40 Burst results for "Two Things"
A highlight from The productivity trap
"In this episode I speak to Kate Cocker about the productivity trap and the importance of everyday happiness for leaders focusing on mindset and effective communication. We discuss the importance of maintaining a positive mindset and finding happiness in your work, realising that happiness is a personal responsibility and that taking control of your own happiness leads to a more fulfilling and productive work life. In this conversation we also look at the importance of communication and understanding expectations in the workplace. I create clear thinking and decisive leaders who can amplify their influence. Contact me to find out how I can help you or your organisation. And today our guest is Kate Cocker, how are you doing Kate? I'm good thank you Judith, how are you? I'm good and it's very warm here. It's very warm. I've just come back from Kenya and I can report that it was cooler there than it is in the UK right now. That is absolutely crazy talk. I know, I know. Crazy talk. So Kate, what makes you happy in life? What makes me happy in life? My brain immediately goes to being on the water. So I love my paddleboard, I like going out on my paddleboard and spending time on the water just being able to think and empty my brain and that makes me happy and my family make me happy as well. And also just feeling like you're being productive, I don't know if you have that, that productivity hit that you could sometimes get. Feeling like you're moving forward as well. But yeah, my happiness is really, you know, if I think about the things that make me happy, my brain goes straight to the water. That makes sense because it's so peaceful and there is a thing about being in nature isn't it that makes a big difference. Yeah, and I think as well, like if I ever get to do some open water swimming with friends, I'm always quite alarmed by how the world looks different when you're looking up at a duck. That makes sense. When you talked about happiness and productivity, it's interesting because that doesn't make me happy, but it would make me unhappy. So if I was not doing things in a productive way, I would be unhappy, but it wouldn't be a source of happiness. That's interesting, isn't it? So talk to me a bit about that. So what makes you unhappy about the productivity element? Like not achieving that, sorry. Well, it's just a waste of time and effort, isn't it? It's just like, what's the point? I'm very much one of those people that I don't run lists, so I don't do lists of it. I put it in my diary, right? So if it's not diary worthy, then I'm not going to do it anyway. And if it's in the diary, I like looking in the diary and going, right, today there's these things and here's the time, which of the times I'm going to do it, and I just do it. I run by the diary and I just don't like lists because it feels like lists are running me rather than I'm running the list. And almost everybody I know who runs lists never complete them. So again, for me, it feels like a waste of time and effort to write down a list of stuff to do, which you're not going to do, it seems a bit silly. Whereas I guess for me, I make the decision, I'm going to do something as I put it in the diary. Yes, I'm led by my diary. And it's funny, I've got friends who say, you know, they have other friends who will say they're going to do something and then don't, but if it goes in the diary, I'm almost like I'm controlled by the diary. I'm like, I'm there, I'm committed and I'm in. And if I don't make it, I move it. But you move it. You go, I can't do that today. So I'll move that. Yeah, absolutely. But I am a list maker as well. I've definitely had to learn that there are two things. One is that really there should only be two or three things on your list, right, each day because then you actually do feel like you tick them off. But the list is always going to be there. So I seem to have wrestled with that slight disappointment of not getting things done is now replaced by, you know, it's okay to step away from the list. It's almost just a tool for me to remember, you know, I'm actually more afraid of forgetting. That makes me unhappy when I forget. So actually having the list is a useful tool, I suppose. Yeah, I think for me, the very few times I'm on a list is if there are things that is a discrete thing, so like if I'm designing a new website, and then I might start putting things on the list of things to do, but in my head, I call them, it's my snagging list. Yes, I like that. So it's things that is like, you know, it's the snagging list as opposed to a list of stuff to do, but then that maybe that's just the way my brain works. Yeah. And you have to find that. I mean, I do think that there's a level of, especially for business owners, we do fall into the productivity trap, don't we, in terms of having to get things done, like feeling like we've moved the needle every single day is the key to the happiness. As you just said then, like if you have a list and you don't tick things off, it can be a real source of disappointment and unhappiness. So whatever works for you, really, you know, the biggest trap that people fall into, I think, with lists is that you write this huge long list and you forget to do what you do, which is allocate the time to the task. And then it's always very frustrating when it takes a lot longer than you were expecting it to, you know, but at least if it, you know, I am exactly like you, if it goes in my diary, it gets done. And if it's on the list and it doesn't get done, well, you know, it'll find a place in the diary and wait till tomorrow. I think that's what you said. There was a key, allocating time. So I think I've got a project to do. I will allocate the time and put multiple points in the diary of the amount of hours I think it would take. Yeah. Whereas I think you're right. You look at a list and somebody says, I don't know, I don't know what people list like, clean house or something. It could be 10 minutes or five days, couldn't it? Yeah. And that's where the frustration comes because, I mean, it's the time management thing, isn't it? It's like, I remember starting in work and having to learn how to manage my time by writing lists of, well, tracking what I was doing in the day versus how long I think things took me. And that's where the wrestle, I think, of unhappiness comes because you can only disappoint yourself when you're setting yourself up to fail. If you haven't actually assessed what it is that you want to achieve and how long that's going to take you and have got good at understanding yourself, then that's when the disappointment and the unhappiness flies in, I imagine, because you're constantly just looking at all the things you've not achieved.
Fresh update on "two things" discussed on Stephanie Miller
"What's that magnesium thing you're taking mama? Well, it is magnesium breakthrough. It is brought to you by a fantastic company, by Optimizers. way, By the my girlfriend reminded me, I met the guys. I met the guys behind this company. They're fantastic. Okay. Yes. Ah, because she'd been telling me about magnesium to help sleep. And you know, Chris, what did I say? Hooey. I'm going to say it's Hooey because I've had insomnia my whole life. Nothing has ever, none of nothing. I don't want drugs to take and nothing natural has ever really helped. I'd been hearing more and more about magnesium. O M G It, I couldn't, I cannot believe that it works. Jody can testify that I'm not sending her tweets all night long anymore. It's true. Yeah. That's my unsolicited testimonial. It is called magnesium breakthrough. Here's why it's different. I have to learn. It depends on where you get your supplements. You've got to be careful. Bioptimizers is the best company for magnesium. Why? Because a lot of magnesium, they only give you one to two forms. Magnesium breakthrough contains all seven forms magnesium designed to help calm your mind and help you fall asleep, stay asleep and wake up refreshed. It also helps with muscle recovery and digestion. Two things that I've had some, you know, issues. Yes issues. I've had some situations. Don't miss out on the most relaxing sleep ever with magnesium all breakthrough naturally. If you're like me, if you're a health nut like me, go now for an exclusive from offer my listeners. Go to mag breakthrough .com slash Stephanie. One more time. Mag breakthrough com slash Stephanie. It's like a mensa meeting with fart jokes. Music. Well,
A highlight from Auradines 4nm Bitcoin Miner w/ Barun Kar and Rajiv Khemani
"Welcome back to The Mining Pod. On today's show, we're joined by Auradine, a new Bitcoin mining ESIC manufacturer coming to market. We talk about the unit specs, the team behind the machine, and how they expect to compete in an ever -crowded market. Did you know that you can make more money by merge mining other networks? Check out MakeMoreMoneyMining .com for information on BIPs 300 and 301, a proposal to bring more revenue to Bitcoin miners through sidechains and merge mining, called DriveChains. Increase your mining revenues and learn more about participating in Bitcoin governance by visiting MakeMoreMoneyMining .com. Are you a miner who wants to activate Bitcoin improvements? Check out Activation .Watch. See what Bitcoin improvements the Bitcoin community, developers, and miners are considering and show support by signaling for one of many BIPs up for consideration. Activation .Watch. Filecoin's mission is to create a decentralized, efficient, and robust storage infrastructure for humanity's information. Join the Filecoin Foundation team October 3 -5 for PhilVegas, the first major Filecoin community event in North America in 2023, to explore how to adapt data storage for an AI -centric future. Participate in conversations and hear keynotes focused on the importance of data integrity in the world of artificial intelligence. Register to attend and learn more at phil -vegas .io and make sure to use promo code miningpod. Hey MiningPod, I'm Lee Bratcher, President of the Texas Blockchain Council. The Texas Blockchain Summit is now the North American Blockchain Summit. The same emphasis on policy, energy, and Bitcoin mining, but now expanded by working with our partners across the country. We've got great sponsors lined up like Riot, Marathon, GDA, CleanSpark, BitDeer, Lantium, Cormant, Compass, HTS, Crypto Power, Priority Power, Sunoda, and many more. Solidify your trust in the world of artificial intelligence and the world of artificial intelligence. We'll see you there. Hello, welcome back to the MiningPod. I'm Will Foxley, joined today by Rajeev and Varun from Auradine. Thank you so much for joining today. We're really excited to talk about the new ASIC product you guys are bringing to the market. How are you guys doing? Doing great. Thanks for having us, Will. Definitely. You know, the market's clamoring to know more about you guys. The first time I heard about you was from someone who reads into Marathon Digital's deep SEC letters that they put out there, their filings. And they're like, what is this company Auradine? What's going on with this? And people are wondering about it. And then we found out this summer, you guys were public, you guys raised $81 million and there's a lot of momentum around the product you guys are bringing to market. So that's why we're having you on the show today because people have a lot of questions. I'm sure you guys are excited to start producing a new miner for the Bitcoin mining market. So let's just start there. If we could get an intro for both you guys, like your past backgrounds, what Auradine is doing, and then also on the product. My name is Rajeev Kimani. I am a Silicon Valley technology executive and entrepreneur. I've been in Silicon Valley for 30 plus years. Have been involved in multiple successful startup companies, as well as being a C -level executive in public companies. My background is in computer science and engineering, and then also an MBA from Stanford. And this is my fourth startup that we believe is going to be bigger and better than those other companies before this. Yeah, my name is Barun Kaur. So my last company was Palo Alto Networks. I was in the founding team and did two more startups before that. And I started my career at Motorola after I finished my PhD. Awesome. Thanks for that background. Fortune just did a great piece on you guys for like detailing the company. And it started from the question like, how did this company raise $81 million just like on the background here? And maybe you guys have some disagreements with that, but that aside, I like the ending of the whole fortune piece, which we'll link in the show notes, which is, and you guys are coming into a crowded market and raise a lot of money based on your background, based on the things that you guys have built before and as exited from successfully. So with that being said, let's talk about Auradine, the product that you guys are bringing to market and where you see it fitting into the competition landscape. Yeah, we started Auradine with a big vision and the vision was to build an infrastructure company for the next generation of the web infrastructure. And we believe that blockchain AI and privacy are fundamental building blocks that will really revolutionize how we all work and play. And we think that as we started to look at these spaces, we started with blockchain Bitcoin being the biggest blockchain and the most successful that there is. And then during that process, we connected with marathon. And what we said is, what can we do that's innovative and different than what has existed before us. And prior to us, as you know, what has happened is that Bitcoin mining has gone from CPU's to GPU's to ASICs. And then all of the ASIC providers have moved, have essentially been Chinese companies. And so what we saw was two things. One is that we need to provide a very robust US supplier of this technology, which is very important, especially for US and North American miners in general. So that was a very important aspect. But the second aspect is, was to do something that is much more symbiotic and constructive for the energy ecosystem. And so we have done a lot of innovation in bringing out this product, which is our very first product. It's the first four nanometer ASIC in the world. And we've executed extremely fast when people look at us that literally within from start to getting a product out in the market is not much greater than a year. But we have executed extremely fast on this. As you can imagine, we have an amazing roadmap in front of us. And we have some amazing capabilities in our first product. So we are super excited to bring the Teraflux mining product line to market. Awesome. Yeah. So it's kind of going on that whole line. Tell me a little bit about like the market you guys are building in. I noticed that you guys are building within the US, as opposed to Bitmain and others who are building mostly out of East Asia. Bitmain of course has moved its facilities a lot of times and they're mostly out of Malaysia. But then even like the chips themselves are coming out of Taiwan or in the case of MicroBT, they're coming out of South Korea. Tell me about your guys' supply chain, where you guys get your ASIC parts and how you guys choose to manufacture your whole machine. Yes. So I'll give an overview and Varun can add to it. But essentially, well, first of all, we are a US company. So we are a US incorporated company. Secondarily, the chip design is entirely done in the US. So we are based in Silicon Valley. All of our engineers are based here. So that's a second very important piece of it. So all of the intellectual property, the second. The third thing that we are doing is that we are, in terms of the foundries, we are working with the leading foundries. But what we paid extra attention to is that whatever technology that we use has a manufacturing plant in the United States. Now, turns out the two leading foundries, TSMC and Samsung, both have US manufacturing locations. And we wanted to make sure that those chips could be manufactured in the US. Very, very important aspect for us. And so, you know, even though some of the Chinese companies have moved to other parts, the reality is that the US has restrictions about access to leading edge process technology. There are tariffs. Are those companies bypassing tariffs using certain corporate models or not? Those are questions that are yet to be answered completely. But that's something that we have to do that for the US vendors. Awesome. Yeah. So let's go into the product itself a little bit more. And I like what you noted about like the difference of tariff restrictions. I think the geopolitical issue with ASIC importation itself is an under discussed topic. So from what we're seeing from public numbers right now, it looks like you guys released 22 joules per tariff for this machine with a plus or minus 8%. Curious a little bit more about some of these details. You guys can take this question as you want. Is this on the chip level or the system level? What do you think about that 8 % deviation from the 22 joules per tariff hash? Is that like higher or lower than you're seeing from competitors? And then from there, let's talk about the four nanometer chip that you guys are working on. Yeah. So this is the first product is four nanometers. The specs that we've done are at a system level, not at a chip level, because at the end of the day, customers care about system level specs. And then the plus or minus 8%, what happens is when you're in the leading edge process technology node and you're building the silicon, when you're manufacturing the silicon, there's a deviation in the capabilities of the silicon. And so that is really to capture that. Now, in terms of our competitors, we've seen numbers that are plus or minus five, and actually in other cases, plus or minus 10 % as well. Now we are early in the game. So as we get more and more learnings from building larger quantities of products, we can refine those numbers, make it a little more tighter. We may be able to improve some of these efficiency numbers as well, but we are coming from the point of view of being somewhat conservative. Other vendors before us have tried to be aggressive and then have missed expectations. And we hear that from customers. And so our goal based on our prior track records is to try to see if we can be somewhat conservative and delight people on the upside. So that's our philosophy. Barun, anything? No, I think that's... Great. I don't know if you guys have released these numbers and it'd be curious to see if you have or have not, but hash rate and then power at the wall. Have you guys discussed those publicly yet? Yeah, the hash rates, you know what, the world before our product, which is up till now, is that typically people give you a miner that runs at a certain terahash rate and has a certain efficiency. And what happens is that today, if you want to be able to go up and down, people refer to that as overclock or underclock. That requires either a firmware change or a different firmware, or you have to change the control board, or you have to write software on top of it to turn on and off these systems very kludgy. It's really, I would say it's still in the dark ages, so to speak, relative to the rest of the technology infrastructure. And that's because Bitcoin came from being more of a hobbyist product to the data center scale product. And it has done a bunch of batch work along the way. What we have in our systems is we have built in from the ground up the capability to go up and down in terahash rates, all the way from zero to 185 in our air -cooled systems, in our immersion systems to much higher numbers, some of which we haven't disclosed. And you can do that very fast. And that's super important for people who want to work with energy partners to bring down energy consumption and take advantage of some of those curtailment related economics that we get in a very rapid timeframe. So we have all of those capabilities built into the system. We refer to that as energy tune. It's patented technology. And I think people are going to love it when they see it. So we've done that. But in addition, what we've also done is we've made sure that these systems keep operating at high temperature ranges, which again is critical, as you know, in certain parts of the country, temperatures are getting hotter than they used to be, and miners are shut down for 10, 20, 30 percent of the time. In our case, it will keep running and will keep hashing and keep providing the economics to the miners. Awesome. For the four nanometer part, I want to go back to that. The energy efficiency, there's this general idea that as we go down to the size of the node from eight to seven to six to five to four, it's supposed to become more energy efficient. Tell me a little bit about that and energy efficiencies you guys are capturing within your new model and also how it compares to the market as of now. Yeah. So today, most of the products that are shipping are in five nanometer or older process nodes. To achieve energy efficiency, you do need leading edge process technology. In addition, what you also need is design and architecture to enable that. These Bitcoin mining systems run at very, very low voltages, and to make that work at very low voltages relative to every other product is a complex engineering and technology effort. And so we have both of those things in motion. As I said, we started the company literally a year and a half ago, and we have brought to market a product in record time, matching the best in class that exists in the world today. We have more tricks up our sleeve as we bring additional products to the world at Halfing and beyond. And we believe we are going to be the best in the world, if not within plus or minus a few percent of the best in the world. Both now as well as we go forward. So super confident of that. Right now, as you know, the world is in kind of the 21 plus or minus in terms of deployments. We think it's going to get much better than here. But when we talk to customers, we see there are certain customers that are very sensitive in cost of the miners. Others are more sensitive in the efficiency. But both of them care extremely about the variability and the energy tune features, which we think is going to become a must have requirement going forward. So yeah, let's talk about the auto tune features that you guys have put into this. From my understanding, there's a patent around this. How do you guys look at this technology compared to some of the other technologies that are out there? I mean, there's definitely lots of different firmware options for controlling a miner and controlling its temperature setting. What are you guys sort of doing different when you're building this unit holistically? Yeah, very different. Very different than anything that has been done before. So in the past, typically at a single miner level, you could actually run it at a certain terahash rate or shut down the miner, put it in sleep mode. Then more recently, people have started to put together an eco mode, if you will. That's the state of the art that exists today. And what people have tried to do is solve some of these fundamental problems through putting software level turning on and off of the miners. Not the most efficient way to do it. What we have done it is things that are inside a miner. And so we have these capabilities that are unique, very different than anything else that's been done before, where inside the miner through API calls, the hardware is able to change and adjust the various terahash rates and so forth. And what all you do is you just give all these inputs to the miner, and the miner figures out how to do it and does it, rather than trying to do it in a crudgy fashion outside through some software mechanisms. So that's very different, and that's where we have a patent for the energy tune and autotune capabilities. As you might expect, things like Bitcoin price, energy cost, transaction fees, temperature, all of those are inputs into trying to figure out what is the optimal point for the miner to run. More and more variables are coming into the picture. And to top it off also, autotune has the ability to go to tens of thousands of miners and be able to do an energy tune on each of them at the get -go. And we are trying to get to a point where we can do it in a few seconds so that it is in line with customer requirements where curtailment can happen at that short period of time. Now, there's a distinct difference between... So the autotune is one feature and there's the energy tune is another feature. Now, the energy tune also to couple with what Rajeev mentioned, we are using a machine learning techniques to do dynamic voltage frequency scaling so that each chip can be tuned to get to the optimal joules per terahash. Are you a retail or institutional investor interested in Bitcoin mining companies? The MinerMag brings you free data and analysis from all major NASDAQ listed Bitcoin mining operations to know who stands out. Check out visualized metrics and data dependent stories at theminermag .com. Filecoin's mission is to create decentralized efficient and robust storage infrastructure for humanities information. Join the Filecoin Foundation team October 3rd through 5th for PhilVegas, the first major Filecoin community event in North America in 2023 to explore how to adapt data storage for an AI centric future. Participate in conversations and hear keynotes focused on the importance of data integrity in the world of artificial intelligence. Register to attend and learn more at phil -vegas .io and make sure to use promo code miningpod. Did you know that you can make more money by merge mining other networks? Check out makemoremoneymining .com for information on BIPs 300 and 301, a proposal to bring more revenue to Bitcoin miners through sidechains and merge mining called DriveChains. Increase your mining revenues and learn more about participating in Bitcoin governance by visiting makemoremoneymining .com. Are you a miner who wants to activate Bitcoin improvements? Check out activation .watch, see what Bitcoin improvements the Bitcoin community, developers, and miners are considering, and show support by signaling from one of many BIPs up for consideration.
Fresh update on "two things" discussed on The Eric Metaxas Show
"Well, it's not just, I mean, you have two things happening. And I don't think you mentioned it really in the book, but you have two things. When I read the book, and again, the second time I read the book, on the one hand, like I'm astonished at what I'm reading. And then I'm astonished at the fact that I've never read it before. And then I have to process, how is it possible that so many of us have missed these things? And one of the reasons for that is, of course, that the Jewish leaders who didn't follow Jesus, they developed a hostility toward those who said Jesus is the Messiah. So they did a number of things like take Isaiah 53 out of the Jewish lectionary, which I want to talk about in a minute. So there's this hostility among certain Jews and they're interpreting things that's kind of anti-Christian. But as my friend Greg Denham, who I think may be watching on Livestream, has pointed out to me recently, it's amazing how when Constantine became emperor that he really dramatically cut Christianity off from its Jewish roots in a very anti-Semitic way. In other words, basically gentilized the Christian faith. So you have this double divorce kind of going on where the centuries pass and we've completely lost touch with what everybody would have known in the first or second centuries. Well, but I don't think it had anything to do with Constantine. It simply had to do with the fact that the very first believers were overwhelmingly Jewish. But as it moved into the Gentile world and more and more Gentiles joined the church, what they call the Greeks, the Greeks joined the church because more and more Jews rejected Jesus, the ones who were going to accept him. It was a very difficult thing to accept that the Messiah died by crucifixion. This is still the number one reason why most Jews don't believe Jesus can be the Messiah because they believe he was cursed by God. So, and remember Paul struggles with this. Why didn't more Jews accept Jesus? He struggles that in Romans 9, 10, and 11. He struggles with this. So the church slowly over the ages became more and more Greek, more and more former pagans joined rather than former Jews. And so I think just these things were forgotten and then Judaism sort of cut us out. They excommunicated the followers of Jesus and the church sort of lost to, in some degree, touch with its Jewish roots. But I will tell you that those roots are very closely preserved in many ways in the Orthodox Church. A lot of things that we do in Holy Week are reflected, reflect that, like the Messiah son of Joseph, the idea of Joseph, the connection with Lazarus, and even all the scripture readings of Holy Week in the Orthodox Church actually preserve many of these associations. But the Orthodox don't necessarily understand the Jewish implications of those, but it's there.
A highlight from Marriage Supper of the Lamb
"Welcome to Gospel in Life. When it comes to marriage, we often use words like soulmate or the one. These words can reveal an underlying belief that to have a good marriage, you just have to find the perfect person. But the biblical vision for marriage is starkly different. It's a way for two imperfect people to help each other become who God intended them to be. Listen as Tim Keller explores the meaning of marriage. This passage in Ephesians 5 on marriage, for the last time, is a slight mistake. This is not the tenth sermon on marriage. This is the ninth sermon on marriage. And this is the last one. And I want to start off right now by saying, unfortunately, there's a lot of people that I've talked to over these nine weeks who said, Are you going to say this? Are you going to say this? Are you going to get to this? And I said, Yes, yes, yes. I don't know if I'm going to do it. I've got to be done tonight. We're done. I'm tired. You're tired of marriage. And I've just got to finish tonight. From here, I've said, Well, I'll say this or I'll address this person. I'm not sure I'm going to get to it all tonight. And I want to apologize ahead of time. Don't be too mad if I was somebody, if you're somebody that I talked to, you know, somewhere in the last few days or a few weeks and said, Yes, I will definitely address that. I'm just not going to get to it all. Tonight, I would just like to talk about the, in some ways, the peak verse of this entire passage. I won't even read the whole thing again. But it's Ephesians five. And I just want to read chapter five of Ephesians, verse 32. We've been going in these evening services through the Book of Ephesians. We've come to this passage on marriage. And we're going to look for the 21 to verse 33. But I would like to just read you one verse and expound it and try to pull the meaning out of it. And it's verse 32, where Paul says, This is a great mystery, but I am talking about Christ and the church. He's able to say all this stuff I've been to. It's all been about Christ and the church as well. If I was going to name this sermon, I would call it, and maybe I should someday name this sermon something besides marriage number nine, I'd call it the marriage supper of the Lamb. What Paul is saying is everything I've said in these verses, you can say about the marriage state and about the gospel state, about relationship your between you and Christ. Put it this way. This verse is teaching us that there are some things we would never know about marriage if we don't know about how you relate to Christ by faith. And conversely, there are things we would never know about our relationship with Christ if we didn't know about marriage. When you look at marriage, you see things you would never know about our relationship with Christ otherwise. And when you look at Christ and our relationship with him, we learn things about marriage you wouldn't know otherwise. Did you catch that? That's two sides. And in some ways, what Paul is saying is if you don't know both marriage and a relationship with Christ, you don't really know either. In a sense, one teaches you about the other and you can't completely understand one without understanding the other. And all I would like to do is lay out, though you could go on infinitely thinking and reflecting about this, I would like to take those two headings and I would just like to say there are two things I'd like to mention under each heading. Two things that we learn. First of all, what does marriage tell us about our relationship with Jesus? What do we learn from marriage? What do we learn from being married? What do we learn from what the Bible teaches about marriage that teaches us what it means to be a Christian? And here are the two headings that I would just like to say. Two things and let's look at them. First of all, I believe marriage teaches you about repentance and grace in a way nothing else on earth can. It teaches you why your relationship with Christ has to be based on repentance and grace, not on works, not on good deeds, not on performance, because your marriage relationship could never be based on your good deeds and your performance. So first of all, what marriage tells us about our relationship with Christ, it teaches us about grace. And secondly, marriage teaches us about the relationship of intimacy to fruitfulness. I'll go back over both of these. Secondly, marriage teaches us about the relationship of intimacy to fruitfulness. I'll try to be loud. I know I've been in the balcony. I know it's hard to hear me from back there. First of all, marriage teaches us about grace and repentance. A lot of us think we know about it. We think we know what it means to repent and believe until you get married and you realize you don't know much about it. It was pretty interesting, for example, yesterday for me, just to hear briefly a place where R .N. Hatch at the hearing said, sexual harassment is unforgivable.
Fresh update on "two things" discussed on Stephanie Miller
"Take his information, go ahead and visit us here at Motel Fox. We'll still be here, even though I won't. I'm Roger Ailes and we'll lead on the ride for you. Thank you. We'll be right back. Play in the hits. Okay, John Fuegel Singh coming up in just a few minutes, then Fridays with Frangel in 19 minutes after the hour. This portion of the show brought to you by what everyone keeps asking me about on Twitter. What's that magnesium thing you're taking, mama? Well, it is magnesium breakthrough. It is brought to you by a fantastic company, by Optimizers. By the way, my girlfriend reminded me I met the guys behind this company. They're fantastic. Okay. Yes. Because she'd been telling me about magnesium to help sleep. And you know, Chris, what did I say? Hooey. I'm going to say it's hooey because I've had insomnia my whole life. Nothing is ever, nothing, I don't want to take drugs and nothing natural has ever really helped. I've been hearing more and more about magnesium. O -M -G. I cannot believe that it works. Jodie can testify that I'm not sending her tweets all night long anymore. True. Yeah. That's my unsolicited testimonial. It is called magnesium breakthrough. it's Here's why different. I have also learned it depends on where you get your supplements. You got to be careful. BiOptimizers is the best company for magnesium. Why? Because a lot of magnesium they only give you one to two forms. Magnesium breakthrough contains all seven forms of magnesium designed to help calm your mind and help you fall asleep, stay asleep and wake up refreshed. It also helps with muscle recovery and digestion. Two things that I've had some, you know, Thank you, Jody. Yes. Issues. I've had some situations. Don't relaxing miss out sleep on ever the most with magnesium breakthrough all naturally. If you're like me, if you're a health nut like me, go now for an exclusive offer from my listeners. Go to mag breakthrough dot com slash Stephanie one more time. Mag breakthrough dot com slash Stephanie. It's like a mensa meeting with fart jokes. It's Stephanie the Miller show. Yeah. Yeah. Mm Yeah. Yeah. Mhm.
A highlight from Week in Review - Episode 24
"Cycling isn't just cycling. It can be cycling or cycling or even cycling. Peloton isn't just one thing. We have classes that will ease you in and classes that will make you sweat and a range of instructors so you can find your match. Whatever you're in the mood for, we can get you in the zone. See for yourself with a worry free 30 day home trial. Visit one Peloton dot com slash home dash trial terms apply. Welcome to the Mike Gallagher Show Week in Review podcast. It's just about everything that's happened this week. I'm Eric Hanson, and we begin with President Trump, who made some controversial statements about abortion this week and called Ron DeSantis's six week abortion ban a terrible mistake. We might as well get this out of the way. We got President Trump with an answer to Kristen Welker on NBC's Meet the Press and her debut as the new host, which gave a lot of ammunition to Trump haters who want to hurt him and try to wreck his chances of becoming the nominee in 2024. This is an interesting dilemma that Republicans have. Here's the dilemma. Pro -life fighting for the sanctity of those unborn babies, the sanctity of their lives, the sacredness of the innocent. That's a centerpiece that's foundational for the Republican Party. And whether we like it or not, this particular debate that we're having in America over abortion is crushing us at the ballot box. And Donald Trump, I believe, was trying to address that with Kristen Welker on Meet the Press. Let's get it out of the way. I've been dreading this all weekend. Well, it wasn't all weekend. I mean, this first broke, I think, Saturday. They gave a little preview of his answer. I don't love his answer, but I also don't love the way Trump critics are pouncing on him, claiming he's not pro -life. I got into a big knockdown drag out, as I expected I would with my friend Mark Davis in Dallas, because Mark is now hell bent on proclaiming that Donald Trump is not pro -life. And he's saying that because of this exchange with Kristen Welker yesterday on Meet the Press. If a federal ban landed on your desk, if you were re -elected, would you sign it at 15 weeks? Are you talking about a complete ban? A ban at 15 weeks? Well, people are starting to think of 15 weeks. That seems to be a number that people are talking about right now. Would you sign that? I would I would sit down with both sides and I negotiate something and we'll end up with peace on that issue for the first time in 52 years. I'm not going to say I would or I wouldn't. I mean, the sanctus would really design a five week and six week ban. Would you support that? I think what he did is a terrible thing and a terrible mistake. But we'll come up with a number. But at the same time, Democrats won't be able to go out in six months, seven months, eight months and allow an abortion. Now, there are people who took that answer and proclaimed that Donald Trump is not pro -life, like it's important to proclaim or make some kind of declaration that he is not pro -life. I believe it's ridiculous to claim that a guy who's the only president to ever attend the March for Life, the guy who promised to get Roe v. Wade overturned because that was terrible federal. That was a terrible federal ruling and appointed Supreme Court justices who did just that to claim that Donald Trump is not pro -life is preposterous. It's absurd. It's virtue signaling. And perhaps it's just. The opportunistic way you chalk up some points for Ron DeSantis, because clearly Team DeSantis is pouncing on Donald Trump over this remark. I believe two things can be true at the same time. You can be pro -life and you can acknowledge that this issue is killing us at the ballot box. And we're losing elections. So President Trump has some campaign trouble to manage. Meanwhile, our current president can barely navigate a simple speech. If you miss Joe Biden at the U .N. this week, well, buckle up. Remember when Trump went to the United Nations and gave a really good speech and the media freaked out and said how goofy and wild and unpresidential and unprecedented it was, they had a complete meltdown and he gave a really decent speech. Compare that to the appearance of Joe Biden yesterday at the U .N. Now, even as we have all our institutions and drive creative new partnerships. Let me be clear. Certain principles of our international system are sacrosanct. Both Biden and Kamala Harris do the same thing when they say, let me be clear, run for the hills, because when they say, let me be clear, you're going to see nothing but mud and gibberish. I mean, babbling incoherently in front of the United Nations. And if that wasn't wild enough, you've got the Ukrainian President Zelensky. He marches in with his entourage. You know, I used to say I was torn about Ukraine. People that I respect insist that we have got to continue to fund the Ukrainian battle with Russia, that the American people have to help Ukraine with its border. We dare not have a wall for our own border, but we better, by God, help Ukraine with theirs. We better fund them. We better give them the missiles they want. We got to give them the ammunition they need. We need to. We got to stop Vladimir Putin. And if you push back against that, you're a stooge for Vladimir Putin. You're a Putin puppet. Just ask Tucker Carlson. When Tucker dared to express the belief that the American people have bigger fish to fry than funding Ukraine, he was thoroughly denounced and renounced as a stooge of Vladimir Putin. So there goes Zelensky marching into the UN yesterday with his bodyguards and his entourage, and he gets up to that podium. And what he said was pretty stunning. I expected he would stand at that giant podium in front of that ugly green background at the UN and talk about the need to fund his military. Talk about Russia's aggression against the Ukrainian people. Talk about Ukraine's place in the whole worldview of things instead. We got this. Even though humanity is failing on its climate policy objectives, this means that extreme weather will still impact the normal global life and some evil state will also weaponize its outcomes. And then people in the streets of New York and other cities of the world went out on climate protest. We all have seen them and when people in Morocco and Libya and other countries die as a result of natural disasters and when islands and countries disappear underwater and when tornadoes and deserts are spreading into into new territories and when all of this is happening, one unnatural disaster in Moscow decided to launch a big war and killed the tens of thousands of people. No wonder loony leftists have the Ukrainian flag in their front yard. You would think the Ukrainian president had bigger problems than climate change. Meanwhile, the United Auto Workers hit the picket lines this week. They made a few modest demands like a 40 % pay raise in a four day work week. Speaking of the UAW strike, I watched Sean Fain, the president of the United Auto Workers Union on the Sunday morning news shows. And you know, I admit I'm not a real big fan of unions. In fact, quite the opposite. I kind of think that unions have helped destroy many aspects of our economic system. In fact, it's a commonly held view that pension plans that used to be in place contributed to the decline of the U S automakers. Well, now the UAW is demanding pensions come back. They want the old fashioned defined benefit plan. And as Bloomberg points out, pensions are not worth striking over. You know what I find interesting about the UAW dispute? I heard all the talking points about how the corporate executives at the big three automakers make too much money. That's a Bernie Sanders mantra. That's an Elizabeth Warren trope. The executives make too much. You know, a company can be producing billions of dollars of revenue, but the Bernie Sanders of the world want to cap what an executive at one of those companies earns, which I always find so fascinating. It's as if they want to equate the guy or gal on the assembly line with the big automakers. Well, they're not the same. I mean it'd be nice if everybody made the same amount of money in life hate to break it to your life doesn't work that way. Some people make more than others and admittedly a lot of it is luck. I don't deserve the living that I make, but I'm very blessed to make a good living. There are people make a lot more than I do and I don't begrudge them anything, but simply because somebody that might have a show on television might make 10 times what I make. I don't think I should make what they make simply because we do the same essentially same thing. I mean, and Democrats always have such hypocrisy on this issue. Like somebody just texted me, how many homes does Bernie Sanders have again? It's more than one. But here's something that I noticed when I heard Sean Fain, the president of the UAW talk about executives compensation and how we're not making enough and we're taking steps backwards. I mean, the fact of the matter is the union gave up the defined benefit pension plan in a previous negotiation. Now they want it back. When you give up a benefit like that, you're not going to get it back. That's not realistic. And here's what I'm interested in. You know what was missing from all the coverage of the UAW strike? They never talk about what auto make auto workers make. Now I kept hearing how somebody on the assembly line can't feed their family. Really? What do they make? I kept hearing that Sean Fain kept saying the auto workers have taken three steps backwards. Really? How much do they earn? I know what they want to make. They want a 40 % pay increase and they want to only work four days a week. Now that's a pretty good deal.
Fresh update on "two things" discussed on Epicenter
"Cool. Can you talk a bit about what is the product roadmap? As I mentioned already, it's like there are basically like two big chunks. It's like the first big chunk is the combination of a proof market plus compiler. It's like in here, the thing is about putting as much applications as it makes sense for them to help as much applications as possible, right? Basically that's what it is. And we target, for example, to introduce the notion of ZK gaming. I mean, not just, you know, Space Invaders alike thing, just like it was with Dark Forest, right? I mean, Dark Forest is good. I mean, I love it. It's Space Invaders are good, but we want to introduce a more wide it's like a more interesting notion of ZK gaming. It's like, we want to be able to prove 3D games. We want to be able to prove like, I don't know, something's really weird. What happens, for example, in 3D action game like Ethereum. So that's like, that's like the thing. Another thing is that on our side, not like entirely on our side, but there is a ML extension basically coming for a compiler which would allow to prove ML models to Ethereum. And what I'm talking about proving ML models to Ethereum, I'm not talking about proving something like stimulus, something trivial or something similar to, I don't know, you know, just a classifier or something, I'm talking about proving whatever you want, basically, because you can produce like circuits dense enough. So that's the thing. And the guys which are doing this as an example, again, the target approved GPT-2 to Ethereum. Is it useful? I don't know. Is it fun? Yeah, serious. So that's what it is. That's the roadmap. That's the roadmap regarding the separate compiler plus proof blocking. There's also a thing in the roadmap that we want to be able to produce ZK EVL via ZK LLVM, because we think that's going to be like an important milestone for Ethereum community because it's about the security of ZK EVL circuits. We do not want anybody to get hurt by under-constrained circuits. So we try to basically compile EVL with ZK LLVM. So we could say something like, okay guys, here goes ZK EVL, which is easily auditable, which is like secure, which was not written manually, but was generated automatically and the compiler is kind of proven. So it's good. That's fine. And it's definitely not under constraint and nobody's going to lose, you know, nobody's going to lose anybody because of that. So that's like the part around the compiler plus proof market. It's like the part around the proof market plus DBMS thing. Well, again, it's like, as I already mentioned, we got to get to that point when we would be able to make the protocol, which powers the proof market accessible to third party developers for people to be able to see that, okay, well mixed into industries makes sense that, okay, it's like, there's like, you know, there is enough, there's enough scalability. There is not like, you know, there's a lot of data which can be handled. There's not a combination to be, which can be handled. And you can like leverage, I don't know, transparent access to Ethereum data. And currently we're trying to make that accessible by third party developers, not just us, because we've already been embodying this in like beta mode in private for, I don't know, seven, eight months. And I mean, we want to make it public. We want to make it public for somebody to say that, okay, it was worthwhile. It's good. It works. So what is the timeline here? Like when do you guys go to like a mainnet and how do you see, like if things go well, how do you see the projects sort of developing over the next two years? Look, it's like, just to avoid confusion, it's like we have no such thing as we have no such thing as mainnet in terms of like, you know, DB best or something because it's DB best, right? So I don't know if there is like such a thing as mainnet in that. So the second thing is, second thing is in terms of when the beta, when the beta ball ends, like we target the beta mode to end, like before, before the middle of November, before the dev connected Istanbul. So we target the competent event, having all of our verifiers, having all of our, like having all of our endpoints and everything, everything like in production deployed on Ethereum or like mainnet Ethereum, right? So, if we're talking about like production or something for product calling for DBMS, there will still be a quite significant time span when we're going to be testing this, just like in the public beta, and it get around for some time. And so, you know, it's still, it's still going to be tested like, you know, in public. So, well, we have plans, we have plans, but it's like, they're too ambitious to maybe tell about them.Thanks so much for joining, Misha. I think this is like a really cool area at ZK and I think it's going to be super fascinating as we see this getting integrated in different crypto applications. Yeah. And so, yeah, thanks so much for coming on. I'm excited to see how Neil Foundations and the ZK marketplace is going to play out and, you know, how in general the impact of ZK on crypto is going to be. Thanks for inviting me. It's like, it was nice. It was nice. Cool. Well, thanks so much for listening, for tuning in. If you want to support the podcast, make sure to leave us a iTunes review and we look forward to being back next week. Thank you for joining us on this week's episode. We release new episodes every week. You can find and subscribe to the show on iTunes, Spotify, YouTube, SoundCloud, or wherever you listen to podcasts. And if you have a Google home or Alexa device, you can tell it to listen to the latest episode of the Epicenter podcast. Go to epicenter.tv slash subscribe for a full list of places where you can watch and listen. And while you're there, be sure to sign up for the newsletter. So you get new episodes in your inbox as they're released. If you want to interact with us, guests or other podcast listeners, you can follow us on Twitter and please leave us a review on iTunes. It helps people find the show and we're always happy to read them. So thanks so much. And we look forward to being back next week.
A highlight from Europe's Anti-Bitcoin Bill Reveals Plan to Stop Adoption | EP 829
"It's all going to zero against bitcoin it's going up for ever more you're against bitcoin you're against freedom yo welcome to simp with bitcoin live we're the number one source for the peaceful bitcoin revolution we will be your guide through the separation of money and state speaking of the separation of money and state interesting news coming out of Europe kind of not as bad as the proposed bill by Elizabeth Warren that we covered on one of simply bitcoins simply bitcoin lives episode this week but it's something very similar right this idea that every single transaction needs to be KY seed right and then I think that will inevitably lead to the any host unhosted wallet needs to be KY seed all right the the wording specifically in the Elizabeth Warren bill included any minor any validator any software wallet so you know it's just of course the powers that be that tremendously benefit from having a monopoly on the creation of money having controls on money of course to benefit themselves of course they're not going to be okay with this and this was the theory that was originally you know put out back in the 90s in the book the sovereign individual I'm going to read you guys a passage from that book because I think it correctly predicted exactly the reactions from governments I don't think governments have been able to they're not used to this environment where they have competition and most importantly not only do they have competition but they can't shut down the competition right because we remember we saw Facebook try to launch their own you know digital currency and they got shut down real quick the thing with Bitcoin right and Bitcoin only right because aetherium is inherently centralized meaning it will inevitably be co -opted so they have no choice but to ally with the state and they were in order to survive but with Bitcoin can't be stopped and because it can't be stopped it creates a forcing function in the long term as more and more individuals choose to opt out of inflationary money into deflationary money so yes of course times are changing but it's not only on the money front right we're not only living through the disintermediation of money but we're also living through the disintermediation of information and yesterday was a historic day I've never seen this in my life the UK Parliament sent Russell Brand an extremely popular independent content creator a letter to rumble we love rumble by the way we're on there subscribe to us on there and shout out to our rumble audience as well it's been growing by the day so we appreciate you all they sent a letter to rumble asking rumble to demonetize Russell Brand like YouTube did so we have governments that are directly asking platforms to demonetize content creators of which they don't did they don't agree with that is absolutely absurd and these are the same governments that want you to trust them with central bank digital currencies if they had central bank digital currencies in place they wouldn't even have to ask the platforms they could just flick the switch themselves so when we say Bitcoin or slavery or how beauty on said it and I'm starting to lean this way to Bitcoin or death we are not exaggerating and you have to choose what world do you want to live in in the future and most importantly what world do you want the future generations your children your children's children to live in so it's gonna be a great episode I'm really looking forward to it you have to stay on top of what's going on anyways we also we also have a very special treat for you guys we have the head of customer experience from foundation devices the maker of the passport hardware wallet and he's gonna do a live demo for us during the culture cement segment so I'm really really pumped about that let me bring up let me bring him up on stage Bitcoin Q &A you're quite well known on Bitcoin Twitter as well how you doing buddy yeah doing very well thank you very much for having me I'm psyched to shoot the shit with you guys this evening well even in my time but yeah certainly some interesting goings on especially around the Russell brand thing so I'm sure we'll be able to share some insights on that one but not a good look yeah I completely agree man it's it's some some interesting times we are living through people some people call it the fourth turning I don't know man but the phrase that sticks with me the most is weak men create hard times hard times create strong men strong strong men create good times we're definitely going through this era and then I think it was actually Vladimir Lenin that said the very very famous quote right where there are decades that nothing happened and then there are weeks that decades happen I think we're definitely living through this moment of time anyways no more delay let's bring up my legendary co -host not optimistic today no smile oh there's this smile sorry I was caught reading the channels optimistic fields how you doing bro well I am doing wonderful and I'm actually really excited for this culture segment today guys I got a sneak peek of the demo that we're going to see and I think there's gonna be awesome this might be a simply Bitcoin first for the live show but to the news stories and stuff it really just goes to show that if you speak the truth you are the enemy of the state and I think more and more and more people are waking up to this because they either continue to de -platform you from your banks or de -platform you from social media for saying what they don't want to be said you know for saying the quiet part out loud and you know this is why we do our show in a very particular way so that we can survive on YouTube but man it really just goes to show that the powers that be are completely terrified of people talking about the truth hence why you guys need to talk about it more and continue to spread that signal but it just goes to show that this is the the last I don't know the last gasp of the great Leviathan you know what's them saying like darker before the dawn like this is their last grasping at straws to control the truth and and I mean I've been saying for a while I think the monopoly on truth is slowly and dwindling they're going to try to make examples of this so you know just be prepared we know what's coming so protect yourselves protect your family and continue to spread the Bitcoin truth the Bitcoin signal actually just truth with a capital T I suppose anyways Niko let's let's get into this one let's get into this one let's get into the show man I'm really really excited alright guys let's get to the numbers we have a lot to talk about today and I'm super is your Bitcoin in cold storage really secure is your seed phrase really secure stamp seeds do -it -yourself kit has everything you need to hammer your seed words into commercial grade titanium plates instead of just writing them on paper don't store your generational wealth on paper papers prone to water damage fire damage you want to put your generational wealth on one of the strongest metals on planet earth titanium your words are actually stamped into this metal plate with this hammer and these letter stamps and once your words are in they aren't going anywhere no risk of the plate breaking apart and pieces falling everywhere titanium stamped seeds will survive nearly triple the heat produced by a house fire they're also crush proof waterproof non -corrosive and time proof all things that paper is not allowing you to huddle your Bitcoin with peace of mind for the long haul stamp your seed on stamp seed alright guys I literally made it super easy for you guys you can scan the QR code on your screen it will take you directly to stamp seed website you can get you could store your generational wealth on titanium so you don't have to explain to your children why you lost your Bitcoin because you stored it on paper you can use promo code simply get 15 % off anything on the stamp seed website at the time of recording the Bitcoin price is twenty six thousand five hundred and seventy sats per dollar three thousand seven hundred sixty four block height eight hundred eight thousand seven hundred twenty nine blocks to having thirty one thousand two hundred seventy one having estimate April 21st 2024 total lightning network capacity four thousand eight hundred fifty five Bitcoin capacity value one hundred twenty nine million US dollars realized monetary inflation one point seven five percent the market capitalization of Bitcoin currently sitting at five hundred and seventeen billion dollars Bitcoin versus gold market cap four point zero one percent in the grand scheme of things Bitcoin is still a baby if Bitcoin reaches not if when Bitcoin reaches the gold market cap that is five hundred thousand dollars per coin and I think that's just getting started anyways we played you guys a video yesterday of a member of the United Nations talking about how we are in an information war we played you guys the video and she was basically recommending that that that they no longer have people to call on on Twitter to censor information she was also saying how there's an army of people that are propagating United Nations approved information well you know she's she's talking about as if the information that's coming out of the United Nations is a matter of fact right she's talking about the problem of disinformation disinformation well my question to you guys is who gets to decide what is disinformation and what is information right well we advocate for on simply Bitcoin is individuals not central planners not governments using their own critical thinking abilities right to dictate okay this is a good idea this is a bad idea right this is how the American this how the American Constitution it's literally written like that that there's a reason that the First Amendment is the way it is right the government or Congress should make no law you know basically censoring or stopping the freedom of the speech of people right and they made it that way for a reason because if there is a central authority if there's a government that gets to dictate what information is true what information is not true history has shown that they'll use that power to protect their own political mode right so thank God for the internet thank God for technologies like Bitcoin thank God for technologies like Noster for example they can't do this anymore and because they're not able to do that they're freaking out number one and number two and number two it becomes a forcing function over a long period of time but that doesn't stop them from trying here is the former New Zealand Prime Minister at the United Nations saying that that words are weapons of war right weapons of war if so if you say something against the government that all of a sudden becomes a weapon of war and again this has escalated it is escalated to the point where the UK Parliament has asked rumble to demonetize Russell Brand who's a very popular content creator who goes against the legacy corporate media's narratives right and it kind of embarrasses them so what are they doing they're attacking his money they're saying rumble okay they can't they've tried to deplatform people before they've gotten a lot of pushback so what they do instead is that they attack his pocketbook obviously YouTube complied they demonetize Russell Brand's content but rumble said no we're not doing that so love that of rumble we're on rumble we support rumble that's awesome but another thing that I want to say is that the allegations against rubble Russell Brand are just that they are allegations they have not been proven so something that has not been proven is a justification to shut off someone's living that is insane anyways let's check out this letter and this is a letter by part by the UK Parliament the specifically the cultural culture media and sport committee to the CEO of rumble Chris Palavoski who says dear Chris I'm writing concerning the serious allegations regarding Russell Brand in the context of of his being a content provider on rumble for more than 1 .4 million followers the cultural the culture media and sports committee is raising questions with the broadcasters and production companies who previously employed mr. brand to examine both the culture of the industry in the past and whether that culture still prevails today however we are also looking at his use of social media including on rumble where he issued his preemptive response to the accusations made against him by the Sunday Times and Channel 4 his dispatches while we recognize that rumble is not the creator of the content published published by mr. brand we are concerned that he may be able to profit from his content on the platform did you hear what they said the government is concerned that Russell Brand might be able to profit from his content because there was some allegations made against him conveniently a lot of Russell Brand's content is criticisms of the government so I mean big coincidence I guess you would you could say we would be grateful if you could confirm whether mr. brand is able to monetize his content including his videos relating to the serious accusations against him is so we would like to know whether rumble intends to join ryu tube in suspending mr. brand's ability to earn money on the platform we would also like to know what rumble is doing to ensure that creators are not able to use the platform to undermine to undermine the welfare of victims of inappropriate and potential potentially illegal behavior so they asked rumble to demonetize a content creator an independent content creator that's the key word when we had Parker Lewis on the show and I was talking about the legacy corporate media he didn't say no Nico it's not the legacy corporate media it's the legacy government media so anyways why is this happening I think Jeff Booth said this perfectly we read this to you guys the other day and this all boils down to the money this is why we say as Bitcoiners fix the money fix the world here's Jeff Booth he says because broken money Elon Musk said how did most of the legacy media go from superheroes of free speech to supervillains of speech suppression and Jeff Booth says because broken money ensures the centralization of power by stealing the productivity through inflation that should flow to society in the form of lower prices then those enriched by that theft and subsequent power must control the messaging to keep it but it all it wasn't only Jeff Booth that said this here's an article from our friends over at Bitcoin magazine of nine Bukele the president of the country shining on the hill the Savior El Salvador the first country that made Bitcoin legal tender the beachhead for the Bitcoin movement around the world he goes on to say the most vocal detractors the ones who are afraid and pressuring us to reverse our decision are the world's most powerful elites and the people who work or benefit from them they used to own everything and in a way they still do the media the banks the NGOs international organizations and almost all the governments and corporations in the world and with that of course they own the armies the loans the money supply the credit ratings the narrative the propaganda the factories of food supply they control international trade and international law but their most powerful weapon is their control of the truth and they're willing to fight lie smear destroy confiscate print and do whatever it takes to maintain and increase their control over the truth and everything and everyone I think come from Nico or simply Bitcoin that came from the president of El Salvador name Bukele so what is happening here two things are happening here thing number one the internet has empowered individuals and those individuals can now use the internet to uh to grow these massive platforms themselves and because they're individuals they're a lot harder to co -opt and at the same time we are witnessing the distance remediation of money that internet has allowed Bitcoin and Bitcoin has empowered individuals to choose their own money too so government states NGOs international institutions right that have had this privilege of having not only having the monopoly in the control over money but also the monopoly in the control over information it's quickly diminishing in front of their eyes and of course that system is fighting back they can't take that they've been used to operating in a system where they've been able to control the narrative they've been able to control the truth and that is slipping through their fingers and they don't know what to do and that's why they're short -circuiting the way they are that's why we've gotten to a point where the UK Parliament is literally asking a platform to D monetize an independent content creator not to mention all the stuff that was revealed during the Twitter files where it was exposed that the US government even though that is explicitly against the US Constitution the government should not be censoring speech was asking Twitter to D platform D boost and censor certain speech and these are the same governments that also want you to trust them with central bank digital currencies and they expect you to believe that they're not going to use central bank digital currencies as a weapon as a forcing function in order to control your actions as a individual and this was all predicted I might add in the book the sovereign individual which we'll get to during the new segment but this is some crazy times now what can you do to protect yourself in this particular situation do your own research pick what information sources you choose you you want to choose I love Twitter because it's like a news aggregator and the the news that you know pops up pops up Noster is a great platform rumbles a great platform YouTube is is good to do your own research don't rely on a single information source and then most importantly the most empowering thing you could do is to opt out of state money opt into Bitcoin I think that's the most powerful thing you could do look the most important the most important vote you can make that voting for a Democrat or Republican it's not to say that it's not important to vote but the most powerful vote that you can do that will actually change things is voting with your wallet opt out and the way that you do that is you buy Bitcoin earn Bitcoin mine Bitcoin and take that said Bitcoin into self custody the moment you do that you're part of the peaceful Bitcoin revolution whether you are aware of it or not and that is how we win if enough people take self custody we win and there's nothing they could do about it speaking of self custody we have the head of customer experience with us today Bitcoin QA and you guys make it super fucking easy to take self custody with the hardware wallet that you guys make and not to mention the awesome application that you guys make so Bitcoin QA what's your take on this whole Russell brand stuff I can't believe we've reached this point if I would have been told this five five six years ago I would have said that's impossible there's no way that's that that's so ridiculous what's your take on all this yeah before I enter you I've just got to say that was one hell of a fucking monologue I take my half to you that was fantastic yeah kudos and yeah the whole Russell brand thing man just completely shocking another example yet another example of government overreach Russell brands been a thorn in the side of the UK government if you can't tell by the action by the way to anybody's listening that I'm from the UK and he's been a thorn in their side for years and he's a very well educated man he's very well spoken and he has drawn a lot of following by speaking out against money printing against government policy he was rabid about the whole covert thing pharmaceuticals getting rich because of you know yeah you know all of the corruption that went on over those couple of years and I see this recent letter as that them seeing the opportunity as they're into trying you know get one back on him you've touched on earlier that the fact that all of these are just allegations at the moment and the fact that they're going around trying to take money off him from you know he's not been convicted of anything at all that's not see won't be but right now they're just allegations and they're trying to take his money off him it's just completely shocking and they're just trying to lash out because he's been a pain in their ass royally for years so yeah I mean they're just they're just overreaching and leveraging their powers wherever they can just to kind of deep platform and then hurt his wallet as well unfortunately yeah 100 % they attack his money they attack and again like they attack his money and they're also like hey guys these CBDCs like we'll respect your privacy you could trust us what are you talking about anyways Opti what's your take well I actually I kind of want to ask Q &A question because there is some talk about this in the chat what's your thoughts on Russell Brand being like controlled demolition Q &A whoo how do you mean like basically that this is like an orchestrated attack you know once everyone's talking about this maybe Russell Brand isn't necessarily as much of a truth speaker as people are making him out to be like does he actually believe what he's saying or is this just kind of one of those things where you know you create a figure and then you kind of tear him down to discredit the whole movement in general the whole truth movement yeah possibly I think I think most of what he says is genuine he before he started doing all of the YouTube stuff like he was he was a you know some form of a celebrity he had a big following and could have monetized himself as a product in many many other ways by coming out and being as outspoken as he has against the the prickly topics of like money printing and you know COVID etc he must have known you know he's smart enough to know that would have been incredibly divisive to people that followed him so I lean towards the fact that he's genuine and the fact that they're probably gonna try and use him as a scapegoat to warn ward off other people that kind of speak out against any government policy etc etc yeah I'd agree I mean like especially considering what his status was it's hard to follow the incentives and be like yeah he's got a lot to gain from this when in reality he's on the verge of losing everything so I'd agree with you and then just kind of going back to the beginning of this rant and and people are saying epic daily Nico Jones rant today so good job Nico I like when Nico gets get animated remember growing up guys when I grew up I had a saying and I'm sure your mother told it to you as well and we all probably said it in kindergarten you know sticks and stones but words may never hurt me and now we grow up in a world where words are violence like what is going on guys and that's a convenient it's a convenient way I know Nico I was getting there I'm asking rhetorical questions on the show now okay I'm learning some Nico Jones tactics but as we know guys as we know guys you know if you can stop words from being said then you can stop thought and if you can stop thought then you can ultimately stop behavior and this is where they're going they want to ensure that you guys sell censors so that you guys don't lose everything and this is where we are guys that they are absolutely afraid of people speaking the truth they're absolutely afraid of the average person waking up and exposing all of their lives because that's all they have they have lies and favors and they have the monopoly on truth as we think now is more important than ever to speak your minds to make sure you're having these conversations to as the saying goes you know speak truth to power and all that good stuff because there's been a constant theme throughout 2023 or actually rather since 2020 basically is that if your voice is too big and you talk against the establishment then the powers that be will do anything they can to put you back in line and whether that means you know breaking your reputation taking all your money dragging you through the court of public opinion we know what their tactics are and if you're following along closely then you know what the playbook is and it's almost like they're doing the same thing over and over and over again but I think the silver lining of this is that it seems like their playbook isn't working as well as it used to which in some sense should be absolutely terrifying because then they're going to go to even more extremes and you know I'm not gonna say what everyone's thinking but it's gonna get crazy guys and so I think it's just becoming very very clear that as an individual just even a normal person that doesn't have a platform like you want to do whatever you can in your power to protect yourself and hence why we always say that it always boils down to the money guys so protect your money protect your livelihood by taking your Bitcoin into self -custody by saving in Bitcoin and because remember guys this is always about theft they want to take your wealth and put you back in your place and then distribute it and make everyone feel good and we're seeing this happen in real time and it isn't lost on me that this is done via a letter you know it's just like hey how nefarious can a letter be but if you're reading in between the lines then you know how nefarious this letter actually is and that this is a coordinated attack on someone that's talking against the establishment and if people like Russell Brand you know say what you want about him but if people like him can't speak about the truth and they also get run through the grinder like imagine what would happen to an average individual like there's no hope for us if people of that stature can't talk about what's actually going on in the world and hence why it's so important to continue to double down on independent content creation spreading the truth talking about all this stuff because this is all we have we have the truth on our side and as the saying goes you know the truth will set us free so just just don't be afraid you know be brave but also be smart out there and the best thing you can do is just protect yourself and protect your money protect your family and I think as more people do this then the world will slowly but surely start to fix itself anyways you know amen we'll see what happens amen preach brother all right everybody let's get to the news we got a lot to talk about today let's check it out no no no no no no before we do that before we do that I have to give a shout out to our awesome sponsor Bitcoin 2024 it's gonna be the largest Bitcoin conference on planet earth it's gonna be in Nashville Tennessee it's not gonna be in Miami this year July 25th through the 27th 2024 you definitely want to get your tickets quickly before the prices go up for a GA it's 349 for an industry pass it's 849 for a whale pass it's four thousand seven hundred forty nine Opti and I are gonna be there it's gonna be awesome check out Bitcoin 2024 in Nashville Tennessee the year of the having Opti and I are gonna be there some other simply Bitcoin members are gonna be there it's gonna be awesome use promo code simply to get a 10 % discount on the already discounted tickets to Bitcoin 2024 all right now let's hit the news the daily news I want to give a shout out to our sponsor foundation devices it's self -custody done right they built a premium grade hardware wallet called passport right here in the u .s.
Fresh update on "two things" discussed on The Maverick Paradox Podcast
"I think communication is everything. It just makes me smile. Many years ago, I worked with one large retailer. And if you were senior management, you'd take a Sunday shift. But it was expected that you'd work a whole day, not just when the shop shut. You'd work a day, which was fine because that's what the expectation was. Then I worked in another retailer and their rules were, if you worked a Sunday shift, you worked like when the shop was open. But no one told me that. So I'm still working and the HR office is very far away from it. It's a different floor from the shop floor. It's away from all the other offices. And the only reason I knew that people were no longer there was when the cleaners went, oh, I'm sorry, I didn't realize you were still here. Oh, hilarious. And I don't see the time, but I still had many hours left to go from my perspective. And they went, oh, did no one tell you love? Everyone's gone home. And I was like, oh. And that made me unhappy. And I was unhappy because no one said to me that that was the case. So it made me unhappy. Whereas it didn't make me unhappy working the hours because I thought that's what was expected because that's what I'd been doing in a previous place. But I was unhappy by not being told. I think there's that mix and that change, isn't it, that can happen if you don't know the values or people don't explain the culture to you. They just assume that you know. Well, I get very demanding when I join businesses, definitely when I was younger. I'm like, I need to know what's this? Where's the organogram? Show me how it works. Because when you're working in a business, and I'm really clear with new starters now, like with my business, as I bring people on, I really do go, these are the priorities here. These are the expectations. My first thing is I want you to make mistakes. I want you to mess up because otherwise as a business, we can't move forward. And I really openly say that that's a really important part of my values is that the number of times I was unhappy because I made a mistake because I didn't know I was making a mistake or I made a mistake and I felt like I couldn't talk to anyone. Those were the real indicators of my unhappiness or symptom, what's the word I mean, causes of my unhappiness in a business was that you always are going to make mistakes. So if you make a mistake and you don't know what to do with that, then it can be really distressing actually and those mistakes can be just purely because something's not been communicated to you in a way that you needed it to be. I suppose by saying to people, don't be afraid to mess up, it kind of gives me the get out of did I make sure I communicated everything with them and if I haven't then we can work it out together. But that's the point, you work it out together. I always say because 90% of the time I'm working with businesses and business owners in terms of their communication and presentations and I think it's the most underrated. I mean everyone knows they need to be better communicators but what work are they actually doing to make sure that they're better communicators? Where are we expressing intent? Where are we making sure that all the signposts have been delivered? Or that people know what's going on? When you've got bad news to deliver within your business, have you written out the list of people that need to know in the order that they need to know it in so that you don't miss that person out who then gets up very upset because they find out in the meeting after they should have known. I do think that good communication is a source of happiness and it definitely is connected directly to your well-being. Yeah and I think that's because leadership is personal so communication needs to be personal. There's nothing worse than someone saying it's only business, it's not personal because it's not personal to me because it's only business but it's like a complete negation of the other person. Before we end today, is there anything that you'd like to share with the audience? Do you know, we talk about happiness in leadership or leaders that are happy and there are just a couple of things that I just, as I was thinking about coming into this podcast with you today, things that I reflected on as myself as a leader and the things that I know I try to do. We've talked about knowing yourself, we've talked about knowing what you want to achieve, we talked about your values and all of that but I also want to talk about two things. One is get the basics right. The basics are, are you sleeping enough? Are you moving enough? Are you eating the right thing? You know, we talked right at the beginning of this conversation about feeling bad when we don't achieve things and actually rest is so vital and I call them productive nothings. I almost book them into my diary when it's, I mean this week I haven't and I know it, but you know I've made sure that on Sunday I have nothing in, like literally nothing in. I don't have to get up for anything, nothing because I know I need that time to rest and recharge to be happy again next week. And then the second thing is that I think we really negate the power of creating space and now I've talked about creating space there in itself by creating this space to rest. But actually, you know, if you create space for your team, if you create space for your direct reports, if you have regular check-ins with them, then it gives you the opportunity to have those conversations that might be wearing you down a bit. You know you've got to have this difficult conversation, it's coming up or a courageous conversation as I like to call them, but it's causing you a load of stress and you're not quite sure how to deal with it because you've not had a series of meetings in the diary over a long period of time and now you're having to have that one conversation that is now the difficult conversation. If you can create space for the people in your team, for yourself, for new people coming in, for ideas, for anything, that to me is one of the key ways to get your happiness and that is why I like the Paddle Board because I'm creating space for my brain. What a great place to end there, Kate. Thank you for coming on the show. You're very welcome. Thank you so much for having me. You're welcome and thank you out there for tuning in to the Maverick Parallax Podcast. I am Judith Germaine, your host, and I hope you have enjoyed listening to Kate as much as I enjoyed having the conversation. As a leader, you know that having a strong level of influence is essential to achieving your goals, but how do you know if you're truly making an impact? Take the How Influential Are You scorecard to get a clear picture of your current level of influence and identify areas for improvement. With personalised recommendations and valuable strategies, you'll be able to amplify your influence and make a real difference as a leader. Don't miss this opportunity to improve your leadership skills.
A highlight from 1261. Fed Meeting vs. Crypto LIVE | Jerome Powell + Inflation Sentiment Analysis
"All right, so welcome in everybody to the live stream today. We'll be breaking down the FOMC meeting and also talk a little bit about what Chair Powell has decided to do along with the Board of Governors and break down all that, what kind of implications this might have on the market for you. It's going to be a good one. My name is Paul Beyer and welcome back in the Tech Path. All right, so joining, of course, today we will be doing our normal live stream where we air the Fed meeting. And it's not necessarily the meeting, but it's the remarks. It's the press conference after the meeting, which obviously we've got news in now that there is no rate hike. So whether you think that's a good thing or a bad thing, I think the key here is that the Fed has continued to hold this position of softening now is and can they navigate a soft landing is the real question. I think this is going to be the one that we'll have going into this. We're probably going to take, I think we may take some questions. It depends on how long Chair Powell talks. So make sure and drop some of those over on the side. And if this is your first time here on the channel, all I would ask is that you subscribe. We do a lot of hard work and research to hopefully bring the best news content out there in the crypto and blockchain space to you. So just hit that little subscribe button. And if you can hit the little bell, it's going to give of you notifications when we go live, just like this one right here. So we'll break in and all that. Just to let you guys know, so when the Fed meets every month to every two months, depending on the on the period of time, basically you have a board of governors that comes together. They start working through all of the data that comes in from the market. And then at that point, they start to make the final decision of how they're going to go interest about rate hikes or potentially interest rate declines. So we'll be airing Chair Powell's speech when he addresses the press corps here in a bit. So just be on the lookout for that. They are probably about 10 to 15 minutes away. We'll go through some things here today I want to talk about today. First of all, how would Bitcoin react to the Fed's interest rate decision? Obviously, right now we're starting to see Bitcoin do a little bit of slight move down. But that's my question is, do we continue to see Bitcoin in more of a holding pattern right now with where it has been? Or if you look at the chart, let me kind of bring up the Bitcoin chart real quick and I'll just jump over to my chart. And I'm on the five minute chart right now. But as you can kind of see, let me go to the one hour so we can kind of push that out for the last couple of days. You can kind of see a little bit of that incline that we've had over the past few days where Bitcoin slipped right into that $27 .4K range at its high and it started to adjust off of that. And I think this is the scenario that I think a lot of people are looking at. And that is when you consider the current status of the macro pressure that the markets are getting. Remember the S &P and I'm going to show you guys some cool things. Let me jump over to the S &P real quick because this is something that we've been doing here on our power index or our market sentiment index and that is starting to measure a little bit more of the S &P compared to what's happening in crypto. Right now I'm looking just at the one hour but this was the decline that we've seen in the S &P 500 which of course has started to adjust a little bit. Now some of that may be coming from the softening in the market itself. Let me jump over to this article here because I want to go back to this point on Bitcoin. Fed's interest rate decision everybody's expected today did come in at what was expected being no interest rate hike. However some experts also said that low volatility may continue after Fed's decision and investors expecting high volatility in the Bitcoin price may be disappointed. I am in somewhat agreement with that. Now there are two I guess two camps thinking of where this direction may go and what it really boils down to is two things. One of course is going to be the situation of when the Fed does pivot and the other is going to be how much lagging data is coming in in the last quarter because here we are going into Q4 October 1st. Once we start to move into Q4 we're going to start to see one the Q3 earnings that will give us some indicators of how most of these companies are doing which will cause some action on the S &P 500. And then with that you are also going to get lagging data on jobs. You're going to be lagging data on general scenarios that are market pressures coming things like the oil market. And then what we'll see is I still believe is the CRE market the commercial real estate market. That's going to be the one to watch for. And that is my concern if we continue to see a little bit of a decline there. Now the other question that plays into this is how sticky will inflation be during this last quarter because all of what we could see and including possibly another quarter point and we'll probably hear this from Chair Powell here in a few minutes when he comes on to address the press is whether or not we will see another quarter basis points rise in the fourth quarter of this year and how that sets up Q1 and Q2 for 2024. Now you have to be thinking about what is this going to do around an election year. You've got a lot happening with the UAW. That's the United Auto Workers strike potentially looming. Biden administration is pushing hard to try to position against that along with what's happening on the labor market tightening somewhat. And then of course what we've seen with sticky inflation. So all of this was really playing into when is that bottom really in. Now that's the question mark for Bitcoin, Ethereum and some of the blue chip assets. Have we started to see maybe a little bit of that swoop off of the bottom and started that into that stabilization. And I'll show you guys some examples of that. But here's the U .S. Federal Reserve keeping rates elevated through 2024. This is the concern that I think slows things down a little bit in the general market. And that is that if BlackRock is right and that if we continue to see higher rates interest rates through 2024. Now when I say higher he could still pivot and start that quarter point softening of a market. That in itself would most likely send the markets into a tizzy. But I think the other issue is whether or not we actually reach the scenario of an inflation cap that actually gets hit by consumer price index which obviously will affect consumer spending all those kind of things. And that starts to roll into the potential of a recession. And that is the real question mark looming here right now. A couple of points I want to hit out on this article on BlackRock. BlackRock's head of global fundamental income strategy agreed that the Fed is unlikely to change rates. Everybody's right on that. But the big deal is since March 2022 the Fed has increased rates 11 times to fight soaring inflation. And we've got a few charts I'll show you here in a minute of the history of inflation and the reaction of markets and how they've been able to respond. What you see there right there in 2023 is where we are now. But obviously this back in the 1980s when we were at pretty much all time inflation hits. Additionally if you guys did not follow this Citigroup announced the Fed interest rate forecast for September and November. This is another one that I think is important. From now on markets will price and how long interest rates will remain high and rather than whether there'll be an increase in interest rates. And that's my point is if we're talking about all of 2024 seeing a five plus interest rate Fed fund rate that's going to continue to pour money into the money market overall. And I think that's the other scenario especially when you look at the amount of liquidity that's going to be setting in on the sideline. So that's another factor into 2024 because you've got the halving coming with Bitcoin. You have a new election year coming in and then you have these crazy scenarios playing in on all these market pressures coming in from the macro side of things and that's providing that we don't end up with a united autowork because I think if we get a strike in the car market that could have some pretty big effects possibly even actually be one of the things that pushes us into recession because of how the auto mobile industry is so connected to so many different job industries so many sectors and obviously part of what we'll see in terms of just consumer pricing. Other parts on this I wanted to show this is kind of the the nominal Fed funds target rate increase during the FOMC tightening episodes. This goes all the way back to 1983. And this is good because it shows you how quickly this is us right now in the green the twenty two twenty three range. Look how quickly we've accelerated up that chart versus if you look at the 2004 to 06 tightening all the way back to the 2015 to 18 very slow and steady until we had the you know what. And then back here in the 80s which was really kind of that flat line and then boom that heavy acceleration that we had in the early 80s when we really started to see kind of a redefinition of what high inflation truly was. And I don't know how many of you guys are around. I was still in high school at the time but but it this kind of shows where we could be. Now that's the question mark right now because if we stay at this rate right here if we start flat lining right here what maybe we'll have a little bit of this kind of effect back in the 80s where before we saw that last two to three point raise. And that's the concern I have is if we do see any kind of somewhat tentative recovery here in the Q1 possibly even in Q2 does the Fed look at 2024 data and start to reposition. I still believe that we are at the end of this cycle.
A highlight from Ep379: The 5 Fs Podcasters Shouldn't Neglect - Jerry Dugan
"Be consistent with who you're speaking to, what you're posting off. Still show yourself and be a guest on other shows, especially if the show is like yours, because those listeners will also want more and more variety and they'll come to you for that. Most hosts never achieved the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. What's up, podcaster. It's your host, Adam Adams. And today I'm joined with Jerry Dugan from Beyond the Rut. And Jerry's passionate about supporting business leaders, helping them with different things like work -life balance. So one of the questions that I'm going to ask, does work -life balance even exist? Because I'll tell you it's very polarized. On one end, everybody's like, you have to balance, you have to balance. And then I read this other book that said, no, it's not balanced. It's switch tasking. You go here all the way, then you go here all the way. And then there's other people that say you have to be out of balance for a certain amount of time. So I'm really curious just to start there. Jerry Beyond the Rut supports people with a life worth living in faith, family, and career. So a lot of the listeners that you have are probably around my age and your age that are probably struggling with the work -life balance and making sure that they are putting enough to their faith and their family and their career. And I love that. I want to ask, why do you think work -life balance is real? And what have the other people said? Yes, ultimately, I think they're all saying the same thing. Like if you really break down to what, like, even the folks that say there's no such thing as work -life balance, what they're ultimately saying is like, we make life choices based on our priorities. And when I talk about work -life balance, I'm saying the same thing. One of my hope is that when you're on your deathbed, I already know you're not going to say, man, I wish I did one more launch of my program or man, I wish I was at inbox zero more days in my life. You're going to say things more like, I wish I had one more day to spend with my grandkids and my great grandchildren. I would have loved to have been there for my daughter's wedding or for my son's wedding, whatever it is. And in serving in combat and knowing some folks who worked in hospice care, that is the thing that they hear over and over again, that people wish they had more time to be with the people they love and on the flip side, when they have the people they love, they wish they succeeded more in their career. And so it's like, what if you could win in all of that? What if you could take your career as far as you can and not sacrifice your family at the same time? And so you look at what's important to you and how are your current activities impacting those areas of your life? How are you doing with your family life? You know, okay, work's taking a lot out of me. Okay. Is that a permanent thing or is this a temporary thing? If it's temporary, then you talk it over with your partner and you decide from there, like, okay, yeah, this is temporary. What's the deadline? What does success look like? And what's the bailout trigger that says, all right, we're not hitting these measures doesn't look like we will let's scrap that and go another direction. So that to me, that is why I'm a big fan of work -life balance. It's not just strictly. I spend so many hours at work, so many hours at home. It really is. How is getting out early impacting all the things? Am I going to miss my children's big school events? What's that impact if I do? And what's the message I send? Because I'll tell you from personal experience, I was a lot of kids, superheroes, because I would volunteer my kids' school for a day and their dad had to go to work and it's not the same thing against their dad, because why did the dad go to work? Because he wanted to provide for his family. And so the motivation for a good thing for the family was there, but there wasn't that balance to, I also want to communicate to my child that my child is important. I want to communicate to my partner that she's important. And so it's, how do you win at all those things? And how do you find the right company that will support you as a person while also supporting you and your career growth and getting you to perform well to help the company also succeed? It's like, there's a way to find all that. I want to hear a tip or two. And I'm thinking you and I talked a little bit about this before we first press record. You were talking about the checkbox and a lot of us, we got a checklist and we're checking off all the boxes and it's seems like we're checking off all the boxes. It feels like when we look at the checklist, it's pretty much full, but we might not feel fulfilled even at the expense of checking off lots of boxes. So if that's us, we're listening and we're trying to think of what is it that we think we've had success on paper, but we don't really feel it. We don't really feel like we're everywhere we need to do. What's one or two tips for the listener to be able to feel like they're doing the right thing right now? I think the first thing is you got to know who you are and that's the big broad umbrella piece of advice. Know who you are, what is valuable to you? Like, what do you believe in? What do you not believe in? It's if you believe in respecting the dignity of every person, then that is key. If you value time with family, then your calendar should reflect that. If you value being a supportive person for your family, does that go beyond just monetary support? And so knowing your values, I think is very huge. What is your vision, your purpose in life? I have a couple of mottos I live by. One is the Dugan crest motto. So somebody around the 1500s and it's a miracle that the Dugans are still around because apparently these guys called the Saxons came into like Ireland and almost wiped us all out, but like good Irish people, we stuck around. And so that's not important. The important thing is somebody added to the family crest. Oh man, it's by virtue and valor. So for Tute et valore, and it sounds cooler when it's Latin. I hope I said it right. So that's one thing I live by is am I living my life according to my family's crest motto, am I living by virtue? Am I living by valor being courageous to do what's right when even nobody's looking. But then from there, I had a vision that I wanted my children to live a life that was better than mine, but also be set up to be better adults than I was to have better successes than I did to know who they are and to feel comfortable pursuing their own dreams. Like that's in a written vision that I have tucked away on Evernote somewhere. So you got to have something like that. Like, what do you stand for? What is life like for you when you die? And I love talking about these things called the five Fs, your faith, your family, your fitness, your finances, and your own future growth or possibilities. Like looking at your life through those lenses, what does success look like for you? So I guess that's the second one is defining a second, Jerry. I missed an F F that I got faith. I got family. I got finances. I got fitness. And what did I miss? Emily, faith, finances, and fitness, future possibilities, future possibilities, always growing to be better today than you were yesterday. And then what's that future state of yourself you'd like to become. And so being a constant learner is that future possibilities. One reading books that are outside your usual norm, listening to podcasts that are outside your norm, being open to ideas that are not typically in your bucket or wheelhouse either a, to see how your own ideas and beliefs stack up, because sometimes like I myself had gone through life and realized, oh wow, I held onto this belief and I met three people who completely challenged that is my belief wrong or is it just not as strong as I thought it was, is there more context? I needed to add. And, and so sometimes I realized I was completely wrong about something. And other times I realized, oh, I was missing a lot of context here. I believe this, but only in this context, because I also believe this and my belief should not undermine somebody else's right to be who they are. And so it's like, oh yeah, okay. I can wrap my head around that. And I can be a decent person in my community that way. And so that, yeah, the future possibility is that a bit more unpacked, I should have put that in. Have you ever heard of, I think it's Gino Wickman and I hope I'm not wrong. And he wrote like three books. One was like, I'm going to just type in Gino Wickman. This is going to be the easy way. Then I'll sound so smart instead of dumb Gino Wick man. All right. So he wrote three books. Yes. Yes. What the heck is E O S he wrote traction and he wrote what it's not showing me the last one traction, what the heck is EOS and there's another one called rocket fuel. Okay. So these three books are interesting and it kind of is what you're talking about, but in more of a business category. And so I think this is really great to extract it and bring us to the listener in rocket fuel, what the heck is EOS and traction, ultimately what Gino Wickman talks about is your business should have a culture or have values that you all live by. And so it's interesting because when we look at all of the things that we can value, let's just pretend that I don't know the number. I'm just going to say that it's 20 values. There's 20 things that are good. And most people would agree with 18 or 19 of them. So one would be honesty, but at what expense are we going to be rude and honest? Another one might be politeness. Another one might be doing the right thing. Even when it hurts, you kind of mentioned your integrity. Even when people are not looking, am I going to be doing this with my family crest and everything? So the Gino Wickman also talks about like all of these things that we can value. And most of them are important to everyone. Honesty, of course, that sounds right, but not everybody puts that at the top of their value. Maybe they put discretion, maybe they put kindness above it, or maybe they put honesty above kindness and et cetera, et cetera, they might put doing the right thing, even when it hurts as one of the top values. And so in RocketFuel and EOS and Traction, Gino talks about how we need to build our team, our company culture around where all of us agree on these main values. Like we value making money, we value serving the client, we value X, Y, or Z. All of them are good, but which one is in the hierarchy? And so when I'm hearing you, you basically gave me two things. The first one is you got to know who you are. You got to know your culture. You got to know your values. What do you believe in? And you talked about by virtue and valor. What do you believe in? What matters to you? And then you focus on it and you bring people along. And the second one is a written vision. Like you actually write down the vision where you put in faith, family, finances, fitness, and future possibilities, and you figure out how are you doing these? How does this work for you? And you write it down because everybody's vision, like a fingerprint has to be different. Everybody's culture or their values have to be a little bit different, how they put them. And for you, you're saying a way that you can check off the boxes is to just know exactly what the heck the boxes are in the first place. Know which things matter to you and get rid of the rest. So you can really focus on those. And I thought that was really interesting because not only can we do it in our business, we can do it on our podcast. And as you've illustrated, we can do it with our family, with our own lives, our personal lives. So I thought that was really, really beautiful. I appreciate you going into that before we move on to anything, something that I missed or something else you want to share about being able to check off those boxes and feel really good about it, even that person who might be listening might feel like it looks like they're checked off, but they don't feel completely fulfilled. Yeah. Similarly to how business, they have their strategic plan that pushes them and they make big decisions off of that. Does this activity support the strategic initiative of this organization? And the answer is yes, they keep pushing forward with some adjustments. If it doesn't, they're like, well, then why are we doing that? Let's cut that out and let's restructure and reorganize. And it's cool to see that there are these business and even podcasting principles and practices that help us create a better podcast, create a better business, and we don't realize how easily we can just transfer those same skill sets into our very lives. And so it's the same thing. You know, how many people do we know who are physicians who hate being a physician? I can think of two or three or somebody who became a lawyer because the money was good and they quit being a lawyer because they realized that wasn't fulfilling for them or me, I left my corporate job because I realized I didn't want to start all over again and build something that belonged to somebody else and it was time to go after my dreams. So even my mom like kept encouraging me to become a doctor. I was a pre -med student. I'm not a doctor now because I did not do well as a pre -med student, but I realized later on it's because that was never my dream. That was my mom's dream. She wanted me to be a doctor. She wanted to be able to live vicariously through me and what she wanted success to be, and once I realized, Oh gosh, I don't want to be a doctor. What do I want to be? Of course, now it took a 10 year journey for me to realize what I did want to be, but I got there, man. That's that's important. So anyway, that was it. Yeah. You're willing to walk away from something really good stuff. I want to move into just your podcast journey now for the listener. I'll point out a couple of things that I'm seeing with your podcast. Hey, I think it, haven't you been doing it for like eight years? Yeah, this particular year, eight years. Yeah. Amazing. So with eight years, over 400 episodes and a lot of traction, not going back to Gina Wickman, a lot of traction on your podcast success, I think that we've got a couple of listeners that haven't quite been doing it for eight years, they may have been doing it for a year or two, they're new. And they would like to have the type of success that you've got with your podcast. So I'm like to get a couple of takeaways, what you've done, what you've learned, what you would do differently. First, a quick word from our sponsor, but when we get back, I really want you to focus on what made your podcast successful so that the listeners podcasts can also be successful. We'll be right back. Hey, my friend, as you know, this episode is sponsored by my company, growyourshow .com. We want you to be able to have the best tools at your disposal without costing you a whole arm and a leg. So right now you can get a free list of vetted equipment that like mics, mixers, webcams, sound treatment, editing software, everything that you need. I created the whole PDF with direct purchase links, just to save you time and money to help it be more convenient for you. So this free PDF will help you skip all the guesswork. If it's on there, it's vetted and approved by yours truly. And if it's not on there, it's probably not worth the money. So go ahead and get yours at growyourshow .com forward slash PDF. Let's get back into the show. We're back with Jerry Dugan. And we've talked a little bit about work -life balance, helping leaders with work -life balance, making sure that you're checking all the boxes and feeling fulfilled and the five F's and his family crest, which I don't even remember what it said in Latin. I think it was Latin, but it really means by virtue and valor. And I wanted to talk about now, how is his podcast so fricking well known and he's doing a great job. He's getting a lot of success through the podcast. And hopefully you'll be able to take away a couple of things that can support you in a successful podcast as well. Jerry, what do you think made your podcast? Yeah, a lot of what I'm seeing really is in the last year, year and a half, really. So I jokingly tell folks, but I'm not joking that it seems like I did year one, seven times, and then finally I had year eight happen all at once. So it's no overnight success kind of thing. I think the first thing that really helped was when there was a team of three of us. So we started off with three of us. We all agreed on one thing other than the name of the show. And that was the avatar of the show. So we have an avatar that we named AJ. He's 35 years old, married to his college sweetheart. He has two kids that they both have together. One's in elementary school. One's in middle school. AJ has a mid -level leadership career going on with a corporation in a metro area. And got the car, got the house, got the six figure income, but feels stuck in life. And so from there, we start to unravel how AJ feels stuck. There's the commute to work. There's the no real future in the job he's in. Not really making any progress. Wants to be a good family man when he gets home, but he's just drained of energy. And this cycle is putting a strain on his marriage. The kids feel like he doesn't love him, which is so far from the truth. So how does AJ live the life that he really wanted to live in his faith, in his family, in his fitness, finances, and his future? And so that's what we did when we came together to start the show. Now where we had a lot of weak spots, and I feel we did the first seven years over and over again, was that when you listened to the early episodes, we were all over the place, we didn't really stick to that mantra. Like what does AJ really need? And I hate to say it, but it wasn't until like the other two guys quit from the show that I realized, Oh, we're so far from what we wanted to do, who we wanted to help. And so how do I get there? And so year six, really going into year seven was how do I niche this down? I worked with a couple of different groups that really helped me start to niche that down. Jerry, you're helping specifically this demographic. You're helping them specifically with things like work -life balance and really having a mapped out future or a vision for their future focus on that. Okay. What kind of guests should I have? And so this kind of leads into the second one, which was that pairing down that niching down. So the first one was having that vision of who I wanted to help. The second one was really paring down and niching down. How am I going to help AJ? And once I started to see that a bunch of doors opened up and the third thing was I needed to get the word out there. So the marketing piece, I threw stuff out there for the first seven years, but really it's in this last year that I've been more intentional about it. The posts that I put out there on social media are aimed at AJ. The shows I appear on are aimed at AJ and you know, as that guest appearance on other shows, I think so far in the last 10 months, I've been on almost 70 other podcasts and to the point where now I'm starting to feel like I'm in alternate realities down. Like, how do I know Adam Adams? Oh yeah, I was on his show. All right, there we go. We talked about this, this, and this, or how do I know, Deirdre? Oh yeah, I'm here, here and here. It's just all that starting to overlap. But anyway, those would be the big three is know who you're serving. The second thing is truly niche down. Even if you have a lot of passions, interests, try to stick to one thing and just kind of lit little dose of yourself, sprinkle into your episodes. That way people know what they're getting when they come to your show. And then the third thing, I know I just said it. Marketing.
A highlight from Larry Taunton
"Folks, welcome to the Eric Metaxas show, sponsored by Legacy Precious Metals. There's never been a better time to invest in precious metals. Visit legacy PM investments dot com. That's legacy PM investments dot com. Hey, you have you checked your bucket list lately? Are you ready to take care of item number seven? Listening to the Eric Metaxas show? Well, welcome. Tune in and then move on to item number eight. Skydiving with Chuck Schumer and AOC. Here now is Mr. Completed my bucket list at age 12. Eric Metaxas. Hey there, folks, welcome to the program. Today is Tuesday, September 19th. Exciting stuff. First of all, in a moment, we're going to talk about John Fetterman's clothing choices and how the world is going to hell at the speed of light. That's number one. Number two, we're going to talk to our friend Larry Taunton about everything else in the world and how things are going to hell at the speed of light. Larry Taunton, of course, dear friend. So he's my guest in our one in our two. We talked to another friend, Rosaria Butterfield. She has a book out. I have a copy here. Five lies of our anti -Christian age. She is amazing. We're going to have an hour with her today. That's our two. And then I'm going to get another hour with her, which will play another time because she's just extraordinary. So lots more to say on many other subjects. Tonight, we have a special Socrates in the city patrons dinner here in New York City. I want to talk about that another time. We're launching some very exciting Socrates initiatives, brand new, exciting. But so that's that's the setup. But we have our fashion expert, O .W. Root. He's a fashion blogger, culture critic. O .W. Root, welcome back. Thanks for having me. OK, what do we make of the unbelievably slovenly John Fetterman, who is somehow a United States senator dressing the way he does and not just that, but the headline is somehow maybe you know more about this than I do. The Senate, in a nod to the devil in hell, has said we're going to relax our clothing standards and we're going to let you wear a hoodie in the Senate. It's like we're making this up. What do you think of the situation? There's two things that come to mind when I think about this. First is the unbelievable hubris that exists in Fetterman. I mean, think of the hubris that it takes to serve as a senator in the United States of America, the most powerful empire on Earth, and essentially refuse to meet the basic standards of decorum and then force essentially a tyranny of the unreasonable, force them to relax their standards just for you. Think of the level of selfish hubris that exists there. And next, when we see this, it is a physical representation of the degeneration that we see everywhere. Our clothes reflect civilization and they reflect the health of our civilization. What the does clothing of John Fetterman again? Not some random guy on the street. He's a senator, United States of America, most powerful empire on Earth. And this is what he wears. And this is what they have changed the rules to allow. It is a sign of degeneration. Do we know why they changed the rules? I mean, the whole thing, I guess I haven't looked into it. So I'm not I'm not really clear on why they did that. Well, I know this. I believe that there is a rule that you can't vote unless you are wearing a suit. And he would vote from the corridor or something. Yeah, believe it or not. So he would sort of stick his head in and vote. So this is something like a high schooler. This was something a high schooler would do. You know, someone is like, I'm here, I'm here for class. Right now. And maybe they changed it for that reason. Maybe this reflects a bigger trend, honestly, toward the generation and collapse, because you've seen the adoption of tennis shoes. You've seen some of these senators that are pushing for sneakers to be allowed. Have you I don't know if you've seen these news articles, but there are more senators and politicians who are they've had these articles written about how great sneakers are and how we need to bring them into. The government. Yeah, yeah. I'm sure George Washington, if he could have would have worn would have worn sneakers, it's obvious that he would have worn red, you know, high tops, canvas high tops. No. Now, what's interesting to me about this? And by the way, people want to find you. They can go to necktie salvage dot com o w route at necktie salvage dot com. But we're talking about bigger issues, obviously. It's not about what one wears as much as what does it mean? What is what does it mean when a building is ugly? You know, is that just a architecture thing or does it touch the soul one way or the other? You could talk about brutalist architecture and how it seems to make us feel small and insignificant. There's other architecture. You look at it. It ennobles you. It inspires you. It's beautiful. Clothing is the is the same thing. And we talked about this last time you were on that, you know, since the 60s, there's been this it's almost like this kind of false egalitarianism, this idea that, oh, we don't want to make people feel bad who can't afford to dress well. So we're all going to dress like bums in solidarity with them. Now, the irony is that if you look at pictures from the past, every poor person, you see pictures in Harlem. Everybody is wearing a coat and tie, has tremendous dignity and took pride somehow in looking dignified and adult. And that's really what is happening to me. It's always it's a biblical issue in the sense that, you know, the head becomes the tail, the tail becomes the head. You no longer have this this order. In a sense, you have to say like, oh, we want adults to dress like kids because Federman, he's just like a sloppy kid. I mean, kids wouldn't dress like that years ago. But the point is that now it's like, I don't know, he has so much money and has so much white guilt that he wants to dress like what in his mind somebody would wear, you know, in the inner city. I don't know what's going on there, but it's something to do with that. We want to show solidarity with those who don't, you know, have the ability to. In other words, it's it's not logical, but that seems to be what's behind it. Absolutely. And this it reminds you of. Let's bring it back to those pictures you mentioned. You go back to the 30s, 20s, 40s. You could be destitute and you are you see guys wearing a coat tie. And there is a sense of ascendant dignity there. It's lifting up the impoverished, lifting up the common man because clothes represent him in a higher image. So what does it mean now in our decadence and in John Fetterman's decadence in our? We have so much money, he has so much money, and so he chooses to go down, he chooses to bring it down. Like you said, this false egalitarianism and go down and down. And it's not a shock that when you see those old photos, when things were really tough, times were tough, times were hard. But there was this need to reaffirm one's dignity through the difficulties. But for John Fetterman, there are no difficulties. In fact, he has made he's essentially forced the Senate to compromise to him. And so he has no difficulties. And so he doesn't need to reaffirm any dignity because he can dress like child. a And again, my son doesn't even dress like that. My son doesn't wear hoodies. My son doesn't wear a graphic T -shirts he wears. If I had a son who dressed like that, I'd put a beating on him. No, it's kind of it's kind of interesting. It's very interesting. It's a larger conversation. We don't have time right now, but we have to have it. But because I know that there are probably many men listening to this program right now who say, well, you know, Eric O .W., I don't know, I don't know. I don't like to I don't like to get dressed up. I don't like to I get that. Now, there's there's a there's another conversation there about the whole thing, because I really think what's happened is this used to be so normal that you didn't really have to think about it. Everybody had a certain kind of clothing. You just put it on like a uniform. You didn't have to think of it. I kind of have that. You know, I kind of a couple of jackets. It's not like I got to go, oh, what am I going to do? What? And I think that's part of what's happened is that we have we we no longer know how to dress. We don't know what is the formula. What is the it used to be a basic thing. Kids, young boys would wear shorts, not long pants. At a certain age, you dress like a man. You'd wear long pants and a coat and tie. Kind of a basic thing. Policemen wear a uniform. A nurse would wear uniform, doctor or uniform, white, whatever. All of that stuff was part of the culture. It's gone out of the culture. And now we're sort of confused. And so a lot of people in their confusion, they throw up their hands, they put on a hoodie and they vote in the Senate. We're at a time. Oh, W. Root, thanks for coming on necktie salvage dot com. Coming up, Larry Taunton. And after that, Rosaria Butterfield, folks, don't go away.
A highlight from A Sober Journey to Becoming an Author
"You know, I had maybe 100 or 150 failed attempts behind me, you know, of me saying, that's it, no more. I'm not doing it today. I honestly can't say what the difference was that one time, but that one time I was well and truly freaking done. And I just said to my wife, I have to get help. It's out of control. I can't control it. And it was terrifying. Hey, everybody. Welcome to the Addiction Unlimited podcast, where you get to learn everything you want to know about addiction and recovery. I'm your host, Angela Pugh, co -founder of Kansas City Recovery, Life Coach, and Recovering Alcoholics. To learn more about me, you can listen to episode zero on your podcast app or find us on the web at addictionunlimited .com. Hi, Will. Thank you so much for coming on and doing this show with me. It's so good to see you. Hey, Angela. Good to see you too. Take a couple of minutes and tell everybody a little bit about you and what you do. Thank you. So my name is Will Thacher, and I'm an author of addiction fiction novels. I'm also an addiction fiction nerd and fan. And that's my little world. I'm a sober guy and I love these stories. I'm a big lifelong avid reader. And I just sort of found this space, which there's really not that much in it. There are a handful of authors that have done some great work and I'm passionate about it. And so that's how I'm doing it. There are so many typical books that you get in the recovery space, right? It's not self -help based. It's not personal story based. It's not a memoir or a how -to or a guide, right? This is really reading for enjoyment. Totally. Yeah, that's exactly right. And you know, there are so many good books that are in the categories that you just listed. And there are new ones out every year and it's very well represented. Personally, I love fiction. It's something that I grew up with. I always had a book in my hands. And from my perspective, it's 90 % enjoyment. And there is a 10 % value in terms of relating this to my recovery, reading about people who are going through the same types of things, albeit in much more extreme circumstances in my books, relating that back to my own recovery. When we watch a movie, for example, that has characters in recovery or in active addiction, I have a very direct emotional reaction to that because I've lived through that pain. And I won't quite call it a spiritual experience, but certainly I'll have an emotional experience, a connection to those characters. So I do think that there is some little residual benefit to my recovery when I read these books. Yeah, I would agree with that for sure. And I think the audience can relate to this also in that recovery can be heavy work. Especially in the beginning, it takes so much of you and your time and your energy and it can start to feel very overwhelming. So to not constantly be immersed in the self -help, the personal development, sobriety, recovery, change your life, get your act together, to have something that has some pieces of that in the familiarity of recovery and recovery language, but to have it be just for enjoyment, I think is so powerful. And I'm really excited to watch this category grow. It's nice to hear you say that. And I personally agree with that entirely. This is deadly serious stuff, literally. But also, I'm a big AA guy and we always say there has to be some fun in it or else people aren't going to want it. And so I think that this is a way to keep a foot in the work, keep the themes and the ideas that you're trying to bring into your mind, trying to bring into your life and take a little bit of a break from the hardcore recovery aspect of it. I think it's worth mentioning that a lot of what I write is definitely not so much for people in their first three or six months of recovery. There are much better things that those people should be reading than fiction. Frankly, their lives are at stake. My work is really much more for people who have a little bit of sobriety under their belts, they're living a sober life and they want to relate to and hear stories about sober characters that are out there. I'm getting ready to publish my second novel now. And what I write about is what's interesting to me. What's going on in my life and in my head, which are next step sober problems. Okay, you got sober, your life got good, then what? Because that's what I'm interested in at this point. And that's what a lot of my characters go through. Yeah. I appreciate you saying that. And it reminds me of when I was new, I'm a 12 step person also. And I remember when I was really new sitting in those rooms and for several months, right? Not understanding a lot of the lingo and like the one liners. And now I love those things, right? Because I've been in it for a hundred years and it all makes sense to me. And it's this beautiful sort of shorthand, like you can pop out this one liner and it has so much profound meaning. Once you get it, it simplifies things. But when I was new sitting in there, I was like, what the hell are these people talking about? I just didn't understand those things. So I appreciate you pointing that out, that there is some depth of knowledge, but I think it can also bring some really great familiarity to the recovery world and some of that terminology and what it means. So I think it could go both ways, but you definitely want to have some basic understanding of a sober life. Yeah. I mean, that's why everybody recommends what they recommend to the newcomer, right? 90 and 90, there's an immersion that should happen in the beginning so that to your point, you start to speak the language and you start to think in those terms. And then from that point on, yes, you don't have to necessarily go to a meeting or two or three a day like I did from my first three to six months in sobriety. Yeah, for sure. So let's talk a little bit about your personal journey. What was it for you? At what point did you recognize that you really had a problem? I mean, I knew I had a problem for a good year or two before the rest of the world was rudely introduced to it. My problem came to light to ring a family vacation. I've actually heard a couple of other people tell versions of this story in the rooms, which was gratifying to me. I had spent the last really year, year and a half of my using and drinking in isolation, and I had gotten very good at hiding away from my family and from friends and doing my thing, doing at that time what I thought of as whatever I had to do to get through the day, surviving in this head of mine. And then we booked a vacation. I went away with not just my direct family, but my extended family for two weeks, and there was no hiding. There was no sitting in my office behind two closed doors, and it was unmanageable. And so I ran around for the first half of it, trying to keep a buzz going, trying to figure out a way to do this. And it just became clear that not just to me, but to everybody else, that this was a real problem and it needed to be addressed. And it was really humiliating to have that happen in such a public way, but probably the best thing that could have happened. What did you do when you really understood, okay, this has to stop, right? We get to that, what I call what everybody refers to as that sort of rock bottom moment. And just to clarify, because there is a misconception about rock bottom, rock bottom doesn't have to be a huge extravagant event. Rock bottom is just the very moment you hit in your head that you're like, oh my gosh, I cannot live like this anymore. Something has to change. So you have that epiphany. What was your next thought and next action to get started in making the change? Well, I had maybe 100 or 150 failed attempts behind me of me saying, that's it, no more. I'm not doing it today. I honestly can't say what the difference was that one time, but that one time I was well and truly freaking done. And I just said to my wife, I have to get help. It's out of control. I can't control it. It's totally out of my hands. Whatever happens, happens. And it was terrifying. So we came home from the vacation and my plan was to get myself into a rehab, go spend 28 days somewhere and let them tell me what to do. But in the meantime, I decided to hit a couple of AA meetings while I got that all sorted out. I have a good close cousin who's in recovery, who's a huge AA proponent. I actually have two cousins, both of whom I adore and whose lives are incredible because of recovery. And they always talk about AA. I guess they talked about it in front of me for a reason. We call that planting seed. I think that's right. So I went to AA. I sat down in a meeting and I heard my first couple of sober stories and I was hooked. I tell people that's what got me sober was the stories that I heard before there was fellowship, before there were steps, before there was service, any of the other key aspects of recovery. Before I even knew what those things were, I heard those stories. I read myself into every one of them, even if the circumstances were totally different from mine. I loved the arc of the qualification, what happened, how it is, how it is now. Just people amazing being incredibly honest. And I really thought, okay, if they can do this, I can do this. They sound just like me. They're literally saying the things that are inside my head. So I must be in the right place. I'm not a stupid person. I can connect those two things. I think I can do this. So I held off on the rehab thing because I thought I could, the great and powerful me, could sort this out on my own. But I did AA immersion, like two or three meetings a day. My work was in the garbage at that point. It turned out to be a blessing in some ways. And so I was doing two or three meetings every day and following guys around and that was how I got sober. Hearing you say all of that just again takes me back to my early days and so much the same experience. And I know a ton of people listening right now are nodding their heads in agreement, where you sit and you hear the other people share. And this isn't a 12 step specific thing. People say the same thing in my online community, and I'm sure they have the same experience in other people's online communities. But you hear people share their stories and you hear your story just with their details. And it's a really powerful experience when you can sit back and go, oh wow, I'm not the only one. Because I think in active addiction, it's so isolating. Even if you're not isolated physically, even if you're going out and drinking with people and you're not isolating in that way, mentally and emotionally, psychologically, it's so isolating because you feel so different from everyone else. I know for sure I felt like I was the biggest piece of garbage on the planet. I was disgusting. I thought my drinking was worse than everybody's, right? Because in my immediate friend group, I was probably the worst, you know? And then I got to the rooms and I hear other people talking and sharing those stories. And I was like, oh wow, okay. I'm not so isolated. I'm not on this one man island all by myself. I do have people that I can connect with and that truly understand. Yeah, totally. And there's a whole room full of them here nodding along the way that I am. For me personally, that's how I learn the best is through stories, which is why I do what I do. It's a passion of mine. But the thing that you pointed to just now that was really powerful for me also was just the self -talk that was going on in my head at that point was so vicious. It was so negative. And I was just brutalizing myself by the time I got in there. Like you said, I was the worst person. Let's be honest, I did some pretty bad things. And so there was some evidence available for that theory. But that's not the whole story. I was also a sick person. And I'd also done some really good things. And so being among people who have felt that way in the past and getting their compassion back in such a direct way was life -saving for me. Yeah. That's so important what you just said too, that it wasn't the whole story. I always say, we are all a thousand piece puzzle and I definitely have some bad pieces. I have some trauma pieces and I have pieces of my personality that can be really unpleasant. I have bad pieces, but that's not all my pieces. We all have good ones and bad ones. And luckily because of recovery, my bad pieces have gotten a little bit smaller and my good pieces have gotten a little bit bigger. But it's important to remember that, that it's not the whole story. And just like as a sober person, I'm sure you'll agree with this too, being sober a long time, my sobriety isn't my whole story either. There's still all these other pieces and facets of my personality that are super important that I have to be mindful of. And I have to nurture all those pieces too. Totally. Yeah. And maybe the most valuable thing that I learned in early sobriety was to discount my thoughts by about 90%. For sure, yes. Whether they were good or bad. On the long list of things that I have no control over, my thoughts is at the top of that list. This brain just cranks out bad data on a regular basis. So the most useful thing that I can do is to understand that. And when I get an idea or a thought or whatever it is, say, okay, that's just a thought. That's not a fact. That is not how the world is. That is not how this person is. That is not how I am. It's just the latest thing that comes out of this head of mine. And I learned to try to lead as much as possible with my heart and not with my head because my heart is much more reliable. My love, my compassion, if I lead with that, I really can't go too wrong. I can't really mess things up too badly. I'd been in the process of messing things up for a long time. So I was in the stop messing things up business at that point. And so that was a very good strategy for me for a long time. It remains a good strategy. Yeah. Remembering too that those thoughts don't put down the drink. Those thoughts in my head, that self -talk and how vicious it was, didn't magically disappear when I stopped chugging tequila on a daily basis. That's the stuff. That's really the recovery part that you have to work on and shift that. And just having that understanding is so powerful too that I couldn't trust what my head was telling me early in the game. I needed outside counsel. I needed another human that was farther along in the process that I could talk those things through. I think, well, this is what my head's telling me. This is what I think I should do to have that person go, oh, no, that's not what you want to do at all. Exactly. Yeah. I totally relate to that. For me, the tone of the voice changed over time. It was equally unreliable, but it was not as negative over time. And that's actually one of the themes in Killing Hurt is that the main character, because he's been sober for a little while and he feels better and his life conditions have improved and he's living a sober life, he becomes much more confident in this voice in his head and he doesn't realize that he's still full of bad ideas. So he has all of these sort of judgments and all of his thinking and he's so sure of them because he's a smart guy and he establishes in the beginning of the book how smart he is and how vital that is to his character, but he's wrong all the time. It's like amazing how often this guy's wrong and that's me. That's how I walk through the life. That's kind of what I like to do with the book is whatever I'm journaling on, whatever I'm 10th stepping in my recovery, it ends up being sort of embedded in one of these characters somehow. Okay. So you just mentioned 10th stepping. So I want you to explain to everybody what that is because a vast piece of my audience is not going to understand what that means. Oh, sure. Yeah. So steps 10, 11 and 12 are in AA, the maintenance steps, meaning these are the steps that you're supposed to do for the rest of your life once you finish your step work. So the 10th step is essentially your inventory. So each night, the way that I do inventory is that I sit down with a notebook every night and I just write what's going on in my head and then I look at what's there and I try to identify where are my character defects at play in this story that's playing out in Will Thatcher's head. I point them out. I'm like, okay, there's some greed, there's some dishonesty, there's some fear, a lot of fear in my inventory.
A highlight from Short Stuff: Origin of Math Signs
"Hello, everybody. The Xfinity 10G network was made for streaming, giving you an incredible viewing experience. Now you can stream all of your favorite live sports, shows, and movies with way less buffering, freezing, and lagging. Thanks to the next generation Xfinity 10G network, you get a reliable connection. So you can sit back, relax, and enjoy your favorite entertainment. Get way more into what you're into when you stream on the Xfinity 10G network. Learn more at Xfinity .com slash 10G. Hey, and welcome to The Short Stuff. I'm Josh, and there's Chuck, and this is Short Stuff. And we are going to talk about something that has been overlooked for far too long, which is the origins of the plus, minus, multiplication, division, and equal symbols. I thought this was really cool, by the way. You put this together with help from FASCO, Caltech, Science ABC, among other places. And I had never thought about this stuff because I'm not a math person, but I love origin stories. And so I thought this is really neat, especially the fact that these symbols came about to begin with because people, before they had these, you wrote out a math problem like this long word problem. But not like, you know, a train's traveling in this direction kind of thing. It's more like I have divided 10 into two parts and multiplying one of these by the other. The result was 21. Then you know that one of the parts is thing and the other is 10 minus thing. Right. That was an excerpt from a 9th century algebra book by the mathematician Muhammad ibn Musay Al -Kharwazmi. I'm pretty sure that's his name. Today, you would take that same formula and write it out as x times 10 minus x equals 21. Yeah. So simple. That's it. And that reveals why these things were so important. It just saves you so much time. So not only did it make writing an algebra book that much more attractive, it made teaching it that much faster. You might not have necessarily learned it any faster, but you definitely could teach these things faster with these notations rather than writing it out. And I also saw, Chuck, that some of those sentences that they would write, some people would put it into verse, metered verse, like poems. That takes a lot of time and it's unnecessary. Yeah. And especially at the time when you're writing with an eagle's feather and an inkwell. Sure. You know what I mean? That really drags too. It's not like you're just dashing this stuff off with a pencil. Nope. So some folks came along and changed all that. According to the VNR Concise Encyclopedia of Mathematics, hot read, the origin of the equal sign goes like this. A man named Robert Ricord, or Ricordae, was the royal court physician for King Edward VI and Queen Mary, and very influential mathematician in Wales. And he got tired of writing out equals over and over. So he thus proposed the equal sign because it is two little equal lines, and that's parallel equal lines. And I never thought about it, but it's brilliant. Yeah. He said a pair of parallels or twin lines of one length, and then he shows what he's talking about because no two things can be more equal. And there's a lot of extra vowels in those words, but he gets the point across. And he was saying like, this is such a great time saver. I'm so tired of saying is equal to. And he wrote it in a book called The Wet Stone of Wit. And of course, a wet stone is what you sharpen things with. So it sharpens your wit to read this book. I love that title. And it actually became very influential and well -read as far as 16th century math books go. And Robert Ricord is credited with coming up with the minus symbol and introducing it to his people back then. The equal sign, you mean? What did I say? Minus sign. Oh, just wait, Chuck. All right. Well, we're there. Plus and minus are what we use to indicate adding something and subtracting something, as everyone knows. The terms themselves come from Latin, where plus means more and minus means less. And the other thing is the plus symbol itself is also from the Latin word et et, meaning and, like this and that equals that, which is pretty great. So at one point there was a French philosopher named Nicole Oresme from the 14th century who used that plus sign as a shorthand for et, which is what they used to write. And at first it didn't take, right? I think like people weren't universally accepting this. Yeah, it wasn't until like the 16th or 17th century that it started to really kind of take off. I think the 16th century. And apparently there was competition at first too, that it wasn't just the plain old plus sign, that equal cross, that there were other crosses in the running too, including the Maltese cross. It's a great looking cross, but it takes a lot more time to write the Maltese cross out than it does to make a plus symbol. And the whole point of these things was to save time. So everybody said, yeah, Maltese cross, we like you, but we're going to go with the plus sign. That's right. So that's plus. We got equals, we got plus, minus now. In Europe, there was an Italian mathematician named Luca Pacioli. And Luca was using the symbol P with a little line over it for plus, an M with a little line over it for minus. And no one's exactly sure, but it seems to be that the M was just dropped, right? And then the minus sign, because we already had a plus sign, became the minus sign. Yeah. So you don't need the plus sign. Forget you P with the tilde over it. We're going to take the M instead. And it wasn't Robert Ricord who came up with that, but he was the one who introduced it to England.
What Makes One City Better Than Another? Broker Ed Del Beccaro Weighs In
"From a broker's perspective, what makes one city better than another? Talk specifically about that approval process. Let's talk about that. First, we should talk about regional. So my workforce, we use what we call the phrase 360 commute shed. So depending upon the kind of tenant, so the original migration of tenants in the 80s and early 90s was from San Francisco to the greater East Bay. That's why you saw all the buildings built in San Ramon, Pleasanton, 680 Coroner, places like that. And one reason they moved is their workforce was there. So they followed the workforce in that case. So it wasn't that they didn't like San Francisco. So that's Chevron. That was Wells Fargo. That was B of A, Metropolitan Life Insurance, all the big users in that area. So they actually followed the workforce. And one reason why you follow your workforce, there's studies that if you have a one way commute of over an hour and 10 minutes or an hour and a half one way, you're going to lose 40 to 50 percent of your workforce. Therefore, I might love San Francisco or might love downtown L .A., but I have to go where I think I can get my workforce. And where's my workforce of the future? So first of all, it's a regional decision before it's a city decision. So even if I locate in a city as central as Walnut Creek, I might have some of my workforce coming from Fairfield, Benicia, Richmond, Oakland, South San Francisco and Tri -Valley. So what then? So therefore, the first question is, where is my workforce? Where is my future workforce? To answer the second question of where is my future workforce? I have a salary range that I can afford as a company. And the current insurance and banks are usually in the 60 to 130 thousand range. You then work that backwards. And if I hire somebody for one hundred thousand, one hundred twenty thousand, will that person be able to pay rent or buy a house in a given region? If they can't, if their average rental, if the average apartment rents are forty thousand a year, if the average mortgage is five thousand a year, five thousand a month, rather, then I have to move further afield. So that's why you see companies now leaving the inner bay, going to Sacramento and Austin region. Then within a region, once a decision is made that I can, my current workforce is in a given region, let's say East Bay. Then let's say the second thing is I know that I can afford my workforce over the next 10 years to live there and pay them the market rates. Then what city do I go to within a sub region? There, every city is the best when you ask the cities, but then we make decisions based on location to transportation, locations relative to interchanges, locations relative to barred mass transit. Because again, if I have people coming in from 360 degrees, 20 miles, let's say to 40 miles away from any given point, if I'm in Fairfield, how do I get to East County? If I'm in Fairfield, how do I get to San Ramon? If I'm in Tracy, how do I get to Walnut Creek? Or if I'm in Fremont, how do I get to Walnut Creek? So then we tried to centrally locate where most of those workers are. And then within that region, what cities have the better approval process? Because the new kinds of tenants that are coming into the region are not the back office tenants. That was pretty simple build out. Cubes, called them Dilbert Farms. That's what you saw the original migration wave. Now we have laboratories, we have more involved IT, more involved investment in infrastructure and more complicated uses. So then the question is, if we're going to grow and expand, what city next to a transportation central can best accommodate our strategy of expansion and with approvals? And then second, what's the business environment? Some cities, unfortunately, in our area have raised their business payroll tax to extraordinarily high. They're in effect, some companies won't go there. You go next door.
A highlight from Does Donald Trump Support A Pro-Life Agenda?
"Cable news, noisy, boring, out of touch. That's why Salem News Channel is different. We keep you in the know. Streaming 24 -7 for free. Home to the greatest collection of conservative voices like Dennis Prager, Jay Sekulow, Mike Gallagher, and more. Salem News Channel is unfiltered and unapologetic. Watch anytime on any screen at snc .tv and local now channel 525. All of the time he has to spend in core rooms really hurt his campaign because so far hasn't really hurt his campaign. Yes, I would have had another 22 ,000 votes. Are you saying you needed those votes in order to win? Are you acknowledging you didn't win? I'm not acknowledging no. I say I won the election. When we ask people how they feel about getting this rematch, they said that they think that means politics in the U .S. is broken. Now from the ReliefFactor .com studios, here's Mike Gallagher. Boy, we live in a broken world, don't we? The weekend was chock full of bad news. A Los Angeles County Sheriff's deputy was apparently ambushed as he sat at a red light. Somebody assassinated him. They pulled up next to him and shot him in the head. A video was released of two kids in Las Vegas murdering a retired police chief, a guy on his bike out for his morning ride in Las Vegas. These two kids thought it would be funny to mow him over to kill him and they did. According to Charlie Kirk, one of the two perpetrators is right now free. They don't even have both of them behind bars. The two punks, the two cowards, the two monsters who murdered this guy in cold blood. And also, of course, we might as well get this out of the way. We got President Trump with an answer to Kristen Welker on NBC's Meet the Press and her debut as the new host, which gave a lot of ammunition to Trump haters who want to hurt him and try to wreck his chances of becoming the nominee in 2024. This is an interesting dilemma that Republicans have. Here's the dilemma. Pro -life is a centerpiece, is a foundation of the Republican Party fighting for the sanctity of those unborn babies, the sanctity of their lives, the sacredness of the innocent. That's a centerpiece, that's foundational for the Republican Party. And whether we like it or not, this particular debate that we're having in America is over abortion crushing us at the ballot box. And Donald Trump, I believe, was trying to address that with Kristen Welker on Meet the Press. Let's get it out of the way. I've been dreading this all weekend. Well, it wasn't all weekend. I mean, this first broke, I think, Saturday. They gave a little preview of his answer. I don't love his answer, but I also don't love the way Trump critics are pouncing on him, claiming he's not pro -life. I got into a big knockdown drag out, as I expected I would with my friend Mark Davis in Dallas, because Mark is now hell -bent on proclaiming that Donald Trump is not pro -life. And he's saying that because of this exchange with Kristen Welker yesterday on Meet the Press. So for the first time in 62 years, I'm not going to say I would or I wouldn't. I mean, DeSantis is willing to sign a five -week and six -week ban. Would you support that? I think what he did is a terrible thing and a terrible mistake. But we'll come up with a number, but at the same time, Democrats won't be able to go out in six months, seven months, eight months and allow an abortion. Now, there are people like my friend Mark Davis who took that answer and that proclaimed Donald Trump is not pro -life, like it's important to proclaim or make some kind of declaration that he is not pro -life. And here's what Mark tweeted over the weekend. The heartbeat bill is, quote, a terrible thing and a terrible mistake, unquote. Mark said, I loved every day of his presidency. Thank God he beat Hillary. And if he's the nominee, I'll walk through fire to help him beat Joe Biden. But Trump is not pro -life. Now, as expected, Mark and I had a pretty solid disagreement only because I believe it's ever a ten the march for life. The guy who promised to get Roe v. Wade overturned because that was terrible federal. That was a terrible federal ruling and appointed Supreme Court justices who did just that to claim that Donald Trump is not pro -life is preposterous. It's absurd. It's virtue signaling. And perhaps it's just the opportunistic way you chalk up some points for Ron DeSantis, because clearly Team DeSantis is pouncing on Donald Trump over this remark. I believe two things can be true at the same time. You can be pro -life and you can acknowledge that this issue is killing us at the ballot box and we're losing elections. And here's what Mike Cernovich, who's a conservative influencer on social media, here's what he tweeted or posted on X. He said, if you want to be pro -life, no exceptions, good for you. Lose every election, have no political power, then see what life looks like in a Bolshevik hellhole. Will you feel good because you didn't compromise as your children starve? That's the alternative. And I really do appreciate his point. I am pro -life. I'm proud to tell you every day about Preborn. I want you to support an organization like Preborn. I want women to see ultrasounds and see what that baby inside their womb looks like, because the chances are that woman is going to choose life. I have fought and represented the life movement for many, many years, but I'm also realistic enough to know that if we lose election after election after election because too many women are turning against the GOP over additional abortion restrictions, we're never going to have any Republicans in office to prevent more carnage against the unborn, because we may never win another election. And that's the dilemma. I truly believe that Trump was answering the question on Meet the Press with that in mind, that the reason he thinks it's a terrible idea is he thinks it's costing us elections. Is he pro -life? Of course he is. Was it a clunky answer? Perhaps. Should you want to score points by declaring that Trump is now somehow some wild -eyed pro -choice Democrat? I don't think that's fair and I don't think that's reasonable, but I'm going to turn it over to the smartest audience in America. That's you. Here's the PhD weight loss and because you probably followed this controversy over the weekend. I want to get your take on it. I want to get your reaction. I heard from my pal, Joey Hudson. A lot of people in South Carolina were shocked at what Trump said, very disappointed in his answer. Do you feel that way or do you recognize he is trying to navigate the challenge of winning elections so that we can continue to have the kind of pro -life presidency that he delivered? Am I wrong? 800 -655 -MIKE. Press one to come on air. Press two to leave a voicemail or text us your comments on the MyPillow text line, which is also 800 -655 -MIKE. 800 -655 -6453. And yes, I survived wisdom tooth surgery. Not too bad at all. I might have over -exaggerated a little bit. I know you're shocked. I was perhaps a bit melodramatic heading into the oral surgeon. Doing just fine. 16 past the hour in the Relief Factor Studios. Let's try to tackle this. Let's dive in. Okay. Head first. 800 -655 -MIKE. 800 -655 -6453. Left -leaning activists are attacking Supreme Court Justice Clarence Thomas. Read The People's Justice Clarence Thomas and the Constitutional Stories That Define Him. On sale now from Supreme Court Justice Clarence Thomas. A year ago, I was well over 50 pounds overweight, but I needed a simple plan that worked with my lifestyle. I found that and so much more with PhD weight loss and nutrition. I'm 53 pounds lighter than I was, and I feel better than I have in years. The program is super simple. Dr. Ashley Lucas and her team customize a plan for your body to make it simple because weight loss shouldn't be hard. They even provide 80 % of your food at no additional cost. They treat the entire person. Dr. Ashley believes that all change starts with the mind. She'll help you change your behavior and think differently about food and the way you eat. You'll never gain the weight back. Best thing about this program, they have an 85 % success rate of their clients maintaining their weight loss for life because they have a lifetime maintenance plan to keep us on track. And maintenance, best part of all, it's absolutely free. If you're looking to lose that weight and you're looking for a job, go to myphdweightloss .com today. Sign up for your consultation. Better yet, give them a call straight away. 864 -644 -1900. 864 -644 -1900. They'll answer all your questions. Tell them my calendar sent you. Call 864 -644 -1900 or go to myphdweightloss .com.
Sen. J. D. Vance: Taking a Stand With a Government Shutdown
"Effect as we try to monetize our debt. It's going to happen. It is an spreadsheet absolute arithmetic fact. So we can either take a stand now, take a hard stand against this, understanding the voting power. I'm not naive to the practicalities of it. And be on the record we're the party that was against this, or we can just continue to do this. Republicans have done it too. We We are mathematically going bankrupt. There's no doubt about it. So where do you stand with this government shutdown just potentially a couple of weeks away on funding of the government and getting a hold of this out of control control that. So let me say two things on this. Number one, I agree with you. We've got to put our foot down. We've actually got to be willing to say no though, and be willing to do what the Constitution requires of us, which is to say, look, we're not live within our means as a country. We have to be willing to take some hard decisions. And actually, willing to shut the government down in order to get some moderate spending cuts, then that's what needs to happen. That's number one. I think that's the posture that we should have. Let me tell you, sort of hear I'm here from Washington. I'm here today. We're in session all week. The actual problem we have, Dan, is a problem of strategic competence from our leadership. There is no unified Republican message here, because my view and Chip Roy's view and MTG's view is that we should should be willing to put our foot down. But leadership is fighting that approach tooth and nail, then eventually is this all going to collapse on itself. I'm just being honest with you that we have a unified strategy. That the is thing that we lack right now. And if we go into the shutdown battle without unified strategy, we're going to lose because that's what always happens. And so what I'd encourage everybody out there, call your congressperson, call leadership, your say we want this country to
A highlight from The Mike and Mark Davis Daily Chat - 09/18/23
"Macy's one day sale is going on now with great deals of the day on fall updates like 40 % off outfits for the office that work off the clock too and 40 to 60 % off shoes handbags and accessories to finish your look and get 25 to 40 % off your favorite beauty skincare and fragrances plus get free shipping with any online purchase of $25 or more at Macy's savings off sale and clearance prices exclusions apply before we begin to 1959 the year before Mike Gallagher's birth holy cow it's pre Mike Frankie Avalon and Venus Frankie Avalon Michael I ever dead alive correct 83 today happy birthday Frankie Avalon I leave it to you my friend how was your weekend I know how mine was well I know as you were you were on the middle of it I kept reaching out to you you were so busy you could barely have time for your buddy Mike to give me all the the ins and outs I got to you but I was Rick and I was recovering my wisdom's tooth surgery for every for the dozens of people all over America worried about it it went fine does it a little bit of pain Friday night not a big deal turns out there it's not that it wasn't quite the major surgery I thought it was going to be but my heart hurt in reading your tweet that Donald Trump is not pro -life let's go well let's start there let's start there because I'm going to use the Marc Davis rule about two things being true at the same time first of all this of course stems from his his widely covered interview with Kirsten Welker she's the new host of NBC try I got a I got a very funny text from my phone screener an office manager in Tampa Tracy who said if she's gonna be the host for meet the press I give me the press about six more months I mean I didn't watch the whole thing you know who I did watch a lot though side note and I want to ask you about this have you seen Margaret Brennan is that her name on face the nation on CBS yes hmm oh boy she's bad she's a terrible interviewer I mean I don't mean to I hate to listen she's very prominent and maybe I'm wrong to criticize her but she just seems really stilted and awkward and I just watched for some reason I very rarely watch all of face the nation but I watched almost the whole thing I thought this is not a great talent anyway that's a sidebar so Kristen Welker Welker nails President Trump on the abortion issue and and I see your tweet and I heard your monologue this morning oh Donald Trump is not pro -life as if that virtue signaling is what it was what it sounds like to me is is scoring points with somebody I don't know who you're trying to win over when you say don't over analyze here's because and it gets to the root of the way I believe we all should be and that is not to operate to the fealty of any individual any person it's never about the person it's about the principal there are degrees of pro -choice you can favor partial birth abortion you can favor it at 20 weeks you can favor it at 15 he clearly does said so calling the heartbeat bill the only way to be technically pro -life the wrong way the wrong oh really how life are you if you're okay with with a baby and do you hear yourself do you hear yourself answer the life how life are you how pro -life favor abortion at 14 weeks I think I'm pretty pro -life if I get Roe v.
A highlight from Joshua Stone Interview - Bringing Books To Web3, Book.io Books on the Blockchain, Mark Cuban Investment, Cardano ADA
"Welcome back to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. With me today is Joshua Stone, who's the CEO and co -founder of Book .io. Joshua, great to have you on the show. Yeah, thanks for having me here. Appreciate it. Well, Joshua, I think it's timely that I'm speaking with you because I'm in the process of writing a book. And so I'm very curious about Book .io and what are the other options for me as a soon -to -be author where I can publish my book on the blockchain and get some additional benefits. Before we get into all that, though, tell us about yourself, where you're from, where you grew up. Yeah, for sure. So I grew up in Oklahoma. When I'm traveling, I like to tell people I grew up in Indian territory and, you know, kind of encapsulates this sort of free spirit, unregulated environment that I just kind of grew up in. And my dad was an electronics engineer. My mom is a really incredible amateur artist. So I grew up in a very left brain, right brain kind of background. And what was your professional career before founding or co -founding Book .io? Yeah. I got online. Like I said, my dad with the electronics engineering, I got online really, really early and kind of got fascinated with this intersection of graphic and engineering kind of where they cross over. So I really gravitated more towards like a product design and user experience strategy side of things. So I actually got my first large job out of school. I went to Oklahoma State University and worked on the very first version of Fandango for Subark. And that was back in 99 and then worked at some larger internet companies that did a bunch of stuff for AT &T, led the product group for hotels .com with Expedia, and then kind of got more into the startup scene, was in a social media startup that sold. And that kind of got my interest into the book publishing industry. So I actually previously had co -founded an ebook company that we specialized in bulk distribution of eBooks to universities and really large organizations. And we sold that back in 20, I think we sold in 2015, I stayed till 2018. And so, I had kind of approached the book industry from a technologist sort of standpoint. And yeah, and then took some time off after that, really got just super deep into crypto and tried to kind of determine my next startup. I wanted to be a Web3 based company. That's awesome, man. Because you have a Web1, well, you have experience in Web1 and Web2, and now you're building in Web3. That's pretty incredible. What was your first encounter with Bitcoin? I'm always fascinated by folks' different stories, and what was your aha moment? Yeah, I feel like a lot of the story is always like a story of frustration of, I wish I would have. And so, I read the first white paper pretty quickly after it came out, just because I was in a social media startup. So that stuff like circulated quickly of like, oh, there's this internet money thing. And I talked to some engineers and I'm not heavy engineer. I've done some engineering stuff, but at that time, I wasn't capable of studying, I guess I could have really went and stood up a stack and tried to figure out how to mine it, but I tried to convince some engineers to mine it. And that happened a couple of different times. And it was a kind of classic argument of like, hey, this will cost us more in electricity than we'll ever make. And in hindsight, it's like, dang it, I should have just put them in a headlock and made them do it. So, it wasn't really until 2017 that I came around and jumped back in where I could actually start to buy from exchanges easily. I think at that time, maybe Coinbase only had like four coins listed. And so, I spent a lot of time on like foreign based exchanges and just really like diving super, super deep and through all the kind of ICO crazes of 2018 and the crash and yeah, I think I really was becoming more obsessed with what does blockchain mean at like a bigger level from a, just like a decentralized nature and like how, my entire career up to that point, just like sort of thinking like what all would need to be re -architected in this way of like a decentralized blockchain based way. Oh yeah, for sure. So, tell us about book .io, how did that idea come about and what are the different services? How does it work and so forth? Yeah. So, Yeah. you know, one of the biggest hindrances in crypto in my mind has always been just like mass adoptability, right? Like making it accessible to the masses. A lot of times, like I pick on my mom and just say, you know, my mom's not going to use this, you know? Yeah. So, you know, it occurred to me at some point that, you know, all books could be decentralized, like the actual contents of them and be blockchain based. So, you know, a big issue in the book industry, which you'll definitely experience now that you're working on a book is, you know, if you buy an ebook or an audio book from Kindle or Audible or iBooks, you're not really buying the book. You just buy a license to view the content. So, you don't actually own anything, which is why you can't sell it or give it away when you're done reading it. So, making it a book, a blockchain based asset actually changes from a digital licensing to a digital ownership model and that allows you to resell the book. So, you know, when you look at the entire landscape of crypto, there's like, you know, less than a hundred million total wallets, but there's over a billion people that buy digital books every year. So, like by far and away, like digital books are the biggest digital asset that people currently buy on like an a la carte basis since most of music and movies are streaming. So, you know, we have a focus that's very, you know, targeted at true mass adoption and, you know, experiencing the tech benefits. So, really more of a, you know, web two usability, but with a web three functionality. And then even in, you know, inside of that current licensing model, what's really radical, you know, once you buy a book, of course it's stuck on your shelf, but then it also gives the retailer, the author, the publisher, anybody, the right to remove that book from you. It's like literally coming in your house and just like taking a book off your shelf that you bought or changing any of the contents inside of it. So, our mission really became two things. One is to decentralize all of human knowledge and put all books on the blockchain so they can't be changed or taken away. And then second is incentivizing reading. So, really, you know, the core kind of the process of how it works is like we take any media asset could be, you know, a book or a music or video, we break it into a bunch of shards and we encrypt all those and store them in decentralized storage. Then we have a DAP web based reader and we also have mobile apps, mobile reading apps that basically stream those contents in, reassemble and decrypt them and then allow you to read it. So, we sort of, you know, while we use an NFT and decentralized storage and like, you know, smart contracts to program and royalties and all that, we sort of summate all that into an asset that we call a decentralized encrypted asset. So, then you truly own it. You could lend it out. You can give it away. Has huge impact, you know, not just for the end user, but also for the creators, because as you know, you'll experience with your book, you know, once, you know, the traditional model on the payment side is very, is very archaic, you know, like you, if you go the traditional route, you're going to be looking at, you know, you might get some small advance. It's not nearly what the old advances were. And, and then it's going to be probably a year to 18 months before you see anything, you know, from that book. Whereas, you know, when it's blockchain based, it's immediate, it's instant, it's paid out. So yeah, we launched the platform a little over a year ago. We've already sold over 160 ,000 books. And, and we've had some books trade as high as like $10 ,000 for like really unique books. Wow. That's pretty incredible. So, and I want to make sure I emphasize the benefits because I know there's going to be people who are new to blockchain crypto and say, oh, so what I get my book on Amazon, but, um, as the author, uh, there, this feature creates a secondary market, right? For the book is let's say, um, Joe down the street buys my book. He has on a blockchain, he finished reading it. He's like, oh, you know what? I'm going to sell this. Now, if he sells it, he's making a return. And then I, as an author also getting a royalty there. Yeah, absolutely. So that, I mean, that really is the big difference, right? It's like on a traditional print side, you know, I have the freedom when I buy a print book, I can take it to a secondhand, you know, resell bookstore, but I don't even really know what it's worth, you know, and then they're giving me, you know, pennies on the dollar and I'm happy to take it. Cause I have no way to substantiate if that's what that book is worth versus if it's digital, then I can see, you know, multiple global marketplaces and see what the trading, you know, what the actual trading price for that book is right. And then every time it sells and resells and continues, like it's giving you the creator, you know, royalties back, which is really cool from a social side too. Right. So, you know, current kind of, you know, opaque kind of wall with, with an Amazon and iBooks is that, you know, publisher author doesn't have any connection to their audience. So they can't see who owns their books. They can't market to those people. So with this, it's like, it's all on chain, right? Like we couldn't hide it. If we wanted to hide it, they can see who has their book. So then as an author, right. You could go airdrop like, you know, an extra chapter of a book to everybody that has your book, or you could allow them, you know, if they have that book, then in their wallet, they could, they could get a discount on the second book. Like you can begin to merchandise and do things that are just like impossible in the traditional version. Wow. So that's pretty incredible. You said you can airdrop like additional chapters or I don't know, additional information or anything attached to the book. That's, that's pretty incredible. Yeah. It can be a short story or, you know, extra behind the scenes type stuff, like how the book was created. It could be video stuff, author interviews, like all kinds of additional content that you can't get or deliver in a traditional method. Plus, you know, like a social interactivity of, you know, we're building out a structure for, for book clubs as well. Right. So, you know, there's not, there hasn't really been a good solve for like online book clubs. And like, part of the problem is you get so many trolls that come in and you see this on Amazon, like with reviews, right. It's like a book hasn't even come out and all of a sudden it's got, you know, 8 ,000 negative reviews in our system. We can see and verify if you've actually read it. So not only would you have to own a book, but we could, we could put it in place where you have to own it and you would have had to read it in order to get access to a book club and maybe the authors in there participating as well. Right. So it creates a richer, like, you know, environment for discussion. Oh yeah. I was going to bring up the reviews thing and verifying users because that is a game or something that is gained, I should say, with ratings and reviews and it could be manipulated. Now you mentioned that there's a lending feature. So let's say once again, Joe down the street buys my book, he, that person, he or she can lend the book out. And tell us how that, how that works. Yeah. So a lot of times what we say is, you know, everybody's a bookstore, everybody's a library. Right. Because if I, if I have the ability, you know, globally to lend out my book or to sell it, like then you could come and you could rent it for a particular price. Right. And we put that in a smart contract. You could either pay it or it could just be like a free thing. And, you know, one party's covering the transaction costs or, you know, in our method, like we haven't really talked about yet, but we have a token, you know, the person reading it could earn the token that the person that owns it could read the token that somebody else is who's, who's borrowing it is, is reading it. Like there's a ton of different ways to, to construct it, but it really changes the, the idea of, you know, it almost like makes micro libraries of everybody. Right. Then I could borrow from anyone. That's great. Yeah. Because I think about that sometimes I see different books and I'm like, I don't know if I want to buy this or necessarily, and I don't want to have a ton of books in, in, in my home. I do appreciate physical books, but I do have some digital books, but to be able to rent something and then just go see, you know, is this, is this good or whatever, and, you know, I actually want to own this. That makes sense. So tell us about the incentivization of getting folks to read. Is that how the token plays a part in the ecosystem? And if you can tell us about the book token. Yeah, definitely. So it really, it really does like an issue inside of, of the publishing industry, really. And when you start to look at the statistics behind it, it's like, you know, people do buy books and the publishing industry in general is hoping that people read those books, but a lot of times it becomes like just very commoditized. And it's like, they're just trying to sell you the next book and selling the next book. And so when you look at the stats on like how many people per year are reading and like averaging down, and it's like, what we're trying to do is build in an incentive program. So people actually consume this knowledge because very clear data, you know, supports when people read books like society, like definitely progresses, there's less crime, there's more, you know, GDP. So the, you know, that kind of secondary part outside of decentralizing the incentivizing portion of it is we have a read to earn system. So whenever you get a book, you read it, you're earning tokens while you're reading it. And we have kind of a whole distribution schedule and like how the mechanics of all that work. We just released a new white paper that details in kind of great detail, like how all that functions. And then we actually have a initial token offering going on right now as well. We waited a long time to do that. Like we launched the product, we launched all the apps. We started selling books before, you know, and a lot of it was just like from a regulatory reason of wanting to do things exactly the right way. Oh yeah. Yeah, that definitely makes sense. Now there was news that Mark Cuban was collaborating with book .io to release an NFT ebook on the Polygon blockchain. Can you tell us about that and how that partnership came about? Yeah, for sure. So Mark was actually one of our earliest investors and came on board. And at the time we were Cardano based. So we argued back and forth a lot about other chains, which we had always had a very multi -chain strategy, which I'll say real quick too. Like our, you know, we deployed to four different blockchains. We deployed to Ethereum, to Polygon, to Cardano and to Algorand. But yeah, Mark was one of our first investors in. And so we worked through his publisher as well with him, created a bunch of different, the way that our construct kind of works is, we don't limit a book to like a single book cover, like it can have tons of different book covers. So that makes those different covers collectible for different reasons. So with him, I think we did about 400 different covers. Some of those were like rendered pictures of like him fighting sharks and stuff, like all kinds of fun stuff. And he actually thought it was really, really cool. So it just gives you a whole lot more flexibility. And I'll say too, like on the investor side, like Mark's been a great investor, like great advisor, lots of great like networking. I think I was a little hesitant, like just from all that, you know, what you see on Shark Tank, but like his group's fantastic. You know, we really only have two other investors. We have Ingram Content, which is the world's largest book distributor, and they actually distribute and warehouse all the books for Amazon. And then we also have Bertelsmann, which owns Penguin Random House, and they're the largest trade publisher. So we've tried to really be selective about our investors and working within the industry. But yeah, Mark's been great and all the guys at Polygon, the Polygon team has been great to work with as well. That's awesome. Are there other publishers that you're targeting and trying to work with and, you know, what's your strategy? Is it getting them to integrate book .io as another option? Tell us about that. And I don't know how much you can, you know, tell us about your strategy. Yeah. Yeah. So we've I think we, you know, we're somewhere around 20, maybe publishers or so that we've we've had sign up. You know, the publishing industry is very splintered. There's there's basically five main, you know, the big five publishers and they own a bunch of imprints and then there's a bunch of kind of mid tier and smaller ones. And so, like, you know, some total like our last publishing company, like we had close to 200000 different publishers signed with us. You kind of have to go like some of them you get like in big and big batches, right? Some of them are just like one on one. So like a lot of it right now, and especially over the last kind of beginning or last year was just a lot of experimentation, right? So it was going to publishers that we've worked with before in the past and saying, Hey, let's do like a test project together so we can like see what happens and gather some data and make some choices. So like this year's like much more on like the scale up side. We're going to be releasing audio books as well. And delving so into that and like how we do more mass ingestion. But, you know, ultimately, it's like what we're introducing back in is not necessarily say, you know, you know, we think we'll just dominate Amazon and it goes away or anything like that. It's more of a both end, right? Like you could, you know, I see that as like licensing and like streaming almost. And this is like ownership, right? So for the for the audiences and the authors and the people creators that care about ownership, like we provide like that mechanism and all the benefits that go with it. And it reintroduces the, you know, um, just the law of supply and demand, right? When it's digital licensing, there's, there's an infinite supply. It drives down, uh, you know, the price when there's a limited supply, then the price actually makes a difference. So then I can buy a book, you know, for $20, I can read it and maybe it's gone up in value and I can sell it for, you know, 25 or something. Even if I could sell it for half of what I bought it for, I still get more back than, than I do. If I buy that as an, you know, a licensed book. Yeah, no, that's great. And I love the secondary market options that open up with this new world of blockchain and tokenization. So Joshua, you know, you mentioned Amazon, uh, you guys are certainly a disruptive platform. Uh, if I could put it that way, let's say Amazon comes knocking on your door and saying, Hey, we want to acquire you. We want to integrate book .io into our, because we got the biggest marketplace, you know, what would be your thought process? And would you say yes, depending on the number? Yeah. I mean, you know, we get that question sort of semi often, which is kind of funny. Um, you know, I, I think that, uh, if, if this, if the situation was right and an Amazon was, you know, if, if we, if it was functioned in a way that like it kept the core model, right. So like if they didn't, uh, if, if the idea was to integrate and like expand what currently exists into digital ownership, right. Like, I think that makes sense. And some of the stuff they've done with like avalanche and, you know, some of the integration stuff, it's like, I think they, they see that, I think they're a bit more hesitant just from the regulatory perspective to like jump in to that kind of thing. And what we're doing is definitely, you know, quite, quite a bit different, but like, you know, we're, we're doing great. Like the team's grown in a bear market. Like we're adding employees and we're, you know, we're right at profitable. So we don't have any like reason to, to try to rush out and sell. And I think we're going to continue to grow. And I think we're, you know, we have an, you know, community that's, that has materialized behind it that just really agrees with the ethos of, you know, you really should own the things that you buy. So I don't see us, um, selling anytime soon. And even if we did, it would only be to like expand and, um, you know, continue the mission not to, to, uh, to end it or have it just shelved, you know? Oh yeah. I mean, I certainly, I think you and I being in this space, we can certainly agree. This is the future with block tokenization and fractionalization, secondary markets, and much more. It's just the adoption curve. And, uh, just like web one had its adoption curve web two, and now web three has its time. Um, you know, you mentioned Algorand, uh, polygon, Cardano and so forth. Are you planning to expand to other chains as well? Uh, yeah, we probably will. We don't have any plans to expand to any others. Right. Right now, um, we've done some interesting things with, with a few of the chains. Um, we gave a book away at consensus with Algorand to all the attendees. Like we're, we're doing some other expansion stuff or we'll be announcing some, some really cool stuff we're about to do with polygon as well. Um, so just trying to work with, with the chains that we have right now. And, you know, a big issue for publishers is really, uh, you know, I mean, when you get down to it, it's like they chop down trees to make print books. Right. So they, at first were very adverse to, um, to anything blockchain based, right. Especially when it was, you know, like when Ethereum was proof of stake. Um, so they, some of them have had corporate mandates where they would only work with it with a proof of work and they would only work with a proof of stake chain. So, you know, the ones that we've selected, I think, uh, encompass like a, a, a decent size portion of the market, not to say we won't integrate, but like, you know, kind of a thesis on being a multi -chain company is that we really want to be a platform. So creators could deploy to other chains. So we've talked to a couple of others as well. We just haven't put anything official on the roadmap yet. Hmm. Now more of a personal question for me and maybe other authors who are going to watch and listen to this, we'll have this question. So like I'm already in the process. I'm, I'm signed with a publisher. The book is right on tentative date launch next year. Could I go that traditional route, but also integrate with book .io and, you know, have you guys thought about a strategy for authors like myself who, you know, we would want to do both and how would that work? Yeah, for sure. So I think today, like of the hundred something books that we've done, like, um, a little over a third of them have been with, um, with publishers or with, um, with authors. So, you know, basically the way it works is, um, you know, you would just connect this with your publisher and then we work through like exactly what kind of program you would want to do. Right. So, um, we just kind of define those details. Um, we walked through with the publisher, what, you know, exactly how it works most of the time. Like, you know, we're doing limited quantity sort of collectible type stuff right now, but we have the capability to do like a mass, like we actually just, uh, sold a book yesterday that, you know, wasn't necessarily a collectible. It had just a regular singular cover. That's the same cover that's on the print book. Um, and, uh, you know, and it's sold out in like 20 seconds or something. Right. So the publisher's super excited because they've never seen anything like that in publishing. Um, and so it's a great way to drive, like kind of viral traffic and like excitement. So what we found too, is what ends up happening. We've seen this like multiple times in a row is like, we would do something with an author and then it will directly correlate to an increase in print sales because people get that book, they're excited about it. Then they would go and they're like, Hey, actually, you know, I want to own both. And so that's actually one of the things we're working on with our, our, um, uh, partnership with, with Ingram is what we call mint and print so that you could just buy the digital and automatically get the physical, uh, dropshipped to you at the same time. Oh, wow. Yeah. That's really cool. Um, so walk us through the user experience. Um, let's say someone's listening to this and like, you know, I want to go check out book .io. Maybe they have some books that I'll be interested in. Is there, obviously you have a website, is there an app and with purchasing, um, is it crypto and Fiat or both? Yeah. So, uh, so, I mean, we're trying to make it, um, very much, like I said, you know, web to functionality. So it's very easy to sign up. Um, we do take credit cards. So, um, on, uh, you know, you can, you can buy a book with a credit card. It's easy to set up an account. And actually like the, uh, the, the giveaway things that we're doing, the promotional stuff, like you don't even have to have a wallet. Um, we're getting to the point where you won't, you won't even have to have a wallet. You don't have to store seed phrase. You don't have to do any of that. All of it's like self -driven kind of in the background. Um, and so you don't have to buy with crypto. You don't have to know anything about crypto, um, and just making it real easy onboarding process for like, you know, the billion plus people that are honestly just not going to go take the time to learn crypto. Yeah. I've been talking a lot about that recently. With a variety of folks. Um, how do we make it easy for the next billion people? And like you, I've kind of used my mom, my dad as an example. Right. Cause like, they don't know that, like they see the wallet addresses. They're like, what the hell is that? They're scared of it. Right. It's intimidating. I still have to show my mom how to do certain things on her smartphone. So I, you know, but certainly like she's interested in, in crypto and blockchain and, you know, I've invested some of her funds in it, but yeah, to your point. How do we make it easy for the next billion people have the capabilities, but make it make the gooey easy for them. Right. Yeah. One of the funniest comments I got recently, which I won't say who it came from. Um, somebody within my family, um, was like, wait a minute, there's more than one blockchain. Cause like they thought blockchain was like internet, you know, thought it was one big blockchain, you know, which like from the outside, it was like, I never really thought about that, but it's like, if you really didn't know anything about it, you might think like, blockchain is just like internet. And they're like, you know, maybe there's only one and it's like, it's just, it's such a barrier. And so I feel like a lot of times, like in the crypto side, like we're in this bubble where it's like, you know, we're really excited about the technology and stuff, but other people just don't, they don't have the, it's not like, you know, intelligence thing. It's just like, they don't have the time to like onboard and figure all that stuff out. So like, how do we, how do we meet them where they are, bring the solutions and like the benefit of web three and what it actually provides to them, like directly to them. Yeah, yeah, absolutely. And I think more, more companies building in a space need to think about that. Not just for the crypto native folks here, but yeah, like you said, the next billion people who, you know, they've heard about it in passing, they don't, they haven't used any type of crypto or done anything and we got to make it easy for them. So what's on the remainder of your roadmap for 2023? We do have quite a bit of stuff planned. So a lot of it, you know, like I said, you know, we launched like a year ago, so we're really trying to kind of scale up in a lot of different spots. So you know, at the top of that list right now is, is definitely audio books. And then we have a marketplace also that we're launching. And actually on the audio book side, we have one of the larger audio book companies that we just signed with, which is super exciting to have some like celebrity read audio books. And that's like a real growing market segment as well, just in general within publishing, which is very exciting. We have a lot of AI tools and development that are maybe more focused on publisher author, like, you know, helping them out you know, continue updating the reading apps. And then we have some really big author launches coming up that are going to be like, they're pretty massive, like celebrity level authors that are going to be launching some projects with us, which is super exciting. No, that's awesome. Well, I certainly after this conversation, you and I need to chat because of my own book. But yeah, that's exciting, man. And I love the idea of well, you know, you mentioned it's a growing part of the market of celebrity read books. Yeah, I certainly would want to listen to Morgan Freeman read a book.
A highlight from Robbie Ferguson: Immutable - The Web3 Gaming one-stop-shop
"Yeah, absolutely. We support everything out of the box. You know, Passport is just the offering that we have. I think the last thing, nice thing with Passport is because it integrates in a vertically integrated manner with our control of say like the ZK technology and the order book and the wallet, we can do things like say, you know, shared sequencing or cross wallet liquidity in really seamless ways. But other platforms can't because they only have one layer of the stack. And so our vision is no matter what asset you're trading on any marketplace, on any game, on any rollout, using any wallet, you can do so atomically and seamlessly with no loss in security or sort of custody with anyone else. And this is this vision of this sort of universal liquidity for digital value. Yeah. Talk a little bit more about, we talked about this before the show, the enforceable royalties. What's that about? Yeah. So this is obviously pretty topical. You have the marketplace wars over the last couple of years. First, as you had the blurs and the X2Y2s of the world basically say, hey, we're not going to respect royalties. And suddenly soak up huge chunk of pro -trading volume. Then you have an oversea card with some solutions and sort of contracts people use to make sure that they can only be traded these collections on royalty respecting marketplaces and smart contracts. I think this is all indicative of the fact that this really has to be sold as a product layer. Just to kind of understand the problem here. The problem is that when you have assets that are tied to royalty, so like I create like some suite of assets, I put those out on say OpenSea. Unless that contract has royalties built into it at the contract level, you're sort of trusting the platform to extract and deliver the royalties. And that's sort of the issue where if you take those assets somewhere else, if you like just send them to someone, those royalties are not being perceived by the creator. Precisely. So basically it's really hard to enforce royalties with traditional NFT smart contracts and NFT marketplaces. There have been various attempts at solving this, but ultimately it appears as though the game theory, particularly on Ethereum layer one, is to converge toward a zero or no royalties world, because that's the world in which you have to be in order to have any meaningful market share as a marketplace. All these pro traders who are doing the vast majority volume today. Our approach has kind of been from day one, make this enforceable at the protocol level, which we can do due to sort of a couple of things we've designed on immutable exits because we have a single sequencer, we can kind of enforce these royalties from day one. With immutable CKDM, it's going to be more of a decentralized solution where we're actually sort of engineering the ways that smart contracts respect royalties and people can opt in. But I think both the principles are, we firmly believe that enforceable royalties have to be available protocol wide in order for marketplaces to be able to fairly compete and gain their market share and game developers to be rewarded. And the thesis is quite simple, which is, you know, if you have Counter Strike Go or Magic the Gathering, Magic the Gathering has an estimated secondary market cap of 10 to $20 billion of cards. But every year they've got to make new, more impressive cards than everything else in existence, making them less value. I guess I sell my old Magic cards. Yeah, like they're tremendously valuable, right? But MTD, the company, has no way of tapping into the value of what they've created. That's why they have to basically dump on everyone else every year by creating this new, more powerful stuff. And so suddenly we can have a business model that doesn't rely on that. That's like, hey, Magic just gets 5 % of every trade. Magic's only incentive would be increased volume, which might mean make new cards that make the game better and grow the player base. It might mean throwing more tournaments, might mean creating an esports league, whatever they can do to increase the value to players of that economy. And so you have complete incentive alignment, even though it can be an incredibly profitable system. So that's why I've been so passionate about it, is it actually enables a much better, more incentive aligned business model that we must protect in order to, you know, essentially have adverse selection or this kind of, you know, tragedy where we do a short -term benefit to players by giving them cheaper trades, and then there's no incentive for game developers to build or to build based on this much better business model. So why is it that this is not enforceable at the smart contract level? I mean, couldn't we just build like a better ERC721 kind of contract or enforce royalties? Is that possible? It is, but it's just very hard to enforce if the collections themselves aren't originally A, sort of written to be, to be opt into those smart contracts. And so a lot of the volumes say in NFTs has been the legacy collections, which weren't incorporated into this. So I think that's partially what has driven this decision with OpenSea. But B, the kind of more simple solution is if it's relying on individual, say marketplaces or individual collections to make this decision, it's just going to be an incredibly fraught debate. The answer just has to be sort of protocol -wide. This is an available standard that can be enforced. Okay. So you guys enforce this by having a sequencer include the sort of the royalty or like extract the royalty when building the block? Precisely. So that's on ImmutableX, on StarkX, an absolutist rollout, but we can do that on ImmutableZKDM. We're going to have a side of an approach. I think we'll be sharing more details soon. Okay, cool. So I want to talk a little bit about the token. So this IMX token, which is actually like, yeah, trading today. And yeah, I checked, there's like $13 million of trading volume somewhere around that. And, you know, actually I found the token price, like, you know, over time has stayed, I guess, like pretty consistent except for, you know, one peak where I guess probably during the bull market, but hasn't lost a lot of its value compared to, I guess like when it was initially launched. So I guess that's a good thing, I guess. How much do you think of that volume as speculators and how much is tied to actual platform activity? I guess maybe a precursor to that question is what's the token use? What's the token's utility is basically Immutable operates very differently to most of the blockchains in terms of our business model. Rather than having say, sort of this L1 chain thesis around value accruing to the token, the chains. And we will obviously, IMX is going to be the core gas currency of ImmutableZKDM. I think we're now, you know, capturing a lot of that narrative, which is really interesting. But our philosophy has always been, we think a much better and much more aligned business model is to make the most liquid value add platform possible for web3 games and take 2 % of every trade. And this way we can build something that has completely aligned incentives for developers when they make money or when users trades when making money. And every single time those assets are traded, 20 % of the fees must be paid for an IMX. And so IMX actually has sort of, you know, clear fundamental utility, which I think is, you know, people can sort of look at that and sort of build their utility models around rather than sort of alternatives in market. So that's our utility. That's been the clear goal since day one is to really have this integral into the protocol and how we add value to every single trade. And then yeah, the volume, you know, how much of the volume you think is, or do you have a sense of, is that something you're tracking somehow? I mean, like how much of that is tied to actual activity on the platform and how much of it is speculative? Well, the vast majority would be people trading based on, you know, what they sort of perceive the utility to be. I wouldn't necessarily call that speculative, but, you know, I can, up to the reader's interpretation, I think the most important thing is this thing has a clear, right, kind of that we've set in stone since day one. And our vision is to construct really just some of the most sensible tokenomics in the world. So the few things that really excite me about the token, obviously Immutable, you know, doesn't generate this. This is run by the Digital Worlds Foundation, but is one, every single person who trades on Immutable can own part of the protocol. And that's because, you know, every single time of trade you're earning IMX tokens. And the vision of this is really cool because you have 3 .1 billion gamers. If this takes off, everyone can own a part of this open ecosystem of what the future of digital property ownership is going to be. And that's probably my favorite thing. And the second thing, you know, you talked about how the price has been quite stable. Obviously, you know, not here to comment on prices, but the circulating supply is much higher than most alternatives. It's sort of used a lot more. And we've been able to maintain that ranking or improve that ranking from 150 to 50 over the last year in circulating supply, even despite everything unlocking. I think that's because of sort of the, you know, the utility and the long -term alignment we have from Haulers today. And then the final thing I'd say is that obviously the vast majority of IMX allocated to ecosystem grants, the vast majority of these grants, all of which are issued by the Foundation, are almost completely underwritten. So, we don't just give them out to games in exchange for grants. The games actually have to deliver volume to the protocol in order to earn those grants. And right now, in order for roughly 180 million of tokens which have been allocated, over $12 billion in protocol volume has to be achieved in order for them to even be given out. So, in terms of ecosystem allocations, we run, you know, the recommendations here are incredibly efficient in terms of how they're structured for grants versus returns. And game developers love it because they know that ultimately, you know, that there's no supply just going out there, no value being brought. Everyone has to contribute to the ecosystem in order to sort of end up owning part of the protocol, which I think is really important. Very cool. Yeah, I mean, maybe to wrap up here, what is the, yeah, what's the roadmap and what should people be looking into when it comes to Immutable? How can people follow the protocol also in the project? And yeah, any final thoughts? Yeah, look, Testnet just went live two weeks ago. We have pretty much every game on the platform signed up to Passport. We've just done our biggest quarter of onboarding games ever in the company's history off the back of this Polygon announcement, basically, you know, increasing our win rate by 75%. We've got over four years of runway way over the long term, whether it takes a year to get to that hit or four, and we're here to change digital ownership for good. And the thing I would say is, look, coming up, we have Mainnet in quarter four, we've got God's Sunshine going mobile end of this year, Build of Guardians, Shardbound, Infinite Victory, all Immutable titles being published this year. And we've got a ton of our biggest games on the platform on the rise. Yeah, Across the Ages, number one in France, strategy game in Australia. You have Alluvium going out of their open beta, Imminently, probably one of the most hyped games in Web3 right now. We're really just excited by the continued raise of the caliber of quality of games right now. And, you know, as I said, you can't wave the magic wand on the timelines, but it's pretty clear that a single hit is going to pull gasoline on everything and catalyze what has already been a very heavily invested in category. So personally, we're actually thrilled with the pace and progress of things. I think it's just continued to build through despair and help people get to these hits faster, more profitably, and more sustainably. Great. Robbie, thanks for coming on and telling us all about Immutable. And also, I mean, I've learned a ton about Web3 Gaming so this has been great. Thank you. Thanks, Deb. Thanks for having me. Pleasure. your inbox as they're released. If you want to interact with us, guests, or other podcast listeners, you can follow us on Twitter. And please leave us a review on iTunes. It helps people find the show and we're always happy to read them. So thanks so much. And we look forward to being back next week.
Greg Kelly: 2005 Video Show Joe, Hunter Biden Conducting Business
"As soon as it turns to business. Watch and listen here. Maybe he'll work something out, man. Well, Hunter was got his firm in Washington. I do. I don't, but I'll give it my... Let me give you my call. I gave it my all away. Well, that was a wonderful speech. So then Joe goes right back to schmoozing and watch the men step away to conduct business separately. You see it right there. That's how it worked. Kudos to Greg Kelly for exposing that. I mean really great job, but Joe sounds like a totally different person than he does today. So how's it gonna sound in a year? Badly. Gavin Newsom's chomping at the bit. They're all chomping at the bit to run for Biden Biden. is, I think, done. And the problem they have right now, the Democrats have problem. a It's Kamala Harris, first black woman vice president. For the left, it's all about what boxes you check and diversity, equity and inclusion. So how do they just push her aside? Nobody thinks that on the ticket, certainly nobody. Everybody understands two things. Number one, people think Joe Biden has lost mind. his Number two, they don't think Joe Biden's gonna serve a full term if he's reelected. And they have no confidence in Kamala Harris. So she doesn't help. It's not like people think, well, I'll vote for Joe
A highlight from Is crypto dead?
"Hello, welcome to Leisure Cast. My name is Brian Farsgaard here with the one, the only Josh Olsowich. Hey, Josh, Brian, how are you? I'm doing great. How are you doing? Good. It's hoodie season back in my natural form. This is my favorite time of year. The crowd wants to know, not because it's tax filing season, but because it is not miserably hot anymore. That's true. It was 90 upper 90s here last week. It was nuts. Oh, that's hot. Yeah. Yeah, no, I love it because the humidity calms down. Yeah. Temperature calms down. People get back from their summer breaks and maybe they start trading. I don't really care about that part. Oh, you're in the deep south because you got that gross, gross heat plus humidity. Yeah. So I need this break. I need this break. I love this season. Football is back. I know you care about that a lot. Huge fly Eagles fly. That's what they tell me to say. They say They here. played quite well last night. I did. I watched a bit of it. They did play well. Yeah, football season, playoff baseball. I mean, fall is really the greatest time. The changing of the leaves eventually. We won't get that for a little while, but we have much to be thankful for. Thanksgiving. Speaking of thankful, that's not too late. We have much to be thankful for, Josh. Bitcoin does well on Thanksgiving, historically. Well, could have fooled me this month. Look, we might be grasping at straws here, but there's not much else to talk about. Not much is going on right now. Everybody's just kind of waiting for a bunch of things. Yeah. And we're just in limbo here. You know, the old trusty 200 week is one with the price. Ethan BTC. We're just basically the average of... We're below it, though. What if this is the historic high ever for the 200 week? What if it only curls down below it forever more? That would be pretty bad. It's certainly a sign of being sideways at best when you're hovering around all the moving averages of whatever sorts you want to analyze. There's really not a lot to say on Bitcoin. I think the market is so thin in both directions that we are one headline away from a 10 % day one way or the other. Something bad goes down with an exchange that rhymes with... Finance. Let me see if I can find a word, Josh. And, you know, that's the negative 10 % day potentially. But if we get that BlackRock ETF, maybe... We're gonna be saying that for like six months. It'll just be around the corner, guys. Just wait another few weeks. BlackRock's gonna come save us, guys. Not a place we want to be, you know? The same thing with halving. You don't want to be the central focus, even though that's how it's been historically. This is no different than 2020, 2016. It's no different. It's just, you know, same stuff, different day. It's got to be boring, even in the good times. Even when there is another cycle, historically there has been. There's still loads of time that's just boring where people get sucked out of the ecosystem, lack of paying attention, etc. Hey, Josh, I want to give a shout out. Thanks, RedScrutinizer, for bringing it up early in the show. We usually mention it towards the end that Josh does videos. But Josh does videos, and you should check them out at Carpe Noctem on YouTube. Carpe Noctem. I don't know how to spell it, so I'm saying it. Yeah, that'll help. People have no clue. It's N -O -C -T -O -M? There you go. You know what I randomly looked today at our... This has turned into a podcast of a podcast, but I looked at our reviews on some podcast stream, and it was over four and a half stars. I was like, oh shit, we got... People like us? I guess so. I don't know. I will say there has been a steady crew who have watched and listened to this show for like six years. It has been six years, Josh. They've tolerated us for quite some time. 18, 19, 20, 21, 22, 23. We started in 17, so six years. Six years you've known me. I've owed you a stake for about three. It's true. That's very true. Yeah. Thanks for being here, y 'all. Appreciate you. Even when it's really boring, how can you possibly make money when it's not boring if you can't be here when it's boring? Well, look, there's two things you can do. You can learn about the tech, which might sound cliche, but I did a lot of my Bitcoin learning in 2015, 2014. You know, there's not all those damage else to do, then like to learn what the hell's going on with this stuff, right? Drink the Kool -Aid, get indoctrinated, whatever. That was the time. Look at some of these long timers in the chat, Karen, Callie. We actually met in person one time even. She's been here for most of the time since we've been recording. I like this one. I like you, but I also hate you since 2019. Thank you, Liam. We will take it. You know, the thing is we have very little agenda other than our own bags, but we're just talking about our thoughts about them here. We're not trying to convince you to buy them or sell them or anything else. We're just discussing it and y 'all are here because you decided to listen to conversation. So there's very, very, very little opportunity to be victim to our terrible words. Well, hip hop is right. The best content does come during the bear market, I think. Yeah. So anyway, back to price. Yes, I've been DCA for months. I could care less with prices. The lower it goes, the happier I get because that means I get more BTC. If it goes below 15, sure. I don't care. I'm not worried about, we've talked about this for weeks, but if we're below 15 and it's 2025, then we're in trouble. But if we're boring and oscillating between 23 and 30 for the next six months, I'm not worried about it personally. 23 and 30 would be great. This drive chain nonsense is exciting me because governance debates historically have been bullish. If nobody cares about what you do with the chain, then it's not a good chain. Sure. Yeah, I agree. The ultimate crazy shower thought is where does BlackRock, how do they vote on the fork? Are people actually talking about a fork? No, but let's say it comes to that. I'm not talking about the most likely scenario here. I'm talking about a potential scenario. I'd assume they'd vote with the miners. I'd assume they'd vote for it. I don't know. There was something in the prospectus about forks for the BlackRock ETF. I can't remember exactly what it said, but yeah, I don't know. That'd be interesting. If that comes to pass, I don't think it will, but something to think about way down the line. Yeah. Zero X, lots of vowels says ESG fork. I don't know about that. I don't know about that. Fink has really backed off the CEO of BlackRock. He's really backed off of the ESG narrative. And if anything, we're getting a lot of press on the side of Bitcoin being ESG friendly. So it's really... Grid stabilization. Yeah. It's really changed after that. I think the New York Times piece was the bottom of the dirty Bitcoin narrative potentially. I think grid stabilization has to exist though. They have to figure out how does this not just waste energy, but how does it create stability? How does it use renewables? You have to push into those things really hard because otherwise I personally feel like proof of work feels kind of pointless if it's not just work, but it's also waste. Proof of work that's not waste, I think is fine. Well, you're securing the assets. What are the values for all of the banks globally? I know, but proof of stake is also doing a pretty good job of securing the assets. Proof of stake has yet to prove itself. It hasn't been a successful proof of stake chain since existed. it's We haven't seen Ethereum proof of stake in a bull market and it hasn't done so hot so far. So it needs time to prove itself. That's all I'm saying. Look at any proof of stake coin historically, and they don't do well for whatever reason, they do not do well. I'm not saying it's not secure. I'm just saying, look, it hasn't done well. Yeah, undeniable. I'm not sure about that. Let's pull up CoinGecko. You tell me which. EOS? Has that done well? Oh, come on. I'm talking about will Ethereum do well with proof of stake? Yeah. Okay. But I'm saying we can't just assume ETH is going to do well because it's ETH. It's changed its security model. It's changed the yield component. It hasn't proven itself yet in my eyes. That's all I'm saying. Neither has Solana, neither has Tron, Cardano, Dot, Matic. All this stuff hasn't really done anything or gone anywhere. Five years ago, we had a list of other 10 proof of stake coins that didn't do anything. I maintain this philosophy of Bitcoin versus Ethereum, wherein the variability of Ethereum is okay. It does change. It does have governance adjustments, but it's still pretty Chad -like. BTC, you know what you get. It can be good, but you just know what you get. That doesn't make Ethereum bad. Alts should have higher beta to Bitcoin. They're just riskier. And that's where all the stupid stuff happens. So yeah, there's the Lido issues with these. But there's issues with every proof of stake coin. Historically, they just don't do well over time. That's all I'm saying. There's issues with miner centralization as well. Of course. But miner centralization issues are very similar to the staking centralization issues. Similar, but I wouldn't say the same. All I'm saying is if you're drinking the ETH Kool -Aid, I don't care which side of the debate you're on. I'm just saying find one proof of stake coin that does well over time. I haven't seen it. I have not seen it. Ripple doesn't count. Doge doesn't count. Litecoin doesn't count. You will, don't worry. I hope ETH is the first one. But we just haven't seen it. That's all I'm saying. Yeah. ETH BTC appears to just want to keep going droopy sideways down. I don't know if we call this a direction or not. I mean, that is a downtrend over the last year, one year of downtrend. But it's not like puke -y. You want to hear a crazy thought? Bitcoin's having will be more bullish for ETH than it will be for Bitcoin. Sure. I don't think that's that crazy. It's down 23 % in a year, ETH BTC. Relative to previous bear markets, that's not much at all. 80%. Suzanne's got time. Or I'm saying we've created some stabilization in these asset ratios. I don't know. Well, it doesn't look bullish, but it doesn't look turbo bearish. You know, it looks neutral. It looks like it's ready for lows. It doesn't look like it wants to go higher, that's for sure. But would you expect it to? It's not the coin that's getting an ETF. It's not the coin that has all the flows. ETH? Yeah. Oh, dude, the first thing you do once the Bitcoin ETF is announced is assume the ETH ETF is on the way. Right. We've talked about this, that the best news for ETH is, of course, a Bitcoin ETF. Who cares about Bitcoin, right? That's fine. I'm not going to disagree with you. But I'm saying in the moment, the flows are just not going to come to ETH first. ETH will have its day. There's no doubt ETH will be at 10K. Clip it, chat, clip it and ship it. Talk to me in 2025. ETH BTC may do super well. It may go to 0 .1. But over time, it has not done well. I do like T -Bells flip mode. ETH. I think most of the civilized universe likes T -Bells. ETH to 10K is where you lost me. Not because... Is that too low? No, no, no. Not because I was unhappy. I was euphoric. Okay. That's all I need. Just little ETH to 10K action, Josh, and sunset. We ride off into it. That's all we need. You know what else I was thinking? What's that? It's the constant thought of these institutional products. Are they going to offer a yield component? Eventually, they should. I just don't know if that's baked in to the initial applications, right? Yeah. Shouldn't probably be baked into the initial applications. Why not? What if you have BlackRock, you know, take over Lido? What a crazy thought that is, you know? It is a crazy thought. Then we really get to see how good Proof of Stake is. Yeah, I just got excited. I think we need to think like that because of the institutional influence that's clearly going to be here eventually, right? What's going to happen when OFAC compliant BlackRock takes over ETH, you know? Same thing with Bitcoin. They're buying miners. They've got influence on all sorts of stuff. Just something to think about long term. Yeah. I don't think we've really seen the wars that will exist, like have looked puny compared to the wars of the future. No, I don't think we'll have BTC staking. But I don't know. Things could get wild, right? Absolutely wild when the most important asset manager on the universe is in our backyard all of a sudden, you know? Yeah. I want to talk about the dollar. But first, there was a ruling this week where there were two dissenting opinions in crypto's favor. But I don't remember what the ruling was on. Do you remember? I thought one was for Uniswap, but that was two weeks ago. No, it was about the Stoner Cats thing. NFT stuff. As an NFT person, what are your thoughts on that? I think a lot of NFTs played like dance real close to the fire. But at the same time, I think it's really interesting and encouraging to see SEC commissioners write these dissenting opinions and making pretty direct correlations to things like Star Wars collectibles of the past. Like, for someone to purchase a Star Wars collectible and think that, okay, this might be valuable in the future is not an unreasonable thought. That does not make it a security, you know? That said, I don't know that I would say like Stoner Cats or many other NFT projects were like in perfect compliance with what they were doing, too. Like, they might have been going a little hard on the, hey, a number might go up thing versus like... They were a product of their time. Versus enjoy the cats, you know? You buy it for the quality of the art.
"two things" Discussed on Bloomberg Radio New York
"World beyond ETFs. And what we find is the market is about 2 point 3 trillion today. And that's three main takeaways. The first is Europe is about 85 % of it. So yeah, a lot. And we think Europe's lead is actually going to widen over there. The second thing is if you look at themes, environmental and climate themes are a major chunk, about 20 %, big growth since probably the last four or five years. And the third piece is a lot of growth has been due to rebranding. So in other words, funds changing their name to ESG. That's been pretty much a huge driver. So how then do you suss out whether or not a fund is actually practicing environmental social governance versus just naming themselves that? Yeah, it's a good question. I think it comes down to looking through to the building. So what I do at least is I look at sort of ESG scores, ESG metrics and roll them up to the fund level. And what you're really looking for is, is it different from your benchmark? Because if it's not, what are you paying for? And of course, funds have different objectives. It's really hard to suss that out. But I think there are some metrics that you can just start to get a sense of. All right, at Bloomberg Intelligence, which is Bloomberg's investment research business, close to 500 analysts around the world covering 2 ,000 companies, 138 industries. How many people do we have covering ESG? Oh, I want to say it's close to 20 now. 20 people around the world focusing on ESG. And Paul, you remember it was one? It was you. So that shows you how important this is to investors. Because if we're investing resources at Bloomberg and ESG, we're doing it not because because fans are not fans of ESG. It's what our customers want at Bloomberg. Why 85 are % of the assets in Europe? And why is the US not a bigger piece of that? So Europe has always been the dominant player. So they started about maybe 10 or more years back and it was really a drive by their pension funds. The US has been taking a bigger share of the pie. But that's sort of cut back maybe since about last year. A share large of the pie was driven by ETFs. About 40 % of that asset base in the ETFs. US is Outside of that, the share has not increased too much. I do want to say though that funds is one way to track it. There's a lot of money that says a pension fund I'm just investing and you just can't track it. So this is one view of it. How big of a headwind is the political battlefield surrounding ESG in the US to those numbers you talked about? It's quite a bit. The view I have always taken is that we saw a decline last about last year. year. I don't think that decline was due to the political backlash. It was concentration is unravelling But I do think going forward it's going to sort of prolong that slowdown and stop what I call the widening of the investor base. So basically to continue that growth you needed a wider investor base and this is just going to stop that. Is there any sense when you talk to people in the ETF space or just the ESG space that in general that tide is going to change or is this something that feels like it's something ESG investors are going to have to deal with? It depends on who you speak to. I think most of the people I speak to are ESG so people they all think the tide is going to change. We don't know the reality. BlackRock, the biggest asset manager on the planet, they are big proponents of ESG, correct? Yeah, they have probably the lion's share of terms of assets. I guess I think a lot about this and this is stated pretty plainly in one of our colleagues' pieces about this anti -ESG bill in Congress where Andy Barr, a Republican from Kentucky, straight up says this effort is about taking politics out of investing, depoliticizing asset allocation. If the US continues to move towards that if particularly we end up with an even redder Congress. How bad could that get for the ESG space? I mean I'll just reiterate that there's nothing critical about ESG. They're doing the exact opposite. I mean the regulation is definitely going to make things worse as it gets more into that. So we'll just have to wait and see. Is there good data out there so investors can make a good decision about whether a company is supportive of ESG type of parameters or not? Data is improving. I wouldn't say it's perfect. I mean the G has always been the most used, probably the most popular. Outside of that probably ESG scores because they sort of fill gaps where it's not available. When you go to certain sectors that are not environmentally sensitive, things like tech, finance, things like that, it gets pretty batchy. But just for our Bloomberg users, one of most the widely used functions is FA for financial analysis. That's where you see the income statement, the balance sheet, the all that kind of stuff, ratios and segments and stuff like that. And there has been for a long time a dedicated tab, just like there is for an income statement, just like there is for balance sheet for ESG. And there's all kinds of data for there ESG. Do investors, do they use that? How important is that, do you think? So underlying data to me is actually the most important, right? It's what backs into and feeds into scores and you really need that transparency to understand anything. All right, so again, you put in any ticker for any security and you put in there FA for financial analysis. And one of the tabs there could be ESG and you can check out all the ESG data, ESG disclosure scores and all that kind of stuff and you can compare companies. So Bloomberg takes it seriously and that's because our clients of the Bloomberg professional terminal take it seriously. So, but as Shaheen was saying, it's much, for much bigger European investors or just non US investors. Shaheen Contractor, thanks so much for joining us here. Shaheen is a ESG research channels from Bloomberg intelligence joining us here in our Bloomberg interactive broker studio S &P 500. We're off about half a percent today, a little bit off the lows. We'll have more coming up. This Bloomberg. I guess some company news right now with Steve Rappaport Paul Boeing's largest supplier is resuming contract talks with union workers as the aircraft maker hopes to step up production of its best selling jetliner Spirit Aero Systems employees voted to authorize a strike despite reaching a tentative deal last week. The dispute shut down production of fuselage assemblies for the 737 Max shares of spirit are up right now while Boeing stock is down. Citigroup ups the ante to get remote holdouts back on site at least three days a week. Sources tell us managers have been instructed to consider attendance when rating performance and crafting pay packages Bloomberg Sonali member BlackRock more recently told their employees four days a week please be in the office. We have a new office in Hudson Yards and we want you all to be together it's needed for mentorship it's needed to do things faster stronger in a tough environment but listen for Citigroup it's still majority of the employees here three days a week and so that is a little less than what you're seeing for example over at Goldman Sachs so even with the lax policy this is showing you that if you're not complying there will be consequences you can't have some people that are complying and others that take the rule a little less seriously. Thanks Sonali. The Supreme Court sides with
"two things" Discussed on THE EMBC NETWORK
"It all became very clear to me. I had carried my wife into our home on our wedding day, and I am to hold her until death do us part. I bought a bouquet of flowers for my wife on my way home, and when the sales girl asked me what to write on the card, I smiled and said, I'll carry you out every morning until death to us part. Well, I got home flowers in my hand in a big smile on my face. But my wife had died in his sleep while I was away. It turns out she had been fighting cancer for a few months now, but I was too busy with Jane to even notice. She knew that she would die soon, but wanted to save me from a negative reaction from our son, in case we pushed through with the divorce. In the eyes of our son, at least I would still appear to have been a loving husband. I carried her out for the last time. The small details of our lives that I initially thought were boring and unimportant are what really matters in a relationship. Not the mansion the car, personal property or the money in the bank. These things may create an environment conducive for happiness, but they can not provide happiness in and of themselves. So find the time to be your lover's friend. And to do those little things for each other that build intimacy. Many people do not realize how close they are to success when they give up. Powerful story. And that's my wish for you. Don't give up. Think of how special your spouses do you think of the special times you've had in the past? What a beautiful person they are. You know, take action, do whatever it takes to create the incredible relationship you really want to have. You can create extraordinary passion and intimacy if you do the right things and if I say, as I say, if you actually do them, if you take some action. So that's my real wish for you. Do what it takes, take check, take action and keep going until you
"two things" Discussed on THE EMBC NETWORK
"6, just keep going. Just keep doing it. And if you need to adjust your approach from time to time, if you get, if you find some of the information isn't working for you and you get some more information and try something else. But just keep going till you get the result you want. And really that's it. And if you do those 6 things, I'm sure that you can transform your marriage, which is why you're listening to this. Just to wrap out there's a couple of things I want to share with you. First of all, Winston Churchill, the prime minister of England, or the UK. In 1941, he spoke to a school. Harrow schooled in England, and he gave a speech. Now, everyone was expecting a course long winded political speech, but I'll tell you what his speech was. So this is him addressing a school in England, and he said to the pupils. And never, ever, ever, ever, ever ever ever give up. Never give up, neither give up neither give up. And that was a speech. And that is so true, and when it comes to your marriage, you know, remember that speech that's where it all comes down to. And also I want to share another story with you about the amount of time it might take to save your marriage, and whether it's really worth it. And this is a lovely story. I'm not sure where it comes from, but see if you can really relate to this. And I'll start the story now. I got home one night, and as my wife served in it, I held her hand and said, I want a divorce. She didn't seem to be annoyed by my words, instead she softly asked me why. I avoided the question, and this made her angry. She threw down the chopsticks and shouted, you are not a man. Well, we didn't talk to each other that night. She was weeping. I knew she wanted to find out what had happened to her marriage, but I could hardly give her a satisfactory answer. She had lost my heart to Jane. I didn't love her anymore. I just pitied her. And Jane is obviously the man's mistress. With a deep sense of guilt I drafted a divorce agreement stating that she could keep the house the car and a 30% share of my company. She glanced at it and tore it to pieces. The woman who had spent ten years of her life with me had become a stranger. I felt sorry for her wasted time resources and energy, but I could not take back what I had said. She finally cried loudly in front of me, which was what I had expected to see in the first place, and the idea of divorce felt more real now. Well, I got home very late from work the next day and found her writing something at the table. I didn't have dinner. I just went straight to beard and fell asleep. In the morning she presented her divorce conditions.
"two things" Discussed on THE EMBC NETWORK
"And if your marriage is really rocky, but not necessarily at the point of falling apart, you might say the goal I want to have us really being close and intimate and happy and sharing fun times and really doing things together and being able to be trusting and loving and I want to be able to share my innermost thoughts with my spouse. And them support me in what I am doing and me support them and what they are doing. So get very clear that step number one have a clear goal of what you actually want. Now the step number two is to commit to doing whatever it takes to make it happen. Now that I'm not saying here to hope that it happens all to want it to happen, or to try to make it happen. Now, this is where you decide, you make a commitment that there is no other possibility. The afford you, you will not accept anything else other than what your goal is. You're not going to accept anything else other than your wife staying with you or your husband staying with you and you're having a fantastic relationship. So you cut off all thoughts about anything else like when I hope it's going to be or I want it to be or I believe maybe it can be. No step number two is to commit to doing whatever it takes to make it happen. In other words, you're coming from a place of knowing and certainty yes, you're not going to accept anything else. Okay, step number three, this is to have a positive mental attitude. So it's a little bit similar to step number two, but this is about not admitting defeat. So you're positive mental attitude see us look, I'm sorry. I'm not interested in hearing any other any other excuses or thoughts or negative ideas or anything else I know that I am going to get the goal that I want to achieve. Now you've got to have this positive mental attitude to yourself, so that's about telling yourself the right things. Don't say to yourself, oh, you know, things are going badly and I'm really struggling. You've got a couple of those thoughts out of your head. And secondly to your spouse as well. And this is one of the things I see. People want to save the marriage, they don't want this vows to leave. But they don't give the espouse any particular joy, and positive reason to say.
"two things" Discussed on THE EMBC NETWORK
"That's why I think we've created this whole society where there's lots of feel good going on, but there's a lot of action. There's a lot of people actually stepping up and doing anything. And I don't want that for you. I don't want to just make you feel good and feel that this hope. I want you to see some real results. And people don't not only do they never even try something, but even if you take out, if you look at a hundred people, 97% or 97 people out of those hundred will probably do nothing, even if they think about doing something or never take the first step. And of the other three people, probably two of them will do something. Now that's good. But that one person who does one thing differently is going to get far more benefit and result than all of the other 99 put together, and the only thing they are doing differently is that keeping taking action. So not just doing something once, but they just keep going. But very, very few people, as I say, either do anything at all, and far fewer keep going. So why is that? Why have we created a society where most people want things and they talk about things and they feel good maybe about the thinking they're going to get it, but they never actually do anything about it. Well, I think it comes down to two things, and the first one is motivation. And people say they're motivated, they're obviously not motivated enough to take action. And what you need to take action, what you need to be really motivated is you need to have some pain. And unfortunately most people are more motivated by pain. In other words, by the feeling well if I don't do this, things are going to get unbearable. So they're motivated into doing something if you like because if they don't then it's going to be too painful for them. And I'll give you a good example of that. I can guarantee you that if you will, if you were a heavy smoker, say you smoked a packet of cigarettes a day, and you wheeled off to the hospital, and the doctor said right, I'm going to have to operate on you on your heart. You need a triple bypass heart operation. Because of your smoking, but you need to give up smoking straight away. I guarantee you you will give up smoking straight away. You'll be so
"two things" Discussed on THE EMBC NETWORK
"Save it if you are really, really struggling and finding that you've got great problems. And even if you just wanted to make it a lot better, even if it's not too bad and you just want to make it a lot better, a lot more fulfilling and exciting and passionate and really a wonderful place to be. I'm sure you'll notice what I'm trying to do with these podcasts is give you some real practical things that you can do that are going to make a difference. And that really is my mission. I'm not a counselor by background. I'm not one of those people who wants to just talk about your problems and really just even just make you feel better. That's not my goal. My goal is to help you get some real results and some real differences in your relationship so that you can say that your relationship is a lot better than it's maybe ever been. So that's what I'm trying to do, but my question to you is, even though I'm giving you all of these ideas and have been, are you actually using any of them? Now, I hope the answer to that is that you are doing some things. But what I want to cover in this episode of the podcast series is something a little bit different and it's really what I want to try and do is give you some if you like motivation or some tools so that you can start using some of these ideas using this material and really getting some results because you're only going to see some difference if you actually do things. So I want to cover a bit of this in this episode. I think you're going to find it pretty interesting. So anyway, if you want to save your marriage, if your spouse is leaving, or if things just aren't the way you want them to be, if you want to create a great relationship, there are really only
"two things" Discussed on Bloomberg Radio New York
"Not particularly attractive. And it confusing picture in some ways because we, as a house, have been pretty optimistic about the global economic outlook. Long expecting the U.S. to avoid recession, we don't have recessions now, forecast even in Europe, which was really the epicenter of the risks last year with rising gas prices. But I would say two things. First of all, equity markets are really pricing that outcome now. We don't think they're pricing a recession. And secondly, as you say, you're getting quite a high return in competing assets with much less risk. So overall, the biggest market in the world we're looking at a flat return. We've been preferring non U.S. markets for quite some time. We still do. But even there, the absolute returns we think are going to be relatively modest overall at the index level this year. Modest returns overall where are you then looking to get the most out of them? Well, I would say two things. Firstly, if you take all of the regions globally, we've got the highest return forecast in Asia. It was partly a valuation story in a recovery, the opening up of China. And secondly, I think you really need to look within beneath the equity index level to really find better relative opportunities. Now that's been the story already for much of the last year where we found for the first time in more than a decade, valuation really mattered cheaper things outperformed in the previous decade generally, more expensive things were outperforming. And we think that will continue. So we like pockets of value in Europe where I cover in particular, we've had a strong preference for banks, which have been a disastrous performing area for more than a decade, and over the last year have performed well. We think there's more to go there. We like energy and commodity related sectors as well. And we sort of balance that with a preference for stable margin businesses across industries. And that's true globally. When you talk about Europe outperforming the U.S., what exactly do you see driving that? I would say it's a couple of things. First of all, valuation. The U.S. equity market remains quite expensive, trading at over 18 times. That's quite a bit above its longer run average. Most other equity markets trade below their longer run averages, and that's true in Europe as well. The most extreme cases in the UK, which has been our preferred European market, was the best performing major index last year. We still think there's a lot of upside as partly because it's very cheap and partly also because it's got more exposure to the things that no one really wanted in the last decade, which was very dominated by large cap tech, but it does have a lot of exposure to these things that are finally seeing quite strong fundamental earnings growth. But banks, healthcare resources. Yeah, that's split between value versus growth, but talk specifically
"two things" Discussed on Bloomberg Radio New York
". Good morning I'm Nathan Hager keeping you on top of the news that broke in just the last hour Google parent Alphabet is making big cuts to its global workforce slashing about 12,000 jobs or about 6% of its worldwide headcount, Bloomberg quick take correspondent Alex Webb is back with us this morning covers all things tech on quick take. Alex good morning, refresh my memory. I know that tech has been in cost cutting mode for quite some time now. 6% sounds like it's kind of in between what we heard from Facebook parent meta platforms with it's pretty deep cuts in the workforce. And Amazon, which came in with a pretty strong top line number on the number of jobs it's cutting, but not so much when you think of it in percentage terms. Yes. You're quite right that Amazon announced in the order of 18,000 job cuts that is actually less than 1% of the total workforce and The pandemic, or is this a sign of something deeper to come for alphabet? There are two things that happen really that a lot of these tech companies expanded at pace during the pandemic as people spent more time and therefore usually by extension money online. The advertising industry benefited because a lot of people, not everyone had more money to spend on have they had more disposable income. Now, with inflation and cost of living crisis in various parts of the world, the disposable income has decreased. And so that's compounded by third factor, which is as interest rates come up. Tech stocks look less appealing. They're valued based on their growth in their future earnings potential as much as they are what they can do today. If you're able to get 5% returns from the bond market, then the faster bet than gambling and what Google meta Amazon might be able to do in 5 years time. Yes, it's sort of, hanging in the, maybe not so much in the background, but on the sidelines, the idea that the Federal Reserve and other central banks around the world are in interest rate hiking mode. How much does that play into the overall tech picture and what it's doing in terms of cost cuts? Well, if you certainly look at the share prices, right, Google's lost 800 million in valuation from its peak, Amazon lost a $1 trillion in market capitalization. It's a real sort of punishing time to be a tech stock. Apple, which is probably the most resilient of them, even Apple has lost in the order of 500, 600 actually more than that 700 billion. So that is probably something that is driving some action that you could also look at it if you're going to be a little bit more cynical and say, well, actually maybe it gives them the cover to do these cuts that actually they recognize that probably they needed to do them anyway, but the fact that this stock is the stocks are taking a pounding means they have a good opportunity from an operational perspective to streamline. On the early trading session, we're seeing a bit of a lift on the back of the news alphabet shares higher by one in three quarters percent with the word that 12,000 job cuts are coming at the Google parent company. Alex Webb, Tillman double duty for us. Thanks as always for bringing us your perspective on not just this breaking news, but the overall tech picture Alex Webb with us this morning from Bloomberg, quick take. Looking ahead to the market open. It's a mixed bag, S&P futures are higher by four point style futures, still little change to lower down 14 points. NASDAQ futures getting a lift on the alphabet news higher by 46 points again a four tenths of 1% there, and the ten year treasury is down ten 30
"two things" Discussed on Unfuck Nation with Gary John Bishop
"That. And as i've said even on this young you're not looking for an apology. You're not you're asking somebody apologize for your point of view. It won't ring for you because most people say the. Lukman an apology mostly. They're pretty doug annaba being right about the other person so the culture of victim comes out over desire to blind and all over the world right now people are just screaming about their victimhood are their social injustices in the world. Yeah should we do something about those. Fuck yeah the things in this world. That are not right. Yeah should we do something about those fuck ya but you can't even address them properly because you're constantly coming from a place of blaming victim can't get to them you can only grind through those and the way that you've grown through your personal lloyd's how you are there. It's the same fucking mechanism. That's why it's so fucking confusing. It's so fucking confusing because you've never been able to sort your way through your personal shed when you learn how to transform a relationship your view of the world changes because you see that there are things that are there that are transformed if i stop pointing the fucking finger. I don't talk about people coming together and work and things of some fucking do good the happy clapper bullshit. I do that. Because that's the only way he can get done or you can go to done by force. Yeah yeah that's right you actually can. You can't sustain it. you can't sustain it by forbes. You can all stop so i'm asking you you take on being extraordinarily you're gonna start catching yourself and fucking blame train because it's not a fucking game. It's a train. it's one thing after the other after the other after the other on a single fucking track you gotta get off that fucking blame train and you gotta realize the degree to which the conversation for you being at the effect as you being the effect of things inside of you you being the victim and i know that are those of you to put waterbird like you fight for the victim. You don't realize you're fighting for the victim to stay where they are. That's what you're fighting for. You've got compassion. The mistake is you think i don't. That's your mistake mistake. Is that have no compassion. A little compassion all the compassionate world for people. I spend my fucking life lesson. People end the swamp of fucking mediocrity and drama. I want to have conversations with those folks. I wanna get what it's like for them. And then i wanted to see what they're doing to themselves again. Two different conversations right. I can have a conversation with somebody who's been the victim. You something about what they're doing with a life and can also have a conversation with those victimized they're human beings who no matter how heinous are bankrupt. That acts made a beep blame and victimhood the two things you must end in your life and you go to end at your end it now. What do with somebody. Who's this way gary stall. Stop whatever way people are with you by the way whatever they bring to the table it only gets to live on to the degree that you push back against. It only gets to live on to the degree that you push back against that. That's what gives it life. It's like you're pumping plasma anti people's upsets like you're putting the fucking pads on the chasse than by here. Let's talk about this more back here. Let's give this more life back. Come on let's fucking get this out in the open. Then you get up the next day and you do it all again. You pump life. Enter people's upsets by either trying to effect some a resist them rather than do what with them. Let people communicate. You don't have to fuck it. Interact with you can just nod your head and i get and understand. What do you have to say but that nothing. What's your opinion. My opinion as you have every right to communicate but the desire to change people to force them thank differently or behave. That's what you bring to life and your life dan. You're in that context of who the fox to blame and yet in a context for victim which is like. I can't be around that person. Just so negative la la la la la la lulu. Be powerful be extraordinary. You don't have to walk the same path as everybody and you don't have to follow the predictable answers that people have come up with four quote unquote breaking the chain which ultimately doesn't break. The chain is just another fucking link in the chain break in the chains really more. You don't engage with a chain. I'm not playing that game. I'm not playing that game. If there are two people who had who had odds with one another. I'm not playing the game of who's right between the two of them. You can love both of those people and not agree with innocent. Either of them are saying but again we jump and yelling okay. let's get to the bottom. Who started this. Shed doesn't matter who started. Where are we now so to be powerful and wife requires you to get off it out. Blame trying to be powerful in life is to catch yourself. Anna conversation for victim victim to what anisa aniston and the more you catch yourself the more powerful you see you are and the more powerful you see are the more you can raise the stakes in your life. You'll actually be someone that other people want to be around why because you don't paddle and the same bullshit all too often. People are trying to find their circle. Find try sort your shutout your tribal find year. They wanna be by your side. Because you'll make sense you'll be the one who has a gravity you'll be the one that other fucking little planets wanted common starts spinning around it because you don't do the blame game and you're not interested in the victim conversation not because you don't have some compassion for people who have been victimized is because that's no way to love that's no way to live. There's no way for a human being to live to live the life of being a victim. And so if you want to engage you my work come on an feet be powerful. No blame.
"two things" Discussed on KNBR The Sports Leader
"Just to have those guys and the rest of our football contributors back in the saddle. For for this season, man. It's It's going to be fun once again, and, oh, by the way, we've got a football team that is going to be halfway decent to talk about is pretty cool. Who are you guys going with? By the way for your You know, pre week one Super Bowl pick. I'm kind of leaning with Niners in the NFC and I'm going with the surprise Cleveland Browns. I think the Browns hoped that the Browns personnel and they're just Stacked. I mean, I realized Kansas City might be better, and there might be a couple teams in there that buffalo a lot of people like Buffalo Butt. I I would not be shocked if the brownies somehow make it to the ball. They get that good talent. Yeah. Yeah, I like the I like the nine years to, uh, I think they're healthy. Uh, they get both the back forward back. It's starting to remind me a little bit of 2019. Keep looking, and I can't find 45 to 1 odds anymore. So that's a little bit of a bummer. Gotta, I gotta say A F C. I'll go with Buffalo. I mean, I haven't really thought about that much, but I like Alan a lot. I just I like their team. I like their coach. And I think last year was kind of a, uh, you know, learning curve from them. They're finally good and kind of the hunted team and they played through some adversity and Got to the playoffs lost. What to think eventually is going to be a good thing for them, but I think They took some good steps last year, and I I just I like them, So I mean, that's chock chock. Basically, I mean, it's not the chalky ist of Chuck. If you want to go, Chuck, Chuck, you go. Tampa Kansas City. They run it back, but that ain't happening. I mean, we don't see run backs anymore, especially the same two teams, so I'm going to get rid of both the chocks in the conferences. And I'll go. Uh Go 49 ers and knuckle bills. You don't have a chalky taste in your mouth, Thomas. That's what you're saying, Uh, making a chalky taste. I gotta say, Chalky white R I P. Yeah. What the hell? Listen, we got a couple of alright. Pleased to get one from the world of acting. You mentioned Omar. Unfortunately, no longer stepping Michael K. Williams, and we got one from football, too. But let me let me of course, give you my prediction. And my prediction. Is he okay? Can't love that prediction just had to do it because it's their damn right. Hey, listen, I'm The Browns and the Bills. Two good teams, not bad. Super Bowl picks two things. I have yet to come to grips that I live in a world where the Browns and the bills are not only good Super Bowl. Good and good at the same time. I'm just not ready to accept that. So I'm gonna go with the Niners in the NFC and I got to go with the Chiefs. It's I got the chalky taste in my mouth. Easy, easy. Both of you. But they have a better offensive line this year than last year. And what was Kansas City's problem in the Super Bowl last year? Their offensive line now give Tampa's defense credit for being as good as as as it was and exploiting that offensive line deficiency. For for the Chiefs. But that was a deficiency in a problem offensive line for that squad all year long. It wasn't just in the Super Bowl. It was magnified and exacerbated by Good Tampa squad. So give me the Niners and give me the Chiefs running it back from a couple of years ago. When I say the name fellas Sam Cunningham, what comes to mind? Bam! Yes. Jumping over the jumping over the offensive line at the goal line. Yep. And they really Yeah. SC coming out. ST SC coming to play Obama. There you go. I think of the absolution of college football in a lot of ways. Sam Bam Cunningham is one of the great nicknames of all time. Sam Cunningham passed away at the age of 71. He had a really good pro career. I think he's still the Patriots all time leading Russia all time. Great nickname. But, Larry, I'm you nailed it. It is not an overstatement to say that Sam Cunningham Integrated college football specifically integrated The University of Alabama. 1970 Legion Field. Birmingham, Alabama. USC Alabama s C works some 42 21. USC integrated with Sam Cunningham at tailback Alabama in 1970. 50 plus years ago, but not that long ago and all white football team Sam Cunningham hit Alabama for 135 yards and two touchdowns. You guys want to take a guess how many carries on for those 135 and two touches? Uh, three. Tommy, would you say 10? I said 10. 12. Okay, 12 Rush is 135 yards. Now they're They're a bunch of not a bunch of but there are a couple of maybe misattributed quotes, quotes that were never said. But there was this thought that after that game bear, Bryant basically said, I have to get me one of them them being an African American player. And and there was another quote where they said that Sam Cunningham did more to integrate the University of Alabama in 60 minutes than Martin Luther King did for his many years of trying to get America to do the right thing. Whether those quotes are true or not. You cannot deny the fact that Sam Cunningham in that game, change the face of American sports as we know it. So, uh, I just wanted to put that out there because I don't know if it's been forgotten in history. We watched college football over the weekend. You don't think about integration or How it wasn't that long ago That integration was a big deal in college sports specifically at those deep south schools, the guy that made that happen maybe quicker than it would have not Maybe definitely quicker than it would have. With Sam Cunningham and he passed away at the age of 71. I did not know this. I didn't know that that was Randall Cunninghams brother. I didn't know. I didn't know that either. Didn't know that either until I just saw it. There's also a connection to the 49 ers in this whole thing. I mean, that was 1970. So Cunningham was one of three black starters on that on that USC backfield. Jimmy Jones and Clarence Davis were the others. Clarence Davis went onto an NFL career in his debut as you said, 135 Yards, two touchdowns the very next year. Wilbur Jackson, who would become a 49 was the first black player in Bama history. And you know some of the SEC schools..
"two things" Discussed on WTMJ 620
"On baseball's swinging them is 97 right past Tommy fan back and out the winning swimming liner to the gap in left center, and it is going to be caught by Jackie Bradley Jr on this one is over. CBS's major Garrett jumps on a wtmj hotline. Now you got no When the whole Oh, what you do. We interrupt this broadcast to tell you that we are drinking a very fine oak aged golden sour hails. This is fantastic, sent courtesy of CBS's chief Washington correspondent and the author of Mr Trump's Wild Ride, Major Garrett to us. Here They are the spoils because the brewers spanked the Padres a couple series in a row, Major, You've outdone yourself. This is fantastic. Thank you. Well, I'm glad you're enjoying it. You know, San Diego has carved out for itself. Quite a formidable craft view Craft group reputation and look, the brew crew beat the Padres took. What was it? Four of the six games. Yeah, yeah. Six games. Given enough for 465 of six. I don't know. Never. Whatever five or seven, you won the series and I promise to get you something and We struggled to find something from D. C. And then you said, Just give us something from San Diego. Yes. What better than a craft brew from a great company there, and I'm glad you're enjoying it. And there's 20 to enjoy Enjoy. As I gather you send us a big full case of these, and each of these is a big bottle Major. Each one is like a four pints. Greg's our beer connoisseur. Greg Rate this beer. This is fantastic. Yes what we're drinking. It's a sour, so this is a very polarizing cornerstone of of the beer community. Not everybody does sours. Well, those who do it well, really do it. Well, there's a Russian River place in Santa Rosa, California That's brilliant. McKellar is very good. They're known for their sour program. If you will. This is this is nice. And it's it tastes barrel aids to me. I'm just gonna go, go. You go ahead, Amy. I'm just gonna say Is this a job? Uh, hi, Major. This is Amy. I'm filling in for Melissa Barkley today, and I just wanted to say a personal thank you for making my day. Better. God, this is awesome. I've never had a drink on the job. This is history. I'm going to say this to we do a lot of fun stuff on the air. We say we should bet something on that Nobody's ever come through like this. Major year to be saluted. Thank mean amazing Kudos to you. I love your reporting to but this may be even better. I will take it. I will take it. I wanted to ask you what we had you on the phone about your latest episode of the takeout. To discuss the return of summer travel. It was fascinating. I loved your talk with Peter Greenberg, the travel guru. What was most interesting from your conversation with Peter Greenberg. Two things one that There is a labor shortage in the travel tourism industry. Um and It is so acute that he told this story on the show, and it just blew my mind. One of two stories he told me that blew my mind. I'll tell you the other one second that in Maui in Hawaii, Maui Restaurant. Publicly offered Entry level bus boys the wage of $45 per hour What and received zero applicants. Wow. Maybe we should rethink it. John? Yeah. Hawaii. Repeat that. Let me repeat that $45 per hour to be a bus boy in Maui, and they got no applicants. Wow. Is that job still posted? We're all all my friends are like, Can I go? Can I check it out? The second story, he told me that blew my mind was he was renting a car in Florida. And that one day price of a Kia fine car brand. But as we said on the show, quite candidly, not on the upper end of these, you know, luxury spectrum. $441 per day. What is there is such an acute rental car shortage because what the rental car companies did during the pandemic is they sold off their inventory about 80% of their inventory was sold off during the pandemic. There are far fewer rental cars available. Everyone's traveling now. So, instead of paying that price 0.4 41 per day for a Kia people are actually going out leasing new cars and then on the black market, offering them as sort of Airbnb rentals. On the Internet. That's amazing around all I'm hearing about the secondary market that you can only learn on the take out and it was a great episode. If you're into cruises. If you're in the national park, you want to rent an RV or buy an RV. Peter covers all of it. And the whole thing about Air rage to and what the airlines he thinks they're going to do John. He said this on the show he believes the airlines by the end of this summer. We'll get with the FAA and require a time stamp on your airline ticket. And if you had a drink within 45 minutes, they won't let you want because alcohol consumption is fueling. Wow. So many of these air rage incidents. It was an amazing conversation. The guides of he is so tapped in Travel. You know, every CEO with every major company, the travel industry. He knows everything about it. I listen to the conversation is a great conversation. The takeout podcast on wtmj on Saturdays. The book is Mr Trump's Wild Ride. We gotta let you go. We got beer to drink. You enjoy that with my compliments to all..
"two things" Discussed on 860AM The Answer
"On this Independence day with a special edition to you, Um, Shell, a special Hillsdale dialogue with Dr Larry hard in which we recollect his teacher and my guest, Dr Harry Jaffa Scholar of extraordinary importance in the American founding and around all the United States and the world. Who for 15 years held down this slot, But I moved to the morning We took the best of that interview and have Dr aren't common. A doctor and I have to play for you. Where we sparked it up. Perhaps the most with Dr Jap all those many years ago, and we talked about God and Jefferson cut number 13. I can't imagine that he They said it so many times without meaning it and so is it really that the rights are in the nature of the people in the rights are in the nature of the creation put on Earth when Locke said that we are all property of God, therefore, we can't be the property of each other. You see. The two things are perfectly compatible. Sure, the authority of goddess and superior to the authority of men, but among human beings, there's no human being who has authority directly from God. One of the more pernicious arguments that is around nowadays, though, is that the people who were in Philadelphia on July 4th 17 76 and those who eventually frame the Constitution did not believe in God and did not intend to legislate for a God centered world. Is that pernicious or is in fact objective? It's pernicious. Why? Well, all authority human authority, uh, political authority arises from the people. But who is the people? What do we mean by the people? Remain human beings who have been endowed by their creator with certain unalienable right. It is the fact that human beings evidence out by God with their rights that makes the people the social Authority. But can that authority above the people be exercised in any way? Because good the people established the Nazi regime or a communist regime? No, because to do so would be inconsistent. With the rights with which they have been endowed. Jefferson on one occasion spoke of he was criticizing the Supreme Court proclaiming the ultimate authority for interpreting the Constitution. He said. The the ultimate authority for the principles of the Constitution is the people on must. They are independence of everything but moral law. It was. The people is a people only in so far as it is a moral people incorporating the moral law. And it is it is that incorporation of the moral look in the people themselves. It makes that the people the source of the legitimate source of political authority. Now doctor on that was an elegant few steps. I asked him if non belief was pernicious, and he ended up talking about moral authority, having confirmed that it was, but that was very elegant dance away from the proposition. No. Uh, he, uh So let me add the caveat here. That Professor Jeff is a very great man. And I'm not entitled to speak for him. He, of course, Okay students, and and a lot of them are better than I. I just happened to be doing this because the old thing doesn't work anymore for you. But having said that now, let me be bold. When Professor Jaffer means speaks of God, he does mean perfect being that you can understand through thinking about it right? You can just look at the structure of the universe. You can see that every artifact. You you make this bottle sitting on my table, right? That's a water bottle. Water bottle is for drinking. Drinking is for health. You see, there's an ascent. But when you get to help you get to a thing that's good for its own sake, and yet is not sufficient. What are the ultimate things? Look at the perfection of a dog. This is one of professor professor Jeff's favorite analogies. He used this all the time metaphors, he would say. A dog is a is a noble being. If you like dogs a lot. But a human being is more perfect than a dog. Now. Just think of the perfections in the human being and imagine them perfected and everything imperfect removed. You have a picture of God. And God, being perfect would supply a moral standard. The reason that one must have respect for the great faith that that that reinforce and elucidate the moral law is because they are speaking of that perfection. In which we find by approaching our happiness in the practice of virtue. So Professor Jeff. It was a Jew and had deep respect for that faith. He had deep respect for Christianity he believed in the regime of religious freedom. He believes that this moral law was known both in freedom. Sorry in reason and in faith, and that's why we can have laws that don't have to be sectarian and and why we do not why we must, in fact, have a free exercise clause, not merely religious tests. That is correct, but a free exercise clause one of Professor Jeffers discoveries I believe in favorite things to say was that America is made both possible and necessary by the Christian revelation. And the reason that is, is that if you have a jury, you have the Jewish law and the Jewish law is the Jewish faith is that there is one God for every human being. And.
"two things" Discussed on Bloomberg Radio New York
"120 countries. I'm Susanna Palmer. This is Bloomberg. This is Bloomberg Wall Street Week with David Westin from Bloomberg Radio. It was a tricky week for investors as the market has been on a tear, some warned of gathering storm clouds, and this week it felt like we just might be feeling some raindrops as well with those C P I n numbers coming on the heels of disappointing jobs numbers last week. So investors have to be asking themselves whether they should be reaching for the umbrella or even running to shelter. We asked Catherine Keating, CEO of BIEN Y Mellon Wealth management, whether investors are changing their strategy to hedge for inflation. Investors always have to be concerned about inflation. Because inflation is one of the things that can lead to the end of a business cycle. Tightening rates recession, you know, bear markets. We don't see that yet. We actually agree with Chairman Powell that we should expect inflation and we should expect it to be transitory. There are a lot of inflationary forces at work in the market. We're re opening, right. We wouldn't have been here together last May. And yet, here we are. We're reopening. On go. We need to expect inflation and we need to ex expect some surprises because the economy closed down in a very synchronized manner, But it's reopening in stages and so we need to expect some of these surprises. And I always think that Janet Yellen has a great way of making economics human and she reminds us. It's not just statistics. It's people's activity. And if I think of my own activity in April Was representing the reopening of the economy and some of those sectors that really drove the CP. I increase. I'm grateful to be fully vaccinated. I was traveling on my first business trip, renting a car flying on a plane going to restaurants. Those were some of the sectors as we address is transitory against not transitory, which Jay Paul's talked about repeatedly how informed should we be about how much money is sitting on the sidelines, particularly households? There's a lot of money sitting out there that doesn't really have a way quite yet to express itself. That's right. If you look at households, households are in very good shape. Right. $3 trillion in household hustled bank accounts savings accounts. You look at stimulus this year that's going to households which will actually be twice as much as what went last year. You know 600 million last year. Trillion to this year. So households are in very good shape, which again is a good sign for the economy, because if we think about the 2000 and eight crisis that's a crisis that really hit households in a different way because of the housing component of it. Households today or actually, in very good shape to what extent of people run away from bonds in this environment, Because it seems like whatever happens, it doesn't seem like bonds will gain in value very much going out. Well, that's right. We are We have seen interest rates, you know, decline for most of our investing lives, and now we're seeing them begin to rise. And so there's always a role for bonds and the portfolio. It's a smaller role going forward. It's a smaller role, because as you note returns are going to be much lower, But there's always a roll. And we're broadening. Port follows portfolios to get exposure to other things to make up for what you used to get from your bond portfolio. We're seeing so the tech stocks get particularly particular hard Now they drove a lot of the market for a long time. And they're still well up overall. But at the same time, what is the problem with tech when it comes to inflation, is it just because there is there so richly valued that when people get nervous, they run away from it. I think there are two things. I think the tech stocks really, you know, led the recovery because the way we were spending our time last year, right? They really enabled us to keep the economy open to a certain extent. So you saw Tech stocks, you know, get very high multiples because of that, and also because investors were willing to pay for growth in a sector that was growing when you had so many sectors not growing. Now what you see is with interest rates rising, it actually reduces the present value of the cache was an earnings of tech stops. And so that's what you're seeing a rotation. But it's invitation into sectors that we should all be embracing MidCap, Small Cap value non U. S stocks We think All of these will play good roles in the port full shall fall upon who might benefit actually from inflation. For example, financials So financials will benefit from inflation and particular difference between short term and long term, right s. Oh, that's a sector that benefits energy often benefits from inflation. S O. Many sectors benefit from higher rates. How concerned are your investors right now? When you talk to them, how worried are there because there's a lot of uncertainty in the marketplace right now, As you said, we've never seen this happen in our economy ever shut it down and bring it back. I'll anxious are people out there. So if we talked to our clients, they really focus on three things. They focus on the economy because they're business people. They focus on the markets because their investors and they focus on taxes because their taxpayers and so are our client. Our client was sort of living. The reopening of the economy is business people. They see this supply demand. Imbalances as they're trying to hire and trying to get workers. They've benefited obviously, from the markets as markets of, you know, tiptoe all time highs in recent weeks and even now still up nicely year to date. And so what We're talking to them. A lot about right now is taxes. They feel that that's much more uncertain. They know that they know the proposals that have been introduced by the Biden administration, but they're asking us Well, they passed their very narrow.
"two things" Discussed on Daily Sales Tips
"You're listening to the daily sales tips. Podcast i'm your host scott. Ingram it saturday. So here's jeff pejic with today's tip now if you're listening to this year a top performer. Or you wanna be a top performer. So you're not the kind of person who's going to show up throw up all over your prospects right. That's not how it works. You know better well. There are a lot of people out there who don't know how it works and don't realize that they could be better so what i wanna do is just break down. Why that show up throw up. Approach is just no good. And i think that it's missing two vital components and after i go through those vital components. I wanna challenge you to do something at the end. That may put you a little bits. Off-balance may make you a little bit uneasy. But i think that's exactly how you know that you're going to be challenged in the right way so the first thing that your show up and throw up pitch first mentality is missing is attention and look. I did this earlier in my career. I'd have prospects as i sold from office to office in orthopedics. They would come to the front desk. They'd see me they'd be willing to talk to me and i thought that was golden. I thought it was a perfect opportunity. Promise my prospect was never giving me their actual attention rose in the middle of something else and that lack of full attention really prevented me from delivering the message that i needed to deliver. It also forced me to rush a little bit in when i started consciously making the decision to not meet with anybody on an impromptu basis but instead work on scheduling time for a later day. Yeah i'll trade you two minutes right. Now keep your two minutes. I just want ten next week. At my results went through the roof and not only did i have the right attention from them so they could actually hear and interpret what i was talking about. I knew that we could have a clearer conversation. We had better mutual action plans. We understood what next steps were in. The sales process came much more easily. It flowed much better. So if you're not already doing this. And hey i'm not talking to you i'm talking to someone you might know. Think about what. The power of attention is and think about how much more success you would have. If you weren't in such a hurry in were just able to give the process the time it needs to breathe the second thing. Is that when you pitch without context when you just show up and give them everything you got an unload on because they need to hear what it is you have. You missed the opportunity to ask any kind of question and create any kind of tension and you know that tension is necessary in the process because it's a stimulus to act. It is the reason that your prospect has to move. They understand where they are right now. But they're nice and safe and cozy and in that status quo and they know where they want to get somewhere else but it's going to take some work. It's going to take some discomfort along the way. So i want you to start thinking in those lines. I want you to start thinking about the opportunity to create tension and don't be such a rush in such a hurry to get your value statement out there that you forget to give it a really nice soft place to land and now my challenge to you once you've established that you need attention and once you've established that you need to create some tension. I want you to think about leaving your deck at home. Want you to think about selling without a slide deck without a presentation. I know use it to keep your talking points in order. I know you use to keep your calls structured. I know i know. I know you don't need it. Maybe you need as a reference. Maybe you need as a visual aid. And in those cases maybe you should have it available for your second. Maybe your third meeting to pull up some specific highlights from your presentation deck. But what is it about what you sell. That leads you to believe that you always know everything you're going to say in the exact order you're going to say it before you get into that conversation Just made me think about that. I know you can do it. You're a top performer. You've got command over your product. You've got command over the sales process. And you are in a great position to have a meaningful well-connected discussion with your prospect. You got this now. Go get it the tension in my household right now revolves around the fact that we still don't have running water as i'm recording this. Hopefully that gets resolved soon. What you can resolve right now is getting connected with jeff george on lincoln and subscribing.
"two things" Discussed on KOA 850 AM
"You talk to an expert who says we have closer to a sick care system than a health care system that covered 19 pandemic has highlighted flaws that were already in our health care system. Our next guest says. We should be working toward providing actual health care and preventative care rather than just treating symptoms. Jeff Margolis is the chairman of Well talk, a consumer activation company and the Forbes Book's author of not just in sickness but also in health. Moving beyond sick care, toe health optimization for all. Good morning, Jeff. Good morning. How are you doing? Well, as we mentioned in the intro cover 19 revealing holes in our health care system. What were some of those exposures? Let's first look on the positive side. What Copan 19 has shown us is that when it comes to illness or sick care, the ability Of our nation to mobilize on research and put capital and both money and mind capital to work to find a solution. We're pretty good at it. The issue is is while we're taking on the fight against illness and Copan 19, it exposes the underlying truth. Is that we spend very little time proactively. Working on improving the health of individuals and the population in our country and as co bit has raged on longer than any of us would like for sure. What's happened is systematically. People have been not doing the things they need to do to become the healthiest versions of themselves. You mean, like, you know, working out and eating Well, Is that what you mean by our sick care system that many of us are making ourselves sick? When I talk about a secure system? What What What I'm saying. Here is We built benefits system in the United States. That's reactive, sick care, meaning that we when we get sick, or we're not feeling right, we have access. Theo insurance or through other benefit plan types from the government. Two doctors, hospitals, pharmacy, medical supplies, and this is by no means bad. However, it is reactive. But April and Marty I don't know if you know, but if you Totally nailed all of the things in clinical care. You'd only be affecting about 30% of your help. 70% of your help is driven by the things you do in your daily living on your environment. And systematically. We just haven't done a good job at whole addressing that I was getting a cat scan the other day, asking how much this procedure is going to cost, they said, will be $800 with insurance or it would be $10,000 if you didn't have insurance. Can we at least get to the point in this country where health care is more competitive that consumers should be able to search around for the best prices on procedures and prescriptions? Certainly that this concept of consumers being able to See what things are going to cost is what's known as transparency. The challenge. April is it's sort of a false notion if you remember of United or Aetna or Blue Cross Blue Shield plan or a state Medicaid program. The rates for which you're going to receive your services have been negotiated. And so, um, obviously all of these benefit plans try to keep you within what's called a network. Were. These prices have been negotiated to the benefit of the consumer. So so your point is, is right on. But what I'm saying is, shouldn't people also have access to good pricing? Or maybe? Read two things that maintain their chronic conditions. Such is managing their diabetes or good access to fitness and nutrition. Programs.
"two things" Discussed on KNBR The Sports Leader
"Okay, I I would have thought perhaps the two things that Make me think once they may be, No, the other certainly know that maybe no is. Let's not forget and this this kicked off the players. There was a report and that he didn't come out of nowhere that ESPN had already they had the exclusive rights to the new postseason format. Month of at least maybe two months ago, and the players were like what format owners and the commissioner made a deal with you. In the end, they had the whole thing all Sanders and play that did not help in all this. That made me think that maybe. Okay, Well, maybe because there's money there right involved, And now you've got people that you've got a kind of Greece and their well, Do we have a deal of what I owe you? Maybe that could push it the part that gives me the real No. Unfortunately, and I won't say that I've had. I've had several people as like, thrown. This outside is what I'm saying. Good hands that this isn't happening. And they said yes. And that's all they would say. But I laid it out this way. Is there any chance the Marvin Miller Man of the year Deli cruise right would have taken the deal with the Twins. At 13 million within 24 hours of the announcement of that this is the way things would be without having talked to Tony Clark and whomever else and said, Hey, I mean, like, if the stay puff marshmallow man could come down. Could this ever happened Where I'm gonna lose 15 Million? The answer has to be no. And that all right, seven inning double headers and Starting ex trainings with they run around second base are two things that just have to have been part of a quiet. I know. Minor league doubleheaders have always been 70. Well, this isn't the minor leagues is the major leagues and the whole started extra inning with a runner on second base is ludicrous. Ridiculous. The only reason why I understood it and accepted it. Lance here was because it was for protection for the players for not overuse his case Eastern correctly states. They don't have big and approximates. What the hell did they do it So you don't want these games going? 15 16 17 innings This again. These two implementations are this year only and co vid specific on Leah's well, correct the doubleheader. I'm Almost look that they say yes to both. Right reading between it. I'm pretty positive of the doubleheader. Yes, And because of it, Jody, I think it makes sense. Like real love it or hate. It doesn't like the three batter. Minimum I could go on for hours is just unbelievably dumb. And the reason for it So, like, speed up the game, do any of that guy. That is that makes me nauseous This I get it because look, if you have a team looking, what's happening? The NHL right the MBA. If you have one team that ends up having my Marlins or Cardinals scenario, and you've got all these double headers, and then the other teams, they were supposed to play right, and it's a domino effect have the same. You don't have roster size. And you're gonna have, you know an inability to be able, even with travel right to get guys in and out. It is necessary. I get that I do. The other one is to your point. It is. It's ludicrous. It makes No sense. All it does, ironically, is exposed because this is why they couldn't do it. They couldn't do it because no one in this game anymore knows how to hit. Like a guy on second base. I watched two years ago in covering the place CBS. Here's a Communion second base lead often inning, You score run, You beat the cardinals and knocked him out. I got always up and then Freeman and Donaldson and the inning and he's still on second, and he's one of the fastest guys in the league. Like we don't even know how to get a run across any more, which is why we couldn't do it. But it is ridiculous. It to me makes no sense with a 17 inning game in a World Series that everybody in the media complained They were their stadium too long with the Dodgers two years ago, right with a baldy and hold the sudden Here we go. Now We gotta worry about the size of games. I mean, come on. Now that I've been again it isn't the worst thing that's ever happened. No, that was probably the All Star game counting. Sorry, but if you're listening But it doesn't make any sense. Jodi. It's just like why this is trying marketing your players better if you want to do something better. This is ridiculous. Then I get to see Casey started. Sirius XM member of E Network radio, our guests here on CBS Sports Radio, All right. I'm intrigued by what your answer to this is going to be. The most intriguing offseason siding to me, not the biggest, but well, if you go by a V, I guess it's the biggest, but not the biggest overall contract is Trevor Bauer jumping onto the Dodgers three year deal, but without so it might not even be a three year deal in the front here is gigantic. He's a different kind of dude. I know some people who think he's great and he's cut off the cuff type guy. I made fun of him when he had the incident with Thean. Deion's when he injured himself, getting a drone at their on the light. I know that he's done some work for you guys on Sirius XM Channel with you. How is he going to sell in L. A Well, I mean, he's from there, so that's the the easy her cell and the second part is performed. I mean, that's look, It's like, Yo I was the same example. Nobody can. Adam LaRoche could have had nine kids and all of them at the field when he's hitting 300 Jody with 30 homers, right? It's like, you know, nobody cares. So it's like you perform. I mean, that's really what it comes down to. I think he'll be fine on he would have been fine with the New York media to like, I don't think because guys like him, and I mean it's to a positive and Greinke who like I've never understood He'll never get to pitch there, but I wish he could've like he people who don't understand he doesn't care about which is okay. You, me or anyone else except the people he cares about. He didn't care what the heck, the New York media saying Trevor wouldn't care either. I think there's more pressure, but I think he's in the right rotation for it because it'll drive competition being there with Kirsch on Bauer, but it also gives you a little bit of a cushion. Where you're not going to have to be the man who's got to go beat the savior Example if he's in the same vicinity, and it's not really l, A sorry angels. But if he's in the same vicinity right up the five freeway in a couple hours of traffic after Colbert and he's with the Angels, and they haven't had a pictures is what Jared Weaver then there's a ton of pressure..
"two things" Discussed on WFAN Sports Radio_FM
"Everybody talked about his arm. You know, we studied that tape. Pretty good. In which way Just any downfalls in his arms. They just quit thrown it outside now whether they didn't believe his arm was good. I don't know, but you know, when we got him, he can make every throw and it's just Getting all that verb. It's and the way he learns the way we teach from day one. We were start training him first time we're in a meeting, so we missed 600 snaps of off season and preseason game, so we Was until the middle of act late October November while we risk ever got on the same page You know, And that's ah, interesting point by areas because you you saw that evolve over the season. I remember. In fact, it was the chief's game against the Tampa Bay Buccaneers. Tony Roma was on the call, and he kept saying In that game, how they need to meld what Arians does with what Brady does. And then he sort of even said that he saw it happening in the midst of that game, and then he I think he So that was gonna be a Super Bowl preview. Well, while he saw that evolving because Bruce Arians likes those deep drops the deep passes down the field, and you know Brady likes that, um Quick, check down quick throw quick slant move the chains that the previous caller was just referencing and you know, in New England was always like a It was like a machine, right? And if it was on the right track, if if it was headed on course, then it was hard to stop. If you got it knocked off track a little bit, um, they could get frustrated. But now you've got the melding of those two things where Brady is feeling comfortable with his wide receivers feeling comfortable with the short game, and they're still taking those deep shots. Down the field. Now Brady himself. He's had a lot of success he talked about. You know the success that he's had to think about that quite a bit actually, and being grateful for all the blessings in my life, and I've got you know more than anyone could imagine. So in the end, I just try to do the best I could do you know, with every situation and you understand there's a lot of people that have supported me over the time to get to this point. On the other side. You know you've got Andy Reid and you've got Patrick the homes and Andy Reid. It's funny because he was a guy. His reputation was bad clock management. Maybe not the best playoff coach but a great regular season coach. Then all of sudden, he wins the Super Bowl. His genius now, right, and he needs the same coach. He's always been. I think you have seen him a little bit more emboldened, You know he's going for it on fourth down more often, he just aggressive. Some of the stuff that they call is inventive. But he's on the cusp of of winning two straight Super Bowls, and he was asked about, you know if he thinks about the history involved there. It's a neat deal. When you're in the middle of it. I don't think you appreciate it as much. Maybe when you when you're done with the whole thing, and you can appreciate it more, But we're just scrambling from one drill to another drilled meeting to another meeting and Before you know it Z the night time and then we go to bed. So that typical football coach speak preparing for I am toe You know, 9 P.m. 10 P. M. Whatever it is all day He's got a lotto Get ready with the right. That's the thing Andy Reid is is, uh, gifted with at the moment is some of the personnel, including his quarterback, Obviously, who talked about why You know their offense. Why he and their offense is such a nightmare for the opposing defense. I get the ball in my hand quickly, and these guys can make plays happen, Esso. I mean, it's something we're amazed defensive really have second guessed what they want to do in order to stay on top of guys like Tyreke in the coal and all these other receivers that we have, and it opens up the field for guys underneath. It's something that really is. A big part of our offense. You know, he pits it right on the head. As far as he can get the ball out quick, You can get the ball out down the field. He can also move and buy time to get the ball out. There's just so many different ways that my home is in and the Chiefs can beat you. But Bahamas has been AH, It's been interesting. I've been seeing him on Twitter talking little more spicy. As of later I saw him liking tweets that we're calling him the best of the game and stuff like that. So I think my homes and started to internalize the magnitude of this game a little bit and what it means for him. You know, and what it could mean for his career. I promise you, he's thinking about that. He's thinking about that now that could be positive or could be negative. I'm gonna lean positive because I think if this was his first Super Bowl, then that that the magnitude of it would would perhaps weigh on him, but because he's already gotten one, and that's in his back pocket. And now he's got the confidence and he knows what sitting there in front of them. I think we could see you know the definitive Patrick Holmes game in this game as well. I think that that possibility is on the table where you just go. What you gonna do? And throw your hands in the air. Because this guy does attack defense is in a way, I think, um, no other quarterback has kind of done in an all encompassing fashion. Deep down the field. Quick strike release. On the run across.