37 Burst results for "U.S. Congress"
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-25-2023 13:00
"When professional soccer player Marcus Rashford injured his shoulder, he turned to Resil's virtual reality sports training program. Resil's technology has helped him and athletes of all levels maintain their skills while recovering from injuries so that they can return to the field with confidence. Rashford says, after my shoulder injury, Resil VR was key to my training and helped me get back to the game. These are the ways athletes are using the Metaverse today. Learn more at meta .com slash metaverse impact. From DC's top names. Most people, including most Republicans in Congress, understand that we need to get aid to Ukraine. Who's going to take us in a rational way into the future and lead our country? This has really become kind of the new frontier in American politics is this battle between red states and blue cities. Bloomberg Sound On with Joe Matthew on Bloomberg Radio. This is the week. Are you ready? Welcome to the fastest show in politics as we stare down the barrel on what some believe is an inevitable government shutdown in a week that also includes a Republican presidential debate, the first Biden impeachment hearing in the U .S. House, and of course, an historic auto workers strike rolling on. We'll have a lot to catch up on here today. I'm glad you joined us. We're joined coming up this hour by Eli Yokely, political analyst at Morning Consult, out with some new numbers of their own that we'll tell you about with analysis.
Bloomberg Daybreak Asia
Fresh "U.S. Congress" from Bloomberg Daybreak Asia
"Alright Broadcasting everybody, Live 24 in a that'll new do world. it for Tim hours and There's me, a a lot of day have a new good technologies. evening at but Bloomberg don't We have go anywhere, to .com kind of is see and how Bloomberg the it Bloomberg impacts Daybreak how Business Asia we all Act, work. for this Tuesday This September 26th Alright in Hong Kong Monday September 5th in New York and coming up today. Moody's warns of credit risk due to a potential government meltdown. Ford halts construction of a controversial battery plant in Michigan. Amazon is planning to invest up to four billion dollars in the AI startup Anthropic. US Congress to work continuing a solution to keep the government open. Philippines removes China's South China Sea barrier. Top Politico is getting involved in the UAW strike. I'm Ed Baxter with global news. A Barcelona star could miss a month and the Classico due to injury. I'm Dan Schwartzman. I'll have that story and more coming up That's all straight ahead on Bloomberg Daybreak Asia. On Bloomberg 1130 New York Bloomberg 99 .1 Washington DC Bloomberg 106 .1 Boston Bloomberg 960 San Francisco Sirius XM 119 and around the world on Bloombergradio com and via the Bloomberg Business Act Hi everybody good morning on this Tuesday here in the asia -pacific. I'm Brian Curtis in Hong Kong along with Fonny Quinn. Rishad Salamat is on assignment today and Doug Krisner is in New York looking first at markets. Well it was one of those days where we just sort of edged higher without really anything too strong to sink your teeth into. It was kind of remarkable too because if you look at the bond market Brian we had a spike in yields right across the curve more so at the long end. Got a 10 -year treasury now at 4 .53 percent. We were up just about 10 basis points on the day. Now whether or not the market's becoming more convinced of higher for longer that's certainly a possibility but you might recall last week when Fed chair Jay Powell suggested the backup that seeing we're in rates is not just because of inflation but probably to do more with stronger growth and I think we have to include at the same time a lot more in the way of supply when it comes to US treasuries. So we've got the 10 -year 4 .53 percent at the shorter end of the curve. We were only up about a basis point or two the for two -year at 5 .12 percent but those higher yields strengthened the dollar quite a bit. We had the Bloomberg dollar spot index rising about four tenths of one percent. We are now at the highest level of the year in the Bloomberg dollar spot. Flip side gives us a weaker yen here. We're around 148 .82. Can Can you say intervention? Most of the guests on this program say it's probably not going to occur until get we to around 150 against the greenback. And the offshore Chinese yuan weak as well down about two tenths percent. of one Now in terms of the equity trade we had the S &P today higher by around four tenths of one percent. Volume though a little on the light side around ten percent below the thirty day average. We had the Dow picking up just a tenth of one percent. NASDAQ comp picking up about a half of one percent on the day. We'll take another at look market action for you in about fifteen minutes. Thanks Brian. Doug thank you. Moody's investors service has signaled that its confidence is wavering ahead of a potential US government shutdown. We get more from Bloomberg's Kaylee Lyons. They say that the shutdown would underscore the weakness of US institutional governance and strength. The statement goes on to say it would demonstrate the significant constraint that intensifying political polarization continues to put on US fiscal policymaking. And the reason this might sound so familiar is it was just back in August when Fitch downgraded the US credit rating because of governance issues and political dysfunction. Bloomberg's Kaylee Lyons reporting. Moody's stopped short of threatening a downgrade but it did use unusually Moody's latest report which leaves its its US rating unchanged is a sign that debt sustainability and the politics surrounding it will continue to be to be a theme through the remainder of the year. We heard from the CEO of Goldman Sachs today David Solomon. saying He was it would be unprecedented for the economy to go through this type of Fed tightening without a slowdown in growth. Here he is speaking earlier at the American Energy Security Summit in Oklahoma City. I think it's going to be hard to get inflation back to the target and that probably means if inflation is sticky we will see additional interest rate increases and ultimately that probably does lead to a little bit more of a slowdown in the economy. Whether that's a recession or it's just a slowdown you know it's hard to say. That is David Solomon the CEO of Goldman Sachs. You'll remember last week two Fed officials saying least at one more rate hike is possible as the Fed looks to get inflation back to that 2 % target and the today head of the Chicago Fed Austin Goolsbee was saying it's still possible for to avoid recession. Brian? Well Amazon is planning to invest in an AI startup Anthropic. It's the latest move by Amazon to become a major player in generative artificial intelligence. Here's Bloomberg's Alex Webb. Amazon has very much been seen as a laggard in this space. You know Google People obviously got strong AI chops, people barred is their front -facing, forward -facing and everything like chat model and so this potentially beefs up their capabilities in that space which helps them when it comes to the battle for the cloud. Bloomberg's Alex Webb and Amazon stock traded 1 Amazon .7%. is committing one and a quarter billion for the initial investment for a minority position in the startup. The final investment could reach four billion dollars. As part of the deal, Anthropic will move most of its software to Amazon Web Services data centers. It will also use Amazon's chips to train AI models used to power chatbots and other applications. Well, Ford Motor is halting construction on the battery plant in Michigan worth three and a half billion dollars. We have the story from Bloomberg's Pellegrini. Denise The plant drew scrutiny from Republican lawmakers for its ties to a Chinese battery maker. The plan was to license technology from China's contemporary Amperex technology, but some lawmakers accused the company of being affiliated with the Chinese Communist Party. A Ford spokesperson now saying the company is limiting its work and limiting spending on construction for now. It's not clear if the political pressure is the reason for the halt. Ford is also throttling back on ambitious electric vehicle production plans as sales growth slows. This plant would have employed 2 ,500 workers and produced enough batteries to power 400 ,000 electric vehicles a year. Denise Pellegrini, Bloomberg Radio. China and the EU have reached a slew of agreements in areas including macroeconomic policy as well as supply chain cooperation. However, China's Vice Premier He Lifeng expressed strong concern and dissatisfaction over the EU anti -subsidy probe into Chinese electric vehicles. The Vice Premier made these with the EU. The union's chief trade negotiator Valdis We hope that the EU would exercise caution to continue to keep market free and open. We this hope benefits European consumers, benefits Korean local development of Europe and the benefits of global climate change cooperation. Chinese Vice Premier Mayor He Lifeng. Earlier yesterday, Dombrovskis warned China that the EU would be more forceful in upholding fair competition and defending its interests against the country. He or rather He said that China is hoping that the EU would cancel the export restrictions on high -tech goods. The EU launched an anti -subsidy probe into Chinese EVs earlier this month and China's Commerce Ministry has criticized the investigation as a quote naked act of
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1411: Bitcoin Will Hit $1,000,000 By This Date - Max Keiser
"Say goodbye to your credit card rewards. Big -box retailers led by Walmart and Target are pushing for a bill in Congress to take away your hard -earned cash back and travel points to line their pockets. Senate Bill 1838 would enact harmful credit card routing mandates that would end credit card rewards as we know it. If you love your credit card rewards, visit HandsOffMyRewards .com and tell them to oppose credit card routing legislation paid for by the Electronic Payments Coalition. And here's your prescription. I know just the pharmacy to get this filled. Who are you? A pharmacy benefit manager. A middleman your insurer uses to decide which medicines you can get, what you pay, and sometimes even which pharmacy you should go to. Why can't I go to a pharmacy in my neighborhood? Because I make more money when you go to a pharmacy I own. No one should stand between you and your medicine. Visit PHRMA .org slash middleman to learn more. Paid for by pharma. Welcome to the entire crypto fam. This is the number one daily Bitcoin pod. In today's show, Bitcoin price tracks $26 ,500 as Bitcoin speculator supply hits a 12 -year low. Also breaking news, Coinbase secures an AML registration from the Bank of Spain as well as analyst Willy Woo says this enemy of Bitcoin is rearing its ugly head. Once again, we'll also be discussing a classic Bitcoin indicator suggesting a 2024 bull run, says trader who called May 2021 collapse, Dave the Wave. Also, Max Kaiser slams crypto influencer Ben Armstrong, formerly known as BitBoy Crypto, after he raises $80 ,000 in donations to fund his legal campaign. Max says get off the ish coin crack pipe as soon as you can. Max also says that XRP and ETH are both centralized ish. This is why they are both verboten in El Salvador, which virtually means forbidden. I'll also be sharing with you Max Kaiser's one million dollar Bitcoin price prediction as he says Bitcoin will be gold by a factor of 100 X as the altcoins will get shut down and go to zero. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show.
Bloomberg Radio New York - Recording Feed
Fresh update on "u.s. congress" discussed on Bloomberg Radio New York - Recording Feed
"The game gaming manufacturers. We live in a new world. There's a lot of new technologies. We have to kind of see how it impacts how we all work. All right, everybody, that'll do it for Tim and me. Have a good evening, but don't go anywhere. Daybreak Asia starts now. Broadcasting 24 hours a day at Bloomberg.com and the Bloomberg Business Act. This is Bloomberg Radio.This is Bloomberg Daybreak Asia for this Tuesday, September 26th in Hong Kong, Monday, September 25th in New York. And coming up today, Moody's warns of credit risk due to a potential government shutdown. Ford halts construction of a controversial battery plant in Michigan. Amazon is planning to invest up to $4 billion in the A.I. startup Anthropic. U.S. Congress to work continuing resolution to keep the government open. Philippines removes China's South China Sea barrier. Top Politico is getting involved in the UAW strike. I'm Ed Baxter with Global News. A Barcelona star could miss a month and the classic go due to injury. I'm Dan Schwartzman. And I'll have that story and more coming up in Bloomberg Sports. That's all straight ahead on Bloomberg Daybreak Asia, on Bloomberg 1130 New York, Bloomberg 99.1 Washington, D.C., Bloomberg 106.1 Boston, Bloomberg 960 San Francisco, Sirius XM 119 and around the world on Bloomberg Radio dot com and via the Bloomberg Business Act. Hi, everybody. Good morning on this Tuesday here in the Asia Pacific.
The Breakdown
A highlight from Could Oil and a Gov't Shutdown Screw Up Powell's Plans?
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, September 22nd, and today we are talking oil, macro, everything that could throw the economy off. But before we get to that, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link at the show notes or go to bit .ly slash breakdown pod. All right, friends, well, we are sort of continuing the macro story today that we picked up around Powell and the FOMC this week. And one of the questions that Powell was asked was about risks that threatened to knock the economy off course. Two that he mentioned that we're going to spend a little time on today include oil prices and a potential government shutdown. Let's start with oil first. The price of crude oil has steadily increased over the past four months. From a low of around $70 in June, oil reached almost $90 a barrel for the US -based WTI benchmark contract and $95 per barrel and $95 per barrel for international Brent crude earlier this week. The price increase for crude has driven US gas prices back above $3 .80 per gallon, the highest level since last October. Overall, gas prices have ramped up by 20 % since the beginning of the year, according to AAA. Now, there are a number of factors all contributing to steadily increasing oil prices since the June lows. The first is OPEC+. The economic group of oil producing nations led by Saudi Arabia and Russia have recently curbed output. Production cuts, which were agreed to late last year, have been gradually implemented over the past six months. In July, Saudi Arabia voluntarily cut an additional 1 million barrels per day from its production quota, about 10 % of its previous output. Existing production cuts across OPEC have already been extended into next year and analysts expect Saudi Arabia to extend their voluntary cuts until March. On Thursday, Russia further constrained supply by banning the export of diesel and petrol. Russia is one of the world's largest suppliers of diesel alongside their status as producing around 12 % of the global supply of crude oil. The International Energy Agency said last year that Russian refineries produce, quote, roughly double the diesel needed to satisfy domestic demand and typically export half their annual production. Analyst opinions focused on the simplest explanation for the ban, retaliation for sanctions. Henning Gloestien of the Eurasia Group said, Russia wants to inflict pain on Europe and the U .S. and it looks like they're now repeating the playbook from gas and the oil market ahead of the winter months. They're showing that they're not finished using their power over energy markets. The Kremlin said the ban was temporary and aimed at addressing rising energy prices in domestic markets. However, they gave no timeline on when the ban might be lifted. U .S. and European policymakers have largely banned the importation of Russian refined fuel since February, which has required Russian supply to be routed through third party regions including Turkey, North Africa and Latin America. Now, OPEC cuts over the past year were predicated on a weakening demand profile heading into this year. At the time they were announced, recessions were expected across Europe and the U .S. China was an open question with the potential of reopening pushed back in the midst of additional pandemic waves. But since then, the European economy is sputtering along, albeit with dismal manufacturing data out of Germany. The sanctioning of Russian supply has caused European demand to be displaced to other regions with refining capacity, largely India and the Middle East. In the U .S., recession has been continuously pushed off into the future and oil demand is now back at all time highs with no signs of slowing. Although the Chinese economy has hit some turbulence recently, oil demand remains robust. Analysts expect China's oil demand to remain high as Beijing secures strategically important resources. What's more, analysts expect China's oil demand to remain high as Beijing secures strategically important resources in part to mitigate geopolitical risks as well as to shore up its manufacturing and transportation industries. So with oil prices spiking, many are wondering whether the White House will once again intervene in markets using the Strategic Petroleum Reserve. Between November 2021 and September of last year, the White House authorized a number of SPR releases. The final policy saw one million barrels per day provided into the market over six months. A small amount of oil was restocked earlier this year, but the SPR still sits at a little over half its pre -pandemic level. Earlier this week, a headline circulated proclaiming that quote, Biden says depleting SPR is on the table. This was later found to be a hoax with no legitimate source, but it demonstrates how difficult high oil prices could be for the U .S. economy heading into election season. To wit, many saw the SPR release as a political decision rather than an economic decision heading into the 2022 midterms. In the private sector, U .S. oil inventories have recently hit 40 -year lows of 46 -day supply, well below the longer -term average of 65 days. And while August's inflation reports already showed a small uptick due to oil -related prices, the effect is expected to be more profound across this month. Dario Perkins, an economist at T .S. Lombard said, That said, it is important to keep these recent inflationary developments in context. We are not yet in danger of undoing 12 months of solid disinflationary progress, not even close. Others suggested that high oil prices would have a greater impact on growth rather than inflation. Maya Bhandari, head of multi -asset at BNP Paribas Asset Management said, It really impacts the growth side of the Goldilocks equation rather than the inflation side of things over the long term. Theory is that sustained high oil prices begin to eat into disposable income for households alongside higher costs of production for manufacturing and logistics. These combine to reduce growth and potentially tip the economy into recession. Overall, this situation in the oil markets has, to some, many parallels to the liquid natural gas spike in the winter of 2022. Prices in some markets rose more than tenfold, European energy companies scrambled to secure supply at any cost, and multiple firms went bankrupt due to the volatility in markets. This week, Bloomberg reported that the trading arm of French supplier Total Energies has played a major role in bidding up the price of U .S.-based oil. Their source claimed that the firm is paying a premium for physical U .S. barrels, pushing the spread against futures to levels not seen since last November. With all of that said, there are some signs that the oil market is beginning to cool off. On Thursday, Brent crude futures fell to $92 per barrel, which represented the third straight day of price declines, which is the longest streak in almost a month. Warren Patterson, head of Commodity Strategy at ING, said the Fed's hawkish messaging has quote, put some pressure on risk assets, including oil. The dollar index has risen by 0 .8 % since Chair Powell left the podium, a large enough move to weigh on asset markets. Patterson said he still expects Brent crude to move above the $100 mark in the near term, but that he doesn't anticipate the move will be sustainable. So that is the view on oil overall. The thing that I am definitely going to be watching more than anything else is the political dimension of this. We are now entering the period where everything, even more than usual, is going to be completely wrapped up in what it means for the election season. If prices at the pump keep trending up, it seems very likely that the Biden administration will be willing to do what it takes, including SPR releases, to get those prices down. But that's just something we're going to have to keep an eye on. Now what about that other factor that Powell mentioned? Well yes, indeed, my friends, the US government is once again hurtling towards a shutdown after efforts to pass a short term spending bill were scuttled on the House floor on Thursday. House Speaker Kevin McCarthy attempted to marshal Republicans to vote through a package to keep the government funded past the end of September. Closed door negotiations continued late into Wednesday night, but were apparently unconvincing. The bill currently being considered is the $886 billion Defense Appropriations Act. The bill was stifled in the House after five GOP representatives refused to allow debate to begin by voting against a preliminary procedural rule. Democrats also voted against the measure and appeared to taunt Republicans apparently reveling in seeing the GOP's slim majority descend into chaos. Among the Republican dissenters was Marjorie Taylor Greene, who opposed the inclusion of $300 million in funding to the Ukrainian war effort. On Thursday, Politico reported that Pentagon sources have said Ukrainian operations have been exempted from any shutdown, making that part of the dispute rather moot. McCarthy sent House members home on Thursday night to return to Washington on Tuesday. He told reporters after the failed vote, quote, two people flipped, so I got to figure out how to fix that. That wasn't the impression they had given us. Now, this was McCarthy's third attempt at bringing the bill to the House floor. The current proposal on the table is a 31 -day stopgap funding mechanism to forestall a shutdown to begin next weekend. McCarthy remarked on the change in tone in Congress among that extreme element of the Republican Party, stating that, quote, this is a whole new concept of individuals that just want to burn the whole place down. Now, even if a 31 -day stopgap is passed in the House, it seems unlikely to make its way through the Democrat -controlled Senate. The bill includes a 30 percent temporary cut to domestic agencies and immigration law changes, neither of which are likely to get the seal of approval from Dems. Senate Majority Leader Chuck Schumer said instead of decreasing the chance of a shutdown, Speaker McCarthy is actually increasing it by wasting time on extremist proposals that cannot become law in the Senate. House Democrat leader Hakeem Jeffries remarked that the situation was playing out as a, quote, Republican civil war. Now, if it comes to pass, this would be the 11th government shutdown since 1980. The logic is that hard -line positions that don't enjoy support in the Congress can be put directly to the American people by shutting down the government and drawing attention to the impasse. Republican Ralph Norman said last week that, quote, we're going to have a shutdown. We believe in what we're doing. The jury will be the country. Still, the record on government shutdowns doesn't really support that strategy. Not one of the 10 previous shutdowns resulted in the dissenting group extracting concessions. Typically, the American people quickly turn on the party they view as blocking access to government services over a petty squabble. Alex Conant, a Republican strategist, said, This is such a dumb fight because there's no principle that we're standing on here. It's just bad tactics. While the dispute is nominally over excessive government spending, with Republican dissenters pushing for funding to be reduced back to 2022 levels, the underlying problem is, of course, the level of discord within the Republican Party. McCarthy was voted in as House Speaker after a record 15 attempts. The process took four days and frequently descended into a farce. This was only the second time in the post -Civil War era that a House Speaker had failed to be elected on the first attempt. Conant noted the terrible optics of a government shutdown of the Republicans' own making heading into election season, stating that, quote, Biden didn't win because of his political skills and soaring oratory. He won because Republicans blew themselves up with Trump. I'm afraid we're seeing history repeat itself, with the GOP once again helping Biden by shooting themselves in the foot. Of course, never one to shy away from controversy, Trump fanned the flames on Wednesday, posting that, quote, Republicans in Congress can and must defund all aspects of Crooked Joe Biden's weaponized government that refuses to close the border and treats half the country as enemies of the state. He added that, quote, This is also the last chance to defund these political prosecutions against me and other patriots. They failed on the debt limit they must not fail now. Use the power of the person to defend the country. Now, zooming out and trying to get away from the politics of the situation, which obviously is not the focus of this show. The reason that this was brought up at last week's FOMC press conference is that a government shutdown would halt the publication of government data. This would include employment, inflation and growth statistics, which are currently playing a key role in guiding Fed policy. Now, given how much the Fed has said over and over again, their policy is going to be driven by data, presumably not having access to that data would be a fairly big deal. Yet in spite of that, Powell tried to put on a brave face, saying, If there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't be getting some of the data that we would ordinarily get and we would just have to deal with that. Now, by way of some history, the longest ever government shutdown lasted 35 days. The dispute was around funding for the border wall and quickly turned public sentiment against the Trump administration. Republicans controlled both the House and the Senate, but the administration failed to convince their own party to fund the wall. At the time, Democrat Senator Jon Tester called it the most stupid shutdown I have ever seen in my life. However, if this week's display is anything to go by, that 2019 shutdown could soon have some competition for that title. Now, what does this all have to do with the crypto sphere? Well, I think in many ways these are just exemplary of the state of politics in general. And given that, perhaps it's not surprising that former Senator Pat Toomey is not optimistic about the chances of crypto legislation being passed during this Congress. Just prior to retiring from Congress at the beginning of the year, Toomey introduced his own crypto bill, which focused on stablecoin regulations. Now, the House currently has two major crypto bills eligible to be brought for a vote. One would establish a stablecoin framework while the other introduces more broad crypto regulations. While speaking at a Georgetown Law Seminar on Thursday, however, Toomey said, I don't see a path forward in the Senate regardless of how the vote goes in the House. He added that of the two, he sees the stablecoin legislation as having the best shot. The sticking point will likely be Senate Banking Committee Chairman Sherrod Brown. While Brown has been outspoken about the risks of crypto and the need to bring the industry to heel, he has so far remained extremely quiet on exactly what form of legislation would meet his approval. And of course, any crypto legislation would need the support of Democratic senators to pass a vote to become law. Still, during an interview on Thursday, Coinbase Chief Policy Officer Faryar Shirzad said that she thinks that Brown's lack of commitment to a legislative position might actually be a good thing. Shirzad said, Now, last week, Brown wrote a letter to head regulators at multiple agencies urging them to use their existing powers to crack down on non -compliant crypto firms. This of course seems to be the clear intention, at least at the SEC. On Tuesday, the head of that agency's crypto assets and cyber unit, David Hirsch, warned that more enforcement actions would be coming against crypto intermediaries, including DeFi protocols. Still, Toomey, who serves now as an advisor to Coinbase, views stablecoin legislation as the solvable problem. At the moment, Democrats are pushing for the Fed to serve a central role in regulating issuers rather than granting oversight power to state regulators. This preference is believed to be driven by the White House. Toomey said, He thinks that senior Democrats will get on board once the White House is satisfied with the stablecoin proposal. Although that proposal might have to wait until after the election, as Toomey said in the next Congress, I think it's quite possible to get something done.
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 09-22-2023 19:00
"When professional soccer player Marcus Rashford injured his shoulder, he turned to Resil's virtual reality training program to help him maintain his skills and return to the field with confidence. Learn more at meta .com slash metaverse impact. And this is Bloomberg. Stay with us now. Top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. President Biden is joining the United Auto Workers picket line. Biden tweeted that he was going to Michigan Tuesday to stand in solidarity with the workers as the fight for a fair share of the value they helped create. This comes after UAW President Sean Fain announced earlier this week he would send more workers to the picket lines if substantial progress wasn't made with the big three automakers on a new contract. Governor Phil Murphy is calling on New Jersey U .S. Senator Bob Menendez to resign. Menendez was indicted on federal bribery charges that allege he accepted cash, gold bars and gifts in exchange for using his influence to help three businessmen and the Egyptian government. The White House is calling on Congress to do its job and pass legislation to fund the government and avoid a shutdown. House Republicans failed multiple times this week to do their basic duty, keep the government running. Instead, they were pushed to the extremes with increasingly severe cuts to programs Americans rely on. Press Secretary Corrine Jean -Pierre called on House Republicans to abide by the bipartisan funding agreement negotiated by Speaker McCarthy and President Biden. Texas Governor Greg Abbott is deploying more buses to the border towns of Eagle Pass and El Paso.
Tech Path Crypto
A highlight from 1264. Government Shutdown Approaches | Crypto Markets in DANGER!
"All right, so today we're going to dive into the government shutdown. Take a look at how this may affect markets, especially the crypto markets, and of course break down a few charts for you guys at the end. You make sure and stick around for all this good stuff. My name is Paul Bearer. Welcome back in The Tech Path. All right. Before we get started today, I want to thank our sponsor, and that is iTrust Capital, for looking at long term holding. Make sure and jump over to iTrust Capital. You can do everything from Bitcoin, Ethereum, a handful of all coins, but you can also get into gold and silver. All of that is available into your own IRA account, self -directed. All you have to do is click our link down below. It's going to give you a $100 funding reward, and you can go on your journey of setting up your IRA. And it's almost that time of year. We're starting to get into tax planning and all those kind of things. Always consult your CPAs and or your tax advisors for the best advice out there. But check it out. All right. Let's get into a few things. I want to get into the government shutdown first. I've got a couple of clips we'll play for you. We'll get into some charts a little bit later for you as well. I want to go to this first clip, though. This gives you kind of a rundown of what's happening. Here's a refresher. First off, Congress needs to pass 12 appropriation bills annually to give government agencies a budget for the coming fiscal year. If some of those bills pass but others don't, by the deadline, the government enters a partial shutdown. If all 12 appropriations bills aren't passed, the country goes into a full shutdown. Congress has only a handful of working days left to keep the government funded. Speaker Kevin McCarthy says he's willing to keep the House in session on Friday and Saturday if a deal hasn't been reached to avert a government shutdown. However, both of the sides, the House and the Senate, will be off the following Monday in observance of Yom Kippur, continue to jam House Speaker Kevin McCarthy, who's been trying and failing to pass bills to keep the government open with Republican votes only. Do you believe the government is going to shut down? Yes. And it's Kevin McCarthy's fault. Kevin broke this deal. And I intend to hold him to that deal or to hold daily votes on a motion to make. Some members warn an October 1st federal shutdown is increasingly likely, which could rattle the stock market and Americans for a one case. The seven hundred fifty thousand member American Federation of Government Employees has warned members to save up whatever money they can. This isn't happening in a vacuum. It happens when we have a spreading strike of UAW workers and we have a lot of people who are being asked to start paying student loans. So we could be hitting the economy with three things. Three things put together could begin to have a punch. I mean, are we already at more than 50 percent odds of a shutdown? Well, I think so. I think it's more likely than not. It's possible if there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't we wouldn't be getting some of the data that we would ordinarily get. And we you know, we would just have to deal with that. And I don't know, it's hard for me to say in advance how that would affect that meeting. It would depend on all kinds of factors that I don't know about now. But it's certainly a reality that that's a possibility.
Bloomberg Radio New York - Recording Feed
Monitor Show 13:00 09-22-2023 13:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. Anicot Steel loves Blue Horseshoe. Yes, Blue Horseshoe loves Anicot Steel. All right, check out that reference on YouTube. This is Bloomberg. Sound on, Joe Matthew, next. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act, this is Bloomberg Radio. Now from our nation's capital, this is Bloomberg Sound On. We're talking about red and blue division within states. How busy is Donald Trump's legal team going to be? Is the economy stupid? Is that actually what will decide this race? Bloomberg Sound On. Politics, policy and perspective from D .C.'s top names. Federal spending combined with too lax monetary policy has produced this 40 -year high on inflation. China policy is driven basically by domestic politics. American families are finding themselves further behind the eight ball. To get anything done in this Congress, it's going to have to be done in a bipartisan way. Bloomberg Sound On with Joe Matthew on Bloomberg Radio. So hey, where'd everyone go? Welcome to the fastest show in politics as lawmakers head home for an extra long weekend with no plan to fund the government pass next week. We'll talk about the difficult path ahead and whether a shutdown is inevitable. Coming up with Bill Hoagland from the Bipartisan Policy Center, he's with us at the table in just a moment. The United Auto Workers Meantime, expanding strikes, as you've been hearing on Bloomberg against GM and Stellantis, but not Ford. We'll take a look at why and explore how it's playing on the campaign trail.
The Crypto Overnighter
A highlight from 676:GOP vs CBDCs, JPEXs Collapse, and Vivek Ramaswamys Crypto Vow
"Good evening and welcome to The Crypto Overnight -er. I'm Nickademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10 p .m. Pacific on Tuesday, September 21st, 2023. Welcome back to The Crypto Overnight -er. Yes, but we do have the news, so let's talk about that. Tonight, we're diving deep into the House Republicans' latest move against central bank digital currencies. We'll also unpack the turmoil surrounding JPEGs in Hong Kong and what it means for global crypto regulation. GOP presidential hopeful Vivek Ramaswamy has some bold plans for crypto policy, and you'll want to hear them. Meanwhile, the Republic of Korea grapples with a significant offshore crypto stash, and PayPal pushes its stablecoin into Venmo. And don't go away, we have an update on the never -ending Mt. Gox saga. House Republicans advanced a bill opposing U .S. central bank digital currency efforts. The bill, known as the CBDC Anti -Surveillance State Act, aims to prevent the Federal Reserve from issuing a CBDC to individuals. It was introduced by Representative Tom Emmer and has gained the support of 60 members in Congress. The bill has passed the House Financial Services Committee and will next face a congressional vote. Democrats, led by Maxine Waters, criticized the bill. Waters renamed it the CBDC Anti -Innovation Act and argues that it could threaten the U .S. dollar status as the global reserve currency. The bill has also faced scrutiny for its language and its impact on CDBC research. The Federal Reserve has been exploring the possibility of issuing a CDBC, but is not close to developing one. Some conservative politicians, including Florida Governor Ron DeSantis, have taken strong positions against CDBCs. The bill prevents the issuance of a CDBC without an act of Congress. This aligns with the Federal Reserve's stance. The committee rejected amendments to the bill and passed it, recommending it to the full House on a vote of 27 to 20. The advancement of the CBDC Anti -Surveillance State Act is a significant move in the ongoing battle over financial privacy and government control. Emmer's bill is a clear attempt to seize as an overreach by the Biden administration. His concerns about CDBCs turning into surveillance tools echo a broader distrust of government power. Maxine Waters' opposition to the bill highlights a divide not just among politicians, but also in the nation. Her renaming of the bill to the CDBC Anti -Innovation Act suggests that Democrats see CDBCs as a potential innovation, not a threat. However, her stance could be seen as naive, especially when considering the potential for CDBCs to be used for mass surveillance, as is the case in China. The bill's passage to the House Financial Services Committee is a telling sign of the times. It reflects a growing skepticism about the role of centralized financial systems and a preference for decentralized solutions. The rejection of amendments to the bill, especially those that would allow the Federal Reserve to study the Chinese digital yuan, indicates a reluctance to even explore centralized digital currencies. All that said, I don't see it passing. I've said many times that when crypto becomes a left versus right issue, both sides lose. The same thing goes for CDBCs. This bill likely doesn't stand a chance of becoming law because I don't see it passing the Senate. As divided as Congress is, I don't see the two sides putting down their torches and pitchforks long enough to do some good for the country. From lawmakers playing defense against CDBCs in the U .S. to a complete offensive on crypto exchanges in Hong Kong. Next up, the whirlwind around JPEGs. And hey, if you want to stay ahead of such storms, hit that subscribe button.
Mark Levin
Is Biden Working on an Israel-Saudi Arabia ‘Normalization’ Deal?
"Recognize Israel diplomatically now that would be a game -changer no question about it and the truth is had there been a second Trump administration on the heels the of first this would have happened already under the Abraham Accords that a whole bunch of concessions to the Palestinian terrorists and even to the Saudis but the Saudis have said over the last several months if years that they're very interested in pursuing nuclear power even though they have more oil than one can imagine and the Saudi prince told Brett Baer that if the Iranians develop nuclear they will have no choice so I'm sitting here thinking to myself I don't have all the facts I just know what's out there in the media and the fact that I don't have all facts the and you don't have all the facts and Congress doesn't have all the facts demonstrates that Joe Biden has no interest in being transparent about what he's doing you know we have a treaty clause we have all these other obligations ensure to Congress is involved and to ensure that the public knows what's going on it's not left to one man or a group of men who take it upon themselves to cut international deals that's a clear violation of the Constitution which Democrats do you know as often as they breathe I'm truth but thinking to myself isn't that the reason isn't that a motivation for taking out Iran's nuclear system Mr. producer there you have Saudi Arabia Saudi Arabia wants to to pursue nukes there's nothing that can stop them they've talked about making deals with the Communist Chinese they've talked about making deals with the fascistic Vladimir Putin they've talked
Simply Bitcoin
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.
The Financial Guys
A highlight from Growing Unease: Current Administrations Approach to Security and Travel with David Bellavia
"What do you think they're doing with cash, right? What deal do you make where someone says, I'll bring a box of money to you? Yeah. What do you, it's, this is a state sponsor of terrorism. Ladies and gentlemen, distinguished guests and my fellow citizens. America's comeback now. starts right Welcome back Financial Guys podcast. Mike Speraza in studio live today with a guest in the studio. I haven't had this in a long time. Staff Sergeant medal of honor recipient David Bellavia joining me for about a half hour today. David, thank you for joining us. Thank you for having me. I appreciate it. Absolutely. So I'm going to stick based on your background. I'm going to stick with a lot of military stuff today and I want to start, we'll go all the way back to the beginning of the Joe Biden presidency. The Afghanistan withdrawal, in my opinion, did not go very smoothly. I'm sure many people listening agree. What were your overall thoughts of that withdrawal and how it actually ended up happening? I know we lost, you know, sadly lost 13 soldiers in that, in that withdrawal. People say we went off the wrong air base. People say that we shouldn't have gone out in the middle of the summer. There was a lot of different things there. What were your overall thoughts on that? I think it's like the worst day in American history since Market Garden. Just absolutely. And the reason why it was so difficult was it was totally unnecessary. So let's rewind to the Obama trade, Bull Bergdahl and the three first round draft picks. They get Marshall, they get MacArthur and they get Patton that end up the resurgence of the Taliban. These men not just go back to the enemy, they go back to the battlefield. They're in power when the government falls. You have misinformation coming from the White House that the president of Afghanistan is leaving with billions of dollars on his plane, which wasn't true. And then you leave the equipment, the cash. There's no recovery. We're getting reports of sales of American equipment left in Afghanistan in Southeast Asia. We're moving material across the globe. Our children will fight and pay and have to atone for these miscalculations. Let's talk about that. You being in the military and you knowing that area too, why did they just find it the easiest way out to just say, you know, just leave that billion dollar billions of dollars of equipment there and not think, again, if it was me and I'm speaking that someone that's never been in the military, but if it's me and I'm the president, I'm thinking, OK, I don't want to leave all our weaponry there. I don't want to lose any of my men. Number two. And number three, I want to make sure that everybody knows when and how we're getting out of there. And it just felt like poof. One day they said we're getting out of here. Well, it's because the military didn't make any of those decisions. I mean, look, Millie, it can criticize him. You can criticize Secretary of Defense worthy of criticism. However, none of these individuals are making decisions. This is about NGOs on the ground. This is about the State Department. So you've got Bagram Air Base, the equivalent of JFK. You've got Karzai International Airport, the equivalent of Teterboro. Right. Why would you ever do an exfil out of Karzai International Airport? It makes absolutely no sense. It's tactically unsound. But and then you've got all the ISIS -K. We retaliate from the murder of 13 of our bravest and we drop a bomb on a guy delivering water. He's on our payroll and we kill children on that. Then we take out Borat on a tuk tuk driving around like that wasn't even really what was happening. It's just a den of lies. And Tony Blinken and Jake Sullivan, all the heroes that brought us, you know, the Bergdahl deal, the Iran nuke deal. This is these. They the State Department is running all foreign policy, including what the DOD used to run. Well, that's I was going to say. I mean, I know Biden's the president, but do you blame him at all or is it everybody underneath him that, you know, maybe was giving him bad information? And again, some of these decisions, David, is Biden even involved in some of these decisions? Like, I don't even know anymore. Is he around? Is he paying attention to anything going on? Well, I mean, just from the press conferences, it was apparent he didn't know what was going on. And the great irony is that they actually were predicting that Ukraine was going to be invaded and, you know, no one believed them. So it's like you can't influence your friends. The allies don't trust you. The enemy doesn't respect you. You know, I mean, you've got Ben Rhodes is really proud of this State Department. Susan Rice loves what they're doing. But, you know, again, Americans died. And, you know, and what is the perfect culmination of the adventure in Afghanistan? Looking at your watch at Dover Air Base when bodies are coming home. I mean, nothing could you couldn't ask for a just it's it's a debacle. Yeah. And it's sad that that's that's the leader of our country there. Let's move in. You brought up the Ukraine there. So the Russia Ukraine conflict will get to Zelensky in a minute. He is as we speak in New York City right now. But so Trump's in office. We don't see many of these conflicts or any conflicts actually started under his watch. And then we have the Biden administration come in. And a year later, we have Russia invading Ukraine. Why did this happen and why? Why the timing of February of 2022? So let's go back to when we were fighting ISIS. Trump engaged and destroyed estimated some say 300 members of Wagner forces. But those were Russian nationals. We engaged. We destroyed them. What was the response from Putin? Nothing at all. So what do people in that section of the world, Eastern Europe, the Middle East, what do they respect? They respect power. They respect authority. You're not going to get any respect if you don't engage the enemy when they present themselves. I don't understand the calculus of again, I'm trying hard to figure it out. I don't get it. I don't. You know, Romania and Hungary and Poland, you're letting them unilaterally decide whether or not they want to send reinforcements into Ukraine. That's an act of war. If NATO members engage the enemy, all of NATO is engaged against the enemy. Poland doesn't unilaterally make that decision. Hungary and Romania don't unilaterally make that decision. We can't even articulate what the mission is. And if you look, go to the Institute for the Study of War, there's a plug for them. Check out their overlay from when the battle started, when the war started with Russia. And tell me what success this offensive in Ukraine has produced. I mean, let me ask this question, because I get confused. The answer is nothing. I asked this on Twitter, X, whatever it's called, all the time. What is the end game and how do we get there? Because all I see the answer is, hey, just blank checks. Hey, just write a check. Hey, here's a billion. Hey, here's 20 billion. Hey, here's another 10 billion. I don't actually see a look. I mean, like anything, right? If I write a business plan of what I want to do in 2024, my goal is X. I write down my steps to get X. I don't just write down X and say it's going to happen. I don't really know. And then the answer always is, well, we have to fight. We have to back Ukraine. Okay. But when does that end? Because the Afghanistan war and the war in Iraq lasted 20 years plus, right? And was there a real end to it? I don't know. That's where it gets frustrating for me, Dave, where I'm like, how do we know what the end game is? Do you win or lose? When does that happen? I don't know. I don't know. At least you're thinking about it. And I have fear that our leaders aren't, and that's the problem. So here's what this comes out. You're going to get a negotiated settlement out of Ukraine, right? But you talked about the billions of dollars that we're spending and giving to Ukraine as a blank check. First of all, Zelensky visited Ukrainian soldiers in the United States. Did you know that there were wounded Ukrainian soldiers in the United States? I did not know that. Well, today he visited them. So what's happening there? So that's a cost that no one is putting on the ledger. So now let's look at the blank check that Ukraine is getting. And by the way, I'm pro Ukraine. I want to fight communists all day and night. So let's punch Putin hard in the face. However, you're giving them a blank check and you're giving them munitions. Now here's the problem. We have to replace those munitions. Those munitions were purchased for 20 year global war and terror. And let's be honest, inflation is involved. So what you purchased for $10 is now $17. So you're not just giving them the money. You're giving them the equipment and the munitions that you have to replace yourself at the value of what is valued today. We haven't scratched the surface for the amount of money. CBO absent at the wheel. No one is tracking this. 2024 can't get here fast enough. How does this work, though, when you talk about some of these NATO nations coming together and making decisions, but us not just giving weaponry, giving everything money, whatever we're giving there? Is that not an act of war, too, though, David, at some point? We're continuing to fund Ukraine continuing the war in Ukraine. I mean, that to me seems like we're backing a war. Well, I mean, by the letter of the law and NATO charter, it's not. But here's the problem. It's schizophrenic because we were told that what was an offensive weapon was going to mitigate, you know, that wasn't going to help peace at all. So we went from, I don't know if they should get tracked vehicles to I'm not sure an artillery piece is what they need to high Mars rockets being launched. And let's be honest. I mean, the Ukrainians are I mean, the payload that they're going through, what you would have to have cataclysmic casualty numbers to be able to to the spandex that they're doing on the ground that they need to replace Patriot. If you're going through thirty five Patriot to, you know, missiles, I would expect to at least the C 20 makes that are shot down. They're using them for air artillery. They're using there for indirect fire. I don't know what they're doing, but this is going to end with Don Boss going to Russia. This is going to end with that land chain that Putin wanted through Crimea. And again, our friends in NATO, what are they even doing for Ukraine? What? Look, if you they said that Trump wanted to kill NATO, Biden did it. Right. Biden did it. And now Germany. And so Putin was selling oil at thirty dollars a barrel. What's it at ninety six? Yeah. He's making more money than he did before. And he's financing a war and killing innocent people. You mentioned before, too, and I think this is a good point. Everybody on the left and I'll say the media, the establishment, whoever you want to say, says that if you don't agree with the war in Ukraine, you're like pro Putin. Right. And that's just the most outrageous thing in the world, because I agree with you. I feel for the people of Ukraine. I don't want this for them. I don't want this for innocent people. However, at some point, the world's every every one of the world's problems can't be America's problem when we have a border crisis. And then I think they said yesterday ten thousand people came across. They got, I think, eight thousand of the ten thousand. But you see the numbers day over day. It's a problem. We have crime that's rampant. We have overdoses that are at record numbers. We have we have suicides at record numbers. At some point, we have to maybe just think about ourselves and not everybody else, because if we fall, sadly, I think the world falls at that point. Amen. The thing that I would add is I love the way the Ukraine refugee has been crowbarred into the migrant crisis in the United States. New York leaders from the city to all over Kathy Hochul, the governor of the state of New York, mentioning that, you know, like the Ukrainians in Poland, the the Polish have no intention to keep Ukrainians forever. That's a temporary you know, they're leaving a conflict to return to their country after the conflict is over. Again, this is just we're we're putting a round peg into a square hole and just hammering it away. But but there's no the media. There's you're our destroying military. I go to parents all the time around this country and ask them to give us their sons and daughters to join the military. And the one thing they bring up is Afghanistan. It's not about anything. It's Afghanistan. How are you going to assure us that you're going to maintain your commitment to our son and daughter when you betrayed us in Afghanistan that has lasting effects? And there's not a I'm trying to find a segment of our of our of our nation that's functioning. I don't know what it is. I saw in Chicago, they're going to have municipally owned grocery stores. Maybe that will figure it out there. Yeah, yeah, it's good. Real quick, do you think and we'll finish up on this topic, but do you think that they will we will ever have boots in the ground on Ukraine? I mean, I hope not, because I just don't know what the I mean, look at I'm I'm we're getting ready for China. We're trying to revolutionize everything. I don't know what the what the plan is. I mean, again, if you want to put a base in Ukraine, and you want to make that a sustainment operation going forward, that I here's the point. I don't understand what the inactive ready reserve call up was for. Why are you bringing those troops in the non combat support? Why are they going to Ukraine? What are you building infrastructure there? Here's what I do know. We're talking a minimum of $11 trillion to build Ukraine back. That is cataclysmic amounts of money. There isn't water, electricity, internet, you know, you want to help Ukraine. You're going to Russia is not paying for that if you negotiate a settlement. So I don't know what the plan is. But I hope we never see boots on the ground. I could guess what the plan is. I won't I won't say for sure. But I could guess that we'll be paying a chunk of that. And I do have one last one. So I did interview Colonel Douglas McGregor a few months back. And he talked about he's a real optimist. But he is really very, very bullish on Ukraine. Yes, very, very optimistic. I'm dropping some all over the place. But he brought up some staggering numbers, though. And even if they're half true, it's a problem. The amount of casualties and wounded soldiers on the Ukrainian side that we're not hearing about the media. I don't know if you agree with some of those numbers or not. But he's saying, I mean, it's people are acting as if this is an even war right now. And it's not even close. First of all, McGregor's a stud. I mean, he's an absolute, you know, that we're glad he's on our side. He's a military mind. I don't know if those numbers are accurate. I could tell you they're juxtaposed to almost everything we're hearing from every institution that we have, including a lot of our intel from Germany and England. But again, I don't know what to believe. So when you don't have when you don't have transparency, when you're not holding regular press conferences, when your Pentagon spokesman is now working in the White House and now you're getting a triple spin. I mean, the U .S. Open double backspin. You've gotten so many spins on the narrative. I don't know what to believe. But if he is even close to what is a segment of truth, you know, then look, Ukraine needs an investigation. There's a lot of investigations. We've got to start on Afghanistan. We were promised that by Speaker McCarthy. We need a hot wash on Afghanistan. And then we need to go to what who is oversighting the money that's going to Ukraine. And what have we got for our return on investment? Yeah, I'm not asking for much. Really, all I'm asking for in this conflict is can we just talk about what the end game is? And to your point, can we get an accounting of where the money's going and what's being spent in a real accounting of it? The Iran deal that just happened last week. First off, the fact that that was negotiated and completed on 11th September to me is just the ultimate slap in the face. But you again, you know more about this than I do. We do a five for five trade. OK, I'm going to use sports analogies. We trade five for five. And then we also approved of six billion dollars that apparently wasn't ours, but it was in a fund that now they can release to Iran. How are we winning on that one? Well, first of all, I was hoping that at least it was a digital transfer. The fact that it went as euros in cash through Qatar. And OK, so what happens the 24 hours after that deal is made? We're now getting issues in the West Bank. We're now hearing about issues in Yemen. We've now got Hezbollah that's reinforced. I mean, look, what do you think they're doing with cash? Right. What deal do you make where someone says, I'll bring a box of money to you? What do you it's this is a state sponsor of terrorism. They haven't changed. By the way, their president is now in New York City addressing the United Nations. This guy's killed 6500 of his own people. He admits to it. He killed the students that revolted and wanted democracy when we did nothing. He killed 5000 of his citizens in 1988. He's killed over 300 Americans. There's no accountability whatsoever. I don't understand what it is about Jake Sullivan and Tony Blinken that believe that Iran is a partner. All you've done 10 years ago, they were refining 10 percent of their oil. And now they're a force. Now they're working with Maduro in Venezuela, and they're a huge part of their members of of the international community. They're in good standing there. I don't get it. Does anyone believe that the Iran nuke deal? Look, we got hit with cruise missiles under Trump in Iraq. How did they have those cruise missiles? Those cruise missiles were illegal under the Obama nuke deal. So how are you refurbishing missiles in two years? Do we believe that their centrifuges have stopped? That they won't have a program if they don't have one already? No, I mean, I guess my question, David, is how I mean, I know that you pay a lot of attention to this stuff, but how do people like in the media not ask these questions? Right. I mean, these are legitimate. I mean, we just traded to I put this on my notes here. This is on the heels of trading a WNBA basketball player for the Merchant of Death like six months ago. Right. I mean, and again, I'm glad Americans are coming back to America. I don't want to sound pessimistic on that. That's great news. But we also I mean, this this stuff just seems like I don't care what side of the aisle you're on. It warrants questions, but nobody seems to care. I'm in the world that if you take hostages, we take hostages. You want to exchange people? We'll exchange people. You know, we definitely have the partners in the area to do that. For whatever reason, this administration, they're they're they're contrarians. They're contrarians to you know, they claim Bush and Cheney are their best friends, yet they just go 180 degrees from that doctrine. I don't know what the Biden doctrine is. I don't know what Bidenonomics is either, but I could tell you that they believe that Iran is a partner. Now, here's another thing. Our envoy to Iran not only is no longer the envoy, he doesn't have a security clearance. Does anyone curious at The New York Times as to what happened to the lead negotiator in Iran that is escorted off a bus, taken into American custody, given a job at Yale or Princeton or wherever he's working now? I've never heard of a person going from top secret classified negotiations to no clearance whatsoever and in the custody of American intelligence community. No one cares. No one cares at all. It's fascinating. And again, for me, I mean, these are big decisions that we're making. And correct me if I'm wrong, but it used to be, you know, maybe we did a two for five deal and then we made the six billion. Now we're like, we're giving stuff away and we're on the losing end. Correct me if I'm wrong, but America was never, you know, America losing. It was always America winning, right? America getting the best of deals. At least McDonald's has a five for five. We didn't even get that. You know what this does though? Honest to God, if you're thinking about traveling overseas, things go sideways, cartel, South America, Mexico, wherever you're going, you have a price in your head now. No one in their right mind is going to bring you back whether it's Haiti or wherever you are, you're worth $1 .25 billion. And thugs and scumbags are going to take advantage of that. I mean, that's a great point too. Do you think about leaving the country? I don't know anymore. That's a little bit concerning. I don't care where you're going, right? That's concerning. This one I just had to bring up because it happened two days ago or yesterday. How do we lose a plane? And I heard that's like a third one in the last six weeks that something like this has happened. How are we losing $80 million planes? Well, they're not $80 million anymore because they've got a new engine and all this other stuff. Look, the F -35 program is a complete disaster. You want to talk about why our allies think we're crazy. We sold them a plane. This program has been around since the early 90s and we've got nothing on return for it. So basically two planes are flying in a buddy team. They're doing training and a guy punches out. We don't even know why he punched out, but that plane could have easily hit a building. It didn't, thank God. But the wingman didn't follow where his buddy went. So what is he doing? He just kind of went on and did his own thing. And now the Marine Corps put a Facebook post like a dog is missing. We're expecting the Ukrainian farmers to carry the F -35 out with their tractors. I don't know what the point of it's wild. Look, stop embarrassing us. Just stop humiliating us. That's all I'm asking. Just be the army and the Marine Corps that we know our men and women are capable of being. Get out of their way. This gender garbage, this social experiment nonsense, stop humiliating our military. That's all I ask. Why can we not get the... I mean, I know why we can't get the answer, but I'm asking this to you. But why can't we, at a press conference at the White House, why can't we say, I want to talk to the guy that was in the other plane, or you can tell us the transcript of what happened when that happened. Talk to the guy who jumped out of the plane. Why did you do that? And again, I'm not trying to put our military on the spot, but these are kind of big questions to ask, right? I mean, if I do something in my business, I have to go face the music on that. Why doesn't everybody have to face music for their decisions or why things are happening? I think it's kind of important. Well, you don't want to talk to generals because they're going to tell you the truth and they won't be generals anymore. True. And you don't want to talk to enlisted people. Because look, I mean, let's be honest. How many people are... Is this a merit -based military anymore? Do we have a meritocracy? Are we promoting people based on pronouns? Go figure. When we're putting politics above military strength, accidents happen. We don't know the facts, but the fact that nobody cares about getting to the bottom of it, the day of the Pentagon paper reporters are gone. Yep. Yep. Let's just talk about the 2024 race quick, and then we will wrap up for today. So your thoughts on the Republican primary so far, I'll stay away from the Democratic side till the very end, but your thoughts on, you know, there's obviously Trump who is now in a, has a huge lead. Ron DeSantis seems to be crumbling underneath himself. Vivek Ramaswamy has jumped up in the polls. Nikki Haley's there. Tim Scott's there. A few others that probably aren't going to get a lot of votes. Chris Christie's the anti -Trump candidate. Mike Pence is, I don't know what Mike Pence is. I'm not really sure. Your thoughts about the whole field so far? I mean, look, it's impressive. They've got a deep bench. There's a lot of diversity. I, you know, none of it matters. Trump is the guy. The more you indict him, the more you empower him. You know, I'd like him to work on his communications a little bit better. You know, but if Trump is Trump, Trump is a Frankenstein monster of Barack Obama. As long as you have that faction, you're going to get, you know, Trump is going to be empowered. I just don't want to see Governor Noem anywhere near the White House. And I, if he's going to pick a running mate, you know, it's hard to find an ally here, you know. But it would be nice to find a governor. I don't want to take anyone from the Senate. I don't want to take anyone from the House with the margins that tight. But I mean, the idea that Governor Noem is being floated right now. I mean, I'd rather take North Dakota. Yeah. A little sled there. You know, it's funny you mentioned that because I saw a lot of that this weekend. I mean, can we just, for lack of a better term, keep it in our pants for about a year and then do what you got to do? It really is. I mean, every time you turn, somebody's doing something idiotic, whether it's Boebert. And again, I say this, David, a lot of people know who you are. A lot more know who you are than they'll ever know who I am. But when you go out in public into a movie theater like that, and I'm going to Boebert, not Noem for a second, you're, you're extremely well known. I don't care if it's dark or if it's as light as it is in the studio right now. What are you thinking? I, you know, she's, she's, she's an embarrassment. She is. She's bad, too. Who would have thought that Marjorie Taylor Greene would have been the, the oasis of the Maryland? I mean, seriously, I, again, you're, you're in Congress every day. You're out in public, you're on the job. You know, at least she wasn't wearing a hoodie, you know, that's all in shorts. She was at least dressed for the occasion, but I, it was, it's wildly embarrassing. Vaping, singing, whatever you're doing. Getting groped. Yes. Who is your VP candidate then? Because I think, you know, you have names thrown around. There's, there's, the vague has been thrown around in there. You know, Byron Donald's has been thrown around in there. Carrie Lake has. I don't know. I love Carrie Lake. I just don't know that Trump needs to go with somebody so divisive there. I think he's got to go with somebody that's, that's firm in their beliefs, but also not maybe going to turn off half the country. Well, you know, it's, it's impossible. One of the, one of the problems with making Trump, you know, the, the enemy of the state that the left has done is that you've really made it difficult for him to even put a cabinet together. You know, I mean, what are you going to do with it? You've got a lot of loyalists out there. You know, the vague is, is I think maybe the most intelligent dynamic candidate we've ever seen run for president, but experience does matter. But you know, I love the way he thinks. I love the movement. I don't know if he would even take the job to be honest with it. I don't think he needs it. But you look at a Tim Scott, I think Tim Scott is, you know, there's a whole lot to his message and I think he's, he's got the experience in the Senate, but honestly, you could literally take the Clint Eastwood chair and, and throw it in there as vice president. I'm going with that because this, this from top to bottom, we have to have seismic change in 24. Do you think he would ever choose Kristi Noem at this point with all that now? Yeah, no one knew Mike Pence was a, was a 24 hour story and then he was the vice president candidate. So who knows? I mean, a lot can happen between now and then, but I just, I don't need, you know, let's just pick people on their merit. Let's pick people that are ready to be the president. Imagine this, imagine picking a vice president that can lead the country. If something happens to a 75 year old president, you know, like Kamala Harris. Yeah. Someone like that.
The Charlie Kirk Show
A highlight from The Democrat Party Hates America with Mark Levin and Julie Kelly
"Hey, feeling unsure about your finances these days? You're not alone. That's why Noble Gold Investments is here to help. Just hear it straight from the people who they've helped. The Noble crew walked me through everything with no stress. With their help, I could finally sleep easy at night. And now this month, Noble Gold Investments is handing out a free 5 -ounce silver America the Beautiful coin if you qualify for an IRA. Invest in gold and silver with Noble Gold Investments. Go to noblegoldinvestments .com right now. That is noblegoldinvestments .com right now. Hey everybody, it's time for The Charlie Kirk Show. The great one, Mark Levin joins the program about his new book, The Democrat Party Hates America. You should all purchase a copy. And then Julie Kelly joins us to react. Merrick Garland, January 6th, and Ray Epps. Email us as always, freedom at charliekirk .com. Subscribe to our podcast, open up your podcast application, and type in charliekirkshow and get involved with Turning Point USA, the nation's most important student movement at tpusa .com. That is tpusa .com. Start a high school or college chapter today at tpusa .com. That is tpusa .com. Buckle up everybody, here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campus. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth ever created, Turning Point USA. We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Brought to you by the loan experts I trust, Andrew and Todd at Sierra Pacific Mortgage at andrewandtodd .com. Joining us now is the great one, Mark Levin. Mark, thank you for taking the time. I have to say your book right here, The Democrat Party Hates America, is a noteworthy, remarkable, and impressive accomplishment, Mark. The footnotes alone could be its own book. Mark, congratulations, and please introduce the book to our audience. First of all, thank you, Charlie, for all your support all the time. You're a beacon of liberty out there, my brother. Thank you. Well, I decided to put the title in this book when I finished it. Let's look around today, even before we get into any history background on The Democrat Party Hates America. You look at the border. You look at our value of our currency. You look at what's going on in our classrooms. You look what's going on in our courtrooms. You look what's going on with the price of fuel, and soon to be the elimination of the combustion engine. You look at what's going on in the streets, particularly in our inner cities, where people are being mugged, raped, and brutalized, and murdered with very little consequence. And I can go on and on and on. This is the news that we're faced with almost every day. This is what you, Charlie, and I have to deal with almost every day when we talk about it. This is what the American people see every day. Well, these aren't natural disasters. Somebody's causing all these things to happen. So who's causing all these things to happen? It's man -made. Who are these men? What's the Democrat Party behind every single one of these? And when you go back in history, the Democrat Party has never accepted America and Americanism. It's never accepted the Declaration of Independence. It doesn't even accept it today. Never accepts the Constitution. It is rewriting our history about our founding. It's done this before. So we have a party that was the party of the Confederacy, the party of slavery, the party of segregation, the party of eugenics, the party of the Klan, the party of lynching. And all of a sudden it keeps attacking the American history. That's their history. It's not America's history. It's their history. And then today, of course, they are also attacking America. But like good chameleons, they've shifted the way they do it. So whereas they used to be the party of anti -black racism, now they're the party of anti -white racism. Why? Because they don't like white people. Well, many of these are white people. Because they're Marxists. So in order to attack the race founding of the nation, which was founded largely by white people and Europeans, you need to attack that. So you have the 1690 project, you have critical race theory, you have monuments being pulled down, you have all these things going on. Because the goal now is to destroy the connection of the American people with their history, the destruction of the American culture, and so forth and so on. So you got to look at the Democrat Party through the lens of power, their power. Because the Democrat Party, Charlie, is not a typical political party. It's an autocratic entity that doesn't seek to win elections. It seeks to control elections, control the outcome of elections, to diminish the viability of any opposition parties or any opposition of any kind. And so this book gets very deep into the history, as you know. It's very hard to do an interview or answer an interview on this book because it is so comprehensive. It is comprehensive. It is. Yeah. And I've spent a lot of time, Mark, flipping through it. I want to just isolate one sentence that I think is super powerful. Page 23 of the Democrat Party Hates America. The Democrat Party has evolved into an anti -American political and cultural entity. It's an institutional home for the Marxist ideology in its Americanized forms. Mark, part of the challenge I have with people that have a muscle memory of a past that no longer exists, 1980s, 1990s, it's hard, Mark, for some people I talk to for them to believe that the leading American political party that controls the White House and the United States Senate and all the bureaucracies has contempt for the country they govern. That's why I think your book is so important, Mark. It really challenges limiting beliefs. You do it in a fabulous way. But I want to just isolate. This is a party that has bitterness towards what you and I love. This is no longer a policy debate. We want different things. Mark Levin. 100 percent. I'd always amazes when people say to me, well, can't we get something going here? The bipartisan. I don't know. Should we have done something bipartisan with the Confederacy? Some things are right and some things are wrong. When people are, as they say, they use the phrase fundamentally transforming America. Shouldn't we believe them? When one of the leading Democrat lights in the Democrat Party is a Marxist by the name of Bernie Sanders, shouldn't we understand that? When 10 to 15 percent of the Democrat caucus in the House of Representatives are Marxists, shouldn't we accept that and have to deal with it? So what I've tried to do in this book is rather than deal with the ephemeral or the ambiguous, it's to put a label on it. American Marxism sort of set the stage. But the fact of the matter is we have a political entity, which is more than a party. It's your typical autocratic party that wants to do what? That wants to devour this society. That wants to replace the country. They want allegiance to the party, not to the country. They don't give a damn about the country. Your fuel prices, the open border, elections. They have a fourth branch of government that they've created with some help of Republicans, but it's their government, which issues more regulations and laws than Congress ever could. We don't even have a representative republic anymore. You and I, we're not asking members of Congress to eliminate the incandescent light bulb because apparently it kills people. They're going through our homes. They're eliminating all kinds of appliances. Any government that has the power to eliminate a light bulb has no limits on its power. And so what this party does is every waking hour of its leadership is to try and destroy the status quo, destroy our traditions, destroy our customs, destroy real law and order, particularly in our communities, as they empower and centralize the police state. If people want to really understand... Let me just say this to you, Charlie. There was a great review done by Thomas Lifson of the American Thinker, founder of the American Thinker.
Thinking Crypto News & Interviews
A highlight from SEC GARY GENSLER TO BE GRILLED ON CRYPTO SOON! NYDFS BLACKLIST RIPPLE XRP & DOGECOIN, CBDC PRIVACY ISSUES
"Welcome back to the thinking crypto podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify, Apple or Google, please leave a five star rating and review it supports the podcast and it doesn't cost you anything. Well, folks, quick news about the Fed right now, they are pausing rate hikes, but we know they are leaving the option on the table to be able to raise rates again. And we know these rate hikes and the fight against inflation does have an impact on the markets. Now, Bitcoin and the crypto market, of course, have rallied from the lows of December 2022. And we are obviously not going to new all time highs right now, but it's certainly a bounce off the lows. So I've been saying we're in that transition phase between the bear and the bull market. And next year is the halving. And I think the bull market officially starts then. But we'll see how the Fed's news has an impact on the markets. Look, the Fed, they've been raising rates all this year and the markets have been going up. So let's see what they decide to do historically, based on the charts and all the data. When they start cutting is when we need to kind of worry during that period. And once they start quantitative easing, guys, global liquidity will come back and asset prices will continue to rally. So short term, a lot of uncertainty, maybe a little bit more pain, but long term, we are headed back to the bull market. The bull runs just we are in this tightening period and we have to be patient and go through it. And then we will be back in good times, as they would say. Now let's move ahead, because the date is set, folks, September twenty seventh, corrupt scumbag regulator Gary Gensler will be testifying before the House Financial Committee. And it will be, of course, a much less friendly venue than what he experienced with the banking GOP, as we're going to see the folks who oversee the SEC, the House Financial Committee, you know, really put down the hammer on Gary Gensler and grill him like they did last time. Remember the last time Patrick McHenry and many of these members gave him laser pointed questions. Is he theorem of security? Is XRP a security rate? I'm very curious how they're going to grill him this time, because obviously he took a big loss. The SEC and Gary Gensler took a big loss in the ripple lawsuit. They also lost the grayscale. The judge recently shut down their ability to do any discovery with Binance U .S. So the judicial branch and the courts and so forth are not putting up with the lies, corruption and hypocrisy of the SEC. They abide by the law. So Gary Gensler and the SEC have not been trying to abide by the law. Remember what Judge Sarah Netburn said in the ripple lawsuit. The SEC lacks faithful allegiance to the law. Imagine being a government agency that's supposed to have integrity, that's supposed to protect investors and be the good guys. You are being told you don't abide by the law. And this is what I've been saying for years. The SEC is rotten at its core. It's fallen far from its core mission. And not to mention the Bill Hinman situation and a theorem free pass and much more. So mark your calendars, folks. Gary Gensler is going to be grilled and it's going to be 10 a .m. on Wednesday, September 27 to next Wednesday. And we shall see how that goes. I'm sure there's going to be fireworks. Now here's something that's very funny. Brad Garlinghouse, CEO of Ripple, him and his team, his legal team were in D .C. He said they were meeting with members of Congress and their global policy team were trying to figure out regulations. And he said, can't get regulatory clarity without actually engaging with the elected officials who are proposing bills. He also posted a picture of him and Stuart Allerani, chief legal officer, in front of the SEC building with their hands up like, yeah, you know, we had to take a picture in front of the SEC building while in town. In case you're wondering, no, Chair Gensler did not invite us in. I love it. Very, very funny. So, you know, Gary Gensler is a clown. Everybody's laughing at him now. He's such a buffoon. And, you know, I've said it many times, he's a puppet on strings. He's doing the bidding of the TradFi incumbents, which is sad, right? Just corrupt. You're supposed to be protecting investors, having a fair free market, you know, whether it be startups, new industries and so forth. Just looking to protect investors, not doing the bidding of the TradFi giants. And you know, we'll see how this once again, this hearing goes on the 27th. Now quick word from our sponsor, and that is Uphold, which makes crypto investing easy. I've been using Uphold since 2018. I've interviewed their CEO and many folks on this platform so I can vouch for them. They have 10 plus million users, 250 plus cryptocurrencies, and they're available in 150 countries. You can also trade precious metals and 37 national fiat currencies, and you can easily swap between them. So that makes this platform very unique. If you'd like to learn more about Uphold, please visit the link in the description. All right, folks, we got some attack coming from the New York crypto regulators really removing Dogecoin, XRP and Litecoin off their token green list.
Discussions of Truth
A highlight from OUTCAST by Gloria Giorno
"Seek and Destroy that has been the theme of discussions of truth now for well I'm in my seventh season here and we started the show on Wynwood radio in Miami 2016 is when I agreed to do the show with them aired the first episode January of 2017 this is Ian Trottier here and today we are going to start talking if you are not familiar with the name Charlotte Iserbit she passed away about a year and a half ago she's a former advisor to the Department of Education under Ronald Reagan her story is very interesting and captivating because she talks about having received a list of these Skull and Bones members via mail that was sent to her father who was a Skull and Bones member at Yale and Anthony Sutton was hot on that trail so two names that you should familiarize yourself with and that is Charlotte Charlotte's work and that is the deliberate dumbing down of America she talks about the invasion of the American education system and that having been formalized under Jimmy Carter back in 1979 Department of Education so she talks about that through her book and then also what I was talking about was Anthony Sutton calling her being hot basically on the trail of dissecting the corruption that is it's really manipulation because Ella Hugh Yale was a major stockholder a main president of the British East Indies trading company that is a Rothschild controlled trading company and the Rothschild funded the American Revolution so I may be off here ladies and gentlemen but if you look at the flag that was flown above the John Paul Jones excuse me the USS Alfred commandeered by John Paul Jones on the Delaware that basically started the American Revolution that flag is basically identical to the British East Indies company flag and then that you trace that and you go back to Cambridge Massachusetts and something called the flag committee which is Continental Congress approved Washington Franklin adopted what became the first flag of the United what became known as the United States and that was the US Grand Union flag which as being designed by Betsy Ross that is the US Grand Union flag which is identical to the British East Indies company flag because that is where the financing came to fund Washington's army and then you ask well wait a second that's English and well yeah this it is English but it's not English because London the city of London is not technically part of England it is its own banking it's sovereign nation a Roman banking colony still in existence these are all facts and you can cross -check them but anyway so seek and destroy corruption that is how I that is that is how I theme my discussions my conversations my talks it's what I do in Trottier with discussions truth today we're gonna talk about the Department of Education rather the state of the education system in the United States so quickly before we bring the guests on we'll be we'll be talking to Gloria Giorno and her son Stevie and getting their view as conservatives what it's been like for Stevie to go through I think it's Belmont University as a conservative so without further ado thanks for tuning in for the podcast on and we're bringing on Gloria and Stevie right now calling Laurie and Stevie this is Ian Trottier for Discussions of Truth Gloria hi nice to meet meet you and welcome to Discussions of Truth I've looked at some of the work that you're you've excellent hi Stevie so thanks for for joining the the the show and please give listeners an introduction to who you are Gloria you can start tell listeners who you are what you what you do and then and then Stevie you can do the same please I try to destroy a young conservative and I also did a nonprofit the name of it is United Women Foundation what we do is mentor employ aid and young conservative women who are in Stevie's situation and we also give out scholarships to conservatives who are not in need of a scholarship but who are conservatives and who are promoting the conservative agenda in their lives thank you Gloria and that's United Women Foundation calm I'll go ahead and put a link to that in the episode Stevie go ahead and introduce yourself for us please well thank you very much for having us on my name is Stevie Giorno and I serve as the chairman of the Tennessee Young Republicans and I am the former student body president at Belmont University where I was attacked by the radical left for being proud of my country and being proud to be an American on the 4th of July in 2020 during the as a mother for protecting your your family and your country I've looked at the website I've looked a little bit about both of you and what's interesting is you have been you've come my way and your stories come my way through a contact there in Florida and your Stevie your story is daughter went through something very similar and in her university classes but Stevie go ahead and tell us a little bit about about what you experienced you were the student body president at Belmont University yet you were attacked for your political views isn't that right picture of myself in front of the White House and I captioned it that I was proud to be an American and I thanked those who had sacrificed and served so that we may have the freedoms and liberties that our forefathers intended for us and within 24 hours my fraternity was blackmailing me threatening to label me a racist and remove me from the fraternity there were hundreds of comments on my Instagram post and there were hundreds of signatures on a change .org petition that sought to remove me as the duly elected student body president even though I was elected unanimously with almost 99 98 % of the vote and so it was really bad that students friends of mine my fraternity brothers wanted to attack me because I was proud to be from this country you know my grandparents escaped from communism in Yugoslavia and my mother lived there for a year so I've heard the first -hand horrors of what happens in a communist country and I fear that our country is headed that way every single day. Now what's interesting is one of the articles that I that I went through briefly was is written by Campus Reform it's published on an online newsletter called Campus Reform and one of the stories that they have today actually talks about glorifying Che you Guevara know this is a this is a socialist figure that that helped with the with the cubist Cuban communist revolution and Fidel Castro you're you're talking about your family having come from communist Yugoslavia are you seeing are you seeing Stevie in in in in your experience on on campus now I don't know what you're doing now maybe you graduated you can bring us up to date with where you at right now but are you seeing some of these same the same signs that that perhaps your mother or your grandparents were talking about that were that were red flags for for communism growing within the country are you seeing that experiencing that I do and I think unfortunately it is getting worse specifically at Belmont University they refused the school is refusing to allow a turning point USA chapter on campus I think it it's it's it's awful it's an infringement on our First Amendment right to freedom of speech and freedom of belief to protest to assemble and so it's really unfortunate what's going on with with colleges and universities I graduated in the spring of 2021 but I have heard of the horror stories happening at private Christian schools so -called Christian schools happening across the country and until students and parents and grandparents begin to see what is happening you know the first step to solving a problem is acknowledging it exists and it's there and it's not going to get better until enough conservative students and parents realize that they need to stop funding the indoctrination machines of universities and change course well it's very brave of you to say that glory I want want to get your your view and and and I want to first first say this I opened this show up before I brought you on with talking about somebody named Charlotte Iserbyt and I'm happy to send you her link to her book it's called the deliberate dumbing down of America what she did was she started dissecting what was happening under the Reagan administration with the attack on the indoctrination that we're seeing fruits of today a few decades later but Gloria did you did you ever expect or suspect that something like this might happen to your son I I he gets into college were there any anything anything happening up to that time where he's now the student body president of Belmont University anything before that that you were that you questioned well you know hey they he might he might need to defend himself or was this a complete surprise to you it was a complete surprise there was absolutely nothing the handbook the literature the online documentation about Belmont University everything fit a conservative Christian agenda there was nothing I mean personally I think it's a bait and switch but there was absolutely nothing I was friends with some of the professors who are conservatives at Belmont or who were conservatives at Belmont and we had spoken for two years before Stevie made the decision to go there and no there was not any kind of indication that anything like this would happen now we would never allowed our son to want to go to a school where he would have been threatened for his beliefs I mean he had been working for Republican candidates since he was 17 years old so it was out in the open it's on his LinkedIn it's public so no I mean we we were told on every tour we were told at every meeting that this was a fully free campus there would be no harassment it was Christian it was conservative and I read the handbook and Stevie followed all the guidelines when these things did start to occur he did follow all the guidelines he followed all the rules he turned everything into administration and they did nothing absolutely nothing and Stevie yeah go ahead to this day they have not responded in any way shape or form nothing and this has been three years now so you have not gotten a formal response from the school administration Stevie you're simply in DC taking a photograph outside the White House expressing your gratitude for the country and the values that it stands for did you ever suspect this type of backlash coming from the because he knew that if he spoke out against them that they would send him to a camp where he'd never be heard from again and really that whole year of 2020 was either you agree with everything we're saying you endorse the BLM organization but we're gonna do everything we can to destroy you and in fact because Tennessee is a single -party consent state that means you can record conversations with only one person knowing I did record those conversations with my fraternity which my mom put into her book and in those conversations my fellow friends my fraternity brothers say if you do not apologize for your post if you do not endorse this group we're gonna do whatever it takes to destroy you and your career and your reputation so it's a more mild form of what happens in communist countries but because these students were not held accountable it is only going to get worse and worse and it did I mean there was one instance where a female student who worked at a fast -food restaurant I would go to for my breakfast in the mornings she admitted in the official College Democrat group text that she was putting quote gross stuff in my drinks every single day because I was a an awful conservative who loved this country and one endorsed the BLM organization and the school guess what the school did when I turned her in what did they do they accepted her into Belmont law school you gotta be kidding me I'm serious 100 % she was rewarded for attacking a political opponent and I think that's dangerous as we see what's going on with President Trump he is being attacked because he's leading in the polls and it's truly unfortunate that we're becoming a banana republic yeah did the did she make you sick with whatever she put in the drinks and we couldn't even get the Nashville police who are unfortunately very short staff due to the liberal City Council and the liberal mayor at the time unfortunately they were they were unable to investigate it because I was perfectly fine thankfully but they said since there was no lasting issues that they refused to investigate and then the school accepted this girl into law school with full knowledge of everything she had done struck so it it shows the systemic problem we're having and imagine if this is happening in a conservative Christian private university in Nashville Tennessee one of the most conservative states imagine what's going on in all 49 other states we don't have the ability to record conversations and to take screenshots of texts and emails and and have such transparency I mean it's terrifying to think what's happening in these other colleges yeah very well said Stevie tell us about that book and tell us about how tell us about how it's been received my husband and I we want to speak out on this we want people to know I need parents and grandparents to know what their children and yes very teen but there still are children what they face and what they are up against when they go away to school we need for parents to fight back we need for parents to take a stand if 40 % of students stopped attending their respective universities you know that the agenda at universities with administration would change so we as conservatives we have that title of being silent majority because usually we are silent well Stevie and I wanted to change that hence the book I use I feel that the book is an educational tool for parents learn from what happened to my son learn from the experience that we've had we went to this university many times it's not far from our home we investigated it we knew people who worked there who taught there and never once did we feel that it was going to be a threat to our son and look what happened so whatever you're seeing I dread to think what's going on at public schools I just dread but I want parents to learn learn read the book you'll see everything is documented in there as my son said fortunately we're able to record and we're able to use everything for information but we need for parents to be more active in their students and their children's educations even when they are at college because they are all indoctrination facilities I did live in a communist country I went to first grade in Zagreb which was then Yugoslavia in 1972 and I can tell you that on my way to school my walk to school every morning I had 1 ,000 US dollars in my backpack I knew if civil unrest broke out at the age of six I knew how to get out of Yugoslavia get into a cab that was waiting for me at the end of the hill and that cab driver would take me to the border of Yugoslavia in Italy where one of my aunts would meet me and my parents would come when they were able I also knew the police officer on the corner he wasn't there for me he wasn't there to make sure that I'd be safe or anybody else he was definitely there to protect the communist regime and Josip Tito who was the dictator at the time and the parallels that I saw with what I experienced living in a communist country and what my son endured at Belmont University it's there if it's clear as day and I want to enlighten everyone who wants to hear from me I want all parents to know this is happening in our country now too we are being silenced and shut down the title of the book folks is outcast how the radical left tried to destroy a young conservative and that is Stevie so Stevie was this a the attack on you was this coming from the BLM movement at Belmont University or in Nashville have you identified the nucleus of where this attack came from okay so let me ask you a broader question we saw during the Trump Tifa uprisings mainly Seattle Portland but obviously across the country Chicago New York but that coincided with this this COVID -19 virus outbreak as a as a university student you've now graduated but Stevie were you were you drawing any parallels to either of these things happening during the Trump administration that seemingly linked to a communist revolt within the country does that making sense were you able to draw any connect any dots Stevie we know from history that it usually doesn't work that way and the government's gonna keep taking more and more of our rights and when you couple that with what is happening what did happen in 2020 with with the riots and people getting away with committing crimes to where if you and I or anyone else who was a conservative did burn down a courthouse like they did in Nashville or protest and kill innocent people in the streets we would go to jail however because they were advancing a political movement that the liberal district attorneys in big cities supported they were let go and they were not punished like they should have been like we would have been so the hypocrisy is terrible I think it does parallel communism to where you know if you remember the black shirts Mussolini's black shirts taking control of the Italian government because they were the advancing political agenda and movement that the powers that be wanted them to they were able to harass and intimidate people into supporting them and I fear that our country is going that way and we need people to stand up now if we're ever hoping to take back our country and get it back on the right track and under control Gloria the book is recently published it looks like it was just published last month and you've got us forward by Sam Sorbo how's the reception of the book been so far what are people saying who have you spoke to about it how is it being received lot Gloria a of media outlets that are reaching out to us I'm being asked to speak almost on a daily basis different organizations different groups Stevie and I have traveled to a lot of different states throughout the country and we will continue to be touring and we are I have started a conversation and parents are now extending that conversation with their friends and that is the goal we need to start with one person talking to another and now the growth has been exponential it's incredible the book is selling very well it's available on Amazon and wherever books are sold but from what I have witnessed and the calls I am getting yes it is and I mean if we as conservatives don't speak up we're gonna be done this is it and if America Falls there is nowhere else to go and our children are being indoctrinated I don't care what level of schooling it's that they're being indoctrinated on every single level and if parents do not set a strong foundation in the household when the child is born and continue that throughout a child's life when they go to college always we will not be America any longer so the book is being well received I do have parents who have reached out to me and who have asked me questions likewise I do have some haters but that's how I know I'm making a difference because the hate is there as well yeah absolutely well said it's like when you went once you're censored you know that you're putting up the correct information on the online right Stevie are you concentrating on any particular campuses as you tour the country you point of a Christian organization and unfortunately they they canceled the meeting that was going to happen at Belmont and so been trying to help the students out there at Belmont but really I think the key thing is getting in front of as many young people as possible who are conservative and letting them know that they're not alone that the hardships they're going through have happened before and they're gonna happen again and we've got to stand up tall for what we believe in and we can't be scared of people saying mean things about us or what people put on social media or what they may say to us we've got to stand up for what we believe in if there's any chance of saving our country thank you very much let me ask you this question Gloria as we as we wind down and then I want to give each of you an opportunity to leave listeners with some final words and thoughts but Gloria as somebody who's lived in a communist country and it sounded like you did at least one year schooling their first grade what's happening right now to the border of your country what's happening down there they believe they have freedom and to an extent they do and I equate it to when I speak I speak to a lot of young people because young people are what United Women Foundation is mostly about and so when I speak I they look at me very oddly when I tell my story but what I have found that works very well is I bring up a lion at a zoo and he's in a zoo he's caged his needs are met he has food he has shelter he has water he has medical attention and it's all for free but he is still in that cage but he is able to roam in that cage correct and then we have the next picture a lion picture lion in Wyoming in Montana anywhere in this country roaming freely that lion bends for himself he finds his own food he finds his own shelter he finds his own water he takes care of himself that lion is independent to me that is the difference that is the bottom line that is the difference between communism and America that is the difference between our constitution is that lion that is roaming free throughout this country and that's what we are right now so that is something that I think resonates with young people and I I believe that putting it in a perspective of a picture like that they are beginning to understand a little bit I hope at least I mean I don't know right now what I'm seeing is a lot of people have said we cannot have an opinion because we have not experienced it which truly breaks my heart my family in Croatia thinks that they are free in effect my family basically is a caged lion yeah incredible and and let me review what is happening right now at the southern border in in the U .S.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Championing Crypto Causes and the Latest DeFi Breach With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Wednesday, September 20th, 2023, and this is Markets Daily from Coindesk. My name is Noelle Acheson, Coindesk collaborator and author of The Crypto's Macro Now newsletter on Substack. On today's show, we're talking about crypto activism and another DeFi hack. And just a reminder, Coindesk is a new source and does not provide investment advice. Now, a markets roundup. Crypto assets were mixed today. At 10 a .m. Eastern time, Bitcoin was up almost eight -tenths of a percent over the past 24 hours, trading at $27 ,164. Ether, on the other hand, was down four -tenths of trading at $1 ,631. Ether's underperformance could be a market reaction to a series of reports from blockchain sleuths of large transfers of the asset to exchanges. While it is hard to know exactly what is behind on -chain movements, the reports could be enough to spook some investors into getting out ahead of what might be potential sell pressure. Meanwhile, Bitcoin trading volume continues to fall. A report from K33 Research published yesterday shows that Bitcoin spot volumes dropped a further 8 % over the past seven days. This has been driven largely by sharp declines in activity on Binance, the world's largest crypto exchange in terms of trading volume. The seven -day spot volume average on Binance is down 57 % since the beginning of the month. Most other exchanges are flat over the same period, with Coinbase registering a 9 % increase. It remains to be seen where the volumes leaving Binance will end up, if anywhere. Much of the drop could be from more liquidity providers leaving the platform in the face of intensifying legal pressure on the exchange from US regulators. This is likely to have a further dampening effect on liquidity, which could further delay the entrance of large investors. Institutions generally need a certain amount of liquidity to be assured that their orders won't unduly distort the market, and that they could exit easily if necessary. In traditional markets, US stocks are heading up this morning as traders brace for the FOMC rates decision later today. The S &P 500 was up over 0 .3%, the Nasdaq up 0 .2%, and the Dow Jones up almost 0 .5%. While the market is pricing at a pause, attention is now focusing on the likelihood of another hike before the end of the year. CME futures show odds swinging in favour of no more hikes this year, implying that the peak is already in. This would be good news for stocks which are already looking ahead to the likely timing of rate cuts. The bond market, however, is signalling that it expects US rates to be higher for longer. This morning, the yield on the 10 -year US Treasury reached its highest point since 2007. The updated FOMC summary of economic projections due to be published today should shed some light on the Fed's expectations for rate cuts next year. In Europe, the FTSE 100 jumped this morning on news that UK inflation came in lower than expected. The year -on -year increase for August was 6 .7%, notably better than the consensus forecast of 7%, and the lowest level in 18 months. Tomorrow, we hear from the Bank of England as to the outlook for UK interest rates. Odds for another hike tomorrow have dropped to below 60 % after being an almost sure thing just a few days ago. Earlier this morning, the FTSE 100 and the German DAX index were up almost 0 .09%, while the Euro stock 600 was up just over 1%. In Asia, Japan's Nikkei index was down almost 0 .07%, as data out earlier today showed the country's exports dropping for the second consecutive month. In China, the Shanghai Composite fell more than 0 .5 % after Chinese banks left their benchmark loan prime rates unchanged in line with the central bank's oil prices finally seem to be taking a breather, with the Brent crude benchmark down almost 1 .5 % over the past 24 hours, trading at $94 a barrel. This comes as Goldman Sachs raised its forecast for crude to $100 a barrel, citing strong consumption coupled with production cuts. Gold saw a sharp bounce this morning, with the price jumping over 0 .5 % in half an hour, trading as high as $1 ,943 per ounce. This has led to speculation of a large buyer entering the market. It could also be a reaction to a decline today in the DXY dollar index. Stay tuned. After the break, we'll take a look at investor trust in DeFi platforms and efforts to mobilize crypto Meet voters. the all new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned modular trading interface. So head to pro .kraken .com and trade like a pro. Welcome back. In this section, we're going to look at crypto activism. But first, another DeFi attack hits crypto. This morning, decentralized trading protocol Balancer said that its web front end was suffering from an exploit and urged users not to interact with the website. According to data platform DeFi Llama, Balancer has a total value locked of about $700 million, making it the fourth largest decentralized exchange. The attack comes roughly a month after Balancer warned the public about an unrelated vulnerability in the protocol's pools. On -chain data show that, so far, over 200 ,000 has been stolen in this exploit. This is not a large amount by crypto hack standards, but it is significant in that it could further weaken investor trust in DeFi platforms. Crypto exploits have caused losses of over $1 billion so far this year, according to blockchain security firm Certik. Recent hacks have highlighted that there are many potential vectors of vulnerability. It's not just the core application code. This further complicates DeFi utility for investors looking for yield, especially given the high yield available now in traditional markets with much lower risk. On a more uplifting note, Coinbase is rallying grassroots activism. Yesterday, the crypto exchange published a blog post urging crypto's 52 million users, according to the company, to call their congressman. The company's Stand with Crypto Alliance will be organizing events across nine states. Coinbase is also launching a paid media campaign that aims to show how powerful the crypto lobby can be. On December 27th, Stand with Crypto Day will convene entrepreneurs and developers from around the country in Washington DC to meet with government officials. And the platform has also launched an app to make it super easy for users to reach the right people in Congress. This could have an impact. After all, if only 10 % of the reported 52 million users make a call, that's a lot of collective phone time. It should also send a strong signal that crypto users have political opinions and that pro -innovation candidates are likely to win their support as the US elections approach. That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noa Latcheson for Coindesk. We're back tomorrow with more market news and insight.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Championing Crypto Causes and the Latest DeFi Breach With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Wednesday, September 20th, 2023, and this is Markets Daily from Coindesk. My name is Noelle Acheson, Coindesk collaborator and author of The Crypto's Macro Now newsletter on Substack. On today's show, we're talking about crypto activism and another DeFi hack. And just a reminder, Coindesk is a new source and does not provide investment advice. Now, a markets roundup. Crypto assets were mixed today. At 10 a .m. Eastern time, Bitcoin was up almost eight -tenths of a percent over the past 24 hours, trading at $27 ,164. Ether, on the other hand, was down four -tenths of trading at $1 ,631. Ether's underperformance could be a market reaction to a series of reports from blockchain sleuths of large transfers of the asset to exchanges. While it is hard to know exactly what is behind on -chain movements, the reports could be enough to spook some investors into getting out ahead of what might be potential sell pressure. Meanwhile, Bitcoin trading volume continues to fall. A report from K33 Research published yesterday shows that Bitcoin spot volumes dropped a further 8 % over the past seven days. This has been driven largely by sharp declines in activity on Binance, the world's largest crypto exchange in terms of trading volume. The seven -day spot volume average on Binance is down 57 % since the beginning of the month. Most other exchanges are flat over the same period, with Coinbase registering a 9 % increase. It remains to be seen where the volumes leaving Binance will end up, if anywhere. Much of the drop could be from more liquidity providers leaving the platform in the face of intensifying legal pressure on the exchange from US regulators. This is likely to have a further dampening effect on liquidity, which could further delay the entrance of large investors. Institutions generally need a certain amount of liquidity to be assured that their orders won't unduly distort the market, and that they could exit easily if necessary. In traditional markets, US stocks are heading up this morning as traders brace for the FOMC rates decision later today. The S &P 500 was up over 0 .3%, the Nasdaq up 0 .2%, and the Dow Jones up almost 0 .5%. While the market is pricing at a pause, attention is now focusing on the likelihood of another hike before the end of the year. CME futures show odds swinging in favour of no more hikes this year, implying that the peak is already in. This would be good news for stocks which are already looking ahead to the likely timing of rate cuts. The bond market, however, is signalling that it expects US rates to be higher for longer. This morning, the yield on the 10 -year US Treasury reached its highest point since 2007. The updated FOMC summary of economic projections due to be published today should shed some light on the Fed's expectations for rate cuts next year. In Europe, the FTSE 100 jumped this morning on news that UK inflation came in lower than expected. The year -on -year increase for August was 6 .7%, notably better than the consensus forecast of 7%, and the lowest level in 18 months. Tomorrow, we hear from the Bank of England as to the outlook for UK interest rates. Odds for another hike tomorrow have dropped to below 60 % after being an almost sure thing just a few days ago. Earlier this morning, the FTSE 100 and the German DAX index were up almost 0 .09%, while the Euro stock 600 was up just over 1%. In Asia, Japan's Nikkei index was down almost 0 .07%, as data out earlier today showed the country's exports dropping for the second consecutive month. In China, the Shanghai Composite fell more than 0 .5 % after Chinese banks left their benchmark loan prime rates unchanged in line with the central bank's oil prices finally seem to be taking a breather, with the Brent crude benchmark down almost 1 .5 % over the past 24 hours, trading at $94 a barrel. This comes as Goldman Sachs raised its forecast for crude to $100 a barrel, citing strong consumption coupled with production cuts. Gold saw a sharp bounce this morning, with the price jumping over 0 .5 % in half an hour, trading as high as $1 ,943 per ounce. This has led to speculation of a large buyer entering the market. It could also be a reaction to a decline today in the DXY dollar index. Stay tuned. After the break, we'll take a look at investor trust in DeFi platforms and efforts to mobilize crypto Meet voters. the all new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned modular trading interface. So head to pro .kraken .com and trade like a pro. Welcome back. In this section, we're going to look at crypto activism. But first, another DeFi attack hits crypto. This morning, decentralized trading protocol Balancer said that its web front end was suffering from an exploit and urged users not to interact with the website. According to data platform DeFi Llama, Balancer has a total value locked of about $700 million, making it the fourth largest decentralized exchange. The attack comes roughly a month after Balancer warned the public about an unrelated vulnerability in the protocol's pools. On -chain data show that, so far, over 200 ,000 has been stolen in this exploit. This is not a large amount by crypto hack standards, but it is significant in that it could further weaken investor trust in DeFi platforms. Crypto exploits have caused losses of over $1 billion so far this year, according to blockchain security firm Certik. Recent hacks have highlighted that there are many potential vectors of vulnerability. It's not just the core application code. This further complicates DeFi utility for investors looking for yield, especially given the high yield available now in traditional markets with much lower risk. On a more uplifting note, Coinbase is rallying grassroots activism. Yesterday, the crypto exchange published a blog post urging crypto's 52 million users, according to the company, to call their congressman. The company's Stand with Crypto Alliance will be organizing events across nine states. Coinbase is also launching a paid media campaign that aims to show how powerful the crypto lobby can be. On December 27th, Stand with Crypto Day will convene entrepreneurs and developers from around the country in Washington DC to meet with government officials. And the platform has also launched an app to make it super easy for users to reach the right people in Congress. This could have an impact. After all, if only 10 % of the reported 52 million users make a call, that's a lot of collective phone time. It should also send a strong signal that crypto users have political opinions and that pro -innovation candidates are likely to win their support as the US elections approach. That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us and if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso with executive production by Jared Schwartz. I'm Noa Latcheson for Coindesk. We're back tomorrow with more market news and insight.
Mike Gallagher Podcast
A highlight from Abortion Remarks From Gavin Newsom & Trump Creating Tons Of Controversy
"This is your source for breaking news and what to make of it all. This is the Mike Gallagher Show. Did you guys hear the U .S. Senate just eliminated its dress code because you got this guy from Pennsylvania who's got a lot of problems, I mean let's just be honest. This push from the UAW for a four day work week, do you see that as the future of labor in the U .S.? I happen to believe that as a nation we should begin a serious discussion about substantially lowering the work week. Now from the ReliefFactor .com studios, here's Mike Gallagher. We have a lot to keep up with a missing F -35 fighter jet that was found finally in North Charleston, South Carolina. You got all kinds of controversies involving President Trump in some of his interviews. You have the slaughter of a police, a deputy sheriff in Los Angeles, they caught the guy. A lot of breaking news, a lot of stories about the illegal immigration crisis in America. Lost in a lot of the headlines was the Speaker of the House, Kevin McCarthy, taking a bit of a pot shot at Ron DeSantis. It came during an interview over the weekend that he gave to Maria Bartiromo on Fox Business. I want you to hear this clip because I didn't catch this until last night. I was intrigued by this because all of us have to be very careful as this presidential election process plays out. As I've said over and over again, if you're a never -Trumper, what are you going to do if Trump's the nominee? If you're only in for Ron DeSantis and you hate Trump and Trump is going to be the nominee for the presidential race, what are you going to do? You're going to support Joe Biden? You're going to back a Democrat? How's that going to play out for you? I think the same standard has to apply to members of Congress, certainly members of Republican Party leadership like Kevin McCarthy. Now, I think he's pretty effective. I think he's been doing a good job and he's got a mess on his hands with this potential looming government shutdown. It's like herding cats trying to keep the various members of the caucus happy. Listen to what he said to Maria Bartiromo, though, about DeSantis and Trump. What's your take on this, that as we see more indictments of Donald Trump, he seems to be gaining in terms of popularity with the public? Will he be the nominee? I think he will be the nominee. The thing is, President Trump is stronger today than he was in 2016 or 2020. And there's a reason why they saw the policies of what he was able to do with America, putting America first, making our economy stronger. We didn't have inflation. We didn't have these battles around the world. We didn't look weak around the world. Well, it looks like Ron DeSantis is now trying to work with your colleagues who are pushing for a shutdown. Yeah, but I don't think that would work anywhere. A shutdown would only give strength to the Democrats. It would give the power to Biden. It wouldn't pay our troops. It wouldn't pay our border agents. More people would be coming across. I actually want to achieve something. And this is where President Trump is so smart that he was successful in this. You know, President Trump is beating Biden right now in the polls. Yeah, we have the poll. Let's show it. He's stronger than he has ever been in this process. And look, I served with Ron DeSantis. He's not at the same level as President Trump by any shape or form. He would not have gotten elected without President Trump's endorsement. And so I believe our best step forward, pass our appropriation bills. So we're stronger. Take the wokeism out, secure our border to make America stronger. Wow. I don't think that was on my I didn't have that on my radar. Does that surprise you that Kevin McCarthy is all in for Donald Trump? So I think to be fair and to be consistent, I have to say I have to apply the same standard to Speaker McCarthy, because if DeSantis becomes the nominee, they're going to have a bit of a bumpy relationship. Now, Ron DeSantis heard about Kevin McCarthy's position and responded as well. This is Ron DeSantis answering a question from a reporter regarding Speaker McCarthy's full -fledged endorsement of Donald Trump. Well, look, I would say I mean, I think that if you look at what's happened with D .C. Republicans, they worked very closely. You know, look, Donald Trump, he supported Kevin McCarthy very strongly for speaker. I don't think he would have won the speaker vote. Donald Trump was instrumental in him earning that speaker's gavel. And they worked hand in glove really throughout his whole presidency. They were on the same team on every major spending bill that came down the pike. And they ended up together adding seven point eight trillion dollars to our national debt. Never in a four year period has that much been added than what they did together. And so he said that we're different. We are different because in Florida we run budget surpluses. We've paid down almost 25 percent of our state's debt just since I've been governor. All the debt, all the way up for all of Florida's history, we've knocked off almost 25 percent of it. So it's a much different approach to where we're doing it right. We have the number one rated economy in the country. We've cut taxes. We've expanded school choice. And we've delivered in a way that has made the state sustainable.
Mark Levin
Rep. Ken Buck Eyes CNN Job While Criticizing Biden Impeachment Inquiry
"The probe launched last week in a Biden's alleged corruption including with a September 15 Washington Post op -ed that other Republicans said included glaring inaccuracies. Buck said privately last month that he was interested in a job at CNN. The source told The Post. After he weighed other options over the past year including joining a DC -based law firm or seeking Biden's nomination to the Federal Trade Commission. I guess he's gotten close to the Biden administration because he wants things. Buck 64 confirmed to The Post he's exploring his options and said it would be great to join CNN. That other head case, Kingsley, was CNN producer MSNBC one of them. Buck said in a phone interview quote I'm interested that recently. news organizations, I don't want to call them left, but sort of left center and having an opportunity to do that full time or do that as a contributor would be great Buck said in a phone interview. Congressman called back later in the day to say that he'd also expressed interest in a position of right -leaning Fox News or Newsmax. It didn't want to give you the impression that I've only talked to folks at CNN on the left. I've also talked to others about this and Buck represents a vast rural district that spans the entire eastern border of the Rocky Mountain State and said Tuesday it was unclear if he will leave office this Congress, Fox next Congress or whatever. I'd vote his ass out. If he's not sure he wants to represent you, then you should be sure that you don't want him to represent you because obviously his interests elsewhere. In my personal view, just my opinion is affecting his outlook. I want to say
Simply Bitcoin
A highlight from BREAKING: Bitcoin Ban Gathers Momentum in the US | EP 827
"It's all going to zero against Bitcoin, it's going up for everyone, you're against Bitcoin, you're against freedom. Yo, welcome to Simply Bitcoin Live, we're your number one source for the peaceful Bitcoin revolution, core breaking news, culture, and matic warfare. We will be your guide through the separation of money and state. We got a lot of comments starting off basically saying click bait title ugh, someone else said FUD, no, not at all, not at all, especially if you guys, Denver Hoddle said FUD, no, not at all. If you guys have been tuned into this channel, we've been like surgically covering all the moves by the Biden administration, the moves by the anti -Bitcoin senator, Senator Elizabeth Warren, and yet they don't like Bitcoin, they don't want it to succeed. Bitcoin succeeding would mean that they would lose their privilege of being able to create money for free that everyone else has to work for. I think the worst thing that Bitcoiners could do is think that Bitcoin's going to win by default, right? This is an adoption race, this is about getting the people around you to understand and to wake up to the fact that it's not left versus right. It is green, the party of green versus the party of orange, the party of state currency, the party of central bank digital currencies, the party of inflation, the party of nihilism, the party of slavery versus the party of Bitcoin versus the party of orange versus the party of freedom, Bitcoin, prosperity, opportunity, optimism. So, yeah, it's not BS at all. And today we're going to cover the fact that Senator Elizabeth Warren's bill, so -called the Digital Assets Anti -Money Laundering Act, got nine new sponsors. This is a bipartisan bill. This is a Republican and Democrat bill that's being pushed in Congress, in the Senate specifically, that Pierre Richard would literally, literally said this is not simply Bitcoin or Nico's wording. He literally tweeted, if this bill passed, if this bill would pass, this bill would ban Bitcoin mining in the United States. And I would even make the case that the bill would basically ban Bitcoin in the United States. And that's exactly what the bill was designed to do. Make no mistake. So, yeah, you can like, you know, push it aside and say this is FUD, you know, this is you know, this is this is bullshit. This is a clickbait title. This is the separation of money and state. Take it seriously. There's a lot of vested interest that it's not convenient for them if Bitcoin wins. They want you under a central bank digital currency. They want to control what you think and what you say and what you do. And one of the most effective mechanisms to do that is by controlling money. If you control the money, you control the incentive structure. That's exactly what the whole social credit system is all about. Right in China. So, you know, if you talk against the state, you know, they take a percentage of your money right out of your paycheck. They don't allow you to travel. They don't allow you to sign your kids up to certain schools. That is a forcing function. And that is no longer theoretical. This has happened in the West already. I feel like people have just forgotten about the Canadian truckers protest. They literally froze people's bank accounts because they were protesting the government because of the lockdowns.
The Crypto Overnighter
"u.s. congress" Discussed on The Crypto Overnighter
"He expressed this sentiment on live television, and in doing so, he emphasized that many of the world's major currencies, including the US dollar, the euro, and the yen, are already digital. Gensler's statements were made following the SEC's announcement of the lawsuits against Binance and Coinbase. During his appearance, Gensler addressed the public directly. He took the operations of the trading platforms. He pointed out the blending of the various functions in their operations, contrasting it with traditional finance, where, for instance, the New York Stock Exchange does not also run a hedge fund or engage in market -making activities. In the specific case of Binance, Gensler mentioned accusations of having a sister organization flood the platform with washed trading transactions. This accusation, among others, mirrors previous charges laid against FTX and Alameda Research. Those charges included the blending of money and customer assets, misuse of customer funds, and possible manipulation of the market for native tokens. So we've heard this song before. Gensler said the lawsuits against Coinbase and Binance were not sudden, but the result of extensive investigative work. He said that building a case like this, as detailed in a 136 page complaint, takes time and involves thorough, meticulous investigation. Coinbase and Binance have been in conflict with U .S. regulators for a significant period of time. Gensler claims that he and his colleagues have attempted dialogues with these platforms and many others to encourage regulatory compliance. However, he said the industry is constructed on a business model of non -compliance with U .S. securities laws, thus leading to a cat -and -mouse dynamic between regulators and these platforms. Oh Gensler, SEC's masked marauder, fighting for the good of… well, that's up for debate. Regulation by enforcement, you say? It's more like banning by enforcement. And I don't call it beneficial. No, this is the kind of thing where innovation gets stifled, where financial freedom gets locked in the cellar and the key gets thrown away. You've got Gensler standing there, atop the SEC's ivory tower, complaining we don't need more digital currency.
The Crypto Overnighter
"u.s. congress" Discussed on The Crypto Overnighter
"According to Romero, many crypto firms have attempted to replicate unregulated business models or market structures within the regulated environment. However, CBOE has taken a different approach by actively addressing concerns related to risk and implementing risk mitigating measures. The collaboration between CBOE, the CFTC staff, and Romero's office has facilitated constructive engagement and ensured compliance with regulatory standards. From regulatory approvals to bankruptcy proceedings, let's move on to the ongoing saga of Genesis. The mediation session between Genesis and its creditors was initially scheduled to end in May. This has been extended to June 16 by U .S. Bankruptcy Court Judge Sean Lane. This decision came during a bankruptcy hearing held on Monday. The extension was prompted by growing concerns regarding the possible role of Genesis's parent company, the Digital Currency Group. There are concerns about their role in the financial restructuring of the lender. These concerns led to the prolongation of the mediation session. Earlier in the year, negotiations between Genesis and its creditors fell through. Following this, on May 1, Judge Lane assigned a mediator to oversee the proceedings. Judge Lane emphasized the complexity of bankruptcy discussions. He said that a multitude of different types of conversations need to occur. He added that it's impossible to negotiate everything simultaneously. This underscores the challenges inherent to such proceedings. However, not all parties were pleased with the decision to extend the mediation session. Some of Genesis's creditors, including Gemini, expressed their dissatisfaction with the judge's decision. Genesis filed for bankruptcy in the Southern District Court of New York back in January. Lawyers representing Gemini argued that prolonging negotiations could potentially worsen the situation for those most adversely impacted by the bankruptcy. Genesis stopped its operations in November following the multi -billion dollar failure of one of its borrowers, specifically the cryptocurrency exchange, FTX. In response, Gemini halted withdrawals from accounts tied to its crypto lending product, Gemini Earn. Customers of Gemini Earn have also experienced negative effects due to Genesis's financial situation. They voiced their objections during the hearing. They expressed their discontent with the judge's decision to extend the mediation period. As we navigate the complexities of bankruptcy proceedings, let's shift our focus to the legislative sphere where cryptocurrency taxation is under scrutiny. U .S. Congressmen Brad Sherman and Stephen Lynch have written to the heads of the Treasury and Internal Revenue Service pushing for the introduction of tax regulations for the They address their letter to the Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel. In that letter, they express their concerns about the current tax compliance practices in the crypto sector.
Cyber Security Today
"u.s. congress" Discussed on Cyber Security Today
"Researchers have found the world's first malware that can hijack a Windows computers boot process, even if it's fully patched. Terry will have some thoughts. We'll also look at a report that law firms are increasingly being targeted by threat actors. And we'll discuss what's being done to help Canadian nonprofits improve their cybersecurity maturity. Hey sir, one of the world's biggest computer manufacturers has acknowledged a hacker got into what it says is a document server used by its repair technicians. This comes after a threat actor began selling 160 gigabytes of stolen corporate data. Acer says no customer information was copied. A ransomware gang is trying a new way of squeezing victims rather than offer screen shots of a file structure of companies as proof that they've been hacked. The Medusa gang created a 51 minute video of screenshots, allegedly copied from servers at the Minneapolis public school system. According to bleeping computer, the gang is demanding $1 million by March 17th, or it will publish all of the stolen data. Personal information of members of the U.S. Congress and their staff may be at risk because of a data breach at a private healthcare provider. According to the news site, the daily caller, the House of Representatives, chief administrative officer this week, emailed congressman about the hack. NBC News says the hack also involved data of members of the Senate. The news report says the data includes names and email addresses, but not detailed personal information. The developer of a game called the sandbox is warning players not to fall for an email scam, claiming to be from the company. This comes after an employee's computer was hacked and their email was used to send spam with a malicious attachment. Those who got the message had been warned not to open, play or download anything related to it. The U.S. transportation security administration has sold federally regulated airports and aircraft operators in the United States to tighten their cybersecurity.
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"No fear. Nor should anyone in the world have it. Ukraine's gained this victory and it gives us courage. Which inspires the entire world. Rose one person who has been at the center of this, of course, is Ukraine's president zelensky. He's become a very visible international figure, testifying before the U.S. Congress going to other capitals to make the case why the world must keep its attention. On Ukraine must keep delivering arms and other aid to Ukraine. How important has president zelensky been in maintaining Ukraine's unity at home and also its ability to keep fighting? Well, incredibly important in arguably, he's been just the president that Ukraine needed in this moment. And it's funny thinking about the run up to the war now and away because people tended to dismiss him very much as someone who didn't have the heft to be a president during wartime, you know, of course there was all this talk that he might even leave the country in famously. He declined the offer to do so, but you can see that his skills at presenting a message at selling, in fact, Ukraine's cause in this moment relentlessly on social media, videos, all of it, appearing speeches at parliaments. You name it, he's done it. He's done anything that he can to remind people that this war is going on that Ukraine needs more money and more weapons to keep fighting and no event is too small or too large. To do that and you can say arguably that's made a tremendous difference in keeping the world's attention on Ukraine in rallying cause for money and weapons. If you look at other conflicts around the world that have gone on for a period of time, you can see that there's been a real challenge to maintain that kind of momentum. And perhaps that challenge will come for Ukraine if this war goes on for another year or beyond. But you can see some of that concern creeping in potentially now. You've seen president zelensky leaving Ukraine more regularly coming
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"Addressed the joint session of U.S. Congress with a plea for the free world to stand united against the threat of Russia and its incursion into Ukraine. Let's get to add Baxter in the 9 60 newsroom in San Francisco head. Yeah, he referred to them during the day, Brian, you're right as terrorists. Ukraine is alive and kicking was his message before Congress, a president greeted with standing ovations, both sides of the aisle, those standing ovations continued throughout his speech. The core of his message, Ukraine is still alive and kicking a number of times he thanked the American people directly for their support. Russians use everything everything they have against bachmann and other beautiful cities, the occupiers have a significant advantage in artillery. They have an advantage in ammunition. They have much more missiles and planes. Then we ever had, as it's true, but our defense forces stand. As zelensky says Ukrainians will celebrate Christmas. And now our people will have to go to bomb shelters on Christmas Eve, Ukrainians will still sit down at the holiday table and cheer up each other. And we don't don't have to know everyone's wish as we know that all of us, millions of Ukraine, the same victory. Now
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"Or depose some senior Twitter executives who recently left the company to ask about what's happening internally. So this is definitely becoming a more serious and a deeper investigation into what Twitter has been doing. And Kurt says the FTC has shown that it's not afraid to levy hefty fines and did find Facebook a record $5 billion over the Cambridge Analytica data scandal. Ukraine's president volodymyr zelensky plans to address the U.S. Congress and person tomorrow. It is his first trip outside Ukraine since the beginning of the Russian invasion. And the Biden administration as well as Congress is working now on the next steps in immigration thousands of asylum seekers, meanwhile, are waiting at the border, former Arizona governor and Homeland Security secretary jena Napolitano on Bloomberg earlier said they need to be working on a long-term fix as well as what to do now in the short term. In San Francisco, I'm Ed Baxter, this is Bloomberg, our Brian. All right, Ed, thanks very much. Let's get to our guest Paul Christopher head of global market strategy at Wells Fargo investment institute. Paul, let's talk a little bit about the BOJ action. I'm not sure if it's fair to say that the BOJ wants to have it both ways, but there is both tightening and easing aspects to the move, so net net for Paul Christopher, do you like this move? Yeah, yes, we do. You're right. Some tightening of the changing in the yield curve policy, but some extra buying of government bonds that will help with the economy. So is this a bad move? Well, too soon to tell, but they had to do something to stop or at least intervene in the great shorting that's been going on in Japanese government debt as well as in the end. Those are not good for the economy over the long haul. So yes, there's some position squaring going on right now. So it's positive at least for the moment. Positive for the moment, do you think the markets are going to be satisfied with this? Do you think they're going to push for more action from the BOJ? Yeah, it's typically the case that markets will take a certain amount of intervention and then push. Okay, you're going to buy 9 trillion in Japanese government debt. Let's see if you'll do ten. 11. Wouldn't it surprise me? And notice that the spreads in the swap between the swaps and the JGB themselves are still where they were yesterday. So markets may be not believing it quite yet. Well, I think that one byproduct of this would be that for everybody who has neglected the yen of late that maybe it's nice to be diversified and maybe add some yen to the portfolio. Is that, is that sensible? Uh, maybe not quite time yet. Look, the end was definitely oversold. And what we're seeing now is an oversold bounce. But again, if the market decides to test the BOJ, it would do it not just with the pushing yields higher on the bonds, but also by selling the end forward. Again, so it remains to be seen there, whether it's time yet. We think it's probably too early for Europe and Japan. We would prefer the U.S. right now. Okay. So let's move there because it seems to me that this whole moving out of monetary stimulus is going to take a time. This is not going to happen overnight. So in the U.S. though, we've got that big uncertainty of the fed or actually to me it's not uncertainty at all. They're going to keep raising rates and they attend at this point to keep them high over the course of the year. Should I just look around in equities for individual companies that can do well in this environment or forget equities altogether? Oh, we definitely wouldn't forget equities altogether, but we would agree with you that the fed is going to keep rates higher for longer than the market thinks. This idea of tapering where they go from 75 basis points in hike to a 50 hike to a 25 and high does not mean that a cut of 25 is the next thing to happen. They could easily hold rates at a high level for a while. I think the economy is at the doorstep of recession. We do expect that recession to be necessary along with those elevated rates to push the economy, our push inflation down. So we would remain defensive here and maybe not so much individual companies, but there are sectors that we like. What we would think of as those that have some organic revenue growth, good cash generation, energy, for example, really good cash generation this year. And then maybe good balance sheet. So healthcare fits that Bill. And we think tech oddly enough, I know you'll tell me it's been taken up behind the woodshed and spanked. But we like what we like what we're seeing in valuations coming down there. So as three sectors where we think you can be defensive here a little bit and dollar cost average into these positions for several more months. And then we think you will start to look for some opportunities to be more cyclical. Yes. You say, you've been saying pay attention to layoffs. It seems like we've only seen baby steps in that in that area. Do you think that gets more aggressive going forward? Yeah, first thing that happens. Well, first thing we need to remember is that the labor market is the last pillar of strength in the economy to fall as you go into recession. So we would not expect layoffs to become more prominent until we were more clearly and more obviously in a spending recession. We're not quite there yet. But I would expect those a lot of those, the two job openings for every applicant, that's going to go away. They're just going to pull those open RECs. You're not going to get the job creation going forward. And that will have some of the same impact on spending. So do you have any industries that you like or when it comes to stocks? Where do we start looking at you very defensive like healthcare and utilities? Or do you see opportunities in any of the companies that have more value or maybe are some kind of growth opportunity? Yeah, we don't really like utilities right now. The high interest rates have put a damper on that one. So it's not strictly a defensive play. I'd call it more of a quality play. IT, energy, healthcare, again, good organic growth prospects, good revenue streams, good cash production, and good balance sheets. That's where we want to be right now. Because we think the losses will be comparatively less by the time this market finally bottles, we're not there yet. We had some interesting earnings today. One kind of looks at the possibility of recession, one looks at inflation. Nike came out with very strong sales, so I think you have to give them credit for that. And that's one reason stocks up 12% in after hours. FedEx, well, they did a good job with cost cutting, saving a $1 billion or so. Is the ingeniousness of American companies going to partially save the day? It typically does. But you want to be careful when you're looking at those companies that have good revenue streams. Is it being driven by sales of units or by price increases? And if the latter, that ultimately we think will undermine their profitability because they just won't be able to keep up that is the quantity sold to declines faster than the prices can rise. So be careful with looking at the revenue streams would tend to look more at the profit margins and at the cost cutting. All right. Well, we're out of time. I probably should have said perceived ingeniousness of management teams in the United States, but obviously some credit is often given there. Thanks so much for joining us, Paul Paul Christopher head of global market strategy at
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"In the U.S. economy, we watch the small cap universe, right? Which are those companies that are most exposed to the U.S. economy. So it's a kind of a similar play at that, but it is maybe a bit of a rethink. And it's interesting and I guess I try to square that Tim with a discussion from president Xi, his long-term plans have really developing a higher economy, a tech led economy that plays in the global markets. Yeah, that's a really good point. Hey, I just want to give our audience an update on the financial markets right now. Looking at the S&P 500, we are still higher by two tenths of 1% the NASDAQ though is giving back those gains and is now down close to two tenths of 1%. The Dow though is the leader, thanks to Home Depot and Walmart higher now by 7 tenths of 1%. Yeah, we've been bouncing around a little bit, a big day tomorrow. We'll get a retail sales report, which will give us another indication of what's going on in the consumer. We'll get the release. We will be releasing those, not us personally, but we'll be talking. You have the numbers. The FOMC minutes from the last fed meeting. So that will be certainly important. Also, these are really, I mean, we say this every month, I feel like, or every time there is a fed meeting, but the importance of these minutes. Yeah. This is so important because it really gives us a good idea of the nuance behind sort of the dovish the quote unquote dovish call, at least that how it's interpreted by the financial markets right now. And what we see when it comes to that nuance. Well, and it's interesting. It comes at a time too as you talk about the markets and you write the nuance. And expectations that maybe there'll be a fed pivot and maybe the fed won't be so aggressive and maybe it'll start to slow in terms of its interest rate increases have been signed who comes on with us. Talks a lot about the expectation that he has that the fed can kind of stop at this point or certainly slow down. In the meantime, you've got that going on, fed policy, we've heard from a lot of companies. We're just finishing an earnings cycle, although we'll be continued to hear from the retail sector. And at the same time, we have also legislative policy, which is also another factor when it comes to what's going on, our economy. Right now we are watching a live shot of the dining room. The state dining room of The White House, and it's all about the more than $400 billion in new spending that the U.S. Congress has talked about and is now awaiting has passed the Senate has passed the House and is now awaiting a signature from President Biden. Yeah, right now, Senate majority leader Chuck Schumer is making comments just now we heard from congressman James Clyburn of South Carolina doing the introduction. And we are expecting to hear from President Biden just in a couple of minutes. We'll bring those comments to you live when he does start to speak. And let's just remind everybody, this is, as I said, more than $400 billion in new spending, bring in more than $700 billion in revenue, reduced deficits by $300 billion over a decade. There was an era where we cared about deficit reduction in a big way. And talked about it last. So this is part of that bill. It's also talking about over $300 billion for climate and energy proposals. And it is a massive spending healthcare. We're talking about benefits. There's a lot of moving parts to this. And carried interest is safe. Let us not forget. It carried interest tax loophole is safe. And you know what it's called, the inflation reduction act of 2022. And so this has been a very big part. It's not all of the original three and a half $1 trillion proposal that President Biden had put out that he had was hoping to do in terms of infrastructure on so many different levels in the United States, but it's a big part. Does it move the needle politically for Democrats in the midterm? It's a huge accomplishment for The White House, a huge accomplishment for Democrats who were able to hash out details. As you said, Carol, it is certainly less ambitious than build back better. Yeah. But it is definitely something that The White House, and I think many Americans would view as a big accomplishment. Right. And certainly we'll go into some of what happens at the midterms and ultimately what happens at the next presidential election will also impact what kind of legislation moves forward again. Are we going to see a split Congress again? Do we see any kind of significant changes in that that will ultimately lead to maybe different types of legislation going forward? And look, we're seeing some primaries happen right now in Alaska today. We're also seeing a primary in Wyoming where Liz Cheney could actually lose her congressional seat. So there's lots happening right now politically ahead of the midterm elections. And what do we care about some of this? I mean, it's interesting, you know, not always news out of D.C. impacts what we see in terms of the financial markets and the trade. But we certainly have seen the solar energy space, the alternative energy space move to the upside in a big way as a result of this legislation. So there are expectations we've talked to the head of plug power. We've talked to other later on in our broadcast. We're going to talk a little bit more about the water crisis that's out there, but we're also going to talk about the EV world and how to kind of Garner our garnish that power specifically for powering your home. So there's a lot going on in this space that I think many players would say takes a big step forward as a result of this legislation soon to be signed into law by President Biden. You know what gives you a good view of American infrastructure is driving more than a thousand miles. Through multiple states. Virginia, Kentucky, Pennsylvania, Ohio and
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"Greenback We'll talk more about markets in 15 minutes Juliet All right thanks so much Doug 35 minutes pass the all time for global news And NATO ministers have warned Russia that the alliance is standing united behind Ukraine Let's get to Ed Baxter who has all the details in San Francisco edge Yeah it's a good read on a Julie at the minister's meeting This morning and secretary general Jens Stoltenberg calling on Russian president Vladimir Putin to stop the war Today this disagreed that we must continue to provide significant support to Ukraine Including with military supplies financial help and humanitarian aid And the U.S. is doing the same president Joe Biden and his speech to the nation And at the request of president zelensky we have identified and are helping Ukraine acquire additional longer range anti aircraft systems in the munitions for those systems Along with Ana aircraft shoulder rocket stinger and javelin launches 20 million rounds of ammo and drowned and drones switch blade drones are calling their dives switchblade drones This after Ukraine's president volodymyr zelensky spoke to the U.S. Congress The President Biden you are the leader of the nation I wish you could be the leader of the world This after Ukraine's president Vladimir zelensky spoke to U.S. Congress and U.S. president to representative U.S. congressman Michael McCall says it was an extraordinary emotional address I've never seen members of Congress in some you would never imagine tearing up really in tears over what they saw I've noticed well President Biden went ask whether Vladimir Putin is a war criminal said yes he is a war criminal expanding on by White House spokeswoman Jen Psaki The president's remarks speak for themselves He was speaking from his heart and speaking from what he's seen on television which is barbaric actions by a brutal dictator through his invasion of a foreign country Yeah meanwhile some encouraging sounding news Kremlin spokesman Dmitri peskov says a proposal for Ukraine to become a neutral country to retain its own armed forces as positive and could be viewed as kind of a compromise I need to go through our instant message here It got buried You guys are sending messages South Korea here confirming 621,000 plus more coronavirus cases And that surge is a record that the record death toll too in it So we'll continue to dig into that and get you more information in San Francisco I'm Ed Baxter This is a Bloomberg all right Brian Ed Baxter thank you very much 38 minutes past the hour Let's get to global sports So Dan Schwartzman is with us so the Joker will be playing in Paris That's huge It is huge Djokovic will be allowed to defend his French Open title France removing most coronavirus.
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"Michael castner President Biden is expected to announce new military assistance for Ukraine Deputy White House press secretary Andrew bate says the U.S. remains firm in its support of the Ukrainian people as they fight against Russian forces The United States has to date provided $1.2 billion in military assistance to Ukraine We are making deliveries every day that includes state of the art ground based missile systems that are denying the Russians air superiority and Ukraine It includes the javelin anti tank missiles President Biden is due to deliver a remarks later today on the conflict in Ukraine alongside the Secretary of State deputy Secretary of Defense and the chairman of the joint chiefs of staff That will follow this morning's virtual address to a joint session of the U.S. Congress by Ukrainian president Vladimir zelensky This has been a special report the Russian invasion of Ukraine I'm Michael kassner Market analysis that goes beyond the ordinary Again I learned another function from Matt Miller today Bloomberg markets with polls weenie and Matt Miller Why is this stock so unloved Big gaze at 10 a.m. eastern on Bloomberg radio The advantage for China and having a Russia alliance is not so you get grouped with Vladimir Putin on the global stage It's so you can buy commodities cheaper So if China can get hold of cheaper oil cheaper gas cheaper wheat This is a dream come true for she in an area that China is really nervous about The brilliant leader Miller there the CEO of the China beige book.
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"Of the writers on our M live blog were pointing out that this parabolic ascent that we have seen in crude oil can not be sustained for a longer period of time there's going to be a little bit of retracement required and there are a lot of different forces at play right now in the crude oil market generally speaking Brent right now is down about 8 tenths of 1% one 22 30 One of the key issues at the moment though is a potential U.S. ban on imported Russian oil and energy There is a bipartisan bill moving forward in the U.S. Congress It presumably would go to a floor vote in both chambers and on if it were to pass on to the desk of the president but the governments of the European Union are divided on whether to join the U.S. in banning Russian energy products So a lot of different forces at play If you look at what's happening right now in Tokyo where the nikkei is higher by just a tenth of 1% in Sydney to ASX 200 pushing up about a tenth of 1% meantime in Seoul the cost beat is down just about two tenths of 1% We'll get the equity market in Hong Kong and markets on the mainland in China trading at the bottom of the hour Long term interest rates do remain elevated a ten year treasury at one 77 a two year at one 56 a flatter yield curve now with just 21 basis points in that two to ten year spread A lot of conversation around the risk of inflation globally talk more about markets in 15 minutes At Baxter has global news from the San Francisco newsroom Eddie All right thank you very much Dave got third round of talks between Russia and Ukraine have failed to make any progress Ukraine says ultimatums Russia says nothing that it wanted to hear Ukraine again calls for a no flight zone U.S. says it will not happen because it would widen the war fighting.
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"News new talks rather over Ukraine have failed and President Biden looks for GOP support for a Supreme Court nominee for more let's go to the newsroom and Bloomberg studies Pellegrini Denise Thank you Juliet and let's start with those talks because they were between Russia France and Germany and those talks have now ended they talked all day apparently but Russia says it deeply regrets that those talks ended after 8 or 9 hours without any agreement over Ukraine The largest joint military exercise with Russia and Belarus is underway U.S. officials are warning though that Russia could attack Ukraine under the veil of that exercise And Bloomberg's Bill fairies in Washington says The White House is also having a hard time getting congressional unity for sanctions against Russia Well we're seeing the U.S. Congress has been sometimes at odds with the Biden administration trying to push very specific sanctions on things like the Nord stream two pipeline And there is a significant block on the congressional side that would like to see some sanctions coming into place before any conflict And faris also says Congress is divided over how deeply to punish Russian banks in the event of an invasion President Biden meantime morning Americans to leave Ukraine and UK prime minister Boris Johnson calling it all The biggest security crisis Europe has faced in decades The stakes are very high And this is a very dangerous moment And Johnson today also paving the way for UK sanctions against Russia In Canada prime minister Justin Trudeau asking parliamentary conservatives to help convince that truck convoy in Ottawa to disband The prime minister getting jeered though by political opponents as he made his case for and into the trucker protests against COVID-19 vaccine mandates We're.
Bloomberg Radio New York
"u.s. congress" Discussed on Bloomberg Radio New York
"Invasion at the border of Ukraine Two U.S. officials speaking on the condition of anonymity say the buildup consists of the military personnel and weapons that Russian president Vladimir Putin would need to overwhelm its neighbor man however while current numbers indicate a possible invasion in coming weeks a diplomatic resolution appears to still be possible Over a thousand protesters were on the streets of Minneapolis again last night in response to the police killing of 22 year old Amir luck who was fatally shot last week while apparently asleep and holding a firearm during a police raid Anger and frustration pouring out into the streets from New York to Minneapolis Overnight horns and lights blaring in protest after Minneapolis police shot and killed 22 year old Amir Locke after entering an apartment on a no knock warrant There's Megan Fitzgerald the mayor of the city Jacob Frey since announced a ban on nearly all no knock warrants in his city except in cases of imminent danger the attorneys general of 13 different states and Washington D.C. now back a Mexican lawsuit that accuses American gun makers of helping to get weapons into the hands of criminals The Mexican government argues the companies including colt Glock and Smith and Wesson used reckless gun dealers and illegal sales practices that drug cartels rely on A firearms industry trade group says the Mexican government shoulders to blame for the crime and should focus on their own courts instead A new bill in the U.S. Congress meantime would set up a federal alert system in active shooter situations More than 330 active shooter incidents claimed the lives of more than 2800 people between 2002 1019 The sponsors of the bill Democrat representative David cicilline and Republican Fred Upton of Michigan are hopeful the plan can give traction even in the closely divided Senate It's based on the amber alert program Thanks Jim Forbes for that report I'm Scott Carr The coronavirus death toll in the U.S. is now over 900,000 according to Johns Hopkins University More than 902,000 people in the U.S. with the virus have died since the pandemic started The current number of cases stands at about 76 million There is some good news on the vaccine front the CDC says over 212 million Americans are fully vaccinated while over 89 million have received a booster dose Podcaster Joe Rogan is calling his past use of the N word the most regretful and shameful thing he's had to address I was just trying to be entertaining I certainly wasn't trying to be racist And I certainly would never want to offend someone for entertainment with something as stupid as racism Rogan is posted a 5 minute long apology on Instagram after a video compilation of all the times the podcaster used the words surfaced The 54 year old says the clips were taken out of context that he was using the word in quotes or referencing others but he says he hopes it will be a teachable moment for how offensive the word can be This after Rogan's ongoing controversy over alleged COVID misinformation on his podcast played over Spotify A woman kidnapped from Michael Bloomberg's ranch in Colorado is being reunited with her family after being rescued in Wyoming The 46 year old worked at the Rio Blanco county property and was allegedly forced to leave with a kidnapper after he threatened her with a gun Reports say Joseph beecher of Craig Colorado took the woman to the Denver area before heading to Wyoming the bloombergs were not at the ranch at the time of the kidnapping TV executive turned talk show host and CNN New Year's Eve co host Andy Cohen has interviewed plenty of stars Meryl.
Inspire Nation Show with Michael Sandler
"u.s. congress" Discussed on Inspire Nation Show with Michael Sandler
"Where you are graduate level or maybe you say you're someplace else. It doesn't matter. There are no levels. where all beautiful spiritual beings. We'll call it that. However what words of wisdom would you want to impart on us. That are at the very edge or cusp of what we can understand to help. Guide us forward. How's that caroline. The bottom line is were out there looking for extraterrestrials. Were looking for understanding who. They are what they're doing here. What the agenda is What we're really looking for is we're trying to understand who we are in relation to them but we're as humans were conditioned to think if i have the answer outside myself If i know that the gray fits over here and the reptilian fits there. And the spurred guy fits the therefore. I will come to the conclusion that i must be that and to me First of all. It's never too late. No matter where you are on your journey or your path with you started twenty years ago you started yesterday. It doesn't matter. You are equipped right now like i was saying. We've been talking about the planetary grid these all these openings. The highways are open in are available. And it's very easy. People think it's like it's it's like brain surgery. No people is just a belief systems in fears. Subconscious fears that This is so complicated. All that requires is for you to trust and believe and intend for what you want. Meier recommendation is to allow information to come in as it wants to come in if one day your experience in eighteen so be it one day you experience some downloads. So be it but the question should be show in who. i am. Show me who. I really am today. And so because it's almost like you reconnect with the original essence. That you were before you incarnated and that if you get that if you if you get that piece then it will enter all your questions. It will enter. Why you're in this body. Who are the other pass parallel lives. Who are the beings talking to you who you should be talking to what you should be doing here. It answers all your question. So that's the reason why i recommend for anybody. Don't be intimidated. I've been doing this five. He's been doing it since he's seven. Who cares everybody. has this ability to intend. i'm giving you the protocol. I'm giving you all the tools. Michael is chairing tons of tools with hugh. I would say do it now..
CRUSADE Channel Previews
"u.s. congress" Discussed on CRUSADE Channel Previews
"Because you know. It's one of those issues where it kinda like the israel-palestine issue or or several other of these foreign policy issues Where politicians feel a necessity to pay lip. Service right yeah. I doubt that you could go and find anyone. On capitol hill. That would say wonderful. Nice glowing things about the chinese communist party right but the problem is is in putting that into action. And that's what we're seeing here. Is this kind of T to to come full circle back to the united states innovation act. Is that you know that that's exactly what we're seeing here is that this is this is a that is effectively paying lip service to the idea of doing something about china without actually doing anything. And that's what obligations are seems to be best at doing something without actually doing something absolutely. Let's cover the second argo because he gave me to here This is by sarah. Anderson representative ted bud talking about pork barrel. Earmarks begin to poison washington We only got about four minutes left. I i'll give you that time to really talk about this article. And i'll drop it in our chat room. Yes it's just real quick as as you said. This was an article by my colleague. Anderson represented ted bud Where they talk about the earmarks issue so if you are were unaware your march went away for a little while and came back now and if you don't know what an earmark is you're not alone. It's basically a line item. A piece of the budget where members can submit. Try and get a bridge or an aquatic center or a baseball field and really anything you want. But in their particular district so these are using funds to do usually infrastructure things or something related Public works in in particular district and it's particularly problematic because that's where a lot of log rolling happy in congress a lot of Fevers or exchanged in exchange for you know these projects so um used for example. There's a couple from the article. Actually that you know representative. Donald payne junior from new jersey is asking for a half a million dollars for a meditation and restorative yoga program and additive. Luke oh the next one's Representative mukora from california has asked for two million dollars To build a pickle ball court in orange county. No i think you can find it. It's in the budget and the these are the kind of things that you get when you have the remarks process so i encourage everyone to go online. That article The washington examiner. I think yesterday And it's a really great look at why your march or such a disastrous budget mechanism and why they ended up creating more corruption More fraud and more waste and obviously more abuse absolutely lou from freedom works. I guess what when you're on my show we have breaking news here The us senate has blocked that january. Sixth commission fifty four to thirty five just came out about eleven minutes ago. Oh dang i get off. I'm going to have to go and look at that. And if you didn't know rick in the next about our. We should have a budget from president biden. So that'll be a. We didn't talk about it the six trillion billion gazillion package that he wants to put out now so.
CRUSADE Channel Previews
"u.s. congress" Discussed on CRUSADE Channel Previews
"Try and figure out ways to make Mice glow in the dark so that was a funny one. But you know it's just another it's just another example of You know not targeting money in the right places and just. Nobody seems to care about fraud. Waste abuse anymore. No at this point the amount of money that's being xerox and it seems like xerox and just shipped out. We'll talk about the six trillion dollar proposal in a minute but in in in two ways first of all the chinese reverse engineer all our stuff so the fact that that that that doesn't really cover that intellectual property i know marco rubio had a big thing about the intellectual property aspect and secondly you just mentioned we keep talking about the the the the science foundations. If we're putting so much money into the signs organizations these nationalized federalized organizations yet every two or four years when election cycles come up. We need to pour more money into education because our science is so terrible but report money into the science foundation. So why are we so terrible at science. When we're spending supposedly spending the money to do scienc- things yet. We always compare the are terrible to the rest of the world. at least that's what they tell us you're right and i guess the only other thing on on the show since we're already harping on china. I guess we have to talk about john. Cena right that You know it. It's really sad to see all of these these celebrities Kind of kind of take a stand especially on taiwan on hong kong. Talk about lebron. James you know they they kinda you can see them kind of wanting to take a stand But then getting getting pulled back by the powers that be and and both in terms of members of congress and i think the general public and even celebrities but i think they're really needed to have a willingness to start talking about these things and say we really need. I mean we talk about when President trump answered the phone call from the president of taiwan and the left we media lost their minds and they thought that china was gonna start throwing nukes around all of these stuff But i think that you know a really a tough on. China approaches is really necessary and if we're continually kowtowing and you know always washing exactly what we say so that we don't You know make beijing mad. Then we're never going to get there well..
CRUSADE Channel Previews
"u.s. congress" Discussed on CRUSADE Channel Previews
"Works is gonna join me before. He checks out for his memorial day. Weekend how are you mr hogg. I'm doing great rick. Always be happy to be on where we're happy that you took some time on the friday before memorial day to join us a lot of people Tend to check out a little early. But now you my friend you are. You're with us in ready to talk some talk. Some washington insider stuff did you. What's your thoughts on that china. Bill that that just went through That ad ninety one to four. I believe support both. Republicans and democrats. Did you hear about that. yeah. I saw that. That's a really weird one. I believe you're talking about the united states. You know the competition act or earlier. It was the endless frontier. Were always talk about in dc. They have all these titles to basically cover up. How bad all the bills are really. It was really weird scenario because as you said you know had this overwhelming vote. But the bill doesn't ostensibly supposed to be going after the rise of china and doing a whole bunch of stuff to try and combat ip theft.
Newsradio 700 WLW
"u.s. congress" Discussed on Newsradio 700 WLW
"And if we get any phone calls, we'll take those right after the right After this on 700 wlw the 117th US Congress is now underway. I Sandy Collins 700. W well w dot com 117th Congress is beginning as the House and Senate gaveled into swear in its new members. Both chambers holding a rare Sunday session to open the new Congress. January 3rd, as the Constitution requires. All members of the House and roughly one third of the Senate being sworn in today. Georgia's Senate runoff election is coming up this Tuesday. The outcome will determine the makeup of the now Republican controlled Senate. If those two Democrats win, they'll have the power to stop Republican legislation and pushed Joe Biden's agenda forward. Both vice President elect Joe Biden and the president will be stumping for their party's prior to Tuesday's vote in Georgia. Nearly three million votes have already been cast ahead of this election and the secretary of state in Georgia expected another million statewide on Tuesday, and he says voter fraud will not happen. People just can't fly in here, driving here addicted they could be a transient and vote in this election. This is an election by Georgians to elect Georgians to represent us in the United States Senate. Meanwhile, the previously boring business of Congress certifying the presidential election results now turning into what some believe as an assault on her democratic process. At least a dozen Republicans say they will reject the certified results on January 6th. Ted Cruz is leading this effort, which comes after more than 50 courts have found no evidence of what they're claiming They want another audit to be done by a new electoral commission. Dr Anthony Fauci says the U. S ramped up covert 19 vaccinations in the past few days after a slower than expected start, bringing to four million the number of Americans who've received shots. Remember for news any time on demand its 700 wlw com Sandy Collins News radio 700 wlw on to manage my heart radio online on your smartphone, iPad and tablet 700 wlw dot com. 700 wlw Dan Carroll from Scott Sloan here till noon today on then what we have After that there's a gonna be Ken Brew can ruin for Bill Cunningham. So I'll be wrap up to a great week of programming.