40 Burst results for "Wall Street Journal"
Fresh update on "wall street journal" discussed on Thom Hartmann Program
"With professor Richard Wolfe. And prof wolf on Twitter is his Twitter handle, a professor wolf. Welcome back to the program. I'm reading actually a numerous sources, the one that kind of flagged this for me was Adam twos. Substack newsletter. But others as well that there are basically three large asset classes that fly around the world. Securities, stocks, debt, bonds, and real estate. And as the inflation rate is going down and the interest rates are going up, the price to the monthly payments that people have to make in order to buy a house or just exploding, which means that they can afford less and less expensive houses, which is starting to drive housing prices down. And if this precipitates a crisis or a crash of some sort and because every country in the world basically has to raise their interest rates when we do, even if they don't feel the need to because otherwise they're currency gets debased against the dollar. I mean, are we looking at a worldwide real estate crisis And if so, what does that mean? Well, I think the honest answer is we don't know what we're very afraid. Adam tuz is in that group as well. So am I. We don't know because everything now depends on all the linkages in our economy all the ways that producing fish in Japan is connected to getting bananas out of Central America or making software programs in Silicon Valley. The network of debts of buying and selling is so intense. So intricate and so poorly understood that the question is only will the downturn in housing which we are already involved in ramify how will it impact everything else? Could it take everything down with it? Absolutely. I mean, the conventional wisdom now is that the crash of 2008 and 9, the so called subprime mortgage crash begins where its name implies in the housing sector. And it was one of the second worst collapse of capitalism in the history of 400 years of this system that we've now had. So could it do it? Yeah. Could it be the beginning of real economic distress? Absolutely. Will it be? That depends again, it's like we're making a test case only the problem is that test cases us we're testing it on us, do we have enough resources? Have we adjusted enough since the last crash in 2008 and 9? Did we learn enough lessons are the political conditions going to allow us to apply the lessons we've learned, all of those are questions which we don't have the answer to, but how we get finally to an answer will tell us whether this downturn in housing is going to be the canary in the coal mine and the explosions are coming. Yeah, this is something that could bring the whole thing down. One of the other phenomena that we're seeing with regard to housing is hedge funds and giant vulture capital funds and whatnot. Moving into housing. I mean, literally there was a piece of The Wall Street Journal about a year ago about how every Monday I guess they hold the auctions for distressed properties or tax sales in Atlanta and these guys would show up literally with laundry bags cloth laundry bags filled with checks, bearer checks, bank checks, whatever you call them a certified checks. And quantities of 100,000 500,010 $1000 so they could just buy anything and have the money to instantly pay for it. And they're buying up all these houses and then turning them into rental properties. And in some communities, there was one that they talked about in Nashville where if something like a major chunk, I forget the percentage of the housing in that particular community, that particular suburb of national Nashville is now owned by one company. I think it was BlackRock. And the average rent has gone from around a $1000 a month up to $1700 a month. Again, if my memory serves me correctly, in just a couple of years, as a consequence of this, because once they kind of control the marketplace, they just start jacking prices up and you combine that with the fact that it's getting harder and harder for first time home buyers, you know, entry level homes are just kind of a thing of the past. What does this mean for housing and for our economy? First of all, in press, more importantly, in your mind, what are the best policy solutions for this? I know some countries aggressively limit who can own residential real estate, limit speculation and residential real estate. The other thing is there are a lot of foreign buyers for real estate in the United States. My understanding is there are more foreign owned, empty homes in the United States that have been bought as investments than there are homeless people in the United States. Now, I can't verify that number, but I've read it several places. So what does all this mean? What do we do about it? Well, let me respond by telling you a brief little story. I live in Manhattan, not very far from Fifth Avenue. And I have friends of mine who take a visitors of Americans mostly from other parts of the country on a kind of a tourist trip in New York while they're here. And one of their favorite things is to walk up Fifth Avenue a very chic part of New York City in the southern half of the city. And they do it at night, and they've pointed out to the tourists, look at all the windows that are dark. Here we are. It's a winter evening. Nobody's out and about, a very few are, but there's nobody there. And then it's explained to students what you just assume to the tourists, what you just said. Namely, these are safe deposit boxes. They've been purchased by wealthy people around the world as an investment. It tends to go up if you have a niece or a nephew visiting New York for a few weeks. They stay there, but other than that, it's loads and loads of empty houses and of empty apartments. And across the street, sitting on the curb or homeless people staring at the empty apartment, but they can't put these two things together. I think the basic way to answer your question is this. Housing is one of the most important things in any society. Food clothing shelter, right? Those are the basic things we need. Housing is the shelter part. Either you manage that as a basic right, it's like having enough food, having enough water, having enough air or you don't. If you leave it to the market, what you're saying is housing will be a profit making enterprise. If it's profitable, it will be produced. If it's profitable, it's price will go up if it's profitable. It's price will go down. But profits is what the key decision making variable is. And we now see what the results are. Two statistics to keep in mind. We have a higher percentage of young people married in their 20s living with their parents in the same house as
Jack Posobiec Describes the 'Saudi Shuffle'
"What's going on with Saudi Arabia? Outside of silly soccer stuff. Let's go on with the pump and dump. We call it the Saudi shuffle a massive pump and dump that took place yesterday. Single source reporting, similar to the international distribution James laporta, who was summarily fired from Associated Press. I don't know why they were dumpster diving into the bargain bin of The Daily Beast of higher reporters. I hope they never do that again. After they had to fire him for lying about the Poland missile strike that turns out actually was a cream missile, not a Russian missile. It was a stray missile, by the way zelensky still yet to apologize for that, or at least offer condolences. But in Saudi Arabia, there was a single sourced anonymous report to The Wall Street Journal yesterday that said that Saudi Arabia would be ramping up oil production. Now, remember, this has been a huge strategic goal for the Biden administration to ramp up OPEC's oil production because they've put the lock and chain on all American domestic production. And so for a second there, it looked as though the oil would be flooding the pumps would be going from Saudi Arabia and all because the Biden administration had given immunity to MBS himself The Crown prince essentially the ruler of Saudi Arabia in these lawsuits regarding the death of Khashoggi. This guy Khashoggi was in a very shady, very sinister character, wrote for The Washington Post, so already someone that we should definitely have an asterisk next to. But again, you tied to some very, very bad people in the Middle East. But here's what happened. The Saudis came out and completely denied the reports of the price of oil Charlie. For a couple hours there on the markets, the oil futures just spell. They were suddenly lying down. They said, oh, there's this huge deal because the Biden White House was taking incoming all day over this Khashoggi's widow comes out and is like, oh, how about you've killed him again? So she said, you've killed him again. Well, the dirty little secret is, it looks as though this entire thing was fake, and it was either cooked up by somebody on the street who had some nice puts maybe in the oil market and conducted a literal pump and dump with oil futures or or where they working potentially in conjunction with somebody in The White House. The Biden administration that was looking for a little bit of cover fire for the fact that they had given immunity to MBS and
Fresh update on "wall street journal" discussed on Bloomberg Businessweek
"Planning to shop online versus 67% in stores. Small business Saturday and cyber Monday follow. According to Deloitte insights almost half of all holiday shoppers plan to do at least some of their holiday shopping over Thanksgiving, weekend. My God, forgive me for what I'm going to do. That's the in line of a death note found on the phone of the man who committed a mass shooting this week at a Walmart in Chesapeake, Virginia, the city tweeted the full note where the suspect said he failed God and his associates were going to suffer the same as him. He said coworkers mocked him, laughed at him and said he was like the notorious serial killer, Jeffrey Dahmer. NYPD officers are being recognized for an amazing Thanksgiving save. Natalie migliore has the very latest. Body camera footage catches NYPD officers rush to the rescue of a man from an oncoming subway train. After he accidentally fell onto the tracks in Manhattan on Thanksgiving Day. A good Samaritan was trying to remove the man from the tracks when officers left their posts and came rushing to the rescue. They managed to get him on the platform. There's no word of his condition, but NYPD police commissioner kishon sul says New York's finest, always amazes her, saying the courage is second nature. I'm Natalie migliori. And Arizona Republican candidate for governor Carrie Lake is filing a lawsuit against Maricopa County officials. She accused them earlier this week of breaking election laws and demanding they provide information about voters whose ballots were impacted by election day printer issues, likes filing alleges that as many as 118 voting locations may have experienced problems, and that's the latest, I'm Jim Forbes. A last minute hearing is set for Monday for a Missouri man who scheduled to die by lethal injection on Tuesday. Kevin Johnson's supporters say his race as a black man was a factor in him receiving the death penalty. His lawyers also want the court to intervene because he has a history of mental illness and because he was 19 at the time of the crime. Johnson, who is now 37, killed a police officer in 2005. This year's Macy's Thanksgiving parade is breaking records. More now from Brian shook. Thursday's televised streaming of the parade had nearly 28 million viewers, the highest amount in 5 years. The telecast quickly became NBC's highest viewed program of this year. The parade was also peacock's most popular entertainment streaming event ever. The national dog show presented by purina aired immediately after and drew in just over 11 million viewers this year. I'm Brian shook. Disney's CEO bob Iger says theme parks have gotten too expensive. Iger was brought back as CEO on Sunday after leaving Disney less than a year ago. Since he left, daily admission prices to Disney theme parks have risen to $159 and will go up to $189 next month. The Wall Street Journal reported Wednesday that since his return eiger has complained to his friends at length about the price hikes at Disneyland, Disney World, and other theme parks. Disney has not commented on the report, and a vintage cassette tape of Paul McCartney and John Lennon is back at a Texas library 40 years after somebody checked it out. The 30 minute tape features the two musicians discussing how The Beatles got their start in the late 1950s, the tape is so old that it's no longer listed in the San Antonio library's collection. The date stamped on the borrowing card inside the tapes box indicates it was returned more than 16,000 days late. That's the latest, I'm Jim Forbes. Now this Bloomberg sports update the mixed return to the garden after a three and two West Coast road trip on Friday evening, but felt that the Trail Blazers one 32 one 29 in overtime. Portland was operating without an injured Damian Lillard, but Jeremy grant went for 44 points. Anthony Simon scored 38, combining for a prodigious production of 82 points, Jalen Brunson had 32 for the knickerbockers in the loss. The Knicks will host the grizzlies on Sunday afternoon. Meanwhile, the nets lost in Indiana one 28 one 17 Friday night, closing out a three game road trip. Kevin Durant had 36 points in the loss, while buddy healed miles Turner tyrese Halliburton and rookie Ben matheran combined for 90 in the win for Indiana. The pacers are a surprising 11 and 7 while Brooklyn is now 9 11, the blazes are hanging around the city to face the Brooklyn Nets on Sunday afternoon at Barclays center. The Devils won three to one on Friday night, visiting the sabers. The devil's hosted the capitals this evening after Washington shut out the flames three zip on Friday. Meanwhile, the islanders extended their winning streak to three games winning three to two in Columbus on Friday evening, the islanders host the flyers tonight, Philly lost four to one to the visiting Pittsburgh penguins on Friday. And like the Knicks, the rangers returned from a West Coast road trip, they'll entertain the Edmonton Oilers this afternoon. The giant slid the third place in the NFC east after a Thanksgiving Day loss to the cowboys, meanwhile the jets are ready for the bears on Sunday without a quarterback Zach Wilson, who's being benched in favor of QB Mike white. In college hoops eating all felt to Oklahoma 77 64 Friday night and the U.S. men's soccer team is another point in the path to the knockout stages following a nil nil draw with England on Friday. The team will play its final match of group play on Tuesday against Iran, where victory will mean the United States will advance in
Allen Weisselberg Testifies Trump Family Not Involved in Tax Fraud
"Don't want to pass up on this There was testimony today in a courtroom in New York City How about the Trump organization And Alan weisselberg a senior adviser former chief financial officer at former president Trump's organization He said he conspired with a subordinate to hide more than a decade's worth of extras from his taxable income Ready And I quote but that neither Trump nor the family were involved Excuse me But neither Trump nor the family were involved Can you tell me why that's not the leading story on every single cable news show I haven't even seen it once Can you tell me why that's not the lead story the headline at the New York Post front page Let's see if it is tomorrow Can you see if this is going to be the headline on one of the editorials from the office nerds at The Wall Street Journal Maybe it'll be a headline at the national review legal analyst Andy McCarthy He'll jump into this no question about that Let's just see Ladies and gentlemen how much the media how much the media focus on this
Fresh update on "wall street journal" discussed on Simply Bitcoin
"Talked about? Here's the U.S. inflation rate of last year to the last 12 months, the inflation rate has been around 7.7%. And we know the CPI is constantly manipulated to make it more favorable, right? And it's really interesting because Greenpeace, right? For some reason, Greenpeace is attacking is attacking fidelity too. It's very interesting. So Greenpeace Elizabeth Warren are saying the same thing says fidelity investment has promoted business and Bitcoin for years and is planning to widely offer Bitcoin as an option in its 401k funds this year to date fidelity has ignored Bitcoin's growing climate footprint and it's time for us to tell fidelity our planet can't afford an early retirement. Now what's interesting, right? Is why is Elizabeth Warren and why is fidelity as Greenpeace both focusing on fidelity in particular? So we know that she used this opportunity to release a Wall Street Journal piece. We know that this last part is BS because clearly if you actually look at the facts of saving in Bitcoin, it's clearly a lot more favorable than Fiat money. And I'll get to the receipts of that in a second, but why why they all mentioning fidelity? Well, it's simple, right? They don't want adoption, right? They don't want adoption because once you have adoption, it makes it incredibly difficult for them to stem the flow. And that's what this is about. That's why Greenpeace is going after fidelity. That's why Elizabeth Warren is going after fidelity. And this dumb motherfucker SPF blowing up and the whole crypto industry and all the scams in it. Just give these people more ammunition. If it was just Bitcoin, they would need to defend their side just on arguments alone and they can't do that. It's impossible. How do you justify the stealing of people's wealth through inflation through the basement? Especially for the lower and middle classes that are most affected by inflation. So fidelity has 40 million customers. It has $9.9 trillion under management. So think about it. You want to know why they're attacking this so hard, they're trying to stop the adoption of Bitcoin because the adoption of Bitcoin comes.
Candace Cameron Bure Reveals the Reason She Quit Hallmark
"The actor Candace Cameron beret is facing backlash now why would an actress face backlash? What did she do? Did she make some anti you name it comment? What did she do did she say men do not give birth? Which can definitely get you. Blacklisted, fun can use the term in Hollywood. No, let's find out. She's facing backlash following her recent comments about her new TV project that she said will prioritize portraying traditional marriage. That is bad news. Cameron bure, 46th, the former full House star showing you ever watch full House. And yes, you did too. All of you did, good. I'm sorry. Oh, you went to school with her? Wow. Made the remarks in a recently published interview with The Wall Street Journal magazine, a reporter asked whether great American family, the new cable network she joined after she left the hallmark channel this year, would feature same sex couples as leads in Hollywood movies. According to the journal, Cameron beret said, no. I think that great American family will keep traditional marriage at the core, she told the magazine. On its social media pages, great American family describes its programming as quote celebrating faith, family and country.
Fresh update on "wall street journal" discussed on Mark Levin
"But that neither Trump nor the family were involved. Excuse me? But neither Trump nor the family were involved. Can you tell me why that's not the leading story on every single cable news show? I haven't even seen it once. Can you tell me why that's not the lead story, the headline at the New York Post front page? Let's see if it is tomorrow. Can you see if this is going to be the headline on one of the editorials from the office nerds at The Wall Street Journal? Maybe it'll be a headline at the national review, legal analyst Andy McCarthy. He'll jump into this, no question about that. Let's just see. Ladies and gentlemen, how much the media, how much the media focus on this. Let me quote it again. Quote, Alan weisselberg, a senior adviser and former chief financial officer at the ex-president's Trump organization. Said he conspired with the subordinate to hide more than a decade's worth of extras from his tax bill income. But that neither trumped with a family were involved. Wow. Meanwhile, the associated depress starts with this sentence. Donald Trump's longtime finance chief choked up on the witness stand Thursday saying he betrayed the Trump family's trust by scheming to Dodge taxes on 1.7 million in company benefits. But there it is, the first sent Donald Trump's longtime finance chief. Shouldn't the headline be Donald Trump's longtime finance chief? Completely exonerates him mister producer? Now we have that. And you know it's funny, I do these things and people say, why do you trumper? I'm telling you what's going on. And then we have our friends at PJ media, Kevin Downey Junior, shocking, and I have the article here. Washington compost update about Mar-a-Lago ray doesn't fit the narrative. Okay, so now we have what's going on in New York City. This is why people are disgusted. They're disgusted with the Chris Christie's and the Larry hogans. They're discussing with the Republican media. This guy's under attack. He's always under investigation. And for what? It's all crap. And so people get defensive. There's nothing funnier than watching leftists, punching. Be clown themselves over the latest. We've got Trump now hijinks. Remember when the FBI raided Trump's home supposedly looking for a quote unquote nuclear secrets a few months back, remember they leaked it to the Washington compost. Let me Maggie haberman over there at the New York slimes. Remember how you all got excited about it over there too? Do you remember? And you were all over the constipated news network looking constituted at constipated all very, very excited. Remember that maggot? Guess how that turned out? I'll let the quislings at The Washington Post spell it out. Here's what they said today. Federal agents and prosecutors have come to believe former president Donald Trump's motive. For allegedly taking and keeping classified documents, was largely his ego in a desire to hold on to the materials as trophies or mementos, according to people familiar with the matter. In other words, Trump was keeping souvenirs. Does anyone else does? Finding how The Washington Post sat on that story until after the midterms, right? But wait, there's more. That review is not found any apparent business advantage to the types of classified information Trump's possession. These people said FBI interviews will witness us so far they said also do not point to any nefarious effort by Trump to leverage, sell or use the government secrets instead, the former president sim motivated by a more basic desire not to give up what he believed with his property these people said. Now what every single one of the people on TV saying otherwise be fired tonight. No. I think they'll be promoted. Washington Post also found no evidence Trump was looking to leverage Sarah used government secrets. They threw the idea in near the very end that they still might come up with something juicy. Hey look, we're never gonna give up. The people familiar with the matter cautioned that the investigation is only going the no final determinations have been made. It's possible additional information could emerge that change investigators understanding of Trump's motivations. But they said the evidence collected over a period of months indicates the primary explanation for potential criminal conduct was Trump's ego or transition. Wow. So Trump kept a few tchotchkes from his four years serving as the greatest president recent history writes. The nerve. They're nervous. Please forward this article to your liberal harpy and lolly writes and her blue haired trans pansexual gelding lady boyfriend who clung like sad, tragic barnacles to the embarrassing lie that Trump was trying to sell nuclear missiles to the Kaiser, or whatever as they needed to believe. Exactly right. Why isn't that a headline everywhere? So there we have the document scandal. And here we have the Trump tax standout. In which there's no scandal whatsoever. And they wonder why the guy's angry. I mean, how many of you could put up with this? Each distance. But don't stand Republicans. Now they're going to investigate the bidens. Oh my God. Didn't they get a lesson from the last election? They are supposed to freeze and place, and meet the Democrats at the 40 yard line. I tell you, that's right. Show progress, vote for more programs. Lift the debt ceiling, spend more money. Create more debt. That's right. Meet them at the 40 yard line. Meet the American marxists at the 40 yard line. And don't whatever you do.
What Will Republicans Focus on in Congress?
"We have one guy elected I think his name is stamos or something else out of New York He flipped a Democrat seat and he's all over TV And he said I don't want to spend time on investigations My dear friend newt I heard him sound TV today 90 ten 10% of the time on investigations So all of a sudden government corruption A rogue FBI A rogue Department of Justice chasing down parents using S.W.A.T. teams going after state legislatures Trying to impose abortion on demand on the state I can go on and on and on That's listen that's not our problem Inflation is And I'm sitting around okay what are you going to do about inflation We need to look forward ladies and gentlemen I'm looking What are you going to do You're going to cut spending how's Mitch McConnell going to cut spending When he participated in this massive debt increase and you'll see The Wall Street Journal and others are going to defend it When it comes time to reel and when the rubber really hits the road on increasing the dead cell you watch You watch
Fresh update on "wall street journal" discussed on The Dan Bongino Show
"Healthcare army again. Now I warned you about something about these programs about something built into the inflation reduction act. I'm going to play for you after the break. I don't like playing older clips, but this is important because seniors rely on this stuff. They've lived their entire lives, accounting on these promises. But as promises are about to be broken, as two prominent economists noted yesterday in The Wall Street Journal. I even said to you in the clip, don't say I didn't warn you. Stay tuned. Coming up next. We tried dynamite for gut health and immune support, and after a couple of weeks, our little gizmo was acting like a puppy again. His coat was shinier, he had a lot less scratching and shedding and he seemed like his happy old self. My dog smelled and scratched constantly. He bathed and sprayed her, took her to the vet, but no results. Now, a little dynamite in her food helps spell a keep her beautiful coat with no scratching, or smell. Get 10% off your next order of dynamite nutritional supplements for dogs and dynamite dot com. Healthier with every bite over a million pets helped with dyno bites. I will be iris
Thomas Baker on the Fall of the FBI
"How long were you with the FBI? I was in the FBI for 33 years and since my retirement from the FBI for quite a while, I continue to be in contact with them in my second career as a consultant to the FBI just division. What the vision is that? The criminal justice information services division headquartered in West Virginia a lot of services to local and state law enforcement mainly, most people take a fingerprint, but they also run the national crime reports and similar things. Are you still with them? No, the last year or two I've stopped pretty much stopped my consulting and focused on writing as I think, you know, I've written a dozen or more op eds for The Wall Street Journal and the others about the recent turn of events in the FBI recent over the last three or four years. And now I've just finally written this book, which you were holding in your hand a minute ago, which is going to come out on December 6th.
Daily Mail: Rupert Murdoch Will Not Be Supporting Donald Trump
"There is a report out of the daily mail. That the owner of Fox News channel Rupert Murdoch is saying that they are not going to be supporting Donald Trump in this presidential cycle. And that's why we've seen Fox News take a turn. We've already seen the New York Post and The Wall Street Journal take a turn against Trump as well. So I'm curious to know if that's going to have any impact on your viewing habits, if Fox News is ordered to stand down. And not get behind Donald Trump. And again, this goes back to a much broader question. What happens when the establishment Republicans decide they're going to take their ball and go home? Now, some of you out there are going to say, well, we're just going to keep fighting. Okay, yes, but that is a losing proposition. And this is the challenge. For the Republican Party, we're divided party right now. No doubt about it. A divided party. And we got to figure out how does everybody get along for the greater good. And what is that greater good?
Republicans Had Mixed Success Electing People to Local School Boards
"School board candidates who pushed parental rights he mixed results. That's the reason for concern. You read that article, right? It's from a Wall Street Journal, and it's very important to remember The Wall Street Journal news department is not the same as the opinion and editorial department. It is quite to the left. I wouldn't say it's left, I would say it's liberal. There is very little in common between The Wall Street Journal editorial page and opinion page and their news pages. On the other hand, The New York Times, the opinion pages and the news pages are identical. Conservative candidates who ran for school board saying they would change what students learn about race sex and gender or who opposed COVID protocols saw mixed results in Tuesday's election, according to supporters and a sampling of nationwide results, ballot PB, a nonpartisan election site, analyzed 361 races and found that about 36% of candidates who opposed school COVID protocols diversity initiatives or the use of gender neutral learning materials won their elections. Only one out of three. This is about a serious a reason for concern about the American people as I have come across recently.
The Media, RINOs Are Attacking Trump on Purpose
"So when the media including conservatives keep lighting a fire lighting a fire Trump Trump he's the bad guy He's the bad guy He swings back He attacks That's what he does And to blame this last election however you feel about the outcome On Trump is wrong but the rhinos know what they're doing too Many of them want to run for president They know exactly what they're doing And they're all over the media But that does not sanction in my view Or justify any of this I'll read you a part of this Now that the midterms are over and a success news corps which is Fox The Wall Street Journal and the no longer great New York Post I told you that the going down And it's not just them It's all in for governor Ron de sanctimonious An average Republican governor with great public relations who didn't have to close up his state but did unlike other Republican governors whose overall numbers for Republican were just average middle of the pack including COVID and who has the advantage of sunshine where people from badly run states up north would go no matter who the governor was just like I did
Rep. David Kustoff: Predictions for Tomorrow's Election Results
"This could end up shaping to be another 1928 election cycle for the Republicans where back in 1928, Republicans had a 32 point or 32 seat lead in the House of Representatives. I mean, this could be huge for the Republican Party. You know, we're on the cusp of cusp of it. And like I said, it feels good. The enthusiasm is certainly there. I think that if we could get to around 35 seats, 36 seats, something like that to your point would be the largest majority that we've had in 90 years on the Republican side. Conservatively, I feel good about 15 to 20 seats, but the potential is there. And you know, I look at things right before we right before we came on, I was looking at a story that had posted on The Wall Street Journal website, headline is GOP gaining support among black and Latino voters. And that's true. And especially, I look at some of our candidates nationwide. Who are Latino, we elected a fair number in 2000 and 20 and in special elections with my Flores. We've got a number of minority candidates and Latino candidates who are running on the Republican side who are espousing the same conservative values that we talk about every day. So it's not, it's not one, it's not one sided, it's not monolithic. We are all talking about the issues that people are concerned about. The inflation, the economy, crime and the border. I mean, those are those are the top issues. That's what people, that's what people want to see solutions about and they certainly haven't seen it over these past two years under the realm of Pelosi and Schumer and Biden.
How Jennifer Horn Is Feeling 6 Days Out From the Midterms
"We're 6 days out. How are you feeling? I feel good. I actually feel really good. Maybe and you know, but here's the thing, I'm an optimist. We know this. I always feel good, but I feel good for good reason, I think. What I'm watching is not necessarily the polling about Doctor Oz and John fetterman or Herschel Walker and Raphael Warnock. What I'm looking at is the polling about voting groups, likely voting groups, and I don't know if you saw the poll that came out from The Wall Street Journal today. Maybe you've talked about it already. No. But white suburban women have grown in support of Republicans by 16%. And they even ask the question if the 2024 presidential election were held today, 55% would vote for president Trump. I hang on hang on, hang on. We've been told for 6 years that they hate him. The white suburban women hate president Trump. They're back. What happened? They're back because I think personal freedoms were taken away from their families from their kids. The crime is a huge problem. You have to figure out if you want gas or groceries. There are all sorts of issues those kitchen table issues that Glenn youngkin in your state of Virginia talked about that brought white suburban voters to the table with him. They're now back on board if you believe the polling numbers on The Wall Street Journal. This is a huge piece of the winning strategy for the Republican Party. And even more than that, a survey that came out last week talking about Latino voters and about black voters. Latino voters support Republicans now, and this is just in a generic matchup. Who's better at serving the country, Republicans are Democrats. 40% of Hispanics say it is Republicans. Now, that's not the majority. But we don't need the majority of black and Hispanic voters. Black voters up to 20% both of these groups have gone up 8% since 2020 alone. View figure we picked up 8% of black support, 8% of Latino support, we are on the precipice of something really big. And I think now it is up to Republicans. Once we get past election day, they better deliver.
Jeff Stein: Kitchen Table Issues Matter Most to Voters
"When you look at some of these numbers coming out, Wall Street Journal, a new survey suburban white suburban women just bolting the Democrat party and embracing the Republicans. I'd like to get your take on that from the heartland and then Mary jump in. Sure. It's kitchen table issues Todd. That's what's important, the Democrats thought that group of people that you mentioned would be in the bank because of the Dobbs decision. And while that may be a factor, they're much more concerned about jobs and crime and can we put food on the table that isn't simply meatless hamburger helper every night because they can't afford everything else. So again, Democrats have their own beltway idea of what's important, there's absolutely no way it works in the heartland. And I think that's what you're going to see in these closing days.
David Bossie: Democrats Take Everyone for Granted
"I am stunned at this Wall Street Journal poll that came out. I knew that white suburban women were leaning to the Republicans, but now, according to The Wall Street Journal numbers, by 15 points, they favor Republicans that is a 27 point shift away from the Democrats. What do you make of that? Well, it's the Democrats believe just like they, in my opinion, because of the way they do their divisive identity politics, whether it's talking to the African American community or Hispanics, they take everyone for granted at an include the women vote, the female vote. And so they package them up into this group of people who are all about abortion and they believe that abortion was the key to that vote block and it clearly is not because guess what? Women are incredibly smart and they believe the science. So they're not as pro abortion as the Democrats want you to believe and it's not all women that are pro abortion. So they make these massive assumptions and the women in America on Tuesday are going to tell the Democrats it's about the economy. It's about the price of my groceries. It's about spending money for my children and sports and field trips. Things that I can't even afford anymore and I have to make tough decisions on because I got to decide whether to heat my home or put gas in the car. It is very difficult.
As Climate Change Worsens, US Weighs Which Communities to Save
"Human beings, the wretches continue to disappoint the savants at the United Nations. And never more than on climate change writes The Wall Street Journal. The global body announced last week that despite all of the world's climate sacrifices and trillions of dollars in renewable spending, we're all still doomed unless mankind makes radical changes in lifestyles and standards of living. The 2015 Paris climate agreement required countries to commit to reducing their emissions to keep the world from warming more than one and a half degrees Celsius above pre industrial levels. It's already warmed about 1.1°. Not even the alms offered up by President Biden and European leaders will do much good.
Why Are You Still Wearing a Mask?
"Now, did you ever stop and wonder why did the editors of The Wall Street Journal mock? These scenarios and the editors of The New York Times find them compelling serious and frightening. For the same reason that I assume when I see somebody walking in the street as I did today, my dear producer driving into the studio today. In Glendale, California, a suburb, if you will, of Los Angeles. Big city. Anyway, I saw a man crossing the street, middle aged man. Wearing a mask, and it's the clone type, is that the K 95? So he really can't breathe. N95. N95, yeah. Yeah, K 95. This just shows how much I take this stuff seriously. Anyway, N95. The man was walking alone, there was no one not only no one near him, there was no one else. He was the only person I could see in the street. And he was wearing a mask. Early in the morning. So my question is, by the way, I want you to know, if I could do it, I would have said to him, sir, can I interview you for a $100? Here's a $100 bill for your time. That is how much I would have loved to have had him on the show. Or even interview him privately. So why would I ask him? Interesting question, right? What would I ask? I would ask him the obvious why are you wearing a mask? Outdoors and a load.
January 6 Committee Doubles as November 8 Committee
"There's a piece in The Wall Street Journal You got to read James Freeman The January 6th committee calls it doubles as the November 8th committee What's November 8th Election day Sounds like something I told you on the phone Sounds like something I said 'cause I says my grandmother used to say oh my grandmother I mean she used to say so I says and he says so I says she was a gray woman The best of the best right But I says to you a long time ago on this show I know you P one listeners remember that That's industry lingo Tom let me learn about the industry Tom I know you just you know let me just tell you how the P ones those are people Tom's like how do I get stuck with this idiot Tom's filling in for Mike again he's like my gosh how did I get stuck on this show today How did this guy drag me in The P ones you know what I'm talking about here right I have said this over and over The purpose of the January 6th committee was threefold It only had three purposes Now one of those purposes let me be clear from the start It's not January 6th There is nothing new to add on January 6th What happened happened was it wouldn't have happened the way it did There is no new information There is zero new information Nothing Yeah the pipeline Nobody was talking about the pipe bomber We have to get Julie Kelly on about that Nobody was talking about that There is no new information about January 6th whatsoever The purpose of the January 6th committee is threefold Keep Trump off the ballot That's number one right The second is to scare Republican donors and activists Understand if you even knew someone who knew someone who was on the mall on January 6th it won't be it won't be long before the FBI is not going to do a door asking questions okay So that's point number two To scare you Point number three was to interfere in the coming elections by using the subpoena power of the committee to interfere in the midterm elections Now when I said that I got a couple of emails from listeners saying well Dan how are they going to do that How are the mechanics of that going to work And I said okay just watch Watch who gets a subpoena and watch whose information leaks
Hispanic and Latino Voters Are Going in the RIGHT Direction
"Wall Street Journal is finally following our lead here where we've been saying for quite some time that Hispanic and Latino voters are going in the right direction. Very, very quickly. Democrats are in trouble with Hispanics. Wall Street Journal William galston writes, Republican gains among Hispanic voters have generated a wave of concern among Democrat strategists. In 2020, Trump received 38% of the Hispanic vote compared to 28% in 2016, much better than Willard Mitt Romney. It's funny how the guy who talks about immigration and culture and language actually does better. It's interesting how that works. Maybe all of those Republican consultants that talk endlessly on television have no idea what they're talking about. Mister Trump's share rose to 46% from 35% and in Texas to 41% from 31%. He made very large gains in other states as well. Now, at turning point action and turning point pack, we are leaning into this. We are doing Hispanic outreach. And in fact, we have an advertising campaign that we have just launched. Can we put up the images where this is all across the country? Actually focused in Arizona, where we're putting up billboards specifically targeted towards the Hispanic community. I think we're the only group that is doing this.
Rep. Mary Miller: Dems Want to Destroy Our Country With Woke Policies
"The heritage foundation of this is from The Wall Street Journal today. They have an opinion piece up. The heritage foundation actually rated the U.S. Military as weak and at growing risk of not being able to meet the demands of defending America's vital national interest and this is it's down from marginal a year earlier is the first and the index is 9 year history. It looks as though there has been an effort congresswoman by the Biden administration to somehow weaken the United States military. And I think that's a very alarming thing. It is, but I think this is consistent with what we're seeing out of the Biden administration and the Democrats, all that has made America good. They are attacking and tearing apart. You know, they have some of them have come out and said they want to fundamentally transform our country, but in order to do that after tear us down first. And I believe it's an intentional destruction of all that made our country good and including our military that I know we have had a son and grandson that we've discouraged from joining the military because of the woke policies in particular and I believe it is really hurting recruitment they're pushing all this transgender things the green bad deal climate project and then now this vaccine mandate. And they are there's almost a wholesale denial of exemption requests. And number one, the pandemic is over. And number two, this vaccine doesn't prevent transmission. We know that. And some people have religious reasons not to want to take the vaccine.
WSJ: Prop. 29 Puts Union Coercion on the California Ballot
"Says prop 29 puts union coercion on the California ballot It's about the SEI you HW a really big union influential unit in California And the story is so in your face about how ruthless and vicious the left can be And let me just preface this whole thing by saying I am not an anti union guy If you're going to go down that road turn the show off you wasting your time My father was in a union my brothers in the union right now I have zero problem with unions organizing for a better workplace Zero I think it's actually a great idea I have a problem with being forced to join a union or any other entity for that matter Period You can tell yourself whatever you want to make a political argument You're just lying I am not anti union I think it is a great idea for people to voluntarily join organizations that make their lives better And unions have done a lot of good things I just don't think people should be forced So stop right there If you're going to go this is an anti union guy But what this union cornice Wall Street Journal stories doing in California is so vicious and ruthless I said I'm going to talk about this on the show tomorrow Advanced dialysis clinics And the bottom line up front is they want a unionized dialysis clinics This SEIU HW Well why Well simple because there's more union there is there for them Now will it benefit the dialysis clinics Maybe maybe not but there's definitely more money in it so there was a financial incentive the unionized dialysis clinics Well a lot of these dialysis clinics were kidney patients go to clean their blood out because their kidneys don't work well They don't want a unionized either the workers aren't interested or they're just not interested Okay fine Do a better job of selling your product to them Nope can't have that So this SEIU UH W apparently is like hey I've got an idea Since we're in the state of California we got this ballot initiative thing What we can do is we can put a disingenuous prop 29 measure on the ballot That would essentially force unionization upon these dialysis clinics That's a great idea
"wall street journal" Discussed on Digiday Podcast
"Is a certified financial planner and brings that expertise and that ability to give advice our consumer goods lead spent years at real simple at Airbnb magazine has worked a little bit also on the retail side. At major retailers doing content and has that viewpoint. And then our senior staff writer spent years at wirecutter writing about electronics and brings a lot of expertise there. And then we are fueled by a lot of amazing contributing editors contributing writers who freelance for us. And we look for expertise in those areas as well. And so that's just, you know, helping the reader know, oh, this is trusted. I know who these people are. I can read about their background. I can see that they've been doing this for years. This isn't just someone who's made a specialty and I know how to do a product roundup. That's not what we're about here. It's a journalistic enterprise. And our editors don't see some of the numbers that you and Josh have been talking about. They don't know which credit cards are monetizing at a higher rate. They don't know what a per page avenue average revenue is for something they've written. That's all separate because we just want to make good editorial decisions with no influence from other factors. I wanted to ask too, you had mentioned that a lot of your editorial kind of strategy and looking at which things are trending comes from analyzing SEO, but I'm also curious if you're working at all with The Wall Street Journal and looking at what's trending over there or what stories have been getting a lot of clicks. Is there any kind of crossover when you're looking for topics of coverage or questions about how to manage personal finance? How much do you work with The Wall Street Journal side or the other brands under Dow Jones to inform the content that you're putting out on buy side? I wear a separate team, so we do feel pretty separate from the newsroom, but we're all looking at the same sort of headlines and what's coming down the pike and responding in our own ways the journal is responding in a news driven way of giving people information, we're responding in a way of helping people make a decision that's going to lead to an action and a purchase or another sort of decision there. And so I think it's like the way that we react to higher interest rates to higher gas prices is different, but we're all kind of looking at the same consumer pressures in order in order to do that. So, I mean, the SEO piece is really interesting. We have a great SEO manager. And we're lucky that she has both content and product experience, which when you're building, you know, when you're building a site, that's really useful for us. So we've been able to really maximize that and feel like we can be extremely responsive to what people are actually searching for a day to today. I think you had mentioned this as an example earlier, but the story I saw on the homepage of buy side right now is a gas prices are up. Here are 5 ways to cut your car costs, which to me is a really interesting approach to a story that would be on a commerce site because it seems like it would be such a broad kind of story in terms of like, it's not a traditional roundup, right?
"wall street journal" Discussed on Digiday Podcast
"Thus far. Interesting. I'm curious to hear more about that in the conversation. So you take it away. Thanks, Kayla. Thanks, Tim. Leslie and Josh, thank you so much for joining us on the podcast. How are you? Great. Thanks for having us. Thanks for having us. Yeah, I'm very excited to have you guys on. I have recently been covering a lot in the way of commerce and how that part of media businesses have been changing lately. I feel like there's been a lot of kind of movement. But Dow Jones, Wall Street Journal, just got into commerce with the launch of buy side. So that's perfect timing. But I'm curious, I guess, to ask you guys why now, why now get into commerce why now launch a new site dedicated to it? And what the kind of vision is for by side in terms of having a commerce business as part of the media. I guess package that you have. Sure. Well, I can jump in there. You know, we're new to this particular commerce initiative, but we're not new to helping people make decisions. In fact, that's been the mission of The Wall Street Journal and even the other brands in the portfolio, market watch and barons, really since their inception, to help people make informed decisions about how they spend their time and money. So for us, it's a very natural extension of the brand. And I think we saw an opportunity to expand the application of that mission and in the process expands. Our business opportunity and have the benefit of looking out at the landscape and what a lot of other publishers are doing in the space learning from it and hopefully improving on it. And so I'm also curious, commerce, online shopping, had a big kind of growth period, a couple of years ago at the onset of the pandemic. In terms of launching this product, was there a reason that it was something that came up this year 2022 or had you been thinking about having this in the works for a couple of years? I'm curious about the timing of the launch if it's been a project that's been kind of circulating in the background for a little bit. Yeah, it's something that's been discussed for a number of years. And certainly since our relatively new CEO, I think he's about two years in, took over. It became a priority for him. And so we've been working on it in various ways for over a year now. The first 6 months was very much about researching the space, understanding the mechanics of the business, like I said, looking at what else is out there, good, bad, and otherwise. And then the last 6 months have been about building the site and building up the content for launch, building the team. So it's been a goal for a while and now a reality. And to your point, there was a big surge in sort of affiliate ecommerce during COVID for obvious reasons. I know there's been a slowing of the growth of some publishers in this space, but there's going to be ebbs and flows. I look at it on a longer time horizon. You know, we're in this for the long haul. I think the overall trend towards more shopping online is
"wall street journal" Discussed on Digiday Podcast
"Kaylee, you have the interview this week, and you spoke with Josh stinchcomb, who is the chief revenue officer of Dow Jones, as well as Leslie asle, who is the head of content for The Wall Street Journal's new commerce brand by side. So why is The Wall Street Journal and Dow Jones getting into the commerce game now? Right. So that was the first question I asked, I believe. But yeah, it's an interesting time to come into the commerce space. I mean, as I've been covering the past couple of weeks, there's been some, I guess, new approaches to commerce that publishers have been taking given changes to consumer behavior, a looming recession, things that are kind of impacting the success of commerce businesses to a degree. So it's interesting time to kind of come into this space now after two years of commerce really being strong performers at the start of the pandemic. And I asked, you know, kind of why this is something that they're doing now versus earlier, quite frankly. And I think what's interesting about starting now is the approach that The Wall Street Journal is taking with their commerce brand by side is it's less about just recommending products and more so recommending products through a financial and personal finance lens, which is, I think, kind of an interesting approach that they're doing and a point where people might be looking at how to best invest their money or which products get the most bang for their buck. It seems kind of like a good time for them to be coming into this space. Josh did say that this has been something that they've been thinking about for a number of months, if not years. So it's an area that they've been interested in, but I think they wanted to take a very specific approach. And right now, it just kind of worked out that their approach kind of fits the times a little bit. With just people being very conscious about their money. Right. And it also makes sense since a lot of the publications we've seen jump into commerce have been more consumer oriented publications whereas a place like The Wall Street Journal.
"wall street journal" Discussed on Bloomberg Radio New York
"Is Bloomberg All right Denise thank you so much Denise Pellegrini with world and national news Just a reminder we are expecting some comments from President Biden on his new fiscal budget but also expected to talk about Ukraine as soon as he begins speaking we'll take you to The White House And along those measures a couple of stories that popped up in Tim and I wanted to bring you this This was reported in The Wall Street Journal Dow Jones and this is about Russian oligarch Roman Abramovich and Ukrainian peace negotiators suffering symptoms of suspected poisoning after meeting in Kyiv earlier this month This is according to people familiar with the matter I think Demi's talked about this a little bit She did talk about a little earlier I want to bring you some additional details from this Wall Street Journal report So it came following the meeting in the Ukrainian capital Mister Bromwich who has shuttled among Moscow lviv and under negotiating venues as well as at least two senior members of the Ukrainian team according to The Wall Street Journal and I'm reading right from the piece here Carol developed symptoms that included red eyes constant and painful tearing and peeling skin on their faces and hands This according to the people They blamed the suspected attack on hardliners in Moscow who they said wanted to sabotage talks to end the war Again this is coming from the Dow Jones Wall Street Journal reporting a person close to mister Abramovich said it wasn't clear who had targeted the group We'll bring you updates on that as we continue to get them Another story that we wanted to touch on Carol has to do with more superyachts and billionaires who are worried about their own assets being confiscated I've been thinking about this like as we know oligarchs and Russian billionaires their assets have been seized A lot of it we've been talking about these big super yachts that are out there floating in the world JPMorgan Chase the biggest U.S. bank behind court moves to seize a superyacht owned by a sanctioned Russian billionaire in Gibraltar And one of the first public court actions by a bank to enforce on a debt against a sanctioned individual JPMorgan won a court order authorizing Gibraltar's port authority detained the 73 meter that's 240 feet You knew that Carol because you're a ship's person It's the axioma it's owned by Dmitri Pompeo It's 5 decks it boasts an infinity swimming pool 3D cinema and it was impounded last week I have to say that every once in a while we're out in the water and something massive passes and it's got like a helicopter on it and you're like okay that's massive That's huge So in terms of JPMorgan JPMorgan is acting pursuant to its mortgage rights a spokesman for the Gibraltar government said in a statement Monday as for JPMorgan they have declined to comment on this Was sanctioned by the European Union That was back on March 10th and also by the UK some 5 days later and like other tycoons targeted has sought to restructure his key assets He's offloaded his stake in TMK It's the biggest steel pipe maker in the country and left its board of directors We should note his representatives did decline to comment Now JPMorgan which says its direct exposure to Russia is small has been quote actively unwinding its Russian business and pushed out Herman gref the boss of spur bank as I believe it's am I saying it rights for a bank and a former Russian minister from its star studded international council Again I'm reporting from what the Dow Jones story is saying the nation wasn't included among the bank's top 20 country exposures outside the U.S. according to a regulatory filing last month What we you know this we've been doing it all the news organizations First of all globalization means we are all interconnected even emerging areas maybe some problem areas but you do realize that a lot of the global financial institutions obviously have had exposure to Russia you know pick your part of the world but when sanctions get put out there global sanctions that's when everybody's got to start pull back or kind of expose what their relationships are Well let's also take a step back and think about what the United States the European Union and the United Kingdom are trying to do as a result of these sanctions or with these sanctions Carol The idea is that you know if you hit the billionaires the oligarchs where it hurts when it comes to their assets perhaps they will actually have some influence over Vladimir Putin many of whom have been connected to him in the past are currently connected to him As a result of sometimes decades long relationships You know it's interesting We've been having a lot of conversations and I bet you all have two with folks that you know Certainly in the newsroom but what is the ability of these Russian oligarchs to put pressure on Vladimir Putin There have some who have come out and said we're not part of that inner circle that there's another inner circle that the Russian president really listens to this is definitely been an economic war that has been levied by the world in terms of putting pressure on Russia and there certainly is an impact but there is that question about what do these oligarchs pick up the phone and say cut it out I don't think people truly know Especially at a time when it's been widely reported that Vladimir Putin's inner circle is just smaller and smaller as a result of his own paranoia and not just about COVID but about people close to him being close to him being dangerous to him Yeah exactly exactly We're going to continue monitoring this We are of course waiting for President Biden also to lay out a domestic policy in terms of the fiscal budget but also address Ukraine In the meantime let's get back to Charlie pellett and check on your top business stories Indeed I thank you very much Carol master Right now we have got the S&P pushing higher up by 6 points very close to session highs up by about one tenth of 1% S&P 500 has been trading though little changed in a narrow range We've got the Dow down one O one now down three tenths of 1% NASDAQ composite index up 88 gain there of 6 tenths of 1% Ten year yield 2.46% spot gold right now down.
"wall street journal" Discussed on WTOP
"Expensive in the new year The Wall Street Journal's reporting that food manufacturers plan to raise prices roughly 5% in the first half of 2022 some starting at the beginning of January just a few days from now But some of those price hikes could be as high as 20% These price hikes are on top of the price increases already seen in recent months the Labor Department said consumer prices rose 6.8% in November and that was the fastest pace since 1982 Joan Jones W TOP news CBS News business analyst Jill schlesinger takes a look back at business and economic news in 2021 after the worst recession since The Great Depression the economic recovery came to fruition in 2021 The American rescue plan delivered $1400 stimulus checks and child tax credits to millions of families This bill represents a historic historic victory for the American people With extra savings consumers were ready to spend as lockdowns were lifted The rapid growth caught producers by surprise and prices spiked Hotels up 24% airfare up 19% and gas prices up almost 42% Still many Americans weren't in a rush to get back to work The so called great resignation led to labor shortages and higher wages We have very generous unemployment insurance right now People have the ability to wait for the right job to come along The hot housing market remains strong and the year introduced the phrase meme stock to the investing lexicon As small investors apparently join forces to beat the big traders at their own game For most there is no need to make a bet on any one company or even cryptocurrency The plain old stock market was up more than 20% on the year Jill schlesinger CBS News You're not doing it but quite a few people are watching TV shows that they didn't pay to get access to And this year many of them were marvel.
"wall street journal" Discussed on WLS-AM 890
"So folks I was not aware of this that the scientific consensus pre coronavirus was that lockdowns were basically ineffective and there was no science to back them up And there wasn't just a couple of studies and natural studies out there in nature things we had done I was a lot of studies It was a large volume of material and a widely held scientific consensus that lockdowns were generally ineffective That there was no way to make the work matter of fact one of the stories I had read this week and as Wall Street Journal piece It's called the fickle science of lockdowns Experts foresaw before COVID that the strategy would fail But the authorities embraced it anyway They talked about this story in the piece about how even on military facilities Where if there's ever a place you can institute a very effective quarantine lockdown that they point out that even on military bases has been studied in trying it still wasn't that effective So you have to ask yourself then as Jim shaken has had there then why the hell did we do this Well the journal speculates here They say so why do they abandon their opposition to lockdowns Public health authorities Why rush to embrace untested claims of flawed epidemiological modeling Well one answer appears in a Johns Hopkins study from 2019 Here's a quote some NPIs are talking about interventions here such as travel restrictions and quarantine Might be pursued for social or political purposes By political leaders rather than pursued because of public health evidence Think.
"wall street journal" Discussed on WABE 90.1 FM
"Doing investing in the research So we know how to approach these issues And really even sending interventions to people who may be impacted by such harms All right Neil Potts is vice president for trust and safety policy at Facebook Thank you for speaking with us Thank you NPR tech correspondent Shannon bond has been listening to that interview with us and Shannon what stood out to you from what we just heard Well you know ever since all of this broke with huggins acclaims and reporting in The Wall Street Journal you know we've been hearing Facebook pushed really hard against what she's saying and what these documents seem to reveal especially this core premise that the company is putting profit ahead of safety So we just heard pots say those are unfounded accusations But I think the real question here is maybe Facebook wasn't designed that way It wasn't designed for example for engaging content go go viral but if that is happening what is Facebook doing about it I think it gets at that last question You asked him right What is Facebook doing And that's why we're seeing so much more pressure right now on the company about transparency I also just need to ask you briefly about the worldwide outage that we've seen today across many of Facebook's platforms That's right The company says this is a network issue they're trying to fix but Facebook Instagram what's up They've all been down since before new eastern That's long a long time it's many hours It's not really clear what is going on here And certainly this sort of timing is leading a lot of people to make a lot of jokes about this but it just shows you how reliant we all are on these platforms NPR tech correspondent Shannon bond following the story of Facebook and you will be following tomorrow's testimony before the Senate panel as well Thanks for your coverage.
"wall street journal" Discussed on The Kicker
"Yeah i mean some of my favorite books. That i've read i. I read bad blood by john. Kerry who and i also Read you know the they did a great book called billion dollar whale. You know on the the scandal involving the malaysian sovereign wealth fund. I mean they've done great investigative stuff in they have great on investigative reporters But they're not unleashing that level of aggressiveness on in washington as much. I think in any time you get to a hot button. Issue like like religion or social media or anything that's been sort of put at the top of the national agenda by you know during the trump years Just a lot of a lot of eyes on it and a you know an army of editors Which no reporter really likes Yeah i don't know. I mean it's It was it was. It was really interesting to read. I mean i saw a lot of friends. There have a lot of fondness for the place But i do think that you know. The country became so focused that obsessed with politics and it was that just ended up being the thing that they couldn't quite they couldn't quite figure out And now maybe that were less focused on that del. It'll you know they're they're kinda sweet. Spot will swing back into something else. As as a former newspaper reporter myself. And i did cover congress in the nineties and And then worked at the boston globe. A bit In work on a big investigative project there you know reporters. They just love to do accountability journalism and break news. And it seems like there's the opportunity to do that at the journal Like you pointed out this facebook story. You know john kerry who and this no story but it's a lot harder to do in washington. I just heard that again and again in washington in nationally. it's The the accountability journalism which is so satisfying. And which people really want to do and which you know. The trump era the early trump area because he was pushing so many norms was crying out for people just fell continuously stymied in their ability to do that. By because of the paranoia of and the the editor heavy interventions On any story that sorta tied into the the the the seething controversies on on a national scale and people just found that really frustrating and demoralizing in they also founded kind of embarrassing particularly under jerry baker. But i think that's continued a little bit There there was just less freedom to maneuver and and do the kind of accountability journalism that That the trump administration was crying out for for a long time mean. Is that your husband's record..
"wall street journal" Discussed on The Kicker
"That wasn't the story that anybody was talking about. Everybody was talking about Sort of this outrage. At the way the protesters were cleared. And so i. I've sort of put what's going on at the journal in this. Bigger frame of like how political reporters are rethinking their their coverage How do you how do you place it. And what do you think about that. Bigger question of like the need to rethink how recover politics. I mean one of the things that was interesting about the journal. Particularly under jerry. Baker is that He didn't think that it was the role of the newspaper to call out trump for quote unquote lying. You know people are having that debate and he took the sort of controversial opinion which In a position which he articulated on television. I think in which pissed off some of his staff that you couldn't actually maybe label. What trump was saying ally because that would describe a motivation to statements so You know they seem to be doubling down on this quote unquote balance in applying their standards team And just a lot of scrutiny to anything that could be a you know questions As an questioned by it seems like trump supporters as As bias you know Which a lot of reporters felt made them overly cautious in watered down. You know sort of the their take on reality you know so in that sense You know it. It has led to some interesting discussions in the journal. I guess But there's so many there's there's so many editors in there so many people in standards there's so many people looking at potentially controversial copy that the edges gets sanded down and there's a lot less freedom i guess for potentially controversial stories for reporters to kind of express their own impression of things And and i heard a lot of complaints. You know people saying that mad murray was Personally line editing. Their copy particularly out of i guess Out of washington but also a lot of reporters complained that you know it was just hard to get potentially controversial stories into the paper. They eventually got them in but But sometimes they had to jump through a lot of hoops or sometimes those stories were watered down. Did you run or you a journal reader before you started doing this story. Yeah i was reading it. I i did subscribe Would it have you read these facebook stories. Yeah those are great. Yeah i mean. I've found that Actually i found that at first. You know when i was talking to people outside of washington in the national staff Any people who are covering business They love it there and it ended. You know there's great journalists there. There's great editing I think You know when i was younger it used to be a writer's paper right. You went there to learn. You could do these in-depth things and you can necessarily do that on a daily basis as much but these investigations are still You know pulitzer worthy done in the love working there. When they're not sucked into this controversial politicization that's going on in our society right now and they also did the thoroughness stories which are amazing..
"wall street journal" Discussed on The Kicker
"And they've gone back to sort of appealing to people's you know financial concerns although they still have a powerful and Large washington bureau But yeah i mean that was. It seems that was murdoch's business strategy at a certain point in it seems like it's still part of that but But it seems like they backed away from that to a certain extent but in terms of the you know. They seem to be very aware of what they consider. The new york times woke take on politics in and sort of balancing the record. A lot of reporters complained that you know they. They felt almost the need to respond to the way the new york times was covering the story. They weren't discovering it. They were looking at the way. The new york times is covering it and then trying to counterbalance that that's been a tendency to a certain extent this whole thing about not wanting to seem woke. Which is there with the way they think about it. Flies in the face of this other tension. They have which is That you know that they're not covering race at all And that in fact there is a lot of discontent that you report on from people on the staff who who do think this. There was enormous miss here in terms of covering race in the country. Right yeah i mean i just really. I really got the impression that there's a big you know the core of the wall street journal's readership. Is you know elderly white men and they just really don't want to. They don't really don't want to be labeled woke and they really don't want it anger that core readership so anything that might sort of upset them or feed into this culture war or allow people to you know You know they're just going out of their way to not upset them. So you know one of the reporters said we can write about hispanics buying homes but we can't write about you know. White people refusing to sell hispanic people homes in their neighborhoods. You know any anything that touches. Some of these cultural third rails. They're they're very careful about and standards gets involved and I don't know you know one of the examples That i didn't make it into the story But that i know that pissed off. A lot of people in the washington bureau was I mean this isn't necessarily race but In in june when You know when trump went over to saint. John's church and drew in posed for photos When when the police moved in sort of tear gas people The story that ran was it was very it was the entire media was was Talking about the backlash of trump walking across the saint. John's episcopal church With the bible and and protesters being teargassed but the wall street journal story it. Just the first paragraph said that drew broad criticism while garnering praise from conservative backers in the second graph is it was reassuring moment that law and order was restored for his backers right..
"wall street journal" Discussed on The Kicker
"Hand it can be kinda good right Because some of the silliness doesn't doesn't happen there but But there's also like your comment about the star system is definitely true. It's very much an editor driven place. i mean when i was there I mean you know it was it would have been. I just can't imagine You know reporters talking to an outside. Doing outside reported doing a piece on. It was a very controlling place so a lot of what you write is about. How the journal covered trump. And the kind of i think you the sanding of the edges i think is one term that you use like talk a little bit about that. Yeah well i just. I got the sense. I mean you can read jerry. Baker who jerry baker was You know the editor in chief. Before or the managing editor of the top editor prior to mount murray. And you can read his columns now. And i mean i read. He wrote a column saying that Comparing the the pulitzer prizes to soviet medal of freedom in saying that predicting that people would win it next year for writing White privilege on a cocktail napkin. You know he's he's he's a a witty guy right but he has this total discontent for the mainstream media is dominated by a against the new york times. And so i think also just gonna say one of the reasons. People were reluctant to be seen talking to me is because they don't want to be i guess labeled you know as an upstart left-winger But on that very much seem to seems to have pervaded The political coverage to a certain extent And you know and it just seemed like there's just a lot of concern Amongst some of the political and national reporters as or a lot of sort of conflict About whether they'll be labeled kind of woke and left wing and biased in the same way that a lot of people see the new york times Certainly the way. I guess jerry baker did and some of his deputies and buttery on that. Was it your impression that the standards in terms of Both sides and being seen as completely neutral completely balanced or those standards applied unusually to trump or was that the whole. That's the whole approach of the paper in general..
"wall street journal" Discussed on The Kicker
"To the kicker compile editor and publisher the columbia journalism review this week covering politics in a divided country so donald trump ended a lot of norms in america but one of the things that he changed dramatically was the way journalism writes about politics It got a lot of newsrooms rethinking how to approach politics. How to do it better how to do differently. What what to say what. They can't say And this fallout is still continuing the fact. The latest print issue of c. jr is called reset. And it's about rethinking how we cover politics in america Is a terrific piece in the magazine. About how all this played out the wall street journal which is a place that i work at for ten years and have a lot of thoughts about and.
"wall street journal" Discussed on Techmeme Ride Home
"Welcome to the right home for friday. September seventeenth twenty twenty one. I'm brian mccullough. Today a deep dive. Summary of the rolling facebook controversies this week from the ongoing wall street journal reporting apple and google removing app from russian opposition after their employees. Were threatened in that country and of course the weekend long read suggestions this time with extra. Nfc goodness here's what you missed today in the world of tech. I've mentioned already this week. That facebook has had a hell of a week with the wall street journal. Dropping a bombshell story about them. Seemingly every day often using internal facebook documents for example yesterday the headlines were about how internal docs allegedly revealed facebook's weak response after staff flagged human traffickers and drug cartels using its platforms for recruitment in developing countries quote employees flagged that human traffickers in the middle east had used the site to lure women into abusive employment situations in which they were treated like. Slaves are forced to perform sex work. They warned that armed groups in ethiopia. Use the site to incite violence against ethnic minorities. They sent alerts to their bosses on organ selling pornography and government action against political dissent. According to the documents. Facebook removes some pages though many more operate openly. According to the documents in some countries where facebook operates it has few or no people who speak the dialects needed to identify dangerous or criminal uses of the platform. The documents show when problems have surfaced publicly. facebook has said it addressed them by taking down offending post. But it hasn't fixed the systems that allowed defenders to repeat the bad behavior instead priority is given to retaining users helping business partners and at times placating authoritarian governments whose support facebook sometimes needs to operate within their borders. The documents show facebook treats hermit developing countries as simply the cost of doing business and quote in those places said. Brian bolland a former facebook. Vice president who oversaw partnerships with internet providers in africa and asia before resigning at the end of last year. Facebook has focused its safety efforts on wealthier markets with powerful governments and media institutions. He said even as it has turned to poor countries for user growth and quote and now this morning the headline is that internal documents show. How anti vacs activists flooded vaccine content on facebook with negative comments despite mark zuckerberg pushed to promote cove in nineteen vaccines. You might remember how zuckerberg and facebook at the beginning of the year. Made a big show of saying how they were going to promote vaccine outreach. But according to the journal quote in the weeks before mr zuckerberg made his announcement another memo said initial testing concluded that roughly forty one percent of comments on english. Language vaccine related posts wrist discouraging. Vaccinations users were seeing comments. On vaccine related post seven hundred seventy five million times a day the memo said and facebook researchers were the large proportion of negative comments could influence perceptions of the vaccine safety even authoritative sources of vaccine information. We're becoming quote cesspool of anti vaccine comments. The authors wrote. That's a huge problem and we need to fix it. They said facebook's goal of protecting the roll out of the cupboard vaccines described in one memo as a quote top company priority end quote was a demonstration of mr zuckerberg faith at his creation is a force for social good in the world but the effort ended up demonstrating the gulf between his aspirations and the practical reality of the world's largest social platform where the company's aims can bring it into conflict with its own users. Despite mr zuckerberg's effort a cadre of anti vaccine activists flooded the network with what facebook calls quote barrier vaccination and quote content. The memo show they use facebook's own tools to so doubt about the severity of the pandemic threat and the safety of authorities main weapon to combat it and quote if new scandalous headlines in the journal every day was not enough head of instagram adam. Massery went on our friend. Peter kafka's podcast yesterday to push back on those earlier wall street journal scoops. That suggested that instagram was bad for teenage girls. And well this happened quoting cnbc. Adam massery the head of facebook. Instagram service came under a flurry of criticism thursday. After comparing the value of social networks to society to that of cars quote we know that more people die than would otherwise because of car accidents but by and large cards create way more value in the world than they destroy. Massery said wednesday on the recode media. Podcast and i think social media is similar and quote. Missouri's comparison of instagram. Two cars came after podcast host. Peter kafka asked the executive if the service should be pulled a restricted. If there's a chance it could really harm people in the same way that say cigarettes can harm people quote absolutely not and i really don't agree with the comparison to drugs or cigarettes which have very limited if any upsides massery said anything that is going to be used at scale is going to have positive and negative outcomes. Cars have positive and negative outcomes and quote. Numerous twitter users criticized massery for the comparison and pointed out that unlike social media. The automobile industry is heavily. Regulated among those critics was former facebook executive. Brian bowen quote. We have regulations and the national highway traffic safety administration for cars. Maybe adam azeri should read unsafe at any speed. Bullen tweeted kafka asked about the regulation surrounding cars which massery responded he does believe that some social media regulation is needed quote. We think you have to be careful. Because regulation can cause more problems. Misteri set on the podcast. But i do think we are a big enough industry that it's important and we need to evolve it forward and quote massery went on the defensive on twitter after the wave of criticism calling the car analogy quote less than perfect but saying that facebook executive stand by the belief that social media connecting people does more harm than bad quote headline culture. Which yes i know. Social media has contributed to is exhausting. Massery said among his series of tweets thursday morning and quote Yes the endless series of facebook. Controversies can be exhausting. Take it from someone who has to cover. These controversies every day. And i've only been doing it for a little under four years. But at the same time i kind of think that that's the point and that's why i'm devoting half the show today to this because again there have been new stories and new allegations every single day this week. Stop for a second and ask yourself why. That is i mean. Facebook has had controversies from the day it was created. So why is this all coming out now. Well as everyone in tech has been whispering about this week it is clear that the calls are coming from inside the facebook house itself. Clearly someone either. Formerly or currently at facebook is leaking this stuff. So is there a larger rebellion going on inside facebook than we know about. Let me quote this tweet thread from former facebook executive alex thomas quote. The facebook files reporting is incredible necessary and damning and misleading. The public about. It is inexcusable. But this stuff must exist on other platforms to right. Why are they less leaky. Will this disincentivize this kind of research in the future. How do we stop that. I think the big picture is that several mid level vp's and directors invested and built big quantitative social science teams on the belief that knowing what was wrong with lead to positive change those teams have run into the power of the growth and unified policy. Teams turns out. The knowledge isn't helpful. When the top execs haven't changed the way products are measured and employees are compensated so the only recourse for those teams to affect. Change is leaking to the wall street journal. I'm sure other products have the same impact some problems but they are either too small twitter and snap to build these big expensive teams that don't drive revenue or have a strategy of not looking youtube and quote in other words if you're a talented smart perhaps idealistic person who has gone to work for facebook for the last five years. At least you knew that working at facebook would be. Shall we say controversial. Some folks would look at you sideways if you mentioned where you worked but maybe you could justify it all to yourself by saying it's okay 'cause we can change things i by being here. We'll change things. Social media is new. We just haven't perfected it yet..
"wall street journal" Discussed on Clark Howard Show
"When amazon customers leave a negative review for a product. I mean absolutely stunning. That amazon sellers member most merchandise being sold on amazon being sold by third party sellers. Most of whom are really hard. Working decent business people just trying to earn a living honestly selling goods to people but the seller rating has become so all important as people look at a product and see how many stars it has without digging deeper. That sellers are doing everything they can to manipulate the ratings to the point that they break amazon rules and start harassing you at your email address. I being really nice offering money. Maybe even when you turn them down raising the money they'll offer you to pull down a negative review or to write a positive review. Most often they start offering serious money. According to the wall street journal investigation. When you've written a negative review and then if you still won't pull down the negative review they may start being more and more aggressive in emails. They send to you. Amazon's rules supposedly prevent sellers from doing this and unfortunately in the wall street journal investigation over and over again amazon was found to ignore complaints by its customers when they would complain to amazon about being harassed by sellers. This is an area amazon. Definitely needs to work on what their relationship is. An responsibility is for hosting all these third party sellers. The other aspect involves the sale of unsafe goods on amazon. Where amazon has alleged in one court case after another. Not our problem. We're not responsible. Somebody dies make us hurt tough. They weren't buying from us. They were buying from. Who knows who. Which amazon does a very poor job showing on their website so amazon. Now under extreme pressure now says that they are going to pay damages through a process when somebody has been harmed by goods being sold. Dangerous goods being sold by one of these third party sellers. Which again is most of the goods being sold on amazon. So amazon stewing this under this extreme pressure but is captured. A thousand dollars if somebody's really hurt thousand dollars isn't going to get it done. The reality is amazon is different than.
"wall street journal" Discussed on AM 970 The Answer
"I'm a staunch supporter of Joe Biden and voted for him to save this country. Rights. Betsy LeRoi, She is the proprietor of Pizza by Elizabeth's just outside of Wilmington, Delaware. San supporter, Joe Biden voted for him to save this country. Problem is his policies won't allow her to save her business. This president is team may understand Delaware politics, but I'm not sure they understand the difficulties of Delaware restaurants. How else to explain his proposed his proposal to raise the minimum wage for our servers and bartenders from $2.23 an hour to $15 an hour, an increase of more than 400%, which would be a death knell for our industry. And she writing in The Wall Street Journal, is urging Joe Biden to be something he's not. Leader. Moderate. Maybe this is a cautionary tale, and I don't mean to pile on, but I mean to some extent. Better. LeRoi. Maybe she is a cautionary tale for people who Make political decisions based on Personality rather than on policy. Voted from to save this country, but, uh I guess my business gonna have to be sacrificed. I suppose she wasn't ready for that. I don't know how she could have missed it. Don't know how she could have missed that about administration would be Bolshevik. Bernie staffers implementing Obama policies as we're seeing play out in real time. I should say Obama staffers, I gotta reverse Obama staffers. Implementing Bolshevik Bernie policies as we're seeing play out real time. How was that unclear? You think they care that the CBO projects of $15 minimum wage mandate would cost 1.4 million jobs? You're gonna have to spill a little blood to create heaven on Earth. As all authoritarians say. Oh, and by the way, this sum Uh, Job loss that has occurred and continues to Remember how 2000 and 2000 and the great recession was a man session. This is the opposite. Carol Markowitz had a good piece in your post talking about this where the feminist The National Women's Center noted that the December jobs numbers 140,000 jobs lost. It was 156,000 jobs. That women lost while men actually gained 16,000 jobs in November. Even rights. Marco, it's even more female workers may have felt forced to voluntarily quote unquote give up their jobs to be home looking after kids exiled from their school buildings at the behest of the powerful teachers unions. Oh, and as CNN reports. The job losses hit black and Hispanic women disproportionately. Feminists are supposed to care about minorities along with women, aren't they? Mm confusing times on DA. Among those confused is Jen Psaki, the White House press secretary. She had this exchange with Fox News is Peter Doocy. Continued exchange over the cancelation, the keystone pipeline with other pipelines in the crosshairs and those 11,000 jobs that have reportedly been lost. Those green jobs that are coding jobs that those people are going to have access to one to those come online, by administration's gonna let the thousands of fossil fuel industry workers whether it's pipeline workers or construction workers. Who are either out of work or will soon be out of work, because well by E. O when it is and where it is that they can go for their green job, And that is something the administration has promised. There is now a gap. So I'm just curious when that happens when those people from the count on that well, it's certainly welcome, you tow present your data of all the thousands and thousands of people who won't be getting a green job. Maybe next time you're here you can present that would be getting green jobs, So I'm just asking When that happens, Richard trumped up who is a friend, Longtime friend of Joe Biden says. About that day one. He stone Theo, he says. I wish he president has cared that were carefully with the things that he did second by saying. Here's where we are creating the jobs. So there's a partial evidence from Richard Trunk to. Well, you didn't include all of his interview you would you like to include the rest? So how about this, But the Laborers International Union of North America, said the Keystone decision will cost 1000 existing union jobs and 10,000 projected construction jobs well what Mr Trump. Lucca, also indicated in the same interview was that President Biden has proposed a climate plan with transformative investments and infrastructure. And laid out a plan that will not only create millions of good union jobs but also help tackle the climate crisis. And, as the president has indicated, when he gave his prime time address to talk about the American rescue plan. He talked about his plans to also put forward a jobs plan in the weeks or months following and he has every plan to do exactly that. Yes. So what's the big deal? You lost your job yesterday? President Biden is going to get around to proposing a jobs plan in the weeks or months to come. You know, again, there's gonna be a little blood spilled when you're creating heaven on Earth, So just chill out, man. She's also an idiot. What does that mean present? My evidence about the jobs are not going to get. I'm asking you when they're going to get jobs. It's just idiotic. By the way it feels FL CEO President Richard Trump goes, sat down with some fungible reporter for Axios and was asked about this. Here's Trump con the Keystone Pipeline. Cancelation. Can you explain why The president was right. Well. I wish you hadn't done that on the first day because The laborers international was right. It did and will cost us jobs in the process. If I wish he had pared that more carefully with the thing that he did second by saying, Here's where we're creating jobs, we could do mine reclamation. We can fix leaks, and we can fix seeps and create hundreds of thousands of jobs and doing all of that stuff. You think bite and realizes that that was.
"wall street journal" Discussed on WLS-AM 890
"The Wall Street Journal editorial page. Most importantly, the right has the Supreme Court, which might prove to be the one reliable counterbalance and the majority of Howard the state level. But here's the key point. Conservatives long ago lost so many key institutions that defined national conversation including culture, media and higher education. Now President Trump has cost Republicans those tools of political power and policy making. The party will have to rebuild around new people and ideas. Well, that's a change from what access originally argued originally and said, We're now going to rethink things like free speech, freedom of association in this country. That's what the left really would like. Now that they have all of the tools at their disposal. They're going to rethink free speech. They're going to rethink free association and the way they're going to do that is by proclaiming loudly and clearly once and for all that if you are on the right, you are in league with the people who stormed the capital. If you were a supporter of Trump or you if you didn't support Trump, if you're just a religious conservative, if you're somebody who held your nose and voted for Trump, because you looked at the left and left was getting so insane that they were openly backing black lives, matters, rioting and back in critical race theory. Trying to ram down and it is extraordinary level of intolerance on right wingers across the country and people were middle of the road and moderate liberals across the country If you looked at that, and you said, You know what? I'm not into that Now the rule is that you were in favor of what happened to the capital last week. Which is crazy and gross and the people who are saying this sort of stuff are are doing something deeply politically malevolent. If you're lumping in with the hundreds of people who should go to jail for a very long time. We did what they did last week for lumping in with those people. The 75 million Americans voted for Trump and then Bubbly. Another 100 Million Americans who disagree with left on a wide variety of issues ranging from other Children should be allowed to change their sex toe. Whether Americans should be divided along the basis of race and then special government benefits given to them. If you're lumping all those people together, and you were those people. And you know that That's the problem. You are part of the problem. Not the only problem but definitely the biggest problem for the future of the country. Because let's be real about what happened last week. What happened last week was an act of evil and it was unsuccessful. Republican Senate came back into session and then voted for the certification of the election. Mitch McConnell lead the way. Vice president Pence. Trump's own vice president presided over that it was a failure. It was a failure from beginning to end doesn't mean it wasn't evil. It doesn't mean it wasn't terrible. It does mean that the system was resilient, resilient enough, and within a couple of hours everybody was re gathering. On the floor of the same building that had been invaded. And was voting in favor of the system. Danger to the system right now is not the exogenous danger of writers taking over the capital. The danger to the system right now is the complete lack of trust the breakdown in basic cultures of rights. Do we talk on the show a lot? How culture is upstream of politics? We talked on the show a lot about how a culture matters more than the politics that that your culture shapes you the waters in which you swim right this stuff. Do you watch the church? You go to your neighbor's that that really shaped who you are as a person, And then that is manifest in politics. Politics does not change culture nearly as much. Here's the thing when it comes to your rights When it comes to liberty, a culture of liberty, a culture of freedom is upstream. Of the politics of freedom. Okay, there a lot of people today who are saying Well, you know what? You're complaining a lot. But these are all private corporations doing what they do. We believe they're allowed to do what they did. That's true. Legally, Many of these companies are allowed to do what they can fire you for being a conservative. They can They're allowed to not Do not allow you to use your credit card to pay for a subscription over daily wire. They can But a culture of rights, which means a people who prize the ability of people to do things they don't agree with, because they believe in the underlying writes, that has to undergird Any legal system of rights because sooner or later and usually sooner Culture that opposes the rights of others turns into a legal structure that opposes the rights of others. It bleeds over incredibly quickly. If you think the First Amendment's gonna protect you if the entire culture has decided the first Amendment no longer matters wrong, you are. Can we get two more of this in a second? Why This has become such an issue First, if you thought the lead up to 2016 was nuts, you ain't seen nothing yet. The best.
"wall street journal" Discussed on NewsRadio KFBK
"And you need help and they'll get you the help you need. They're the best there is. There's nobody like him. Okay. I want to talk to you about an article that was in the Wall Street Journal this week, and I have been talking about this all summer and fall and now winter. As you all know, nursing homes and hospitals and assisted living are closed. You almost can't get anybody in. I had somebody call me yesterday that the person is in a hospital in there moving to a nursing home, but they don't even know where the nursing home's gonna be yet. It could be out of town. Had a client recently whose spouse wound up in a nursing home in Los Altos because that was the nearest nursing home bed. The hospital confined. As a result of all of this Maura and more families. Are looking at the option of staying home. More and more families are looking at the option of staying home. And and I want to. I want you to wriggle. Read this article. I actually may have put this up on my Facebook page. I can't remember. But go to the Wall Street Journal, and even if you have to pay the $2 to read the article, read the article It's a must read. 12 22 20 was only a few days ago. 12 22 20. Covert spurs families to shun nursing homes shift that appears long lasting. I'm reading this. An article by Anna Matthews and Tom McGinty from The Wall Street Journal. The Wall Street Journal is pretty much the only newspaper in my opinion that covers senior issues. Nobody else they'll cover Cove it, but they don't and they'll talk about how many dead seniors there are. But they don't talk about the impact of all of this on the 4.5 million people in California who are seniors. None of that gets addressed. It doesn't get addressed in the governor's weekly things. It doesn't get addressed anywhere. It just talks about the number of infections there are But covert is going to create a paradigm shift in the way we take care of seniors, and one of those is gonna be more and more home care. People are afraid of putting somebody in a institutional setting. We don't plan for that. We just assume we're going to be able to keep people at home and his people have found out. They can't do that. So let me let me read you from the first paragraph of this article. The pandemic is reshaping the way Americans care for their elderly, prompting family decisions to avoid nursing homes and keep loved ones in their own homes for rehabilitation and other care. Americans have long relied on institutions to care for the frailest seniors. The U. S. Has the largest number of nursing home residents in the world. We institutionalized like nobody else. But families and some doctors have been reluctant to send patients to such facilities, fearing infection and isolation and places ravaged by covert, which has caused more than 115,000 deaths linked to US long term that that's a I told you two weeks ago, I said They're 1,015,000 people dead in care homes. So where's everybody going? They all want to stay home. Everybody wants to stay at home. So how are you gonna do that? That's my question for you today, folks. How are you going to stay at home? How are you gonna do that? What's your plan? Well, I gotta will will's only go into effect when you're dead. I have a power of attorney. What does it say? I don't know. It says Mildred can have good Does it say does this say Mildred can hire caregiver Doesn't say your spouse. Your Children have access to your bank accounts to pay for a caregiver who gets to pick the caregiver. Have a trust. Okay? What does that have to do with anything? What is the trust say about frailty? How are you going to stay at home unless you have a specific plan to stay at home. Yeah, I have the answers and you're welcome to talk to me. But you better have a plan because this isn't gonna happen, You know, because somebody where a waves the long term care magic long term care ferry, and they Sprinkle some magic long term care fairy dust. And suddenly we're all in Neverland. It doesn't work that way. It's gonna be a paradigm shift in the way we want to be taken care of. In the way we take care of people because of covert and covert ain't going away tomorrow. I know there's a vaccination. It ain't going away tomorrow. It's going to be around in the spring. It's going to be around through the winter it maybe even around during the summer. We don't know. But during that period of time, we do know that more and more people are going to need some form of care. And the issue is where you're going to get it. How are you gonna pay for it and who's in charge? And if you haven't addressed those issues? You better address them now. Because it's going to smack you in the face. If you don't pay attention to this I'm reading from the article. Drop off his persistence and spring, including The Times when the virus is spread was subdued in the summer, when many hospitals were performing near normal levels of the kinds of procedures that author result in nursing home stays. Referrals to nursing homes remain down occupancy in US nursing homes down 15% or more than 195,000 residents. Since the end of 2019. Driven both by death and by the fall in admissions, Ah Wall Street Journal and analysis of federal data shows. It's going to continue. I got a phone call today from somebody. You know what? Why? What do we do with Mom? What do you mean? What do you do with Mom? Well, we mom can't get in any place. We need to have care for Mom. What do we do for Mom? I told him to call Alice care. But they're gonna you're gonna have to pay attention to this documents. I know you have a trust and you have a will and all that kind of stuff. But most of that stuff is done for a state planning. The people that are going to stay home aren't deceased. They're alive, but they need help. They need care. They need help with 80 yells. They needed help getting up being fed bathing toilet ng whatever it is a mad management. If somebody needs hospice in the middle of all this, where they're going to get hospice, they can't go toe hospital and get hospice. Probably They can't go to an assisted living. They can't go to a nursing home where they're going to get hospice who has the authority to hire a hospice company and direct what service they get? Who can fill out a D N R. A pulse form who's authorized to do that? Don't want to go on a building. Bob, I want to stay home. Okay, list the six things you've done specifically that are gonna help you do that..