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A highlight from A Dame Trade Deep Dive With Ben Thompson, Plus Seth Meyers and Million-Dollar Picks
"Coming up, Dame gets traded. Million dollar pick Seth Meyers, it's all next. It's the Bill Simmons Podcast presented by FanDuel. Get in on the football action right from the opening kickoff with America's number one sports book. The app is safe, secure, easy to use. FanDuel always has exclusive offers. When you win, you'll get paid instantly. FanDuel has lots of ways to play, like the spread, money line, over -unders, team totals, player props, so much more. Jump into the action at any time during the game with live betting. Combine multiple bets from the same game in a same game parlay. Download the FanDuel sports book app today. Make every moment more of this football season. The Ringer is committed to responsible gaming. Please visit TheRinger .com slash RG to learn more about the resources and help lines available and listen to the end of this episode for additional details. You must be 21 plus and present in select states. Gambling problem, call 1 -800 -GAMBLER or visit TheRinger .com slash RG. This episode is brought to you by Uber Eats. I just use this. Here's something every football fan should know. You can get everything you need for game day delivered with Uber Eats. Well, almost, almost anything because you can't get the dream flex for your fantasy team delivered with Uber Eats. But Tex -Mex, yeah, great pass protection, can't get it. Great pizza selection, oh yeah. While they can't help on the field, you can get pretty much everything else you need to watch the game delivered with Uber Eats. So this season, get anything, almost, almost anything for game day by ordering on the Uber Eats app. Uber Eats, official on -demand delivery partner of the NFL. Order now. I'll call in select markets and 21 plus to order. Product availability may vary by region. See app for details. We're also brought to you by The Ringer Podcast Network where I put up a new rewatchables on Monday night. We did the big chill. It was very, very exciting. I have Kyle Brandt coming on Monday's podcast. I'm just gonna tell you the movie now because it is gonna be the best moment of your weekend if you spent two hours watching this classic. We're doing Toy Soldiers. It really brings everything possible to the table. So if you wanna watch it ahead of time, there it is. That podcast is going up Monday night. If you wanna hear stuff about the debate, we have Tara Paul and Mary's podcast, Somebody's Gotta Win. That reacted to it as well as the press box with Brian Curtis and David Shoemaker. So there you go. Our debate coverage has been on point. Also, higher learning. Van and Rachel had Larry Elder on this weekend. It made a lot of noise, man. That podcast is great. I hope you check that out as well. Hope you're checking out theringer .com. And on this podcast, gonna talk about the dame trade at the top. We're gonna bring in Ben Thompson from the Techery newsletter, which he's been on this podcast I think four weeks ago. And he's a huge Bucks fan. He's gonna give the Bucks fan side of things. We're gonna do million dollar picks. And then old friend Seth Meyers talking about a whole bunch of stuff. So really good podcast. It's all next. First, our friends from Pro Jam. What's up? All right, I'm taping this on Thursday afternoon. Normally when there's a big MBA trade, I always do the emergency trade reaction right after the podcast. But we just put up a podcast on Tuesday. So I decided to play it a little differently this time. I wanted a little distance, I wanted to listen to stuff, read stuff, and try to form some big picture opinions coming out of this. So I have four smaller ones, then one big one. First one, I thought Portland did an incredible job with this trade. I really liked this trade, especially everyone was trying to bully them in June and July about, oh, you got to take Miami's offer. You just got to. It's where he wants to go. It's the only offer you're going to get. And guess what? They waited. They played it perfectly. They stared Miami down, and they got a much better deal. First of all, they get the Drew Holiday piece that they can flip into a bunch out of their stuff, which we'll talk about in one second. I love the DeAndre Ayton gamble. As you know, on this podcast, I am a big DeAndre Ayton guy. Not in the sense of I'm the biggest fan of his in the world, but I'm a fan of the asset. I just think I love the valued assets, no matter what it is. Whatever market we're talking about, DeAndre Ayton, 18 and 10 for his career, 60 % field goals percentage, 25 years old. He's played in 45 playoff games. He played four rounds in the 2021 finals. Last year, he got his ass kicked by Jokic. Oh, sorry. Like, that never happens. And Phoenix just sold on him, which I can't wait to talk about. But just from a Portland standpoint, they not only get Ayton in whatever they get for holiday, they get the 29 first, they get the two swaps, and they dump Nurkic. Nurkic hasn't had a healthy start to finish all the way through the playoffs here since 2018, which I'm positive was a long time ago. He's basically 12 and 8. He's, you know, a 50 % shooter. I made a list of the top 30 centers. I encourage you to do this at home, because what's more fun than making lists of NBA centers? I can't imagine anything. I made a list of who I thought were the best assets of the center position for talent, contract, everything. He was 29th on my list. The only person I had ahead of him who's technically a starter, unless you start talking about the Detroit or Charlotte guys, was Zubats on the Clippers. I thought he was the 29th best center asset in the league. And Phoenix, you know, just quickly to go to them, they're trying to win this year. They got worse. They turned Ayton's money into Nurkic and Grayson Allen and Nasir Little. Grayson Allen, we already know with him, he can't play in playoff series. We saw him 22. We saw it last year. I heard and read in some places like that, I got two rotation players. Did they? Is Nurkic a playoff rotation player? Is Grayson Allen a playoff rotation player? Because I'm positive he's not. So for the same money that they were spending on Ayton, they got three guys that I don't think are going to help them. In 25, the money comes down a little bit to 23 million just for Nurkic and Little, which is 7 million less than Ayton. And then in 26, that money goes up to 25 .5. But I don't understand what Phoenix was doing. Why not wait to see if Ayton clicks with Vogel? Vogel has such a good history with centers. He rejuvenated Dwight Howard on the 2020 Lakers. He basically created Roy Hibbert's career in 2013 with the defense verticality thing. I thought he was going to do a good job with Ayton. I'm stunned that they gave up on him. I'm almost waiting for one of those, now they tell us stories when, you know, that's where Brian Curtis calls them, where like a week after something happens, there's this kind of notebook dump where it's like, here's seven terrible DeAndre Ayton stories. So maybe that'll happen. But for Phoenix just to be like, cool, we locked this down, man. We got Nurkic. You're trying to win the title. You have KD and Booker and Beal. And like, what are you guys doing? Anyway, from Portland's standpoint, I love the Ayton thing. I love that they didn't get bullied. And I know they're going to turn Drew Holliday into something. So this to me was at least an A minus for them, for where they were two months ago, where Dave's like, I want to go to Miami. That's it. And if you don't trade me there, that's kind of fucked up. And they made this work as it got reported that, uh, I think in the athletic, that he expanded his list to Brooklyn and to Milwaukee in the last two weeks. And that's what Portland was waiting on. You know, they were banking on the fact that he's a competitive dude. He's one of the best 75 pairs ever. He wanted a situation settled. So, you know, you wait, you wait, you wait, they expand the list and then you go. Uh, there's a Drew Holliday piece to this. That's awesome. He becomes a contender prize. I wouldn't call this a Drew Holliday sweepstakes. I reserved sweepstakes for the superstars, but it's a mini sweepstakes. This is somebody that could have a huge impact on the playoff race. You know, not only the usual suspects, everybody's talking about Boston, ironically, Miami is a really good fit for him. And in some ways, um, I'm a little more scared of them with Miami than Dame in some ways, especially at a much cheaper contract with giving up less and keeping some of their assets. Philly, if they could pull it off, they have to be in there in Golden State, Minnesota. I think I have to mention Sacramento, I think is a team that if they could figure out how to get Drew without giving up their core, which is basically Keegan Murray and Sabonis and Fox, like that's, you know, could Davion Mitchell be in that trade with some, with a salary and some picks, who knows. The team that I love for Drew Holliday is OKC. I have OKC, you know, I started doing my MBA research for the over -under spot and I haven't landed on a number for them yet, but to me, they feel like a high forties team with Chet and with the growth of their young guys. And if you just like, let's say they traded Lou Dort and a bunch of their picks, maybe two firsts and two of their lesser picks or three firsts and a second, whatever it is. And they just say, fuck it. And they get Drew and you put him with Giddy and SGA and Jalen fucking awesome Williams and Chet Holmgren and all these other dudes they have, that might be a top three team in the West. I mean, that, that's starting to give me some early 2010s OKC vibes. So where he goes is going to be important. I just feel like there was so much Drew Holliday slander the last couple of days. You know, he's one of my favorite players. Even Haralabob, who was the chairman of the board of the Drew Holliday fan club for years and would have the benefit dinners there and, you know, just did a lot of yeoman's work on that front. And even he was like, yeah, yeah, Dame's better than Drew. That trade makes sense for Milwaukee. I was hurt, Haralabob. I was 100 % hurt by that. But you know, Drew got his ass kicked by Jimmy Butler in the playoffs last year. I get it. It happens. Jimmy was unbelievable. I feel like he would have kicked anybody's ass. By the way, why is Drew Holliday guarding Jimmy Butler? That speaks more to some of the issues with Milwaukee. He was never supposed to be a point guard and a creator. I think he was always better as an off -the -ball guy. We saw that with Rondo and New Orleans and just in general. I want to see him with a point guard. I want to see him just being unleashed, not having the ball a lot, just worrying about hitting threes, being an occasional, you know, make -shit -happen guy and being like the third or fourth best guy on a team without having the offensive responsibility to have. All their half court issues got blamed on him for the last couple of years. And I get it. They weren't like an awesome half -court team, even the other one in the finals, but I really value that dude. I had him, even I did the trade value list in August and I had him 37th and I had Dame 23rd. I think he's one of the best 30 players in the league still. He's 33 years old, which, you know, I'm going to talk in a second about when guards hit their mid -30s, but just in general, I think he's a real asset. If he goes to a team like the Celtics and they can keep Derek White and Tatum and Brown in the center, it's like, look out, man. So little mini sweepstakes, rarely do we get the trade, but then we still get another asset to talk about. Thank you for everyone involved in the trade. And then the fourth small point is just that, you know, not rocket science, Milwaukee bought some Giannis time here. They have one of the best 20 players of all time. They were staring down the barrel of a situation that was not good. I was talking about it on this podcast in late June and early July. I thought he was going to put them on the clock. I thought Mark Lasry selling his stake was a really bad sign for all of this because that dude is smart. As I laid out in June, that guy is really smart. And if he's feeling like, you know what, it's time for me to sell my buck stock, that makes me nervous. And then all the stuff that Giannis said and did, which I thought he did really fairly and really smartly. And I think that dude's about titles and that's it. And I know we say that about players, but I think in his case, I don't think he cares about, you know, what's my legacy, how do I compare against Dirk DeWhisky, any of that stuff. I just think he wants more rings. I mean, think about the guys who have won two rings out of the best 35 guys on my list of my pyramid. Those are all guys in my top 35 that won multiple wings. You go to the one -ring side, Jerry West, Oscar, Moses, Dirk, Jokic, Giannis, Pettit, Garnett, Kawhi, Rick Barry. That's the list he's on now. I certainly don't think he's looking at that list going, I got to get away from these guys, but it's a slightly different list. I think when you win multiple rings in multiple situations, it elevates you in a certain way. I think he fundamentally understands that at least a little bit. I want to be the best player since LeBron James. I think that's a thing that he wants. How am I going to do that? I need more rings. I need more finals trips. He knew from last year and maybe even the Boston series that they just weren't good enough. Whether this trade is going to be the thing that propels them, we'll find out, but he's been in the league 10 years, two MVPs, five first teams, two second teams, and now we have this little two -year window. Kawhi and the Raptors was a one -year window. This is a two -year window, I feel like. With Giannis, he's got two years left in his deals. So does Lopez. Middleton has two in a player option. Dame's got two, and then this crazy $120 million player option extension thingy that he has that just keeps going and going. It's probably two years. There's a world where this could go terribly this season, at least for what the expectations are, and then maybe it becomes Kawhi, Raptors. Maybe Giannis is like, you know what? That didn't work. Trade me. And the Bucks, who have no picks left and no future, they look at it next summer, and they go, all right. We tried it. Giannis, what can we get for you? Dame, what can we get? And they just do a reboot, rehaul. Remember, they won in 2021, which just takes so much pressure out of this. It's so much different than the Clippers situation, where they went all in on Kawhi and Paul George. They give up all those picks and SGA, and they've gotten nothing out of it. They haven't even made the finals. So it's got to happen. I think they at least probably have to make the finals. If they get bounced in round two, do I think Giannis is going to stay because they made this Dame -Mower trade? Probably not. So that leads to the big question, is how good of a trade was this? So there's a big picture angle on Dame, and it's going to sound negative, but I really don't want it to sound negative because I think Dame, I voted for him for NBA Top 75. I think he's been one of the best guards in the last 15 years. I think there's a ton of great things you can say, and there's a chance that he goes to Milwaukee, and this thing is fucking awesome. I know any Celtic fan I've talked to, including Isaiah, who's helping produce this podcast today, the Giannis -Dame pick and roll is just terrifying. Other than Jokic and Murray, it's going to be the single most unstoppable offensive play in the league. It is. We are conceding that point. The spot Dame is in right now, big picture -wise, it's weird. He's a superstar, but he's not, and we've seen guys like this before. I judge superstars by, do you have the resume statistically, and is your team succeeding consistently at a certain level? You can't totally say that about Dame. He's never been on a 55 -win team. He's missed the playoffs completely four times in 11 years. He said three first -round exits. He made the Final Four once in 2019, which was really lucky because Golden State and Houston were the two best teams, and then they got smoked. He's never been on a true contender ever. Instinctively, you go, well, that's not his fault. Who's he played with? Well, he played with LaMarcus Aldridge and CJ McCollum and a couple other guys, but not really anybody. The reason I'm putting this up is there's a success element that he has not had yet that for somebody with his resume is actually kind of unusual. I went and I looked up how many guards in the history of the league averaged 22 points a game for their career and played at least 700 games. I thought the list would be like 20. I didn't know. I didn't know what I was walking into. Only I think 75 guys have averaged 22 a game. So I went and I looked up the list, and it was 10 guys, 700 games, 22 a game for their career. There were some guys who came close like David Thompson, who I think is one of the best guards I've seen in the last 45 years, but had a short career and had some drug issues. He didn't make it. He didn't play enough games. Pete Maravich, 24 .2 points a game, but he didn't play enough games. Kyrie hasn't played enough games yet. Bradley Beale is five games away. I'm actually kind of glad the cutoff's at 700 so we don't have to talk about him. And then Mitchell and Trey Young aren't there yet. There's only 10 guys that made it, and the 10 guys are all fucking awesome. And again, I mentioned this in the context of Dame, who we think he is versus the success he's had. So the 10 guys, Michael Jordan, 30 .1, Jerry West, 27 .1, Allen Averson, 26 .7, George Gervin, 26 .2, Oscar Robertson, 25 .7, Kobe, 25 .0, Harden, 24 .7, Curry, 24 .6, Wade, 22, barely made it, and Russ, 22 .4, and then Dame is at 25 again. All right, what does he not have that those other guys have? Well, MJ, don't need to talk about him. Don't need to talk about Jerry West, who's the freaking logo. Allen Averson, pretty good comparison, right? Big stats, really memorable player, but not a ton of success. Here's the difference. Averson made the finals once. He won an MVP. Dame has done neither of those things. George Gervin was the best scoring guard of the 70s. He made two final fours. He had some bad luck. He really, in 79, really should have came close. And some of it's on him, right? He could have come through. Bobby Dandridge is the one that ended up coming through for the Bullets. They lose. But two final fours, he had four top five MVP finishes, five first teams, four second teams. He was just unassailably the best guard in the league until MJ. Oscar Robertson, don't need to go through him, but he won a ring and an MVP. Kobe, five rings and an MVP. Eleven first teams for Kobe, by the way. James Harden, three final fours, an MVP, six top five MVP finishes, six first team MBAs. And even though Harden has never made the finals as the best guy, he made it with OKC as the sixth man, you could build a contender around Harden. We saw it. We haven't really seen it with Dame. I think that's a fair thing to bring up. Curry, four rings, two MVPs, you know, the Curry thing. Dwayne Wade, three rings, two top five MVPs, two first teams, three second teams. He's more in the Dame waters a little bit, but he had the 2006 finals and he was the second best guy with LeBron on those heat teams. And then Westbrook, who you would say, well, Dame had a better career than Westbrook. Did he? Westbrook made the finals in 2012. He was second best guy on that team. Almost made the finals in 2016. He won an MVP. He had two first teams and five second teams. It's at least like a real argument. And I think when you look at Dame, he only had that one 2019 round three, got bounced. He's only had one top five MVP finish. He's only had one first team MBA and four second team MBAs. Really, really good top 75 career. But the piece that's missing is, have you been on a really good team? Have you made a real run at it? Which is why, you know, I think this Milwaukee trade is so much fun. This is his real chance. I get nervous about a couple things with this trade. One is that, you know, if you look at the 33 and older guards who average 22 points a game in a season. Jordan did it twice. Curry did it twice. Still going. Kobe did it three times. Jerry West twice. Sam Jones once. Hal Greer once. That's the entire list. Now the NBA is different. We have more three -pointers now. It's easier to score. Scoring is the easiest it's ever been. Guys can play at a longer age. So I'm not ruling out Dane being good for the next three years. But just pointing out, history is saying, be a little nervous. In general with guards, like Chris Paul, we saw from age 35 to 36 to 37, like it just dropped. But that's two years older than Dane. Maybe it's fine. I just worry about guards. We have not a lot of instances with guards in their mid -30s of them either peaking as players or being able to sustain whatever success they had during their prime. It always starts to go down with really no exceptions, except for Steph Curry. He's the only non -exception. So if your case is Dane's as good as Steph Curry, or Dane can be as potent as Steph Curry on a winning team, like, you know, Steph Curry is better than Dane, but I'm not going to argue that he couldn't do a lot of the stuff that Curry did in Golden State. The bigger issue for me, the age I'm definitely worried about. Dane has not been healthy the last couple of years, and we have not seen him play nine straight months at playoff basketball with a big bullseye on his back. Everybody coming after you, you're the best team. We haven't seen him do that ever, much less than the last couple of seasons. So can he stay up? Can he stay healthy? That's one thing. The defense with Dane just got kind of swept under the rug the last couple days, and I don't really understand it because there's five categories of defensive player I feel like. There's excellent, there's good, there's average, there's not so good, and then there's bad. And I think Dane's a bad defender. I think the stats back it up. Like, his defensive rating last year was 245 out of the guards. He's the 245th guard for defensive rating. You know, 117 .4 individual defensive rating is 483 overall. Portland's team's always defensively, it was the Achilles heel for them. Partly because of Dane, because he couldn't guard anybody. He's too small. And, you know, think about what we saw from the playoffs the last couple years. I think about the 2020 bubble Celtics playoffs, not infrequently, because I think that team had a chance to potentially win a title. What happened? Everyone hunted Kemba Walker. It was hunting season. It's like, where is he? Got to get a switch. Got to get Kemba Walker guarding somebody who's bigger, or got to beat him off the dribble, and it just became a hunt session with him. And basically, he got played out of the league. He's not in the league anymore. You know, we had this with Isaiah Thomas, too, in the mid -2010s. I think it's been an issue with Kyrie Irving. The Celtics certainly went at him in the playoff series with Brooklyn a couple years ago. Curry, you saw, who I think is a better defender than people give him credit for, but the And he's a much better defender than Dame is. Jordan Poole is somebody that got hunted in playoff series recently. Chris Paul, obviously, is a big one. Jalen Brunson, remember what the Heat did to him? Mitchell, when he was on Utah, this was a huge issue. And then Trae Young, obviously. My fear with Dame is he's a DH, and I think in Portland, part of the reasons he was able to put up the stats he did was because he wasn't playing defense, right? It was just, how many points can I score? My team isn't very good, and I'm just going to do my thing. He's an incredible offensive player. But how much of a trade -off is the defense, right? Well, you think, all right, well, Milwaukee, they're really good defensively. They'll be able to protect him. Here's the team. Giannis, Dame, Lopez, Portis, Middleton, Conaton, Beauchamp, Crowder. Who's guarding Trae Young on this team? Who's guarding Jason Tatum? Here's a partial list of guys that I don't think this team will be able to guard this season. Devin Booker, Tatum, Butler, Trae Young, Kyrie, Curry. Who's going to be chasing Curry around the screens? Dame lowered? Good luck. SGA, Luca, Mitchell, Murray, Edwards, Brunson, Ja, Garland, Fox, Halburn. Are they going to be able to cover Derek White? I don't know. The way this team is constructed, they are not going to have the ability to guard other guards at all, which means they're just going to have to be in a shooting match with them, right? It's going to be not much different than what's going to happen with Phoenix, where they're just literally going to have to outscore the other team. I've just watched too much playoff basketball over the last couple years, where it's like, if you have that weak link on defense, and you're playing a team that's smart enough, they're going to go after that weak link. Like, think about them against the Lakers, right? The Lakers figure their crunch time. Let's say they make the finals. It's Milwaukee and the Lakers, and Lakers crunch time. They're going to have LeBron and Davis and Austin Reeves and, I don't know, a shooter and a point guard, whatever. All they're going to be doing is trying to find where Dame is on the court and going after him. What about when they play Boston? Boston puts out White and Brogdon and Tatum and Brown and a center, and all they're going to be doing is trying to make sure Dame is covering somebody who has the ball who's now torturing him. I think it's a real problem for them. And what's funny is they gave up Drew's defense and, you know, they, what they gave up on defense, which is significant, and they gained an offense, it might end up just being a wash and they might just be a different version of the same team where they still have a huge flaw. It's just on the other end of the court. I'm just shocked that nobody brought up the defense. I agree he's an amazing offensive player and what's cool about this trade and what I'm excited about as a basketball fan is, can he go up a level? Right? A lot of these stats he put up, especially the last couple years. They didn't mean anything. They were, he was on bad teams. Like, who cares? Ultimately, Bradley Beal scored 30 points a game on the Wizards. Who cares? I think most really good offensive players, if they're on a bad team, can get between 25 and 30 a night. Can you do it nine months in a row? Can you do it when you're getting hunted on defense all over the place? How much can Milwaukee protect him? And what does he have in the tank at age 33 with 900 plus games on the O 'Dominor already? I'm still afraid of the Bucks, but people have, like, FanDuel had them as best odds in basketball and I think most people feel like they're the favorite now. I don't feel like there's a favorite. I think you can go through every team. Boston, I could, I'm scared of Porzingis. What's going to happen with Jalen Brown out there? He has contracts. Can Peyton Pritchard, all these different things. Philly, God only knows. Miami, they're unquestionably worse. Yeah, Milwaukee is going to be really good, but depending where Holiday lands and how this all plays out, I just think it's still wide open. And the other piece, so if you're just talking Boston, Miami, Tatum kills Milwaukee. I have no idea why. Boston is kind of built to at least stay with Dame and, you know, Derek White is about as good of a person you're going to have to try to keep Dame in check, at least. And Boston's done a really good job of guarding Giannis over the years. They don't have Grant Williams this year, but I just don't think, I think there's as many ways this goes wrong as it goes right, I guess would be my final thought on this because for what they gave up, especially with that 29 unprotected and the two swaps and, you know, they are all in on this team. And you know my theory, when you go all in on a team, you better think you can win. Not positive, but it's an awesome trade. It really is. It makes the league so much more fun. Dame and Giannis together. I'm going to enjoy watching Portland. I still have my eating stock. Watching Phoenix fans slowly realize that Derkiszna isn't the answer is going to be fun and then we'll see where Drew Holliday goes. So really fun trade. We're going to talk about it a little bit more with Die Hard Bucks fan, Ben Thompson in one second. Let's take a break.
Fresh update on "watches" discussed on Bloomberg Daybreak Europe
"Connections among global leaders that transcend geographies industries and ideologies because when global leaders work together outcomes benefit all of us. learn more markets headlines and breaking news 24 hours a day at bloomberg .com on bloomberg television and the bloomberg business app. this is a bloomberg business flash it's just coming up 722 in london i'm stephen carroll let's check on the latest market moves for you so we're watching this the pound strengthened on cable by three tenths of one percent now 122 .38 after that revision of the gdp figures for the second quarter so that is an interesting move that we're now seeing actually means it that the uk gdp is 1 .8 above pre -pandemic levels which makes it in fact now the third worst performing economy in the g7 since the pandemic germany and france at the bottom of the league tables remember that this was something that had been revised by the ons earlier for their figures for 2021 so that's now having an impact on some of the revisions in this final reading for the second quarter too looking at stock markets european stock futures four tenths higher for euro stocks 50 plus 100 futures are up by a quarter of one percent cat caron futures are tenths three higher in asia the msc irish pacific index is up by six tenths of one percent although chinese markets
A highlight from Congressional Republicans Lash Out At Gensler
"And at the end of it all, after dealing with several more non -answers from Gensler, an exasperated ogles closed the hearing with the call to open up the floodgates, hit him with subpoenas, get the information we need. The obfuscation, the not answering questions, I'm sick and tired of it. Dude, you wear tap dancing shoes better than Fred Astaire and enough is enough. It's time that questions are answered and that we have the information that we need. Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Thursday, September 28th, and today we are talking about Gensler's combative hearing. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on The Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Well, friends, we had yesterday another hearing featuring SEC Chair Gary Gensler. This was a House Financial Services Committee oversight hearing. And what makes this one a little bit more interesting, even in the Senate hearing that we heard last week, is one, it had some interesting lead -in in the fact that a bipartisan group had just sent Gary Gensler a letter encouraging him, in the strongest possible language, to approve a Bitcoin spot ETF. And two, it had the setup for some very interesting fireworks heading in. And indeed, that is exactly what we got. Committee Chairman Patrick McHenry set the agenda from the beginning with his opening remarks. He addressed Gensler saying, Last time you were before the committee, I voiced my concerns regarding your reckless approach to rulemaking, lack of capital formation agenda, crusade against the digital asset ecosystem, and unresponsiveness to Congress. So many things changed, so many things remain the same. Those are the same issues on the docket today. McHenry went on to accuse Gensler of doing nothing over the past five months to remedy the legitimate and often bipartisan concern expressed by this committee, adding that this is disgraceful and that their patience was wearing thin. Now, the Republican critique of Gensler's rulemaking agenda is that a huge number of rules have been proposed during his term without an economic analysis being performed on their cumulative effect. Regarding the crypto crackdown, McHenry rebuffed Gensler's constant assertion that the law is clear. He stated, your actions have created more confusion and lasting damage. Indeed, he said that contrary to the SEC's role of consumer protection, that Gensler's actions had, quote, pushed legitimate digital asset activities outside of regulated financial institutions where consumers are best protected. Keep in mind, this is all in the opening statements. McHenry went on noting that the SEC's regulation by enforcement agenda has been ineffective and has been on a massive losing streak in the courts. Still, the main point, the main thrust of McHenry's opening, was that it was unacceptable that the SEC had not engaged with Congress. Wrapping it up, McHenry said, the SEC is not above the law, nor is it unique. I do not want to be the first chairman of this committee to issue a subpoena to the SEC, and you should not want to be the first SEC chair to receive a congressional subpoena. Either we find a path forward where the SEC recognizes Congress as a co -equal branch of government and is responsive to our oversight duties, or my option is to issue that subpoena. It's time for you to consider the lasting consequences of your actions and what that means to the SEC's reputation long -term. While your time in this role may be temporary, the repercussions for your actions may be permanent for the agency. It was a fierce opening that sent the signal right away of what we were in store for. Now, a couple other quick notes around other opening statements. Democrat Ranking Member Maxine Waters used her time to rail against MAGA Republicans for pushing the government into a shutdown, and effectively defended the SEC's agenda on all fronts, and asserted that their rulemaking agenda was moving quote thoughtfully and effectively. Now, Gensler himself also got a chance to give an opening statement, and most of his time was spent on justifying the agency's regulatory agenda. He claimed overall that the rulemaking process had been measured with ample time and consideration given to public comment. Now, from there we moved into the question section of the hearing. McHenry as committee chair got to go first and used his questions to focus on Bitcoin. He asked Gensler whether he stood by his previous comments that Bitcoin is not a security, which Gensler evaded by talking in circles, never reaching a point. Notably frustrated by this process, McHenry snapped, I'm asking you to answer my question now. This is not supposed to be hard. Unable to get a straight answer, McHenry moved on to his point that there is currently no regulator with authority over Bitcoin's spot markets. He asked whether Gensler believed legislation should be passed to close that regulatory gap. To the surprise of no one, Gensler continued in his noncommittal manner, acknowledging the existence of said gap but failing to engage with the need for legislation. After that, McHenry left the crypto topic to press Gensler about when he can expect a response to document requests. Becoming ever more frustrated with Gensler's mealy -mouthed answers, McHenry said, This should not be the hard work of a chairman. You have 30 major rulemakings, but you won't even provide basic documents to us. Your unresponsiveness is non -compliance and we'll have to take action if you're not willing to comply. Now Maxine waters again as ranking minority member got to speak next. She, too, continued on the crypto theme, although she used her time to accuse the industry writ large of quote gross violations of the law that end in investors getting ripped off. She asked Gensler what the SEC has done to quote shut down crypto firms and whether quote crypto firms are getting the message. This, of course, mainly served to set up Gensler's usual sound bites. This is a field, he said, that's rife with fraud, manipulation and scams, and the American public is still getting hurt by the non -compliance in this field. Waters also used this chance to castigate Republicans who quote too often protect crypto firms. Now it was very clear listening to Waters that she wants the public to see the crypto industry as just Luna and FTX, to extrapolate them to everything and effectively shut the industry down. Now moving into the rest of the questioning, much of the substantive discussion centered on SEC staff accounting bulletin 121. Better known as SAB 121, this measure requires financial institutions to place intangible assets on their own balance sheet rather than in segregated customer accounts. The rule has been widely criticized for making crypto custody essentially unworkable for banks. Dissatisfaction was expressed from numerous representatives, including one of Gensler's usual allies, Brad Sherman. Sherman noted that the rule lumps all intangible assets together from real estate to crypto. He suggested that specifically designed rules for vastly different asset classes would be more appropriate. The most robust questioning on this topic, however, came from Republican Mike Flood. Flood put to Gensler that his staff did not consult with prudential regulators on SAB 121, which Gensler acknowledged. After stating that he had personally looked into this issue, Flood noted that the Accounting Standards Board had not published any guidance around crypto custody. This contradicted Gensler's comments from a previous hearing when he stated that the SEC was simply applying existing accounting rules. Flood said quote, With regard to SAB 121's potential effects on a bank's balance sheet, it's fair to say that fact pattern we have is that the SEC is not just going out of its lane, but it failed to comprehend the existence of any conflict with prudential rules. He suggested that there are only two explanations for this action. Either the SEC knew there was no justification for SAB 121 and chose to do it anyway, or that there were fairly obvious mistakes made during that process. Flood concluded saying quote, The case of SAB 121 raises the question of whether the SEC is compromised. Now, as you might expect, minority whip Tom Emmer lined up to take his shot with a series of rapid -fire yes or no questions. The main thrust of his questioning was around whether Gensler's history as a partner at Goldman Sachs had colored his agenda at the SEC. To get a sense of Emmer's opinion on this, just look at his tweet from yesterday where he said, Fact, Gary Gensler is not an impartial regulator, and his answers to my questions today prove just that. He's made a career of being relentlessly loyal to the largest institutions in America at the clear expense of innovation, competition, and everyday Americans. One example, Emmer presented Gensler with a quote he previously gave about bank executives being concerned about depositors moving money into crypto. Emmer asked, Can you assure this committee that your style of regulation by harassment towards digital asset innovation is to the benefit of every American and not driven by your desire to protect industry incumbents? At another point, Emmer asked whether Gensler believed that all crypto tokens were securities, which was, once again, avoided with a rambling noncommittal answer. And all of this built up to the big finale in which Emmer said, Mr. Gensler, despite your years of rhetoric, I'm convinced you are not an impartial regulator. Instead, it's clear you are working to consolidate your own power even though it means crushing opportunities for everyday Americans and, frankly, the financial future of this country. Even the federal courts are highlighting the damage you, sir, are doing to our constituents and they are telling you you don't have the legal authority to accomplish your goal of squashing competition in the financial markets. Now, while this was extremely satisfying to watch if you happen to agree with Emmer, in general, I find that this type of interaction is exactly why these hearings are so much about and not really about productive anything. This was a chance to articulate the Republican position against Gary Gensler. There's no real place for listening. It's about laying out a narrative. Now, in this case, I happen to agree with Emmer's narrative, but it still doesn't make for the most effective governance. Another notable line of questioning came from Democrat Richie Torres. Torres used his time to dig into the issue of whether crypto should be governed by securities law. He said, I worry that the term investment contract has become so infinitely malleable and I worry that when it comes to crypto, your interpretation of the term investment contract has no limiting principle and therefore could invite arbitrary and capricious enforcement action. Torres referenced an August report from six law professors which examined the history of the Howey test. That report had noted that no Supreme Court ruling has ever determined the existence of an investment contract scheme without recognizing one or more contracts underlying that scheme. When pushed to provide a case that contradicts this research, Gensler was unable to do so. When Gensler began to waffle, Torres cut him off, stating that, This is a question to which you should know the answer because the definition of an investment contract is the central issue. That's what determines the extent of your authority. That's what determines the applicability of federal securities law to crypto transactions. Your inability to answer that question is baffling to me. Switching tactics, Torres asked whether purchasing a Pokémon card would constitute a securities transaction. Gensler, as always, was unable to give a straight answer, stating that he would know what the context was, although generally he acknowledged that it would not be. Torres followed up by asking whether purchasing a tokenized Pokémon card would be considered a securities transaction. He asked Gensler if, For you, the process of tokenization is what transforms a non -securities transaction into a securities transaction? Gensler, of course, did not get to a real answer and just fell back on restating the elements of the Howey test. One other topic that you might be wondering if it came up was the Prometheum question. Prometheum was, of course, the first crypto firm to obtain SEC registration as a crypto brokerage, despite the fact that that licensing seems to give them no ability to actually offer digital asset trading. Prometheum is also minority -owned by a prominent Chinese firm. After Gensler failed to express any serious concern with the Prometheum situation, Congressman Ralph Norman noted that the SEC had taken 10 weeks to respond to a letter on the issue. He said, Andy Ogles brought the four -hour hearing full circle, saying, And at the end of it all, after dealing with several more non -answers from Gensler, an exasperated Ogles closed the hearing with the call to, So, what can be drawn from this hearing, if anything? Well, Gensler appears to be stubbornly sticking to his plan to evade document requests and oversight from Republican representatives. Over the four -hour hearing, there were few, if any, answers from Gensler that produced any new information or even, frankly, attempted good -faith engagement with the questions. Throughout the hearing, Gensler acted as if he knew there would be no serious repercussions and he could continue to treat congressional oversight as a joke. Republicans, for their part, are clearly fed up and ready to act. McHenry began and ended the hearing with a threat to subpoena the SEC and Gensler to compel a response to the numerous document requests that have gone unanswered. The threat seemed to carry little weight for Gensler, who seemed more than willing to allow that controversial action to play out. Now, on the flip side, establishment Democrats appear entirely disengaged with the legislative process and committed to the current strategy of naming failed crypto projects and demanding that the SEC continue its rampage throughout the industry. No senior Democrats appear at all concerned that the SEC is losing in court, as long as that litigation remains a roadblock for the industry. Representative Torres remained a bright spot and one of the few Democrats breaking with his senior colleagues. His questions showed a deep understanding of the legal issues surrounding token lawsuits and the need for additional clarity and crypto regulation. Overall, the hearing really just confirmed what we already knew about Gensler and his leadership of the SEC, which is, of course, that it seems very unlikely that anything will change. However, Republicans have now clearly reached the end of their rope and are ready to play hardball by using subpoena power. As Bill Huizenga put it to Gensler, what's your plan? Because we've got a plan. Until next time, guys, be safe and take care of each other. Peace.
Fresh "Watches" from WTOP 24 Hour News
"If I were the UAW, I would move back to attacking production at the actual car assembly plants. If the union picks one key engine plant that company could do a lot of damage. The weather watch this overnight is on the northeast where remnants of stormophilia are dumping lots of rain with the potential for serious flooding later in the morning in the New York metro area. That is a cause for concern in the subways for people with underground apartments, for places with basements and anyone who's traveling in the airports in and out of New York you are going to be facing delays. CBS news Meteorologist David Parkinson. Come next spring California fast food workers could get a significant pay increase. When it takes effect in April fast food workers in California will have the highest guaranteed base salary in the industry, 20 bucks hour. an Governor Gavin Newsom signed the law among fast food workers and labor leaders in Los Angeles. We saw the hour for food use. We saw the inequities in terms of the wages and the treatment and we realize we have responsibility. It's a win for labor unions which have worked to organize the fast food employees to higher get pay and better working conditions. On average fast food workers in the US earn $13 .43 an hour. Matt Piper CBS news. He was memorable in Potter the Harry film series. Actor Michael Gambon has died after about with pneumonia. Michael Gambon was 82. Futures are up 56 points. NASDAQ futures up 33. This is CBS news. If you need to hire you need Indeed because Indeed's all -in -one hiring solution helps you attract, interview and hire candidates all from one place. Visit indeed .com slash credit. WTOP in 203. Good Friday morning. It is September 29th, 2023. We're looking at cloudy skies, isolated showers by daybreak, some patchy drizzle and fog mixing in 55 to 65 below 62 now. Good morning to you. I'm Dean Lane. We thank you for taking us along for your early morning ride. Stopping the
A highlight from Kevin McCullough
"Welcome to the Eric Mataxas Show. Do you like your gravy thick and rich and loaded with creamy mushrooms? If no one was looking, would you chug the whole gravy boat? Chug! Chug! Chug! Chug! Stay tuned. Here comes Mr. Chug -a -Lug himself, Eric Mataxas. Hey folks, welcome to the program. If you're like me, last night you were able to watch the debate and you deliberately skipped it for your mental health. That's just where I am in life right now. I caught parts of it which made me wince and cringe, sometimes wince and cringe. I never wept, but you know what, it's probably better for me to find out what my guest thought. He may have watched the debate. My friend, Kevin McCullough, we call you votes tridamus because you are a prognosticator, a seer, a prophet politically speaking. Kevin McCullough of that Kevin show, how are you? I'm well and I can see some things very clearly today. There should be no more debates. These exercises in futility, and that's what they've turned into, are becoming embarrassing to the cause of what this election should be about. And last night, it's just hard to put into words how bad this debate was, from its execution to the policies, to the answers. It was just nothing good about it. Some people in my audience care about this. I'm in Irvine, California. I'm in a hotel room you people can see. I'm speaking today, so today's Thursday in Costa Mesa. So if anybody wants to come and hold my hand and hug me about the sadness of the debate, or just talk to me or get book signed or whatever I'm going to be tonight in Costa Mesa, you go to my website, ericmataxas .com, and you can see me and talk to me and hang out and whatever tonight in Costa Mesa. This is Thursday, folks. And tomorrow, there's a prayer breakfast here in Irvine that I'm speaking at. But the reason I bring this up, Kevin, is because I rarely have time to turn on the TV. And last night, I realized, oh, I'm pretty wiped out. Let me turn on the TV. Let me just look at the debate just to see. I literally really couldn't bear to watch it. So as someone who watched it, I'm talking to you. Am I being cruel or unfair? Because it was unfair. What little I saw was genuinely unbearable. No, as I was saying just a second ago, from the way it was structured, to the execution, to the answers to the substance, the format's wild and out of control. There's not really a possibility of getting very deep on any one of the single questions. And I think a lot of the questions that are being asked are not the right ones. And so as I've watched, and I didn't watch all of last night's debate in real time, I caught up on a bunch of it after the fact. But as I've sat through both of them now, it is easy for me to ascertain that no one in this field on that stage last night is serious about becoming president. And they're not biting into the enormous lead that the former president has only built on since the first debate occurred. The first debate, they had 11 million viewers put to put that in perspective, Eric, in 2015. For the first debate, they had more than 15 million viewers in 2020. For the first debate, they had about 18 million viewers. You're talking about a diminishing return a, a much less interested Republican base watching these, and they're not they're not going anywhere. And in the meantime, it's putting even with some of our better idea people on display as amateurs, even with Doug Burgum on the stage, hard to believe. Yeah. That would be like a rematch between Evander Holyfield and Mike Tyson. You're telling me people, Lisa Hutchinson was not able to be on the stage this time, as far as we know. Yeah, I think he took a, he took a face shot in the early rounds, and he was in his dressing room. Honestly, the thing there, what I said on Twitter this morning, was that they acted like it was 1985. We are living in a time in America, where most people see, we are in freefall, hell has been unleashed. Things have gotten so bad on so many fronts that it is, if you don't believe in God, which I do, and I trust in him, but if it weren't for that, I'd be scared to death. What is happening in this country? And they acted like it's 1985. And we're gonna, we're gonna have this conversation. And I thought, this is this is bad. I mean, the way the the deep state has been weaponized to go after Donald Trump, for example, I don't care if you're running against Trump, if you like Trump, but if that doesn't strike you as, as fundamentally un -American and sick as anything, as though, you know, we were being bombed by China, it's pretty bad. They seem not to be concerned. Well, they're responding to questions that have been supposedly thoughtfully put together by the moderators that are doing the debate. And Ron DeSantis did a little bit more of this last night, all of them to have done more of this, where he actually came with a little bit of an agenda to give little speeches every time that he was given the opportunity to speak. And he got more things out on the record than what he was asked about. But that should be the strategy of every candidate going into every debate. That should be the strategy of every thinker going on every media outlet that you can. Sometimes, Eric, it's better for me to go on Fox or Newsmax or somewhere and have something that I'm more intent on saying that what they want to ask me about. And if you're, if you're running for president in times of crisis, and I don't, I don't view the period that we're in right now as a peaceful time. We're not actively at war with anybody, but we are actively at war with evil on, on almost every front. So we need, there needs to be an urgency. There needs to be a sense of, we cannot phone it in and do it like we've done it in the past, especially knowing that we are going to run up against probably illicit, illegal, cheating schemes, trying to keep the election from actually being determined by the people that have the right to determine it. And before people criticize me for that, we've replaced the population of the bottom eight states in just illegal entries into the country over the last three years. Well, let's do that in a minute, because you wrote an article at townhall .com. That is one of the stunning nightmares that they acted like not, not really a big problem. But what you just said about cheating, I think most Americans know the Democrats cheat at elections. How is that not the most important thing to discuss when you're talking about a presidential election? Are you and I imagining, are millions and millions and millions and millions of Democrats actually cheat? Now they've done it for decades, but now we know that they have turned it into a science. They are at war with we, the people, they don't actually care about winning in a fair way. They just care about winning. How is that not unbelievably important and something that has to be discussed? But the Fox hosts and the Latina from Univision, which is another bizarre thing, they seem to act like January 6 was Trump supporters being violent. They seem to act like the election was fair. Biden won. What world are they living in? All of them. I don't know what to say. And obviously, I think Vivek and Ron DeSantis, they're the only two candidates that I can take seriously. I've got problems with them a little bit. But the whole thing was like, they were all play acting like we're living in a different America than the one most of us are living in. Well, I will hold one exception out to what you just said. And I believe that Nikki Haley had a sense of urgency about her last night. And she did in the first debate as well. And I think that's why she's now out polling DeSantis in several polls, is that people are beginning to understand that as a former governor, she probably has a shot at the VP pick. I don't think the VP pick is going to come out of this group. But if Trump did want one that I'm seeing kind of be serious on the issues that are the most pressing, she's the one that kind of gets the vote in terms of... I think of her as deep state, neo -con, next. All right. That's fine. I'm just saying in terms of her performance thus far. We've got you our wonderfully. I'm so glad that we do. We'll be right back. With the overturn of Roe v. Wade, lots of companies are coming out saying they'll pay for employee abortion travel and expenses. Most of you have heard about some of these companies. You've decided to stop shopping or doing business there. But did you know that you most likely own stock in those companies through your 401ks, IRAs, and other investment accounts? Folks, this is a huge problem. And we need to do something about this to send a message to Wall Street through our investments. You need to go to inspireadvisors .com slash Eric and get a free Inspire Impact report. This biblical investment analysis will educate you on what's really in your investment accounts like companies paying for abortion travel. You need to go to inspireadvisors .com slash Eric to connect with an Inspire Advisors financial professional who can run your report and help remove companies paying for abortion travel today. Go to inspireadvisors .com slash Eric. That's inspireadvisors .com slash Eric. Advisory services are offered through Inspire Advisors LLC, a registered investment advisor with the SEC. 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To get started, you're going to love this free new tool that they've added. Please go check it out today. That's legacypminvestments .com.
Fresh update on "watches" discussed on The Bill Simmons Podcast
"Shot one of those whole network promos that ended with everybody walking outside. So you had the today show and the old school network promos. Yeah. And you know, those used to be a huge thing that I genuinely was excited to watch. I mean, look, we had, you'll admit to it, right? You had a genuine rooting interest in some networks over the others. You know, I remember being gutted as an NBC kid, which I would have called myself. So sad that moonlighting was ABC. You just felt like if we just had moonlighting, we would be the perfect network. Yeah. I always felt when, when CBS canceled the white shadow, I was like, I'm out. You guys, you guys are fucking dead to me. It was right over the ABC, NBC. So I always had a grudge against CBS after that. We, one of the stories that we have that I'm sure we've talked about way back when, but maybe a lot of people don't know is you were like. Not unclose to maybe hosting a show on ESPN. I was like, that was a real thing. Like it was going to be a real thing for, I don't know, maybe six months there. What was that? Like 2012, 13 range. Yeah. It was right in the run up to this deal. And I will say, I don't think it hurt that NBC knew that I was talking to ESPN. I hosted a couple of SPs and I hope I'm right here that I sat down with John Skipper and probably Connor Shell. Right. Would that be who I, yeah. So, um, and I remember having a couple meetings with those guys, you know, the SPs have been a great experience for me. I love the creative freedom they had given us and I really liked John and I really liked Connor. They were, they were two, uh, straight shooters. And you had me and Maura just badgering them. You got to do this. We have to do this. We were just killing them. Made it. I, you know, look, this is what made it an easy decision in the end. Not to do they wanted live and I don't think they were wrong, but you know, I just lifestyle wise. I couldn't imagine doing on the East coast as well. Right. Like I know a Kimmel did it. It was basically going to be like your version, but with more guests and stuff of what Van Pelt ended up doing, which probably makes way more sense for what ESPN is than what we were talking about with you. I think. Yes, I think so too. I mean, I think it was, I mean, you must've heard it more than even I did, but the amount that people would say, you know, what show there should be. The daily show for sports. And I've always contended that the daily show for sports was a good irreverent sports center because you don't actually want comedy. People are fans of sports in a way. They're not fans of politics and they don't actually want to watch, you know, a comedy about basketball games. They like to see highlights about basketball games with some, you know, guys that seem funny and fun to be around. You know what it was? It was probably an idea that was about 10 years too late, but I still think it would have been awesome if you had come and tried to do it and you were the best person to do it because you actually follow sports. And as we've seen on NBC, you know, it was the late night show, but I'm not sure. I think over the 2010s people stopped watching ESPN in quite the same way because we had the internet. You know, once the internet really rounded in a shape where you could be like, how'd my guys do last night? Oh, I can watch these videos of my team. And so the, the sports center impact I think was lessened. And then a lot of it headed more toward breaking new stuff like the dame lowered stuff yesterday where it's like dame lowers just got traded. Let's go to so-and-so and now it's two people in a box. But in like the early 2000s, I think it would have crushed. I think it would, I think it would have crushed, but I think it would have been, I think I would have started at the height of it and which is never kind of where you want to get. Right, right. And as it's, as the years pass, you're like, oh no. Yeah. Cause some things like PTI, I feel like is almost the same from an essential standpoint as it used to be back in the, even podcasts breaking stuff like the dame mower trades yesterday. Perfect example. Like we had two podcasts up even before PTI came on, but it's still like those guys and they're still coming in and it's right before dinner. And it's basically a 23 minute show. And it's just like, cool. I want to watch them at least do the first segment. And I don't feel like that's changed that much, but some of the other stuff has. And I just think in general and why I think I was really lucky to get into this model, you know, this network model when I did.
A highlight from Gavin Wax
"Ladies and gentlemen, looking for something new and original, something unique and without equal. Look no further. Here comes the one and only Eric Mataxas. Hey there folks. Welcome. We have been told that tonight there's some kind of Republican debate. I'm not sure if that's a rumor, but it might be true. And in case it is, we thought maybe we should talk to somebody about it who can tell us what is going to happen. So we have back our friend Gavin Wax. He's with the New York Young Republicans. Gavin, welcome. Eric, it's great to be back and I'm looking forward to the vice presidential debate tonight. Oh, the vice presidential debate. Well, you know, I think Trump said it best that all these guys are looking for a job or trying to apply for a job. It's really just a job contest. No one actually on the stage is going to become president, certainly not this cycle. So we'll see how things unfold if that's how it's looking. It's funny and true, obviously. Many funny things are true. Many true things are funny, but you're right. Now, who tonight's debate? I'm planning not to watch it. What who has qualified, quote unquote, qualified to be in this debate? As far as I'm as I'm aware, it's nearly everyone from the original debate. I think maybe Asha Hutchinson has dropped off. You know, he was polling at, you know, point zero zero one. Now I think he's pointing at polling at point zero zero zero one. So, you know, that that decimal difference makes all the difference in getting on the stage. But you'll see the usual cast of characters. Ron DeSantis, Nikki Haley, Tim Scott, Chris Christie, you know, those are the guys that are probably most will get most of the eyeballs, will get most of the attention. People will be seeing, you know, what they do, what they say, if they mess up, if they don't mess up. And then the others are basically just background actors, you know, just adding some ambiance to the stage, I assume. Yeah, it's really not ambiance, actually is the opposite of ambiance. But I know what you mean. Let me ask you, though, for sure. Chris Christie doesn't want to be Trump's vice president because he seems to be there only to express his peak and animus toward Donald Trump. He seems to to be there only to fulminate and to pummel the air with his horrible words against Donald Trump. Yeah, no, you're correct. He probably falls into the camp of people that is not that is not looking for a job, but it is on a on a revenge tour. Many people have accused President Trump of only running for a revenge tour type of campaign. But in fact, you look at individuals like Chris Christie, the only reason he's Donald J. Trump, President Trump, who he believes wronged him or slighted him after the whole presidential transition in 2016 or, you know, Christie didn't even do his job.
Fresh update on "watches" discussed on The Bill Simmons Podcast
"Member F I N R A S I PC. What a pleasure to have one of the hosts of Strike Force Five, a podcast that's going to come and go and leave a nice fresh corpse after 12 episodes because all the late night hosts are back on TV. What is it Monday? Everybody's back Monday. We're all back Monday. 10 2 except for a classic John Oliver move. He's going to be back on Sunday. 10 1. Oh, he I got you. All right. Well, this is Seth Meyers. We have a long history. We do. I think you were the first celebrity whoever asked to come on the pot. That's how I remember it. Yeah, I think that's what happened because you were listening to it. I was a fan and I was so surprised when you mentioned you were like, whoa, Jacko was on one. Are you said? So I'm like, wait, you listen to the podcast. I had no idea anybody listened to it. You came on and you were the, I think one of the first celebrities I ever had on. You might be one of the first creators of content who I have been engaged with from the entirety of your career as well. I feel like I was there from the very beginnings of your internet. Adolescence is ground floor. Yeah. Yeah. I'm a real, I, you know, if you, if you could have bought in, if I could have gotten those early NFTs, I would be really cashing in right now. NFTs are in trouble. When we were doing it back in oh nine, it was oh eight or oh nine. I can't remember what year, but, uh, we couldn't see each other. There was no zoom. I, you would just call into some weird phone line. I would just listen to you. We would talk, we would try to figure out when the other person was going to stop talking. It was, it feels like a million years ago. We talked Red Sox Steelers. You were working. I was still at SNL at that point. Yeah. Yeah. I remember talking to you from the desk. I had the entirety of my run there because I was a, I was a one desk, uh, cast member at SNL, which is very hard to pull off. Who were the roommates that you had at our office mates? I should say. So I started with Eric Kenward, who is still at the show as a producer and Dean Edwards, who was a Dean Edwards. Yeah. Dean Edwards. I, cause I started with Dean Edwards, Jeff Richards, and Amy Poehler. That was my, that was my class. And then they left and I had Matt Murray. Who's a really talented writer. Who's gone on to work on shows like parks and recreation and many others. And then I graduated to having it by myself for the end of my run and having your own office, no matter how shitty an office it was. And I really do want to stress it was shitty. That was a big deal. Yeah. It's like in college, if your roommate moves out with like a month left, you're like, this is amazing. Yeah. And then Joe's, uh, Joe's took it over. So it's, it is now, it's been an office that has been in the hands of, of just two guys for almost 20 years. Well, we had this writer strike for almost five months. Weird timing from a late night standpoint, because the country's getting super interesting right now. So you have to sit out on like the frigging debate we had last night. Um, but then also the SNL with the 50th season. Now all of a sudden we're getting thrown into that. So I, I mean, when does SNL come back? Are you going to be involved at all with the 50th season and how does it play out? Cause I haven't really heard any details. So I think there's saying the beginning of year 50 is the Olympics this summer. Is that maybe right when they're going to start announcing and getting it ready to go? But I would imagine it's going to be not this February, but the following February is when it all falls. But I think that unlike the 40th or the 25th, I would imagine you are going to be hyper aware of it for the whole year. And I think that having recently had dinner with Lauren, it does seem like it's going to be pretty special. I w you know, I've talked about this before, but I've never been in a room with more famous people than the 40th, obviously. Right. And so 50 going to be like, right. Because you know, the thing about famous people is if they don't die, they don't get less famous. So, you know, especially the ones that came to the 40th, they're still around, you know, use if you, you're still Keith Richards. So you have that and then you add in people who've been famous in the last 10 years who get to come as well. I will say, and it was really funny to realize that this is a problem that somebody like Lorne Michaels could have all his fears are seeding. Like where is he going to put everybody? Because it just you ran that studio. It can't hold the amount of people that are going to want to be there. So we got this, the season 49, but then that season 50 celebration, I don't know what the timing of that is, but it's hard to believe that that show has been around for a half century. It's just like, that's such a long time. Like when we were growing up, a half century just seemed like a kajillion years. Yeah. It seemed like meet the press. The only things you could believe would been around that long were shows like that where, you know, it'd be like black and white grainy Walter Cronkite. And it, you know, which is, I guess what to young people today, those early episodes must look like as far as the sort of standard definition television. But yeah, it's going to be, I think there's just going to be events all year long. And it's funny because I was, I think I'd left only a year previous to the 40th. Yeah. And I felt, I still felt very plugged into it. And I now realize that this time I'm going to have what I think a lot of cast members have when things like this come up, which is, I wonder if they're going to ask me. To do something, you know, because it, I felt like last time it was very clear I was going to play a role. And this time, you know, I think it might get close and you realize, Hey, I think they maybe, I think they maybe wrote it already. I think it might be done. Do you listen to the Carvey spade podcast? You must. Right. I just did it for the first time. It hasn't aired yet, but I do listen to it. And, um, it was, it was so much fun to do as well. But I like that it exists. They're like the perfect guys to host it. And, uh, I don't know. There's been, I've listened to a bunch of them. There's been some really good SNL history, like Jim Downey's episode, I thought was really good, but they've had some, some people where it's like, whoa, didn't know that story. Yeah. You know, it's, it's a good Chronicle. I think. I think they've done a really smart thing as well, which is a lot of the people that maybe haven't done a million podcasts talking about SNL. You know, there's like this whole sort of tranche of SNL people who were also there for all the craziest hosts and all the nuttiest stories. And they have done a very fine job of, of mining into those details. So you're like extended class because that those two thousands people. It's been fascinating to watch what happened over the last 15 years. Right? Like haters turned into like, uh, a European independent film director, basically that last season was like, uh, you know, he's just, he went to a whole other level. I will say Barry, Barry changed more over the course of its four seasons than SNL changed over its 50. Right? Like the first episode of Barry, you're like, Oh my God, so funny. And then the last episode, I think that's what he wanted though. That was like his intent the whole time. It was super dark. I thought that, uh, the journey as a viewer was just fantastic. I have no, I have no criticisms at all. So you have him. Wouldn't guess that maybe in 2006. It's like, this is going to be his arc. You have Sudekis who becomes the king of Apple TV with, uh, with Ted Lasso, which was the, at the show America apparently needed during the pandemic. The, the good, the nice, sweet anecdote to, uh, how all of us were feeling. So that happens, but you would have guessed he was, there was leading actor potential, but like none of that surprised me, but it was just, it was funny that it all blossomed like this decade. Yes. It's also very, I mean, the crazy. Zia's roommates ever is that Barry and Ted Lasso shared an office because those are the most divergent successful television shows, certainly in the last five years tonally. Right. So then you had, you were there with Tina Fey, who created 30 rock and has been obviously done a bunch of stuff. Polar was like your, that was your sidekick. Yep. I would say I was her sidekick, but I take the point. She has all that. Sandberg does up, but it's just kind of funny to look back now. Like that was a real class the way that we used to look at. Yes. You know, like we would look at like the Belushi class or like the, you know, the Phil Hartman, Dana Carvey class. And now as all these years later, I was like, ah, that was definitely an era. There was a, uh, there's a photo of, cause we got really lucky after the last writer's strike, we had a very small writing staff, which had people like John Mulaney and Simon rich on it. So those are people that aren't even on camera. And then we had an 11 person cast and I look at the photo every day because it's right side, right outside my studio. Uh, you have Daryl Hammond and Kenan Thompson who are still involved with the show. And then the nine, uh, uh, the rest of us have all hosted, which I think is maybe the only time that's happened because it's. It's wig, Maya, polar, Forte, haters, Sudeikis, Fred, myself. I feel like I'm missing somebody. Um, but it's, uh, that's fine. You, you even bad at 90%. That was, it's a good group. It was a bit. It's uh, uh, yeah. I mean, so you just look back at that and you realize, oh yeah, we were there for one of the best eras, uh, of the course of the show. And it does really speak to how a smaller cast can sometimes be really beneficial to everybody's growth. I wonder where SNL fits in these days when like you can just go on Instagram and watch golden retrievers jump into a septic tank. Yeah. And then you just click the route, go to the next Rio and it's like, oh, there's a baby that fell over, but the baby's fine. And then you go to the next row and it's like, oh, that guy almost got in a car accident. And it's just like, now you've watched 75 straight reels over the course of 35 minutes. Like there was a lot less to do in the seventies and eighties, like when we were growing up. Well, even when we were growing up, I'm sure it was the same for you. I would stay up every Saturday to watch SNL. And then the other nights of the week, I would watch reruns of SNL from the seventies. Like my reels were just full episodes of old SNLs. Yeah. I wonder, I bet. How old are your kids now? Just seven, five and two. Yes. A year a while away. My, I have two still teenagers and I just wonder like, what are going to be their shared experiences with other people from there now they're kind of demo when they're like 38, you know, they'll have like stranger things and a couple of things like that. But it's not, we had, you and I grew up in, you know, different places. We did know each other, but I'm sure we had like 20 of the same movies, TV shows, comedians, whatever that we loved. Right. Well, there was only that one algorithm, like show business made the algorithm. And now it's crazy because even when you talk about, you know, reels, you know, my reels, I, you know, it's hard to process that. It's not what everybody's seeing when you scroll down, you know, designing you. Yeah. And I'm, so I'm seeing a lot of, you know, old Red Sox highlights and old SNL sketches. And I'm thinking, wow, these guys, I'm so happy. They're having their time in the sun and you realize, well, no other people aren't seeing that. And so that was, you know, and you know, every now and then, you know, people, I feel like they tweet a photo of, you know, just like 20 cardboard VHS tapes of movies from the eighties. And every one of them, I guarantee is a movie you and I have seen 10 times. And, you know, it is a real back of my day thing to say it was better back then. But even now, when we try to make jokes about where we try to make a pop culture reference to a recent thing, even strangers things, for example, you realize it still doesn't have like the breadth and scope of making a reference to Terminator, a movie that came out. Yeah. Eighties, which just has like a, like a stronger cultural grasp because so many people saw it so many times. Yeah. I don't even know what they, you know, I think I'm the way my column and the way I wrote it in the two thousands and a lot of it were like these pop culture references or references that I knew people would get. And I don't even know necessarily how you would do that now. Like if I was making, I don't know if I dropped like an Outer Banks reference, would people get that? But 20 years ago, I know if I'm dropping, I don't know, 48 hours or midnight run or something, I know people are going to get it, you know, and I think that's one of the things. It's probably changed. It's just a lack of things in common with everybody else. There's like even shows. I'd never seen like Dawson's Creek where I feel like I can get the reference based on the fact that it was, it made a big enough ripple that you sort of caught it just by being adjacent to people who are watching it. And I don't know if that happens anymore either. Yeah. I remember there was an SNL sketch in the early nineties when Susan Day was the host and they did a Brady Bunch versus the Partridge family and it got teams like everyone in the cast. And it was just like the perfect SNL sketch for what the nostalgia, you know, early nineties, the way everybody had watched the Brady Bunch and Partridge from like literally everybody. So everybody probably had the highest Venn diagram of if you're doing nostalgia sketch, how many people are going to get that? I don't know what that is anymore. I guess it would be friends, Seinfeld. There's probably a couple from that era. Like you could do, I saw it, there was on Instagram, there was this Brooklyn baseball, minor league baseball team. They had a Elaine dancing contest. Yes. I saw that. And that was, I was like, oh, that's something like everyone would get like that. Everyone remembers the Elaine dancing weirdly SNL would probably score better with an office parody today than with a parody of any saying. Oh yeah. Office. Definitely. How is your, you've been doing your show for almost 10 years now. Yeah. Now you have to start doing it again. When you started that show, you know, the, the online social was important, but it wasn't everything. That's right. And now you're trying to reach a generation where I don't know if people 25 and under know what channel things are on. I don't think they do. I don't think my daughter knows what channel anything is on. I think she knows where the apps are. It's so funny to get to YouTube. I was, uh, I, uh, I have a real, a deli guy. I really liked, I get my coffee from, and he very sweetly has been giving me, um, uh, once a week, he doesn't make me pay cause he feels bad that I'm not working. And, um, I'm really heartbroken that he's going to find out the strike is over and I'm going to start paying full freight. But he'll, I remember the first time I talked to him, uh, he's like, somebody else had told him I was on TV. He didn't watch my show. He goes, what? He goes, what channels? And I was like NBC. And then he said, no, but what channel? Because he's still like four, you know what I mean? So that's a thing even, I don't know. So I don't want to be too judgmental of people that don't even know what NBC means, but, uh, yeah, it's a trip. I think interesting thing that happened for us and I've said this before, but you know, we started, I think the conventional wisdom was the only things that worked virally were short. And the only thing that works virally for us is the longest thing we do in the show. You know, closer luck is the people that watch that on YouTube. That's by far, uh, the highest consumed piece we have digitally. So it's been nice for us to realize, I think in the way that, you know, look, podcasts, I don't think anybody thought in the way that you listen to talk radio. I don't think people ever assumed you'd listen to long form interviews the way podcasts provided them, but people do weirdly have patients for things if they're, uh, rich in content. Yeah. And that's what a closer look has been for us. So, yeah, well, you probably have people that they only watch that, right. And I don't know any other piece of the show. Yes. That is certainly based on, on the, the digital data takeaway would clearly be that it's a, it's closer looking. Yeah. Cause my son consumes Jimmy content, Jimmy Kimmel, right? He has no idea what, no idea. Well, cause he's known him forever, but he does like, he likes the prank stuff. Um, and he's watched just any subscribes to the channel. So he'll pick and choose. He has no idea what channel Jimmy's on. Like not like if I was like, Ben, I'll give you. $50. If in the next five minutes you can find where Jimmy show is, he just would have known, but he's seen probably, you know, 50 cousins, Sal pranks. And he's seen, you know, a hundred Guillermo videos and things like that. And I don't know, maybe that's, that's where it's going, but it's so weird. It's so I can't wrap my head around it because of what we grew up with, where you just watch the Letterman from 60 straight minutes. You know, we also, I think it was 2013 tail end of my time at SNL.
A highlight from The GOP's Dreadful Second Debate
"Cable news, noisy, boring, out of touch. That's why Salem News Channel is different. We keep you in the know. Streaming 24 -7 for free. Home to the greatest collection of conservative voices like Dennis Prager, Jay Sekulow, Mike Gallagher, and more. Salem News Channel is unfiltered and unapologetic. Watch anytime on any screen at snc .tv and local now channel 525. Hey everybody, what a circus clown show. We recap the Republican debate and also talk about Gavin Newsom. Email us, as always, freedom at charliekirk .com. Subscribe to our podcast, open up your podcast app, type in Charlie Kirk Show, and get involved with Turning Point USA today at tpusa .com. That is tpusa .com. Buckle up everybody, here we go. Charlie, what you've done is incredible here. Maybe Charlie Kirk is on the college campuses. I want you to know we are lucky to have Charlie Kirk. Charlie Kirk's running the White House, folks.
Fresh update on "watches" discussed on BTV Simulcast
"In jonathan perot and lisa abramowicz in your base case the worst case scenario who says finance you thought it was in the zoo guys which one of us i think it's pretty clear who's in the state bloomberg surveillance must listen must watch i think they made a great decision separated us both weekday mornings at seven eastern on bloomberg radio and bloomberg television when you denies and decoder we're probably the first thing you decide to keep is there any serious contemplation of sanctions against china detailed financial and business reporting tell us more about your customers and how they're doing now expert analysis you're basically just changing a five dollar bill into five ones definitely essential looking at high -yield where does that take you these days bloomberg radio the bloomberg business app then bloomberg radio dot com the time has come to make an adjustment uh and also more importantly i think it's spreading throughout the country uh... that yen weaknesses gone far enough uh... that's about the level where we need to stop sakaki give us a mention hundred fifty five i
A highlight from 1243. Should You Trust Pet DNA Tests?
"Celebrating the connection with our pets, this is Animal Radio featuring your dream team, veterinarian Dr. Debbie White and groomer, Joey Vellani. And here are your hosts, Hal Abrams and Judy Francis. Do you know what kind of pet you have? Well, certainly if it's a cat or dog, you probably know the difference. But do you know what kind of breed? Is it a mutt? What is making up the DNA of your dog or your cat? And do you care? A lot of people do. There's about 10 different tests on the market right now where you can send in saliva or cheek spittle, I guess? Yeah, cheek swab. It's actually the epithelial. So it's the cells that you're getting off the cheek, not necessarily the spit. Epithelial? Is that what you said there? I learned so much from you. And they'll tell you if it's what kind of breed it is or if it's made up of several different breeds. You did this, Judy. I think your results came back like lion and elephant. They weren't even dogs. It was so bizarre. She's full grown now. She weighs nine pounds. And it came back all these St. Bernard's, German Shepherds, Belgian Malinois. I thought, really? So that was a cheek swab. And then when I did the blood... Oh, you did a blood test too? I did a blood. It came back Jack Russell, miniature pincher and Maltese. And are you going with that? Oh, definitely. She's definitely Jack Russell. It came out 50 % Jack Russell. And that's what she is. Now, why did you want to know this information? Well, first of all, I didn't want a Jack Russell because I did my research and I know how hyper they are. And I'm not that hyper person. I want a more laid back dog. And so I did my research and got her from a rescue when she was eight weeks old. They said she was a Chihuahua, but there was no Chihuahua in this girl. And I questioned that as she got a little bit older. And I thought, okay, I got to find out. And I wanted to know what she was because people ask, people look at her, and everybody had their guesses. And it's like, I don't know. And I wanted to know what my dog was. But would it be safe to say you didn't want a Jack Russell, but you love your dog? Oh, I would not trade her for the world. I'll keep that little 50 % Jack. So the blood test really made little difference in anything, really, except telling people. Just what it was. It was kind of like bragging rights to know what my dog is and be able to say when people ask. That's basically why I did it. But then again, still, at least I know if there's anything I should look at, you know, with the breeds that she may be predisposed to down the line. You mean like a sickness or a disease? Health? Yeah. If she starts doing something or something happens and I can say, well, that's typical of this breed. So what kind of diseases and sicknesses are typical of, what did you say? Was it Jack Russell? Jack Russell, 50%. And a Min Pin? Well, we can see a lot of things with knees, so we can see patellar luxations. She's had two knee surgeries, two back legs. But that also fits with a lot of other small breeds. But, you know, there can be some host of skin diseases, allergies that we may not have like a specific test for. You know, but there are some conditions in some breeds, like say golden retrievers have a genetic linked with seizures. So if you had a yellow large breed dog and you didn't know what it was and it started developing seizures. And if I knew this dog was a golden retriever, I'd say, wow, you know, sometimes golden retrievers can be very challenging to manage with seizures. And we really have to use every means at our disposal to try to get those seizures under control. So it wouldn't change necessarily, you know, would I treat or not treat, but it might make us say, okay, our expectations are this is going to be a more challenging patient to try to manage. So that's one example. But there's a whole tons of things, you know, cataracts are inherited, heart diseases with certain breeds can be inherited, and kidney problems with cats. There's a type of polycystic kidney disease, a kidney disease in Himalayans and Persian type cats that can cause different problems. So, you know, there's all sorts of things that there are genetic tests for. It doesn't mean your dog or cat will get them. It just may mean they have some genetic tendency or genetic marker for that. So I see these online tests and but you do it in your office there? Do veterinarians offer these tests? Yeah, I mean, not everyone is going to do that. But we we do like that. And it's one is it's kind of the ooh, cool factor, you know, so you can, you know, have a party and people will ask and you can actually have some answer that sounds, you know, like you didn't just make this up. That's one important thing. But I do think it can help guide some decisions on awareness and potentially your pet's health down the road. So I wouldn't say it will make me do something different for a patient as far as putting them to sleep. But I do think it's important information to be armed with to know what you need to worry about to watch for in your pet's life. I agree. And if you can't afford it and somebody asks what kind of dog you have, say snuffle up against it really will throw the middle. It'll be different. So we're going to talk to a lady today, a doctor, Dr. Lisa Moses. She practices pain and palliative care at the Angel Animal Medical Center in Boston. And she says you may not want to bet the farm when you do one of these tests, as sometimes the information may not be accurate. And I wanted to find out about this. How important is it? Are people making decisions with bad information? So we'll have her on the show in just a few minutes to talk about that. Also today, we're going to be talking to the folks over at Smoke Alarm Monitoring. What's this guy's name? It's spelled really weird. Z -S -O -L -T. Zolt. Is that Hungarian? What is that? Sounds like it could be. He says our pets are starting fires. He sells smoke alarms for a living. And he says that our pets are actually, while they're unattended, starting fires in our house. See, I hide the matches. You do? Little delinquents. Oh my goodness. Yes. What do you expect? But first, your calls toll free from the free animal radio app for iPhone and Android. Let's go to Gary. Hey, Gary. How are you? I'm very good, sir. How are you? Very good. Where are you calling from today? You have kind of that southern twang. North Carolina. North Carolina. How is North Carolina today? It's kind of warm. It's not unbearably hot, but it's a warm day. What's going on with the animals? I have the whole team here for you. Okay. Well, I've been listening to your program lately over the last several weeks and was interested in the discussion that I've heard about yeast infections, skin conditions, and the treatments. And then also, there was also somewhat of a separate discussion about the use of human products on animals and how effective they can be, or harmful, or whatever the case may be. And I wanted to tell you about my little guy. I'll give you a little background on him, a little of the tale of the tape. He's approximately eight years old, as far as we know. He's a Yorkie mix, he's a small guy, just a shade under eight pounds, and I found him abandoned out in the country. And he was in pretty bad shape. He was missing hair and had a lot of parasites and skin infections, yeast, and all that. And we've been battling it for nearly three years now, but he's made much improvement, just great improvement. I kind of took it upon myself to use a product that's designed for human females, actually, who might have that kind of affliction, and rubbed it liberally on the elephant skin areas of my dog. And after doing that for three or four days in a row, it really seemed to help clear it up. What do you think of that, Doc? Well, we have to be precise when we talk about different products, because there's some products that actually can have harmful ingredients in them, and some won't hurt, and actually have active ingredients that might be appropriate. So I'm going to back up, because when we talk about elephant skin, and kind of that thickened skin, like for anybody who's not seen this in dogs, it typically is when their skin gets real thick, leathery, they lose the hair in the area, and it actually, from a distance, looks like elephant skin. And that's a combination of what we call hyperpigmentation, so the skin turns dark, and lichenification, which is where the skin becomes thick, and there's extra layers, if you will, that kind of are put on top of the skin. Those things happen from a couple possibilities, and we can see it with allergies, but really with things like yeast and bacterial infections. So it sounds like you're certainly barking up the right tree there, but the cautions I have with some of the female yeast products that are used for vaginal yeast infections, there are some that actually contain anesthetics. A vagus cell, for example, contains an ingredient called benzocaine. And this can be highly - Well, that's actually what I used. I used the generic, but yeah, you're on the right tree there. Okay. Yeah, so actually, benzocaine can cause toxicities in both dogs and cats. So just licking it off their skin, it can actually be toxic to the red blood cells, causes what we call hemoglobinemia. So if it contains that ingredient, I would say, put it back on the shelf and save it for your wife in the household. But there are certainly, say, athlete's foot creams that contain chlorotrimazole, which is an antifungal. In that, we've used that on surface yeast infections. But the reality is, if we've got that kind of change in the skin, most of those pets actually need kind of a two -pronged approach. So the topicals only get you so far, and they really need to be on some kind of oral or systemic therapy. So most of the pets that I have with that kind of skin can take a course of maybe three months to get them improved, controlling the itch, controlling the infection. If they've got yeast or bacteria, then we put them on either an antibiotic or an oral yeast form, like ketoconazole, per se.
A highlight from Who Won The Second Republican Debate In California?
"This is your source for breaking news and what to make of it all. This is the Mike Gallagher Show. Donald, I know you're watching. You can't help yourself. I know you're watching, okay? And you're not here tonight because you're afraid of being on the stage and defending your record. And what you've got, honestly, every time I hear you, I feel a little bit dumber for what you say. For all the random shots at Trump, you know, they went right for the capillary, not the jugular. I think this was a good night for Donald Trump in the end. Now, from the ReliefFactor .com studios, here's Mike Gallagher. In all the years I've been doing this for a living, I recognize my limitations, okay? I don't think I'm the smartest guy in the room. I'm not the be all, know it all. I don't have the answer to everything. But finally, after some 40 plus years in this business as a broadcaster, I can come to a conclusion after suffering through last night's GOP presidential debate at the Ronald Reagan Presidential Library and Museum in Simi Valley, California. I know unequivocally who won last night's debate. And there was a winner. There was one person who was victorious. You know, they always say this about debates. Somebody's got to shine. Somebody's got to soar. Somebody's got to really knock it out of the park. Well, for the first time in my career, I can unequivocally, enthusiastically and confidently tell you that there was indeed one such candidate last night. And it was this guy.
A highlight from 1415: Bitcoin Will Soon Hit $500,000 - Winklevoss Twins
"Welcome everybody to Crypto News Alerts, the number one daily Bitcoin pod. In today's show, I'll be breaking down the latest Bitcoin technical analysis as Bitcoin recaptures $27 ,000 and quoting Max Keiser, the high priest of Bitcoin, Bitcoin is the North Star guiding to the only safe haven asset in the world that protects against inflation, confiscation and censorship preach. Also in today's show, Ethereum futures ETFs can start trading as early as next week. According to top Bloomberg analysts, we'll also be discussing the SEC pushing back the deadline for spot Bitcoin ETF apps, definitely not a good look. And speaking of ETF apps, I'm also going to be sharing the five highlights of Gary Gensler's evasive testimony before Congress quoting Senator Warren Davidson. Gary Gensler's tenure at the SEC highlights two key problems. Number one, Gary Gensler's problem and number two, the SEC's structural problem. That's why I introduced the SEC Stabilization Act to fire Gary Gensler and restructure the SEC. Let's freaking go. Also in today's show, crypto analyst Michal van de Poppe predicts a very positive quarter four for 2023. I'll be sharing his targets in which he outlines. We're also going to be discussing the SEC's inaction on the spot Bitcoin ETF is a complete and utter disaster, according to the Winklevoss twins. And speaking of the Winklevoss twins, I'm also going to be sharing with you their $500 ,000 Bitcoin price prediction, which they say is coming soon. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. Welcome everyone. This is pod episode number 1415. I'm your host JV. Today is September 28, 2023 and Bitcoin is finally back above 27 ,000 as we're pumping right when I hit the live button. We're currently above 27 ,100 up over 300 % today and we continue climbing. Welcome everyone in the live chat. I gracefully appreciate y 'all. Yeah, who knows? Maybe we'll hit 28 ,000 by the time today's live stream is over. Let's see. And make sure to let me know where you're tuning in from in that live chat as I'll be giving everyone a shout out towards the end of the show. And with that being shared, fam, now let's dive into today's market watch. As you can see here, every major crypto back in the green. Bitcoin above 27 G's. We got Ether up three and a half percent trading at $1 ,655 BNB, XRP, Cardano, you name it. And checking out coinmarketcap .com, we're currently sitting above $1 .07 trillion with about $26 billion in volume in the past 24 hours, Bitcoin dominance at 49 .1 % and even the Ether dominance on the rise today at 18 .5 % and checking out the top 100 crypto gainers of the past 24 hours, holy moly, compound up 20 % trading under 49 bucks, followed by Thor chain up 13 % trading at $1 .94, followed by Lido Dow up 8 % trading at $1 .59 and checking out the top 100 crypto gainers of the past week, massive gains, which we love to see, especially after a pretty bearish altcoin season to say the least. We got CompLead in the pack here as well up 20 % and Rune up 13 .4 % and RLB up 13 % and checking out the crypto greed and fear index, we're currently rated a 46 in fear yesterday at 44 last week, a 47 and last month, a 39 in fear. So there you have it, fam. How many of you are currently bullish on Bitcoin and how many of you took advantage of the recent dip? If so, let me know. It's good to see we pump in once again. So hopefully those positions are now in the green. Now let's break down today's Bitcoin technical analysis, check out the charts and why specifically the market is pumping right now. Here we go. Let's get it. Bitcoin hit new weekly highs after the September 28th Wall Street open as markets awaited fresh cues from the US Federal Reserve. And here you can see in the Bitcoin one hour Campbell chart, pretty freaking bullish to say the least. Data from Cointelegraph and TradingView showed Bitcoin price strength staging a comeback, having delivered what some referred to as a classic pump and dump 24 hours prior during the performance. Bitcoin hit a high of 26 .8, which appeared on Bitstamp as a result of 2 % daily gains before Bitcoin retraced all of its progress, then a slower grind higher than took hold with the bulls edging closer to 27 ,000, which we finally just recaptured here a few moments ago. Now GDP for quarter two grew by 1 .7 % year on year below the projected 2%, while the PCE index data for August came in in line with the expectations, quoting analyst Keith Allen, bring on the volatility. Now meanwhile, data from Binance's order book uploaded by Allen showed little by way of resistance standing in the way of the spot price under the 27 ,000 mark. So as you can see, just more bullishness for the king crypto, the macro data constituted just the prelude of the day's main event. Meanwhile, Jerome Powell, the chairman of the Federal Reserve due to the comment later on today, Powell, whose recent words failed to deliver noticeable volatility to the crypto markets was due to speak at the Fed's conversation with the chairman, a teacher town hall meeting event in Washington DC at 4 p .m. Eastern today. Now commenting on the state of play on Bitcoin markets, popular trader Dan crypto trades was a little more optimistic around the strength of the day's move compared to yesterday, September 27th, quoting him here back to yesterday's highs, but with considerably less open interests. No doubt there is longs chase in here, but it is less frothy than it was yesterday. Would still like to see longs chill out and not get to a full retrace later on. So there you have it. Let me know if you agree or disagree with the analysts. Meanwhile, quoting another analyst, right, capital Bitcoin is right back at the bull market support band cluster of moving averages, challenging to break out beyond them. Let's freaking go. Now, elsewhere in the day's analysis, he acknowledged that 29 ,000 could make a reappearance and still form a part of a broader come down for BTC. As he shares here, it's important to remember the Bitcoin could technically rally even as high as 29 ,000 to form a new lower high, which would be phase A and B. He explained alongside this chart. So there you have it. Let me know if you are currently more bullish or bearish on the King crypto and quoting the high priest of Bitcoin, Max Kaiser, Bitcoin is the North star guiding to the only safe haven asset in the world that protects against inflation confiscation and censorship preach. Now welcome to y 'all just joining us in today's podcast. As always, I appreciate everyone's daily support and means the world. And now let's discuss our next story of the day as Bitcoin continues to pump, shall we? We're going to be discussing the Ethereum futures ETFs, which can get approval. They say potentially as early as next week. So let's break this one down, shall we? Ether futures ETFs could start trading for the first time in the United States as early as next week. According to top Bloomberg analysts on September 28th, which is today, Bloomberg intelligence analyst, James Safart said in an ex post, it was looking like the sec is going to let a bunch of Ethereum futures ETFs go next week. Potentially. His comments were in response to fellow ETF analyst, Eric Balchunes, who said he was hearing that the U S SCC wanted to accelerate the launch of Ethereum future ETFs quitting him here. They want it off their plate before the shutdown, he said, adding that he's heard various filers updates on their documents by Friday afternoon so they can start trading as early as Tuesday next week. As outlined here on X. Now the U S S government's expected to shut down at 1201 a .m. Eastern on October 1st. If Congress fails to agree on or provide funding for the new fiscal year, which is expected to impact the country's financial regulators amongst federal agencies. Now neither specified their sources for the latest update on the long list of crypto ETFs in the queue. There are currently 15 ether futures ETFs from nine issuers currently awaiting approval. According to the analysts in a September 27th note, which is yesterday, companies proposing an Ethereum futures or hybrid ETF product include VanEck pro shares, grayscale volatility shares bitwise direction, as well as round Hill. The analysts gave ether future ETFs a 90 % chance of launching in October with Valkyrie's ether exposure on October 3rd, quoting them here. We expect pure Ethereum futures ETFs to start trading the following week, thanks to volatility shares actions. However, we don't expect all of them to launch. So do note that now as previously reported that ether futures ETFs may be approved in October causing the 11 % spike in ether prices and probably why the Ethereum dominance is up as it's been stagnant and down for quite some time. Ether prices are on the gain, currently just under $1 ,700 and we'll see how high we continue to pump, but do note crypto future products aren't as hotly as anticipated as their spot based alternatives. There are already been Bitcoin futures ETFs approved in the United States since 2021, which is a fact, which leads us to the million dollar question. Why have they approved a futures ETFs, but continue to deny and delay all the spot ETFs? We're going to be getting to that a little later as I share with you the highlights from Congress pressing the chairman of the SEC, Gary Gensler. It's going to get very interesting here in a little bit, but now let's dive a little deeper and discuss specifically the spot Bitcoin ETFs and what is happening and why they're being pushed back and the latest updates of where we're currently at. So here we go and welcome y 'all just tuning in. Make sure to smash that like fam. The US SEC has delayed deciding whether to approve or disapprove spot Ether ETFs. And like I said, we're going to be getting in October potentially get some approvals, but in separate notices filed September 27th, the SEC said it would designate a longer period on whether to approve or disapprove these proposed changes. The commission finds it inappropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised there within. The delay came the same day as the NASDAQ market filed the proposed rule change with the SEC for listing its mix ETH basically ETF, a combination of Ether holdings and futures contracts and also proposed rule changes with the New York Stock Exchange, ARCA for the Grayscale Ethereum Futures Trust, hashtag Bitcoin Futures ETF and the CBOE BXE exchange for the Franklin Bitcoin ETF were all filed. September 27th, that's right. If you're not familiar with Franklin Templeton, there are one and a half trillion dollar asset manager. They're also applying for an ETF. Now the SEC announced September 26th, it would designate a longer period to decide on these spot ETF applications. And as James Safart shares here, here's VanEx delay as expected. So another one, I mean, exactly what we were expecting from the SEC. Now in August, ARK investment manager, founder and CEO Kathy Wood speculated that should the SEC move forward with the spot ETF approvals, it would allow multiple listings simultaneously to avoid giving any single company an advantage over another in the market. Her remarks came before Grayscale Investments won a court battle with the SEC over its spot Bitcoin ETF app, which will likely be reviewed in which they're trying to turn their GBTC product into a spot ETF. So hopefully it happens. To date, the SEC has never approved the spot crypto ETF in the United States, but has allowed the listing of crypto linked futures ETFs and a leveraged Bitcoin futures ETF. Manipulation, fam. The next deadlines for the spot crypto ETF apps from firms, which include the largest asset manager in the world, BlackRock, Wisdom Tree, Invesco, Galaxy, Valkyrie, Bitwise and Fidelity are all scheduled for October. So we'll see how this is likely to play out considering October is now only three days away. Are we going to get some ETF approvals by then? Who knows? I think more than likely they're going to push it back again. However, Congress right now is pressing Gary Gensler to approve a spot Bitcoin ETF and ETPs immediately. So now let's break this down. If you missed Gensler, he was pressed by Congress just yesterday. And I know it's on everyone's mind. So let's break down some of the highlights from this recent hearing with Congress and the chairman of the SEC, Gary Gensler. Let's break it down, shall we? Here we go. Blame for kneecapping capital markets in the U .S. and slam for dodging questions around Bitcoin and Pokemon cards. SEC chair Gensler appears to have had one hell of a grilling from Congress this week. September 27th, the U .S. SEC chief again found himself in front of lawmakers in a scheduled hearing to discuss his agency's oversight of the markets. Here are some of the highlights. First and foremost, you are the Tonya Harding of security regulations. We should create a Gary Gensler diss track, right? One of the more colorful analogies came from U .S. Representative Andy Barr, who accused Gensler of kneecapping the U .S. capital markets with regulatory red tape. Barr referred to the old testimony from Gensler where Gensler argued that the U .S. is the largest, most sophisticated and innovative capital market in the world and that shouldn't have been taken for granted as even gold medalists must keep training. With all due respect, Mr. Chairman, if the U .S. capital markets are gold medalists, you are the Tonya Harding of securities regulations. Ouch. You are kneecapping the U .S. capital markets with an avalanche of red tape coming out of your commission. Preach. Barr is presumably referring to a scandal where U .S. ice skater Tonya Harding, I'm sure you all remember the story, I was a kid when this happened, and an assailant to attack her rival Nancy Kerrigan in the lead up to the 94 U .S. Figure Skating Championships and Winter Olympics. Kerrigan ended up not competing in the U .S. Championships and here is John Dickens who shared it here. Mr. Barr to Gensler, it's hilarious, you gotta watch these clips for yourself if you haven't seen them. So the next highlight, I wish the Biden administration would say, you are fired. That's right, shout out to Warren Davidson who also ripped into Gensler saying he hoped that the Biden administration would fire him. Powerful words. Davidson accused Gensler of pushing a woke political and social agenda and abusing his role as the SEC chairman. Preach. Massive shout out to the senators here doing their job. Damn good job. The U .S. Representative added that he hopes that the SEC Stabilization Act he introduced with fellow representative Tom Emmer could make it happen. Quoting him here, you're making the case for this bill, which is the SEC Stabilization Act. Every day you're acting as a chairman, he concluded, and Gensler wasn't even given a chance to respond. Now next highlight, Gensler reiterates Bitcoin isn't a security. That's right. When asked by U .S. House Committee Financial Services Chair Patrick McHenry whether Bitcoin is a security, Gensler eventually relented stating the Bitcoin didn't meet the Howie test. Quoting him here, it does not meet the Howie test, which is the law of the land. Then McHenry suggested Bitcoin must be a commodity, which Gensler avoided answering. Mr. No Clarity Gary, hence how he got the nickname, saying the test for that is outside the scope of U .S. security laws. Mr. Gensler, we're living in a clown world with this guy. Henry also suggested that Gensler try to choke off the digital asset ecosystem facts and refuse to be transparent with Congress about the SEC's connections with the FTX and former CEO SBF facts. Gensler also wasn't given the chance to respond to the claims made by McHenry. Next highlight, are Pokemon trading card securities? Gensler says it depends. Can't make this stuff up. Quoting Representative Richie Torres, I cross -examine SEC Chair Gensler about the term investment contract, which is key to determining his authority over crypto. Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are defeating and damning. Suppose I was to purchase Pokemon card. Would you constitute a security for this transaction? Gensler responded, well, I don't know the context before eventually concluding it isn't a security if you purchased it in a store. And then Torres asked if I were to purchase a tokenized Pokemon card on a digital exchange via the blockchain. Is that then a transaction? And then Mr. No Clarity Gary said, I'd have to know more because I don't know anything. Yeah, you can't make this stuff up. Gensler then explained to it when it's investing the public can anticipate profits based upon the efforts of others. Then the core of the Howie test, which it is, Torres called Gensler's evasions as damning to say the least. And the next highlight, a sign of defiance. Meanwhile, amongst the back and forth cross examinations between Gensler and representatives, the eagle eyed observers noticed a Coinbase stand with crypto logo behind the SEC chairman. Isn't that interesting? The Coinbase led initiative is a 14 month long campaign that launched back in August aiming to push crypto legislation in the United States. Coinbase also ran a stand with crypto day, which took place in Washington, D .C. September 27th to advocate for better cryptocurrency innovation and policy. So again, shout out to Warren Davidson, Tom Emmer, all the senators for holding Gary Gensler accountable. Hopefully they do something about it. What's your thoughts, fam? Do you think Gary is likely to listen to them and follow their instructions and approve a Bitcoin ETF immediately? Or do you think he'll continue kicking the can down the road as long as possible until he leaves his position as the chairman of the SEC? Let me know your honest thoughts in the comments right down below. Now let's break down the latest prediction coming from crypto analyst Michael Vanay Pop for some price actions for Bitcoin for the fourth quarter, which we are currently in for 2023. Then we'll break down the latest from the Winklevoss twins and their five hundred thousand dollar Bitcoin price action as the price action of Bitcoin continues to pump, baby. Let's go. Here we go. Let's break this baby down. Crypto trader Michael Vanay Pop is expressing bullish sentiment on Bitcoin in the coming months. Despite the recent struggles in a new video, he says that Bitcoin is on the cusp of reaching levels that offer accumulation opportunities per inch. According to the analyst, the trader Bitcoin could subsequently start an uptrend. Ultimately, Bitcoin is into an area of consolidation here, which makes it very likely we're going to have to retest here at twenty five, six and twenty five eight. If we are having a recess in that region, then there is this zone where I want to start buying my entries because of the recess, which is the ultimate recess. And if we're not going to get that, the flip to twenty six thousand five hundred, that is going to be the area where I think I want to activate my positions as well. And then we can start targeting twenty eight thousand. And then we can also start targeting the higher numbers, thirty thousand dollars plus or even more in the projection of quarter four. That is going to be very positive overall. Let me know if you agree that we'll have an overall positive quarter as we about to enter October. Let's go. Vanay Pop also says Bitcoin's current price action is similar to what was witnessed in the prior pre halving year, quitting him again. As long as we stay above the 200 week exponential moving average, we most likely are going to continue to the upside. And it starts to be very comparable to the period that we witnessed in 2015 and 2016. In this case, we needed it, but we started to consolidate and start to trend up afterwards. It is very likely to this period to slowly but surely the price starts to crawl up. And then we are going to have a case of the upside in the markets overall. And to watch this video analysis, the analyst did check the show notes below the video in the description. It's entitled Bitcoin price. I am looking to buy. So there you have it. And let me know if you agree or disagree with the analysts and are you currently bullish on the King crypto or do you think we're going to dip and test the lower levels? Let me know your honest thoughts, fam. And now let's break down our next story of the day. And the Winklevoss twins on the spot, Bitcoin ETF continuously being basically denied and kicked back and pushed back for the past decade. And then we're going to dive into their half a million dollar Bitcoin price prediction and why they're so confident that the Bitcoin price is going to hit their big target. So here we go. Let's discuss them with the SEC first. This was a story which was, let's see when their tweet was actually, let's scroll down. This is Cameron Winklevoss. This was actually on July 1st, it got 1 .1 million views. Now let me read the tweet. Today marks 10 years since Tyler and I filed for the first spot Bitcoin ETF. That's right. Over a decade ago, the SEC governor's refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why. They protected investors from the best performing asset of the last decade. They pushed investors into toxic products like the Grayscale Bitcoin Trust, GBTC, which trades at a massive discount to NAV and charges astronomical fees. They pushed spot Bitcoin activity offshore to unlicensed and unregulated venues. They pushed investors into the arms of FTX, subjecting them to one of the largest financial frauds in modern history. Preach. Maybe the SEC will reflect on its dismal record and instead of overstepping a statutory power and trying to act like a gatekeeper of economic life, it'll focus on fulfilling its mandate of investor protection, fostering fair and orderly markets and facilitating capital formation. This would have led to much better outcomes for US investors. Preach. In the meantime, best of luck to all those fighting the good fight to bring the US spot Bitcoin ETFs to life onwards. So much respect. I mean, 10 years of denying this ETF. I mean, you can't make this stuff up. I think they shared perfectly some of the reasoning. It's to hurt the investors and keep you poor and keep you wrecked and keep you desolate and dependent upon a broken government that threw us overboard so frickin long ago. So much respect to the Winklevoss twins. If you didn't know, they're the owners of the Gemini exchange and they were the very first ever to submit the spot Bitcoin ETF app to the SEC over a decade ago. And obviously they're sick and tired of Gary Gensler, his no clarity and his shenanigans. Just like the rest of us, it's time to fire Gensler. If you think Gensler should be investigated and potentially fired, let me know in the comments right down below and I'll be reading your comments out loud here in a little bit. Now for our breaking story of the day, let's discuss the Winklevoss twins and their case for a $500 ,000 Bitcoin price, which they believe is coming soon. So let's break this down, shall we? And welcome to y 'all just joining us in the live chat. Much love and much respect. So here we go. Winklevoss twins' prediction, Bitcoin will soon hit $500 ,000 per coin. And why? And again, shout out to Tyler and Cameron. Let's get, we already know their background, early Bitcoin investors, OGs, early investors as well with Facebook. Some claim that they're the real creators of Facebook and Zuckerberg stole it. But nonetheless, in a recent interview with the National News, the twins explained they remain convinced of the future of crypto. The main reason is the revolutionary and technical properties as well as the potential of Bitcoin to act as a store of value similar to gold. And in addition, crypto has many other advantages, mainly through programmability. Hence, the Winklevoss brothers believe that Bitcoin could even replace the precious metal. In the long term, Tyler Winklevoss shared the following. If you look at the properties that make gold valuable, Bitcoin matches each attribute or does better. The gold disruption story of Bitcoin is super powerful. We believe in it. Tyler Winklevoss explained his reasoning for the $500 ,000 Bitcoin price action, quitting him here. If you do the math, 21 million in the supply of Bitcoin, the market cap of gold, let's say it's 10 trillion, maybe it's 11 trillion, somewhere in that ballpark, that puts one Bitcoin if it disrupts gold and gets that market cap at $500 ,000 per coin. The two brothers did not want to give specific investment tips. However, Cameron reveals the strategy that they use, which is generally the simplest, which is simply HODL. Hold on for dear life, quitting him here. Generally speaking, if you subscribe to Bitcoin being a store of value type investment, then that strategy is HODL. The same way you would HODL gold is you buy and HODL long term investments. So according to the Winklevoss twins predicting the Bitcoin price will hit $500 ,000, they say predictions are difficult, but they believe that Bitcoin will hit the milestone within a decade. And when they were more recently interviewed and asked, where do you see Bitcoin in five years time? Here's what Cameron Winklevoss responded. We usually take a decade view on it. When we wrote a piece on the value that predicted it being $500 ,000 Bitcoin, we said within the decade. And I believe they wrote that in 2020. So they're basically saying by the year 2030, they're anticipating a $500 ,000 plus Bitcoin price with Bitcoin overtaking that of gold as far as the market cap. Now is that in three years from now or nine years? The timing part is hard, but I think the Bitcoin created $1 trillion worth of value in under a decade. That is fact. I believe back in November of 2021, Bitcoin's market cap surpassed a trillion dollar milestone and the total crypto market cap surpassed $3 trillion. But as of today, we're closer to a $500 billion Bitcoin market cap with the entire crypto market cap down to a trillion. Now, it also spawned many huge productions such as Ethereum and the entire asset class. He continues. If you look at the value increases in Bitcoin, it is this punctuated equilibrium where it is steady, steady, steady, and then boom, it reaches a new price level. This is the new normal. So it can happen very quickly. So there you have it, fam. Ultimately saying when Bitcoin takes off, it explodes quick and vast. And especially considering that two of the most bullish catalysts in Bitcoin history were on the cusp of. Six months away from a Bitcoin halving, we all know the Bitcoin cycles every four years, it drives the Bitcoin price up as it increases the scarcity as well as increase demand, basic stock to flow, numbers must go up. And we also have the approval of a Bitcoin ETF likely to take place in 2024, especially with Congress on Gensler's. But we also have the ETF experts such as Eric Balchunes given a 95 % chance probability that a spot Bitcoin ETF likely get approved in 2024. Those two catalysts will absolutely make Bitcoin rip to new all time highs entering price discovery mode like we have never seen before. So how high do you think the Bitcoin price will likely climb by the time of this next halving? Roughly six months out, scheduled to take place sometime in April of next year. Let me know your thoughts in the comments right down below. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
A highlight from Monetizing Wasted Energy + Bitcoin Mining with Giga Energy - September 28th, 2023
"Hello, and welcome to the Cafe Bitcoin Podcast brought to you by Swan Bitcoin, the best way to buy and learn about Bitcoin. I'm your host, Alex Danson, and we're excited to announce that we're bringing the Cafe Bitcoin Conversations Twitter Spaces to you on this show, the Cafe Bitcoin Podcast, Monday through Friday every week. Join us as we speak to guests like Michael Saylor, Len Alden, Corey Clifston, Greg Foss, Tomer Strohle, and many others in the Bitcoin space. Also, be sure to hit that subscribe button. Make sure you get notifications when we launch a new episode. You can join us live on Twitter Spaces Monday through Friday, starting at 7 a .m. Pacific and 10 a .m. Eastern every morning to become part of the conversation yourself. Thanks again. We look forward to bringing you the best Bitcoin content daily here on the Cafe Bitcoin Podcast. All right, all right. Good morning to all of you Cafe Bitcoiners. Good morning, Don Bay. Morning, Peter. Morning, Terrence. Welcome back, Tomer Strohle. How are you? Morning to Jacob. Hey, good morning. Took me a second to get the mic off, slow reflexes, got to exercise and back up. What did I miss? I really tried to tune out for like a solid 12 days. Absolutely nothing, Tomer. The price didn't change. And I guess no ETFs were approved and no charges were laid against anybody. And so it's just picked a good two week window to take a vacation, I suppose. Yeah, it's been much sideways crabbing. And, you know, everything that goes along with sideways crabbing. So I've been actually trying to tune out too. Like when I'm not doing the show, I try not to look at Twitter at all. So like my Twitter time is basically doing Cafe Bitcoin now. Well, and like prior to. Prior to Cafe Bitcoin, we also do show prep, which kind of gets me caught up, I hope, a little bit. Yeah, I wish there was an easier way to curate Twitter from all the truly psychotic stuff that's on it, because when I was away, I noticed myself relaxing. And then you come back to Twitter and every tweet seems to be. Some deeply concerning insinuation about something or other. So it just it's really it's really tough to take the constant barrage of the Twitter zeitgeist, which is it may be accurate in many regards, but it's also very impactful on your mental health. Yeah, your mental, spiritual health, emotional health, all that stuff. I wonder, like how much of it is actually encouraged, exacerbated, incentivized by the algorithms and social media? Like if you go and you watch certain interviews with like Ph .D. behavioral scientists who have done interviews with like one of the one I'm thinking of was. I think it was the chief engineer of Facebook who designed the algorithm and they literally said that we tune this thing to show people things that are going to make them upset. And the reason why is this has the highest level of stickiness, meaning like it gets the eyeballs looking at it, it gets people staying on, it holds people's attention. And we're living in the attention economy. Whoever is able to keep people's attention longest wins, so to speak. And it's essentially like constantly feeding people really dysfunctional stuff. It's like Jerry Springer 24 -7. Yeah, there's a couple of really good TED talks about this. And it's interesting now that AI is in the zeitgeist, everybody is focusing on AI, but AI algorithms, not ones that were writing perfectly grammatically correct English text for you or drawing images, but selecting what content to put in front of you have been around for a long time. And this is like the YouTube algorithm, the Facebook algorithm and the Twitter algorithm. And what's interesting about these TED talks that discuss this issue is they point out how you simply optimize for engagement. You tell the AI algorithm, learn what maximizes engagement and put that in front of people to continue to maximize engagement. The AI has no actual understanding of what content is in there, but what emerges is it is exactly, as you said, content that is radicalizing, emotionally aggravating, terrifying. If you're in terror, you keep coming back to the thing to see, is my terror justified? Has the next domino fallen in this disaster scenario that I'm coming? If everything's hunky dory, you don't have to go back and check. But if you're constantly in a state of fear, you are. And that's what ends up being game theoretically or algorithmically what these things put in front of people. So there's one really good scientist who says, you know, if you start to look at vegetarian dishes, it will turn you into a radical vegan by doing these things. Or if you start to look at meat dishes, it'll turn you into a radical carnivore. But it'll just continue to radicalize the content by finding something that's more extreme until it gets to the most extreme thing that it can to keep you on there. And I think that, and again, the AI algorithm isn't conscious. It doesn't know what's going on. It just knows what works and what works happens to be the stuff that is filling and fueling you with terror. And I don't think that there's a solution for that right now. The best solution is some solution that where your attention isn't the business model of the of the entity you're interacting with because you're dealing with something that has artificial and no sense of morality and no sense of understanding even what it means to suffer as a human being to be a human being. So it just does its thing. It's just a machine that does its thing. And the second that you engage with it, you're participating in something that doesn't understand anything about you other than it understands its world, that it's trying to maximize its engagement with these entities on the other end of it. Yeah, and I think we need to ask the question, like, what are the second and third order effects on human culture from this? Like, if you think about it, people are constantly staring at their phones like they're just sucked into them and they're being essentially programmed all day every day. The question is, with what? And, you know, you're starting to see this shift in the in the culture. Like I call, you know, I've talked about this kind of stuff a lot, probably to the point where many people are tired of me talking about it maybe. But like cluster B personality disorder type stuff is it's becoming super common. The behaviors are starting to become super common. Like you at least that's what you see all the time on social media. Like how many people are actually out there that are like this? I don't know what the percentage of the population is, but it seems like that's all you see on social media anymore is these cluster B disordered behaviors. And it's it's really mind blowing. And I wonder, can you take a normal person and expose them to those behaviors? Because that's what's getting the engagement. That's what they're being fed. That's what they're being programmed with. You take a normal person, expose them to those behaviors continuously over and over and over again. Will it turn somebody into somebody who behaves like that? I don't know, man. It's pretty freaky thing to me. And it concerns me a lot because you're starting to see the rise of this.
A highlight from MARKETS DAILY: Crypto Update | SEC Chair Faces Harsh Questions as Ether Spot ETF Proposals Hit Delays
"This episode of Markets Daily is sponsored by Kraken. It's Thursday, September 28th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Crypto's Macro Noun newsletter on Substack. On today's show, we're talking about Ether ETFs, SEC confusion, and more. So you don't miss an episode. Be sure to follow the podcast on your platform of choice. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Well, Bitcoin has been busy over the past 24 hours. After that nice run -up yesterday that I thought was a sign of strong investor support, the Bitcoin price rapidly fell back down again. It has been climbing since, however. At 10 a .m. Eastern time, it was more or less flat, trading at $26 ,532. Depending on what happens over the next couple of days, Bitcoin could break the trend of negative performance in September. The ninth month is typically a weak one for crypto's leading asset, delivering negative returns over the past six Septembers. Bitcoin's average performance for the month is almost negative 5%. As of this morning, however, the asset price is up more than 2 % month to date. That kind of a break in the trend would be welcome news. In Ether, interesting things are happening. Like Bitcoin, it climbed yesterday and then fell back, only to start climbing again, but with a more consistent slope, suggesting a steadier over the past 24 hours. Relative to Bitcoin, Ether has notably outperformed over the past week, climbing two tenths of a percent versus Bitcoin's drop of 2 .3%. This could be due to the likely listing next week of the first Ether futures ETFs, which could boost demand and market volume. I'll talk more about this in a moment. In traditional markets, US stocks closed more less flat yesterday, rising in the second half to recover early losses. Over the past 10 days, the S &P 500 is down more than 4 .3%, the steepest 10 -day drop since March. You may remember that March was banking stress month. Investors are rattled by the surge in 10 -year Treasury yields, which yesterday rose above 4 .6 % for the first time since October 2007. The rising rates are investors for three main reasons. One, there's the patterns last seen just before the great financial crisis of 2007 -2008. Two, there's also the impact on company earnings. An article in the Financial Times this morning pointed out that interest expenses for the S &P 600 small cap index hit a record high in the latest batch of second quarter earnings. And 30 % of companies in the S &P 500 are now trading at a higher rate. Reason three, there's the message the market is sending. This is that it expects rates to remain higher for longer. This is likely to keep the dollar strong and inflict more pain on global markets. In Europe, stock indices have been taking a breather from their recent drops, with most showing moderate gains so far today. Over the past month, however, the Euro Stoxx 50, which tracks Eurozone blue chips, is down over 4 .3%. An index of Eurozone economic sentiment released this morning showed a fifth consecutive monthly drop in September. Inflation expectations rose. In commodities, oil prices continued their climb in the face of fears of supply shortages. The Brent crude benchmark rose above $96 per barrel for the first time this year this morning and is now almost 6 .5 % above its level a year ago. However, the market is signalling that this could abate soon. The prices of futures contracts six months out is lower. This suggests a scramble for spot delivery. In other words, oil now and not later. This has been most likely triggered by reports of reserve drawdowns in the US and the need in many areas to build up stocks as winter approaches. Moving over to gold, after a brief attempt at a recovery earlier today, gold slumped back to its support at $1 ,874 per ounce. Like Bitcoin, gold is holding up surprisingly well given the strength of the dollar and of real yields, which are yields adjusted for inflation. Gold normally moves inversely to real yields. When these are high, gold is less attractive as it doesn't produce an income. As measured by the 10 -year Treasury inflation -protected securities, real yields are at their highest since 2009. The last time they were at these levels, gold was roughly half the price it is today. One key macro data point to watch out for is the US Personal Consumption Expenditures Index, or the PCE. This is the Federal Reserve's preferred inflation gauge as it measures goods and services bought by all US households and non -profits, while the CPI only measures purchases by urban households. Tomorrow morning Eastern Time, we get the latest data for August expected to show an uptick. This will largely be due to higher energy prices. Stripping out higher energy and food prices gives us the core PCE index growth, which is what the Fed focuses on. This is forecast to show a continued downtrend. Remember, though, that August's core CPI grew by slightly more month -on -month than expected, so there may be a negative surprise tomorrow as well. This will be relevant for interest rate expectations. Stubborn inflation means that rates will remain, and you've heard this before, higher for longer. Stay tuned, after the break we'll take a look at more SEC frustration and at the likely listing of Ether futures ETFs.
Dan Bongino: Did Last Night's Debate Do Anything to Change Your Mind?
"The answer is i'm not sure i don't think so i'll ask you quickly if you watch this and what was the moment to you where you were like that's it that changed my mind okay i feel the same way you don't know because it really wasn't one you've got to remember this about i politics ran for office i lost everything why do you always tell us that because it's important i am who i am and you're listening to me on the radio as i am today because of the experiences i had in policing as a federal agent as a business owner as a candidate i am who i am because of that cornucopia of experiences in this basket that made me who i am losing running for office taught me so much about who's really pulling the strings in people sell out and i learned a lot and one of the things i learned is the the only real narrative political storyline that changes anything in an election is one that changes your pre -existing notion of who a candidate is did anything do that last night you for i'll give you an example and i'm not trying to insult any candidate please if you think tim scott is a soft conservative which is a criticism in a legitimate one by a lot of people tim scott filibustered has some really good conservative judges i'm just i'm i don't mean to single him out just jump to my mind if the reason you won't vote for tim scott is that what happened last
A highlight from The Biggest Bitcoin Selling Event Of 2023! (BEWARE)
"But a few urgent pressing situations that we have to deal with quite urgently. I think the first situation that we have to deal with is, hold on a second, James, it won't let me share screen so you could share the screen. So the first situation that we have to deal with is we have to deal with the looming US government shutdown because now the odds of a government shutdown are 90 % and if we do get a government shutdown, Goldman Sachs actually says that this shutdown could last as long as two to three weeks. I think we actually for now need to start preparing for this US government shutdown. The next thing that we have to start preparing for is a massive seller in the market. So this is not a joke. We do have a seller in the market. This seller owns 10 % of all the Bitcoin in circulation and 1 .8 million Bitcoin and they are going to start selling. In fact, what you can see from this chart over here is that they have already started selling a whole lot of their Bitcoin. So we're going to be talking about the seller when they're going to hit the market and why that's going to impact the Bitcoin price and how much that's going to impact the Bitcoin price. Then what we need to talk about is we need to talk about this little price move that we had yesterday in Bitcoin and what it actually means because we seem to be in a position where every time that we get a pump, we get the pump, but then the pump dies and that's exactly what happened yesterday. So we could understand what actually happened yesterday. What took us to 26 ,800 and brought us back down and is this thing going to continue to bring us down every single time we have a pump. Then I want to go through a knock -by -knock account of how Gary Gensler was taken down in Congress yesterday. Regarding your interactions with FTX and Sandbank and Freed, that's the investigation we started last Congress. Finally, your lack of responsiveness to this committee's legitimate oversight continues to be unacceptable. And I want to finish here. In February, the committee made multiple requests for documents to the Securities Exchange Commission. This is normal congressional oversight. Yet seven months later, the committee has not received a single non -public document that was not part of a FOIA production. As I said, our patience is wearing thin. The SEC is not above the law, nor is it unique. Other financial regulators have routinely complied with congressional oversight. So let me be clear. I do not want to be the first chairman of this committee to issue a subpoena to the Securities Exchange Commission. And you should not want to be the first SEC chair to receive a congressional subpoena. Either we find a path forward where the SEC recognizes Congress as a co -equal branch of government and is responsive to our oversight duties, or my option is to issue a subpoena. All right, so we're going to go for a blow -by -blow account of exactly what happened yesterday. Gary Gensler was absolutely, absolutely, absolutely destroyed in Congress. And then, and then, and then, I've got a massive, massive story for you, but I'm going to keep that story until the very end of the show. So let's go, guys. Big show. All right, we are back and we've got a massive, massive, massive show for you guys today. And I think the best part of the show today is going to be the show, the part where we discuss how Gary Gensler was annihilated yesterday in Congress, because this guy yesterday was absolutely, absolutely, absolutely annihilated. It's actually not, that's actually not Gary Gensler, believe it or not. So this is actually a true story. Gary Gensler has an identical twin brother. His name is Robert Gensler. I thought that this was an absolute joke, but I actually looked it up and it's true. Gary Gensler does have an identical twin brother. His name is Robert Gensler. No, no jokes. Anyway, Gary was the one that was destroyed yesterday in Congress. It wasn't, it wasn't, it wasn't Robert. It was actually Gary. But crazy, crazy, crazy, crazy that we actually see these things. All right, listen, welcome back, guys. Huge show today. I want to just thank you all. I see we're very, very, very, very, very close to 650 ,000 subscribers. We are 9, 10 subscribers away from 650 ,000 subscribers. When we get to 650 ,000 subscribers, our next move is to catch up to George from Crypto's Ice, because he's like our next target. We've got him in our sights. He was 100 ,000 subscribers ahead of us before the beginning, in the beginning of the year. What is your now? 17 ,000? 17 ,000 in the banter fam, the banter fam are definitely going. We're going to go after him now. He's our next target. We're going to try and catch up to him. All right, let's go. We've got a big show today. If you haven't subscribed, subscribe to channel, like this content. If we get to what is the number of likes we had yesterday? 1 ,500. If you get to 1 ,600 likes, I'm going to show you the biggest Bitcoin seller in the market. I'm going to show you why this seller is actually going to be selling. I'm going to, we're going to decide together whether or not we should be panicking about this seller selling. And it's a serious seller. The seller has 18, 1 .8 million Bitcoin, which is 10 % of the circulating supply on Bitcoin and they are going to be selling. So yeah, if we get to 1 ,500 likes and we beat yesterday, then we're going to get into that story. In the interim though, let's look at the bubbles. Let's see what's happening on the bubbles. So I see Rune is up. Let's just see how Rune is doing. Rune up at 187. I'm actually, I actually have got quite a big Rune position. I see Rollbit at 12 cents. You would be 20 % up if you actually took our trade. You got Ape moving. Remember that you got the whole banter newsroom here on the side. So everything that we, all the places where we get our news from are actually available to you right here. And if you want to follow any of our researchers, there's 44 of them. You can just click and you can just follow them directly from the newsroom. We're also improving banter bubbles. I reckon in about a month, it's going to be the fastest bubble app in the whole market. I'm also watching the Dixie and I think the reason why we should be watching the Dixie today is because we had the GDP numbers. The numbers GDP came in at 2 .1%. They expected was 2 .1%. So nothing, no surprises when it comes to GDP. And I think that when we talk about, when we talk about GDP, we need to talk about it in context of the looming government shutdown because we've got this, this looming government shutdown. It's a real thing now, you know, we were first saying that the shutdown wouldn't happen. But now Goldman Sachs is saying, look, if the White House don't resolve their differences by the end of tomorrow, that would make it the end of Friday. And by Sunday, they would have a government shutdown. Now, that would be, I think, the fourth government shutdown in the last decade. And it would be, it would have a whole lot of effects. I think what we need to do today is actually just look at the effects of a government shutdown. And, you know, do we need to prepare for it? Like, do we need to start stocking up on toilet paper, like we did in COVID? Do we need to start stocking up on food, on rice and oil? We need to, we need to make sure that we understand exactly what's happening. But before we get there, I want to talk about yesterday's little Bitcoin pump. So we had the pump yesterday and then we had a little bit of a dump and it keeps happening every single time. We keep losing momentum. Now, I think the pump is probably expected and I do think we're going to start getting a whole lot more pumps. And I'll tell you why I think we're going to start getting a whole lot more pumps because there is more money coming into the Chinese economy. So remember that China's in big trouble now and the way they're going to get themselves out of trouble is they're going to start stimulating the economy and getting more money into the economy. Well, you can see that liquidity in China is starting to go up because of all these things that China is doing. So I am expecting the price of Bitcoin to start moving upwards because of this liquidity.
A highlight from The Mike and Mark Davis Daily Chat - 09/28/23
"Stay tuned for a free health tip brought to you by Peloton. Whether you're doing a dance to your favorite artist in the office parking lot or being guided into warrior one in the break room before your shift. Whether you're running on your Peloton tread at your mom's house while she watches the baby or counting your breaths on the subway. Peloton is for all of us wherever we are whenever we need it. Download the free Peloton app today. Peloton app available through free tier or paid subscription starting at $12 .99 per month. Embrace the power of daily walks for improved health and well -being. Walking is a simple yet effective form of exercise that offers a wide range of health benefits. Whether you stroll through the park, walk around your neighborhood or take a brisk walk during your lunch break. There are a lot of health benefits to getting in your daily walks. Next time you may be craving that afternoon cup of coffee, try a Peloton walk outside to go grab your coffee. The Peloton app offers structured walking experiences regardless of your environment. So get out and enjoy that fresh air with the help of Peloton. Birthday 85 years old today. So a little stand by me. It was a joy. First of all, you did great. I was just saying the news channel product last night was fun and it was great to hook up from the house and just join you in the immediate aftermath. We've slept on it now. Do you feel any differently? I may resent it even more now than I did last night. What a colossal waste of time. Not for Donald Trump. The winner was Donald Trump. That's just it. I mean, and you said it earlier. He's he's a genius once again in his decision to stay away. And I've been thinking a lot about DeSantis's decision to go after Trump on this issue. I would think, you know, Governor DeSantis, if he has any chance at all, has to win over Trump supporters. Correct. How do you win over Trump supporters by trashing the guy who made the brilliant decision to stay away from that train wreck last night? And it was a train wreck. How many times in your career, Mark, have you decided to do something that you just wish like heck you could take back? I mean, I don't know. Maybe. Oh, I could. I could just start with Monday. You know, I mean, if you're Dana Perino, you're going to spend the rest of your career asking yourself, why did I think the survivor question was going to go over? Well, so stupid. So stupid. And that couldn't have been couldn't have been her. That's got to be some staffer, even some executive or some consultant who said, hey, let's lighten the mood or do something kind of fun. And sometimes I'm actually OK with the moment that sort of humanizes them. I mean, like in a one on one debate or maybe when there's just two or three people left or to say, look, you guys are up there to sort of knock each other around. Tell me one really good, praiseworthy thing about each other, you know, about you, about your opponent. And that's kind of neat. And it sort of cuts. But this was so unbelievably stupid. And and there were a lot of cringe moments. I mean, poor Mike Pence. I've slept with the school teacher for 38 years. And everybody kind of groaned. And Chris Christie, oh, you're not Donald Trump. You're Donald Duck. Somebody wrote that for him and he thought it would go well. Or maybe it was his. Once again, I don't know whose idea it was, but it was terrible. And let's go back to programing decisions. The Univision lady, are you serious? I want to be as careful as I've ever been for anything. Univision, God bless them. Great. Univision, whatever Hispanic news media. Great. And I bet she's great on it. I bet she's wonderful.
A highlight from How To Turn Your STRESS Into SUCCESS! (Part 2)
"Welcome to Real Estate Coaching Radio, starring award -winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. Welcome back. This is day two. We're talking about how to turn your stress into success. And as you've learned, hopefully from yesterday, a lot of this has to do with your making the decision to actually get in control of all the head junk that's floating around in your head. If you didn't listen to yesterday's podcast, please do go back and listen to the podcast again, especially with regards to the brain dump. Indeed. That's such a great technique. You guys should all do it virtually every day. You're going to feel a lot better. So we're going to start with point number five because we did one through four yesterday. What to keep and what to let go of when you're getting back into control, how to turn your stress into success. Let me relabel this one and then we can read specifics. So one of the things again that we've been advocates of for decades are, it's called basically having media free life. And you can start out by having a media free morning, but really at the end of the day, you should do everything in your power to purge from your mind anything that's going to have an adversarial influence on your mindset. And a lot of that's going to come from the things that you choose to passively allow into your head. Now, it's interesting. When Julie and I originally started talking about having a media free life, let alone media free morning, people would take offense to it because they thought it was almost like their, I don't even know what their obligation to watch the news kind of like they had to watch it every day. It was almost like brushing their teeth. And people really would struggle with the idea of not ever consuming any media. But now I don't think people feel like that because I think what's happened over the last really maybe 36 to 48 months is people have realized almost all of the media is designed to essentially cause a reaction within your lizard brain that is going to not necessarily be putting you in a mental emotional state that you want to be in. And really it's I think at this point proven that a lot of them, especially mainstream media, it doesn't matter if you're blue or if you're red, it does not matter. A lot of it really is just propagandized garbage. So talking people into being media free now is a lot easier than it used to be. Now what's replaced it though is a lot of you guys are spending way too much time on social. So being media free, if you're just taking what you're picking up from cable news before and now you're filling your mind with all these really off the hinge websites and things like that, you've actually put yourself in a worse position. So one of the, again, things that you all should be considering doing is having completely media free lives. Literally purge all forms of media except for this podcast from your life. Well podcasts actually are I think very good because you can prune the content and of course obviously you can slide off one side or the other and you know, but you can curate what you're putting into your brain far easier than just turning the TV on and just, you know, being passive and you know, zoning out for whatever it's going to feed to you. And I think that it's, you know, I am with you on the media free a hundred percent, but knowing that they're going to naturally be on it now and then, you know, that brings us to this point of what should you, you know, to, to a large extent, take a break, go media free. You're going to feel a lot more peaceful because it has gotten to be very aggressive and contentious. Well, what a lot of people will realize is when you do go media free and you should just test this just for the sake of your own, I think, you know, intellect, go media free just in the morning or just in the afternoon, like afternoon today. Don't listen to any, you know, don't input anything that's going to cause you to feel a certain way that you're not in control of. And by the way, that is a really good, I think, introspective technique you can all use as whether or not something's good for you or bad for you, frankly, after you've listened to something or you've read something or just even talked to somebody, monitor how you feel. How do you feel inside? Do you feel happy, jubilant? Do you feel optimistic, excited? Do you feel, you know, love? Do you feel friendship or do you feel fear? Do you feel loathing? Do you feel defeat? Do you feel like monitor how you're feeling? What is the dominant emotions that you have after listening to today's podcast? What are the dominant emotions you have after listening to CNN or Fox News or whatever it is, right? And notice that what, for the most part, you feel when you're consuming media, especially if stuff's not good for you, you feel like the world is against you. You feel like there's a, you know, there's us and then there's them. You feel tribal. You feel maybe even superior, oh, you know, I listen to CNN so we think this way versus all those other people think that way and of course it's true on the other side as well. So just monitor how those things have psychologically evolved to manipulate you and the result of the manipulation is you frankly lose control of your mindset but your world gets smaller and smaller and smaller because eventually what's going to happen is you're only going to feel comfortable around other people that think and feel exactly like you do and at that point you're just living under a bridge. Well, you've got to make room in your brain for the good stuff, right? And so when you go, you know, you've listened to, you've watched whatever, something and it does make you feel yucky, guess what? You have control. Delete that app. Don't go back to it. If you, if you're watching like your news apps or whatever and you feel really horrible after reading something, sometimes it's not even that it was bad, it was just wasting your time. It was about nothing. I know. Right. So, so that's ultimately just monitor how you feel and then notice that when you go media free in the morning, for example, you know, I would like you guys to completely jump off the deep end and go media free period, but you will notice that you will go through forms withdrawal. of And I mean that in the literal sense. Now fortunately it's easy to get easier to get off media than it is, you know, getting off caffeine or something, you know, especially for somebody like me, not that we'd know because we're never going to try. I mean, why would someone get off caffeine? That makes no sense. That's like getting off oxygen. I know. Anyway, so wrong. Yeah. So anyway, when you go media free, what you're going to feel is you'll actually feel honest to God feelings of withdrawal and it manifests as a sense of lack of control. Oh my gosh, what is something going to happen? I'm going to miss out on the news. I'm not going to know what's going on. You actually start to feel this sort of literal feelings of withdrawal that comes from you're not getting that constant dopamine hit from really knowing the latest, greatest of everything is going on. All the news crawls and all the, you know, breaking news and all that stuff, it's all designed to trigger a little emotional response in your head. Somewhat like frankly, a lot of other things that people consume online, porn has that same effect. It releases a tiny little hit of dopamine and it causes you to feel a certain way for it. You get a little bit of a high from it. That's all that crap is. It's all designed to essentially start. Now you get, Oh, I want more of that feeling. So now I'm going to go and watch Fox news. I'm going to go to this website that's going to tell me that, you know, the human eating aliens are about to land, whatever it is, doom scrolling, doom scrolling, right? That is what people do. And you got to break free of that because you can't break free of that, or you can't be free of that until you break free of that. And when you do nature, it hoards a vacuum. In other words, once you are purging that stuff from your life, you will all of a sudden after you go through the withdrawal, it is real. I promise you after you go through the withdrawal, then all of a sudden you're going to start to feel lighthearted. You're going to, you're going to stop feeling divisive towards other people. You're not going to start seeing us in them. You're not going to, you're going to start feeling completely different. You're going to go back to your baseline, which for most of you are really good, nice, honest, loving, you know, people, not what the media wants us to all feel like. And look, look at the constant battle that seems to be happening socially right now in the United States and other places in the world as well. Don't you think the media, I don't think they created it. I don't. I think what they're doing is just parroting back to people what they're clicking on. Oh, they clicked on the fact that there's this, you know, horrible locust invasion that's happening in the Midwest or whatever. Well, people must want to read about horrible locusts with their big, you know, beady red eyes. Boom. You're seeing nothing. Let's give them more of that. Exactly. So the media is not, you know, creating the horrible red locusts. The locusts are there, but they're seeing that people want to read or see more information on that. Thus, that's what they're feeding you more of. People don't click on or read positive news. That's the reason. You try to find, try to find a story today anywhere that's going to be positive. And the reason that the media doesn't produce, and even, you know, amateur media people, they don't do positive because people don't click on it, because people don't view it, because people don't consume it. Why? Because you don't get that little dopamine hit. You only get it when you get the fear -based thing gets triggered in your head that comes from the bad news. So don't be surprised when you choose to go media -free, that you go through withdrawal. Don't be surprised after you've gone through that, maybe a week, maybe two weeks, that you're feeling this incredible feeling of relief, because that is how you'll feel if you give yourself the opportunity to get there. And then, what do you fill that? You fill that with the proactive lead generation and the other things that you should be doing to make yourself better, to improve the lives of your family and your loved ones, and obviously, to make a contribution to the people who choose to use you as a real estate professional. So that brings us to point number six, lead with proactive lead generation. You might be wondering, now that you've broken up with the media, what are you going to do with all of your time, right? So lead with proactive lead generation every day. You are either self -employed or self -unemployed based on the actions that you take. The things that agents avoid the most are the same things that are the most efficient and the most profitable. Proactive lead generation is your number one job, because without it, nothing else happens. You'll have leads to follow up on, no presentations, no deals to negotiate, and no closings. So remember that the answer to all stress in real estate is, take a new listing. Do it immediately. Your financial, emotional, and spiritual well -being all depend on this when you are earning your living in this business. All good things come from listings. And I can tell you, coaching call after coaching call, where today's call, the agent was kind of in this zone, stressed and maybe a little disorganized, feeling out of control. And guess what happens? In the next couple of days, they take a new listing. Next coaching call, it's like you're talking to a different human. Well, people need three things, right? People need someone to love, something to look forward to, and something to do that gives your life a sense of purpose. Those are the three fundamental things that it takes to have a happy, balanced life. I'll be even using the word balanced with air quotes. Someone to love, ideally they love you as well, right? Something to do that gives your life a sense of purpose, and something to look forward to. If you have those three things going on, and you can manifest all those things, it's not difficult. Discovering a sense of purpose, your sense of purpose is obviously your family and learning to be an amazing real estate practitioner. Something to look forward to, something to look forward to as a result of you helping other people through your real estate services and the money that you have as a result. And obviously your family is going to benefit from that as well, or maybe it's your dog that's someone you love. Dogs are great too. You guys get it? Stop making it so complicated. Go back to the essentially core principles of really what real estate is all about. It's not complicated to be very successful in real estate. Doesn't require all these multi -level, billions -level step systems and all the rest of it. It just comes down to five core activities. Proactive lead generation, pre -qualifying, presenting, negotiating, and then obviously closing, and then lead follow -up, right? That's six, but you do those things at a high level, you will have unlimited, unending levels of success, not just in your business, but in your personal life. If you believe that becoming more successful in your business won't make other aspects of your life more successful as well, I need you to shed those thoughts, because here's an interesting little challenge that some of you might have. If you have got caught into the, and again, this is going back to the point number six with regards to the media, but if you've got caught into this sort of never -ending loop of negativity, and you have actually convinced yourself that tomorrow is not going to be better than today, you're actually going to lock in and ensure that tomorrow is not going to be better than today, because you're not going to do the things today that would actually make tomorrow better. What do I mean? Julie's last point. Proactive lead generation. Julie, why would I go and proactively lead generate? Why would I go and do this? Why would I go and do that if tomorrow is going to be the alien invasion? I'm trying to make you guys laugh, but I want you to realize the fragility of all of our mindsets, especially if we're allowing ourselves to be overwhelmed with negativity. When you purge the negativity, and all of a sudden you start replacing that time, energy, and sort of the mindset that's been wasted on the negativity, and you start doing the things that are actually going to ensure or lock in that tomorrow is going to be better than today, there's a compounding effect to it that is, I think it's a law of nature, basically. Probably. But it is all within your control. I think that's what it gets down to. So we're talking about the next point. This is a big black hole right now. Stop pursuing less than motivated or nonresponsive, with air quotes, leads. Let them go. If you've been doing a good job with your lead follow -up before you lost control of your schedule, remember we're talking about turning your stress into success here, and those leads just aren't responding, chances are they are not real leads anyway. Now let's demonstrate that. Real buyers are responsive. They call you as soon as they see the right house, or when you sent them the right house. They update you about their financing. They send you listings they've seen. Well we have a list of things that you guys should be using before you actually consider working with a buyer. It's all part of the buyer prequalification script. It's all part of the process. A buyer isn't just somebody that says, I want to buy a house. They actually have, before you give any of your life energy, which you do not get back, your time, which you do not get back, you have to make sure that they are prequalified. Julie gave you an overview. All of the scripts are going to give you answers to all the questions, and once all the questions are answered, then you'll know whether you have a buyer. Because the real challenge with buyers, guys, is they never actually have to buy. And if you're spending all of your time, to Julie's point, working with buyers, even buyers that are really motivated, oftentimes what will happen is they'll demotivate themselves because guess what? They just read something on the news that scares the crap out of them, and now they're deciding to take some time off from buying a house. Are they just ghosts, Jill? Or are they something, something, something? So there's no such thing as a buyer that has to transact. So when Julie and I lean into hoping you guys are going to learn to be listing agents, it's because there are lots of examples of sellers that absolutely positively have to sell. Now that said, real sellers are also responsive. How do you know? They're following, they're answering your questions from your prequalification script. They're responsive. They're easy to schedule a listing appointment with. They're cleaning. They're packing. They're staging their home. They're doing the things that sellers do. If your leads are not acting like real sellers, they're probably not ready to transact. Just say next. But not until you've actually used the seller prequalification script. Now here's the thing. This is an especially hard lesson for new or newer agents who haven't had the experience to know the difference between real buyers, real sellers. Whether you're new, newer, or experienced, using the buyer and seller prequal scripts will cure that issue. Brian Tracy said, your greatest asset is your earning ability, and your greatest resource is your time. So in order to know who you should be spending your time with, you have to ask those questions and actually get the answers. If they're not answering you, they're not calling you back. They're not acting like real buyers and real sellers do. But sellers are very easy. Sellers are way easier to know. Right, because a buyer's motivation to buy, a buyer can always stay put. They can always stay renting. They can always extend their lease. They can always do a room addition, all those types of things. But when a seller, when you're using a prequalification script, you'll know their time frame, you'll know their motivation, and so sellers have to sell. They have to sell because they are closing on another house and they need the equity out of their current one. They are getting relocated to another part of the country and they need to sell their existing house. They bought the house as a VRBO and now it's not cash flowing, they need to get rid of it for whatever reason, right? All these types of things. So they maybe have to sell the house because it's a probate listing or maybe it's a financial reason. Much more specific. And there are examples. So when does this house have to be sold by? With sellers, there's going to be a date if they're a truly motivated seller. The ones that, well, if pigs fly, you know, when pigs fly, then if I can get my price, okay, Mr. Seller, so if the home doesn't sell for the price that you're thinking about, what is your plan B? Well, we'll just take it off the market and we'll try again next year. Not motivated seller. Now you can still dig down and ask more questions and find out, well, so just so that I'm clear when this home sells, Mr. Seller, where are you going next? Oh, well, we already closed on the house in Florida and we're planning on moving there in 60 days. Okay, hold on. So you just gave me a bunch of wishy -washy motivation and now you're telling me you actually have a house you want to move to? And I mean, that's why you have the script though, because most agents, if they ask the first question, that's the only thing they ask, then they declare that that person is not that motivated. They haven't drilled down to the point to find out what's really going on with them. Same thing with price. You know, a lot of times sellers will say, well, if I don't get my price, what if their price is realistic? What if that's completely fine? You drill down more. And yes, they do have actual motivation. And don't find out the seller's motivation over time. I'll find out what the real motivation, some questions after I waste months with them. No, find out on the first contact or maybe the second contact, ask the prequalification prequalifying questions, and then find out what the heck is going on in their lives. Because here, I'll tell you guys a little secret, which anyone who's listed real estate before knows this. When you know the seller's timeframe, when you know what their actual motivation is, at that point, you basically have the answers to all the questions, right? If you know that they have to sell within the next 90 days, that's the only thing that truly matters, because they have to sell the house. You guys get it? Which means you have to take the listing. Which you have to take the listing, which is what we teach you how to do. So keep these things in mind. It does come down to that. Isn't that funny? But here, I'm going to do a little mindset check. See, I'm tricking you guys back into thinking about that. How do you feel right now? You probably feel excited because you're realizing, Julie and I are not asking you to do things that are very complicated. You're realizing that, hey, I can read a script. I can ask questions. Yes, it would actually greatly benefit you to do so. Yes, and you're now feeling optimistic, and you're feeling excited, and you're thinking you're going to go do these things. Yes, you are. You see, the form of media, the things that you allow in your mind and your heart and your soul really, truly do matter. Next point, Julie. Okay, our last point for today, we're talking about how to turn stress into success. What should you keep? What should you dump? Well, guess what? Number eight, your fitness and nutrition routine cannot suffer when you're busy. Change it instead of skipping it. If you can't find time in your normal work to do your normal workout at the gym, replace it with a Saturday morning workout or a nighttime yoga class or something where you're not just deleting. Don't delete. Just modify. You need your energy, and it's a great place to find new leads. It's also a great way to work off that stress. So bonus point. What are you going to do about this? We've talked about scripts. We've talked about schedule. We've talked about being supported by people who believe in you. That would be our Harris certified coaches. So go ahead. You know you want to. Join Premier Coaching today. You can go to premiercoaching .com, and we will help you every day to achieve your goals with less stress, more focus, and give you the support you deserve. If you guys are looking for a tribe to associate with, associate with a tribe that's going to be all focused on the betterment of themselves and also the people in which they choose to do business with and those who choose to do business with them. In other words, be part of the movement that is Premier Coaching, because Premier Coaching is going to be the thing that's going to give you. It's a tug of war at the end of the day, right? If you think about this, it really is a tug of war. It's the old you versus the new you. If a lot of things are pulling on the side of the rope to keep you the same or to even make it so that your life tomorrow will be worse than your life today, admit it. It's true. You're constantly surrounded by negativity. You need a lot of people on the other side of that rope pulling. That's what Premier Coaching is going to be. It's not just Julie and I. It's all of our grey hair certified coaches. It's all the people that you're going to discover when you join Premier Coaching. Those people are pulling on the other side of the rope and oftentimes pulling you harder than you're able to pull yourself towards the negative side. We're going to pull you and provided that you eventually get to the right side of the rope and start pulling in the direction that you claim you want to go, provided you get there eventually, you're going to do fantastic and your tomorrow will be better than today and your next year will be better than any of your previous years. And guess what? Here's the, I think what a lot of you need to wrap your minds around. You will realize that you are in the right place at the right time. By the way, you always have been in the right place at the right time, but now it's just time for you to realize yourself as the best version of yourself as a real estate professional. That's what we're all about. That's what we're here to do. So guys, scroll down the notes from today's show. We actually talked about a thousand times more stuff than were in Julie's notes, but scroll down and then you guys will see the notes and also you can click the link to join premier coaching. In the meantime, thank you for keeping this number one, listen to daily podcasts for real estate professionals, at least the United States. This podcast is downloaded and listened to every month between YouTube and between iTunes and all the other things. It's like, I don't even, I'm, I'd have to account, but it's probably, I know we have downloads alone around 300 ,000 downloads per month. We have another, say 40 to 50, just straight up listens or streams. And then on YouTube, I have to go look, but our typical YouTube is getting listened or rather watched and listened to, I'd say seven to 17 ,000 times. So add all that up. So the podcast is probably getting consumed every month by a million different times, you know, and how many of you are doing something with all this information? It would be the fulfillment of Julian's mission on this planet if all of you were. So please do something with this. In the meantime, you guys have a fantastic day. We'll talk with you on the show tomorrow. This podcast is a part of the C -suite radio network. For more top business podcasts, visit c -suiteradio .com.
A highlight from Revenge: Bitter, Not Sweet
"Hello everybody, the Xfinity 10G network was made for streaming giving you an incredible viewing experience now You can stream all of your favorite live sports shows and movies with way less buffering freezing and lagging Thanks to the next generation Xfinity 10G network You get a reliable connection so you can sit back relax and enjoy your favorite entertainment Get way more into what you're into when you stream on the Xfinity 10G network learn more at Xfinity .com Xfinity 10G Following in your parents footsteps is never easy, especially when mom or dad happen to be superstar athletes What kind of lessons do Hall of Famers like oh I don't know NBA legend Tim Hardaway and NFL icon Kurt Warner impart on their kids as they chase professional sports stardom How do they teach them the importance of prioritizing health and how to overcome adversity? Well, you can join heart of the game as they explore these questions and more with some of the greatest families in sports Listen to heart of the game on the I heart radio app Apple podcasts or wherever you get your podcasts Hey everybody get this we have a mind -bending announcement to make the stuff You should know episode on vinyl is now on vinyl. You can learn about records by listening to a record It's possibly the first time a podcast episode has ever been put to wax and we did it along with our friends at born Losers records It comes in three awesome colors black white and a super cool splatter core and you can order it for pre -sale now at Syskvinyl .com Records will ship on October 20th just in time for Halloween whatever that means So go to syskvinyl .com right now to get this super duper limited edition super cool stuff You should know thing a record on records Welcome to stuff. You should know a production of I heart radio Hey and welcome to the podcast I'm Josh and there's Chuck and Jerry's here too and this is stuff you should know the podcast about revenge We've done an episode on it was like a top 10 on cases legendary cases of revenge Oh, yeah, I remember that but we didn't talk much about Revenge itself and I feel it was high time. We've been dancing around it for decades now And here we are I Thought this is a great idea. So kudos to you because it Dave helped us out with this one and it's a lot of like science and studies have Sort of and I'm not gonna spoil anything but have sort of About revenge and what it means for the person getting the revenge. Yeah, I think most people How we feel about revenge it's from watching movies and it's like deeply satisfying to watch the Bad guy who deserves revenge get get their comeuppance right sure is or even be killed Just like yes that guy deserved that kind of thing. But in reality carrying out acts of revenge or They just it's not like the movies I guess is what I'm trying to say and yet there's a lot of evidence of revenge in real life so much so that the New York Police Department came out with a study in 2012 and Found out that 42 % of the homicides in New York were motivated by revenge man, so and that actually kind of underscores like a problem with revenge is That when you enact vengeance on somebody and you leave them alive almost Invariably that person feels like you overdid What in response to what they they did it was disproportionate. So now they have to strike back again And it can go back and forth until somebody dies or else somebody can die right away is the first act of revenge But the the point of the whole thing is is that once you do carry out revenge no matter if it's petty exciting somebody up for spam or Killing somebody in response to whatever Slight like road rage. They cut you off in in traffic. You don't feel good afterward You actually feel worse and that's the underlying point of this entire episode Yeah, you know my my favorite petty I don't do it, but my favorite petty revenge to witnesses It's pin and it's so dumb Everyone just settle down is on a highway when someone Is on an expressway and they clean their windows and it gets all over the car behind them Yeah, I see people all the time race in front of that person and do the same thing. Oh my god, really? Yeah, that is Petty that is Tom Petty. That's not Tom Petty because somebody was great That's just petty and I also wanted to say to you talked about Revenge coming back harder or whatever Emily has her own personal Saying like when we're messing around and I like I will do something to her Or I'll say something kind of mean as a joke. She'll she'll eviscerate me if it is and she calls it coming back double She goes I come back double. Oh boy I was one of those people that Think she gets pushed in the corner and is and man she comes out hard So it's it's a good trait and it can and one to be wary of at the same time Yes, I'm suddenly way more wary of Emily than I was before luckily I stayed on her good side You wouldn't come at Emily. Anyway, you're smart. No, so There's a lot of questions revolving around revenge if if the if we know for a fact It feels good to think about but then feels bad to do. Mm -hmm Despite the fact that when we're thinking about it, we're like this is going to feel good It's not the act of thinking about it. That feels good It's fantasizing about how good it's gonna feel to get that person back And set the universe right again to do all sorts of things that revenge allegedly does and it turns out When you carry out an act of revenge you are playing the chump to evolution and on behalf of society as a whole and That's kind of like the whole basis of a revenge. There's a Extensively in the animal kingdom and it really collides with the the modern evolved humans That live in these complex societies. We've formed today When you get those two things together an interesting podcast comes out. That's right what you're talking about the animal kingdom is also called retaliatory aggression and that is the idea that So let's say a lion mama goes out and kills an animal To leave for her little cubs to eat Another animal is like oh, you know Let me see if I could sneak in there eat some of that too The mama lion doesn't just scare this thing off to preserve that meat for the kids The mama lion goes and hunts down and kills that animal. Yes, that's good. They come back double Emily style Right. I mean like the the problem solved the hyena has been chased away But to leave your kids and go find it and kill it. That's that is Seems only retaliatory aggressive. Yeah, and this next one too. I'm gonna mention These are interesting because it made me sort of question the idea of revenge versus punishment Right because I think those are different things. Yeah, the rhesus monkey We've talked a lot about their vocalizations like they're all about the group or they should be at least and like when they find food Let's say they will tell everyone. Hey, I found food But if a rhesus monkey is ever like, you know I'm gonna have a little bit of this first before I call out and if they find that out There's a punishment for that rhesus monkey. I don't think they kill it But there is a punishment and this is the idea that these retaliatory aggressions are Deterrence it's like a punishment for everyone to see to prevent future transgressions like hey, did you hyena see that? Did you other rhesus monkey see that? So that you know would be an advantageous thing Evolutionarily speaking so that gene gets passed on Yeah Because the more the more you're prone to do that the the likelier you are to not have food stolen from you for your kids The likelier it is for your kids to survive and and your lineage to survive. So it makes sense Evolutionarily speaking this retaliatory aggression does at least right? Yeah, which I would still argue is punishment more than revenge. I Absolutely, I think you're absolutely right and there's a there's a story a couple of stories of Tigers actually engaging in what can only be described as revenge and it's very much up in the air whether what we're witnessing is actual revenge, but like you know, like there was a very famous story out of Russia where like a poacher not only shot a But also took some of their kill and that the tiger tracked the guy down found his his little lodging destroyed everything you could find in lodging and then waited outside for the hunter to come back and then kill them and that the Tiger managed to hold this idea in his head Or I think it was a her her head for up to maybe 24 hours after the the hunter shot her There's a there's a couple of stories out there that seem to pertain to Tigers Specifically that it's almost like it does contain an emotional component to it, but for the most part Yes, it's it's solving in a problem and then maybe preventing future problems among the animals Yeah, you know one of my favorite sayings is revenge is a meal best served cold Yeah, I don't know why cuz I'm not a revenge guy really, but I just I think that it's just such a great saying I just like it, you know, there's something about like oh, no, no The real revenge is like when you wait around for a while Oh, yeah, and then when you would might not be suspected you come back and take that revenge Yeah, because if you just immediately do it in response, you're a hothead and a dummy anybody can do that But just sit there and really stew on it and figure out the best way to really get back at the person that takes intellect Yeah, I agree and a little bit of craziness.
A highlight from Andrew Marchand on MNF, McAfee, Swift/Kelce Coverage & More
"Sick of paying $100 for groceries and getting nothing but eggs, orange juice, and a paper bag? Then download the Drop app. Drop lets you earn points with your everyday shopping and redeem them for gift cards. Want a free dinner with those groceries? Drop it. How about daily lattes? Drop it. So download Drop today and get $5 just for signing up. Use invite code getdrop777. How rude, Tanneritos. A Full House rewatch podcast is here. Join us as hosts Jodie Sweetin and Andrea Barber look back on their journey together as the iconic characters we all love, Stephanie Tanner and Kimmy Gibbler. Here's a quick preview brought to you by the Hyundai Tucson. We spent our entire childhoods on a little show called Full House, playing frenemies, but becoming besties whenever the cameras weren't rolling. And now 35 years later, it's our biggest adventure yet. You can listen to How Rude Tanneritos on the iHeartRadio app or wherever you get your podcasts. Brought to you by the Hyundai Tucson. It's your journey. Welcome, everyone, to SI Media with Jimmy Traina. Thank you so much for listening. The usual periodic check in with Andrew Marchand from the New York Post this week. He joined the pod to talk about a variety of topics in sports media. We get into the ABC ESPN Monday Night Football staggered star double headers. We get into how ESPN and the ESPN and Pat McAfee marriage is going. Deion Sanders stuff. How the media has handled Taylor Swift and Travis Kelsey. What's going on with WWE and Monday Night Raw most likely looks like it's going to be on the move. Andrew had some stuff on that. A couple of things about local New York radio. So a bunch of sports media topics with Andrew Marchand on this episode. And then Salicata joins me as he does every week for our train of thought segment. Where we get into some NFL things about the Eagles. Should the NFL ban the Eagles one yard play. Joe Namath and Lou Holtz making headlines. Get into these ridiculous prop bets on Taylor Swift and Travis Kelsey. And Sal has a rough Sunday coming up. So if you're a fan of the train of thought segment, you'll want to hear that. Before we get to the full episode. I want you to make sure you listen to past episodes. If you've missed any and make sure you subscribe to us. I media Jimmy trainer. We've had a great run of guests. Kevin Clark from ESPN was on the show last week. Scott Hansen hosted the NFL Red Zone channel two weeks ago. Julian Edelman three weeks ago. Charles Barkley, Peter Schrager, Chris Russo, all recent guests. So if you missed any of those, give them a listen, download, subscribe to the pod and leave a review on Apple. We'll read it on an upcoming episode. All right. Andrew Marchand from the New York Post, followed by Salicata and train of thought. It's all coming up right now, right here. On S .I. media with Jimmy trainer. All right, training me now. S .I. media podcast regular. This periodic visit from the New York Post. And the March and Iran podcast is Andrew Marchand. Andrew, how are you? I'm good. How you doing, Jimmy? I'm good. I just realized I didn't put my phone on do not disturb. So I'm going to do that as we speak. And I'm going to let you know that I had a reader last week for my mailbag column on S .I. com, send it an email and said, when is Marchand's next appearance? So here we go. You made someone happy. Thank you that person. You made someone happy by coming on today. Let's start with this. A lot of media news to get to. Have you heard anything from ESPN or do you have any intel about how they feel about the last two weeks? How the staggered Monday Night Football doubleheader has gone? Because I've gotten a lot of emails and tweets about it. I'm sure you have as well. Yeah, I haven't talked to anybody specifically about how they feel about it. I mean, it is an NFL decision. ESPN is not in control of how those games are scheduled. Maybe they have some say, but it's the NFL decision. Yeah, I don't like it. Actually, in our podcast with John, it was my who's down this week. And the reason I just feel like I kind of said this on our part, it's too it's like having two quarterbacks and you have none. Right. And now if you have Joe Montana and Steve Young, there are two awesome games. Maybe that'd be better. But I just find my attention split and I don't know. And even at like halftime, I wouldn't recommend you go to the other game. Like I get what they're trying to do there, but it's not the NCAA tournament. And usually it's in like the second quarter, third quarter. So I personally don't think it really works that well. Now, I think they want to avoid I'm not positive, but I think they want to avoid that 10 30 late window. We used to get the Monday night and you get the, you know, crazy crew, either Chris Berman or Golick and Greenberg, you know, some of those crews back in the day. They probably don't want that late night game where, you know, you're losing that East Coast audience if it gets too late. But I don't know. I don't think this necessarily works. See, I like it. And what are the tweet? What are the tweeters say? Most people seem to not like it. Yeah. And why do you like it? The more the merrier. Give me as much football as possible. If I can watch eight games at one o 'clock on Sunday and four or five games at four o 'clock on Sunday, I can handle two games on Monday night. So, you know, I have two TVs. I put one game on each TV and two is better than one for me. That's just how I feel. Yeah, I've been a little running around these last couple of Mondays when this happened. So I may be a little bit, you know, my opinion skewed a little bit by that. It hasn't just been like I'm just chilling and watching, been running around a little bit. So perhaps that's, you know, maybe I could be swayed. I will say, you know, I don't know. This is a whole separate discussion. I would love to know your take on this, but I always feel like it's a little tough sometimes to criticize people in this podcast when I also have to book this podcast. So I try to be careful. Yeah, I notice you're very soft. That's what you're trying to say. Sometimes. So I'm sure this guy will never come on again, but they gotta do better than Chris Fowler on the secondary game. Just not, it's just not working. Chris is not a great play -by -player. Right. He was a great host, studio host. Can I say one thing? Yeah. He's on tremendous tennis. Like I watch the U .S. Open every single day. I think he's great on tennis. It's football where it's just something feels off. Well, tennis is also slower. And like you look at people who do really well at the slower sports. Like, you know, Jim Nantz is better than Chris Fowler, but Nantz is really his best thing is golf. And I think he's an OK NFL play -by -player. And at the end of his college basketball run, he was definitely, I don't know, OK is probably, you know, he was OK there as well. And I think if you look at Fowler and his history, now he's been doing play -by -play for a while now. And he has gotten better. Like when he first started on the number one crew, I mean, if I were covering it then, that would not, I probably would not have been that kind. Because he has gotten better, but it's not really good enough. And he's the rare case, I think with Herb Street, that Herb Street makes him better. Usually it's the play -by -player who makes the analyst better. And yeah, I think you're right. And I also think, you know, in fairness to Fowler, you know, ESPN put that crew together. They replaced Levy there and they had a year or two under their belt together as a team. And, you know, not the full team, but him and Riddick, Levy and Riddick, and then Jadolowski. And I think they kind of don't, they underestimate chemistry. It takes time to build it up. And so I think that hurts. And he just, he's a college guy too. It's hard just to come into the NFL. I know he, you know, he's talked how hard his schedule is with the U .S. Open. And then, you know, doing a game a couple days later. And then doing a college. And so, you know, that's hard. And so, yeah, he's not a tremendous play -by -player. To me, this is just me, it felt like when ESPN gave him that gig, it was more about ESPN trying to impress the NFL. Like, look, we have our number one college game. Like you had said earlier, the secondary Monday night game for years was, you know, Golic and Greenberg and Chris Berman with a cast of character. Rich Ryan did it one year. I think this is ESPN trying to say to the NFL, because now they have a Super Bowl and they have this big contract. And, you know, they brought in Buck and Aikman. Like, we're serious, we're going to take our, regardless of what you think about Fowler, he's their lead college guy. So, I feel like they're like, oh, look at us, we're putting the lead when, you know, that. Yeah, I think they screwed up and I think they know they screwed up. I think that they ended up shifting who was in charge of the NFL. It was Stephanie Drewley. And they moved her off the NFL after, you know, I think that didn't help her cause in terms of staying on the NFL. I think they were satisfied with Levy. He was a good guy, which they value. After they brought in Joe Buck, he was very gracious. You know, Levy's a very good hockey guy, especially studio host. I thought he could have, you know, could have been the pregame show on Monday Night Football. He's in, again, not their, in my opinion, they had other people who are better play -by -players for football, but it was good. Like, so, yeah, I don't think it was to impress the NFL. They got Joe Buck and Troy Aikman. They got the Mannings. I mean, they spend, they're spending 50, 60 million dollars a year on their booths. Like, I don't think the second team booth is gonna, you know. If anything, I think it was, there was a thought before Buck and Aikman that Fallon and Herb Street might get the NFL. Might get Monday Night Football. Might get the potential Super Bowl. And then this is kind of a carrot since they didn't get it. But I'd argue, and I even talked to Chris Fowler about this. So, I don't know if this is the case. I just don't know if, I mean, Chris Fowler does the national championship. He does the biggest college game every week for Disney. I can't, like, I get it. Maybe he wanted to do NFL. But is this really gonna satisfy him because you're doing a second game, which generally aren't that great? I don't, I don't see that long -term, personally. And I think also, strategically, if I'm ESPN, I'm putting a young play -by -player. Now, Joe Buck, we both think it's great. Like, he and Ian Eagle are the best two play -by -players going right now. And, um, but, Joe Buck's contract's up in a couple of years. If I'm ESPN, and I, you know, I think they'll probably re -sign Joe Buck, and they should. That said, he makes a lot of money. And, you know, I would be saying, who can I develop? What young guy can I develop? So when I go into that negotiation, I really have somebody who's on the rise. And I can say, hey, look, you don't want this, you know, the 15 million a year? Then we'll go here, you know? But if you start demanding, I'm not saying this is going to happen, but, demanding even more and more money, I'd want an option. I don't think they've created an option. They've actually put somebody in that spot who they've already said they'd rather spend 15 million dollars on Joe Buck than have Chris Fowler as the lead play -by -player. So, I just think negotiation -wise, and strategically, in terms of saving money, it wasn't a great decision. Yeah. I don't understand the insistence on the three -person booth, either. They had Fowler, Greasy, and Riddick. Excuse me, excuse me. Levy, Riddick, Greasy. Now it's Fowler or Lofsky, Riddick. To me, that, and, Fowler's used to a two -person booth with Herb Street. They have Buck and Aikman, which is a two -person booth. I don't understand the insistence on the three -person booth. It's just, for football, it just, I don't get it, but, that's just my - It complicates, it over -complicates it. Yeah. And like you said, chemistry. I think it's much harder to develop a chemistry with three. I mean, you know, the local Mets situation is different with Gary Cohn, Ron Darl - Is it in baseball, is it football? What three men, can you name - I mean, I guess back in the old Monday Night Football days, there were three men booths that had - Yeah, Collinsworth and Aikman with Buck that one year. Yeah, one year it lasted, you know. So, I don't know. But, there's no more staggered double -headers. The next one is week 14, and both games will start at 8 -15. I think that's the one that's going to piss a lot of people off. But, that's a long way down the road. You got the two TVs. Yeah. I asked you if ESPN, how they feel about Monday Night Football. Anything you've heard about how they feel about their new partnership with Pat McAfee. I mean, it's early, but they're bullish on it. I mean, they've kind of handed the keys to the network to McAfee. I mean, you can't - it's kind of like Stephen A. now. You can't really turn on ESPN almost every day except basically Sunday without seeing Pat. And so, you know, I think initially the ratings weren't that good. I think they got a little better in terms of the TV ratings. I think that kind of makes some sense because if you think about it, he was a YouTube show. Yeah, he's got to play for TV. Yeah, and he's still a YouTube show. Well, it is a play for TV because they think that they had Max in there before. They think that the ratings will be high enough that they'll be able to charge more for the ad rates. I guarantee you the money they'll make off of McAfee on social media and YouTube will be 8 billion times more than the money they made off Max Kellerman on social media. Oh, 100%. No, you're right. No, you're right. There's no doubt about that. And look, they want to get, I will say this, like, does it work? I think a lot of times when companies make big moves, you know, big time moves, a lot of times they make those moves when the person's kind of towards the end, you know, they got McAfee on the rise. Like, you know, we, you know, you and I have been aware of McAfee for years now, but he's really like, you know, here, I don't think he's at the plateau, you know, where most people go up and then they plateau and then they go down. He's at, he's still, I think, going up and then maybe the plateau is on the horizon and you can plateau for 20, 25 years if you have the right attitude and personality and just have the right act. So that's where I think that makes a lot of sense as a bet because it's not, I'll hit one close to home, Rick Riley leaving ESPN. I mean, leaving SI for ESPN where, you know, Rick Riley is one of the great columnist ever, but at that point, you know, whatever, maybe it was the internet, I don't know exactly. It just didn't really work as well at ESPN as it did at SI. And so I just think they've done that and that's kind of, you know, teams do that in sports and I think sometimes networks do that. And so I feel like signing McAfee in his mid -30s is kind of like signing a baseball free agent who's in his mid -20s and I think that's what you want to do as opposed to getting a, signing a 35 -year -old and, you know, thinking they can still play, you know, like, I don't know, like a Josh Donaldson, maybe trading for someone like that, Jimmy. You see what I did there? I don't need reminders of the horrific Yankee season. I just did that on purpose. I don't need that. My head was going, who am I going to say? All right, yeah, Josh Donaldson, but it was a treat. Just a, yeah, you want me to say Brian Cashman should be fired. It's amazing too, they replay that. I didn't know this was going to be the situation going into it, but they replay the show as soon as it's over, I think, on ESPN 2 and then they replay it at night on maybe ESPN News or one of their, what you said about if you're going to put on one of the ESPNs at any point in the day, you're going to see Pat McAfee. Yeah. So that's good for him. Like I, you know, people feel like - But I also think, ESPN has to be, they have Aaron Rodgers on their air every week. It's a news making thing that's on their air every week. They've got Nick, he's got Nick Saban on his show every week. Yeah. That's a news making thing every week. I would think ESPN has to be, forget the numbers because the numbers, I think, will be there. It's still a new thing. You have, the ESPN audience is older, the McAfee audience is younger, it might take some, but I would think ESPN just on the brand and the cachet of that show has to be thrilled. I think so. I mean, but if you talk, like I have, again, I'll probably make some calls here in the near future, but so I haven't talked specifically with anybody about that. But generally speaking, when these things first start, everyone loves it. So then we'll see. Again, I'm not saying, I could see it either way. Like, you know, McAfee has not really stayed at any of these, throughout any of these contracts he's had. So that's something to watch. Maybe this one he does, but that hasn't been the case previously. So that is something. I think the fact that he's on game day has to help the relationship there a little bit with ESPN. Here's the thing about McAfee. If you're managing him, in my opinion, and it's like Casey Jones, the former coach of the Celtics, was known for just throwing out the ball and telling McHale, Parrish, and Bird to go play, Dennis Johnson. At least that's how I remember as a kid. That was his reputation. And I think McAfee is sort of like that. Just give him the ball, let him do his thing. He's not looking to, you know, for some strategy. Let's, you know, triangle offense. He's not looking for that. He's looking for, let me do my thing. I know what I'm doing. And the thing about McAfee is he's very smart. Like, I know he plays this, like, he's not smart thing. It works very hard. He works hard and he's very smart. He's very savvy. He acts as if, like, you know, maybe he's, you know, just a dumb jock. But he understands the media business very well. We need, we need to discuss the Kelsey Taylor Swift thing because I actually think it's a legitimate media story. If Fox is going to get these increase in their demographics of the female audience, the young people, the NFL has gone all in on this thing. I mean, they changed their Twitter header to, like, a Taylor Swift thing. They're putting out Travis Kelsey Swiftiest plays on their social media. He's gained, I guess, a ton of followers, the jersey sale. Let me start with this. How did you think Fox handled it on Sunday when she was in the stadium? Do you think they overdid it? Do you think the fact that they had an unwatchable game takes them off the hook? What was your take on the Chiefs -Bears on Sunday when she was there? I think the second part, and I wouldn't take them off the hook, but I think the second part, you have an unwatchable game that you had to switch most of the country out of because it was so non -competitive, that you have Taylor Swift there, it's a big deal. And, you know, there's a lot of Taylor Swift fans who are football fans, a lot of non -Taylor Swift fans who weren't watching that game, but it was a talking point, right? Like, I saw Taylor Swift in the concert this summer, but that was kind of - Look at you! Yeah, how do you like that? Look at you! You couldn't even get tickets. Big shot. Where'd you get tickets? My daughter's friend just won the lottery. No shenanigans. Oh, really? Tickets were $235 each, which is still a lot of money, but not, like, $1 ,000. And it was just kind of happenstance, how I ended up going. I was going to say, if your daughter's friend got tickets, how did you end up at the era's tour? I mean - Were you, like - It's just a long drive to get to the metal lands, didn't want them driving back. They're older, they can drive, but at, you know, one o 'clock in the morning from Taylor Swift, so - But you were in MetLife and watched the show. Yes. Friendship bracelets? Well, you want to know something funny? This is a good one. So, my daughter's friend said to me, do you want a - do you want a jewel? And I'm like, no, no, no, I'm okay. Thinking she's saying a jewel, like a jewel, smoke. But she was saying, like, to, like, get bedazzled, a little jewel, which I would have taken. So later, I was like, I told my daughter, I said, but your friend, she said she asked me if I wanted a jewel. She's like, no, no, she didn't say you wanted a jewel. She said, do you want a - a jewel to put some ju - you know. Right. I didn't have any bracelets, but I was into - I liked Taylor Swift. I wouldn't go again. I kind of felt bad being there, because there's people who give their left arm to be there. But it was - look, she is an unbelievable performer. I mean, it was - you could - first of all, I liked some of her songs. Secondly, the level of performance. It was just, you know, it was an A+. I mean, that - that - and that is something, even if you didn't like her music, you can appreciate it. And also, I appreciate it if I had to go to the bathroom. Easy pass right in there. No one. Right. No one's leaving their seat except for people like you who aren't in it. Yeah, and especially, yeah, and more skewed women.
A highlight from 44 - Week 3 Recap
"Welcome to the Ultra Flex football podcast where we have fun with our friends while we talk about football. I am your host, Anthony Sutton. With me is Rob Green. Hello everyone. And Ryan Wheeler. Howdy everyone. This week we have our album again. And sorry for the really sexy deep voice, I just got my throat dried up right before we started talking there. Hello, hello. I didn't realize we were talking in deep voices today. Sorry, it's like I've been sick, my daughter goes to daycare and brings it home and gives it to us. This week our album is Daydream by Mariah Carey. So I'll just list my songs and then we'll go Rob and then Tony. The songs that I have to get in today are Fantasy, underneath the stars, one sweet day and open arms. Rob, what you got? I got Always Be My Baby, I Am Free, When I Saw You, and Long Ago. I've got Melt Away, Forever, Looking In, and then if you've been around for a while I don't know anything about music, so I've got Daydream Interlude, Stash Fantasy Sweet Dub Mix. Is that all one title? Tony. It's supposed to just be Daydream, I think the interlude is a type of song, am I wrong? I don't know, I'd love to hear him try to say all that. I know, you fit Daydream Interlude, Fantasy Sweet Dub Mix into this song. Got it, alright, easy, easy, well why would it be listed as the title? That's what they do on albums, I'm pretty sure an interlude is something, so it'd be like the Daydream Interlude. Do you want me to google it real quick, do you want me to vet this information right now? No, F it, we'll do it live, you ever see that one, the News Anchor? The what? You ever see the Anchor that says F it, we'll do it live? Yes. That's hilarious. Anywho, we'll work those in throughout, and then we'll talk about football right now, so let's go to football talk. Oh my gosh, it wasn't right. Let's go to football talk. Week three just wrapped up, starting to learn more and more about these teams, trying to learn a little bit who's good, who's not good, who's offense is good, who's offense is not good, and then same thing about the defense, so obviously we're going to talk about the Bills and the Titans to start with, and then kind of go out from there, so last week we started with the Bills, this week we'll start with the Titans. Don't really want to talk about the Titans this week. So what you got for the Titans Ryan, you got any defense about your offensive performance? Dude. See what I did there? Yeah, that was real smooth there. I know that someday in the future there will be one sweet day where the Titans aren't just god awful on offense. Are you sure? I think. That's the only reason, that's what helps me and allows me to continue to be a Titans fan is the hope that someday they'll be exciting to watch on offense. Their defense is usually exciting, but their offense, it's so boring to watch. If I have to watch Tannehill drop back and have the swinging gate left tackle, just here you go Andre Dillard, and we had whatever the heck his name was last year, Dennis Daley, he was somehow, I told myself at the beginning of this year, I said this offensive line can't possibly be worse because Dennis Daley was the worst left tackle in the league, and then Andre Dillard comes out and he's on track to give up like 35 sacks this year through three games. Is that bad? Is that bad by one player? Yeah, that's like twice as bad as Dillard was all at, or actually it might be three times as bad as Dillard was, I'm sorry, Daley was all year last year. I've never even heard of Dennis Daley, I just looked him up because I was curious. He's on the Cardinals now. Is he? Oh, that's unfortunate. I don't know if he's a starter or not, but he is on the Cardinals. Yeah, Cardinals have been playing pretty well, obviously they beat the Cowboys, but even the first two weeks they've been overachieving so far, where the Titans offense is probably underachieving or maybe exactly where you think they were, Ryan Tannehill.
A highlight from 682:SECs Power Struggle: Congress, ETF Delays, and a Pivotal Hearing
"Good evening, and welcome to The Crypto Overnight -er. I'm Nick Ademus, and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax, and let's get started. And remember, none of this is financial advice. And it's 10 p .m. Pacific on Wednesday, September 27th, 2023. Welcome back to The Crypto Overnight -er, where we have no sponsors, no hidden agendas, and no BS. But we do have the news, so let's talk about that. Tonight, we're diving into the SEC's ongoing tango with the crypto industry. From Gary Gensler's controversial stance ahead of a congressional hearing to the SEC's foot dragging on Bitcoin ETF approvals, the regulatory landscape is becoming a battleground. And don't think Congress is sitting idle. They're stepping into the ring, demanding answers and action from the SEC. Buckle up, it's going to be a rollercoaster of a night. US Securities Exchange Commission Chair Gary Gensler has been vocal, and his recent statements ahead of a congressional hearing are stirring the pot. Gensler testified in front of the House Financial Services Committee, and we're going to get to his testimony in a bit. He's holding fast to his stance that most cryptocurrencies and crypto firms fall under federal securities laws, laws that, mind you, have been on the books for decades, according to his testimony. Gensler's view is a direct challenge to the crypto industry's ethos of decentralization and financial freedom. He likens the current state of the crypto market to the 1920s, before federal securities laws were in place. A comparison that's not just a stretch, but a leap back in time, ignoring the innovative nature of blockchain technology. Again, during his testimony today, he reiterated his belief that Bitcoin is not a security. He stopped short of saying that Bitcoin is a commodity. When he was asked if he believes that Bitcoin is a security, Gensler responded that he, the SEC staff, and prior chairs have said that it does not meet the Howey Test. However, he was reluctant to say that Bitcoin was a commodity during a follow -up question. When talking about Bitcoin's categorization, he said, quote, the test is otherwise for other laws. Again, refusing to answer the question. Gensler is not without his critics. Patrick McHenry is the chair of the House Financial Services Committee. He was the one asking questions about Bitcoin and receiving non -answers in return. McHenry accused Gensler of lacking clarity, and McHenry's point is valid. How can you punish digital asset firms for not adhering to laws when it's unclear if those laws even apply? It's like being ticketed for speeding when there are no speed limit signs. On the other side of the aisle, some Democrats like Maxine Waters are siding with Gensler. They believe that existing securities laws can work for crypto firms, but let's be real. This isn't just about regulation. It's about control. The government wants a piece of the crypto pie and they're using outdated laws to stake their claim. The House Financial Services Committee has advanced two bills. One aims to transition a digital asset from being a security to a commodity. The other looks to regulate stable coins. Both are clear indicators that lawmakers are scrambling to catch up with an industry that's already miles ahead. While Gensler was testifying, crypto entrepreneurs were in Washington for Coinbase's Stand With Crypto Day. They met with lawmakers and discussed how crypto is creating jobs. It's a counter narrative that needs to be heard, especially when the SEC is painting the industry as the Wild West. The SEC, under Gensler's leadership, is pushing for crypto compliance based on antiquated laws. That not only stifles innovation, but also contradicts the very principles that make crypto a beacon of financial freedom. And as the government tries to rein in the crypto world, the industry is fighting back, making it clear that they will not be easily tamed. Gensler's testimony is a pivotal moment for the crypto industry. His unwavering stance that most cryptocurrencies should be regulated as securities is a red flag. It's a philosophical clash with the ethos of decentralization that many in the crypto community hold dear. Gensler's comparison of today's crypto landscape to the 1920s is a thinly veiled warning. He's essentially saying that the crypto industry is a Wild West that needs taming. Now let's not forget, the crypto industry isn't Wall Street. It's a new frontier with its own set of rules and innovations. But Henry's criticism of Gensler is noteworthy. It reflects the frustration that many feel about the SEC's unclear guidelines. How can crypto firms comply with laws that aren't explicitly defined for them? It's like being asked to read a book, but the pages are blank. The advanced bills are a mixed bag. While they offer some regulatory clarity, they also paved the way for more governmental oversight, which could stifle innovation. As we unpack the SEC's heavy handed approach, it's clear that the regulatory web around cryptocurrencies is tightening. Gensler's testimony is sure to fan the flames of the ongoing debate on governmental control versus financial freedom. But folks, this isn't the only arena where the SEC is flexing its muscles. The SEC's recent move to extend deadlines for Bitcoin ETF applications from ARK21 shares and GlobalX is emblematic of the same regulatory hesitance. It's a systemic issue. The SEC's rationale, market manipulation and weak investor protections. But as many of you know, the real crux of the matter is control. The same control that the government is keen on exerting over the broader crypto space. And let's not overlook the timing here. While Gensler prepares to defend his stance in Congress, the SEC is simultaneously delaying decisions on Bitcoin ETFs. And why? All under the shadow of a looming government shutdown, adding another layer of complexity to this regulatory maze. And it's not just individual critics or lawmakers putting the SEC under the microscope, it's the entire crypto industry who is watching and waiting. Which brings us to the SEC's recent move to extend deadlines for Bitcoin ETF applications from ARK21 shares and GlobalX. Another chapter in the ongoing saga of regulatory hesitance and it's happening as the US government teeters on the brink of a shutdown. ARK21 shares and GlobalX had their hopes dashed when the SEC pushed back its decision deadlines. ARK's new deadline is January 10th, while GlobalX has until November 21st. This isn't the SEC's first radio. They've got 240 days to make a call after starting a review. But this time they've acted well before their interim deadlines. Why the rush? That looming government shutdown might be the culprit. ARK Investment Management and 21 shares have been in the game since 2021. They faced SEC rejections before. GlobalX is a newer player. They aim to offer investors a safer way to get Bitcoin exposure, but the SEC isn't biting. True to form, they cite market manipulation and weak investor protections as the reasons for their reluctance. Now, a federal court recently called the SEC arbitrary and capricious in its ETF decisions. Despite this, the SEC is continuing to drag its feet. ARK's CEO, Cathie Wood, expected this delay. She believes the SEC will approve multiple Bitcoin ETFs at once, if at all. Meanwhile, the SEC is also reviewing applications from big names like BlackRock, Fidelity, VanEck, and Invesco. ARK21 shares was leading the pack, but now it's anyone's game. The SEC's hesitance is a sign of the regulatory uncertainty that's stifling innovation in the crypto space. And as the government faces a potential shutdown, this regulatory limbo could extend even further. So really, this shutdown could not have come at a worse time. But shutdown or no shutdown, the SEC has been dragging its feet on crypto for years. So let's be real. This is less about protecting the investor and more about maintaining control over a financial system that's rapidly evolving without them. The recent court ruling that called the SEC's past decisions arbitrary and capricious is a signal that their time of unchallenged authority is coming to an end. Cathie Wood expects more than one Bitcoin ETF to get approved eventually, and she's probably right. The SEC can't hold back this tide forever. And they need to be careful because first mover status brings a huge advantage in this kind of market. The delay might be frustrating, but it's also a sign that the SEC is feeling the heat. They're running out of excuses and with each delay, they're losing more credibility. So while we wait for the SEC to make up its mind, the crypto community gets stronger and the traditional financial system gets a little more nervous. The clock is ticking and it's not in the SEC's favor. While the SEC continues to drag its feet on Bitcoin ETF approvals, citing concerns that many in the industry see as smokescreens for control, it's not just the investors and financial firms that are losing patience. The political arena is starting to bubble with dissatisfaction and it's coming from both sides of the aisle. In fact, recent court rulings and bipartisan demands indicate that the SEC's longstanding resistance to crypto innovation is reaching a tipping point. Lawmakers have decided they've had enough of the SEC's hesitation and are now stepping into the ring guns blazing. And trust me, they're not missing words. A bipartisan group of lawmakers urged Gensler to approve the listing of spot Bitcoin ETFs immediately. This comes after that court ruling we were talking about involving Grayscale Investments. Grayscale secured a win when three judges in the US Court of Appeal ruled that the SEC had to re -review its bid for a spot Bitcoin ETF. This was after Grayscale sued the SEC for rejecting its proposal. This exposed the SEC's double standard. The court specifically addressed the SEC's differential treatment of spot Bitcoin ETFs in similar funds based on futures contracts. The lawmakers argued that a spot Bitcoin ETF is indistinguishable from a futures Bitcoin ETF. The lawmakers in question are representatives Mike Flood, Tom Emmer, Richie Torres, and Wiley Nickel. They argued that a regulated spot Bitcoin ETF would increase investor protection by making access to Bitcoin more transparent and safer. They sent a letter to Gensler, stating that Congress has a duty to ensure that the SEC approves investment products that meet requirements set out by Congress. During Gensler's testimony today, McHenry did not mince words. He called out Gensler's lack of responsiveness as unacceptable, which is funny because the SEC, the very agency tasked with enforcing transparency, is itself under fire for being opaque. The irony is palpable. McHenry's frustration isn't isolated. It's part of a broader sentiment that's been building up for months. The SEC has been aggressive in its enforcement actions against various crypto entities. Yet it's the same agency that oversaw one of the largest financial crimes in U .S. history, and within the crypto industry, no less. Congress wants answers, and they want them now. They specifically targeted Gensler's communications with FTX. McHenry said, quote, "'You refuse to be transparent with Congress regarding your interaction with FTX and San Bankman Free.'" Now, this is crucial. FTX was a major player in the crypto space, and any interactions between it and the SEC could have far -reaching implications. I remember back then that people were accusing SBF of setting things up with the SEC to be more favorable to FTX than the competition. McHenry revealed that the committee made multiple requests for documents from the SEC. Seven months pass, they've received zilch. Not one single non -public document. McHenry's patience is wearing thin, and he's made it clear that the SEC is not above the law. McHenry is calling for a path forward, one where the SEC is responsive to congressional requests. If not, they're looking at the first congressional subpoena issued to the SEC. This showdown is a reflection of the growing distrust between regulatory bodies and those who hold them accountable. And let's not forget, this is happening in the backdrop of a crypto industry that's already skeptical of centralized authority. McHenry's ultimatum to Gensler is a significant moment. It's a challenge to the SEC's authority and a call for greater transparency in an industry that values it above all else. The ball is in Gensler's court. Will he play or will he forfeit? Either way, the crypto community will be watching closely. The SEC has been all too eager to slap lawsuits on crypto companies. Yet when it comes to their own dealings with FTX, one of the industry's major players, they're as tight -lipped as a sealed vault. What are they hiding and why is it taking a congressional threat of a subpoena to get some answers? McHenry's frustration is palpable and frankly justified. The SEC is supposed to be accountable to Congress and by extension, the American people. Their lack of responsiveness is not just unacceptable, as McHenry puts it, it's a breach of public trust. And let's not forget the irony here. The SEC, which has been so keen on enforcing transparency in the crypto world, is itself becoming opaque. This isn't just hypocrisy, it's a red flag. If the SEC can't be transparent about its interactions with FTX, how can we trust them to regulate an industry that's all about decentralization and transparency? The bipartisan push for immediate approval of Spot Bitcoin ETFs is a significant development. It's not just a win for the crypto community, but it's also a slap in the face for the SEC. The agency's inconsistent stance on Bitcoin ETFs has long been a point of contention. The court ruling in favor of Grayscale adds legal weight to the argument that the SEC's current position is, in fact, untenable. What's even more intriguing is the bipartisan nature of this push. In an era where political divisions run deep, the united front from both sides of the aisle speaks volumes. It suggests that the benefits of a regulated Bitcoin ETF, increased transparency and investor protection, are universally acknowledged. As I have long said, if crypto becomes a left versus right issue, both sides will lose. So it's good to see the left and the right working together on something for once. The SEC's reluctance to greenlight Spot Bitcoin ETFs is a blockade on financial innovation. This is especially glaring when you consider that futures -based Bitcoin ETFs have already received a nod. This differential treatment is not only consistent, but also discriminatory. Gensler's oversight hearing was a pivotal moment. The lawmakers are not just asking for explanations, they're demanding action. And given the court's ruling and the mounting pressure from Congress, the SEC might finally have to yield. This is not just about one type of financial product. It's about the broader acceptance of cryptocurrency in the financial ecosystem. A Spot Bitcoin ETF could serve as a gateway for mainstream investors, making it easier for them to enter the crypto market. And let's not forget, easier access means more capital inflow, which could significantly impact Bitcoin's value, and by extension, the entire crypto market. So what happened? In the showdown between Gary Gensler and Patrick McHenry at the House Financial Services Committee, the SEC's stand on regulating most cryptocurrencies as securities collided head on with the crypto industry's ethos of decentralization. Gensler likened the crypto landscape to the 1920s, a comparison met with skepticism and criticism. The SEC extended deadlines for Bitcoin ETF applications from ARK21 shares and GlobalEx, citing market manipulation and investor protection. But let's call it what it is, another play for control. And this comes amid a looming government shutdown, adding another layer to an already complex regulatory landscape. A bipartisan group of lawmakers is pushing back against the SEC's hesitance on approving Spot Bitcoin ETFs. This comes hot on the heels of a court ruling in favor of grayscale investments, adding legal weight to the frustrations with the SEC's inconsistent policies. Lastly, McHenry's calls for transparency in the SEC's dealings with FTX and other crypto entities culminate in a broader sentiment of distrust. He made it clear that the SEC's lack of responsiveness is unacceptable and even threatened the congressional subpoena. The overarching theme tonight is the intensing struggle for control and clarity between the SEC and the crypto world. On the one hand, the SEC is holding fast to ancient regulations that don't align with the ethos of the crypto industry. On the other, Congress and the courts are increasingly pushing back, demanding answers and more rational policies. This power struggle is affecting everything from how digital assets are classified to the approval of new financial products like Bitcoin ETFs. This regulatory tussle dictates the rules of the game, affecting your investments, your financial freedom and the future of the crypto industry itself. The struggle is far from over and each move has consequences that resonate throughout the crypto community. As we wrap tonight, it's clear that we're at a crossroads. The decisions being made by these institutions will either open new doors for the crypto industry or erect walls that stifle innovation and financial freedom. What's certain is that Congress is paying close attention to Gensler and exerting pressure on him to act soon, for better or worse. And that's going to do it for us tonight. I want to thank you, my listeners, because when you stop listening, I will stop talking. If you enjoyed tonight's show, then please like, follow, subscribe, leave a rating or maybe a review. And in the meantime, we'll see you tomorrow night. See you next time.
"watches" Discussed on Bloomberg Radio New York
"Watches and wonders. I'm Barry rittch, you're listening to masters in business, on Bloomberg radio. Mister favorite Bloomberg radio show, Bloomberg businessweek, masters in business, Bloomberg intelligence, and more are also available as podcasts. Listen today on Apple Spotify and anywhere else you get your podcasts. This is a Bloomberg money minute, with inflation having a tight squeeze on wallets more U.S. consumers are turning to instant credit apps to buy now pay later programs to be budgets, Bloomberg economic reporter Augusta sarava. We saw that 20% of the people who do use by now pay later services are now using a bike grocery. We're also seeing people using it to pay for restaurants. We're seeing it go in from bigger purchases to day to today items. To be in LP business surge during the pandemic, almost half of Americans have used the apps, according to a recent living tree survey, and many consumers are using the loans to bridge to their next paychecks, risking a cycle of debt. For some families, it's not that there's a right or wrong answer here when it comes to using this. And for even the most careful spenders, it's easy to rack up a huge Bill using B and PL to buy food. It's just that what some economists we spoke to have told us is that it can be a longer term issue. If you don't necessarily pay attention to how much you're standing. Kimberly Adams Bloomberg radio. And I'm Dan schwarzman in the Bloomberg newsroom. Here are some of the stories we're watching. Sources are hearing that the FDIC is asking banks, including Bank of America, U.S. Bancorp, PNC financial and JPMorgan Chase to submit their final bits for struggling first republic bank by Sunday. The regulator had reached out to banks on Thursday to gauge your interest before inviting
"watches" Discussed on Trivia With Budds
"What it be and welcome to another episode of the trivia with buds, podcast, I'm your host, Ryan buds. Thanks for checking out the show. Thanks for leaving iTunes reviews and thanks for celebrating my friend miles on his birthday today on March 29th, 2023. Miles sister Natasha reached out to me and said, can you do a custom episode for my brother? We just found the show. He would love it. Here's some stuff he digs, and I said yes, let's do it. She also wanted to deliver this message, happy birthday little brother. Keep reaching for the stars. Isn't that sweet? Very, very kind. From Natasha to her brother miles. And miles, I hope you have a great day and a weekend of partying coming up in Hawaii and a bunch of fun headed your way. We're gonna dive into a quiz on stuff you love like watches and Adam Carolla and Hawaii and dogs and Porsches and all kinds of stuff in just a second. But before we do that, we have a geek out challenge card. Let's see how you do on these warmup challenges. For movies named two films in which a library appears for television two PBS original shows. For books, 6 titles in which a wizard appears. For music, two songs by Snoop Dogg. For miscellaneous four celebrities who have their own reality series. I feel pretty confident in all those, so listen to the end of the episode. I'm gonna try and answer those if you get a kick out of me struggling to try and play along with you guys. All right, it's miles's birthday and this is a special episode dedicated to him from his sister Natasha, and we're gonna dive into those ten questions right now. Here we go. All right, miles. It's your birthday. Hope you're having some cake. Maybe some beers. Maybe some cake and beer is at the same time, maybe a beer flavored cake. That'd be kinda gross. But hey, hope you're having fun. Here's number one, what is the most popular color for the Porsche 9 11? Number one, what is the most popular color
"watches" Discussed on Bellwether Hub Podcast
"But i started to get little little insights there. So that was nice. He was like a without risking. Everything i got a little taste also realized that I like to connect people bringing the community together. Like after i made the book and held a couple of kind of informal zoom gatherings of marine nationale fans and collectors right and people from all over the world join that and then have a community that was formed because of that one meeting that's still a thriving today what's up room in. That feels good to connected people in other talking to each other. Maybe they live near each other or their opposite ends of the world but now they're talking and they're saying hey wouldn't you think about this watch. What do you think about that. Or hey. I'm going to be in france next month. You know if you wanna get together. Yeah why not right so that feels good. That's amazing the. I love what you said about creativity and learning that you can take a step right. I mean the idea of launching a business is overwhelming for a lot of people Because there's so much risk but you could take risks. Not everything has kind of gone back to the marathon versus jog thing. Not everything has to be this major incremental kind of and you learn from everything that you finish right you start you finish one of learn and then do i evolve it do i scale it. Do i do whatever that's great advice. You're good i i like. My wife is going to go so we're going to spend. My wife has french citizenship. So she's very excited about. I may have to french. Navy watches quick note on that to one of the other things that didn't pandemic life. This is in english. Where's the french version and speak french. So actually i hit rated a with the whole thing into google translate printed out in very quickly like not a good idea so i was able again that note. Very low. risk. All that down Crappy french version link basement somewhere just turned off a sold. One tried to find the person that bought it in apologize and get them the professionally translated wine which i found like five or something like that i talked to a guy did professional translation. Very nice job in now. It's in another language so You i learned that along the way but you started small internationally published simply because you understood the little steps. It's we didn't scale things in a way. That was where we didn't overwhelm ourselves with. Oh my god. This is the end of the world. It's all right. This is a small puzzle to figure out and we could take the step again just like in the martian you talk about stall one problem then moved to the next rate exactly exactly. So what's next for you. How can people. So we've got marine nationale on blurb. What's next year in the french navy world and how could find you. Give all your plugs to yeah. I'm on instagram. At st w. a..
"watches" Discussed on Bellwether Hub Podcast
"I don't have to do zero exposure. From except my time. I create the book hit upload in within minutes it's available for somebody to buy anywhere in the world when they buy it that's when they print it in senate to them at night. I have to do anything. Don't have to impacting shipping order management any that. I'm done onto the next book. Which is nice. So i guess the the idea that i mean this is so translatable for to just takes up one right just get i mean. Just start doing things and eventually something will will float to the top absolutely. There's one you just. You probably already have the pictures of whatever. Your hobby is a thirty of them. Hit cram when you hold that book your hand. It's going to spark the next step. It's cool right. Yeah yeah it's Right you'll never get anything done. Which is why. I like your iteration kind of you know. We'll put out version one point. Oh to plano What is different about you so go back. How long have you been doing this ten years that you ten years ago opening that watch now. you're on version. Three of your book. an expert in french navy watches right. We call you an expert which is kinda cool. Don't be humble. What have you learned about yourself. And not necessarily just. The french navy watches but from the macro kind of. I've had this hobby. I've explored this hobby. What's what's different about as you develop this kind of passion yeah. I think i've learned a lot about myself through the process. It reminded me that. I like to be creative. In a gave me this outlet. There's a room for creativity in in the law. But it's usually more like what's gonna keep me out of trouble but it also gave me some window. I always imagined someday that that would run my own business. Whatever that is in. I am not able to to get the courage to go do that. All in right now but this gave me a baby step just to try it out with zero stakes Price you know where the next meal is gonna come from like you. Just start start small and it gave me an option. Scratch that edge. Learn a little bit more. I don't think. I know everything about what it's gonna take to run a business..
"watches" Discussed on Bellwether Hub Podcast
"Crap Good don't tell me about floor. Formatting just tell me what do you think about the content. Your iterating much quicker and even applies to books on french navy watches to because we're our own worst enemy right. We we kind of question everything and we are but one of the things. I wanna point out about version. Zero point crap is that you took all the pictures like if if you were to say to someone I want you to make a book on this. They're gonna be like. I don't know how to make a book. You actually broke down the steps to say what i need to do. Any pictures for this book click. You took your pictures now with us as cell phone. All the pictures are from the phone having your pocket. You don't anything fancy and then you turned it into a and then you like their tools out there and it's basically curious about if i want to write a book one of the things. I have to write a book. Just figuring out the steps at literally This was just a collection of photos in in google photos. A half dislike many photos Pick thirty of them Book shows up a book that you send your grandparents in that sort of thing. same thing. that's that's as easy as it as it can get to start in then when i said okay. We'll people seem to like this. Maybe i should add text so then i went to actually like the next virgin which was kind of a version with texts. is actually a brand called vintage. Crc another super niche thing in that had just a little bit of text not a lot just a little. That was the next incremental Set me up to to me marine nationale which. I went with the full tax standing. Just lots of tax pictures in that sort of thing and What was cool about this. I learned anybody can make a.
"watches" Discussed on Bellwether Hub Podcast
"Never come back but you go in and you have fun. You could that across anything absolutely when one more thought in. Come back to that. Was that you also in term. Despite you might look back into your pass into his as a kid at ten redoing. I i had a collect. Gi joes as a kid not collect That that was just toy just played. And i would like save the little cutouts on the back of the cardboard box. The secret top secret file you know with their real identity was still have that somewhere. I am convinced there's a gi joe collector community out there right down to doesn't cost much to get into and just having fun just because right in terms of the Just getting started. You mentioned going to the gym. I think people need to be comfortable trying. Something like you said just for fun. Just call it an experiment right if if you just like. I want to start going to have mexican food every friday night from here on forever. That's a very different proposition than like. Hey hounding spearmint despite. Let's try mexican if it's great. Maybe we'll start tradition if not. Hey we'll try something else next week but the the entry level that the table stakes are a lot lower in so whatever new hobby like. I'm going try this one minute. Go to the workout class. Went one day and just see how it goes. No big deal. It's much easier to get into versus for the next ten years. I am going to be watch collector of this type. Try it in in. I think one more thought on that note was that you have to make contact with the real world of your ashes As soon as possible by in for me the best teacher of vintage watches was when i bought my first one like super scary. Because all these questions that you raised. How do i know it's real. You do much homework but at some point..
"watches" Discussed on Bellwether Hub Podcast
"So you have to look for but a lot of times when i'll tell people is like you know be be a sheep. Great that you're going to buy your first one stick to one that kinda kicks all the boxes of a typical one look in terms of finding that one off example where they meet a pink dial instead of a blue outlook at the front of that line. I want that's like expert level kind of thing you don't lose your any if you're gonna do that or even if you're gonna buy one. That looks like everything else is. Just reach out to the community super friendly. I can't tell you the number of times that i've just ping random people on instagram. Saying hey looks like you have a couple of these types of watches. I'm thinking about buying one and you just take a look at this. Tell me anything like one hundred percent all the time. They're coming back with looks. Good actually might want to check out this. That sort of thing in the community is just super Warm welcoming navigator. That's cool so finding so i'm processing this. We've got spark an interest finding community right like we could find all of these things you said. Your spark could be anything. And i like. Hey frames the thing that keeps you up at night so those also it's you know. How do you lose track time while you're doing it right right. Talk to me about your flow. You have to be open to finding a spark Many people just don't know where to begin. So how'd you get started if i as we talked about. Maybe you're lucky and you're just doing something in a totally derails the rest of your day. Look i'll supposed to work in all the sorts. But then i happened to read this article at launch next thing. I know look up. And i've been researching. French navy washes let you may may or may not be true happened to our building hours. As long as you're not billing no client was built for that right But but if you don't have that i also think you can find in other ways you don't have to force it to extent but one of the other things i found myself totally outside of watches was going back and relearning something that i used to know. My undergraduate degrees in biochemistry is a long time ago. And i kind of felt it sometimes ashamed of of having the degree but not being of the know everything that i wanted to write any and i found myself using time with pandemic to take some online education classes through This h max. Harvard medical school online and it was really great to take a class called biochemistry where our kind of had a leg up..
"watches" Discussed on Bellwether Hub Podcast
"I need to know more about that in In that that set me off on this treasure high so it literally just came out of nowhere a you just stumbled upon it and it's kind of like those people who are looking for you know what i need to get married. I need to find a spouse and you say stop looking in you. Meet them in the brand mile supermarket when you happen to be there and that my wife at cosco on all right but but it's that that spark right for me allied. I think it's it's there for people. you don't have to force it right. You will know what is the thing that you are actually searching for late at night in bed in. You're staying up instead of sleeping. That's probably something close to like. Follow that see where it goes right and i followed that to a point where it started with one who had some of nice it up at thirty four and i was like jeez i probably have probably needed the largest collection of these under one roof. I there's a book here and I want to give back in peace together lobby stories that had threads in from various forms collector arcane knowledge things i had figured out put it all together in one place and basically the nugget is. I wanted to make the book that. I wish i could have bought in. The beginning of this journey didn't exist. I don't think even existed in french right. There were like little chapters or a couple pages in larger watch tones but nothing fully dedicated to this in the wide range of watches. So that that was my goal is to make the book. I wish i could have bought and What i like about the book is. I know nothing about watches but i'm fascinated with all the stuff that's in here and i don't know i mean. We talked a little bit about how your instagram person..
"watches" Discussed on Bellwether Hub Podcast
"It is in the the size of it is slowly revealed itself to me right. You know as an american who doesn't speak french. There really wasn't much of a local community interested in these watches in the early days my collecting. It was knee looking over the forums in french using google. Translate to try and understand what they were talking about. Sometimes five six. Maybe a decade earlier. Before i was looking at this right. So that community existed there And i was the outsider looking in now after doing this for a while. And it's kinda having written the book people sort of know that you know at least in america. I'm kind of one of the main collectors on this. And that community right now. I would say like maybe thirty forty people i know for sure are into this Like i am in. That's great but the cool thing was that you have to If you can't tap into that community in some genres have their own communities that are thriving hundreds thousands whatever. But even if you're the only one for your new niche you can create that community in its stays with the social media and i and A great point. Because i've talked on on the show is your community. Now is no longer dictated by geography. And i think that was one of the other things we learned in the middle of the pandemic is that we start to pick the people we want to spend our time with and as you shown de speak french now no not i hope so now not you still don't even speak for it. You've been doing this for how long and you've got this community of people. That's amazing to me and i think it's a it was a it. It's not something. I would have expected because in the beginning i was like i don't even speak the language i don't know who's out there..
"watches" Discussed on Bellwether Hub Podcast
"The that was just for me. It was french navy watches and I can tell you about how how how how it came to be. So i want to hear about this because when people when i think of a hobby of collecting watches that seems intense. And so and we've talked a lot about before this of you know. How do you find the thing that's right for you. There was a guy that i met a long time ago. Who left corporate anyone sort of frozen yogurt shop. And i looked him in the face and my wife thought it was so rude but i was genuinely curious. Why frozen yogurt. You can do any business you want. Why frozen yogurt. And so my question for you is. It's not just watches. It's french navy. Watches y french navy watches. Yeah it's a in one word. It's the province lots of available for them. What that means is that For watches especially vintage watches. They have a story. Most people don't know what that story is unless you happen to know. The person that were know their whole life they passing gang my grandfather passing it out but for military watches which is a particular genre that these fallen a lot of times they have engravings or certain style. That would let you know that this watch was actually used by certain countries military typically. That's all you might know. This was used by the us army. That's it With french navy watches a lot of times. They come with provenance or some documentation available either with watch or with a little bit of research that you can actually find a lot more about the history of that watch so for example the watches. I'm able to know which submarine it was issued to which is just really cool to me on fan of submarines in now when aware that watch to pretend to be sub mariner for and also you get a little view into the life that that watch lived and like that. It's so it almost when you frame it that way. You're not really watch collector. You're almost living a history definite right. I mean it's like you're very specific. His fan where you're uncovering story rather than just saying. Oh i want this watching. This looks good on my shelf absolutely in. That's kind of the thing. One of the things that will be up late at night. Hunting is the history of this watch or the unit that this watch was issued to what happened to that submarine. They started piecing up. Maybe i can buy it another piece of the submarine or something like that. I don't know if you're gonna well pieces. Of submarines and looking or periscope anybody notes..
"watches" Discussed on Bellwether Hub Podcast
"I'm jim frawley. And this is bellwether. Welcome development thank you for being this week. I appreciate it as always. This week is going to be one of my phone interview weeks. I do this every once in a while. I bring in a guest who i really think has value for whatever it is that i want to talk about that weekend so this weekend here the interview in a little bit but i wanted to give it a little precursor because you know i work with corporations on how to operate at a higher level where we build learning development plans to do all that stuff and what i found where most learning development plants fail is that there is this merging of personal capability and work and personal capability and work and a lot of times many of the times that i speak with people i hear from everybody is. I don't like my job. Because i don't feel like i have a sense of purpose and i have no spark and i have this yada yada yada yada yada and so a lot of times on this podcast. I'll jump into that personal aspect of what can you figure out for yourself. Your you know whatever You know get your purpose. Get your motivation. Whatever it is and find my purpose you know less talked about how i hate the word resilience now find my purpose is kind of in that same camp of you know finding purpose and and people expect their work to give them purpose when in actuality you can't really just expect a hobby or purpose to come and do things for you you actually have to dictate yourself and so we have this guest scott from watch street. Scott has just a cool story and he's got this cool book marine nationale where he just found this passion he stumbled upon this passion where he just thought it was really cool to check out french navy watches and there and the more he checked. These watches that he really liked. He saw that each watch had stories and he got really into it. And and so. I wanted him to talk about this passion. How do you find passionate. How do you find a hobby. How did you find this thing that takes you to a different level and Everybody when we talk about entrepreneurship people like you know what. I just gotta find my purpose in my passion and do that but what i like about scott is that he's unapologetically interested in something and it hasn't been done what he has to do for work and he's a he's a lawyer by day but he's this watch fanatic at night and it's not this crazy overtaking his life type of thing but he found something that's really interesting to him and so what i would encourage people and he's got great advice on on how to find that spark and and how he found his spark and how it kind of comes like this random time where you're not actually looking for it and how to get started and he's got this perspective.
"watches" Discussed on Game Theory Podcast
"And then she gets a ring on the doorbell from Siobhan's like ex-girlfriend and then like hijinks ensue I still want to know. Do we think that Jean Smart ever got that carton of ice cream? Outside of the breadbox. Yes. Ultimately you have to and it's, it's a similar Ploy that all of us do and even on like Sunday nights, like one last snack. And then somebody knocks on the proverbial door and freely scattered your whole plans. It's just the best. Okay. Another question. Why is Guy Pearce in the show? Oh, oh, that's a good one. I just talked about my dad with this last night. Took the days. Like I. A great actor, the kind of wasted them. I totally them in agreement with that. I hope that there's not some wild twist that, like, yeah, he did it all. It's like, I thought you were like a teacher in like juice to a guy trying to find a second chance at a small town. I do get here unless he ties these threads together, I don't know. The, the point, when I feel like, if that happens, I'm going to be really blown away because he's with Kate Winslet that night, the night, that the murder happens. So there's also there's no. He has to have some bigger role because he is a decently named actor, dead. Arm kind of the screen and for people who don't watch a ton of stuff, it's like, oh yeah. I recognize that guy's good for him to just kind of be the, the almost like the side boyfriend. I mean the real boyfriend would be a, a strange move but maybe that's one of the rod. Bearing throwing you off the, the scent of what actually is going on. Yeah, maybe. Evan Peters was amazing in this show. I want to say the detective detectives able. Yes, yeah, Kevin. This is phenomenal as an actor and I'm really interested to see more of him. This was something totally different than what I've seen from him previously. Like, he's quicksilver in the X-Men movies and he's been in some Ryan Murphy said, this was like totally different and I thought it was so impressive and so good. Yeah, I'm not going to do too many spoilers. But when something big happens in episode five, I was like, oh, I didn't know that that was going to happen, right? Yeah, no saint. I will say whenever he starts like, they start doing an accounting of someone's life, I start to get the alarm Bells song. Yeah, that's the trigger. Okay, so theories, final theories. What what do you think? Who do you think killed, Aaron? Are we going to do this, right off, record this on the air. I've actually done my best to to not. I will say for True Detective, I went down every Reddit rabbit-hole I, why am I think Zucker got attached? Okay. All right, it's like I know I like that show, too. I'm surprised sure you do get into like, the, the Army and the horses. And all. Anyway, I was I was way down with the True Detective and I want to know everything, I've let this unfurl more the show and I, I read like two articles and I didn't want to get too into fan theories. My, my theory and please hit stop and do yell at me if you're listening to this and I'll watch the show, is that Lori's husband, did it the other brother somehow got involved and killed Aaron and he's dead. Ramp the whole thing but it's not like a a wild wild thing. He he didn't like he's the he's the father of of parents of DJ the baby and somehow the brothers involved..
"watches" Discussed on Greg Laurie Podcast
"Pastor greg. Laurie is helping. Consider the great faith of the woman described in mark chapter five today on a new beginning. A steady called. Everybody needs jesus. And if you weren't able to hear every word of this important insight get caught up by listening online at harvest dot. Org and then it's a real privilege to make available a new book by fox news anchor and chief. Legal correspondent shannon bream. You may have seen her on fox news at night in the evenings. She's written a refreshing new book. Called the women of the bible speak pashto. greg's wife kathy is here with shannon shannon. You dedicate this book to your grandmothers. And i just want to know what was the role. That grandmother's played in your life in your journey of faith and maybe say a word of encouragement as to how women out there today might realize that they they may have a very quiet role of parenting or grandparents but the impact that it can make on an individual. Yes oh my grandma. Nell lived to be one hundred and two and she was faithful. I mean she was in church every sunday. She had her pew. She wanted to sit. Close up front. Says she would hear the music and the pastor. She always wear a hat and every sunday. It was a family tradition. That we would be with her and then we would have sunday dinner afterwards. And just those sundays together or such an amazing fond memory for me that she was faithful and she trusted the lord and she was Feisty about it. I mean she was somebody who her faith was her priority. Now i'm still blessed to have my grandmother. My other grandmother margaret weatherly. Who is still with us. She is ninety five years old and she is. Somebody who has in the last few years really struggled healthwise with other issues but man. I can't have a conversation with her where she is not talking about. The lord's giving me another day. What can i do with this day. He knows what the timing is. And i'm just gonna trust him. He's with me. He's my companion even when i'm alone even when i'm struggling. And so for her. She continues to be that witness and i haven't shown her the book yet. 'cause i want to show her in person the dedication and can't wait for her to see it and just to be able to thank her for living that consistent life faith especially in the in these days where she's really faced a lot of struggles and instead of turning or being bitter i mean she somebody who said hey listen. The lord woke me up. Gave me another day. What am i going to do with it. He's going to walk with me. I love that. And i'm holding in my hands this book. It is so beautiful. i. I'm a grandmother and i'm just thinking if someday someone would write a book and include me an introduction or a dedication like that i'd be so blessed it is beautiful i love it. It's just very feminine flowers on there but The contents of this book hopefully will inspire another generation of women to go forward with strength and boldness and courage even in the most difficult times. The encouragement is here. These women of the bible really do speak to our lives. And i'm so grateful that she wrote this book the wisdom of sixteen women and their lessons for today and that is what's so amazing is the bible is truly alive. The words are important and they are living and they speak life in the us even today. Copy laurie speaking with shannon bream author of the new book. The women of the bible speak. It's such a wonderful tool of inspiration for women and really for all of us. And we'd like to send this to you to thank you for your investment in the important work of bringing people to the lord and bringing people closer to the lord it's act. We recently heard this from a listener. I've listened to your podcast for nearly three years. You helped me accept jesus. I'm currently receiving cancer treatment and your new believers bible is what keeps me going. I read your devotions every morning. Well you know your investment helps us reach people like this. It's an investment touching and changing people's lives and with your donation right. Now you can choose. The amount will be glad to send you the women of the bible speak and we hope you'll contact soon. We'll only be able to mention this a short time longer. Just a new beginning box. Four thousand riverside california nine to five one four or call one eight hundred eight to one thirty three hundred and we can take your call anytime. That's one eight hundred eight two one. Three three zero zero or go online to harvest dot. Org everybody greg. Laurie here encouraging you to join us this weekend for what we call harvest at home. It's worship. it's a message from the word of god. You can watch it with your family in your front room or you can watch on the go on your tablet on your phone or your computer. Take with you. Take the word of god with you and join us for harvest at home at harvest. Donald well next time. More from pastor. Greg study in mark chapter five good encouragement of a handle. Lord can touch our lives and meet us at our point of knee. Join us.
"watches" Discussed on Greg Laurie Podcast
"What he's doing weight on his time..
"watches" Discussed on The No Budget Filmcast
"Lily collins so you liked it. I did you watch it you know. I'm a boy. I would love us like not there. Yeah and basically was like 'cause she knew i would. I wouldn't have no interest in watching that. 'cause she's like yeah. I watched it when you weren't here. Because they need hate it. I don't think she did. Actually it's the kind of movie that she would look. I think she felt it was too much of that of a movie for her. I don't know maybe she did. I don't know. I don't remember what she actually said. This like. there is the fashion. It's so cliche like like as you get worse super so so i saw It was may after one episode of Embarrass is this is terrible. The after ten episodes this is terrible. This is it's a romantic remind decides brazen. The paris is single sex in the city which you probably never watched cedar put if you're like into fashion you know. Obviously you're fashion to know when and where it's brilliant like it's loves the fashion and shows like pirates West is very that. She's oh gosh american. Yeah you refuses to to to integrator. Like he meets sam her and he's like oh. I just finished college tournament a cheese. He thinks he's like twenty two twenty three collage infringed in secondary schools. This she she was with. She got with the wrong younger brother by an accident. You don't realize just didn't know melissa. I hated i actually had to go. And then it was like ten episode season two or certain tell you what is getting loads of publicity. And the korean government's star on broadway you know. And she's really interesting background like he can't guarantee that a young fifteen year olds in real life and make a wish kids so so they went sue. Her wish was to broadway and see all the shows on spiders to to go studying musical appeaser. You won't like lows awards and everything and talks origin and into you know what it was. This interesting ever get sick and do the make a wish. I'm going to be like my make a wish. Is i want to star in a big big budget. Blockbuster action film. I want to start in the next marvel. That's for yeah. I know it's an ancient in britain. Make away she's there. Yeah there probably is. I'm probably tools. Nuttier did that's probably true probably right..
"watches" Discussed on Piecing It Together Podcast
"A very very well known well regarded successful movie at the time But i never watched it. Never it's very very long. I think it's like three hours or almost three hours long. It was never something that i felt like. was on my radar particularly. But i'm glad i had the reason to watch it because it's so fun and weird in a way. I mean you'd think that it would be this boring historical drama which is a lot of what the miniseries the new series turned out to be. But it's got all of these really fun charismatic performances Dennis quaid is one of his earliest breakout roles. And he's just so charming. And it's all about these cocky test pilots you know who were the early astronauts at nasa and there are these guys who they don't they're not holding sacred the idea of going into space and exploration and things like that that you you have that sense of on wonder in movies about astronauts i feel like now and you have some of that in this movie too but it's also just about these kind of shit kicking army guys or navy airforce guy guys actually. Maybe i don't know military stuff. Sure military guys. You know whose jobs have previously existed. It consisted of pushing themselves like putting themselves in constant danger you know. And so they really have that sense of recklessness and it captures that it's funny but it also gives you the real history of staff And it includes aspect of the story of the book that the series the new series despite having more time leaves out which is telling the story of chuck yeager who is just just died recently but was like the early as one of the earliest most famous pilots who decided not to join nasa because he thought this astronaut program was kinda joke and then lost out on the opportunity to get the fame and fortune that these other guys got by being the first people in space but it uses that as kind of a counterpoint like his sort of missed opportunity and him as this kind of lost icon of american masculinity and sam shepherd plays him and so it's got that extra element to it that the series loses out on. So it's very long. And i understand if people might think it's too much but it's worth it and it's another thing i love. Is that after three hours. It ends on this kind of like weird just anti-climactic note like we went to space. I like that about it. So the right stuff by philip kaufman. Nice nice see. I have not seen it. I heard really great things. And it's come up as a puzzle piece a few times when piecing it together and it sounds like it's just a great take on that kind of astronaut story and like you know keeping fun and fresh from that point of view. Yeah i think so and again one of these movies at one. A bunch of oscars. You think it's going to be all stuffy and it's really not right right..
"watches" Discussed on Piecing It Together Podcast
"We talk about here on the show and You know we also have a patriot on over on the patriot and we we post all kinds of bonus content from piecing it together awesome movie year also my music career. Lots of great stuff. It's called produced by david. Rosen it combines all of that content into one great patriots so check that out so with all that said Let's get into this conversation. 'cause we got a lot of movies to talk about and there may be some great recommendations in here for you to go check out all right. So josh bell is back with us josh. How's it going. Oh it's going good dave. It's been at least ten to fifteen minutes since we last spoke..