39 Burst results for "Us Senate"
Mike Gallagher Podcast
A highlight from Rep. Matt Gaetz plans to oust GOP House Speaker Kevin McCarthy
"Lots of channels. Nothing to watch. Especially if you're searching for the truth. It's time to interrupt your regularly scheduled programs with something actually worth watching. Salem News Channel. Straightforward, unfiltered, with in -depth insight and analysis from the greatest collection of conservative minds. Like Hugh Hewitt, Mike Gallagher, Sebastian Gorka, and more. Find truth. Watch 24 -7 on SNC .TV and on Local Now, Channel 525. This is your source for breaking news and what to make of it all. This is The Mike Gallagher Show. Someone has to convince President Biden that if he runs again, he's going to go down in history as Ruth Bader Biden, the person who doesn't know when to quit. I do intend to file a motion to vacate against Speaker McCarthy this week. The only way he loses his job is if a handful of Republicans join up with the Democratic Party to fire him. That would be a disaster for the future of the Republican Party. Now, from the ReliefFactor .com studios, here's Mike Gallagher. Can everybody sort of cool it with the attacks against Matt Gaetz right now? What is going on? I'm telling you what, nothing upsets establishment Republicans more than disruptors. I suppose that's why they despise Donald Trump. I suspect the same people, many of the same, not all, but many of the same people who are attacking the Freedom Caucus, the Ralph Normans and the Matt Gaetzs and the Marjorie Taylor Greens, the same people who hate them, hate Trump. You know, we all sit around, we talk a good game about fixing Washington and trying to stop the out of control spending and flushing good money down the drain after bad and getting some fiscal responsibility going. But then when somebody tries to do it, we lop their heads off. We want it to be business as usual. Now, let me qualify. If you're not following this, this has been a wild weekend. Matt Gaetz went on TV saying, I'm going to try to lead an insurrection against Kevin McCarthy. We're going to have an ouster of Kevin McCarthy. I'm going to get him out of there. I'm going to get Democrats to side with me. There's all kinds of reporting that he's even offering subpoena power to the Democrats because he really doesn't like Kevin McCarthy. We get it. Kevin McCarthy gets it. Matt Gaetzs has never liked Kevin McCarthy. These guys are going to be butting heads forever. OK, so be it. McCarthy led to the...was able to avert a government shutdown with no funding for Ukraine. I think that's a win. I don't know that it's a win with a capital W, but it's a win. We got through it. With hours to spare. So Matt Gaetzs is livid. I guess he wanted a government shutdown. OK. He's an elected representative. He's representing his constituents in Florida. He can feel the way he wants to feel. And, you know, if he wants to take on Kevin McCarthy, all right, so be it. Might not be a great idea. It seems to me Republicans have some momentum right now, and this threatens that momentum. But having said that, I don't know why people on our side are attacking Gaetzs the way they are. Mark Levin, who I consider a friend, I actually love the guy. I think Mark Levin is one of the smartest guys around. He's calling Matt Gaetzs a traitor. Literally a traitor. Mark Levin posted of Matt Gaetzs, This clown is a Benedict Arnold. He killed a CR slashing spending by 8 % and strengthening border security. Now he plots and schemes with the most radical Marxist Democrats in the House, including AOC and the Progressive Caucus. Reject this demagogue. He is the uni -party leader, and he has no intention of cutting spending or securing the border. Boy, that seems a little harsh, don't you think? I mean, Trump is the ultimate disruptor. And it's going to be fascinating to see what exactly Trump does with all of this. Now he's in New York today trying to ward off this wack job, you know, civil suit against him. And he's sitting in on day one of his trial. But here's what Matt Gaetzs said on CNN over the weekend as a result of Kevin McCarthy heading up an effort to avert a government shutdown. It apparently enraged Congressman Gaetzs, who took to CNN and said this. Speaker McCarthy made an agreement with House conservatives in January. And since then, he has been in brazen, repeated, material breach of that agreement. This agreement that he made with Democrats to really blow past a lot of the spending guardrails we had set up is a last straw. And then overnight, I learned that Kevin McCarthy had a secret deal with Democrats on Ukraine. So as he was baiting Republicans to vote for a continuing resolution without Ukraine money, saying that we were going to jam the Senate on Ukraine, he then turns around and makes a secret deal. Now, I know you and I probably have different views on U .S. involvement in Ukraine. But however you think about that question, it should be subject to open review analysis and not some backroom deal. So a motion to vacate tomorrow? I do intend to file a motion to vacate against Speaker McCarthy this week. I think we need to rip off the Band -Aid. I think we need to move on with new leadership that can be trustworthy. Now, this gets complicated because Speaker McCarthy is going to have to rely on Democrats to come to his rescue. If enough Democrats side with Matt Gaetz, guess what? McCarthy might be out. And you could have an argument, we could have a solid substantive debate about whether that's good or bad for us. You know what's good for us? I don't think there's any dispute. Disruptors. Do you want more of the same? Are you OK with business as usual in Washington, D .C.? Are you satisfied with the way things have been going? With the reckless spending and the over -the -top nonsense like writing Ukraine a blank check. I have to tell you, with the exception of Mark Levin, and I have tremendous respect for him, I don't know what's up with why he would call Matt Gaetz a traitor to his country. Matt Gaetz may not be everyone's cup of tea, but I thought this is a time where we all agreed that we needed some disruption. I thought this was a time when we expect fighters in Washington, not people who are going to play footsie with the Democrats. And most importantly, I don't like, pardon my metaphor here or my imagery, but I don't like hearing people urinate all over the millions of people who are lifting Matt Gaetz and Marjorie Taylor Greene and the other fighters in Congress up. What does that say about what those of us with a platform think of millions of people who want a good old -fashioned street fight in Washington over out -of -control spending and fiscal irresponsibility? I mean, I'm not trying to be wishy -washy on this. Again, I think McCarthy has done a pretty solid job as Speaker of the House. It can't be easy. It's not easy. You've got a lot of warring factions within the GOP, and the problem is the Republicans have some momentum right now. And I don't want to see anything interrupt the momentum heading into November. We've got an important election in Virginia. We've got big things coming. I just, I'm absolutely mystified at the vitriol that a lot of people are demonstrating towards Matt Gaetz. I don't think that's helpful. I don't think that's productive. Can't we disagree respectfully? Because I have a lot of respect for the millions of people, many of whom listen to this show, who believe that disruption is in order. I have a lot of respect for people who appreciate what Matt Gaetz is trying to do. Even if it may be the wrong outcome, even if I might disagree with trying to oust Kevin McCarthy, I don't like the wild -eyed attacks that I'm hearing directed towards these renegades in the House. Because I just think it's very, very disrespectful to millions of people who appreciate what Gaetz is trying to do. Now, do you agree with this or not? We've got a lot of text messages already pouring in on the MyPillow text line as we kick off the first Monday in October. It's October the 2nd, 2023, here in the Relief Factor studios. Here's where people are texting me right now. Here's Pennsylvania. I don't want more of the same. I think Mark Levin is a warmonger. Here's Colorado. I 100 % agree with Mark Levin. Matt Gaetz seems like he's a glory hound who hates McCarthy. He wants to oust Kevin, but he has no plan to replace him. And finally, people are attacking, this is from Ohio, people are attacking Matt Gaetz because he's an idiot. And the people who voted him in are idiots. He just wants to make a name for himself, hoping to be governor of Florida. Well, what do you think? Let's find out. I want to open up the Ph .D. weight loss and nutrition phone number to you. 800 -655 -MIKE, 17 past the hour. Do you understand my point about respectfully disagreeing with what the Freedom Caucus and the others are doing with McCarthy without taking their heads off? Do you agree with me that Matt Gaetz reflects the disruptor status that Donald Trump gave us and why we love Donald Trump? Does that make sense to you or am I missing the boat here? Straighten me out. If you disagree, you go to the top of the line. But however you feel, I want you to join us. Flood the zone here with your phone calls. I want to jam our phone lines with your voice, with your perspective. Again, the Ph .D. weight loss number is 800 -655 -MIKE, 800 -655 -6453. Hope you join us.
Mike Gallagher Podcast
Fresh update on "us senate" discussed on Mike Gallagher Podcast
"Some people with platforms pretend not to hear you, just completely ignore you. And I suspect a lot of it has to do with some arrogance. They're the smartest kids in the room. They know better than everybody else. It's their way or the highway. And I'm sorry, there is a way to have a substantive dialogue about what Gates is trying to do and not completely crucify this guy. 800-655-6453, tell me where I'm wrong. I know where I'm right, and that is to defend and fight for life. Do you see what Gavin Newsom is trying to do in California with this woman that he wants to employ? This LaFonza Butler. She is going to become California's newest senator. She's registered to vote in Maryland. Registration records, according to the Washington Examiner, indicate that LaFonza Butler lives in Silver Spring, Maryland. She's registered, of course, as a Democrat. She's the president of Emily's List, the self-described nation's largest resource dedicated to electing Democratic pro-choice women to office. Because, you see, that's all that matters to Gavin Newsom and the Democrats. You don't have to be a Californian to represent Californians in the U.S. Senate. You have to worship at the altar of abortion. That's what these folks are all about. That's all that matters to them. Being about abortion is more important than even living in the state that you're supposed to serve. I'm going to pull the curtain back a little bit here. This is our final week of our pre-born campaign. We had a goal of about $36,000, which was not... We've had much bigger donations in the past. And you know something? I'm not going to lie to you. We're way behind in terms of what I thought we would be. And so when you hear this story out of California, how about taking two minutes out of your day and funding an ultrasound for a pregnant woman? A woman who we know statistically is more likely going to choose life when she sees that baby growing inside of her. It's our pre-born campaign. And I really, really need your help because we're only at about 30% of our goal right now. It doesn't take much. If everybody listening right now will donate $100, we'd exceed our goal today. A single gift of $28 will give a mother who is thinking about an abortion the chance to see the truth of that baby growing inside of her. And I have to admit, I'm surprised that we're not just knocking the socks off this campaign. 100% of your gift is going to go towards providing ultrasounds. So please take a moment and call 833-850-BABY. Whether you want to save one baby for $28 or five, that's $140. We know that pregnant girls and women who can see their babies on an ultrasound are far more likely to choose life. Won't you support our pre-born campaign? Help us get over our goal this week of $36,000. I guarantee you, you've got the ability to step up and help us cross the finish line. Please call 833-850-BABY, 833-850-2229 or you can go online and click on the pre-born banner at MikeOnline.com and thank you for supporting life. I mean, can you imagine not caring that the woman is a resident of Maryland? Oh, she checks all the boxes. She's black. She's a member of the LGBT community. She's pro-abortion. That's what matters in California to Gavin Newsom. That's what matters.
Tech Path Crypto
A highlight from 1274. Shutdown Delayed, Uptober Begins | Crypto Market Outlook
"All right, so here we are. It is October, October. You get the message here. We're going to dive into that today and find out if Bitcoin and some of these great crypto assets are actually on the move or we're going to get a correction here. We'll break it all down for you guys today. My name is Paul Bearer and welcome back in to Tech Path. All right, let's jump into it. Before we get started, let's go over to iTrust Capital. If you guys are looking at doing some long -term holding on your crypto assets, one of the ways you can do it is through a crypto IRA. So check it out right here, itrustcapital .com. It's the number one crypto IRA platform in America right now, $7 billion in transactions, 200 ,000 accounts created. Definitely, they are killing it over there. Use our link down below. It's going to give you a $100 funding reward. And of course, we get a little help from iTrust to help you guys continue to see this content for free. So that's one of the ways you can help us out. All right, let's get into a couple of the notes today and really kind of talk about where and what has been happening over the weekend. Obviously, Bitcoin's been up. Most of the top 20 have been up. And for the most part, we've even seen some of the Web3 projects also get some good positive action. So what's causing that? Obviously, the biggest issue was the, I guess, the scenario that played out right now over the weekend where we actually came to an agreement, somewhat of an agreement, to not shut the government down, which is always helpful. Kobe Easey comes in and says, breaking Senate vote approved the short -term funding bill to keep the U .S. government open till November 17th. Not bad, 45 days away. This bill includes $16 billion in disaster funding and keeps the U .S. government open for 45 more days. The U .S. government is seeing a new crisis every month now. What's going to happen in 45? I think that's the big question right now everybody's asking is, do we see maybe the month of October as our correction month? And then we have to kind of go into a realization that we're back to where we started. Love to get you guys' feedback on that. What do you think is going to happen here in the month of October? Drop some comments down below. Make sure and smash the like button because it does help us get into the algorithms and help other people kind of explore what's happening in the market. Let's listen to what Mr. Chuck Schumer had to say about this. Let's play this clip for you guys. It's been a day full of twists and turns, but the American people can breathe a sigh of relief. There will be no government shutdown. Democrats have said from the start that the only solution for avoiding a shutdown is bipartisanship. And we're glad that Speaker McCarthy has finally heeded our message. In the end, more Democrats supported this bill in the House than Republicans, proving bipartisanship was the best answer all along. I want to thank my colleagues here in the Senate, especially our appropriators, yourself, Madam President Susan Collins and Leader McConnell. Our bipartisan work in the Senate set the tone for the bill we're about to pass. Our bipartisanship made this possible and showed the House that they had to act. All right. So you saw a couple of things here with Schumer, and that is the whole scenario around the bipartisan approach. A lot of Dems had to come into play on this. Obviously, the Republicans were the ones that were seemingly holding a lot of this back. Now you even have Gaetz really pushing hard against McCarthy, trying to dispose him as the speaker. There's a lot happening there, and it's going to continue to push forward into next month when all of this has to go right back to the drawing board and redo this. So this could get a little up and down. And especially I'm concerned with November because of the scenarios that we will see in both the jobs numbers, the Q4 will start to play out in the sense that we'll start to see what's happening in the markets itself. And it could be a very bad timing for this to occur again. So hopefully this all gets corrected and playing into it. Let's listen to what Squawk Box had to say about this and the impact it might have on the markets. Listen in. Joining us now is Jared Bernstein. He is the chair of the President's Council of Economic Advisers. And Jared, let's talk about this. We have a deal that nobody really expected we'd see. So we made it through this weekend. But what happens in the next 45 days? Well, first of all, good to see you, Becky. This is good news for the American people in the sense that an unnecessary crisis that would have inflicted pretty deep and wholly unnecessary pain on millions of Americans has been averted. That's good news for over 1 million active duty troops, for over 7 million women and kids who risked lacking nutritional support for travelers because of the reauthorization in this bill of the FAA and disaster relief that was also in this continuing resolution. But it did not have to happen. I think what you just played from the president is, of course, exactly right. He shook hands. He had a deal. In fact, there was a law passed with McCarthy back in in June, in early June at the end of the debt ceiling debate that was designed specifically to avoid this Senate. All right. So, you know, they kind of take doing their victory lap, even though I think it's a little bit premature. But the point is, is that there was a huge economic disaster that was averted. So I think that's the positive news. Obviously, the markets responded in such ways that have helped adjust for that as well. But that's not necessarily all of it. We've also seen some other implications coming across from external resources out there in the markets that have caused a little bit of this movement. I think the question everybody's asking now is, is Bitcoin going to continue higher or are we going to start to see Ethereum start to adjust now? Do we see some of the projects like Solana, Avalanche, etc. start to really fly? We'll break into all of those. So don't miss those. We'll look at some charts for you guys as well. I want to go over to a couple of stories here. Why Bitcoin prices up today? A couple of points that were hit on here. US shut down a version, obviously, and also the ETF launches. Now, that is the opportunity. Because remember, Ethereum ETF launches today. And the other idea around this is that when you look at not only the Bitcoin opportunity for ETFs, by the way, if you're not following our market sentiment indicator, you guys should because we are tracking both the Bitcoin and the ETF, the spot ETF sentiment as a whole. It's interesting to see that sentiment kind of go up and down. But the point that they're hitting on in this article is that October is historically one of Bitcoin's best months and is often called October, named in today's video. Bitcoin's October overall. You can kind of see the rundown right there. That green line right there, as you can kind of see where I'm waving my cursor, almost all green over the years going all the way back to 2013. So not bad. Nearly 43 million worth of shorts were liquidated. That's another scenario that plays into that. And of course, I think when you look at the general move with what Bitcoin had to do, I think this is going to be an interesting week ahead of us. Now, there's a lot more that could be happening this week that could still maintain Bitcoin around the $27K to $28K range. That will be a very, very interesting thing to watch because if Bitcoin starts to edge toward around $28K, this is where it's going to get interesting for the future. All right. A couple of things I want to hit on. Right here is Ben Cowen talking about lucky number seven. First green September for Bitcoin in seven years. That's a good sign. But is it a short -lived sign? That's, I think, is really the scenario that plays into this. Sellers have lost momentum. Buyers are now in charge. Target is near the top of the range right now. If it breaks this range that we've been talking about, which I'll show you the chart here in a second, that Bitcoin has been moving to. If you look at just here on the daily, right there is that little high right there around $25 .73 and a little bit. And then, of course, the red candle started to point its way down on the hourly on Bitcoin's move over the last $24. So interesting moves for sure. How are you guys playing this? Is this a zone? Because this has been up and down on the sentiment charts for us. We still see sentiment somewhat waffling with Bitcoin. Not necessarily as much with Ethereum, but definitely with Bitcoin. But the real question is can we hold around this $28K mark, which is where we're hovering right about now. All right. Other things. China's central bank continues to stimulate. So reverse repo injections now at levels not seen since 2020. This is another factor that plays into it. China is starting to inject liquidity. This, of course, causes movements in the markets. It also causes some ripples in the markets as well, because I think China is going to be one that we have to continue to be cautious about in the sense of awareness of what's happening in China, both from a real estate standpoint, but also just from their GDP and their economic growth. Those are the other things that play into this. A couple of reports from Chain Analysis that are kind of interesting here. I thought this would be larger, and it's not. But right now, eastern Asia, fifth most active crypto market accounting for 8 .8 % of global crypto activity. And this is July 22 through June 23. So it kind of gives you a little bit of insight to that. Point is that you do have a significant amount of the market that is in control. Remember, the United States still has a large percentage of what is happening around the world in crypto markets, ironically, without legislation. Can you imagine what is going to happen with legislation and institutional adoption really kind of playing forward? That's where it's going to get super. I think that's when we're going to start to see some big market moves overall.
Morning News with Manda Factor and Gregg Hersholt
Fresh update on "us senate" discussed on Morning News with Manda Factor and Gregg Hersholt
"Dumped onto wildfires from airplanes should not be subjected to federal environmental rules. That's according to US Congress members who are pushing back against environmental lawsuits. Northwest News Radio's Corwin Haake explains. As Western fires grow in size and intensity aerial attacks frequently include dumps of bright magenta based fire retardant. But there's collateral damage according to the lawsuit. The chemicals pollute forest streams killing salmon. The mayor of Paradise California destroyed by fire two years ago and the city of Orange County is still in the lead. He says he'll take that trade any time. It's very hurtful for people that have gone through this to listen to people say well this could get into some waterways and hurt a few fish. Mayor Greg Boland spoke to KOVR -TV in Sacramento. The lawsuit filed by a group called Forest Service Employees for Environmental Ethics says firefighters who want to use aerial fire retardant should apply for a permit via the federal Clean Water Act. A new US Senate bill would exempt wildfire fighting from that often lengthy permitting process. Among the bill's prime sponsors are both of Idaho's senators Republicans Michael Crapo and James Corwin Haake, Northwest News Radio. All systems go on the demolition and construction of new a Memorial Stadium at Seattle Center. All the parties got together yesterday to celebrate a milestone that's been months in making. the Como 4's Chris Daniels was there. Seattle school superintendent Brent Jones says the district and voters its are finally ready for change after approving the Capitol Levy last year to tear down the 76 year old stadium and begin anew. The Seattle City Council approved a resolution last week to commit funding in the public private partnership, which includes millions from the nonprofit One Roof Charitable Foundation. People don't realize or often overlook is the campus is just right behind there. Marshall Foster is the Seattle Center director. The funding we're putting in is actually creating some operation spaces that serve Seattle Center that are actually underneath these seats that a lot of people don't know about. All the parties believe a new Memorial Stadium at Center Seattle could open by the summer of 2026 or early 27 at the latest in Seattle. Chris Daniels, Como News, Northwest News Time 1239. We have an update on sports next. If the most stressful part of your day is getting your kids or even just yourself out the door on time every morning, Tim and his team at Creative Closets can help. Look, if you're organized, your family is organized. So if it's messy closets, a cluttered kitchen pantry, Every home office or a chaotic garage, Creative Closets does it all. And for a limited time, they'll knock 30 percent off your entire project to Creative Closets will bring the showroom to you and will design your project on the spot, complete with 3D renderings all in the comfort of your home. And when it comes to installation, Creative Closets can get job your done in just one day, backed with lifetime work and product warranties. There's a reason why they have hundreds of five star Google reviews. Creative Closets is the premier closet designer in the Pacific Northwest. Now is the time to call, too, because Creative Closets is knocking 30 percent off your entire project. Schedule your free in -home design consultation today. Go to Creative Closet Organizers dot com. That's Organizers Creative Closet dot com. Well, 40. Time for an update sports on from the Beacon Plumbing Sports Desk and Bill Swartz spoon helps the Seahawks stick a fork in the Giants. What? Here's Bill. It was a spectacular Monday
Unchained
A highlight from SBF Trial: How Sam Bankman-Frieds Lawyers Might Try and Win His Case - Ep. 551
"Very to dangerous call the defendant. However, you may be in a situation where the government puts their case on and you are going to lose. There is no way you're winning. You're only shot as a Hail Mary. Okay, let's put them on. The other side of the coin is it's very powerful when a defendant testifies. It makes it much harder for the jury to convict. They're not dealing with characterizations of a person anymore. They're dealing with that person. They have heard the person speak intimately in a courtroom. And even in cases I've had where a defendant testified, even when the jury ends up convicting, it often takes them longer to get there because it's a harder decision when a human being testifies to them. Starting on Tuesday, October 3rd, the day this episode airs, the world will be watching the criminal trial of the United States versus Sam Bankman -Fried. In this episode, my guests Kayvon Sadeghi and Samson Ensor unpack what it is we're likely to see in the trial, starting with what kinds of potential jurors it is that both the prosecution and the defense will want to deselect from the jury poll this week, why it's even gotten to the point of a criminal trial given that three co -conspirators have already pleaded guilty, what the core of the trial centers around, and why it is, they think, the fact that it involves crypto won't matter. Plus, they explore the effectiveness of one potential defense from Bankman -Fried's side, the so -called advice of counsel defense that says that FTX's own lawyers approved of the company's actions. And finally, they raise the question that everyone will be looking for. Will Sam testify? Hi, everyone. Welcome to Unchained, your no -hype resource for all things crypto. I'm your host, Laura Shin, author of The Cryptopians. I started covering crypto eight years ago and as a senior editor at Plurbs was the first mainstream media reporter to cover cryptocurrency full -time. This is the October 3rd, 2023 episode of Unchained. Buy, trade, and spend crypto on the Crypto .com app. New users can enjoy zero credit card fees on crypto purchases in the first seven days. Download the Crypto .com app and get $25 with the code Laura. Link in the description. Vaultcraft by Popcorn is your no -code DeFi toolkit for building automated non -custodial yield strategies. Learn more on vaultcraft .io about how you can supercharge your crypto portfolio. The game has changed. The Google Cloud Oracle built for layer zero is now securing every layer zero message by default. Their custom end -to -end solution sets itself up to bring its world -class security to web three and establish itself as the HTTPS within layer zero messaging. Visit layerzero .network to learn more. 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.
Evening News with Art Sanders
Fresh update on "us senate" discussed on Evening News with Art Sanders
"Welcome back at fifteen till I'm John trout you're listening to America in the morning California Governor Gavin Newsom is facing sharp criticism for his choice to fill the late Diane Feinstein's US Senate seat Jim Rupp reports from Los Angeles the biggest argument on Sunday about Lafonsa Butler who Newsom has appointed to fill Feinstein's seat is that she's not a California resident Republican State Assemblyman James Gallagher suggests it's an inside move it was a completely political move by Gavin Newsom to appoint his friends you a know consultant that's worked with him that's helped him that's helped Kamala Harris on her campaigns to essentially block Barbara Lee who is the leading you know African American candidate on the Democratic Party right now in a way Gavin Newsom actually blocked the most viable African American candidate in the Senate race Butler lived in Maryland since 2021 when she took a job with the political action committee emily's list which provides training recruits endorses and funds pro -choice female political candidates Newsom says however prior to that she did live in California still has a house in Los Angeles she was a campaign strategist for now vice Kamala president Harris and in 2015 served as vice president of the service employees International Union the nation's largest home care workers union and she has since Sunday re -registered as a California voter in response to the criticism that of 40 million Californians Newsom one could not to find fill that senate
The Crypto Overnighter
A highlight from 687:Bitcoins U.S. Shutdown Surge, SBFs Trial, and Coinbases Singapore Milestone
"Good evening and welcome to the crypto overnighter. I'm Nicodemus 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 10pm Pacific on Monday, October 2nd, 2023. Welcome back to the crypto overnighter where we have no sponsors, no hidden agendas and no BS. But we do have the news. So let's talk about that. Tonight, we delve into the intricate dance between the crypto world and various power structures. Will Bitcoin maintain its golden status amid government turmoil? What's at stake for Sam Bankman Fried as he faces a monumental trial? As Ross Albrecht marks a grim milestone, we look back at Silk Road's complicated legacy. Meanwhile, Coinbase gets a warm welcome in Singapore. But what does that mean for its U .S. operations? Swiss Bank UBS is making waves on the Ethereum blockchain and Grayscale aims to revolutionize Ethereum trading. Lately, we've been talking about the recent political drama that could have led to a U .S. government shutdown, but it didn't. And Bitcoin reacted in a way that's worth discussing. At the 11th hour, Republicans and Democrats struck a deal to keep the U .S. government running for another 45 days. This is not a permanent solution. It's a Band -Aid. The disagreements over funding levels, borders and the Ukraine -Russia war are still there. But for now, the government stays open and the U .S. citizen bears the brunt of this political circus. Now let's talk about numbers. As news broke, Bitcoin shot up over 3 % to hit 28 ,000. It also collided with its 200 week moving average, a critical resistance level. As of the latest data, Bitcoin is sitting at $28 ,360 apiece. If it consolidates above this level, we could see it test the local high of just under $32 ,000. Bitcoin's dominance in the crypto world also spiked well above 50%. On the flip side, the Dow Jones Industrial Average declined 171 points or 0 .5%. The S &P 500 fell by 0 .3%, while the NASDAQ composite rose 3%. So while traditional markets were shaky, Bitcoin showed resilience. Jay Hatfield, CEO at Infrastructure Capital Management, attributed Monday's tech sector rally as a relief sentiment from the averted shutdown. But he also pointed out that interest rates are the dominant factor in trading right now. The Senate passed the resolution just before the midnight deadline, and President Biden signed it into law. Initially, equity futures were in the green, but they fell into the red before the markets opened. Why? Because investors are now focusing on surging interest rates near 15 year highs. The 11th hour deal to avert a U .S. government shutdown had a ripple effect on financial markets but none more pronounced than Bitcoin. While traditional markets like the Dow Jones showed a decline, Bitcoin sees the moment, surging past significant resistance levels. This is a testament to Bitcoin's resilience and its role as a sort of financial safe haven during times of political uncertainty. The Dow's decline in Bitcoin surge presents a stark contrast. It's almost as if the investors are saying they have more faith in a decentralized digital asset than in the stability of the U .S. government. And if so, who could blame them? Both the Dow's dip and the spike in the 10 year treasury yield indicate that traditional markets are still heavily influenced by government actions and are not immune to the chaos of political breaksmanship. Bitcoin's dominant spiking above 50 % is another key takeaway. It's not just leading the crypto bull market, it's dominating it. This could be indicative of a broader shift in investor sentiment, favoring Bitcoin over other assets including altcoins. The 45 day extension gives Bitcoin another window of opportunity. If the bulls can maintain momentum and keep Bitcoin above its 200 week moving average, we could see it test new highs. But let's not forget, liquidity is still scarce. Unless another significant event prompts more U .S. dollar printing, progress may be slow. Yet the message is clear. In a world where traditional systems are showing cracks, Bitcoin offers not just an alternative but perhaps a better way forward. In essence, Bitcoin has once again proven its mettle by not bowing to political uncertainties. It's a reminder of why we're all here. For a financial system that doesn't play by the rules of centralized entities. That Bitcoin resilience? It may help us weather storms like what SBF is facing. Speaking of Sam Bankman -Fried, his trial kicks off tomorrow and it's far from a simple legal hiccup. Here's what's unfolding. And hey, if you're as glued to these narratives as we are, hit that follow button. You won't want to miss a beat.
WTOP 24 Hour News
Fresh update on "us senate" discussed on WTOP 24 Hour News
"On. Former President Donald Trump spent hours in a New York City courtroom. CBS's Astrid Martinez explains why. During the day Trump lashed out against the judge in the non -jury trial and New York Attorney General Letitia James. She is seeking 250 million dollars in penalties and a ban on Trump doing business in New York. A suspect is in custody and a nine year old girl is safe after she was kidnapped in upstate New York. Governor Kathy Hochul on the investigation. There had been a DWI in 1999 in the city of Saratoga. A fingerprint was found that matched what was found on the ransom note. CBS News Brief, I'm Wendy Gillette. And this week marks the swearing in of a temporary replacement for late Senator Dianne Feinstein who died last week at 90. History will be made in the US Senate when LaFonza Butler is sworn in to fill the seat of the late California Democrat Dianne Feinstein. Butler is president the of Emily's List, a fundraising group that backs female candidates who support abortion rights. She the will first be openly gay senator to represent California and the only black woman in the US Senate. Butler will fill the seat at least until next year's election. That, of course, was CBS Evening News anchor and managing editor Nora O Good 'Donnell. morning, welcome in. 338 on WTOP. Glad you're with us today. Let's check in with Rich Hunter Listeners called in to a southbound 210 approaching Livingston Road that at that point is Maryland 373. A single file left gets you by the work zone. A lot of equipment out there, not much in the way of
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1419: Bitcoin ETF Will Push BTC Price to $400,000 - Scaramucci
"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 everyone to the number one daily Bitcoin pod. Let's get it. In today's show we'll be breaking down the latest technical analysis as Bitcoin recaptures $28 ,000. In this just in, Japanese 10 -year bond yields are surging, hitting the highest levels not seen in a decade. Max Kaiser's response, the yen -carry trade borrowing yen at virtually zero and investing in higher yielding currencies is broken. This has been the mother of all Ponzi schemes funding global financialization for 30 years and now it's moving in reverse. He also says the Bitcoin is a state of heaven that exists entirely beyond anyone's reach except the owner preach. Also in today's show VanEck, Ethereum strategy ETF set for the CBOE listing. We'll also be discussing FTX founder Sam Bankman -Fried. Mold giving Donald Trump five billion dollars to not run for president. That's right. We'll also be discussing Grayscale submits and SEC filing to convert the Ethereum trust to a spot ETF. I'm also going to be sharing with you a Bitcoin price prediction model which suggests $170 ,000 per BTC in 2025 as well as skybridge capital's Anthony Scaramucci says Bitcoin ETF can push the Bitcoin price much higher in early 2024. In fact they'll be sharing with you Scaramucci's $400 ,000 Bitcoin price prediction alongside 1 billion Bitcoin users. We'll market all this plus so much more in today's show. Yo what's good crypto fam. This is first and foremost a video show so if you want the full premium experience with video visit my youtube channel at Cryptonewsalerts .net. Again that's Cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1419. I'm your host JV. Today is October 2023 2nd as the October pump continues. Let's freaking go. Shout out to everyone today in the live chat. Make sure to let me know where you're tuning in from. Of course at the end of the show I'll be reading everyone's comments out loud as this is a live and interactive show. Seven days a week and the after party FYI will be on rumble. So let's get it. Let's kick off today's show with our market watch as we do each and every day shall we. As you can see here on coin 360 we got Bitcoin up roughly 3 % for the day trading at roughly that 28 ,000 mark just under it. We have Ether consolidating trading under $1 ,700 while BNB, Cardano and Solana are all in the green and checking out coinmarketcap .com. We're finally climbing again at a market cap of 1 .09 trillion. We've been stuck around this 1 trillion level for quite some time. We got roughly 46 billion in volume in the past 24 hours meaning volume is up roughly 60 % and Bitcoin dominance is massively on the climb. I think the bull market is in full gear 49 .6 % for BTC with the ETH dominance at 18 .3 % and checking out the top 100 crypto gainers in the past 24 hours Satoshi vision leading the pack up 23 % trading at $39 .37 followed by e cash up roughly 9 % followed by Bitcoin cash. Now it's interesting that the Bitcoin forks are the top gainers for the day. I think anything associated with the name Bitcoin is pumping. It is what it is and checking out the top 100 crypto gainers of the past week Satoshi vision lead in the pack here up 23 and a half percent alongside our LB up roughly 12 % and XCC up roughly 9 % and checking out the crypto greed and fear index we're dead in the middle 50 which is neutral yesterday was a 48 last week a 47 and last month a 39 in fear. So there you have it fam how many of you are currently bullish on the king crypto now that we in October let me know and make some noise and put God candle and maybe the Satoshi and God's watching above will send it let's freaking go and with that being shared fam now let's dive into today's Bitcoin technical analysis and check out some of the charts and what's popping with the king crypto where Bitcoin is likely to go next Bitcoin aim for 25 at the October 2nd Wall Street open at a bullish start as the month continued which you can see here in the Bitcoin one -day candle chart data from Cointelegraph and trading view showed Bitcoin price action staying strong into October's first US trading session Bitcoin made swift gains into the weekly close following a contrastingly cool monthly candle completion that saw Bitcoin finish at 26 ,000 970 now popular analyst right capital says this monthly close despite now being more than 5 % below the spot price called for caution quoting him here Bitcoin performed a September monthly candle close below twenty seven thousand one hundred and he also said technically that black line was solidified as resistance for September so he acknowledged the October breakout but said this would invalidate the bearish predicament should it endure now he also says because the Bitcoin monthly closed below the black line there's always going to be a chance that this price action could end up as an upside wick as he shares here alongside this chart Bitcoin offered upside wicks of up to 8 % long before but right now Bitcoin is up four and a half percent this month so technically anything up to twenty nine thousand four hundred could theoretically end as an upside wick so there you have it let me know if you agree disagree with the analysts 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 now closer to home market observers noted the ongoing encouraging signals on the exchange order books quoting jelly here spot bid continues while funding is negative this reeks of disbelief and as he shared here Bitcoin still spot -driven perhaps haven't done much yet to be honest yeah so Bitcoin shrugs off fresh US dollar surge just as eager to hit new local highs in the day was the US dollar after Congress avoided a government shutdown the US dollar stays the sharp rebound from losses seen late last week and at this time the DXY circled 106 .7 barely point two points off its recent 2023 highs and for crypto analyst Nebraskan Gooner a breakout from here would put 108 in play mark in new 11 -month highs as outlined right here now it's interesting the Bitcoin is pumping alongside with the dollar is usually it's inversely correlated maybe it's a sign of the times now together with the hype on yields and the oil prices economist Mohammed el -irian described the DXY strength as neither the US economy nor the markets enjoy Bitcoin nonetheless remain unfazed let's freaking go and as Kaiser points out here well he responded to this news the Japanese 10 -year bond yields are surging hitting the highest levels not seen in over a decade max responded the yen carry trade borrowing and at virtually zero and investing in higher yield currencies is broken this has been the mother of all the Ponzi schemes funding the global financial ization for 30 years and now it's moving in reverse and quitting max again Bitcoin is a state of heaven that exists entirely beyond anyone's reach except the owner preach that's why everyone needs to be stacking them sass and with that being shared fam now let's break down our next breaking story of the day a theorem ETF futures launch today October 2nd that's right check it out investment management firm Vanek is set to launch as a theorem strategy ETF today October 2nd with the product now listed on the website under the ticker EF UT and set for trading on the CBOE the Vanek a theorem strategy ETF will look to accrue capital by investing into a theorem futures contracts and has no direct exposure to eat the fund will expose cash settled eat futures contracts on CFTC regulated commodity exchanges Vanek also touts the benefits of the product being a C Corp structure which includes tax benefits the long investors compared with registered investment company structures here's the announcement here on X from Vanek when you are ready enter the ether how many of you have seen this commercial let me know in fact they launched two of them they're quite fascinating the investment manner has been advertising the launch of the East spot ETF on its social media accounts over the past few days with to enter the ETH themed TV commercials promising the upcoming launch now Vanek also announced that intends to donate 10 % of all their profits from its upcoming ether futures ETF to a theorem core developers over the next decade and as reported 15 different ether futures ETFs from nine issuers are currently awaiting approval from the US SEC and I guess they have until the end of September of 2023 analysts cited sources with the SEC of saying the regulator wanted to approve either future ETFs before potential US government shutdown but meanwhile bitwise asset management confirmed that trading for its to ether if futures ETFs would commence October 2nd as well with investors getting access to eat futures trading on the CB OE so there you have it we all know that futures are not in investors best interest in fact investors are most likely going to get wrecked we want the real deal baby which is the spot ETF and a little later in the show we're gonna be discussing grayscale converting their product to not only a Bitcoin spot ETF but also a spot a theorem ETF here in just a little bit but first we have some breaking news coming in surrounding FTX founder Sam Bankman freed I mean you can't make this stuff up he allegedly was trying to bribe Donald Trump with five billion dollars to not run for president good freaking Lord check this out how many of you seen this story let me know former FTX CEO SPF once looked into paying Donald Trump not to run for president of the United States according to Michael Lewis the author of the new book documented the rise and fall of SPF Michael Lewis author of going infinite the rise and the fall of a new tycoon spoke about the former crypto billionaire and the FTX founder in a 60 minutes interview yesterday October 1st one of the revelations in the book is that SPF looked into paying Donald Trump to not run for president that only shocks you if you don't know Sam as Lewis added the following Sam's thinking that we could pay Donald Trump not to run for president like how much would it take the number that he was kicking around was five billion dollars and he added before saying that SPF was unsure if that number came directly from Donald Trump 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 ph RMA org slash middlemen to learn more paid for by pharma SPF was also looking into the legality of it according to Lewis who added that they were still having these conversations when FTX blew up it just didn't happen because SPF didn't have the five billion any longer very interesting if you haven't watched the video check the show notes below the video in the description and after the show you can catch it out this clip taken from 60 minutes now according to Lewis SPF saw Trump as trying to undermine the democracy of the United States thinking he belongs on a list of existential risk crazy Lewis spent more than 70 days in the Bahamas on a dozen different trips to visit SPF in 2022 and the pair became close I would say in spare bedrooms I had codes to every room including the penthouse he told the Wall Street Journal and speaking on the fallout between the collapse of FTX in November he shared it was like the aftermath of Pompeii clothes and belongings left behind frozen in time many headed to the airport leaving company cars with the keys inside at the curb now Cointelegraph contacted legal representatives for SPF and Trump mark botnik who handles communications for SPF case said there was no comment from his legal team and according to the trial schedule calendar released last week the high -profile SPF trial begins October 3rd which is tomorrow less than 24 hours out with their jury selection the trial then begins on October 4th so it's going to be an interesting week the trial will involve seven fraud cases against SPF two substantive charges where the prosecution most convinced the jury that Bankman freed committed the crime and five other conspiracy charges so there you have it I wouldn't put it past Bankman freed whatsoever he was supporting the Democratic Party making mass donations to the Dems in support of Biden and heavily against Trump so I mean good lord could you say fraud I mean I could see Trump saying hey give me you want to give me five billion and not run for president sure let's make it happen but fortunately enough Sam Bankman freed didn't get away with that particular crime that we are aware of as he lost the company and the company went kaboom thanks to CZ calling him out firsthand on his FTT scam tokens but anyways fam let me know if that's surprising or shocking to you or you're not surprised at all now let's discuss the etherium spot ETF which is way more significant than any futures ETFs will ever be let's break this one down following the approval of the first ether futures exchange traded fund grayscale investments is looking to convert its grayscale aetherium trust to a spot aetherium ETF kudos to them because they're doing the same thing with their Bitcoin product as well they want to spot Bitcoin ETF the new New York Stock Exchange arca filed the conversion with the United States SEC October 2nd today grayscale's existing trust invested in ether futures contracts as an indirect means of exposure to aetherium but a spot ETF will invest in the underlying asset itself that's what makes it that much greater it's not derivatives or paper it's the real deal they have to hold the underlying asset as Michael Sun and shine shared here grayscale has filed to convert their grayscale aetherium trust to a spot ETF thank you for your continued support we can't wait to get started yeah so he also says as we file to convert the ethe to an ETF the natural next step in the products evolution we recognize this as an important moment to bring aetherium even further into the u .s.
The Aloönæ Show
A highlight from S13 E16: Oliver: Writer, Producer, and Novelist Spotlight
"Hello, welcome to The Loney Show. I'm your host, John Mayolone. In this episode, don't have regulars, because raisins, as always, unfortunately. As for our guest, he's from Portland, Oregon, currently living in Los Angeles, California, and he is a film producer. Ladies and gentlemen, I give you Oliver Tutill Jr. Well, thank you, Peter. It's actually Ted Hill Jr. But thanks for having me on your show. I'm excited to be here. Anytime. So, how's life? It's good. It's really exciting. I love the film business. I've been in the business for quite a while. And it's very exciting meeting different people, talking to different producers, actors, filmmakers, editors, composers, business financing. It's all very exciting. You meet a lot of very interesting people that are very involved in their work and are very creative. Ah, very good. And have you been up to much recently? Yeah, we've been pretty busy. My company's name is Cinema Development and Writing Services. And my business partner is Tara Walker. And what we do is, when we started out, we've had our business about a year now. And anybody that's curious, they can just go to cinema wds .com. That's our website. And what we do is, we work with novelists, and we adapt their novels into screenplays. And then once we've adapted them into screenplays, we've been asked by our clients to, well, can you place this with Hollywood companies? And we said, well, yeah, we probably can, you know, we weren't doing that. We're primarily focused on writing, but we started packaging, which means that we started putting together like a deck of electronic brochure that shows the actors we thought might be good for the role, and what the director is. And then we present it to different production companies, different producers and finance companies in Los Angeles, and sometimes in New York as well. Okay, very nice. And what inspired you to start all that? Well, I think I started out in the business, and so did Tara, we were both actors. And we enjoyed that. But it's, it's very, very tough. Getting regular work as an actor, you go through good times, and then there's these long stretches where you don't have much work. And so we said, Well, how can we get more involved in business? And so we both decided, well, why don't we become producers? So Tara started her own production company years ago called Alpenfest films. And then I started, I started out making a production company called Autumn Tree Productions, where I, at that time, this was in the late 1980s, I pretty much focused on making educational films, and actually was pretty much on emotional child abuse. And I did that for 10 years, I had a lot of success. A lot of my films, educational films are used in universities and colleges and many institutions. And after doing that for 10 years, I wanted to segue over into doing commercial motion pictures and, and documentaries. So I started a company called Bluewood films. And under that name under that company, I produced quite a few films and documentaries and pleased to say that some of them are on streaming platforms now where people can can see them. I just have my newest release was just last month. It's called Crazy Horse of Life, featuring Russell Means, the late Nakoda actor who did very well. Right, then. Very good. And have you ever considered like, releasing any of your work on an international level? Yes, I mean, Crazy Horse of Life is available internationally. They can definitely time to be TV so anybody can go to to be TV and anywheres in the world basically and watch it for free. It's ad supported. And then we've got another film called the right to bear arms, which is a dramatic crime feature starring john savage. And that's available on Amazon Prime and Amazon freebie and also on to be TV. And we've got another film that's distributed internationally. It's also on to be TV. It's called the Loch Ness Monster of Seattle and it features Graham Green, the Academy Award nominated actor from Dances with Wolves. It's been doing very well. My distributor is very pleased. He just sent me a letter the other day and he said how happy is that how well it's doing. So those those three films are available now. We've got new ones that are going to be coming out later this year. We're excited about. Wow, fantastic. So where would you see yourself 20 years from now? Well, that's a good question. And 20 years is a long time. But I would say in 20 years, I'd probably see myself and Tara, my business partner, our own company now, but probably producing eight to 12 motion pictures a year. Also, I'm a composer too. So I probably, I haven't been doing my composing recently, but I've, I've scored a lot of motion pictures and documentaries. And it's a matter of fact, Crazy Horse of Life. The score I did that score and I did actually I wrote the score years ago, but it's used in this big feature now and I scored the movie right to bear arms as well. So but 20 years, I want to still be producing movies and helping actors and helping create jobs for people that work in the industry. You badly because they can't get work. Yes, of course. So I want to provide jobs for people. And also, I'm a novelist as well. And I hope to have a few more novels released. I just had my first novel released by awesome Achilles publishers, which is their home offices in London. So it's definitely an international release. And it's called when the sunlight goes down, goes dark, excuse me, when the sunlight goes dark. And it's about a young, young boxer living in Los Angeles, who has to deal with unscrupulous promoters. And one of the one of the supporting characters in the book is a man from England who who wins one of the heavyweight titles. It's also a book that it also covers worker exploitation, family dysfunction, spousal Okay, fantastic. Yeah, let me just mention, Peter, that people can look at it to go to the website for the book. It's when the sunlight goes dark .com. That's the website for the book. And it's also available on amazon .com and Barnes and Noble, Goodreads, any bookstore, you go into any reputable bookstore, and they can order it for you. All right, then very good. So in terms of your written work, besides what, besides the novels you've just written, are there any more novels you're yet to write or have released? I do have one novel. It's called primordial division. I'm searching for the right agent to rep it. It's kind of a crime horror novel. It's also set in Los Angeles in the 1970s and 1980s. And it's about a woman who has the ability to see the future. She's kind of one of these mind readers and the kid, the male protagonist is able to, he's got the power of telepathy. Very good. And it's set in the context of the entertainment industry. Oh, nice, nice. What could you give a 40 minute presentation on without any preparation? I'm sorry, say that again, Peter, a 14. What could you give a 40 minute presentation on without any preparation? Oh, a 40 minute presentation? I could give it on, definitely, I could probably give it on, I made educational films for 10 years. So I could do on an education, I could do one on the film business. They cover all the aspects of the film business from development to pre production to production to post production, exhibition and distribution. I could do that for you. I've been in the music business since I was a kid. So probably give you a one on that as well. So, okay, very good. What which recent news story have you found most interesting? That's a really great question. The recent most recent news story that I found the most interesting probably would be what's going on with our climate and what's happening to the earth in regards to the climate crisis that's happening in the world today. That's that's one of them, I guess I know it's a big topic, but it definitely stands out. I'm also fascinated by what's going on in American politics today, who's running for president and what's going on in Congress in the Senate. And I'm also very concerned with the state of our country, you know, and how divided people are and how unhappy so many people are. Yeah, absolutely. I was gonna also say to my friends who are very struggling because they have kids, and it's hard for them to get daycare for the kids. So I have one friend, she had to give up work because she, she couldn't afford to hire a babysitter or a nanny or daycare. So yeah, she had to give up her job. Oh, no, that's just sad. Very sad, very sad, the income inequality in this, in the United States. I'm not an expert in your country, but in the United States, it's very sad to see so many people that are divided by class. Wow, I thought the UK was bad. I didn't know that the US has got bigger problems given its size. Yeah, there's a lot of problems. Definitely. We've seen the erosion of the middle class here. You know, it's been kind of disappearing for years. And the income inequality that exists in this country, it's pretty bad. And as well as you know, there was a, I was watching, I was watching News Nation the other night and the big story presented by Chris Cuomo, who's an interesting newscaster, whose brother to his brother to the former governor. And he his top story was these kids that these babies, basically, the toddlers and daycare that died from fentanyl overdoses. And he's all over that. And I'm thinking, yeah, that's, that's tragic. But a lot of people don't want to address what's happening kids into this country, they have many kids suffer from abuse, and how they it's very difficult for them to thrive and survive become and constructive citizens. That that puts something into the country that helps it grow more. Yeah, absolutely. You know, I can share one thing with you, I used to be a teacher. And I taught drama at a film school and a college, as well as film production. And I had a class, this is in Seattle, Washington. And I had a class where I had a quite quite a number of kids that were African American. And I'll never forget this, Peter, because like, they would come to class, sometimes the girls would be crying and go, what's wrong? She go, Well, Joey got killed last night. He said, What are you talking about? She goes, Yeah, Joey, you know, he got on the top of he got on the roof of Dan's car and Dan shot him to death. I said, Oh, you don't read about that in the paper. And then then another day, a girl came into class, she was weeping. I said, What's the matter? And she's when my sister was killed last night. I said, Well, what happened? She said somebody shot to her living room window, and she was killed. You don't read about it in newspaper. Just people don't know about that. Exactly. Yes, indeed. It's the media these days, they only want to show what they really want to show. They don't show the important stuff that goes on like poverty, financial crisis or things that impact a lot of people in this world. Absolutely correct. Yes, you're right, Peter. They don't know it's funny, funny because Chris, it's not funny, but I found it interesting. Chris Como mentioned one night on his show on news nation, he, he mentioned that people don't want to talk about class warfare in this country, you know, what's going on between the classes between the wealthy and the poor, or the struggling lower middle class, you get an idea of it. And now with all the strikes that are going on, you get the writers Guild of America on strike. You've got the screen actors Guild that's going on strike. Now you've got the United Auto Workers going on strike, and it's getting bigger, that strikes growing. And if that strike goes all out, it's going to, it's going to play havoc on the economy here. Yeah, absolutely. What do you disagree with most frequently? What do I disagree with most frequently? Probably people that say everything's going to be great. You know, you just have to hang in there. And also, I find myself disagreeing a lot with financial advisors who say, just, you know, keep it where it is, you know, don't sell, just stay steady, keep your bonds, 40 % bonds or 60 % bonds, 40 % stock or 40 % bonds, 60 % stock. I disagree a lot with financial advisors. Not that I'm an expert in finance, but I'm fascinated by it. I read about it. Absolutely. How much time do you spend on the internet? How much time do I spend on the internet? A fair amount, because I do a lot of research on the internet. And while I'm something to do research on something particular, then then you find, wait a minute, I've got to have to research this more. Then you find yourself going to another page, finding more things to read about. And then you realize you're going to be searching even more on the internet. So and to be honest with you, I spend so much time on the internet as it is on zoom calls. I'm tired of looking at the internet. I prefer reading books. So I read a lot of books. But I've got to use the internet a lot to do research. You know, especially I work with a lot of people that I've got to find out what their background is, you know, in the film business, and the financial business. So I do spend an enormous amount of time on the internet. I imagine you, you do yourself, I'm sure. Oh, yeah, absolutely. Hours upon hours. Yeah, it's a it's a necessity. It's a necessity today without a without a cell phone or computer. It'd be very difficult to survive. I do know some folks in their 70s and 80s. They don't use computers, they don't use cell phones. I do know one young guy who doesn't use a cell phone, but that's very unusual. But it's very hard to survive. I couldn't stay in business if I couldn't use a computer and cell phone. Oh, yes. Sure. It's the same for you. Yeah, of course. The internet is such a necessity. It's part of our lives, in a way. Absolutely. Yes. It is. It's built in. And you read about these kids, you know, they get addicted to their cell phones and computers. And there's so many psychologists that predict they're gonna have trouble with their personal relationships in looking at a screen. They don't spend time in person a lot. I don't know how that'll play out, but it makes sense in a lot of ways. What a world filled with clones of you, what would a world populated by clones of you be like, a world populated by I'm sorry, what what would a world populated by clones of you be like? You mean point of view? And a world populated by clones of you? What would it be like? Oh, clones of me? Yes. Okay, what would I think it would probably be a pretty peaceful world. To be honest, I don't think there'd be any wars, I think war would end. I think children would, we'd set up some type of educational system and change some values in the government in the country so that kids don't get abused, that parents are afforded the education and the training, starting in high school. Probably actually, I take that back, starting in grammar school. How to parent, how to treat other human beings, learning about themselves, becoming self intelligent, learning emotional intelligence, understanding their emotions. And growing up to be citizens that are productive and have empathy for other people. And if this happened, we could, I believe we could end this may sound naive, but I do think we could end poverty in this country. But there's no will to do that. There's no will to help kids because children can't vote. And they're not members of political action committee. So I would, I would make sure that their political action committee is available for children. I would allow children at a certain age if they can show that they have some knowledge about the political system, to have a say in voting, to see who represents them. And I believe with education, and with treating people well, with respect and compassion, having people trained for the type of work that they want to do, that poverty could could be eliminated. And so there are a lot of clones to me, there would be no more wars. And there would be a lot less suffering in the world. Yeah, that sounds that sounds like a very good reason. Thank you. Welcome. What's Education is the key. Education is the key and law. The merging of law and education. And again, unfortunately, the people in power, the bureaucrats and politicians don't have the will or the desire to bring about the needed changes. Yeah, it's so sad. What is your favorite quote? Yes. And probably, I guess it's a quote that is on my mind a lot now, because it's a quote I used to open my novel when the sunlight goes dark about the boxing family in Los Angeles, and the quote is, Oh, pardon me, thou bleeding piece of earth, that I am so meek and gentle with these butchers. And it originally that quote is taken from William Shakespeare's Julius Caesar when Mark Anthony is standing over the dead body of Julius Caesar and Caesar has been assassinated. by members of the Senate. And he's bemoaning the fact that he's so meek and gentle with these butchers because he's kind of going along with them at the time. And it's just a quote that just stands out to me because I've used it in my book because I my books about worker exploitation in one way because a lot of these boxers are exploited. And a lot of them end up in not very good shape. Because people aren't looking out for him. So I guess for today, that's my favorite quote. I mean, I have others too. But I guess for today, that's the one that would be my favorite. All right. Very good. And I could you could use that metaphorically, too. I mean, the sense that, you know, Oh, pardon me, you know, why aren't the people that are running the government trying to help the people? Yes, that's a very good question. I'm sure you've run into very similar situations in England. Oh, yeah, absolutely. Absolutely. All the time. What's improved your wife quality so much? You wish you did it sooner? I'm sorry, Peter, you have to say that one more time. All right. What improved your life quality so much? You wish you did it sooner? well, Oh, I would I would say I spent a lot of time in therapy. I came from a very dysfunctional family. I suffered a lot of abuse, I was put into a private boarding school where kids got regularly beaten very badly. One of the lucky ones, really, I never suffered any permanent physical injury. But I think if I hadn't gone into therapy, and I was in therapy for decades, I'd say that probably the key to my being a functioning productive adult today, that in a book I read, called compassion and self hate, written by Theodore Isaac Rubin, that book changed my life. I never thought a book could change my life, but that one did. Yeah, of course. That and of course, if you're going to be successful, you have to you have to work hard, you have to know where to put your effort, you have to work hard and you have to think smart. I mean, that old saying about if you work hard, everything will fall into place is not necessarily true. I've known, I've had guy friends that have worked hard all their lives, and they've got nothing. Yeah, absolutely. So you got to work smart, as well as hard. Yes. But the more success you realize, it just adds to your happiness and your fulfillment. Yeah, of course. But people need the basic necessities have to be taken care of. You got to have clothes, you got to have proper shelter, you got to have decent physical health. I don't think I've ever met anyone that's happy if they haven't had good physical health. Yeah, of course. How did you spend your last birthday? Well, my last birthday, I had dinner with my business partner and my best friend, Tara Walker. We went to a really nice restaurant down on the beach, had a great dinner. And then went home and watched a really great movie. And it was a great day. And you know, I talked to a lot of friends and family too. I got a lot of calls. Okay. That's cool. It was fun. Oh, yes. It was quite a time. Yeah. You like birthdays? Yeah, I like birthdays. It's pretty cool, I guess. It's funny. I was just reading about Jimmy Carter, you know, the former President of the United States who is a president. And he's going to be turning 99 here in a couple days. And someone called him up, one of his family members said, I wanted to wish you a happy birthday. And he said, that's, that's not real good. I'm not really excited about this birthday. I didn't know you even make this far in his life. Yeah, he's going to be 99 years old. And you know, he's been in hospice for seven months. Everyone thought he was going to pass in about two or three weeks and he's still going. Madness. Amazing man. Absolutely. We could use a young Jimmy Carter today. That's for sure. Uh huh. Yeah. That'll be something. It would be. Yeah. Yeah. What's the best way to start the morning? The best way to start the morning is to eat a good breakfast. I know so many people that don't eat breakfast. They have health problems, they're overweight. And I don't mean starting breakfast, you know, eating junk food. You gotta eat something healthy for you. Eat something healthy. Write down the things you need to do today if you have to make a list. Yeah, it helps me a lot before I go to bed to write it to do this. So when I wake up in the morning, I know exactly what I got to do. And I got to feel the body first. You got to take care of the body. I have a friend of mine who's, he had a stroke and he's in the hospital now. He can't barely move. And, you know, he, he didn't have the right diet and he's still a fairly young man. It's very tragic. So feel the body and feed it well. Yeah, absolutely. I'm sure you know, because I could tell you put a lot of hours on your show. Oh yeah. It's, it's quite a process, but it's definitely worth it. Yeah, it's enjoyable. Yeah, sure is. If you could travel back in time, what would decade you want to live in? There's so many decades I would love to live in. There's so many centuries I'd love to live in. It's really hard to pick one, but if I had to pick one, I'd probably say the early 1960s. Sixties? That's pretty cool. Yeah, that's when Muhammad Ali came on the scene and that's when the Beatles came on the scene. To me, that's, I think we'll never see the likes of the Beatles or Muhammad Ali again. Yeah. So one of a kind, they always say. Yeah, but I, believe me, Peter, I'd love to live, I could go back to ancient Rome and be fascinated. Of course, your life expectancy wasn't very long. Oh yeah. Cause Sanitary wasn't up there and the advancement technologies got in the way. Yeah. Everything's like, ugh. I would love to live the life of a Plains Indian in 1840. I think that would be fascinating. It's freedom that people can barely conceive of today. And what a great, got the kids, Indian children back in those days, man, talk about having a great childhood. Yeah, absolutely. And that is all we have for this episode. It was great having you on Oliver talking about your works. You're welcome. And until next time, stay tuned for more.
Bloomberg Radio New York - Recording Feed
Monitor Show 00:00 10-01-2023 00:00
"Investment Advisors, switch to Interactive Brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. Katie Boyce and Jared Sandberg for Bloomberg. Executive Producers are George Lavender, Marshall Louie and Jen Sargent for One Tree. I'm Hannah Miller and this is Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. The Senate has approved a 45 days top cap funding bill to avoid a government shutdown. The bill passed by a vote of 88 to 9. It now goes to the desk of President Biden to be officially signed. He reportedly is on standby to sign it. The government was set to shut down at 1201 a .m. Sunday if a bill was not approved. The bill includes natural disaster aid and a measure to keep the FAA operational, but it doesn't provide additional funds for Ukraine or border security. It means the government will stay funded at current levels through November 17th. Justice Department Special Counsel Jack Smith is pushing for a gag order against former President Trump. Jim Forbes has the latest. The order would limit what Trump could say publicly about the ongoing criminal cases against him. Smith initially asked for a limited gag order earlier this month, but updated the request on Friday, citing Trump's threats against witnesses. Last week, Trump claimed General Mark Milley had committed treason and should be, quote, executed. In the gag order request, Smith argued, quote, no other criminal defendant would be permitted to issue public statements insinuating that a known witness should be executed, and neither should Trump. I'm Jim Forbes. The death toll from the Maui wildfires has increased.
Bloomberg Radio New York - Recording Feed
Monitor Show 19:00 09-30-2023 19:00
"Today, ophthalmologists can get countless hours to practice their surgical skills before operating on real patients, thanks to Fundamental VR and Orbis' Metaverse training platform. Learn more at meta .com slash metaverse impact. This is Masters in Business on Bloomberg Radio. I'm Barry Ritholtz. Stay with us for today's top stories and global business headlines. They're coming up right now. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. A 45 -day stopgap funding bill to avoid the government shutdown tonight is now in the hands of the Senate. The measure was passed by the House 335 -291 earlier today. The question is on agreeing to the Speaker's approval of the journal. Those in favor say aye. Those opposed, naypenny of the chair, the ayes have it. The journal stands approved. The bill passed with overwhelming Democratic support while dozens of Republicans voted against it. House Speaker Kevin McCarthy pitched the measure as an opportunity to give the House and Senate more time to get around the obstacles and get good bills passed. A White House official indicated President Biden would support the bill, which includes disaster relief and FAA authorization. Former President Trump could be in New York City on Monday for his civil fraud trial. Trump's lawyers revealed his plans on Friday while discussing another case, a lawsuit against his former lawyer, Michael Cohen. Trump was set to undergo a deposition in that case in Florida on Tuesday, but his lawyers asked the court to postpone it so he can go to the New York trial, which opens Monday. Earlier this week, the judge overseeing the New York case ruled that Trump had been overvaluing his properties and was liable for fraud. The NFL is going international for the first time this season. Here's Dina Kodiak.
Bloomberg Radio New York - Recording Feed
Monitor Show 18:00 09-30-2023 18:00
"Love the feeling of getting more for less? The drop app lets you score free gift cards by shopping at brands like Ulta, Adidas, and Sam's Club. What are you waiting for? Download the drop app and get $5 with the invite code, get dropped 444. Fans, so we'll have to wait and see. Thanks Harry. That's Professor Harry First of NYU Law School. This is Bloomberg Law on Bloomberg Radio. I'm June Grosso. Stay with us. Today's 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. The Senate is expected to quickly take up a stopgap funding bill that cleared the House earlier today. The question is on agreeing to the Speaker's approval of the Journal. Those in favor say aye. Those opposed need plenty of the Chair, the ayes have it. The Journal stands approved. The House passed that 45 -day stopgap funding bill, 335 to 91. With overwhelming Democratic support as dozens of Republicans voted against it, White House official indicated President Biden would support the bill, which includes disaster relief and FAA authorization. Justice Department special counsel Jack Smith is requesting a gag order against former President Trump. It would limit what Trump could say publicly about the ongoing criminal cases against him. Smith initially asked for a limited gag order, but updated the request on Friday, citing Trump's threats against witnesses. Last week, Trump claimed General Mark Milley had committed treason and should be executed in the gag order request. Smith argued no other criminal defendant would be permitted to make such inflammatory public statements. Full weekend services up and running on New York City, subways and buses, despite historic rainfall and flooding that inundated the system on Friday. Jennifer Falsoni reports. Governor Hogle praising the efforts of those who kept the city moving on Friday as best as it could while.
Bloomberg Radio New York - Recording Feed
Monitor Show 16:00 09-30-2023 16:00
"Hey, can I let you in on a little secret? Ugh, I'm obsessed with the Drop app. Drop makes it so easy to score free gift cards just for doing my everyday shopping at places like Ulta, Sam's Club, and Lyft. So if you're like me and love a good shopping spree, download Drop today and join the secret club of savvy shoppers. And use my code GETDROP999 to get $5. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. It appears a government shutdown has been avoided after the House passed a 45 -day stopgap funding bill. The measure passed 335 to 91 with overwhelming Democratic support as dozens of Republicans voted against it. The bill now goes to the Senate for final approval. Former President Trump could be in New York City on Monday for his civil fraud trial. Trump's lawyers revealed his plans on Friday while discussing another case, a lawsuit against his former lawyer Michael Cohen. Trump was set to undergo a deposition in that case in Florida on Tuesday, but his lawyers asked the court to postpone it so he could get to the New York trial, which opens Monday. Earlier this week, the judge overseeing the New York case ruled that Trump had been overvaluing his properties and was liable for fraud. A Michigan judge is ruling the teen who shot seven people and killed four at Oxford High School in November 2021 can be sentenced to life without parole. Lisa Taylor has more. Judge Kwame Rowe made the announcement Friday morning that Ethan Crumbly has a slim chance of rehabilitation. He said the teen is obsessed with violence even while being held in jail. The hearing and ruling are required as the U .S. Supreme Court ruled that underage defendants could not be given a life without parole sentence without a separate hearing following a conviction. Crumbly is scheduled to be sentenced in December. I'm Lisa Taylor. SpaceX launched another 22 Starlink satellites into orbit.
Bloomberg Radio New York - Recording Feed
Monitor Show 12:00 09-30-2023 12:00
"Investment Advisors, switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. George Lavender, Marshall Louie and Jen Sargent for Wondery. I'm Hannah Miller and this is Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. The clock is ticking on a government shutdown. Federal funding runs out at midnight with no deal in sight. House Republicans are meeting behind closed doors this morning to find a way forward after failing to pass a short term funding resolution on Friday. The Senate is set to vote at 1 p .m. on its proposed stopgap funding measure, but it's unclear if Speaker Kevin McCarthy would bring the measure to the House floor for a possible vote. L .A. Mayor Karen Bass is among those mentioned to fill Dianne Feinstein's U .S. Senate seat for the remainder of the term. Governor Gavin Newsom said in March he would nominate a black female if Feinstein retired before the end of her term. A spokesperson for Bass said at the time that the mayor would absolutely not consider stepping down to fill the Senate seat. Senator Feinstein passed away Thursday night. Full weekend service is up and running on New York City subways and buses, despite historic rainfall and flooding that inundated the system on Friday. Jennifer Polcioni reports. Governor Hogle praising the efforts of those who kept the city moving on Friday as best as it could, while some areas experienced the most rain seen in some 70 years, she says. Metro North, the LIRR, city subways and buses functioning a day after delays in suspensions as heavy rains poured into the Bass transit system. Hogle crediting M .T .A. leadership with planning ahead by rerouting trains and having pumps in place in advance to clear as much as possible.
Bloomberg Radio New York - Recording Feed
Monitor Show 07:00 09-30-2023 07:00
"Investment Advisors. Switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. To any part of today's program, you can listen on demand with our Wall Street Week podcast. Find that on Apple, Spotify or anywhere else you get your podcasts. I'm David Weston. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg dot com and the Bloomberg Business Act. This is Bloomberg Radio. House Speaker Kevin McCarthy is offering little to no clear answers on the next steps for government funding as the government shutdown looms closer. Jim Forbes has more. The speaker spoke to reporters Friday after House Republicans met for close to three hours in hopes of coming up with a plan to avoid a shutdown. I think we had a interesting conversation there, but we continue to work through trying to find the way out of this. I firmly believe there are no winners in a government shutdown. And I think that's the best way forward to make sure government does not shut down. McCarthy said he thinks a Senate bill without six billion dollars in funding to Ukraine could pass in the House. But he thinks Democrats would oppose it. The government is set to shut down Sunday morning at 1201 if lawmakers fail to reach a deal. I'm Jim Forbes. Student loan payments are starting up again after a three year pause. Correspondent Brian Chung says there's still going to be some leniency from the Department of Education. They're saying, look, the payments are due. The interest started collecting last month. The first payments are due October 1st. But the Department of Education is saying if you don't make a payment, it's going to be OK. We won't report you immediately to the credit reporting agencies like they usually do. Come tomorrow, the payments that were paused for over 45 million borrowers during the pandemic.
Bloomberg Radio New York - Recording Feed
Monitor Show 06:00 09-30-2023 06:00
"Interactive brokers' clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances. Rates subject to change. Visit ibkr .com slash interest rates to learn more. Join us again Monday morning, 5 a .m. Wall Street time for the latest on markets overseas and the news you need to start your day. I'm Tom Busby. Stay with us. 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. House Speaker Kevin McCarthy is offering little to no clear answers on the next steps for government funding. He spoke to reporters Friday after House Republicans met for almost three hours to come up with a plan to avoid a government shutdown. I think we had an interesting conversation there, but we continue to work through trying to find the way out of this. I firmly believe there are no winners in a government shutdown, and I think that's the best way forward to make sure a government does not shut down. McCarthy says he thinks a Senate bill without $6 billion in funding for Ukraine could pass in the House, adding he thinks Democrats will oppose it. Earlier Friday, the House failed to pass a GOP -led short -term funding bill that included deep cuts and border provisions. Justice Department Special Counsel Jack Smith is pushing for a gag order against former President Donald Trump. Jim Forbes has more. The order would limit what Trump could say publicly about the ongoing criminal cases against him. Smith initially asked for a limited gag order earlier this month, but updated the request on Friday, citing Trump's threats against witnesses. Last week, Trump claimed General Mark Milley had committed treason and should be, quote, executed.
Bloomberg Radio New York - Recording Feed
Monitor Show 00:00 09-30-2023 00:00
"Interactive brokers' clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances, rates subject to change. Visit ibkr .com slash interest rates to learn more. For Bloomberg, executive producers are George Lavender, Marshall Louie and Jen Sargent for Wondery. I'm Hannah Miller, and this is Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act, this is Bloomberg Radio. House Speaker Kevin McCarthy is offering little to no clear answers on the next steps for government funding. He spoke to reporters Friday after House Republicans met for almost three hours to come up with a plan to avoid a shutdown. McCarthy said he thinks a Senate bill without $6 billion in funding to Ukraine could pass in the House, adding that he thinks Democrats will oppose it. California's governor is calling the late Senator Dianne Feinstein a role model. Lucinda Kaye has more. California Governor Gavin Newsom shares reflection in a statement saying, Dianne Feinstein was many things. A powerful, trailblazing U .S. Senator, an early voice for gun control, a leader in times of tragedy and chaos. But to me, she was a dear friend, a lifelong mentor, and a role model for what a powerful, effective leader looks like. Feinstein is praised for breaking gender barriers throughout her long career in local and national politics. I'm Lucinda Kaye. Las Vegas police say a suspect has been arrested in the 1996 murder of rapper Tupac Shakur. We are here today to announce the arrest of 60 -year -old Dwayne Keith Davis, a .k .a. Kefi D., for the murder of Tupac Shakur.
The Breakdown
A highlight from ETH Futures ETFs Get Set to Trade as Government Shut Down Looms
"Welcome back to The Breakdown with me, N .L .W. 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 29th, and today we are talking ETF approvals. 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 in the Breakers Discord. You can find the link in the show notes or go to bit .ly slash breakdown pod. All right, friends, lots of action to wrap up your week. We're going to talk a little bit of ETF announcements and then we're going to get into the government shutdown and, of course, give you all of the information that you need. Now we start with the SEC in the world of ETFs. That organization has been busy over the past few days making decisions on a variety of different crypto applications. Now, there are currently three major batches of crypto ETF applications that are being considered. On Thursday, four Spot Bitcoin ETFs were delayed, including the BlackRock application. Two additional Spot Bitcoin ETFs were already delayed on Tuesday. Announcements delaying the rest of the similar applications are expected to follow today and are likely to be published by the time the show is released. The next deadline for the SEC to consider approving Spot Bitcoin ETFs is on January 10th. That's an important one because it's the final deadline for the ARK21 shares application, so it will require an explanation from the SEC rather than just a simple delay. The second batch are the Ethereum Spot ETFs, which were also delayed. On Wednesday, the SEC deferred their decision on products from VanEck and ARK21 shares. The next deadline for regulatory consideration falls on December 26th. The SEC can delay further on these products with the final deadline falling in May. Now, overall, the delay of Spot crypto ETFs has not been particularly surprising. As much as people have wanted the legal decision from the Grayscale suit to force the SEC's hand, that court order is still able to be appealed, and there is nothing really compelling the SEC to move forward with Spot ETFs for the time being. Now, the more interesting developments surround Ethereum futures -based ETFs. Throughout August, at least 24 applications were filed, including some products offering short Ethereum exposure and combined long exposure to Bitcoin and Ethereum within a single fund. Throughout the week, there have been rumblings that the SEC was preparing to approve futures -based Ethereum products, asking investment firms to update their documents by Friday afternoon. The rumor was that ETFs could begin trading as soon as Tuesday. On Thursday morning, VanEck debuted two 30 -second advertisements for their Ethereum futures product, which would trade under the ticker eFute. VanEck are going with the tagline Enter the Ether and commenting on the ad, Eric Valkunas, the senior ETF analyst at Bloomberg said, Now, later in the day, VanEck updated their prospectus for the fund. The ETF will only charge 66 basis points in fees. This is below the dominant pro -shares Bitcoin futures ETF, which is ticker symbol BITO, which charges 95 basis points. The lowest fee product seems to be Roundhill at just 19 basis points. Also on Thursday, Valkyrie announced that they would begin buying Ethereum futures on Friday in anticipation of altering the strategy of their existing Bitcoin futures ETF. The fund will now hold half Bitcoin futures and half Ethereum futures. The new strategy will be formally adopted on Monday under the existing ticker symbol BTF. Later yesterday as well, Valkyrie's chief investment officer, Stephen McClurg, said that both VanEck and pro -shares had been given the green light to launch their dedicated Ethereum futures ETFs on Monday. A pro -shares spokesperson said no one is in a position to launch ahead of us but declined to elaborate further on timing. Now, part of the reason that the SEC may be trying to move up all these delays and announcements is the looming threat of a government shutdown. Indeed, a government shutdown is at this point all but certain to begin on Sunday after House Republicans failed to come to a suitable agreement during a tense closed -door meeting on Thursday night. The House passed several versions of an appropriations bill that would authorize government spending on Thursday, but reportedly none have any chance of passing the Senate. The Senate are working on a bipartisan proposal for short -term funding, but this measure is unlikely to be passed by House Republicans. Tensions have flared between House Speaker Kevin McCarthy and House Freedom Caucus member Matt Gaetz, who is playing a major role in pushing the government into a shutdown. The dispute is around demands to slash government spending with a more specific demand that war efforts in Ukraine are defunded. Now, a government shutdown would end all funding of non -essential government programs until an appropriations bill can be passed. The length of a shutdown would be unknown. However, most government agencies are making plans to shutter for multiple weeks if not well into November. The impact of a shutdown will be largely felt by government workers who will not receive paychecks, as well as the recipients of government benefits. Social Security and Medicare continue to operate as usual during a shutdown, but the patchwork of other social programs will be paused. Now, when it comes to the macro environment, one of the other implications is that a shutdown would halt the collection of economic data. The next Fed meeting isn't until the end of October, but if the shutdown stretches out for a substantial period, the Fed could be faced with making a decision without key economic reports gauging inflation, employment, and growth. That would, of course, leave the Fed flying blind as they attempt to bring the economy in for a soft landing.
Tech Path Crypto
A highlight from 1271. Government Shutdown Countdown | Crypto Market Crash Incoming?
"All right, so we have to talk about the government shutdown looming in the wings right now, 48 hours and counting, what this might have in terms of impact on the market. Also just a little bit of framework to get you guys kind of into it, but really the outlook of what this might do to investing and just in general, the tech markets, crypto, all that good stuff. We're going to break it down for you. My name is Paul Baron. Welcome back into Tech Path. All right. So let's go to this first clip. This, of course, is Matt Gaetz and McCarthy kind of going at it to the frame of what is happening from a shutdown stance because this is really boiling down to a negotiation between the Dems and the Republicans. And also, I think in general, a certain faction of the Republicans. But let's go to this first clip and play this out for you guys listening and is looking more likely as the clock runs out on Capitol Hill. No foreign enemy has ever been able to shut down the government of the United States, but now mega Republicans are about to do just that. The Senate striking a bipartisan compromise deal to fund the government through November 17th, but Speaker Kevin McCarthy giving it no hope in the House. Will I accept and surrender to what Senate decides? The answer is no. The issue, according to McCarthy, is the Democratic led Senate left out additional border funding. McCarthy has another hurdle, five hardline House conservatives that critics have dubbed the Chaos Caucus. I've got members who will not vote to have a stopgap manager to continue to fund government. I've got members who say they'll never vote for a nominee. Well, if you won't do any of that, it's hard to govern. We spoke with the group's de facto leader, Florida Representative Matt Gaetz. Where America's lawmakers gather and take one up or down vote on funding the entire government, that is crazy. Do you worry that voters will blame Republicans for any negative effects of a shutdown? People hundreds of thousands of people having to work without pay? It's a great question. And honestly, that fear of shutdown politics is what has led us to sit atop a 33 trillion dollar debt. Well, I certainly hope we can get this resolved before anyone misses a paycheck. That's my goal. I am not a cheerleader for a shutdown. Gaetz sending a letter to the House's chief administrative officer requesting his pay be withheld. All right, so I'm going to pause it there, but as you can see, there's a little bit of a rub here. Obviously, this has a little bit of history under it as well as why the shutdowns are occurring. And mostly it's funding of certain certain areas of the government that are at odds with each other. We'll get into some of that here in a second. This, of course, is President Biden comes in and says this May McCarthy and I reached the deal. This is the deal that Gaetz is talking about. Let me zoom in on that tweet right there. Deal that would fund the essential priorities and cut the deficit over one trillion. Now there's a group of extreme House Republicans rather shut it down than live up to the deal because there was a deal in place. There are some things within that deal that has caused this. But really what this boils down to is what kind of impact is going to have on the markets and where does that play? Here was the Kobe Easey letter coming in. U .S. government now 48 hours a week, comes with three months less, the largest debt ceiling crisis since 2011.
Bloomberg Radio New York - Recording Feed
Monitor Show 14:00 09-29-2023 14:00
"When professional soccer player Marcus Rashford injured his shoulder, he turned to Resle'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. Served for our country and good for him for getting in a final shot. Well done Lisa Kabusa Miller and Jeannie Chansin. I'm really glad you could both be with us on an historic day for three different reasons. Hour two of Sound On starts right now. Sound On. Politics, policy and perspective. From DC's top names. Federal spending combined with two lakhs monetary policy is 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. We're really doing this. Welcome to hour two of Sound On. As the federal government prepares to shut down tomorrow at midnight, even as lawmakers in both chambers try to move on stopgap funding bills. One just failed in the House. We'll see what happens in the Senate, but it doesn't matter because neither would pass in the other chamber. Are we following this? We'll bring you inside the Capitol Coming up with the latest now from Bloomberg's Kaylee Lyons. We'll talk it out as well with Ben Harris, Director of the Economic Studies Program at Brookings.
The Bitboy Crypto Podcast
A highlight from Ethereum ETF LAUNCHING Monday?! (Leaked SEC Documents)
"Good morning, everybody. It is September 28th. It's 1130, and it is time to discover crypto. We got Tim and BJ on the ones and twos. How are you two doing today? I'm doing fantastic, man. Alright. Ready for the show. BJ, are you in the silent era? Yes. Okay. He's in the silent era. Guys, we got a great show today. We're going to talk about the Bitcoin 1 %ers. We're going to talk about ETH futures ETF and how a senior analyst of ETFs at Bloomberg thinks it is going to be approved on Tuesday, folks. And that's why maybe you're seeing this huge, huge pump in ETH and a lot of alts as well. Also, we're going to talk about Gary Gensler getting roasted. We're going to replay the clip of the Pokemon cards. It's just too good not to share. Also, AI is alive. It's alive right now. How soon do we have a Terminator 2 style D -Day? Give it about 30 years. 30 years, folks. 30 years. Alright. We'll go ahead and start building the bunker right now. Yes, DC's in the suspenders. I know. If you just had the green bow tie, you and McHenry. Alright. One, I'm not going to wear a bow tie. Nothing against bow ties. Just bow ties aren't for me. I'm going to wear a regular tie with the classic winds or not, or I'm going to wear the suspenders. Yeah. This used to be my old bartending get up. I'll tell you what. You wear the suspenders in the button -up shirt. I'll wear the hoodie, but I'll wear the bow tie with the hoodie, and then we'll complete the whole ensemble. Okay. Okay. So you'll be like Fetterman, and I'll be Fetterman's, like, lowest level employee. Exactly. Yes. What were you going to say, BJ? That's like Voltron, yeah. Yeah, yeah. Then we'll team up. Alright. Well, let's just get right to the market cap story here. Alright. Where are we at? Whoa. Did you see that pump right there? Yesterday, we were up around 0 .4%. Today, we are up 2 .3 % for the crypto market cap. We had passed 1 .1 trillion. 24 -hour volume for the first time in a long time is above $50 billion. We're coming in at $52 billion. Bitcoin dominance, Tim's looking a little happy here. It was 47 .1 for a few days. It is now up to 47 .3. Gas, surprisingly low, only 20 Gwei, but it's actually about double of what it was yesterday, but still pretty low. I was surprised to see that. Alright, let's look at the pricing here. We have Bitcoin up 2 .1%. It is now coming in at 26 ,858 bucks. We have Ethereum past 1600, now 1638. It is up 2 .5%. BNB up 1%. XRP up 0 .5%. And we have Cardano up 1 .6%. Solana. Solana is pumping, folks. We have it up 2 .6. And TonCoin erasing about a third of the losses of the past week. It is up 2 .7%. But I'm ready to look at some of these top gainers. Ooh, look at Bitcoin Cash as well. Have you ever thought about trading Bitcoin SV or Bitcoin Cash? Because they do have pretty big moves. Yeah, no, I mean, they definitely are probably better for trading, especially if you want to stay away from leverage, but you still want to be able to utilize the moves of Bitcoin. But yeah, I haven't ever done it. Don't think I will. Okay. Alright. Well, let's look at the top gainers. Let's look at the top losers here. Wow. We have Compound. It is skyrocketing, folks. And Compound has shot back into the top 100. I have RollBit up 12 % just for today. I have a little bit of exposure to RollBit and a little bit of exposure to Apecoin. And I have a couple comic book issues of Thor, but I don't know if that will affect my pricing there. But it is up 10 .8 % and Apecoin up 7 .4%. Bitcoin Cash coming in as the top five gainer here, followed by Lido, DAL, then Aave, GMX, Maker, Arbitrum, Stacks. And then, hey, look, a little Chainlink way down at the bottom. Do you have any of these alts? You're not much of an alt guy, right? No, I mean, I have alts, but I don't go that deep. The moment I have about eight of them, Aave is one that is close to being on the list of maybe I'll come into it. You know what? You don't want to get into, though. I've been watching a lot of maybe... I think he's going to come on the show in the future. Shout out to Crypto Archie. Archie's been going really deep in some degens that are sitting around like a $4 million market cap, and their chances of 100Xing are greater than others. I do think I'm going to start looking into a real good degen portfolio. It's probably not going to take up more than... 10 % is probably being generous in my entire portfolio, but I like where I am. I'm definitely very top -heavy when it comes to crypto. I'm more conservative with my investments, but I'm going to take a little bit of risk this market. All right, BG says, BCH is my secret crush. My dirty girl, he calls it. Where's the one person? A million dollar vision. We're going to give you a million dollar vision. Hopefully, you can stick around and just be part of that positive message. I believe you will. I'm believing in you. All right, well, speaking of believing, I'm believing today we'll not have any of these these coins in the biggest losers of the top 100 cryptocurrencies here. I'm manifesting it. It's failed in the past, but today I'm feeling good. Let's go ahead and look. What do we have? We have Casper. All right, I'm not pale as it goes just yet. Casper is down only 1 .2, then followed by tethered gold. So this is a peg to gold price here, then gate, then another gold. We have another gold coin essentially losing here, then injective, and then stable coins. Wow, I escaped it today. I escaped it today, but gold's on the way down and I have exposure to gold. So does that count? Any day that stable coins are in your top losers, it's a good day for crypto. All right, can we, before we jump over to the top story here, can we look at some gold pricing and silver pricing here? I want to look at gold on Kitco, and if you want to look at silver, maybe we could check out some prices. I like Kitco, K -I -T -C -O. Here we have gold pulling up. Gold is down $14 for the day, so not a whole lot there when the price is coming in at $18 .61. How soon until ETH passes an ounce of gold? One ETH almost equals one ounce of gold. Costco starting to sell gold. I looked into it. They sell out usually within hours whenever they limit two per customer, but they sell one ounce nuggets right around spot price. All right, what do we have for silver? I don't know if this is the right one or not. I looked it up. This says CFDs on silver. Oh, you're a trading view guy. We like trading view. Shout out to Marcus Seifer. Price slightly down, but it's definitely got a consolidation kind of pattern going on here. Yes, we're still kind of moving, setting some higher lows, but we kind of flat out here. After kind of getting kind of in this region, we've flattened out with these lows. The resistance is getting lower, but I'm going to go ahead and say, Deezy, I think that this is a pattern. Watch what happens to support. We're back down at support, but this is a pattern I would almost lean more towards a move to the upside. Let me look at oscillators on this. Yeah, I'm feeling like that's bullish. I'm feeling like that's bullish. Plus, silver has underperformed relative to gold in the past 10, 20 years. I'm feeling pretty good about it right now. Yeah, no, the charts on the daily chart look more bullish than bearish, I would say. It's kind of sitting somewhat in the middle, but more bullish than bearish. All right, and we have Danny Boy saying, look at 100 coin. Maybe, maybe. We'll see. I don't know. Maybe we'll get some time here. All right, well, let's get into the top story here. ETH, futures, ETFs. What is it going to mean? I also got some short form content. Guys, we have an article talking about these Bloomberg analysts. I'm just going to do the deep dive as well, so let's read paragraph or two, and then we'll just see what exactly they're talking about. Let's go to the source material. Let's go to the source code of the simulation here. Bloomberg analyst shares information leaked from the inside that SEC on Ethereum futures ETF. They gave the good news date, folks. We're talking about Eric Balchunas. He's the senior ETF analyst. We're not talking about the janitor there. We're not talking about, you know, the guy that makes a tweet every now then. We're talking about their senior ETF analyst. And he said in a statement, he has inside on info when the SEC will approve the ETH futures ETF. Now, we know there's inside information. Who's going to have better inside info than Bloomberg senior ETF analyst? I'm feeling pretty good about this guy's sources. Now, you got to be careful. Never trust anonymous sources. But if I'm going to trust one, I might end up having to trust this one. All right, let's see what exactly were they talking about? It all started. Let's James Safart here. Nothing yet, but watching for filings to indicate Ethereum futures are indeed being accelerated for launch next week. All right, so what was he talking about here? Here's a repost from Eric. So Ether future ETFs could be trading as early as Tuesday, folks, as the SEC looks to speed things up and in order to get it done before the looming shutdown, just like they sped up delays on spot Bitcoin ETFs. If so, issuers likely in mad scramble as we seek to update the doc. So we have the government shutdown to thank for this actually getting sped up because we covered it I think two days ago. We looked at when the government shutdown happens, what happens through the individual agencies. If you weren't here, guys, SEC will reduce 90 % of its workforce, CFTC along the same line. So 10 poise, there's only going to be one showing up in that office. That's going to be a very lonely office. So what they're trying to do, they're trying to clear all the paperwork off the desks before it's just that one guy alone. I feel bad for that guy. Who is that guy? Shoot us a message here. All right, well, let's go back to X here. So he was quote tweeting this tweet from 14 hours ago. Well, let's, uh, let's see looking like SEC is going to let a bunch of ETH futures ETFs go next week, potentially. And then he was quoting this tweet. So let's look at that tweet. And then that was the one earlier hearing they might update so they can go on effective on Monday and trade on Tuesday. They've asked filers to update their docs by fry, uh, Friday PM. Uh, I'm guessing that's the end of day Friday. So they have till tomorrow, 5 PM Eastern standard time, get your paperwork done. If you get your spot futures, I'm sorry, your futures ETF paperwork filed, you might be able to trade it on a Tuesday. We're going to go ahead and get that in submitted on a Monday. So this guys, this could be very, very big. Now we have to wait till Monday, you know, nothing set in stone here, but however, according to the analyst, they will approve, uh, of the applications that candidates who do update it by Friday afternoon, and they will begin trading on Tuesday. Uh, how speaker McCarthy rejected the stopgap funding bill advancing in the Senate on Wednesday, leaving us just four days from the fourth partial shutdown of the U S government in the past decade. It is thought that a closure event would deeply affect the sec. It is rumored that the spot ETF applications were postponed early for this reason. So chat, where are you coming in? Are we going to shut down? I didn't realize we had done it four times in the past 10 years. I would have maybe said two in the past 15. That makes me think guys, I'm, I'm starting to lean towards, you know, if you asked me three days ago, I'm under 50%. I'm leaning towards 50%. I might even exceed 50 % by tomorrow. Where were you guys coming in on the odds of a government shutdown? Yeah, I think I'm a little low. I think I'd say maybe 35, 40 % it shuts down. I think they're going to have to do with both sides, but it would not behoove Biden to have that shutdown happen. There's a lot of reasons why they'd want to keep it open. Of course, there's a lot of Republicans in Congress, they're kind of pushing for it. They probably like it. They want it. I think they come to some sort of deal. They don't do it. Guys, should we just break down the alpha for you? You know, a lot of part, what makes this live show exciting is we can do things like BJ, while you go, could you look up October 19, 2021 daily candles on Bitcoin, October 19, 2021? Well, I'm going to be the idiot in the room as usual. So if we removed the debt ceiling and put it on pause till 2025, why would we even have a shutdown? Because it wasn't the entire shutdown when we would hit the debt ceiling. So that's not relevant for another 18 months. Yeah, that is a very good point on the debt ceiling. I think that that's a great question. So maybe that debt ceiling isn't as final as they made it appear because I was being told, oh, once this debt ceiling is raised, we don't have anything to worry about. And then two weeks later, we all of a sudden have something to worry about. So now we need to think about the next time they give us a debt ceiling raise. What the f are you actually doing here? Is it actually nothing? These game devs really need to figure out how they're building their ecosystem, because these rules just don't make sense anymore. They don't make, yeah, yeah. There's a lot of bugs in the code here. All right, we have the daily candles. See the date again? October 19th, 2021. If we just look at about a 30 -day period, maybe 10 days before to 10, 20 days after. Yep. So this is getting close to the top, but it was the, there's the, we ended up beating it out. But October 19th is right here. So it's this candle. We have one more day. We topped out on the 20th. Hover over the 19th. Right there. That is the day we had a Bitcoin futures ETF here. Move more to the right side. Let's, let's get a little bit in. That's the top right here. Let's stretch that Y axis. Let's stretch it out. All right, here we go. Go back to the 19th. Yep. The 19th, right? Let me go over here. 19th is right here. So in the lead up, it pumped, it pumped, but guys, that was a buy the rumor, sell the news. We had one more day. All right. They probably didn't want, you know, Fox Business News and MSNBC to be like, oh yeah, it got approved yesterday. Look at the price. So they gave us another 24 hours of pump. We've got the pump of metal pumping. Then, you know, a new cycle, you're probably not going to want to talk about it 36 hours later, 48 hours. So we got that pump. We got a nice strong pump for 24 hours. And then it went down folks. And then it went down. We went from, I believe that was about 55K, right? No, no, I'm sorry. 65K. 64, 64 .3. And then we dropped down to what about a week later? We got dropped down about 57 .8. All right. So we went from 63, 64, all the way back down to 57. And then we set in a new all time high. What was the amount of days from that low? What's the date? If you just hover, it gives you the date, right? On the bottom, it gives you the date. So date October 28th, it peaked November 10th. All right. So 13 days later. So a week later, it put in a local low. And then two weeks later, new all time high. Will the spot or will the futures ETH ETF play out in a similar way? I don't think we're, obviously we're not going to go to 4 ,500. We're not sending in a new all time high. But what I'm thinking is we might have a similar chart pattern. You're the Bitcoin ETF. In reality, this is only a period. That means we might have. All right. So that's the date. That's we're five days away from Tuesday, right? Friday, Saturday, Sunday, Monday, Tuesday. Go back five days from that, from the 19th. So go to the 14th, October 14th. 14th is right here. Boom. Nice big pump. It pumped for five days. Buy the room or sell the news. And then it dropped. And so maybe we're going to have a really good next four days. Maybe. You know, maybe I would say that that's a little bit premature. I think we have to look at a lot of different things going on. Obviously, we're getting close to the part where the market was going to top out and go to the downside. I think there, if anything, the case to be made here, even though there was some pump in that happens here, I would only make the case that this is proof ETFs can't save you from the bear market starting. I think there's I think it's a mixed bag. I think it's a little bit too irresponsible to try to say, well, back in October 2021, this happened. Well, there was a lot of things with timing and a lot of other different things. I think let's watch ETF. It will be bullish long term. But remember, futures ETFs allow both longing and shorting. So volatility is more what I'm predicting, not necessarily a firm. Let me play devil's advocate. That was what a lot of smart people thought was going to be the top or near the top. So if you have some, I have to hold this instrument for six months, and it's October 2021, you have one choice. You open in a long in October 21, you open in a short in October 21. I feel like a lot of smart money is choosing short. Well, let's go to today. We're almost half a year from the having. You have a choice. Are you going to open a long today to cash in in six months? Are you going to open a short today to cash in in six months? I feel like then many more people are going to choose short relative to today. You know what, let's actually that takes us into our next story. Let's talk about the big investors. Will they choose Bitcoin? Will they choose Ethereum? Will they choose, you know, futures or will they wait for spot? Here's what this Fidelity executive has to say. Ethereum investment thesis could be easier for institutions to grasp than this big, then bitcoins. And here is why. This was with the interview with a bankless YouTube channel. I do like bankless Fidelity's director of research, Chris Cooper, I think says the firm's Ethereum investment thesis could be an easier concept for blue chips to understand. With traditional, it's probably more easily go with them something like ether, then show them things where they grasp much quicker than investment thesis for Bitcoin. The investment thesis for Bitcoin, according to Cooper, is to truly understand it, you got to first to dabble into politics, got no little philosophy, got to know some game theory, got to know some economics, got to know some other concepts, you got to know the Byzantine generals problem, you got to know what the white paper is, you got to hate the NSA and the surveillance state. It's a lot, right? It is a lot. I remember that feeling, you know, half a decade ago, maybe more. Well, you know, I learned about Bitcoin, I didn't really get into it to about half a decade ago. I remember watching Andreas Antonopoulos clips on YouTube. And I just, I'm just alone in my living room with, you know, with, you know, maybe Mary J was there, but you know, I'm just alone. I'm watching this and my mind's getting blown here. And I'm just like, my God, I'm just so into what this guy is putting down. And then you go to your friend, and you try to, you're full of zeal. You feel like a religious apostle. And you're like, oh, my God, have you heard this thing called Bitcoin and what it's doing? And then you just get a blank stare back. Yeah. It's like, oh, yeah, I ate the orange pill, didn't I? Yeah. It's taken me back to these feelings here. All right. So yeah, it's a lot. Basically, what I'm saying, it's a lot to wrap your head around Bitcoin, folks. That's all I'm saying. I had the my first exposure to Bitcoin whatsoever was back in 2013. And I was the opposite side of that. What you just said, the staring face. There is this kid I met. He was very passionate about Bitcoin, tried to convince me it was the one world currency that Revelation talks about. He also was a pot farmer. So I looked at him and I said, OK, buddy, good story. Now, it turns out I should have gotten in when he told me to. He he was right. I should have gotten into Bitcoin. But I do hold to when you hear a lunatic who is growing pot for a living tell you that this currency is what Revelation talks about. You got it. You got to at least question it a little bit. I understand people still being stone faced at this point. Yeah. My first two exposure was 4chan and I was like, oh, anything they suggest is a scam, is a honeypot. And they are trying to hack me. And so that honestly, like in a weird way, learning I learned about it from too shady of a source. I was like, oh, yeah, I'm going to stay away from that one. The second exposure was my buddy buying ecstasy pills of Silk Road. And I'm like, again, another thing I want to stay away from. No, man, I'm good. I'm good. And then Silk Road happened. And also he lost his Bitcoin on a hard drive. So I was just like, yeah, I don't know about this, man. I don't know about this. And then eventually, you know, the hook got me there. All right. Well, you know, that's what we're saying about Bitcoin to truly understand it. It is a whole lot, you know, but imagine that you can get in front of them and just say, look, talking about Ethereum, here's the metrics, here's the cash flow, you put in your inputs, and they're looking at it like another financial instrument. And they're like, oh, yeah, that makes sense to me, you can have these scenario analyses where you could get your head around the probabilities. And then that way, people can size their position accordingly. That's how an institutional investor thinks. That's how a good investor thinks. They think around probability scenario analysis. And in fact, they are so strongly about that they capitalize the eye there. That's how institutional investor thinks. They really, they think about the probability scenarios there. So yeah, I think that's a pretty good, pretty good point there.
Northwest Newsradio
"us senate" Discussed on Northwest Newsradio
"Felt good at 46 and 46 the Mariners eight games back of AL West front -running Texas and five behind the wildcard leaders Seattle has Logan Gilbert on the mound at 640 tonight Minnesota counters with veteran Sonny Gray five Washington Huskies including receiver Roma Dunze and Jalen McMillan are on the preseason all pac -12 football team quarterback Michael Pennix and linebacker at f1 Ola Foshio represent u -dub at this Friday's pac -12 media day Argentina superstar Lionel Messi has arrived in in South Florida his first major league soccer match could be Friday for Inter Miami and its Women's World Cup week in New Zealand Australia the United States open Friday against Vietnam sports with Schwartz 10 at and 40 after the hour Northwest News Radio Northwest News Time now 2 11 well this week the House Committee Oversight will hold a hearing on UFOs or what are now called unidentified aerial phenomena and ABC's Jay Iacocci is in Washington with more on the upcoming hearing representative Tim chit announcing on Twitter that the House Oversight Committee will hold a hearing on uaps on Wednesday the hearing comes after several Republican lawmakers promise to look deeper into the flying objects following unproven whistleblower allegations that the US military has recently recovered a crashed alien craft. Virgil told reporters Monday that he's done with the cover -ups but couldn't elaborate into ethics. Iacocci ABC News Washington mindful of the growing economic power of India the u .s. attempts to boost relations more from ABC's Tom Rivers at the foreign desk meeting with her Indian counterpart part in Gujarat province Janet Yellen says our collaboration spans a range of economic issues including commercial and technological collaboration strengthening supply chains and catalyzing the clean energy transition the Treasury Secretary adds she hopes to use the G20 meeting to make coalition stronger India is the president of the global grouping this year. Tom Rivers ABC News at the foreign desk and the world's second -largest economy experiencing some headwinds for that part coverage of our ABC's Chuck Severson. Below expectations the broadest gauge of all economic activity China's gross domestic product. The GDP in the second quarter was up by 0 .8 percent quarter on quarter. A translator spokesperson for the of China's National Bureau of Statistics citing falling exports weak retail sales slowing growth and the overall employment in China is high. The survey unemployment rates of population aged from 16 to 24 was 21 .3 percent. Report says this all puts further pressure on global expansion Chuck Severson ABC News. US senators from both sides of the aisle believe NATO will likely expand into Asia. And our Asian allies are looking very closely to what has happened with Ukraine. Illinois Democrat Tammy Duckworth and Alaska Republican Dan Sullivan spoke in agreement on NBC's Meet the Press. Sullivan says China's increasing influence makes NATO's expansion into Asia more likely. Oh I think it is. It wasn't just the mention of China several times almost 20 times on my count. Sullivan was part of a US Senate delegation at last week's NATO summit noting the Prime Minister of Japan and President the of Korea were there. Duckworth, a combat veteran who serves on the Senate Foreign Relations and Senate Armed Services Committee says Russia's invasion of Ukraine has united several Asian countries and much of the world against President Vladimir Putin's aggression. Northwest News Time 214. The roads we go for an update on traffic 10 every minutes on the force from the High Performance New a bit of a backup forming on both directions of Highway 99 just south of the Aurora Bridge and there is a 911 call into accident an there so be on guard I have a feeling it's in the northbound direction south and I -5 is slow from Northgate most of the way downtown into Seattle now it's busy on the east side just crowds southbound 405 leaving southeast safe right up towards sunset Renton in and as it gets a little later it's starting to fill in in Renton on both directions of 167 around south 180th and on south and I -5 right up that south center hill but it's that dry between Pierce and Thurston counties that is suffering today we have rollover a lumber truck in Lacey that's fully blocking eastbound Marvin Road above I -5 and the South 5 off ramp to Eastbound 510 is also blocked for cleanup so that's putting some extra pressure on South and I -5 leaving to Squally plus it's busy around JBLM 2 on South and I -5 we had an earlier brushfire burning in the median of I -5 in Bellingham near Amish way that is out in both left lanes are back open again in both directions but we're seeing some road work today further south in Skagit County and it's causing five miles of slowing on South and I -5 approaching Bow Hill Road this report is sponsored by plumbing Beacon and electrical it's hot out there time to add an AC or fix your existing AC did you know Beacon does air stop freakin and call Beacon your next Northwest traffic at 224 here's the Puget Sound forecast sponsored by Northwest crawlspace services some clouds tonight blows falling into the 50s sunny though in mid 70s tomorrow back into the 80s through Saturday cooling a bit on Sunday downtown temperature 73 now at Northwest News radio news radio 1000 FM 97 7 your information station sponsored by Muckleshoot casino thank you for joining us I'm Rick fansites along with editor Bill O 'Neill here's check on headline Secretary of State Antony Blinken is urging the Senate to confirm more than 60 State Department nominees who have blocked by a handful of Republicans Blinken saying today he has serious concerns and the delays find America's national security he said nominees are being black for leverage on unrelated issues calling that another sign the August primary is nearing Pierce County election
WTOP
"us senate" Discussed on WTOP
"Tonight the US Senate is currently considering eleven amendments to the debt limit bill before moving to vote on final passage of the legislation late tonight or early tomorrow morning one amendment proposed by Virginia Democratic Senator Tim Kaine would pull a pipeline provision we understand voting is going on about that currently let's get more tonight from WTOP's Mitchell Miller today on the hill pipelines don't get built in the air you got to take people's land Senator Kaine is upset about the inclusion of language in the bill that bypasses the courts to fast track a pipeline that would stretch from West Virginia into West Virginia I think it's frankly an outrageous giveaway that is unjustified and nearly unprecedented Senate Senate Majority Leader Chuck Schumer is trying to balance amendment requests from senators with the clock since the default deadline is Monday other senators have issues with the level of defense spending in the bill which they say is not enough on a separate matter involving debt the Senate today has voted to repeal the president's student debt forgiveness plan which the White House expected is to veto on Capitol Hill Mitchell Miller WTOP news and we are getting the latest information from Mitchell that the pipeline will survive in this measure as the voting is trending that way right now the pipeline survives and of course West Virginia Democratic Senator Joe Manchin would be pleased about that Tim Kaine of Virginia less so stay with us tonight for complete coverage well former President Trump spoke at a town hall moderated by Fox News host Sean Hannity tonight this was a event that was recorded earlier it wasn't like that CNN town hall with a live audience in the studio or in the hall President Trump took jabs at his new political opponent Florida Governor Ron DeSantis he also took credit for the overturning of Roe Wade versus in June of last year well I did something that nobody thought was possible I got rid of Roe v. and Wade by
Northwest Newsradio
"us senate" Discussed on Northwest Newsradio
"The U.S. Senate confirmed Daniel werfel to serve as the commissioner of the Internal Revenue Service as Sue aller tells us, 6 Republicans broke ranks to help pass the vote. With bipartisan support, the Senate confirmed Danny werfel President Biden's pick to lead the IRS. As the new commissioner of the Internal Revenue Service, he will oversee the agency's $80 billion overhaul through the inflation reduction act. Senators voted 54 to 42 to confirm were a fall, including 6 Republicans, but South Dakota senator John thune voted against him. $8 million, which is about 6 times their annual budget. And 87,000 new employees have the IRS and many of us ask questions at the time about how those higher risk employees are able to be deployed. What are these people all going to be doing out there? We're full says he will not expand tax audits on businesses and households making less than $400,000 per year. He will serve a 5 year term as IRS commissioner. I'm Sue aller. Texas held an execution at their state prison yesterday. Lisa dwyer has the story. Texas is executed an inmate for the drug related killings of four people more than 30 years ago, including a woman who was 9 months pregnant. All four had been tied up and shot in the head and he used at home during a drug robbery in 1992. 52 year old Arthur Brown junior received a lethal injection and Huntsville Texas. His execution was carried out after the U.S. Supreme Court declined to stop it. Brown's attorneys had argued he was exempt from execution because he was intellectually disabled. Brown was the 5th inmate in Texas in the 9th in the U.S., but to death this year. I'm Lisa dwyer. The Michigan legislature has voted to repeal a nearly century old law that criminalized abortion. The state's Senate passed HB four zero zero 6, which revoked in 1931 law that banned abortion in the Wolverine state. The bill also repeals laws that made the procedure of felony punishable by four years in prison and a similar provision that made it illegal to sell pills or powders that could cause an abortion. The bill passed both Michigan chambers for the most part on party lines and now heads to governor Gretchen Whitmer for her signature. 12 till now on America in the morning, Visa and Mastercard have frozen a plan to categorize purchases at gun stores after pressure from gun rights groups, correspond to Jackie Quinn explains. The credit card companies decision is a win for Second Amendment to advocates and a defeat for gun control groups, who had been hoping that by creating a separate gun store category. Authorities would be able to see potential red flags like a significant purchase of ammunition before a mass shooting occurred. Montana's attorney general led a 24 state pressure campaign to block the idea of a gun purchase category, fearing discrimination against legal gun buyers and said Visa and Mastercard shouldn't just pause their plan. They should end it for good. Several states are weighing legislation that would ban the tracking of weapons purchases. I'm Jackie Quinn. The death toll has risen to 13 in
Bloomberg Radio New York
"us senate" Discussed on Bloomberg Radio New York
"Where we are destroying the country we love. That's what's happening right here in America. We are destroying the country we love. Now, to be clear, it's not you, it's not me, we're not destroying our country. It's a president of the United States who is destroying our country. It's a U.S. Senate, there's destroying our country. It's the news media. It's a Democrat party, academia, Hollywood, Wall Street, and many of our big corporations. Wait, that leaves everything but the Republican Party. It wasn't also dour, not so far. Senator Kennedy, of course, keeping things on the up and up. John Kennedy of Louisiana. I look for grace. Wherever I can find. Oh, see, exactly. So I say this gently. The Baden administration sucks. Okay. Getting to the point we reassemble our panel here with cpac, the backdrop, Lester Munson and Jeannie chansa. Lester, as I mentioned, a lot has been said about the people who are not there. We know that Donald Trump is the headliner, and this is the organization, and this event is turning into a bit of a Trump convention. Ron DeSantis will not be there. Kevin McCarthy will not be there. I don't think any chair is significant chairs from Capitol Hill will be there, Mike Pence is not attending
Northwest Newsradio
"us senate" Discussed on Northwest Newsradio
"News radio 1000 FM 97 7, stay connected, stay informed. Good afternoon, two O two, some clouds and about 45° in downtown Seattle will have the full forecast coming up in just moments, but first time Jeff pojo with the news benefit managers and clawbacks get the blame for high prescription drug prices as a U.S. Senate committee chair by Washington's Maria Cantwell debates how to control those costs. Northwest news radio's corwin Hague explains. Appearing at a U.S. Senate commerce committee hearing doctor Ryan off Deborah says, pharmacy benefit managers or PBMs will often charge a copay that is higher than the drug's price without insurance, then claw back the difference from the pharmacy. These fees are totally unpredictable and make it completely impossible to run a sustainable business. After bro, a Seattle pharmacy executive and also a U dub pharmacy professor testified at the invitation of committee chair Maria Cantwell, democratic senator from our state, Cantwell favors discounts for pharmacies like issaquah based Costco, who buy in bulk, but clawbacks force her to ask is the consumer getting the discount or the very manufacturers who own the PBMs getting the discount and parking in. Get well supports the pharmacy benefit manager transparency act, which would prohibit clawbacks or any unfair or deceptive PBM conduct that drives up consumer costs. University of Chicago economics professor Casey Mulligan is skeptical suggesting the bill is anti competitive. If you're going to regulate contracts between pharmacies and other businesses, then that means those businesses are going to tend to merge. And you'll tend to favor the big guys. Get well fires back. No one who thinks spread pricing or clawbacks are the way to make the market function. Corwin hake, northwest, news radio. The Food and Drug Administration has new powers to recall dangerous cosmetics. The authority was granted by Congress as part of the most recent omnibus spending bill passed back in December when Democrats still controlled the House. Senator patty Murray, a Washington Democrat, says she pushed for the changes. Everybody deserves to be able to trust that when they pick up some lipstick or baby powder at the drugstore, it is actually safe for them to use. She points to recent incidents involving dangerous chemicals being found in shampoos and says that at that time, the FDA didn't have the power to act. Many Republicans oppose the bill, but because the legislation covered so many other issues, the no votes could have been for something else. Northwest
WBUR
"us senate" Discussed on WBUR
"At home in the 50 50 divided US Senate, a small bipartisan group of senators cuts a deal on a trillion dollar infrastructure plan. There is tentative agreement on a framework but obviously of their salon ways to go and this our how water cut bags amid the deepening drought in the Western US raised fears of another major wildfire season, already feeling the temperature shifts. Which earlier when we've seen in many, many years journey cloudy in the seventies today, potato one. Now the news is Live from NPR News in Washington on Korova Coleman, a bipartisan group of 10 senators has announced a tentative agreement among themselves on at $1.2 trillion infrastructure package. NPR's Susan Davis reports. The deal has not been approved by the White House or party leaders. The group was led by Democratic Senator Kirsten Cinema of Arizona and Republican Senator Rob Portman of Ohio. According to sources familiar with the framework it focuses on traditional infrastructure needs and includes $579 billion in new spending without raising taxes. Biden initially called for more than $2 trillion in new spending with new taxes and with a far broader scope that includes efforts to combat climate change and boost electric cars. In a statement, The White House commended the senators, but said questions remain about the size and scope of the bill. Party leaders have not yet commented on the offer. Susan Davis NPR NEWS Washington A drought is deepening in the West. Federal experts say the danger from destructive wildfires is growing. It's worsened by climate change. The experts have issued a rare, extremely critical fire warning for Colorado. NPR's Nathan Rott says other states such as California are preparing for the fire season. California's hired more than 1400 additional firefighters just for this summer. And its positioning than the places that now seem to burn every year. You know, Napa Valley? Um they've also tried to ramp up prescribed fires, which you know, can put fire on the landscape in a more directed way Other states in the southwestern particular on high alert and warning people as they go out this summer. To be careful when they're in the woods. NPR's Nathan Raab reporting in Arizona. Disastrous wildfires are burning. Arizona Governor Doug Ducey says that he is recalling the Arizona State Legislature for a special session. They will address resources for firefighters in Arizona. Privacy advocates are warning about a new apple feature. It allows an iPhone to copy and store state driver's licenses as NPR's Bobby Allyn reports, Apple says This is about convenience, but experts worry about misuse. Apple wants to disrupt the wallet. It's working with states and the Transportation Security Administration. To allow digital IEDs on iPhones to be accepted as official proof of identity. Privacy experts worry about this being used for unwanted tracking, and the possibility of Apple one day selling license data to advertisers. There? Um, Sinnreich at American University, says he's also concerned about the IEDs being exposed in a hack. They are all good reasons why we should give pause before ceding some of the functions of our state government to a private corporation. Apple says the ideas will be encrypted and secure. But critics say the tech giant's real end goal is to make iPhones indispensable. Bobby Allen NPR NEWS SAN Francisco Apple is a financial supporter of NPR. This is NPR. This is 90.9 W B. You are good morning. I'm Bob Oakes. Health officials say the majority of the state is no longer at risk of coronavirus. Transmission around 40. Cities and towns are considered to be at low risk, but none are at moderate or high risk for the first time since the state started using those designations last summer. More than 3.9 million people statewide have been fully vaccinated and the seven a positive coronavirus test rate is at 0.51%. Coronavirus metrics in schools are also trending in the right direction. Education officials say. 103 students and staff members statewide tested positive in the last week. 21% drop from the week prior. Boston, Worcester and Springfield are the districts with the highest number of students infections right now. The family of a black college student from East and killed by police in New York more than a decade ago, is hopeful a new review of the shooting will bring justice. The Westchester district attorney in New York yesterday announced an independent review into the death of Dan Roy, D. J. Henry D. J. Henry was killed 20 years ago when a white officer shot and killed him. W B U. R S HENNA Chynna Tree reports His family has been fighting for a special investigation for years. The D A says the review is warranted because the public has higher expectations for interactions between police and unarmed people. Henry's parents are saddened has taken so long to review the case. His mother, Angela says she thinks about her son. Every day. We're still fighting. We will not let this not let him be forgotten. We're just going to do all that we can as a family to honor him and all that we do. Every day, Henry was fatally shot while trying to drive away from a disturbance outside a bar. Grand jury cleared the officer who claimed he fired in self defense for 90.9. W bur. I'm Hannah Shnah tree. Group of former state Republican Party leaders is calling on the parties current state chair Jim Lyons to step down, but Lyon says he won't go. It comes after Lions failed to push for the removal of the GOP committee member who made homophobic comments about a gay Republican congressional candidate. The group accuses Lions of putting his own welfare above the parties. Lion says people calling for him to step down are turning their backs on free speech. Sports Red Sox scored five runs in the sixth inning last night at Fenway and a come from behind when they beat the Houston Astros 12 to 8 and avoided a series sweep. Red Sox. Does the Blue Jays.
The Children's Hour
"us senate" Discussed on The Children's Hour
"You so much for coming onto. The jains are with us today. Also it was nice having you will thank you both so much for interviewing me and for taking the time to learn a little bit more about the senate very nice and we hope you out in the audience. Learn something to that was. I'm a dais and zen. Menendez talking with senator martin hinrichs staffer elsom menendez. Who is their aunt. Thank you very much for that wonderful piece. You're listening to the children's hour Seen there's no one. Lincoln really tall martin. Dinosaurs and fossils constitution and dream down a drew are you are you. Don could be heard but you have to tell the party. Hold up his stand up. Gather with the change in washington d. c. you washington. Dc is the not. it's you are listening to the children's hour. This next one is inspired by a law. That is taking shape in state legislatures around the united states. And maybe we'll become a federal law. It's called the crown act. It's a law that prohibits or stops discrimination based on hair. This is.
The Children's Hour
"us senate" Discussed on The Children's Hour
"And those events again are highlighting The the work that they're doing again in support of their constituents so very very busy schedule Every senators got scheduler who of sometimes several schedulers who are coordinating where they're supposed to be at any given moment and it's very very it's a it's a lot they also travel back and forth right. So for example senator heinrich will be in dc and then he'll come and spend some time in new mexico and when he's in new mexico he's doing things like again meeting with groups here relating to us a specific topic or he's visiting A national forest or he is again to highlight specific issues. So it's it's a. It's a very busy busy life. They work very very hard. What is your favorite thing about. Working for senator heinrich. Well my favorite thing. About working for senator heinrich a couple of them one is that i really believe in senator heinrich. I really believe in in who he is and how. He's trying to represent our interest in in new mexico and how he's really trying to serve the people of new mexico Secondly just love the team that he has assembled with our state director. Edward tablet cabello and our chief of staff rebecca evita and all these amazing colleagues that i work with in new mexico and also in. Rdc offices and then my favorite favorite thing is getting to feel like i am helping to represent The people that i love in the state and the state that i love so much and helping to make sure that That the laws and the resources that are getting passed in the senate are having the most positive impact possible on the people of new mexico. Thank.
The Children's Hour
"us senate" Discussed on The Children's Hour
"To the children's hour stick.
The Children's Hour
"us senate" Discussed on The Children's Hour
"From schoolhouse rock the vote. That's three ring government with the roots in jazzy fastness. Thanks so much to then novice. They have a lot more coming up for us on the show about the senate and while you were listening to them you also heard coetze and you heard mellow see. Little was before zana nominee ask while i am very excited to have back with us on the children's our our own new mexico. Senator martin heinrich welcome. Back to the children's hour. Senator heinrich it's great to be here senator. You have been serving the state of new mexico since twenty thirteen. That makes you our senior senator now and you serve on a number of committees including the money. Spending committee appropriations intelligence committee as well as the natural resources committee and the armed services committee and today on the show. I know the kids. And i we really excited to talk with you about some of the things you've been doing in particular to address climate change but the questions could be all over the map. This is the children's hour usually these. These questions are harder than the ones that get from. Cnn so we'll try to live up to that. I'm gonna give you it easy first question. Can you quickly describe the difference between being a senator and being in the house of representatives. You've been both the house and senate have sort of different jobs in that. Both of them approved the laws that become national laws federal laws but the senate has additional duties including a approving the cabinet members of of new president approving judges that That serve at the federal level or even on the supreme court. So it's it's a little bit of of everything and you specialize a bit in that. Every senator sits on specific committees where you get deeper into the details of things. In addition to voting on the laws. I sit on for example. The energy and natural resources committee that sets a lot of policy of revenue energy and climate. It's also a committee that does a lot of policy around our public lands and new mexico has so many harksen forests and other public lands. That that's really important work as well. Why you do for our state well. I tried to advocate for our state. And make sure that we're able to address some of the needs that our state has that are different from other states. We have things in our state like Like cindy national labs and there are lots of states that don't have initial lab We have a lot of national parks of public lands. Lot of states back east. That don't necessarily have those things. We have whole. Tribal sovereign nations insider state when many eastern states. Don't have a tribal governments today. So i try to work on those things to make sure that things that maybe not everybody would be looking out for in in washington. Dc that the things that are important to new mexicans get attention that they deserve. What do you like most about your job. I think the thing. I like most is when i'm able to accomplish something that's really important to people in new mexico and sometimes it's hard to do that like changing laws is in hard But the people that come up to you afterwards who in one way or another have benefited from that and tell you stories That's that's really probably one of the greatest things about this job is being stopped in the grocery store for somebody to talk about something that was really important to them. We're talking with us. Senator martin heinrich. He is representing the state of new mexico in the united states. Congress in the senate and today's show we're talking about the us senate to learn how it works from people who actually work there. Senator heinrich we are gonna come back and talk to you. More about climate change and the efforts. You are making to address this incredibly critical issue. The kids are worried about the meantime. You're listening.
The Children's Hour
"us senate" Discussed on The Children's Hour
"Iran is much right. Here is talk arranged. Kitchen rank judiciary is so number one. The show's just begun. vega president. is that the get the ringmaster govern number what they do because your attention on reading this year ease in the spotlight court steak the laws and they tame the times bands singing the wrong with how any controls the afc checks sunset the show once john port the audience zana like the country. Us get to call me. See added do.
The Children's Hour
"us senate" Discussed on The Children's Hour
"Bet you at least heard of the us senate after all. It's pretty important but do you know what it is or how does it even work. Well as senate is of the. Us congress it has been around since seventeen eighty nine and has exactly one hundred members to members for each one of the fifty states. The us the people who work in the senate or call us senators not to be confused with state senators. Who will talk about in a moment. That's nice all you may be thinking. But what does the senate it's senators do. And in that question. My friends is where it gets interesting the. Us senate is all about making important decisions not little decisions like what sweater to where or how much ice cream to eat. Even though those can be really good to think about the senate can make decisions on passing laws voting in supreme court justices and even things like treaties involving other countries for the passing of laws and other matters that need to be voted on. The senate need sixty votes in order for something to pass. However when approving us supreme court justices and presidential nominees a simple majority of fifty one votes is enough to pass the roped when passing laws. The us senate actually needs to work together with the second part of the us congress. The us house of representatives both the us senate in the us house of representatives can come up with proposed laws also known as bills to be voted upon depending on which side of the us congress. A bill starts in the other side will then have the final vote on whether it becomes an actual law the us senate is considered the higher chamber and the house of representatives is the lower chamber one of the reasons this is so is because the senate has a little bit more freedom having unlimited debate time and is able to work with other countries.
RJ Politics
"us senate" Discussed on RJ Politics
"Because i i've been to many of his events seen him speak many many times and you know some reporters in texas now started to ask me and others always ask me like what's what's the is professional wrestling if you ever watch it. He's doing professional wrestling. Promos as political theater where you know he used to. He did a bit about taking a steel chair to the establishment itself. I mean it was. It was that like brazen. It wasn't even sort of subverted in their no it was. It was quite quite literally literally beating people over the head with these metaphors up and one of the things that happens in professional wrestling is if you have a gimmick in a certain area or territory whenever and it's not working you leave and you totally reinvent this new character to be somewhere else and i think that's what happened. We've never seen somebody to be so thorough on. The professional wrestling is exactly like politics. Sort of gimmick and that. And that's really what it is. Egypt he just got a new gimmick nia a new venue for it and and who knows you know if this doesn't work out there's plenty of other states in the union. There's plenty of other elections that every two years. It happens every two years so there are so. We have not heard the last dan road. Amer in on your point to your point in terms of his electoral performance. He didn't embarrass himself. You know When he ran for state senate in twenty eighteen he lost to a former member of the assembly who was Sort sort of neutrally regarded but he beat a former state senator Who who was sort of an inconsequential a state senator but nonetheless a name that people knew in nevada. He beat her to to come in second in that republican primary in two thousand eighteen and then in twenty twenty. He beat a field of candidates that included a former statewide elected official to win the nomination. So it's not like he is completely ridiculous and You know loses all the time and makes a fool so he actually has a record of winning certain primaries and so you know that he does have something to go on whether or not he should have may be stayed in nevada in run for another office and then sort of tried to build on that i think is another thing but i think you know i agree with you. I think he realized okay. Well i've tried twice once in a small district once in a larger district probably opposite of out should have been People are buying it here. Maybe it's time to move on to somewhere else and and this special election Sort of a gimme right. It's like the space between spaces. You know the twenty twenty ran than twenty twenty two loses this one he can still start gearing up for twenty twenty two and see what happens then so maybe someday we will see dan big. Dan wrote emmer in the congress of the united states. And if we do the plaque outside his office. I really hope has big. Dan in in quotation marks From whatever stadium prepar well. We'll always keep our eye on that and all these other elections that we talked about plenty for this week. I think you can always find us every friday. You can us on. Social media. Narrow does phonics. The nazis belly us on twitter. And make sure that you're liking and subscribing wherever you get your podcast wherever you're listening right this second as always i m politics worry appleton. Governor steve sibelius thanks so much for..
RJ Politics
"us senate" Discussed on RJ Politics
"They could get crossover votes. And each one has something You know mark hutchinson was the lawyer for those from two thousand seven. Two thousand eighteen recalls. That's kind of a black mark With him amway the congressional record and of course you know there's tons of stuff that you can deploy against day you know he you could say he talked a good game but voted with trump voted not to impeach trump. A couple of times and all that Ben key kaffir. I think it would be a great republican statewide candidate. He would have to spend a lot of money to improve his name. Recognition in other parts of the state. Same with heidi ganster. There're all the the problem with all for all those people is not generally it is. The primary is getting over that that big mountain climbing the everest. That is the republican primary. After that. it's it's. I'm not going say off down here because this is going to be a fairly formidable candidate. I think it is on ride. His gonna raise money. He's going to have a things that he did that That i think you can point to. He can point to that justifies reelection and so but they would be good. it would be good candidates. They would be good candidates. The problem for republicans is what happens if they nominee. I don't see on this list. We'll talk about senate second but the name adam lack laxa or a similar name does not appear on this list. And if there was an atom lack salt that person would be the favourite to win the primary. Let's just be honest about Adam lack laxa won the primary He by default. Nobody even decided to run against him because everybody in nevada knew that he was going to appeal to that. That party base now. I think his image has been shattered a little bit. I think he's been shown to a little bit to be a paper tiger after his performance against his lack which was abysmal. It was one of the worst campaigns. I think i've ever seen and certainly the worst campaign for governor in the state of nevada that i've seen since i've been covering in that's been going back a number of years so So someone like that. If there was a person who could excite the trump base who was a better candidate. And i don't know who this person might be that person i think would win a primary and so all of these folks talking amongst themselves is good. They've got to watch out for that x. factor though in and what who who that factor might be going forward. And i think that that could really be a problem in the primary but the general i is a completely different animal and and i think you know we've seen it before in two thousand ten Jim gibbons was running for a second term. And rory reid. The son of the senator Was the clark county commission chairman and he was running for governor against Against gibbons and some wise republicans in the state of nevada realized. Look we're gonna lose. We will lose jim. Gibbons he's too far to the right he has been a not a good governor. He's sort of been a clown in terms of you know Going down to office depot and buying veto stamp and holding a thing. And you know..
RJ Politics
"us senate" Discussed on RJ Politics
"I don't know if there are any wildcard candidates that are almost always are interesting to me about these. Things and lombardo is sort of a question mark because you as shariff he has not had a partisan job any really hasn't engaged in any partisan rhetoric. So we don't know you know one hundred percent worry stance but both hutch By hutch i refer to. Of course former lieutenant governor mark hutchison whose nickname such and in mark amady. Neither of them are known as being trump person. In fact i think hotch would most closely identify himself as a brian. Sandoval all republicans in that certainly not donald trump territory and mark a was kicked off the trump re election campaign For for the grievous. Sin of basically saying look with this ukraine business. I wanna find out if any laws were broken. I'm not saying i'm gonna beach guy in the ultimately didn't vote to impeach the guy he decide. I wanna find out what's going on. What the you know if there were any laws broken. Let's let's hear about it. Which is very reasonable kind of thing especially for somebody who by training as a lawyer which avenue is and and for that he was tossed out so neither of these guys are in the trump campaign and to me. The trump issue still looms large. I think some of these candidates understand that in their own mindset you know the the trump base is a still a very significant part of the republican party. And they're going to have to get that base and that's got to be part of what they're discussing who can motivate that. Donald trump base Because you know. I it's it's really true. If you ran a moderate and i think mark hutchinson on many issues is a moderate. What would what trump. Ace stu would they turn out or would they or would they just not show up and i think the very real possibility is a lot of them would just not show up because they say look. The guy is a rhino. He's not. He's not a fire-breathing know. insult tweeting. A guy who Who is going to really take it to the to the other side In fact he's known when he ran for state senate. He was known for running. The you know. Nicest most clean and mud-free campaign..
WBZ NewsRadio 1030
"us senate" Discussed on WBZ NewsRadio 1030
"Do that, because of concerns about possible criminal investigations into Mr Trump's phone call with Georgia State officials regarding the 2020 election results and is rolling, inciting the violent attack at the Capitol on January. 6th president Trump is expected to issue pardons to over 100. People is personal Attorney Rudy Giuliani is not on that part in list, he told ABC quote. I don't want one Karen Travers, ABC News Washington and a significant development today in the US Senate. Senate Republican leader Mitch McConnell opened the Senate, saying the pro trump mob that stormed the capital was fed lies by the president. And others in the deadly riot. McConnell's remarks coming on the president's last full day in office and the Republican leader vowed is safe and successful Inauguration of Joe Biden tomorrow And again. We're also watching the election results in Georgia. They have confirmed the winds there, which will flip the Senate to Democratic control. So a lot of developments happening right now. You're listening to double DBC news radio and the I Heart radio app. Let's go back to Joe Biden and his preparations not in terms of security. But in terms of policy. ABC Jim Ryan says rapid fire roll backs are expected for some key Trump administration policies. Immigration is high on the list on the campaign trail. Joe Biden called President Trump's immigration policies and unrelenting assault on American values. Now Biden plans to propose of sweeping bill that would provide an eight year path to citizenship for 11 million undocumented immigrants, including so called Drew Emerge people brought to the country illegally as Children and who are subject to deportation under Trump. The bill could be introduced right after Wednesday's inauguration. Generally in ABC News, more than a million Massachusetts residents sent their ballots by mail in the presidential election, one state senator says. Let's make it permanent. Senator Beck a rash of Needham, telling the Sun Chronicle The Mail in Voting Act is a new piece of legislation that would expand the current vote by mail system under the pandemic, she said. It's critical to expand access to pallet boxes, ballot boxes and to improve voter turnout. But there is opposition Massachusetts GOP Chairman Jim Lyons. Says he is opposed to this proposed law, citing claims of election fraud with the mail and process. Baseball executive with ties to Boston is out of a job over lewd text messages to a reporter Jared Porter, fired by the New York Mets, says their general manager after a story last night from ESPN detail Ng inappropriate and graphic text messages he sent to reporter while he was working with the Chicago Cubs. Back in 2016. Porter was just hired a month ago as the new GM for the Mets. And now he's out of a job. He spent 12 seasons with the Red Sox spending three World Series titles and left the organization as director of Pro scouting before his job with the Cubs. He also lived in Ducks Berry for his teenage years and was in 1999 Graduate Affair. Academy Mets owner Steve Cohen on Twitter today, saying there should be zero tolerance for this type of behavior. Jim McKay, WBC Boston's news radio. Dozens of dogs are safe after being rescued from a crowded home in Weymouth. Now they need forever homes. The animal Rescue League of Boston just took in some very good doggies from a very bad home. The conditions were unsanitary. It's an old house and Wood floors and stuff and not not good conditions for the animals or the people. Lieutenant Alan Borgo tells me it was an illegal Kendall situation in Weymouth. His investigation found 31 Chihuahuas inside to think that it got to the salon of dogs. We were told by some tips is there were more than this, but this is what we found in the house. But despite their rough upbringing, they look happy and playful is ever running around by my feet. If you're in the market for a Chihuahua, a 10 are available for adoption at the aerials, Boston location and another tenner and Weymouth. But even if you can't take one home, they'll certainly appreciate a visit. Some people just come in and walk the dog. That's all they do..
All In with Chris Hayes
"us senate" Discussed on All In with Chris Hayes
"Forgiven if you don't remember it now. But the week began with the revelation that trump had called georgia's secretary state and pressured him over an hour to just recalculate the presidential vote in his favor to find the votes. Just one more than the margin to flip the state and on tuesday we had the georgia senate runoff which resulted in the improbable. Victories by democrat. Jon ossoff n raphael warnock today. Republican produce actually conceded the closer those two races and congratulated also on his. The two wins in georgia. Mean that senator mitch. Mcconnell will lose his job as majority leader because the senate will be split fifty fifty an incoming president kamala harris will hold the tiebreaker. So that's a bummer. For mitch. now there's a pretty urging question given the possibility of a second impeachment trial and generally about the agenda for the biden administration confirming cabinet members as well of when warnock ossoff. We'll be seated. After all the point of impeaching. The president isn't just impeachment. Second time to get him out of office requires two thirds of the senate to vote to convict which is tall order. Dangle thinks they wouldn't even take it up but two democratic senators were certainly helped the cause georgia counties until january fifteenth. One week from today to certify the election results after that the sector state. Brad robbins burger has another week until the twenty second to certify statewide and then finally the two incoming democratic centers can be sworn it now robbins. Berger says he's aiming to have the certified by joe biden's inauguration on january twentieth. That's no short thing. No matter what happens. Democrats will not have the senate majority in the senate until after the inauguration because again the vice president holds a tiebreaker. For what it's worth. If mike pence somehow becomes president in the next days he gets to choose new. Vp that spot does not automatically go to nancy. Pelosi or anyone else now. House democrats are looking to vote on articles of impeachment next week. If they passed by majority they would then good senate remember. Trump's last senate impeachment. Trial lasted four weeks so it seems unlikely we would see a senate vote anyway before january twentieth. There is a twist here. Which is that trump could potentially still be. Impeached leaves office. There's some legal debate on that question. Impeachment conviction doesn't just remove a president could also bar him from holding office in the future. What duke reports. Democrats believe that possibility could senate republicans some of whom are eyeing a twenty twenty four bid themselves matter what happens. The reality is that as bad as the week has been for the country and it's been one of the worst i've seen. We lost another almost four thousand people to the coronavirus. Today it's also been a disastrous week for the republican party. The dust clears democrats are about to take full control. The government house senate presidency and they have their work cut out for them