35 Burst results for "Us Government"
AP News Radio
Debt limit deal heads to vote in full House while McCarthy scrambles for GOP approval
"The debt ceiling and budget deal worked out between House speaker Kevin McCarthy and President Biden has advanced to the full House, where a vote is expected Wednesday. I'm Ben Thomas with a look at its progress. The House rules committee voted 7 to 6 to advance the bill, chairman Tom Cole, an Oklahoma Republican calling it a product of compromise. And reflects the realities of a divided government. We shouldn't allow that to overshadow what this bill accomplishes. It would restrict spending for the next two years while also suspending the nation's debt limit during that time, and the nonpartisan congressional budget office says it reduces deficits by $1.5 trillion over the decade, but South Carolina Republican Ralph Norman also a member of the freedom caucus was disappointed. We had a real bill that was going to make a difference. We did in the original bill. This being watered down is completely takes the teeth out of it. And I see why the Democrats vote for it. I see it now. He and Texas congressman chip Roy, who earlier in the day, said not one Republican should vote for this deal. Join Democrats in opposing the bill's advance. Ranking Democrat Jim mcgovern of Massachusetts accusing the GOP of weaponizing the debt ceiling, saying it's a precedent that will forever haunt the nation. One party can use the full faith and credit of the United States as a hostage to pass their widely unpopular ideas. Adding, someday, hopefully not in my lifetime, but someday there will be a Republican president. And you will remember this moment because what you are trying to do is get things enacted that you could not get done through regular order. Ben Thomas, Washington
Debt Ceiling News Pumps BTC
"Let's go straight into some market talk. Is it all around what's happened with the debt ceiling, do we think? Or is there a bit more to it? I'm not sure, but that news about the debt ceiling has really pushed up all asset classes, and Bitcoin had a bit of a shakeout last week. Even you had a bit of a panic sell trace, but we're back to the races now. Police. I don't know if I had a panic sell. Come on. We're back to the pre -sell -off levels. I guess it was the debt ceiling, which you can give a bit of an update to. Let's talk about that. Crypto prices had a nice little pump on Sunday night with the news that the US lawmakers had ended their stalemate over the government's debt ceiling debate. As part of the deal agreed between President Joe Biden and Republican House Speaker Kevin McCarthy, the plans are a 30 % tax on crypto mining also has been shelved as part of this deal. So I think what exactly was the deal as well? There's no debt ceiling until January 2025? I mean, that's interesting. It's the kicking the can down the road scenario that every country is doing basically, but particularly America has been leading the way for well over a decade. I'm certainly no financial expert, but what I do know is if you keep printing money, money is going to be useless. Absolutely. We've been on the way there for a long time. I'm sure that's why many people are in crypto. I didn't see this coming. I thought they'd sort of let what needs to happen happen, but how much further can they go? They sort of keep making their own rules and, like I said, keep kicking the can down the road. So the inevitable will happen at one point or another. All they're doing is, in my opinion, making what will inevitably happen
Debt Ceiling Deal Gives Unlimited Debt Until 2025
"All right, friends, well, today, as I said, we are hopefully wrapping up or at least putting a big momentary pause on the macro story that has dominated markets for the past few months. Yes, a deal has been reached in the debt ceiling standoff with both President Joe Biden and Republican House Speaker Kevin McCarthy making major concessions in order to move the matter forward. The deal on the table would suspend the debt ceiling entirely until the 1st of January 2025. Presumably this puts off the next dispute over federal borrowing until the middle of that year and uncapping the debt limit in the interim. The core of the argument is a two -year cap on federal spending, although each side is presenting the story slightly differently. The White House claims the spending cap would reduce spending by around $1 trillion over while the GOP argue that spending cuts are twice that level. New York Times analysis puts the spending reduction at around $55 billion next year and another $81 billion the following year. So let's talk about what's actually in the deal. The set of tradeoffs in the deal have caused outrage among numerous groups of ideologically aligned lawmakers and special interest groups on both sides of the aisle to the point where there are few truly happy with the compromise. Now that of course might mean in America's polarized politics that it's actually a good compromise deal. IRS funding has been cut, with $20 billion of the $80 billion in additional funding to bolster the tax department now being repurposed to fund discretionary government programs. And what's worth noting here is that early in the negotiations, this IRS funding was a red line for the president. You will no doubt remember when he said that he would not accept any deal that benefited quote wealthy tax cheats and crypto traders. Another aspect of the deal was that work requirements for food stamps recipients will be expanded. However, the cohort of people this will affect appears to be small. Only impacting recipients aged 50 to 54 while exempting veterans, the homeless and people who grew up in foster care. However, negligible the effect on the budget, the expansion of work requirements within the benefits program was an important symbolic policy for hardline conservatives. And small as the concession might seem, there are still many on the left who are very, very against
Kevin McCarthy: Dems Will Say There's Nothing in the Bill for Them
"First McCarthy cut to go Right because at this point you guys only Republicans only control one half of one branch of government So for you to get what you got was great For the most part because the Republicans did much better in this than the Democrats did obviously And to your point Joe Biden tends to negotiate Go ahead There are going to be You know a bunch of Republicans on the big vote are going to vote now You're going to need a bunch of Democrats to say you know what I can't believe I'm doing this I'm going to vote with Kevin McCarthy Well normally when you make when you come to an agreement with two different parties you have people on both parties vote for it But the difficulty that's different than any time before is the Democrats will tell you there's nothing in the bill for them Nothing The president numerous times He kept asking for tax increases new government programs and I just said no And he says well there's nothing in it for us to vote for That's debt ceiling I'm not sure people want to go past that deadline and interest rates go up in others I think this is a good first step but we can go much further And I have a plan for that coming forward where we can look at the entire budget and tackle our problems especially in a bipartisan way This is reasonable This is sensible but it's also responsible thing to do He's among the most popular Republicans in the country And there's at least one common cause he's talking about making a motion to remove him as speaker So I don't follow the kamikazes
AP News Radio
Israeli army says Palestinian gunmen kills Israeli civilian in West Bank shooting
"The Israeli armies has Palestinian gunmen have shot and killed an Israeli civilian near the entrance to a Jewish settlement in the occupied West Bank, paramedics, say a man in his 30s was in a serious condition with a gunshot wound, while troops pursued the suspected gunmen. He was later taken to a local hospital which later pronounced him dead. The incident is the latest in more than a year long surge of violence that has racked the West Bank under Israel's most right-wing government in history during that time Israel has expanded near nightly military raids throughout the area in response to an increase in Palestinian attacks. I'm Lawrence Brooks
AP News Radio
Humanitarian group MSF calls for support for refugees in Kenya affected by cholera crisis
"Refugees in Kenya's dadaab camps are believed to have been hit by a cholera outbreak as the population in the facilities grows rapidly. Doctors Without Borders says 2786 refugees have been affected so far, and that there's an imminent risk of outbreaks of other gastrointestinal diseases that adapt camps, host more than 300,000 people and with a biting drought in neighboring Somalia, the numbers are on the rise, straining water and sanitation services. In 2016, the Kenyan government had announced plans to shut the camps over concerns that extremists from Somalia's Al shabab group were hiding there making the camps a conduit for smuggling weapons, but the United Nations had urged Kenya to reconsider the plan and continue to offer refuge to victims of violence and trauma. There are plans to open another camp in the complex to accommodate new arrivals and ease overcrowding. I'm Lawrence Brooks
AP News Radio
Police fire tear gas and protesters burn vehicles near home of Senegal's main opposition leader
"Clashes between police and the supporters of Senegal's main opposition leader have continued days before a court verdict is expected on charges against the politician. Police fire tear gas and demonstrators burn cars near usman sonko's home. He's being tried for rape and death threats against a woman working at a massage parlor and could face up to ten years in prison if convicted he would also be barred from running in next year's presidential elections. But sonko and his supporters accused president Mackey Sal's government of trying to derail his candidacy. The clashes come a day after police stopped sonko's freedom caravan from traveling from his hometown in the south where he's mayor to the capital where he was forced into his duck our home last week, one person was killed and others were injured in similar clashes between police and sonko's supporters in the south. Senegal's government says it will stand firm against any attempt to disrupt public order. I am Lawrence Brooks
AP News Radio
Debt ceiling takeaways: Biden's invite to liberal skeptics to 'talk to me,' McCarthy's balancing act
"Congress is back and topping the agenda is a debt ceiling deal. No one claims to really like. I'm Ben Thomas with a closer look. Democrats who have reservations about this compromise bill. Talk to me. President Biden acknowledges not all Democrats, particularly those on the left, may vote for the package, Congress is taking up. But I spoke to a whole bunch of people and it feels good. We'll see when the votes start. His debt ceiling deal with House speaker Kevin McCarthy runs 99 pages, both can point to provisions they can call victories, funding medical care for veterans and changing work requirements for government aid and streamlining environmental reviews for energy projects. But each side has a job to do to win over enough lawmakers in their parties to pass it. Some conservatives are concerned the deal doesn't cut future deficits enough. Meanwhile, Democrats have been worried about those changes to programs like food stamps. Ben Thomas, Washington
AP News Radio
South African president appoints judge to oversee weapons-for-Russia inquiry
"The South African president Cyril ramaphosa has appointed a judge to oversee an inquiry into allegations the country supplied arms to Russia. The U.S. ambassador to South Africa claims weapons and ammunition were loaded onto a Russian flagged cargo ship that secretly docked at a naval base near Cape Town in December last year, ambassador Ruben brickett indicated that the allegations were based on U.S. intelligence and that he would bet his life on the accuracy of his claim. The container carrying ship named lady R is already under U.S. sanctions for being tied to a company that has transported weapons to aid the Russian war effort in Ukraine, South Africa has denied there was any government sanctioned deal to provide weapons to Russia, although it hasn't categorically ruled out that an unofficial transaction took place involving another entity. The South African president's office says the panel has 6 weeks to complete its investigations and another two weeks from then to provide a report to ramaphosa. I am Lawrence Brooks
AP News Radio
Jan. 6 rioters are raking in thousands in donations. Now the US is coming after their haul
"Some January 6th rioters are raking in thousands of dollars in donations, now the Justice Department is coming after that money. For those who stormed the capitol on January 6th, 2021, it's not just a prison sentence they face, hefty fines are also going along with it. That's because prosecutors appear to be ramping up efforts to prevent them from profiting from their participation. The Justice Department, in some cases, questioning whether the money they have been raising goes to their legal defense when they're getting government funded lawyers. Daniel Goodwin, who participated in the January 6th riots and was convicted, promoted a website to raise money, the feds now want him to give up more than $25,000. I'm Julie Walker.
AP News Radio
Biden and GOP reach debt-ceiling deal. Now Congress must approve it to prevent calamitous default
"An agreement on the debt deal has been reached. Now that President Biden and House speaker Kevin McCarthy have reached an agreement in principle, a House vote has been scheduled. We're going to put the bill on the floor in 72 hours and facet. But democratic congressman Jim heims on Fox News Sunday isn't so sure. It's not done yet, and all you need to do is check the social media of the freedom caucus who are just obliterating this deal. A House vote is expected to take place Wednesday, support from both parties will be needed to win congressional approval before a projected June 5th government default. I'm Shelley Adler.
AP News Radio
Biden, GOP reach debt-ceiling deal, now Congress must approve it to prevent calamitous default
"A debt ceiling deal has been reached by President Biden and the GOP now Congress must approve it to prevent a potentially disastrous U.S. default. Negotiators agreed to some Republican demands for increased work requirements for food stamp recipients, but stopped short of greater spending cuts overall that Republicans wanted, House speaker Kevin McCarthy calls it an agreement in principle worthy of the American people. As historic reductions in spending, consequential reforms and lift people out of poverty into the workforce, Rey and government overreach, there are no new taxes, no new government programs. In a statement, President Biden says the agreement represents a compromise, which means not everyone gets what they want. Central to the compromise a two year budget deal that would hold spending flat for 2024 and increase it by 1% the following year in exchange for raising the debt limit for two years. Support from both parties will be needed to win congressional approval before a projected June 5th government default. I'm Julie Walker
AP News Radio
US: Chinese agents paid bribes in plot to disrupt anti-communist Falun Gong movement
"Too suspected Chinese agents have been charged in the U.S. with bribery to disrupt an anti communist group. On Norman hall, federal authorities have arrested two suspected Chinese government agents in connection with an alleged plot by Beijing to disrupt and ultimately topple the exile at a Commodus falun gong spiritual movement. John chin and Lin thong were charged in an indictment on sealed Friday with scheming to revoke a New York based falun gong organization's tax exempt status and paying bribes to an undercover officer posing as a U.S. tax agent. Prosecutors say evidence includes war tapped conversations, the Justice Department has made a series of prosecutions in recent years to disrupt China's efforts in the U.S. to identify locate and silence critics and pro democracy activists. I Norman hall
The Dan Bongino Show
Michael Loadenthal: Asking for Money to Censor Conservatives
"And this meeting they're talking about how exactly if I could just sum it up how they can censor their political opponents conservatives They don't even talk about it and coded language The strangest thing about this is that this group is working with the DHS Now the grant they got is after this When I'm about to play the audio which is shocking it's from 2021 I have two bits from it right They submitted this audio video to the GHS to get a grant which according to this Fox News report came in 2022 and the school didn't notice inclusion of the seminar and its grant application So I want to be clear because I don't want to explain that in a little bit of confusing manner in my apologies This is such an important story I don't want to lose it This is a bunch of people on tape talking about how to censor conservatives sending the tape to the government to get money and the government then giving them a grant to censor conservatives Got it Easy explained that way Here it is Here's cut one It's about 20 seconds Here's Michael lodon doll Suggesting that they're trying to censor them conservatives that this may be illegal you should send us some money and that he's spoken to the FBI about it This is crazy Check this out To go back to your question about what can liberals do And I feel like it's a trait and simple answer but you can give money That's always really appreciated We have legal defense funds because we get trouble A lot of the things we're doing are illegal What I'm saying what I'm telling you a lot of it involves breaking the law And this is what the FBI will say I've had many conversations with the FBI about this So nuts This is so insane That this guy was like this is amazing I saw this on heritage's Twitter feed this morning And I'm having again it's a quote my friend Neil from the Secret Service How do you get your arms around that It's not that he said it It's that this was apparently in a submission to DHS
AP News Radio
Biden releases new strategy to tackle rise in antisemitism, says 'hate will not prevail'
"The White House has unveiled a new 100 step government blueprint for fighting violence and discrimination directed at Jewish people in America. Noting an alarming rise in the country. Vanished semitic incidents are at a record high. President Biden is outlined more than 100 steps, government, business, and community leaders can embrace to counter bias and hate. Their centered around increasing awareness of anti semitism, improving security for Jewish communities, reversing the normalization of anti semitism, and building solidarity across communities. At last week's reception, marking Jewish American heritage month. The president said there's an increase in physical violence and intimidation. Anti semitic flyers and driveways and banners on bridges. Anti semitic conspiracy theories rampant online. It's unconscionable. It's almost unbelievable. It's despicable. He says the recommendations send a message, hate, will not prevail in America. I'm Jackie Quinn.
The Dan Bongino Show
The Government Cannot Continue Spending the Way It Is Now
"To be straight with you about something Jim is like oh wait no I'm worried Whenever I start off with something like that you know this show the show can go any one of a thousand directions at any given moment Depends on who emailed me during the break No but seriously I need to be straight with you about something I'm very passionate about economics and finance I personally passionate I just love it I don't know why I don't know I like making money I don't know And I just started reading some books and it turned into read more books and then it turned into self help books It turned into like Friedman books and jump eater books and soul books and Hayek books on economic theories and then I started reading somehow out of the left these think about Keynes and read a great book why Kane's was wrong one of my favorite books then I went to business school and focused on finance I'm just fascinated with the plane pure numbers of economics and why people rationally try to maximize their positions in the world and how they do it by how they allocate their money Economics is called the dismal science and some of these segments people like some don't but this is a simple one Because the premise of it I'm going to start with is absolutely factually accurate We are going broke as a country And we are growing broke at a rapidly increasing rate You know herb Stein famous economist once said what can continue won't I want to state to you in unequivocal terms that the amount of money the government is spending right now In contrast to the amount of money it takes in it can't continue We are over $30 trillion in debt I want you to understand what that means
AP News Radio
Companies are finding it's not so simple to leave Russia. Others are quietly staying put
"Global companies are finding it's not so simple to leave Russia. Others are quietly staying put more than a year after many companies left Russia in response to the Russian invasion of Ukraine, something became clear, leaving Russia was not as simple as it might have seen, increasingly, Russia has put hurdles in the way of companies that want out, requiring approval by a government commission and imposing painful discounts and taxes on prices. Feeling the push and pull between western sanctions and outrage public opinion on one side and Russia's efforts to discourage and penalize departures on the other, some companies are staying puts. Meanwhile, Russian consumers are not feeling a big difference, as many companies that have left, are taken over by Russian owners, providing almost identical products. I'm Karen Chammas
The Dan Bongino Show
Vivek Ramaswamy: 'America First' Agenda Belongs to the People
"You're out there you're busting your butt knocking on doors I saw you just got some nice endorsements out of a very important key state out of New Hampshire It's got to feel pretty rewarding I mean you came in you know to be honest with pretty low name ID compared to at least president Trump has got universal name ID and a couple others and you seem to have some momentum and when did your sales there Yeah we're doing well It's early days Dan but the last month has been incredible We're now polling at third place if not tied for third place in most polls and that's rewarding early on But it isn't about me I think that's actually the thing we got to remember at this It's not about Trump It's not about desantis This is about the people of this country And I'll tell you that in America first it doesn't belong to Trump and it doesn't belong to me It belongs to the people That's the way we're running this campaign And what I'm trying to do is take the America first agenda even further than my friend our friend Donald Trump took it If we're doing it based on first principles and moral authority I think we go even further than if it's just based on vengeance and grievance And one of the things I'm doing is we're speaking the hard truth is unapologetically Yes I think we can use the military to solve the border crisis at the southern border Yes I think we can actually shut down government agencies that should not exist rather than just claim to reform them End affirmative action There's a lot we're doing then that's outside of what you're allowed to say in a debate like this LinkedIn actually just yesterday censored me for one of the things that I said on their site about how Bannon the climate agenda that's driven by China they censored my account U.S. presidential candidate but that's okay We're going to take that because that's what it means to speak hard truths and do it without apology And that's the way we're running the race
"us government" Discussed on The Breakdown
"What's going on guys? It is Sunday, April 2nd, and that means it's time for long reads Sunday. Before we get into that, however, 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, happy Sunday. You know, I think when I think about it, when we look back at what this week was about. There are a number of possibilities. It could be the week that binance was sued by the CFTC. It might be the week that do Kwan was arrested. But I think one of the contenders certainly is that this was the week that Elizabeth Warren, a U.S. senator openly declared war on crypto. What do I mean by that? Well, senator Warren took an article headline from February, which read Elizabeth Warren is building an anti crypto army and put it front and center in her fundraising materials for her reelection campaign. The phrase they used was literally anti crypto army. If that doesn't seem like a declaration of war, I just don't know what does. Which brings us to this week's long read Sunday piece. It's by the coin desk editorial team, specifically Kevin Reynolds, and is called it sure looks like the U.S. is trying to kill crypto. The subheading is the federal government's recent actions against crypto are rightly or wrongly, widely perceived as a coordinated attempt to maim digital assets. This risks sending a vital industry overseas without actually protecting investors. Now, as you'll see, what makes this a little bit different from other coin desk pieces is that this is not just the opinion of one author, but instead is presented as the editorial position of the coin desk staff itself. As I mentioned, it's written by Kevin Reynolds coin desks editor in chief.
"us government" Discussed on Simply Bitcoin
"The Bitcoin conference. That was Steve aoki hyping the crowd, man. I don't think people know that, bro there's a musical element to that as well, right? Yeah, absolutely. And I was there. I remember when that happened. Shortly after, he decided to go and grab some cakes and just absolutely take people in the crowd. So that was super fun. But yeah, yeah, there's a huge cultural element to our conference from music to art. With Bitcoin comes culture, obviously. And we can't reject the culture side. So there's lots to do with culture, there's many activations for whichever kind of interest this year's. Absolutely. Man, well, I was telling Chris off offscreen before the show. It's amazing how quickly the conference has sprung up on all of us. I think Christian 80 days away from the conference. So we'll be seeing you guys in Miami. But we had Chris on the other day and he kind of dropped some sauce on us about what to what to be excited about at the conference. So what can you add on this? Chris, what should the people be focused on? Experiences are we going to see this year? Is it going to be as big as last year? These are the questions people want to know. Yeah, 80 four days away to be exact, it's right around the corner. The team is really in gear to prepare for this conference and we're really excited to host everyone in Miami again. Let's admit it though. We're in a bear market. Everybody knows that we're in a bear market. And that is actually beautiful about Bitcoin that we're not just in this hype mania phase that we have these years to build as a community. So it's going to be very focused around that around the bear market around the bitcoiners that have stuck around and are not just here for the hype that are not just here for the CNN articles. For the ones that are really here for Bitcoin in the long term success of it. And that is kind of what we're gearing our conference around.
"us government" Discussed on Simply Bitcoin
"All that being said, now does it make sense or the SEC is doing these types of moves. Anyways, all you have to do is you look under the hood, the answers are all there. They're not playing fair. And they're using the guys of the climate, they're using the guise of equity and inclusion. And they're using the guides of you need the regulators to help us. Well, guess what, guys, no banker went to jail for 2008. The rich got richer and the poor got poorer. What about that? Why didn't you guys do that? How about all the warnings about FTX? Why didn't you guys step in sooner, huh? You guys didn't say anything about that. You guys are more interested in protecting your own moats than you are interested in protecting the American people and that's what it's about. And you know what? Bitcoin exposes all incentives and this is no different. Anyways, opti, what are your thoughts, bro? Give me some horns for that one. I mean, I'm going to take a different little different angle. Obviously, stablecoins are wrecked and as a Bitcoin show as a Bitcoin or this is just more proof. And how much more proof do you need that you should only be holding Bitcoin? As Niko laid it out, it's very obvious what is going on. Once you're paying attention. But you know, I'm a Bitcoin. Like sats are my stablecoin. And I'm going to double down on what you said. You know, stablecoins give people a false sense of safety. They're only stable until they're not. I kind of agree with that little point that they're saying there. But I think it's hilarious that, of course, the angle this has CBDCs are the answer to all of this when it's just like, just the amazing amount of doublespeak coming out from the U.S. government and politicians and bankers and stuff about Bitcoin. And like Nico said in the past, man, every time they omit Bitcoin from research papers, that's pure signal. They can't talk about Bitcoin because Bitcoin blows everything out of the water. So as a bitcoiners, unaffected, bitcoiners stay winning, our incentives are still pure, just take your Bitcoin into self custody and all of this is just us watching the popcorn. But man, I would not want to be holding shit coins nor stablecoins at this point in time because it seems like we're going to see a lot more fireworks in that arena coming up in this year 2023. So hey man, hold Bitcoin and take it in the self custody and you can avoid all this. Absolutely. Chris, what's your take on this, bro? Yeah, there's a lot to unpack for sure. One thing that I find very interesting is just the idea of the post kinesia economist. And when you really dive deep into who these people are, they're not very, I guess, discreet about saying that they're kinesin economists.
"us government" Discussed on Simply Bitcoin
"And it's really good to see members of Congress and not only him by all the members of Congress that actually commented on his bill. In support of his bill. And this is just a start, but also part of me thinks that, well, are we coping here, right? Are we trying to find a middle ground? Are we are we trying to say, okay, well, you can have your CBDC, but it can't do this, or it can't do that. And ultimately, we as bitcoiners, I believe that we should completely reject the CBC. The CBDC in and of itself has no ability to even exist without an invasion of privacy and invasion of monetary right. So I think this absolutely is a step in the right direction. And it's awesome to see members of our leadership talk about this. But we shouldn't just settle with this one Bill, right? We should keep pushing them forward and keep pushing them towards Bitcoin, which ultimately is all three of us know and many in the audience know would be the ultimate form of self sovereignty, freedom money, and really where we want to where we want to get to. But all in all, I think it's great. This is great progress. And of course, anything that goes against what Nancy Pelosi has to say. And Elizabeth Warren has to say, I'd be a fan of. Absolutely, man. The status to put it nicely. They want to force you to use the money that steals from you. It's crazy and we must we must keep hammering that point home, you know? Anyways, opti, what's your take on this? And then we'll get to the news. Yeah. Well, first off, level Chris said, couldn't agree more. But I think those tweets that you brought up, they're really eye opening. There's still some decent politicians out there that seem to, you know, I know I take a very negative perspective when it comes to politicians. I don't trust them at all. But I think Nico said, this is a good sign and it kind of reminds me of what Pierre rochard said on an IRL. And it's back to this idea that many politicians think just like us bitcoiners and they're seeing exactly what we're seeing. And I mean, they even use the same meme that we talk about on the show all the time. Unelected bureaucrats. We say that what? Every single day, Niko. So I think it's important to remember that politicians are still human. Or at least I'm going to give them the benefit of the doubt that they're still human. And there is a loud small minority that wants to take your freedom and is against Bitcoin, but a lot of people are seeing the writing on the wall.
"us government" Discussed on Simply Bitcoin
"Guys like I already told you you don't want to miss Bitcoin 2023. It's from May 18th through the 20th, 2023, and sunny sunny, Miami Beach, Florida. You can use the promo code simply to get a major discount on your tickets. Let's check out some of the speakers because it's going to be absolutely bonkers. We have Matt o'dell Lin Alden, Stacey Herbert, Alex gladstein, Jack Mueller's the Chad Michael saylor, Corey clipson, Arthur Hayes and many, many more. You definitely don't want to miss this Bitcoin celebration. Anyways, at
Markets Daily Crypto Roundup
"us government" Discussed on Markets Daily Crypto Roundup
"Today's featured story is an opinion piece by Matthew Homer, a coin desk columnist, and executive in residence at NYC partners. He previously served as executive deputy superintendent at the New York State Department of financial services. Today's piece is entitled does the U.S. government have monopoly on trust. In remarks earlier this month, U.S. securities and exchange commission chair Gary gensler argued that the crypto economy quote will not take off unless you have some trust. Then last week, in a report issued in response to The White House executive order on crypto, the U.S. department of treasury noted that one benefit of a potential Federal Reserve created Central Bank digital currency or CBDC is that it would be issued by a quote trusted source and quote. Implicit in both statements is a belief that trust is automatically achieved by involvement of a government entity. As someone who worked at the federal deposit insurance corporation, U.S. aid and New York State Department of financial services or NYDFS, often with the goal of supporting responsible innovation, I've observed firsthand how government intervention, including through regulation, can help ensure the integrity of financial markets prevent bad actors from harming consumers, and incentivize entrepreneurship and innovation in financial services. But still, I've become increasingly concerned by statements like the one that I've just quoted, which assume that public trust in government can always be taken for granted. In my experience, trust in government imposed solutions is not a natural endowment, but a privilege that government regulators must earn and actively maintain. One of the most intellectually exciting aspects of crypto is the opportunity to revisit the foundational principles regarding money, including the source of our trust. Why? For example, do we trust that a piece of paper with a president's face printed on it has value? Ask most people, and those who have an answer at all will likely say it's because our money is issued by the government, and the banks and intermediaries that manage it are subject to strict laws and oversight. But that sort of trust in government can't be taken for granted, a fact that's been documented by the Edelman trust barometer, an annual report on a regular survey of societal indicators of trust. According to the most recent addition, 48% of people globally say that government is a dividing force in society compared to only 36% who say it's a unifying force. Government is also ranked behind business, non governmental organizations or NGOs, and the media in its perceived ability to solve societal problems. And government leaders in particular are trusted the least of any type of societal leader. In the United States specifically, only 39% of people express trust in government. So what happens if public trust in government continues to decline as the Pew Research Center says it's done for the past 60 years. Will people's trust in financial products or services still be as heavily influenced by whether or not the provider of those products or services is regulated by the government. As a former financial services regulator, I've become convinced that the public's trust in our traditional financial system is coming under significant threat as a result of the loss of public confidence in government writ large. And in government regulated institutions like banks. The striking successes of cryptocurrency illustrate the fact that this threat is not illusory. If people don't trust their government or government supervised private institutions to look out for them, they can and will vote with their feet, or their wallets, and turn to alternative products and services that they believe are more deserving of their trust. When their money. Zengo crypto wallet is an unchain crypto wallet with no private key vulnerability. Leveraging advanced cryptography called NPC, which until now has only been available to multi-billion dollar institutions. Zengo is the most secure web three wallet, and the best place to keep your digital currency, NFTs, and assets secure. It's also fully recoverable using the wallet's biometric recovery kit. Get started at zen go dot com slash markets and use code markets to get $20 back on your first purchase of $200 or more. Terms and conditions apply, C site for details. Historian Yuval harari has said that money is a quote system of mutual trust and not just any system of mutual trust. Money is the most universal and most efficient system of mutual trust ever devised. This innovation has allowed us to move beyond the limitations of barter society, permitting things like urbanization, specialization of labor, and commerce at a distance. It is thus made possible to commingling of different peoples, unconnected by familial religious and other bonds that might normally engender trust, giving rise to the complex mobile civilizations that we know today. So if trust is key to determining the success of a financial or economic system and we're seeing an enduring deterioration of public trust in governments, both in the U.S. and abroad, how can crypto help fill the void? I believe that there are at least four key considerations that will determine whether or not crypto is in ephemeral experiment or the next great system of mutual trust in financial services. The first is reliability and security of the crypto products themselves. Do the products whether centralized or decentralized in their design, promote trust through transparency and resiliency. Are they reliable and predictable? What safeguards are in place to give the public confidence that they won't lose their money to a rug pull or governance hack. While bleeding edge crypto enthusiasts may be happy to undertake their own due diligence, giving rise to the term DYOR or do your own research, cryptocurrency is not going to fill the trust void if everyday users have to audit lines of computer code or Peru's Discord or telegram threads to understand whether a product is secure and reliable. The second is the public's faith in the competence and honesty of those who build and maintain the ecosystem, whether they're developers, infrastructure providers, virtual asset service providers, better known as vasp, decentralized autonomous organizations, better known as daos, investors, or others. Even if the goal is to automate as much of the system as possible and distribute ownership and control across as many people as possible through smart contracts, recent experiences shown us that crypto remains subject to the fallibility of human beings. What can be done to objectively monitor those participating in the ecosystem and shed light on those actors who exercise the disproportionately large amount of influence over it. The third is the reaction to crypto by government policy makers and regulators. Will government view crypto as a threat to the centrally controlled monetary system and use statutes designed for a bygone era, which are often ill suited to the realities of crypto markets to stifle innovation. Will it focus only on crypto shortcomings, ignoring its promise to justify draconian rules that scare away entrepreneurs and venture capital. Or will policymakers take a holistic forward looking approach, recognizing the crypto may have a very constructive role to play, particularly of trust in government, continues to erode. The fourth factor determining whether crypto emerges is a lasting system of mutual trust, may depend on how society is changing, and the preferences of the next generations of consumers. This is undoubtedly the most important part of the equation, even if it's the one least frequently discussed. America's population is changing. Gen Z or those born after 1996 is the most racially and ethnically diverse generation in American history. And the first to grow up in an entirely digital age. It may also be the generation most consistently failed by the dominant institutions of its time. Just consider what this generation has lived through, 9 11, the Great Recession, the alarm bells of climate change, the scourge of opioids, school shootings, COVID-19, record high inflation, the bifurcation of society into red and blue communities, and the rolling back of women's rights. Not surprisingly, this generation is also one of the least trusting and institutions generally, including but not limited to the government. Years from now, it would not be surprised to look back at the early 2020s as the time when consumers started to place more trust and decentralized software to manage their money than in government regulated financial intermediaries. Based on this framing of the issue to realities become clear. Money is inherently a social construct built on trust and public confidence in the institutions that have historically provided that trust is that a monumental low and continues
Talk Is Jericho
"us government" Discussed on Talk Is Jericho
"Out there. That's the volcano they believe is a dormant volcano that these craft uses. A base. And I'm kind of like, okay. But I can't explain it. It's cloudy. There's no rain. There's no thunder, but there's these lights pulsing in the clouds above volcano. So I start thinking, all right, this is atmospheric conditions, right? There's got to be gases and heat coming up from even a dormant volcano. It's going to be releasing that, playing off the low pressure system of the clouds. We're just getting that. So I kind of dismiss it, but in the back of my head, I'm like, that's weird. That is still very weird to see. And then I come back the next night, clear night. We're watching these things moving through the sky and they come flying over in a straight line and then bank off at a 90° turn and take off like a bat out of hell. They would blink at us flashing us and then take off so the third night I go out in the field and instead of looking at mount Adams, I turn around and I face everybody. And I'm looking at the back part of his property and he's got all these pine trees and tall trees back there and I'm watching and we're out there for about an hour. All of a sudden, Chris, I see this thing come out from behind one of the pine trees. It's flying like it's swimming in the sky. It looks almost like a manta ray without a tail. It swims out across the sky. It's blue. And it's like that ice pack blue, so it's got that iridescent glow to it. Yeah. It's not lighting up the sky, but it is self contained light and it flies across the sky. It was so weird. I thought this looked like a bad 1980s music video effect. I think he's projecting something. There's a screen between those trees. He just suckered me, so I start running towards it. Yeah. I grab up some rocks as I'm running towards it, and I'm throwing rocks between the trees waiting to hear that something slapped nothing. And I'm out there and I walk all the way and I walked a long way to get to that area and I walked through the trees and there's nothing there. And I come back and James is just very calm, has this kind of smirk. What'd you see? I go, I don't know, James. He goes, we'll just grab it to me. And I said, well, it was glowing blue. And it didn't fly it looked like it was swimming across the sky. It looked like it was alive, and he goes, oh yeah, he goes, those are half living half biological craft. That's how they get in between dimensions. Wow. And my brain just froze. And I looked at him and I'm like, I saw this thing. I can't think of a better explanation than what you just gave me, but how high are you? Because he was so, and then he said to me, he goes, and now that you've seen him and now that they know you're sincere about looking, you'll see them again, you'll see more. I've looked to the sky so many times and I've seen amazing light shows and weird things in the sky that once you open up to it, man, I firmly do believe there is some kind of connection that you start to get. And it's easy to write it off as you want to and maybe you're projecting and thinking and what's a normal light system or a normal craft in the sky you're allowing yourself to believe as UFOs, but if I were the only one I think I'm nuts, but I've been around other people that have witnessed these things with me and there's no explanation for it. But yeah, he talks to him. These friends with these aliens. But even whitley strieber, who wrote the book communion and movie communion, when I first had him on the show, I know our listeners were really psyched, and I was a skeptic. I'm like, this guy writes movies. Right. He was a screenwriter before this. And he wasn't a very successful screenwriter, but he was a screenwriter, and he had written before, and he had stuff out there. It wasn't until he connected with communion. So I asked him on the show, he said, so whitley, if this happened, why did you write it as a novel? Why wasn't it just your experience? He goes, oh, publishers wouldn't touch it if it was real. You know, I had to write it in a novel form. And I'm like, okay, and it's the interview progressed. He's even questioning his self on his Israel or did he imagine it? And then I ask him something and he starts, yeah, it was real. It raped me. It raped me, it hurt me. It touched me. It did these things. And I'm like, my God. Okay. We visit with him. Again, years later, totally placid about it. He said, no, there are friends. And I said, well, when you visited us the first time, you said that they were, I didn't understand what they were doing. They were just checking me out. That's what they do. And I'm like, this is weird. It's just so weird. Using the word rape takes it from checking me out to something completely different, right? Exactly. Yeah, is he like this kind of, what's that syndrome? I can't think of it. Not Nuremberg syndrome. Stockholm syndrome? Stockholm syndrome. Right, is it just that he's been visited so many times? He's just like, oh, they got to be friends, right? That's the only way they can process what they're doing. So I don't know. Each one of these claims is more bizarre than the one before it, but they're fascinating. And the people telling them, I think it's equally as fascinating to hear their story and why they believe what they believe. So as we start to wind down here a couple more things about the congressional hearings that they said that there were.
"us government" Discussed on Axios Today
"Twenty nine am on july sixteenth. Nineteen forty-five the us army detonated an atomic bomb. The first test in american history in a desert valley in los alamos new mexico at the time the location was kept secret but the huge blast woke members of the hispanic and indigenous communities living next door. This was about a month before the bombings of hiroshima and nagasaki. Henry harare was eleven years old then in a town till larussa just outside of los alamos. He spoke with our race injustice reporter russell control us about what it was like in the moments after the bomb went off at one thing i guess for flows on the slow lane radio. I'm the that dust henry talking about. Didn't just cling to close like. Henry's mom had hung up outside in also settled on people's homes. Not knowing the dust was radioactive. Henry says they wore those clothes for years and other residents took trips to the site and even brought radioactive greenglass back into their houses. Eventually people started getting sick with rare cancers. We've got a while back later. You know and people are sick in one knew while. Henry's now eighty seven. He's had his jaw reconstructed because of mouth cancer. He and other residents believe these illnesses were caused by the bomb. We had no idea no military. Didn't tell us a damn nine. I'm sorry not guan that bam word from the military and it wasn't just this bomb the. Us government has a history of endangering communities of color to produce nuclear weapons during the cold war. the government was mining uranium all across the navajo nation. These are just a few examples of what climate activists and academics call environmental racism like housing and employment discrimination. The terms away to explain that environmental laws aren't enforced equally across racial lines and that some communities especially black latino native american are left to bear the brunt of these hazardous and often deadly effects. Environmental racism can also be about access to clean air. Take the chevron refinery in richmond california for example the surrounding area is made up of primarily black and latino residents where the asthma rate is at twenty five percent. That's almost twice the state average or it can be about clean water like in jackson mississippi or storms and freezing temperatures left many black residents without water for weeks in march the movement to change all of this is known as environmental justice and inputs vulnerable communities at the center of climate policy in solutions. What rommel justice movement attempts to do is to make sure that no community is left behind when it comes to environmental protection environmental enforcement. And it's very clear that everybody is not getting the same level of protection that others who are living in the suburbs who are living in a foreign communities. We say it's not just it's not fair and it's illegal. Dr bullard is known to many as the father of environmental justice. He's a distinguished professor of urban planning and environmental policy at texas southern university in houston and he's a member of president. Joe biden's environmental justice advisory council. Today we're gonna talk about how the federal government is tackling environmental justice under the first black man charged with leading the epa administrator. Michael reagan and what. It will take to make a real change. But i i went to dr bullard to explain how we've come to understand that the environment and racism are linked dr bullard. Thanks for taking the time to speak with us. Thanks for having me. Can we start at the beginning of your career. What was the first instance of you observing environmental racism that led you to dedicating your entire career to addressing this. While that's a one it was way back in nineteen seventy nine and houston texas. I was asked by my wife to collect data for losses that he had filed us. You need someone to put on a map. All the landfills located in houston's generators garbage dumps in that was the first lawsuit being versus southwest waste manager. Cooperation challenge environmental racism in so. I got drafted in. I did the study. And i've been doing studies in writing books over the last forty forty years as a matter of fact forty two years one of your earlier books dumping in dixie race class and environmental quality came out in nineteen ninety and it was one of if not the first taxed to address inequities in the environment and climate. Was there. push back at that time for this framing for you framing it. That way of course was back. You know what. I finished a book. Nineteen eighty nine and it took me a whole year to get it published. Because i got nasty notes from publishers saying oh there's no such thing as environmental racism. The environment is neutral subjective. Everybody's treated the same. And finally i was able to get a publisher out of boulder colorado. I don't know if it's mountain high air these brown. Tofu food marijuana. Whatever they publish mobile and so that was the first book on environmental justice. Dumping in dixie. It was the first full animated textbook. That's how i got into the academy and got in the hands of lots of soaps. You have been doing this as you said for decades. How important was last year. Twenty twenty in americans understanding of how systemic racism does affect people's access to water to their sanitation to environmental justice. The summer twenty twenty was a great awakening. It was a great awakening to the fact that there was so many cascading multiple converging threats on america and particularly black america. When we saw you know what was happening with. George florida and yana taylor and others. That was about black lives matter..
Diane Rehm: On My Mind
"us government" Discussed on Diane Rehm: On My Mind
"So in retrospect that was the clear time to do it. They ended up just postponing for seven years the inevitable which was that the taliban were gonna come back into power. So what do you think could happen now that the taliban is in charge the you as is gone what. The taliban launched from the us in order to keep afghanistan quiet. Yeah that's a it's a really fascinating situation. So here's the enemy. We've been fighting for two decades yet. The taliban would like nothing more at this point then to have diplomatic recognition from the united states they had asked by administration to keep the embassy open because they want humanitarian aid and economic aid to keep flowing to the country. Afghanistan is highly the the economy is highly dependent on us aid and aid from other donor countries. And if the us turns off the taps to that the afghan Economy could collapse in the talibans. Very cognizant of this and they want support and help from the us government. There's also interesting cooperation going on counterterrorism. You may recall the cia director. William burns recently flew into kabul and met with the taliban leadership and clearly they were discussing among other things whether the taliban and us intelligence could work together against groups like islamic state in afghanistan You know islamic state's a terrorist group that is hostile toward the taliban. The taliban believe it or not is to moderate and not pure enough and the taliban is is fighting islamic state so this could be a situation where the us and the taliban actually worked together on security issues but if the us is going to recognize the taliban obviously then that's a bitter pill to swallow that saying that this this this movement that has very brutal attitudes toward women and their human rights record is abysmal. We're essentially accepting that at least tacitly if we're going to recognize him but you know this is a difficult decision. The biden administration's going to have to wrestle with. To what degree can we work with the taliban to what degree do we want to work with the taliban but the reality is there in charge and in some ways i think biden hopes to taliban can at least brings some stability to afghanistan. That's been missing for the better part of forty years there. The promised to allow women to go to school to have jobs to drive cars if they do not keep those promises and continued to terrorize. Win is the us going to continue to support them. Well this is. This is the situation right. You know and that's the question. I don't know but i'm not too hopeful that the taliban all of a sudden is is going to adopt progressive ideals and let women keep doing all that. I mean to give you one example. They already announced that their reimposing their ban on music right in afghanistan. So that doesn't give you much sense that they've evolved into the twenty first century. But this is this is the dilemma. The biden administration faces. This is not a movement or a government that shares any american values but from a security standpoint. Do we cooperate with them or not. Do we know how many americans have been left and the state department has said more than about one hundred americans somewhere between one hundred and two hundred now..
The Diane Rehm Show
"us government" Discussed on The Diane Rehm Show
"There wasn't open warfare in kabul At the same time you have threats from terrorist groups like the islamic state which was responsible for that awful suicide bombing that killed thirteen service members and more than one hundred afghans outside airport. So look it was. It was a bad chaotic situation But to me is somebody who covered the military. For many years it could have been far worse. It was clear the biden administration hadn't planned well for it. But you know we're really fortunate that the loss of life wasn't greater there could have been a plane shot down. There could have been more bombings. We could have had shootouts with the taliban for days on end so i think in the end the by administration was fortunate but you're right binds going to historically he'll be the one president who said i ended the war unpopular war But he also has to take responsibility for how that how that unfolded so how could hit to have been a better way. Well this is. This is twenty twenty. Hindsight but obama clearly wanted. He promised to end. The war in promised to withdraw. Us troops but if he'd stuck with his original plan to pull out us troops by the end of his second term at that point. The afghan government was stronger in the taliban was weaker. Now maybe in the end the taliban still would have taken over but i think the evacuation could have unfolded in a more orderly fashion. The plan was to hand over responsibility for all security to the afghan army and police during obama's term. And if he truly done that and pulled out. Us troops things would have been a lot smoother. Who knows how long the afghan government would have remained in power but that would have been on them and the us wouldn't have had this direct involvement. So in retrospect that was the clear time to do it. They ended up just postponing for seven years the inevitable which was that the taliban were gonna come back into power. So what do you think could happen now that the taliban is in charge the you as it is gone what the taliban want from the us in order to keep afghanistan quiet. It's a fascinating situation. So here's the enemy. We have been fighting for the better part of two decades yet. The taliban would like nothing more at this point then have diplomatic recognition from the united states. They had asked by administration to keep the embassy open because they want humanitarian aid and economic aid to keep flowing to the country. Afghanistan is highly the the economy is highly dependent on us aid and aid from other donor countries. And if the us turns off the taps to that the afghan Economy could collapse in the taliban very cognizant this and they want support and help from the us government. There's also interesting cooperation on counterterrorism. You may recall this director. William burns recently flew into kabul and met with the taliban leadership and clearly they were discussing among other things whether the taliban and us intelligence could work together against groups like islamic state in afghanistan You know islamic state's terrorist group that is hostile toward the taliban taliban believe it or not is to moderate and not pure enough and the taliban is is fighting islamic state so this could be a situation where the us and the taliban actually worked together on security issues but if the.
The Diane Rehm Show
"us government" Discussed on The Diane Rehm Show
"So had we not gone into iraq. You think the outcome in afghanistan might have been different. Yes i do. And there's no guarantee. I've had enormous problems and challenges and needs but if there was ever time when we could have really made a difference in strengthening the afghan institutions giving humanitarian aid and trying to put the country on its feet that time was during bush's first term when instead we spend all our attention and focus on iraq. You know the best example of this of of losing our focus it can be found in a memo that donald rumsfeld wrote just a year into the war in two thousand and two he was recounting in this memo. He had gone to the oval office to meet president bush and he told bush to generals in town this week. General tommy. franks. Who is the commander of forces in the middle east. Who is overseeing. The word plans for iraq and general. Dan mcneill and he asked the president. Can i set up a meeting for you. With general franks in general mcneil and bush said yet tommy. Franks i want to meet with him because of course we want to talk about iraq. But who's general mcneil and rumsfeld said. Well sure he's the commander of the war in afghanistan and bush said. Oh well. I don't need to meet with him so there you have it right. The president is completely focused on iraq doesn't want to spend any time on. Afghanistan doesn't even know who his top general is there and to me that that sort of set it all and twenty years later. Remind us of the cost of this war in terms of money and well the cosby still going up and up about two thousand four hundred. Us military service members have lost their lives in the war Probably more than seventy or eighty thousand were wounded there. Another eleven hundred. Nato allies and troops were killed in afghanistan tens of thousands of afghans civilians tens of thousands of afghan soldiers and police and of course. The taliban has taken heavy losses. So we don't have a precise accounting or numbers of how many afghans have lost their lives. Unfortunately but the number of afghan civilians getting killed kept going up and up each year so even as the us started to withdraw. The number of civilians getting killed was getting worse and worse up until the end We've also spent over a trillion dollars so far but when you include the indirect costs like debt payments and healthcare for veterans. And things like that. The estimates are that the war will cost us about two trillion dollars and in the end. There's very very little do show for it with the taliban now back in charge the taliban stronger now than it was back in two thousand one in their concerns about whether al qaeda or other affiliates could come back to afghanistan. What's so fascinating to me. Is of course. The whereas had seen the history of russia in afghanistan finally giving up because afghanistan was such a complex situation. You think the us did not understand that right front the beginning no they did understand that. From the beginning and we know this they. Just how do i say the lesson was right in front of our faces but and we knew about it but we didn't pay heed for very long. There's a good example of this in april of two thousand and two again just six months into the war. President bush gave his speech at the virginia military institute and he addresses this very topic..
The Diane Rehm Show
"us government" Discussed on The Diane Rehm Show
"From the public. You know if they may be had this honest conversation a long time ago. I think the were would have been shortened. We wouldn't have had to be there for twenty years. I will surprise to see name. Michael flan emerge here. Tell me a role. He played sure so today. Most people know. Michael flynn for his politics. He's he's embraced cunanan. And a lot of these conspiracy theories but for most career. He was in the united states army and he became a three star general in charge of military intelligence. He was overseeing military intelligence in afghanistan for the united states and nato during the obama administration and at that time he was very highly respected within the armed forces that he was very. He's spoke very bluntly and he engaged in all this talk that a lot of the other. Us officials did so. I actually that's how this whole project got started in two thousand sixteen. I heard that flynn had given an interview. That was part of the afghanistan papers in which he was very critical about how the war has been fought and in particular how it had been presented to the american people here at that point was just becoming known for his support of donald trump. So he was in the news. I wanted to see what he said. This was part of the lawsuit post filed against the government. we finally obtained. Flynn transcript of what flynn said in contrast with today where he says a lot of crazy things back then. His assessments were really on the mark he kept saying. You know every measurement from the field from headquarters in kabul. Show that we're not winning this war that we're losing all our commanders. It feels like we're losing slowly. So how come we keep telling the american people that were winning so the irony here is. Here's michael flynn who's got a dubious reputation these days but back then he was wearing the few who is actually telling the truth about how things were going. What were the generals themselves saying to each other well again in these interviews. We obtained confidentially. They were telling the government that things were disaster. I was shocked when i read one interview in particular with the general dan mcneill. He was the war commander in afghanistan. Twice underbush two different occasions and he said we didn't have a strategy. We didn't have a campaign plan to go over told to go over there and kill terrorists but there was no there was no plan and i was shocked. I was like what general admits. He doesn't have a strategy right. I mean it's one thing to say. In retrospect the strategy was mistaken or are we made a lot of you know we made errors but he just said we were on autopilot. Fighting this war i thought maybe it was hyperbole on his point but then there was another interview. Transcript with a british general. David richards who oversaw. Us in nato troops in two thousand six in two thousand seven and he said the same thing..
The Diane Rehm Show
"us government" Discussed on The Diane Rehm Show
"America's long as war comes to a close after twenty years. The united states has finally pulled out a bath kenniston but it was not the orderly withdrawal president biden had to hope for that takeover by the taliban the chaos at the airport the isis k. Attack that killed both the afghans and you as servicemembers letting americans in shock matinee asking. How could this happen. Craig quit his hand investigated for the washington post and author of the new book. The afghanistan papers a secret history. The war in he recounts how afghanistan became such a quagmire. And the hell. The american government misled the public about this situation on the ground. Craig join me. Thursday morning craig. The war in afghanistan is now officially over. Many americans were so shocked at what happened. It was in the orderly exit. Everyone expected why was there. Such a disconnect between what we thought was going to happen and what actually happened well. That's a really good question. It may take some time to sort out but in terms of the binding administration. You know the clearly thought that the afghan government would be able to remain in power in kabul for at least a few months and they were expecting that they'd be able to hang on and there'd be a longer transient transition period.
"us government" Discussed on Reset
"Self-driving cars why is having a hard time. Well i think a lot of it has to do with the fact that over the last several administrations obama and then trump really kind of took a hands off approach when it came to the development of autonomous vehicles. They were very mindful of this competition. That was going on in china. I think there is a worry that cracking down too hard. On the development of autonomous vehicles making committee rules was going to lead the united states to fall behind. Its competitors mainly china. We're starting to see a shift in that behavior. Though with the new administration with joe biden's administration when it comes to these investigations looking into sort of you know how tesla is developing its technology and we saw a recently a new rule came out from nitsa requiring car companies to report crashes involving either advanced driver. Assistance systems like autopilot or fully autonomous vehicles. Were expecting to get a lot more detailed information a lot. More data involved in these types of crashes and that's really a departure from previous administrations have have approached this technology. You know which is not to say that they're still trying to figure out how to approach the whole thing. A lot of this happens at the state level and you can have sort of a patchwork effect but it's pretty clear that the by the administration is trying to have a more nuanced approach to this technology. Which is still very much under development and is not really ready for prime time so the government has opened this robe and it's huge. It involves hundreds of thousands of tesla's what could happen. What happens from here. A number of different things could happen. They could issue a recall We're talking over. Seven hundred thousand vehicles are involved in this investigation across tesla's entire lineup. So that's model three model s. model x. Men why we've got the cyber truck coming out pretty soon so it remains to be seen you know what sort of tax the regulars will take to that vehicle but right now you know the vast majority of the tesla's around the road today so a recall could really sort of hamper the company's ability to market this product in the future it could affect you know the vehicles that are on the road today could require them to update the software to trade out vehicles for for new vehicles that could really end up costing the company a lot of money or they could actually you know or tesla to overhaul this product completely. This is sort of virgin territory for tesla and for regulators. So it's really kind of uncharted in terms of what actually could end up happening here. But we know how the government responds to recalls in the past. And the onus is really on the automaker to make sure that customers know what type of products they have and whether or not there's been a recall issued for those products and what they're supposed to do after that andrew i have to ask. Have you ever been a tesla autopilot. Engaged i have and You know at the time that i was in the vehicle it was working pretty well. But that's also because i knew sort of the rules and how to keep my eye on the road into to stay attentive while i was driving if i actually owned one of these vehicles and i was using it every day you know i might become complacent just like other people have and start to think that the car is a lot more capable than it actually was so you know i don't i don't really blame the customers that much. I mean it's a product that they use every day. It's your car you know you sort of. There's muscle memory involved and there's a lot of psychological behavior. I play but yeah. I mean you know. Tesla's are are exciting really technologically innovative in sort of in the right setting. They could really work really really well but under the wrong settings such as at night with a fire truck in your path things could go really tragically wrong pretty quickly. If you're.
CoinDesk Podcast Network
"us government" Discussed on CoinDesk Podcast Network
"I just like to pause here and say that. Sometimes i feel like i'm going to have a fucking aneurysm and we have to talk about this paternalistic notion that investors need to be protected from themselves. It is one of the most frustrating dismissive starting from place of negative beliefs and underestimation of people's capacity to make decisions for themselves. Things that i can imagine. Let's also talk about how in this context. At least how wrong headed it is. I've said before that if your financial adviser told you not to buy bitcoin three years ago they should be fired. That's on the basis of the fact that in nearly every year of its existence. it has been the best. performing asset. Does industry has gone from nothing to a couple of trillion dollars in a decade. And the folks that have had high conviction and long-term held have been part of one of the most extraordinary wealth creation experiments in history. That is apparently the reality that investors should be protected from all right now that i've expressed that much larger overarching frustration about having to have this discourse at all. I can get back to the main thread going back against his letter to warren. Most in the media interpreted the letter as him asking for warrants helping getting greater authority to regulate crypto and boy. oh boy. is that sentiment not sitting well with all the other departments. That touch crypto in the us government on august fourth a day after gamblers aspen speech former cftc chair christian carlo tweeted only one. Us regulatory agency has experienced regulating markets for bitcoin and crypto. And it is not the sec. It is a cftc if the biden administration is serious about sensible crypto currency regulation. It needs to nominate cftc chairman currency ftc. Commissioner brian quinn. Tens was even more vocal tweeting jus- or all clear here. The sec has no authority over pure commodities. Or they're trading venues whether those commodities are wheat gold oil or crypto assets. Perhaps then. It isn't all that surprising that on august eleventh fox business dropped a piece titled crypto wars biden administration at war with itself overregulation subtitle. No one is entirely sure whether crypto currencies qualify as a security commodity or a separate currency. Now some of you may find fox an unreliable narrator and that's fine that's your grain of salt warning but as you can see from what i've said so far. Maybe they're theme doesn't seem so crazy. So let's read. The top of the peace fox business has learned that too and possibly as many as three agencies inside the bided administration are at odds with each other over who will take the lead in regulating crypto currencies in the broader digital coin. Business complicating matters. Senator elizabeth warren democrat from massachusetts. Maybe tilting the scales in favor of one of them according to people with direct knowledge of the matter people at the commodity futures trading commission widely considered by securities lawyers to hold the most statutory authority to regulate crypto said that warren has been quietly assisting the efforts of the securities and exchange commission. Chair gary gansler to become uber regulator of digital currencies. These people who spoke on the condition of anonymity said warren appears to be backing the development of new legislation. That would give the sec enhanced powers to regulate crypto warren ranking member of the senate banking committee against their former wall street executive academic and securities regulator in the obama administration are longtime associates who share many of the same approaches to reigning in what they believe are abuses in the financial markets another regulator the consumer financial protection bureau is also weighing whether it should regulate the crypto business. Fox business has learned so this kind of ties. Everything together that we're seeing. We're seeing from warrant agains ler to the cftc and then of course as we mentioned they're still the treasury there and speaking of which on top of all of this there's representative don byer. Who in the midst of this infrastructure. Bill madness dropped an extremely long proposal for crypto legislation given that buyer had literally never mentioned crypto or been a part of crypto legislative conversations other representatives including blockchain caucus co-chair. Tom emmer straight up accused him of being just a puppet for the treasury. I don't know man what's clear is that this is a bigger issue than it's ever been. Pounds of war are barking. I'm not in these political battles other than to cover them from the sidelines. But it seems pretty clear that there are turf wars and not to be too maquiavelian about it but political turf. Wars and discord are pretty much the enemy of coherent policy. That could be good with too much infighting to get much done or it could be very bad. Such treasury lobbing bombs in from the back like this sleazy infrastructure. Bill move with clear that it's going to get a little wild in the months and weeks to come. So buckle up. I hope you're ready and from now. I hope you're having like a great barbecue or something so you cannot think about this for a few minutes. Hopefully you have a better picture of what's going on over in our lovely swamp but until tomorrow guys be safe and take care of each other piece..
Can He Do That?
"us government" Discussed on Can He Do That?
"By they want to build a more permanent presence on and the moon base on the surface of the moon space station in orbit around the moon. And what we know. Now that we didn't know during apollo is that there is water in the form of ice on the polls of the moon and that's important not just to sustain human life but water hydrogen oxygen can be used as a rocket fuel and propellant to allow us to go further. You think of the moon is like a gas station in space and that allows you to go further while at the same time helping to build the sort of commercial space industry and a lot of people think that a space if we can access it more efficiently and more cheaply than that could actually open up a new economic sphere. Not unlike what we saw with the advent of the internet at this point what are these advancements in space. What value do they have from a geopolitical perspective for our country. That's another great question so just think about the partnerships on the international space station. Where you've got things. Something like nineteen countries working together meant an enormous amount of work to keep astronauts alive in space and on the ground. There are all sorts of enormous geopolitical tensions between the united states and russia for example. But when it comes to space and partnering on the international space station they work in lockstep with each other at the same time. You're seen a growing space race. And there's some debate over this. Between the united states and china. China has shown that they have huge ambitions in space. They landed a spacecraft on the far side of the moon which no one had ever done. It just landed a rover on mars joining the united states to be able to do that. They launched their own space station into low earth orbit and are talking about partnering not only with russia but with other countries as well at a time when the international space station which is an endeavor effort led by the united states is getting older and it's unclear how much longer that will stay up there. China has shown that it has huge space ambitions and nasa administrator bill nelson has talked about one of the reasons why we need to keep exploring is the you know to make sure there's democratic american values that extend into space all right. Kristen my last question for you. You have been closely following this modern space race. What do you think will be the next phase for space exploration and is the us position to be a leader. I think the next chapter. Is you go from mercury gemini. Apollo space shuttle space station to this commercial space era. I'm really interested in human spaceflight. And it's fascinating to me that you've got not just like a jeff bezos on richard branson going up. But that soon you could have a lot more people and if you think about in the history of the world only about five hundred seventy people have ever been to space and within a five year. Say they're able to do it safely. And reliably that number grows to five thousand ten thousand fifteen thousand over the years and you have a new generation of people who have seen the earth from a distance who have seen the thin line of the atmosphere land masses without borders. that could have a profound effect. I mean remember that image taken from the apollo era of the earth pale blue dot hanging in that inky darkness of space that helped touch off the environmental movement in earth day in it's one of the most reproduced photos in the history of photography. So i think that could have a profound societal effect. And we're starting to see this with spacex and a company called axiom space taking more and more people not just unstable orbital space tourism trips but all the way to orbit as well so i think that is something to look for for sure convinced. You have the coolest job at the washington post stint..
Can He Do That?
"us government" Discussed on Can He Do That?
"In two thousand and elon. Musk family spacex. In two thousand and two and richard branson with virgin galactic in two thousand and four so this has been in developed for a number of years. And a lot of these efforts are just now coming to fruition. But this is ben a dream for some time now. Is it coincidence that this all happening at the same time or as this been gradual evolution in the time. Look the same from the start. There has been a gradual abolition. And in a lot of ways it's been led by spacex which leads the as ation of space when you talk about commercial space. You'd think about spacex. They've been out in front. Ilan founded the company in two thousand and two within six years. They had a rocket that was able to go to orbit and they started quickly entering the launch market winning contracts from nasa and then eventually the pentagon and he showed that you could actually do this and have a viable company. This relationship between spacex and nasa has been sufficiently meaningful to where we are now looking at at how we do all of our business models and that includes how we're going to resupply gateway It includes how we're going to get to the surface of the moon this business. Now you're seeing not just these launch providers but a broader space industry beginning to blossom so you mentioned blue origin spacex and virgin galactic do all of these private companies have similar goals as it just space tourism. What are they in this for. In a lot of ways they have different approaches but what they all have in common is wanting to make space more accessible such high bar to be able to get the space. It's technically very challenging. It's risky when there's a reason why governments have had a monopoly on space travel for decades. It's just too difficult. And so what they all want to do is bring down the cost and commercialize it and open it up too far more people into space more accessible. How they do that. The approaches are taking very widely. They've got different vehicles different visions for their company and ultimately what they wanna to do in the long term but they all share that theme in common for sure do they all work in some capacity with the government. Is that sort of a prerequisite to being able to have a space program to some respect they do and i think wow all. The goal is to have a free standing commercial space industry. That self. sustaining. We're not there yet. And the government in a lot of ways is very much the big driving force and a big customer still for a lot of these companies so spacex for example has contracts from nasa to fly cargo and supplies to the space station to even five astronauts to the space station. So does boeing. Boeing has a contract to fly astronauts to the space station. That sort of subsidizes their programs. In that means a great deal of that blue origin trying to win some of those contracts and has had some recent success and even virgin galactic which is looking more toward the commercial market and flying paying customers the sub orbital space tourism flights also will fly science experiments and work with nasa to be able to do that so to some extent. The government is still involved in these public private partnerships. It seems like to me. The dynamics of these public private partnerships have sort changed over the past few years at least from an outsider's perspective. It seems like now private space travel as gained momentum and some of the more scientific or more experimental stuff things to help us learn more about outer space. And i have at least sort of fall into the wayside in terms of attention. Can you explain why that's happening or if that is even happening as i perceive it yeah. That's a great observation because there has been a shift in the paradigm we've seen some dramatic changes. Take nasa for example. Ten years ago. They were looking at this. Commercial industry and a lot of people within nasa and the leadership was very skeptical of it and it was really controversial when nasa contract it out the service to fly cargo and supplies to the international space station. A lot of people thought. No this is what the government should be doing. We shouldn't be seating this to the private sector and certainly not seeding human spaceflight. I mean flying nastase most precious resource. It's astronauts to the space station. It was inconceivable that they were going to allow that to be turned over to the private sector and then they did although. I strongly support the goals and ideals of commercials access to space to folks who propose such a limited architecture. Do not yet know what they don't know. There is a merit of technical challenges in future yet to be overcome safety considerations which cannot be overlooked compromised as well as a business plan in investors. They will have to satisfy all this will lead to unplanned delays. Which will cost the american taxpayer. Billions of unallocated dollars and lengthen the gap from shuttle retirement. Today we can to the day we can once again access. Low earth orbit leaving us hostage as a nation and the private sector spacex. This show that they can do it and do it. Successfully and so to your other point like that got a lot of attention because companies like sex in blue origin. Their led by the celebrity billionaires. And they do get a lot of attention elon. Musk in particular. His goal was to create more attention for space and space travel to give nasa and the other agencies more money so that we could do more things when we went to the moon in nineteen sixty nine and haven't been back since in a lot of people thought that nasa really lost its mojo and i can see that argument but i would also point out for example that it was nasa that sent a probe to an asteroid. Some two hundred million miles away. It was nasa that most recently landed the curiosity rover on the surface of mars. And oh by the way flew a helicopter ingenuity on mark. Cutout confirmed on mars. Ready to begin speaking of life. This is still doing some big daring good things but now they've got these commercial partners that can help them along the way and a lot of people think it's the marriage between those two entities is growing commercial space sector along with the big government bureaucracy. Which has the backing of the us government. And that's how you really go do big things like going to mars and back to the moon. Is there another american industry. That works that way. Well i think a lot of people look at what's happening in the early days of the commercial space flight and they look back to the early days of commercial aviation or this was a technology that was in large part fueled by the government by world war one for example and needing jet planes to fight in that war and then after the war the postal service using aviation and then going to a commercial paradigm. And then where i flying on. An airplane was very expensive and then the costs come down and people look at these space tourism flights and they're very expensive but the hope is that the cost will come down. It's an imperfect metaphor because in commercial aviation you had the wright brothers fly the first powered flight in nineteen hundred three and by about nineteen fifty five more people in the united states or flying by airplane and commercial aviation than taking the railroad for the first time. So you have this. Massive shift in commercial aviation. We haven't seen that in space in spaces harder. It's more difficult but a lot of people think and hope that we're headed that way. The difference i think is that you have a destination when you take an airplane. You have a destination and aviation but with the space tourism. At least what we've seen from virgin galactic so far for example.