38 Burst results for "Two Billion Dollars"
A highlight from The Process is the Penalty with John Eastman and Rep. Andrew Clyde
"We're proud to announce our brand -new ACLJ Life and Liberty Drive. Our legal teams will be focusing on the issues that you, our ACLJ members, have told us matter the most to you. Life and religious liberty. We join the ACLJ in the fight to keep America free. Hey everybody, it's Hannah Charlie Kirk show. Andrew Clyde joins us to talk about trying to defund Jack Smith. And John Eastman, a victim, a target of the out -of -control regime, joins us to continue to discuss. As always, you can email me directly, freedom at charliekirk .com. Subscribe to our podcast by opening up your podcast application and type in charliekirkshow, that's charliekirkshow. As you get involved with Turning Point USA, it's the most important student movement in the country. So go to tpusa .com, that is tpusa .com. Buckle up everybody, here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House folks. I want to thank Charlie, he's an incredible guy, his spirit, his love of this country, he's done an amazing job. Building one of the most powerful youth organizations ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at andrewandtodd .com. Joining us now is Representative Andrew Clyde. Congressman, thank you for joining us. He tweeted out, the American people gets to decide who wins the White House, not the deep state. We must defund the left, sham prosecutions against Donald Trump. Republican lawmaker unveils push to block funding for Trump prosecutions, obviously, but this was met with opposition by 16 Republicans. Inexplicably, we will name their names shortly. Actually, we'll get to that. Congressman, thank you for joining us and tell us about it. Well, thank you, Charlie. It's great to be with you. Well, I think it's important that, as you said, the American people decide who our next president is going to be and not the deep state, not the weaponized government. And we are seeing time after time where the federal government is being used to prosecute a political candidate. That doesn't happen in America. That's kind of the conduct that you see in banana republics, where the sitting that those in power use their power to prosecute and try and throw in jail their political opponent. So these two amendments, so one would defund from the federal level any funds going to the prosecution of a presidential candidate between now and the November 24 elections, OK? And then the other amendment would do the same thing. It would deny federal funding to any state entity that does the same thing, that prosecutes a presidential candidate. It's very even handed, both Republican or Democrat. So what I'm trying to do is prevent the process from becoming the penalty here, because that's exactly what the left, the weaponized left is trying to do. Because you can't recover from the process. So how is this being met by and I was talking about actually when you tried to defund the FBI headquarters, we'll get that in a second. How is this being met by your more moderate Republican colleagues? Well, so far, for those that I have spoken to on the Appropriations Committee and in leadership, it's being met very positively. I think it's the right thing to do. There's still some work to be done. So I'm calling on all of my Republican colleagues to support these amendments. It's going to have to go into the Commerce Justice Science appropriation, which has not yet been marked up in our Appropriations Committee. I'm on that committee. And so I'll be offering both of those amendments and I expect that they will be approved and go into the base text of the bill. But then if we do a C .R. as well, you know, there's some qualifications for or any C .R. to go forward, in my opinion. Then it would have to be part of the C .R. as well. So I think it's very, very important that that all the Republicans get on board and support these amendments. So there was also a question about blocking the FBI's new headquarters. And is it true that 16 Republicans got in the way of that, Congressman, when you were attempting to do that? Tell us about it. Well, that was in the markup for the financial services and general government appropriation. And there is about six hundred and seventy million dollars that was set aside for the FBI's new building. It's about a little over half the amount that currently exists. The whole project is like four billion. It's going to be bigger than the Pentagon in size, which is absolutely ridiculous. The FBI does not need it by introducing an amendment to defund that six hundred and seventy million and to apply that to our national debt to pay off that portion of our national debt. And it did not pass in the in the appropriations process. We had 16 Republicans that voted against it. Now, I'll tell you that after that vote, there were some that came to me and said, hey, I think I made the wrong vote. And we're going to give them another opportunity when that actual appropriation comes to the House floor. I'm going to introduce the same amendment again. And I think there will be some change of heart, I believe, when it comes to their vote on that amendment on the House floor. So, yeah, there was a list of 16 Republicans that resisted it. Is that correct? And I want to that is correct. OK, so I want to name them. And if I have the wrong list, correct me. But it looks as if it's Steve Womack, David Valadeo, Mike Simpson, Hal Rogers, Daniel Newhouse, Julia Letow, David Joyce, Ashley Henson, Kay Granger, Scott Franklin, Jake Elsie, Mario Diaz -Balart, Juan Siscamani, Jerry Carl, Ken Calvert, Mark Amati and Robert Alderholt. What what possible reason could they give you for opposing that? Well, not a lot of them gave me a reason at all. But, you know, mind you, some of them came to me after the fact and said, hey, you know, I think I made the wrong choice. Why? Because they were hearing from their constituents. The FBI does not need a new building. I mean, they've got one point two billion dollars set aside, six hundred and seventy or so million in financial services, general government appropriation and another five hundred some million in the commerce justice science appropriation. So I think these folks will probably take a strong second look when the amendment comes onto the House floor for the FBI bill. And I believe that that there will be some change of votes. I really do. And I hope so, because that's the right thing to do. The FBI has been so weaponized as of in the last couple of years under this current administration. There is truly a two tiered system of justice here. We are seeing it time and time again when you have the treatment of Hunter Biden and then you have the treatment of President Trump. And all of those who support the conservative voices that are crying out. So I think we're going to see some different votes here. So let's now focus on September 30th. This looks to be the big day, right? So a previous Congress punted it to really, really neuter you guys. So this date has been on the calendar for quite some time. So you're inheriting a previous Congress's funding deadline, September 30th. What are you guys willing to do? Our position on this program, no short term funding bills, line in the sand. We need a fight. We gave you guys a majority for a reason. Where's your head at? What are the asks? Are you willing? How close to the line are you guys willing to get? Walk us through it. Well, I'll tell you, first off, you know, we've known the September 30th deadline has been here for a long time. And we promised as Republicans that we would bring 12 appropriation bills out of committee onto the House floor. And I expect us to do that. I expect us to keep our word. I'm on the Appropriations Committee. I'm certainly willing to be there from from today until the very end of September so that we can get all these, the rest of the appropriation bills across the finish line. Ten of them have come out of committee already. We've got two left to deal with in committee, both the Labor Health Human Services Education Appropriation and the Commerce Justice Science Appropriation. Those are the two we have left in committee. But we've got 10 that are available to go to the House floor. Actually, one already has the Milcon VA passed in July. So we've got nine that can go immediately to the House floor and get a vote. We need to be doing that to keep our word. Any short term continuing resolution, though, cannot be an unqualified or blind or what they call clean CR. Otherwise, we are simply promoting the policies of the policies and the spending levels of Nancy Pelosi. And that's wrong. I will never support that. And I'll tell you, a significant number of Republicans will not support that either. Well, that message needs to be heard loud and clear by the leadership. So just really quick, Congressman, and I just I'm hearing different things and I've always gotten along with Speaker McCarthy and I still do. But there's whispers that there might be a vote to vacate. Are you hearing that from other members? Well, I will tell you that a clean CR or an unqualified CR, it will risk our majority and therefore it will risk the speakership. I think what you're seeing is is the country gave us the majority to change the direction, change the course of Congress. We had the speakers fight in January, which I think fundamentally changed the way Congress operates. And I think that has to continue or we will truly jeopardize our majority and we will jeopardize Kevin McCarthy as speaker.
Fresh "Two Billion Dollars" from Morning News with Manda Factor and Gregg Hersholt
"And Sunday right now in Seattle we have cloudy skies rain and 57 degrees the midday news with Taylor van size on newsradio 1000 FM 97 your information station sponsored by fast water bill o 'neill is at the editor's desk today former president donald trump appeared in a new york courtroom earlier today abc's erin ketersky explains to michelle franson that mr trump is going to come face to face with a judge that is already has ruled that mr trump committed widespread fraud he had already seen the documentation about former president trump's statements of financial condition and decided that they were fraudulent that they inflated the value of his real estate portfolio and and therefore trump's net worth by than more two billion dollars and so trump is coming to attend the opening of a trial that's now going to determine what he'll have to pay in penalties for a fraud that's the judge's already decided has been committed this civil trial of course is far different from the criminal trials but what is the situation for trump and his eldest sons get us up to speed on what happened before there was a special counsel investigating january 6th and classified documents before there was a criminal case in georgia about the election there was even a criminal case in manhattan about hush money payments to stormy daniels there was a civil lawsuit by the attorney general of new york latisha james alleging persistent fraud business fraud on the part of trump his eldest sons and his namesake real estate firm the trump organization and that comes to trial before all the the criminal cases and and of course criminal a case could be more consequential but this one is already michelle proving consequential trump's to reputation and his wallet he had always mentioned the red line of going into his business dealings this is his livelihood the organization he created with his family what are the ramifications that we're looking at as the civil trial begins they're already starting because the judge's ruling deciding that that trump's statements of financial condition were fraudulent came with automatic penalties warning trump that he may have to lose his certificates that allow him to operate in new york and that threatens the trump tower where he rolled the golden escalator to announce his first for president uh... skyscraper on forty wall street a big compound in westchester county called seven springs north of the city that these are the the kinds of assets that the judge's ruling already may force him to sell the trial is going to determine what he has to pay in financial penalties for for the fraud and the attorney general has asked for two hundred fifty million dollars what exactly does the judges ruling mean inflating the values of properties for what purpose to obtain more terms on loans and insurance Trump's team says well the insurance companies didn't seem to be terribly bothered and and the banks made money on the loans because he didn't miss a payment so where's the harm and the attorney general says and the judge agrees that the harm is is with sort of the level playing field of business operations in the financial capital of the world. Trump clearly doesn't see it that way he's already planning to appeal what the judge has already what the trial will decide because to him effectively no harm no foul but the Attorney General the way the law works in New York doesn't have to prove that there was actual harm that the statements of financial condition were relied upon by the banks or the insurance companies when they were giving Trump the terms they just have to prove they were fraudulent and the judge has said they were. That's the with Michelle Franzen time for our stock charts calm money update here's Jim Chesco make it a third straight monthly improvement for US manufacturing the Institute for Supply Management's primary manufacturing index rose more than a full point to 49 in September matching a 10 -month high now the bad news any number
A highlight from BIG CRYPTO NEWS! PAYPAL STABLECOIN ON ETHEREUM, BILL HINMAN SEC INVESTIGATION & RIPPLE XRPL CARBON MARKETS
"Welcome back to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review. It supports the podcast and it doesn't cost you anything. This content is brought to you by Uphold, which makes crypto investing easy. I've been a user of Uphold since 2017, so I can certainly vouch for this platform. They have 10 plus million users, 250 plus cryptocurrencies, and they're available in 150 countries. You can also trade precious metals and equities on this platform. If you'd like to learn more about Uphold, please visit the link in the description. Well, folks, the big news of the day is, of course, PayPal launching their U .S. dollar stablecoin on the Ethereum blockchain. This is massive, massive news. PayPal is a giant company, a well -known brand existed before crypto, of course, and they are building on the Ethereum blockchain. So there are multiple impacts to the crypto industry and market here. One further validation that the technology solves real world problems. You have a big name like PayPal adopting it further gives credibility to the crypto industry and the asset class. It will help usher in more capital from institutional investors and obviously more retail will enter the market. So let me give you some details here. PayPal launches U .S. dollar stablecoin pay USD, which is, well, the ticker symbol is PYUSD is designed to contribute to the opportunity stablecoins offer for payments and is 100 % backed by U .S. dollar deposits, short term U .S. treasuries and similar cash equivalents. PayPal USD is redeemable one to one for U .S. dollars and is issued by Paxos Trust Company. Now, remember, Paxos was the one working with Binance to launch BUSD. In fact, I interviewed the co -founder and CEO of Paxos last year, Charles Cascarilla. You can definitely check out that interview. And Paxos is a regulated entity. Now all of a sudden, six months later, Paxos was green lighted to, of course, manage issue and manage the PayPal stablecoin. Funny how that works out, right, guys? So they said here, starting today and rolling out in the coming weeks, eligible U .S. PayPal customers who purchase PayPal USD will be able to, one, transfer a PayPal USD between PayPal and compatible external wallets, send person to person payments using PYUSD, fund purchases with PayPal USD by selecting it at checkout, convert any of PayPal supported cryptocurrencies to and from PayPal USD. So another on and off ramp. And remember, PayPal already offers the ability to buy and sell crypto via the PayPal app as well as the Venmo app. So this is huge, guys. Once again, further validation, massive adoption here, very bullish. And, you know, one of the things I was talking about today and I was tweeting about it, we're seeing some big news items coming out here that it's almost priming for a pump. Right. And Bitcoin has been moving sideways for a long time. Kind of boring. It needs some sort of catalyst to drive it either up or down. So there's no guarantee which way it's going to go. We'll have to wait and see. But this news is almost looking like a primer for a move upwards for Bitcoin to continue its retracement. Now, some are calling for new all time highs this year. I hope it happens, but I'm going to default to how Bitcoin has played out historically. So here's a quote from Dan Schulman, the president and CEO of PayPal. The shift towards digital currencies requires a stable instrument that is both digitally native and easily connected to a fiat currency like the U .S. dollar, said Dan Schulman, president and CEO of PayPal. Our commitment to responsible innovation and compliance and our track record delivering new experiences to our customers provides the foundation necessary to contribute to the growth of digital payments through PayPal USD. And it continues here, the article, which and this is really insightful. It says, building the bridge between Fiat and Web three for consumers, merchants and developers, PayPal USD will be available to consumers, merchants and developers to seamlessly connect fiat and digital currencies as the only stable coin supported within the PayPal network. PayPal USD leverages PayPal's decades long experience in payments at scale, combined with the speed cost programmability of block chain protocols as an ERC 20 issued token on the Ethereum block chain, PayPal used or PayPal USD will be available to an already large and growing community of external developers, wallets and Web three applications can be easily adopted by exchanges and will be deployed to power experiences within the PayPal ecosystem. Folks, big things are happening. I hope you recognize what is taking place here right before your eyes and what's on the horizon. What's going to take place here? Game theory, expect more players to come out with their versions of the stable coins or their stable coin, and I tweeted about it. I expect the stable coin wars to heat up, folks. And I tweeted about this in October of twenty twenty two. My predictions about what's going to happen this year and I said, expect stable coin wars to heat up next year. It wouldn't surprise me if the U .S. government was to select like Circles USDC for their digital dollar. And right now, Tether is the largest stable coin in the market. USDC is the second largest. But boy, expect P .Y. USD to jump up there because PayPal has millions of customers and they can easily get a lot of adoption overnight right in a very short period of time. And they have a trusted brand. People recognize it. They will want to use it. So huge, huge news. And one of the things I tweeted about is I'm curious if Elon Musk, he's going to create a stablecoin for X. Some people said he said he won't do that. But look, he could change his mind or he's going to use PayPal's stablecoin, given he was one of the founders of PayPal. That's where his pedigree is, right? Payments. And that's what he's trying to do with X. So this is has a lot of implications, guys, and very bullish for the market. Here's what Patrick McHenry, the House Financial Services chairman, one of the gentlemen who put out crypto regulations and much more. He said this announcement is a clear signal that stablecoins, if issued under a clear regulatory framework, hold promise as a pillar of our 21st century payments system. So big statements there, folks. Now, Chainlink God, many of you may follow this handle, did a great summary on why this is a big deal. So he said he did a whole thread. He said, why does PayPal launching a stablecoin P .Y. USD on Ethereum matters? First, P .Y. USD shows there's a clear demand from financial services companies to tokenize assets on blockchain. Tokenizing dollars is the most straightforward asset to tokenize and is directly relevant for payment processors like PayPal. PayPal has a majority share of online payment processing with 40 million plus transactions processed per day, over 400 million plus active users globally and 30 million plus merchant accounts. PayPal launching their stablecoin legitimizes crypto Web3 and stablecoins for normies and regulators. The fact that PayPal is issuing P .Y. USD on a public or the public Ethereum blockchain instead of a private PayPal chain shows the power of network effects. Folks, that is key. It goes back to what we've talked many times about and even I've shared thoughts from David Schwartz of Ripple. Wall gardens, you know, they're they're fine, but don't expect the public and people to use it, right, because it's just another centralized ledger. And we've seen JP Morgan try it with JPM coin. But who the hell is going to want to use it? It's a wall garden. So private blockchains will exist. That's fine. You can do your private blockchain, but that doesn't mean it's going to get mass adoption. And as Chainlink got highlighted here, network effects, Metcalfe's law, right, folks, the more adoption a network gets, the more participants, more builders, the stronger it becomes, the more valuable it becomes. So he said here, no doubt they will expand to other chains as well as other stablecoins have to obtain more market share. So we know USD and UST together, you know, they're on multiple blockchains. Expect P .Y. USD to do the same thing. He said the market cap of all stablecoins is over one hundred and twenty two billion dollars, peaking at one hundred and eighty billion a year ago. While amount circulating has downtrended during the bear market, it has held up much better than the price of most tokens or total value loss of most decentralized applications. The demand is sticky and P .Y. USD could be a major growth factor. Stablecoins are fundamentally a superior version of fiat, digitally native, programmable, low fees, fast settlement, zero borders, permissionless to transact in. Is this just the very beginning of PayPal stepping into Web3, which shares many of the same properties? Folks, I think so. I think they're going to do a lot more. So he continues here. But I want to just share some some of the thoughts. You know, this is a pretty long thread. So bullish news, bullish news for the market, whether you hold Ethereum or not. But I hold ETH. I've been holding ETH for a long time. I diversify. My number one holding is XRP. My number two is Bitcoin. My number three is Ethereum. And I stake ETH and I earn passive rewards. So great news here. Now, folks, speaking of Ethereum, we got some big news. We all know Bill Hinman and Jay Clayton did the backroom deal with Ethereum folks, Joe Lubin and Vitalik. Right. And Ethereum got the free pass. It was through the speech of Bill Hinman that Ethereum was said to not be a security. And that, of course, gave it an unfair advantage over the rest of the altcoins in the market. But we know this was an under the table backroom deal corruption. Right. I don't want to rehash all the details. You guys all know this. Well, Stuart Aldorati of Ripple, he's the chief legal officer. He tweeted out something very interesting today. And I couldn't believe it when I first read it. But he said, Crypto critic, ex SEC official John Reed Stark, who has blocked me, by the way, says there should be an investigation to Bill Hinman. This is a this is broader than Ripple. There could potentially be serious conflicts of interest by a government official. An investigation will either put it to rest or hold folks accountable. So even someone who is a critic of crypto, John Reed Stark, and he blocked me because I used to I share a lot of facts with him. He didn't like that. But even he can agree. Yeah, this does not look good. Yeah, of course. Anybody with a normal sense of logic and reasoning can see something is fishy here. And I think Jay Clayton should be investigated to these two corrupt government officials. Obviously, they're not at the SEC anymore. And it's funny, I often criticize both of them, especially Jay Clayton. He's the chairman. He rubber stamped everything. Then he filed a lawsuit against Ripple and ran out the SEC door the next day. Then he goes to work for a crypto company. These guys are scumbags. Right. They're supposed to have integrity. And serve the people. They're there, you know, working in government, using the taxpayer dollars. And yet they're doing all kinds of nonsense like this. But guys, I hope I hope Congress and some folks in the House Financial Services Committee take action and they, you know, go ahead and launch an investigation. I think we deserve that. And look, big shout out to John Deaton, who's been beating the drum on this for a long time and as well as the people at Empire Oversight, the nonprofit whistleblower organization, which did a lot of FOIA requests, sue the SEC to get the Hinman documents, emails and much more. And of course, we saw they were colluding with Joseph Lubin and Vitalik and much more. Right. So John Deaton did a full post on this. I'm not going to read through everything, but essentially saying, look, if crypto is going to stand back, Mifrides and Alex Mashinsky, we need to be held accountable. The cleanup includes the unelected bureaucrats who sold out. Well put, John. And look, people call John a scammer. They called him a liar. They call him a conspiracy theorist. But he was right all along. And the folks at Empire Oversight got a lot of the information, all the facts that we were looking for. And we know a lot of people who were attacking John were those trying to cover it up because they knew what happened. But the truth will come out. Everything done in darkness will be brought to light, folks. So I'm hoping Congress launches an investigation in order for us to get that. We have to keep using social media. We have to keep contacting a representative. So if you're not on Twitter, please get on Twitter. Follow me. Start retweeting John, myself, all these all these facts that we're putting out there to get the attention of Congress and to hold these folks accountable. Now, let's move ahead. Ripple and Rocky Mountain Institution are proud founding partners of Centragate Earth, a new open data platform that brings increased transparency, trust and integrity to carbon markets. Centragate powers the next evolution in carbon markets. So the TLDR here is there's a lot of tokenization on blockchains around carbon credits. And Ripple is working with different folks to get this done. And of course, the XRP ledger will be a solution for for these folks to do that. You know, they highlight that here in the article. Ripple, for example, they said Ripple and other industry players recognize that blockchain can be a catalytic tool for helping global carbon markets reach their full potential. As its core, blockchain enables more efficient transactions. Unlike proof of work blockchains, the open source blockchain technology that ripples that powers Ripple solutions, the XRP ledger is natively sustainable, requiring low amounts of energy and no cryptocurrency mining. The XRP ledger is the first major blockchain to achieve net zero status through the purchase of renewable energy for its remaining energy use. So pretty clear the goal here and with tokenization. So that's big unlocking new utility and use cases, folks. Now, we got news here of a new crypto fund about to launch. So CF Private Equity is building a blockchain fund. It appears to be the first fund dedicated specifically to blockchain investments for the business. So we're seeing all the TradFi hedge funds, investment firms, they're launching crypto funds. Of course they are. Right. We saw it with Paul Tudor Jones and Stan Druckenmiller and the list goes on and on and on. So the firm known as Common Fund Capital, prior to a rebrand at the beginning of this year, has hinted at its crypto interests since 2018. But CF Private Equity, according to an SEC filing from the beginning of August, is preparing to launch what appears to be the first fully digital asset private equity venture. The move is perhaps the most telling indicator yet of the firm's crypto ambitions. The vehicle's filing indicated an expected fund raise of one hundred million dollars. But it's possible the disclosed figure only pertains to the fund's first close. A spokesperson for the company declined to comment when reached. Folks, again, I know I ask this and I say this a lot. Do you see what's happening? Right. Watch what they do, not what they say. I see a lot of capital flowing in this market. I see building and adoption funds being launched, and that makes me very bullish. Now, let's end it with some news here. We started the podcast with some news about stable coins. Now we got some news around Huobi. So Huobi dismisses plunging stable coin reserves as FUD. Exchange spokesperson refuted claims that any team members have been detained by Chinese authorities. In my opinion, Huobi seems like a dying company. It's connected to Justin Sun, with Tron and much more. Look, I would stay away from Huobi, folks, and Justin Sun. I don't know what that dude is up to. I've just seen a lot of shady activity from him. So following speculation that Chinese officials detained some Huobi executives, the crypto exchanges stable coin reserves have dwindled as much as 34 percent in the past week. Local Chinese media reported that law enforcement detained at least three Huobi executives. Allegedly, some employees were sent an urgent notification advising them to depart the country at the earliest. Adam Cochrane, a partner of Sinem Hain Ventures, relayed information. He alleges came directly from a high ranking executive at Tron, stating that team members were facing a criminal probe tied to the activities associated with Huobi. So we'll see, folks. Things are not looking too good here. If you are a user of Huobi, I would highly recommend you be very careful here. You know, I would avoid this platform at all costs, guys. There's something happening here where there's smoke that expires, so please be careful. All right, folks, that's the news. Please be sure to check out my interview with Brock Pierce. He's a crypto OG and legend. Guys, we talk about everything. He's one of the co -founders of Tether. So, you know, he has great perspectives on the crypto market. Be sure to check out that interview as well. And let me know what you think about the PayPal news. I think this is very bullish for the crypto market. And we're going to see stablecoin wars heat up. We're going to see game theory play out other. Look, I wouldn't surprise me tomorrow if Amazon launch a stablecoin and they call it Primecoin, right? Because they already have Amazon Prime. Guys, the future is bright for this market. Ignore the FUD. Be prepared for the volatility that just comes with the market, but that swing, the swings that go very low also go very high, my friends, and it allows you to make money. But you got to be patient and you have to know when to enter the market and when to exit when there's blood on the streets and fair, you buy the dip dollar cross average when there's euphoria and everybody and your Uber driver and grandma are telling you about Bitcoin. That's the time to sell. We've we've seen this, right? If you've been here multiple times for multiple bull markets and bear markets, you know the deal. For those of you who are new, you got to put your emotions to the side. You got to spend time researching and educate yourself. That's super important. All right, folks, let me know what you think. Leave your thoughts and comments below. Hit the thumbs up button, hit the five star rating, and I'll talk to you all later.
Fresh update on "two billion dollars" discussed on The Dan Bongino Show
"Chicago's lakefront. Third by Indeed .com. As the leaves change, leave the hiring to Indeed. Their all -in -one hiring platform helps you attract, interview and hire candidates all from one place and Indeed's interview tool lets you schedule and conduct virtual interviews right from their website. Visit indeed .com slash credit. Five people were killed and 32 others wounded in shootings across the city over the weekend. One man was killed and three people were injured including a seven year old boy yesterday in the East Garfield Park neighborhood. It happened around 2 30 p .m. in the first block of South Whipple Street. A vehicle pulled up to a group in a vacant lot and started shooting. Police say a 33 year man old was shot in the head and later pronounced dead. Seven year old Aiden Carruthers suffered a minor graze wound and is in fair condition. His mother spoke with ABC 7. He is going to make an immaculate recovery. He's going to be here overnight for observation but other than that yes Aiden Carruthers will be up and moving like he was yesterday. No one is in custody. Donald Trump attending the opening day of a civil fraud trial in New York City today where he faces the judge who ruled that the former president inflated his net worth by more than two billion dollars by overvaluing his real estate portfolio. Former federal prosecutor Robert Mintz says the stakes are big for Trump. If he is barred from doing business in New York and he is required to sell off all of his New York real estate portfolio it could cost him hundreds of millions of dollars and severely damage not only the Trump brand but also the value of his business. Opening arguments in the case are underway. On Capitol Hill, half being presided over a bipartisan vote to keep the government funded through mid -November, House Speaker Kevin McCarthy now faces a challenge to his leadership from his right flank. Florida Congressman Matt Gaetz says he'll move to oust McCarthy. Matt Gaetz says he'll do it this week and while leadership would have 48 hours to schedule a vote a on motion to vacate the speakership it could happen as soon as today. Speaker McCarthy says bring it. confident He's he enjoys the support of nearly all of his Republican conference except for the rebel faction that might merely number in the single digits. The only way for Gaetz's effort to succeed is for Democrats to vote along with him. There's no telling yet what they'll do. ABC News national correspondent Stephen Portnoy reporting. Another speaker for the Bears yesterday. Thanks for coming. Fields over the middle. Intercepted. Picked off by and he goes to the ground. And the Broncos will escape with their first win of the year that highlight courtesy of CBS. The Bears blowing a 21 point lead to the Denver Broncos on route to a 31 to 28 loss at Soldier Field. have The Bears now lost 14 games in a row dating back to last season and are one of two teams in the NFL still without a victory this year. He has a quick turnaround. Now they face the Washington commanders this week on Thursday Night Football. And an estimated 1 .04 billion dollar Powerball jackpot is up for grabs tonight. The prize is the ninth largest jackpot after 32 consecutive drawings without a winner. The odds of winning won in 292 .2 million. That 1 .04 billion dollar jackpot is for a sole winner who takes an annuity paid annually over 30 years. Winners nearly always pick the cash option For tonight's drawing, that would be an estimated 478 .2 million dollars. Good luck. WLS News Time 1104. On
A highlight from FULL INTERVIEW - Curtis Sliwa, Founder & CEO of Guardian Angels
"I gotta bring my buddy Curtis Sliwa in here, I guarantee he's got plenty to say about this because I've known Curtis for a long time, of course, years, years of friendship, founder of the Guardian Angels, host on 77WABC in New York City. And Curtis, it's been a long time my friend, good to catch up with you. Before we talk about the lunacy of the two billion dollars being handed out to failed teacher applicants, give me your reaction to this breaking story that President Trump, he says, is about to get indicted and arrested for a third time. Is this going to continue to show him soaring in the polls? Or is this the thing that's going to maybe take him out? Oh, no doubt, Mike, it'll make him the male version of Joan of Arc. They're putting him at the stake, they're trying to burn him and trying to isolate him. But as you know, amongst Trumpers, it just empowers him all the more. And you say, why now? Why the pileup? It started with Alvin Bragg, who won't even arrest and prosecute criminals. It started with that bogus case, the payoff supposedly for dollars for prostitution. And then it's just gotten it's accelerated more and more and more. And we know what it's meant to do. It's meant to put Trump on the sideline. Now, I happen to be one that doesn't want to relive the election in 2020 with Biden or Trump. But if the people want Donald Trump and if they want Joe Biden round two, then this is what they should be given. That's right. The people get to decide. And that's what they're trying to change. They're trying to take it out of the hands of the voters. And it is disgusting. Listen, I'm with you. I'm with whoever the people pick. I'm going to be a Republican supporting broadcaster. But at the end of the day, what we're witnessing to Donald Trump is disgraceful. And think I Americans, you ought to see the angry texts and calls we're getting. You're going to get them, too. And it's infuriating. Equally stunning is the news from New York City. Now, you were a mayoral candidate. You'd have been, by the way, a splendid mayor. It's why I contributed to your campaign. I love who you are and what you represent. I've often told my friends there's about five life stories, books, movies that can be made about the life of Curtis Sliwa, the founder of the Guardian Angels. So you know New York like the back of your hand. Can you please walk us through the funny farm, the insane asylum of New York giving almost $2 billion, making millionaires out of hundreds of people who happen to be black or Hispanic and took the teacher's exam and failed? Please, please shed some light on this crazy story. Well, it's hard for the course and why people continue to exit New York State and New York City in unprecedented numbers. It's the insanity of our elected officials, Governor Kathy Hochum, I call her Hochum, and Eric Adams. I call him the swagger man with no plan, mayor of the illegal aliens who just keeps encouraging illegals to come in. And we, the taxpayers of New York City, have to fund it. So now being dropped on us simultaneously is a lawsuit that none of us were aware of that's been going on since 1994 for about 20 years. You had a series of black and Hispanics who had failed the test to become a teacher in the public school system of New York. It's civil service. It doesn't look at your color. It looks at what was the mark that you got on your test. And they failed. And now all of a sudden, so many years later, rather than continue to fight the good fight and say not a nickel dime a penny, Corporation Council under Eric Adams, swagger man with no plan, has decided, hey, let's just pay it out. And you're going to have $1 .8 billion to be paid out to approximately 5 ,200 black and Hispanics who took the test and failed to qualify to become a New York City teacher. Now you need to know at that time, Mike, there were other black and Hispanics who took the test and passed. And by now they're tenured and they're right about at the point of retiring and going to Florida and enjoying their very generous pension system that they get from the public school system of New York City. So how is it some blacks and Hispanics were able to pass it and others were not, but the ones who couldn't are going to end up making windfall money that you couldn't make in Powerball or Lotto? I mean, this one guy they interviewed is going to get over $2 million. And he was shocked. And of course, he's ecstatic. And he bragged to the New York Post reporter how he failed the test a lot. So I guess failing a lot, the more you fail the test, Curtis, the more you make.
Fresh update on "two billion dollars" discussed on Bloomberg Surveillance
"North has been ignoring it until now what percentage of migrants are as you stated their political asylum types well there's two there's two different kinds right there's sort of refugee and asylee and kind of different refugees are usually processed abroad wherever they're coming from and they come in as a refugee with some government assistance asylum seekers don't get that they come and say i want asylum on our territory so that's the problem is that shifts the have gone from refugees and trump limited both categories but now we've got people who can come to the territorial united states and then ask for asylum that's very different from refugees professors thank you for the clarity with brown wendy university shiller with our news in new york city here's michael bar tom lisa thank you very much donald trump is expected to attend the opening day of his civil fraud trial in new york city where he will face the judge who ruled the former president inflated his net worth by more than two billion dollars by over valuing his real estate portfolio trump is coming to attend the opening of a trial that's now going to determine what he'll have to pay in penalties for fraud that judge the has already decided has been committed the attorney general has asked for two hundred fifty million dollars trump former attorney michael cohen says this is the former president's worst nightmare once he loses the license within which to operate the good standing of the certificates of incorporation that make up what's called the trump corporation the all not only is the main company uh... now going into the receivership but there are hundreds of other subsidiary companies that additionally will ultimately go as part of the receivership cohen spoke on msnbc california governor gavin usa mass elected the person to replace the late diane feinstein in the senate it will be an advisor to both newsom and kamala harris democratic strategist the funds of butler nobel prize season is started with the first award in psychology or medicine secretary of the nobel assembly thomas perlman spoke in stockholm sweden the twenty twenty three nobel prize physiology or medicine jointly to kathleen carrico and drew wise man for their discoveries concerning nucleoside based modifications that enabled the development of effective mRNA vaccines against covid nineteen they will split a one million dollar prize live from the bloomberg in iraqi broker studios this is global global news twenty four hours a day powered by more than twenty seven hundred journalists analysts over a hundred twenty countries uh... michael bar this is bloomberg tom lisa michael bar think socially so that we got to talk the nobel prize but now's not the time we'll do it we'll do it later this bond market on a monday q four this morning and you see an anecdotes though it's like tesla's a little lighted and comes down x amount and support and all that but the equity market at least in the last twenty minutes is catching up with the bond market is what i see and it's been doing that all warning and it was doing that arguably all quarter and this is the issue have we fully priced in the idea of these yields sticking around or are people still assuming that they're just going to go down i just i'm looking at the numbers and in many as well and these are tangible yields a ten -year four point sixty percent six basis points out the real yield will get to the ten -year real yield moves this is blueberg radium look and now for my next trick i will combine the strength of heavy ultra strong trash with the joyfully clean well that turned out better than when i tried to split my assistant in half new hefty ultra strong trash bags with fabuloso scent so strong so joyful it must be magic when you get your news from bloomberg you don't just get the story you get the story behind the story how your evie's battery may not be as green as it seems why a decrease in global birth rates could countries send scrambling to increase immigration you get context and context changes how you change things because context changes everything go to bloomberg dot com to get context markets headlines and breaking news 24 hours a day at bloomberg bloomberg television and the bloomberg business act this is a bloomberg business flash and
"two billion dollars" Discussed on WTOP
"Settled over two billion dollars in debts earning an a -plus rating with the Better Business Bureau there's no need for bankruptcy or high interest consolidation loans call the accredited debt relief hotline now and learn why thousands are taking advantage of this program the credit card companies like to keep secret call 800 797 1616 800 797 1616 800 797 1616. It's Saturday July 1st glad you're with us here at WTOP traffic and weather on the eights and when it breaks good morning to Ken Berger with his early hour in the WTOP traffic center good morning to you Dean good morning everybody some minor delays your main town Baltimore Washington Parkway coming south of Hanover Road to the earlier accident scene near 100 the travel lands are open and there are no major delays either northbound 295 coming north of the district to Baltimore 95 wide open both ways between the two beltways however in Montgomery County if you're thinking about using 29 coming south of Ellicott City to the district be aware that both sides are shut down because of that earlier crash in this afternoon it's between New Hampshire Avenue and Southwood Avenue this accident resulted wires in in a the fallen roadway pole and and this is also causing difficulties on New Hampshire Avenue the northbound two left turn lanes at 29 block and then southbound 650 the right slow down lane is blocked because of this accident in Montgomery County northbound 270 all the travel lanes are now open the accident at Tuckerman Lane moved over to the far right shoulder in the local lanes only a very brief delay if any at all coming north of the 270 spur traffic running fine in Virginia both directions of 95 between Springfield and
Dissident Claims Chinese Communist Party Pays Vatican $2 Billion Annually For Church's Silence
"There is a a financial material motive for pope francis to promote mass immigration both in europe and in america in europe first of all. What is the vatican's largest source of income at the moment because the vatican's almost bankrupt it. Can i guess you guess Selling indulgences would would that. No no. no. It's nothing that wholesome charging money to see relatives. China communist china two billion dollars in bribes from communist china every year since the vatican made its alliance with china three years ago. Hang according to these. Listen i don't. I don't get that explain that i don't get what you're saying a whistle blower from communist china china reported and it was. It was on breitbart that the chinese communist party every year. Two billion dollars to the vatican. Now i maybe this is true. Maybe this is not but this is a chinese communist was a lower and it had it apparently was part of the secret deal that the pedophile cardinal mccarrick negotiated in china three years
US Nears Plan for Widescale Expulsions of Haitian Migrants
"The Biden administration is working on plans this weekend to send many of the thousands of Haitian immigrants who have gathered in a Texas border city back to their homeland it's a swift response to a huge influx of patients across the border from Mexico and our camping out around a bridge in del Rio and bathing in the river some there for as long as a week details of the plan to fly them back to Haiti were yet to be finalized but would likely involves several flights per day starting as early as Sunday according to officials who spoke to the Associated Press on condition of anonymity meanwhile Republican Texas governor Greg Abbott signed legislation Friday committing nearly two billion dollars to secure the state's borders these phones are needed because the bonds of ministrations open border policies have opened the floodgates I'm Julie Walker
With foreign funds frozen, Afghan aid groups stuck in limbo
"With the Afghan government severed from the international banking system aid groups both inside the country and abroad say they're struggling to get emergency relief basic services and funds to a population at risk of starvation among the groups struggling to function is a public health non profit the paid salaries on purchase food and fuel for hospitals the six hundred million dollars in funds which had been funneled through the Afghan health ministry that dried up overnight after the Taliban took over the capital done the countries have pledged to open the purse strings to the tune of one point two billion dollars in humanitarian aid but attempts by western governments and international finance institutions to deprive the Taliban controlled government the other funding sources until his intentions are clearer as Afghans most vulnerable citizens hurting I'm Charles Taylor that's not
Donors Pledge $1.2 Billion in Emergency Funds for Afghans
"The United Nations announced on Monday it's drummed up more than one point two billion dollars in emergency pledges for helping eleven million Afghans ahead up the first high level conference on Afghanistan since the Taliban took power a month ago western governments big traditional donors and others announced pledges the wood beyond the six hundred six million dollars that the U. N. was seeking to cover costs through the end of the year Afghans face an escalating humanitarian crisis in the homeland and millions more elsewhere in the region as the U. N. human rights chief Martin Griffiths voiced concerns about the Taliban's first steps in establishing power I'm Charles de Ledesma
Biden Orders Sweeping Vaccine or Testing Requirements for Millions of Workers
"President biden unveiled a plan to combat the delta variant of cova nineteen. That will require employers with one hundred more workers those in the medical field and federal workers to be vaccinated or undergo at least weekly kovic nineteen testing. The president is also ordering vaccination for executive branch employees as well as federal contractors with no test alternative. The new mandates will cover about one hundred million workers or two thirds of all workers in the united states. The plan calls for using the defense production act to accelerate the production of rapid at home tests for covert nineteen. The administration is procuring about two billion dollars worth in the rapid point of care and over the counter at home. Kobe tests all of the almost three hundred thousand educators who work in the federal head start program that provides early childhood education and other services will have to be vaccinated under the plan. The labor department's occupational safety and health administration plans to issue an emergency temporary standard implementing the new requirements for businesses which will cover about eighty million private sector workers businesses. That don't comply can face fines of up to fourteen thousand dollars per violation. The employers will also have to give workers paid time off to get vaccinated or to recover from any side effects of getting vaccinated. The country is now averaging more than one hundred and fifty thousand new cases a day with about fifteen hundred deaths reported daily. That's according to a new york times tracker biden's moves come with just over. Fifty percent of the overall. Us population fully vaccinated. That's according to the centers for disease control and prevention tracker. The president's plan would also double fines for those airline passengers who refused to wear a mask.
Manchin Backs as Little as $1 Trillion of Biden's $3.5 Trillion Plan
"It started off with a six trillion dollar price. Tag ben is lower to three point five trillion. Now there's reporting suggesting that. Senator joe manchin wants the total for the democrats reconciliation bill to drop as low as one to one point five trillion dollars though for what it's worth. Some people close to him say that his comfort zone is something closer to around two trillion. But here's the question. What exactly will the democrats top line number. Be the process of crafting. The bill will kick off in earnest today as the house ways and means committee. The education comedian labor committee began marking up their proposals and already there are tensions over the issues being voted on for example. We're told that the seven hundred sixty two billion dollars vision for education which includes more than four hundred fifty billion dollars for childcare at universal pre-k and hundreds of billions more for school infrastructure and free community. College won't likely make it to the white house intact. Likewise a battlefield limited resources is driving the fight over which healthcare proposals include pit into house against the senate and the white house. Now the dollar totally dictated by how much democrats can generate puts tax hikes and other revenue raisers. Which by the way is a huge area of contention itself. Democrats could find themselves with about one to two trillion dollars in revenue depending on how much they scaled back. The trump tax cuts. they'll also net a large chunk of change from the prescription drug overhaul though their sparring over details of that plan as well after the real fight will commence how to spend the money at feel like we're in like fight inception. There's a fight within a fight but then a fight anyway house speaker. Nancy pelosi acknowledged the coming battles over limited dollars. Where would you cut childcare. family medical. Leave universal pre-k both care right now. Most negotiations are taking place between house and senate leadership and the white house. But the real veto power lights with senator joe manchin and kirstin cinema so the more they communicate about what they will or won't accept the better. That's according to two senior democratic
OnlyFans Pulls a Tumblr
"Only fans announced late yesterday that it will be prohibiting users from posting any quote sexually explicit conduct unquote starting in october but will continue to allow nude photos and videos on the platform. So i guess that conduct word is key there now number one if the reaction on twitter is indicative of anything only fans is way more popular than i thought because everyone was freaking out about this last night number two. Remember when tumbler band porn. How did that work out for them. Number three. I didn't mention it this week but there were rumors floating around earlier this week. That only fans was struggling to find investors possibly due to hosting adult content a pitch deck that was circulating for only fans to attempt to raise money showed that the company was predicting five point. Nine billion dollars in gross merchandise value in twenty twenty one and one point two billion dollars in net revenue so they were looking for some financing that would value them above a billion dollars in aid of probably going public sometime in the near future. Quoting axios the rain group. A merchant bank focused on tech and telecom. This past spring began helping only fans to solicit investors several deep-pocketed firms quickly past not even engaging in serious due diligence. The money it's hoping to raise with partially cash out majority owner and porn. Mogul leo radinsky. While providing management with what one venture capitalist calls more legitimacy by the numbers any other company with growth like only fans would be able to raise big money in a matter of minutes in short only fans has a porn problem even though it never once mentions porn in it's pitch deck something that multiple investors called disingenuous some. Vc funds are prohibited from investing in content per limited partnership agreements. Several investors are concerned about minors creating subscription accounts. Although the company says it has controls in place to prevent that some investors say they could get past the porn but worry that the company's reputation would prevent it from attracting brand partners despite this week announcing a safer work product that features it's growing number of clothed
Lionel Messi's Paris Saint-Germain Deal Includes Cryptocurrency Payment
"Apologies to the sporting savvy out there bear with us. But for those who don't follow football. You should know its biggest star argentinian. Lionel messi just left the club. He's been with for most of his career barcelona to sign a two year contract with paris. Saint germain often referred to as ps g. And that's how we'll continue to refer to them here why you may ask. Are we telling you this. No it's not an attempt after our previous victory and interesting nate and sport during his last appearance to make him love the beautiful game it has to do with. Nfc's you see big. Sports stars get paid big money and just the welcome package that gave messy was worth twenty five to thirty million euros. I would like a welcome back like that. It included some. Ps g crypto currency. Fan tokens from socio dot com. These tokens let fans hold them. Vote on some minor decisions regarding the club. Like what song is played in the stadium during warm ups or the message. That will be on the captain's armband for example. So ceo's dot com says. The sale of the tokens has generated close to two hundred million dollars for its partner clubs this year. They've got a good half dozen or so Partner clubs and of course fans who buy them and then try to sell them for more than they paid them for them. And there's a brisk business in that trading volumes before messy signed with. Pse reached one point two billion dollars so giving messy a bunch of them gives him a volatile asset that he could potentially sell for millions. And these things are benefiting. Ps as well the ps fan token generated thirty million euros in sales this past week and it's estimated. Ps g keeps about half of that. If not more
"My Son Hunter" Will Be a Comedy - Because Hunter Biden Is so Ludicrous
"One thing we didn't. We didn't brian the guy. Sorry another movie called the war and all wars no. I just wanted to give him his. We definitely helped with. He is the prince. Find the writing on one thing. We did save. You know county preachy. Account be Telling people think it has to just tell the truth has to be funny because as you say it's so tragic will be funny. Oh it's just gonna be awesome The situation is ludicrous right. The situation is a joke. That drug addicted crack smoking at some of the vice president gets an eighty three eighty thousand dollars a month contract with ukrainian and gas company. He has no experience in oil and gas. By the way. I thought were also be going green now. Also as a guy who was part of one point two billion dollar chinese investment fund. This guy who who even got a gift of one hundred thousands of a chinese business eighty five thousand dollars damage breaks. It's a joke right so we have to make a joke and so and so. That's that's what we're we're gonna. It's gonna be
How Could Lab-Grown Meat Change the Pet Food World?
"Do we ensure that what we feed our pets is not only good for them a rich in protein and all the nutrients new to keep them healthy but good for our planet to ask many of us reduce our meat intake or opt for more sustainable animal proteins. Could we do the same for pets for the article. This episode is based on how stuff works. Spoke with greg aldrich a research associate professor in the coordinator of the pet food program the department of grain science and industry at kansas state university. He said it's all doable. I can formulate a vegetarian diet for a dog. I can make a vegan diet for a dog. it's just a lot harder to get it all balanced and then to get them to like it. The pet food institute estimates that more than one hundred and eighty million dogs and cats are living in. us households and the american pet products association reports that americans spent more than forty two billion dollars on pet foods and treats in twenty twenty alone and all of that is rough on the planet a twenty seventeen paper written by ucla researcher. Gregory oaken found that american dogs and cats are responsible through the food. They eat for the release of up to sixty four million tons of harmful greenhouse gases year. But it's not as if we're feeding our pets big slabs of brontosaurus sorace ribs and live chickens pet foods in the. Us generally have plenty of grains included. Corn is in fact. The number one ingredient used overall in cat and dog foods. According to the north american renderers relation but most pet foods do have a huge animal component. The reason for that is simple dogs and cats and you and i need protein and eating meat or meat by products is often the best. I and cheapest source of protein.
EA Acquires Another Studio
"Ea has acquired played democ for one point. Four billion dollars renan's sinclair at games industry biz. Electronic arts has agreed to purchase play dynamic from warnermedia for point. Four billion dollars in an all cash deal. The companies announced today founded in two thousand ten the manchester uk based play. Democ is best known as the developer of the mobile in facebook. Game golf clash. Well we've enjoyed working with the talented team play. Democ as they've grown golf clash beyond all expectations into a hit. Mobile game was tremendous longevity. Wb games president david haddad. Said he continues. Well we have great respect for the play. Democ team artists divest is part of our overall strategy to build games based on warner brothers. Storied franchises and quote last month. Wb games parents warnermedia announced that it would be it would be spun off of parent company. At and t. And merged with discovery in a forty three billion dollar deal but it was reported that not all of the publishers operations would be going along raising questions about the fate of the remaining studios the play democ acquisition announcement specified that the rest of the wb games portfolio is included in the deal with discovery. Play democ becomes the fourth significant for ea since december when it reached an agreement to purchase racing game specialist code masters for one point. Two billion dollars thwarting take two's interactive's take you interactive's own attempt to add the company to its portfolio if all that up with a two point one billion dollar acquisition of glue mobile in february and the addition of super supromega baseball developer metalhead software in may
"two billion dollars" Discussed on The Curious About Cannabis Podcast
"Hey we can recommend a dosage but if you're taking something that doesn't have any cd in it. It's not the only thing for you. You know so. Yeah unfortunately that problem has a in. It's not much better than has been in. It's transformed and really really weird ways. There's really weird products out there that On the hip market particularly That can have have or not have all sorts of different things in them. Better not what you'd expect destroying and hopefully hopefully the industry starts to get that under control because certainly you know already there's been this interesting reaction to delta eight t h c And so we're gonna see more and more of that which which kinda leads me into you. Know some of my closing thoughts here. Which are you know. What are you kind of looking forward to. As far as the future of the industry goes on the future of medical cannabis goes and just you personally like what are you Excited excited about and kind of hopeful to to see as everything progresses from here. Sure so personally. One of the one of the things that's close to. My heart is the veterans. I try to interact with as many veterans organizations and reach out to as many as i can you know while while our tests incorporates. You know again pain. Anxiety insomnia which are some of the border line or underlying causes of ptsd pt itself encompasses a wide array of things. And it's very difficult to really get a handle on but you know i. I didn't serve in the military Some of my family did. But i've just i've just really i. I really want to be able to help in that area. As much as i can and then even from there i think looking at children's the afflictions of children are facing. I think that's another super important. One and and parents are so dedicated to it in there. So thankful for its. I've got. I've got a son thankfully hasn't doesn't have any issues but i couldn't imagine and so we've got to really focus on on on the needs of people and how can we better serve those people you know creating drugs that costs you know. Yes it costs you two billion dollars to make it but does it need to be four thousand dollars for prescription to go there Do we need to make it unavailable in certain states. you know. it just doesn't make sense to me anyway. Personally those are. Those are two things that i'm really. I really think about a lot. And i would encourage anyone. That's involved in a veteran's organizations or any sort of a childhood afflictions are disease. Please always reach out You know as. I'm happy to move that along. But in general wellness we want to be able to change the paradigm of how people look at wellness. How they look at what they put in their bodies and.
Fauci: US to spend $3.2B for antiviral pills for COVID-19
"The U. S. will invest three point two billion dollars in a program to boost development of antiviral pills for cope with nineteen and other dangerous viruses that could turn into pandemics the cope with nineteen kills would be used to minimize symptoms after infection they're already being developed and Dr Anthony Fauci says the money will help speed clinical trials and give more support for research the program also aims to find new therapies for other viruses there are a few treatments that exists for many of the viruses that have what we call pandemic potential meantime the CDC says average daily new covert nineteen cases of the U. S. have hit their lowest point since the pandemic's early days and are down ninety five percent over five months Sager mag ani Washington
Biden to Return Diverted Border Wall Money, Spend Down Rest
"Hi Mike Rossi a reporting the bite administration plans to strip away much of the funding for wall construction on the southern border the bike that ministration plans to cut off much of the funding former president Donald Trump was using for his border wall project while also taking away the fast track status that allowed the wall project to bypass environmental regulations the Biden plan calls for returning more than two billion dollars diverted by the trump administration back to the Pentagon also the buy did ministration will not request new money for wall construction in the department of homeland security's twenty twenty two budget trump vowed to build a virtually impenetrable wall that would be paid for by Mexico but his administration put up only about four hundred fifty miles of wall including fifty two miles of new construction Mike Rossio Washington
Study: US Ski Areas Rebound Despite COVID-19 Restrictions
"The national ski areas association is reporting a strong rebound this winter despite the corona virus pandemic visits by skiers to U. S. resorts total fifty nine million for the season the national ski areas association says that's the fifth best on record Americans were looking for safe outdoor recreation CEO Kelly Pollock says from under uncertainty to a top ten season what a year many resorts were forced to close in the spring of twenty twenty in the U. S. ski industry lost at least two billion dollars that winner but about seven months later the chairlift started running again with guest embracing a new normal wearing masks standing apart in lines and writing lives only with their own group the average U. S. ski area was open thirteen days longer than last year and many small and medium sized ski areas performed well because more guests chose to stay close to home for their ski trips I'm Jennifer king
"two billion dollars" Discussed on The Information's 411
"The startup. Qatar was supposed to reinvent construction. It raised more than two billion dollars. Over the last six years to build factories hire thousands of employees and make a slew of acquisitions. Its aim was to create faster methods for building apartments offices and all kinds of buildings. This is wendy. Pollock the information senior editor here with corey. Weinberg who has closely documented katina's rise and fall. Hey corey hello so it. All really came crashing down this week for tara. You broke the news that the company was shutting down. Let me ask the simple question. I what happened. So what happened is a company that had raised at least two billion dollars doesn't really have any any left. That was the message that the company left to employees many of whom they were laying off this week and qatar has been kind of a saga which i have been trying to report on for honestly like four five years now. It's been pretty clear for a really long time. That things were not good at guitar that they was beset by mismanagement and struggling projects and a a lot of issues particularly on do the executive and investor levels and all of that kind of came crashing down in recent months essentially what. The company told employees that that that they had a rapid deterioration of. It's the company's financial position. In part due to covid you know sort of material and labour becoming a lot more expensive. The company also was not able to secure any new debt for the construction projects that they were taking on and they couldn't raise any more capital so just a real host of issues that essentially to this company's demise and as you reported the the company nearly collapsed last year right. So what happened then. Yeah so last. Year was another big year for patera almost this time last year. Essentially the board of directors was voting out guiterrez co founder and ceo. Michael marks. who was really the face of katara. He was this guy in his late sixties. Who had run several. You know sort of major businesses before and was a well known name in silicon valley and marks gave katara A real some real clout but investors realized that he had totally mismanaged the company. They voted him out A new regime came in the company tried to raise even more money to kind of keep it afloat despite the fact that it was losing a ton of money because it was not building apartments for as cheap as they said it would and essentially the reserve just kind of kept kept draining. The company considered chapter eleven bankruptcy last year. They found it up money to keep itself afloat for the time being and of time just sort of ran for them. I think why are people in silicon valley so interested in this company. What did you represent. I think katara represented a major effort to prove the thesis that technology can finally improve the productivity of construction in the us. I think silicon valley has always been really obsessed particularly recently with old line industries. Can it can at disrupt real estate. Candidates dropped healthcare. These really big societal. Problems and construction is one of them i. It's a the fact that it costs so much to build. Housing is one major reason why we have a housing shortage in this country. And qatar was the boldest to say. Hey tech consort of this. So i think that sort of generated a lot of fascination in the company so qatar failed. Does that mean. That construction can't be disrupted. I don't think it means that i mean. There are several notable companies. That are at least taking on different pieces of the construction industry. Maybe they're not quite as much money. Maybe they're just focused on making the current system a tiny bit more efficient. And and maybe they want attract as many headlines as guitar era. But they're still out there you know. I'm thinking of companies like core which they software and essentially priced software company for general contractors. They recently went public. They've had a decade long track record of success and there are a slew of smaller startups trying to take on pieces of this industry. Maybe they're not trying to do the qatari model. Which was essentially due. offsite construction. Do a lot of construction in factories and that was just incredibly expensive like tara had to build out factories all across the country. It had to figure out how to transport big wall panels from a phoenix factory to a construction site in vegas. There were just a ton of issues with its model. And i think maybe the silver lining of qatar downfall is is other companies coming after it will learn from qataris mistakes. It seems to me that this is as much a story about softbank. The world's biggest tech investor as it is about contessa. What does this say about softbank. Softbank really deserves at least a good portion of the blame for guiterrez demise was the biggest shareholder. And you know this. Qatar was an example of soft bank's strategy to essentially try to up end industries. Just by throwing a ton of capital at it like remember this ca- tara's the investment in qatar by softbank was like peak vision fund. one era. you know before it had been humbled by the decline of we work and some of its other companies were faced severe layoffs. And other kind of issues. You know qatar within that batch of of companies and and now i think it topic has probably learn some of those lessons that you can't just you know sort overcapitalize companies. In the way. They they did with guitar but You know. I think bossier she son who is sopping. Ceo has singled out. Qatar is one of one of the vision funds. Greatest failures so i think. Hopefully they'll learn from it but you know. I don't think this the company's failure tells us anything new about softbank that we didn't already know well. This has been a fascinating saga. And i encourage everyone who hasn't had a chance to be your stories about patera to to do sound. That's our show this week. Thanks so much for listening. Thank you to kevin jessica and wendy for being on the show and thank you to keenan kush four producing the former one. One have great weekend everybody..
"two billion dollars" Discussed on Blocked and Reported
"Yeah for sure. It'd be like i think the core and i think the core of the objection wasn't so much about the progress of governors. Anyway so this was. This was already a wildly popular idea. The president of the united states was saying things like like at the time of the idea that you're going to be able to put this back in the box by just not printing. It doesn't really make sense to me on that level. And i think it just it just makes it look like it bad people who disagreed with it look like they were weak and not confidence in their their ability to To to win that argument fact is the worst of all worlds because the op-ed was published. So if you're worried about getting out that happened but then after that the editor had to step down which sent the message. Oh look. they're afraid of. They're afraid of these. Dangerous ideas been spoken out loud because they have they have no answer to it which is which is a disaster. All around i mean like would they thought i mean if i had my way they would've they would've definitely published it because again no point trying to put that idea back in the box at that point and also it's newsworthy. That a us senator is saying that and then And then but then like why not just publish that published like an op ed by cornell west next to it like like that that seems like it would have been a better approach. I think there's this unfortunate thing going on not just there but elsewhere where because you know. The media is mostly progressive people. Think like if we just don't acknowledge certain things they'll go away. I mean there was i. I don't know. I mean you have to go back and check but there was actually a fair amount of of rioting and property damage. Last summer i didn't. I don't think i realized the scope of it at the time but you know it was like one to two billion dollars of damage which you know it's not it's not disasters hurricane but it's not nothing. I just wonder like the average media consumer in one of the cities..
WWE Releases Braun Strowman, Aleister Black and More in Surprising Decision
"Buddy murphy. Santana garrett lana ruby riott alastair black and braun strowman all released from their. Wwe contracts are all Free agents now in the world well if professional wrestling is free agent so to speak. You know. I'm assuming that there's a ninety day non competes. Obviously i have no idea. I'm not. I don't know anything about law. I don't know anything about their contracts. I don't know anything about business. I watch a lot of wrestling but those one two three four five six superstars getting released. Come hot off the heels of last month's annex t releases velveteen dream. Jesmyn do vanessa born Schuyler story alexander wolf and those came right off the heels of april's releases from the main roster which shook the world. samoa. Joe bill kate. Peyton royce mickie. James chelsea green tucker policto beau dallas. Wesley blake and mojo rawley. And then of course. There were a handful of releases before that earlier this year. But i mean everybody's becoming a every went to business school today. You know i i. I don't think that it's levi. Came on. Here's that you know what i think you know what i think as i start to add up all the facts. I'm starting to think maybe. Wwe is preparing themselves for a sale. Like all of a sudden we all know about corporate business. Because it's the only way. I love it. That's what i love about wrestling. And i'm not saying it's not true by the way i'm not saying those. Those those thoughts are not good thoughts. I didn't great thoughts. I think that that's actually a pretty astute of sort of Analysis and a smart way of looking at what's going on. I don't think that that's there's plenty of of spots where you could see could. Wwe being sold to nbc universal. You know they're already paying two billion dollars for the network plus whatever money. They're paying for television.
"two billion dollars" Discussed on Mornings With Gail - 1310 KFKA
"Seven billion and consistent funding into our roads and bridges and ask all of us as voters for permission to bond for portion of that amount without raising taxes and fees. Now that bill it past thirty five zip in the senate but democrats have prevented it from going to the ballots and are now repealing it with their new bill. Here's a good one senate. Bill to sixty is bipartisan. Now it's really not only one republican in the entire legislature voted for the bill out and here is the best one when it comes to packaging as rankin and scott referred to it. This false bill of goods senate bill to sixty will solve our road and bridge problems. No actually it won't of the three point eight billion dollars that senate bill to sixty will raise fees over ten years only about one point. Eight billion of it will go toward state roads. Bridges and tunnel projects. Much of the rest goes toward pet projects. Climate justice programs rankin scott also concerned about the environment in The climate sure they are but they believe in being honest with the intentions of flation. The department of transportation has an approximate ten billion dollar backlog. Projects that two billion dollars over ten years won't even begin to tackle concludes state. Senator bob franken state senator. Ray we hope that colorado voters are watching closely. I am how about you seven thirty now. Thirteen ten kfi a thirteen ten k. F. a. dot com a look back at what the market may or may not do in the month of june well. This is based on historical perspective and that red hot housing market may well be cooling down. Take a deep dive into that with keith. Wineman presidential wealth when he joins us at seven thirty five. What's happening in your own. Backyard listened to no co- now with tanner's swint a northern colorado's voice. Thirteen ten k of k at seven. Thirty four keith. Whiteman presidential wealth in loveland in now. And what does history tell us about the market performance in june..
"two billion dollars" Discussed on Keystone Education Radio
"Somebody works in recycling industry. So that's very important. The amount of economic gains that are contributed gross state product are in excess of two billion dollars annually which is very important for people to know so. They need to know that they're recycling. Means business means opt for their neighbors. Their friends and relatives environmental standpoint. they also need to know that you know. It helps fight the environmental challenges. We're facing with regards to greenhouse gas emissions. We those directly improving in back in climate change and importantly it's as you know nearly three hundred million. Btu use of energy each year by using recycled context. Those are some of the important environmental factors they need to know and as they look to optimize. their material is very important. That they only recyc- what's part of their program. They clean and dry before they put it in the bin. They also secure their ben at the curb..
"two billion dollars" Discussed on Budget Arcade: Free to play gaming
"To two thousand. Three hundred and fi- this game is in it is not infinitely infinity. It is yes it is. One hundred percent it's infinite. You can as long as you have money. You pay paywall to finally admit i just say. It's infinitely replaceable. how many levels are in. The air is fine. I don't know. I don't i don't with honor and thirteen episodes and then above that there is a looks like a masters where we go to find this infant. Let's all my gosh mark. If you open the game and you tap on the main screen and tells you what is our finish levels as thought finished zinger zingo. Purchase the game. How's that not finish rice. No i'm saying like have you gotten to the level five five thousand three no. I don't know if it's the if that's the actual like final the game and scroll up and see how many levels are it's not scott pulling out of his but it's in the game that you decided to have us play it'll live on your phone for. I'm just saying it's not. You're not going to lead this leading done recording like same here. Delete it right now. Deleted for like three or four days now. Like beans league is what's At the very top past episode one thirteen which is the last level is fifty five thousand. Three hundred champions league marks not even a champion. Hey that's not how you that's not how you say you got show mark No it's champions jeans league blessed. It's not the same. The oh i'm scrolling through the episodes we're all right. The game is highly replay agree. We agree not exact has infinite. Listen zinger does it. Purchase on the two billion dollars to not make it. Four by mentioning. Who's running the company is to tell you that it's not exactly run by competent folks..
"two billion dollars" Discussed on Discover Music Channel (Discover Music Channel)
"Move because it you know they're doing it the right way but then mindset Listen being calling. Is the spot a bus. Just this this is really more than just saying become the Make money they colonizing all right. That's why day taken your ground line And that's why. I interjected that lincoln. We behalf to go to the line. Not a sovereign. Wealth is beautiful because one hundred thousand a year. I know but you on a boat. That's not songs amazing. And i think. I'm rob some middle eastern countries the winding. They you know they provide for people right. And i feel like that's something that should that should be done especially amongst us. Listening to our fox mope basically the funds that we should be getting from. You know the sun and the reaganite and all that stuff but again you of naysayers that say it is impossible. People hundreds of thousands of dollars. Can you answer that. You see like. I say it's about educating in mind. They say if you wanna hide anything from a block place in black and white babe all right. Lotta people he been giving you the fox and fox. Your government came out and said it himself. There's two billion dollars. He's going to use it to build roads in the airports once again. The twenty million dollars was built on on the sidewalks. Okay that's the fox. They don't give it to you. Okay let me give you another five. came out went to long island. I group of investors. They wanted to do something They're trying to build an airport which is going to cost him. Eighteen million dollars the company. That did the survey. I used to work for them for eighteen years. All right and he's a big time anthony. So why would you wanna bill. Airport in long island i toward long long is just completely. Bush is no no top hotel. There's no top nothing to say. Put eighteen million dollar mega ultra drivers will be become. No i'd so this is what they're spending money on. They don't wanna give it to you this over well so he said it himself in parliament he also said what obama's can do with one hundred thousand dollars what her this is young and i tell i tell. My constituencies is this. If you go to the posit your money to the bank. And the taylor was stealing money. Don't you think the by needs to reimburse you They just don't wanna give it to you so it's like they will put their foot on your next because the only the only thing does the block. Mom is suffering from the average behemoth even if they not block but used woodblock. Because it seems like it's also.
"two billion dollars" Discussed on Bloomberg Radio New York - Recording Feed
"Pay all there's rookie here. A lot of people ask me what inspires your music and one of the big things is a strong sense of place. That's why. I love my home state of south carolina and want to share the awesome things that has to offer from the beautiful mountains down to the sunny coast. If got an all not to mention to my personal favorite great gulf and amazing food. Come see why love this place. Visit discover south carolina dot com sack. This is bloomberg radio now a global news update from the heart of where innovation money and power in silicon valley and beyond. This is bloomberg technology with emily. jen. I'm emily chang in san francisco and this is bloomberg technology coming up over the next hour it is. The main event has epic games takes on apple in a major antitrust. Trial epochs ceo. Tim sweeney takes stan. We're going to have the play by play the first day in court plus power play tiles. Eoc cj who sits on the coalition for half fairness says. Apple's dominance means it's no longer free market his perspective on ethics case. The industry just ahead and a triple threat stitch fix is bringing in two billion dollars. Revenue will soon have a new ceo and is ready to embrace the return to work crowd. I'll talk to him..
"two billion dollars" Discussed on The Hospital Finance Podcast
"I just might best not to and welcome back to the award winning hospital finance podcast all incoming presidential administrations have their own set of priorities and the biden administration is no different to talk with us about healthcare enforcement priorities of the biden administration. I'm joined by brennan jenny. Brennan is currently a partner in the washington. Dc office a sidley austin where she is a member of the healthcare practice before rejoining sidley in february brennan served as the principal. Deputy general counsel at the department of health and human services as well as the chief legal officer for the centers for medicare and medicaid services prior to joining. Hhs brennan also worked at the civil division of the department of justice brennan. Welcome back to the show. Thanks for having me back on mike. It's our pleasure. Let's start with a high level. Doj enforcement trends doj's false claims act. Recovery's were down last year and in fact it was the first time since two thousand nine that the annual recovery's in healthcare cases dip below two billion dollars but the number of new healthcare false claims act suit filed by whistleblowers was up slightly and the number of new doj initiated cases. More than doubled. What do you make of these trends. I the annual recovery's were almost certainly deflated. Due to the effects of the pandemic. I don't think the dip reflects any disinterest by the government in a healthcare fraud and abuse or a weaker inflow of cases just as many companies experienced operational disruptions due to covid nineteen for a period of time last year the pace of government investigations. I think did slow but it has picked back up as doj has adjusted to a new normal. And i think we'll see the resolution of a number of matters this year that have been stuck in the pipeline second that that spike in doj initiated healthcare cases from fifty seven to one hundred and seventeen is quite notable in public remarks senior doj officials have recently acknowledged that the department has increasingly turned to running. Its own sophisticated. Data analytics on medicare billing and claims data with the goal of identifying outliers or troubling patterns. In my mind this is one of the most consequential developments in the enforcement space for healthcare providers in the past decade until recently. Doj has used data. But it's generally been in a way that's been reactive a whistleblower files a complaint and doj crunches some numbers to see if the claims data are consistent with the allegations or defendants during settlement negotiations presents. An estimate of damages and doj presents its own counter estimate but this is a whole new frontier and it really underscores the importance of providers. Having robust data driven compliance programs providers should be analyzing their own data for outliers trends to try and resolve issues internally before they are resolved through a government investigation..
"two billion dollars" Discussed on No Agenda
"The clip ramping up production. The european medicines agency has granted its approval for additional production sites in germany. The netherlands switzerland to help with the shortfall and vaccines a new facility. In marburg germany will join one enforce belgium for producing the pfizer. Biontech vaccine the active ingredient in the astra. Zeneca shot will now be produced in the dutch city of lighten joining three other facilities and maderno will add new manufacturing capacity. In vis switzerland european regulators have also approved allowing the visor vaccine to be transported and stored at lower temperatures than previously authorized while this will reduce the lifespan of the doses. It will make it possible for pharmacists to keep the vaccines in their freezers and is expected to aid the distribution campaign. That's interesting that's a new data point hadn't heard we. I was two billion dollars were spent by the us government alone on the super freezers for the vaccine. That are turned out. You could just throw them pretty much your kenmore but now the data is that they become less effective because they're not kept cold enough. Wha- no this one you had to listen to that twice. I felt this. I misunderstood it to which doesn't make any sense. What they said. Let me listen now. They've been approved. They've been approved to keep them at were temperatures. How low it has to be. But they won't last as long. that's what i'm saying. That's what's weird now. I know it doesn't make any sense. Like how does it make any sense. Isn't there just a basic temperature when it has to be colder than that before it starts to deteriorate that that that would seem scientific to me. Yeah if you get lower would extend live. If the if the higher the temperature the quicker it deteriorates the lower the temperature. The longer it lasts that would be the normal way of looking at this. Yeah but now. They're saying if they keep it at lower temperatures What playtex again. They wanna play the whole thing again just to get that. All the european medicines agency has granted its approval for additional production sites in germany the netherlands and switzerland to help with the shortfall on vaccines a new facility in marburg germany will join one enforced belgium for producing the pfizer. Biontech vaccine the active ingredient in the astra zeneca will now be produced in the dutch city of leiden. Joining three other facilities and moderna will add new manufacturing capacity in this switzerland european regulators have approved allowing the pfizer vaccine to be transported and stored at lower temperatures than previously authorized. Well this will reduce the lifespan of the doses. It will make it possible for pharmacists to keep the vaccine in their freezers and is expected to aid the distribution campaign. That's just the completely inaccurate report. Thank you for making us making his here. That again she is she saying that makes it would be higher temperature not lower. That's right that has to be those. That must have been a mess up. Because now because they didn't have the facility to keep it as sub sub zero temperatures. They needed to now. They can keep it in their regular old refrigerator. Freezer that they have at the office and it will last as long. But it's still okay. Yeah that's exactly you're right. She they screwed up the report by deconstructing. It's obvious as what happened. Solely thing it makes any sense. I'm just seeing. If i can misreporting misreporting and by the way npr. Yeah i'm just trying to find if there's any article on that specifically if i an increase okay this this is the european union website okay New manufacturing site more flexible storage conditions. A new site has been approved for the productivity of commercial community. The covid nineteen community. What the hell is this as a new one community the kobe well the covid nineteen vaccine developed by bio and tekken pfizer may have different names. Are they marketing it under a different name in europe. Com i r. n. A. t. y. Community the facility in addition to new manufacturing facilities vaccine has also given a positive opinion to allow transportation and storage vials of this vaccine at temperatures between minus twenty five two minus fifteen degrees centigrade. I e the temperature of standard pharmaceutical freezers for a one off period of two weeks. This is an alternative to the long term storage of the vials. Attempts between minus. Nine hundred. sixty right so it's just full of shit. It's warmer temperature not a colder temperatures. Yes she's misreported. This is npr fake news. Fake nose factcheck false community. We have to understand. Is this the fan booze. Elizabeth's face reality out of this. Chinese vaccine is out there. That actually looks like a real vaccine the ask disconcerting. No wonder chinese didn't have any cases because they've got good vaccine. Got something that works with the actual thing in it thank forbid we find out about that and and and screw up phasers fabulous marketing scheme although there already pocket is so much. Money has fallen on the ground. This is bad they have. They have rebranded the moderna vaccine for europe. It was the pfizer. No this is the. i'm sorry. The biotech wasn't always called meet is called christianity. Maybe i didn't even know that we just call it. The pfizer vaccine could be again. If you're doing your marketing right. And yeah and i put the name of your company up there a lot. You know the brand name. The of the vaccine is something else. We like to xerox. So pfizer pfizer. Pfizer pfizer pfizer. We'd like kleenex. we'd like googling. This is the kind of branding. You your pfizer pfizer. Pfizer guys are good man. They are good. They are so good. If frightened but fearing with commerce they're dare screwing date there. These people should probably be arrested. Although i would. I still have high regards for their abilities. It'd be i'd like to. I'd like to see how they play it all the way out to screw it up. You're going to start getting overconfident. Report from the cbc that you play delegate clip of the day to a good example overdoing it to ya one. You got your money now back off. Ooh yes pfizer. That's a that's a good message. You just sent there. When i'm worried about is Of it was very nice to hear that we have very similar. People up north is to here in the united states. And i'm in touch with a lot of dutch people. There's a huge huge anti lockdown antiwar. They have curfews still extended through april. As i told you whatever the germans do my daughter still in a cage actual child in a cage in rotterdam gained and they're not cheap in the toilet paper to rotterdam. This is not good And toilet paper today. The teen is already on our way said this it could go into costco. We get we learned. We had enough with the first. The crisis came. But then i always want to have this around. Because that's just a nice little luxury to have What was i going. I forget what i was saying up so the is in cages. Right now we're back to those people from the cbc report. They've already jumped over the most important thing they already at. Well the hackers crackers. They're gonna go. Hack.
"two billion dollars" Discussed on The Takeaway
"Impacts the kind of resources that are sent there. Oh it absolutely does. There's anything. mississippi can agree on across divides is how we get talked about now. A lot of its deserve. This issue needs to be talked about nationally and the racism that keeps the state trying to control the city and giving it very few resources in are taking resources away such as the airport. You know all of those things need to be part of the national conversation but it but at the same time Those things don't often breakthrough because people roll their eyes at mississippi. And you know we're seen as such a quote unquote red state language. I hate by the way and then we don't get. We don't get considered for the kinds of resources that we actually need. We are known as a taker state. Because we get a lot of we do get a lot of federal resources but it's You know it's it's. It's not an intelligent national conversation that really looks at mississippi and mississippi is the microcosm of what's going on in the whole nation and in in in cities across america and if you can't look at your arguably poorest state poverty wise in healthwise where you know our leaders won't you know they resist medicaid expansion and other solutions. You know if you can't look at that state and say what's going on. There is is a national crisis that we all need to look at our role in and what we can do about it. Then i don't think real serious about helping poor people in america what about infrastructure jackson and before we have to let you know what kind of what is what does this. Tell us about what is needed. What investments are needed right now. In jackson you know the mayor loomed likes to say that. There's there's at least two billion dollars needed for water and sewer infrastructure and maybe more than that ultimately you know this state can afford everything we need especially after being so Irresponsible in letting this drag out for so long. What we are figuring out that is really needed is for the state the city and the federal government to come together and be at the same table and really look at what can happen. Long-term sure the state right now needs to help staunch the bleeding but that conversation needs to happen right now About what can be done. Not just for jackson to help rebuild infrastructure this basic infrastructure. That's about human life and how to get past this racism and bigotry toward our cities and and toward a state like.
"two billion dollars" Discussed on The Last American Vagabond
"As robert f kennedy points out as media cheered emergency approval. Jj's code vaccine. You know the one. They're not going to test on infants and newborns. The company's plans to team up with merck on production there was little mention of safety concerns or two companies criminal track records as always doing an excellent job on children's defense. Just did say great article by the way a lot to read. I just want to jump down to the the problems. But i really hope you'll read this because they go into a lot of important information about how this works and why it's not. It's always good to understand more than just like what. I'm going to point out here like take the time and i tried to do this for you a lot. You know. make sure there's more context around all but read all the full information about why and how they got caught and why. They're still doing what they're doing. Is evaluating the potential safety of the jj plus experimental co. It would be prudent to take note of the corporate behemoths less than flattering track. Records as siri a serial fallon's for example paid out four point eight five billion dollars in just two thousand seven. That's more than the entirety of all of pfizer's criminal payouts. What's incredible at least what we know of. By the way the only on record there's over four billion dollars like one to one or two billion dollars at just with safety lies lying about safety but we're trusting them today. It's it's just cowards. Counterintuitive i mean. This is it's really ignorant to think we can trust these people. It's naive but it says after pleading guilty so they pled guilty to criminal charges over illegal marketing of their drug. And you know what that's what they're doing now you can call it illegal or whatever you want. But their marketing like hell they're vaccine. Let's trust the now even though they pled guilty to criminal charges for lying about exactly what they're doing now. The company has gone on to face numerous other allegations of fraud deceit negligence including its measles mumps and rubella or h vp vaccine mmr hp. Some of the two most commonly concerned about vaccines for its part. Change as recent criminal history. Include two thousand thirteen or by the us department of justice to pay two point. Two billion dollars in civil and criminal fines related to the anti-psychotic drug risk payroll and two other drugs following aggressive off label marketing and other dubious practices fraud and kickbacks. These are criminals. Guys.
"two billion dollars" Discussed on Daily Tech News Show
"Two billion dollars for five g. wireless backstrom verizon. Was the bitter quite a lot committee and forty five billion dollars almost doubling. At and t. Which came in second at twenty. Three billion t mobile spent nine point three billion dollars and pay tv providers such as dish network comcast and.
"two billion dollars" Discussed on The Ray & Dregs Hockey Podcast
"By katya i guess what what becomes the norm about. This is that it's their zone coyotes. Right and it's just one more thing is this team just can't seem to get out of its way and i think the expectation the league's perspective when they brought them ruble family onboard a wealthy family by published net worth two billion dollars with a b. I i'm sure the national hockey league commissioners office thought. Let's get these people in you know. We'll help how we'll have to shepherd them through a process because you don't just get the keys to an nhl franchise and ronald flawlessly so. They've made their share of mistakes as been detailed in this in this report but is that your takeaways similar to mind that you read it and you'd like to go. Well that shouldn't happen. That can happen. I can't believe that happen. But in the case in the arizona coyotes. You're sitting there reading and going. Yeah that makes sense. I understand that this would happen there. While i i think i was. You know of course. You're not there. But i think i was really surprised.
"two billion dollars" Discussed on Everyday Talkies
"Or august are pretty Particular member of the group. He pointed out that this chad game. Stop be shorted. Every i there will come a point in the future who made the people who have shorted the to buy back the so. It's a good time to enter into the stock because advocating the point when these people go down that position the those that you normally market dynamics reputed to feel Shot position data go into the market in the back give. Obviously they are better okay. This be shorted three. Let's get into the share and let's drive devices prices by diving on the kind of forcing the short films. Do you know that when they go their positions they go and buy it from the market and then they go to by phone market price agrees with which again in other short telescope bite because they have to grow without position which again increases the thanks. Gene keeps on increasing and this cascading effect is another short. Squeeze okay so this is also very technical. Competence be shorted around. He's a short squeeze. Ben i particularly stock which has been shorted it stock increasing and as the prices increase new to have to go that position and is that good or the condition the price increase again. And i'll be the again. This keeps on happening and the stock. But i shoot up in a very small period of time. This is kind of what happened. In case of games on now just to give a different flavor to the story anthem in which i have been falling from twitter and reddit skied called cook. I don't know what they need to an evening skirt. Okay let's skip that Was this guy not the other guy that got so so there was this other guy who was actually following this stupid for a quite a long time the original guy who came up with this idea also. The hero of the gas go now is that he was probably you it. He was a sports thing that you must monster t by the shadow. Nobody will understanding that was he was mentioning that. Got as you said that Game stop the stock has heavily short and more stocks soared that that that is in the market so chart. There isn't the bucket. So which makes no sense. so he's authored by andy also mentioned the. Ceo of the company was doing rounds. He was you know making speeches that he wants the company. Yuck the company was making bosses. Don had it been pretty hot but it's not like they were in a computer. Down warriors without a blockbusters blockbuster netflix with what it would still have people going in because of discarded chris for concern xbox and ps fight people up in the store so it was not like it was just empty stores. So he's not by back and after some people when they go to know this and we understood what he was trying to stay in a whole beam styled crease. People start buying it at as you know as you mentioned the price increasing and when the losses were getting too high the heads wants wanted to close out their positions. They had to buy stocks to now. The demand is too high so prices goes up. The price keeps rising and they keep on losing money. And the biggest. I would say austin her. I don't know yet. Maybe disaster was one of the hedge. Funds gold-medal capital. They almost went bankrupt. What the hedge for tattoos locked up over two billion dollars just to save them. No hold on. Hold on hold on. I know pepper sort ends. No but the story does not end here. This conversation was so amazing that i thought let's break into three parts that you know it's easy to digest this phone spot we learned about you know what the shorting and how you know. The hedge funds lose money because of that in the next episode. We will discuss the other reason. Why hedge losing money. And that's our options. It's coming out on. Wednesday stood for that at the special episode where everybody was following this new story and melinda a next week we will have the final episode for game. Stop bad we will discuss the philosophical implications. The model of what is happening in terms of media in terms of editors making these sales are in terms of hedge funds shorting shares which are not even dead in the market. So yeah we'll just aspects of the nasdaq mazzone so stay tuned for that and if you have any more updates on if you guys worn us to govern any such interesting topics let us. Nope i've drive to bring in experts. Who can tell us about it. Then state bye-bye..
"two billion dollars" Discussed on Unofficial Partner Podcast
"So before we get going with the cost. Here's a short segment that gives some idea of the frenzy around the market for sports team. Acquisition currently on both sides of the atlantic and entered mark. Cuban the owner of the dallas mavericks explaining what it really means to buy a sports team billionaire hedge fund manager. Steve cohen has finalized a record deal to purchase the new york. Mets the league announced on monday. That cohen and the wilpon reached an agreement on the sale with the deal. Set to be done between a record setting two point. Four and two point four five billion dollars. The sale is subject to the approval of the major league. Baseball club owners. But if it is approved it would make it. The most amount paid for in mlb franchise go and shared on monday quote. I am excited to have reached an agreement with the wilpon and katz families to purchase the new york mets pace. It's been announced today that. Unlv k capitalist become the new owners of burnley football club but this must be very proud day for you it is. We are very excited to begin. This new journey with the cleric family This is somewhere that we have looked for a very long time to get involved with. And so this is the culmination of a lot of effort on our part. And we're very excited. You know when. I got to the dallas mavericks. I just thought you know what i think. Every professional sports new owner thinks the same way. I'm successful in business. I know what's worked for me. And i'm gonna continue to do it for the most part. I did that. But one of the things. I found out early on was sports are unlike any other industry and you could just feel in the city of dallas. That people cared that people's emotions you know jumped when the mavs won. So thank you both for coming on and obviously lows to talk about. And i want to kick off with the nba and some pushes new two zero for from it. Because what's happening a moment with this. These sort of changes of roles and and i'm the basic comtex before we get into the detail of just the sort of energy and the heat around investing in mba fry franchises. Why why is there. Such a sort of from this distance seems like quite a sort of fevered atmosphere around the nba and abandoned mba franchise. We've had a couple of big moments. Recently steve cohen buying. But just give us a a sort of idea and frame it force before we get into the detail of it. Yeah so if you look back at the historical look back all twenty years you had these teams are basically largely mom and pop operations. They were family owned They were much smaller businesses because the media dollars were much smaller. They were run on wherever local basis. I would say and what we've seen in the last five ten years as transformation the nba triple their mediate luck. National media deal so went from eight hundred million a year to two point four billion. So when when you have that kind of growth in media valuation starting to rise evaluation started rise. We have more entrance coming in very sophisticated buyer through private equity hedge funds Entrepreneurs and sarah and that changed the whole dynamic eyelids as recent. As ten years ago. You had a fair. Share of teams are losing money in the nba. And now you have very few teams losing money in the nba. So with much much higher media revenues brand new arenas being built all over the place and while acquitted in the market since. Oh eight oh nine. That's what's kinda driven values. Go much higher so there is this conversation. That's sort of live at the moment about limited partnerships. Why have they what's happening. Just explain what that means why that question that suddenly appeared yes so we've actually been involved in limited partnerships sales for years and years. It's it's just coming to the floor now. But it's been a pretty active market over long periods of time. What's happening is know the nba role. Stipulate that one general partner runs. The team is in control the team. And there's one singular person that answers to the nba to the commissioner and that that will instituted because years ago there wasn't as clear and there were issues among between gp's and in fact there were lawsuits When we were Advising on between p. and g. p. over a player trade that kind of tied the team up knots for awhile that was down in atlanta so that the nba made it very clear that there's one one person in charge as a result at the limited parts have lot of negative protections. But they don't have a lot of involvement so what's happened is over. The course of time is either. There could be a death. There could be a divorce someone Just may want liquidity. As a result he trade out of their limited partner steaks and when that happens it's basically a limited partner sailing to a limited partner buying which doesn't really involve team in in a big way it's a elpida lp sale just so we've got an idea. The sort of the amounts of money i am. I preface this. Because i'm always a bit skeptical of publicly sort of an numbers evaluation. Round so with that caveat We're looking here at sort of the average price of an nba team pushing towards two billion dollars. Would that is that..