35 Burst results for "Two Five Percent"
"When the olympics start will be the most talented team in tokyo. Hands down no question. Most talented team in tokyo with the roster that they have but this is like a five alarm fire right now howard. This loss to nigeria. I don't care if they win the rest of these pre olympic games which will take place through next sunday. This has to make you nervous if you're a fan of the team because not only is it this. The loss to nigeria. But you go back two years ago at the world championships where you had a us team. That was good. Didn't have probably better team now than they were back in two thousand nineteen but all nba players. They finished seventh. They've been seventh at the world championships. You have the seventh-place finish the loss of nigeria. How concerned are you howard beck about. Usa basketball. It's just an exhibition game. Chris oh no no. It's not just an exhibition game. Stop this team was thrown together over the last however many weeks they had what like three practices. I think i'll ever. Us team is thrown together. What are you talking about. There's no team. There's no no mid season practices for usa basketball. No but the nigerian team has been practicing. What i'm saying is some of the play in the nba though wants win the nba nba. A few of them play in the nba but that team has had time together more so than the team. Sorry brown coaching. that team. That i missed was that a facsimile of mike brown on the bench all season long. What what are we talking about. The warriors have been out for like two months kris k. Okay so two months. that's what matters. That's that's the number three three practices. Also they're still missing. I believe at least three guys because they're playing in the finals right now. Booker middleton chris paul get it. Yes not chris. Ball's not playing a holiday with the the what holland is your holiday. Those those guys will matter especially given that middleton and holiday are to the better perimeter defenders that that team. Usa has and if you look at the rest of team usa's roster. I don't see a ton of great defenders. There there are a few. I think those three guys by the way are going to be exhausted by the time they get to. They may well be. They may will be so. We're going to judge them. Judging when their whole judge when the games matter to strange to me like we don't judge nba teams based on the preseason but we judge team usa based on these exhibition games. That they do going into international competition. I feel like it's thirty. One point favorites. Why why is there betting line on a freaking exhibition better training but a little league baseball. Now country degenerates damn right. I didn't mean chris i'm with. Let's go monday. Nigeria money line. I just. I can't get too excited about this. If they lose the rest of the exhibitions does that mean something. Yeah that might be alarming if they're if they're still struggling to find some cohesion. That could be alarming. But i mean the talent is obviously their talent alone doesn't win on the international stage in style of game is different team ball matters. Shooting matters like yeah. There's a bunch of budget stuff that comes into play. But i i find the panic over this loss or at least the outcry to be a little bit much. So you don't take into account the seventh-place finish in two thousand nineteen. I mean that to me. It's the it's not just as game. The totality of it right. Like and i don't know howard like so in the early two thousands the world kind of caught up to the us ninety to ninety six thousand us. Gold maps then comes the two thousand two world championships in indianapolis and that's seven. The place finish was one of the worst worst outcomes in at least recent usa history. They got it together after that. They hired jerry colangelo. They bringing mike chef ski. They get their act together. Two thousand six two thousand eight then. They run off. Three consecutive years are three consecutive cycles of gold. Medals is argon. Made that like the world's caught up again that somewhere along the way and the last four or five years. The rest of the world has once again caught up usa basketball. I'm trying to understand this. I mean that's close games in those olympics cycles. No question about it. But i can't imagine the oh eight. Twelve or sixteen team losing nigeria. I can't exhibition or otherwise. I can't see it happening. No team and the and the one that followed it were built around like lebron koby. Carmelo enjoying wait. I mean that that groups at another level like as good as this group is that we're seeing right now as talented as they are after k. D. tatum's really good damian. Lillard is great. I mean come arbit- tatum. Bill lillard auto bio levin. Draymond dream ends up there in years but one has won some things. Jeremy grant jeremy grant zach living out of like. These are guys who have done anything in the nba yet. But they're all stars most they're they're also but are they to level of lebron kobe now but do you think is that what you're saying then is that what you're saying to be at the level you need to have like i'm saying the crop to win. I'm saying that if we're going to start comparing the twenty twenty one team to the twenty eight a two thousand eight two thousand twelve teams there is. There is not an equivalent right now. Lebron kobe laurent cobaine weight. And plus what we what. We called olympic. Mellow like carmelo. Didn't have the success in the nba. That some of his teammates did but carmelo in terms of talent level and certainly has resume like that group was at a whole other level. That group is a different level than jason. Tatum bam outta bios. Zach levine. Okay so not saying that you necessarily should have to have that level of time firepower to win an exhibition game against nigeria. Or anybody else. But i am saying comparing usa to itself different iterations of team usa. This one is not that one. This is not as dominant group as the ones we saw in eight and two thousand twelve. It just isn't what do you do like. What's the solution here. Like i mean i jerry. Colangelo deserves an enormous amount of credit for rebuilding that program when it was at. Its nadir mitra chefs. He comes in enormous amount of credit for what they did. But as we sit here in twenty twenty one like it's almost to me howard like the usa basketball rebuilding. The program became cool. Like lebron wanted to do it. Chris paul like dwayne wade. These guys wanted to do it and then they did it. And i think playing for usa basketball didn't become quite as cool as it was fifteen years ago. Like is that what has to happen like does not need to have like a fifth place finish in tokyo for all of a sudden the next generation of a-list stars wherever that may be in two thousand twenty four to come back into the mix and is that the only way this team can win. I mean i think we need to pay attention to the overall context like obviously one. These olympics were supposed to happen a year ago. They're delayed a year because of covid got durant out of it though like that right. It's questionable whether these the olympic should be happening at all still but along the way because of these back to back brutal seasons and everything else like team. Usa doesn't have james harden right now. Doesn't have anthony davis because of the injury doesn't have steph curry doesn't have kyrie irving doesn't have lebron kawai again. If your argument is that the second or third tier it sounds like sounds like insulting. Somehow but if you're saying that the next wave believe after those guys should still be good enough to dominate on the world stage. Maybe but if the point is that the team as best are they still. Are they still able to win. Gold fairly easily. Your probably but a bunch of them aren't on this team right now because of injuries and just the stress of the last year or two so this this is not necessarily representative of the best of the best right now. It just isn't and yes. They should still be good enough to win. Yes the world has caught up to some extent. No the the group that at nigeria's put it put out there last week. Does not leap off the page improbably. Us should've still want it. But again i exhibition game after like three practices. Let's see what happens with the rest of this. This schedule out brought mellow back. I mean he's not what he was four years ago. Eight years ago twelve years ago but the guy knows how to play international basketball. He might have sat. maybe. I guess. I didn't really. I assume that he just want to keep. He didn't kind of like four formerly re retire from the olympics. But it'd be pretty much says like i'm done like lebron kinda did to get talked into it. I feel like. I don't know if i was if i was the usa team would try really hard to get carmelo blake because his style. Whatever it is to the nba is perfect for the national basketball. He's a really good or national basketball player. On this subject damian lillard. He spoke for the first time. Since the hiring of chauncey billips. Only listen to what little had to say about his future in portland. I'm prepared to go in and do my job every year. Like hopefully we make strides over direction and could become a better team a new coach notice. That's where i am. What soured it sounds like. Lillard is at least nominally on board with going back to the blazers. But if i'm a team out there with assets. I don't listen to that response and say well it's over damian. Lillard is back on the same page with the portland trailblazers. If i'm a team with assets i hold onto those assets because it feels to me like the blazers might be one like sixteen to start from blowing that whole thing up with louis mccollum on the way out the door so get the sense now. That seems more likely than not that damian lillard at blazers training camp. He's in ablaze uniform. He starts the season with the portland trailblazers. But if it doesn't work with chauncey billips early and you get close that trade deadline. It wouldn't surprise me at all to see portland decide. Look we've got a. We've got to do something here and opened the door for damian lillard trade. What do you think. I think that nothing has changed. I think that his remarks last week because he sounded a little bit lukewarm. Or just you know you hear one of two things. Well you want to hear one thing if you're a portland trail blazers fan or if you're just looking for any indication that lillard is all in your you want to hear him say listen. I know things are rough right now. But i'm all in you know this is. This is where. I want to be you to repeat all the usual talking points that you hear from players in his position and that we've heard from bradley beal that we used to hear from james harden houston. Which is a win in phil in city fill in the blank with the city. I want to win here. I don't wanna go somewhere else. You know we're going to get this right blah blah. He didn't go down the usual list. And so i think it left open. Some interpretation but getting has changed like the disappointment was clear when the season ended. Some of the things have happened since including obviously the the the train wreck away they went about the the coaching search and lillard. Being caught in the crossfire. There at feeling heat from fans about chauncey billips being selected and so. I don't think we should expect he's going to be rah. Rah right now The trailblazers have a lot of work to do. But we also have not even hit the summer yet. Like there's the draft hasn't happened yet. Free agency hasn't happened yet. There's there's a lot of work to be done. And i think if you're damian lillard which you're probably doing is internally saying here's what i need to see happen externally saying you know what let's let's wait and see i mean you see. He can't he can't say publicly the same things that he's telling say neal o'shea right about what the the state of the roster i i would think that there are some very impassioned debates or discussions being held behind closed doors about what they need to get this thing right and if they can't get it right the he might shift is his stance about staying there long term. But that hasn't happened yet that we know of. What do you think the most interesting potential conversation is amongst players over these next four weeks like i'm kind of curious what jason tatum bradley beal talk about. Tatum and beal close friends dating back to their highschool days both went to the same high school bill with something of a mentor to jason. Tatum actually got him involved with his trainer. Drew hanlin which helped. Tatum elevate his his personal skills and they've talked about how happy they are to be playing together. Played the all star game together for the first time beal last year of his contract. Like you know we've seen these conversations yield real tangible conversation. You'd like to be a fly on the wall on for any of these guys in the next couple of weeks. Yeah i mean look we. We have a history now going back over a decade. If we're to believe that the that the heels were formed in part through team usa activities. You know which is true which is true. That's that's yielded an extra things guy. You know guys who you mentioned. Tatum and bill because they were already friends but guys also become friends through this experience right and then they start getting the ideas about playing together. Like oh hey. This is a lot of fun. Let's do this again in the nba. So there's i'm i'm sure some of that is is happening. It always does. Who else in that group. I mean man. If any of these guys that'd be trying to recruit bam out a bio but he's too early in his in his contract with miami to pry him loose from there And you know the heater still a pretty potent team but you know jimmy butler is up there in miles and outta bios future won't necessarily be there forever. That's the way it goes in the nba. I think tatum has the potential to be like the biggest recruiter. They're like he's about to start the first year of his max level extension. He can recruit bill. But like you can also does damian lillard like. It's great to play in boston. I love it here. Answer some questions of my have a playing on the east coast for the first time. Like i think data might be boston's best asset at this point. Yeah again some of this comes down to bradley. Beal's coming up to that point where he has the leverage to task out because of his contract lillard under contract for several more years and so he's not in that position. So what if it says. Like i need to go like. I don't foresee the blazers being no finish your contract. Just don't see it. i think right. And they would work with him on a deal to sure but directing it is harder so beal can use the leverage of his free agency to say well if you send me to team x. I'm not gonna resign there. Which then blows up that deal and he can direct himself to the team he really wants to be at lillard would have a harder time to doing that. Because he doesn't have free agency looming two to play that card. Yeah well i encourage any reporter. That's in tokyo tatum. Beal and lillard talking to each other. Just take a picture and then let the internet go wild crazy because it will unquestionably last thing for you. Howard the breaking news. This week in the coaching ranks. Is that jamal moseley is headed to orlando moseley of course last with dallas. A really well respected assistant coach there. Who was a candidate for that. Maverick job before. It went to jason kidd my immediate reaction to that higher howard beyond i think being an excellent choice for orlando is that we're gonna look at at moseley and jason kidd on parallel tracks. The next couple of years moseley. There was a strong case to be made that he should have been elevated to that head. Coaching job he'd been considered for other head coaching jobs. Before most recently in new york he had by all accounts a great relationship with luka doncic i understand bringing kit in he's got a history with dallas and as riccar lau said publicly having a player that played the game like kid and having a player that plays the game like don-shik make some sense to pair those two guys together. But there's always going to be as i watched these two situations unfold. I'm gonna wonder you know. Did the mavericks make the right choice. Leading jamaa moseley go and bringing jason kidd in and there's so many variables in this the first being at orlando's in step one or maybe even steps zero of a massive rebuild right there in the negatives right now. I think there's still maybe more fat to trim on that roster before they really bottom out. Yeah and you know you talk about trying to build around. You know markelle foltz. And and jonathan isaac jonathan isaac for so long. They're getting hurt and he's a great player but they've loved writing in a weird way john stays healthy. He's still more of a complementary store right like he's he's a potentially defensive player of the year at some point. He's not a guy who you're building an offense around though and marquel foltz okay. He he got himself back on track in orlando. He has a career now where he didn't have one but he's not a foundational building block. Come on like that's crazy so the roster doesn't have much talent jamal. Moseley's is coming into a situation. Which a lot of first time head coach is committed to which is all right. There's a lot of work to do so You're gonna have to do a lot of development. You're going to have to take a lotta lumps in the win loss column. It's gonna be rough going for the first year or two or maybe three. Let's see how they can get things going. But you know as it has been a certain other like kenny. Atkinson came to look a completely hopeless situation in brooklyn but was known as development coach in atlanta. And sure enough. Everybody who went there. Joe harris spencer. Dinwiddie jared allen versus lower. First round picks. Guys who were you know whether they were reclamation projects whether they were low picks everybody seems to get better the second they went to brooklyn and play kenny atkinson and his staff congenial. Moseley have the kind of effect in orlando can the front office. Get him to kind of guys. That will thrive in that in that kind of environment and carve out careers from cells and carbon identities. Jamal moseley has a lot going for him. And we've heard like many great things about it but we often hear great things about assistant coaches who don't end up panning out so i always. We have to caution ourselves on these things. Because i thought. Brian shaw was gonna be a great head coach and he was. Everybody loved him all the players sung as praises when he was associate head coach under frank. Vogel indiana he goes to denver probably just the wrong guy at the wrong time but he hasn't had another shot since then but that went really badly. Brett brown was really great in in some respects for the for the early years of the process and then suddenly. It seemed like they'd hit some sort of ceiling. Eager kokoschka of had been talked about for years is a great assistant. Coach didn't work out. Swells head coach in phoenix. David dale bumpy ride in memphis and then disastrous in new york. We just don't know like luke walton. Another example like there are plenty of coaches who as their when their assistance. We hear and see the best of them and then you know some of them be go on it and have great success coaches. I mean tyler has been fantastic. Mike malone has been fantastic money williams. Nick nurse dwayne casey a lotta longtime assistance. Get their shot and then you know it. It works out in a dozen. It's all contextual. It's all just the opportunity you have the thing for dallas is. They went with a guy who has experienced jason kit. That experience was not necessarily good experience. Like i think most people around the would look at what he did in milwaukee in brooklyn and say. I'm going to steer clear. Maybe you'd rather have the the unproven. Jamal moseley versus the somewhat proven jason kidd but. I don't think we'll know what the right choice was there for a while yet. Because it's it's gonna take some time before we can evaluate moseley as head coach. I maybe jason kidd learned something in two years as an assistant. I mean that happens. You know working with lebron for entire for two entire seasons working under frank vogel maybe picked up some things that'll be useful to him as a head coach. Moseley to me. The key is giving him time. Like you've got to be committed to moseley for a minimum. I think of three years and more likely five years. And then you see what you have in head coach. You mentioned gore. I mean it's worked out for phoenix. Absolutely but i do think he got hosed out there i mean he only had one year on the job and that year was without deandra aiden chris. Paul had devon booker of course but that was not a good team that he was coaching. There i gotta get moses the because you want to see what the guy can do when you put that team in a position to win a great example to me is james breglio in charlotte. I mean berea. Was one of those guys assistant coach elevated to head coaching position in charlotte. Not great first couple of years there but when he was given players and chance to win he did pretty well. I mean up until lamelo ball went out the horns were really good team and i think they will be a good team. Going forward in part because of the borrego is a pretty good coach. I want to see this magic team. Invest heavily in jamal. The you're the guy developed these guys and we'll keep you around no matter what the won loss record says until you get a chance to win then you judge like brett brown six or seven days since brett brown left but i can see the for letting go of brett brown. I mean they had a talented team and to a degree the underachieved. But you've got to let the coach get a roster on that level before you really make any decisions about whether they can coach. Yeah well and that's the thing about. This is what set up says apart. I think the good organizations from the bad ones is that you you decide when you choose a guy. Especially if he's a longtime assistant not a guy with head coaching experience. And you've said we believe in this guy. This is somebody who's got a great trekker record as an assistant. We're going to first opportunity. It's your obligation to when you say investment. Yeah it's time investment. It's a give them all the tools to succeed. Give him the time to succeed. You've decided you believe in him. So stand behind that have the conviction to stand behind that and take some bumps along the way you know maybe maybe memphis and or the knicks should have stuck with david physed longer. You know we had heard nothing but great things about fiscal coming out of miami. Initially we may yet you know. Find out that he. He can be great head coach in the right situation. Maybe those worth rights situations. He might be one of those guys though. I love physios and assist one of those guys. Though the just the temperament is always important. Like the government like memphis yet. Some battles with market assault didn't work out your plus new york. You just might be one of those guys that doesn't have the right temperament to be is based on what we've seen a memphis in new york might be better suited for these ranks but if he succeeds in l. a. I think he'll get another chance right. Maybe i think the point being though that if you as an organization have identified a guy instead he we believe in him then. Okay then believe in him. Stick with them and make sure you've given them enough tools to succeed Is it a pulling the plug at the first sign of of struggle and that's what happens in the nba. too often. is that seems panic. You know the fans turn. There's some minor flare up. Oh the coach and player got into it. Whatever it may good teams that can happen on as well. And it's it's just. It's the way franchises. React so you have to know whether or not the guy is is is right and then stick with them. And so yeah. Let's jomo's should get a nice long here. She got a ton of latitude in orlando given where they are as an organization given the state of that roster. Yeah i agree. Howard enjoy milwaukee looking forward to hearing the conversation with the lazarus on friday. You can check podcast. Right here on the crossover feet again. Make sure you listen to howard's interview. Spencer dinwiddie from last week. It was really really strong. Enjoy -joy the mid west our. We'll talk when you're back on the northeast always a pleasure. My friend the newest player in the pre nba basketball landscape is overtime. Elite elite will begin playing sometime in the fall. And we'll be headlined by some of the top now. Former high school players in the country players would be paid minimum one hundred thousand dollars with some making north of that and have access to high level facilities training as well as educational programs to help. Get a better grasp on that. I'm joined by brandon williams the head of basketball operations for overtime. Elite and kevin ollie the former. Nba guard uconn. Coach was the head coach and director of player development bread. And i want to start here with you. Just kind of give me the ten thousand foot view overtime elite. What are the objectives. What what what was behind the formation of this league. I think any of us. Chris who've been around for a long time i've actually seen Sort of the downside of young players who entered into professional ranks to this point. It's been the nba Who are not ready. And so what does that mean you know not not ready to form and be stars or is it just not ready to be great teammates or is it not ready to be good partners. is sort of all that you know the idea that the work day is much longer than they know. And that there's more responsibility to be in a professional athlete The responsibilities to families and communities we just have to do a better job preparing them and here was an opportunity to be part of a program that wanted to address all that. It's not just about being a good player. It's like we wanna address the whole athlete. Hope so on. Three levels were hitting basketball. Easiest thing understand. I think businesses in our world is education And then there's brand you know. These young people now are moving at a speed that we aren't as older folks and they want to build things An earlier age particularly off the court so building a brand is important something that can last well beyond their tread on tire so we're hitting it in basketball business brand. That's that's that's really thirty thousand foot view. Kevin what attracted you to this job. Just like his dad is the whole person being able coach them from a mind body and soul Experience and understanding the mindfulness athlete I've seen it from a pro level. Got up tune into play thirteen years with twelve different teams so i understand like the different trials and tribulations you go through with a player not saying that these players are gonna go through that but is getting them more prepared if they do come into some certain situations where it's not typically going the right way. How can they manage that situation. So what they do today can echo into tomorrow and having the ability to kana paint on a black blank. Canvas is what a really attracted to me to to this you know. Ot league program we can take the player really shape the curriculum you not with teaching them about subjects. But we're really teaching them about themselves as well from media training From mental health issues. All the different things that come involved because we all know chris is stress. You know from success is a lot of pressures is a lot of people pulling at you. It's a lot of people won't certain things. But how do you deal with that from a player's standpoint where you can play when you get on the basketball court and half clear and not be caught up in the distractions of off the court issues. Um as desks desks were really kind of vocal. Spirit to give back in it and how these kids you know. Have these players be available at the moment of truth to make the right decisions and that was very important to me. Kevin as you mentioned you played in the nba brand. You played in the nba. As well i wanna ask both of you guys and kevin. I'll start with you like if this was available to you as sixteen. seventeen year. Old looking back. Would you have founded attractive with a definitely founded attractive You know i kind of thought the box anyway. I was from chris. Shaw from from from south central and i chose connecticut. So you places that. I didn't even know nothing about growing up. You always thought out the box and never wanted to go down a path that everybody was going down So i was always curious. And i think that's how my mom especially my mom. My dad raised me. So i definitely been curious of this situation. No no speaking now without you know took it. I'm not sure. But i think it really gave me another option to look at it and this is what we're trying to do not saying that the ncaa is wrong overtime. Leaders wrong or right. It's not about that. It's about if you really care about the student. Athletes you give them as much options as possible. And i think this gives the lee student athlete. Another option and i think you know it's a very Great option for them to have and if they choose overtime league we're going to give our whole heart to make sure they're developed on and off the basketball court chris i- jumping after coach It would have been interesting. Chris but i certainly would not have been a candidate i would. Let's just get that right. What what things that's important. We sit down going through just grassroots community and we spent months just talking to people educating about. You know what we're about who we are. Each of us has a reputation in some other space. Not here The this program isn't for everybody is not the right fit for everybody. We are cherry picking and a lot of ways. These are players that feel like they are destined for professional basketball. There are a lot of sixteen year olds. That don't know that yet and their parents aren't convinced that yet in people that support them. Don't don't feel that confidence yet. They may be another year away or two years away but this is not. This is not the right path for everyone. Twenty four athletes roughly twelve per class. We're looking at juniors and seniors and the truth is at this age. What was really funny about scouting them is everybody's skinny and like a lanky and underdeveloped and still has like a mountain of upside to you know to to get through before you can really see who they're going to be but you know if you have a young player like brand williams who's just dreaming of being an nba player but does not much certainty. That's even realistic We gotta be very careful about this approach In taking because there there are risks but for those that that have already established in this deke. They've established a day of separated from their class. You know jaylen. Lewis has an example the most recent example. He's he's he's elevated in separate. The draft isn't tomorrow though so there's still a lot of work to do but he's already in front running physician and it gives everyone low confidence that this is the kind of investment and the kind of pet that would make a ton of sense for players like that. Let me follow up on that brandon. Because you're you're entering. What suddenly become a fairly crowded space in terms of leagues like this. You know the g. league ignite is one season in but they've had a measure of success. We've seen jalen green probably a top pick. Jonathan kamenga top five or six. Then you have the ncw with this. Recent ruling allowing top players to make money off their name image and likeness. How does how does the elite separate itself from that group. Why think i is. We start a little bit sooner so the g. league zone a great job with what we call it a year the prep year that year. That a recent graduates would be going to college and they've already been hacking the system you know going to italy or china So so there's a market for those players and we want an alternative to college for for for us though. Our players are seeking an alternative to high school so we are a school but we think about the resources that were bringing to the table first of which being an nba like environment You know start coach. Ali coach lehto in a robust set of staff. I mean scouting staff a high performance staff administrative team. Our goal was to simulate an nba organization for for young athletes at sixteen seventeen eighteen. Th there there is no other environment. Like that. And i think the big way that we separate with high school athletes Is that both domestically and internationally. We're able to put twenty four of them together in a building. So what we're selling is the best competition for these guys starts at home. I mean every day in line coaches don't minister drills administer competition aspects of practice and getting ready for games but when you look to the right and left and i noticed as a player. There's no weak link. I mean everywhere you look. There's somebody that's doing what you're doing and possibly doing more. Because they they are not just dreamed about the into the league or to the high level. They're on their way there That's where we've been able to. I think create a little separation from others that have tried or looked at something. Like this kevin. How do you approach this job. Do you do it in a similar mindset and you had at uconn where you have young players you also you know yukon. You had to keep them academically eligible you to follow that pretty closely. I mean is there is it a similar mindset or do you take a different tact. I think you just let it be you know. Similar is not. It's just whatever comes you say yes to it and you cultivate hope from it I never coached high school players. They was always you know graduated from high school. And now they're freshman's This situation is a little different in in was recruiting for two to three years. This situation is a little different. But you know from me. Chris i love the unknown about it. And that's the space i live in. Not just wanna make sure that. I have the space incorporate something in these players that they can just think about it can build from a have a foundation so when they make the transition they have every tool in the toolbox to say okay. Oh that's a problem Assess it let me be able to correct it. Let me obsessed. Let me be aware of it and i think that's the difference between you know coaching a high school kid in in the college. Kid i mean you get able to mold them a little bit better and then you have to understand where they at. Now you know back then. I didn't have social media. We didn't have social media now. These kids these players are building their brand a little bit earlier and now you just meet them where they are. And i can't wait to get them up on campus get them up until atlanta just continue to build a great relationship. Welcome spend time with the one on one in. This situation is going to provide us to do a lot more skill development that i didn't have a really good opportunity and it had not one say good opportunity. I didn't have the best opportunity. Because there's so many things we own a row recruiting You own a row fundraising these different things. Brandon's taken care of in. Dan porter is taken care of. I can just really coach the player and work on his skill development on and off the basketball court. So it's really given me my own lane. So i can really perform my job. Mama job is really breaking down and relationships it starts. Relationship is start with trust. Stars will hold is spending time with the the young student athletes on and off the basketball court and pushed them to greatness and the competition is not on. our side of competition is with him. You know can you beat your previous best bestself. Can you be better than today you know. Can you be better tomorrow than you were date. And that's what i'm coaching. And that's what i love to do. And i think we're going to have some great young man as open as biden has going to be vulnerable going to try to reach for the sky. In the sky is going to be ob- you is not going to be limits. I can't wait to get up to atlanta. We've been having some many camps. Chris has been wonderful to get back on the court with the guys. And i'm looking forward to the next mini camp and dan looking forward to getting them up to atlanta. So we really can go to work. You know when. I was was talking to brian. shaw a couple of months ago. Kevin about how he was coaching. The ignite you know it was a lot of pro stop. He was trying to bring to that team. Are you taking that same. Approach you trying to coach them like their nba players or something different. No it's nothing different is just. I'm building pro. Habits in every situation is going to be different. Chris this is going to be some guys. Come in you know. Say for instance like a. John montero will we got him and he you know is a little bit more advanced than some other players because he's been a pro- already and then it's going to be another situation where we gotta talented guy might not be able to get quick but these opportunities we can go at our own pace we can sit down and talk to them but we're really teaching and building pro habits and those habits is going to translate over to them being great pros when that opportunity come invest in the nba are the euro league so every day you know we are building like a practice plan like more of a college practice plan nba practice bandwidth doing drills. That i got from my numerous stops in the nba. You know we're doing sets in the nba. Then we gotta understand that sixteen years old as well you know and maybe sometimes you gotta you know kinda doubt it down a little bit. But i'm gonna let com. I'm going to let that go. i'm not going to focus on one of it. I'm not gonna say oh. We're doing this process. Each and every day every day is different. And that's what i love about the unknown. And i'm gonna treat it like that and we just gonna continue to bill because i think we got great mas and organization that really want to coach the whole person. And that's what i'm really excited about. You decided to upgrade your outdoor deck. So you ordered the essentials. Power washer said a patio chairs and a shiny new grill. And you use your bank of america. Customized cash rewards credit card choosing to earn three percent cashback online shopping and up to five point. Two five percent preferred rewards member which you put toward your most essential deck addition a bird feeder of yours at bank of america dot com slash more rewarding copyright two thousand twenty one bank of america corporation support for this podcast comes from invent together according to studies less than thirteen percent of all inventors who hold a us patent are women black and hispanic college graduates patent at half the rate of their white counterparts. But we can fix that by increasing participation innovation and patenting by underrepresented groups. It would quadruple. The number of american inventors and increase annual gdp by almost one trillion dollars. Invent together is a coalition of organizations companies. Universities and concerned citizens committed to ensuring that everyone has the opportunity to invent and patent because the more diverse. The american patent system gets the stronger and more successful. our nation will become. What can you do to help. Divers inventors patent and unleash economic opportunity. Find out at invent together dot org learn more and take action today brandon not to continue to compare this team to the ignite but when i talked to sharieff abderrahim about that i mean. I had asked him about the sustainability of that team. Given how much. Money was being poured in to pay some of the players. And he bobbed and weaved floyd mayweather trying to answer that question. Because it's it's hard to commit to it without say a television contract more sponsorships and things like that when you can you speak to kind of the sustainability of this because we've seen startups with an influx of cash. Get get in big the first year. But then peter out. I mean what needs to happen. Four overtime elite to become a long term successful program while has got to answers. I think you know a concept. I mean we're we're selling on the ability to develop young players and have a more more pro ready right. So this is. This is the path we are offering basketball development. Call it professional Business development And we are also like leveraging. What is an incredible media platform that again. The things that we like to call a distinguishing factors. That's a huge one. So not to bob and weave one. We gotta be good ass. You know that. That's how have long deputy spurs the spurs. They were good for really long time. And so we've got the that there were good at this note. No pressure on kale right The the the second piece though is you know and this comes from my my time in the nba. It just wasn't that long ago where it out of chicago. Pre-draft combine interview. If i said. I wanna build my brand. Everybody in the room was like smirking and like you know what. What are we talking about like. It's about basketball basketball basketball And you know if you are young team developing and not winning a lot of games truth is you can't sell just basketball because your basketball isn't great you got to sell personalities and stories in that there's something that people can invest in in fall in love with other than like the final score like otherwise. The sixers had no chance right any any development team yet to buy into a story and for us. I think we have a chance to create stories but we get a chance to show those stories because we have a platform. So it's it doesn't take much. I mean i'm not a social media guru. But when i got recruited for this job haven't been around the block a little bit certainly from an nba perspective. I heard a couple of things. I really got my attention. One was fifty million followers That's eyeballs and we all know that that Business follows the eyeballs in whatever in whatever respect. The other was which is unfair. Because i think that number changes month over month but it started at one point four and not set maybe one point eight or one point nine billion with a b. billion views of content a month that overtime in some ways has found a way to the heart. The mind of young people It is being communicated and solid as you know the generation z. sort media and content engine We are doing an amazing thing here which is developing young talent in a pure way that we want to make sure that they are prepared. Top to bottom to do well on the court to do well and communities to do well in business but then there's this other thing which is they want to be known like. No player wants to play in an empty building. Everybody wants to play where it matters. They wanna play. When nick can rock and like the building and just like recognizing their talent. We're just artists. And one thing that is kind of showcase. By one event that that overtime overtime the media company producing s called. You see it on youtube to. Is that over. Hundred million people watched that. I mean that that's not an insignificant number that players that are going to play overtime. Lee will have the opportunity to be known The the opportunity of bring brick big brands to the table and support this platform If not already indicated by the kinds of investors that that have shown interest but the brands that are coming to the table our sustainability is going to be showing value delivering value to not just the athletes but to overtime visibility. I would imagine great for them but can you monetize it. Can you make it so this league is in the black or does it need to be in the black every year. Well my the good news is as a basketball man. No different than a different than the is Get a budget. My job is to be fishing and and spend wisely. I i'm not. I'm not asked to sell tickets or generate revenue that's for a tremendous And in successful a business operations Our job is to make sure that what we are delivering is high is a high level product That you see the growth and development of our young players. What's there recruited. We gotta make them better. They need to be able to perform and probably the best testament of our success is going to be our nba. Gm voting with this pick right but with a coach saying like they did a nice job. This guy was. Well coached testament to takeo and the rest of the coaching staff. That if we're doing that will prove successful. Because guess what the next crop of recruits when we're in the gym like we're not chasing them. There's sort of meeting us at at minimum half way. We need to keep bringing high level taliban and developing talent to prove successful and i have a tremendous set of partners across academics and across content media. That will will do their part to elevate our business. Can you expecting to tap into some of your. nba relationships. I mean as you mentioned thirteen teams in twelve seasons. You've made a lot of friends over the years. We're going to see like san preston sitting in the crowd for your practices as a whole so sam and so many gyms that i know you know Kevin durant and all these guys are destinies in overtime. Just having them be around. We had our first minicamp. Ray allen showed up and not only showed up. He brought his son to work out with guys. Just it was just amazing. does just see how the branches that we can continue to pull up on and they continue to pull on us and be a partnership in. This thing is going to be great. Are you expecting to have kind of drop ins. Durant's involved with the league. You expecting these guys. Just be around. Which i would imagine would be both a resource for you but also an attractive quality to this league definitely. Definitely we going to build a place where it's going to be hopefully a development premier development destination for everybody and you know hopefully katie can come out and work out with guys and russell westbrook and james harden and all these guys that we know and i know i had opportunity to be evolved. Then it's kinda beat a veteran guys We want them to be around. Because it's not. Just me sean. It's also watching tape like these are the different drills and look how k. d. and look how chris paul is using the pick and rolls and now they're showing up that's a that's a big big bang for us with us growing these young talented student athletes To get them inspired to the next level and they're doing a great job done only gonna do. I coached him. Chris a coach me on a day to day basis. I'm open to that and we just really want to have a love affair with guys and and the end of the day chris. We want appease the basketball guys. We wanna play the right way. We want to share a basketball. We wanna run. We wanna have fun. We want how to join the game but it can't just be me me me. It has to be weak. And i'm wanting to teach guys how to be involved in any system they get drafted about. They can be a part of a productive system and be a productive partner in in the community as well no matter what city they when they arrive to the nba brandon. Before let you go. What schedule gonna look like i mean is this team playing. Just walk me through kind of what these kids are getting into. And what kind of schedule you gonna be able to put together so schedule that that is really interesting for everybody. And i wanna try to illuminate. But i've got to be careful we are still contracting with some teams But for the audience the think about it in buckets. We're gonna play independent prep schools. That's going to be a significant part of our schedule. We are a high school so we are looking to schedule. Some of the top independence that you would typically no to have a national schedule can travel that have the ability to be mobile. We're scheduling home and away with with With those folks and it looks like net set as an example It looks like you know. Folks that are playing for a national title Arizona florida california. So it'll be a widespread travel schedule for us. We're also looking at European competition so think about junior euroleague as an example. Some of the best clubs the Insects as an example Where we can get a collection of sixteen to nineteen year old elite talent to compete against us. And then as i mentioned earlier on the show we really feel like the best competition is gonna come internally and that's where our league play Comes into effect so we are looking at our group of twenty four as three teams of eight. There will be standings you'll be able to track will compete against each other. That'll be a significant part of our schedule as well. We don't want to overstep our guys one of the things. We really wanna correct leading science. Guide us here. is is minimized the wear and tear. Nobody's while still developing and preparing for a professional level place so a schedule of maybe thirty five. To forty games is our target. We started september Training camp will will begin Play by mid august. We'll be done by by Late march is how we see our schedule shaping up i'm looking forward to it brennan kevin. It's a really interesting concept and hope you guys have a lot of success with an. I'll certainly be watching a lot of. Nba people will be watching but brandon. Stay out of a set of massachusetts. Kevin has like some basketball. Ptsd from all those bc. Matchups i'm sure would probably were so tough. I don't remember kevin. It's not real like talk about it. But lita past. We'd be six thousand. That's not very nice. That's hovering kevin brand. Thanks for joining me. I appreciate it all right. Thank you chris. Thanks so much.
When Currencies Fail: Bitcoin Google Searches in Turkey Rise 400% as Lira Crashes
"Let's move to our main discussion and there are really two parts of the story that we're going to cover. The first is the devastating crash of the turkish lira. The second is the response of people in that country who found their money worth dramatically less than it was just a few days before first of all what happened between sunday evening and monday. The turkish lira fell as much as seventeen percent against the dollar ultimately landing around ten percent down. Turkish stocks also crashed the benchmark borsa. Istanbul one hundred stock index was down as much as nine point four percent which is the biggest sell-off since june. Two thousand thirteen. The nasdaq listed shares. Msci turkey efl seventeen point five percent pre market in the us. The cause of all this on early saturday morning. Turkish president aragon unexpectedly fired nasi ball. though central. Bank governor who had been appointed in november at the center of their disagreement was how to approach inflation. So let's step back and actually look at the scenario inherited oddball. He was the third central bank governor in two years in november the year that he came to power the annual inflation rate was fourteen point zero three percent. According to the turkish statistical institute by december it was up to fourteen point six percent now these are just official numbers and some argue that it's actually much higher on november twelfth twenty. Twenty johns hopkins. Economists hanky tweeted everyday. I accurately measure inflation in turkey today. Measure it at thirty five point six one percent this year as opposed to the official number of eleven point eight nine percent after that fourteen point six percent number came out in december. He said that it was actually twenty. Five point eight five percent per year even holding that aside if you just take the official number nearly fifteen percent inflation a year a staggering that means a having of your purchasing power every year and this has been going on for a long time sue from three hours capital tweeted last night fun fact. The reason turkish lira is t. r. l. is because they've already redenominated before due to massive hyperinflation. Let's add a little more color than about the previous year and a half. The central bank had been keeping interest rates low or at least below consumer inflation. And as we've discussed before on this show. Negative real rates mean investors are discouraged from holding that sovereign debt as well as from holding lira or lira-denominated assets. These have been the policies for eighteen months or more and by fall. The currency was at all time. Lows added to. This fire was the way the turkish central bank had been trying to prop up the lira. Selling more than one hundred billion dollars in us foreign reserves in order to keep the lira from completely cratering in the process this destroyed and depleted their foreign exchange reserves and lead them to actually owing more dollars to turkish banks than the central bank actually had determined. Opposition leaders ask for judicial probe into the official reserves as of november. The country looked to be heading to a full on balance of payments crisis. And on top of this there have been major questions around the independence of the central bank from president. Aragon aragon infrequently given the central bank direct monetary policy instructions had dismissed two governors in the previous sixteen months effectively. When we really take a step back. Turkey has been on the see-saw between currency crisis and inflation. On the one hand and massive austerity and growth slowing interest rate hikes. On the other a currency crisis twenty eighteen led to increase interest rates. And by summer of the next year aragona points quote a friend to cut rates by mid-november when oddball came in it was a swing back to the interest rate hikes austerity side of the pendulum. The first act of akbal as he came in was to immediately raise the central banks one week repo rate which is an interbank lending rate from ten point. Two five percent to fifteen percent now. Interestingly this had started to work things were looking more positive from currency perspective at least in early. Twenty twenty one. Daniel call tweeted this morning. The turkey central bank helped make lira one of the best currencies versus the us d- in twenty twenty one curbing money supply growth via rate hikes helping reduce inflation. The turkish lira was up three point zero seven percent from december thirty first twenty twenty two march nineteenth. Twenty twenty one. It had been down twenty percent the year before it also saw something like fourteen to twenty billion of foreign fund inflows into turkish assets over that same period which reversed years of the opposite direction. Basically the interest rate hikes austerity were performing well in the context of global currency markets. But ogbah clearly didn't believe inflation was getting under control to the degree that he wanted to. He raised rates again to seventeen percent and then finally on the thursday before his dismissal raise them much more than expected to full. Nineteen percent and so the pendulum is swinging back again from interest rate hikes and toward at least in the minds of investors runaway inflation. The newly appointed governor saheb cops. Yo glue said that beating. Inflation is the bank's main objective but also said that they're committed to lowering borrowing costs and bolstering growth. Money managers. basically think he's going to be forced to lower interest rates and accept currency depreciation and indeed the other place. This is showing up is in the cost of insuring. Turkey's government debt against default the price of which rose more than fifty percent over the weekend. What's more this move. And the switch. From ball to cops iaglu super reinforces the narrative that central banks lack independence from erdogan. As well casio glue is a party. Loyalist bloomberg's chief emerging markets. Economists said quote the hit to the central bank's credibility and independence can't be overstated to gone has battered the institutions with interventions that have repeatedly financial markets. Were willing to give ball a chance. His successor will find it hard to build that trust again. So let's talk now about the other dimension to this that you might have caught if you were on twitter. Google searches for the term bitcoin in turkey more than quadrupled over the weekend after akbal sacking wise. That happening while one part of it may be the idea that bitcoin provides in inflation hedge and just a different currency to get away from lira volatility. Which by the way all it using bitcoin to get away from volatility where they don't tell you when they're trying to critique bitcoin is that people can stomach more volatility if there's some possibility that those seventeen percents swings or also to the upside as well but the other part of it is that as i mentioned the new governor has said that they are committed to fighting inflation but doesn't want interest rates to be the tool because they messed with growth. What are there other tools then. Bing bing bing capital controls restricting the flows of capital out of lira and lira-denominated assets so one question might be alongside. Google searches is are we. Seeing an increase in exchange activity owner goes pack. A consultant at the bbc turk pro exchange said that there was a spike in volume and that it was four both usd t tether as an alternative to us dollars and bitcoin on btc turk the bitcoin turkish lira pair has the highest volume with the tether turkish lira pair being the second highest now. This situation is going to evolve a lot. And i think on the one hand you have to just heartbroken. For the turkish people who are stuck between the whims and machinations of politicians and global economic flows that they have no control over when it comes to how much this new set of crypto and digital assets can actually help them escape from those pains. I've said numerous times. One of them remarkable things about this moment isn't that bitcoin and digital assets are going to save everyone from the follies of local currency regimes. That's just not realistic yet. What's remarkable is that for the first time ever the entire span of human history. There is a convenient easy permission. 'less ramp from those regimes for those people. Who have the technical know how to do it. The number of people who have that know how is an ever expanding group and that means that bitcoin and digital assets at an x factor to every single currency crisis. From here on
The DMM Foundation: Putting Your Crypto to Work for You
"You just kind of remind us A little bit about the dm foundation. Sure so dm that sounds for defy money market And it's run by a foundation and basically it's pretty simple. What is trying to do is really just trying to solve the dual problems problems of one currency debasement and then the second is the possibility of earning interest and so we have a defy protocol basically that empowers anybody connected to the internet who has crypto to earn six point two five percent Stable correlated yield on their assets We do that through Basically a protocol you can interact with The compound that you convert your either. Us dc die either or use dt into. What's called 'em tokens. And then this earned six point two five percent. You can come in and out at anytime. You want one of the big differences. Where we're focused is is really. We know that in the crypt space time yield can be like a thousand percent and then it could be like point two percent right and so define money. Market is really focused on a stable interest rate. And the way we do that as we actually connect and interest is generated from real world assets that are all viewable on chain and this provides. It's very stable. Six point two five percent return and we use chainlink. Oracle's where all this information now is transparent into what's backing up the eco-system and the portfolios sentence producing this interest So it's governed by dow the dow. So oh it's full decentralized governance and we think that it's a new way that i think a lot of folks are interested in because again it kind of helps you solve the ability for debasement because all the all the assets actually buy real so we have an inflationary environment real senator. Pretty good the second thing is you can get the view into the underlying assets and you get the stable six point two five percent so it's been pretty well received by the market in that i think we fit in niche in the overall space grip space.
Goldman Sachs on S&P 500, Model Y Range, Tesla Police Vehicle
"Everybody rob our here today. We were talking about tessa. Stock and the s. and p. five hundred inclusion process. We have an updated note from goldman. Sachs talking a little bit about funds that may need to purchase tesla. We also have some news on the model y and then a recently published study by the fremont police department on using tesla as a police vehicle. All right so i up on the stock tussles. Green streak has come to an end finishing down one point nine three percent today to four hundred eighty nine dollars. Sixty one cents that compared to the nasdaq down zero point four percent and two again quickly. Check on the volume. As we've been doing for the last few days it was quite a bit lower today. Only about thirty two million shares traded hands. That was the two hundred and first highest volume rank day for the last year. So very low. That's out of about two hundred and fifty trading days was actually even below the one month average of thirty three million shares and well below the three month and twelve month averages around sixty million shares debt. If you're curious why. I keep talking about volume. It's because i anticipate a lot of shares needing to be purchased. So i do want to keep an eye on volume as we head into the snp inclusion. I do expect most of the related buying four. That will happen around inclusion. But who knows how much for there's going to be so i think if we see a lot of really heavy volume heading into that that might indicate a little bit more front running. So it's not normally something i watched super closely and i'm definitely not a technical analysis based investor. But just something. I'm kind of finding interesting for less period time. Quick related note next week. Is the week of thanksgiving. So the nasdaq will be closed on thursday november twenty. Sixth all day and then on friday the twenty seventh. We closed early so reopened until one pm eastern time. As for my schedule. I'll probably take thursday off and potentially friday. We'll see on that. But hopefully the seven episodes that. I put out this week as well as two interviews that i did the most recent of which is on the talking tesla podcast. By the way we'll make up for that next week. Okay so we've got a bit of an update here on the s. and p. five hundred situation a new note from goldman sachs. Has shed a little bit of light. On that. portion of funds that is benchmarked to the s. and p. five hundred remember. This is the portion of funds that their compensation is impacted based on the relative performance to the performance of the s. and p. five hundred versus the tracking funds. They're literally trying to replicate the performance of the s. and p. five hundred identically. So if we look at our little spreadsheet here that we've looked at many times based on today's closing price for the s&p five hundred and four tesla. It looks like the waiting would be about one point two five percent for tesla and the s&p index so the p last update. They gave us said that there was about four point. Six trillion in assets tracking the index. Saw one point two six percent of that should be allocated to tesla shares. That's about fifty eight billion dollars. Almost one hundred nineteen million shares and then additionally there is six point six trillion in benchmarked assets. So that's what we're talking about here with this goldman sachs update and one point. Two six percent of that six point six trillion would be eighty three billion or a hundred and seven million shares so focusing on that slice for now goldman sachs in an updated note. Overnight said quote of the one hundred and eighty nine large-cap core funds in our universe one hundred and fifty seven funds that manage around five hundred billion in assets under management did not hold tesla on september thirtieth and quote. Okay presumably here then. The one hundred eighty nine funds that goldman is referring to here are benchmarked against the s. And p five hundred. I don't have the full note. So i'm not sure if they stated that clearly but i do think it's the best assumption we can make so they're saying five hundred billion in assets under management for those one hundred and eighty nine funds. That's five hundred billion of the six point six trillion that we're talking about here so that's about seven and a half percent of the slice so then golden is saying that of those one hundred and eighty nine funds. One hundred and fifty seven of them didn't hold any tesla that's only seventeen percent of those funds so we don't necessarily know how the dollar distribution looks if one of those funds makes up the majority of that five hundred billion assets under management and they hold tesla the dollar percentage will look very different. But for now it's just assume it's the same at seventeen percent and then let's extrapolate that percentage to the six point six trillion and benchmarked funds. Broadly obviously quite a few steps. There were the math. Can break down. This is just a theoretical exercise but if we apply that then we could assume that of the six point six trillion and benchmarked funds about one point one trillion of that may already have a position and tesla leaving about five point five trillion. That does not so drop that. Six point six trillion down to five point five trillion. Assuming others already have tessa positions. If all those funds want to be equal weight on tesla they would need to buy sixty nine billion dollars. Tesla nice which one hundred and forty two million scherzer's. Obviously they could buy more. That could buy less. Could by not at all but doing anything other than being equal weight on tesla is an active choice to deviate their performance versus their benchmark based on how tesla's said another way if they don't know about tesla the safest thing for them to do is just to be equal weight so that it's not influencing their relative performance if we hop back to that goldman note per the bloomberg article on the topic. They say quote assuming those funds chose to hold the carmaker at benchmark. Wait they would need to buy eight billion dollars of the stock or about two per cent of tussles market value the analysts set and quote so many of you may have seen the headline articles about that today. That's just goldman saying that of these funds. These five hundred billion in assets under management those funds. We need to buy a billion to be equal weight. So there's walk in clients through the exact math and we've been walking through here for awhile. But on their universe as they say which is just a subset that seven and a half percent subset of the six point six trillion that the snp says is benchmarked against the s. and p. five hundred. We've now seen a couple of separate confirmations that overall the we've been walking through here is correct. I we had the snp announcement which indicated that okay. Yes it's going to be about a one percent weight that equates to about fifty billion in terms of shares that need to be bought so check that box and then here we have goldman sachs now the benchmark funds and how they would need to buy eight billion and that lines up well with the math that we've been talking about on the bench marked funds so i think good to see that i still don't really know how all this is gonna be able to work again if all that is equal weight. That's you know. Thirty eight percent of tesla's float you can't just take thirty eight percent of afloat off the market over the course of two weeks
Today Cryptotraders Could Be Busy
"Tonight's looking good today is looking good bitcoin play the game yesterday it pushed onto another daily high pushed higher trendies day we grinding why? Grind Grind Grind, is what we? Currently. Doing and look I tell you what? It's It really does look could. Let me visit numbers? We got two, thousand, one, hundred, seventeen, all thereabouts thereabouts that he's effectively a A point of resistance that was a support level that I raised my orders to buy Bitcoin It's come back up towards it tapped on. Yesterday, it just tapped a little tap tap tap. TAP. Aroo. And now. I'd love to say that level guy we get through that level and we stopped to get a lot more going on a lot more interest and bitcoin will the news that's coming at continues to be stronger and stronger and stronger we currently from those lives that we saw. In the full which happened to be nine eight to one way up twelve point, two, five percent from those lows. So the last three days have been pretty pretty conscious nothing major nothing major but let's get back to I. Think it was Monday Monday. Will we all right now we're up nearly seven percent. Or thirty seven percent thus far actually the best way to do that it's just a little weekly six point six percent the guy. And this off the weekly. So I just gotTa plant in the minute now, willy pushed through today will we see bitcoin pulled back a little bit and give us that or low on the high timeframes twelve-hour will the daily before we go through? That's the probability that I'm waiting to save plays at a couple of tries came out yesterday that was one on that was one K B while. X which is perpetual. Okay. B. p. e. By Doing the thing that look right now you know. BITCOIN's momentum guards at starting to look a little bit dangerous. He smashes through that resistance plays going the whole of the top ten is lit up wrought now and looks superb arts bitcoin eleven thousand and thirteen dollars a half percent to die look yesterday. Let's not forget what Adidas I did go all the way out one point six percent closing at ten, thousand, nine, hundred, fifty, five, loy eleven, thousand theorems pretty a pretty good. Push out of the Guy Fawkes up three point seven six. Now, we're only one hour into the trading day and the three seventy nine, point six, three yesterday was flat and do anything except pay another one stop it's pushed hard full percent at twenty five point, six cents we sitting at right now starting to see that momentum increase once again, mole bullishness coming across these top ten bitcoin cash yesterday was damn point three percent today currently up two percent to thirty fuss what seven zero locking up three percent today. Yesterday. It was down one point one percent. It's at forty nine dollars and twenty three cents vase at one point four, three percents still one of the most ugly shots in the top ten. The, right. No data bats up one point four percent at one, sixty, five, forty, four. Donna closing in at ten sent me was down yesterday was only down one point seven percent today so far up two point, five percent bonds had bullish cattle in the cradle dot closing. It's broken the high of that now that doesn't mean tried to vital to me right now. It just means it's done something. It's I didn't get along on that tried to it because it wasn't there. There was low a high hall I don't play that game. Ply The guy, a tried trend. The trend wasn't set. We currently twenty dollars twenty one, one, point, nine percent on the day. Saifi ails would. Up One point two percent rejected the lows yesterday at one stage the law two, dollars fifty, seven, a closet toodle seventy one, point three, it's up two percent of the minute. Two hundred seventy six is what you WANNA theory else full length is up three point five, six percent off the being down one point out yesterday we are eleven and twelve cents holding again above that ten dollars, he's a story of the day thus far. Off Donald, my scans Adema scans across the markets that I like to try. On the full list full scan, it's Now seeing green lit up everywhere at the moment really really is a positive looking stopped to the dialogue full of so other continues to kick on. But if you look at the daily shots, there is a potential for lot of these dialing shots to have a high low in a bitcoins already continued movie it's dominated. than any of the others as far as moving. Hi, this way cerium look give if we can get above three ninety point seven, one, the high blood of high lows, but they'll be. Then we'll have an uptrend
2-Day Cradles On Offer XTZPERP
"Have a few things that are interesting from where I stand right now the the markets on the to dive back into the crowd sign on both on. Bitcoin. On the day and we got little bullish channels I should say in the crowd on Bitcoin are theory on exile. On. bitcoin cash on lot coin nobody it's they cod Donna not so much Braun Ales and link. Now that doesn't mean tried them at all as is the one I like the most guy will look at that against the federal looking really really good their. Loss way we saw pullback on Bitcoin. The first time in what one, two, three, four wakes down two point, two, five percent, and like I sort of hinted or touched on last week there is potential full further downside I try to get back to ten thousand wouldn't be out of the wouldn't stretch it. It's it's still had a very big moment. Now's extended on those moving averages massively, but it has you know I. It is outside of those moving averages. Snap back or pullback. Into those averages in a healthy looking trans wouldn't be outside of the realms of positivity. Breakout through the hive yesterday, which is only eleven seven to five that much are a little bit more strength. A bitcoin suddenly have that four hour trend. Looking much more bullish and I'm hopeful to say that today and give us some conditions for further upside throughout the wake. Across the market, many of these markets have. Indeed had a pullback and opportunities may present themselves. So that those, it know how to trade the cradle pullbacks on that to date going to have a little bit customer scan. That's what I liked. The most others noise little to date candle for the moment. Eleven thousand, six, hundred, thirty, four on. Bitcoin right now theory look I said on that some. Tonight's back into weeklies very extended three, hundred, ninety dollars and eleven cents down point two percent loss weight. We saw pullback GNAWING, ten percent. A ten percent pullback on third not. No surprise really author had had such a stellar onto the outside, not really too much for me at the moment wants a guy want to see the highs of the weekend with talking about? Three Ninety seven thirty six, ultimately I WANNA take full hundred that allow the four hour timeframe backing up trying to pull back into that four hundred level will be worthwhile considering. X is a twenty, nine point three cents down off percents today during the week down where loss weight down six, point six, three, percent, the four hour I wanna say break above twenty nine cents and then we'll have that uptrend in motion nothing that familiar bitcoin cash very similar. It's GonNa break the high of two hundred, eighty dollars sixty five that four hour to get back into the motion on the wake lost weight. We saw pullback the level to seventy, five, sixty five, which was all resistance within that channel that we help a months. It was down seven point eight percent it has tested that level right now. The two-day of a bullish candle cradles on, but it's a very messy looking chart. Lot Coin has bullish candle in the crowd on the on the two-day I wanNA save breakout three, sixty, one, sixty I that will have us with a mental following backstory Cried I gotta be honest demolished we did have a wake pullback last week down five point five percent right now not much else that may on lot coin based Vail's thirteen percent down. I don't really like anything about this the right now. To the long saw potential for shorts guy. Is still going to get better clarity for me though at this moment in time one, only three right now on the. Don is also come off. When I look at this way, we've had the most bearish weekly across all these lakes, the moving average. The ten has now cooled back up the price. We down twelve point, six, percent loss were sitting at twelve cents flat. And A MACHO SIPA MAY ON COW Donna. Barnett's lost week pullback seven percent. That trend is still very much emotion there on that weekly I do like the look of it to be fair I just needed to do a little bit more to twenty one dollars ninety three rot now. Else another one here on to die, Looks Very Austin David Abolish Channel News to break the high of three dollars thirty nine. Then, we'll have that in action further up saw potential looking more lockley lost weight. We did once again say fourteen point four percent not surprise considering it did have a fairly strong move to the upside throughout the week before. Rounding out the top ten is link right now in link last week did have a twenty percent pool by now down one point eight percent at Fourteen Dole is ninety a guy not surprising considering the Gusto in which it moved to the upside. So right now, a guidance really about watching these high watching the the high timeframe's really. Looking out for opportunities might present themselves. A couple of opportunities hard times like with token to sort of markets but it does look clock Ignatz just work itself out a little bit say what it wants to do it's not shiny. Any real amazing strength thraw now I'M GONNA patiently waiting to stay with the next move is and just take
LINK Crossed With BTC My Favourite
"Just had the new candles clothes orphan they. I should say five percent on yesterday closing at eleven thousand, seven, hundred, sixty, three, dollars, five percent once one knock that out the window that's the biggest move. The we've had next to the eleven point two, five percent that we saw. That's the biggest moves back on the first of June. So it's not significant ladies and gentlemen it is not insignificant at all saving and push on three bright the highs get above twelve thousand and really stop this pump moving. I was sore theory that I closing up as well to when I sent. It closed at four one the first time its theorems closed above full hundred dollars in this most recent run the I close above four hundred dollars since. Y on even know when the child I'm looking at federal shot. Now, I haven't got data that goes back that far. So it's been a while it's been a wall are also looking really you I for a two is sitting at rotten out. Superb looking knock it there on a theory just doesn't want to slow down I. WanNa see that four hour kick on a bit more. EXA Pay. Off The point four percent, the old quiet shave this one x updates sitting at thirty cents on the dealing rotten out closed just above thirty cents a guy in another market, the close above a significant level So we'll see how that goes throughout the day bitcoin cash. We'll get closed up one point seven percent as well. And? It's Five one five at the minute. So nothing too crazy out of the out of the rooms above. Madness, it's a lot cleanwater, fifty, nine bucks art we closed. Up Two point one percent yesterday. It was up two point seven, five them with sitting at two, hundred, thirty, three dollars, seventy six in what looks to be potentially the beginning of a very bullish day across the dymock it's called Donna was down point seven a little bit stock Dick Donna with hanging around that fourteen percent mark. The minute needs to do a little bit more from honest finance number two as far as liquids. So as far as moves went yesterday bitcoin being the number one bonnets to full point three percent closing at twenty three to twenty seven very nice up and shot that actually waiting pullbacks. Three dollars and seven we closed up point six today link. Well, it closed down two point six non but a tell you what I'll tell you. One thing it's looking very, very nice and if you look at Link Bitcoin, let me just check now to make sure did give me a not for its in the cradle. On the our China Link Bitcoin. China bitcoin that is one that on stoking today very very closely yesterday got filled on hominy. Hominy US Dollah Tetra. Longtime position on the daily looking quite Nas I. got a really solid move out of the candle back on the sixteenth of July and. That I was up nine point, three percent. So sitting pretty there hopefully should be just about a Ramli one to one tie. It's very I think moderate actually got the just boy visual sense to check the account. because. Look. In Arkansas you a couple of things that are really important that you're GONNA to have to learn in these next bull run. It's not gonNA come from May telling you what to do. It's GonNa come for me telling you what others done. Yet accurate member. WHO Was it back in two thousand eighteen? And this chat was A. Look to be honest with you saw two, thousand, nine, hundred, he he came to my law, of course, the two day. event. Honestly. He had a really bad attitude about writing I I really truthfully he came I got on a street is I. Don't know why because he was so maybe he was looking for help but he was looking for that inspiration a diary night but he was so insult, he was so negative about trading. He was telling me that hey, couldn't try it. He didn't think he could be tried. And The pull back I'm thinking how do you get to this point and I realize what he was doing was was trading what he was doing what he thought was trading but he was punting he was just putting away had no strategy syndicate? Will you know he's off interesting for wall of I'm not sure can be tried of lava. We'll you need some structure because I do I said Okay we'll wrought down. On a piece of pipe you strategy. Tell me what it is. Tell tell me what you're looking for. and. He said all I don't really know I feel that I am looking for certain things and what are they said things write them down. And he couldn't. They couldn't brought down anything. It couldn't even Dan one. One element of a checklist and I'm not saying that checklist of the to do it, but if you don't know you strategy. What are you doing? What are you doing? You ponting. Don't do it. You lose you will lose money you will lose money.
Apple still #1: podcast listening via mobile apps
"If you thought apple was under pressure from spotify. Lipson. The largest paid podcast host in the world says otherwise from their official PODCAST, the feed, Pero, Walsh, the big dog in aggregate are APPs is still apple with apple podcast and itunes coming in at sixty eight point two percent of all downloads for June, which is up a bit from April Sixty six point five. So. Yeah. The death of apples podcasts is been greatly overstated. Another stat from Lipson is the only not point two five percent of podcast to listen to on a smart speaker. Tom. Webster. Has Thoughts about that. We linked to them from our show notes and newsletter today. For advertising how well do podcasts convert pod sites has posted their conversion benchmark reports based on one point two, billion Ad Impressions from twenty eight, Million Dollars Worth of advertising podcasting convert significantly better than social media they say an embedded ads were twice as well as dynamically inserted ones. Dylan, pugh spotify's former head of podcast monetization in London has launched his own sports and lifestyle podcast company Komodo launched at the end of July the first podcast is all about themselves Komodo the startup journey, it's hosted on Spree Cup. Pot chaser has added the ability to connect your twitter account to discover new podcasts and friends listen and audio production company London is looking for podcast producers. You'll find that pod jobs dot net ads ways has added additional targeting for podcast advertisers who use their programmatic advertising platform podcast Garden, company that promised free. Unlimited web hosting has surprise suddenly gone off line the company last posted on twitter or facebook in. December. It hosted at least two hundred podcasts. Arabic podcast platform podium has to seed funding round of Eight, hundred, thousand dollars. They've launched ten new shows which will be exclusive to podiums APP for the first two months and podcast. Makes podcasts out of news websites according to a writer willing to. And in Paul Cost News here's Conan. O'Brien guess what my podcast was not supposed to come back until September. But surprise my new season starts this Monday August third today podcast junkies interviews. Dave. Zohrab. From charitable and previously on we fakes space junk and so left leftovers flirting helpless and space. We fix space jam returns on August. It's a comedy fiction podcast recorded entirely in lockdown and parts of the fable and folly network,
Why Did the T. Rex Have Such Tiny Arms?
"With a name that literally means tyrant Lizard King You'd assume that tyrannosaurus rex would get a bit more respect, but the giant predators disproportionately small arms have been the subject of ridicule for decades there are also a scientific puzzle more than one hundred years after discovery of this species, experts still don't know why huge animal one that could reach lengths of forty feet, or twelve meters, or more had four limbs. That were much longer. Longer than an adult humans, if the arms were limp muscle free pegues, it'd be easy to assume that they serve no purpose. However, the evidence hints at a more complicated story, a few studies have argued that judge by the muscle scars left behind on T. rex limb bones, a full grown dinosaur could curl more than two hundred and twenty pounds or one hundred kilograms with each one of their biceps then again. This isn't as impressive as it sounds. Thomas R Holtz of vertebrate paleontologist at the University of Maryland tells us that some people like to overrate Tirana sources upper body strength that figure from before only translates to about one point. Two five percent of the dinosaurs total body weight, which may have been in the ballpark of around eight tons or eight thousand kilograms. Holt says that's like a two hundred pound or ninety kilogram man proud. Proud of the ability to curl two point, five pounds or one kilogram on these grounds, a few experts have concluded that tyrannosaurus arms were either functionless or seldom used, but not all paleontologists by this idea for his money. Kenneth Carpenter of UTAH. State University thinks the little limbs made great hunting tools in two thousand, eight, he and fellow paleontologist Christine. Lipkin impaired the five to source rex wishbones. For years that were known to science at the time shaped like a giant boomerang. Sits between the shoulder blades, three of the five wishbones that carpenter and Lipkin studied show, telltale signs of injury, among these were stress fractures, which must have re healed in life. So, what does this mean well? According to carpenter? The fore limbs were subjected to a great deal of repetitive stress, which was not uniform or steady, instead there were moments of extraordinarily great force applied to the arms. The likely explanation is that t rex used its fore limbs to grab hold of large struggling prey, a plus sized thrashing victim could easily fracture the carnivores, wishbone, or at least tear a few arm. Arm Muscles loose other ideas about the purpose of T.. REX arms have nothing to do with subduing victims. One School of thought involves naptime perhaps after a good night's sleep. Taran disorders use those arms to push itself up off the ground, or maybe they had a sexier function. Henry Fairfield Osborn the paleontologist who named the species back in nineteen o five believed that males used their four limbs to grab hold of their mates as Holtz and others have admitted. There simply isn't enough evidence at this time to conclusively refute or verify any of these notions, such is often the nature of paleontology.
Why we need a Congressionally Created National Health Care Reform Commission
"Welcome to the healthcare policy podcast on the host David Intra Cosso. During. This podcast saw discussed with Mr. Randy ostrow, president and CEO Pro-meta and Ohio based nonprofit healthcare system. Efforts to create a congressionally mandated National Health Care Reform Commission. Miss Joe Stra. Welcome to the program. Missed oestrus bio is of course posted on the podcast website. On background. The current public health emergency brings into stark relief, US healthcare's ineffectiveness. I've noted previously with four point, two five percent of the world's population us currently accounts for twenty six percent of worldwide Kobe, nineteen infections and deaths. Black American Cova deaths and hospitalizations are respectively two point five and four times greater than American whites. Concerning our response to date harbor widely cited global health professor. A she's jaw was quoted yesterday stating we may end up being the worst of any country in the world in terms of our response. Despite outspending all other always OECD countries to to one currently at four trillion annually, the effects of the pandemic is having should not altogether unexpected. In, the first major attempt to rank performance in two thousand, the World Health, organization listed US healthcare thirty seven, the world immediately after the Czech Republic and Jamaica. More recently twenty seventeen Commonwealth Fund ranked US healthcare's performance last among eleven, comparatively wealthy countries. With a current projected toll over two hundred thousand by October one. The question begged is what will federal policymakers learn from this experience more specifically. What will they do to reform? How healthcare is defined delivered and financed. With me again to discuss efforts to create a congressionally mandated national health care reform. Commission is chromatic. CEO Randy Oestra. For purposes of full disclosure I've been working with Primerica in advocating before the Congress on this issue. So to begin Randall, let me ask you if you could provide a brief overview of pro-meta. Sure. Was a traditional integrated delivery system regional and an integrated system. We had hospitals. and. Doctors had an insurance company and then so we were several billion dollars in revenue primarily. Ohio sawfish Michigan and then about ten years ago. through. A variety of of interactions became very focused on of the hunger in the health issues, good as security that really less in spending a decade Fox's on the social determinants of health and a lot of experience. A lot of stories could tell as we talked to organizations around the country that have that were forever covering. We were probably the first houses than they ever talk to them. They said you know. What are you doing here? And then the next special as we're in the of bed and really it's been quite a journey of. Over two years ago while we purchase largest for profit, senior companies in the United States cold hr matter. And so today we would call ourselves the health and wellbeing company We're around. You know just in broad terms of seven billion dollars innovation we, we work in twenty eight states, and really the whole idea is about that. How do you integrate? Things, we do clinically with the things that immediately drafts from a social economic standpoint. You ready records some of that code, and then hot that translate into healthy aging, and all the things that go with it, some of the inequities in healthcare from the inequities treatments, and so we set back from an looking for model in healthcare in realize that we're ought to relieve wrong, pat. We Really Kinda Organization. Try to embark. Do APP, and that's his house voting folks. Okay thank you. Let's go specific to of a national commission, so let me begin with the substantive question, and that is in your experience. What would you say are the three or so overriding structural problems or challenges? Confronting Health Care Delivery and financing today. Yeah I think it's actually a a US question while. You know the American healthcare mile was a mess. I. Think you know that's real clear and I think when you look at the statistics have to go too far whether it's you know the back that we're headed toward ninety percent of the gross domestic. Product by twenty twenty five the statistic. Thank you get already cited from the OECD. Ranked in the world
Chainlink The Mover
"The good news is well. Not a great deal on good news, a not not a great deals actually occurred across the markets of light. Today. We've actually got a little bit of take in what's going on with Bitcoin and the rest of the market. We'll talk you through a couple of things. I'm saying right now. There's not a great deal within that. Top Ten buffet looking at Bitcoin now look the whole week last week. As today is Monday. Obviously, the entire wake ended up closing down half of one percent. Now that's not much. Not much at all and the entire range, and he he's what's interesting. The fact that it close down half a percent. Look that he's a little bit interesting on expose, but it's more about the entire range of that candle that the range of that entire candle. Let me tell you what that is. It is from it's hard to. It's low, roughly calculated their. Seven point three six percent. Very little indeed now. You think that's still sounds like a lot and I. I suppose the IT sounds like a lot, but you know you go back to the wake. Starting was early June first of. That was a twelve percent week. Yeah, we'll look at last week. Even last week was a little bit big. Not a great deal bigger eleven percent there as well. You can't okay going. Back to the end of my, we had thirteen percent week and we've the wakes that we see. Also of between usually ten and twenty percent realistically, that's what we that's what we see. The vilatility has dried up for the Hong Bang on Bitcoin. Now yesterday we closed down point seven five a percent today without point nine does not a great deal going on he in this market for the time they were one thousand, three hundred and. Seventy took a kite. So north thousand three, hundred, seventy two. Bitcoin right now now the positive is is holding its ground. It's holding above nine thousand, having too many issues holding of thousand and it's grinding. You know it's just hanging in there. That's a positive thing it. It doesn't site too much full whether we can your high or law at this stage the weekly. Look it's back in. That cradles I. Know It's looking a definitely. Definitely more bullish and bearish on the weekly timeframe, and I'm looking at as I speak to you, but it's a little bit more convincing for me to to really say this market take often do well a theorems that are pretty good diet cost talk tense up the most two point, five percent up two hundred, thirty three dollars, or seventeen sense now theory and loss. Really Nice quickly Cana. By the way, it's a really really really really trendy so theory and looked a lot stronger to me than what Bitcoin does for. The Time Bang lost weight down one point six seven percent not huge cannon NAS pullback. Cradles looking very very good. It's a two thirty three is up two point five six percent eighteen point seven percent off point, one of the percent rotten lost weight once guy. It was down down two point. Two five percent excel pays actually looking bearish It's looking bearish to me. It has been for quite some taller rolling over at the moment on that weekly timeframe, but again we need to say when eighty see above twenty cents again to get that momentum. Moving would be a really really powerful thing, not much going on for up. Hey, right now, bitcoin cash to sent up right now at two thirty seven fives, interesting bitcoin cash Theory by very similarly similarly similar I can't talk. Signed Price. It's up Senate to thirty, four, seventy five lost weight, just talk to the weekly a dying. We would down three percent on the best up one point three four percents tonight, one, seventy, two, seventy, five, a bright down through some support loss weight loss weeks down full point ignored percent. It's holding below that that level that one seven six a couple of support resistance levels around here. Look don't really shot that I'm looking for opportunities on right now. Because I just don't see the trend banks strong enough the daily nineties down, but it's not strong, still very solid, wise lot, coin, solid, wise one point to set up at forty three dollars and fifty cents. Does that represent good value Guy Looking very similar to that of exile they were. We don't have that strong trend like we do with say ethereal on the fifty three cents up exactly one percent and loss week it was down, but only down to him again, just grinding at going their bonnets very slow wake as well it was down three point six two percent, the sixteen dollars and sixteen cents up one point three percent when I say how. The since the purchase of see 'EM, say bond hasn't really done a great deal. Positive for itself as far as price goes The market doesn't seem to be doing much on bonaventure at the moment Kadhafi up two percent right now still in that strong uptrend. The weekly yet it closed up up two point two percent weekly Chat, looking very very strong dial job still hanging in that not much going on at seven point, nine cents does up two percent, a theory classic, very very slow wake a guide as I'm sure you probably will away down one point six percent sitting at six dollars twenty four. Point seven percent today again. It's a very very slow shot tron. One point five nine cents last week. It deploys down Anita. Percent Died. My view right now, is it? A theory is the best looking shot out of our top ten right now. That weekly chart is really really daily I WANNA. See it captures some mole momentum. WanNa see the high timeframe start start the mid timeframe trend a little bit better. We've got high alone a high a high now on a theory. If you WANNA have look five shot at there at the moment, we'll tell you what it is. It's It's lot co also blocking. It's China link. Child Link Perpetual, so that's a futures contract. They're gonNA have a look at that on earth ticks shot beautiful, little breakout this morning waiting for pull bikes that really nice looking trend there on that four hour the dailies now going to self in an option, and it looks really really good for move. If I look at the weekly as well it's was bullish Cadillac six percent last week. Bullish candle in the criminals are in broken hot today, a runic look set for a very strong mode, so my view. Ma Positioning right now to be watching link very very closely
Texas Supreme Court blocks vote-by-mail expansion to those lacking immunity to the coronavirus
"Texas governor Greg Abbott says all the coronavirus numbers are looking good the state is testing twenty thousand people a day the positivity rate remains low the seven day positivity rate is five point two five percent that's about one third of what it was in April and proof that Texas has contain the virus there are over fifty four thousand five hundred cases of cobit nineteen in Texas with over fifteen hundred deaths in the US the death toll has surpassed one hundred thousand and less than four
Asian stocks up on hopes for vaccine and economies reopening
"Thanks in Asia stocks posted their biggest gain in more than three weeks we get the recap from Bloomberg's Juliette Sally in Singapore good morning I think hard Estrellita Japanese stocks closed at their highest levels in ten weeks on the vaccine hopes but softbank shares came under pressure in Tokyo as the company closed in on a deal to sell about twenty billion dollars of it still can T. mobile China's CSI three hundred up eight tenths of one percent south Korea's KOSPI up more than two percent airline stocks in Seoul receiving a boost as plane travel creeps back with bubble cardinals in currencies the Indonesian rupiah strengthened after the central bank may cut rates to four point two five percent well the Taiwan dollar snapped its longest losing streak in six weeks and India's replaced up to three days of losses as the dollar weakened amid the risk on
The Fed takes emergency measures to protect US economy
"I'm Anthony Davis. Us Federal Reserve took massive emergency action yesterday to help the economy withstand the corona virus by slashing its benchmark interest rates to near zero and said it would by seven hundred billion dollars in treasury and mortgage loans the Fed surprise announcement signalled. Its worry that the viral outbreak will depress economic growth. In coming months and that it's prepared to do whatever it can to counter the risks. It cut its key. Rate by a full percentage point to arrange between zero point two five percent and said it would keep it there until it feels confident that the economy can survive sudden shutdown of economic activity in the United States. The Fed is also joining in coordinated global action with the Bank of Canada. The Bank of England's the Bank of Japan the European Central Bank and the Swiss National Bank to provide cheap dollar credit to banks.
Bank of England Cuts Rates to Protect Economy From Virus
"Asian shares declined but European indexes opened higher is governments ramp up aid for a condom is reeling from the virus outbreak Wall Street turned lower after yesterday's jump the Dow futures down more than four hundred points the bank of England is cutting its key interest rate by half a percentage point to point two five percent as an emergency measure in response to the virus the central bank said the effect of the new coronavirus on the British economy could be significant with activity likely to weaken materially in the
"two five percent" Discussed on KFI AM 640
"One two five percent from owning dot com the other weather brought you by I accident lawyer dot com cloudy and cool today highs in the sixties there's a work zone in bell gardens now the slowing things down on the C. ten this is actually on the seven ten seven ten yep numbers happen to say seven ten north town for Florence to Atlantic Caltrans could we take away the three right lanes until eleven this evening watch first of stop and go traffic from Firestone Baldwin park we have good news earlier crash that was on the ten westbound at Frasier well it's been cleared from the lanes but the damage is done you're still seeing a six minute delay from point a candid riverside this is on the ninety one eastbound right after Adams clean up crews from an earlier crash in the two left lanes there you drive is slow from Van Buren this report is sponsored by rocket mortgage by quicken loans okay if I had this guy helps get you there faster I'm Brian Vance settlements alert three point three nine five million for motorcycle victim suffering severe injury to left ankle rib fracture injury one attorney Robert only results very not guarantee I will be a filter yielding the time exit homeless more than house it's the feeling of open roads in blue sky rocket mortgages millions of Americans finance the home of their dreams and they can help you to rocket mortgage push button get mortgage made in New York can not be seen in China today the must see performance Jan you coming back to greater L. April third sold out eight years straight and it won't be long before it sells out again good extortion noon a touch of heaven incredible open spirit groundbreaking and timeless performance this is your chance to see it in Costa mesa Long Beach North Beach thousand oaks in Claremont tickets are genuine dot com slash LA S. H. E. N. Y. U. N. dot com slash LA the powerful performance gives you five thousand years.
Addicted To Sugar? This Doctor Says It's 'The New Tobacco'
"Food there's a teaspoon of sugar and every table spoon of ketchup our next guest says on food is been adulterated poisoned and he's not kidding he says sugar plays a central role in health problems including an epidemic of obesity in infants as young as six months that it's as dangerous as smoking or abuse of alcohol and if you doing The New York Times seven day sugar challenge they say even grapes and bananas have too much sugar Dr Robert listing is professor of pediatric and technology at the university of California San Francisco Dr rod of people no sugar is in health food why is it so dangerous well so people think that sugar is just empty calories and they think well you get some discretionary calories during the day so why can't they be sugar well if sugar we're just calories then they'd be right except they're wrong because different calories in foods are burned and of the absorb digestive metabolized in different ways and do different things and contribute to different diseases so I just want underscore what you said because the rule has always been calories in calories out you've got to burn it off somewhere in the middle and you are saying again that is not true what do sugar calories do right so why are sugar calories so different well they're different for three reasons the first is when sugar is absorbed it goes to the liver and the liver gets overwhelmed because it has a limited capacity to metabolize it just like it has a limited capacity metabolize alcohol just like it has a limited capacity to metabolize many of the toxins that we take in you know because your liver is the detoxification center of your body it has a limited capacity for being able to deal with sugar when you overwhelm it the liver has no choice but to take the access and turn it into a liver fat and that liver fat is the driver of virtually every chronic disease that we are now currently suffering from that's gone up in time so type two diabetes liver problems hypertension cardiovascular disease cancer dementia non alcoholic fatty liver disease poly cystic ovarian disease all being driven by liver fat in the liver fat is because of the ship and so you can basically have alcoholic fatty liver disease if your over twenty one we can of non alcoholic fatty liver disease and it doesn't make a difference because they are identical and so we have done several liver transplants in soda drinkers you know teenagers soda drinkers transplants the insidiousness of sodas and I got a you know this is why I am one of those people I pride myself I don't drink coffee but I picked up a little bit of a soda habit and it's just appalling to think of how well and it's an addiction it's not it's an addiction and you know anybody who says you know I have this horrible sweet tooth that's sugar addiction yeah so sugar is objective in the same way as alcohol in the same way as nicotine cocaine amphetamine heroin shopping gambling social media internet **** all of these stimulate the same area of the brain called the reward center the nucleus accumbens anything that causes the release of dopamine is in the extreme addictive well when you call this the coca Cola conspiracy because you say it's not by accident it's not just that there's a ton of caffeine added to this so it is that makes you then Pete pardon my in elegance they also add salt so the combination makes you thirsty ear so you drink read more exactly so they know what they're doing do you have to put salt in coke there used to be a Cola called royal crown Cola didn't have any salt in it the coca Cola knocked them out of the park but the fact is you don't have to put salt and soda so this is by design well and then fructose was sold to us as more natural sugar it's this is in you know corn and beats and and and such but as you point out one of things I do is I think does which is added to just about everything is stripped the fiber out of it so that has a longer shelf life so it has absolutely none of that benefit and why is from toes as bad as sugar so first of all sugar is two molecules down together glucose and fructose now glucose is not all that bad so great but it's not that bad however fructose because it is metabolized into that liver fat in the liver that's where the problem comes in in addition structures starts the aging reaction it causes what we call caramelization it's the reason for wrinkles is the reason for cataracts this aging reaction this Browning reaction and fructose does it seven times faster than glucose and now we have learned through work done at Joslin diabetes center that truck tows specifically inhibits the mitochondrial enzyme that causes those mitochondria to burn less well which probably is one of the reasons for the persistent weight gain and also chronic disease and the glucose doesn't do that so there are some very specific differences between these two molecules however when you consume any form of sugar whether it's sucrose which is table sugar cane sugar beet sugar the stuff you put your coffee or high fructose corn syrup or honey where maple syrup Oregon eight doesn't matter you are getting one of each molecule and soak sugar is a problem because of the fructose molecules look we we have just a couple minutes left I urge people to watch your lecture but you try a direct line from the state we're in today to the health industry and the government may nineteen eighty two we were told to cut out fats and so everybody went to cards and of course cars are filled with all the sugar that you're talking about and by the way obesity went off when we cut out fats and went to cards you go back to Nixon in the early nineteen seventies who there was a political crisis food was too expensive he directed his agriculture department to cheapen it which they did by adding a lot of these you know corn syrup products you call for hello Sir yeah you called **** toes poison and one would ask why would our own FDA regulated poison well one of our biggest exports is our food of course the food industry pushes back on the your claims in the claims of others but people know what they can see with their own eyes they don't feel well they see their children are overweight a lot of people our age are doing things like The New York Times seven day sugar challenge trying to cut back the first day you know sugar at breakfast how would you help people do this given that it is so addictive and it is so everywhere right so I will be very honest with you we will not solve this problem until the food industry solves it for us and they have no interest in doing so because this is their gravy train this is their job or this is how they went from one percent gross profit margin two five percent gross profit margin in the span of three decades this is their livelihood and they're not gonna do anything they don't have to do and unfortunately the governments in bed with them because they're making fifty six billion dollars a year off export tariffs off our food so the only way we are going to fix this problem is when there are more votes than dollars and right now we're just beginning to you know get some traction in the general public for this issue of food having said that people need to understand what the problem is they don't have to understand the difference between processed food and real food and the difference is processed food is high sugar low fiber hi sugar for palatability low fiber for shelf life real food is low sugar high fiber real food works processed food doesn't process food kills because of these issues and we could repeat could fix this tomorrow if we want to ship the problem is because sugar is addictive people don't want to he one of the saddest things in your lecture is you talk about children who have the serious health issues now that are traced to the juices that they're given and these are low income children the juices come to them to the government wick program exactly right it's going to be tough for you to see those children impossible it's you know breaks your heart you know the fact of matter is these kids are victims and we know who the perpetrators are and the fact is you know the the parents don't understand and so it promulgates itself you know the fact is what mothers eight during pregnancy ultimately impact on the number of fat cells children born wish and those vessels wanna get filled so these kids didn't have a chance even before they were born never mind afterwards I mean how do you blame a six month old for obesity in fact the matter is we have a problem and we have to address it and no one
"two five percent" Discussed on AP News
"Two five percent the receive a discount rate cut across information intelligence because like license in all fifty states and what number thirty three he peed digital news network a newly released secret service study on deadly attacks in school finds many suspects the showed warning signs AP correspondent Jennifer king reports a study by the secret service's national threat assessment center look to deadly school attacks from two thousand eight to twenty seventeen the study found that most students who commit such attacks were badly bullied had a history of disciplinary trouble and their behavior concerned others but wasn't reported many were absent from school before the attack often through school suspension the head of the national threat assessment center Lena Alex sorry tells the AP the majority of these incidents are preventable researchers hope the information gleaned from the report will help train school officials and law enforcement on how to better identify students who may be planning an attack and how to stop them before they strike Jennifer king Washington Japanese automaker Honda is reporting a six point seven percent decline in profit in the second quarter days after Japanese rival Toyota reported its sales grew in key global regions hi this is its profit in the July through September period totaled one hundred ninety six point five billion yen or one point eight billion US dollars vehicle and motorcycle sales slipped and an unfavorable exchange rate hurt earnings how does quarterly sales fell two point nine percent as auto sales declined in the US Japan and the rest of Asia and Europe the company says higher income tax expenses also hurt results the Tokyo based company lowered its full year profit forecast through March twenty twenty two five hundred seventy five billion yen or five point two billion US dollars for the six hundred forty five billion yen given in August a Chinese maker of rabies vaccine which lost its production licenses last year because of a quality scandal has been declared bankrupt Chang Chong Chang hsin life sciences was fine nine point one billion you on or one point three billion US dollars after regulators that used expired materials mix different batches of products and fill the test them properly before destroying records to conceal its misconduct no injuries were reported but authorities recall the company's products from China and foreign markets in a statement the company now says the court issued a bankruptcy whirling after concluding it was insolvent and couldn't pay its debts transcript ascribe trade I'm to a wider than a P. newsman in transcripts released today by the impeachment enquiring armor colonel Alexander been been told the committee is there was no ambiguity president trump's deal with Ukraine was a straight out trade an oval office visit in exchange for a public investigation into Joe Biden and his son trump says the inquire re hasn't heard and put in no cases of I've been hurt in no case is that I see have I been hurt trump's lawyer say they'll ask the Supreme Court next week to hear an appeal of lower court rulings allowing New York state prosecutors to obtain his tax records as part of a criminal investigation I was court of appeals rules against Benjamin Shriver serving life for beating a man to death in nineteen ninety seven he claimed he fulfilled his life sentence after dying five times during a health emergency the appeals court upheld a lower court ruling saying Schreiber's either live in which case he must remain in prison or he is dead in which case this appeal is moot I'm Tim acquire AP digital news back in a moment hi I'm Jay Farner CEO of quicken loans thirty percent of Americans who are planning home improvements of five thousand dollars or more will pay for those renovations with a high interest credit card.
"two five percent" Discussed on KLBJ 590AM
"A one point two five percent be receive the discount rate all the consecration intelligence because when it wasn't up to six and one hundred thirty we'll break for little son will have a high of seventy eight then mostly cloudy tonight a chance for a shower low sixty four from the weather center I'm heather's air this it was seven forty six Todd Jeffries and don prior I broke your heart Boston mayor Steve Allen's got more to say this morning about what he's not doing and what he is thinking about doing what he could do what his feelings are when it comes to the homeless what we need to do we'll get into that in just a minute so represent of Jim Jordan he may be appointed temporarily to the intelligence committee that's leading this public impeachment inquiry he's kind of been a pit bull of defending the president of the past couple of years out he was on fox just a few minutes ago congressman Jim Jordan is essentially let GOP efforts in the closed door impeachment proceedings thus far and he joins us now good morning to you thanks for being with all born if you're currently an oversight there's a I think you might be moved temporarily to the intelligence committee yeah question Adam Schiff potentially or other on about yourself we'll see that that's a that's a call for leaving the car they do that because you're well I mean that that that's again that that's a Kevin lead McCarthy's call if if if Kevin and and ensure that ranking member Nunez want that to happen that that helps I just wanna help our team I would help the countries see the truth here that present from did do anything wrong and what the Democrats are doing is partisan it's unfair and frankly it's ridiculous particularly the way they went about with the secret meetings in the bunker in the basement of a half an yesterday the Democrats released partial transaction is going to be drug trip trip through this week to try to establish a narrative that the presence of bad guy you know this all got started the Ukrainian thing with this whistleblower who told a story that was leaked that turned out not to be true and now I know your side says we should hear from the whistle blower I mean one of the ways you determine someone's credibility determine if there's what their motivation is what kind of biases they may have is they need to be under all state could stand what they're writing under oath answering your questions and frankly the position we have is the same position and ship had six weeks ago remember when the when this first happened and chips and we need to hear from the whistleblower and then six weeks later is is a no no we don't one thing happened in that six week time frame mainly we learned Adam Schiff staff had met with the whistleblower one set that came out all we suddenly change your story but this is the idea that we're gonna be to president less than twelve months before the next election based on anonymous whistle blower with no first hand knowledge was a bias against the present who work with Joe Biden is ridiculous and the fact that we don't get the question under oath and determine what kind of what kind of biases they may have one is willing to answer written questions yeah that's not gonna fly that is just not gonna fly he's at if you want to come in because I I get it just right what I said you want to be a look as individual may I ask some questions and see see how they respond in the moment answering those important questions that I think not just members of Congress have more poorly the sixty three million Americans and frankly all three hundred million Americans who are the Democrats are trying to overturn the election is here that's representative Jim Jordan on fox and friends just a few minutes ago he's he's spot on man he's absolutely right the public should get a chance to see the whistle blower answering your questions live on TV Democrats don't want to do that because they're afraid that they'll have a very similar situation as the bright capitals case without Blasi for just crumbling of the pressure on TV I think we're looking like a full and totally backfiring on that's what they're afraid of is a backfire well this they're trying to stick to the script as opposed to trying to find facts and reality they tried to they're trying to sway it that the politics is just losing out of their ears well I mean they they were basically what is good for the American people is bad for their agenda and I wish that debt now trade galley former congressman is involved with this is well he's assisting truck with this I wish she was heading this up personally he is an absolute maniac and I I think that he would just eat people alive and I'm glad he's involved I mean don't question out there in regards to our homeless crisis here in the city of Austin and I'm thinking maybe we should stop calling it a homeless crisis and more of a drug alcohol and mental health crisis in a dead beat crisis because we've learned from ma many homeless folks this morning that we've talked to the fox network is talk to that Todd they should they speak very well they can put sentences together they have all reasonable thoughts they are employable but have chosen to just check out yeah exactly so what's not a crisis we don't have a homeless crisis we got an alcohol crisis we get a drug addiction mental health and dead be crisis resulting we got more things falling underneath the umbrella of the homeless issue right result mayor Steve Adler was on fox network we may we made national news he tells fox this morning that he intends to provide housing for all who need it so could build it and they will come you know there's a homeless challenge.
"two five percent" Discussed on WCBM 680 AM
"Point two five percent fee to receive the discount rate all the cost information and conditions because one license in all fifty states and one hundred thirty thirty IBM this time six oh three I'm Michael philatelic in the six eighty W. CB Amerila news center with the headlines making news this hour a pair of unknown arm suspect robbed a mountain road Pasadena gas station this morning around five twenty a clerk injured one had a knife the other had a gun the suspect with the gun hit the clerk with his weapon and demanded money after the clerk complied both suspects fled in an unknown vehicle one dead from a wrong way head on collision early this morning on eastbound I. seventy near route forty in Howard County the unidentified driver crashed with two tractor trailers pronounced dead at the scene the truckers a thirty one year old from Columbus Ohio in a sixty nine year old Edward Baumgartner Thurmond hospitalized in sports Monday Night Football the six you know New England patriot's in the one in four New York Jets will meet tonight for the eighth time on a Monday night New York is the head forty three in the previous meetings at the B. and railroad museum of Baltimore sixty five and sixty four in Bali reporting at six oh four I'm Michael Phillip Ellie six eighty W. C. B. M. Nunes varicose and spider veins wow what a gift from my parents they had him and I got a and not only are they uncomfortable and sometimes painful but I stopped wearing skirts and shorts because I was embarrassed and I really hated the way my legs looked when my kids asked what are those things on your legs I was dying I finally went to vein clinics of America the procedure took about an hour and I was right back to work the staff made me feel so comfortable and the results well even my husband noticed pain clinics of America has been treating vein disease for over thirty five years they're the largest and most experienced in the U. S. look I've been doing the commercials for vein clinics for years because I really believe in them and you can trust them to so stop hiding your legs vein clinics of America accept most major insurance plans so call now to see if you qualify for a free consultation call eight.
New York Fed spends billions calming financial market.
"Coming up on the nears a Saudi offers as proof of Iran's role in oil attack and urges. US response the EU accused his Boris Johnson of only pretending ending to negotiate a brexit deal and the New York Fed spends billions to calm the financial market. It's Wednesday unstained September eighteen. I'm Anthony Davis Saudi Arabia alleged today that an attack by drones and cruise missiles on the heart of the kingdom's oil industry was unquestionably sponsored by Iran naming but not directly the accusing Tehran of launching the assault Iran denies being involved in the attack claimed by Yemeni rebels and has threatened the US that it will retaliate immediately ideally if Tehran is targeted in response the Saudi news conference comes after a summer of heightened tensions between Iran and the US over Donald Trump's unilaterally unilaterally withdrawing America from Tehran's twenty fifteen nuclear deal with world powers the kingdom has so help from international investigators is and the UN both lengthening the probe and internationalising its conclusions by stopping short of saying the missiles were launched from Iran the Kingdom mm potentially avoids the response that could lead to war among the heavyweight countries of the region and international superpower the United States the news conference took place with the backdrop of broken and burned drones and pieces of one cruise missile allegedly collected from the attacks U. S. Secretary of State. Mike pompeo arrived in Saudi Arabia today pompeo cold. The weekend strikes an act of war adding. This was an Iranian attack on on Saudi Arabia meanwhile. US President Donald Trump has named a new national security adviser to replace John Bolton Robot O'Brien. Brian has a long career in foreign policy working for both main. US parties and currently heads hostage negotiations at the State Department is Mr Trump's fourth national security advisor chief Brexit negotiator to has told Boris Johnson to stop pretending he is negotiating brexit deal amid concerns that the prime minister is not trying to reach an agreement comes comes off the reports that proposals brought to Brussels by UK negotiators amounted to the old agreement with the section on the Irish backstop simply crossed out in the text speaking in the European Parliament Michael Bonnie said almost three years after the UK referendum. I don't think we should be spending time pretending to negotiate. I think we need to move forward with determination this morning. The Supreme Court's eleven judges heard arguments on the legality of the government's Prorogation James Eighty. QC said prorogation was a well established constitutional function exercised by the executive decisions about it. It was squarely within that political or high policy area the self to noon. We heard from eighteen o Neill. QC defending Scottish courts previous ruling that the prorogation irrigation was unlawful. He argued Boris. Johnson's decision to Pirogue parliament was an improper purpose to stop him peas holding the government to account don't over brexit. He said one of the advantages of the ruling from Edinburgh was it had distance from the Westminster bubble which Lens Perspective off for the second day in a row the New York Federal Reserve injected a huge sum of money into the financial system in a bid to calm stress that has emerged in the overnight lending market the Fed today poured another seventy five billion dollars dollars into the market following a fifty three billion dollar rescue by the Fed yesterday overnight lending rates suddenly spiked and the Fed is acting to bring back down to keep markets functioning smoothly before this week. The Fed hadn't launched an operation like this since two thousand eight the fact that the Fed what is needed to pump one hundred twenty eight billion dollars into the system over the past two days shows how a crack has emerged in a seldom discussed corner of Wall Street street that is central to the global financial system. It raises concern that the Fed is losing its grip on the short term rates. The Central Bank is supposed to control oh the aim is to keep borrowing rates from climbing sharply above the Fed's target rate which was set at two percent to two point two five percent in late July the overnight lending rate spikes to a high of ten percent yesterday before the New York Fed stepped in it has since tumbled back below three percent although it remains above above the Fed's target range the spike in rates brought back bad memories of two thousand eight when this market broke down now banks a hauling in massive if prophets and have repaired their balance sheets they also benefiting from regulations that have been reversed by Donald Trump protections that were in place to prevent vent another banking crisis. You can subscribe to the news with your favorite podcast cut cost APP or enable the news as your Amazon Alexa Flash briefing skill follow us on twitter at the news underscore podcast the news this is an independent production covering politics inequality health and climate delivering honest verified and truthful World News daily.
"two five percent" Discussed on 760 KFMB Radio
"One two five percent that's right our rates and APRS match so no global rate quotes with hidden costs at only only corporation equal housing lender and MLS one seven nine seven nine seven six diari license zero two zero six thirty two seventy and Dorsen call three three eight five to sixty forty four for turned frictions fifteen your money three point one two five percent rate and APR at owning call eight five five five owning that's eight five five five W. and I NG or log on to owning dot com attention if you're in debt to the IRS and frustrated with your options for a limited time you can call and quickly check your eligibility for the fresh start programs offered by the IRS to reduce or even eliminate your tax problem through this special toll free hotline number you can find out in minutes if you qualify for these powerful new debt reduction programs green lighted by the IRS for twenty nineteen if you have on file tax returns under audit have a wager bank levy or just want to know your options business or personal. Republic tax relief eight plus rated tax relief system has helped thousands stop virus collections immediately and save millions in tax that these relief programs will not last forever call the hotline number now eight hundred six three nine forty four zero two that's eight hundred six three nine forty four zero to check your eligibility for tax debt savings today call eight hundred six three nine forty four zero two that's eight hundred six three nine forty four zero two how would you like to put an extra ten to fifteen thousand dollars in your pocket every month not that long ago Nick for two T. was struggling to make ends meet in a major debt with a wife and three girls defeat then he developed is flipping houses formula and now he's financially free as a first responder he protected countless lives in now he protects financial lives and he wants to help you for a limited time you like to give anyone that calls a free copy of his house flipping one oh one kid in.
"two five percent" Discussed on 850 WFTL
"Is teetering on recession if that's truly the problem of a two point two five percent benchmark rate fed rate if the president fully believes it needs to be cut a full point so he's talking one point two five percent correct yeah right you're talking a full what if could you eat but and and you made you made me think about that when when you just said could you imagine the fed came out and said we should cut eight you know two to one percent the one point two five percent it would be I don't know whether I have to tell you I don't know whether the stock market would crash or go up because it would be total confusion in the markets at that point because the fed the point would be although the the the the the they must know something that we don't now that there's some really truly bad economic numbers out there yeah the president a pair of tweets on Monday said that the fed should cut the the benchmark interest rate by at least a full percentage point a four point if the fed did that the markets would go crazy I mean I I don't know what kind of uncertainty there there would be in something like that because obviously the fed would have to go along the president doesn't decide what do you what rate cuts are going to be but that's the whole point that that's part of the contradicting messages we've been talking about there's no problem if you say there's any problem with the economy then it's fake news by the way the fed should cut a full percentage point it was like what you know what maybe he's looking to borrow money after the cut to buy Greenland unlike the tree that he made maybe that's the I like to treat that he put out yesterday with the building yeah I'm not going to build a trump tower there who who would two small but in a patron if the thing yeah that would be I don't know what the business model would be right there at the right yeah if you have your if you were to go full point if the fed were to decide to go a full point because that would be the president deciding but the fed decided to go full point you'd be telling the markets right now you believe it's back yeah it's going to be bad well and and that's that's the whole thing is just you shake your head saying you're you're out there saying that anybody who was talking about a recession and and and again we've we've talked about the economic numbers out there in their their concerns but if you know what when the president said that would add twenty that out a full percentage point that's the first thing that came came to minus one my god if the fed did that then you must be heading into her section you're claiming that anybody who says that is promoting fake news and then you're saying because that's almost cutting the fed rate in half.
"two five percent" Discussed on News 96.5 WDBO
"Is four point one two five percent APR four point two two percent call us today at eight hundred quicken or go to rocket mortgage dot com rates of exchange between eight percent the receive a discount rate cut across information intelligence because when it wasn't enough to states and one hundred thirty when it gets set to be in the nineties man it is so miserable and one of the worst feelings that you can ever experience is when you get home from a long day at the office or maybe a long day at school and you hit the key to your door and you walk in you think what is that feeling and you realize that the air conditioner has stopped working and that your home or condo is ridiculously warm and you know how uncomfortable you're going to be that's why you gotta remember and bookmark this site it's American air and heat dot com American hearing aids I love these guys I have been friends with them and and clients of theirs for years now when I first moved to Orlando I do use them to fix an old AC that I inherited later eventually they replace the whole home system for me and he did an amazing job at I save a whole lot of money on that monthly bill because I had a high efficiency system from American air and heat American air and heat you're gonna absolutely love the work that they do for you I promise you check it out it's American air and heat dot com bookmark that site today American air and heat dot com this is Orlando's morning news news ninety six point five W. DPO the latest breaking news from overnight with the weather and traffic every six minutes so you can get to work this is where Orlando turns burst for news weather and traffic every day on my way to work and.
Why and How Are Documents Redacted?
"Recently, the American public got its first look at special counsel, Robert Muller's to volume report on the investigation into Russian interference in the two thousand sixteen presidential election and some may have been startled to see how much of the four hundred and forty eight page document about seven point two five percents of the text. According to the news, website, FOX had been blacked out by us attorney general William bar, each blacked-out word or passage was labeled with a color coded notation indicating the legal justification for withholding that material these included potential harm to an ongoing legal matter. The need to conceal investigative techniques, personal privacy, and grand jury testimony which generally must be kept secret under rule six of the federal rules of procedure in less judge issues a waiver. The House Judiciary committee, still subpoenaed. The uncensored report and bars. Explanations didn't quell the widespread curiosity about what it was the bar decided that we shouldn't see we spoke with Michael revenue, sqi an attorney, who's an expert and the release of government documents through the freedom of information act. He said, there's something psychological about it. If you see a document with blocked out sections your eyes go to it, and you wonder what's under there. Welcome to the arcane secretive subculture of redaction, which is the practice of removing or concealing portions of documents before publication. It's a phenomenon that most ordinary Americans probably are unfamiliar with as evidenced by the four thousand percent spike in the number of searches for redact and redacted on the Miriam Webster, dictionary website, on the day that bar sent a letter to congress revealing that he would release a redacted version, a Muller's report. But attorneys journalists and historical researchers are custom to blackout spaces on documents as a consequence of dealing with sensitive, subjects redacting has long been part of government imposed secrecy. When former CIA employee Victor Marchetti and his co author, John, D Marx sought to publish a book on the CIA in the early nineteen seventies government censors who had a thirty to review the book under Marchetti employment contract. Redacted one hundred sixteen pages from the text the book was published with blank spaces showing the location of the redacted, passages decades later documents obtained using the freedom of information. Act are still sometimes riddled with blank squares over faces and photographs and black. Bars over words and sentences and sometimes entire pages. But it's not just the government in the legal world attorneys routinely. Redact portions of documents that are to be turned over during the discovery process in civil lawsuits. Those deletions occur in order to protect attorney client privilege attorney's work product for clients commercially sensitive information and information, not relevant to the litigation. Other reductions are required by the courts themselves to protect personal information such as social security numbers from misuse, one of the things about redaction is that, while there are rules about, what should be redacted. There aren't really a lot of hard and fast rules about how to block out that material for years attorneys, and government officials often simply used black markers to conceal sensitive portions of documents, which were then photocopied. So that someone couldn't hold the paper up to the light and read censored words in the mid two, thousands as more and more documents begin to be distributed in the laconic forum, both the government and private sector law firm, started shifting to redacting the digital files themselves using software tools. These days attorneys involved in big. Corporate lawsuits often use e discovery platforms, which allow them to manage massive amounts of documents in which contained tools for redacting portions, though, you can also safely redact information using programs like adobe acrobat pro assuming that you're working with PDF's. But regardless of what technology is used. It's necessary to go through documents individually and figure out what to mask, which is a time intensive process. In the case of the Miller report, Barna staff, apparently, scanned a printed copy of the report, redacted it, and then printed and scanned it again to create a new digital copy that excess of caution resulted in a low quality image that wasn't searchable since then the department of Justice has published a searchable version as well, but digital redaction isn't always foolproof once fisted, high tech method for reading redact words in the document involves analyzing their links, and comparing them to other words with the same length on the page and guardian reporter, John Swain found that he could view redacted text in a court document, and the Paul Manafort case by copying and pasting it into a Microsoft Word document. Matthew Ingram of the Columbia journalism review explained quote this likely happened because someone either drew over the unwanted text with black highlighter tool in Microsoft, Word, or used adobe acrobats reduction tools, but forgot to merge them with the original document. We also spoke with Mark Sade a Washington, DC based attorney who specializes in national security law and frequently deals with productions, he said, I don't trust technology. Even if there's a safety mechanism someone will invent something that overrides it thus Zayd generally shoes, electric reduction, his preferred method is to, quote, literally cut it out with scissors, and then photocopy the page it's a really sloppy looking reduction. But no one will ever see what I cut out in other instances, if he's instructed by the government to redact information from a document. He deletes the text and types, the number of words and deleted, by the request of the CIA in its place, but manual reductions on actual paper can go awry to Zabre calls wants receiving Zimmer redacted documents in a case, and discovering that he could hold them up and read the words to the black ink whoever sent them had provided the original pages, rather than making a photocopy. Zayd says that even when information in court papers is redacted. It's sometimes possible to figure out what's in the blackout sections, the client may be able to identify a witness or piece together, what was said in a discussion in which he or she participated, for example. But generally, they explained that it's not wise to speculate, as even educated guesses can be wrong. He gave the example of a freedom of information act, litigation connected with the DP Cooper sky jacking case, he said, we thought a document pertain to a particular person who is dead. But when Zayd gave the government copy of the man's obituary in an effort to get the full document released the told Zayd he assumed wrong and the document was about someone
"two five percent" Discussed on Bloomberg Radio New York
"Two point two five percent in the thirty year yield two point eight four percent. That's a Bloomberg business flash. Tom and John Kennedy greats. Can't tell me let's talk about lift shampoo. The losses massive the growth better on it. Bring it meant. They've sing senior technology analyst for Linpac intelligence Montaigne. Let's talk about the losses. Huge a net loss of one point one four billion dollars in the quota launcher than the companies loss for the entire year last year. Why all the if you look at their costs from insurance to sales and marketing to our RND it all. Adds up. And they can't, you know, get that leverage which you need for a company, which is generating over two billion dollar in revenue. And that's the problem with this business model, I think we have highlighted quite a bit that it just doesn't scale because of all these costs and granted they cut a little bit on the sales and marketing side, but that was primarily because of lower subsidies. They're offering now to the riders which I think is going to eventually hurt them on the top line as we go into the second revenue growth. The guidance is pretty decent relative to the projections from analysts coming into the next report you saying that the revenue growth what Mike up for these losses. And if you look at the revenue growth in the first quarter that was ninety five they guided fully at fifty two so they are implying deceleration. And what it tells me they talked on the call about diversifying and expanding their partner ecosystem with Google via Email, and you know, with enterprise customers, but what it tells me? The core. Business is slowing. And I think that's bad news. I want to go Matthey. I am looking on the Bloomberg at lift it a textbook what I call her monarch mean revenue growth two hundred up two hundred percent than up one hundred percent than fifty percent than a thirty. One percent. Can you extrapolate out that that ratio comes down to one hundred fifty thirty fifteen seven and a half. Why not? Well, I mean, some of it is law large numbers. You know, you can't keep growing up there or sent. But I think what's happening with lift in particular is a lot of this growth was generated based on subsidies that they were offering degrees. And now they don't now that they are public and they're either does being scrutinized. They don't have an option they have to take down the subsidies. Did they talk anywhere about the terminal rate of the glide path of revenue growth the question? John sterler. Well, so they think this market will keep growing in excess of thirty thirty five percent. And that's the top line growth should be sustainable in that range. I think that thirty to forty percent range at the end of the day ridesharing is a high growth market. No doubt about it. No one is doubting that that it embed itself into the lives of people more and more people are going to use the service percent, but the market size is small ridesharing as an indus-. Industry is still one hundred billion dollar market. You're not talking about a trillion dollar market here. So let's talk about the pollution is coming from the south side still this is from stay fo the quota was positive as the company progresses towards its long-term goals, and it's active right growth has the potential to outperform expectations over the medium to long-term. What do you say back to that Monday? So they're active writer growth has been steady around thirty five to forty percent this quarter. Drove forty one percent, very I see a problem is a lot of those active writers overlap with Uber. So even though they're active writer bases growing. It overlaps it over in the moment, they take down the subsidies. Guess why he meant I mean? I know you've got the chauffeured thing going, and I'm in the Sikorsky, but everybody overlaps every day with lifter Uber. Uber services so bad that we go to lift if we can't get lift we go to where we go to June. I mean, the micro economics of this is interesting. John sell sign Mr. is. Over at Wedbush neutral, sixty seven target. Let's retarget Credit Suisse ninety-five JP Morgan Eighty-six. Jeffries, ninety Ives is an outlier neutral, even steal seventy Canaccord Genuity seventy everybody's all over the place. They was trying to work out the Vanni with this business. And I think we have to go back to the and how it was priced mandate. It was just priced really really badly. And this ahead of the peo- this week. Deserve from the lessons of lift is big lesson to learn from that I think so this is a ridesharing has a business should never be trading at eight to ten times sales. That's the mistake that lift made in pricing their IPO, you know, driving it to the high end of the range pricing it to perfection, and what Uber has done is. I think at least learn the lesson in terms of pricing. It's IPO around six to seven times sales, which looks reasonable given its scale and platform, and I really think this business would not have the kind of EBITDA margin of a typical tech company. Mente credit can't show six city of technology analyst full Bloomberg intelligence on the latest from lift with that stoke negative in the pre market ahead of the pricing of Yuba on Thursday and the debut trading day on Friday could be very very interesting. Trae talk for you make on Thursday and the tariff set to kick on Friday, if we don't make much progress in those talks, let's get. You some Wednesday price action, shall we? Loa off the lows that was Tom points out without twelve points off by full tenths.
"two five percent" Discussed on 850 WFTL
"Overwhelming ninety nine point two five percent. Want to hear the parody again, Kerry how how? The first thirty of the year one thing that we can all agree to all of us. Even the two naysayers on staff polo and Kerry today, we everybody could agree to this and the truth is you've been saying, let's be honest. Yes. Arguing the fact now. Everybody else wants to hear it again. Now, we can all agree though, that it's the best parody of the years of our. Yeah. Yes. Sometime during this hour, you can find some time we will certainly play the parody again. Are we going to call it a house around the house of the rising dumb? It's about the new the new what the one hundred sixteenth congress house of representatives. So we've got that for you. Which is nice. We talked about last hour, but I do want to continue with it. Because it's so outlandish so uncommon can you think of any time other then vis where somebody who is in the house or the Senate? I mean, the vice president then vice president Joe Biden did say this is a big effing deal with Obama signed ObamaCare. Yeah. But but that was in support of the president. Being happy. Hey is everything right? I guess he thought that using the vernacular somehow would mean more, but for those who don't know receded to lead is a Representative from Michigan. I'm told on Twitter. She ran on the post. I don't know that to be a fact that I had no reason to argue with the guy. And she's now. Representatives. And she decided she decided that she would call the president one of those vile things now for a woman, I can think there's probably at least one other word that would be worse. I'd agree with that probably start to the sea is gonna throw it out there. But for a dude, I don't know, you can call them anything worse and for a female to this would be really bad. I would say, yes. Let the top. That's right up there. So Rasheed until leaving that she's at some sort of a gathering and Newsmax I'll play the video here. And I do edit it I do censor to you to be okay. But she's at some sort of a gathering surrounded by people. I mean, even even if you support her politically, I'm not really sure why you would she hates Israel hate Jews hates the president hates the American way has already put Palestine on her map in place of Israel, her map in the house of representatives in a country where Israel's our best friend in the Middle East. It just let that sink in. That's who this person is. Already. You know, we we know where she where she comes newsreel on Palestine on the president on our values. But even if you are supporter of hers why I don't know you still have to reject this. Don't you? It's very very interesting to me. It really is. Let me give you the audio in the video of of repeated to leave because to me this. This says a lot about who Democrats are going to be honest with you. We should not be surprised by this because they gave us a heads up. This is what was going to happen. Love.
"two five percent" Discussed on Talking Points
"Review study on fire. If you're like a walkie marketer. You'll really enjoy it. You have to go back to own nine which by the way was not a great time to launch credit card. So in August of oh, nine I lean Sarah, the former president of the card business in Gordon Smith, my boss, really saw some white space in the market where millennials and younger people didn't have an affinity or real loyalty for any card out there. So the original no fee card launched where you could go. Directors adviser a great point offering. And then there was the one point two five percent raider on airline travel and packaging manner. The court itself was gorgeous. There was no number on the front. The number was on the back. Is there blowback I like little I remember actually when we call the front because people too. I'm in rural Indonesia, and my taxi driver needs to etching. Yeah. And I remember then you guys came out with the at ching above on the backs could actually do that you could you could. But it really caught on. And we saw that there is some insight that people felt like there wasn't a card out there for them. Clearly caught on because everyone else is doing it. Ninety percent of that rates at eighty five percent of people say it would refer. Friend for that card. So it really tapped into something degrees preferred to story huge some people thought to preserve is going to come in and completely cut that business has been the case. Now, it segmented really well people choose which one is right for them. They're different value propositions different price points and people find the card that works. Well for them. I think one of the things that we learned with this firebrand, and I think the millennial audience in general for all of the research. That's been done about them. What they really want value. They're incredibly smart and influencers again help that value proposition. So when preferred sorry when reserve came out at a four hundred fifty dollar fee, they immediately did the math and said, well, wait a minute. Here's a three hundred dollar travel credit ninety.
"two five percent" Discussed on Money Girl
"Earns zero point two five percent interest you'll accumulate less than twenty five thousand dollars but if you put the same amount in an investment earning an average of seven percent you'd have over fifty two thousand dollars after two decades so the only advantage of a bank savings account is that it's completely safe from investment risk but the con is that using only a low rate savings for your child's future could cost many thousands in missed investment growth plus the value must be included in the calculation for financial aid so many people ask me when they should start saving money for kids and i want to give you a word of caution don't get too antsy about saving money for kids and forego saving for your own retirement so instead think about creating a financial plan that includes both college and retirement savings as soon as you start a family the sooner you start saving the less stress you're going to feel both psychologically and in your budget and if you do get a late start and you just cannot afford to pay for a child's education don't feel guilty about it remember that putting retirement i is in your entire families best interest if you sacrifice your own financial security for your kids college you may find yourself relying on them to support you in your old age while it might seem cold hearted for a parent to refuse to pay for a challenge education don't forget the kids have op.
"two five percent" Discussed on The Dave Ramsey Show
"Hi i gave i'm fine thank you for taking my call sure what's up well i'm combing regarding my he lock and i wanted to know your opinion on trying on rather i should refinanced your mortgage to include that we owe about sixty thousand left on her mortgage a three point two five percent i think we about nine years left on there um and we have about forty thousand on he locks which also loom tom uh about eighty eight well it's kind of on the bubble here's what were discovered in and i just use these rough and dirty big numbers and my processes but i've discovered that if something is half of your annual income are less it's doable to knock it out fairly quick and so what i would do instead of refinancing in his pay it off in the next two years what other deaths have you gotta than your home we are now under gatt we have teenage boys are getting ready to drive still anita third car that you're gonna pay for private school that you're going to pay cash for oh yes helped i have some have set aside for that my problem with a heel lock is it's driving me crazy because no matter how much extra pay on it it doesn't seem to go down and we'll as you play tombs aisles moment well i just need sixty five hundred so they went only sixty five hundred it appeared that it's so important certain making me crazy well me and it was at forty six five then yes okay so you knocked out bargains.
"two five percent" Discussed on Behind the Bets
"Uh better odds like nevada we'll be able to uh compared to these other other states with these inflated rates that's only good for nevada the sharp players the bigger bettors are gonna still in a flock to vegas for those odds what is nevada constantly get state from from about a sports books we do on twenty million but i thought it was a five percent of the overall package that's the fed uh tax rate is point two five percent off every wager called the federal daily excise tax uh the two hundred and twenty million that they won on sports last year equals about two percent of the total gaming wind that's probably where he got that number from i think they won like eleven billion dollars in total gate in two thousand seventeen all your all your table games everything only two hundred twenty million or that was contributed from sports see my mother the and we talked about this on the podcast before because let's see does become legal on a federal level then we're talking like internet driven not sports books beautiful lavish situations everywhere no tvs so the the volume increase won't be at the same rate as the expenditure increase in right obviously they'll be some sort of cost and variable cost increase for sports books in who's ever booking them on a on a national landscape but it won't be the same degree that the revenues going to be coming in so that i think there is a way to get these leagues afi not one percent but of sub something along those lines and everybody still wins.
"two five percent" Discussed on TED Radio Hour
"The rest is chemical darkness in other words zero point zero two five percent of all chemical reactions in your body are actually targetable by this lock and key mechanism you know if you think about human physiology as a vast global telephone network with interacting nodes erecting pieces then all of our medicinal chemistry is operating on one tiny corner at the edge the outer edge of network it's like all a far pharmaceutical chemistry is a poll operator in wichita kansas whose tinkering with about ten or fifteen telephone lines so what do we do about this idea what if we reorganized this approach on the show today ideas about rethinking medicine exploring new ways we can treat diseases transforming how we understand the human body and improving and hopefully been saving lives and force of hearth onlooker jeep rethinking medicine means rethinking the way our bodies he'll siddhartha says we need to move away from what he calls a going down model to building up the going down model is disease target kill or ito pneumonia bacterium antibiotic the building up motto is to start from base up and say what's the environment that the organism live zain what's the cellular or physiological environment that the organism inhabits and what are the connections between cells that sustain normal physiological interactions and life look at vaccination vaccination is a profoundly successful medical intervention shen but it does not belong to the have disease where's the thai right of course it's it prevents it from have it's for event at builds up it builds the immune system up at builds up your capacity to reject eight pathogen such as human papilloma virus which causes cervical cancer or influenza virus so this is just remind us that outside this disease target kill model there's a whole universe off regenerative medicine nutritional medicine preventitive medicine a model of creating health from the ground up to network it's not just about thinking for example with cancer of the precise tumor that you are targeting which you would continue to do but the environment that the tumor lives in the other things that may be contributing to that tumor survival an an and growth absolutely so this is an old idea it's called a seat in soil hypothesis.
"two five percent" Discussed on Clark Howard Show
"Christopher's with us on the clark howard show hello christopher hi how are you great thank you christopher you are looking at possible using a different bank and you want to run something by me about it yeah though of came across all of these often featured on got a point two five percent interest rate which i don't have any interest rate on anything that i own um and i think if i have a twenty five hundred dollars deposited gives me like a one percent um so i kind of just one thing i can put money in and just let it led to do with thing um so at the moment i'm just would confer maybe just a a better place to put my money and it just i don't know how online stuff goes it's the little sketchy in my opinion it's not sketchy and again more and more people are using online banks go ahead name which one you're thinking of using let me see if it's one that's on my radar okay uh i think a hot aspiration uh moyard talked about them before okay yeah so i i have no problem with the using aspiration as your bank and the what the online banks have done building from the ground up is it's all about keeping all the things that people hate about a bank out of the operation and convenience that people want in the operation so they don't get up every day and try to figure out how to take advantage.
"two five percent" Discussed on Accidental Tech Podcast
"I i i don't i don't even know where to go from here this this this is we have just created a verbal in oral train wreck at what have the references all the way down and everything that gets filter through merlin slowing mutates until it's unrecognizable so what can you do we are sponsored this week by betterment rethink what your money can do at betterment dot com slash atp betterment is the largest independent online financial advisor designed to help improve customers longterm returns and lower taxes for retirement planning building wealth and your other financial goals betterment takes advanced investment strategies and use the technology to deliver them to more than two hundred and seventy thousand customers now why might you choose betterment first of all their experts have your back they are a fiduciary this means they don't get commissions for recommending certain funds and they don't have any funds of their own they only do what they believe is right for you and they believe that you should be able to get financial advice anytime anywhere so all betterment customers can receive advice from their team of licence financial experts through their mobile apps message and feature and all of this has brought to you with low transparent fees compared to traditional services so they charged only as zero point two five percent annual fee that includes unlimited messaging acts their team of experts and if you want even more if you have more complexity if you want more help betterment premium is you unlimited phone call access to their team of certified financial planners for only zero point four percent annually and everything betterment does is designed to lower your taxes and increase your returns so on average betterment tax coordinated portfolio for instance can increase portfolio valued by an estimated fifteen percent over thirty years that right now betterment is offering a free five minute investment review helping you assess your investment accounts tax strategies fees and risk exposure with no sign of protest wired investing involves risk to learn more visit betterment dot com slash atp that's better at dot com slash atp to start your review today betterment rethink what your money can do.
"two five percent" Discussed on Accidental Tech Podcast
"Comes to know their products when they are introduced and no part of the pr plan involves random employees in the cafeteria posting blogs about we are sponsored this week by betterment rethink what your money can do for more information visit betterment dot com slash atp betterment is the largest independent online financial advisor the service of designed to help improve your longterm returns and lower your taxes for retirement planning building wealth and your other financial goals betterment takes vance investment strategies and use technology to deliver them to more than two hundred and seventy thousand customers so far betterment experts believe that you should be able to get financial advice anytime anywhere so all betterment customers can receive advice from their team of licence financial experts through a mobile ads messaging feature and betterment is a fiduciary this means they don't get commissions for recommending certain funds and they don't have their own funds they do what is what they believe is best for you and all this was brought to you with only zero point two five percent annual fee this is very low compared to traditional financial services and that includes unlimited message access to their team of licence financial experts if you have more complex financial situation for zero point four percent annually betterment premium gives you unlimited phone call access to certified financial planner their betterment and everything betterment does is designed to lower your taxes and your fees and increase your returns for example they have something called the attacks coordinated portfolio which on average can can increase portfolio valued by an estimated fifteen percent over thirty years and now betterment is offering a free five minute investment review helping you assess you were investment accounts tact strategies fees and risk exposure with no sign of required listeners can visit betterment dot com slash atp to learn more investing involves risk once again betterment dot com slash atp to start your review today betterment rethink what your money can do.