tools that you need. To allow you to record your podcast right for your phone or your computer. Anchor covers distribution by getting on Apple. spotify and many many others. I mean how you can make money right from your own podcast with no minimum listenership. It's everything you need in one spot in one place simple at effect. So get yourself anchor make voice her. Midnight Patriot, nation welcome to NFL. Mid Nitrates it is you boy spartan here with the the ever ever pot and flaming premix A good to have you as D to ultra. Sports nerds. In specifically football cards. On the end on the. Patriot staff. Phoenix tonight decided that we were actually GonNa do kind of a deep dive into what is pissing us off most about NFL and. Most pro sports in general to be quite honest. But we're GONNA focus on the NFL in this particular case because. Both Phoenix, myself have. A long history of both fandom and and. Playing Sports, we have a unique appreciation of what it takes. More it doesn't and how it is devolved into the into this shit show that it is. Just, we're just GONNA go from there. So Phoenix you had you had some thoughts that you wanted to start with go ahead. Well specifically. I I have a major gripe with the NFL in general. Being more politicized. And the. Let's End Racism. Okay, I get my left. Black lives matter. No sorry. They do and I agree with the message just not the manor which is being delivered. We've said that before on the organization go ahead. Exactly. All of a sudden you know we have a organization. That's Through much. Yup You can't do this. You know we have this. AFOREMENTIONED SCAMMED EMMA GOING ON. You can't do this. You can't do this. Well Yeah you can't. Okay. And then we have the social unrest of the nation being thrown into. A sporting. Venues. that. For All intents purposes let's call it. What is it's an escape. It allows us the viewer. Fan. That three four hours. Sunday evening Monday night whatever that. It gives us that escape from eager live love get up go to work and deal with people you come home you deal with cranky wife and kids don't listen dog that Shit's in your shoes. You've taken that away. And now have made it. Well we got to get on board with this. Well, we're relevant to. We're a large. Organization we goner? A multitude of platforms. That we have viewership. There any given? Day that we have competition So now we're going to. Paint messages in the end. We're going to have. Athletes will we're going to kneel to show solidarity. I got a huge problem with that and for our listeners I'm sure you have your own platforms as well. The American flag comes I stand for Gore country you back your country everything else second berry period. That's my thought on that. That's the way it is. Unfortunately when. The NFL NBA MLB hockey underwater basket weaving has become politicized in what we have to show solidarity with this. I have a question. Are you showing solidarity four? Message. Or are you As the NFL did let's put. The name of a known fell one on a helmet. Let's. Let's praise this guy because shot back when a an. Amplifier point in accused rapists. Is someone with a warning active warrants? For Rape Yes. So here in my eternal gripe with this, that will probably go down in flames just like the rest of them. Why are we? In fact. Standing behind. Someone. WHO BREAKS THE LAW? WHO does walk. Yes. They didn't listen. They got shot in the back whatever. House we say. Extenuating circumstances came to be that this ended up how that was. We have to stand behind this person as a form of. Instead of. Waiting, for all the facts that come out be proven beyond a shadow of a doubt. And then move forward from there. Well. That's the real question. Isn't it is is you know? All we've seen is what has been allowed to be released. Okay I mean look I think in his thing I agree with everything you just said save one thing. Okay. I don't think demand deserve to be shot seven times point blank in the back now. Having said that. He has an active warrant for his arrest, what he should not have done to prevent that whole situation was to surrender. Get handcuffed and be taken into to engage whatever process there is. Okay, you don't fight cops in the street if you do. You mess with the bull, you get the horns. Okay. He's admitted he was armed. He's admitted he was going for a different arm- armament. Okay. And what do we expect the COPS to die? I don't think so you know I'm. In the eyes of them, that's probably what they're saying. Well. Preserved by life fuck yours. Well exactly. The COP Exactly and and my my attitude would be y is either one wrong as far as you know, one one has a duty to behave professionally the other has a duty to follow the law. Or face the consequences you know it would have saved him from getting shot in the back if he had stopped if he turned around if he'd Toronto. Surrendered Okay Understand that I understand the Warren has has since been vacated, but that's beside the point. When a COP's his I warrant for your arrest I mean you're supposed to do is say what am I being arrested for? Okay I'll go peacefully ears might whereas my lawyer yeah. Instead, of no fuck you fight you tooth and nail, and if get away up the war still there, but you don't have me. Right. Exactly. Exactly and you know I got I got I got a I. got a interject because you know. My personal opinion is if you probably agree Is this. Cancer of case. started. It may have it may have had other sources. Okay. But its primary. Protagonist, in growth factor was Colin. Kaepernick a few years ago and I don't say that in a flattering manner. Okay. I've said it before the my opinion that Colin Kaepernick is the biggest fraud on the planet as pertains to the NFL. At least Ryan leaves when he signed what Leash Langley, when he signed, he knew he was shit approved the wish she had any faded off politely into the sunset because he saw a gay. young just tell the story as I. Recall it and you you you feel free to chime in when you. When when you when you if I'm off base okay. A lot of people don't remember this but you and I as King's football and many things in life have a have a memory quite a bit longer than than your average goldfish. Okay? I remember watching the first incidents of Cabernet court on code kneeling and he wasn't fucking Neil. He had just had an argument with his with with the head coach and I don't think it was Kelly. It may have been horrible. But he had the yard, the head, the argument with Joe it was horrible wasn't horrible yet. So out of you probably saw the clip to you can't find it now because it's Youtube everywhere else. He had he had A. Verbal altercation with Harbhajan and I can only assume in what we were told. You know later was that harbaugh. told him. No you're not starting a colon Cabernet got very unprofessional and like the diva quarterback that he is. Turn Turnhill stomped over to the bench slammed his helmet down in plop disaster down on the bench now by sheer and toll coincidence. Anthem had just started. The anthem it just started when that HAP-. ACI. I know you remember this is I think you and I talked about this at the time that it happened because we were mocking him because when I weren't weren't quarterbacks when we played the game and we know what divas they are even princesses, they are this. If you remember and I know you do espn headlines a couple of days. Later words were that Colin Kaepernick was going to be fine. Substantially for multiple instances of unprofessional conduct conduct deleterious to the team. Leading up to the altercation with harbaugh that happened where he plops his ass on the bench you remember that ideas that. Dakhla and it was it was post practice I. Believe I want a That later that week that a reporter asked him. About the state of the fines and Based on his lip based on. Let's just call it what it was temper Tantrum. Okay. And that's when Cabernet sold all this bullshit about he was doing it in protest etcetera etcetera and he played the race card, which we all know the press eats up hook line and sinker and never ever questioned. Ever On. Me It came across and partner Jackie No, you're good. The the instance of which we are discussing out my first thought on that was yes it's a temper tantrum and I'm about to be busted for having a temper tantrum. So allow me to make up some juicy. To Garner more attention to the fact that. This is happening to be Gimme Gimme. GimMe and I lost my starting spot. Well, that's the that's the point I'm making. He played the race card to avoid fight. For on professional conduct and he was he was outright given a past. I don't think he ever actually even actually got find something that was overlooked too is that is that nick is not a person of color is really not us he is a multi-racial okay and part of that find that he was going to get for unprofessional conduct was calling somebody else on the field the N. Word back can't say here because quite frankly it's feds even and number two I don't WanNa get show you monetize but that said that was part of that that was part of the fine to be levied. The fine was vacated. Okay. Because he was successful, you successfully played the race card and got out. Okay and this whole shift started this snowball at that point. as we as we all know you know he was he was basically the the the face man for chip. Kelly's offense that you know while short term short term effective was absolutely not sustainable. Okay. We all know that. And you combine that with the fact that the guy had. Just over just under a shooting just over sixty percent for completion rate. Even in that offense at his best day, he was a mediocre quarterback surrounded by a bunch of very talented people. Okay. So now it has become the fact that you know this whole narrative has has escalated by people that that know nothing about the actual game because. Football is simple. It's not easy, but it's simple. Is. The ultimate meritocracy. Okay talent hard work equals success. Okay there's a lot of guys. We can probably point him out on the field you and I. There's a lot of guys that that. That just simply outworked their competition to get where they are I'll give you. I'll give you one prime example and right now they call him the goat Tom. De. Tom. Brady was drafted was I can remember he was drafted. He was I. Don't think he was Mr irrelevant. But he was real close. He was the very bottom. Yes. Six he was very close to the very end of end of the draft in and he is he outworked is is competition. Now granted drew bledsoe. If people can remember back set for was not a very good quarterback anyways. He was only borderline better than Ryan Leaf and he went down Tom Brady took over in the rest as they say district but. No? One ever questioned, Tom? Brady's work ethic in those dynasty years in in in New England. Okay. Because he outworked he, he worked his ass off. Yes he was talented. Yes. He's physically gifted but that plus hardwork dedication to his craft turned into in the in the the hardware for the hand so to speak. and. anyways back to my point about Cabernet. All, these people talking about how Catherine doesn't have a job because he's bad for business or half rights, they're only half rice. Now I posted this to the page I know you read you probably it is I. Think I read this week we went to this is from ESPN DOT COM itself. Okay. ESPN DOT. com. The actual date this was published as March twentieth two, thousand seventeen. By their staff writer Kevin Seaford. and. I am just going to read it. I'm. GonNa. I'M GONNA. Try to read the whole thing. I'm trying Doug only try to read the parts that are relevant. But those those listening. If you go to our face, a bitch facebook dot com slash midnight patriots. You'll be able to find this article and we shared it the title of it is calling Kabir Knicks based problem performance. Politics. Day It starts off real simple. So Don't over think why Colin Kaepernick is still a free age simply put years have passed since he was ineffective quarterback he's twenty nine years old has succeeded in an unsustainable scheme as part of a well populated group of former starters who also remain available at as this week began now getting that was march twenty, twenty, seventeen. So they were in free agents. Okay. Let's. Let's move on here. It's blamed Colin Kaepernick's unemployment on his protest is to misread the way NFL teams make personnel decisions. that. I don't think there's any more true statement on Earth. Do you I? MEAN THAT'S Yeah. So it goes on protests where does say at any type of business that if you have lackluster performance, did you are guaranteed two hundred million dollar job? Number One and two I was GONNA say there have been divas troublemakers in the NFL before? Okay and Kim's and? Lewis Terrell on. You know. List goes on and on. And let's not forget the NFL is the lead cut an outright banned ray rice running back from the Ravens for domestic violence. Okay. Before he was convicted. Suspended A. Peterson for disciplining his child. Yeah for banking hit saw. Yeah. Okay for spanking his own child. Okay. So now they put criminals names on their helmet. so by but I digress I digress let's get back to the article. Just to just to go just to go. Teams are swayed I by players potential or lack thereof to help them win protest or not kapernick would be under contract. Now, if he had demonstrable if he had played demonstrably better in recent years. Let's look closer at where capper nick is as a quarterback and why that has left him sitting in a group that also includes fellow free agents, Jay Cutler Josh mccown Ryan Fitzpatrick and Robert Griffin the third. Again keep in mind. This is from shelvin teachings of this is three years ago. Okay. But. It goes on to some of the reason I liked this 'cause this is based on facts not just you know a bunch of race baiting bullshit. Kapernick grid NFL success came as part of the San Francisco Forty niners read Options Skiing Twenty, twelve to twenty four. In those three years, he rushed for Fifteen, hundred, seventy, eight yards which okay. I will give credit that impressive gudgeon impressive number. For. More than any other quarterback with the exception of Rush Russell Wilson Cam Newton so let's just call it what it is. He was third rushing quarterback against. It breath. Okay. I will not fall the net. His. Success. He threw more than twice as many touchdown passes interceptions helped him compile eighth best time quarterback rating in the NFL seventy point to over that period. But even then capper nick was one of the lease most. Least Accurate quarterbacks is sixty point one completion percentage ranked twenty third in the NFL and has percentage of off target throws judged on video by espn stats and information ranked eighteen. So. Based on just the stats alone he was a middle of the pack quarterback middle of the pack. Does that mean that he's better than half the other guys absolutely does that mean that that you know the drama he brings? Outweighs his skills is still setting the money in the monetary investment probably. Okay I agree or disagree just on that statement there. I would agree that yeah, he's a middle of the road quarterback. He had some skill. At. That position. That offense. You're right. Would it work somewhere else probably not but that's Changing teams, you learned their offensive scheme you learn what they do best blend yourself into that and you become part of the team not a one man show. that. I, mean you'd have to agree that most had coaches that have half a brain would go sixty, four, sixty point one completion percentage. even if you're even if you're going to do A. A bootleg offense even if you're going to do a boot offense. Play I can. Still going to have to be better than sixty point one. Periods I mean just entered discussion. Quarter, you're talking college level quarterback. Even if you're on a naked, do either one side, you're still depending on receivers tied ends backs to be open at some point that you can actually say, Hey, he's opened easel bewitched of the two weevils need a cheese her who exactly exactly union able to identify and hit those targets or at least give your guys in a position to succeed you know. I'd like to. Bring to Light I. Not Very long after capital started his quest masqueraded by some of justice whatever you WANNA call it only because he got in my mind and correct me if I'm wrong, he got busted out period. That's just the way it is you through Tantrum he got his ass busted will now I gotta cover with this to cover that with this, and then all of a sudden we have one big lie that snowball into the entire solstice thing that's going on currently. You're. Going to look they had to go. He ended up in Washington. In front of US rest. Explaining his side of everything that goes on great. Denver Broncos of whom I am a fan. I it. Does not get into that because. Pirate about that right. That's ultimate digression. Go ahead, John. elway. It had in fact offer Catholic before your contract. said. Hey. COMPLA-. Can come down because it wasn't enough money. Wait a minute. Let's look at your stats a sixty sixty point something or other completion percentage. Yes. You had fifteen hundred yards rushing, which as we've discussed is pretty phenomenal quarterback save. Russell. Cam. Newton. Maybe rg three hundred healthy. That's stretching it buttle throw it in there. Anyway. I. Really. Wanted to see if capital could be plugged into that offense and sell. Well, that's the that's the real trick. Isn't it? I mean? End and let's be clear. He turned it down because the salary was too low, not the money. Or maybe remember correctly, he turned it down because John elway wanted to load the one at the loaded up with incentives and say, okay, you exceed this mark you get ex you this you get what we go to the playoffs and when you get Z. Experience Cetera so wasn't of excellent. Yeah. But exactly to perform at your very best as cut your in the NFL, they don't take ship nothing while the that's when the NFL stands for not for lofts. That and let's be honest. It was not only. Did he had he had to meet performance criteria he had to me behavior criteria, EXAC? elway and the broncos weren't going to stand for this s J. W. S. J. W. Crap. That he's pulling. So let's go back to the article real quick. It'll it'll. It'll really start driving the point home. Okay. So I believe he started kneeling rating was two fifteen. So. Article Goes On. The issues that we were just talking about the increasing. Or decreasing completion percentage decreasing accuracy except sets. Those issues intensified in Twenty fifteen and twenty sixteen amid forty nine ers. Coaching turmoil in talent drain since the start of the twenty fifth season Kapernick ranks get this. Last in the NFL thirty five all five passers in off target percentage is off target twenty, two point six percent of the time which when she is the least accurate quarterback in the. League. As of the twenty. Fifteen. It goes on. Is Complete. Complete is completion percentage ranks number thirty, two at fifty, nine point one. He was still one of the NFL's most productive Shink quarterbacks, ranking number four total yardage over all those years but it didn't mitigate his passing deterioration and this is in my mind. This is the absolute most important line in the yard or ear and an adult. There is no more important attribute for quarterback accuracy especially for a free agent who is shopping himself teams with various schemes. In, the long term a quarterbacks running ability is considered a complimentary skill and one that is story. Fade with age or because of injuries, scrambling ability and arms drank are secondary to whether you can hit the target. That analysis backed up by numbers essentially wreck stay shit out of this current narrative will Cohen Governor never draw. Back. Dinners. Any beds no sorry. Have a fucking job because he sucks. Sex At what he does also, there's a theory going around the going around that it was right about twenty, nine, hundred he met his I don't know if she's still has girlfriend whatever evidently these ideas about radical justice one I'd ever definitely his girlfriend is, is some sort of radical s j w as well, and he was too stupid to either a lever to the side or be not listen door and just agree to disagree on stuff but then again. Go ahead exactly what it is. Power Pussy with exactly exactly and you quite frankly I can't fault them for that because you know that's ninety percent of marriages happen. We'll just we'll just leave at this point. Is that right there? That's You were saying regarding his ability to suck. But it started then I mean he the guy the guy got lazy. He got loud. Through the race card to cover his shit then he couldn't back up his mouth with performance. You know do you your ears? Rocco's fat okay. Let's talk about just a second. Let's talk about Shannon Sharpe just for ten seconds or for a few seconds. Okay. Shannon Sharpe. Is An arrogant prick agree or disagree now When I hang on, hang on that said. Shannon Sharpe liked to run his mouth about a lot of stuff at a lot of different times also true. Yes. Yes. Shannon Sharpe never failed toback his mouth up with his physical actions on field. Also. True. Unless I'm Clinton mistake, it have you seen the. I know he's A. He's a beast. His and by that, I, mean his physique and his skill level we're just unprecedented but you know I do I think running your mouth there's unprofessional Mind that you buy then back it up on the field nut so much. I mean. Go ahead. If I if I remember correctly now, remember this because there is significant events happened in my life sixteen nineteen. broncos are in the midst of the run to Super Bowl thirty two. Tonight game. In Kansas City in Kansas. City. I can remember. Watching a few days later because of recovering from surgery on. Shannon. Sharpe was literally being drug halfway across the field for most of the game by his helmet because he was talking some serious Shit Oh. Yeah. I. Remember Correctly Dr Thomas. If. If I get an incorrect Thomas Yeah. So. So pissed off the guy, he knocking, Kane insane composure in his professionalism in the game. You got what? I think. Say He lit it up. He was like Yeah. That's ten to twelve for. The Gargantuan One, twenty, one, twenty, six, and what two touchdowns. Yeah he was a month. So. All of a sudden sanders our. Love the Guy I've actually met him. Helvin individual. Love Tall. But he can copious amounts of Shit Oh. Yeah. Oh yeah that that man can back his mouth up. Oh Yeah. We have an and. He. End Let's let's break that down from an NFL perspective. So I'm a personnel manager. Okay and I have Shannon Sharpe as a free agent. His name comes across the wire I go holy Fuck Ball sharps available, and I already know that a he's allowed mouth be he likes to talk shit and sees extremely opinionated man but D-. The Guy Backs should have on the field I picked up the phone. I pick up the phone and say Hello Mr Shannon. Trump's lawyer her agent. This is me at the I would like to pay your your plant, a lot of money obscene amount of money to come help us when football game sets. Ended up with the. Exactly for whatever he was with the Ravens what three years. Say but he wanted them for four super bowl with their to. The argument that Colin Kaepernick doesn't have a job because Hashtag grace is complete an utter bullshit. Bullshit and the the fact that Roger Goodell has bought into this Shit Hook Line and sinker is even worse. Okay. You would think that that to be the commissioner of of a National League or National Professional Sports League that race in what eight to ten billion dollars. A year in gross revenue. You have. You'd have to have an IQ above your shoe size. Goodell even that these people that that they're they're professing to support. Social Justice. Wise. He realized that the vast majority of them do not watch the Games couldn't tell you five players in the league and doesn't even know couldn't name five teams lot I mean. She probably I mean. Look at some of the fan base. Did Not tell you the difference three, four, three defense. Yeah don't try to get him to describe the Tampa to. Exactly or various offensive formation. You're the simultaneous simultaneous possession roll which you and I can quote by heart understand completely. Exactly. Our guys we've got another segment coming up right after this brief break. Stay tuned. Midnight Patriot nations spartan with a shameless plug for our new gear shop shop. Dot. MIDNIGHT PATRIOTS DOT COM. T shirts, hats, hoodies, mugs, phone cases, and just about everything else in between we got you covered whether you're looking to embrace your insomnia, show your patriotism or make a liberals headaches blowed. Really, Shop Dot Midnight Patriots, Dot Com, and now back to the show. You know that's that said. I made a prediction in in midnight moment the last night moment and I want to run around wanted to run that by. Not. Only understand that the business portion of the of the game, but also the game itself. So this is going to the business portion now. One. Of the things that you and I both know is that owners very rarely. SAY WHAT THEY THINK Or say or reveal their plans in advance. Okay. I've noticed that the owners have remained. Suspiciously quiet. About the social justice campaign that's currently going on I do disagree with that. I mean like I said, I think Jerry Jones is really the only one that's actually made any sort of statement and it wasn't a very long. I ever Jones ever quiet. What that's that's my point. And say instead of instead of. Me thinks he protests too much. Me think she says nothing for more sinister Okay so I wanted to run this by this is my theory. Okay. Now we've confirmed the the the Monday night compal atrocity from last night. US. Or Susani from two nights ago that. We've confirmed that the viewership was down approximately twenty nine percent. Across the board in that double header. So if we take the two games Monday and the overall ratings of of being down for Sunday you're talking an average of of a twenty percent downer. It's one fifth of the audience of the television audience told the NFL the PISS off. Okay. Considering the the significant financial investment ESPN has for for the right. To. Monday night football. Let's just let's just call that loss unsustainable. Okay. So I am going to ask you to engage your owner brain for just a minute. Okay. So We're GONNA fast forward to the week after the Super Bowl's okay where things are notably notably quite Rosalie quiet. The coaching carousel began and things like that since. Day. Except that, there's going to be a rumor. Going to be a rumor. That the NFL that the owners are considering locking out the players because they want to renegotiate the contracts. And this will come as a surprise to dumb asses in the AT ESPN released. They're going to feign surprise. Okay. And we're going to start hearing things like while the coaches are not gonNa make anymore are putting hiring decisions are the owners are going to. Put a hiring decisions on pause for just We're going to review a few things and Blah Blah Blah. While then we're going to get to Russia's started free agency. And we'RE GONNA. Find out and it's probably going to be one of the one of the What's The guy's name? Remember his name. One of the reporters Schefter Adam schefter because he always breaks up he's. Probably. GonNa be schefter becomes. We have confirmed reports, the owners who are going to lock out the players affected nine am tomorrow or whatever. Okay. Now what's going to end up happening is this. The overall I would say, the overall revenue is going to decline somewhere in the area of twenty percent across the before the Lee across the. Across the season. Okay. Now again does just a prediction it might be higher. I hope it's higher until they stop dish this personally but. This is what's going to happen. You're going to get a massive ratings ratings cut. Even in the Super Bowl. Which means revenue is going to be down roughly thirty percents. Okay. What they're gonNA say is this is an unprecedented drop in revenue and the the losses are unsustainable. They're going to have to renegotiate the contracts. The players are GONNA have to take less money and this time the the ownership is going to be able to show concrete. The because of the drop in television revenue in Jersey sales and everything else. That they're going to have to renegotiate the contract. They're going to vote on removing Goodell as the commission. You're actually they're gonNA, they're gonNA end up forcing him out but the way it's GonNa play out this players are to get locked out. There's going to be a review of the deal of the of the current Labor Labor Agreement. The new agreement is GONNA. Have a significantly lower. Revenue Pool total that that the players are going to get. And they're going to have conduct they're going to have enhanced conduct policy which include the jewel stand for the national anthem. You will not hiding locker room for it. And you're going to we're going to not endorse anyone as far as any sort of political failure, your ideology on the field, and if you do not only will your contract be terminated but you'll be you'll be on the breadline by your suspended for a year. Now maybe the suspended for year won't come to pass but. Engage your own our brain for just a second and then look at the strike years that came up and you tell me how how how. Or how far I'll fight on that. Will. Allow me to. Dive into this plan I mean. Here we go. I am an owner of a NFL team. Meaning I have had to. Put Out. Let's use an arbitrary figure five hundred million dollars cash right upfront. Chooses five hundred. Half a billion. Cool. I'm. Glad. Yeah. Five hundred million dollars up front in order to gain my team have somewhere to play. The voted on passed and approved by the NFL. As either an expansion team whatever then. To, Cherry pick the other teams around here so I can build my team. In hopes that a I get a return on investment. That said if I'm going to dump five, hundred, million dollars out. A team equipment place play contracts that are stretched for X. number of years. This mice guaranteed this much at a signing bonus this much. Not. including the money paid to the team from the NFL for reaching a wildcard round, a divisional round championship round, and ultimately the Super Bowl. There are incentives paid to the teams by the NFL for attaining postseason plum. Yeah So that said with everything that goes on here. Currently we're martyring. Convicted felons we are. Using the NFL. As a soapbox. As an owner. would. Say? Okay. I can understand. The Point I understand where you're coming from I understand yes. Shit doesn't like this doesn't need to happen. It does there's nothing I can physically do about it personally except point out to you that you're not them. You are a multimillionaire more working your way to that point because of your talent, your skill and your ability play the game price. You as a athlete. well-fed well trained. Best shape, your ever loving life you have a house bigger than anything you've ever grew up in, you've got cars for days all these other things but. You need to remember that you are entertainer You're not a politician. So, that said. When to go into your point? After the Super Bowl. Until they actually have one right. That two weeks later, when everything's died down in the in the winter sprayed is over and losers or duck griping and the coaches players have made their way to their respective all. Wherever. That may be they're probably their private castles. Yes don't don't live in a castle guarded by you know dogs bigger than. Most people's. Cars. Were we will probably see as you said. Well you know revenue was down. Because of viewership is down across the board anywhere between currently twenty twenty, two percent to encroaching upon thirty percent. For Games you know TV, rights merchandise sales are going to be down. People are actively boycotting across those media and they're actually making their voice known by not watching. All of a sudden if we were to take thirty two current teams. And we look at. All the owners in this how much money they have? Now if we were to take thirty percent of total investment apart. As a conglomerate figure. We're talking a loss of probably and I would strong. Guess. Somewhere in the neighborhood of anywhere between two and two point, five, billion dollars while even go you want all you can go one better I think since the economy has basically picked up I mean you gotta remember the day to ten billion was during the Obama Konami which was one of the worst economies history. Okay. So that said you gotta figure that now it's probably going to be between ten and twelve. So if you have a twenty percent revenue law, if you have a almost thirty percent, you're talking about three billion dollars. That's a three billion dollar loss. So even if even if you spread that across thirty two teams, you're talking about what? Three hundred, million dollar loss per franchised. and. So and a lot of the smaller market. Good. So again, as an owner with Joan, arbitrary figure of five, hundred, million dollars starting I just lost seventy five percent of your or yeah of my revenue that I put into have an NFL team. Well, exactly. Well Number One and number two what anybody thinks that now? Okay. We all understand the cats at the revenue sharing For Those of us that are initiated, understand understand the the the reason for revenue. Okay. That's that's a given. Okay. Even still a thirty percent cut to that revenue devastates small-market teams devastate. Okay that's. Cleveland Cleveland Cambe that's Detroit. Well, I think Detroit is a bit bigger, but I catch meaning. into. Jacksonville. Flow? Buffalo Alright. That unders. Anyway. They're too big but no I hear you here's here's here's the thing the smaller market teams are going to move may if this continues maybe on the verge of bankruptcy and and if you really don't think that the NFL owners will lock out the players to avoid that. I just think everybody's so naive that they shouldn't even be a football fan you can. Football I in my opinion, these played the players and Adele are cutting the owners throats and I don't think the owners appreciate it number one and number two I. Think the owners are more in touch with their demographic their fan base style people want to believe i. don't say that they like their fan base because obviously as the executive class billionaires general ended the tend to hate working people or at least have a disdain for them. Okay. But the point being is that it's unsustainable model for them to go forward to continue this crap. Of K, it's it's absolutely ludicrous. So I think about beat that horse to death did you have anything to add on just on that? Final thought regarding that as an owner is a businessman I yeah exactly. Exactly. His businesses to? Yes he owns the team but as a business owner, you're always looking to. CRUISER BOTTLE BLONDE Increase but also you know they've got, they've got a commitment. You know what I mean I mean the bottom line is there are associated with raising revenue to pay Patrick mahomes half a billion dollars over the next. Seven years. Of. The point the point is this is that there are costs associated developing that revenue and win the players behavior or when when the when the the players union in the League encourages behavior that is deleterious to to that mission. Then what are the owners supposed to do? Gordon exactly. They locked the doors take resigning before we open this and then players you're GONNA WE'RE GONNA have to do a big restructure here. Sorry. You know this is this is not you? Not You know you're not this side of the world you guys are on the upper echelon. Of money you have succeeded in. On yourself up by your bootstrap for lack of terminology, you have made it playing a game that you love passion for three enforce your point duty not only are they a privileged class? Okay. Let I verified this I verify this last night. I made a statement that that. The NFL, the people on the NFL minimum as in rookies that that you know what we're undrafted free agents, right that are somehow made the squad, which is more powerful MAZAFA. A No experience. Rookie. Signed as a free agent this year in the League makes a minimum of six hundred, thousand dollars. Six hundred, ten, thousand dollars I then went to the Department of Labor's website guess what the average household income for Americans is as twenty twenty. Sixty, one, thousand, three, hundred. Yes. They working person would take ten eleven years to make. They're making six months show and this is not this is not an insult. I'm only going to use the label for for effect. Hacks in the NFL make ten times. The average working family does and they dare fucking lecture us about what our values should be faulk them. Big F what. Exactly. With a with capitalize all letters with with several exclamation points at the end. So that said I. Underlined and and I tell us is never. That's that said, I I wanNA give credit where it's due also understand that you know. What did I just go off on the NFL to you know to to to the end up with surprise we'll tell you why because You know even in the worst of situations, even even in the darkest night, there are rays of sunshine out gather are rays of light and I want to heap praise on two particular players, and these are the only two players. That I'm aware of have done this if any of you out there. Needed to midnight Patriot nation are aware of more please let us know. So we can give them their just desserts in their props. I want to give particular a credit to a hundred in the way of of the of the Pittsburgh steelers. Mr Villanueva is a former army ranger That said he made a big splash stirred shit storm by doing the right thing. I'm not going to get into the to the criminal that that the that the steelers. We're trying to honor Norma GonNa try to justify it didn't happen there but. Mr Vienna wave. Did something very classy He caped over the criminals name and he chose to honor sergeant first class all when cash. Now I believe I'm saying that correctly cut me some slack by brute if I if I. A brutalized his name that is not the intention. To say how I believe it's spelled. But sergeant first, class all, when. Cash. who was killed in Afghanistan? And I I, WANNA. I WANNA take. The chance to really You know he preys on on Mr Villain away for for going against the grain and for honoring in a true fallen hero on instead of instead of the criminal. So. Well on on that. The next one and probably the biggest honors of the latest give to the Jaguars tight tyler effort. I think I'm saying his name correctly also I don't think it's effort at the. But again, please forgive me if I've Jaguars fans if wrecked his name to. That being said that were I for also You know went against the grain he chose to honor the life of David Dorn David Dorn for those of you that that don't know was retired police officer. I believe it was Saint Louis. He. police chief Sir about that. He was retired police chief and he. was acting on behalf of a friend to go and check is Friends Pawn Shop. And he was gunned down he was killed Doing doing that by a felon in possession of firearm each shot this this legitimate euro From behind in the back of the head, which was incredibly cowardly act. ADORNS widow. was featured at the Republican National Convention. So those be the she told the heart wrenching story and As much as I am I gotTa tell you broaden orphee side, but he loved me misty. I was just her story about David's life was very touching and the impact on her family were simply crush. So I wanNA other drove I drove home the point. Your choice exact life exactly as what makes you? Exactly you know people people come from from bad situations and rise to great heights in as far as I know. This is the only country in the world that that can happen. Where you can make what you want of your own life. Okay. The biggest prison that we have in this country, the prison in our own minds. So A. Big Praise to do Mr Bean away and Mr for will done. I still have the continue my. My boycott because of my standards but you gentlemen have shown that there is a a ray of light in darkness. So Phoenix where you have anything to add or have we beat this to death. By by Pres for. There are people in the NFL that are serving of. Respect for me for one. Not because of their wallet or their house or their cars. But they chose stand for the national anthem. As. SOMEONE WHO Leaves in their country. Leaves in the American dream all though little hard to attain sometimes. The anthem regardless of anybody's political stance. The gentleman across the nation. And the NFL NBA MLB. I stand with you guys choose to stand in honour your country. That is. The way it is your will said. Anybody else wants that is your choice. I. Respect your choice I don't like it but I do respect it. But I stand with the gentleman who chooses stanton honor the country, the greatest country on this earth. Gives them every opportunity to excel in anything that they choose to? Like professional football or professional athletics exactly. I think it. I think it's worth mentioning here. I know we said we beat the source of, but I wanNA bring up another topic to. Weird Midnight Patriots all of us. May disagree with with what someone says, but we would fight to our desk to protect their their right to say those words. That being said I think one of the other things that the public is piss pot tired of is the privileged wealthy assholes. Being able to have different sets of rules at their workplace than we do. In the Corporate World in William and most smaller companies you do not have. You do not have freedom of speech. Okay. You will be shown the door if you bring up politics religion, etc etc. Okay. With social justice causes or otherwise. They can show you the door. Okay and I don't think I don't think it's Ok these. Use Their their platform on the field or in any way while a uniform to promote their agenda. Okay. Now, I think you and I would agree with this if the NFL Players Association wants to get together and host either a live event or televised event. when they are not playing and they're out of uniform. And they want to tackle these issues donate money to causes give away money whatever I think that would be a perfectly acceptable display. That's fine. Okay. But I think the reason they don't is they know that the cause is a loser. Okay. They're not willing to risk their own money you know to they're not willing to put their money with their mouths are in order to have their protests but but you know somehow everybody else should just shut up and and honor was they're trying to do and I think that that is excellent. You know policy at its finest end. America's PISS POT tired of turning channel I. think that's a big factor as well. As your thoughts unfortunately mean here to. Drive your point. I could see. Getting together having one big party fundraiser l. have running toe board. Hey, you know we're raising all this money great or even several. Yeah Go. But the reason but the reason they're doing it on television is because they can reach a mass audience all at once. But. They haven't had. They had the NFL network. If. The shows a winner, they could sell it to their to their allies in the media. WHO's to say ESPN would cover it. You know for God's sake ESPN has the SP one of the worst ward Joe's ever. Okay and if they want to go up to that into a social justice show fine. Go right ahead or create when like it again. Fine. Or if you know even Amazon or Netflix wants to pick up something about you know the S J W 'cause in the NFL an interview players follow players around their charitable work while they advance these causes grace go ahead I mean I think what they'll find his a there's no interest in be nobody cares they approach it that way that we far less backlash in their their incomes would be far safer than if they continue down this path. the ratings would actually come back to a more normal. That's where I'm talking about I. Mean there are only cutting their own throats by doing it the way they're doing it that that's all I have to say. So that's a wrap for this midnight. Mama we we went really long hopefully provided you get some insights, maybe some food for thought. Ob Spartan in Im with Phoenix, and we're just reminding you one last time in forever. The constitution is not just a suggestion sleep. Well, everybody. EARN. Thanks for joining us for another edition to midnight moment. Be sure to join us for the main podcast, every Monday night, and Thursday night for more midnight moments. If you like what you hear and what we do about subscribing, go to listen dot midnight patriots, Dot Com Click, support, and subscribe. Be sure to pick up some merchant, our gear store shop that midnight Patriots Dot Com. From the Mile High Command, CENTER ABLE TO PRESENT DOT COM studio. This is sport reminding you that the Constitution is not just a suggestion.

NFL Colin Kaepernick Shannon Sharpe Capper Nick Phoenix Pau Spartan Midnight Patriots Football Harbaugh Kaepernick Leash Langley Cabernet Court A. Verbal Turnhill Super Bowl TOM Kevin Seaford Kabir Knicks
"three billion dollar" Discussed on KOMO

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01:46 min | 9 months ago

"three billion dollar" Discussed on KOMO

"A three billion dollar reserve to help cushion this usually said no decision has been made the latest Washington corona virus count shows a total of eight hundred fifty seven deaths including four new deaths in king county two more in Pierce county and Walla Walla county's first reported coded nineteen death now let's check how much ram in Bellevue on northbound I. four oh five the right lane and shoulder are closed for construction work between north east forty fourth street and Lake Washington Boulevard until five AM also involve you the northbound I. four oh five on an off ramp at north east forty four street are closed until five o'clock in the morning a detour is in place and we have a high wind warning in place for the Tacoma narrows bridge until further notice I'm Jay Phillips co more twenty four seven traffic news traffic and weather updates weekday morning and be listening for more stories and interviews to help you make sense of it all calm all morning twenty eight minutes before the hour thanks for sticking with us on first lifecycle scandal here glad to have you with us so parts of the country are reopening the White House is dissolving the special coronavirus task force but the death toll is rising and new projection show much more death ahead trying to get a handle all that in a few minutes right now however CNBC's Jessica Ettinger gets a handle on midweek morning money good morning Michael stocks are coming off a fourth straight winning day the Dow was up a half percent of one hundred thirty three points Disney reported quarterly results after the close yesterday watch those shares today it.

king county Pierce county Walla Walla county Bellevue White House CNBC Jessica Ettinger Disney Washington Tacoma narrows bridge Jay Phillips Michael
"three billion dollar" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

03:35 min | 1 year ago

"three billion dollar" Discussed on WNYC 93.9 FM

"Three billion dollars that's how much the US government is collected in tariffs in the last year with president trump threatening new terrace on China that amount could go up Josh zoom grown of the Wall Street journal joins us to talk about that welcome to the program thanks so much for having me to begin what does that sixty three billion dollars represent right you can think of the new tariffs in the old tax the US had a lot of tears that have been in place for decades and those tears have brought in about thirty or thirty five billion dollars a year and these are the amounts that US employers have to pay on the goods that they're importing from all around the world then there's also about twenty seven billion dollars that have come in from the new tariffs imposed by the trump administration and so it's when you put together those all tasks and the new tasks that you get to a figure that's his biggest sixty three billion that's the total amount but how much of it is coming from the China terror specifically so a really interesting thing is that in June for the first time more than half of the tariff revenue that came into the U. S. was coming from those things imported from China and to be clear it's not that China is paying these tires right it's whoever is importing the good to feel like we have to clarify he time talk about this story that's exactly right this is goods that come from China but it's the US importer that technically is assessed them the president is sometimes a little vague sometimes kind of downright misleading when he talks about this but it actually is US importers better assess this bill when they bring things and at the border at the ports a doubling in tariff revenue where's that money going well it hasn't been much of a windfall in the main reason for that is that the trade war has taken such a big toll on US farmers that the administration has rolled out to separate rescue programs kind of for the farm economy these been programs where farmers receive big direct payments to make up for other lost sales for China and as it happens those programs have been about twenty eight billion dollars so you've got twenty seven billion dollars in in your tears money but you spent about twenty billion to help farmers out during this conflict and so if you think of it that way that the net effect has been actually very slightly negative I'm sure those farmers would rather just make those sales right the program hasn't been very popular with farmers they would much prefer to just have more successful markets that they can go to rather than have to kind of accept government hand outs president trump tweeted earlier this year that with more than a hundred billion coming in to the U. S. and terrorists the US would buy agricultural products from farmers ship them to poor and starving countries in the form of humanitarian assistance has that happened no they looked into a program along those lines but realized it was pretty in feasible you know there's problems of kind of dumping large amounts of crops on poor countries because you can ruin their own agriculture sectors so they decided to just do the more simple program where you provide the direct payments to farmers now the part that is right there is that the total amount being brought in by these could get to be a hundred billion dollars I mean at the current pace it was six billion in June that would work out to about seventy two billion a year if it continues and there's talk of adding even more terrorists on top of that so you really could get two hundred billion being that number but at the end of the day this is not turned into some kind of windfall for the U. S. no I mean even when you account for the extra revenue that's come in from the terrace the US is still been running trillion dollar deficits so you know at all this money that's coming in for taxes is going right out the door in the treasury still having to borrow a trillion dollars a year just to find that kind of scale of government operations some people have written to me and said does this mean we're going to pay down the debt unfortunately the answer is no not even close let's just assume room he's a national economics.

US president twenty seven billion dollars twenty eight billion dollars sixty three billion dollars thirty five billion dollars hundred billion dollars Three billion dollars trillion dollars trillion dollar
"three billion dollar" Discussed on WCBS Newsradio 880

WCBS Newsradio 880

02:44 min | 2 years ago

"three billion dollar" Discussed on WCBS Newsradio 880

"Be getting three billion dollars in incentives. But that's just part of the problem city council Jimmy van Bremer caused an anti labor and anti immigrant. He's hoping the company bags out. There are many many ways in which this is a victory. Now, we obviously have to continue to work to grow jobs and grow the economy. But do it in a way, we're we're not selling our souls, an Amazon spokesperson wouldn't directly address the deal, but says the company wants to show what kind of neighbor it will be in Long Island city. Peter, hence, gold WCBS NewsRadio. Eight eighty is. Now. A federal probe the government investigating claims of blackmail and extortion against the publisher of the National Enquirer accusing the company of threatening to run lewd photos of Amazon CEO Jeff Basil's at a mistress. Pesos says it's all politically motivated the publisher denies the allegations. Let's get details. From CBS news correspondent Errol Barnett in his online post. Jeff Bezos claims that David pecker, and am I have been investigated for their potential deals with Saudi Arabia that influenced that tabloid reporting? Now Basil's claims the Washington Post when it start started acknowledging those reports possibly struck a nerve because only after those stories ran that this alleged extortion attempt to begin CBS is Errol Barnett reporting. Police have now arrested the ex boyfriend of a pregnant woman in her fatal stabbing in queens. Last Sunday officials say thirty five year old Jennifer, I go Jen was five months pregnant when she was attacked inside her apartment building on Myrtle avenue in Ridgewood. She was pronounced dead at wycoff hospital her unborn child. Did not survive did not survive. Police arrested forty year old Anthony Hobson charging him with murder tampering and physical evidence and criminal possession of a weapon Arrigo and left behind an eight year old child as well has been placed with the child's grandmother. A turnaround from the double our after seeing the worst on time performance numbers in a decade. So few hall with the story commuters. You may have seen a difference in January. The LIW are had the best on time performance number in six years. Nearly ninety three percent of its trains were on time. President filling tells me he credits the hard work of the railroads employees. We've been able to start tackling standing issues of free clearing that have caused issues during high winds on a lot of work on the track. And then as well as being out there during inclement weather, when when we tell folks that they should be home outfox route, they're ready to respond, and what can commuters expect in the upcoming months from the L A double arm. I think. We're going to support critical infrastructure projects that are. The.

Jeff Basil extortion Jimmy van Bremer Amazon Errol Barnett CBS Jen Jeff Bezos publisher Anthony Hobson Long Island queens National Enquirer Saudi Arabia Washington Post Peter wycoff hospital CEO Arrigo David pecker
"three billion dollar" Discussed on The Tech Blog Writer Podcast - Inspired Tech Startup Stories

The Tech Blog Writer Podcast - Inspired Tech Startup Stories

03:47 min | 2 years ago

"three billion dollar" Discussed on The Tech Blog Writer Podcast - Inspired Tech Startup Stories

"On a daily basis and hold people accountable to it. But by doing that staying on mission weaker was withstand. I mean, people have no idea you can look at it now and talk about two point three billion dollar acquisition. And it looks like well that was easy. And he saw me you filled it you had a big exit. I faced death. I stunt on the Cliff's edge. Five six times that I was not sure we would exist. The next month. And so it was the culture. It was the dedication that allowed us to survive that and that's the story that we get to have it. We'll hear about success axes, but not the ten year overnight success to well. That's just their right? Everybody looked at that was so obvious. Of course, she went after identity theft protection. It was the number one consumer complaint America or you got consumers. Okay. Well, of course, no one knew that was a problem you had to what we would call evangelize and educate you that not only what's the real problem. But what's the solution? You should take steps dividing though. You've never heard of us. And of course, here in the states is a big deal. I had to ask you are you worried about identity theft. Well, you've never heard of me. But if you'll give me your name address credit card, number birthdate and social security number which course here in the states were you told never give out your social security number. I need all that to protect you. So if you'll just give that to me that was not an easy ask into to get millions and millions of people. The trust us took a billion dollars in marketing over those twelve years to build the Bryant. That's not an easy undertaking. So looks easy after you don't know about the times, we almost yourselves to death while the times, my competitor. We're trying to kill me. Not literally but figuratively in the business where we had legal fees in the tens of millions or startup company one year just to survive, but when you're focused, I call them, decisive points when your folks on those decisive points that is what we kind of pride ourselves in calling the great American story, right? This is the option to started from nothing checking in made over one hundred millionaires when we went public. I mean, it's something I'm extremely product tested. So as a traveled five thousand miles to attend the J Pekka, then I'm fascinated by violating the region is not home to three hundred tech companies real strong vibe over here is undergoing this huge hi-tech, Mike. So why is it that you love about Phoenix from a personal level and also from someone right at the heart of the tech industry. Yes. So I do think you really seen a cultural shift. So we really were known before Amazon a-, and we got all of our seas about, you know, cattle farming cotton. Copper you know, we were real estate. Investors would come here and buy real estate just from an investment standpoint. And so and some level tourism, right? Certainly, it's great weather. I won't make invite feel bad who has to listen to the fact that you had to come to this Ruutel. Brutal conditions to meet me. But we had all that. But we didn't have that same Nukus. We didn't have that identity as company like a Silicon Valley did, but it was those successes, and then we all kind of unified. So I know a lot of the people you'll be talking to this week. We are truly a community were proud of what we built we get together. And talk about what the horizon of technology looks like and how we can work together. What's needed? The universities have done a great job all them. You know Grand Canyon yields which university of Arizona. Arizona State University..

Arizona State University university of Arizona Grand Canyon America Amazon J Pekka Phoenix Ruutel Mike three billion dollar billion dollars twelve years one year ten year
"three billion dollar" Discussed on KQED Radio

KQED Radio

01:36 min | 2 years ago

"three billion dollar" Discussed on KQED Radio

"Point three billion dollars that we gave him last year for border security. No all that border security less than six percent of it has been spent they haven't even spent last year's money, and now they're demanding much much more this year. Lawmakers have ten days to reach a spending agreement to avoid a partial government shutdown just before the Christmas break stocks finished mixed on Wall Street after another see-saw session. The Dow lost more than fifty points. This is NPR from news. I'm Tiffany Cam high bay area. Members of the House Judiciary committee today took their turn questioning Google CEO. Here's cake, Peter Jon Shuler, south bay congresswoman Zoloft grin asked soon. Darpa Chhaya how Google plans to address community hangs over the impact on an already tight housing market. We have done white outreach and have committed to making sure that is affordable housing at varying affordable levels, East Bay congressman Eric swallow focused on protecting user data does the United States need a national privacy law. I'm off the opinion that they are better off at more fuller arching data protection framework for uses and I think that would be good to CHAI said, he favors aligning US data protection laws with rules already in place. In europe. I'm Peter Jon Shuler cake. You E news. Oakland city council is expected to vote tonight. On whether to require owners of certain apartment buildings to seismically retrofit their properties. K cuties khloe. Veldman has.

Peter Jon Shuler Google House Judiciary committee congresswoman Zoloft NPR Veldman Eric swallow Oakland city council congressman europe Darpa United States CEO three billion dollars six percent ten days
"three billion dollar" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:33 min | 2 years ago

"three billion dollar" Discussed on Bloomberg Radio New York

"Does this companies need to take on now to fund this, growth in, the future to fund that content It's very interesting. If you look in terms of the the cash burn on Netflix the the consensus cash is around three billion dollars All over three billion dollars for this year And it rapidly comes down but you're still looking company It doesn't almost. Forecast doesn't get cash flow posted until twenty twenty one I think it all goes down to the point four best subscriber growth is predicated on having, to get a consistent stream Of high to sort of all call shows Cash flow is probably good right but people expect History We got to leave. It we got to leave it. There what I would say it just need more the. Queen I mean Claire for he's just. Gotta get to work to. Ballot Jonah took that was really. Important your observation on the World Cup as. Well we'll do much more on this course through the. Day we'll monitor Netflixing Bloomberg technology that will look this carefully This morning John Farrow New York. I'm Tom Kean in London tomorrow back in New York It's so exciting this is Bloomberg Bloomberg markets. I'm Pimm FOX for Carol Massar we'll take a look at, the details of Federal Reserve chairman Jerome Powell testimony before the Senate on monetary policy today at, two eastern on Bloomberg..

Bloomberg Bloomberg Netflixing Bloomberg Bloomberg New York Pimm FOX Tom Kean Netflix Jonah John Farrow Federal Reserve Jerome Powell Senate Claire chairman Carol Massar London three billion dollars
"three billion dollar" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

01:42 min | 2 years ago

"three billion dollar" Discussed on KIRO Radio 97.3 FM

"Help save this company that's been accused of being a national security threat to the united states why isn't the white house proposal sufficient to meet your concerns so i talked to the president for over half an hour on friday night and i think i've gotten to the crux of the difference between his administration and myself and others on our view on this i think for the president he's viewing the issue as a company that broke sanctions and he wants to impose sanctions on them and penalties that are stronger than anyone has ever seen before three billion dollar fine says correct and if this was just a company that did something wrong and needed to be punished the president's right the differences i don't view this just as as e t e issue i view it in the broader context of china that that is an trying to overtake the united states they do it by deboning our our intellectual property they steal all of our stuff as i said and then there has to be consequences for that and the only thing china's going to respond to is consequential actions over a sustained period of time and putting a company like z t out of business is the kind of consequential action that russia will find that china will finally see that we are taking this stuff seriously and that's the difference of opinion i don't just view the issue through z t alone i view it in the broader context of what china's trying to overtake the united states by stealing and by cheating and they're not gonna stop until they know there are real consequences for doing it but what does that mean it sounds like this is a done deal can congress do anything to block the transplant well first of all one of the things i hope congress will do is not only put not even allow chinese telecom companies to operate in the united states it's not just the its way all of them depend on usa semiconductors none of these companies should be operating in this country none of them.

united states president china russia congress white house three billion dollar
"three billion dollar" Discussed on WGIR-AM

WGIR-AM

02:31 min | 2 years ago

"three billion dollar" Discussed on WGIR-AM

"Hey mark stein in for rush the deep state conspiracy against trump in the guise of robert mullah's russia investigation enters its second year we talked about moving the embassy us embassy to jerusalem trump is hilarious on that by the way visavis the cost of that move versus this ridiculous one point three billion dollar monstrosity they built in london all the things that catch people's air like i got like a bombardment of things non muslims i never knew that apparently about seventy percent of the audience of this show is a non muslims with saying 'i horses i mentioned these miniature horses that muslims like to use instead of seeing eye dogs because they regard dogs as impure they violate ritual purity the muslim say so so in dearborn i notice this a couple of years ago they they can the council on an american islamic relations has been encouraging muslims to take seeing eye horses on the bus with him and i got all these papers i'm not a muslim on i gotta say i wholeheartedly i saying the muslim davits i don't really care about this i don't i'm not interested this arose from a barricade allieds change it gets policy so you can't take your seeing eye mongoose on board the plane with you you can't take you seeing i porcupine on the plane with you that cutting down on the number of support animals because people have been abusing it to say when i get on the plane i nervous about flying so i have to have my support cobra with me you know they're not nine i am a novice i'm gonna fly to las vegas for some court appearance tomorrow i get nervous about flying i usually just take a bottle of scotch and a ukrainian hookup and a lot of people have different views on this and so they have they've they've they've take support animals and now american airlines is reducing the list you can't take your mongo's can't take your porcupine all the restaurant but i the my point was this that the minute you stop the internal contradiction means of the rainbow coalition i think of these stories they have a lotta these stories coming from.

robert mullah las vegas mark stein russia london dearborn three billion dollar seventy percent
"three billion dollar" Discussed on WJR 760

WJR 760

02:18 min | 2 years ago

"three billion dollar" Discussed on WJR 760

"A twenty three billion dollar deal to by their rival end ever which will make them absolutely the world's top fuel exporter they'll make them the top refinery company in america and i'm wondering what will this mean for findlay ohio toledo ohio and detroit michigan well paul all three are gonna be very important to the future of the company has been decided we will maintain the headquarters of the company infantry ohio of course you'll having the largest refiner now you know one of the largest if not the largest companies in the state of ohio located in suddenly is is gonna be very strong for the community we have a number of employees that you know live up i seventy five even have employees that live all the way in michigan that drive down to san louis so it's it's going to be important for you know all of the communities in and around finley something very important for the detroit airport that is the main hub that we fly boys in and out and you know what we now will be going to the west coast with refineries and la san francisco and of course washington el paso texas so what we won't be having a lot of travel so it's gonna mean you know additional business for everyone up and down i seventy five well as one analyst said this creates one coast to coast boarded aboard refining and marketing company that seems wellbalanced with a pretty broad footprint and stockholders stockholders do as soon as i saw that you were spending twenty three billion dollars out of the checkbook the stock went down a little bit the end ever stock endeavor stock went up and i suspect this can only meet good positive things in the long run for marathon so congratulations to you well thank you paul you're you're right always in an acquisition uh doc will take a bit of a bump on on the first few days but in all the meetings the fundamentals the financial side we've had a very very positive remarks from everyone we've met with heading to boston later this morning.

company infantry ohio michigan san louis san francisco paul america ohio toledo detroit finley washington el paso texas analyst boston twenty three billion dollars twenty three billion dollar
"three billion dollar" Discussed on KLBJ 590AM

KLBJ 590AM

01:40 min | 3 years ago

"three billion dollar" Discussed on KLBJ 590AM

"Uh the other day that we simply uh allow the sixty three billion dollar budget that the that we have and our education department allow the secretary to issue grants to schools not states but schools that may need the things you just talked about uh to uh to secure the schools and protect the teachers and students and the you know the part of education in my mind has not been a great job but through the years and educating their kids maybe we get them to start protecting our kids and a sixty three billion dollar a budget uh can do it go a long way in happening just you secure our school so we're getting a lot of support and schools would just have to merely identify what their knees were and do this bill the secretary could uh could write the check and and and get it paid for and secure schools breezy and i think we need to get on it immediately and every school every school district may have different needs i mean uh do the jazz envision a day were every school elementary middle and high school has metal detectors where you know nine eleven came and of course we'd be then we have merely secure airports and and you merely have to come around washington or banks or you know what i'm talking about their security everywhere uh and so each school may be different like you say it may be metal detectors it may be three or four uh folks uh trained uh uh on the ground whatever their particular needs are uh they could apply for uh for payment to the secretary of education uh her sixty three billion dollar budget and get this pay for and get it done quickly yeah i mean some of those needs could be uh you know he media to meet some schools i go i would imagine over the summer are going to be fortifying some campuses because parents are demanding at this time well they are and and and i i totally understand how the parents feel and how the.

secretary washington sixty three billion dollar
"three billion dollar" Discussed on KQED Radio

KQED Radio

02:08 min | 3 years ago

"three billion dollar" Discussed on KQED Radio

"Had pledged three billion dollars riches find for a small vulnerable nations should draw on as they try to adapt to climate change and trump has said that he won't put another sent into that find and the negotiating team is taking a hard line on it and so that's not been wellreceived as you can imagine by other negotiators and it seen as america reneged on its promises so in those negotiations the us has lost most of its credibility and it's being seen as obstructionist uh uh uh katie will come reaction has you will still gives from getting from every one of bonn ignored from what i'm hearing at the negotiators at the table people are being fairly gentle with them in general because these are career diplomats things light change this week because this is the week when the political people arrived high level ministers and the negotiating starts in earnest and depending on what the administration says in the full plenary the gloves may come off political would hit mahfoud's right exactly duty were reporting from the un climate summit in bonn here's another genome is taking place in germany but it's being led by the government of fiji island in the pacific they've got a lot at stake it could be wiped out by rising seas and more intense storms and its role in bonn is meant to convey a sense of urgency to the summit delegates we wanted to hear how ordinary fijians feel about the threat to their country and about their moment in the international spotlight so he sent reporter sonia nahran to the capital city of suva to hear some voices i'm marie in a level i'm from taveuni island this is really a big opportunity to showcase to the will the reality that we are experiencing right now in fiji being at the frontline of for climate change any increase to the temperature will be catastrophic for the pacific so it's very much a big moment for us my moves mullah malang i'm from the western side of the main island low fiji which is struggling with it's where the.

us katie bonn mahfoud fiji island rising seas sonia nahran suva taveuni island fiji climate change america germany reporter three billion dollars
"three billion dollar" Discussed on Q: The Podcast from CBC Radio

Q: The Podcast from CBC Radio

01:38 min | 3 years ago

"three billion dollar" Discussed on Q: The Podcast from CBC Radio

"Even though this is a gigantic seventy three billion dollar film um he's getting a legit scan your by every day every time i talk about it a costs more you wanted to put some of that flavor in there yeah and what we're we're we come from and the same here as well in arthurs it's more the yeah what we call a comedy of the monday which is really like here's the difference most of these studio films these these blockbusters the jokes that you here we have risen about a year before this i was shooting in a in a in a boardroom in a couple of dudes will patting each other on the back for come apple to quip i use the script as a suggestion so many tuneup to set and like how we make this funnier and how we drag the judge khan and keep it going and you know what if like make fun of how boring these moments hits films but these are typically things are happening superhero movies know this rotten in this why i'm surprised pleasantly surprised that we were able to do that but this is a very kind of it does a very new zealand british yo yo australian flavour to it humor was the jokes do go on and they go on to the point beyond win the funny and then we can even push them but failed until they become funny again i mean you had you had australians in this had chris hemsworth hick cate blanchett even had a karl urban both contractually will forced to use them to solve with that make it a bit easier well not ever funny but it makes it easy to put these jokes in knowing that they would all because they're israel and yeah i guess so i guess a um.

apple khan arthurs chris hemsworth cate blanchett karl israel seventy three billion dollar
"three billion dollar" Discussed on Q: The Podcast from CBC Radio

Q: The Podcast from CBC Radio

01:38 min | 3 years ago

"three billion dollar" Discussed on Q: The Podcast from CBC Radio

"Even though this is a gigantic seventy three billion dollar film um it's getting up early much it's getting yeah by every day every time i talk about at a cost more you wanted to put some of that flavor in there yet and what we're we're we come from and it's sign same as will in arthur's it's it's more the you know what we call a comedy of the monday which is really like here's the difference mostly studio films these these blockbusters the jokes that you here with rishon about a year before this i was shooting in a in a in a in a boardroom in a couple of dudes will patting each other on the back for come out with a quip i use the script as a suggestion so many tuneup to set and like how we make this funnier and how we drag the jug khan and keep it going and you know what we like make fun of how boring these moments hits films but these are typically things are happening superhero movies know this rotten and that's why i'm surprised that and plainly surprised that we we're able to do that but this is a very kind of it does a very new zealand british yo yo australian flavour to it humor was the jokes do go on and they go on to the point beyond win they funny and then we can even push them the failed until they become funny again i mean you had you had australians in this yet chris hemsworth hick cate blanchett even had a karl urban both contractually will forced to use them to solve with that make it a bit easier well not ever funny um but it it make it easy to put these jokes in knowing that they would young all because they're surround yeah i guess so i guess a um.

arthur chris hemsworth cate blanchett karl seventy three billion dollar
"three billion dollar" Discussed on News/Talk 710 KNUS

News/Talk 710 KNUS

03:10 min | 3 years ago

"three billion dollar" Discussed on News/Talk 710 KNUS

"Hundred three billion dollars in income taxes by contrast in 2014 these taxpayers paid seven hundred billion dollars in income taxes sixteen percent more than 2013 moreover their share of the income tax burden increase from fifty two percent of total income taxes paid in 2013 native refundable tax credits to fifty five percent in 20 fourteen in short high income tax payers earned twenty eight percent of total adjusted gross income in 2014 well paying fifty five percent of the entire income tax burden by contrast the remaining one hundred four thirty five million taxpayers command seventy two percent of the nation's income but paid a combined total of forty five percent of all income taxes so twenty eight percent of total adjusted gross income in 2014 was paid by high income tax payers there was earned by highincome taxpayers well they paid fifty five percent of the tax burden you hear the claim consistently of the left economic inequality is expanding and i understand that you see the data but so is the tax burden taxpayers earning above two hundred fifty thousand dollars paid fifty five percent of the entire income tax burden and they earned twenty eight percent of total adjusted gross income so to be honest when you are bearing that brunt of the tax burden i don't really have a problem with you getting a tax break in the end but the reality is that we're talking about a complex tax code where if you work to simplify get rid of the vast majority of the doctrines get rid of all sorts of loopholes and so forth and then reduced the rates from seven to three depending on where those brackets come out and your income level some of you may we see an increase in the amount of tax you pay some may see a reduction in it just comes out on the wash you pay about the same that's what comprehensive reform does its comprehensive it's across the board and the thing is that if necessary there's a reason why had happened in eighty six and fifty four and twenty two.

tax credits income tax fifty five percent twenty eight percent two hundred fifty thousand dol Hundred three billion dollars seven hundred billion dollars seventy two percent forty five percent fifty two percent sixteen percent
"three billion dollar" Discussed on KBNP AM 1410

KBNP AM 1410

02:00 min | 3 years ago

"three billion dollar" Discussed on KBNP AM 1410

"And if you don't like their comment you know who to call its gene steinberg at tech night all live well know who you're gonna call dr mack no yes yes this guy is dr mack said used by the way folks let me tell you we have a special version of the show that that we want you to listen to because it's commercial free and people talk about all those ads while we have a way to get rid of those things it's called tech night out plus go the plus p l u s dot tech night alcom and what happens there is all you have to do is subscribed for low subscription rate and give special version of the show that's it a cool we have bob dr maqlid vitus than were kinda keep it seen here we were talking about iowa's eleven and we're talking about the fact that gugel writes a cheque for three billion dollars to apple and the reason they do that has to get the default search spot on safari for ios and of course for safari for mac os and this is important because only a small number of people every changed the false on their computers or their gear me i'm with android behalf too because it's pretty messy you get from the store because you've got on a chunk wear on sam sung devices i'm ben serious here by knows this i know i am okay i know you are i just think it's funny well it's not funny if you have to put up with that nonsense okay i guess i wouldn't know uh i'm not an android person nor amaya windows user you know it would so i'm i'm firmly entrenched in the apple ecosystems he said the point being mayor who would say i'm i'm held prisoner in the apple ecosystems as the case may be while he writes books but then if he was using windows he'd right windows books you know it's your an author you're right you know what you get.

dr mack iowa gugel ios mac os windows bob dr maqlid vitus apple android three billion dollars
"three billion dollar" Discussed on News Talk KOKC 1520

News Talk KOKC 1520

01:49 min | 3 years ago

"three billion dollar" Discussed on News Talk KOKC 1520

"Governor worked very hard of lesser years to hold at education as harmless as close as possible in spite of billion one point three billion dollar holes they've worked really hard to hold education harmless teachers and principals are out there and they're not hearing that from their superintendents they're not hearing that it is just the fact that matters we had low revenues in the state and so even though we've held you as harmless as possible last several years years you still have to suffer the along with the rest of the citizens the state of oklahoma so it goes back to that messaging i mean they have bent over backwards often to the detriment of other core services like corrections and other things to hold education harmless and we're not getting that message out there and honestly the results for the education department are actually the area in what was what nothing's interesting we will not all the freshman on in and then having the dispatch lectures that we had and having a call now one in the doors were talking about the smokingcessation fair tax verse free course could end up saudi it is or the removing some of the tax exemption on motor vehicle noone was talk in their complaining about any of that these people now they were talking about fixing the budget education get something done catholic shuffled vna said of the coin talking talking about republican leadership in oklahoma and and what it means to have that control is that there is no quick fix for any of the things that you're talking about and so that's why messaging coming from leadership and from individual members of the legislature's can be critical moving forward is the you can't institute a plan for change in our education in system with that's teacher pay raise or or as part of a large compromise and suddenly expect that to change everything dramatically for your schoolchildren overnight and you wanna think discount because if we can't bring this up at session we have this fight was republicans of do we have wasting government way to get rid of.

oklahoma three billion dollar
"three billion dollar" Discussed on 77WABC Radio

77WABC Radio

01:31 min | 3 years ago

"three billion dollar" Discussed on 77WABC Radio

"To the fact that the president has said look we are now exiting the paris climate deal no surprise but some people thought he might go somewhere in the middle they weren't sure what is great lines cory that he said were there when he was in the rose garden and he made the announcement he said i love this line i was elected to represent the citizens of pittsburgh not paris this is exactly right and you know what you know is if he would have said we're going to stay in the mainstream media the liberal media would have said this is another way that the president flipflopped he can't believe him he has made a promising backed off on it he has you know no conviction but what the president date was very clear he stood up for the american people and the american worker what we thought in this paris deal which was such a bad deal for american what a three billion dollar green climate slushfund headed by the un of which is gonna put in three billion dollars a thirty percent of total revenue what we knew and the number of a very clear with that millions of jobs would only about six and a half million industrial sector jobs would be lost by twenty forty and the bottom line is this is a failure for america and what i said if we do not elect donald trump to be the prime minister of great britain no the chancellor of germany they can do whatever they want they should put their money up if that's what they think is important we elected donald trump to be the president of the united states of america tyga and to make sure that our people here up put first and foremost that's what he did yesterday he stood up for americans and high time that someone immigration i'm willing to do it hasn't done for eight years now before i let you go.

president cory pittsburgh mainstream media america donald trump prime minister chancellor united states paris britain germany three billion dollars three billion dollar thirty percent eight years